Registered Office;

" Maithri'
132, Cathedral Road,

Tel :91 M28112472

Fax :91 4428112449

URL

Chennai 600 086.

lndia.
CIN : 16301 1TN2004P1C054948

www.rane.co.in

Rane Brake Lining Limited

RBL / SE/ 16/ 2016-17

BSE Limited
Gorporate Relationship Department,
1st Floor, New Trading Ring,
P J Towers, Dalal Street,

July

21,2016

Mumbai400 001

National Stock Exchange of lndia Ltd.

Listing Department
Exchange Plaza, Sth Floor, Plot No.C/1,
'G'Block, Bandia Kurla Complex
Bandra (E), Mumbai - 400 051.

Code No. 532987

Code: RBL

Dear Sir / Madam,

Sub:

Ref:

Outcome of Board Meeting held on July 21,2016- under Regulation 30 of SEBI

(Listing Obligations and Disclosure Requirements) Regulations, 201 5.
Our letter no. RBL/ SE/ 8/ 2016-17 dated June 14,2016

This is to inform that the Board of Directors, inter alia,approved the un-audited financial
results of the Company for the quarter ended June 30, 2016ras recommended by the audit
committee at their respective meeting(s).held today(July 21,20161.
The un-audited financial results of the Company for the quarter ended June 30, 2016 is
enclosed herewith along with the Limited Review Report issued by M/s. Varma & Varma ,
Chartered Accountants, Statutory Auditors (Regulation 33).
The extract of the un-audited financial results will be published in newspapers, i.e., 'Business
Standard' and 'Dinamani' in the format prescribed (Regulation 471. A press release for the
above results s also enclosed (Regulation 30).

The meeting of the Board of Directors commenced at 01:30 P.M and concluded at 02.30
P.M

We request you to take the above on record and note the compliance under above referred
regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Kindly acknowledge receipt.
Thanking you.
Yours faithfully
For Rane Brake Lini

1.

Un- audited financial results for the quarter ended June 30, 2016

2. Limited Review Report

3. Press release

dated July 21,2016

Rne Brke Llnlng Llmlted

CIN No.L630l '|1N2004PLC054948
Regd Offca: "M.lthr", 132 Cathdrl Road, Chennal600 086
vBlt us at www.ran.co.ln

Unaudlted Flnaclal Reaulta for the Quarterended June 30,2016

(Rs. ln lakhs)
Partlculara

Flnanclalyear

Quarter Ended
30.08.2016

(Unaudlted)
llncome from ODerations
l) Net sales lNt of excise dutv)
I
(b) Other Operaling Income
Total lncome from opertions (net)
2 lExDnses:
a. Cost of materials consumed
b. Changs ln Inventoris offinshed goods,wo*ln-progress
c, Employee benefls expenses
d. Deprecation and arortisalon expense

3.r.03.20r6
(Audlted)

ondod
30.06.2015

31.03.20t6
{Audltod)

I
|
I

12,130.30

12,357.34

15.45
12,.t45,75

21.29
12,378,63

5,834,61

5,430.78
(54.67)
2,278.98
472.44
3,097.82
11,225,79

(355.42)
1,603.36
467.55
2,847,82
9,717,70

\152.44

644.31

7,007.25
1,890.90
11,645.06
41,290.13
3,552.03
3,874.03
326.05
3,547,98

(f03.78)

and stockln-kade

e. olher expenses

Total Expenses
Proft (+)/Loss C) from Operallons bfore Other lncone, Finance Costs nd Exceptlonl ltems (1-2)
Other lncome
Proft (+)/Loss G) lrom ordinry aclivilies before Financ Cosls and Excoplional ltems (3+4)
Finance cosls
7 Proft (+)/Loss C) from ordnary actvties afier Finance Costs bul before Exceptonal ltems (5-6)

1,547.23
452,74
3,067,15
10,857.99
1,287.74

10,352.81

51.45
44,942,16

5, t53.89

20,978.90

Prolit (+y Loss G) from Ordjnary Activities before tx (7+8)

