About
Basic Data Updated:
1 month agoRane Engine Valve Limited is a company that specializes in the production of valves, guides, and tappets for internal combustion engines. These products are used in a variety of vehicles such as passenger cars, commercial vehicles, farm tractors, and two/three wheelers. The company has a total of five manufacturing facilities located in Telangana, Karnataka, and Tamil Nadu. With a combined installed capacity of 82.7 million valves, 12.3 million guides, and 3.7 million tappets, REVL is able to meet the high demand for its products. The company's wide range of offerings includes engine valves, valve guides, and tappets that are used in various industries such as railways, marine engines, and stationary engines. REVL is proud to serve both domestic and international markets, providing its high-quality products to original equipment manufacturers (OEMs), the domestic replacement market, as well as the railways and defense sectors. Some of the major customers of Rane Engine Valve Limited include renowned companies such as Maruti Suzuki, Tata, Mahindra, Hyundai, Yamaha, Volkswagen, and Deutz.
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | L74999TN1972PLC006127 |
| Company No. | 006127 |
| Stock Symbol | BSE : 532988 NSE : RANEENGINE |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 09 Mar 1972 |
| Date of AGM | 25 Jul 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Listed |
| ROC Code | Roc Chennai |
Products or Services related to Rane Engine Valve Limited
Industrial Disc Brakes
Car Lower Control Arm
Steering Systems
Power Steering Fluid
Financials of Rane Engine Valve Limited
Rane Engine Valve Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.79% increase. The company also saw a substantial improvement in profitability, with a 99.49% increase in profit. The company's net worth moved up by a moderate rise of 7.93%.
Corporate Structure
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People in Rane Engine Valve Limited
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Executive Team (2)
VV
Vettagiripalayam Vijayaraghavan
CFOAppointment Date: 16-Feb-2017
Status: Current
SA
Sampathkumar Anand Company SecretaryAppointment Date: 14-Feb-2024
Status: Current
Board Members(6)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 21 Jun 2023 | ₹40.00 Cr | Open |
Yes Bank Limited Creation Date: 23 Jun 2022 | ₹15.00 Cr | Open |
Hdfc Bank Limited Creation Date: 26 Mar 2021 | ₹21.79 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Rane Nsk Steering Systems Private Limited
Active
29 years 2 months Ganesh Lakshminarayan and Harish Lakshman are mutual person
Young Presidents Organisation (Chennai Chapter)
Active 25 years 2 months Harish Lakshman is a mutual person
Cholamandalam Financial Holdings Limited
Active 74 years 8 months Vasudha Sundararaman is a mutual person
Recent activity within the organization
Director Appointment
Sampathkumar Anand was appointed as a Company Secretary was appointed as a Company Secretary on 14 Feb 2024 & has been associated with this company since 3 months 14 days .
14 Feb 2024Charges
A charge registered on 11 Feb 2022 via Charge ID 100540589 with Hdfc Bank Limited was fully satisfied on 18 Jan 2024.
18 Jan 2024Charges
A charge with Yes Bank Limited of Rs. 15.00 cr registered on 23 Jun 2022 with Charge ID 100594126 was modified on 03 Nov 2023.
03 Nov 2023Charges
A charge registered on 14 Aug 2018 via Charge ID 100208622 with Others was fully satisfied on 10 Oct 2023.
10 Oct 2023Annual General Meeting
Rane Engine Valve Limited last Annual general meeting of members was held on 25 Jul 2023 as per latest MCA records.
25 Jul 2023
Recent News, Updates & Announcement
Rane Brakes Q2 net down 8.Business Line 24 Nov 2017
- Rane Engine Valve net dips on lower offtake.
The Hindu 20 Nov 2017
- Rane Holdings to acquire telematics solutions provider The Hindu.
The Hindu 31 Aug 2017
- Q1 FY18 Revenues Drop by 3 EBITDA and EBITDA Margin Take a Hit Chairman Vows to Improve Performance.
When you thought you were making bank but then you see your Q1 FY18 revenues decreased by 3 EBITDA and EBITDA margin also took a hit Net loss for Q1 FY18 was Rs 267 crore Sales to Indian OE customers and aftermarket segment were affected International customers also didnt buy as much Higher operational costs and delivery issues caused problems Chairman says theyre working on improving performance.
ETAuto 22 Aug 2017
- Rane Engine pares loss to 179 cr in Q3.
Business Line 25 Jan 2017
Frequently asked questions
What is the Incorporation or founding date of Rane Engine Valve Limited?
