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Auto Ancillaries - Spare Parts Accessories →
Home›Stocks›Rico Auto Industries Ltd
RICOAUTORico Auto Industries LtdAuto Ancillaries - Spare Parts Accessories
₹136+77.8% 1y

Rico Auto Industries Ltd (RICOAUTO) — share price & stock analysis

From losses in FY21 to record profits — the comeback is real, the price knows it.

TURNAROUND, RICHLY PRICEDBeating NIFTY 500 for 37 weeks
STAGE 2 UPTRENDBEATING NIFTY 37W
TURNAROUNDMARGINS COMPRESSINGEXPENSIVE VS HISTORY
DEEP CYCLICALEARLY RECOVERY
₹1,840 Cr
Market cap
32.5×
P/E
7.5%
ROE
81st pctile
vs own 10-yr valuation
By Sector Alpha Research · machine-compiled from Screener.in data · Updated 1 July 2026 · Sources: Screener.in company page, NSE quote · Not investment advice
The 30-second answer

Rico Auto Industries Ltd (RICOAUTO) trades at ₹136 as of 1 July 2026, up 78% over the past year — beating NIFTY 500 for 37 weeks. The machine reads this as turnaround, richly priced: from losses in FY21 to record profits — the comeback is real, the price knows it. It trades at a P/E of 32.5× (the 81st percentile of its own range); the price is in Stage 2 — advancing, 43 weeks in; the business cycle reads DEEP CYCLICAL / EARLY RECOVERY. Fundamentals-momentum score: 50/100 (mixed).

Data as of 1 July 2026 · every number traces to its Screener source column · not investment advice.

Key numbers
Market cap
₹1,840 Cr
P/E
32.5×
ROE
7.5%
vs own 10-yr valuation
81st pctile
Book value / share
₹57.6
EPS (TTM)
₹4.18
10-yr median P/E
22.2×
Revenue (FY26)
₹2,478 Cr
Profit after tax (FY26)
₹52 Cr
Weinstein stage
Stage 2 (43 weeks)
Data as of
1 July 2026
MOMENTUM OF THE FUNDAMENTALS
50/100
MIXED
Levels: ROCE 9% — weak · real debt (0.93× equity) · margins mid-band
SalesUp 24% YoY — 4 straight growth quarters
MarginsOPM 9.3% → 7.1% in a year
ProfitDown 7% YoY
Cash generationOperating cash ₹193 Cr → ₹326 Cr
Balance sheetD/E 0.95× → 0.93×
Committed ownersPromoters + funds hold 52.6% (a year ago: 51.9%)
DEEP CYCLICAL
Trough
Recovery
Expansion
Peak

Profits swing violently in this business — real losses in FY21. That is what “deep cyclical” means: the same company looks brilliant at the top of its cycle and broken at the bottom.net_profit

Where the clock stands now: earnings sit at 39% of their historical range, margins are mid-band, and the market pays the expensive end of its range (81st percentile). That reads as EARLY RECOVERY — the sweet spot of the pendulum — the improvement is visible but not yet fully priced.net_profit

3 of the 6 things we track are currently moving the right way — some things working, some not.

Where the levels actually stand: ROCE 9% — weak; real debt (0.93× equity); margins mid-band. Momentum says which way things are moving; these say where they are.

Read this number for what it is: it measures the DIRECTION of change, not the quality of the business. A mediocre business getting better scores high here; a great one having a soft quarter scores low. Profit, sales and margins count double.

THE ONE CHART THAT MATTERS

The market has pre-paid for growth that hasn’t arrived yet

Since Mar 2016, the stock is up 267% while earnings per share grew 77%. The difference is re-rating — investors paying more for the same rupee of profit.pricettm_eps

That works until it doesn’t: from here, earnings have to do the lifting, because the multiple has already done its part.

