Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Rane (Madras) Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 622 | 588 | 611 | 521 | 853 | 818 | 849 | 837 | 901 | 881 | 919 | 1,015 | 1,048 |
| Expenses + | 566 | 546 | 579 | 474 | 784 | 753 | 777 | 771 | 823 | 806 | 841 | 924 | 952 |
| Operating Profit | 55 | 42 | 32 | 47 | 69 | 65 | 72 | 66 | 79 | 75 | 79 | 91 | 96 |
| OPM % | 9% | 7% | 5% | 9% | 8% | 8% | 9% | 8% | 9% | 8% | 9% | 9% | 9% |
| Other Income + | -1 | -17 | -85 | 1 | -4 | 6 | 2 | 2 | -8 | 3 | 2 | 3 | 4 |
| Interest | 13 | 14 | 13 | 15 | 16 | 17 | 18 | 20 | 18 | 17 | 15 | 15 | 12 |
| Depreciation | 28 | 24 | 24 | 21 | 33 | 32 | 32 | 33 | 36 | 36 | 37 | 36 | 38 |
| Profit before tax | 14 | -13 | -90 | 13 | 16 | 21 | 24 | 15 | 17 | 25 | 30 | 43 | 49 |
| Tax % | 31% | 7% | -120% | 29% | 31% | 32% | 34% | 97% | 62% | 25% | 28% | 29% | 24% |
| Net Profit + | 10 | -14 | 18 | 9 | 11 | 15 | 16 | 0 | 7 | 19 | 21 | 31 | 37 |
| EPS in Rs | 5.87 | -8.90 | 10.93 | 5.59 | 6.62 | 8.99 | 9.91 | 0.24 | 4.01 | 6.70 | 7.77 | 11.04 | 13.37 |
Financials of Rane (Madras) Ltd
Annual income statement trend
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 876 | 1,195 | 1,400 | 1,555 | 1,277 | 1,267 | 1,742 | 2,354 | 3,463 | 3,406 | 3,863 |
| Expenses + | 797 | 1,106 | 1,273 | 1,438 | 1,230 | 1,236 | 1,667 | 2,171 | 3,193 | 3,122 | 3,523 |
| Operating Profit | 79 | 89 | 127 | 117 | 47 | 31 | 75 | 184 | 270 | 284 | 340 |
| OPM % | 9% | 7% | 9% | 8% | 4% | 2% | 4% | 8% | 8% | 8% | 9% |
| Other Income + | -2 | 11 | 9 | 10 | 12 | 7 | 52 | 6 | -102 | 2 | 12 |
| Interest | 19 | 30 | 34 | 35 | 38 | 28 | 21 | 35 | 68 | 76 | 59 |
| Depreciation | 41 | 57 | 61 | 66 | 66 | 66 | 81 | 97 | 132 | 132 | 147 |
| Profit before tax | 17 | 13 | 40 | 26 | -45 | -55 | 26 | 58 | -32 | 78 | 146 |
| Tax % | 27% | 66% | 40% | 91% | 2% | 10% | 58% | 49% | -269% | 52% | 26% |
| Net Profit + | 13 | 4 | 24 | 2 | -46 | -61 | 11 | 30 | 55 | 38 | 107 |
| EPS in Rs | 12.05 | 4.11 | 20.87 | 2.02 | -36.26 | -41.98 | 6.55 | 18.46 | 33.67 | 23.15 | 38.89 |
| Dividend Payout % | 37% | 146% | 58% | 420% | 0% | 0% | 0% | 0% | 0% | 35% | 41% |
Financials of Rane (Madras) Ltd
Capital structure and asset base
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 12 | 12 | 13 | 15 | 16 | 16 | 16 | 16 | 28 |
| Reserves | 140 | 147 | 218 | 218 | 171 | 167 | 212 | 225 | 642 | 655 | 723 |
| Borrowings + | 338 | 362 | 357 | 417 | 470 | 470 | 585 | 668 | 851 | 813 | 752 |
| Other Liabilities + | 212 | 267 | 315 | 290 | 268 | 380 | 417 | 439 | 613 | 785 | 1,018 |
| Total Liabilities | 701 | 787 | 902 | 937 | 922 | 1,032 | 1,230 | 1,349 | 2,122 | 2,269 | 2,521 |
| Fixed Assets + | 361 | 365 | 386 | 386 | 382 | 415 | 477 | 490 | 667 | 693 | 739 |
| CWIP | 7 | 28 | 16 | 16 | 50 | 31 | 18 | 29 | 45 | 73 | 95 |
| Investments | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 11 | 7 | 8 |
| Other Assets + | 333 | 394 | 499 | 535 | 489 | 586 | 733 | 829 | 1,398 | 1,496 | 1,679 |
| Total Assets | 701 | 787 | 902 | 937 | 922 | 1,032 | 1,230 | 1,349 | 2,122 | 2,269 | 2,521 |
Financials of Rane (Madras) Ltd
Operating, investing and financing cash movement
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 31 | 88 | 65 | 45 | 69 | 46 | -6 | 88 | 191 | 316 | 219 |
| Cash from Investing Activity + | -74 | -77 | -78 | -60 | -103 | -80 | -124 | -106 | -148 | -147 | 11 |
| Cash from Financing Activity + | 43 | -7 | 14 | 26 | 34 | 21 | 134 | 35 | -55 | -176 | -207 |
| Net Cash Flow | -0 | 4 | 1 | 11 | 0 | -13 | 5 | 17 | -12 | -7 | 23 |
| Free Cash Flow | -44 | 10 | -13 | -15 | -34 | -34 | -106 | -20 | -2 | 159 | 229 |
| CFO/OP | 47% | 103% | 62% | 56% | 164% | 176% | 12% | 67% | 85% | 111% | 78% |
Financials of Rane (Madras) Ltd
Working capital efficiency and return ratios
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 67 | 57 | 64 | 58 | 55 | 78 | 74 | 65 | 63 | 76 | 75 |
| Inventory Days | 75 | 76 | 73 | 71 | 80 | 81 | 76 | 67 | 82 | 87 | 80 |
| Days Payable | 117 | 118 | 123 | 89 | 97 | 150 | 115 | 91 | 83 | 100 | 88 |
| Cash Conversion Cycle | 25 | 15 | 14 | 39 | 38 | 9 | 35 | 41 | 62 | 63 | 67 |
| Working Capital Days | -36 | -33 | -16 | -16 | -36 | -42 | -20 | -14 | 3 | -6 | -17 |
| ROCE % | 9% | 13% | 10% | -1% | -4% | -0% | 12% | 12% | 11% | 14% |