Rane Engine Valve Ltd Stock Analysis

BSE: 532988 | NSE: RANEENGINE | Auto Ancillary | Small Cap

BSE Share Price 23-Sep-2022 18:01
241.00 -10.85 (-4.31%)

DeciZen - Make an Informed Decision on Rane Engine Valve

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Rane Engine Valve Price Chart

P/E Ratio (SA) :
0.00
Market Cap :
161.9 Cr.
52-wk low :
183
52-wk high :
317.5
Bole Toh?

1. Is Rane Engine Valve Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Rane Engine Valve Ltd is a below average quality company.

2. Is Rane Engine Valve Ltd undervalued or overvalued?

The key valuation ratios of Rane Engine Valve Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Rane Engine Valve Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rane Engine Valve Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Rane Engine Valve:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Rane Engine Valve Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % -2.9%4.9%1.7%-5.9%0.8%-4.6%-1.9%-3.3%-6.5%-1.3%-
Value Creation Index -1.2-0.7-0.9-1.4-0.9-1.3-1.1-1.2-1.5-1.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 263266395350355375423355302382422
YoY Gr. Rt. %-1.2%48.6%-11.5%1.6%5.6%12.6%-16%-15%26.6%-
Adj EPS -24.7-0.9-17.9-37.8-7.9-25.6-18.5-23.9-31.2-13.1-13.7
YoY Gr. Rt. %-NANANANANANANANANA-
BVPS (₹) 178.6122.2221.3153.2238.2209.8189.5165.2156.5139134.4
Adj Net Profit -12.7-0.5-9.2-25.4-5.3-17.2-12.4-16.1-20.9-8.8-9
Cash Flow from Ops. 36.830.716.721.3-4.114.72.42821.4-17.3-
Debt/CF from Ops. 34.69.26.7-20.37.456.54.35.3-7.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.3%1.5%-3.3%26.6%
Adj EPS NANANANA
BVPS -2.8-10.2-9.8-11.2
Share Price 2.9% -17% -5.9% -21.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % -13-0.6-10.3-23.2-4-11.4-9.3-13.5-19.4-8.7-10
Op. Profit Mgn % 3.3127.61.26.83.84.83.2-0.73.94.4
Net Profit Mgn % -4.9-0.2-2.3-7.3-1.5-4.6-2.9-4.5-6.9-2.3-2.2
Debt to Equity 1.22.31.31.40.50.811.11.11.4-
Working Cap Days 1811651431841731962052442652200
Cash Conv. Cycle 614548686274839999900

Recent Performance Summary

Sales growth is good in last 4 quarters at 23.02%

Return on Equity is Poor

Sales growth has been subdued in last 3 years -3.31%

Debt to equity has increased versus last 3 years average to 1.37

Latest Financials - Rane Engine Valve Ltd.

Standalone Consolidated
TTM EPS (₹) -13.7 -
TTM Sales (₹ Cr.) 422 -
BVPS (₹.) 134.4 -
Reserves (₹ Cr.) 84 -
P/BV 1.79 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 183.00 / 317.45
All Time Low / High (₹) 42.00 / 807.45
Market Cap (₹ Cr.) 162
Equity (₹ Cr.) 6.7
Face Value (₹) 10
Industry PE 39.3

Management X-Ray of Rane Engine Valve :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Rane Engine Valve

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

About Rane Engine Valve Ltd

Rane Engine Valve Ltd. was incepted in 1959 to manufacture valves and valve train components for various engine applications.  It has latest manufacturing practices to keep abreast of technological advancements caters to every section of the auto industry through four manufacturing plants. It has got cutting edge technology.

It is a market leader in India. Its clientele spread across Europe, North America and the Far Eastern markets including the best known brands such as Volkswagen, Deutz and Yamaha.

It has centralized R&D and product engineering function. Its design and functional aspects of development match customer requirements. Its design team includes IC Engine Specialists, CAD and CAM application experts, software analysts. CAD/CAE, Finite Element Analysis (FEA) Pro-E, Ansys etc used for new product development. Up to date practices like QFD, Design reviews and world acclaimed Japanese development methods are implemented across facilities.

New product development process aligned to ISO / TS 16949:2002 norms.

Product range of the company includes:

  • Engine Valves  
  • Valve Guide   
  • Tappets

Achievements/ recognition:

  • REVL has consistently maintained a zero warranty failure level for the last 6 years.
  • Several recognitions and awards from OE clientele.
  • Preferred supplier in the industry.
  • Deming Application Prize winner in the year 2005
  • TS 16949:2002& ISO 14001 certified
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now