What we do Rico Auto Industries Ltd manufactures precise auto components including wheel hubs, clutches, brake systems, gears, and pumps for two-wheelers and four-wheelers globally. |
Founded in 1,983 |
Market share Strong global presence with strategic supply to leading OEMs like Maruti Suzuki, BMW, Toyota, and Hero in both domestic and export markets. |
Problem solved Provides high-quality components solving vehicle performance, reliability, and manufacturing efficiency challenges for automotive and emerging sectors. |
Top clients or who we serve B2B: Major OEMs including Maruti Suzuki, BMW, Toyota, Tata Motors, Hero, and AISIN; also segments railways and CNC machines. |
Key management - |
Our journey and innovations Founded in 1983, expanded globally with JV partnerships, acquired subsidiaries, implemented advanced tech like AI and automation, and entered hybrid and EV segments. |
Where we operate India, UK, USA, Europe, and other countries with manufacturing plants and warehousing facilities in multiple locations. |
Top products or what we offer Automobile components like machined aluminum and ferrous parts, friction materials, alloy wheels, oil and water pumps, gears, brake systems. |
Top brands - |
Raw materials needed Aluminum alloys, ferrous metals, high manganese steel, alloy steel, castings for automotive components. |
Raw materials supplier - |
Recurring vs cyclical contribution Primarily recurring revenue from long-term contracts with OEMs, with cyclical elements due to automotive industry demand fluctuations. |
Our industry position Established supplier with export focus; recognized for quality and innovation in auto component manufacturing with increasing hybrid and EV orders. |
Financial highlights Consolidated revenue Rs. 2225 crore FY 2024-25; net profit Rs. 21.4 crore; EBITDA margin ~9%; steady growth driven by new vehicle segment orders. |
Geographical revenue split India ~1861 Cr, UK ~187 Cr, USA ~149 Cr, Others ~15 Cr in FY 2024-25 revenues. |
Order book - |
Whats driving growth Growth driven by hybrid and EV components demand, new orders from OEMs like Maruti, Toyota, Tata, and export expansion. |
Our future plans Expanding hybrid and EV manufacturing capacity, launching new plants (Hosur), and diversifying into railways and CNC machine components. |
Our green promise Increasing renewable energy use via solar and wind, reducing carbon footprint and GHG emissions, with sustainability projects underway. |
Our people and values Experienced leadership team, cordial industrial relations, zero tolerance for sexual harassment, and continuous employee engagement. |
Key challenges ahead Global automotive slowdown impacts exports, technological shifts, and supply chain disruptions amid geopolitical uncertainties. |
Interesting facts Pioneered automated die casting lines; JV with Japan’s largest clutch maker; merged multiple subsidiaries to streamline operations. |
Risks and strategy Mitigates market cyclicality through diverse segments and geographies; focuses on innovation, strong OEM partnerships, and sustainability. |
