Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


July 27, 2015 11:45 PM ET

Auto Components

Company Overview of Rane NSK Steering Systems Ltd.

Company Overview

Rane NSK Steering Systems Ltd. manufactures and sells manual and electric-power steering systems. The company was incorporated in 1995 and is based in Chennai, India. Rane NSK Steering Systems Ltd. operates as a subsidiary of NSK Ltd.

14 Rajagopalan Salai

Vallancherry

Guduvancherry

Chennai,  603 202

India

Founded in 1995

Phone:

91 41 1426 6002

Fax:

91 41 1426 5313

Key Executives for Rane NSK Steering Systems Ltd.

President
Age: 63
Compensation as of Fiscal Year 2015.

Rane NSK Steering Systems Ltd. Key Developments

Rane NSK Steering Systems Private Ltd. Announces Earnings Results for the Full Year of 2015; Announces Earnings Guidance for the Financial Year of 2017 to 2018

Rane NSK Steering Systems Private Ltd. announced earnings results for the full year of 2015. For the year, the company reported op. EBITDA (earnings before interest, depreciation, tax and amortisation from operations) of INR 716 million against INR 551 million a year ago. Net sales were INR 6,230 million against INR 5,237 million a year ago. PBT before exceptional items was INR 428 million against INR 278 million a year ago. PBT was INR 445 million against INR 230 million a year ago. PAT was INR 296 million against INR 141 million a year ago. EPS were INR 16.5 against INR 7.9 a year ago. The company spent INR 240 million in capex in 2014-2015 to meet the future market growth. The company plans capex of INT 2,000 million, achieve CAGR of 25% in sales and ROCE of 30% by 2017 to 2018.

Rane NSK Steering Systems Ltd. Reports Earnings Results for the Half Year Ended September 30, 2014

Rane NSK Steering Systems Ltd. reported earnings results for the half year ended September 30, 2014. For the period, the company reported net sales of INR 3,244 million against INR 2,315 million a year ago. Operating EBITDA was INR 392 million against INR 196 million a year ago. PBT was INR 245 million against INR 80 million a year ago. PAT was INR 162 million against INR 49 million a year ago. EPS (annualised) was INR 18.1 against INR 5.5 a year ago.

Rane NSK Steering Systems Ltd. Announces Earnings Results for the Fiscal Year 2014

Rane NSK Steering Systems Ltd. announced earnings results for the fiscal year 2014. For the year, net sales were INR 5,240 million against INR 5,726 million a year ago, decline of 8% over the previous year mainly in the manual column business on account of lower than anticipated performance with key passenger vehicle customers and the slowdown in the commercial vehicles segment. Op. EBITDA was INR 555 million against INR 586 million a year ago. PBT was INR 230 million against INR 363 million a year ago. PAT was INR 141 million against INR 249 million a year ago. Adjusted PAT was INR 189 million against INR 249 million a year ago. EPS was INR 7.9 against INR 13.9 a year ago. Book value was INR 41.6 against INR 33.7 a year ago. Capex was INR 470 million mainly towards capacity enhancement.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Rane NSK Steering Systems Ltd., please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.