10 Tax expense
) CurrntTax
b) nimum Altmate Tax Credlt
c) Defeed Tax
d) Tax relaling to earlieryear
Net Proft (+) / Lossc) from Ordinry Aclvties after lax (9-'10)
Fxtrnordlnory ll4m
Net Proft (+) / Loss C) for the priod (ll-12)
Pad-up equty share captal (Face Value of Rs. 1 0/- per Share)
Reserues exludig Revlulon Reserves as per balanco sheel ofprevious accouling year
Eamings P6r Shar (EPS) ( of Rs.10 ech ) (not annuallsed) (Amount Rs.)
L Eamlng perShare bfore extraordnry items
l) Bsic
lb) Dluted
ll. Eamlng per Share aerelraordinary items
(a) Basic

52.00

193.00

1,339.78
38.15

't,345.84

1,301.6t

4,311,f2

65.45
709.76
101.85
G08.1t

1,301.61

l,3t 1,72

608.11

3,547,98

291.27

699,98

133.50
(20.51)

1,395.19

(69.28)
30.19

(294.57')

12.sl

(41s.67)

34.12

322.OO

(7.23],

);

(7.23')

1,049.4t

913,64

4A2.2.1

2,576.69

'|,049.41

9t3,54

79f.50

79'1.50

4s;.21
791.50

2,575.69
791.50
'13,001.90

13.2

11.54
11.54

6.09
6.09

32.54
32.54

11.54
11.54

6.09
6.09

32.54
32 54

'13.26

13.28

(b) Dlluled

3.

(232,O2)

ExcePtional ltems

2.

44,790.71

10,362,01

9.40

13 2A

Ths above results have been revewed by th Audt Commlttee and approved by the Board of Dkeclors at lheir r6spective mslings hld on July 21, 2016 and subjecld to
limited review by the Slatutory Audjtors.
The company operat6s only in one segmenl, namly, components for transportaiion induslry.
Previous priod fgures hav bsen regrouped wherver necessary to conlorm 10 curront pedod,s presentflon.

Fo Rane Brake Li

Chenni

DatedrJuly 21, 2016

q"
l^l HENNA|
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q6"-t* (Je of6"*t*

V/6a.thr,

aaanhn

105, "Sreela Terrace"

First Main Road, Gandhi Nagar

Adyar, Chennai - 600 020

Phone i044-24452239
Email: cherurai@varmaandvarma.com

Limited Review Report

To
Board of Dfuectors
Rane Brake

Lining Lirnited

1. We have reviewed the accompanying statement ofunaudited financial results of M/s Rane
Brake Lining Limited for the quarter ended 30-06-201attached herewith, being submitted by
the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Oblgations
and Disclosure Requirements) Regulations, 2015. This statement of financial results is the
responsibity of the company's management and has been approved by the Board of
Directors.Our responsibility is to issue

report on the statement based on our review.

2. Wc conducted out r'viw ln accordanr:e wil.h l.he Stnrtlartls un Review Engagemnts (SRB)
241r), " Reuieu of lnterim Financial Inrmation Perrmed by IndependentAuditors of the
entity" sued by Institute of Chartered Accountants of India. Those Standards require that we
plan and perform the review to obtain moderate assurance as to whether the statements ate

free from material misstatement. A review is limited primarily to inquiry of the company
personnel and analytical procedures applied to financial data and thus provide less assurance
than an audit. We have not performed an audit and accordingly, we do not express an audit
opinion.

3.

oul review as conducted above, nothing has come to our attention that causes us to
believe that the accompanying Statement of unaudited financial results prepared in
accordance with applicable Accounting Standards and othet recognized accounting ractices
and policies has not disclosed the information required to be disclosed in terms of Regulation
33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2Olsincluding the
marmer in which it is to be disclosed, or that it contains any material misstatement.
Bsed on

For Varma & Varma

Chartered Ac
(

6anna Varma

Place: Chennai

Date:

Registrati

2Lstjrly2076

Membership No.025854

u- /3

.f/

Press Reledse

Rdne Broke Lining limilod reporls resulls of lhe firsl quorler ended June 30, 20t

.
.
.

