RANEHOLDINNSEQ3 FY25February 07, 2025

Rane Holdings Limited

5,641words
1turns
0analyst exchanges
0executives
Key numbers — 40 extracted
92%
nues New Technology & Product Introductions 4 Rane Group Business Drivers Business Drivers › 92%+ of revenue comes from powertrain agnostic products › Continued dominance on domestic market acros
Rs. 5
perational excellence and digitalization. 5 New Business Wins (Q3 FY25) RANE BRAKE LINING • Won Rs. 5 Cr order from various customers (incl. Rs. 1.80 Cr from international customers) RANE (MADRAS) •
Rs. 1.80
New Business Wins (Q3 FY25) RANE BRAKE LINING • Won Rs. 5 Cr order from various customers (incl. Rs. 1.80 Cr from international customers) RANE (MADRAS) • Won orders worth Rs. 43 Cr from domestic custo
Rs. 43
ous customers (incl. Rs. 1.80 Cr from international customers) RANE (MADRAS) • Won orders worth Rs. 43 Cr from domestic customer for Electric LCV application RANE (MADRAS) RANE BRAKE LINING ZF RA
Rs. 7
Electric LCV application RANE (MADRAS) RANE BRAKE LINING ZF RANE ZF RANE • Won orders worth Rs. 7 Cr for steering products from various domestic CV customers for EV application • Won orders worth
Rs. 67
r for steering products from various domestic CV customers for EV application • Won orders worth Rs. 67 Cr for occupant safety products RANE STEERING SYSTEMS • Won orders worth Rs. 165 Cr for EPS Stee
Rs. 165
Won orders worth Rs. 67 Cr for occupant safety products RANE STEERING SYSTEMS • Won orders worth Rs. 165 Cr for EPS Steering Column for domestic PV applications RANE STEERING SYSTEMS RANE ENGINE VAL
Rs. 22
for domestic PV applications RANE STEERING SYSTEMS RANE ENGINE VALVE RANE ENGINE VALVE • Won Rs. 22 Cr order from domestic PV customer During the quarter won new business worth about Rs. 310 Cr (F
Rs. 310
• Won Rs. 22 Cr order from domestic PV customer During the quarter won new business worth about Rs. 310 Cr (Figures are Annualized) 6 Group Domestic OE Sales vs. Industry Growth Industry Performance
3%
Group Revenue Split * (India OEM) Passenger Vehicle commercial Vehicle Farm Tractor 2-Wheeler 3% 12% 67% -3% -14% 24% 12% 0% 4% 8% 1% 3% • Higher growth than the industry • Performan
12%
up Revenue Split * (India OEM) Passenger Vehicle commercial Vehicle Farm Tractor 2-Wheeler 3% 12% 67% -3% -14% 24% 12% 0% 4% 8% 1% 3% • Higher growth than the industry • Performance is
67%
venue Split * (India OEM) Passenger Vehicle commercial Vehicle Farm Tractor 2-Wheeler 3% 12% 67% -3% -14% 24% 12% 0% 4% 8% 1% 3% • Higher growth than the industry • Performance is lowe
Guidance — 20 items
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5 New Business Wins (Q3 FY25) RANE BRAKE LINING • Won Rs.
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1,806.7 Cr in Q3 FY25 – Revenue from Indian OE customers grew by 3% on account of higher offtake from passenger vehicle segment.
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1,245.9 Cr in Q3 FY25 – Consolidated sales grew by 48% mainly because of RSSL becoming a wholly owned Subsidiary.
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83.4 Cr in Q3 FY25 – EBITDA margin decreased 453 bps This was due to consolidation of RSSL which had an adverse product mix.
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4.2 Cr in Q3 FY25 – One-time impact of Rs.
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522.4 Cr in Q3 FY25 – Sales to Indian OE customers declined by 4%.
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40.1 Cr in Q3 FY25 – EBITDA margin declined by 200 bps due to one off provision for obsolete inventory, premium freight and forex reinstatement loss on overseas investments.
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2.0 Cr in Q3 FY25 12 RML Consolidated – Financial Performance Review (Q3 FY25) Total Revenue (Rs cr.) EBITDA (Rs cr.) PAT (Rs cr.) 522.4 523.7 0.2% YoY growth 9.3% 5.3% 48.4 7.5% 39.2 19.0% YoY growth 1.7% 9.1 Q3 FY24 -0.2 Q3 FY25 NM YoY growth Q3 FY24 Q3 FY25 Q3 FY24 Q3 FY25 › Total Revenue increased by 0.2% from Rs.
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523.7 Cr in Q3 FY25 › EBITDA decreased by 19.0% from Rs.
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9.1 Cr for Q3 FY’24 Q2 FY25 numbers are strictly not comparable due to divestment of LMCA on 14th Sep’23.
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Risks & concerns — 3 flagged
4.2 Cr in Q3 FY25 – One-time impact of Rs.
Registered Office
3.5 Cr in Q3 FY24 – One-time impact of Rs.
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401.0 Cr in Q3 FY25 – Drop in commercial vehicle segment resulted in marginal decline of the sales › EBITDA decreased by 70.6% from Rs.
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Speaking time
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Opening remarks
Registered Office
" Maithri " 132, Cathedral Road, Chennai 600 086. India. Tel : 91 44 2811 2472 URL : www.ranegroup.com CIN : L35999TN1936PLC002202 Rolle //Online submission// February 07, 2025 National Stock Exchange of India Ltd. NEAPS Symbol: RANEHOLDIN Rane Holdings Limited RHL/SE/075/2024-25 BSE Limited Listing Centre Scrip Code: 505800 Dear Sir / Madam, Sub: Earnings Presentation — Quarterly Unaudited Financial Results for the quarter ended December 31, 2024 We enclose herewith copy of the Earnings presentation released on the quarterly Unaudited Financial Results for the quarter ended December 31, 2024. This is also being made available on the Investor Information Section of the website of the Company at the web-link https://ranegroup.com/investors/rane-holdings-limited/. We request you to take the above on record and note the compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR). Thanking you, Yours faithfully, For Rane Holdings Limited Siva Chandr
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