Rico Friction Technologies Limited
About Rico Friction Technologies Limited
Data last updated:
Rico Friction Technologies Limited is a public limited company based in Gurugram, Haryana, India, a subsidiary of Rico Auto Industries Limited. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 28 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U29100HR2018PLC073338. Its GSTIN is 06AALCM7358K1ZV (Haryana).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.09 Cr. It was formerly known as Rico Friction Technologies Private Limited and Metalart Friction Private Limited. It is led by directors including Abhishek Kulshrestha and Amit Mangla.
Its last annual general meeting (AGM) was held on 21 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 38 Km Stone Delhi – Jaipur Highway Gurugram – 122001 Haryana, Haryana, India – 122001.
As per the financials filed for FY 2026, the company reported a revenue of ₹7.25 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.59 Cr (net margin 21.9%) and EBITDA of ₹2.2 Cr (EBITDA margin 30.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 12% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
Company details
Name history
Rico Friction Technologies has undergone 2 name changes throughout its history. The company was previously known as Rico Friction Technologies Private Limited, and Metalart Friction Private Limited. The current legal name is Rico Friction Technologies Limited.
| Company Name | Status |
|---|---|
| Rico Friction Technologies Limited | Current |
| Rico Friction Technologies Private Limited | Previous |
| Metalart Friction Private Limited | Previous |
CIN history
Rico Friction Technologies has one previous CIN (Corporate Identification Number): U29100HR2018PTC073338. The current CIN is U29100HR2018PLC073338, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29100HR2018PLC073338 | Current |
| U29100HR2018PTC073338 | Previous |
Contact details
Rico Friction Technologies Limited's registered office is in Gurugram, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address38 Km Stone Delhi – Jaipur Highway Gurugram – 122001 Haryana, Haryana, India – 122001
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Rico Friction Technologies Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Rico Friction Technologies is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Rico Friction Technologies Limited, buy the company report.
Financials of Rico Friction Technologies Limited
FY 2025 filings availableRico Friction Technologies Limited reported revenue of ₹7.25 Cr (up 5% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 5% growth in the latest year. EBITDA fell 11% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹2.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.59 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.3% | ||||
| Net Profit Margin | 21.9% | ||||
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To see the full financial statements and ratios of Rico Friction Technologies Limited, buy the company report.
Board of directors of Rico Friction Technologies Limited
Rico Friction Technologies has 7 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Kulshrestha | Director | 26 Feb 2021 | 5 Years 8 Months | Current |
| Amit Mangla | Director | 28 Mar 2018 | 8 Years 7 Months | Current |
| Om Prakash Aggarwal | Director | 26 Feb 2021 | 5 Years 8 Months | Current |
| Arvind Kumar Mangla Also directs: Altruistic Metal Private Limited | Director | 18 Jun 2021 | 5 Years 4 Months | Current |
| Kaushalendra Verma Also directs: Rico Jinfei Wheels Limited, Rico Care Foundation, Rico Auto Industries Limited and 1 more | Director | 26 Feb 2021 | 5 Years 8 Months | Current |
| Manoj Jain Kumar | Director | 26 Feb 2021 | 5 Years 8 Months | Current |
Auditor
Rico Friction Technologies Limited is audited by Budhraja Adlakha & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Budhraja Adlakha & Co | FY 2023 | 005154N |
Shareholding
The shareholding of Rico Friction Technologies Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rico Friction Technologies Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rico Friction Technologies Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Rico Friction Technologies Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 32 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| International Cork Mills LLP | |||
| Starke International Exim Private Limited | |||
| Unimac Overseas Private Limited | |||
| Shyam Packaging | |||
| an individual supplier |
To see the full MSME payment records of Rico Friction Technologies Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Rico Friction Technologies Limited has a workforce of 6 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Rico Friction Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AALCM7358K1ZV | Haryana | Active | 05 May 2018 |
To see the full GST registrations and return filing status of Rico Friction Technologies Limited, buy the company report.
Recent activity
Rico Friction Technologies Limited has 11 board changes on record since 2018: 9 appointments and 2 cessations. The latest: Rajiv Kumar Miglani was appointed as Director on 09 Nov 2022.
2 earlier events are in the company report.
Frequently asked questions
Rico Friction Technologies is an active public limited company based in Gurugram, Haryana, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 28 March 2018 (8+ years old) and is registered under CIN U29100HR2018PLC073338.
Rico Friction Technologies has 7 current directors:
- Abhishek Kulshrestha - Director
- Amit Mangla - Director
- Om Prakash Aggarwal - Director
- Arvind Kumar Mangla - Director
- Kaushalendra Verma - Director
- Manoj Jain Kumar - Director
- Rajiv Kumar Miglani - Director
The latest financial statements of Rico Friction Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 June 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Rico Friction Technologies is 06AALCM7358K1ZV, registered in Haryana.
The CIN (Corporate Identification Number) of Rico Friction Technologies is U29100HR2018PLC073338. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rico Friction Technologies was incorporated on 28 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Haryana.
Rajiv Kumar Miglani was appointed as Director on 09 Nov 2022. Naresh Kumar Sethi ceased to be Director on 08 Nov 2022. Arvind Kumar Mangla was appointed as Director on 18 Jun 2021. Rico Friction Technologies has 11 board changes on record in total.
Rico Friction Technologies has 3 MSME Form 1 returns on record between 2019 and 2020, listing 32 overdue payments to 11 micro and small suppliers. The latest return was filed on 26 Dec 2020.
The registered office of Rico Friction Technologies is at 38 Km Stone Delhi – Jaipur Highway Gurugram – 122001 Haryana, Haryana, India – 122001.
Rico Friction Technologies operates in the automotive industry, in the auto parts and components segment.
Yes. Rico Friction Technologies was formerly known as Rico Friction Technologies Private Limited, Metalart Friction Private Limited.
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