Rane Holdings Ltd
RANEHOLDINRane Holdings Ltd's price has outrun its earnings. +6.9% in a year against EPS −52.8% — the market is paying now for delivery later.
The sharpest disagreement: the price moved +6.9% in a year while annual EPS moved −52.8% — the difference is re-rating, and re-rating has to be repaid with earnings.
The price is in a confirmed uptrend (4 weeks in) while the P/BV sits at the 72nd percentile of its own 10-year range. Underneath, the last four quarters read improving — profit +633.3% year on year, with the the net margin at 5.5%. What settles it: whether earnings grow into a price that has already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Rane Holdings Ltd trades at ₹1,729, in a confirmed uptrend and 4 weeks into that stage. That is +22.9% against its own 200-day average. It sits at 91% of a 52-week range of ₹1,048 to ₹1,793. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 16 straight weeks.
Today the stock is in a confirmed uptrend — week 4 of stage 2, confirmed. At ₹1,729 it trades +22.9% versus its 200-day average and sits at 91% of its 52-week range (₹1,048–₹1,793).
Against the market, two honest reads. Cumulative: over the last 10.3 years the stock moved +218% while the NIFTY 500 moved +274% — behind the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 16 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/BV sits at the 72nd percentile of its own range.
Valuation For a bank we price the book, not the earnings: P/BV is what the market pays for each ₹1 of the bank's net worth. A bank below 1× book is priced below the value of what it owns, net of what it owes.
Rane Holdings Ltd trades at 2.1× P/BV, at the pricey end of its own range (72nd percentile). Its long-run median P/BV is 1.8×, measured across 10.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/BV of 2.1× is at the pricey end of its own range (72nd percentile), against a long-run median of 1.8× measured over 10.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
The honest context for that discount: a bank earning about 7% on its equity is worth less per rupee of book, and the market has priced that in rather than overlooked it. The discount closes only if the returns themselves improve.
🚨 Why the multiple sits where it does: over the past year book value grew while the price moved +6.9% — the price ran ahead of the book, pushing the multiple up its own range.
The price move, decomposed: over 5y, of the +20.1%/yr price move, ~+9.3%/yr came from book-value growth and ~+10.8 pp from the multiple (expanding); over 10y, of the +11.0%/yr price move, ~+7.0%/yr came from book-value growth and ~+4.0 pp from the multiple (expanding). The split is the honest approximate (price return minus book-value growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the book-value line underneath it, not the multiple.
A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources disagree by up to 129% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: Turning around Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Rane Holdings Ltd reads as turning around on its fundamental arc. Turning around — profit growth swung from −83.2% at the trough to +633.3% off a 1-quarter-old trough (single-quarter readings). The read is built from 10 quarters across 2 curves, on partial evidence.
Why it matters: growth inflections are where re-ratings start — the curves say a turn is forming, so the question becomes whether the next quarters confirm it.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +34.7% | +18.8% | +23.7% | +9.4% |
| Profit | −38.0% | +16.3% | — | +5.7% |
| EPS | −52.8% | +16.3% | — | +4.1% |
| Share price | +6.9% | +16.4% | +20.1% | +11.0% |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
43.9/100 — rank 10 of 18 in Finance - Holding Company · 67% evidence confidence
Rane Holdings Ltd scores 43.9 out of 100 against the 18 companies it is compared with in Finance - Holding Company, ranking 10. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 16.3 + 13.9 + 4.9 + 8.8 = 43.9. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if ROA rolls over or gross NPA rises while sector-relative strength deteriorates.
Revenue For a bank, revenue is everything the franchise earns — interest on the loan book plus fee and other income.
Rane Holdings Ltd reported ₹1,609 Cr of income in the Mar 26 quarter, +17.1% year on year. That is the 6th straight quarter of year-on-year growth. Over 10 years it has compounded at 9.4% a year. The last full year, FY26, came in at ₹5,891 Cr. The last four reported quarters add to ₹5,884 Cr.
Rane Holdings Ltd reported ₹1,609 Cr of income in the Mar 26 quarter, +17.1% year on year. That is the 6th straight quarter of year-on-year growth. Over 10 years it has compounded at 9.4% a year. The last full year, FY26, came in at ₹5,891 Cr. The last four reported quarters add to ₹5,884 Cr.
FY26 revenue came in at ₹5,891 Cr (+34.7% on the year), capping 10 years at 9.4% compound. The latest quarter (Mar 26) printed ₹1,609 Cr, +17.1% year on year — the 6th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +38.7% growth against the decade's 9.4% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +34.9% over the last 4 quarters against +29.1%/yr over the last 8 — accelerating; TTM profit −38.5% vs −4.5%/yr — rolling over.
