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 ₹ 1,802 Cr.
- Current Price ₹ 133
- High / Low ₹ 157 / 68.5
- Stock P/E 36.3
- Book Value ₹ 51.4
- Dividend Yield 0.55 %
- ROCE 9.50 %
- ROE 7.36 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 2.72 times its book value
- Company has a low return on equity of 3.48% over last 3 years.
* 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,505 | 1,506 | 1,480 | 1,346 | 1,007 | 1,038 | 1,209 | 1,393 | 1,401 | 1,470 | 1,860 | 2,302 | 2,214 | |
1,378 | 1,389 | 1,332 | 1,249 | 908 | 927 | 1,078 | 1,249 | 1,287 | 1,381 | 1,702 | 2,081 | 1,984 | |
Operating Profit | 127 | 117 | 149 | 97 | 99 | 111 | 131 | 144 | 114 | 89 | 158 | 221 | 230 |
OPM % | 8% | 8% | 10% | 7% | 10% | 11% | 11% | 10% | 8% | 6% | 8% | 10% | 10% |
49 | 53 | 26 | 227 | 10 | 15 | 12 | 13 | 16 | 14 | 13 | 18 | 15 | |
Interest | 70 | 69 | 67 | 53 | 20 | 17 | 19 | 27 | 31 | 39 | 42 | 54 | 60 |
Depreciation | 71 | 87 | 94 | 85 | 47 | 46 | 54 | 58 | 80 | 80 | 91 | 112 | 121 |
Profit before tax | 35 | 14 | 13 | 187 | 41 | 63 | 70 | 72 | 19 | -16 | 38 | 74 | 64 |
Tax % | 35% | 61% | 79% | 18% | 28% | 18% | 17% | 29% | 12% | 12% | 37% | 31% | |
22 | 5 | 3 | 154 | 30 | 52 | 58 | 51 | 17 | -14 | 24 | 51 | 49 | |
EPS in Rs | 1.66 | 0.40 | 0.25 | 11.34 | 2.18 | 3.81 | 4.27 | 3.73 | 1.23 | -1.05 | 1.75 | 3.62 | 3.57 |
Dividend Payout % | 9% | 38% | 40% | 26% | 28% | 20% | 19% | 21% | 24% | -19% | 23% | 21% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 14% |
3 Years: | 18% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | 45% |
5 Years: | -5% |
3 Years: | 33% |
TTM: | 34% |
Stock Price CAGR | |
---|---|
10 Years: | 26% |
5 Years: | 15% |
3 Years: | 51% |
1 Year: | 88% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 5% |
3 Years: | 3% |
Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 328 | 331 | 335 | 437 | 457 | 510 | 550 | 602 | 607 | 592 | 620 | 676 | 682 |
479 | 499 | 349 | 186 | 227 | 236 | 272 | 379 | 418 | 554 | 599 | 754 | 725 | |
332 | 378 | 472 | 241 | 205 | 200 | 234 | 323 | 381 | 477 | 548 | 492 | 504 | |
Total Liabilities | 1,153 | 1,221 | 1,170 | 878 | 902 | 960 | 1,069 | 1,317 | 1,420 | 1,636 | 1,781 | 1,936 | 1,924 |
560 | 678 | 672 | 399 | 388 | 428 | 452 | 605 | 692 | 733 | 825 | 1,019 | 1,039 | |
CWIP | 85 | 51 | 35 | 34 | 70 | 44 | 63 | 80 | 63 | 63 | 88 | 79 | 78 |
Investments | 0 | 0 | 0 | 48 | 6 | 27 | 26 | 0 | 0 | 0 | 2 | 2 | 2 |
508 | 492 | 463 | 397 | 439 | 460 | 528 | 632 | 665 | 840 | 865 | 835 | 805 | |
Total Assets | 1,153 | 1,221 | 1,170 | 878 | 902 | 960 | 1,069 | 1,317 | 1,420 | 1,636 | 1,781 | 1,936 | 1,924 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
112 | 213 | 291 | -21 | 35 | 75 | 86 | 128 | 117 | 23 | 216 | 160 | |
-33 | -156 | -72 | 246 | -13 | -68 | -78 | -180 | -132 | -100 | -198 | -228 | |
-92 | -53 | -221 | -231 | -22 | -8 | -1 | 69 | 2 | 80 | -24 | 77 | |
Net Cash Flow | -13 | 5 | -2 | -6 | 1 | -1 | 7 | 16 | -13 | 2 | -6 | 9 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 46 | 39 | 41 | 40 | 52 | 58 | 69 | 71 | 69 | 87 | 71 | 63 |
Inventory Days | 71 | 65 | 65 | 50 | 89 | 78 | 75 | 79 | 91 | 120 | 100 | 75 |
Days Payable | 77 | 78 | 110 | 65 | 96 | 91 | 92 | 95 | 125 | 164 | 153 | 104 |
Cash Conversion Cycle | 40 | 26 | -3 | 25 | 45 | 45 | 52 | 55 | 36 | 43 | 17 | 34 |
Working Capital Days | 22 | 6 | -24 | 19 | 44 | 48 | 45 | 44 | 41 | 67 | 42 | 42 |
ROCE % | 9% | 8% | 10% | 6% | 10% | 11% | 12% | 12% | 6% | 2% | 7% | 10% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Apr - In compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2024.
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Compliance Certificate For The Period Ended 31St March, 2024
3 Apr - All the activities in relation to both, physical and electronic share transfer facility are being maintained by M/s. MCS Share Transfer Agent Limited, the Registrar …
- Closure of Trading Window 29 Mar
- Announcement under Regulation 30 (LODR)-Scheme of Arrangement 28 Mar
- Announcement under Regulation 30 (LODR)-Change in Directorate 28 Mar
Annual reports
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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 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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Financial Year 2011
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Concalls
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Feb 2024TranscriptPPT
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Jul 2020TranscriptNotesPPT
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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]