Nifty

:

10817.60

Sensex

:

36436.80

-185.90 (-1.69%)
-686.23 (-1.85%)

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Nifty
Sensex

:
:

10817.60
36436.80

-185.90 (-1.69%)
-686.23 (-1.85%)

Rane (Madras) Ltd.

Auto Ancillary

Rating :

34/99

BSE: 532661 | NSE: RML

Watchlist

NSE BSE

288.30

17-Sep-2019

Open
High
Low
Previous Close

303.00
311.50
283.50
299.85

Volume
Traded Value (lacs)
52 Week High
52 Week Low

7911
23.10
607.05
198.60

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

359.20
N/A
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

757.89
2.83%
1.63

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales

Revenue CAGR (%)

10 Years
5 Years
3 Years

12.56
11.96
9.16

EBITDA CAGR (%)

10 Years
5 Years
3 Years

15.63
15.63
5.69

PAT CAGR (%)

10 Years
5 Years
3 Years

13.09
30.59
-17.57

P:E (Median)

8 Years
5 Years
3 Years

15.77
25.66
25.49

P:BV (Average)

8 Years
5 Years
3 Years

2.05
2.56
2.63

EV:EBITDA (Average)

8 Years
5 Years
3 Years

6.25
7.48
7.41

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Jun 19 Jun 18 Var% Mar 19 Mar 18 Var% Dec 18 Dec 17 Var% Sep 18 Sep 17 Var%
Net Sales 295.90 343.87 -13.95% 333.65 347.99 -4.12% 343.51 318.95 7.70% 352.86 296.55 18.99%
Expenses 271.69 312.14 -12.96% 299.20 306.34 -2.33% 305.82 281.21 8.75% 315.58 264.82 19.17%
EBITDA 24.21 31.74 -23.72% 34.45 41.66 -17.31% 37.69 37.74 -0.13% 37.28 31.74 17.45%
EBIDTM 8.18% 9.23% 10.33% 11.97% 10.97% 11.83% 10.57% 10.70%
Other Income 1.31 7.29 -82.03% 2.17 3.17 -31.55% -2.09 0.76 - 3.20 0.79 305.06%
Interest 7.81 6.45 21.09% 7.43 7.08 4.94% 7.36 6.33 16.27% 7.11 7.67 -7.30%
Depreciation 12.80 12.27 4.32% 13.86 13.28 4.37% 13.62 12.41 9.75% 13.26 12.15 9.14%
PBT 4.90 20.31 -75.87% 15.33 24.46 -37.33% 14.62 19.76 -26.01% 20.11 12.71 58.22%
Tax 1.66 6.87 -75.84% 6.35 7.99 -20.53% 3.58 5.54 -35.38% 6.32 4.31 46.64%
PAT 3.24 13.44 -75.89% 8.98 16.47 -45.48% 11.04 14.22 -22.36% 13.79 8.40 64.17%
PATM 1.10% 3.91% 2.69% 4.73% 3.21% 4.46% 3.91% 2.83%
EPS 2.71 11.58 -76.60% 7.50 14.19 -47.15% 9.22 12.25 -24.73% 11.88 7.23 64.32%

Description Jun 19 Jun 18 Var% Mar 19 Mar 18 Var% Dec 18 Dec 17 Var% Sep 18 Sep 17 Var%
Net Sales 344.86 394.22 -12.52% 376.92 0.00 0.00 387.21 0.00 0.00 399.90 0.00 0.00
Expenses 329.66 366.37 -10.02% 354.65 0.00 0.00 358.31 0.00 0.00 363.02 0.00 0.00
EBITDA 15.19 27.85 -45.46% 22.28 0.00 0.00 28.90 0.00 0.00 36.88 0.00 0.00
EBIDTM 4.41% 7.07% 5.91% 0.00% 7.46% 0.00% 9.22% 0.00%
Other Income 1.32 6.15 -78.54% 2.47 0.00 0.00 -0.03 0.00 - 1.36 0.00 0.00
Interest 9.28 7.74 19.90% 8.98 0.00 0.00 8.96 0.00 0.00 8.61 0.00 0.00
Depreciation 15.84 15.31 3.46% 17.11 0.00 0.00 17.01 0.00 0.00 16.50 0.00 0.00
PBT -8.61 10.95 - -1.35 0.00 - 2.89 0.00 0.00 13.13 0.00 0.00
Tax 1.66 6.87 -75.84% 6.45 0.00 0.00 3.58 0.00 0.00 6.32 0.00 0.00
PAT -10.27 4.08 - -7.79 0.00 - -0.69 0.00 - 6.82 0.00 0.00
PATM -2.98% 1.03% -2.07% 0.00% -0.18% 0.00% 1.70% 0.00%
EPS -8.58 3.51 - -6.51 0.00 - -0.57 0.00 - 5.87 0.00 0.00