→ Revenue grew — did the net margin hold as it scaled? Next: 5.5% this quarter (+4.6 pp YoY).
Net margin Net margin — what the bank keeps of every ₹100 of revenue after every cost, provision and tax. It is the cleanest single margin we can read for a lender.
Rane Holdings Ltd's net margin is 5.5% in the Mar 26 quarter, +4.6 percentage points against the same quarter a year ago. Across 13 fiscal years the net margin has ranged −2.9% to 8.1%. The current quarter sits inside that band.
Rane Holdings Ltd's net margin is 5.5% in the Mar 26 quarter, +4.6 percentage points against the same quarter a year ago. Across 13 fiscal years the net margin has ranged −2.9% to 8.1%. The current quarter sits inside that band.
The latest quarter's net margin is 5.5%, +4.6 pp against the same quarter a year ago. Across 13 fiscal years the net margin has ranged −2.9%–8.1%.
Why: the numbers show the net margin move clearly, but the cost lines behind it sit below what we hold — so we state the move without inventing its driver.
→ The net margin held — did that reach the bottom line? Next: profit +633.3% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Rane Holdings Ltd earned ₹88.0 Cr of net profit in the Mar 26 quarter, +633.3% year on year. Full-year FY26 profit was ₹137 Cr. The 10-year compound rate is 5.7%. That is 5.5% of the quarter's revenue. The same quarter a year earlier earned ₹12.0 Cr. 1 of the last 12 reported quarters were loss-making.
Rane Holdings Ltd earned ₹88.0 Cr of net profit in the Mar 26 quarter, +633.3% year on year. Full-year FY26 profit was ₹137 Cr. The 10-year compound rate is 5.7%. That is 5.5% of the quarter's revenue. The same quarter a year earlier earned ₹12.0 Cr. 1 of the last 12 reported quarters were loss-making.
Mar 26 profit was ₹88.0 Cr, +633.3% year on year. On the full year, FY26 printed ₹137 Cr (−38.0%), and the 10-year compound rate is 5.7%.
Why profit moved: revenue contributed +17.1% and the margin +4.6 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit −91.2% vs revenue +38.7%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.
→ Profit is up — how clean is the loan book behind it? Next: we hold no quarterly loan-book numbers — the section says so plainly.
Asset quality — the ladder Gross NPA is the slice of the loan book where repayments have stopped. Net NPA is what remains after the money already set aside against those loans. Falling is healing; rising is damage arriving.
Loan-book quality history is not available for Rane Holdings Ltd, so this section names the gap rather than estimating a ratio. No gross or net non-performing-asset series is filed in a form this page can read, and none is inferred from the profit line. The income, margin and return sections above carry the evidence this business does report.
We do not hold quarterly loan-book quality numbers for this bank, so this section states that plainly rather than working around it.
Why: loan-book quality is the engine room of a bank, and its drivers — slippages, recoveries, provisioning — sit below what we hold for this name; the sections around it carry the reads we can stand behind.
→ Behind the profits — is the book itself still growing? Next: revenue grew +34.7% in FY26.
The loan book We read the loan book through revenue — when the book grows, revenue grows with it. It is a rough proxy, and we say so: rate moves and fee swings can shift it a few points in any one year.
Rane Holdings Ltd's revenue grew +34.7% in FY26 to ₹5,891 Cr, so the book is growing. The latest quarter ran +17.1% year on year. The net margin on that income is 5.5%, +4.6 percentage points against a year ago. Interest income is a proxy for the book; rate moves can shift it a few points in any one year.
FY26 revenue was ₹5,891 Cr, +34.7% on the year, and the latest quarter ran +17.1% year on year. The net margin on that revenue is 5.5% this quarter (+4.6 pp YoY) — growth with a widening margin on it.
The synthesis: a lender compounds when the book grows while the margin holds and the loan book stays clean — gross NPA is the loan-quality read we carry here.
→ Does all of this actually earn its keep on equity? Next: ROE is 7%.
Returns on equity and assets Two numbers usually rate a lender: ROE — what it earns on shareholder money — and ROA — what it earns on everything it deploys.
A clean annual return-on-equity ladder is not held for Rane Holdings Ltd. For an insurer especially the standard bank ratios are not the right lens, so this page does not force them onto the filings rather than estimating a series it cannot support. The revenue, margin and ownership sections above and below are the reads this page stands behind.
