Rico Auto Industries Limited is primarily engaged in manufacturing high-precision auto components, including aluminum and ferrous parts, for two-wheelers and four-wheelers.

The company is implementing significant capacity expansion projects, including a new greenfield plant in Hosur, to cater to the increasing demand from major OEM clients like Toyota and Maruti.

Rico Auto is actively involved in strategic partnerships and new product line introductions, focusing on hybrid and electric vehicle components for leading automotive players.

Its pragmatic approach to capitalizing on existing resources and strategic partnerships reflects a robust growth pathway, with significant projected increases in both revenue and profit margins.

Management aims to improve financial disciplines by enhancing borrowings for growth-oriented capex while reducing working capital wherever feasible.