Rico Auto Industries Ltd
Rico Auto Industries Limited is an integrated Auto Component Manufacturer present in the value chain from ‘Design to Delivery’, it was Incorporated in 1983. It manufactures and supplies Aluminum and Ferrous Machined Components and Assemblies to Original Equipment Manufacturers and Tier-1 customers across the globe. [1][2]
- Market Cap ₹ 827 Cr.
- Current Price ₹ 61.2
- High / Low ₹ 155 / 58.4
- Stock P/E 27.7
- Book Value ₹ 53.3
- Dividend Yield 0.97 %
- ROCE 8.18 %
- ROE 5.55 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 1.16 times its book value
- Company has been maintaining a healthy dividend payout of 21.6%
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 9.17% over past five years.
- Company has a low return on equity of 5.81% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,506 | 1,480 | 1,346 | 1,007 | 1,038 | 1,209 | 1,393 | 1,401 | 1,470 | 1,860 | 2,302 | 2,160 | 2,216 | |
1,389 | 1,332 | 1,249 | 908 | 927 | 1,078 | 1,249 | 1,287 | 1,381 | 1,702 | 2,081 | 1,938 | 2,018 | |
Operating Profit | 117 | 149 | 97 | 99 | 111 | 131 | 144 | 114 | 89 | 158 | 221 | 222 | 197 |
OPM % | 8% | 10% | 7% | 10% | 11% | 11% | 10% | 8% | 6% | 8% | 10% | 10% | 9% |
53 | 26 | 227 | 10 | 15 | 12 | 13 | 16 | 14 | 13 | 18 | 12 | 11 | |
Interest | 69 | 67 | 53 | 20 | 17 | 19 | 27 | 31 | 39 | 42 | 54 | 58 | 54 |
Depreciation | 87 | 94 | 85 | 47 | 46 | 54 | 58 | 80 | 80 | 91 | 112 | 118 | 106 |
Profit before tax | 14 | 13 | 187 | 41 | 63 | 70 | 72 | 19 | -16 | 38 | 74 | 57 | 48 |
Tax % | 61% | 79% | 18% | 28% | 18% | 17% | 29% | 12% | -12% | 37% | 31% | 32% | |
5 | 3 | 154 | 30 | 52 | 58 | 51 | 17 | -14 | 24 | 51 | 39 | 30 | |
EPS in Rs | 0.40 | 0.25 | 11.34 | 2.18 | 3.81 | 4.27 | 3.73 | 1.23 | -1.05 | 1.75 | 3.62 | 2.83 | 2.18 |
Dividend Payout % | 38% | 40% | 26% | 28% | 20% | 19% | 21% | 24% | -19% | 23% | 21% | 21% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 9% |
3 Years: | 14% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | 31% |
5 Years: | -7% |
3 Years: | 79% |
TTM: | -40% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 27% |
3 Years: | 22% |
1 Year: | -57% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 4% |
3 Years: | 6% |
Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 331 | 335 | 437 | 457 | 510 | 550 | 602 | 607 | 592 | 620 | 676 | 707 | 707 |
499 | 349 | 186 | 227 | 236 | 272 | 379 | 418 | 554 | 599 | 754 | 688 | 726 | |
378 | 472 | 241 | 205 | 200 | 234 | 323 | 381 | 477 | 548 | 492 | 479 | 585 | |
Total Liabilities | 1,221 | 1,170 | 878 | 902 | 960 | 1,069 | 1,317 | 1,420 | 1,636 | 1,781 | 1,936 | 1,887 | 2,031 |
678 | 672 | 399 | 388 | 428 | 452 | 605 | 692 | 733 | 825 | 1,019 | 1,070 | 1,103 | |
CWIP | 51 | 35 | 34 | 70 | 44 | 63 | 80 | 63 | 63 | 88 | 79 | 89 | 103 |
Investments | 0 | 0 | 48 | 6 | 27 | 26 | 0 | 0 | 0 | 2 | 2 | 4 | 4 |
492 | 463 | 397 | 439 | 460 | 528 | 632 | 665 | 840 | 865 | 835 | 725 | 821 | |
Total Assets | 1,221 | 1,170 | 878 | 902 | 960 | 1,069 | 1,317 | 1,420 | 1,636 | 1,781 | 1,936 | 1,887 | 2,031 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
213 | 291 | -21 | 35 | 75 | 86 | 128 | 117 | 23 | 216 | 160 | 247 | |
-156 | -72 | 246 | -13 | -68 | -78 | -180 | -132 | -100 | -198 | -228 | -102 | |
-53 | -221 | -231 | -22 | -8 | -1 | 69 | 2 | 80 | -24 | 77 | -153 | |
Net Cash Flow | 5 | -2 | -6 | 1 | -1 | 7 | 16 | -13 | 2 | -6 | 9 | -8 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 39 | 41 | 40 | 52 | 58 | 69 | 71 | 69 | 87 | 71 | 63 | 56 |
Inventory Days | 65 | 65 | 50 | 89 | 78 | 75 | 79 | 91 | 120 | 100 | 75 | 84 |
Days Payable | 78 | 110 | 65 | 96 | 91 | 92 | 95 | 125 | 164 | 153 | 104 | 110 |
Cash Conversion Cycle | 26 | -3 | 25 | 45 | 45 | 52 | 55 | 36 | 43 | 17 | 34 | 30 |
Working Capital Days | 6 | -24 | 19 | 44 | 48 | 45 | 44 | 41 | 67 | 42 | 42 | 40 |
ROCE % | 8% | 10% | 6% | 10% | 11% | 12% | 12% | 6% | 2% | 7% | 10% | 8% |
Documents
Announcements
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
2d - Fine imposed for non-compliance with board composition regulations.
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
2d - Company acquires 26% stake in Boond Renewable Energy.
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Closure of Trading Window
26 Mar - Closure of trading window from April 1, 2025.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
19 Feb - Transcript of Q3 FY25 earnings conference call.
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Audio Recording Of Conference Call Held On 13Th February, 2025
13 Feb - Audio recording of investor conference call available.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Feb 2025TranscriptPPT
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Nov 2024TranscriptPPT
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Aug 2024TranscriptPPT
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May 2024TranscriptPPT
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Feb 2024TranscriptPPT
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Nov 2023TranscriptPPT
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Jun 2023Transcript PPT
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Feb 2023TranscriptPPT
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Nov 2022TranscriptPPT
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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Jun 2021TranscriptPPT
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Feb 2021TranscriptPPT
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Nov 2020TranscriptPPT
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Sep 2020TranscriptPPT
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Jul 2020TranscriptNotesPPT
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Jul 2020Transcript PPT
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Feb 2020TranscriptPPT
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Nov 2019TranscriptPPT
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Aug 2019Transcript PPT
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Jun 2019TranscriptPPT
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Mar 2019Transcript PPT
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Nov 2018Transcript PPT
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Nov 2018TranscriptNotesPPT
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Aug 2018TranscriptPPT
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Apr 2018TranscriptNotesPPT
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Dec 2017TranscriptNotesPPT
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Oct 2015TranscriptNotesPPT
Products and Services
The Company’s integrated services include design, development, tooling, casting, machining, assembly, and research across aluminum & ferrous products and electric vehicle products. Some Key products of the company are Clutch, Panel, Housing, and Electric Vehicle Products. [1]