We do not hold a clean annual return-on-equity series for Rane Holdings Ltd — for an insurer especially, the standard bank ratios are not the right lens, so this page does not force them. The revenue, margin and ownership sections above and below are the reads we stand behind.
The quarterly return-on-equity and return-on-assets curves, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 129% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
→ Who owns Rane Holdings Ltd, and are they adding or leaving? Next: Domestic institutions added 1.6 points over 8 quarters.
Debt
For a bank, borrowings are raw material, not a warning sign — solvency is read through the returns and the loan book. A manufacturer’s debt is a claim against its profits, so the debt-to-equity lens that works everywhere else misleads on a lender and is not applied here.
A manufacturer’s debt is a claim against its profits; a bank’s borrowings are its inventory — money taken in to be lent out. The debt lens that works everywhere else misleads here, so this page does not apply it. The solvency questions for a bank — is the loan book sound, is the equity earning — are read through the loan-book and returns sections above.
→ Who owns this, and are they adding or leaving? Next: Domestic institutions added 1.6 points over 8 quarters.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Domestic institutions added 1.6 points of Rane Holdings Ltd over 8 quarters, the biggest move on the register. That takes domestic institutions to 3.4% of the company. Foreign institutions moved +0.4 points over the same window, to 0.9%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Domestic institutions: +1.6 points over 8 quarters to 3.4%; Foreign institutions: +0.4 points over 8 quarters to 0.9%; Promoters: +0.1 points over 8 quarters to 46.6%.
Why the register moved: domestic institutions drove it (+1.6 points) — steady accumulation by institutions reading the same numbers this page reads.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Rane Holdings Ltd: the Z-score is omitted — it was built for manufacturers, not banks, and applying it here would be theatre. The Z-score was built for manufacturers and is not applied to banks and lenders, so solvency here is read from the capital and asset-quality lines instead.
The safety line in one sentence: the Z-score is omitted — it was built for manufacturers, not banks, and applying it here would be theatre.
| Company | P/BV | Mkt cap | Revenue | EPS | ROE | Stage |
|---|---|---|---|---|---|---|
| Rane Holdings Ltd this page | 2.1× | ₹2,482 Cr | — | Turning around | ||
| Bajaj Finserv Ltd | 3.9× | ₹3L Cr | — | Mixed | ||
| Bajaj Holdings & Investment Ltd | 1.6× | ₹1.2L Cr | — | No read | ||
| Max Financial Services Ltd | 9.9× | ₹52,302 Cr | — | Deteriorating | ||
| Godrej Industries Ltd | 4.0× | ₹44,875 Cr | — | Improving | ||
| Tata Investment Corporation Ltd | 1.1× | ₹31,913 Cr | — | No read | ||
| TVS Holdings Ltd | 4.6× | ₹29,606 Cr | — | Mixed | ||
| Cholamandalam Financial Holdings Ltd | 1.8× | ₹28,480 Cr | Consistent | |||
| Maharashtra Scooters Ltd | 0.5× | ₹14,482 Cr | — | Mixed | ||
| JSW Holdings Ltd | 0.4× | ₹12,060 Cr | — | Improving | ||
| Kama Holdings Ltd | 1.0× | ₹8,155 Cr | — | Mixed | ||
| Kama Holdings Ltd | 1.0× | ₹8,112 Cr | — | Mixed | ||
| Pilani Investment & Industries Corporation Ltd | 0.3× | ₹4,774 Cr | — | Deteriorating | ||
| Kalyani Investment Company Ltd | 0.2× | ₹2,315 Cr | — | Mixed | ||
| Alembic Ltd | 0.9× | ₹2,258 Cr | — | No read | ||
| Elcid Investments Ltd | 0.3× | ₹2,190 Cr | — | No read | ||
| Vardhman Holdings Ltd | 0.3× | ₹1,118 Cr | — | Deteriorating | ||
| Jindal Poly Investment & Finance Company Ltd | 0.7× | ₹1,082 Cr | — | Mixed | ||
| Max India Ltd | 2.3× | ₹958 Cr | — | No read |
Frequently asked questions
What is Rane Holdings Ltd's share price today?
Rane Holdings Ltd trades at ₹1,729, +6.9% over the past year. The company is valued at ₹2,482 Cr. The stock sits at 91% of its 52-week range of ₹1,048–₹1,793, +22.9% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 4 weeks in. — as of 24 July 2026.
What were Rane Holdings Ltd's latest quarterly results?
