Is Rane (Madras) Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Rane (Madras) Ltd (RML.NS) is currently classified as NOT HALAL as of December 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Rane (Madras) Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Rane (Madras) Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Rane (Madras) Ltd?

Muslim investors may consider investing in Rane (Madras) Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Rane (Madras) Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Rane (Madras) Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Rane (Madras) Ltd updated?

The Shariah compliance status of Rane (Madras) Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Rane (Madras) Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Rane (Madras) Ltd?

You can check the latest Shariah compliance status of Rane (Madras) Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

RML.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 26, 2025

Report Source: 2026 2nd Quarter Report

Rane (Madras) Ltd. Stock Analysis RML.NS

India Consumer Discretionary Micro Cap Report: Q2, 2026

Rane (Madras) Ltd. engages in the manufacture and supply of auto components for the transportation industry. The company is headquartered in Chennai, Tamil Nadu and currently employs 2,556 full-time employees. The company went IPO on 2005-08-30. The firm is engaged in manufacturing of steering and suspension linkage products, steering gear products and specialized aluminum high pressure die-casting products. The company has two divisions, namely Steering and Linkages Division (SLD) and Light Metal Casting India Division (LMCI). The firm operates in a single reportable segment, namely components for the transportation industry. Its products include steering gear products, suspension and linkage products, hydraulic products, light metal casting products, and other automotive parts. Its products serve a variety of industry segments, including passenger vehicles, commercial vehicles, farm tractors, two-wheelers, three-wheelers, railways, and stationary engines. The company has manufacturing facilities at Tamil Nadu, Puducherry, Karnataka, Uttarakhand, and Telangana. The Company’s subsidiaries are Rane Automotive Components S. DE. R.L De. C.V. and Rane (Madras) International Holdings B.V.

Key Statistics of Rane (Madras) Ltd (RML.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹884.15₹917.90

Today's Open

₹896.50

Volume

40.24K

P/E Ratio (TTM)

66.33

52 Week Range

₹608.50₹1,049.00

Market Cap

22.81B

Avg. Volume

67.82K

Dividend Yield

1.96%

Financial Metrics & Statements of Rane (Madras) Ltd (RML.NS)

FAQ's for Rane (Madras) Ltd (RML.NS)

According to Musaffa’s Shariah screening methodology, Rane (Madras) Ltd (RML.NS) is currently classified as NOT HALAL as of December 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.