Rane Holdings Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 24, 2025, 9:05 pm

Market Cap	1,945 Cr.
Current Price	1,364
High / Low	2,576/1,068
Stock P/E	25.2
Book Value	747
Dividend Yield	1.83 %
ROCE	13.0 %
ROE	20.7 %
Face Value	10.0
PEG Ratio	0.13

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Rane Holdings Ltd

Competitors of Rane Holdings Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
MKVentures Capital Ltd	609 Cr.	1,584	2,800/1,151	29.6	267	0.06 %	20.6 %	33.6 %	10.0
Modern Shares & Stockbrokers Ltd	12.8 Cr.	43.7	69.4/39.5	36.6	43.9	0.00 %	4.33 %	3.24 %	10.0
Monarch Networth Capital Ltd	2,582 Cr.	330	501/226	16.6	93.0	0.15 %	51.8 %	43.4 %	10.0
Monotype India Ltd	55.5 Cr.	0.79	2.42/0.67	6.95	0.13	0.00 %	438 %	%	1.00
Multipurpose Trading & Agencies Ltd	4.92 Cr.	9.95	13.3/7.93	25.9	10.2	0.00 %	4.44 %	3.91 %	10.0
Industry Average	6,429.10 Cr	1,437.10		89.57	5,265.37	0.34%	18.78%	17.28%	7.38

All Competitor Stocks of Rane Holdings Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	681.44	783.38	817.14	879.29	874.25	937.65	894.46	928.13	837.04	870.19	830.85	916.50	1,240.56
Expenses	648.13	741.28	763.10	816.95	796.41	876.74	816.78	857.86	746.85	786.85	757.63	835.27	1,162.41
Operating Profit	33.31	42.10	54.04	62.34	77.84	60.91	77.68	70.27	90.19	83.34	73.22	81.23	78.15
OPM %	4.89%	5.37%	6.61%	7.09%	8.90%	6.50%	8.68%	7.57%	10.77%	9.58%	8.81%	8.86%	6.30%
Other Income	27.01	7.86	18.32	16.68	39.71	-0.47	-6.25	-63.87	18.97	13.71	10.37	221.71	12.93
Interest	9.61	8.15	8.43	10.62	13.72	17.05	18.56	17.12	18.28	17.38	17.45	19.92	24.46
Depreciation	32.24	33.42	33.27	32.93	35.63	39.90	35.35	34.95	32.10	34.60	33.49	35.12	47.49
Profit before tax	18.47	8.39	30.66	35.47	68.20	3.49	17.52	-45.67	58.78	45.07	32.65	247.90	19.13
Tax %	42.83%	252.21%	32.81%	34.25%	24.56%	330.95%	30.94%	-211.82%	18.29%	14.78%	40.28%	25.21%	77.94%
Net Profit	10.56	-12.77	20.60	23.32	51.45	-8.06	12.10	51.07	48.03	38.41	19.50	185.40	4.22
EPS in Rs	6.74	-13.10	14.04	14.08	28.69	-13.20	8.94	28.46	27.29	21.99	9.19	124.44	2.27

