Rane Brake Lining Limited Share Price and Company Fundamentals
Last traded: Yesterday at 9:59 AM
Rane Brake Lining Limited manufactures and markets auto components to original equipment manufacturers and aftermarket customers in India and internationally. It offers friction material products, such as brake linings, disc pads, clutch facings, clutch buttons, brake shoes, and railway brake blocks for passenger cars, utility vehicles, commercial vehicles, two wheelers, and railways. The company was formerly known as Rane Brake Products Limited and changed its name to Rane Brake Lining Limited in February 2008. The company was founded in 1929 and is headquartered in Chennai, India.
Key Metrics
PE ratio
20.57
PB ratio
2.29
Dividend yield
2.81%
Beta
1.33
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Auto Parts / Consumer Cyclical |
|---|---|
| Full time employees | 1799 |
| Website | https://ranegroup.com/rbl/ |
| Mailing address | Maithri No.132, Cathedral Road Chennai 600086 India |
| Phone / Fax | 91 44 2811 2472 / 91 44 2811 2449 |
Dividends
Dividend yield
2.81%
Dividend amount
₹20.00
Payout ratio
71.37%
5Y Avg. yield
2.47%
Rane Brake Lining Limited paid ₹20.00 dividend and the ex-dividend date was 20 June 2022.The dividend payout ratio is 71.37%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.RBL dividend payout ratio is between 70-90%. The lower dividend payout ratio is preferrable since it provides company margin to grow the dividends in future.
RBL's forward dividend amount is ₹20 and the forward dividend yield is 2.81%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2022, following are the company executives and directors listed on Rane Brake Lining Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. R. Balakrishnan | Pres & Mang. | 56 | 10.3M |
| Mr. J. Ananth | Chief Financial Officer | 47 | |
| Mr. Venkatraman Subramanian | Company Sec. & Compliance Officer | ||
| Mr. D. Bheemsingh Melchisedec | Sr. VP of Operations & Stratergy | 54 | |
| Mr. Siva Chandrasekaran | Exec. VP of Secretarial and Legal | 57 | |
| Mr. S. R. Venkat Raj | Gen. Mang. of Marketing | 52 | |
| Mr. R. Govardhanan | Associate VP of Human Resource | 52 | |
| Mr. R. Gurunathan | Sr. VP of R&D | 65 | |
| Mr. S. Nagarajan | VP of Corp. Manufacturing Devel. | 53 |
Profitability and management effectiveness
Profit margin
5.35%
Operating margin
4.56%
Return on assets
3.68%
Return on equity
11.27%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Rane Brake Lining Limited is and its enterprise value is .
The RBL's stocks Beta value is 1.33 making it 33% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Rane Brake Lining Limited (NSE:RBL) Frequently Asked Questions
1. What is Rane Brake Lining Limited's Stock Symbol?
Rane Brake Lining Limited trades on NSE under the ticker symbol "RBL".
2. What is Rane Brake Lining Limited's stock price today?
One share of RBL stock can currently be purchased for approximately ₹734.5.
3. How can I contact Rane Brake Lining Limited?
Rane Brake Lining Limited's mailing address is Maithri No.132, Cathedral Road Chennai 600086 India. The company can be reached via phone at 91 44 2811 2472.
4. What is Rane Brake Lining Limited's official website?
The official website of Rane Brake Lining Limited is https://ranegroup.com/rbl/.