Rane (Madras) Limited — PPTs, 04-06-2025: Investor Presentation

1. Financial Highlights:

Rane (Madras) Limited reported consolidated revenue of ₹3,421 Cr for FY25, up 1.4% YoY. EBITDA grew 6.9% to ₹298 Cr with an 8.7% margin. PAT surged 31.2% to ₹37.6 Cr, including exceptional items. ROCE was 12%, and debt-equity improved to 1.13x. Q4 revenue rose 5.8% to ₹905 Cr, with EBITDA up 14.7% at ₹82.8 Cr (9.1% margin) and PAT increasing 39.4% to ₹6.5 Cr.

2. Strategic Initiatives & Growth Drivers:

Demand strength from passenger vehicles (especially utility vehicles), farm tractors, and two-wheelers drove growth, aided by festive season sales and expanding dealer channels. Capex and R&D focus on safety-critical auto components continue, supported by 17 plants including Mexico, with digitalization and Total Quality Management enhancing manufacturing efficiency.

3. Business Developments:

Rane secured new orders worth ₹180 Cr internationally and ₹50 Cr domestically. It earned Supplier Excellence and digitalization awards, with Hyderabad plant recognized for safety. Kia India praised quality and delivery. Aftermarket offerings expanded by 50+ SKUs in Q4, fueling steady aftermarket sales growth.

4. Market Position & Competitive Advantage:

The company leads in steering, brake, engine components, and light metal castings. It serves multiple vehicle segments across 30+ countries, with 26% of revenues from abroad. Its scale, technical expertise, and footprint in India and overseas support a strong competitive edge.

5. Investor Implications:

Diverse product mix and international reach signal positive growth potential. Margin improvement and better capital efficiency enhance earnings quality. Execution risks include inventory management and sustaining segment growth. Monitoring order inflows and aftermarket expansion will be key to tracking ongoing momentum.