Rane (Madras) Ltd. (NSE: RML, BSE: 532661) is a Chennai, Tamil Nadu-based company in the Steering and Suspension System Components industry. With a market capitalisation of ₹3,523 Cr, it ranks #984 by market cap among the 6,137 Indian listed companies on FinBizNet, and #2 of 10 in Steering and Suspension System Components. At ₹1,166.00 (as of 25 Oct 2026), the share price is 19.0% below its 52-week high of ₹1,440.00 and 91.6% above its 52-week low of ₹608.50. The share price is up 42.0% over one year and up 3.1% over three months.
| Current Price | ₹1,166.00 |
|---|---|
| Market Cap | ₹3,523 Cr |
| NSE Symbol | RML |
| BSE Code | 532661 |
| Sector | Consumer Discretionary > Automobiles and Components > Automobile Components |
| Sub-Industry | Automotive Parts and Equipment > Steering and Suspension System Components |
| P/E Ratio | 33.7 |
| Return on Equity | 15.12% |
| Return on Assets | 5.21% |
| 52-Week Range | ₹608.50 – ₹1,440.00 |
| 1-Year Price Change | +42.0% |
| 3-Month Price Change | +3.1% |
| Beta (1Y) | 1.06 |
| Dividend Yield | 1.22% |
| Headquarters | Chennai, Tamil Nadu |
| Website | ranegroup.com/rml-steering-and-linkage-business |
| Revenue | ₹1,042 Cr |
|---|---|
| Net Profit | ₹30 Cr |
| Net Margin | 2.9% |
| EPS (Basic) | ₹10.89 |
| Basis | consolidated |
Figures in ₹ crore, parsed from the company's exchange filing (XBRL).
Rane (Madras) Limited engages in the manufacture and marketing of auto components for transportation industry in India and internationally. It offers steering and suspension systems, linkage products, steering gears, aluminum high pressure die-casting products, brake components, and engine components. The company markets and sells its products to the manufacturers of passenger cars, utility vehicles, and farm tractors. It also exports its products. The company was founded in 1960 and is headquartered in Chennai, India. Rane (Madras) Limited operates as a subsidiary of Rane Holdings Limited.
1. Components for Transportation Industry-This segment manufactures steering and suspension linkage products, steering gear products, and high precision aluminum die casting products.
1. Manufacture and Supply of Auto Components for Transportation Industry-100%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| Jamna Auto Industries Ltd. | ₹5,640 Cr | 24.1 | 21.58% | ₹611 Cr | +29.4% |
| Rane (Madras) Ltd. | ₹3,523 Cr | 33.7 | 15.12% | ₹1,042 Cr | +42.0% |
| Jtekt India Ltd | ₹3,215 Cr | 41.8 | 7.44% | ₹718 Cr | -27.7% |
| Frontier Springs Ltd. | ₹1,619 Cr | 25.3 | 32.51% | — | — |
| Z.F.Steering Gear (India) Ltd | ₹630 Cr | 40.1 | 2.72% | — | -43.7% |
| Omax Autos Ltd | ₹441 Cr | 11.7 | 11.19% | ₹122 Cr | +49.7% |
| Shivam Autotech Ltd | ₹219 Cr | -2.6 | 17.68% | ₹110 Cr | -49.7% |
| Bharat Gears Limited (Nsei:Bharatgear) | ₹158 Cr | 9.3 | 13.52% | ₹216 Cr | -20.4% |
| Auto Pins (India) Ltd | ₹104 Cr | 392.9 | 3.12% | — | -16.6% |
Listed by market capitalisation. Ratios are shown for context only.
Rane (Madras) Ltd. is trading at ₹1,166.00, with a market capitalisation of ₹3,523 Cr.
Rane (Madras) Ltd. operates in the Consumer Discretionary > Automobiles and Components > Automobile Components space (Automotive Parts and Equipment > Steering and Suspension System Components).
Rane (Madras) Ltd. has a P/E of 33.7 and a return on equity of 15.12%.
Rane (Madras) Ltd. is listed on the NSE under the symbol RML and on the BSE under the scrip code 532661.
Rane (Madras) Ltd.'s share price is up 42.0% over one year and up 3.1% over three months. Its 52-week range is ₹608.50 to ₹1,440.00.
In Q1 FY27, Rane (Madras) Ltd. reported revenue of ₹1,042 Cr and net profit of ₹30 Cr, with basic EPS of ₹10.89 (consolidated, parsed from the company's exchange filing).
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.