Attached herewith the Outcome of Board Meeting held on 29th May, 2026
RICOAUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rico Auto Industries reported standalone revenue of Rs 1,836.44 crore for FY26, up 14.3% from Rs 1,607.02 crore in FY25. Standalone PAT grew to Rs 27.32 crore from Rs 22.91 crore. On consolidated basis, revenue increased to Rs 2,477.73 crore (up 12%) with PAT of Rs 52.42 crore, nearly tripling from Rs 19.19 crore, partly due to lower exceptional items in current year. The company received an unmodified (clean) audit opinion from BS R & Co. LLP. The Board recommended dividend of Rs 0.55 per equity share (55%) subject to shareholder approval. Exceptional items of Rs 8.32 crore (group) included Rs 7.38 crore for new Labour Codes implementation and Rs 0.94 crore for VRS. Operating cash flow improved significantly to Rs 325.65 crore from Rs 183.09 crore. The company also classified land at Haridwar as held for sale.
Strong revenue growth and near-tripling of consolidated PAT are positives, with clean audit and improved cash flows supporting investor confidence. Dividend recommendation provides income. However, PAT growth partly reflects lower exceptional items rather than operational strength alone.