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10
Net Sales 1,325.92 1,370.25 1,211.89 989.27 860.91 778.88 726.60 639.87 670.75 583.98 419.66 Net Sales Growth 1.42% 13.07% 22.50% 14.91% 10.53% 7.20% 13.55% -4.60% 14.86% 39.16% Cost Of Goods Sold 836.09 800.92 678.50 543.45 473.29 429.63 401.76 376.43 410.78 354.05 249.88 Gross Profit 489.83 569.33 533.39 445.82 387.62 349.25 324.84 263.44 259.97 229.93 169.77 GP Margin 36.94% 41.55% 44.01% 45.07% 45.02% 44.84% 44.71% 41.17% 38.76% 39.37% 40.45% Total Expenditure 1,192.29 1,228.47 1,078.04 893.24 782.79 710.30 658.35 583.52 610.13 535.07 386.48 Power & Fuel Cost - 31.58 0.00 0.00 21.12 19.91 18.20 13.35 11.92 10.29 7.58 % Of Sales - 2.30% 0% 0% 2.45% 2.56% 2.50% 2.09% 1.78% 1.76% 1.81% Employee Cost - 148.51 135.10 114.62 98.25 87.31 80.42 69.42 63.14 54.52 41.89 % Of Sales - 10.84% 11.15% 11.59% 11.41% 11.21% 11.07% 10.85% 9.41% 9.34% 9.98% Manufacturing Exp. - 170.32 191.11 157.63 101.77 93.46 91.47 72.46 75.21 71.57 47.46 % Of Sales - 12.43% 15.77% 15.93% 11.82% 12.00% 12.59% 11.32% 11.21% 12.26% 11.31% General & Admin Exp. - 42.07 31.45 28.78 34.03 31.20 25.47 20.80 18.50 15.45 10.71 % Of Sales - 3.07% 2.60% 2.91% 3.95% 4.01% 3.51% 3.25% 2.76% 2.65% 2.55% Selling & Distn. Exp. - 27.96 30.86 36.15 44.95 40.07 29.90 23.80 25.43 23.97 24.04 % Of Sales - 2.04% 2.55% 3.65% 5.22% 5.14% 4.12% 3.72% 3.79% 4.10% 5.73% Miscellaneous Exp. - 7.11 11.02 12.61 9.38 8.72 11.13 7.26 5.15 5.22 24.04 % Of Sales - 0.52% 0.91% 1.27% 1.09% 1.12% 1.53% 1.13% 0.77% 0.89% 1.17% EBITDA 133.63 141.78 133.85 96.03 78.12 68.58 68.25 56.35 60.62 48.91 33.18 EBITDA Margin 10.08% 10.35% 11.04% 9.71% 9.07% 8.80% 9.39% 8.81% 9.04% 8.38% 7.91% Other Income 4.59 10.57 5.64 3.35 1.58 1.09 0.91 1.49 2.36 1.48 1.02 Interest 29.71 28.96 29.42 27.80 18.96 16.18 14.92 10.97 11.78 5.73 4.79 Depreciation 53.54 53.03 49.89 45.29 39.38 33.41 25.13 16.81 13.84 9.34 9.37 PBT 54.96 70.36 60.18 26.29 21.36 20.08 29.11 30.06 37.36 35.32 20.04 Tax 17.91 23.12 18.37 5.63 4.57 4.40 2.90 6.64 9.77 6.26 6.23 Tax Rate 32.59% 32.86% 30.53% 21.41% 24.49% 26.13% 14.74% 22.09% 26.28% 20.30% 31.09% PAT 37.05 47.24 41.81 20.66 14.09 12.44 16.78 23.42 27.40 24.57 13.81 PAT before Minority Interest 37.05 47.24 41.81 20.66 14.09 12.44 16.78 23.42 27.40 24.57 13.81 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 2.79% 3.45% 3.45% 2.09% 1.64% 1.60% 2.31% 3.66% 4.08% 4.21% 3.29% PAT Growth -29.47% 12.99% 102.37% 46.63% 13.26% -25.86% -28.35% -14.53% 11.52% 77.91% Unadjusted EPS 31.31 40.38 37.61 19.66 12.77 11.20 15.35 23.04 26.95 24.18 13.59

