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. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Subsidiary operations (consolidated). Holding company with manufacturing-led subsidiaries
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 2,677 | 3,508 | 3,530 | 4,362 | 5,883 |
| EBITDA (ex other income) | 207 | 301 | 212 | 529 | 457 |
| margin % | 7.7 | 8.6 | 6.0 | 12.1 | 7.8 |
| Owners' profit | 24 | 62 | 124 | 207 | 98 |
| EPS, as reported (₹) | 16.91 | 43.61 | 86.67 | 145.13 | 68.54 |
| ROE % · ROCE % | 3.5 · 8.2 | 8.3 · 13.0 | 12.8 · 5.8 | 16.4 · 22.0 | 9.6 · 16.2 |
| Debt / equity (x) | 0.77 | 0.81 | 0.70 | 0.74 | 0.62 |
| Cash from operations | 15 | 186 | 233 | 513 | 280 |
| Capex | (133) | (158) | (209) | (225) | (316) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 917 | 1,241 | 1,374 | 1,341 | 1,399 | 1,535 | 1,609 | 1,587 |
| Profit before tax | 243 | 11 | 11 | 51 | 35 | 44 | 66 | 45 |
| Net profit | 185 | 4 | 12 | 57 | 31 | (40) | 88 | 48 |
| EPS (₹) | 124.44 | 2.27 | 6.58 | 35.57 | 16.45 | (35.41) | 51.93 | 26.17 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINSERV LTD. | 3,05,941 | 30.1 | 2.17 | 5.4 | 14.0 | — | 20.0 | 40.8 |
| BAJAJ HOLDINGS & INVS LTD | 1,23,904 | 14.0 | 1.50 | 49.9 | 11.9 | — | 21.8 | 92.9 |
| CHOICE INTERNATIONAL LTD | 16,876 | 65.3 | 9.25 | 41.3 | 13.0 | 13.9 | 46.0 | 36.8 |
| EDELWEISS FIN SERV LTD | 12,586 | 17.6 | 2.12 | 2.9 | 11.4 | — | 2.2 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 27 Aug 2026 · Earnings call transcript uploaded on company website | investor communications | medium | — | — |
| 27 Aug 2026 · Rane Holdings gets Crisil ESG rating of 65 in Strong category | credit debt | medium | — | — |
| 27 Aug 2026 · Rane Holdings gets Crisil ESG rating of 65 under Strong category | business updates | medium | — | — |
| 21 Aug 2026 · Audio recording of earnings call now on company website | investor communications | low | — | — |
| 20 Aug 2026 · Rane Holdings shares Q1 FY27 earnings presentation with key financials | investor communications | medium | — | — |
| 18 Aug 2026 · Rane Holdings schedules Q1 FY27 earnings call on Aug 21, 2026 | board shareholder meetings | low | — | — |
| 17 Aug 2026 · Q1 FY26 unaudited results published in newspapers | compliance | minimal | — | — |
| 13 Aug 2026 · Rane Holdings 90th AGM held on Aug 13, 2026 | board shareholder meetings | medium | — | — |
| 13 Aug 2026 · Audit Committee report on Rs 40 cr warrant proceeds - no deviation | compliance | minimal | — | — |
| 13 Aug 2026 · Statement of deviation or variation in fund use under Reg 32 for Q1 FY27 | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 29.3 |
| JM FINANCIAL LIMITED | 11,961 | 11.5 | 1.05 | 4.3 | 10.6 | — | 5.1 | 60.3 |
| RANE HOLDINGS LIMITED ◆ | 2,413 | 28.6 | 1.69 | 6.8 | 9.6 | 11.7 | 23.7 | 7.5 |
| BF INVESTMENT LIMITED | 1,691 | 4.3 | 0.20 | 24.3 | 3.3 | — | 36.0 | 90.4 |
| BALMER LAWRIE INVSTS. L | 1,523 | 11.8 | 0.68 | 3.6 | 12.4 | — | 12.2 | 18.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 28.6 | 12.9 | 10 of 14 | 31% |
| P/B | 1.7 | 1.3 | 9 of 14 | 39% |
| ROCE | 11.7 | 10.7 | 4 of 9 | 63% |
| ROE | 9.6 | 9.6 | 8 of 15 | 50% |
| Debt / Equity | 0.6 | 0.0 | 14 of 15 | 7% |
| EBITDA margin | 7.5 | 29.6 | 10 of 14 | 31% |
| Revenue growth | 18.4 | 18.6 | 9 of 15 | 43% |
| Profit growth | (16.0) | 18.1 | 10 of 15 | 36% |
| Market cap | 2413 | 1273 | 6 of 16 | 67% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
