1. At a Glance
Rico Auto builds complex components for EVs, hybrids, and ICE vehicles. But while the machines run hot, the bottom line keeps stalling. Revenue is stable at ₹2,200 Cr+, yet FY25 profit is barely ₹21 Cr. Stock’s at ₹75.5, P/E >45, and the valuation’s feeling turbocharged—but is the engine tuned?
2. Introduction with Hook
Picture this: a supplier to global OEMs—doing precision machining for EVs, hybrids, and good old petrol guzzlers—revving up 545 Cr in quarterly sales but putting only ₹7 Cr into the profit garage.
That’s Rico Auto, where the top line accelerates, but the net profit rides a bicycle.
- Market Cap: ₹1,022 Cr
- FY25 Net Profit: ₹21 Cr
- ROE: 3.1%
- Dividend? A faint 0.79% yield
3. Business Model – WTF Do They Even Do?
Rico Auto makes engine, transmission, and structural components for:
- 2-wheelers & 4-wheelers
- Passenger cars & CVs
- EVs, hybrids, and ICE
Core products:
- Aluminium & ferrous casting
- Machining, assembly, tool design
- Supplied to OEMs