Description TTM Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 1,508.89 1,554.62 1,397.76 1,195.04 889.92 Net Sales Growth 282.75% 11.22% 16.96% 34.29% Cost Of Goods Sold 902.47 864.03 736.07 609.65 482.62 Gross Profit 606.42 690.59 661.69 585.39 407.30 GP Margin 40.19% 44.42% 47.34% 48.98% 45.77% Total Expenditure 1,405.64 1,437.98 1,271.75 1,106.61 811.48 Power & Fuel Cost - 45.61 0.00 0.00 22.37 % Of Sales - 2.93% 0% 0% 2.51% Employee Cost - 230.23 218.44 202.88 108.27 % Of Sales - 14.81% 15.63% 16.98% 12.17% Manufacturing Exp. - 201.74 230.22 195.10 106.92 % Of Sales - 12.98% 16.47% 16.33% 12.01% General & Admin Exp. - 51.49 39.67 39.51 35.74 % Of Sales - 3.31% 2.84% 3.31% 4.02% Selling & Distn. Exp. - 32.78 35.40 42.57 45.03 % Of Sales - 2.11% 2.53% 3.56% 5.06% Miscellaneous Exp. - 12.10 11.95 16.90 10.53 % Of Sales - 0.78% 0.85% 1.41% 1.18% EBITDA 103.25 116.64 126.01 88.43 78.44 EBITDA Margin 6.84% 7.50% 9.02% 7.40% 8.81% Other Income 5.12 9.94 8.87 11.48 1.65 Interest 35.83 35.00 33.35 30.19 19.21 Depreciation 66.46 65.95 61.43 57.16 40.91 PBT 6.06 25.63 40.10 12.56 19.97 Tax 18.01 23.21 15.88 8.24 4.60 Tax Rate 297.19% 90.56% 39.60% 65.61% 26.64% PAT -11.93 2.42 24.22 4.32 12.67 PAT before Minority Interest -11.93 2.42 24.22 4.32 12.67 Minority Interest 0.00 0.00 0.00 0.00 0.00 PAT Margin -0.79% 0.16% 1.73% 0.36% 1.42% PAT Growth -392.40% -90.01% 460.65% -65.90% Unadjusted EPS -9.79 2.07 21.78 4.11 11.42

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10
Shareholder's Funds 311.27 266.43 170.95 160.62 153.73 148.45 130.07 115.06 98.58 82.45 Share Capital 11.97 11.61 10.51 18.74 18.74 18.74 10.16 10.16 10.16 10.16 Total Reserves 299.30 249.82 160.44 141.88 134.99 129.71 119.91 104.90 88.42 72.29 Non-Current Liabilities 154.77 148.70 142.42 184.44 103.53 86.97 81.24 89.47 47.61 43.16 Secured Loans 97.29 118.65 120.68 123.96 49.20 37.44 24.47 36.10 28.84 24.89 Unsecured Loans 15.00 0.00 8.23 0.11 1.76 6.50 5.08 3.83 10.66 13.81 Long Term Provisions 31.44 23.79 10.39 52.22 47.41 42.11 44.69 43.54 3.89 0.00 Current Liabilities 429.58 445.69 379.53 312.66 317.33 259.58 190.23 177.53 165.03 101.83 Trade Payables 190.84 233.05 172.58 136.69 132.72 109.59 99.70 84.21 70.88 62.60 Other Current Liabilities 59.29 68.00 58.78 62.04 66.84 48.31 22.31 27.27 23.87 6.09 Short Term Borrowings 171.14 138.72 141.43 110.94 109.10 91.68 59.90 57.11 30.25 0.00 Short Term Provisions 8.31 5.92 6.74 2.99 8.67 10.00 8.32 8.94 40.03 33.13 Total Liabilities 895.62 860.82 692.90 657.72 574.59 495.00 401.54 382.06 311.22 227.44 Net Block 341.86 342.87 319.79 306.10 241.63 218.58 159.05 140.23 98.11 66.42 Gross Block 490.08 438.06 365.08 526.42 425.96 371.85 291.23 259.28 203.04 164.45 Accumulated Depreciation 148.22 95.19 45.29 220.32 184.33 153.27 132.18 119.05 104.93 98.03 Non Current Assets 475.91 424.40 391.88 388.23 341.15 281.39 219.54 204.80 124.41 72.91 Capital Work in Progress 12.13 14.02 27.09 7.37 29.47 4.29 5.79 12.24 9.90 6.49 Non Current Investment 0.75 0.15 0.15 0.15 0.00 0.00 0.00 0.00 0.00 0.01 Long Term Loans & Adv. 106.15 53.46 41.30 74.61 70.05 58.52 54.47 51.48 15.23 0.00 Other Non Current Assets 15.02 13.90 3.55 0.00 0.00 0.00 0.23 0.85 1.17 0.00 Current Assets 419.71 436.42 301.02 269.49 233.44 213.61 182.00 177.26 186.81 154.53 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 154.71 135.77 110.31 93.35 86.31 79.88 65.38 53.94 52.47 45.03 Sundry Debtors 218.88 213.44 150.67 121.80 114.67 108.19 92.02 110.42 81.27 61.74 Cash & Bank 10.72 5.76 3.30 2.78 3.16 3.20 10.35 1.58 5.84 6.24 Other Current Assets 35.40 16.52 13.01 17.64 29.30 22.34 14.25 11.32 47.23 41.51 Short Term Loans & Adv. 13.73 64.93 23.73 33.92 18.72 14.16 6.72 7.57 41.17 40.73 Net Current Assets -9.87 -9.27 -78.51 -43.17 -83.89 -45.97 -8.23 -0.27 21.78 52.70 Total Assets 895.62 860.82 692.90 657.72 574.59 495.00 401.54 382.06 311.22 227.44

