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Rico Auto Industries Ltd (RICOAUTO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 520008 NSE: RICOAUTO Auto Ancillary | Small Cap | Rico Auto Industries Share Price

₹132.10 0.40 (0.30%)

As on 14-Aug'26 16:59

Rico Auto Industries Ltd (RICOAUTO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 520008 NSE: RICOAUTO Auto Ancillary | Small Cap | Rico Auto Industries Share Price

₹132.10 0.40 (0.30%)

As on 14-Aug'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,782 Cr.
Current Price
₹132.1
52-Week Low / High
₹78 / 158
TTM EPS
₹2.3
TTM Sales
₹2,689 Cr.
Book Value per Share
₹57.4
P/E Ratio
58.24
Higher than its 5-year historical median
Industry PE
49.6
Price to Book (P/B)
2.30
Higher than its 5-year historical median
Price to Sales (P/S)
0.66
Higher than its 5-year historical median
EV/EBITDA
11.48
Higher than its 5-year historical median
Dividend Yield
0.42%
Profitability Efficiency
Return on Equity (ROE)
6.95%
Underperforms industry median
Return on Capital Employed (ROCE)
8.61%
Underperforms industry median
Return on Assets (ROA)
2.53%
Operating Profit Margin
9.1%
Net Profit Margin
2.12%
Gross Profit Margin
7.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
11.99%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
18.44%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
144.84%
Asset Quality
Promoter Holding
50.33%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹762 Cr.
Equity
₹13.5 Cr.
Face Value
₹1
All Time Low / High
₹2.00 / 157.90

Rico Auto Industries stock performance

Key Ratios
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Check Before You Invest

Valuation

Fair

Price Trend

Semi Strong
Q.1 Is Rico Auto Industries Ltd a good quality company?
Rico Auto Industries Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Rico Auto Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Rico Auto Industries Ltd vs industry peers?
Rico Auto Industries Ltd revenue CAGR is 11.01%, compared to the industry median CAGR of 13.36%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Rico Auto Industries Ltd?
Promoters hold 50.33% of the Rico Auto Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Rico Auto Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 9.3% based on the current price.

10 Year X-Ray :

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

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 11%11.1%10.8%4.9%2.1%6.7%9.7%8.3%7.1%8.6%-
Value Creation
Index
-0.2-0.2-0.2-0.7-0.9-0.5-0.3-0.4-0.5-0.4-

Growth Parameters

Sales 1,0381,2091,3931,4011,4701,8612,3022,1602,2122,4782,689
Sales YoY Gr.-16.5%15.2%0.6%4.9%26.6%23.7%-6.2%2.4%12%-
Adj EPS 3.84.441.1-11.83.52.81.94.12.3
YoY Gr.-17.2%-9.7%-71.4%-186.8%NA96.7%-20.3%-32.3%115.7%-
BVPS (₹) 38.741.645.545.944.847.450.953.25457.657.4
Adj Net
Profit
50.959.85415.4-13.424.447.938.225.855.731
Cash Flow from Ops. 75.285.612811722.7216160247193326-
Debt/CF from Ops. 3.13.233.623.92.74.62.73.52.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 10.2%11%2.5%12%
Adj EPS 1%NA5.2%115.7%
BVPS4.5%5.2%4.2%6.8%
Share Price 9.3% 20.6% 15.1% 43.5%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
10.3119.22.5-2.23.97.25.43.67.43.9
Op. Profit
Mgn %
10.710.810.38.168.49.610.38.89.17.6
Net Profit
Mgn %
4.953.91.1-0.91.32.11.81.22.31.1
Debt to
Equity
0.50.50.60.70.90.91.10.90.90.9-
Working Cap
Days
14714715016518215712512611910950
Cash Conv.
Cycle
44495454574233393523-8

