Rane Holdings
- Market cap
- ₹ 2,036 Cr.
- P/E
- 26.4x
- P/B
- 1.78x
- 52-week range
- 981 – 1,894.5
- ROE
- 7%
- ROCE
- 10%
- Dividend yield
- 3.3%
- Debt / equity
- 0.88
- Sector
- Finance
- Industry
- Holding Company
- Listed on
- NSE, BSE
About
Rane Holdings Limited is an India-based company, which is engaged in the manufacturing and marketing of automotive components for the transportation industry. The Company is a preferred supplier to major original equipment manufacturer (OEMs) in India and abroad. It manufactures steering and suspension systems, brake components, engine components, occupant safety systems and light metal casting products. Its steering and suspension systems include manual steering gears, steering linkages, suspension components, and hydraulic products. Its valve train components include engine valves, valve guides and mechanical tappets. Its friction material product includes brake linings, disc pads, clutch facings, sintered brake pads and others. Its occupant safety systems include seat belts, such as pretensioner, height adjuster, and others. The products serve the transportation industry including passenger vehicles, commercial vehicles, farm tractors, two-wheelers, railways and stationary engines.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Holding Company: 15 companies →Rane Holdings against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)26.4 against a typical 9.6: pricier than most peers (1st = cheapest).13th of 15
- Sales growth+18.3% against a typical +20.2% from a year earlier.9th of 14
- Profit growth−15.8% against a typical +28.6% from a year earlier.10th of 12
- Share price, 3 months−16.1% against a typical −8.7%.14th of 15
- Size₹ 2,035.7 Cr. market value against a typical ₹ 1,425.4 Cr. (1st = largest).6th of 14
Latest announcements
Exchange filings and their impact on the company.
- Rane Holdings to invest Rs 80.85 cr to maintain 49% in fast-growing ZF Lifetec JV.
Rane Holdings' Finance Committee on October 22, 2026 approved a further Rs 80.85 crore investment in its joint venture ZF Lifetec Rane Automotive India Private Limited. It will subscribe to 5,15,954 shares at Rs 1,567 per share via a rights issue, keeping its stake at 49%. The JV, which makes airbags and seatbelt systems, reported FY26 turnover of Rs 1,180.55 crore and net worth of Rs 113.74 crore, and will use the funds for capex and operations.
- 9 Oct 2026Pendency of Litigation(s)/dispute(s) or the outcome impacting the CompanyLow impactPositivePrice −1.6% on 12 OctSubsidiary's Rs 10.07 crore GST demand dropped in full with no payment.
Rane Steering Systems, a wholly owned subsidiary of Rane Holdings, received an order on October 8, 2026 from the Assistant Commissioner (ST), Chennai dropping in full a Rs 10.07 crore GST demand including Rs 0.92 crore penalty for FY 2022-23 and 2023-24 relating to alleged ineligible input tax credit. The company said there is no financial implication, penalty or non-compliance. The outcome removes a contingent liability overhang with no payout or provision impact.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA- by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | — | Stable | 15 Oct 2026 |
| ICRA | [ICRA]AA- | Stable | 18 Dec 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 15 Oct 2026 | New rating | — | Low | CRISIL | ₹ 110 Cr. | |
| 18 Dec 2025 | Reaffirmed | [ICRA]AA- | — | ICRA | ₹ 100 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 12 Nov 2026Upcoming | Financial Results | RANE HOLDINGS LTD. has informed that the meeting of the Board of Directors of the Company is scheduled on November 12, 2026, inter alia, to consider and approve the Un-Audited Financial Results for the quarter and half- year ending September 30, 2026. Further, in accordance with Rane's Insider code, the 'Trading window' would remain closed for Promoters, Directors, other connected persons and designated employees of the company from September 30, 2026 to November 14, 2026 (both days inclusive) for the above purpose. |
| 13 Aug 2026 | Financial Results | RANE HOLDINGS LTD. has informed that the meeting of the Board of Directors of the Company is scheduled on August 13, 2026, inter alia, to consider and approve the Unaudited Financial Results for the quarter and year ending June 30, 2026. Further, in accordance with Rane's lnsider code, the 'Trading window' would remain closed for Promoters, Directors, other connected persons and designated employees of the company from June 30, 2026 to August 15, 2026 (both days inclusive) for the above purpose. |
