Rane (Madras) Limited

Auto component supplier with three product segments: steering gears, die-cast products, and Rane Auto Parts.

2004 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Rane (Madras) Profile

Key Indicators

  • Authorised Capital ₹ 35.50 Cr
  • Paid Up Capital ₹ 16.27 Cr
  • Company Age 20 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 945.98 Cr
  • Satisfied Charges ₹ 801.21 Cr
  • Revenue Growth 36.73%
  • Profit Growth -445.64%
  • Ebitda 70.66%
  • Net Worth -34.09%
  • Total Assets -1.33%

About Rane (Madras)

Rane (Madras) Limited (RML) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 March 2004 and has a history of 20 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 532661 and on the National Stock Exchange(NSE) under RML.

The Corporate was formerly known as Rane Holdings Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 35.50 Cr and a paid-up capital of Rs 16.27 Cr.

The company currently has active open charges totaling ₹945.98 Cr. The company has closed loans amounting to ₹801.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rane (Madras) Limited India are Gnanasambandam B as CFO and Subha S 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

    L65993TN2004PLC052856

  • Company No.

    052856

  • Stock Symbol

    BSE : 532661 NSE : RML

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 2004

  • Date of AGM

    24 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does Rane (Madras) Limited offer?

Rane (Madras) Limited offers a wide range of products and services, including Trucks, Mahindra Trucks, Automotive Gears, Steering Gear, Tipper Trucks, Mahindra Tipper Trucks, Automotive Accessories, Seat Belt, Power Steering Parts, Truck and Tractor Power Steering Pump.

Who are the key members and board of directors at Rane (Madras)?

Executive Team (2)

NameDesignationAppointment DateStatus
Gnanasambandam B CFO21-Oct-2019Current
Subha S Country flag representing In Company Secretary19-Jul-2012Current

Board Members (6)

NameDesignationAppointment DateStatus
Harish Lakshman Country flag representing In Director 31-Mar-2004Current
Ganesh Lakshminarayan Country flag representing In Director 31-Mar-2004Current
Pradip Bishnoi Country flag representing In Director 24-Oct-2016Current
Ramesh Natarajan Country flag representing In Director 21-May-2021Current
Vasudha Sundararaman Country flag representing In Director 29-Jun-2022Current
Vikram Hosangady Country flag representing In Director 16-Mar-2023Current

Financial Performance of Rane (Madras).

Rane (Madras) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.73% increase. The company also saw a substantial fall in profitability, with a 445.64% decrease in profit. The company's net worth observed a substantial decline by a decrease of 34.09%.

Rane (Madras) revenue growth over time
Rane (Madras) 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
36.73%
Revenue from Operations
36.56%
Total Assets
-1.33%
Profit or Loss
-445.64%
Net Worth
-34.09%
EBITDA
70.66%

What is the Ownership and Shareholding Structure of Rane (Madras)?

In 2023, Rane (Madras) had a promoter holding of 72.65% and a public holding of 27.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹945.98 Cr

Satisfied Charges

₹801.21 Cr

Charges Breakdown by Lending Institutions

  • Others : 395.00 Cr
  • Hdfc Bank Limited : 235.98 Cr
  • State Bank Of India : 100.00 Cr
  • Tata Capital Financial Services Limited : 60.00 Cr
  • Dbs Bank Ltd : 55.00 Cr
  • Others : 100.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jul 2024Others₹100.00 CrOpen
27 Nov 2023Hdfc Bank Limited₹100.00 CrOpen
05 Aug 2023Tata Capital Financial Services Limited₹60.00 CrOpen
05 Aug 2023Others₹50.00 CrOpen
05 Jan 2023State Bank Of India₹100.00 CrOpen

How Many Employees Work at Rane (Madras)?

Rane (Madras) has a workforce of 1928 employees as of Apr 05, 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 (Madras) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rane (Madras), 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 (Madras)'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 (Madras)

Recent activity within the organization

  • Charges

    A charge registered on 09 Aug 2019 via Charge ID 100283059 with Hdfc Bank Limited was fully satisfied on 25 Sep 2024.

  • Charges

    A charge registered on 26 Jun 2019 via Charge ID 100278274 with Others was fully satisfied on 09 Aug 2024.

  • Charges

    A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100957260 was registered on 26 Jul 2024.

  • Annual General Meeting

    Rane (Madras) Limited last Annual general meeting of members was held on 24 Jul 2024 as per latest MCA records.

  • Balance Sheet

    Rane (Madras) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 100.00 Cr with Charge ID 100831901 was registered on 27 Nov 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Rane (Madras) Limited?

    Rane (Madras) Limited was incorporated on 31 Mar 2004.

  • What is authorized share capital and paid-up capital of Rane (Madras) Limited?

    The authorized share capital of Rane (Madras) Limited is ₹ 35.50 Cr and paid-up capital is ₹ 16.27 Cr.

  • Who are the current board members & directors of Rane (Madras) Limited?

    Currently 8 directors are associated with Rane (Madras) Limited.

    • Ganesh Lakshminarayan
    • Harish Lakshman
    • Pradip Kumar Bishnoi
    • Ramesh Rajan Natarajan
    • Vasudha Sundararaman
    • Vikram Taranath Hosangady
    • Gnanasambandam B
    • Subha Shree S

  • What is the registered address of Rane (Madras) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rane (Madras) Limited is Maithri No.132 Cathedralroad, India, Chennai, Tamil Nadu, 600086.

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

    The corporate identification number (CIN) of Rane (Madras) Limited is L65993TN2004PLC052856 and the company number is 052856 as per Ministry of Corporate Affairs (MCA).

  • Is Rane (Madras) Limited registered with any stock exchange in India?

    Yes, Rane (Madras) Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): RML.

  • What is the official website of Rane (Madras) Limited?

    The Official website of Rane (Madras) Limited is https://www.ranegroup.com

  • What has been the recent revenue trend for Rane (Madras) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Rane (Madras) Limited has risen by 36.73%.

  • How many employees does Rane (Madras) Limited currently have?

    As Per 2023 financial reports, 1928 employees are currently employed by Rane (Madras) Limited.

  • What change has been observed in the net worth of Rane (Madras) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Rane (Madras) Limited has experienced an downturn of -34.09%.

  • What are the total open charges for Rane (Madras) Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Rane (Madras) Limited amount to ₹ 945.98 Cr.

  • When was the last Balance Sheet of Rane (Madras) Limited filed with the ROC?

    The most recent Balance Sheet for Rane (Madras) Limited was filed with the ROC on 31 Mar 2024.

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