Rane Holdings Ltd reported total income of ₹1,609 Cr and net profit of ₹88.0 Cr for the Mar 26 quarter. Income rose 17.1% and profit rose 633.3% year on year. Earnings per share were ₹51.94. The net margin was 5.5%, 4.6 pp higher than a year earlier. — as of 24 July 2026.
What is Rane Holdings Ltd's revenue?
Rane Holdings Ltd reported revenue of ₹1,609 Cr in the Mar 26 quarter, +17.1% year on year. For the full FY26 fiscal year, revenue was ₹5,891 Cr (+34.7%). Over the last 10 years revenue compounded at 9.4% a year. — as of 24 July 2026.
What is Rane Holdings Ltd's profit?
Rane Holdings Ltd earned ₹88.0 Cr of net profit in the Mar 26 quarter, +633.3% year on year. Full-year FY26 profit was ₹137 Cr. The net margin ran 5.5% in the latest quarter. — as of 24 July 2026.
What is Rane Holdings Ltd's market cap?
Rane Holdings Ltd's market capitalisation is ₹2,482 Cr at a share price of ₹1,729. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is Rane Holdings Ltd's P/BV ratio?
Rane Holdings Ltd trades at a P/BV of 2.1×, at the 72nd percentile of its own 10-year range, against a long-run median of 1.8×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does Rane Holdings Ltd pay a dividend?
Yes — Rane Holdings Ltd's dividend payout was 69% of profit in FY26, and it recorded a payout in 11 of its last 13 reported fiscal years. One of those years shows a negative ratio because profit itself was negative. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.
Is Rane Holdings Ltd overvalued?
On its own history, Rane Holdings Ltd looks expensive against its own history: its P/BV of 2.1× sits at the 72nd percentile of its 10-year range (long-run median 1.8×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.
Is Rane Holdings Ltd growing?
Yes — Rane Holdings Ltd is growing: latest-quarter revenue +17.1% year on year, profit +633.3%, and the the net margin +4.6 pp at 5.5%. The 10-year compound rates are 9.4% (revenue) and 5.7% (profit). The earnings engine currently reads: improving — as of 24 July 2026.
How is Rane Holdings Ltd performing?
Rane Holdings Ltd is in a confirmed uptrend, 4 weeks in. Its latest quarter's income rose 17.1% and profit rose 633.3% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 16 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
What stage is Rane Holdings Ltd in?
Turning around — profit growth swung from −83.2% at the trough to +633.3% off a 1-quarter-old trough (single-quarter readings). The read comes from the last 12 quarters of growth (revenue growth +17.1% latest, profit growth +633.3% latest) plus the ROE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.
Is Rane Holdings Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 4 of stage 2), trading +22.9% versus its 200-day average and at 91% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is Rane Holdings Ltd beating the market?
On recent form, yes — Rane Holdings Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 16 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.3 years the stock moved +218% against the NIFTY 500's +274% — behind the index over the full window. — as of 24 July 2026.
Will Rane Holdings Ltd's share price go up?
This page publishes no price forecast for Rane Holdings Ltd. What it measures instead: the share price is ₹1,729, the price is in a confirmed uptrend 4 weeks in. Its P/BV of 2.1× sits at the 72nd percentile of its own 10-year range. — as of 24 July 2026.
Who owns Rane Holdings Ltd?
Promoters hold 46.6% of Rane Holdings Ltd, foreign institutions 0.9%, domestic institutions 3.4% and the public 49.0% (latest quarter). The biggest move on the register over the last two years: Domestic institutions added 1.6 points over 8 quarters. — as of 24 July 2026.
Is Rane Holdings Ltd's loan book healthy?
We do not hold quarterly loan-book quality numbers for Rane Holdings Ltd, so this page says that plainly. The cleanest available reads are revenue growth (+34.7% in FY26) and the net margin on it (5.5%) — as of 24 July 2026.
Where is Rane Holdings Ltd in its business cycle?
Rane Holdings Ltd's FY26 net margin was 2.3%, against a 13-year band of −2.9%–8.1%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 5.5%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the Rane Holdings Ltd story?
The sharpest disagreement: the price moved +6.9% in a year while annual EPS moved −52.8% — the difference is re-rating, and re-rating has to be repaid with earnings. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is Rane Holdings Ltd a stock worth studying right now?
This is not investment advice. The machine read: Rane Holdings Ltd's price has outrun its earnings. +6.9% in a year against EPS −52.8% — the market is paying now for delivery later. The sharpest open question: whether earnings grow into a price that has already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.