Company Rane (Madras) Limited

Equities

RML

INE050H01012

Auto, Truck & Motorcycle Parts

Delayed NSE India S.E. 05:06:35 2024-05-03 am EDT 5-day change 1st Jan Change
948 INR +11.67% Intraday chart for Rane (Madras) Limited +10.56% +14.34%

Business Summary

Rane (Madras) Limited is a manufacturer and supplier for global automotive companies. It manufactures steering and suspension systems, friction materials, valve train components, occupant safety systems, light metal casting products and provides connected mobility solutions. It has two divisions, namely Steering and Linkages Division (SLD) and Light Metal Casting India Division (LMCI). SLD manufactures mechanical steering gears, hydrostatic steering systems and steering and suspension linkage products. LMCI manufactures low porosity, light metal casting, such as steering housings and engine case covers. It manufactures high pressure light metal casting components from its facility in Kentucky, United States. Its products serve a variety of industry segments, including passenger vehicles, commercial vehicles, farm tractors, two-wheelers, three-wheelers, railways, and stationary engines. It has manufacturing facilities at Tamil Nadu, Puducherry, Karnataka, Uttarakhand, and Telangana.

Number of employees: 1,165

Sales per Business

INR in Million2022Weight2023Weight Delta
Transportation Industry Components
98.3 %
17,117 98.3 % 23,138 98.3 % +35.17%
Scrap
1.3 %
219 1.3 % 302 1.3 % +37.99%
Export Entitlements
0.4 %
83 0.5 % 103 0.4 % +24.88%
Job Charges
0.0 %
1 0.0 % 2 0.0 % +300.00%

Sales per region

INR in Million2022Weight2023Weight Delta
India
71.0 %
12,365 71.0 % 16,421 71.0 % +32.81%
United States
17.4 %
3,147 18.1 % 4,024 17.4 % +27.86%
Rest of the World
11.6 %
1,907 10.9 % 2,692 11.6 % +41.16%

Managers

Managers TitleAgeSince
Chairman 50 04-03-30
Director of Finance/CFO - 19-10-20
Chief Tech/Sci/R&D Officer 56 94-02-01
Compliance Officer - 12-07-18
Chief Operating Officer 36 17-09-03
Investor Relations Contact - -
Corporate Officer/Principal - -
Human Resources Officer 57 99-06-30
Sales & Marketing 51 17-04-20
Human Resources Officer - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 70 06-09-30
Chairman 50 04-03-30
Director/Board Member 66 21-05-20
Director/Board Member 72 16-10-23
Director/Board Member 66 22-06-28
Director/Board Member - 23-03-19

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 16,265,267 4,430,433 ( 27.24 %) 0 27.24 %

Shareholders

NameEquities%Valuation
11,672,774 71.77 % 96 M ₹
quant Money Managers Ltd.
0.4724 %
76,835 0.4724 % 634 100 ₹
Raman Tgg
0.1721 %
28,000 0.1721 % 231 077 ₹
24,775 0.1523 % 204 462 ₹
20,000 0.1230 % 165 055 ₹
Government of India
0.1161 %
18,879 0.1161 % 155 804 ₹
12,604 0.0775 % 104 018 ₹
12,000 0.0738 % 99 033 ₹
12,000 0.0738 % 99 033 ₹
8,483 0.0522 % 70 008 ₹

Company contact information

Rane (Madras) Ltd.

Ganapathi Buildings 154 Velachery Road

600042, Chennai

+91 44 4226 7800

http://ranegroup.com/rml/
address Rane (Madras) Limited(RML)

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