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Earnings Call

Rico Auto Industries Earnings Call: Key Takeaways

Rico Auto achieved record FY26 revenue of ₹2,477cr despite margin pressure from one-time labor costs and raw material settlement lags.

Highlights
Revenue growthFY26 revenue hit record ₹2,477cr, up 12% YoY.
MarginsReported 9.0%; adjusted for one-timers, margins were 10.25%.
Order bookNew orders worth ₹2,500cr secured over a 5-year program life.
Demand visibilityStrong domestic PV/2W outlook; 2X export growth targeted in 2 years.
Management confidenceBalanced; optimistic on growth but focused on renegotiating RM settlements.

Growth

Revenue grew 12% YoY, led by strong 2W/PV segments and exports rising to 16% of total mix.

Outlook

Targeting ₹3,000cr+ revenue for FY27 with Hosur plant operational from September 2026.

Risks

Margins hit by ₹19cr RM lag and ₹11cr labor code impacts; high net debt of ₹686cr.

Source

Earnings Call filed with NSE, NSE: RICOAUTO. Summary written with AI assistance from the document.

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Rico Auto Industries Ltd: key numbers

Share price
₹132.23
Market cap
₹1,789 Cr
Revenue (annual)
₹2,478 Cr
Net profit (annual)
₹50.51 Cr
P/E (TTM)
58.5×Sector 33.6×
Promoter holding
50.33%-0.01% QoQ
FII holding
3.58%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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15:04 IST NSE
Annual General Meeting

Rico Auto Industries Annual General Meeting

Rico Auto held its 43rd AGM on 8 Sep 2026, approving FY26 financials, a 55% dividend (Re.0.55/share), and director re-appointment. The Chairman highlighted electrification focus and industry growth.

12:37 IST BSE
Earnings Call

Rico Auto Industries Investor Presentation: Key Takeaways

Q1FY27 revenue grew 39% YoY to ₹755 Cr, but profitability was hit by high air freight and raw material lag. Management remains confident in hitting ₹3,250 Cr revenue for FY27 with margin recovery.

Call
Guides 30% growth
18:28 IST NSE
Earnings Call

Rico Auto Industries Earnings Call Transcript: Key Takeaways

Revenue grew 39% to ₹755 Cr, but net profit swung to a loss due to massive ₹24 Cr air freight and sorting costs caused by Red Sea supply chain disruptions.

Call
Guides 30% growth