# RACL Geartech share price today (RACL Geartech Ltd, NSE: RACLGEAR)

> RACL Geartech share price today: ₹1,406.20 at the NSE close on 3 November 2026, up 22.1% in a year. RACL Geartech (NSE: RACLGEAR) is worth ₹1,657 crore, trades at a P/E of 33.3 and has closed between ₹960.25 and ₹1,761.45 over the past 52 weeks. > RACL Geartech Ltd's earnings have grown faster than its share price. Earnings per share grew +88.3% in a year while the price moved +22.1%. RACLGEAR · Auto Ancillaries - Gears · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/racl-geartech-ltd

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## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: ₹1,406.20 (+22.1% in a year)
- P/E: 33.3× (higher than 75% of the last 7 years)
- Revenue (Jun 2026): ₹132 Cr (+31.5% on a year ago)
- Profit (Jun 2026): ₹8.9 Cr (+7.7% on a year ago)
- Operating margin: 24.1% (+5.4 points on a year ago)
- ROCE: 17%, FY26
- ROIC: 10.3%, against a 12.0% cost of capital: −1.7 points

The main question: yearly earnings per share moved +88.3% while the share price moved +22.1%. ## What is the RACL Geartech share price today? RACL Geartech Ltd's share price was ₹1,406.20 at the close on 3 November 2026. It has been rising for 70 weeks. That is 3.7% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹960 and ₹1,761, and at that close it sat 56% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row. Over the last 11 years the share price moved +4,869% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at RACL Geartech this quarter? Three changes stood out: best operating margin in 12 quarters, profit up on a year earlier for 5 quarters in a row and revenue up on a year earlier for 4 quarters in a row. 1. Best operating margin in 12 quarters Operating margin was 24.1% in the June 2026 quarter, against 18.7% a year earlier. 2. Profit up on a year earlier for 5 quarters in a row In the June 2026 quarter profit was ₹9 crore, +7.7% on a year earlier. Why: Profit rose because the company paid less interest on its loans after repayments. Next results: check whether interest cost stays lower as loans are repaid. From the earnings call on 25 Aug 2026. 3. Revenue up on a year earlier for 4 quarters in a row In the June 2026 quarter revenue was ₹132 crore, +31.5% on a year earlier. Why: Revenue rose because KTM Austria came back to normal volumes and its new flagship model sold well. Next results: check whether BMW signs off on October 24 and starts customer-car supplies in October-November. From the earnings call on 25 Aug 2026. ## What are RACL Geartech's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), RACL Geartech reported revenue of ₹132 crore, up 31.5% from ₹101 crore a year earlier, and a profit of ₹8.90 crore, up 7.7% from ₹8.26 crore. ### RACL Geartech results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹132 crore | ₹101 crore | +31.5% |
| Profit | ₹8.90 crore | ₹8.26 crore | +7.7% |
| Earnings per share | ₹7.55 | ₹7.01 | +7.7% |
| Operating margin | 24.1% | 18.7% | +5.4 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). RACL Geartech's management discussed these results on a call held on 25 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the RACL Geartech share price history? RACL Geartech closed at ₹1,406.20 on 3 November 2026, up 22.1% from ₹1,151.30 a year earlier (31 October 2025) and up 157.4% over five years. Its highest weekly close since February 2016 was ₹1,761.45 on 18 September 2026. ### RACL Geartech share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹1,323.85 | +6.2% |
| 1 month ago · 1 Oct 2026 | ₹1,541.15 | −8.8% |
| 6 months ago · 30 Apr 2026 | ₹1,275.00 | +10.3% |
| 1 year ago · 31 Oct 2025 | ₹1,151.30 | +22.1% |
| 3 years ago · 3 Nov 2023 | ₹1,395.35 | +0.8% |
| 5 years ago · 4 Nov 2021 | ₹546.40 | +157.4% |
| 10 years ago · 4 Nov 2016 | ₹34.45 | +3,981.9% |
| Earliest weekly close in our records · 26 Feb 2016 | ₹28.30 | +4,868.9% |
| Highest weekly close since February 2016, also the 52-week high · 18 Sep 2026 | ₹1,761.45 | −20.2% |
| Lowest weekly close since February 2016 · 3 Jun 2016 | ₹27.45 | +5,022.8% |
| 52-week low (weekly close) · 23 Jan 2026 | ₹960.25 | +46.4% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (565 weekly closes from 26 February 2016 to 3 November 2026.)

