Is Rane (Madras) Limited a good investment? Rane (Madras) Limited (RML.NS) is currently trading at 1343.20 INR.
In terms of valuation, the stock trades at a P/E ratio of 31.64. This high multiple suggests investors have priced in significant future growth expectations.
For income investors, Rane (Madras) Limited pays a dividend yield of 1.18%. With a payout ratio of 19%, the dividend appears sustainable.
Yes, it pays an annual dividend of 16.00 INR (1.18% yield).
Rane (Madras) Limited is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
Rane (Madras) Limited engages in the manufacture and marketing of auto components for transportation industry in India and internationally. It offers steering and suspension linkage products, steering gear products, specialized aluminum high pressure die-casting products, brake components, and engine components, as well as valves, guides, tappets, brake linings, disc pads, clutch facings, railway brake blocks, and others. The company markets and sells its products to the manufacturers of passenger cars, commercial vehicles, farm tractors, two and three wheelers, stationary engines, and railways. It also exports its products. The company was founded in 1960 and is headquartered in Chennai, India. Rane (Madras) Limited operates as a subsidiary of Rane Holdings Limited.
| Year | Total Dividends |
|---|---|
| ▸2027 |
16.00 INR
|
| Aug. 16, 2027 (estimated) | 16.0000 |
| ▸2026 |
16.00 INR
|
| Aug. 14, 2026 | 16.0000 |
| ▸2025 |
8.00 INR
|
| Aug. 14, 2025 | 8.0000 |
| ▸2019 |
8.50 INR
|
| July 29, 2019 | 4.5000 |
| Feb. 8, 2019 | 4.0000 |
| ▸2018 |
12.00 INR
|
| Aug. 1, 2018 | 7.5000 |
| Feb. 13, 2018 | 4.5000 |
| ▸2017 |
6.00 INR
|
| Aug. 31, 2017 | 4.0000 |
| Feb. 10, 2017 | 2.0000 |
| ▸2016 |
4.50 INR
|
| March 23, 2016 | 4.5000 |
| ▸2015 |
4.50 INR
|
| Aug. 7, 2015 | 4.5000 |
| ▸2014 |
5.50 INR
|
| July 23, 2014 | 5.5000 |
| ▸2013 |
7.00 INR
|
| July 26, 2013 | 5.0000 |
| Feb. 22, 2013 | 2.0000 |
| ▸2012 |
9.50 INR
|
| July 16, 2012 | 4.0000 |
| Feb. 26, 2012 | 5.5000 |
| ▸2011 |
7.00 INR
|
| July 25, 2011 | 2.5000 |
| Feb. 9, 2011 | 4.5000 |
| ▸2010 |
4.50 INR
|
| July 27, 2010 | 2.0000 |
| March 1, 2010 | 2.5000 |
| ▸2008 |
6.00 INR
|
| May 1, 2008 | 6.0000 |
| ▸2007 |
4.00 INR
|
| March 23, 2007 | 2.0000 |
| Jan. 25, 2007 | 2.0000 |
| ▸2006 |
3.00 INR
|
| July 26, 2006 | 1.5000 |
| Feb. 8, 2006 | 1.5000 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Rane (Madras) Limited | Aug 14, 2026 | Paid | 16.0 INR |
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