Arthneeti

Rane Holdings Q1 FY27 Share Price & Earnings Call Analysis

₹1,437.90-0.69% today
Market cap
₹2,054 Cr
P/E
26.07
ROE
7.00%
PEG
6.00
Price to sales
0.34
Debt to equity
0.88
52W high / low
₹1,873 / ₹992
Sales growth (5Y)
23.64%
EBITDA margin
6.08%
Net profit margin
1.88%
Promoter holding
46.64%
Sales (last year)
₹6,129 Cr

Rane Holdings Limited (RHL), founded in 1929 is headquartered in Chennai, India. It is the holding company of Rane Group and holds its trademark.[1] [2]

Guidance scorecard · Q1 FY27 call

What Rane Holdings Ltd's management guided
and where it ranks in Finance

#42of 59 in
Finance
Revenue10–20%MarginsUp 2%+CapexPlannedFundraisingPlannedOrder bookRising

RevenueQ4 FY26 call

10–20%
  • Steering business drives strongest growth; order book remains robust with strong growth expected in steering, brakes, and engine components.
  • Rane (Madras) sales projected to grow in line with or slightly better than PV market, supported by export growth.
  • Exports for Rane (Madras) are growing strongly, driven by new and existing customers, with continued optimism for growth in future years.
  • Rane Steering expects very good top-line growth linked to Maruti’s growth and new customer wins; margins to improve to mid- to high single digits in a couple of years.

2 more points from Rane Holdings Ltd's call on revenue

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Full Q4 FY26 analysis

MarginsQ4 FY26 call

Up 2%+

See what Rane Holdings Ltd said on margins — free account, 30 seconds.

Full Q4 FY26 analysis

CapexQ4 FY26 call

Planned
  • Rane (Madras) capex planned at INR 240-250 crores for FY27, primarily business-related; about 15-20% for maintenance/refurbishment, ~50% for new capex including quality and R&D.
  • New corporate office capex approval pending, expected to start ~12 months later than FY27, adding to capex in FY28 and beyond.
  • Rane Steering projected capex around INR 50 crores.
  • ZF JV capex not finalized; discussions ongoing.
  • Satellite plant investments in Mexico continue cautiously, influenced by US-Mexico trade agreement outcomes.
  • No significant increase in group-wide capital investments expected beyond current plans.

2 more points from Rane Holdings Ltd's call on capex

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Full Q4 FY26 analysis

FundraisingQ4 FY26 call

Planned

See what Rane Holdings Ltd said on fundraising — free account, 30 seconds.

Full Q4 FY26 analysis

Order bookQ4 FY26 call

Rising
  • Steering business continues to have the strongest order book, followed by brakes and engine components.
  • Order book for steering is robust and is expected to show good growth in the coming year.
  • Light Metal Casting (LMC) division is still facing challenges in order booking, but the order book is looking slightly better for FY26-FY27 due to a strong domestic market.
  • Export orders for Rane (Madras) have been growing well, driven by both new business with existing customers and new customers/geographies.
  • The overall order booking in the last 2 years has been very good, contributing to the current production uptick.

2 more points from Rane Holdings Ltd's call on the order book

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Full Q4 FY26 analysis
Full Finance ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Finance
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Rane Holdings Ltd rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Finance companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹2,742 Cr71.8
240%+Up 2%+₹464 Cr23.9
340%+Up 0–2%₹961 Cr32.7
440%+Flat₹23,820 Cr21.1
540%+Flat₹16,498 Cr72.4
640%+Flat₹15,549 Cr—

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Pro shows every company guiding 40%+ revenue growth →Full Finance ranking

Financials of Rane Holdings Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Rane Holdings Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +9388949288378708319161,2411,3741,3411,3991,5351,609
Expenses +8778178587477877588351,1621,2781,2391,3021,4921,483
Operating Profit6178709083738178951029742126
OPM %6%9%8%11%10%9%9%6%7%8%7%3%8%
Other Income +-0-6-6419141022213103321437
Interest17191718171720242421191915
Depreciation40353532353335475250525255
Profit before tax318-4659453324819296347-2592
Tax %331%31%-212%18%15%40%25%78%60%9%33%55%5%
Net Profit +-812514838201854125731-4088
EPS in Rs-13.208.9428.4627.2921.999.19124.442.276.5835.5716.45-35.4151.94

Financials of Rane Holdings Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +2,2112,4072,2582,3452,5532,1592,0382,6953,5113,5414,3825,883
Expenses +1,9882,1742,0232,1012,3182,0131,9512,5193,1903,2084,0335,465
Operating Profit22323323524423614688176321332349418
OPM %10%10%10%10%9%7%4%7%9%9%8%7%
Other Income +62361761551362341619-4823444
Interest474544465051403450718675
Depreciation106114106118126128120129142137168210
Profit before tax133109261235195-10-317413876329177
Tax %28%29%30%37%41%5%93%52%37%-98%33%23%
Net Profit +9779182149116-10-603587150221137
EPS in Rs49.6945.9093.4191.2572.65-1.91-35.4216.9143.6186.69145.1368.55
Dividend Payout %15%22%9%16%26%-420%0%71%39%29%26%69%

Financials of Rane Holdings Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital141414141414141414141414
Reserves5305766997908518087507627948921,0921,140
Borrowings +4705964595015776336727888668531,0601,021
Other Liabilities +6367036707737787088348969148851,3771,668
Total Liabilities1,6491,8891,8422,0782,2212,1632,2712,4602,5882,6453,5423,843
Fixed Assets +8099807808057988068018438667991,1401,216
CWIP55213228335234283845131139
Investments3228307347387369379353345373369296
Other Assets +7538607228971,0039371,0561,2361,3391,4281,9022,193
Total Assets1,6491,8891,8422,0782,2212,1632,2712,4602,5882,6453,5423,843

Financials of Rane Holdings Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +19817416013211018013215186233513280
Cash from Investing Activity +-120-157-26-66-87-124-96-114-152-105-196-0
Cash from Financing Activity +-80-20-129-50-16-33-3665-14-138-324-256
Net Cash Flow-2-35167240-3420-9-723
Free Cash Flow89141188-93354-117296632163
CFO/OP104%92%86%72%68%140%182%32%77%85%150%80%

Financials of Rane Holdings Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days596558716961877867627766
Inventory Days70717676821049910085827660
Days Payable88101115122103116162125948210577
Cash Conversion Cycle403518254749235357624849
Working Capital Days-13-10-9-2-2494860575743-20
ROCE %12%11%17%18%16%3%-1%4%11%13%10%10%

Guidance history

How Rane Holdings Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q4 FY26 call →10–20%Up 2%+PlannedPlannedRising
Q3 FY26 call →20–40%Up 0–2%Planned—Rising
Q2 FY26 call →10–20%Up 0–2%Planned—Rising
Q1 FY26 call →10–20%Up 0–2%Planned—Rising

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

30out of 100

Momentum score · price trend

30 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−6.7%54%
Last 6 months+27.8%80%
Last 3 months−17.8%26%

The price is 47.5% below its all-time high of ₹2,738.1 (20 Apr 2018). Stocks more than 20% below their peak have their score halved, so 59 became 30.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Rane Holdings Ltd: 0.4 × 54 + 0.4 × 80 + 0.2 × 26 = 59, halved to 30 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Rane Holdings Ltd's management said in earlier quarters

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