Rane Engine Valve Limited

NSE RANEENGINE.NS

Rane Engine Valve Limited Return on Equity (ROE) for the year ending March 31, 2024: 9.49%

Rane Engine Valve Limited Return on Equity (ROE) is 9.49% for the year ending March 31, 2024, a 16,678.31% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Rane Engine Valve Limited Return on Equity (ROE) for the year ending March 31, 2023 was -0.06%, a 99.53% change year over year.
Rane Engine Valve Limited Return on Equity (ROE) for the year ending March 31, 2022 was -12.21%, a -110.78% change year over year.
Rane Engine Valve Limited Return on Equity (ROE) for the year ending March 31, 2021 was -5.79%, a 60.66% change year over year.
Rane Engine Valve Limited Return on Equity (ROE) for the year ending March 31, 2020 was -14.72%, a -38.11% change year over year.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

NSE: RANEENGINE.NS

Rane Engine Valve Limited

CEO	Dr. Swaminathan Rajkumar
IPO Date	June 24, 2008
Location	India
Headquarters	ESPEE IT PARK
Employees	832
Sector	Consumer Discretionary
Industries Automotive Parts Automobiles & Vehicles

Description

Rane Engine Valve Limited, together with its subsidiaries, manufactures and supplies auto components for the internal combustion engine industry. The company offers engine valves, guides, and tappets for passenger cars, commercial vehicles, farm tractors, stationary engines, railway/marine engines, and two/three wheelers. It serves original equipment manufacturer and aftermarkets in India and internationally. The company was founded in 1959 and is headquartered in Chennai, India. Rane Engine Valve Limited is a subsidiary of Rane Holdings Limited.

Key trends

Past 5 years