RICO AUTO INDUSTRIES LIMITED
FACTSHEETJuly 2017
OVERVIEW
VISION
Rico is a world-class engineering Company supplying a wide range of high precision fully machined Aluminium and Ferrous components and assemblies to automotive OEMs across the globe. It has strong in-house R&D Capabilities. Rico’s integrated services include design, development, tooling, casting, machining and assembly across commodities.
To be the preferred supplier to OEMs across the Globe.
KEY FACTS
Incorporated in 1985
Global Supplier of Automotive Components
Strong in-house R&D Capabilities
Presence in 4 Continents
14 Manufacturing Plants
Over 4500 Employees
TurnoverINR 1092Cr
All AutomotiveCertifications
STRATEGIES
REVENUE SPLIT
Engine
Transmission
Chassis Suspension &Braking System
35%19%
46%
Q4FY17 FINANCIAL HIGHLIGHTS
World Class Quality
Preferred Supplier
Globalization
Integrated Service - Concept to Delivery
People
ShareholderValue
ISO TS 16949, ISO 14001, OHSAS 18001
Customer Focused Enterprise, Efficient Account and Program Management
Global Teams, Global Presence & Scale
Design, Development & Engineering Services, R&D, Testing & Validation,
(Tooling & Prototyping, Casting Aluminium )& Ferrous , Machining & Assembly,
Packaging & Logistics
Regular Training, Skill Building & Empowerment and Leadership
Focus on return on Capital Employed Consistent Dividend Distribution
SHAREHOLDING PATTERN
STOCK INFORMATION
50.10%43.26%
6.64%
Promoters
Others
Institutions
Market Cap 871.24 Cr.
Shares Outstanding 135.29 Mn
Free Float 48.88%
Stock Price INR 64.25
STOCK CHART
Joint Ventures :
Magna Rico Powertrain Pvt. Ltd. - Oil & Water Pump Systems
Rico Jinfei Wheels Ltd. - Alloy Wheels
CORE VALUES
ET
IC
EX
ENTREPRENEURSHIPThe power of pursuing new challenges with speed, flexibility and ownership
TEAMWORK The power of working together
INTEGRITY The power of honesty and transparency
COMMITMENTThe power of responsibility, accountabilityand ownership
EXCELLENCE The power of being the best
Net Revenue
Expenses
EBITDA
EBIT
PBT
PAT
Particular Q4FY17
265.8
22.9
11.7
9.9
6.5
Q4FY16
244.1
23.8
12.5
9.7
7.2
276.4 255.2
52 Week High/ Low INR 75.25/ 40.35
20
10
40
50
60
70
64.25
2014Mar Dec MarMar Jun Sep Jun Sep Dec Jun Sep Dec
30
Jun2015 2016 2017
45.95
23.30
53.85
60.45
67.0072.40
th[ as on 10 July, 2017 ]
65.10
th[ as on 30 June, 2017 ]
CASTING ENGINEERING § RICO has over 60 licenses across various software's NX, PRO E, CATIA V5, C3P, IDEAS, Auto-cad, VERICUT, MAGMA Soft, Hyper-mesh, Ansys, MSC Adam, MSC Fatigue etc
§ Inhouse designing, prototyping & product optimization.
DIES AND MOULDS § Manufactures over 250 Dies & Patterns and 800 Die Inserts annually § HPDC§ Permanent Mould Casting§ Ferrous Moulding
MACHINING AND ASSEMBLY
§ Over 2,000 Machines (CNCs & SPMs)§ One of the Largest Machining Facility in India§ Over 50% of our Product Range is with Assemblies
FERROUS CASTING § 4 Moulding Lines 2 Vertical (DISA), 2 Horizontal (SINTO& DISA)
§ Material: Gray (FC), Ductile (FCD), SiMo, SiMo Chrome
§ Exhaust Manifolds§ Main Bearing Caps§ Turbine & Center Housings§ Balance Shafts§ Differential Cases§ Retainer Bearing Assembly§ Brake Discs & Drums§ Anchor & Caliper Housings
§ Gurugram§ Bhiwadi§ Manesar§ Pathredi (Under Commissioning)
RICO AUTO INDUSTRIES LIMITED
FACTSHEET
KEY PRODUCTS
Name Capabilities Key products Plant Locations
ALUMINIUM CASTING § Over 100 High Pressure Die Casting Machines (upto 2500 Tns Locking Force)
§ Largest High Pressure Die Casting Capacity in India including GDC & LPDC
§ Cylinder Block§ Oil Pans & Timing Chain Covers§ Cylinder Head Covers & Side
Covers§ Oil & Water Pump Housing &
Assemblies§ Clutch Assemblies§ Bed Plate & Cam Housing § Crank Cases§ Transmission Housings§ Fuel System Components§ Differential Housings & Covers
§ Gurugram§ Bawal§ Dharuhera§ Haridwar§ Chennai§ Sanand§ Manesar
§ Gurugram
DEFENCE § Company also focuses on non-automotive components business, especially for manufacturing and supplying of technical and engineering equipment required for Defence Services, Aerospace and Homeland Security
CLIENTELE
Two WheelersFour Wheelers System Suppliers
July 2017
RICO AUTO INDUSTRIES LIMITED