Soles & Operotionolincorne

Profits before fox

ol

Rs.

l2L46 Cr up l7%yoy

of Rs. 13.0t Cr up I l4%yoy

Nef Profif of Rs. 10.49 Cr up 117%Yoy

Chenno,2lsl July 201: Rone Broke Lining Limiled (RBL), (BSE: 532987, NSE: RBL) o leoding monufoclurer
of Broke Linings, Clufch Focings ond Disc Pods lodoy onnounced ils results for lhe quorler ended 36th
June 201 .
The Compony registered Soles & Operoling lncome of Rs. 21.4 Crores for

lhe quorter os ogoinsl

Rs,

103.2 Crores for the corresponding quorier in the previous yeor.'fhe Cmpony's overoll lndio OEM soles

ond Afiermorkei soles regislered o holthy growlh of l% clnd 29% respeciively during lhe quort6r. RBL
enjoyed good growth n lhe oE segmenl on lhe bock of moss suplies o successful models n
possenger cor ond ulility vehicle segments. The robust growlh in lhe Aflermorkel segmenl is ofiribuied
lo increosed soles of Asbesfos{ree linings ond fovouroble pull n Norlhern ond Soulhern region.

During the quorler, the compony underlook vorious cosl reduction initiotives resulling in fovouroble
moieriol cosl ond reduced operolonol cost. The compony's beller cosh generotion ond inTernol
occruols helped lo repoy long term loons ond significonlly reduce finonce cosls.

conlinued to deliver good resulis wilh significont improvement n ihe profitoblily. We ore focusing
on commencing supplies for new wins wilh Tier-/OEM customers, which will provde impetus for growth
in the upcoming quorler. Further we ore exponding our ronge n fhe Aflermorkel business, We ore
"RBL

continuing

lo

focus on operotionol efficiency

io

miiigole lhe heodwinds in moteriol ond olher

operolonol cosf." soid [, Gonesh, Chormon, Rqne Gtoup

The summory ol tinonciol performonce is given below:-

Crores)
Soles ond Operoting Revenues

Other lncome
Profil before Tox
Profit ofler Tox

Ql 20t5.1

tor f urlhef informollon pleose conlocl:

Ms. Povilhrq Lokshmonqn

Ms. V usho

orono-comm
Iel: +91 98409 96840

Corporole Communicolions, Rone Group

el: +91 44 4229 2443

Aboul Rone Broke Linlng Hd.

Esiqblished in l94, Rone Brqke Lining Limiled {RBL) is pqrl of lhe Rone Group of Componies. o leoding

oufo component group bosed oul of Chennoi.

RBL

monufoclures friction moieriol producls such os

Broke linings, Disc pods. Clulch focings. Clulch bultons, Broke Shoes ond Roilwoy broke blocks. RBL

is

morkel leoder in lndio ond globol ployer in friclion moleriol. RBL hos lechnicol colloborolion wilh
Nisshinbo Brokes Inc., Jopon for know-how in osbeslos free broke linings, disc pc,cls & ch,ich focings, RBL
producls hove opplicolion in every segmeni of oulomobie industry such os possenger vehicle,
commerciol vehicle ond two ond lhree wheelers. Furlher RBL is o supplier of composile broke blocks lo
lndion Roilwoys, wilh presence in Possenger, Electricol Mulliple Unit (EMU), Freighl, Locomotive ond
Metro Roil.
Aboul Rone Group
Heodquorlered in Chennoi, lndio. Rone Group

engoged primorily in monufocfuring outo components

for well over five decodes. Rone Group is o prefened supplier fo mojor OEMS in lndio ond obrood.
Through its group componies, it monufocfures Steering ond Suspension syslems, Friclion moteriols, Volve
s

lroin components, occupont sofety systems, De-coslng products ond Aerospoce-grode whing
hornesses. lls producs serves o voriely of induslry segments including Possenger Vehicles, Commerciol

Vehicles. Form Trociors, Two-wheelers, Three-wheelers, Roilwoys ond Slotionory Engines.