Rane Steering Systems Private Limited

Rane Steering Systems Private Limited - automotive in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U29141TN1995PTC030621 Incorporated 22 March 1995 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company automotive
Data last updated
Revenue · FY 2025
₹1,708.05 Cr
▼ 1% YoY
Net profit · FY 2025
₹71.29 Cr
Net margin 4.2%
EBITDA · FY 2025
₹200.88 Cr
EBITDA margin 11.8%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹19.9 Cr
Issued & subscribed
Open charges
₹350.75 Cr
Satisfied ₹48.16 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
1,020
Provident fund records

About Rane Steering Systems Private Limited

Data last updated:

Rane Steering Systems Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Nsk Ltd.. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 22 March 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29141TN1995PTC030621. Its GSTIN is 33AAACR4738F1ZL (Tamil Nadu). The company holds 8 GST registrations, of which 7 are active.

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹19.9 Cr. It was formerly known as Rane Nsk Steering Systems Limited. It is led by directors including Brinda Jagirdar and Harish Lakshman.

Its last annual general meeting (AGM) was held on 12 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 'Maithri' 132 Cathedral Road, Chennai, Tamil Nadu, India – 600086.

As per the financials filed for FY 2025, the company reported a revenue of ₹1,708.05 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹71.29 Cr (net margin 4.2%) and EBITDA of ₹200.88 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 8% over five years.

The company has about 1,020 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹350.75 Cr and satisfied charges of ₹48.16 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it. The company has 7 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹29.3 Cr; the latest was in August 2025. The company has 11 MSME Form 1 returns on record between 2020 and 2024, listing 309 overdue payments to 56 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ranegroup.com.

Company details

CIN U29141TN1995PTC030621
Registration Number 030621
Incorporation Date 22 March 1995
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 June 2025
Date of Balance Sheet 31 March 2025
Parent Company Nsk Ltd.
Compliance Status Active Compliant

CIN history

Rane Steering Systems has one previous CIN (Corporate Identification Number): U29141TN1995PLC030621. The current CIN is U29141TN1995PTC030621, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U29141TN1995PTC030621Current
U29141TN1995PLC030621Previous

Contact details

Rane Steering Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its website is ranegroup.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    'Maithri' 132 Cathedral Road, Chennai, Tamil Nadu, India – 600086
  • Industry
    Automotive, Auto Parts & Components

To see the full contact details of Rane Steering Systems Private Limited, buy the company report.

Comprehensive company report
Rane Steering Systems Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Rane Steering Systems is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC11Motor vehicles, trailers, semi trailers and other Transport Vehicles

To see the full business activity and turnover split of Rane Steering Systems Private Limited, buy the company report.

Financials of Rane Steering Systems Private Limited

FY 2025 filings available

Rane Steering Systems Private Limited reported revenue of ₹1,708.05 Cr (down 1% YoY) for FY 2025.

Revenue · FY 2025
₹1,708.05 Cr ▼ 1%
Net profit · FY 2025
₹71.29 Cr margin 4.2%
EBITDA · FY 2025
₹200.88 Cr margin 11.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 6%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 152%
3 years · compounded
▲ 96%
5 years · compounded
▲ 80%

Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 152% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹200.88 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹71.29 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin11.8%
Net Profit Margin4.2%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Rane Steering Systems Private Limited, buy the company report.

Board of directors of Rane Steering Systems Private Limited

Rane Steering Systems has 3 current directors and 40 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Harish LakshmanNominee Director01 Jan 200224 Years 9 MonthsCurrent
Brinda JagirdarDirector20 Sep 20242 Years 1 MonthsCurrent
Ganesh LakshminarayanNominee Director22 Mar 199531 Years 7 MonthsCurrent

Auditor

Rane Steering Systems Private Limited is audited by Varma & Varma for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Varma & VarmaFY 2024004532S

Shareholding

The shareholding of Rane Steering Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Rane Steering Systems Private Limited, buy the company report.

Charges & borrowings

Open charges
₹350.75 Cr
Satisfied charges
₹48.16 Cr
Breakdown by lending institutions
Others₹350.00 Cr
Ford India Limited₹0.75 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Sep 2024100972519Others₹350 CrOpen
10 Sep 199990292780Ford India Limited₹75.3 LakhOpen
23 May 200810112570The Bank of Tokyo - Mitsubishi Ufj Ltd₹8.5 CrSatisfied
22 Nov 200610027610Mizuho Corporate Bank Limited₹2 CrSatisfied
25 Nov 200490295124The Bank of Tokyo Mitsubishi Ufj Ltd₹4.23 CrSatisfied

To see the full charge records of Rane Steering Systems Private Limited, buy the company report.

