Rane Madras Ltd vs Waaree Technologies Ltd Stock Comparison

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Last Updated on: May 04, 2026

Key Highlights

The Latest Trading Price of Rane (Madras) Ltd is ₹ 809.7 as of 30 Apr 15:30 . The P/E Ratio of Rane (Madras) Ltd changed from 53.7 on March 2022 to 27.2 on March 2025 . This represents a CAGR of -15.64% over 4 yearsThe P/E Ratio of Waaree Technologies Ltd changed from 0 on March 2021 to 0 on March 2025 . This represents a CAGR of 0.0% over 5 years The Market Cap of Rane (Madras) Ltd changed from ₹ 543.29 crore on March 2021 to ₹ 1023 crore on March 2025 . This represents a CAGR of 13.51% over 5 yearsThe Market Cap of Waaree Technologies Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2025 . This represents a CAGR of 0.0% over 5 years The revenue of Rane (Madras) Ltd for the Dec '25 is ₹ 1019 crore as compare to the Sep '25 revenue of ₹ 923.4 crore. This represent the growth of 10.36% The revenue of Waaree Technologies Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of Rane (Madras) Ltd for the Dec '25 is ₹ 93.9 crore as compare to the Sep '25 ebitda of ₹ 81.28 crore. This represent the growth of 15.53% The ebitda of Waaree Technologies Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 ebitda of ₹ 0 crore. This represent the decline of 0% The net profit of Rane (Madras) Ltd changed from ₹ 14.63 crore to ₹ 30.52 crore over 7 quarters. This represents a CAGR of 52.22% The net profit of Waaree Technologies Ltd changed from ₹ 0 crore to ₹ 0 crore over 7 quarters. This represents a CAGR of 0.0% The Dividend Payout of Rane (Madras) Ltd changed from 26.24 % on March 2025 to 26.24 % on March 2025 . This represents a CAGR of 0.00% over 1 yearsThe Dividend Payout of Waaree Technologies Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .

About Rane (Madras) Ltd

Rane (Madras) Limited was incorporated on March 31, 2004 as a public limited company as 'Rane Holdings Limited'.
The name of the company was changed to Rane (Madras) Manufacturing Limited from February 22, 2005.
In April 2005, the manufacturing undertaking of the erstwhile Rane (Madras) Limited got demerged and transferred to the Company with effect from July 1, 2004.
In terms of the Scheme, the demerged company was renamed as Rane Holding Limited and the name of the company was changed from Rane (Madras) Manufacturing Limited to Rane (Madras) Limited with effect from May 19, 2005. Rane (Madras) Limited, a part of the Rane Group, is a manufacturer of Steering and Suspension Systems.
The Company operates under one division, namely components for transportation industry.

About Waaree Technologies Ltd

Waaree Technologies Limited was formerly formed in Maharashtra, as a partnership firm under the name M/s.
H.K. International vide partnership deed dated dated October 6, 1993.
Further, the Company was converted into a Public Limited Company, the name was changed to H K Trade International Limited dated June 28, 2013 and was further changed from H.K. Trade International Limited to Waaree Technologies Limited vide fresh Certificate of Incorporation dated January 07, 2019. Company is engaged in the business of manufacturing of batteries, catering to both industrial and consumer segments, with a focus on energy storage systems, electric vehicles (EVs).
During financial year 2018-19, the Company understood module trading business in addition to PV Tapes & Adhesive business.
The Company earlier was engaged in the business of manufacturing, converting and supplying of adhesive tapes and synthetic paper (teslin papers) from jumbo rolls of adhesive tapes and synthetic paper (teslin) respectively.

FAQs for the comparison of Rane (Madras) Ltd and Waaree Technologies Ltd

Which company has a larger market capitalization, Rane (Madras) Ltd or Waaree Technologies Ltd?

Market cap of Rane (Madras) Ltd is 2,237 Cr while Market cap of Waaree Technologies Ltd is 315 Cr

What are the key factors driving the stock performance of Rane (Madras) Ltd and Waaree Technologies Ltd?

The stock performance of Rane (Madras) Ltd and Waaree Technologies Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Rane (Madras) Ltd and Waaree Technologies Ltd?

As of May 4, 2026, the Rane (Madras) Ltd stock price is INR ₹809.7. On the other hand, Waaree Technologies Ltd stock price is INR ₹293.35.

How do dividend payouts of Rane (Madras) Ltd and Waaree Technologies Ltd compare?

To compare the dividend payouts of Rane (Madras) Ltd and Waaree Technologies Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.