Rico Auto Industries Ltd — earnings calls

Rico Auto reported consolidated revenue of Rs 755 crores for Q1 FY27, up around 39% from Rs 543 crores in Q1 FY26, marking the company's highest ever quarterly revenue. EBITDA margin came in at 4.6% and the company posted a net loss of Rs 3.4 crores, which management attributed to elevated air freight costs, sorting costs, and a lag in passing through higher aluminum prices to customers. Management said it expects air freight costs to peak in Q2, with costs normalizing from Q3 onwards as customer price settlements and operating efficiencies progress.

Rico Auto Industries reported its highest ever annual revenue for FY26 at INR2,477 crores, up 12% year-on-year, with consolidated EBITDA margins of 9% impacted by non-recurring Labour Code and raw material lag settlement costs. Management said adjusted EBITDA margin, excluding these one-time impacts, was 10.25% for the year, and guided to revenue crossing INR3,000 crores in FY27. The company also discussed progress in railway and defense businesses, capacity utilization, the Hosur facility, and ongoing negotiations with customers on raw material settlement cycles.