RANE HOLDINGS LIMITED

Functions as a holding company, with FY26 consolidated revenue of Rs 5,883.31 crore pulled in from its operating subsidiaries. One named subsidiary is Rane Steering Systems Private Limited (RSSL), a wholly owned unit that has signed a power purchase agreement with Hexa Energy BH Eleven for renewable electricity and is dealing with GST notices covering FY 2019-20 and FY 2022-23, indicating active manufacturing operations within the group. The consolidated cost mix is materials-heavy at 64.2% of revenue, with employees at 11.6% and other operating expenses at 14.7%, in line with manufacturing. Depreciation runs at 3.6% of revenue and total assets stand at Rs 3,843.2 crore. FY26 EBITDA margin was 8.17%. The board declared a Rs 47 per share dividend, and promoter-group activity included a preferential issue of 3,38,030 convertible warrants at Rs 1,183.32 each and an inter-se transfer of shares within promoter entities.