Total charge records: 12 View all charges

Deals & funding

Rane Steering Systems Private Limited has 7 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹29.3 Cr; the latest was in August 2025.

Total deals
7
Secondary share transfers
3
Funding rounds
2
Acquisition
1
Rights issue
1
Disclosed funding
₹29.3 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Aug 2025Rights issue₹48.2 CrInvestors: Rane Investments Limited
Mar 2010Secondary share transferUndisclosedBuyer: Rane Holdings Limited
Seller: Rane Investments Limited
Mar 2008Secondary share transferUndisclosedBuyer: Rane Holdings Limited
Seller: Rane Investments Limited
Oct 2007Funding round₹13.3 CrInvestors: Rane Investments Limited , NSK Limited
Mar 2006Funding round₹16 CrInvestors: NSK Limited, Rane Investments Limited

To see the full deal history of Rane Steering Systems Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Rane Steering Systems Private Limited has 11 MSME Form 1 returns on record between 2020 and 2024, listing 309 overdue payments to 56 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 56)

SupplierAmount dueDue sinceReported on
Macksmatec India Private Limited
Rajhans Pressing
Greenovative Energy Private Limited
an individual supplier
Aaditya Mechatronics LLP

To see the full MSME payment records of Rane Steering Systems Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Rane Steering Systems Private Limited has a workforce of 1,020 employees on its EPFO records as of Sep 25, 2025, across 4 active EPFO establishments.

Employee count
1,020
Active EPFO establishments
4
Employee growth
-16.53%

GST

Rane Steering Systems has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
8
Active
7
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AAACR4738F1ZLTamil NaduActive01 Jul 2017
33AAACR4738F2ZKTamil NaduActive11 Jul 2017
05AAACR4738F1ZKUttarakhandActive01 Jul 2017
06AAACR4738F1ZIHaryanaActive01 Jul 2017

To see the full GST registrations and return filing status of Rane Steering Systems Private Limited, buy the company report.

Recent activity

Rane Steering Systems Private Limited has 42 board changes on record since 1995: 3 appointments and 39 cessations. The latest: Brinda Jagirdar ceased to be Additional Director on 11 Jun 2025.

AGM
Rane Steering Systems Private Limited last Annual general meeting of members was held on 12 Jun 2025 as per latest MCA records.
Ceased
Brinda Jagirdar ceased to be Additional Director.
Filing
Rane Steering Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Brinda Jagirdar was appointed as Director.
Ceased
Hideaki Hayami ceased to be Nominee Director.
Ceased
Hiroyasu Tomita ceased to be Alternate Director.
Ceased
Takeshi Kihara ceased to be Nominee Director.
Ceased
Taro Nagai ceased to be Nominee Director.
Charges
A charge with Others amounted to Rs. 350.00 Cr with Charge ID 100972519 was registered on 06 Sep 2024.
Ceased
Harish Lakshman ceased to be Nominee Director.
Ceased
Narihito Otake ceased to be Nominee Director.
Ceased
Keita Suzuki ceased to be Nominee Director.

63 earlier events are in the company report.

Frequently asked questions

Rane Steering Systems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 22 March 1995 (31+ years old) and is registered under CIN U29141TN1995PTC030621.

Rane Steering Systems has 3 current directors:

The latest financial statements of Rane Steering Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 June 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Rane Steering Systems is 33AAACR4738F1ZL, registered in Tamil Nadu. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAACR4738F2ZK (Tamil Nadu), 05AAACR4738F1ZK (Uttarakhand), 06AAACR4738F1ZI (Haryana).

The CIN (Corporate Identification Number) of Rane Steering Systems is U29141TN1995PTC030621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Rane Steering Systems has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the high courts.

Rane Steering Systems was incorporated on 22 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.

Rane Steering Systems has 7 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹29.3 Cr; the latest was in August 2025.

Brinda Jagirdar ceased to be Additional Director on 11 Jun 2025. Brinda Jagirdar was appointed as Director on 20 Sep 2024. Hideaki Hayami ceased to be Nominee Director on 20 Sep 2024. Rane Steering Systems has 42 board changes on record in total.

Rane Steering Systems has 11 MSME Form 1 returns on record between 2020 and 2024, listing 309 overdue payments to 56 micro and small suppliers. The latest return was filed on 30 Apr 2024.

Rane Steering Systems can be reached through the website ranegroup.com. Its registered office is in Chennai, Tamil Nadu, India.