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Rico Auto Industries Limited
(RICOAUTO)
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Rating:60Neutral
Price Target:
₹150.00
▲(9.57% Upside)
Action:Reiterated
Date:06/18/26
The score is primarily held back by mixed financial performance—especially inconsistent free-cash-flow generation and only modest profitability—despite improving results in 2026. Technicals are a clear positive with strong trend and supportive momentum. Valuation is a notable headwind due to a high P/E and low dividend yield.
Positive Factors
OEM-focused business model
A core OEM-supply model to vehicle and engine makers provides durable, program-based revenue with multi-year production runs. Repeat parts, value-added machining and assembly create steady annuity-style sales and anchoring customer relationships across PV, CV and two-wheeler platforms.
Negative Factors
Inconsistent free cash flow
Irregular FCF undermines the firm's ability to self-fund capex, reduce debt, or return capital. Recurrent negative FCF across multiple years implies working-capital or capex volatility, limiting investment flexibility and increasing reliance on external financing over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
OEM-focused business model
A core OEM-supply model to vehicle and engine makers provides durable, program-based revenue with multi-year production runs. Repeat parts, value-added machining and assembly create steady annuity-style sales and anchoring customer relationships across PV, CV and two-wheeler platforms.
Read all positive factors
Rico Auto Industries Limited (RICOAUTO) vs. iShares MSCI India ETF (INDA)
Market Cap
₹18.30B
Dividend Yield0.39%
Average Volume (3M)148.19K
Price to Earnings (P/E)35.7
Beta (1Y)1.95
Revenue Growth11.99%
EPS Growth135.86%
CountryIN
Employees2,401
SectorConsumer Defensive
Sector Strength42
IndustryAuto - Parts
Share Statistics
EPS (TTM)3.25
Shares Outstanding135,284,990
10 Day Avg. Volume56,320
30 Day Avg. Volume148,195
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 generates revenue primarily by manufacturing and selling automotive components and sub-assemblies to original equipment manufacturers (OEMs) and, where applicable, their tiered supply chains. Its core revenue streams come from...
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 | 22.68B | 24.78B | 22.12B | 21.60B | 23.02B | 18.48B |
| Gross Profit | 6.75B | 6.29B | 2.14B | 2.28B | 6.74B | 5.20B |
| EBITDA | 2.18B | 2.23B | 2.00B | 2.31B | 2.44B | 1.76B |
| Net Income | 429.70M | 505.10M | 214.00M | 383.40M | 510.10M | 237.10M |
Balance Sheet | ||||||
| Total Assets | 20.47B | 21.42B | 20.02B | 18.95B | 19.36B | 17.95B |
| Cash, Cash Equivalents and Short-Term Investments | 224.50M | 216.50M | 195.40M | 208.10M | 348.90M | 257.30M |
| Total Debt | 6.92B | 7.28B | 6.97B | 6.88B | 7.54B | 6.13B |
| Total Liabilities | 12.90B | 13.58B | 12.69B | 11.72B | 12.46B | 11.61B |
| Stockholders Equity | 7.54B | 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
Positive
136.90
Price Trends
123.35
Positive
120.44
Positive
113.54
Positive
Market Momentum
5.86
Negative
53.01
Neutral
37.06
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RICOAUTO, the sentiment is Positive. The current price of 136.9 is above the 20-day moving average (MA) of 132.80, above the 50-day MA of 123.35, and above the 200-day MA of 113.54, indicating a bullish trend. The MACD of 5.86 indicates Negative momentum. The RSI at 53.01 is Neutral, neither overbought nor oversold. The STOCH value of 37.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:RICOAUTO.
Rico Auto Industries Limited Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ₹25.77B | 24.75 | ― | 0.32% | 5.20% | 10.23% | |
65 Neutral | ₹16.52B | 33.63 | ― | ― | 18.04% | 87.68% | |
64 Neutral | ₹18.92B | 16.20 | ― | 0.95% | -3.98% | 9.20% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
61 Neutral | ₹18.58B | 13.26 | ― | 0.74% | 11.39% | 324.30% | |
60 Neutral | ₹18.30B | 35.72 | ― | 0.39% | 11.99% | 135.86% | |
60 Neutral | ₹14.16B | 27.60 | ― | 0.61% | -10.69% | -5.27% |
* Consumer Defensive Sector Average
IN:RICOAUTO
Rico Auto Industries Limited
135.25
60.44
80.79%
IN:GNA
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IN:JAYBARMARU
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171.65
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120.09%
IN:PRECAM
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149.10
-64.02
-30.04%
IN:RACLGEAR
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1,401.45
492.10
54.12%
IN:TALBROAUTO
Talbros Automotive Components Limited
417.55
116.12
38.52%
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.