Today’s P/E of 32.5× means the market is paying up — this is the expensive end of its own 10-year history (81st percentile).pe_ratio

Price, earnings per share, and the P/E the market pays₹ · ×valuation_history
50.010015002.5₹ price₹ EPS₹136EPS ₹4P/E ×20.040.0med 22×33×Mar 16Sep 19Mar 23Jul 26
Data: Price, EPS and valuation (sampled — full series in the embedded dataset)
PeriodPrice (₹)EPS (TTM) (₹)P/E (×)
Mar 1634.3–16.9
Jun 1635.0–14.5
Aug 1654.93.316.8
Oct 1669.13.917.7
Dec 1654.43.913.9
Mar 1757.33.914.6
May 1756.63.914.4
Jul 1776.23.919.6
Oct 171003.826.5
Dec 1798.03.429.2
Feb 1883.03.822.1
May 1876.93.820.4
Jul 1871.84.715.2
Sep 1875.75.015.1
Nov 1870.75.413.1
Feb 1961.95.211.4
Apr 1967.65.212.9
Jun 1960.04.314.1
Sep 1936.93.211.7
Nov 1946.72.320.3
Jan 2047.12.320.5
Apr 2019.72.19.3
Jun 2033.8–15.9
Aug 2031.3–20.1
Oct 2028.9––
Jan 2138.6––
Mar 2138.6––
May 2144.8––
Aug 2154.6––
Oct 2147.51.141.6
Dec 2143.0–22.8
Mar 2235.1–15.5
May 2232.82.314.4
Jul 2246.1–22.4
Sep 2255.52.720.7
Dec 2281.02.729.6
Feb 2373.22.726.7
Apr 2371.8–26.2
Jul 231074.026.6
Sep 2383.73.722.5
Nov 2395.73.626.4
Feb 241033.628.2
Apr 241423.738.4
Jun 241452.949.5
Aug 241222.942.5
Nov 2495.82.833.5
Jan 2591.2–32.1
Mar 2560.42.227.3
Jun 2582.01.650.9
Aug 2591.82.437.8
Oct 2586.0–35.4
Jan 261353.241.8
Feb 261324.331.0
May 261264.329.7
Jun 261454.234.8
Jul 261364.232.5

Price is the weekly close (₹). EPS is trailing-twelve-month profit per share, anchored on Screener's own snapshots; between snapshots it is filled from price ÷ P/E (an exact identity), and any fill straying more than 18% from the neighbouring snapshots is dropped rather than shown. The lower panel is the P/E — what the market pays per rupee of profit; the dotted line is its long-run median (22.2×).

WHERE THE PRICE IS IN ITS CYCLE

An uptrend that has held for 43 weeks

STAGE 2 · ADVANCING · 43 WEEKS

Every stock cycles through the same four seasons — a flat base (stage 1), an advance (2), a top (3), a decline (4). Right now this one is in Stage 2: advancing, 43 weeks in, confirmed.stage

The price sits above its rising 200-day average (₹114 today) — trends like this persist more often than they reverse, which is why the system rides them instead of guessing the top.dma_200

Beating NIFTY 500 for 37 weeks — relative strength is the market’s live opinion, and right now it is on this stock’s side.rs_mansfield

What would end it: two Friday closes in a row below the 200-day line. That is the house exit rule — mechanical, no debates.dma_200

