Results - Announcements
Rico Auto Industries Ltd share price nosedived by 10.81% to Rs 97.89. The Company's net profit jumped 677.22% to Rs 26.27 crore, while revenue from operations edged up 12.88% to Rs 852.36 crore in Q2FY27 over Q2FY26.
The market capitalization of Auto Components & Equipments industry group stocks on BSE stood at Rs 12.67 lakh crore, gaining 9.65%. It has marginally improved by 5.05% over last one week and dipped slightly by 0.74% in last one month while the market capitalization of Rico Auto Industries Ltd has softened by 1.32% and 35.34% in the same period respectively.
Profit before tax (PBT) of Rico Auto Industries Ltd stood at Rs 33.16 crore in Q2 FY27, tanking 235.46% year-on-year, and jumping 712.75% quarter-on-quarter. EBITDA came in at Rs 2 crore, tumbling by 96.17% YoY and crashing by 92.86% sequentially.
Total expenses increased by 16.81% to Rs 873.04 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 608.14 crore, going up by 13.84% YoY, while employee benefits expense was at Rs 57.14 crore, ticking higher by 4.92% YoY.
For FY26, revenue from operations rose 11.99% to Rs 2477.73 crore, while net profit soared by 173.16% to Rs 52.42 crore, compared to previous FY. EBITDA witnessed a strong improvement of 17380% to Rs 213.25 crore, and PBT soared 63.14% to Rs 69.48 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 325.65 crore in FY26, as against Rs 183.09 crore in FY25.
Rico Auto Industries Ltd rallied 21.65% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 2.74% during the same period.