RANEHOLDIN

What Rane Holdings promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q4 FY26

what the last two calls moved 10 tracked 2 delivered 1 missed 7 open
  • Group Revenue Growth delivered said Q4 FY25 Promised: Aspiration to grow minimum 12% going up to 15% in the next three years Q4 FY26: RML revenue grew 16.2% YoY in Q4, continuing to meet the 12-15% growth aspiration.
  • Total Debt Reduction Amount missed said Q4 FY25 Promised: INR 150-200 crore reduction in debt before the end of this financial year Q4 FY26: FY26 RML net debt reduced by only INR 73.4 cr, missing the INR 150-200 cr target. Land sale proceeds timeline further delayed.
  • Rane Madras EBITDA Margin on track said Q4 FY25 Promised: Start doing a double-digit EBITDA... 12-13% when market improves Q4 FY26: Achieved 9.5% for FY26. Management reiterates target of double-digit in FY27, then 11-12%.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 10 tracked commitments for Rane Holdings — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens