Rane Holdings Limited Logo

Rane Holdings Limited

RANEHOLDIN.NS

(2.8)
Stock Price

2.082,60 INR

4.52% ROA

16.54% ROE

16.02x PER

Market Cap.

18.230.608.930,00 INR

98.53% DER

1.33% Yield

2.62% NPM

Rane Holdings Limited Stock Analysis

Rane Holdings Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Rane Holdings Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (25.6%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 PBV

The stock's low PBV ratio (0x) suggests it's undervalued, making it an attractive opportunity for investors.

3 DER

The stock has a low debt to equity ratio (0%), which means it has a small amount of debt compared to the ownership it holds

4 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

5 Net Profit Growth

This company's net profit has consistently grown over the past three years, showcasing a positive financial trend and making it an appealing investment opportunity.

6 Assets Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

7 Dividend Growth

Investors can be encouraged by the company's strong dividend growth over the past three years, highlighting its ability to generate consistent returns and provide an attractive investment opportunity.

8 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (286.956), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

9 ROA

The stock's ROA (0%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

10 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

11 Dividend

Investors should be cautious as the company hasn't distributed dividends in the last three years, possibly indicating financial challenges.

Rane Holdings Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Rane Holdings Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Rane Holdings Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Rane Holdings Limited Revenue
Year Revenue Growth
2006 2.223.990.000
2007 5.772.002.000 61.47%
2008 8.005.808.000 27.9%
2009 11.719.895.000 31.69%
2010 15.994.678.000 26.73%
2011 18.595.700.000 13.99%
2012 19.359.600.000 3.95%
2013 19.276.600.000 -0.43%
2014 22.108.800.000 12.81%
2015 24.071.200.000 8.15%
2016 29.709.300.000 18.98%
2017 22.575.900.000 -31.6%
2018 25.050.500.000 9.88%
2019 21.211.700.000 -18.1%
2020 20.038.000.000 -5.86%
2021 26.369.600.000 24.01%
2022 35.083.300.000 24.84%
2023 37.125.200.000 5.5%
2023 35.298.200.000 -5.18%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Rane Holdings Limited Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 172.200.000 100%
2017 203.600.000 15.42%
2018 271.500.000 25.01%
2019 13.500.000 -1911.11%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Rane Holdings Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 217.300.000 100%
2013 244.300.000 11.05%
2014 3.101.400.000 92.12%
2015 317.200.000 -877.74%
2016 337.900.000 6.13%
2017 360.100.000 6.16%
2018 420.300.000 14.32%
2019 449.700.000 6.54%
2020 378.600.000 -18.78%
2021 498.200.000 24.01%
2022 536.300.000 7.1%
2023 0 0%
2023 590.000.000 100%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Rane Holdings Limited EBITDA
Year EBITDA Growth
2006 707.660.000
2007 680.457.000 -4%
2008 775.565.000 12.26%
2009 1.522.995.000 49.08%
2010 1.903.269.000 19.98%
2011 2.340.700.000 18.69%
2012 1.785.100.000 -31.12%
2013 2.650.700.000 32.66%
2014 2.379.300.000 -11.41%
2015 2.442.500.000 2.59%
2016 3.361.400.000 27.34%
2017 3.777.300.000 11.01%
2018 3.660.500.000 -3.19%
2019 2.185.600.000 -67.48%
2020 947.900.000 -130.57%
2021 1.666.500.000 43.12%
2022 3.476.900.000 52.07%
2023 3.542.800.000 1.86%
2023 2.986.000.000 -18.65%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Rane Holdings Limited Gross Profit
Year Gross Profit Growth
2006 519.087.000
2007 480.726.000 -7.98%
2008 628.523.000 23.51%
2009 1.407.509.000 55.35%
2010 3.718.747.000 62.15%
2011 4.405.400.000 15.59%
2012 8.234.400.000 46.5%
2013 8.606.000.000 4.32%
2014 9.762.000.000 11.84%
2015 10.541.600.000 7.4%
2016 13.091.600.000 19.48%
2017 8.776.000.000 -49.18%
2018 9.430.100.000 6.94%
2019 8.244.100.000 -14.39%
2020 7.394.100.000 -11.5%
2021 9.221.300.000 19.81%
2022 14.796.900.000 37.68%
2023 15.799.600.000 6.35%
2023 8.688.700.000 -81.84%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Rane Holdings Limited Net Profit
Year Net Profit Growth
2006 322.528.000
2007 505.762.000 36.23%
2008 165.654.000 -205.31%
2009 416.428.000 60.22%
2010 699.834.000 40.5%
2011 717.200.000 2.42%
2012 383.800.000 -86.87%
2013 434.400.000 11.65%
2014 709.400.000 38.77%
2015 655.400.000 -8.24%
2016 1.368.200.000 52.1%
2017 1.302.900.000 -5.01%
2018 1.037.300.000 -25.6%
2019 -27.200.000 3913.6%
2020 -505.700.000 94.62%
2021 241.400.000 309.49%
2022 622.700.000 61.23%
2023 1.625.600.000 61.69%
2023 1.237.700.000 -31.34%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Rane Holdings Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 39
2007 35 -8.57%
2008 12 -218.18%
2009 29 62.07%
2010 49 40.82%
2011 50 2%
2012 27 -92.31%
2013 30 13.33%
2014 50 38.78%
2015 46 -6.52%
2016 93 50.54%
2017 91 -2.2%
2018 73 -26.39%
2019 -2 7300%
2020 -35 97.14%
2021 17 318.75%
2022 44 62.79%
2023 114 61.95%
2023 87 -31.4%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Rane Holdings Limited Free Cashflow
Year Free Cashflow Growth
2006 261.377.000
2007 506.736.000 48.42%
2008 -717.731.000 170.6%
2009 77.309.000 1028.39%
2010 -608.869.000 112.7%
2011 -389.400.000 -56.36%
2012 790.200.000 149.28%
2013 185.500.000 -325.98%
2014 431.400.000 57%
2015 -148.700.000 390.11%
2016 415.700.000 135.77%
2017 42.100.000 -887.41%
2018 -105.000.000 140.1%
2019 324.500.000 132.36%
2020 297.600.000 -9.04%
2021 -1.178.400.000 125.25%
2022 280.400.000 520.26%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Rane Holdings Limited Operating Cashflow
Year Operating Cashflow Growth
2006 434.805.000
2007 968.321.000 55.1%
2008 384.047.000 -152.14%
2009 1.062.916.000 63.87%
2010 1.061.045.000 -0.18%
2011 1.002.200.000 -5.87%
2012 2.080.000.000 51.82%
2013 1.286.900.000 -61.63%
2014 1.978.600.000 34.96%
2015 1.736.100.000 -13.97%
2016 2.408.000.000 27.9%
2017 1.219.900.000 -97.39%
2018 1.097.500.000 -11.15%
2019 1.798.100.000 38.96%
2020 1.321.800.000 -36.03%
2021 153.300.000 -762.23%
2022 1.862.400.000 91.77%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Rane Holdings Limited Capital Expenditure
Year Capital Expenditure Growth
2006 173.428.000
2007 461.585.000 62.43%
2008 1.101.778.000 58.11%
2009 985.607.000 -11.79%
2010 1.669.914.000 40.98%
2011 1.391.600.000 -20%
2012 1.289.800.000 -7.89%
2013 1.101.400.000 -17.11%
2014 1.547.200.000 28.81%
2015 1.884.800.000 17.91%
2016 1.992.300.000 5.4%
2017 1.177.800.000 -69.15%
2018 1.202.500.000 2.05%
2019 1.473.600.000 18.4%
2020 1.024.200.000 -43.88%
2021 1.331.700.000 23.09%
2022 1.582.000.000 15.82%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Rane Holdings Limited Equity
Year Equity Growth
2006 1.067.062.000
2007 2.545.781.000 58.09%
2008 2.224.725.000 -14.43%
2009 2.264.862.000 1.77%
2010 2.336.684.000 3.07%
2011 4.275.800.000 45.35%
2012 4.509.800.000 5.19%
2013 4.783.400.000 5.72%
2014 5.440.800.000 12.08%
2015 5.907.600.000 7.9%
2016 7.220.000.000 18.18%
2017 8.039.700.000 10.2%
2018 11.198.800.000 28.21%
2019 10.527.500.000 -6.38%
2020 9.856.200.000 -6.81%
2021 10.055.400.000 1.98%
2022 10.509.500.000 4.32%
2023 10.918.900.000 3.75%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Rane Holdings Limited Assets
Year Assets Growth
2006 4.410.388.000
2007 5.320.818.000 17.11%
2008 7.263.412.000 26.74%
2009 9.591.208.000 24.27%
2010 11.539.633.000 16.88%
2011 13.432.300.000 14.09%
2012 13.711.400.000 2.04%
2013 14.475.500.000 5.28%
2014 16.511.700.000 12.33%
2015 18.962.500.000 12.92%
2016 21.213.600.000 10.61%
2017 21.171.900.000 -0.2%
2018 22.249.400.000 4.84%
2019 21.668.300.000 -2.68%
2020 22.816.200.000 5.03%
2021 24.682.900.000 7.56%
2022 25.915.900.000 4.76%
2023 25.938.500.000 0.09%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Rane Holdings Limited Liabilities
Year Liabilities Growth
2006 2.624.088.000
2007 2.419.594.000 -8.45%
2008 4.310.958.000 43.87%
2009 6.093.824.000 29.26%
2010 7.792.233.000 21.8%
2011 7.529.500.000 -3.49%
2012 7.550.200.000 0.27%
2013 8.104.300.000 6.84%
2014 9.140.500.000 11.34%
2015 11.145.900.000 17.99%
2016 11.631.700.000 4.18%
2017 10.557.100.000 -10.18%
2018 11.050.600.000 4.47%
2019 11.140.800.000 0.81%
2020 12.960.000.000 14.04%
2021 14.627.500.000 11.4%
2022 15.406.400.000 5.06%
2023 15.019.600.000 -2.58%

Rane Holdings Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
3019.15
Net Income per Share
79.7
Price to Earning Ratio
16.02x
Price To Sales Ratio
0.42x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
2.16
EV to Sales
0.6
EV Over EBITDA
5.15
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0.06
FreeCashFlow Yield
0
Market Cap
18,23 Bil.
Enterprise Value
26,02 Bil.
Graham Number
1029.91
Graham NetNet
-492.38

Income Statement Metrics

Net Income per Share
79.7
Income Quality
0
ROE
0.28
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
1.08
EBT Per Ebit
0.31
Ebit per Revenue
0.08
Effective Tax Rate
-0.46

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.42
Operating Profit Margin
0.08
Pretax Profit Margin
0.02
Net Profit Margin
0.03

Dividends

Dividend Yield
0.01
Dividend Yield %
1.33
Payout Ratio
0
Dividend Per Share
17

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.28
Return on Tangible Assets
0.05
Days Sales Outstanding
52.64
Days Payables Outstanding
68.04
Days of Inventory on Hand
61.81
Receivables Turnover
6.93
Payables Turnover
5.36
Inventory Turnover
5.9
Capex per Share
0

Balance Sheet

Cash per Share
84,01
Book Value per Share
591,50
Tangible Book Value per Share
713.33
Shareholders Equity per Share
591.5
Interest Debt per Share
634.05
Debt to Equity
0.99
Debt to Assets
0.32
Net Debt to EBITDA
1.54
Current Ratio
1.11
Tangible Asset Value
10,19 Bil.
Net Current Asset Value
-2,66 Bil.
Invested Capital
0.99
Working Capital
1,24 Bil.
Intangibles to Total Assets
0.03
Average Receivables
3,11 Bil.
Average Payables
2,34 Bil.
Average Inventory
2125150000
Debt to Market Cap
0.46

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Rane Holdings Limited Dividends
Year Dividends Growth
2004 1
2005 3 50%
2006 5 50%
2007 8 42.86%
2008 6 -16.67%
2009 4 -50%
2010 8 50%
2011 13 33.33%
2012 10 -20%
2013 8 -25%
2014 7 -33.33%
2015 8 14.29%
2016 10 30%
2017 9 -25%
2018 15 42.86%
2019 19 26.32%
2020 8 -137.5%
2022 12 33.33%
2023 34 64.71%

Rane Holdings Limited Profile

About Rane Holdings Limited

Rane Holdings Limited, together with its subsidiaries, manufactures and markets automotive components for the transportation industry in India and internationally. It offers steering and suspension systems comprising manual steering gears, steering linkages, suspension components, hydraulic products, power steering fluid- power cruises, intermediate shafts, and universal joint assemblies; hydraulic power rack and pinion steering gear, power steering gear, and power steering pump assemblies; and electric power steering, solid steering, energy absorbing and collapsible, and tilt and telescopic steering columns. The company also provides valve train components, including engine valves, and valve guides and mechanical tappets; friction material products, such as brake linings, disc pads, railways brake blocks, clutch facings, and commercial vehicle and sintered brake pads; and occupant safety systems, including seat belts and air bags. In addition, it offers light metal casting products comprising hydraulic pinion housings, pump housings, EPAS outboard and pinion housings, luminaries, timing case covers, engine oil sumps, gear cases, brake and transmission housings, and battery housings; telematics solutions; and aftermarket products consisting of chassis and engine parts. Further, the company provides and connected mobility solutions, as well as exports its products. It primarily serves passenger and commercial vehicles, farm tractors, two-wheelers, and railways and stationary engines segments. The company was formerly known as Rane (Madras) Limited and changed its name to Rane Holdings Limited in July 2004. Rane Holdings Limited was founded in 1929 and is headquartered in Chennai, India.

CEO
Mr. Ganesh Lakshminarayan ACA
Employee
115
Address
Maithri
Chennai, 600086

Rane Holdings Limited Executives & BODs

Rane Holdings Limited Executives & BODs
# Name Age
1 Mr. Siva Chandrasekaran
Senior Executive Vice President of Secretarial & Legal, Compliance Officer and Secretary
70
2 Mr. V. Ramasubramanian
General Manager of Human Resource
70
3 Dr. P. A. Padmanabhan
Group Chief Financial Officer & President of Finance
70
4 Mr. M. A. P. Sridhar Kumar
Senior Vice President of Finance & Chief Financial Officer
70
5 Mr. Ganesh Lakshminarayan ACA, B.Com., MBA
Chairman & MD
70
6 Mr. Harish Lakshman B.E, M.S.M
Vice Chairman & Joint MD
70
7 Mr. S. Varadharajan
Executive Vice President of Information Systems
70

Rane Holdings Limited Competitors

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