## What is the latest news on RACL Geartech? 3 Nov 2026: RACL Geartech closed at ₹1,406.20, up 6.2% on the week and down 8.8% on the month. 25 Aug 2026: RACL Geartech held its results call for April to June 2026. Management guided: FY27 revenue guidance retained within the stated plus or minus 5% range; longer-term annual growth goal 15-20% over the next 3-4 years. ### Earlier

- Results for April to June 2026: Revenue up 31.5% and profit up 7.7% on a year earlier. - 20 Feb 2026: ex-date for an interim dividend of ₹1.50 a share. ## What dividend does RACL Geartech pay? RACL Geartech paid ₹1.50 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.11% at the ₹1,406.20 close on 3 November 2026. The last was an interim dividend of ₹1.50 a share, ex-date 20 February 2026. ### RACL Geartech dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 20 Feb 2026 | ₹1.50 | Interim |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 1 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. RACL Geartech Ltd paid out 4% of its profit as dividends in FY26, and it paid a dividend in 6 of its last 8 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did RACL Geartech management say on the latest results call? On the call for April to June 2026, held on 25 August 2026, RACL Geartech's management guided: FY27 revenue guidance retained within the stated plus or minus 5% range; longer-term annual growth goal 15-20% over the next 3-4 years. > “Caution will always work together with sustainable growth. We do not want to enter a rat race of driving numbers without ensuring that whatever we do is sustainable.”
> Gursharan Singh, on the call for April to June 2026

### What management guided

- FY27 full-year blended tax rate at 25.6%. - Heat-treatment building completion by October 2026; equipment arrival September-October 2026, commissioning October-December 2026, trial production January 2027. - FY27 Capital spending approximately ₹77 crore, including roughly ₹40 crore heat-treatment replacement and ₹30-35 crore capacity expansion, with expansion partly spanning FY27-FY28. - BMW final sign-off on October 24, 2026, followed by customer-car supplies in October-November. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/2179-25-Aug-2026.pdf). (From the call for April to June 2026, 25 August 2026.)

## What to watch in RACL Geartech's next results? When RACL Geartech reports July to September 2026, these are the 3 checks that show whether the story is still on course. First: BMW final sign-off and customer-car pilot shipments - check approval and transition from conditional parts to planned commercial flow. - What to check (from the call)
- BMW final sign-off and customer-car pilot shipments - check approval and transition from conditional parts to planned commercial flow. - Royal Enfield monthly output - check progress toward nominated demand and evidence that sustained volumes justify the next capacity step. - Electric heat-treatment plant - check construction, equipment arrival, commissioning, and trial production against the announced sequence. ## Which stock lists is RACL Geartech on? RACL Geartech is not on any of our India lists this week. ## Is RACL Geartech profitable? RACL Geartech Ltd earned ₹8.9 Cr of net profit in the Jun 2026 quarter, +7.7% on the same quarter a year earlier. That is the 5th quarter in a row of profit growth. Full-year FY26 profit was ₹49.0 Cr. Over 7 years profit has grown 25.5% a year on average. That is 6.7% of the quarter's revenue. The same quarter a year earlier earned ₹8.3 Cr. For the full year, FY26 profit was ₹49.0 Cr (+104.2% on the year before). Why profit moved: revenue changed +31.5% on a year earlier and the margin moved +5.4 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +82.8% and revenue +29.4%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does RACL Geartech make, and is it growing? RACL Geartech Ltd reported ₹132 Cr of revenue in the Jun 2026 quarter, +31.5% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 7 years it has grown 14.5% a year on average. The last full year, FY26, came in at ₹490 Cr. The last four reported quarters add to ₹522 Cr. FY26 revenue was ₹490 Cr, +18.1% on the year before. Recent pace: the last four quarters grew +29.4% on average, against 14.5% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +28.2%, against +10.1% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +78.1%, against +19.4% a year (accelerating). ## How much of every ₹100 of sales does RACL Geartech keep? RACL Geartech Ltd's operating margin was 24.1% in the Jun 2026 quarter, 5.4 percentage points higher than the same quarter a year ago. Across 8 years it has been between 17.0% and 25.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +5.4 percentage points on the year while gross margin changed +5.0 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is RACL Geartech's profit turning into cash? Over the last 3 years, 163% of RACL Geartech Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹92.0 Cr of operating cash against ₹49.0 Cr of profit. After ₹51.0 Cr of spending on assets, ₹41.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 163% of profit came in as cash: the cash cycle got 144 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 2.3× depreciation over three years. The next section checks what that spending is building. ## Where does RACL Geartech's cash go? RACL Geartech Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 329 days in FY26, up from 185 days in FY21. It spent ₹205 Cr on assets over the last 3 years. Customers take 109 days to pay, and stock sits for 375 days on average. At FY26 sales of ₹490 Cr, each day of that cycle ties up about ₹1.3 Cr, so roughly ₹442 Cr is tied up in the business at any time. FY26: customers took 109 days to pay and stock sat for 375 days, about 12.3 months of sales sitting as stock, for a full cycle of 329 days, longer than FY21's 185. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 375 days. Customers pay about 109 days after that. Suppliers are paid at 155 days. Together that makes the 329-day cycle. Spending on assets: ₹205 Cr over the last 3 years, against ₹89.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹3.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is RACL Geartech's P/E ratio, and how does it compare with its own history? RACL Geartech Ltd's P/E is 33.3×, near the high end of its own history: higher than 75% of past readings. Its usual P/E (the middle reading) is 28.9×, over 7 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +88.3% while the price moved +22.1%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +20.8% a year; about +11.0% a year came from earnings growth and about +9.8 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the RACL Geartech business getting better or worse? RACL Geartech Ltd's business is turning around. Profit growth has swung from −37.4% at its low to +78.1%, rising from a low 5 quarters ago, with ROCE rising at 24.4%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## What is RACL Geartech management's track record? RACL Geartech's track record is mixed; management missed its initial FY25 revenue goal of ₹500cr, delivering ₹427.29cr due to global headwinds and a temporary production halt at key client KTM. However, FY26 has demonstrated a sharp recovery. In October to December 2025, the company reported revenue of ₹137.32cr (up 22% on a year earlier) and a profit surge of 149% to ₹16.29cr, significantly exceeding sequential growth expectations. Management has issued a conservative FY27 revenue guidance of ₹565cr (±5%), supported by a ₹77.45cr capital spending plan for plant modernization and new business wins from ZF for North American markets. ### Regulatory and governance record