Description Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 230.21 229.74 157.20 159.17 Share Capital 11.97 11.61 10.51 18.74 Total Reserves 218.24 213.13 146.69 140.43 Non-Current Liabilities 183.66 179.79 175.07 199.93 Secured Loans 126.32 149.31 149.19 134.87 Unsecured Loans 15.00 0.00 8.23 4.67 Long Term Provisions 31.53 23.61 10.59 52.24 Current Liabilities 540.66 541.21 459.15 387.17 Trade Payables 215.97 255.36 196.77 158.24 Other Current Liabilities 93.35 72.98 56.47 81.82 Short Term Borrowings 223.03 186.95 180.30 144.12 Short Term Provisions 8.31 25.92 25.61 2.99 Total Liabilities 954.53 950.74 791.42 746.27 Net Block 386.01 386.50 365.00 360.90 Gross Block 571.83 504.79 421.61 586.58 Accumulated Depreciation 185.82 118.29 56.61 225.68 Non Current Assets 483.34 463.89 434.10 442.89 Capital Work in Progress 15.62 16.23 27.55 7.39 Non Current Investment 0.60 0.00 0.00 0.00 Long Term Loans & Adv. 68.50 47.15 36.11 74.60 Other Non Current Assets 12.61 14.01 5.44 0.00 Current Assets 471.19 486.85 357.32 303.38 Current Investments 0.00 0.00 0.00 0.00 Inventories 171.79 152.54 126.37 100.96 Sundry Debtors 243.71 245.53 188.09 161.79 Cash & Bank 18.00 7.04 5.97 2.82 Other Current Assets 37.69 16.82 13.14 17.15 Short Term Loans & Adv. 14.96 64.92 23.75 20.66 Net Current Assets -69.47 -54.36 -101.83 -83.79 Total Assets 954.53 950.74 791.42 746.27