| 15 May 2026 | Financial Results | RANE HOLDINGS LTD. has informed NSE that the meeting of the Board of Directors of the Company is scheduled on May 15, 2026, inter alia, to consider and approve the Audited Financial Results for the quarter and year ending March 31, 2026. Further, in accordance with Rane's Insider code, the 'Trading window' would remain closed for Promoters, Directors, other connected persons and designated employees of the company from March 31, 2026 to May 17, 2026 (both days inclusive) for the above purpose. |
| 14 Feb 2026 | Financial Results | RANE HOLDINGS LTD. has informed that the meeting of the Board of Directors of the Company is scheduled on February 14,2026, inter alia, to consider and approve the Un-Audited Financial Results for the quarter ending December 31, 2025. Further, in accordance with Rane's Insider code, the 'Trading window' would remain closed for Promoters, Directors, other connected persons and designated employees of the company from December 31, 2025 to February 16, 2026 (both days inclusive) for the above purpose. |
| 14 Nov 2025 | Financial Results | RANE HOLDINGS LTD. has informed BSE that the meeting of the Board of Directors of the Company is scheduled on November 14, 2025, inter alia, to consider and approve the Un-Audited Financial Results for the quarter ending September 30, 2025. Further, in accordance with Rane's Insider code, the 'Trading window' would remain closed for Promoters, Directors, other connected persons and designated employees of the company from September 30, 2025 to November 16, 2025 (both days inclusive) for the above purpose. |
| 12 Aug 2025 | Financial Results | RANE HOLDINGS LTD. has informed that the meeting of the Board of Directors of the Company is scheduled on August 12, 2025, inter alia, to consider and approve the Unaudited Financial Results for the quarter ended June 30, 2025. Further, in accordance with Rane's lnsider code, the 'Trading window' would remain closed for Promoters, Directors, other connected persons and designated employees of the company from June 30, 2025 to August 14, 2025 (both days inclusive) for the above purpose. |
| 30 May 2025 | Dividend | RANE HOLDINGS LTD. has informed that the meeting of the Board of Directors on May 30, 2025 which is to consider and approve Audited Financial Results (Standalone & Consolidated) for the quarter and year ended March 31, 2025 may also consider a proposal to recommend dividend, if any, for the financial year 2024-25 and fix record date for the same. In accordance with Rane lnsider's code, the 'Trading window' would remain closed for Promoters, Directors, other connected persons and designated employees of the company till June 01, 2025 or 48 hours after conclusion of the Board meeting, or any adjournment or reschedulement thereof, whichever is later. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 928 | 837 | 870 | 831 | 916 | 1,241 | 1,374 | 1,341 | 1,399 | 1,535 | 1,609 | 1,587 |
| Expenses | 858 | 747 | 787 | 758 | 835 | 1,162 | 1,278 | 1,239 | 1,302 | 1,492 | 1,483 | 1,480 |
| Operating Profit | 70 | 90 | 83 | 73 | 81 | 78 | 95 | 102 | 97 | 42 | 126 | 107 |
| OPM % | 8% | 11% | 10% | 9% | 9% | 6% | 7% | 8% | 7% | 2.8% | 8% | 7% |
| Other Income | −64 | 19 | 14 | 10 | 222 | 13 | 10 | 33 | 21 | 4 | 37 | 28 |
| Interest | 17 | 18 | 17 | 17 | 20 | 24 | 24 | 21 | 19 | 19 | 15 | 20 |
| Depreciation | 35 | 32 | 35 | 33 | 35 | 47 | 52 | 50 | 52 | 52 | 55 | 55 |
| Profit before tax | −46 | 59 | 45 | 33 | 248 | 19 | 29 | 63 | 47 | −25 | 92 | 61 |
| Tax % | −212% | 18% | 15% | 40% | 25% | 78% | 60% | 9% | 33% | 55% | 5% | 20% |
| Net Profit | 51 | 48 | 38 | 20 | 185 | 4 | 12 | 57 | 31 | −40 | 88 | 48 |
| EPS in Rs | 28.46 | 27.29 | 21.99 | 9.19 | 124.44 | 2.27 | 6.58 | 35.57 | 16.45 | −35.41 | 51.94 | 26.17 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 9%
- 5 Years
- 24%
- 3 Years
- 19%
- TTM
- 26%
- 10 Years
- 3%
- 5 Years
- 26%
- 3 Years
- 4%
- TTM
- 6%
- 10 Years
- 9%
- 5 Years
- 20%
- 3 Years
- 17%
- TTM
- —
- 10 Years
- 7%
- 5 Years
- 6%
- 3 Years
- 7%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Rane Holdings | ₹ 1,455.00 | ₹ 2,036 Cr. | 26.4x | 1.8x | 7% | — |
| Samvardhana Motherson International | ₹ 151.00 | ₹ 1,59,367 Cr. | 35.1x | 3.7x | 10.2% | 3.2% |
| Cummins India | ₹ 4,338.90 | ₹ 1,20,274 Cr. | 62.3x | 17.8x | 29.5% | 19.5% |
| Bosch | ₹ 44,045.85 | ₹ 1,29,918 Cr. | 51.3x | 8.1x | 19.4% | 13.8% |
| UNO Minda | ₹ 1,052.00 | ₹ 60,749 Cr. | 54.8x | 9.8x | 19.1% | 6.5% |
| Sona Blw Precision Forgings | ₹ 752.80 | ₹ 46,984 Cr. | 64.6x | 7.3x | 11.2% | 14.1% |
Management
- Lakshminarayan Ganesh
- Executive Chairman of the Board, Managing Director
- Harish Lakshman
- Vice Chairman of the Board, Joint Managing Director
- J. Ananth
- Chief Financial Officer, Executive Director
- P. A. Padmanabhan
- President – Finance and Group Chief Financial Officer
- S Subha Shree
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.