Rane Brake Lining Ltd Q4FY21 PAT rises to Rs. 14.27 crore

RANE BRAKE LINING LTD. has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.152.36 crores during the period ended March 31, 2021 as compared to Rs.133.58 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.14.27 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.12.89 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.18.39 for the period ended March 31, 2021 as compared to Rs.16.40 for the period ended December 31, 2020.

Financials	Q4 FY20-21	Q3 FY20-21	% Change
Total Income	₹ 152.36 crs	₹ 133.58 crs	14.06%
Net Profit	₹ 14.27 crs	₹ 12.89 crs	10.71%
EPS	₹ 18.39	₹ 16.40	12.13%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.152.36 crores during the period ended March 31, 2021 as compared to Rs.119.84 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.14.27 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.9.32 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.18.39 for the period ended March 31, 2021 as compared to Rs.11.78 for the period ended March 31, 2020.

Financials	Q4 FY20-21	Q4 FY19-20	% Change
Total Income	₹ 152.36 crs	₹ 119.84 crs	27.14%
Net Profit	₹ 14.27 crs	₹ 9.32 crs	53.11%
EPS	₹ 18.39	₹ 11.78	56.11%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.434.81 crores during the 12 months period ended March 31, 2021 as compared to Rs.481.43 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.31.80 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.34.34 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.40.45 for the 12 months period ended March 31, 2021 as compared to Rs.43.39 for the 12 months period ended March 31, 2020.

Financials	Year Ended FY20-21	Year Ended FY19-20	% Change
Total Income	₹ 434.81 crs	₹ 481.43 crs	-9.68%
Net Profit	₹ 31.80 crs	₹ 34.34 crs	-7.4%
EPS	₹ 40.45	₹43.39	-6.78%

"The demand environment remained favourable in the Q4 FY21 helping RBL post highest ever quarterly sales. The intensity of second wave and resultant lockdown is likely to impact the growth in Q1 FY22. We continue to prioritise safety of our employees and focus on cost management to navigate the challenging times." - L. Ganesh, Chairman, Rane Group.

Shares of RANE BRAKE LINING LTD. was last trading in BSE at Rs.805 as compared to the previous close of Rs. 795.6. The total number of shares traded during the day was 62 in over 10 trades.

The stock hit an intraday high of Rs. 810.2 and intraday low of 795.55. The net turnover during the day was Rs. 49680.

Source : Equity Bulls

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