Rico Auto Industries Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹1,396 Cr
- P/E
- 38.99
- ROE
- 7.69%
- PEG
- 6.48
- Price to sales
- 0.51
- Debt to equity
- 0.93
- 52W high / low
- ₹156 / ₹80.4
- Sales growth (5Y)
- 11.01%
- EBITDA margin
- 7.59%
- Net profit margin
- 2.43%
- Promoter holding
- 50.33%
- Sales (last year)
- ₹2,689 Cr
Guidance scorecard · Q1 FY27 call
What Rico Auto Industries Ltd's management guided
RevenueQ1 FY27 call
10–20%- Rico Auto Industries projects a significant top-line growth aiming for a 3x increase by 2030 compared to FY26.
- FY27 revenue guidance is INR3,250 crores, with potential upside from railways, defense, and CNC machine tool sales not yet included.
- The company targets selling 100 CNC machines in the first year, expecting INR35-40 crores in revenue from this segment.
- Around 54 new projects, including for global OEMs like Toyota, BMW, and Ford, are in various stages of launch and ramp-up, promising long-term growth with 7-8 year program lives.
- Export markets are growing, with strong clientele and better margins, though short-term issues like airfreight costs exist.
2 more points from Rico Auto Industries Ltd's call on revenue
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MarginsQ1 FY27 call
Up 2%+See what Rico Auto Industries Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- The company has invested nearly INR1,000 crores over the last 5 years, primarily in capacity expansion and new technologies.
- Current focus is on small expansions and capacity increases related to the 54 ongoing projects.
- For FY27 and FY28, capex will largely be limited to necessary maintenance and small expansions; detailed figures to be shared later.
- After completing the current projects, the company plans to stabilize operations before embarking on larger capex initiatives.
- Investments are aimed at improving productivity, adopting digital transformation including AI, and enhancing manufacturing capabilities.
- No major new large-scale capex projects are planned immediately; emphasis is on running existing assets at full capacity.
2 more points from Rico Auto Industries Ltd's call on capex
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FundraisingQ1 FY27 call
See what Rico Auto Industries Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Rising- The company currently has 54 new projects in hand with global OEMs such as Toyota, BMW, and Ford.
- These projects are long-term programs with a life of around 7 to 8 years.
- For 28 of these programs, approvals are already in place and production has started or is about to start.
- New launches for these projects are planned to begin in September and October, with ramp-ups continuing into early next year at multiple locations including Hosur, Chennai, Pathredi, Bawal, and North India.
- The orderbook reflects strong engagements with both ICE and EV components.
2 more points from Rico Auto Industries Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
This quarter's potential multibaggers
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Financials of Rico Auto Industries Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Rico Auto Industries Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 548 | 603 | 534 | 554 | 524 | 548 | 540 | 576 | 552 | 545 | 543 | 627 | 629 |
| Expenses + | 494 | 536 | 483 | 500 | 465 | 489 | 496 | 526 | 506 | 495 | 490 | 566 | 569 |
| Operating Profit | 54 | 67 | 51 | 54 | 58 | 59 | 43 | 49 | 45 | 50 | 54 | 61 | 61 |
| OPM % | 10% | 11% | 9% | 10% | 11% | 11% | 8% | 9% | 8% | 9% | 10% | 10% | 10% |
| Other Income + | 5 | 6 | 2 | 3 | 4 | 3 | 3 | 4 | 2 | 3 | 1 | 1 | -5 |
| Interest | 16 | 15 | 15 | 14 | 16 | 13 | 13 | 14 | 14 | 15 | 13 | 12 | 13 |
| Depreciation | 29 | 31 | 30 | 30 | 30 | 28 | 26 | 27 | 24 | 24 | 24 | 26 | 26 |
| Profit before tax | 14 | 27 | 8 | 13 | 16 | 21 | 7 | 12 | 9 | 15 | 18 | 24 | 16 |
| Tax % | 31% | 4% | 29% | 50% | 34% | 21% | 17% | 44% | 80% | 51% | 9% | 28% | 33% |
| Net Profit + | 10 | 26 | 6 | 6 | 10 | 16 | 6 | 7 | 2 | 7 | 17 | 18 | 11 |
| EPS in Rs | 0.70 | 1.91 | 0.42 | 0.50 | 0.74 | 1.15 | 0.42 | 0.47 | 0.14 | 0.54 | 1.21 | 1.28 | 0.80 |
Financials of Rico Auto Industries Ltd
