Rane (Madras) Limited Share Price and Company Fundamentals



Price
₹338.85
Change
5.250 (1.574%)
52 week
258.55 - 486.0

Last traded: Yesterday at 9:59 AM

Rane (Madras) Limited manufactures and sells auto components in India and internationally. It offers steering gears; steering and suspension linkage products; and high precision aluminum die castings. 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 is a subsidiary of Rane Holdings Limited.

Key Metrics

PE ratio

45.93

PB ratio

2.28

Dividend yield

0.00%

Beta

1.26

Market cap

-

Enterprise value

-

Company profile

Industry / SectorAuto Parts / Consumer Cyclical
Full time employees1183
Websitehttps://ranegroup.com/rml/
Mailing addressGanapathi Buildings 154, Velachery Road Chennai 600042 India
Phone / Fax91 44 4226 7800 /

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

0.00%

Rane (Madras) Limited paid ₹0.00 dividend and the ex-dividend date was 16 July 2019.The dividend payout ratio is 0.00%. 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.

RML's forward dividend amount is ₹ and the forward dividend yield is . 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 (Madras) Limited.

NameTitleAgeTotal Pay
Ms. Gowri KailasamMang. & Pres of Steering & Linkage Division54
Mr. B. GnanasambandamSr. VP of Fin. & CFO54
Ms. S. Subha ShreeCompliance Officer & Sec.
Mr. Aditya GaneshSr. VP of Marketing
Mr. D. SundarPres of LMCI60
Mr. T. GiriprasadPres of Rane Aftermarkets Bus. Division57
Mr. D. SatheeshkumarSr. VP48
Mr. A. MurugapandianSr. VP of R&D53
Mr. T. DharmarVP of R&D44
Mr. V. RavikumarGen. Mang. of Operations47

Profitability and management effectiveness

Profit margin

0.61%

Operating margin

-0.36%

Return on assets

-0.34%

Return on equity

5.20%

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 and its enterprise value is .

The RML's stocks Beta value is 1.26 making it 26% 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 (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 ₹338.85.

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/.