RML

FAIRLY_VALUED

Rane (Madras) Limited

Others · NSE

9.1% vs fair value

52W Low

585

+16.3% from low

52W High

1,049

-35.2% from high

News sentiment (6 articles)
0 bull6 neutral0 bear

Valuation Gauge

FAIRLY_VALUED+9.1% Margin of Safety
OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹680

Fair Value

₹748

Fair Value Analysis

₹748

Based on free cash flow projections and balance sheet strength analysis and earnings growth potential for Others sector companies | ROCE improving (latest 19.1%) — capital allocation becoming more efficient. | Growth capped at 13.2% (ROE 11.5%×1.15) — historical CAGR exceeds sustainable rate or COVID period unverifiable. | COVID-resilient: PAT dropped from ₹2Cr (FY2019) to ₹-61Cr (FY2021) during COVID but has fully recovered.

High confidence

Cash Flow Analysis

33% weight

₹1,065

Balance Sheet Value

33% weight

₹401

Growth Valuation

33% weight

₹779

Price vs Market

RML
Nifty 50

Shareholding Pattern

Stock Health Score

B+

Financially Healthy

7.4 / 10

Profitability

8/10

ROE of 11.5% is acceptable for Others sector (benchmark: 15%)

Debt & Leverage

6/10

D/E ratio of 1.2x is manageable for Others sector (norm: 0.8x)

Valuation vs Peers

10/10

P/E of 22.7x trades at a 43% discount to Others sector median (40x) — attractively valued

Cash Flow

4/10

FCF margin of 3.9% — thin cash generation, watch capex trends

Earnings Growth

10/10

5yr EPS CAGR of 52.3% is well above the Others sector average of 12.0% — strong growth

Dividend

6/10

Dividend yield of 1.2% provides moderate shareholder returns

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

9.0%

Free cash flow / market cap

Revenue Growth (YoY)

+21.3%

Year-on-year revenue change

Operating Cash Flow

₹316 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹29.5

P/E Ratio

22.7x

P/B Ratio

2.8x

ROE

11.5%

ROCE

15.8%

Debt / Equity

1.22x

Beta

0.18

Div Yield

1.2%

FCF (Cr)

₹131 Cr

Revenue (Cr)

₹3,365 Cr

EPS Growth 5Y

52.3%

Mkt Cap (Cr)

₹1,850 Cr

52W High

₹1,049

52W Low

₹585

Book Value/Share

₹242.2

Financial History

PeriodRevenueOp ProfitOPM%PATEPS
TTM₹3.7K Cr₹323 Cr9.0%₹77 Cr₹29.52
2025-03-31₹3.4K Cr₹284 Cr8.0%₹38 Cr₹23.15
2024-03-31₹3.5K Cr₹270 Cr8.0%₹55 Cr₹33.67
2023-03-31₹2.4K Cr₹184 Cr8.0%₹30 Cr₹18.46
2022-03-31₹1.7K Cr₹75 Cr4.0%₹11 Cr₹6.55
2021-03-31₹1.3K Cr₹31 Cr2.0%₹-61 Cr₹-41.98
2020-03-31₹1.3K Cr₹47 Cr4.0%₹-46 Cr₹-36.26
2019-03-31₹1.6K Cr₹117 Cr8.0%₹2 Cr₹2.02
2018-03-31₹1.4K Cr₹127 Cr9.0%₹24 Cr₹20.87
2017-03-31₹1.2K Cr₹89 Cr7.0%₹4 Cr₹4.11
2016-03-31₹876 Cr₹79 Cr9.0%₹13 Cr₹12.05

Compounded Growth Rates

Sales Growth

3Y+16.4%
5Y+24.0%
10Y+15.5%

Profit Growth

3Y+36.9%
5Y
10Y+19.5%

EPS Growth

3Y+16.9%
5Y
10Y+9.4%

Peer Comparison

Others
StockPriceFair ValueMoS%P/EROESignal

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₹132₹657.4+79.9%5.144.2%UNDERVALUED

Credo Brands Marketing Limited

₹72.9₹314.3+76.8%10.216.4%UNDERVALUED

Heads UP Ventures Limited

₹7₹28.8+75.7%3.7UNDERVALUED

Jindal Drilling And Industries Limited

₹485.4₹1,838.1+73.6%5.913.3%UNDERVALUED

Shanti Gold International Limited

₹174₹628+72.3%9.523.6%UNDERVALUED

Shankara Building Products Limited

₹120.9₹417.1+71.0%3.815.9%UNDERVALUED

Ksolves India Limited

₹289₹944.6+69.4%22.2114.6%UNDERVALUED

SEDEMAC Mechatronics Limited

₹1,672.5₹5,216+67.9%142.920.2%UNDERVALUED

Institutional Activity

Bulk deals, block deals, short selling & delivery volume — NSE data

Insider Trading

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