Rane (Madras) Profile
Key Indicators
- Authorised Capital ₹ 35.50 Cr
as on 16-11-2024
- Paid Up Capital ₹ 16.27 Cr
as on 16-11-2024
- Company Age 20 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 945.98 Cr
as on 16-11-2024
- Satisfied Charges ₹ 801.21 Cr
as on 16-11-2024
- Revenue 36.73%
(FY 2023)
- Profit -445.64%
(FY 2023)
- Ebitda 70.66%
(FY 2023)
- Net Worth -34.09%
(FY 2023)
- Total Assets -1.33%
(FY 2023)
About Rane (Madras)
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.
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gnanasambandam B | CFO | 21-Oct-2019 | Current |
Subha S  | Company Secretary | 19-Jul-2012 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Harish Lakshman | Director | 31-Mar-2004 | Current |
| Ganesh Lakshminarayan | Director | 31-Mar-2004 | Current |
| Pradip Bishnoi | Director | 24-Oct-2016 | Current |
| Ramesh Natarajan | Director | 21-May-2021 | Current |
| Vasudha Sundararaman | Director | 29-Jun-2022 | Current |
| Vikram Hosangady | Director | 16-Mar-2023 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Rane Nsk Steering Systems Private LimitedActive 29 years 8 monthsGanesh Lakshminarayan and Harish Lakshman are mutual person
Young Presidents Organisation (Chennai Chapter)Active 25 years 9 monthsHarish Lakshman is a mutual person
Cholamandalam Financial Holdings LimitedActive 75 years 3 monthsVasudha Sundararaman is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 26 Jul 2024 | ₹100.00 Cr | Open |
Hdfc Bank Limited Creation Date: 27 Nov 2023 | ₹100.00 Cr | Open |
Tata Capital Financial Services Limited Creation Date: 05 Aug 2023 | ₹60.00 Cr | Open |
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.
Deals i
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
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
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.