Profit & Loss
Annual income statement trend
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,480 | 1,346 | 1,007 | 1,038 | 1,209 | 1,393 | 1,401 | 1,470 | 1,860 | 2,302 | 2,160 | 2,212 | 2,346 |
| Expenses + | 1,332 | 1,249 | 908 | 927 | 1,078 | 1,249 | 1,287 | 1,381 | 1,702 | 2,081 | 1,938 | 2,017 | 2,120 |
| Operating Profit | 149 | 97 | 99 | 111 | 131 | 144 | 114 | 89 | 158 | 221 | 222 | 195 | 226 |
| OPM % | 10% | 7% | 10% | 11% | 11% | 10% | 8% | 6% | 8% | 10% | 10% | 9% | 10% |
| Other Income + | 26 | 227 | 10 | 15 | 12 | 13 | 16 | 14 | 13 | 18 | 12 | 5 | 1 |
| Interest | 67 | 53 | 20 | 17 | 19 | 27 | 31 | 39 | 42 | 54 | 58 | 56 | 53 |
| Depreciation | 94 | 85 | 47 | 46 | 54 | 58 | 80 | 80 | 91 | 112 | 118 | 102 | 99 |
| Profit before tax | 13 | 187 | 41 | 63 | 70 | 72 | 19 | -16 | 38 | 74 | 57 | 43 | 74 |
| Tax % | 79% | 18% | 28% | 18% | 17% | 29% | 12% | -12% | 37% | 31% | 32% | 50% | |
| Net Profit + | 3 | 154 | 30 | 52 | 58 | 51 | 17 | -14 | 24 | 51 | 39 | 21 | 53 |
| EPS in Rs | 0.25 | 11.34 | 2.18 | 3.81 | 4.27 | 3.73 | 1.23 | -1.05 | 1.75 | 3.62 | 2.83 | 1.58 | 3.83 |
| Dividend Payout % | 40% | 26% | 28% | 20% | 19% | 21% | 24% | -19% | 23% | 21% | 21% | 32% |
Financials of Rico Auto Industries Ltd
Balance Sheet
Capital structure and asset base
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 335 | 437 | 457 | 510 | 550 | 602 | 607 | 592 | 620 | 676 | 707 | 716 | 740 |
| Borrowings + | 349 | 186 | 227 | 236 | 272 | 379 | 418 | 554 | 599 | 754 | 688 | 697 | 692 |
| Other Liabilities + | 472 | 241 | 205 | 200 | 234 | 323 | 381 | 477 | 548 | 492 | 479 | 566 | 602 |
| Total Liabilities | 1,170 | 878 | 902 | 960 | 1,069 | 1,317 | 1,420 | 1,636 | 1,781 | 1,936 | 1,887 | 1,993 | 2,047 |
| Fixed Assets + | 672 | 399 | 388 | 428 | 452 | 605 | 692 | 733 | 825 | 1,019 | 1,070 | 1,095 | 1,169 |
| CWIP | 35 | 34 | 70 | 44 | 63 | 80 | 63 | 63 | 88 | 79 | 89 | 124 | 106 |
| Investments | 0 | 48 | 6 | 27 | 26 | 0 | 0 | 0 | 2 | 2 | 4 | 4 | 6 |
| Other Assets + | 463 | 397 | 439 | 460 | 528 | 632 | 665 | 840 | 865 | 835 | 725 | 770 | 766 |
| Total Assets | 1,170 | 878 | 902 | 960 | 1,069 | 1,317 | 1,420 | 1,636 | 1,781 | 1,936 | 1,887 | 1,993 | 2,047 |
Financials of Rico Auto Industries Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 291 | -21 | 35 | 75 | 86 | 128 | 117 | 23 | 216 | 160 | 247 | 193 |
| Cash from Investing Activity + | -72 | 246 | -13 | -68 | -78 | -180 | -132 | -100 | -198 | -228 | -102 | -134 |
| Cash from Financing Activity + | -221 | -231 | -22 | -8 | -1 | 69 | 2 | 80 | -24 | 77 | -153 | -57 |
| Net Cash Flow | -2 | -6 | 1 | -1 | 7 | 16 | -13 | 2 | -6 | 9 | -8 | 3 |
| Free Cash Flow | 218 | -177 | -33 | 7 | -6 | -81 | -17 | -95 | 16 | -40 | 93 | 52 |
| CFO/OP | 208% | -21% | 49% | 75% | 78% | 100% | 111% | 31% | 139% | 77% | 116% | 102% |
Financials of Rico Auto Industries Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 41 | 40 | 52 | 58 | 69 | 71 | 69 | 87 | 71 | 63 | 56 | 61 |
| Inventory Days | 65 | 50 | 89 | 78 | 75 | 79 | 91 | 120 | 100 | 75 | 84 | 84 |
| Days Payable | 110 | 65 | 96 | 91 | 92 | 95 | 125 | 164 | 153 | 104 | 110 | 118 |
| Cash Conversion Cycle | -3 | 25 | 45 | 45 | 52 | 55 | 36 | 43 | 17 | 34 | 30 | 27 |
| Working Capital Days | -66 | 3 | 13 | 8 | 4 | 2 | -2 | -8 | -36 | -14 | -20 | -21 |
| ROCE % | 10% | 6% | 10% | 11% | 12% | 12% | 6% | 2% | 7% | 10% | 8% | 8% |
Guidance history
How Rico Auto Industries Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 10–20% | Up 2%+ | Planned | — | Rising |
| Q4 FY26 call → | 20–40% | Up 0–2% | Planned | — | Rising |
| Q3 FY26 call → | 10–20% | Up 2%+ | Planned | — | Rising |
| Q2 FY26 call → | 40%+ | Up 2%+ | Planned | Planned | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
23 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +20.5% | 74% |
| Last 6 months | −8.5% | 39% |
| Last 3 months | −25.2% | 7% |
The price is 33.6% below its all-time high of ₹155.81 (5 Aug 2026). Stocks more than 20% below their peak have their score halved, so 47 became 23.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Rico Auto Industries Ltd: 0.4 × 74 + 0.4 × 39 + 0.2 × 7 = 47, halved to 23 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.