Rane (Madras) Ltd (NSE:RML)
₹ 1,053.7 +12.3 (+1.18%) Market Cap: 29.08 Bil Enterprise Value: 36.10 Bil PE Ratio: 27.07 PB Ratio: 3.87 GF Score: 69/100

Q4 2026 Rane (Madras) Ltd Earnings Call Transcript

May 18, 2026 / 09:30 AM GMT
Release Date Price: ₹887.3 (-0.89%)

Key Points

Positve
  • Rane (Madras) Ltd (BOM:532661) reported a 16.2% increase in total revenue for Q4, reaching 1,051 crores compared to 905 crores in the previous year.
  • The company successfully reduced its net debt by Rs 73.4 crores, bringing it down to Rs 705.8 crores.
  • Rane (Madras) Ltd secured new businesses with an annualized sale of Rs 33 crores during Q4, contributing to a record order win of 712 crores for FY26.
  • The aftermarket product business showed strength with improved retailer engagement and increased market penetration.
  • The company remains optimistic about future demand, supported by a diversified product portfolio and focus on manufacturing excellence.
Negative
  • Global geopolitical developments have led to significant commodity price volatility and supply chain uncertainties, which need close monitoring.
  • The company faces challenges in recovering cost escalations from customers, particularly due to oil and commodity price increases.
  • There is a marginal increase in costs due to the demerger of the company, although it is not expected to be significant.
  • The company is cautious about the overall demand environment due to geopolitical challenges and volatility in crude oil and commodity prices.
  • Rane (Madras) Ltd's margins are not yet at the desired double-digit level, with current EBITDA margins at 9.5%.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

RAMD.NS - Rane (Madras) Ltd
Q4 2026 Rane (Madras) Ltd Earnings Call
May 18, 2026 / 09:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and Gentlemen, Good day and welcome to Rane Group Ltd Q4 and FY26 Earnings Conference Call.

As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during the conference call, please signal an operator by pressing then 0 on a touchtone phone.

Please note that this conference is being recorded.

I now hand the conference over to Mr. Diwakar Pingle from ENY.

Thank you, and over to you, sir.

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Unidentified_2 [2]
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