No material regulatory red flags, fraud allegations, or SEBI penalties were identified for RACL Geartech Ltd (RACLGEAR) during the 2024-2026 period. In May 2025, the NSE issued a standard advisory for the company to 'strengthen internal controls' to monitor trades by proposed allottees during a preferential issue of 8.3 lakh shares to QIBs, ensuring compliance with SEBI (ICDR) Regulations. Routine exchange clarifications regarding price and volume movements were issued in October 2025, which the company addressed by confirming no undisclosed material events existed. Note: A March 2026 SEBI order penalizing 'Retro Green Revolution Ltd' (RGRL) for share manipulation is entirely unrelated to RACL Geartech. (Checked 20 April 2026.)

## How much does RACL Geartech earn on its capital? RACL Geartech Ltd earned a ROCE of 17% in FY26. That is up from a low of 12% in FY25. Its return on capital used (ROIC) is 1.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 10.0% net margin and 0.70× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 10.0% net margin × 0.70× asset turnover × 1.99× leverage (assets divided by equity) ≈ 13.9% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 10.3% − 12.0% = −1.7 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does RACL Geartech have too much debt? RACL Geartech Ltd has total debt of ₹236 Cr against shareholder equity of ₹352 Cr as of Jun 2026, so its debt is 0.67× its equity. Year by year, that ratio went from 1.26 in FY22 to 0.67 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the RACL Geartech shareholding pattern? Promoters cut their stake in RACL Geartech Ltd by 10.6 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 42.7% of the company. Foreign institutions moved +9.0 points over the same period, to 9.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −10.6 points over 8 quarters, to 42.7%; Foreign institutions: +9.0 points over 8 quarters, to 9.0%; Domestic institutions: +3.4 points over 8 quarters, to 3.4%. Why the owners changed: promoters drove it (−10.6 points), with the other side taken by foreign institutions (+9.0 points). They reduced their stake. ## How far is RACL Geartech from balance-sheet trouble? For RACL Geartech Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does RACL Geartech rank in its industry? 58.4 out of 100, rank 2 of 7 in Auto Ancillaries - Gears, with 96% of the evidence available. RACL Geartech Ltd scores 58.4 out of 100 against the 7 companies it is compared with in Auto Ancillaries - Gears, ranking 2. Earnings are strong; relative strength in its sector is -8.6% and the one-year return is 18.4%. The four parts add up to the total exactly: 30.1 + 19.7 + 4.2 + 4.4 = 58.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is RACL Geartech compared with? RACL Geartech ranks 2 of 7 Auto Ancillaries - Gears companies on the 4-Factor Sector Score, with 58.4 out of 100. 1. [Rane (Madras) Ltd](https://www.sectoralpha.in/stocks/rane-madrasltd) RML · leader · Evidence leans up · 71% evidence 62.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.4/35 · Revenue 16% · Profit 100% · Operating margin change 0 points · 83% evidence Capital efficiency 12.1/25 · ROCE 14% · Operating margin 8% · 76% evidence Valuation 11.5/20 · P/E 27.1× · PEG n/a · 15% evidence Relative strength 14.0/20 · Lead over its industry 8.3% · Lead over NIFTY 500 29.3% · 1 year 45.3% · 100% evidence · 11 of 12 weeks ahead Exact sum: 24.4 + 12.1 + 11.5 + 14 = 62 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. RACL Geartech Ltd this page RACLGEAR · leader · Evidence leans up · 96% evidence 58.