Rane (Madras) Ltd

NEW
BOM:532661 (India)  
₹ 907.05 -10.15 (-1.11%) Jul 1
39.17
P/B:
2.20
Market Cap:
₹ 25.07B ($ 292.75M)
Enterprise V:
₹ 32.53B ($ 379.92M)
Volume:
1.36K
Avg Vol (2M):
2.57K
Trade In:

Business Description

Description
Rane (Madras) Ltd provides components for the transportation industry. The company is a manufacturer of steering and suspension linkages products, steering gear products and other articles of aluminum die casting products. It operates through two divisions: the Steering and Linkages division and the Light Metal Castings division. The company's steering and linkages division manufactures manual steering gears, hydrostatic steering systems, and steering and suspension linkage products. Its Light Metal Castings division manufactures low-porosity, high-quality aluminum die-castings such as steering housings and engine case covers. Geographically, the company derives key revenue within India.
Name Current Vs Industry Vs History
Cash-To-Debt 0.08
Equity-to-Asset 0.3
Debt-to-Equity 1.21
Debt-to-EBITDA 2.86
Interest Coverage 2.01
Piotroski F-Score 7/9
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 2.65
Distress
Grey
Safe
Beneish M-Score -1.99
Manipulator
Not Manipulator
WACC vs ROIC
WACC
ROIC

Liquidity Ratio

Name Current Vs Industry Vs History
Current Ratio 0.98
Quick Ratio 0.65
Cash Ratio 0.05
Days Inventory 58.44
Days Sales Outstanding 52.1
Days Payable 68.77

Dividend & Buy Back

Name Current Vs Industry Vs History
Forward Dividend Yield % 0.88
Shareholder Yield % -3.82