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Realtime updates for Rane Holdings Limited [RANEHOLDIN.NS]

Exchange: NSE Sector: Consumer Cyclical Industry: Auto Parts
Upcoming Earnings Alert

Quarter results tomorrow
(bmo 2024-05-15)

Expected move: +/- 6.09%

Last Updated14 May 2024 @ 05:59

-0.05% INR 1 273.20

Live Chart Being Loaded With Signals

Commentary (14 May 2024 @ 05:59):

Rane Holdings Limited, together with its subsidiaries, manufactures and markets automotive components for the transportation industry in India and internationally...

Stats
Today's Volume 15 354.00
Average Volume 22 806.00
Market Cap 18.18B
EPS INR0 ( 2024-02-08 )
Next earnings date ( INR0 ) 2024-05-15
Last Dividend INR17.00 ( 2023-07-27 )
Next Dividend INR0 ( N/A )
P/E 24.76
ATR14 INR1.694 (0.13%)

Volume Correlation

Long: -0.05 (neutral)
Short: 0.10 (neutral)
Signal:(45.019) Neutral

Rane Holdings Limited Correlation

10 Most Positive Correlations
10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Rane Holdings Limited Correlation - Currency/Commodity

The country flag 0.79
( moderate )
The country flag 0.86
( strong )
The country flag 0.55
( weak )
The country flag 0.74
( moderate )
The country flag -0.12
( neutral )
The country flag -0.74
( moderate negative )

Rane Holdings Limited Financials

Annual 2022
Revenue: INR35.08B
Gross Profit: INR14.80B (42.18 %)
EPS: INR43.61
FY 2022
Revenue: INR35.08B
Gross Profit: INR14.80B (42.18 %)
EPS: INR43.61
FY 2022
Revenue: INR26.37B
Gross Profit: INR9.22B (34.97 %)
EPS: INR24.56
FY 2021
Revenue: INR20.11B
Gross Profit: INR7.46B (37.11 %)
EPS: INR-35.42

Financial Reports:

No articles found.

Rane Holdings Limited Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR17.00
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)

Rane Holdings Limited Dividend Information - Dividend Junior

Dividend Sustainability Score: 3.82 - low (27.21%) | Divividend Growth Potential Score: 4.36 - Stable (12.73%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend INR1.000 2004-04-15
Last Dividend INR17.00 2023-07-27
Next Dividend INR0 N/A
Payout Date 0000-00-00
Next Payout Date N/A
# dividends 29 --
Total Paid Out INR167.00 --
Avg. Dividend % Per Year 0.95% --
Score 2.4 --
Div. Sustainability Score 3.82
Div.Growth Potential Score 4.36
Div. Directional Score 4.09 --
Next Divdend (Est)
(2024-11-14)
INR18.37 Estimate 3.38 %
Dividend Stability
0.27 Very Poor
Dividend Score
2.40
Pay Frequency
Annually
Yearly Payout
Year Amount Yield
2004 INR0 0.00%
2005 INR0 0.00%
2006 INR0 0.00%
2007 INR0 0.00%
2008 INR0 0.00%
2009 INR0 0.00%
2010 INR0 0.00%
2011 INR0 0.00%
2012 INR0 0.00%
2013 INR0 0.00%
2014 INR0 0.00%
2015 INR0 0.00%
2016 INR0 0.00%
2017 INR0 0.00%
2018 INR14.50 0.58%
2019 INR19.00 1.38%
2020 INR8.00 1.02%
2021 INR0 0.00%
2022 INR12.00 1.95%
2023 INR17.00 1.85%
2024 INR0 0.00%

Dividend Commentary

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

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ABBOTINDIA.NS Dividend Knight 2023-07-20 Annually 17 0.52%
STARPAPER.NS Dividend Junior 2023-09-15 Sporadic 22 1.19%
MSUMI.NS Dividend Junior 2023-08-09 Annually 3 0.60%
HFCL.NS Dividend Junior 2023-09-22 Sporadic 7 0.19%
BIRLACORPN.NS Ex Dividend Junior 2023-08-29 Annually 21 0.41%
REFEX.NS Dividend Junior 2023-09-14 Sporadic 4 0.37%
KPIGREEN.NS Dividend Knight 2023-08-22 Semi-Annually 4 0.28%

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.02621.5009.4810.00[0 - 0.5]
returnOnAssetsTTM01.20000[0 - 0.3]
returnOnEquityTTM0.1181.5009.8010.00[0.1 - 1]
payoutRatioTTM0-1.00000[0 - 1]
currentRatioTTM00.800-5.00-4.00[1 - 3]
quickRatioTTM00.800-4.71-3.76[0.8 - 2.5]
cashRatioTTM01.500-1.111-1.667[0.2 - 2]
debtRatioTTM0-1.50000[0 - 0.6]
interestCoverageTTM4.231.0009.549.54[3 - 30]
operatingCashFlowPerShareTTM199.332.0010.0010.00[0 - 30]
freeCashFlowPerShareTTM199.332.0010.0010.00[0 - 20]
debtEquityRatioTTM0-1.50000[0 - 2.5]
grossProfitMarginTTM0.4181.0006.376.37[0.2 - 0.8]
operatingProfitMarginTTM0.07701.000-0.459-0.459[0.1 - 0.6]
cashFlowToDebtRatioTTM01.000-1.111-1.111[0.2 - 2]
assetTurnoverTTM00.800-3.33-2.67[0.5 - 2]
Total Score3.82

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM16.691.0008.420[1 - 100]
returnOnEquityTTM0.1182.509.8710.00[0.1 - 1.5]
freeCashFlowPerShareTTM199.332.0010.0010.00[0 - 30]
dividendYielPercentageTTM1.3011.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM199.332.0010.0010.00[0 - 30]
payoutRatioTTM01.50000[0 - 1]
pegRatioTTM0.1061.500-2.630[0.5 - 2]
operatingCashFlowSalesRatioTTM0.06661.000-0.8350[0.1 - 0.5]
Total Score4.36

Rane Holdings Limited

Rane Holdings Limited, together with its subsidiaries, manufactures and markets automotive components for the transportation industry in India and internationally. It offers steering and suspension systems comprising manual steering gears, steering linkages, suspension components, hydraulic products, power steering fluid- power cruises, intermediate shafts, and universal joint assemblies; hydraulic power rack and pinion steering gear, power steering gear, and power steering pump assemblies; and electric power steering, solid steering, energy absorbing and collapsible, and tilt and telescopic steering columns. The company also provides valve train components, including engine valves, and valve guides and mechanical tappets; friction material products, such as brake linings, disc pads, railways brake blocks, clutch facings, and commercial vehicle and sintered brake pads; and occupant safety systems, including seat belts and air bags. In addition, it offers light metal casting products comprising hydraulic pinion housings, pump housings, EPAS outboard and pinion housings, luminaries, timing case covers, engine oil sumps, gear cases, brake and transmission housings, and battery housings; telematics solutions; and aftermarket products consisting of chassis and engine parts. Further, the company provides and connected mobility solutions, as well as exports its products. It primarily serves passenger and commercial vehicles, farm tractors, two-wheelers, and railways and stationary engines segments. The company was formerly known as Rane (Madras) Limited and changed its name to Rane Holdings Limited in July 2004. Rane Holdings Limited was founded in 1929 and is headquartered in Chennai, India.

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