Rane (Madras) Limited — PPTs, 16-02-2026: Investor Presentation

Rane (Madras) Ltd. reported a robust Q3 FY26. Consolidated revenue grew 21.3% YoY to Rs 1,019.1 Cr, driven by strong domestic OEM sales (+18%) and international sales (+21%), particularly in steering products. The Indian Aftermarket segment also saw comparable growth of 18%.

The company outshone industry growth in Commercial Vehicles (+20% vs industry +18%), Farm Tractors (+44% vs industry +35%), and 2-Wheelers (+24% vs industry +15%). Passenger Vehicle growth was 13% against an industry average of 19%. Steering & Linkages remains the largest business, contributing 47% of sales.

RML secured new orders worth Rs 115 Cr for Steering & Linkages (including Rs 75 Cr international) and Rs 20 Cr for Brake Components. Multiple facilities also received awards for operational excellence and continuous improvement.

Key financials show EBITDA up 36.8% YoY to Rs 94.8 Cr, with margins expanding to 9.3%. Profit After Tax (PAT) reached Rs 30.5 Cr, marking significant growth from the prior year's lower base due to a tax credit reversal. The positive performance highlights strong market demand and operational efficiency.