Rico Auto Industries Ltd
About
Rico Auto Industries Limited is an India-based engineering company that provides high precision fully machined aluminium and ferrous components and assemblies to automotive original equipment manufacturers (OEMs) worldwide. The company offers an expansive range of products, including crankcases, cylinder head covers, oil pans, flywheels and gear housings. Rico operates 8 manufacturing units across India that specialise in the design, development, casting, and assembly of these components. Rico also produces in-house dyes, patterning and tooling, creating 200 dies and 600 die inserts annually. The company is supported by 2 subsidiaries in the UK and the USA which assist with logistics management, delivery, warehousing and customer service.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 2169 -6.6% | 2322 19.6% | 1941 25.2% | 1551 8.8% | 1425 -1.0% | 1439 18.0% | 1220 15.1% | 1060 3.8% | 1021 -41.8% | 1754 17.7% | 1491 -3.9% | 1552 -0.3% | 1556 15.3% | 1349 33.8% | 1009 7.6% | 938 - |
| Net Operating Income (INR Cr) | 2160 -6.20% | 2302 23.80% | 1860 26.52% | 1470 4.92% | 1401 0.60% | 1393 15.16% | 1209 16.51% | 1038 3.08% | 1007 -25.21% | 1346 -9.04% | 1480 -1.72% | 1506 0.08% | 1505 14.43% | 1315 32.22% | 995 9.97% | 904 7.75% |
| Profit (INR Cr) | 38 -21.7% | 49 107.0% | 24 - | -14 - | 17 -67.1% | 51 -12.6% | 58 12.0% | 52 75.3% | 29 -80.8% | 153 4399.4% | 3 -36.5% | 5 -76.1% | 22 68.9% | 13 - | -5 - | -5 - |
| Assets (INR Cr) | 1429 -2.5% | 1465 16.8% | 1254 5.3% | 1192 10.5% | 1078 5.3% | 1025 18.9% | 862 9.7% | 786 9.5% | 718 9.8% | 653 -7.9% | 710 -16.8% | 853 3.2% | 827 3.2% | 801 7.3% | 746 8.5% | 688 - |
| Net Worth (INR Cr) | 720 4.5% | 689 8.8% | 634 4.6% | 606 -2.4% | 621 0.8% | 616 9.4% | 563 7.6% | 524 11.3% | 471 4.3% | 451 29.3% | 349 1.4% | 344 0.8% | 341 6.2% | 322 5.5% | 305 2.6% | 297 -1.7% |
| Employee Cost (INR Cr) | 304 3.7% | 293 7.7% | 272 12.4% | 242 -4.4% | 253 55.8% | 163 6.2% | 153 12.3% | 136 3.7% | 131 -12.8% | 151 -0.2% | 151 7.0% | 141 5.3% | 134 -11.3% | 151 38.8% | 109 15.9% | 94 - |
| Interest Cost (INR Cr) | 58 | 54 | 42 | 39 | 31 | 27 | 19 | 17 | 20 | 53 | 67 | 69 | 70 | 52 | 41 | 46 |
| Cash & Bank Balance (INR Cr) | 22 | 36 | 26 | 21 | 17 | 27 | 12 | 5 | 7 | 5 | 11 | 11 | 6 | 19 | 14 | 13 |
| Total Debt (INR Cr) | 688 | 754 | 599 | 554 | 418 | 379 | 272 | 236 | 227 | 186 | 349 | 499 | 479 | 475 | 442 | 391 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 1.8% | 2.1% | 1.2% | - | 1.2% | 3.5% | 4.7% | 4.9% | 2.9% | 8.8% | 0.2% | 0.4% | 1.4% | 1.0% | - | - |
| Profit As % Of Assets | 2.7% | 3.3% | 1.9% | - | 1.5% | 4.9% | 6.7% | 6.6% | 4.1% | 23.5% | 0.5% | 0.6% | 2.7% | 1.7% | - | - |
| Profit As % Of Networth | 5.3% | 7.1% | 3.7% | - | 2.7% | 8.2% | 10.3% | 9.9% | 6.3% | 34.0% | 1.0% | 1.6% | 6.6% | 4.1% | - | - |
| Interest Cost to EBITDA % | 26.5% | 24.5% | 27.8% | 45.8% | 29.2% | 20.0% | 15.2% | 15.2% | 21.6% | - | 45.5% | 58.9% | 55.5% | 42.2% | 52.2% | 63.8% |
| Debt to Equity Ratio | 0.96 | 1.09 | 0.95 | 0.91 | 0.67 | 0.61 | 0.48 | 0.45 | 0.48 | 0.41 | 1.00 | 1.45 | 1.40 | 1.48 | 1.45 | 1.32 |
| RONW | 5.5% | 7.7% | 4.5% | - | 3.3% | 9.8% | 11.7% | 10.4% | 6.5% | 3.7% | 0.8% | 0.4% | -2.2% | 2.9% | - | - |
| ROCE | 8.0% | 9.4% | 7.1% | 2.4% | 5.4% | 11.6% | 11.7% | 10.7% | 9.0% | 6.3% | 10.2% | 8.3% | 9.3% | 8.7% | 6.0% | 6.4% |