---
title: "Rane Engine Valve Ltd (Merged) (RANEENGINE) — Share Price, Financials & Analysis"
symbol: "RANEENGINE"
company: "Rane Engine Valve Ltd (Merged)"
canonical: "https://tapetide.com/stocks/RANEENGINE"
isin: "INE222J01013"
nse_symbol: "RANEENGINE"
bse_code: "532988"
sector: "Consumer Discretionary"
industry: "Auto Components"
generated_at: "2026-09-13T19:03:01.128Z"
---

# Rane Engine Valve Ltd (Merged) (RANEENGINE)

Canonical page: https://tapetide.com/stocks/RANEENGINE

## Company

- **NSE Symbol:** RANEENGINE
- **BSE Code:** 532988
- **ISIN:** INE222J01013
- **Sector:** Consumer Discretionary
- **Industry:** Auto Components
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2008-06-24
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** ranegroup.com

## About

Incorporated in 1959, Rane Engine Valve Ltd manufactures components for the internal combustion engine applicable for stationary
and transportation engine applications[1]

## Latest Price

- **Price:** ₹317.75
- **Change:** 0 (0%)
- **Open:** ₹322.5
- **Day High:** ₹324.45
- **Day Low:** ₹310.55
- **Previous Close:** ₹317.75
- **Volume:** 0
- **As Of:** 2025-04-21T10:29:39+00:00

## Key Insights

### Weaknesses

- Company has a low return on equity of 0.01% over last 3 years.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -83% | 37% | 26% |
| revenue growth | 2% | 23% | 6% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | 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 | 108.72 | 114.91 | 122.89 | 124.06 | 135.71 | 138.01 | 142.5 | 136.42 | 149.82 | 137.12 | 147.37 | 131.25 |
| Expenses | 99.55 | 111.65 | 115.06 | 116.78 | 119.92 | 127.4 | 134.5 | 124.63 | 133.49 | 130.34 | 130.76 | 120.79 |
| Operating Profit | 9.17 | 3.26 | 7.83 | 7.28 | 15.79 | 10.61 | 8 | 11.79 | 16.33 | 6.78 | 16.61 | 10.46 |
| OPM % | 8.43 | 2.84 | 6.37 | 5.87 | 11.64 | 7.69 | 5.61 | 8.64 | 10.9 | 4.94 | 11.27 | 7.97 |
| Other Income | 0.77 | -0.95 | -0.71 | -1.77 | -1.18 | -0.61 | 1.12 | 0.49 | -2.83 | 4.15 | -0.1 | -0.43 |
| Interest | 2.12 | 1.94 | 2.53 | 2.8 | 2.84 | 2.79 | 2.47 | 2.47 | 2.46 | 2.59 | 2.82 | 2.9 |
| Depreciation | 4.91 | 4.85 | 4.65 | 4.71 | 5.07 | 4.69 | 4.64 | 4.69 | 5 | 4.85 | 4.85 | 4.8 |
| Profit before tax | 2.91 | -4.48 | -0.06 | -2 | 6.7 | 2.52 | 2.01 | 5.12 | 6.04 | 3.49 | 8.84 | 2.33 |
| Tax % | 100.34 | -30.58 | -33.33 | -11.5 | 27.46 | 30.95 | 26.37 | 31.64 | 21.52 | 31.52 | 35.18 | 480.26 |
| Net Profit | -0.01 | -3.11 | -0.04 | -1.77 | 4.86 | 1.74 | 1.48 | 3.5 | 4.74 | 2.39 | 5.73 | -8.86 |
| EPS in Rs | -0.01 | -4.64 | -0.06 | -2.64 | 6.85 | 2.42 | 2.06 | 4.86 | 6.58 | 3.32 | 7.96 | -12.31 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 344 | 355 | 375 | 423 | 355 | 302 | 382 | 498 | 567 | 566 |
| Expenses | 340 | 331 | 361 | 404 | 344 | 305 | 368 | 463 | 519 | 515 |
| Operating Profit | 4 | 24 | 14 | 19 | 11 | -3 | 14 | 35 | 47 | 50 |
| OPM % | 1.2 | 7 | 3.8 | 4.4 | 3.1 | -1.1 | 3.7 | 7 | 8 | 9 |
| Other Income | 20 | 92 | 2 | 2 | 3 | 25 | -1 | -5 | -2 | 1 |
| Interest | 15 | 10 | 8 | 11 | 11 | 9 | 9 | 11 | 11 | 11 |
| Depreciation | 28 | 28 | 29 | 31 | 28 | 23 | 20 | 19 | 19 | 20 |
| Profit before tax | -18 | 78 | -21 | -20 | -25 | -10 | -15 | 0 | 16 | 21 |
| Tax % | -29 | 26 | -19 | -34 | -35 | -37 | -21 | 138 | 27 | — |
| Net Profit | -13 | 58 | -17 | -14 | -16 | -6 | -12 | 0 | 11 | 4 |
| EPS in Rs | -18.72 | 86.1 | -25.46 | -20.25 | -24.39 | -9.09 | -17.7 | -0.08 | 15.92 | 5.55 |
| Dividend Payout % | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 32 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 96 | 153 | 134 | 121 | 104 | 98 | 90 | 98 | 114 | 117 |
| Borrowings | 143 | 84 | 108 | 133 | 121 | 115 | 129 | 137 | 122 | 143 |
| Other Liabilities | 64 | 62 | 71 | 83 | 71 | 83 | 85 | 110 | 111 | 118 |
| Total Liabilities | 310 | 306 | 320 | 343 | 303 | 302 | 312 | 352 | 354 | 385 |
| Fixed Assets | 161 | 141 | 132 | 125 | 109 | 92 | 82 | 86 | 87 | 86 |
| CWIP | 3 | 3 | 4 | 6 | 2 | 2 | 5 | 5 | 11 | 12 |
| Investments | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 2 | 3 | 3 |
| Other Assets | 145 | 162 | 184 | 210 | 191 | 207 | 223 | 259 | 253 | 284 |
| Total Assets | 310 | 306 | 320 | 343 | 303 | 302 | 312 | 352 | 354 | 385 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 17 | 21 | -4 | 15 | 2 | 28 | 21 | -17 | 21 | 42 |
| Cash from Investing Activity | 21 | 5 | 80 | -20 | -25 | -7 | 17 | -14 | -19 | -25 |
| Cash from Financing Activity | -39 | -27 | -76 | 15 | 15 | -23 | -15 | 8 | 6 | -22 |
| Net Cash Flow | -1 | 0 | 1 | 10 | -8 | -2 | 23 | -23 | 7 | -6 |
| Free Cash Flow | 38 | 37 | 75 | -6 | -23 | 21 | 38 | -30 | 0 | 16 |
| CFO/OP | 65 | 553 | 43 | 114 | 4 | 252 | -677 | -126 | 57 | 89 |

