Rane Group
Company Profile
Business Overview
-Rane group is one of the major suppliers of automotive products and marketing solutions. The Company provides Steering and Suspension systems, Friction materials, Valve train components, Occupant safety systems, Light metal casting products and Connected mobility solutions for passenger vehicles, commercial vehicles, farm tractors, two-wheelers and three-wheelers sectors. It has 31 manufacturing locations across India and Mexico.
-In FY 2024-25, Rane Brake Lining Ltd. and Rane Engine Valve Ltd. amalgamated with Rane (Madras) Ltd. (RML), enhancing RML’s portfolio with brake and engine valve products and reinforcing its aftermarket operations. It has also acquired 100% stake in Rane Steering Systems Pvt. Ltd. (RSSL), previously a joint venture with NSK Ltd., Japan. RSSL specializes in Electric Power Steering (EPS) and Manual Steering Columns (MSC) for passenger and commercial vehicles.
Shareholders
| -Listed on Bombay Stock Exchange and National Stock Exchange of India. | (As of March 31, 2025) |
| Category | Shareholding Ratio (%) |
| Promoters | 46.6 |
| Foreign companies – Nisshinbo Holdings Inc. | 3.8 |
| Public | 49.6 |
| Total | 100.0 |
Products
Rane (Madras) Limited
Hydraulic products
-Hydrostatic Steering for Farm Tractors and Off Highway Machines
-Hydraulic Cylinders
Manual steering gears
-Recirculating ball type steering gears
-Rack and pinion type steering gears
Steering linkages
-Tie rod assemblies
-Drag link assemblies
-Center link assemblies
-Gear shift ball joints
-Outer ball joints
-Inner ball joints
Suspension components
-Lower control arms
-Lower & upper suspension ball joints
-Axle ball joints
-Stabilizer link ball joints
Die cast products
-Electric power assist steering housings
-Hydraulic pinion housings
-Steering pump housings
-Lamp housings
-Timing case covers
-Engine oil sumps
-Gear cases
-Brake housings
-Transmission housings
-Battery housings
Rane Engine Valve Limited
-Engine valves
-Valve guides
-Mechanical tappets
Rane Brake Lining Limited
-Brake linings
-Disc pads
-Clutch facings
-Commercial vehicle brake pads
-Sintered brake pads
ZF Rane Automotive India Private Limited
Steering gears
-Hydraulic power rack & pinion steering gear assemblies
-Power steering gear assemblies
-Power steering pump assemblies
-Power steering fluid
Occupant safety systems
-Pretensioner
-Emergency locking retractor
-Seat mounted self aligning ELR
-Buckle
-Height adjuster
-Airbags
Rane NSK Steering Systems Limited
-Electric power steering columns
-Solid steering columns
-Energy absorbing & collapsible columns
-Tilt & telescopic steering columns
-Intermediate shafts
-Universal joint assemblies
Rane Light Metal Castings America
-Battery Housing
-Luminaries
-Timing Case Cover
Rane t4u Private Ltd
-Electric power steering columns
-Solid steering columns
History
| 1929 | Rane was founded as a distributor of automobiles & parts. |
| 1959 | Diversified into manufacturing and established plant for IC Engine Valves. |
| 1960 | Established facility to make Tie Rod Ends. |
| 1964 | Started manufacture of Friction Material. |
| 1974 | Established Kar Mobiles Limited to manufacture Automotive and Large Valves. |
| 1975 | Started manufacture of Manual Steering Gears. |
| 1987 | Established JV with TRW for Power Steering Systems. |
| 1991 | Established JV with JMA for distribution of auto components. |
| 1995 | TRW JV also commenced manufacture of occupant restraints. Established JV with NSK for Energy Absorbing Steering Columns. Founded Rane Institute for Employee Development. |
| 2005 | Invested in High Pressure Die Casting products. |
| 2007 | Commissioned new facilities in Haryana and Uttaranchal. |
| 2008 | Rane NSK Steering Systems Ltd. commenced manufacturing of electric power steering. |
| 2009 | Rane NSK Steering Systems Ltd. established its third plant in Pantnagar, Uttarakhand. |
| 2013 | Rane Diecast Ltd. was integrated into Rane (Madras) Ltd. |
| May 2014 | Merged Kar Mobiles Limited into Rane Engine Valve Limited. |
| Aug. 2015 | Inaugurated new airbag manufacturing plant located adjacent to its seatbelt plant in Singaperumal Koil, Chennai, |
| Feb. 2016 | Started rack & pinion manufacturing facility at its Varanavasi plant |
| Aug. 2017 | Acquisition of 70% shareholding in Bengaluru-based Telematics4U Services |
| Apr. 2018 | Rane TRW Steering Systems, breaks ground for their new facility at Siruganur, Trichy |
| Oct. 2018 | Divestment of entire 48.97% equity shareholding held by the Company in JMA Rane Marketing Limited (JMA Rane), a joint venture company. |
| Feb. 2019 | Rane TRW Steering Systems, started a new facility for occupant safety products at Tiruchirapalli (Trichy), Tamil Nadu. |
| Nov. 2021 | Rane (Madras) Limited has done the acquisition of Yagachi Technologies Private Limited “Steering and Components Division” (SCD) |
Supplemental Information 1
>>>Data archive for FY ended Mar. 31, 2012
>>>Data archive for FY ended Mar. 31, 2013-2015
>>>Data archive for FY ended Mar. 31, 2017
>>>Data archive for FY ended Mar. 31, 2018
>>>Data archive for FY ended Mar. 31, 2019
>>>Data archive for FY ended Mar. 31, 2020
>>>Data archive for FY ended Mar. 31, 2021
>>>Data archive for FY ended Mar. 31, 2023
>>>Data archive for FY ended Mar. 31, 2024
Note: Figures in brackets ( ) indicate a loss
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