Valuation of Rico Auto Industries - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales1,0381,2091,3931,4011,4701,8612,3022,1602,2122,478
Operating Expenses + 9271,0781,2491,2871,3811,7042,0811,9382,0242,255
Manufacturing Costs221246273205200242286277376398
Material Costs5196247457418061,0551,3591,2501,3451,542
Employee Cost 136146153246238268292301194206
Other Costs 50637995138139144109110108
Operating Profit 11113114411489157221222188223
Operating Profit Margin (%) 10.7%10.8%10.3%8.1%6.0%8.4%9.6%10.3%8.5%9.0%
Other Income + 13161923192019151310
Exceptional Items -1-7-10-7-4-6-1-3-1-8
Interest 17192731394454585655
Depreciation 465458808091112119102101
Profit Before Tax 63707219-163674574369
Tax 1212212-21223182117
Profit After Tax 52585117-142451392152
PAT Margin (%) 5.0%4.8%3.7%1.2%-1.0%1.3%2.2%1.8%1.0%2.1%
Adjusted EPS (₹)3.84.33.71.2-1.11.83.82.91.63.7
Dividend Payout Ratio (%)19.70%18.70%21.40%24.50%-19.10%22.80%19.90%20.90%31.60%14.70%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 524563616621606642689720730779
Share Capital 14141414141414141414
Reserves 510550602607592628676707716766
Debt +182198326373448469626565550577
Long Term Debt6763165210241188377307332406
Short Term Debt115135162164207280250258217171
Minority Interest3343302335
Trade Payables129158194253362448386377432471
Others Liabilities 130160189172216263231222287310
Total Liabilities 9671,0831,3291,4231,6351,8221,9361,8872,0022,142

Fixed Assets

Net Fixed Assets +4284526056927198901,0051,0561,0821,193
Gross Block4745517529041,0081,2661,4711,6131,7301,936
Accumulated Depreciation4699147212289377466557648743
CWIP 4463806363897989124173
Investments 272600022446
Inventories110129161185264290281286308282
Trade Receivables165229272266352364395333370352
Cash Equivalents 5122717212736222016
Others Assets 1871721842002151601379893120
Total Assets 9671,0831,3291,4231,6351,8221,9361,8872,0022,142
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 758612811723216160247193326
PBT 63707219-163674574369
Adjustment 51587394111132166176164162
Changes in Working Capital -31-26-113-6754-6825-8100
Tax Paid -9-17-16-10-5-6-12-11-6-6
Cash Flow From Investing Activity + -67-79-181-133-102-195-233-103-135-286
Capex -68-91-209-134-118-199-200-154-142-293
Net Investments -15170-0-120445
Others 281111617-334731
Cash Flow From Financing Activity + -8-169280-2777-153-57-42
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -1815803781-53201-835575
Interest Paid -17-18-25-29-38-45-60-59-55-56
Dividend Paid -2-19-12-7-4-3-5-10-8-7
Others 29212524274-58-1-49-54
Net Cash Flow 0616-141-64-91-3
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)10.3910.678.652.7-2.293.87.675.532.956.95
ROCE (%)10.9911.1410.814.932.086.739.668.287.18.61
Asset Turnover Ratio1.191.21.151.020.961.091.241.141.151.21
PAT to CFO Conversion(x)1.441.482.516.88N/A93.146.339.196.27
Working Capital Days
Receivable Days50.5058.5065.6070.1076.8069.7059.406157.3052.70
Inventory Days37.8035.503845.1055.8053.9044.7047.5048.4043
Payable Days8280.1086.40110.40139.40140.10112111.50109.90106.90

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Rico Auto Industries Ltd FAQs

The current trading price of Rico Auto Industries on 14-Aug-2026 16:59 is ₹132.1.

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 13-Aug-2026 the market cap of Rico Auto Industries stood at ₹1,781.7 Cr

The latest P/E ratio of Rico Auto Industries as of 13-Aug-2026 is 77.67.

The latest P/B ratio of Rico Auto Industries as of 13-Aug-2026 is 2.59.

The 52-week high of Rico Auto Industries is ₹157.9 and the 52-week low is ₹78.10.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rico Auto Industries is ₹2,030 ( Cr.) .

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

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.

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

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.

Milestones:

  • 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.

Clientele:

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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