Rane Engine Valve Limited

This company manufactures valves, guides, and tappets for various types of engines and vehicles.

1972 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Rane Engine Valve Profile

Key Indicators

  • Authorised Capital ₹ 12.50 Cr
  • Paid Up Capital ₹ 7.23 Cr
  • Company Age 52 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 212.45 Cr
  • Satisfied Charges ₹ 501.84 Cr
  • Revenue Growth 29.79%
  • Profit Growth 99.49%
  • Ebitda 152.29%
  • Net Worth 7.93%
  • Total Assets 13.01%

About Rane Engine Valve

Rane Engine Valve Limited (REVL) was founded in India on 09 March 1972 and has a glorious history of 52 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532988 and on the National Stock Exchange(NSE) under RANEENGINE.

The Corporate was formerly known as Techcons Ltd. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 12.50 Cr and a paid-up capital of Rs 7.23 Cr.

The company currently has active open charges totaling ₹212.45 Cr. The company has closed loans amounting to ₹501.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rane Engine Valve Limited India are Vettagiripalayam Vijayaraghavan as CFO and Sampathkumar Anand as Company Secretary. Ganesh Lakshminarayan, Harish Lakshman, Pradip Bishnoi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ranegroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L74999TN1972PLC006127

  • Company No.

    006127

  • Stock Symbol

    BSE : 532988 NSE : RANEENGINE

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 1972

  • Date of AGM

    25 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does Rane Engine Valve Limited offer?

Rane Engine Valve Limited offers a wide range of products and services, including Sheet Metal & Turned Components, Industrial Disc Brakes, Suspension Arm Assembly, Car Lower Control Arm, Steering Parts, Steering Systems, Automotive Oils, Power Steering Fluid, Gearbox, Axle, Sprocket & Gear Parts, Automotive Gears.

Who are the key members and board of directors at Rane Engine Valve?

Executive Team (2)

NameDesignationAppointment DateStatus
Vettagiripalayam Vijayaraghavan Country flag representing In CFO16-Feb-2017Current
Sampathkumar Anand Company Secretary14-Feb-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Harish Lakshman Country flag representing In Director 23-Jul-2008Current
Ganesh Lakshminarayan Country flag representing In Director 29-Mar-1999Current
Pradip Bishnoi Country flag representing In Director 10-Sep-2022Current
Ramesh Natarajan Country flag representing In Director 28-Jun-2022Current
Vasudha Sundararaman Country flag representing In Director 04-May-2023Current
Vikram Hosangady Country flag representing In Director 31-Oct-2023Current

Financial Performance of Rane Engine Valve.

Rane Engine Valve Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.79% increase. The company also saw a substantial improvement in profitability, with a 99.49% increase in profit. The company's net worth moved up by a moderate rise of 7.93%.

Rane Engine Valve revenue growth over time
Rane Engine Valve profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
29.79%
Revenue from Operations
30.23%
Total Assets
13.01%
Profit or Loss
99.49%
Net Worth
7.93%
EBITDA
152.29%

What is the Ownership and Shareholding Structure of Rane Engine Valve?

In 2023, Rane Engine Valve had a promoter holding of 57.31% and a public holding of 42.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹212.45 Cr

Satisfied Charges

₹501.84 Cr

Charges Breakdown by Lending Institutions

  • Others : 91.86 Cr
  • Hdfc Bank Limited : 88.09 Cr
  • Standard Chartered Bank : 17.50 Cr
  • Yes Bank Limited : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jun 2023Others₹40.00 CrOpen
23 Jun 2022Yes Bank Limited₹15.00 CrOpen
26 Mar 2021Hdfc Bank Limited₹21.79 CrOpen
11 Mar 2021Others₹11.86 CrOpen
10 Jan 2020Hdfc Bank Limited₹11.30 CrOpen

How Many Employees Work at Rane Engine Valve?

Rane Engine Valve has a workforce of 1431 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Rane Engine Valve Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rane Engine Valve, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rane Engine Valve's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Rane Engine Valve

Recent activity within the organization

  • Director Appointment

    Sampathkumar Anand was appointed as a Company Secretary was appointed as a Company Secretary on 14 Feb 2024 & has been associated with this company since 1 year 16 days .

  • Charges

    A charge registered on 11 Feb 2022 via Charge ID 100540589 with Hdfc Bank Limited was fully satisfied on 18 Jan 2024.

  • Charges

    A charge with Yes Bank Limited of Rs. 15.00 Cr registered on 23 Jun 2022 with Charge ID 100594126 was modified on 03 Nov 2023.

  • Charges

    A charge registered on 14 Aug 2018 via Charge ID 100208622 with Others was fully satisfied on 10 Oct 2023.

  • Annual General Meeting

    Rane Engine Valve Limited last Annual general meeting of members was held on 25 Jul 2023 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 40.00 Cr with Charge ID 100734275 was registered on 21 Jun 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Rane Engine Valve Limited?

    Rane Engine Valve Limited was incorporated on 09 Mar 1972.

  • What is authorized share capital and paid-up capital of Rane Engine Valve Limited?

    The authorized share capital of Rane Engine Valve Limited is ₹ 12.50 Cr and paid-up capital is ₹ 7.23 Cr.

  • Who are the current board members & directors of Rane Engine Valve Limited?

    Currently 8 directors are associated with Rane Engine Valve Limited.

    • Ganesh Lakshminarayan
    • Harish Lakshman
    • Pradip Kumar Bishnoi
    • Ramesh Rajan Natarajan
    • Vasudha Sundararaman
    • Vikram Taranath Hosangady
    • Vettagiripalayam Krishnan Vijayaraghavan
    • Sampathkumar Anand

  • What is the registered address of Rane Engine Valve Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rane Engine Valve Limited is Maithri, 132 Cathedral Road, Chennai, Tamil Nadu, India, 600086.

  • What is the corporate identification number (CIN) and company number of Rane Engine Valve Limited?

    The corporate identification number (CIN) of Rane Engine Valve Limited is L74999TN1972PLC006127 and the company number is 006127 as per Ministry of Corporate Affairs (MCA).

  • Is Rane Engine Valve Limited registered with any stock exchange in India?

    Yes, Rane Engine Valve Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): RANEENGINE.

  • What is the official website of Rane Engine Valve Limited?

    The Official website of Rane Engine Valve Limited is https://www.ranegroup.com

  • What has been the recent revenue trend for Rane Engine Valve Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Rane Engine Valve Limited has risen by 29.79%.

  • How many employees does Rane Engine Valve Limited currently have?

    As Per 2023 financial reports, 1431 employees are currently employed by Rane Engine Valve Limited.

  • What change has been observed in the net worth of Rane Engine Valve Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Rane Engine Valve Limited has experienced an upsurge of 7.93%.

  • What are the total open charges for Rane Engine Valve Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Rane Engine Valve Limited amount to ₹ 212.45 Cr.

  • When was the last Balance Sheet of Rane Engine Valve Limited filed with the ROC?

    The most recent Balance Sheet for Rane Engine Valve Limited was filed with the ROC on 31 Mar 2023.

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