1. At a Glance

Rico Auto is like that over-enthusiastic engineering student who knows all the tech jargon but still gets average grades. On paper, they’re doing everything — aluminium and ferrous casting, hybrid and EV-ready parts, even DRDO collabs. In reality? Revenue growth crawls at 2% TTM, ROE barely hits 3%, and the P/E is 31.2 — meaning the market is either betting on a miraculous turnaround or just drunk on auto-sector optimism.

2. Introduction

Imagine you’re at a car showroom. The sales guy gives you a big speech about turbochargers, aluminum blocks, electric readiness, and space-age alloys. Then, when you take it for a test drive, the speedometer tops out at 40 km/h.That’s Rico Auto for you.Founded in 1983 in Ludhiana, this company has managed to be in the right industry (auto components), at the right time (EV wave, hybrid adoption, supply chain localization)… yet somehow keeps missing the breakout acceleration. Their integrated offerings — from design to assembly — should be an investor’s dream, but the financial horsepower still feels under-tuned.

3. Business Model (WTF Do They Even Do?)

Rico Auto manufactures critical auto components fortwo-wheelers, four-wheelers, commercial vehicles, off-road equipment, and even defence/railway sectors. Their offerings span:

• Ferrous & Aluminium Casting– Lightweight EV components to old-school ICE engine blocks.
• Machining & Assembly– Fully finished, ready-to-install parts for OEMs.
• Tooling & Development– End-to-end manufacturing solutions.

Client list? Global OEMs. That means they’re not making cute aftermarket parts for your cousin’s Maruti 800 — they’re supplying core components that go straight into production lines.Roast corner: A business this vertically integrated should print cash, but they’ve somehow turned integration into an integrated headache.

4. Financials Overview

Let’s do the maths. LatestEPS (Jun 2025)=