Rane (Madras) Limited — PPTs, 20-08-2026: Investor Presentation

Rane (Madras) Limited (RML) reported strong Q1 FY27 results. Consolidated Revenue jumped 18.8% year-on-year to Rs 1,050.6 Cr, with Profit After Tax (PAT) soaring 62.5% to Rs 30.1 Cr. EBITDA increased 22.0% to Rs 95.8 Cr, achieving a 9.1% margin.

Growth was well-distributed: Domestic OE sales rose 13% driven by passenger vehicle and farm tractor demand, while International sales surged 24% from robust steering product offtake. The Indian Aftermarket segment also grew 28%. Passenger vehicles accounted for 60% of sales, with Steering & Linkages contributing 51%.

A significant strategic development was the acquisition of Hindustan Composites Limited's friction business for Rs 370 Cr. This integration is set to create a combined ₹1,000+ Cr friction business, expected to be EPS accretive from year one, expanding RML's manufacturing and R&D footprint. Additionally, RML secured 24 new programs, including EV applications, with a Lifetime Value over Rs 2,040 Cr, providing strong long-term revenue visibility. Exports made up 54% of these new wins.