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.1/35 · Revenue 28.2% · Profit 78.1% · Operating margin change 5.4 points · 88% evidence Capital efficiency 19.7/25 · ROCE 16.9% · Operating margin 24.1% · 100% evidence Valuation 4.2/20 · P/E 32.4× · PEG 6.01 · 100% evidence Relative strength 4.4/20 · Lead over its industry -8.6% · Lead over NIFTY 500 10.2% · 1 year 18.4% · 100% evidence · 11 of 12 weeks ahead Exact sum: 30.1 + 19.7 + 4.2 + 4.4 = 58.4 · What this means: Earnings are strong; relative strength in its sector is -8.6% and the one-year return is 18.4%. 3. [Sar Auto Products Ltd](https://www.sectoralpha.in/stocks/sar-auto-products-ltd) Too little evidence to rank firmly · 56% evidence 43.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.7/43.75 · Revenue 39.9% · Profit 100% · Operating margin change -4.2 points · 83% evidence Capital efficiency 7.3/31.25 · ROCE 2.1% · Operating margin 12.6% · 95% evidence Valuation 10.6/25 · P/E 4220× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 25.7 + 7.3 + 10.6 = 43.6 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 4. [Z F Steering Gear (India) Ltd](https://www.sectoralpha.in/stocks/z-f-steering-gear-indialtd) ZFSTEERING · turning · Evidence leans down · 63% evidence 42.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.6/35 · Revenue 16.4% · Profit 66.7% · Operating margin change -5 points · 83% evidence Capital efficiency 6.4/25 · ROCE 6.5% · Operating margin 9% · 76% evidence Valuation 9.6/20 · P/E 32.5× · PEG n/a · 50% evidence Relative strength 10.2/20 · Lead over its industry n/a · Lead over NIFTY 500 2.9% · 1 year -27.5% · 25% evidence · 5 of 12 weeks ahead Exact sum: 16.6 + 6.4 + 9.6 + 10.2 = 42.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [JTEKT India Ltd](https://www.sectoralpha.in/stocks/jtekt-india-ltd) JTEKTINDIA · basing · Evidence leans down · 78% evidence 40.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.8/35 · Revenue 16.8% · Profit 1.5% · Operating margin change -0.1 points · 83% evidence Capital efficiency 10.6/25 · ROCE 9.8% · Operating margin 5.3% · 76% evidence Valuation 12.0/20 · P/E 39.7× · PEG n/a · 50% evidence Relative strength 0.7/20 · Lead over its industry -30.2% · Lead over NIFTY 500 -14% · 1 year -29.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.8 + 10.6 + 12 + 0.7 = 40.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Shanthi Gears Ltd](https://www.sectoralpha.in/stocks/shanthi-gears-ltd) SHANTIGEAR · breaking out · Evidence leans down · 85% evidence 36.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 5.2/35 · Revenue -14.4% · Profit -37.6% · Operating margin change -2 points · 100% evidence Capital efficiency 18.9/25 · ROCE 25.6% · Operating margin 18% · 100% evidence Valuation 1.1/20 · P/E 58.5× · PEG 3.18 · 100% evidence Relative strength 10.9/20 · Lead over its industry n/a · Lead over NIFTY 500 3.4% · 1 year -4.4% · 25% evidence · 10 of 12 weeks ahead Exact sum: 5.2 + 18.9 + 1.1 + 10.9 = 36.1 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 7. [The Hi-Tech Gears Ltd](https://www.sectoralpha.in/stocks/the-hi-tech-gears-ltd) HITECHGEAR · basing · Most evidence points down · 74% evidence 31.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.3/35 · Revenue 5.5% · Profit -38.6% · Operating margin change -1.1 points · 88% evidence Capital efficiency 10.9/25 · ROCE 6.9% · Operating margin 11.1% · 100% evidence Valuation 4.5/20 · P/E 47.7× · PEG 3.3 · 65% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -15.7% · 1 year -37.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 8.3 + 10.9 + 4.5 + 7.5 = 31.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Auto Ancillaries - Gears](https://www.sectoralpha.in/sectors/auto-ancillaries-gears), all 7 compared on one page. ## Which companies are close to RACL Geartech in size? RACL Geartech is the 5th largest of 7 Auto Ancillaries - Gears companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Sar Auto Products, Shanthi Gears, Rane (Madras) and JTEKT India. Just below it: The Hi-Tech Gears and Z F Steering Gear (India). ### Auto Ancillaries - Gears companies close in size

