Rane Holdings

Rane Holdings Ltd.

NSE: RANEHOLDIN BSE: 505800 SECTOR: Finance - Investment  38k   36   3

946.65
-3.65 (-0.38%)
NSE: 02 Jun 03:45 PM

Price Summary

Today's High

₹ 972

Today's Low

₹ 941

52 Week High

₹ 1049.15

52 Week Low

₹ 555.95

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 1351.61 Cr.

Advances

₹ 0 Cr.

No. of Shares

1.43 Cr.

P/E

27.98

P/B

2.52

Face Value

₹ 10

Div. Yield

1.81 %

Book Value (TTM)

₹  375.66

Operating Revenue

₹ 88.8 Cr.

Net Profit

₹ 33.88 Cr.

Promoter Holding

46.57 %

EPS (TTM)

₹  33.83

Sales Growth

36.45

ROE

6.96 %

ROCE

9.56%

Profit Growth

2391.18 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Income Growth

1 Year36.45%
3 Year-8.51%
5 Year4.61%

Profit Growth

1 Year2391.18%
3 Year-23.73%
5 Year-7.41%

ROE%

1 Year6.96%
3 Year6.22%
5 Year10.16%

ROCE %

1 Year9.56%
3 Year8.52%
5 Year12.45%

ROA%

5.87750570315821

PEG Ratio

0.01

PAT Margin (%)

38.1531531531532

EPS Growth(%)

2391.12767744645

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 46.57 0
Dec 2022 46.57 0
Sep 2022 46.57 0
Jun 2022 46.57 0
Mar 2022 46.57 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • PAT margin has surged by 36.0634174432577%.
  • Company has maintained a good ROA of 5.56060275539814% in last 3 years.
  • The company is trading at 1.66171022693548 times the book value

 Limitations

  • The company has delivered poor profit growth of -8.50842081070228% over past 3 years
  • The company has delivered poor Operating Income growth of -8.50842081070228% over past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Operating Revenue 21.01 29.12 39.61 23.64 25.29
Other Income 0.19 0.1 0.12 0.16 0.15
Interest Expended 1.4 1.38 1.48 1.48 1.27
Operating Expenses 8.94 9.67 11.78 11.89 12.92
Total Provisions 0 0 0 0 -2.92
Depreciation 0.79 0.88 0.93 1.28 1.28
Profit Before Tax 10.07 17.29 25.54 9.15 12.89
Tax 1.48 3.02 4.46 1.69 1.56
Net Profit 8.59 14.27 21.08 7.46 5.49

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Operating Income 95.56 115.95 97.31 65.08 88.8
Other Income 1.53 12.54 0.47 0.91 20.44
Interest 2.34 2.35 2.17 3.09 5.9
Operating Expenses 34.36 36.96 36.23 31 36.52
Total Provisions 1.6 1.69 2.34 1.35 1.35
Exceptional Items 0 0 0 -15.57 -17.81
Profit Before Tax 58.79 87.49 57.04 14.98 47.66
Tax 10 11.13 6.22 13.62 13.78
Profit After Tax 48.79 76.36 50.82 1.36 33.88
Adjusted EPS (Rs.) 34.17 53.47 35.59 0.95 23.73

