R

Rane (Madras) Ltd
NSE:RML

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Rane (Madras) Ltd
NSE:RML
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Price: 716.05 INR 0.76% Market Closed
Market Cap: ₹19.8B

Gross Margin

43.8%
Current
Improving
by 5.5%
vs 3-y average of 38.2%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
43.8%
=
Gross Profit
₹20.3B
/
Revenue
₹46.5B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
43.8%
=
Gross Profit
₹20.3B
/
Revenue
₹46.5B

Peer Comparison

Country Company Market Cap Gross
Margin
IN
Rane (Madras) Ltd
NSE:RML
19.8B INR
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JP
Sumitomo Electric Industries Ltd
TSE:5802
8.3T JPY
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JP
Denso Corp
TSE:6902
5.2T JPY
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KR
Hyundai Mobis Co Ltd
KRX:012330
35.9T KRW
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CN
Fuyao Glass Industry Group Co Ltd
SSE:600660
150.5B CNY
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CA
Magna International Inc
TSX:MG
22.4B CAD
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DE
Continental AG
XETRA:CON
13B EUR
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CN
Ningbo Tuopu Group Co Ltd
SSE:601689
101.4B CNY
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IN
Samvardhana Motherson International Ltd
NSE:MOTHERSON
1.2T INR
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IE
Aptiv PLC
NYSE:APTV
12.7B USD
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US
Modine Manufacturing Co
NYSE:MOD
12.7B USD
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Market Distribution

In line with most companies in India
Percentile
57th
Based on 4 996 companies
57th percentile
43.8%
Low
-3 052.3% — 26.9%
Typical Range
26.9% — 53.3%
High
53.3% — 8 269.1%
Distribution Statistics
India
Min -3 052.3%
30th Percentile 26.9%
Median 39%
70th Percentile 53.3%
Max 8 269.1%

Rane (Madras) Ltd
Glance View

Market Cap
19.8B INR
Industry
Auto Components

Rane (Madras) Ltd. engages in the manufacture and supply of auto components for the transportation industry. The company is headquartered in Chennai, Tamil Nadu and currently employs 1,183 full-time employees. The company went IPO on 2005-08-30. The firm operates in a single segment viz components for the transportation industry. The company is engaged in the activities related to the manufacture and supply of auto components for transport industries. The firm operates through two divisions: steering and linkages division (SLD) and light metal casting (LMC). SLD manufactures mechanical steering gears, hydrostatic steering systems, and steering and suspension linkage products. LMC manufactures aluminum die casting such as steering housing and engine case covers. The company offers various products such as suspension linkage products, steering gear products, Hydraulic products, Light metal casting products, and other automotive parts. The Company’s subsidiaries include Rane light metal casting Inc., America (LMCA).

RML Intrinsic Value
1 110.88 INR
Undervaluation 36%
Intrinsic Value
Price ₹716.05
R
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
43.8%
=
Gross Profit
₹20.3B
/
Revenue
₹46.5B
What is Rane (Madras) Ltd's current Gross Margin?

The current Gross Margin for Rane (Madras) Ltd is 43.8%, which is above its 3-year median of 38.2%.

How has Gross Margin changed over time?

Over the last 3 years, Rane (Madras) Ltd’s Gross Margin has increased from 36.7% to 43.8%. During this period, it reached a low of 33.9% on Mar 31, 2023 and a high of 43.8% on Jan 1, 2026.

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