1. Is Rane Brake Lining Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Rane Brake Lining Ltd is a average quality company.
2. Is Rane Brake Lining Ltd undervalued or overvalued?
The key valuation ratios of Rane Brake Lining Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Rane Brake Lining Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Rane Brake Lining Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||7.6%||11.7%||11.1%||16.6%||27.1%||19.8%||17.6%||14.6%||13.6%||11.6%||-|
|Value Creation Index ⓘ||-0.5||-0.2||-0.2||0.2||0.9||0.4||0.3||0.0||-0.0||-0.2||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||2%||8.4%||7.7%||3.9%||3.5%||6.6%||-8.4%||-10%||19.3%||-|
|Adj EPS ⓘ||11.4||21.7||20.3||32.6||57.1||46.8||47.6||43.5||41.8||35.9||41.7|
|YoY Gr. Rt. %||-||90.1%||-6.5%||60.2%||75.5%||-18.1%||1.7%||-8.6%||-3.8%||-14.1%||-|
|BVPS (₹) ⓘ||129||141.9||153.9||174.4||210.8||237.9||265.2||289.3||306.7||314.2||310.1|
|Adj Net Profit ⓘ||9||17.2||16.1||25.8||45.2||37.1||37.7||34.4||32.4||27.8||32|
|Cash Flow from Ops. ⓘ||33||29.4||45.3||52.2||61.6||48.5||44.3||73.4||46.4||11.3||-|
|Debt/CF from Ops. ⓘ||2.7||2.7||1.1||0.5||0.1||0.3||0.4||0.2||0||0||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||13.6%||-8.9%||-8.9%||-14.1%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||9.1||16.1||13.8||19.9||29.7||20.9||18.9||15.7||13.9||11.6||13.4|
|Op. Profit Mgn % ⓘ||8.7||10.5||10.9||12.1||15.7||15.6||13.3||12.9||14||8.8||8.9|
|Net Profit Mgn % ⓘ||2.4||4.5||3.9||5.8||9.7||7.7||7.3||7.3||7.7||5.5||5.7|
|Debt to Equity ⓘ||0.9||0.7||0.4||0.2||0||0.1||0.1||0.1||0||0||0|
|Working Cap Days ⓘ||151||156||153||125||100||158||216||250||281||268||160|
|Cash Conv. Cycle ⓘ||37||41||40||32||11||19||29||37||37||51||70|
Sales growth is good in last 4 quarters at 16.85%
Return on Equity has declined versus last 3 years average to 13.40%
Sales growth has been subdued in last 3 years -0.54%
Net Profit has been subdued in last 3 years -8.94%
|TTM EPS (₹)||41.7||-|
|TTM Sales (₹ Cr.)||568||-|
|BVPS (₹.) ⓘ||310.1||-|
|Reserves (₹ Cr.) ⓘ||232||-|
|From the Market|
|52 Week Low / High (₹)||576.00 / 821.65|
|All Time Low / High (₹)||34.20 / 1447.00|
|Market Cap (₹ Cr.)||547|
|Equity (₹ Cr.)||7.7|
|Face Value (₹)||10|
|Industry PE ⓘ||35.2|
Rane Brake Lining, a Rane Group company, was established in 1964 in technical and financial collaboration with Nisshinbo Industries, Japan for manufacturing asbestos-free Brake Linings, Disc Pads and Clutch Facings, having application in every segment of the automobile industry.
The company is a market leader in India .Exporting to more than 15 countries .Research and development is prime thrust area .Dedicated facility for new product development for critical applications including aerospace.
Rane group established in the year 1929 as a trading house and serves a variety of industry segments: Passenger Cars, Multi Utility Vehicles, Light Commercial Vehicles, Medium & Heavy Commercial Vehicles, Farm Tractors, Three-wheelers, Two-wheelers and Stationary Engines through one of its holding company & 7 manufacturing companies.
The products of the company are consistently updated in tune with evolving customer demands .Green Material Policy is evolved to ensure products meet stringent eco norms .Design centre has Computer Aided Design (CAD) and sophisticated test equipment like full-scale inertia dynamometer, thermo gravimetric analyser, pyrolysis gas chromatograph etc.
The complete spectrums of products from RBL are manufactured in 4 plants located at Chennai, Hyderabad and Puducherry and Trichy. Products are routed through stringent quality norms to match expectations. The plant at Puducherry is anexclusive Asbestos Free Facility.
Chennai plant Automotive products: Brake linings, disc pads and clutch facings. Railway products: Railway brake blocks.
Hyderabad plant Automotive products: Brake linings & clutch facings.Railway products: Railway brake blocks.
Puducherry plant Automotive products: Brake linings disc pads & cord woven clutch facings. Railway products: Railway brake blocks.
Trichy plant Automotive products: Disc pads.
Products manufactured by the company include:
Accredited with ISO 9001:2000, TS 16949 and ISO 14001:2000 certifications.
Deming Application Prize winner in the year 2003.