Attached herewith the Annual Report for the financial year 2024-25
RICOAUTO · price
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Rico Auto Industries submitted its Annual Report for FY 2024-25 along with the notice for its 42nd AGM scheduled for September 16, 2025. Consolidated revenue rose marginally by about 2.3% to ₹2,225.2 crore from ₹2,174.5 crore, but profit after tax fell sharply to ₹21.4 crore from ₹38.9 crore a year ago. The EBITDA margin compressed to 9.0% from 10.9%, and EPS dropped to ₹1.6 from ₹2.9. The board has recommended a 50% dividend (₹0.50 per share). Management highlighted new confirmed orders worth ₹720 crore in peak annual sales from Maruti, Tata, Toyota, Musashi, Knorr Bremse, AISIN and GKN, and a new plant coming up at Hosur for hybrid and EV components.
Marginal revenue growth with significantly weaker profits signals pressure on margins, which is negative for near-term earnings sentiment. However, strong order book visibility and the focus on hybrid/EV components provide a medium-term growth cushion for shareholders.