FACTSHEET
CONCEPT TO COMPLETION
Manufacturing- Dies & Tooling
Logistic Management
Engineering CAD CAM CAE
Casting - Aluminium & Ferrous
Machining & Assembly
ORGANISATIONAL STRUCTURE
RICO AUTO INDUSTRIES LIMITED
Rico Auto Industries (UK) Limited, UKWarehousing and logistics support for auto components
Rico Auto Industries Inc., USAWarehousing and logistics support for auto components
AAN Engineering Industries LimitedManufacturing & supplying of technical and engineering equipment
Rico Investments LimitedCore Investment Company
Rico Aluminium and Ferrous Auto Components Limited
Sale of automobile parts
Rasa Autocom Limited
Supplier & manufacturer of Aluminium die casting of auto parts
Rico Jinfei Wheels Limited
Manufacturing of Aluminium Alloy Wheels for Two Wheelers
Joint Venture
Magna Rico Powertrain Private Limited Manufacturing of Oil & Water Pump for Automotive Engines
KEY MANAGEMENT
Arvind Kapur
Chairman, CEO & Managing Director
Management Team
Surendra SinghPresident & COO
R. K. MiglaniVice President (Operations & Engineering)
M. K. JainVice President(Corporate Quality)
R. DharnaVice President(Operations)
Sandeep RajpalVice President(Marketing)
Abhishek KulshresthaVice President(Procurement , Vendor Devp. & After Market)
Advisor
O. P. AggarwalChief Advisor (Finance & Accounts)
N. K. SethiChief Advisor (Business Planning)
Company Secretary
B. M. JhambCompany Secretary
PLANTS & WAREHOUSES
Gurugram(Corporate, R&D, Tool Manufacturing, Ferrous Casting, Al. HPDC, Machining)
INDIA
Bawal(Al. HPDC, Machining)
Dharuhera(Al. HPDC, Machining)
Bhiwadi(Machining)
Manesar(Al. GDC, Machining)
Haridwar(Al. HPDC, Machining)
Sanand(Al. HPDC, Machining)
Chennai(Al. HPDC, Machining)
R&D - Design Development, Validation &Testing
Mr. Rakesh SharmaVice President (Finance & Accounts)
USA
EUROPE
London, UK
Landau (Near Munich),
Detroit, Michigan
Piedmont, South Carolina
Warehousing and logistics support
Germany
July 2017
RICO AUTO INDUSTRIES LIMITED
FACTSHEET
FINANCIALS HIGHLIGHTS (Consolidated)
Particulars 2016-17
Total Income
Total Expenses
EBITDA
EBITDA Margin
Depreciation
EBIT
EBIT Margin
Finance Cost
PBT
PBT Margin
Tax expenses
PAT
PAT Margin
Minority Interest
PAT (after minority)
PAT Margin (after minority)
Dividend
Dividend Payout Ratio
Cost of Goods Sold
Key Items from B/S
Reserves and Surplus
Shareholder's Fund or Networth
Long Term Borrowings
Total Loan Funds
Capital Employed
Non-Current Liabilities
Current Liabilities
Trade Payable
Non-Current Assets
Current Assets
Inventories
Trade Receivables
Ratios
Debt to Equity
Inventory Turnover Ratio
EPS
Return on Net Worth
1,092.2
126.6
11.6%
47.7
78.9
16.9
5.7%
13.4
48.6
4.4%
48.2
4.4%
12.2
25.3%
547.0
505.1
518.6
67.8
236.5
768.1
103.1
231.8
138.9
589.4
112.1
173.9
-
4.9
3.6
9.8%
1,021.2
108.2
10.6%
46.7
61.5
20.3
4.0%
11.5
29.7
2.9%
29.4
2.9%
9.8
33.2%
493.0
457.1
470.6
91.7
227.1
709.6
119.9
222.2
129.7
547.3
120.3
142.9
-
4.1
2.2
6.4%
RICO AUTO INDUSTRIES LIMITED
Disclaimer:The information contained herein is as of the date referenced and the Company does not undertake any obligation to update these statements.The Company has obtained all market data and other information from sources believed to be reliable or its internal estimates, although its accuracy or completeness cannot be guaranteed.
RICO AUTO INDUSTRIES LIMITED38 KM Stone, Delhi - Jaipur Highway, Gurugram - 122001, Haryana, INDIA
Phone: +91 124 2824000E-mail: [email protected]: www.ricoauto.com
Revenue
Profitability
Capital Employed & ROCE
Net Worth & RONW
Debt to Equity
FY16 FY17
1,0211,092
EBITDA EBIT PBT PAT
Capital Employed (in ₹ Cr.) ROCE (in %)
FY16 FY17
471519
FY16 FY17
Net woth (in ₹ Cr.) RONW (in %)
0.2
0.1
2015-16
FY16 FY17
127
79
62
49
108
62
41
30964.2 908.4
6.0%7.2%
62.0 41.2
0.4 0.3
Return on Capital Employed
383.0 355.0
0.1 0.2
10.7% 9.0%
Share Capital 13.5 13.5
FY16 FY17
710 768
9.0%
10.7%
6.4%
9.8%
(in ₹ Cr.)
(in ₹ Cr.)
Growth = 7%
(in x)
July 2017
S-Ancial Global Solutions Pvt. Ltd.215, Shivshakti Industrial Estate, J. R. Boricha Marg, Lower Parel (E), Mumbai - 400011, INDIA
Phone: +91 22 6536 1001E-mail: [email protected]: www.s-ancial.com