“While domestic demand remains stable, the company continues to monitor external risks that could influence the operating environment. Factors such as geopolitical developments, volatility in crude oil and commodity prices, exchange rate movements, and potential supply chain disruptions could affect production costs,” the company said in a statement.
Against this backdrop, the Company said it expects to drive cost savings initiatives to mitigate the external headwinds and deliver further margin improvement in FY27.
This will be supported by new business ramp-ups, and continued efficiency initiatives across its manufacturing plants, it added.
RML, which makes various automotive products like steering and suspension systems, brake components, engine components said its net profit increased to Rs 37 crore in the fourth quarter of FY 2026 from Rs 6.5 crore in the same period last year.
The fourth quarter of FY2025 included non-recurring charges of Rs 10.87 crore in merger related exceptional items and a Rs 5.93 crore tax impact from MAT credit reversals, it noted.
The company’s total revenue grew 16.2 per cent to Rs 1,051.7 crore in the fourth quarter of FY2026, when compared to Rs 905.3 crore in the comparable period last year.
Sales to Domestic OE customers grew by 11 per cent mainly due to higher offtake across vehicle segments. Sales to International customers increased by 27 per cent supported by strong offtake of steering products, Rane said.
Sales to Indian Aftermarket customers experienced a 16 per cent growth. The sales of aftermarket products were not comparable to Q4 FY25 due to the restructuring of the Aftermarket Product Business. On a comparable basis, the growth was 5 per cent, it added.
EBITDA Margin increased 31 basis points to 9.5 per cent in the fourth quarter from 9.1 per cent in the comparable period, due to better absorption of fixed cost, the company said.
Finance costs declined by 32.4 per cent year on year in Q4, consistent with the improving trend witnessed through FY26 as a result of both lower borrowings and refinancing of high-cost debt, Rane said.
During Q4 FY26, the company incurred capital expenditure of Rs 53 crores, taking the full-year FY26 capex to Rs 191 Crore. Investments were directed primarily towards capacity expansion in Steering, Engine and Brake Components, it added.
The company declared a final dividend of Rs 16 per share.