1. [Sar Auto Products Ltd](https://www.sectoralpha.in/stocks/sar-auto-products-ltd) ₹3,883 crore
2. [Shanthi Gears Ltd](https://www.sectoralpha.in/stocks/shanthi-gears-ltd) ₹3,599 crore
3. [Rane (Madras) Ltd](https://www.sectoralpha.in/stocks/rane-madrasltd) ₹3,271 crore
4. [JTEKT India Ltd](https://www.sectoralpha.in/stocks/jtekt-india-ltd) ₹3,042 crore
5. RACL Geartech Ltd ₹1,612 crore
6. [The Hi-Tech Gears Ltd](https://www.sectoralpha.in/stocks/the-hi-tech-gears-ltd) ₹941 crore
7. [Z F Steering Gear (India) Ltd](https://www.sectoralpha.in/stocks/z-f-steering-gear-indialtd) ₹655 crore

[All 7 Auto Ancillaries - Gears companies, largest first](https://www.sectoralpha.in/sectors/auto-ancillaries-gears#all-companies)

### Companies close in size in other industries

1. [Camlin Fine Sciences Ltd](https://www.sectoralpha.in/stocks/camlin-fine-sciences-ltd) ₹1,616 crore · Chemicals - Others
2. [BF Utilities Ltd](https://www.sectoralpha.in/stocks/bf-utilities-ltd) ₹1,612 crore · Power - Generation/Distribution
3. RACL Geartech Ltd ₹1,612 crore
4. [Avadh Sugar & Energy Ltd](https://www.sectoralpha.in/stocks/avadh-sugar-energy-ltd) ₹1,609 crore · Sugar
5. [Sagar Cements Ltd](https://www.sectoralpha.in/stocks/sagar-cements-ltd) ₹1,608 crore · Cement

## What else do people ask about RACL Geartech? ### What is RACL Geartech's share price today? RACL Geartech Ltd's share price is ₹1,406.20, +22.1% over the past year. The whole company is worth ₹1,657 Cr on the market. In the last 52 weeks it traded between ₹960 to ₹1,761; today it is 56% of the way up from the low, 3.7% above its 200-day average (as of 3 November 2026). ### What were RACL Geartech's latest quarterly results? RACL Geartech Ltd reported revenue of ₹132 Cr and net profit of ₹8.9 Cr for the Jun 2026 quarter. Revenue rose 31.5% and profit rose 7.7% compared with a year earlier. Earnings per share were ₹7.55. The operating margin was 24.1%, 5.4 percentage points higher than a year earlier (as of 3 November 2026). ### What is RACL Geartech's market cap? RACL Geartech Ltd's market capitalisation is ₹1,657 Cr at a share price of ₹1,406.20. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is RACL Geartech performing? RACL Geartech Ltd's share price has been rising for 70 weeks. In its latest quarter, revenue rose 31.5% and profit rose 7.7% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 3 November 2026). ### Will RACL Geartech's share price go up? This page does not forecast RACL Geartech Ltd's share price. What it shows instead: the share price is ₹1,406.20, and it has been rising for 70 weeks. Its P/E of 33.3× is higher than 75% of its own last 7 years (as of 3 November 2026). ### Where is RACL Geartech in its business cycle? RACL Geartech Ltd's FY26 operating margin was 22.0%, against a 8-year range of 17.0% to 25.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 24.1%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the RACL Geartech story? The main question: yearly earnings per share moved +88.3% while the share price moved +22.1%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is RACL Geartech a stock worth studying right now? What the numbers show: RACL Geartech Ltd's earnings have grown faster than its share price. Earnings per share grew +88.3% in a year while the price moved +22.1%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a RACL Geartech share price forecast for 2026? What management itself guided: FY27 revenue guidance retained within the stated plus or minus 5% range; longer-term annual growth goal 15-20% over the next 3-4 years. ### Where does this page get RACL Geartech's management information? From RACL Geartech's results calls, its filings and public records on governance, each dated on the page. Management’s plans are shown as plans, never as results. This is research, not advice. We’re not SEBI-registered.