Rane Brake Lining Limited

Rane Brake Lining Limited

RBL.BO
Rane Brake Lining LimitedIN flagBombay Stock Exchange
744.00
INR
-0.55
- -
5.75BMarket Cap
Rane Brake Lining Limited
RBL.BO
(Bombay Stock Exchange)

Recent

price

744.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
265.21
299.42
386.41
453.79
475.6
485.29
526.1
566.55
587.7
611.85
649.39
595.03
535.37
651.33
772.24
852.99
910.13
Revenue per Share
4.01
12.78
19.32
20.45
11.5
21.74
20.35
32.55
44.13
45.25
46.24
43.47
40.25
35.02
43.29
52.11
57.89
Basic EPS, GAAP
5.99
29.37
-18.42
-0.09
-2.78
24.11
50.54
56.17
33.62
40.51
22.63
44.44
43.1
-9.34
30.26
-3.3
- -
Free Cash Flow per Basic Share
- -
- -
- -
6.97
5.79
2.31
8.81
20.44
7.23
18.7
18.7
18.08
11.03
24.99
20
24.99
- -
Dividend per Share
10
10.03
9.99
52.19
57.89
68.67
18.42
21.79
58.47
65.89
67.47
63.61
90.27
101.99
117.78
87.4
- -
Book Value per Share
92.49
96.5
109.6
121.87
128.5
141.58
153.56
173.8
210.54
233.3
262.18
287.89
300.35
313.6
337.22
362.79
- -
Tangible Book Value per Share
7
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
Basic Weighted Avg Shares
1,913
2,363
3,058
3,592
3,764
3,841
4,164
4,484
4,652
4,834
5,130
4,701
4,229
5,035
5,969
6,594
7,036
Sales/Revenue/Turnover
5.47
8.15
7.88
6.77
4.61
5.99
6.26
8.36
11.78
11.22
9.36
8.49
11.07
6.65
7.25
8.19
8.44
Operating Margin (%)
108
109
124
151
179
182
210
189
195
217
242
263
244
214
200
218
245
Depreciation Expense
29
101
153
162
91
172
161
258
349
358
365
343
318
271
335
403
448
Net Income, GAAP
33.07
32.45
22.27
26.07
16.67
- -
21.8
27.4
18.2
34.87
25.92
23.14
32.25
21.92
24.94
26
26.11
Effective Tax Rate (%)
1.51
4.27
5
4.51
2.42
4.48
3.87
5.74
7.51
7.4
7.12
7.31
7.52
5.38
5.61
6.11
6.36
Profit Margin (%)
415
347
185
239
102
83
160
332
366
597
745
823
1,082
1,141
1,300
1,417
- -
Working Capital
623
446
378
477
453
275
105
47
- -
- -
- -
2
2
1
1
5
- -
LT Debt
667
762
868
966
1,020
1,123
1,217
1,377
1,668
1,882
2,098
2,288
2,377
2,428
2,612
2,811
- -
Total Equity
5.55
10.42
15.26
12.62
8.6
- -
12.34
16.92
26.78
19.8
18.11
14.25
13.79
10.99
13.07
14.94
- -
Return on Invested Capital (%)
10.41
21.33
38.15
28.14
8.1
- -
22.88
58.96
71.73
68.62
69.77
65.94
52.19
35.94
39.34
50.56
523.59
Return on Capital (%)
40.11
133.34
193.24
65.79
20.89
34.36
46.74
161.86
109.96
72.71
69.35
66.33
52.32
36.06
39.39
50.79
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
- -
25
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
5
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
8
- -
Market Capitalization
7,350
8,828
7,287

Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
- -
2,579
- -
Cash, Cash Equivalents & STI
- -
18
- -
Accounts Receivable, Net
- -
1,337
- -
Inventories
- -
1,145
- -
Total Current Liabilities
- -
1,204
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
25
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.73%
6.06%
7.62%
Free Cash Flow
-50.59%
-112.54%
-110.9%
Net Income, GAAP
10.94%
3.14%
20.38%
Sales/Revenue/Turnover
5.95%
5.93%
10.46%
Total Cash Common Dividend
- -
16.89%
24.97%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1,393
1,412
1,533
1,630
5,969
2024
1,523
1,580
1,642
1,847
6,594
2025
1,599
1,736
1,853
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
7.49
8.38
11.87
- -
43.29
2024
6.7
12.41
13.09
- -
52.11
2025
11.42
14.31
12.25
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
20
2024
- -
- -
- -
- -
24.99
2025
- -
- -
- -
- -
- -
Business
Rane Brake Lining Limited operates as a prominent manufacturer and supplier of critical friction materials for the automotive and railway sectors, serving both original equipment manufacturers and the aftermarket in India and globally. The company's diverse product portfolio encompasses brake linings, disc pads, clutch facings, clutch buttons, brake shoes, and railway brake blocks, tailored for a broad range of applications including passenger cars, utility vehicles, commercial vehicles, two-wheelers, and railways. Established in 1964, Rane Brake Lining Limited has grown to become a market leader within India's friction material industry, maintaining significant market shares in both OEM and aftermarket segments. The company leverages technological collaboration with global leaders such as Nisshinbo Brakes Inc., Japan, to enhance its product development and quality. With its headquarters located in Chennai, India, the company operates multiple manufacturing facilities across the country. In recent developments, an amalgamation scheme was sanctioned in March 2025 by the National Company Law Tribunal, combining Rane Brake Lining Limited with Rane Engine Valve Limited into Rane (Madras) Limited, with an effective date in April 2025. This strategic move is expected to bring operational and financial synergies. The company continually focuses on innovation, with an extensive library of formulations and rigorous testing to meet evolving customer demands and international regulatory standards.Rane Brake Lining Limited functions as a leading producer and vendor of essential friction materials for both the automotive and railway industries, catering to original equipment manufacturers and the aftermarket across India and internationally. The enterprise provides an extensive array of products, including brake linings, disc pads, clutch facings, clutch buttons, brake shoes, and railway brake blocks, designed for diverse vehicles such as passenger cars, utility vehicles, commercial vehicles, two-wheelers, and railway systems. Founded in 1964 and headquartered in Chennai, India, Rane Brake Lining Limited has emerged as a significant player in the Indian friction material market, holding substantial shares within the OEM and aftermarket sectors. The company benefits from a technical alliance with global innovators like Nisshinbo Brakes Inc., Japan, which supports its advanced product development and stringent quality benchmarks. Its operations are supported by several manufacturing facilities strategically located throughout India. A notable recent event includes the sanctioning of an amalgamation scheme in March 2025 by the National Company Law Tribunal, which involves Rane Brake Lining Limited and Rane Engine Valve Limited merging into Rane (Madras) Limited, with the scheme becoming effective in April 2025. This strategic integration is anticipated to generate operational and financial benefits. The company maintains a strong commitment to innovation, utilizing a vast repository of formulations and thorough testing protocols to consistently address changing customer requirements and comply with global regulatory standards.