### Ratios

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 64 | 64 | 68 | 77 | 72 | 64 | 94 | 76 | 79 | 73 |
| Inventory Days | 155 | 128 | 138 | 140 | 167 | 192 | 152 | 213 | 175 | 147 |
| Days Payable | 121 | 99 | 118 | 120 | 121 | 120 | 153 | 129 | 150 | 132 |
| Cash Conversion Cycle | 98 | 93 | 89 | 97 | 118 | 136 | 93 | 159 | 105 | 88 |
| Working Capital Days | -13 | -17 | 23 | 13 | 11 | 8 | 15 | 8 | 15 | 22 |
| ROCE % | 2 | -8 | -1 | -5 | -4 | -6 | -10 | -1 | 7 | 13 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 51.13% | 51.09% | 54.84% | 54.84% | 54.84% | 54.84% | 57.31% | 58.32% | 58.32% |
| DIIs | 1.38% | 1.32% | 1.31% | 1.31% | 1.31% | 0.63% | 0.6% | 0.06% | 0.05% |
| Government | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% | 0.39% | 0.37% | 0.36% | 0.36% |
| Public | 47.09% | 47.2% | 43.46% | 43.46% | 43.46% | 44.13% | 41.73% | 41.25% | 41.27% |
| No. of Shareholders | 6296 | 6361 | 6003 | 6643 | 6770 | 7814 | 7804 | 7594 | 9600 |

