Rane Engine Valve Limited
VISION
“To be a preferred solution provider of valve train components to the global Internal Combustion engine industry”
HIGHLIGHTS
Founded In 1959
Market Leader In India
5 Manufacturing Locations
Deming Prize In 2005
ISO 9001:2015, ISO 14001:2015
IATF 16949:2016, ISO 45001:2018
Worldwide Exports
APPLICATIONS
Marine Applications
Locomotives
Diesel Engines
Battle Tanks
Tractors
Automobile Industry
PROFILE
Incepted In 1959 to manufacture valves and valve train components for various engine applications
Cutting edge technology
Latest manufacturing practices to keep abreast of technological advancements
Global excellence in product and process technologies
Preferred supplier to Domestic OEMs like HMCL, HMSI, Ashok Leyland, Daimler, John Deere, Hyundai, etc.
Clientele spread across Europe, North America and the Far Eastern markets including the best known brands such as Volkswagen ,BMW, Deutz ,Volvo, Progress Rail , MTU and Yamaha
DESIGN
Light weight valves to meet changing emission norms and improved fuel efficiency
Flat seat Valves for Heavy Duty Diesel Engine to withstand high peak firing pressure
Higher case depth nitrided valves for improved fatigue and corrosion resistance
Appropriate Seat Hard facing by PTA (Cobalt based, Nickel based, Iron based) – to cater to different thermal and corrosion loads in all types of engines.
Technology
- High nickel alloys (Inconel and Nimonic 80A) valves for Industrial, Locomotive and Marine – to withstand high creep requirements.
- State of the art welding technologies – TIG, PTA, Button, Friction for design and cost optimization.
- Fully automated chrome plating.
R&D Capabilities
- End to end design & development of valves, guides and tappets
- Design team includes IC engine specialists, CAD and CAM application experts, software analysts
- CAD/CAE, Finite Element Analysis (FEA) Pro-E, Ansys are used for new product development
- Up to date practices like QFD, design reviews and world acclaimed Japanese development methods implemented across facilities
- New product development process aligned to IATF 16949: 2016 norms
- State of the art test laboratory for:
- Material Characterization
- Simulated Test Rigs & Engine Dynamometer Test
- Continuous technology up gradation to keep pace with changing legislation(emission norms, fuel efficiency and market dynamics)
- Hollow valves
- PVD coatings
- Live temperature measurements
- Material hybridization
- Aggressive localization
Manufacturing
5 plants manufacturing engine valves, valve guides and tappets located in Chennai (1), Hyderabad (2), Trichy (1) & erstwhile Kar Mobiles in Tumkur (1).
Ponneri (Chennai) plant
Small Valves for two wheelers , passenger cars & medium valves for tractors , passenger cars, guides & tappets
Hyderabad plants
Medium valves for passenger cars , industrial , commercial vehicles & small valves for two wheelers , passenger cars
Trichy plant
Small & Medium valves for two wheelers , passenger cars and commercial vehicles
Tumakuru (Bengaluru) Plant
Medium valves for commercial vehicles , farm tractors , large & extra-large valves in industrial , power Generation & marine applications
Quality
REVL has consistently maintained a zero warranty failure level for the last 6 years.
Several recognitions and awards from OE customers
Preferred supplier in the industry
Deming Prize winner in the year 2005
All Manufacturing facilities are certified to ISO 9001:2015
All Manufacturing facilities are certified to ISO 14001:2015
All Manufacturing facilities are certified to IATF 16949:2016
All Manufacturing facilities are certified to ISO 45001:2018
Products
Mechanical Tappets
Dimension Outer Dia 14 – 35 mm Length 45 – 100 mm Material Chilled Cast Iron,
Read moreTesting & Validation
Endurance test for concept approval and validation
Simulation Test Rig validation
Engine Dynamometer Test
Wear & Friction Tester
Valve temperature measurement
INVESTORS
Financial Information
Financial Summary
2019-2020
2018-2019
2017-2018
2016-2017
2015-2016
2014-2015
2013-2014
2012-2013
2011-2012
2010-2011
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| 2020-21 |  |
Archives
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| 2015-16 | |
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| 2014-15 | |
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| 2013-14 | |
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| 2012-13 | |
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| 2020-21 | |
Archives
| Year | Q1 | Q2 | Q3 | Q4 |
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| 2019-20 | |
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| 2018-19 | |
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| 2016-17 | - | - | - | |
| Rating Company | Security - type | Amount (Rs.) in Crores | Credit Rating | Outlook | Status (Assigned/Re-affirmed/Revised/Withdrawan | Date | CRISIL | Long term rating | 195.00 | BBB- | Negative | Revised | April 15, 2020 |
|---|---|---|---|---|---|---|
| Short term rating | 5.00 | A3 | - | Revised | ||
| ICRA | Long term rating | 155.23 | BBB | Stable | Withdrawan | August 30, 2019 |
| Short term rating | 4.00 | A2 | - | Withdrawan | ||
| CRISIL | Long term rating | 195.00 | BBB+ | Stable | Re-affirmed | September 24, 2018 |
| Short term rating | 5.00 | A2 | - | Re-affirmed | ||
| ICRA | Long term rating | 155.23 | BBB | Stable | Re-affirmed | May 16, 2018 |
| Short term rating | 4.00 | A2 | - | Re-affirmed |
Corporate Governance
Board of Directors
Mr. L Ganesh, Chairman
Mr. Harish Lakshman, Vice Chairman
Mr. L Lakshman
Mr. Ashok Malhotra
Mr. C N Srivatsan
