Summary of Key Information:

Reporting Period: Quarter and Half Year ended September 30, 2026

Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI LODR - Financial Results

Audit Opinion:

Clean opinion - Limited Review Report issued by M/s. B S R & Co., LLP, Chartered Accountants, Statutory Auditor. No qualifications or modifications noted.

Key Financial Highlights [Rs. Lakhs]:

Standalone Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹7,972 (vs ₹7,550 in Q2 FY26 - +5.6% YoY)
  • Total Income: ₹8,070 (vs ₹7,653 in Q2 FY26)
  • Net Profit: ₹5,225 (vs ₹4,739 in Q2 FY26 - +10.3% YoY)
  • EPS (Basic): ₹36.59 (vs ₹33.19 in Q2 FY26)
  • Other Equity: Not specified for current period (₹63,710 as of March 31, 2026)
  • Cash and Cash Equivalents: ₹259 (vs ₹442 as of March 31, 2026)
  • Debt: Short-term borrowings ₹887, Long-term borrowings ₹941

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹10,753 (vs ₹10,123 in H1 FY26)
  • Total Income: ₹10,972 (vs ₹10,406 in H1 FY26)
  • Net Profit: ₹6,178 (vs ₹5,420 in H1 FY26)
  • EPS (Basic): ₹43.26 (vs ₹37.96 in H1 FY26)

Consolidated Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹1,89,255 (vs ₹1,39,922 in Q2 FY26 - +35.3% YoY)
  • Total Income: ₹1,89,760 (vs ₹1,40,983 in Q2 FY26)
  • Net Profit: ₹31,955 (vs ₹3,126 in Q2 FY26 - significantly higher due to exceptional items)
  • Net Profit Attributable to Owners: ₹20,128 (vs ₹2,349 in Q2 FY26)
  • EPS (Basic): ₹140.97 (vs ₹16.45 in Q2 FY26)
  • Other Equity: ₹1,32,057 (vs ₹1,13,955 as of March 31, 2026)
  • Cash and Cash Equivalents: ₹2,111 (vs ₹5,279 as of March 31, 2026)
  • Debt: Short-term borrowings ₹98,916, Long-term borrowings ₹28,029

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹3,47,943 (vs ₹2,74,004 in H1 FY26)
  • Total Income: ₹3,49,447 (vs ₹2,75,537 in H1 FY26)
  • Net Profit: ₹36,782 (vs ₹8,875 in H1 FY26)
  • Net Profit Attributable to Owners: ₹23,865 (vs ₹7,427 in H1 FY26)
  • EPS (Basic): ₹167.15 (vs ₹52.01 in H1 FY26)

Segment-wise Performance:

The Company operates as a single operating segment as per Ind AS 108, providing management, information technology and business development services to its subsidiaries and supply of components mainly for the transportation industry.

Corporate Actions:

  • Dividend: Not declared in this period
  • Warrant Issuance: During quarter ended June 30, 2026, company received ₹1,000 lakhs as warrant subscription money towards allotment of 3,38,030 convertible warrants, which were allotted on July 30, 2026. Warrants are fully convertible into equity shares within 18 months subject to receipt of balance ₹3,000 lakhs.

Other Significant Information:

Exceptional Items (Consolidated):

  • Q2 FY26: ₹34,215 lakhs income (primarily from land sale and warranty reversals)
  • H1 FY26: ₹34,465 lakhs income

Major Transactions:

1. Land Sale: Rane (Madras) Limited sold 3.48 area of land parcel at Velachery, Chennai for ₹20,000 lakhs consideration during the quarter, with balance consideration to be received as per agreement terms.

2. Business Acquisition: Rane (Madras) Limited completed acquisition of Friction Business of Hindustan Composites Limited on August 20, 2026, through slump sale arrangement. Purchase price allocation is in process.

3. Subsequent Investment: After September 30, 2026, the Company invested ₹8,085 lakhs in ZF Rane Automotive India Private Limited by subscribing to 5,15,954 equity shares on rights basis at ₹1,567 per share.

Warranty Provision: ZF Rane Automotive India Private Limited recorded exceptional item of ₹4,154 lakhs towards warranty provision for product recall liability related to occupant safety products manufactured and sold in prior periods.

Entities in Consolidation:

The consolidated results include Rane Holdings Limited and its subsidiaries: Rane (Madras) Limited, Rane Holdings America Inc., Rane Holdings Europe GmbH, Rane Steering Systems Private Limited, Rane (Madras) International Holdings B.V., Rane Auto Components Mexico S de RL de CV; and joint venture/associate entities: ZF Rane Automotive India Private Limited, ZF Lifetec Rane Automotive India Private Limited, ZF Rane Occupant Safety Systems Private Limited, TRW Sun Steering Wheels Private Limited.