### Quarterly

| Category | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 55.12% | 55.12% | 55.12% | 57.31% | 58.32% | 58.32% | 58.32% | 58.32% | 58.32% | 58.32% | 58.32% | 58.32% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.12% | 0.08% | 0.05% | 0% |
| DIIs | 0.63% | 0.63% | 0.63% | 0.6% | 0.55% | 0.07% | 0.06% | 0.06% | 0.4% | 0.06% | 0.05% | 0.05% |
| Government | 0.39% | 0.39% | 0.39% | 0.37% | 0.36% | 0.36% | 0.36% | 0.36% | 0.36% | 0.36% | 0.36% | 0.36% |
| Public | 43.86% | 43.86% | 43.86% | 41.73% | 40.77% | 41.24% | 41.25% | 41.25% | 40.81% | 41.17% | 41.2% | 41.27% |
| No. of Shareholders | 7753 | 7626 | 7732 | 7804 | 7850 | 7310 | 7260 | 7594 | 7891 | 9552 | 9655 | 9600 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 104.35 | Sell |
| EMA (10) | 102.37 | Sell |
| SMA (20) | 112.81 | Sell |
| EMA (20) | 108.92 | Sell |
| SMA (50) | 121.08 | Sell |
| EMA (50) | 119.68 | Sell |
| SMA (100) | 133.44 | Sell |
| EMA (100) | 136.96 | Sell |
| SMA (200) | 171.76 | Sell |
| EMA (200) | 184.4 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 27.03 | Buy |
| MACD (12,26,9) | -7.48 | Sell |
| Stochastic (14,3,3) | 10.73 | Buy |
| ADX (14) | 21.92 | Neutral |
| Williams %R (14) | -96.31 | Buy |
| ATR (14) | 6.06 | High Volatility |
| ROC (12) | -26.35 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 43.91 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 7 Apr 2025 - Approval of amalgamation of Rane Engine Valve and Rane Brake Lining. | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement 7 Apr 2025 - Approval of amalgamation of Rane Engine Valve and Rane Brake Lining.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e17865b0-f03b-4c6d-89bc-63ac553a8a2f.pdf) |
| 4 Apr 2025 - Company has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 4 Apr 2025 - Company has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0f7c9471-7d89-475e-a9c5-34255453d4fc.pdf) |
| 16 Apr 2025 - CRISIL upgrades Rane (Madras) Limited's long-term credit rating post-merger; Rane Engine Valve ratings withdrawn. | [Announcement under Regulation 30 (LODR)-Credit Rating 16 Apr 2025 - CRISIL upgrades Rane (Madras) Limited's long-term credit rating post-merger; Rane Engine Valve ratings withdrawn.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/38c9816e-13b5-4331-ba8a-c1a70bc926cb.pdf) |
| — | [Fixes Record Date For Merger 7 Apr 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f92dc3e3-1ae1-4c87-97b0-cddc9b404046.pdf) |
| — | [Closure of Trading Window 30 Mar 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f3aaf186-d6ef-474a-abeb-8811b31b2a25.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2022 | [Concall - Oct 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c4f87ef7-cbfa-430a-af09-a82e526149c9.pdf) |
| Oct 2022 | [Concall - Oct 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c4f87ef7-cbfa-430a-af09-a82e526149c9.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=72040876-1efb-4313-9f5e-10295c3e4534.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/72040876-1efb-4313-9f5e-10295c3e4534.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a46fa1c8-f516-49ec-bd7d-bc7298c03de1.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a46fa1c8-f516-49ec-bd7d-bc7298c03de1.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ef778488-6d8b-4155-a6bd-d39bbc7a9bd7.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ef778488-6d8b-4155-a6bd-d39bbc7a9bd7.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b7c3d2f7-480b-4d6a-b64e-151851850305.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b7c3d2f7-480b-4d6a-b64e-151851850305.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_RANEENGINE_2011_2012_02072012113957.zip) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a7cc42e5-6170-443a-b420-c35a05654976.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ab28c2a2-ebb6-49cb-8fa0-71619227b3b3.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532988/73073532988.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532988/68648532988.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532988/5329880320.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532988/5329880319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532988/5329880318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532988/5329880317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/532988/5329880316.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:03:01.128Z.