Utility Maintenance - Rane Madras Limited (SLD)

Rane (Madras) Limited (RML), part of the Rane Group, is a leading auto components manufacturer headquartered in Chennai and publicly listed on NSE and BSE. The company serves OEMs, aftermarket, and international customers in over 30 countries, with manufacturing facilities across India and Mexico. Its portfolio includes steering and linkage systems, brake components, engine components, light metal castings, and aftermarket products, catering to passenger vehicles, commercial vehicles, farm tractors, and two/three-wheelers.In FY25, RML recorded revenues of about ₹3,421 crore, with a majority share from India OEM and OES business, alongside contributions from international operations and the domestic aftermarket. The company reported an EBITDA of ₹298 crore with an 8.7% margin and a PAT of ₹38 crore, maintaining financial stability with a ROCE of 12%. Known for its strong focus on technology and quality, RML operates advanced R&D and testing facilities, has earned the prestigious Deming Prize, and continues to expand its global footprint under the leadership of Chairman and Managing Director Harish Lakshman.