Rico Auto FY26 net profit rises to ₹50.51 crore, dividend declared

1 min read     Updated on 30 May 2026, 12:22 PM
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AI Summary

Rico Auto Industries Limited reported a significant rise in consolidated net profit to ₹50.51 crore for FY26 from ₹18.90 crore in FY25. Revenue from operations increased to ₹2,477.73 crore, while profit before tax grew to ₹69.48 crore. The Board recommended a dividend of ₹0.55 per equity share.

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Rico Auto Industries Limited reported its audited consolidated financial results for the financial year ended March 31, 2026, recording a significant increase in annual net profit. The company's net profit for the year stood at ₹50.51 crore, compared to ₹18.90 crore in the previous year. The Board of Directors has recommended a dividend of ₹0.55 per equity share, subject to shareholder approval.

Annual Financial Performance

The company's revenue from operations for the year rose to ₹2,477.73 crore from ₹2,212.40 crore in the prior year. Total income for the period was ₹2,487.71 crore. Profit before tax for the year increased to ₹69.48 crore, up from ₹42.59 crore in FY25. The statutory auditors provided an unmodified opinion on the financial results.

The following table summarises the consolidated financial performance for the year:

Metric FY26 (Audited) FY25 (Audited) Change
Revenue from operations ₹2,477.73 crore ₹2,212.40 crore Increase
Total income ₹2,487.71 crore ₹2,225.21 crore Increase
Profit before tax ₹69.48 crore ₹42.59 crore Increase
Net profit ₹50.51 crore ₹18.90 crore Increase
Earnings per share ₹3.73 ₹1.42 Increase

Quarterly and Segment Results

For the quarter ended March 31, 2026, the company reported a net profit of ₹5.99 crore, compared to ₹7.32 crore in the corresponding quarter of the previous year. Revenue for the quarter stood at ₹677.49 crore against ₹545.26 crore in Q4FY25. The company operates in a single reportable business segment, Automotive Components, which generated the entire revenue of ₹2,477.73 crore for the year.

Exceptional Items and Dividend

The financial results included exceptional items amounting to ₹8.32 crore for the year, primarily comprising a one-time impact of the New Labour Codes amounting to ₹7.38 crore and expenditure related to a Voluntary Retirement Scheme of ₹0.94 crore. The Board recommended a dividend of 55%, or ₹0.55 per equity share of Re.1 each, for the financial year 2025-26.

The announcement was made pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE209B01025/74ff87d8-8a1a-4e3f-8029-6ea47a5bcf75.pdf

Historical Stock Returns for Rico Auto Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-3.86%+3.68%+2.27%+11.79%+69.48%+156.59%

How will the implementation of the New Labour Codes impact Rico Auto's operational costs going forward?

What are the company's capital allocation plans following the significant surge in net profit?

Will the dividend payout ratio be sustainable if profit growth normalizes in the next fiscal year?

Rico Auto Industries confirms no encumbrance of promoter shares in FY26

0 min read     Updated on 28 May 2026, 05:49 AM
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Rico Auto Industries disclosed that its promoters held 68,096,246 equity shares as on March 31, 2026, with no encumbrance reported during FY26. The filing was made under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

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Rico Auto Industries has confirmed that its promoters and promoter group, including persons acting in concert, did not encumber any shares during the financial year ended March 31, 2026. The disclosure, submitted to the stock exchanges, ensures that the shareholding structure remains free from liens or charges, which is crucial for maintaining shareholder confidence and regulatory compliance.

As per the filing made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, the promoters held a total of 68,096,246 equity shares as on March 31, 2026. The declaration explicitly states that no shares were encumbered, directly or indirectly, throughout FY26.

Shareholding Details

The following table outlines the promoter shareholding as disclosed in the regulatory filing:

Shareholder Category Number of Equity Shares Encumbrance Status
Promoter and Promoter Group (including PACs) 68,096,246 No Encumbrance

The disclosure was signed by Arvind Kapur, Promoter of Rico Auto Industries, on April 06, 2026. Copies of the communication were forwarded to the members of the Audit Committee and the Company Secretary of the company for their records.

Historical Stock Returns for Rico Auto Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-3.86%+3.68%+2.27%+11.79%+69.48%+156.59%

Will the unencumbered status of promoter shares enable Rico Auto to raise capital through pledging in the future?

How might this clean shareholding structure influence investor confidence ahead of the upcoming AGM?

Could the lack of encumbrance signal a potential strategic acquisition or expansion by the promoters?

More News on Rico Auto Industries

1 Year Returns:+69.48%