Rane (Madras) Limited submitted an earnings presentation for Q2 FY27 (quarter ended September 30, 2026) to BSE Limited and National Stock Exchange of India Ltd. in compliance with SEBI LODR Regulations. The presentation is scheduled to be discussed during an earnings conference call on November 16, 2026, at 15:00 IST.
Financial Performance
- Net Sales: Increased to Rs. 1,223.3 Cr in Q2 FY27 from Rs. 907.7 Cr in Q2 FY26, representing 35% year-on-year growth
- PAT: Stood at Rs. 329.1 Cr for Q2 FY27, which includes a one-time gain of Rs. 292.1 Cr (net of tax) from the sale of Velachery land
- Sales Composition:
- Domestic OE customers: Grew by 31% due to higher offtake across vehicle segments
- International customers: Increased by 57% supported by strong offtake of steering products
- Indian Aftermarket customers: Increased by 11%
- Net sales include the acquired Friction business effective from August 20, 2026
Business Segments
- Brake Components: Includes brake linings, disc pads, railways brake blocks, clutch facings
- Engine Components: Includes engine valves, valve guides, mechanical tappets
- Steering and Linkage: Includes hydraulic pinion housings, pump housings, timing-case cover, engine oil sump, gear case, transmission housing
- Aftermarket Products: Sales to domestic and international aftermarket channels
Operational Highlights
- New Business Wins: Secured 26 new programs across multiple vehicle segments in Q2 FY27
- Order Value: Added Rs. 614 crore to order book in terms of Lifetime Value (LTV)
- Export Contribution: 59% of total LTV from export programs
- Program Duration: Average program life of approximately five years
- Previous Quarter: Strong order wins of Rs. 2,040 crore in Q1 FY27
Manufacturing and Reach
- Manufacturing locations across India with global reach
- Major customer base includes automotive OEMs
Awards and Accolades (Q2 FY27)
- Brake Components Business received award from Brakes India for contribution in Friction category
- Steering and Linkage Business received Sustainability Award from TMCV for increased use of renewable energy
- Engine Components Business - Medchal received TPM Strong Commitment Award from CII
- Engine Components Business, Ponneri received TPM Significant Achievement Award from CII
- Steering and Linkage Business received Platinum Award for Best HR Practices at 10th National HR Circle Competition by CII
- Engine Components Business received Safety Award in Excellence Category and Best Safety Kaizen Award at TN-SPWA Safety, Health, Fire & ESG Excellence Awards 2026
Sales Breakdown (Q2 FY27)
- Passenger Vehicle (PV): 59%
- Commercial Vehicle (CV), Farm Tractors (FT), Two Wheeler/Three Wheeler (2W/3W), and Others
- International sales include deemed exports accounting for approximately 37% of International OEM & Aftermarket
- Others category includes Railways, Defence and Stationary Engines
Additional Information
- Presentation available at: https://ranegroup.com/investor/rane-madras-limited/
- Contact: n.saravanan@ranegroup.com or diwakar.pingle@in.ey.com