Last Updated: February 28, 2025, 5:32 pm

Below is a detailed analysis of the quarterly data for Rane Holdings Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 1,240.56 Cr.. The value appears strong and on an upward trend. It has increased from 916.50 Cr. (Sep 2024) to 1,240.56 Cr., marking an increase of 324.06 Cr..
For Expenses, as of Dec 2024, the value is 1,162.41 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 835.27 Cr. (Sep 2024) to 1,162.41 Cr., marking an increase of 327.14 Cr..
For Operating Profit, as of Dec 2024, the value is 78.15 Cr.. The value appears to be declining and may need further review. It has decreased from 81.23 Cr. (Sep 2024) to 78.15 Cr., marking a decrease of 3.08 Cr..
For OPM %, as of Dec 2024, the value is 6.30%. The value appears to be declining and may need further review. It has decreased from 8.86% (Sep 2024) to 6.30%, marking a decrease of 2.56%.
For Other Income, as of Dec 2024, the value is 12.93 Cr.. The value appears to be declining and may need further review. It has decreased from 221.71 Cr. (Sep 2024) to 12.93 Cr., marking a decrease of 208.78 Cr..
For Interest, as of Dec 2024, the value is 24.46 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 19.92 Cr. (Sep 2024) to 24.46 Cr., marking an increase of 4.54 Cr..
For Depreciation, as of Dec 2024, the value is 47.49 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 35.12 Cr. (Sep 2024) to 47.49 Cr., marking an increase of 12.37 Cr..
For Profit before tax, as of Dec 2024, the value is 19.13 Cr.. The value appears to be declining and may need further review. It has decreased from 247.90 Cr. (Sep 2024) to 19.13 Cr., marking a decrease of 228.77 Cr..
For Tax %, as of Dec 2024, the value is 77.94%. The value appears to be increasing, which may not be favorable. It has increased from 25.21% (Sep 2024) to 77.94%, marking an increase of 52.73%.
For Net Profit, as of Dec 2024, the value is 4.22 Cr.. The value appears to be declining and may need further review. It has decreased from 185.40 Cr. (Sep 2024) to 4.22 Cr., marking a decrease of 181.18 Cr..
For EPS in Rs, as of Dec 2024, the value is 2.27. The value appears to be declining and may need further review. It has decreased from 124.44 (Sep 2024) to 2.27, marking a decrease of 122.17.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 7:03 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	1,938	1,928	2,211	2,407	2,258	2,345	2,553	2,159	2,038	2,695	3,511	3,537	3,858
Expenses	1,765	1,729	1,988	2,174	2,023	2,101	2,318	2,013	1,951	2,519	3,190	3,208	3,542
Operating Profit	173	198	223	233	235	244	236	146	88	176	321	329	316
OPM %	9%	10%	10%	10%	10%	10%	9%	7%	4%	7%	9%	9%	8%
Other Income	22	-34	62	36	176	155	136	23	41	61	9	-45	259
Interest	40	43	47	45	44	46	50	51	40	34	50	71	79
Depreciation	79	84	106	114	106	118	126	128	120	129	142	137	151
Profit before tax	77	38	133	109	261	235	195	-10	-31	74	138	76	345
Tax %	36%	-20%	28%	29%	30%	37%	41%	5%	93%	52%	37%	-98%
Net Profit	49	47	97	79	182	149	116	-10	-60	35	87	150	248
EPS in Rs	26.88	30.42	49.69	45.90	93.41	91.25	72.65	-1.91	-35.42	16.91	43.61	86.69	157.89
Dividend Payout %	30%	21%	15%	22%	9%	16%	26%	-420%	0%	71%	39%	29%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-4.08%	106.38%	-18.56%	130.38%	-18.13%	-22.15%	-108.62%	-500.00%	158.33%	148.57%	72.41%
Change in YoY Net Profit Growth (%)	0.00%	110.46%	-124.94%	148.94%	-148.51%	-4.02%	-86.47%	-391.38%	658.33%	-9.76%	-76.16%

Rane Holdings Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	6%
5 Years:	7%
3 Years:	20%
TTM:	7%

Compounded Profit Growth
10 Years:	9%
5 Years:	10%
3 Years:	66%
TTM:	-41%

Stock Price CAGR
10 Years:	9%
5 Years:	29%
3 Years:	29%
1 Year:	6%

Return on Equity
10 Years:	8%
5 Years:	5%
3 Years:	11%
Last Year:	21%

Last Updated: Unknown

Balance Sheet

Last Updated: March 14, 2025, 2:58 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	14	14	14	14	14	14	14	14	14	14	14	14	14
Reserves	437	464	530	576	699	790	851	808	750	762	794	892	1,052
Borrowings	385	429	470	596	459	501	577	633	672	788	866	853	1,101
Other Liabilities	535	532	636	703	670	773	778	708	834	896	914	885	1,274
Total Liabilities	1,371	1,439	1,649	1,889	1,842	2,078	2,221	2,163	2,271	2,460	2,588	2,645	3,441
Fixed Assets	707	745	809	980	780	805	798	806	801	843	866	799	1,157
CWIP	41	30	55	21	32	28	33	52	34	28	38	45	64
Investments	17	26	32	28	307	347	387	369	379	353	345	373	321
Other Assets	606	638	753	860	722	897	1,003	937	1,056	1,236	1,339	1,428	1,899
Total Assets	1,371	1,439	1,649	1,889	1,842	2,078	2,221	2,163	2,271	2,460	2,588	2,645	3,441