Weekly price with its 200-day and 50-day averages — stages shaded₹weinstein_stages
S4S250.0100150Price200-DMAStage 2 began · Oct 25Feb 16Aug 19Mar 23Jul 26
Data: Weekly price, moving averages and stage (sampled — full series in the embedded dataset)
PeriodPrice (₹)200-DMA (₹)50-DMA (₹)Stage
Feb 1627.942.037.64
May 1635.039.436.74
Aug 1654.941.145.22
Nov 1669.751.764.82
Jan 1759.655.159.82
Apr 1761.256.659.22
Jul 1779.357.359.44
Oct 1710068.985.32
Dec 1710181.395.82
Mar 1875.583.183.22
Jun 1875.380.777.24
Sep 1881.378.778.64
Nov 1870.775.471.34
Feb 1960.971.264.64
May 1958.768.063.24
Aug 1939.962.853.04
Nov 1946.353.943.54
Jan 2047.150.846.84
Apr 2029.142.028.64
Jul 2031.236.730.94
Oct 2029.133.630.04
Dec 2034.032.932.74
Mar 2138.635.238.22
Jun 2149.038.042.82
Sep 2150.243.950.72
Nov 2142.644.745.72
Feb 2238.844.343.54
May 2232.840.636.64
Aug 2248.541.243.24
Oct 2259.147.455.42
Jan 2390.560.178.22
Apr 2371.365.872.32
Jul 2310774.789.62
Sep 2380.081.687.12
Dec 2386.384.789.12
Mar 2413392.61072
Jun 241261101272
Aug 241221181262
Nov 2485.51121014
Feb 2568.910086.44
May 2560.785.466.34
Aug 2569.380.874.14
Oct 2586.085.790.42
Jan 2612298.41182
Apr 261141071152
Jun 261451121242
Jul 261361141272
THE LONG ARC

Out of the loss years — profitable again, still below its best

Over 12 years, sales went from ₹1,480 Cr to ₹2,478 Cr (about 4% a year), and profit from ₹3.0 Cr to ₹52.0 Cr.revenuenet_profit

The books show real losses in FY21 (worst: ₹−14.0 Cr). Everything about today’s cheap-looking numbers must be read against that history — the recovery is what you are buying.net_profit

Revenue by year₹ Crannual_results
01,0002,000FY14FY19FY24FY26
Data: Revenue by year
PeriodRevenue (₹ Cr)
FY141,480
FY151,346
FY161,007
FY171,038
FY181,209
FY191,393
FY201,401
FY211,470
FY221,860
FY232,302
FY242,160
FY252,212
FY262,478
Profit by year₹ Crannual_results
0100FY14FY19FY24FY26
Data: Profit by year
PeriodProfit after tax (₹ Cr)
FY143
FY15154
FY1630
FY1752
FY1858
FY1951
FY2017
FY21-14
FY2224
FY2351
FY2439
FY2521
FY2652
OPM % by year%annual_results
6.08.010.0FY14FY19FY24FY26
Data: OPM % by year
PeriodOPM % (%)
FY1410.1
FY157.2
FY169.8
FY1710.7
FY1810.8
FY1910.3
FY208.1
FY216.1
FY228.5
FY239.6
FY2410.3
FY258.8
FY269.0
CHAPTER 1 · THE ENGINE

Sales jumped 24% last quarter — the 4th straight quarter of growth

Revenue — the money that comes in from customers, before any costs.

Mar 26 sales were ₹677 Cr, up 24% on the same quarter last year.revenue

That makes 4 quarters of growth in a row — this is a trend, not a blip.revenue

Quarterly sales₹ Crquarterly_results
0250500YoY %+24Jun 23Jun 24Jun 25Mar 26
Data: Quarterly sales
PeriodRevenue (₹ Cr)YoY growth (%)
Jun 23534–
Sep 23554–
Dec 23524–
Mar 24548–
Jun 245401.1
Sep 245764.0
Dec 245525.4
Mar 25545-0.6
Jun 255430.7
Sep 256279.0
Dec 2562914.1
Mar 2667724.3
WATCH →If quarterly growth slips below 12%, the story weakens.
CHAPTER 2 · THE TAKE

Margins are compressing — 9% → 7% in a year

Margins — the share of every ₹100 of sales kept as profit. Gross (after raw materials), operating (after running costs), net (after everything).

