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Rico Auto Industries Limited
(RICOAUTO)
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Rating:49Neutral
Price Target:
₹116.00
▼(-20.41% Downside)
Action:Reiterated
Date:09/18/26
The score is held back most by uneven cash generation and only moderate balance-sheet strength alongside thin margins, despite improving 2026 profitability. Technicals are also weak (negative MACD and trading below key moving averages), and valuation is expensive (P/E ~56) with minimal income support (0.43% yield).
Positive Factors
Revenue Growth
Revenue growth into 2026 indicates that Rico Auto is continuing to expand its commercial activity across automotive programs. Sustained top-line progress can support better capacity utilization, deepen OEM relationships, and provide a foundation for improving earnings if operational discipline is maintained.
Negative Factors
Thin, Volatile Margins
Thin and uneven margins leave limited protection against cost increases, production inefficiencies, or weaker program economics. The historical volatility, including a loss year, suggests that revenue growth does not automatically translate into stable earnings and that operating execution remains important.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Revenue growth into 2026 indicates that Rico Auto is continuing to expand its commercial activity across automotive programs. Sustained top-line progress can support better capacity utilization, deepen OEM relationships, and provide a foundation for improving earnings if operational discipline is maintained.
Read all positive factors
Rico Auto Industries Limited (RICOAUTO) vs. iShares MSCI India ETF (INDA)
Market Cap
₹15.72B
Dividend Yield0.47%
Average Volume (3M)55.07K
Price to Earnings (P/E)50.9
Beta (1Y)2.09
Revenue Growth21.35%
EPS Growth-4.52%
CountryIN
Employees2,401
SectorGeneral
Sector StrengthN/A
IndustryAuto - Parts
Share Statistics
EPS (TTM)2.28
Shares Outstanding135,284,990
10 Day Avg. Volume49,903
30 Day Avg. Volume55,068
Financial Highlights & Ratios
PEG Ratio0.20
Price to Book (P/B)1.75
Price to Sales (P/S)0.55
P/FCF Ratio-57.86
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Rico Auto Industries Limited Business Overview & Revenue Model
Company Description
Rico Auto Industries Limited is an India-based engineering firm that specializes in the global production and distribution of high-precision, fully machined components and assemblies. Crafted from both aluminum and ferrous metals, these critical p...
How the Company Makes Money
Rico Auto Industries Limited primarily makes money by manufacturing and selling automotive components to original equipment manufacturers (OEMs) and, where applicable, to tier-1 suppliers that integrate components into larger assemblies. Revenue i...
Rico Auto Industries Limited Financial Statement Overview
Summary
Income Statement
64
Positive
Balance Sheet
58
Neutral
Cash Flow
45
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 26.92B | 24.78B | 22.12B | 21.60B | 23.02B | 18.48B |
| Gross Profit | 8.88B | 6.29B | 2.14B | 2.28B | 6.74B | 5.20B |
| EBITDA | 2.04B | 2.25B | 2.00B | 2.31B | 2.39B | 1.71B |
| Net Income | 305.90M | 505.10M | 214.00M | 383.40M | 510.10M | 237.10M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 21.42B | 20.02B | 18.95B | 19.36B | 17.95B |
| Cash, Cash Equivalents and Short-Term Investments | 153.40M | 156.30M | 195.40M | 208.10M | 348.90M | 257.30M |
| Total Debt | 0.00 | 7.28B | 6.97B | 6.88B | 7.54B | 6.13B |
| Total Liabilities | -7.84B | 13.58B | 12.69B | 11.72B | 12.46B | 11.61B |
| Stockholders Equity | 7.84B | 7.79B | 7.30B | 7.20B | 6.89B | 6.34B |
Cash Flow | ||||||
| Free Cash Flow | 368.10M | -235.20M | -259.10M | 766.60M | -404.30M | 124.10M |
| Operating Cash Flow | 1.49B | 2.73B | 1.33B | 2.47B | 1.60B | 2.16B |
| Investing Cash Flow | -1.13B | -2.88B | -1.28B | -1.03B | -2.33B | -1.99B |
| Financing Cash Flow | -409.90M | 122.40M | -32.90M | -1.53B | 773.00M | -244.40M |
Rico Auto Industries Limited Technical Analysis
Negative
145.75
Price Trends
130.76
Negative
131.05
Negative
125.14
Negative
Market Momentum
-3.53
Positive
35.00
Neutral
6.05
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RICOAUTO, the sentiment is Negative. The current price of 145.75 is above the 20-day moving average (MA) of 125.64, above the 50-day MA of 130.76, and above the 200-day MA of 125.14, indicating a bearish trend. The MACD of -3.53 indicates Positive momentum. The RSI at 35.00 is Neutral, neither overbought nor oversold. The STOCH value of 6.05 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:RICOAUTO.
Rico Auto Industries Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ₹23.07B | 17.49 | ― | 0.56% | 8.11% | 29.23% | |
72 Outperform | ₹24.96B | 22.28 | ― | 0.19% | 8.71% | 16.57% | |
69 Neutral | ₹17.88B | 35.44 | ― | 0.10% | 28.21% | 65.76% | |
57 Neutral | ₹13.26B | 9.61 | ― | 0.57% | 13.29% | 171.97% | |
56 Neutral | ₹10.83B | 26.47 | ― | 0.88% | -4.88% | -33.32% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
49 Neutral | ₹15.72B | 50.89 | ― | 0.47% | 21.35% | -4.52% |
* General Sector Average
IN:RICOAUTO
Rico Auto Industries Limited
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34.45%
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Rico Auto Industries Limited Corporate Events
Rico Auto Publishes Fourth Notice on Special Demat Window for Physical Shares
Aug 20, 2026
Rico Auto Industries has notified the stock exchanges that it has published a fourth notice in leading newspapers regarding the opening of a special window for the transfer and dematerialisation of physical securities held by its shareholders. The...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.