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10
Cash From Operating Activity 70.55 73.28 89.50 36.89 67.09 45.15 70.37 28.07 34.18 40.30 PBT 70.36 60.18 26.29 18.66 16.84 19.68 30.06 37.17 30.83 20.04 Adjustment 79.86 76.70 72.33 60.36 51.53 41.70 26.90 25.21 14.06 12.02 Changes in Working Capital -58.80 -50.59 -4.86 -36.36 3.12 -12.12 18.43 -25.13 -0.69 14.89 Cash after chg. in Working capital 91.42 86.29 93.76 42.66 71.49 49.26 75.39 37.25 44.20 46.95 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -20.87 -13.01 -4.26 -5.77 -4.40 -4.11 -5.02 -9.18 -10.02 -6.65 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -86.50 -69.67 -60.40 -74.62 -85.12 -46.02 -30.88 -43.33 -57.64 -11.16 Net Fixed Assets -50.13 -59.91 141.62 -78.36 -79.29 -79.12 -25.50 -58.58 -42.00 -10.18 Net Investments -0.60 0.00 0.00 -0.15 0.00 0.00 0.00 0.00 0.01 0.00 Others -35.77 -9.76 -202.02 3.89 -5.83 33.10 -5.38 15.25 -15.65 -0.98 Cash from Financing Activity 20.79 -0.73 -27.81 37.66 17.87 -6.27 -31.45 10.87 26.39 -27.15 Net Cash Inflow / Outflow 4.84 2.88 1.29 -0.07 -0.16 -7.14 8.04 -4.39 2.93 1.99 Opening Cash & Equivalents 5.82 2.94 1.65 1.72 1.88 9.02 0.98 5.37 2.60 0.61 Closing Cash & Equivalent 10.66 5.82 2.94 1.65 1.72 1.88 9.02 0.98 5.53 2.60

Description Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 44.68 65.19 87.58 31.35 PBT 25.63 40.10 12.56 17.27 Adjustment 97.09 87.03 91.88 64.33 Changes in Working Capital -57.28 -48.86 -12.51 -44.48 Cash after chg. in Working capital 65.44 78.27 91.93 37.12 Interest Paid 0.00 0.00 0.00 0.00 Tax Paid -20.76 -13.08 -4.35 -5.77 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 Cash From Investing Activity -59.82 -77.87 -76.94 -74.37 Net Fixed Assets -50.13 -59.91 141.62 Net Investments -0.60 0.00 0.00 Others -9.09 -17.96 -218.56 Cash from Financing Activity 25.98 14.17 -6.72 42.99 Net Cash Inflow / Outflow 10.84 1.49 3.92 -0.03 Opening Cash & Equivalents 7.10 5.61 1.69 1.72 Closing Cash & Equivalent 17.94 7.10 5.61 1.69

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10
Book Value (Rs.) 260.04 225.18 162.65 145.00 138.44 133.42 128.02 113.25 97.03 81.12 ROA 5.48% 5.38% 3.06% 2.29% 2.33% 3.74% 5.98% 7.90% 9.12% 6.32% ROE 16.50% 19.34% 12.78% 9.46% 8.71% 12.42% 19.11% 25.65% 27.14% 17.99% ROCE 17.00% 17.86% 11.95% 9.39% 9.74% 12.61% 17.73% 24.11% 24.58% 19.72% Fixed Asset Turnover 2.95 3.14 2.64 1.98 2.14 2.39 2.55 3.16 3.44 2.77 Receivable days 57.58 52.66 42.22 45.67 47.70 46.05 52.54 47.91 41.31 44.31 Inventory Days 38.69 35.59 31.55 34.69 35.57 33.41 30.97 26.59 28.16 38.90 Payable days 50.67 55.59 53.32 53.23 51.90 47.10 45.44 36.43 37.65 44.61 Cash Conversion Cycle 45.60 32.66 20.45 27.13 31.37 32.36 38.07 38.07 31.82 38.59 Total Debt/Equity 1.03 1.04 1.72 1.74 1.36 1.13 0.79 1.00 0.79 0.47 Interest Cover 3.43 3.05 1.95 1.98 2.04 2.32 3.74 4.16 6.38 5.18

Description Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 192.32 193.57 149.57 143.62 ROA 0.26% 2.78% 0.56% 2.82% ROE 1.06% 12.68% 2.80% 13.79% ROCE 9.83% 13.28% 8.48% 12.19% Fixed Asset Turnover 2.89 3.13 2.74 2.79 Receivable days 57.43 54.66 46.15 36.94 Inventory Days 38.07 35.16 29.98 24.10 Payable days 49.31 53.70 50.69 38.21 Cash Conversion Cycle 46.20 36.12 25.44 22.83 Total Debt/Equity 1.81 1.59 2.30 2.07 Interest Cover 1.73 2.20 1.42 1.90

Top Investors:

kumari investment corporation private limited

aadi financial advisors llp

Annual Reports:

News Update:

Rane Madras to invest $30 million in Rane Precision Die Casting
25th Jul 2019, 09:49 AM

The Board of Directors of the Company at its meeting held on July 24, 2019 has approved the same
Read More
Rane Madras - Quarterly Results
24th Jul 2019, 15:59 PM

Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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