Of every ₹100 of sales, the company keeps ₹7.1 as operating profit (a year ago it kept ₹9.3).opm_pct

Zoom out and this is the page's quiet hero: annual operating margin bottomed at 6.1% in FY21 and has been rebuilt to 9.0% — that recovery, not sales alone, is what powers the profit growth elsewhere on this page.operating_profit

The gross margin moved the same way (41% → 35%), so this is about input costs and pricing power — the raw-material equation worsened.gpm_pctopm_pct

Three margins, quarterly%margin_trends
0.020.040.0GrossOperatingNetJun 23Jun 24Jun 25Mar 26
Data: Three margins, quarterly
PeriodGross (%)Operating (%)Net (%)
Jun 2342.69.51.2
Sep 2341.19.81.2
Dec 2342.911.12.1
Mar 2441.910.83.0
Jun 2439.38.01.1
Sep 2439.28.61.2
Dec 2439.28.20.3
Mar 2540.99.31.4
Jun 2540.49.93.2
Sep 2538.29.72.9
Dec 2538.09.62.6
Mar 2635.17.11.0
CHAPTER 3 · THE BOTTOM LINE

Profit is treading water

PAT (profit after tax) — what is left for shareholders after every cost, interest and tax.

Mar 26 profit after tax was ₹6.9 Cr, down 7% year on year.net_profit

Quarterly profit after tax₹ Crquarterly_results
010.0YoY %−83−55+197+170+504Jun 23Jun 24Jun 25Mar 26
Data: Quarterly profit after tax
PeriodPAT (₹ Cr)YoY growth (%)
Jun 236.0–
Sep 236.0–
Dec 2311.0–
Mar 2416.0–
Jun 246.0-1.2
Sep 247.02.0
Dec 242.0-82.5
Mar 257.0-54.8
Jun 2517.0196.5
Sep 2518.0169.7
Dec 2511.0503.8
Mar 267.0-6.7
Where the profit change came from (Mar 25 → Mar 26)₹ Cr
7+12−15+1−1−2+47PAT Mar 25More salesThinnermarginsOther incomeDepreciationInterestTaxPAT Mar 26

The single biggest driver was margins giving way.

Data: Where the profit change came from (Mar 25 → Mar 26)
ComponentEffect (₹ Cr)
PAT Mar 257
More sales+12
Thinner margins−15
Other income+1
Depreciation−1
Interest−2
Tax+4
PAT Mar 267
CHAPTER 4 · THE ACID TEST

The profits are real — they turn into cash

Operating cash flow (CFO) — the cash that actually arrived, vs PAT, the profit accounting reports. Annual figures.

Over the last 5 profitable years, the business reported ₹187 Cr of profit and collected ₹1,142 Cr of operating cash — about 611% conversion.operating_cash_flownet_profit

When cash tracks profit this closely, the earnings need no asterisk.

Cash collected vs profit reported (annual)₹ Crcash_flow
0100200300Operating cash flowProfit after taxFY14FY19FY24FY26
Data: Cash collected vs profit reported (annual)
PeriodOperating cash flow (₹ Cr)Profit after tax (₹ Cr)
FY142913.0
FY15-21.0154
FY1635.030.0
FY1775.052.0
FY1886.058.0
FY1912851.0
FY2011717.0
FY2123.0-14.0
FY2221624.0
FY2316051.0
FY2424739.0
FY2519321.0
FY2632652.0
CHAPTER 5 · THE PIPELINE

The cash cycle is tightening — money comes home faster

Working capital — days of sales locked up in inventory and unpaid bills. Screener reports this yearly, so this chart is annual.

One rupee now takes about 7 days to go out the door as materials and come back as collected cash — down from 27 days the year before.cash_conversion_cycle

The biggest mover: inventory moving faster off the shelf (84 → 67 days).inventory_days

Days of cash locked up (annual)daysratios
50100150Customers owe (debtor days)Stock on shelf (inventory days)We owe suppliers (payable days)FY14FY19FY24FY26
Data: Days of cash locked up (annual)
PeriodCustomers owe (debtor days) (days)Stock on shelf (inventory days) (days)We owe suppliers (payable days) (days)
FY1441.065.0110
FY1540.050.065.0
FY1652.089.096.0
FY1758.078.091.0
FY1869.075.092.0
FY1971.079.095.0
FY2069.091.0125
FY2187.0120164
FY2271.0100153
FY2363.075.0104
FY2456.084.0110
FY2561.084.0118
FY2652.067.0111
CHAPTER 6 · THE BUILD

The asset base keeps compounding — this company builds

Capex — money spent on plants, machines and buildings. Gross block is what exists; CWIP (capital work-in-progress) is what is being built. Annual.