Below is a detailed analysis of the balance sheet data for Rane Holdings Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹14.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 14.00 Cr..
For Reserves, as of Sep 2024, the value is ₹1,052.00 Cr.. The value appears strong and on an upward trend. It has increased from 892.00 Cr. (Mar 2024) to ₹1,052.00 Cr., marking an increase of 160.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹1,101.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 853.00 Cr. (Mar 2024) to ₹1,101.00 Cr., marking an increase of 248.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹1,274.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 885.00 Cr. (Mar 2024) to ₹1,274.00 Cr., marking an increase of 389.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹3,441.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,645.00 Cr. (Mar 2024) to ₹3,441.00 Cr., marking an increase of 796.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹1,157.00 Cr.. The value appears strong and on an upward trend. It has increased from 799.00 Cr. (Mar 2024) to ₹1,157.00 Cr., marking an increase of 358.00 Cr..
For CWIP, as of Sep 2024, the value is ₹64.00 Cr.. The value appears strong and on an upward trend. It has increased from 45.00 Cr. (Mar 2024) to ₹64.00 Cr., marking an increase of 19.00 Cr..
For Investments, as of Sep 2024, the value is ₹321.00 Cr.. The value appears to be declining and may need further review. It has decreased from 373.00 Cr. (Mar 2024) to ₹321.00 Cr., marking a decrease of 52.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹1,899.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,428.00 Cr. (Mar 2024) to ₹1,899.00 Cr., marking an increase of 471.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹3,441.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,645.00 Cr. (Mar 2024) to ₹3,441.00 Cr., marking an increase of 796.00 Cr..

However, the Borrowings (1,101.00 Cr.) are higher than the Reserves (₹1,052.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	208	128	198	174	160	132	110	180	132	15	186	233
Cash from Investing Activity +	-121	-111	-120	-157	-26	-66	-87	-124	-96	-114	-152	-105
Cash from Financing Activity +	-84	-17	-80	-20	-129	-50	-16	-33	-36	65	-14	-138
Net Cash Flow	3	0	-2	-3	5	16	7	24	0	-34	20	-9

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-212.00	-231.00	-247.00	-363.00	-224.00	-257.00	-341.00	-487.00	-584.00	-612.00	-545.00	-524.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	51	58	59	65	58	71	69	61	87	78	67	62
Inventory Days	65	67	70	71	76	76	82	104	99	100	85	82
Days Payable	83	89	88	101	115	122	103	116	163	125	94	82
Cash Conversion Cycle	34	35	40	35	18	25	47	49	23	53	57	62
Working Capital Days	26	21	25	30	27	37	42	49	47	60	57	57
ROCE %	12%	13%	12%	11%	17%	18%	16%	3%	-1%	4%	11%	13%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	46.57%	46.57%	46.58%	46.58%	46.58%	46.58%	46.58%	46.58%	46.58%	46.58%	46.55%	46.55%
FIIs	0.36%	0.43%	0.58%	0.54%	0.50%	0.47%	0.39%	0.41%	0.40%	0.49%	0.92%	0.85%
DIIs	3.65%	3.49%	1.93%	1.91%	1.54%	1.54%	2.02%	1.70%	1.59%	1.77%	3.14%	3.81%
Public	49.42%	49.50%	50.92%	50.97%	51.38%	51.41%	51.02%	51.31%	51.43%	51.17%	49.38%	48.78%
No. of Shareholders	18,576	17,085	15,328	14,844	14,364	14,101	14,236	14,145	14,132	14,277	15,415	15,911

