Rane Madras sets sights on achieving double-digit EBITDA margins by FY27, aiming for a sustained level of 11-12%. This goal is achieved through efficiency improvements and cost reductions. The company plans to invest INR 240-250 crore in capital expenditure by FY27, with approximately 15-20% allocated for maintenance and half for new projects.
Rane (Madras) Limited
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Rane Madras has commenced trial operations at its new Mexico plant, initiating invoicing processes. While this move could boost revenue by FY27, future success hinges on renegotiations of the U.S.-Mexico trade agreement.
Rane Madras sees a significant leap in net profit by 467% and total sales by 16% in the fiscal year 2026, reporting sales of INR 1,047.87 crore in March alone. This impressive growth has boosted their earnings per share (EPS) to INR 13.37 compared to INR 2.37 last year.
Rane Madras significantly increased its Q4 net profit by 470% year-on-year, reaching 370 million rupees. This marks a substantial improvement compared to the same period last year.
Despite the looming uncertainties, Rane Madras anticipates a stable growth trajectory for fiscal year 2027, thanks to robust local market demand. The company remains vigilant in assessing external risks to ensure smooth navigation through the uncertain times.
Rane Madras Limited faces an updated tax demand of INR 5.08 crore from the Bangalore IT Department, following a rectification order. The initial demand of INR 3.45 crore has been revised, now including an additional INR 1.63 crore for interest.
Rane Madras Ltd will announce their Q4 and FY 2026 audited financial results on May 6, 2026. Insider trading is suspended from March 31 to May 8, 2026, as per SEBI regulations.