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    Consumer Cyclical

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    Auto - Parts
Rane Brake Lining Limited

Rane Brake Lining Limited

RBL.NS
Rane Brake Lining LimitedIN flagNational Stock Exchange of India
745.15
INR
+0.10
- -
5.76BMarket Cap
Rane Brake Lining Limited
RBL.NS
(National Stock Exchange of India)

Recent

price

745.15

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
7,629
9,000
7,274

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
- -
- -
- -
- -
- -
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Business
Rane Brake Lining Limited, part of the Rane Group, manufactures friction materials for automotive, railway and aerospace applications; its core products include asbestos-free and asbestos brake linings, disc pads, clutch facings, clutch buttons, brake shoes and composite railway brake blocks, with sintered brake pads and organic pads for trainer aircraft also offered. Established in 1964 and headquartered in Chennai, India, at Plot No 30, II Main Road, Ambattur Industrial Estate, the company operates four manufacturing plants in Chennai, Puducherry, Hyderabad and Trichy, maintaining technical collaboration with Nisshinbo Brakes Inc., Japan, for advanced know-how in eco-friendly friction solutions. It holds domestic market leadership across commercial vehicles, passenger cars, utility vehicles, two-wheelers and railways, including as a leading supplier to Indian Railways and state transport undertakings, while exporting to 15 countries with products tailored for Indian and European commercial vehicles. In a major strategic reorganization approved by its board in February 2024, Rane Brake Lining merges with Rane Engine Valve Limited into Rane (Madras) Limited via a scheme of arrangement to simplify group structure, unlock synergies across product lines, enhance operational efficiencies and create a larger entity with combined trailing twelve-month turnover of Rs 3,373 crore as of December 2023, subject to regulatory and shareholder approvals with implementation expected within 9-12 months. The company targets tier-I automotive OEM suppliers, aftermarket replacement segments and railways, emphasizing research and development with over 400 formulations, NAO and low-steel products, a DST-approved R&D centre and advanced testing via inertia dynamometers.