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Bandhan Transportation and Logistics Fund	50,000	1.78	6.48	50,000	2025-04-22 17:25:22	0%
Bandhan Small Cap Fund	17,911	0.07	2.32	17,911	2025-04-22 17:25:22	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	86.67	43.61	16.91	-35.42	-2.00
Diluted EPS (Rs.)	86.67	43.61	16.91	-35.42	-2.00
Cash EPS (Rs.)	160.46	161.04	119.93	61.17	46.37
Book Value[Excl.RevalReserv]/Share (Rs.)	818.85	735.96	704.16	690.21	737.22
Book Value[Incl.RevalReserv]/Share (Rs.)	818.85	735.96	704.16	690.21	737.22
Revenue From Operations / Share (Rs.)	2471.86	2456.81	1874.87	1425.32	1509.27
PBDIT / Share (Rs.)	235.04	244.12	142.21	93.72	119.69
PBIT / Share (Rs.)	139.10	144.87	51.98	9.44	30.40
PBT / Share (Rs.)	12.77	97.16	56.68	-2.80	-42.59
Net Profit / Share (Rs.)	64.52	61.78	29.70	-23.12	-42.93
NP After MI And SOA / Share (Rs.)	86.67	43.61	16.90	-35.41	-1.90
PBDIT Margin (%)	9.50	9.93	7.58	6.57	7.93
PBIT Margin (%)	5.62	5.89	2.77	0.66	2.01
PBT Margin (%)	0.51	3.95	3.02	-0.19	-2.82
Net Profit Margin (%)	2.61	2.51	1.58	-1.62	-2.84
NP After MI And SOA Margin (%)	3.50	1.77	0.90	-2.48	-0.12
Return on Networth / Equity (%)	13.65	7.70	3.10	-6.61	-0.33
Return on Capital Employeed (%)	12.94	14.23	5.29	0.98	3.18
Return On Assets (%)	4.67	2.40	0.97	-2.21	-0.12
Long Term Debt / Equity (X)	0.33	0.41	0.41	0.40	0.31
Total Debt / Equity (X)	0.90	1.06	1.00	0.70	0.65
Asset Turnover Ratio (%)	1.35	0.07	0.06	0.04	0.07
Current Ratio (X)	1.09	1.09	1.03	0.99	0.96
Quick Ratio (X)	0.70	0.70	0.65	0.69	0.59
Inventory Turnover Ratio (X)	4.68	0.00	0.00	0.00	0.00
Dividend Payout Ratio (NP) (%)	19.60	27.50	0.00	0.00	-791.17
Dividend Payout Ratio (CP) (%)	9.30	8.39	0.00	0.00	17.24
Earning Retention Ratio (%)	80.40	72.50	0.00	0.00	891.17
Cash Earning Retention Ratio (%)	90.70	91.61	0.00	0.00	82.76
Interest Coverage Ratio (X)	4.70	7.00	5.94	3.37	3.35
Interest Coverage Ratio (Post Tax) (X)	3.82	3.14	1.04	-0.39	0.84
Enterprise Value (Cr.)	2598.47	2279.83	1817.88	1537.05	1175.15
EV / Net Operating Revenue (X)	0.73	0.64	0.67	0.75	0.54
EV / EBITDA (X)	7.74	6.54	8.95	11.48	6.88
MarketCap / Net Operating Revenue (X)	0.43	0.35	0.31	0.41	0.21
Retention Ratios (%)	80.39	72.49	0.00	0.00	891.17
Price / BV (X)	1.71	1.52	1.08	1.10	0.57
Price / Net Operating Revenue (X)	0.43	0.35	0.31	0.41	0.21
EarningsYield	0.07	0.05	0.02	-0.05	-0.01