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 14.28 14.28 14.28 14.28 14.28
Total Reserves 367.41 416.73 445.24 454.28 491.15
Borrowings 19.15 13.99 21.82 66.1 56.32
Other N/C liabilities -0.03 -0.17 1.59 6.72 6.13
Current liabilities 16.45 16.34 19.43 20.46 23.15
Total Liabilities 417.26 461.17 502.36 561.84 591.03
Assets
Loans 0 0 0 0 0
Net Block 88.27 87.64 104.87 103.49 102.42
Capital WIP 3.88 9.61 0.07 0 0.2
Intangible WIP 0 0 0 0 0.95
Investments 294.53 335.92 369 431.3 474.52
Other Loans 7.67 11.66 9.25 4.05 4.29
Other N/C Assets 0 0 0.03 0 0
Current Assets 22.91 16.34 19.14 23 8.65
Total Assets 417.26 461.17 502.36 561.84 591.03
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 46.57 46.57 46.57 46.57 46.57
raman t g g 10.39 10.39 10.39 10.39 10.39
lakshman l & pushp... - - 4.92 4.92 4.92
ganesh l & meenaks... 4.99 4.99 4.99 4.99 4.99
lakshman l (includ... 4.92 4.92 - - -
ranjini r iyer 4.38 4.38 4.38 4.38 4.38
rathika r sundares... 4.38 4.38 4.38 4.38 4.38
geetha raman subra... 4.38 4.38 4.38 4.38 4.38
meenakshi ganesh &... 2.14 2.14 2.14 2.14 2.14
vanaja aghoram 1.93 1.93 1.93 1.93 1.93
lakshman l (huf) 1.52 1.52 1.52 1.52 1.52
pushpa lakshman & ... 1.37 1.37 1.37 1.37 1.37
ganesh l (huf) 1.34 1.34 1.34 1.34 1.34
shanthi narayan 0.99 0.99 0.99 0.99 0.99
harish lakshman 0.87 0.87 0.87 0.87 0.87
aditya ganesh 0.80 0.80 0.80 0.80 0.80
vinay lakshman 0.75 0.75 0.75 0.75 0.75
aparna ganesh 0.48 0.48 0.48 0.48 0.48
rama r krishnan 0.43 0.43 0.43 0.43 0.43
t g ramani - - - - -
rama r krishnan (l... - - - - -
malavika lakshman - - - 0.13 -
malavika lakshman ... - - 0.13 - 0.13
malavika lakshman ... 0.13 0.13 - - -
rekha sundar 0.11 0.11 0.11 0.11 0.11
chitra sundaresan 0.06 0.06 0.06 0.06 0.06
chitra sundaresan - - - - -
pravin kumar 0.02 0.02 0.02 0.02 0.02
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 53.43 53.43 53.43 53.43 53.43
sundaram mutual fu... - - - - 5.54
sundaram mutual fu... 4.99 5.00 5.02 5.00 -
uti mutual fund - - - - -
nisshinbo holdings... 3.79 3.79 3.79 3.79 3.79
aditya birla sun l... - - - - 3.05
aditya birla sun l... 1.96 2.44 2.45 3.05 -
united india insur... 3.02 3.02 3.02 3.02 3.02
united india insur... - - - - -
l&t mutual fund - - - - -
l&t mutual fund tr... 2.70 2.52 2.49 1.59 -
uti-mid cap fund 2.25 1.93 1.93 1.74 1.72
enam securities pr... 2.53 2.53 2.53 2.53 2.53
enam securities pv... - - - - -
aditya birla sunli... - - - - -
general insurance ... 1.53 1.53 1.53 1.53 1.53
general insurance ... - - - - -
sundaram alternati... 1.08 1.10 1.10 1.10 -
sundaram alternati... - - - - 1.10
kumari investment ... 1.03 1.03 1.03 1.03 1.03
kumari investment ... - - - - -
iepf 0.30 0.30 0.30 0.33 0.33

