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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Rane (Madras) Limited is an India-based company. The Company is engaged in manufacturing of steering and suspension linkage products, steering gear products and specialized aluminum high pressure die-casting products. It has two divisions, namely Steering and Linkages…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, fast-growing business, reasonably priced.
Rane (Madras) is scored on the general / industrial framework. It keeps a thin 2.8% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 2.04× reported profit. It throws off free cash worth 6.6% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at 18%/yr and profit at 53%/yr. Book value itself has compounded 46%/yr — the hallmark of a genuine compounder. Return on equity is a healthy 13.1%. In the latest quarter profit fell 19% versus the prior quarter.
At 32× earnings, the stock sits at the 20th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price asks for only ~-4%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 8.19 | 37.55 | better |
| P/B | 3.26 | 4.15 | better |
| EV/EBITDA | 6.39 | 17.82 | better |
| ROE | 13.11 | 13.31 | worse |
| ROCE | 10.64 | 11.95 | worse |
| ROA | 12.69 | 5.72 | better |
| Quick Ratio | 0.6 | 3.56 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Samvardhana Motherson Intl | 34.3 | 3.6 | 10.4% |
| Bosch | 63.4 | 10.1 | 15.8% |
| Uno Minda | 54.4 | 10.3 | 17.7% |
18% CAGR over 3 years — steady double-digit compounder. Growth is accelerating — latest year outpaced the prior year's rate.
Profit is growing faster than revenue (53% vs 18%) — margin expansion is at work. The latest year saw a +185% swing — check if it's a one-off or structural.
Operating margins have been stable around 4% — no major structural shift.
ROE at 14% — a respectable return on shareholder capital.
Profit grew faster than EPS (53% vs 28%) — share dilution is eroding per-share value. 28% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 2.0× PAT — earnings are well-backed by cash; strong accrual quality. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Run-rate stepping up — recent quarters average 8% above earlier ones.
Profit fell 19% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 70.5% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.