Mr. Krishna Kumar Seshadri
Dr. Brinda Jagirdar
Board Committees
Audit Committee
Mr. C N Srivatsan, Chairman
Mr. L Lakshman
Mr. Ashok Malhotra
Mr. S Krishna Kumar
Stakeholder’s Relationship Committee
Mr. Ashok Malhotra, Chairman
Mr. C N Srivatsan
Mr. L Ganesh
Nomination and Remuneration Committee
Mr. Ashok Malhotra, Chairman
Mr. L Lakshman
Mr. C N Srivatsan
Corporate Social Responsibility Committee
Mr. L Lakshman, Chairman
Mr. L Ganesh
Mr. S Krishna Kumar
Corporate Governance
| Year | Q1 | Q2 | Q3 | Q4 |
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| 2020-21 | |
Archives
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| 2016-17 | |
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| 2020-21 | |
Archives
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| 2012-13 | |
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| 2011-12 | |
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| 2020-21 | |
Archives
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| 2019-20 | |
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| 2018-19 | |
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| 2017-18 | |
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| 2016-17 | |
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| 2019-20 | |
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| 2018-19 | NA | |
Information Sent to Stock Exchanges
INVESTOR GRIEVANCE REPORT
Dividend
Archives
INFORMATION SENT TO STOCK EXCHANGES
22
Jan
23
Oct
24
Sep
30
Aug
29
Jul
26
Jun
25
Jan
25
Dec
12
Dec
24
Oct
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May
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Dec
22
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18
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Apr
Investor Information
SCHEDULE:
| Period | Quarter | Earnings Conference call /Analyst Meet | Schedule /Invite | Earnings Presentations | Transcripts |
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| 2020-21 | Q1 | Earnings Conference call | |
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Archives
| Period | Quarter | Earnings Conference call /Analyst Meet | Schedule /Invite | Earnings Presentations | Transcripts |
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| 2019-20 | Q3 | Earnings Conference call | |
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| Date | Organized by | Venue | Type |
|---|---|---|---|
| June 9, 2016 | Axis Capital Limited | Hotel Trident Nariman Point, Mumbai | Group meeting |
| June 9 and 10, 2016 | Mumbai | One-on-one | |
| Year | Notice | Attendance Slip | Proxy Form | Voting Results | Scrutinizers Report | Summary of Proceedings /Transcripts | E-voting period | AD |
| 2020-21 | |
– | – | |
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Transcripts |
03-Aug-20 to 05-Aug-20 (voting at AGM) E-Voting Registration |
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Archives
General Meeting
| Year | Notice | Attendance Slip | Proxy Form | Voting Results | Scrutinizers Report | Summary of Proceedings | E-voting period | AD |
| 2019-20 | |
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26-Jul-19 to 28-Jul-19 (poll at AGM) |
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| 2018-19 | |
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20-Jul-18 to 22-Jul-18 (poll at AGM) |
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| 2017-18 | |
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18-Aug-2017 to 20-Aug-2017 (Poll at AGM) |
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| 2016-17 | |
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22-Jul-2016 to 24-Jul-2016 (Poll at AGM) |
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| 2015-16 | |
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18-Jul-2015 to 20-Jul-2015 (Poll at AGM) |
Postal Ballot
| Year | Notice | Form | Voting Results | Scrutinizers Report | Voting period |
| 2015-16 | |
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18-Nov-2015 to 17-Dec-2015 |
| Purpose | Period |
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| – | – |
Archives
| Purpose | Period |
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| Record date for Dividend | August 14, 2017 |
| Record Date - Interim Dividend | March 18, 2016 |
| Dividend & Annual General Meeting | July 14, 2015 to July 21, 2015 (both days inclusive) |
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| 2020-21 | |
Archives
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| 2018-19 | |
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Details of shares liable to be transferred to IEPF Authority
Details of dividend transferred to IEPF Authority
Details of shares transferred to IEPF Authority
Details of Unclaimed / Unpaid Dividend
CONTACT INFORMATION
Rane Corporate Centre
“Maithri”, No. 132, Cathedral Road,
Chennai – 600 086.
Phone +91-44-28112472 / +91-44-42292410 Fax : +91-44-28112449
Email : investorservices@ranegroup.com
M/s. Varma & Varma,
Chartered Accountants,
‘Sreela Terrace’, Level 4, Unit – D,
105, Gandhi Nagar 1st Main Road,
Adyar, Chennai – 600 020.
K Suresh Babu
Director
M/s Integrated Registry Management Services Private Ltd,
“Kences Towers”, 2nd Floor,
No 1, Ramakrishna Street, North Usman Road,
T Nagar, Chennai – 600 017.
Phone : +91-44-28140801-03 Fax : +91-44-28142479
Email : corpserv@iepindia.com
Website : www.integratedindia.in
- Name: Mr. V K Vijayaraghavan
- Designation: Chief Financial Officer
- Email:investorservices@ranegroup.com
Contact
Key Contact Person
Name : V. Narayanan
Function : Marketing
Email : v.narayanan@ranegroup.com