HomeRANEENGINE • NSE
Rane Engine Valve Ltd
₹515.00
Sep 27, 5:13:59 PM GMT+5:30 · INR · NSE · Disclaimer
StockIN listed security
Previous close
₹511.35
Day range
₹503.00 - ₹524.00
Year range
₹276.05 - ₹666.00
Market cap
3.87B INR
Avg Volume
75.95K
P/E ratio
31.03
Dividend yield
0.97%
Primary exchange
NSE
Market news
Financials
Income Statement
Revenue
Net income
(INR)Jun 2024Y/Y change
Revenue
1.37B-0.64%
Operating expense
754.50M2.01%
Net income
23.90M37.36%
Net profit margin
1.7438.10%
Earnings per share
EBITDA
64.28M-38.81%
Effective tax rate
31.52%
Total assets
Total liabilities
(INR)Jun 2024Y/Y change
Cash and short-term investments
24.50M-69.22%
Total assets
Total liabilities
Total equity
1.21B
Shares outstanding
7.22M
Price to book
3.06
Return on assets
Return on capital
1.99%
Net change in cash
(INR)Jun 2024Y/Y change
Net income
23.90M37.36%
Cash from operations
Cash from investing
Cash from financing
Net change in cash
Free cash flow
About
Rane Engine Valve Limited is a part of Rane Group of companies involved in the manufacture of valves and valve train components for various engine applications. Incepted in the year 1959, it is one of the oldest engine valve manufacturers that caters in the auto industry. The company is headquartered in Chennai and has five manufacturing locations with 1 plant in Chennai, 2 in Hyderabad, 1 in Tumkur and a plant in Tiruchirapalli. It is the largest manufacturer of engine valves in India with an 30% market share. The company offers its products to companies engaged in the manufacture of passenger cars, utility vehicles, light commercial vehicles, medium and heavy commercial vehicles, farm tractors, and two and three wheelers, typically from motor cycles to marine engines. Volkswagen, Deutz. It recently inaugurated its dedicated Lean Manufacturing Practices line for Mahindra and Mahindra's Farm Equipment Sector in its Chennai plant. It also has a dedicated line for manufacturing valves for kappa engines of Hyundai motor. The company has an Export market. About 30% of its turnover comes from export and the export markets include Europe, North America, and the Far East. Wikipedia
Founded
1959
Employees
832
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