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rane brake lining ltd (RBL) Snapshot

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rane brake lining ltd (RBL) Details

Rane Brake Lining Limited manufactures and markets friction material products to OEMs in India. It offers brake linings, disc pads, clutch facings, clutch buttons, brake shoes, railway brake blocks, and nbrake pads for passenger cars, utility vehicles, commercial vehicles, two wheelers, and railways. The company was formerly known as Rane Brake Products Limited and changed its name to Rane Brake Lining Limited in February 2008. The company was founded in 1964 and is based in Chennai, India. Rane Brake Lining Limited is a subsidiary of Rane Holdings Limited.

853 Employees
Last Reported Date: 06/26/15
Founded in 1964

rane brake lining ltd (RBL) Top Compensated Officers

Chief Financial Officer and Vice President of...
Total Annual Compensation: 2.9M
Compensation as of Fiscal Year 2015.

rane brake lining ltd (RBL) Key Developments

Rane Brake Lining Limited Approves Appointment of Mr. Vinay Lakshman as Managing Director with Effect from Oct. 1, 2015

Rane Brake Lining Limited announced that at the board meeting held on July 20, 2015 approved appointment of Mr. Vinay Lakshman as Managing Director with effect from Oct. 1, 2015.

Rane Brake Lining Limited Reports Unaudited Earnings Results for the First Quarter Ended June 30, 2015

Rane Brake Lining Limited reported unaudited earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported net sales (net of excise duty) of INR 1,035.261 million compared to INR 1,015.203 million reported a year ago. Profit from operations before other income, finance costs and exceptional items was INR 64.431 million compared to INR 58.682 million reported a year ago. Profit from ordinary activities before tax was INR 60.811 million compared to INR 43.585 million reported a year ago. Net profit for the period was INR 48.221 million or INR 6.09 per basic and diluted share compared to INR 35.791 million or INR 4.52 per basic and diluted share reported a year ago.

Rane Brake Lining Limited, Board Meeting, Jul 20, 2015

Rane Brake Lining Limited, Board Meeting, Jul 20, 2015. Agenda: To consider quarterly results; and to consider the retirement of P. S. Rao as Manager of the company.


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Price/Sales 0.6x
Price/Book 2.0x
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