Rane Holdings Limited — PPTs, 04-06-2025: Investor Presentation

1. Financial Highlights:

Rane Holdings reported consolidated revenue of Rs 4,380.3 Cr, rising 23.6% YoY. EBITDA grew modestly by 3.3% to Rs 346.6 Cr with a slight dip in margin to 7.9%. Profit after tax jumped 47.6% to Rs 220.8 Cr. ROCE improved to 9.5%, while debt-to-equity held steady at 0.7x. Q4 revenue surged 57.5% to Rs 1,377 Cr, EBITDA was Rs 98.6 Cr (7.2% margin), and PAT climbed 69.5% to Rs 11.7 Cr. Growth benefited from consolidation of Rane Steering Systems Pvt. Ltd.

2. Strategic Initiatives & Growth Drivers:

Rane secured Rs 240 Cr in new orders mainly from Steering & Linkages and Light Metal Castings. Digitalization and innovation received recognition, especially in steering components and EV technologies. A strong push into EV steering and airbag tech remains a core growth focus.

3. Business Developments:

Key order wins include Rs 13 Cr for steering columns in domestic LCV & MHCV segments and Rs 157 Cr for airbags from a passenger vehicle client. Mahindra acknowledged Rane’s pioneering steering wheel and airbag solutions for EVs. Subsidiary ZF Rane Automotive India posted Rs 666 Cr revenue with margin improvement.

4. Market Position & Competitive Advantage:

Steering and suspension contribute 59% of revenues, positioning Rane as a preferred OE supplier globally. Its diversified portfolio across vehicle segments and scale in EV tech bolster its competitive moat.

5. Investor Implications:

Robust revenue growth and margin stability highlight positive growth potential anchored by strategic order wins and EV innovation. Monitoring margin trends and integration of new business lines will be key. The company demonstrates strong operational momentum combined with financial discipline.