Rico Auto Industries Ltd - Stock Valuation and Financial Performance

BSE: 520008 | NSE: RICOAUTO | Auto Ancillary | Small Cap

Rico Auto Industries Ltd Share Price

100.10 7.45 8.04%
as on 23-Feb'24 16:59

DeciZen - make an informed investing decision on Rico Auto Inds

Overall Rating
Bole Toh

1. Quality

2. Valuation


3. Price Trend

Rico Auto Industries stock performance -

mw4me loader
P/E Ratio (CD):
Market Cap:
1,354.2 Cr.
52-wk low:
52-wk high:

Is Rico Auto Industries Ltd an attractive stock to invest in?

1. Is Rico Auto Industries Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Rico Auto Industries Ltd is a below average quality company.

2. Is Rico Auto Industries Ltd undervalued or overvalued?

The key valuation ratios of Rico Auto Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Rico Auto Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Rico Auto Industries Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Rico Auto Inds:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Rico Auto Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

ROCE % 5.9%7.4%6.6%8.5%9.1%7.8%3.7%1.3%4.6%6.5%-
Value Creation

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,4801,3461,0071,0381,2091,3931,4011,4701,8612,3022,214
Sales YoY Gr.--9%-25.2%3.1%16.5%15.2%0.6%4.9%26.6%23.7%-
Adj EPS -
YoY Gr.-NA136.2%68.5%17.9%-12%-70.6%-186.8%NA96.7%-
BVPS (₹) 25.833.334.838.741.645.545.944.847.450.952.2
Adj Net
Cash Flow from Ops. 291-20.635.175.285.612811722.7216160-
Debt/CF from Ops. 1.2-


CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5%13.7%18%23.7%
Adj EPS NA-4.3%45.9%96.7%
Share Price 26.1% 10.3% 35.9% 39.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Return on
Equity %
Op. Profit
Mgn %
Net Profit
Mgn %
Debt to
Working Cap
Cash Conv.

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 6.90%

Sales growth is growing at healthy rate in last 3 years 18.01%

Net Profit is growing at healthy rate in last 3 years 45.89%

Debt to equity has increased versus last 3 years average to 1.06

Sales growth is not so good in last 4 quarters at 0.21%

Latest Financials - Rico Auto Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 2.7 3.6
TTM Sales (₹ Cr.) 1,707 2,214
BVPS (₹.) 47.8 52.2
Reserves (₹ Cr.) 633 692
P/BV 2.10 1.92
PE 36.60 28.00
From the Market
52 Week Low / High (₹) 63.00 / 111.55
All Time Low / High (₹) 2.00 / 114.40
Market Cap (₹ Cr.) 1,354
Equity (₹ Cr.) 13.5
Face Value (₹) 1
Industry PE 46.6

Management X-Ray of Rico Auto Inds:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Rico Auto Inds

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Balance Sheet

(All Figures are in Crores.)

Profit And Loss

(All Figures in Cr. Adjusted EPS in Rs.)

Cash Flow

(All Figures are in Crores.)

Rico Auto Industries Ltd Stock News

Rico Auto Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Rico Auto Inds on 23-Feb-2024 16:59 is ₹100.1.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-Feb-2024 16:59 the market cap of Rico Auto Inds stood at ₹1,354.2.
The latest P/E ratio of Rico Auto Inds as of 23-Feb-2024 16:59 is 36.60.
The latest P/B ratio of Rico Auto Inds as of 23-Feb-2024 16:59 is 2.10.
The 52-week high of Rico Auto Inds is ₹111.5 and the 52-week low is ₹63.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rico Auto Inds is ₹1,707 ( Cr.) .

About Rico Auto Industries Ltd

Rico Auto Industries, incorporated in 1984-85, is a world-class engineering company supplying a wide range of high precision fully machined aluminum and ferrous components and assemblies to automotive OEMs across the globe. Its consolidated group total turnover is over $285 million (Rs 1100 crore).

Rico’s integrated services include design, development, tooling, casting, machining and assembly across ferrous and aluminum products.

Rico Auto is a dynamic world-class engineering company, supplying a broad range of high precision fully machined ferrous and aluminium components and assemblies to automotive OEMs globally. The company enjoys an excellent reputation for our customer focus, quality and cost-competitiveness. Its engineering excellence, advanced design and development capabilities, strong customer relationships and proven scalability, have helped it become a preferred supplier to OEMs across the globe.

Today it has earned a reputation of being a reliable high quality supplier capable of supplying global volumes and also of an integrated and innovative development partner capable of developing complex products. It is increasingly positioning itself as a strategic design development partner which helps it with early sourcing opportunities. It has achieved critical mass now and estimate that it would continue to grow its export at a fast pace in the next few years.


  • 1984-86 Rico Auto was incorporated (1984-85) and commercial production started (1986) Aluminum HPDC plant set up in Dharuhera (40 km from Delhi, India) TC with FCC Japan for manufacturing of Clutch Assembly
  • 1990-92 Ferrous Casting & Machining plant set up in Gurgaon (20 km from Delhi, India) Entered International Market as OEM Supplier to MEC Japan.
  • 1994-96 FCC RICO (50:50) JV formed Started supplying globally to USA & UK (Eaton, Cummins, GM, etc.)
  • 1998-00 Second Aluminum HPDC & Machining Plant set up in Gurgaon
  • 2000-02 Set up full service Engineering, Design & Development function. Added Customers: Ford, Jaguar, Land Rover Certified TS 16949, ISO 140001, OHSAS 18001
  • 2002-04 Enhanced Ferrous & Aluminum Capacity Added Customers: Caterpillar, Honeywell, Detroit Diesel, Volvo
  • 2004-06 R&D Center started Added Customers: Nissan, Tata, Perkins
  • 2007JV with CONTINENTAL Automotive Systems (Hydraulic Brakes) JV with JINFEI CHINA (Aluminum Alloy Wheels - 2 Wheelers) Acquired 25 acres land in Chennai.
  • 2010 - New Plant at Haridwar commences production.
  • 2011 - New Plant at Sanand, Gujarat commences production.

Product range of the company includes:

Oil Pump Assembly, Fuel System Parts, Lube Oil Filters Heads, Exhaust Manifolds, Turbine Housings, Center Housings, Back Plates, Crank Cases & Covers, Cylinder Head Covers, Oil Pan, Intake Manifold Covers, Front Cover, Valve Cove, Side Cover, Balance Shafts Assembly, Gear Housing, Bearing Caps,Water, Air Connections and Pressure Plates, Flywheels, Timing Cases, Oil Filter Adaptor, Engine Brackets, Cylinder Block (Ferrous), Cylinder Head (Aluminum), Clutch Assembly, Automatic Transmission Bracket Assembly, Differential Case Housings, Gear Shifts Forks, Wheel Hubs Assembly, SetsBrake Panel Assembly, SetsBrake Discs, Drums and Steering Knuckles.


The long list of company’s clients include, Hero Honda, Honda, Suzuki, Bajaj, Volvo, Jaguar, Tata, Perkins, Honeywell etc.

Different divisions of the company:

  • Aluminum Casting
  • Ferrous Casting
  • Machining & Assembly
  • Engineering & R&D
  • Dies, Patterns & Tooling

Subsidiaries/ Joint Ventures:

  • FCC Rico
  • Continental Rico
  • Rico Jinfei
  • MAGNA Powertrain RICO

Achievements/  recognition:-

  • Rico is a ISO / TS 16949, ISO 14001 and OHSAS 18001 Certified company. 
  • Rico has become FORD Q1 since July 2007
  • Best Retention Strategy-2007
  • Best HR Practices-2007
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