The productive asset base has gone from ₹672 Cr (FY14) to ₹1,217 Cr, with another ₹162 Cr of capacity under construction right now.fixed_assetscwip

The build is self-funded: the last 3 years' investing outflow (₹522 Cr) fits inside the operating cash the business generated (₹766 Cr).investing_cash_flowoperating_cash_flow

Assets in place vs under construction (annual)₹ Crbalance_sheet
05001,000Fixed assetsUnder construction (CWIP)FY14FY19FY24FY26
Data: Assets in place vs under construction (annual)
PeriodFixed assets (₹ Cr)Under construction (CWIP) (₹ Cr)
FY1467235.0
FY1539934.0
FY1638870.0
FY1742844.0
FY1845263.0
FY1960580.0
FY2069263.0
FY2173363.0
FY2282588.0
FY231,01979.0
FY241,07089.0
FY251,095124
FY261,217162
CHAPTER 7 · SURVIVAL

Carrying real debt

Debt-to-equity — borrowings against shareholders’ money. Computed from the balance sheet. Annual.

For every ₹100 shareholders have put in (and left in), the company has borrowed ₹93 — total borrowings have grown from ₹349 Cr to ₹728 Cr over the window.borrowings

Total borrowings (annual)₹ Crbalance_sheet
0250500750FY14FY19FY24FY26
Data: Total borrowings (annual)
PeriodBorrowings (₹ Cr)
FY14349
FY15186
FY16227
FY17236
FY18272
FY19379
FY20418
FY21554
FY22599
FY23754
FY24688
FY25697
FY26728
Debt vs shareholders’ money (annual)xbalance_sheet
00.51FY14FY19FY24FY26
Data: Debt vs shareholders’ money (annual)
PeriodDebt ÷ equity (x)
FY141.0
FY150.4
FY160.5
FY170.5
FY180.5
FY190.6
FY200.7
FY210.9
FY220.9
FY231.1
FY241.0
FY251.0
FY260.9
CHAPTER 8 · THE ENGINE ROOM

Every ₹100 kept in the business earns just ₹9

ROCE — profit earned per ₹100 of capital used. ROE — the same, per ₹100 of shareholders’ money alone. Annual.

Return on capital employed is 9.0% (a year ago: 8.0%). This is the single best test of business quality: what the company earns on the money it keeps.roce_pct

Returns on capital (annual)%ratios
5.010.0ROCEFY14FY19FY24FY26
Data: Returns on capital (annual)
PeriodROCE (%)
FY1410.0
FY156.0
FY1610.0
FY1711.0
FY1812.0
FY1912.0
FY206.0
FY212.0
FY227.0
FY2310.0
FY248.0
FY258.0
FY269.0
CHAPTER 9 · WHO OWNS IT

The owners aren’t moving

Shareholding — who owns the company: founders (promoters), foreign funds (FII), domestic funds (DII).

