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Earnings Call Transcript

Rico Auto Industries Earnings Call Transcript: Key Takeaways

Q2 FY27 revenue Rs 852.4 Cr (+36% YoY), but EBITDA margin fell to 0.7% and PAT was -Rs 26.3 Cr on air-freight and input-cost overruns.

Rico Auto Industries Q2 FY27 concall: date, live audio and summaryConcall page →
Highlights
Revenue growthQ2 +35.9% YoY; H1 +37.3% YoY
MarginsQ2 EBITDA margin 0.7% vs 9.7%; H1 2.5% vs 9.8%
Order bookNew orders Rs 2,500 Cr over 5-year program life
Demand visibilityRural demand strong; festive conversion key swing factor
Management confidenceExpects progressive profitability improvement from Q3

Growth

Q2 revenue +36% YoY to Rs 852.4 Cr; H1 +37% to Rs 1,607.4 Cr. Q2 EBITDA Rs 5.9 Cr vs Rs 61.0 Cr.

Outlook

Mission: 3X growth by 2030; air freight to cease mid-Q3; Hosur greenfield capex ongoing.

Risks

Rs 46 Cr Q2 cost overrun incl. ~Rs 30 Cr temporary air freight; inflation in manpower, power, fuel; finance costs up.

Last quarter's promises, checked

Delivered

  • Q2 rev >Rs 840 Cr → Rs 852.4 Cr (= BEAT)

Partly delivered

  • Air freight ends from Q3 → now 'mid-Q3' (= PARTIAL)
  • FY27 rev Rs 3,250 Cr → H1 Rs 1,607.4 Cr (= PARTIAL)

Missed

  • Q2 EBITDA margin 'in between' ~4.6-10% → 0.7% (= MISS)
  • Q2 PAT 'better' than Q1 -Rs 3.4 Cr → -Rs 26.3 Cr (= MISS)
  • Hosur commercial prod Sep-26 → still 'upcoming' (= MISS)
Source

Earnings Call Transcript filed with NSE, NSE: RICOAUTO. Summary written with AI assistance from the document.

Read the document ↗

Rico Auto Industries Ltd: key numbers

Share price
₹97.76
Market cap
₹1,323 Cr
Revenue (annual)
₹2,478 Cr
Net profit (annual)
₹50.51 Cr
P/E (TTM)
-98.4×Sector 32.4×
Promoter holding
50.33%+0.00% QoQ
FII holding
3.18%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Rico Auto Industries Ltd

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12:37 IST BSE
Earnings Call

Rico Auto Industries Investor Presentation: Key Takeaways

Q1FY27 revenue grew 39% YoY to ₹755 Cr, but profitability was hit by high air freight and raw material lag. Management remains confident in hitting ₹3,250 Cr revenue for FY27 with margin recovery.

Call
Guides 30% growth