After reviewing the key financial ratios for Rane Holdings Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 86.67. This value is within the healthy range. It has increased from 43.61 (Mar 23) to 86.67, marking an increase of 43.06.
For Diluted EPS (Rs.), as of Mar 24, the value is 86.67. This value is within the healthy range. It has increased from 43.61 (Mar 23) to 86.67, marking an increase of 43.06.
For Cash EPS (Rs.), as of Mar 24, the value is 160.46. This value is within the healthy range. It has decreased from 161.04 (Mar 23) to 160.46, marking a decrease of 0.58.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 818.85. It has increased from 735.96 (Mar 23) to 818.85, marking an increase of 82.89.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 818.85. It has increased from 735.96 (Mar 23) to 818.85, marking an increase of 82.89.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 2,471.86. It has increased from 2,456.81 (Mar 23) to 2,471.86, marking an increase of 15.05.
For PBDIT / Share (Rs.), as of Mar 24, the value is 235.04. This value is within the healthy range. It has decreased from 244.12 (Mar 23) to 235.04, marking a decrease of 9.08.
For PBIT / Share (Rs.), as of Mar 24, the value is 139.10. This value is within the healthy range. It has decreased from 144.87 (Mar 23) to 139.10, marking a decrease of 5.77.
For PBT / Share (Rs.), as of Mar 24, the value is 12.77. This value is within the healthy range. It has decreased from 97.16 (Mar 23) to 12.77, marking a decrease of 84.39.
For Net Profit / Share (Rs.), as of Mar 24, the value is 64.52. This value is within the healthy range. It has increased from 61.78 (Mar 23) to 64.52, marking an increase of 2.74.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 86.67. This value is within the healthy range. It has increased from 43.61 (Mar 23) to 86.67, marking an increase of 43.06.
For PBDIT Margin (%), as of Mar 24, the value is 9.50. This value is below the healthy minimum of 10. It has decreased from 9.93 (Mar 23) to 9.50, marking a decrease of 0.43.
For PBIT Margin (%), as of Mar 24, the value is 5.62. This value is below the healthy minimum of 10. It has decreased from 5.89 (Mar 23) to 5.62, marking a decrease of 0.27.
For PBT Margin (%), as of Mar 24, the value is 0.51. This value is below the healthy minimum of 10. It has decreased from 3.95 (Mar 23) to 0.51, marking a decrease of 3.44.
For Net Profit Margin (%), as of Mar 24, the value is 2.61. This value is below the healthy minimum of 5. It has increased from 2.51 (Mar 23) to 2.61, marking an increase of 0.10.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 3.50. This value is below the healthy minimum of 8. It has increased from 1.77 (Mar 23) to 3.50, marking an increase of 1.73.
For Return on Networth / Equity (%), as of Mar 24, the value is 13.65. This value is below the healthy minimum of 15. It has increased from 7.70 (Mar 23) to 13.65, marking an increase of 5.95.
For Return on Capital Employeed (%), as of Mar 24, the value is 12.94. This value is within the healthy range. It has decreased from 14.23 (Mar 23) to 12.94, marking a decrease of 1.29.
For Return On Assets (%), as of Mar 24, the value is 4.67. This value is below the healthy minimum of 5. It has increased from 2.40 (Mar 23) to 4.67, marking an increase of 2.27.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.33. This value is within the healthy range. It has decreased from 0.41 (Mar 23) to 0.33, marking a decrease of 0.08.
For Total Debt / Equity (X), as of Mar 24, the value is 0.90. This value is within the healthy range. It has decreased from 1.06 (Mar 23) to 0.90, marking a decrease of 0.16.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.35. It has increased from 0.07 (Mar 23) to 1.35, marking an increase of 1.28.
For Current Ratio (X), as of Mar 24, the value is 1.09. This value is below the healthy minimum of 1.5. There is no change compared to the previous period (Mar 23) which recorded 1.09.
For Quick Ratio (X), as of Mar 24, the value is 0.70. This value is below the healthy minimum of 1. There is no change compared to the previous period (Mar 23) which recorded 0.70.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 4.68. This value is within the healthy range. It has increased from 0.00 (Mar 23) to 4.68, marking an increase of 4.68.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 19.60. This value is below the healthy minimum of 20. It has decreased from 27.50 (Mar 23) to 19.60, marking a decrease of 7.90.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 9.30. This value is below the healthy minimum of 20. It has increased from 8.39 (Mar 23) to 9.30, marking an increase of 0.91.
For Earning Retention Ratio (%), as of Mar 24, the value is 80.40. This value exceeds the healthy maximum of 70. It has increased from 72.50 (Mar 23) to 80.40, marking an increase of 7.90.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 90.70. This value exceeds the healthy maximum of 70. It has decreased from 91.61 (Mar 23) to 90.70, marking a decrease of 0.91.
For Interest Coverage Ratio (X), as of Mar 24, the value is 4.70. This value is within the healthy range. It has decreased from 7.00 (Mar 23) to 4.70, marking a decrease of 2.30.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 3.82. This value is within the healthy range. It has increased from 3.14 (Mar 23) to 3.82, marking an increase of 0.68.
For Enterprise Value (Cr.), as of Mar 24, the value is 2,598.47. It has increased from 2,279.83 (Mar 23) to 2,598.47, marking an increase of 318.64.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.73. This value is below the healthy minimum of 1. It has increased from 0.64 (Mar 23) to 0.73, marking an increase of 0.09.
For EV / EBITDA (X), as of Mar 24, the value is 7.74. This value is within the healthy range. It has increased from 6.54 (Mar 23) to 7.74, marking an increase of 1.20.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.43. This value is below the healthy minimum of 1. It has increased from 0.35 (Mar 23) to 0.43, marking an increase of 0.08.
For Retention Ratios (%), as of Mar 24, the value is 80.39. This value exceeds the healthy maximum of 70. It has increased from 72.49 (Mar 23) to 80.39, marking an increase of 7.90.
For Price / BV (X), as of Mar 24, the value is 1.71. This value is within the healthy range. It has increased from 1.52 (Mar 23) to 1.71, marking an increase of 0.19.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.43. This value is below the healthy minimum of 1. It has increased from 0.35 (Mar 23) to 0.43, marking an increase of 0.08.
For EarningsYield, as of Mar 24, the value is 0.07. This value is below the healthy minimum of 5. It has increased from 0.05 (Mar 23) to 0.07, marking an increase of 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Rane Holdings Ltd as of April 25, 2025 is: 3,174.37