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Rane Holdings gets nod to sell entire investment in Rane t4u 1 Jun 2023, 9:57AM Rane Holdings acquires additional stake in Rane t4u31 May 2023, 10:13AM Rane Holdings - Quaterly Results12 May 2023, 1:37PM Rane Holdings - Quaterly Results12 May 2023, 1:37PM Rane Holdings - Quaterly Results12 May 2023, 1:37PM Rane Holdings acquires additional stake in Rane Engine Valve1 Mar 2023, 5:08PM Rane Holdings informs about newspaper publication 15 Feb 2023, 12:04PM Rane Holdings informs about outcome of board meeting14 Feb 2023, 2:49PM Rane Holdings - Quaterly Results14 Feb 2023, 12:11PM Rane Holdings - Quaterly Results14 Feb 2023, 12:11PM Rane Holdings - Quaterly Results14 Feb 2023, 12:11PM Rane Holdings informs about credit rating 14 Dec 2022, 11:30AM Rane Holdings informs about newspaper publication29 Oct 2022, 3:39PM Rane Holdings - Quaterly Results28 Oct 2022, 1:09PM Rane Holdings - Quaterly Results28 Oct 2022, 1:09PM Rane Holdings - Quaterly Results28 Oct 2022, 1:09PM Rane Holdings informs about clarification19 Aug 2022, 12:26PM Rane Holdings informs about newspaper publication 5 Aug 2022, 4:14PM Rane Holdings - Quaterly Results4 Aug 2022, 12:51PM Rane Holdings - Quaterly Results4 Aug 2022, 12:51PM Rane Holdings - Quaterly Results4 Aug 2022, 12:51PM Rane Holdings informs about loss of share certificates23 Jul 2022, 12:56PM Rane Holdings informs about 86th AGM8 Jun 2022, 9:35AM Rane Holdings - Quaterly Results26 May 2022, 6:38PM Rane Holdings - Quaterly Results26 May 2022, 6:38PM Rane Holdings informs about updates22 Apr 2022, 5:19PM Rane Holdings acquires further stake in Rane Brake Lining16 Mar 2022, 12:30PM Rane Holdings reports 73% fall in Q3 consolidated net profit8 Feb 2022, 2:44PM Rane Holdings - Quaterly Results8 Feb 2022, 12:54PM Rane Holdings - Quaterly Results8 Feb 2022, 12:54PM Rane Holdings - Quaterly Results8 Feb 2022, 12:54PM Rane Holdings gets nod to invest Rs 15 crore in Rane Engine Valve27 Jan 2022, 12:52PM Rane Holdings acquires additional stake in RML11 Jan 2022, 2:34PM Rane Holdings gets nod to divest stake in Rane TRW Steering Systems29 Dec 2021, 4:42PM Rane Holdings informs about credit rating30 Nov 2021, 12:07PM Rane Holdings hikes stake in Rane t4u30 Sep 2021, 4:55PM Rane Holdings informs about newspaper publication12 Jul 2021, 1:10PM Rane Holdings acquires additional 7.71% stake in Rane t4u 7 Jul 2021, 9:32AM Rane Holdings acquires additional 6.80% stake in Rane t4u1 Jul 2021, 12:23PM Rane Group contributes Rs 1 crore to Tamil Nadu Government for fight against COVID2 Jun 2021, 3:17PM Rane Holdings informs about board meeting15 May 2021, 12:57PM Rane Holdings acquires additional stake in subsidiary7 Jan 2021, 4:57PM Rane Holdings gets nod for further investment in subsidiary17 Dec 2020, 2:26PM Rane Holdings submits annual secretarial compliance report17 Jul 2020, 10:21AM Rane Holdings informs about record date24 Jun 2020, 3:37PM Rane Holdings informs about clarification7 May 2020, 3:02PM

Rane Holdings Stock Price Analysis and Quick Research Report. Is Rane Holdings an attractive stock to invest in?

 

Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow. Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry. Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

To understand the functions of the Rane Holdings better, you must go through the following points:

Key Financials –

  • Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of the company is Rs 33.88 Cr and the compounded growth of profit in the past 3 years is -23.7288425506607 %. The PAT margin of Rane Holdings is 38.1531531531532 %.

  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Rane Holdings , the EPS grew by 2391.12767744645 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): The Company has a poor ROE track record. The ROE of Rane Holdings is at 6.95695027669689 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Rane Holdings is worth at the current levels at Rs 946.65. The stock is trading at a current P/E ratio of 24.7897831447177 and the average historical P/E for the last 5 years was 149.618688804859.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Rane Holdings is trading at a P/B of 2.5316 . The average historical P/B for the last 5 years was 3.52160946041181. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

Brief about Rane Holdings

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