Integrated Filing — IndAS



General information about company
Scrip Code 520008
NSE Symbol RICOAUTO
MSEI Symbol NOTLISTED
ISIN INE209B01025
Name of company RICO AUTO INDUSTRIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 27-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Half Yearly
Reporting Quarter Yearly
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Manufacturing of Auto Components
Start date and time of board meeting 27-May-2025   12:15:00
End date and time of board meeting 27-May-2025   15:15:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Oct-2024 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 5452600000 22124000000
Other income 36500000 128100000
Total income 5489100000 22252100000
2 Expenses
(a) Cost of materials consumed 3157400000 13474300000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 67900000 -117500000
(d) Employee benefit expense 809000000 3130600000
(e) Finance costs 147000000 559900000
(f) Depreciation, depletion and amortisation expense 239700000 1015600000
(f) Other Expenses
1 Other manufacturing expenses 567400000 2480500000
2 Other expenses 346200000 1271400000
Total other expenses 913600000 3751900000
Total expenses 5334600000 21814800000
3 Total profit before exceptional items and tax 154500000 437300000
4 Exceptional items -5300000 -11400000
5 Total profit before tax 149200000 425900000
6 Tax expense
7 Current tax 21300000 84100000
8 Deferred tax 54300000 136700000
9 Total tax expenses 75600000 220800000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 9000000
11 Net Profit Loss for the period from continuing operations 73600000 214100000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 73600000 214100000
17 Other comprehensive income net of taxes 100000 -34100000
18 Total Comprehensive Income for the period 73700000 180000000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 74300000 214000000
Total profit or loss, attributable to non-controlling interests -700000 100000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 74400000 180000000
Total comprehensive income for the period attributable to owners of parent non-controlling interests -700000 0
21 Details of equity share capital
Paid-up equity share capital 135300000 135300000
Face value of equity share capital 13.53 13.53
27 Details of debt securities
22 Reserves excluding revaluation reserve 7163900000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.54 1.58
Diluted earnings (loss) per share from continuing operations 0.54 1.58
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.54 1.58
Diluted earnings (loss) per share from continuing and discontinued operations 0.54 1.58
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 10772900000
Capital work-in-progress 1087000000
Investment property 131000000
Goodwill 0
Other intangible assets 43900000
Intangible assets under development 155800000
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 43400000
Trade receivables, non-current
Loans, non-current 0
Other non-current financial assets 189900000
Total non-current financial assets 233300000
Deferred tax assets (net) 84600000
Other non-current assets 46000000
Total non-current assets 12554500000
2 Current assets
Inventories 3080500000
Current financial asset
Current investments 0
Trade receivables, current 3703200000
Cash and cash equivalents 104600000
Bank balance other than cash and cash equivalents 94400000
Loans, current 14400000
Other current financial assets 39300000
Total current financial assets 3955900000
Current tax assets (net) 155300000
Other current assets 270500000
Total current assets 7462200000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 20016700000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 135300000
Other equity 7163900000
Total equity attributable to owners of parent 7299200000
Non controlling interest 29500000
Total equity 7328700000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 3323200000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities
Total non-current financial liabilities 3323200000
Provisions, non-current 215900000
Deferred tax liabilities (net) 436000000
Deferred government grants, Non-current
Other non-current liabilities 168200000
Total non-current liabilities 4143300000
Current liabilities
Current financial liabilities
Borrowings, current 3406700000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 333300000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 3987800000
Total Trade payable 4321100000
Other current financial liabilities 388900000
Total current financial liabilities 8116700000
Other current liabilities 375600000
Provisions, current 14700000
Current tax liabilities (Net) 37700000
Deferred government grants, Current
Total current liabilities 8544700000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 12688000000
Total equity and liabilites 20016700000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Oct-2024 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Oct-2024 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss -17600000 -36500000
Total Amount of items that will not be reclassified to profit and loss -17600000 -36500000
2 Income tax relating to items that will not be reclassified to profit or loss -4100000 -9000000
3 Amount of items that will be reclassified to profit and loss
1 Items that will be reclassified to profit or loss 21900000 -8900000
Total Amount of items that will be reclassified to profit and loss 21900000 -8900000
4 Income tax relating to items that will be reclassified to profit or loss 8300000 -2300000
5 Total Other comprehensive income 100000 -34100000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 425900000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 559900000
Adjustments for decrease (increase) in inventories -220000000
Adjustments for decrease (increase) in trade receivables, current -394000000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -125500000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 547000000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 111300000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 1015600000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains -35400000
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 57000000
Other adjustments for non-cash items -25500000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 1490400000
Net cash flows from (used in) operations 1916300000
Dividends received 0
Interest paid 0
Interest received -29600000
Income taxes paid (refund) 55800000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 1830900000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 1585100000
Proceeds from sales of investment property 265500000
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 29600000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 36800000
Net cash flows from (used in) investing activities -1253200000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 1469700000
Repayments of borrowings 1305300000
Payments of lease liabilities 116100000
Dividends paid 81200000
Interest paid 534500000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -567400000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 10300000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 10500000
Net increase (decrease) in cash and cash equivalents 20800000
Cash and cash equivalents cash flow statement at beginning of period 83800000
Cash and cash equivalents cash flow statement at end of period 104600000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 BSR & CO. LLP Yes 31-Jul-2025