Rane Holdings Ltd Stock Analysis

BSE: 505800 | NSE: RANEHOLDIN | Finance - Investment | Small Cap

BSE Share Price 06-Dec-2022 17:29
907.55 -8.95 (-0.98%)

DeciZen - Make an Informed Decision on Rane Holdings

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Rane Holdings Price Chart

P/E Ratio (SA) :
27.59
Market Cap :
1,308.6 Cr.
52-wk low :
552
52-wk high :
977.4
Bole Toh?

1. Is Rane Holdings Ltd a good quality company?

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

2. Is Rane Holdings Ltd undervalued or overvalued?

The key valuation ratios of Rane Holdings Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Rane Holdings Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Rane Holdings Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Rane Holdings:

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 Holdings Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Operating Income (₹ Cr.)56.852.258.67570.995.611697.365.188.8108
YoY Gr. Rt. %--8%12.2%27.9%-5.4%34.8%21.3%-16.1%-33.1%36.5%-
Adj EPS (₹ ) 18.215.218.22534.934.253.535.6123.733.2
YoY Gr. Rt. %--16.2%19.3%37.6%39.7%-2%56.5%-33.4%-97.3%2397.9%-
BVPS (₹ )180.8188.7198.2212.1244.9267.3301.8321.8328.1353.9366.8
YoY Gr. Rt. %-4.4%5%7%15.5%9.1%12.9%6.6%2%7.9%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)9.57.37.99.913.212.417.410.60.35.90

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Net Interest Income5.1%4.6%-8.5%36.5%
Adj EPS3%-7.4%-23.7%2397.9%
BVPS7.8%7.6%5.5%7.9%
Share Price 16% -14.8% 6.8% 52.9%

Key Financial Ratios

RATIOS \ YEARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Asset Quality Ratio To view Asset Quality Ratio Colour Rating Guide click here
Net NPA to Net Advances (%)0000000000-
Capitalization Ratio To view Capitalization Ratio Colour Rating Guide click here
Capital Adequacy Ratio (%) 0000000000-
Margins
Net Profit Margin (%)45.741.644.247.670.351.165.952.22.138.243.8
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)10.38.29.412.215.313.318.811.40.379.1

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 9.20%

Total income growth is good in last 4 quarters

Total Income has declined 33.34 CAGR in last 3 years

Net Profit has declined -23.72 CAGR in last 3 years

Latest Financials - Rane Holdings Ltd.

Standalone Consolidated
TTM EPS (₹) 33.2 21.8
TTM Sales (₹ Cr.) 108 3,161
BVPS (₹.) 366.8 567.9
Reserves (₹ Cr.) 509 797
P/BV 2.50 1.62
PE 27.59 42.17
From the Market
52 Week Low / High (₹) 552.00 / 977.40
All Time Low / High (₹) 17.15 / 2799.00
Market Cap (₹ Cr.) 1,309
Equity (₹ Cr.) 14.3
Face Value (₹) 10
Industry PE 70

Management X-Ray of Rane Holdings :

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

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Analyst's Notes

Key Ratios of Rane Holdings

Adj EPS (Rs.)
Total Income (Cr.)
ROE (%)
BVPS (Rs.)

News

Rane Holdings Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Rane Holdings on 06-Dec-2022 17:29 is : 907.5.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Dec-2022 17:29 the market cap of Rane Holdings stood at ₹ 1,308.6.
The latest PE ratio of Rane Holdings as of 06-Dec-2022 17:29 is 27.59.
The latest PB ratio of Rane Holdings as of 06-Dec-2022 17:29 is 2.50
The 52-week high of Rane Holdings is ₹ 977.4 and the 52-week low is ₹ 552.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Rane Holdings is ₹ 108.3 ( Cr.) .

About Rane Holdings Ltd

Rane Holdings is the holding company of the Rane Group. RHL is a listed company with investments exclusively in the group companies. The conclusion of the restructuring exercise within the Group has achieved complete elimination of cross-holdings among group companies, as envisaged.

The company invests exclusively in the group companies viz; Rane Engine Valves Ltd, Kar Mobiles Ltd, Rane Brake Lining Ltd, Rane Investments Ltd, Rane (Madras) Ltd and Rane Diecast Ltd. RHL owns the trademark 'Rane' and provides a range of services to group companies which include employee training and development, investor services, business development and information systems support

The 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 Rane Holding company & 7 manufacturing companies.

Rane Holdings Ltd and Japan’s NSK Ltd in 2008 have built a plant in north India, to make electric steering systems for a new model from India’s top car maker by sales, Maruti Suzuki India Ltd. Rane NSK Steering Systems Ltd, the equal joint venture, also has plans to later expand the capacity of the plant in Haryana to serve new models from Honda Motor Co.’s Indian operations.

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