Promoters hold 50.3%, essentially unchanged. Foreign funds own 2.1%, domestic funds 0.1%.promoters_pctfiis_pctdiis_pct

Who holds the shares, quarterly%shareholding
Promoters50.3% → 50.3% · flat
49.550.050.551.0Jun 23Jun 24Jun 25Mar 26
Foreign funds2.0% → 2.1% · flat
1.01.52.02.53.0Jun 23Jun 24Jun 25Mar 26
Domestic funds0.0% → 0.1% · flat
0.00.00.10.1Jun 23Jun 24Jun 25Mar 26
Data: Who holds the shares, quarterly
PeriodPromoters (%)Foreign funds (%)Domestic funds (%)
Jun 2350.32.00.0
Sep 2350.31.10.0
Dec 2350.31.10.0
Mar 2450.31.80.0
Jun 2450.31.30.0
Sep 2450.31.50.0
Dec 2450.31.60.0
Mar 2550.31.60.0
Jun 2550.31.40.0
Sep 2550.33.00.0
Dec 2550.32.00.0
Mar 2650.32.10.1
WHAT IS NOT HAPPENING
  • Promoters are not selling. Their stake has moved 0.1 points or less in 8 quarters — it sits at 50.3%.promoters_pct
THE VERDICT

A turnaround that stuck — the question is what’s left to re-rate

The numbers are genuinely mixed, and the price already assumes the good news continues.

Best thing in the data: cash generation rising (₹193 Cr → ₹326 Cr).operating_cash_flow

Biggest worry: free cash flow falling (₹59.0 Cr → ₹40.0 Cr).operating_cash_flow

The machine committee — 7 independent readsON WATCH · 41%
Earnings patternNEUTRAL5% · w21
Valuation cycleNEGATIVE72% · w19
CatalystsPOSITIVE30% · w14
Quality & safetyNEUTRAL35% · w14
TechnicalsPOSITIVE45% · w12
ValuationNEGATIVE80% · w10
Growth at a priceNEUTRAL40% · w10
7-model research readON WATCH · 41% confidence
WHAT WOULD CHANGE THIS VIEWTwo quarters of sales reversing would kill this story.

Machine-written research from Screener data — every number traces to its source column. Sector Alpha is not a SEBI-registered investment adviser; nothing here is a recommendation to buy or sell. Not investment advice.

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Frequently asked questions

Straight answers from the data

What does Rico Auto Industries Ltd do?

Incorporated in 1983, Rico Auto Industries Ltd is in the business of manufacturing and sale of auto components for two and four wheeler vehicles. [1]. It is listed in the Auto Ancillaries - Spare Parts Accessories sector with a market capitalisation of ₹1,840 Cr.

What is Rico Auto Industries Ltd's share price?

As of 1 July 2026, Rico Auto Industries Ltd trades at ₹136, up 78% over the past year, with a market capitalisation of ₹1,840 Cr. Beating NIFTY 500 for 37 weeks. Prices are weekly closes from Screener data; this page refreshes with each weekly update.

What is Rico Auto Industries Ltd's share price target?

Sector Alpha does not publish broker-style price targets. Our discounted-cash-flow model estimates Rico Auto Industries Ltd's intrinsic value at ₹108 per share under base assumptions (bear ₹36.0, bull ₹108), against the current price of ₹136 — a 20% premium to model value. The current price already implies roughly 24% annual earnings growth. These are model estimates, not forecasts — treat them as one input alongside the valuation history below, not as a target.

Is Rico Auto Industries Ltd stock overvalued or undervalued?

Rico Auto Industries Ltd trades at a P/E of 32.5× — the 81st percentile of its own 10.3-year trading range (median 22.2×), which is near the top of its own historical range. The market has pre-paid for growth that hasn’t arrived yet. Since Mar 2016, the stock is up 267% while earnings per share grew 77%. The difference is re-rating — investors paying more for the same rupee of profit.

What did Rico Auto Industries Ltd report in its latest quarterly results?

In its most recent reported quarter (Q4 FY26, quarter ended March 2026): Mar 26 sales were ₹677 Cr, up 24% on the same quarter last year. Mar 26 profit after tax was ₹6.9 Cr, down 7% year on year. Figures are from Screener-scraped quarterly filings; the page updates when the next quarter is filed.

Is Rico Auto Industries Ltd growing?

Sales jumped 24% last quarter — the 4th straight quarter of growth. Mar 26 sales were ₹677 Cr, up 24% on the same quarter last year.

