Rico Auto Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2026, recommended Final Dividend of Rs. 0.55 per equity share.
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Rico Auto Industries reported strong FY2026 results with consolidated revenue growing 12% to Rs. 2,477.73 crore from Rs. 2,212.40 crore. Net profit (attributable to owners) surged 167% to Rs. 50.51 crore from Rs. 18.90 crore, while standalone net profit rose 19% to Rs. 27.32 crore. EBITDA margin expanded on the back of better operational efficiency despite one-time charges. The Board recommended a dividend of Rs. 0.55 per equity share (55%) subject to shareholder approval. Exceptional items of Rs. 8.32 crore (consolidated) included VRS expenditure and a Rs. 7.38 crore provision due to new Labour Codes. The statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated financial statements. Cash flow from operations stood at Rs. 325.65 crore for the year.
The 167% surge in consolidated net profit and 55% dividend payout signal strong financial health and shareholder returns. The clean audit opinion removes concerns about financial reporting quality.