Rane Group

Company Profile




"Maithri" 132, Cathedral Road, Chennai - 600 086, India

Business Overview

-The Group manufactures automobile components and serves a variety of vehicular markets including passenger cars, multi-utility vehicles, light commercial vehicles, medium & heavy commercial vehicles, farm tractors, three-wheelers and two-wheelers.

-The following is a list of Group companies which manufacture automotive components: (As of Mar. 31, 2015)
Company Main Product Ownership of the Company (%)
Rane Holdings Limited Holding company -
Rane (Madras) Limited Manual steering, suspension systems, precision high pressure aluminum die casting products 56.3
Rane Engine Valve Limited Engine valves, valve guides, tappets 51.1
Rane Brake Lining Limited Brake linings, disc pads, composite brake blocks 46.1
Joint Ventures
Rane TRW Steering Systems Limited
(Joint venture with TRW Automotive)
Power steering systems, occupant safety systems 50.0
Rane NSK Steering Systems Limited
(Joint venture with NSK)
Energy absorbing steering columns, intermediate shafts, electric power assisted steering systems 49.0


-Listed on Bombay Stock Exchange and National Stock Exchange of India. (As of Mar. 31, 2015)
Category Shareholding Ratio (%)
Promoters 46.41
Indian Public and others 30.16
Private Corporate Bodies 10.41
Mutual Funds 7.75
Banks, Financial Institutions and Insurance Companies 4.80
Foreign Institutional Investors (FIIs) 0.07
Non-Resident Indians 0.40
Total 100.00


Rane (Madras) Limited

Manual steering gears
-Re-circulating 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

Hydraulic products
-Hydraulic cylinders

Die cast products
-Steering pinion housings
-Electric power assist steering housings
-Hydraulic pinion housings
-Steering pump housings
-Lamp housings
-Timing case covers
-Engine oil sumps
-Gear cases
-Heat sink for batteries

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

Rane TRW Steering Systems Limited

Steering gears
-Hydraulic power rack & pinion steering gear assemblies
-Power steering gear assemblies
-Power steering pump assemblies
-Power steering fluid

Occupant safety systems
-Seat belts
-Air bags

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


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.

Supplemental Information 1

>>>Business Report up until FY ended Mar. 31, 2012

Note: A figure in brackets ( ) indicates a loss