Are Rico Auto Industries Ltd's profits growing?

Profit is treading water. Mar 26 profit after tax was ₹6.9 Cr, down 7% year on year.

What are Rico Auto Industries Ltd's operating margins?

Margins are compressing — 9% → 7% in a year. In the most recent quarter, of every ₹100 of sales, the company keeps ₹7.1 as operating profit (a year ago it kept ₹9.3).

What is Rico Auto Industries Ltd's long-term growth record?

Revenue grew from ₹1,480 Cr in FY14 to ₹2,478 Cr in FY26 — a 4.4% compound annual growth rate over 12 years. Profit after tax compounded at 26.8% over the same period (₹3 Cr → ₹52 Cr).

Is Rico Auto Industries Ltd stock in an uptrend?

An uptrend that has held for 43 weeks. Rico Auto Industries Ltd is in Stage 2 — advancing, 43 weeks in (confirmed). Stages follow Stan Weinstein's four-phase read of weekly price against the 200-day average: basing (1), advancing (2), topping (3), declining (4).

Why is Rico Auto Industries Ltd stock rising?

The price is up 78% over the past year, in a confirmed Stage 2 uptrend (43 weeks), and has beaten NIFTY 500 for 37 weeks. Since 2016, the price is up 267% while earnings per share moved 77%.

Is Rico Auto Industries Ltd beating the NIFTY 500?

Yes — beating NIFTY 500 for 37 weeks, as of 1 July 2026. Relative strength is measured weekly against the NIFTY 500 (Mansfield RS): a positive reading means the stock has outperformed the index over the trailing window, week after week.

Where is Rico Auto Industries Ltd in its business cycle?

The data reads Rico Auto Industries Ltd as a deep cyclical business currently in its early recovery phase — earnings at 39% of their own historical range, valuation at the 81st percentile. Profits swing violently in this business — real losses in FY21. That is what “deep cyclical” means: the same company looks brilliant at the top of its cycle and broken at the bottom.

Who owns Rico Auto Industries Ltd — what is the promoter holding?

Promoters hold 50.3%, essentially unchanged. Foreign funds own 2.1%, domestic funds 0.1%. Shareholding is from Screener's quarterly filings data.

Does Rico Auto Industries Ltd have too much debt?

Carrying real debt. For every ₹100 shareholders have put in (and left in), the company has borrowed ₹93 — total borrowings have grown from ₹349 Cr to ₹728 Cr over the window.

What is the bull case for Rico Auto Industries Ltd?

From losses in FY21 to record profits — the comeback is real, the price knows it. Best thing in the data: cash generation rising (₹193 Cr → ₹326 Cr). Sales jumped 24% last quarter — the 4th straight quarter of growth.

What is the bear case for Rico Auto Industries Ltd — what could break the story?

Biggest worry: free cash flow falling (₹59.0 Cr → ₹40.0 Cr). Two quarters of sales reversing would kill this story. The nearest-term thing to watch: if quarterly growth slips below 12%, the story weakens. This falsification condition is stated up front so the thesis can be checked against incoming quarters, not defended after the fact.

Is Rico Auto Industries Ltd a stock worth studying right now?

Sector Alpha does not publish buy or sell recommendations — this is a research read, not advice. What the data says: a turnaround that stuck — the question is what’s left to re-rate. The numbers are genuinely mixed, and the price already assumes the good news continues. Across the 7-model scorecard the composite research signal is on watch at 41% confidence. This is machine-written research compiled from Screener data — every number traces to its source — and it is not investment advice. Do your own diligence.

Generated from Screener data · 11 sources · why_traces/1.0 + story/1.2
details
generated 2026-07-03 11:21 · 4 material moves detected
sources: screener_company_info, screener_quarterly_results, screener_annual_results, screener_valuation_history, screener_shareholding, screener_cash_flow, screener_ratios, screener_balance_sheet, screener_margin_trends, weinstein_stages, agent_scores