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 25, 2025, Rane Holdings Ltd is Undervalued by 132.73% compared to the current share price 1,364.00

Intrinsic Value of Rane Holdings Ltd as of April 25, 2025 is: 9,106.61

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 25, 2025, Rane Holdings Ltd is Undervalued by 567.64% compared to the current share price 1,364.00

Last 5 Year EPS CAGR: 186.88%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (723.46 cr) compared to borrowings (640.77 cr), indicating strong financial stability. The company has shown consistent growth in sales (2.08 cr) and profit (126.15 cr) over the years.	The stock has a low average ROCE of 10.75%, which may not be favorable. The stock has a high average Working Capital Days of 39.83, which may not be favorable. The stock has a high average Cash Conversion Cycle of 39.83, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Rane Holdings Ltd:
1. Net Profit Margin: 2.61%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 12.94% (Industry Average ROCE: 18.53%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 13.65% (Industry Average ROE: 15.78%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 3.82
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.7
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 25.2 (Industry average Stock P/E: 67.93)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.9
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Rane Holdings Ltd. is a Public Limited Listed company incorporated on 03/03/1936 and has its registered office in the State of Tamil Nadu, India. Company's Corporate Identification Number(CIN) is L35999TN1936PLC002202 and registration number is 002202. Currently Company is involved in the business activities of Leasing of nonfinancial intangible assets. Company's Total Operating Revenue is Rs. 146.86 Cr. and Equity Capital is Rs. 14.28 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Holding Company	�Maithri�, Chennai (Madras) Tamil Nadu 600086	investorservices@ranegroup.com http://www.ranegroup.com

Management
Name	Position Held
Mr. L Lakshman	Chairman Emeritus
Mr. L Ganesh	Chairman & Managing Director
Mr. Harish Lakshman	Vice Chairman & Jt Manag. Dir.
Dr. Brinda Jagirdar	Director
Dr. V Sumantran	Director
Mr. Rajeev Gupta	Director
Mr. Pradip Kumar Bishnoi	Director

FAQ

What is the intrinsic value of Rane Holdings Ltd?

Rane Holdings Ltd's intrinsic value (as of 25 April 2025) is ₹3174.37 — 132.73% higher the current market price of 1,364.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 1,945 Cr. market cap, FY2025-2026 high/low of ₹2,576/1,068, reserves of 1,052 Cr, and liabilities of 3,441 Cr.

What is the Market Cap of Rane Holdings Ltd?

The Market Cap of Rane Holdings Ltd is 1,945 Cr..

What is the current Stock Price of Rane Holdings Ltd as on 25 April 2025?

The current stock price of Rane Holdings Ltd as on 25 April 2025 is 1,364.

What is the High / Low of Rane Holdings Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Rane Holdings Ltd stocks is ₹2,576/1,068.

What is the Stock P/E of Rane Holdings Ltd?

The Stock P/E of Rane Holdings Ltd is 25.2.

What is the Book Value of Rane Holdings Ltd?

The Book Value of Rane Holdings Ltd is 747.

What is the Dividend Yield of Rane Holdings Ltd?

The Dividend Yield of Rane Holdings Ltd is 1.83 %.

What is the ROCE of Rane Holdings Ltd?

The ROCE of Rane Holdings Ltd is 13.0 %.

What is the ROE of Rane Holdings Ltd?

The ROE of Rane Holdings Ltd is 20.7 %.

What is the Face Value of Rane Holdings Ltd?

The Face Value of Rane Holdings Ltd is 10.0.