Q1 FY27 call: revenue up 39%, margins under pressure, FY27 guidance raised
RICOAUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Revenue grew 39% YoY to INR755 crores in Q1 FY27, highest ever quarterly. EBITDA at INR34.8 crores (4.6% margin). PAT was a loss of INR3.4 crores versus profit of INR16.7 crores YoY. Margins hit by INR13 crores air freight costs and INR10 crores aluminum price settlement lag. FY27 revenue guidance raised to INR3,200-3,250 crores from around INR3,000 crores. Management targets 12% EBITDA margin, with improvement expected from Q3 as air freight ends and customer price settlements flow through. 55 new programs (28 launched) with Toyota, BMW, Ford. Hosur plant starts in September. New CNC machine sales business to add revenue.
Raised revenue guidance and 12% margin target signal strong recovery from Q3. Near-term margin pain persists but management is confident on cost recovery.