The outcome of Rane Brake Lining Limited in the Financial year 2021.
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Rane Brake Lining Limited is one of the top players in AUTO ANCILLARIES from Chennai, India in 1929. The sales to a leading manufacturer of Brake Linings, Disc Pads, and Clutch Facings today announced financial performance for the fourth quarter (Q4FY21) and full-year (FY21) ended March 31st, 2021.
Rane Brake Lining Limited has reported a 27.1% percent increased in its consolidated statement total revenue to ₹.152.4 crores for Q4 FY21, the company revenue stood at ₹.119.8 crores the year ago. Even though the company declines its performance on a YOY basis to 9.7% decreased from ₹. 434.8 Crore for FY21 compare to₹. 481.4 Crore in the FY20.
Rane Brake Lining Limited has reported its Net profit (PAT) with a 53.1% increased at ₹. 14.3 Crore for Q4 FY21 compared to ₹. 9.3 Crore in Q4 FY20 and also in the performance on a YOY basis the Net profit declined 7.4% from ₹. 31.8 crores for FY21 compare to ₹. 34.3 Crore in FY20.
EBITA increase of 26.9% in the Q4 FY21 at ₹.27.7 crores compared to the value of ₹.21.8 crore in the previews fourth quarter in 2020. In the yearly basis performance, the EBITA decreases slightly to 0.9% at the value of ₹ 71.6 crores in FY21 and compare to ₹. 71.0 Crore during FY20.
In EBITDA Margin at 18.2% for Q4 FY21 and its margin was same in Q4 FY20. In YOY EBITDA Margin at 16.5% for FY21 against 14.7% in FY20, an increase of 172 basis points (bps).
Rane Brake Lining Limited has announced its corporate action based on a dividend of ₹. 25.00 per equity share has been recommended by the Board of Directors on the paid-up capital of 77,29,871 of 10/- each. In the year 2020 the Board of Directors of the Company at their meeting held on June 17, 2020, have considered and recommended a final dividend of 110% (`11/- per share) on the equity share capital.
Operating Performance for Q4 FY21 from Rane Brake Lining Limited:
- Sales to OE customers grew 20% in line with strong industry performance.
- Sales to Aftermarket customers grew 29% supported by a higher pull in the market.
- The EBITDA margin remains flat – Lower employee costs and cost control
- measures helped offset the increase in raw material prices
Financial results for the quarter and year ended march31, 2021
| PARTICULARS | FY21 Q4 31.03.2021 (AUDITED) | FY20 Q4 31.03.2020 (AUDITED) | FY21 YOY 31.03.2021 | FY20 YOY 31.03.2020 |
| NET INCOME FROM OPERATION | 15,236.60 | 11,984.95 | 43,481.01 | 48,143.01 |
| NET PROFIT / (LOSS) FOR THE PERIOD(BEFORE TAX AND EXCEPTIONAL ITEMS) | 2,116.16 | 1,435.20 | 4,693.83 | 4468.10 |
| NET PROFIT / (LOSS) FOR THE PERIOD BEFORE TAX (AFTER EXCEPTIONAL ITEMS) | 2,116.16 | 1,435.20 | 4,693.83 | 4468.10 |
| NET PROFIT / (LOSS) FOR THE PERIOD AFTER TAX (AFTER EXCEPTIONAL ITEMS) | 1,427.30 | 932.31 | 3,180.48 | 3,434.50 |
| TOTAL COMPREHENSIVE INCOME FOR THE PERIOD | 1,466.57 | 899.55 | 3,248.27 | 3,336.49 |
| EQUITY PER SHARE | 775.24 | 791.50 | 775.24 | 791.50 |
| RESERVES | 22,991.22 | 22,091.44 |
CASH FLOW STATEMENT FOR THE RANE BRAKES LINING LIMITED FOR THE YEAR-END
| PARTICULARS | FY2021 (₹. in LAKHS) FOR THE YEAR-END | FY2020 (₹. in LAKHS) FOR THE YEAR-END |
| NET CASH FROM OPERATING ACTIVITIES | 4658.26 | 7337.70 |
| NET CASH OUTFLOW FROM INVESTING ACTIVITIES | (1052.41) | (3525.00) |
| NET CASH OUTFLOW FROM FINANCING ACTIVITIES | (1412.50) | (1452.40) |
Q4 FY21 Performance of Rane Brake Lining Limited.
- Total Revenue from Rane Brake Ltd was 152.4 Crore for Q4 FY21 compared to 119.8 Crore in the Q4 FY20, an increase of 27.1% in its consolidated statement.
- EBITDA stood at ₹. 27.7 Crore compared to ₹. 21.8 Crore during Q4 FY20, an increase of 26.9%.
- EBITDA Margin at 18.2% for Q4 FY21 against 18.2% in Q4 FY20.
- Net profit (PAT) stood at ₹. 14.3 Crore for Q4 FY21 compared to ₹. 9.3 Crore in Q4 FY20, an increase of 53.1%.
FY21 Performance of Rane Brake Limited.
- Total Revenue from Rane Brake Ltd was ₹. 434.8 Crore for FY21 compare to₹. 481.4 Crore in the FY20, a decrease of 9.7%.
- EBITDA stood at ₹. 71.6 crore compare to ₹. 71.0 Crore during FY20, an increase of 0.9%.
- EBITDA Margin at 16.5% for FY21 against 14.7% in FY20, an increase of 172 basis points (bps).
- Net profit (PAT) stood at ₹. 31.8 crores for FY21 compare to ₹. 34.3 Crore in FY20, a decrease of 7.4%.
Rane Brake Lining Limited company profile:
- https://ranegroup.com/
- Headquarter: Chennai, India
- Founded: 1929
- Parent Organization: Rane Group of Companies
Rane Brake Lining Limited (RBL) is part of the Rane Group of Companies, a leading auto component group based out of Chennai. RBL manufactures friction material products such as Brake linings, Disc pads, Clutch facings, Clutch buttons, Brake Shoes, and Railway brake blocks. RBL is the market leader in India and a global player in friction material. It has technical collaboration with Nisshinbo Brakes Inc., Japan for know-how in brake linings, disc pads & clutch facings. RBL products have applications in every segment of the automobile industry such as PV, CV, and 2W/3W.
Rane Brake Lining Limited Products:
- STEERING & SUSPENSION SYSTEMS
- VALVETRAIN COMPONENTS
- FRICTION MATERIAL PRODUCTS
- OCCUPANT SAFETY SYSTEMS
- Seat Belt
- Air Bags(IRS)
- Light Metal Casting Products
- Chassis Parts
- Engine Parts
