What we do Rane (Madras) Limited manufactures steering, suspension, brake, engine, and light metal casting components for automotive and transportation industries. |
Founded in 2,004 |
Market share A market leader in steering and suspension components with presence in over 30 countries and 17 manufacturing plants. |
Problem solved Provides critical safety and performance components ensuring reliable vehicle steering, braking, and engine function for various vehicle segments. |
Top clients or who we serve Serves major OEMs in passenger vehicles, commercial vehicles, tractors, two-wheelers, and exports to global automotive markets; B2B focused. |
Key management Harish Lakshman (Chairman and Managing Director) |
Our journey and innovations Founded in 2004, expanded via acquisitions and amalgamations, introduced EPS steering gear in 2008, and expanded globally including US and Mexico. |
Where we operate Manufacturing in India and Mexico; sales in 30+ countries globally including India, Mexico, USA, Europe, and others. |
Top products or what we offer Steering gears, suspension systems, brake components, engine valves, light metal castings, and aftermarket automotive products. |
Top brands Rane Steering, Rane Brake Components, Rane Engine Valves, Rane Light Metal Castings; renowned for quality and reliability. |
Raw materials needed Steel, aluminum alloys, and other automotive-grade metals and components for manufacturing. |
Raw materials supplier Supplies sourced from global and local vendors meeting automotive industry standards. |
Recurring vs cyclical contribution Revenue is largely cyclical, linked to automotive industry production cycles, with some recurring aftermarket sales. |
Our industry position Strong competitive standing as a market leader in India with growing international presence and diversified automotive segments. |
Financial highlights FY25 revenue ₹3,421 crores with ₹38 crores consolidated net profit and 8.7% EBITDA margin; steady 8% CAGR over 10 years. |
Geographical revenue split Approximately 74% revenue from India, 26% from international markets including Mexico and others. |
Order book - |
Whats driving growth New program wins, expansion of product portfolio, operational excellence awards, favorable auto industry growth, and export market expansion. |
Our future plans Operationalizing new plants, consolidating merged entities’ businesses, investing in R&D, and expanding aftermarket and international presence. |
Our green promise Committed to green energy adoption and sustainable manufacturing practices recognized by engineering institutions. |
Our people and values Focus on employee safety, diversity, zero tolerance on harassment, and fostering inclusive, productive work environments. |
Key challenges ahead Automotive market cyclicality, raw material cost volatility, global competition, and evolving regulatory norms. |
Interesting facts Merged with two key Rane subsidiaries in 2025 to streamline operations and consolidate product offerings across multiple divisions. |
Risks and strategy Risks include market demand fluctuations and supply chain challenges; mitigated through diversification, operational excellence, and strategic investments. |
