Rane (Madras) Limited Share Price and Company Fundamentals
Last traded: Today at 9:59 AM
Rane (Madras) Limited engages in the manufacture and marketing of auto components for transportation industry in India and internationally. It offers steering and suspension systems, linkage products, steering gears, aluminum high pressure die-casting products, brake components, and engine components. The company markets and sells its products to the manufacturers of passenger cars, utility vehicles, and farm tractors. It also exports its products. The company was founded in 1960 and is headquartered in Chennai, India. Rane (Madras) Limited operates as a subsidiary of Rane Holdings Limited.
Key Metrics
PE ratio
27.16
PB ratio
3.08
Dividend yield
1.04%
Beta
0.18
Market cap
₹20.92B
Enterprise value
₹28.82B
Company profile
| Industry / Sector | Auto Parts / Consumer Cyclical |
|---|---|
| Full time employees | 2556 |
| Website | https://ranegroup.com/rml-steering-and-linkage-business |
| Mailing address | Ganapathi Buildings 154, Velachery Road Chennai 600042 India |
| Phone / Fax | 91 44 4226 7800 / |
Dividends
Dividend yield
1.04%
Dividend amount
₹8.00
Payout ratio
28.70%
5Y Avg. yield
-%
Rane (Madras) Limited paid ₹8.00 dividend and the ex-dividend date was 29 Jul 2025.The dividend payout ratio is 28.70%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.RML dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
Company Executives
As of Apr 2026, following are the company executives and directors listed on Rane (Madras) Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Harish Lakshman B.E, M.S.M | Chairman of the Board & MD | 51 | |
| Mr. B. Gnanasambandam | Executive VP of Finance & CFO | 58 | |
| Ms. Subha Shree Sridharan | Compliance Officer & Secretary | ||
| Mr. D. Satheeshkumar | Marketing Head | 52 | |
| Mr. Selvavinayaga Raja A. | HR Head & VP of HR | ||
| Ms. Gowri Kailasam | Chief Executive Officer of SLD & LMCD | 58 | |
| Mr. T. Giriprasad | President of APD | 61 | |
| Mr. R. Balakrishnan | President of BCD | 60 | |
| Mr. Aditya Ganesh | President of LMCI & Head of Strategy for SLD | ||
| Mr. A. Murugapandian | Senior Vice President of Research & Development | 57 |
Profitability and management effectiveness
Profit margin
2.07%
Operating margin
5.35%
Return on assets
-
Return on equity
-
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 (Madras) Limited is 20.92B and its enterprise value is 28.82B. The enterprise value to revenue ratio of RML is 0.78. The enterprise value to EBITDA ratio of RML is 8.82.
The RML's stocks Beta value is 0.18 making it 82% less 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 (Madras) Limited (NSE:RML) Frequently Asked Questions
1. What is Rane (Madras) Limited's Stock Symbol?
Rane (Madras) Limited trades on NSE under the ticker symbol "RML".
2. What is Rane (Madras) Limited's stock price today?
One share of RML stock can currently be purchased for approximately ₹757.05.
3. How can I contact Rane (Madras) Limited?
Rane (Madras) Limited's mailing address is Ganapathi Buildings 154, Velachery Road Chennai 600042 India. The company can be reached via phone at 91 44 4226 7800.
4. What is Rane (Madras) Limited's official website?
The official website of Rane (Madras) Limited is https://ranegroup.com/rml-steering-and-linkage-business.