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AU 512188 | Enterprise Profile

Australasian Steel Products Proprietary Limited

IW
IBISWorld Research Department
Analyst Australia

RYCO Group is a Proprietary Company that generates the majority of its income from the Steel Pipe & Tube Manufacturing industry. In 2022 the company generated total revenue of $189,862,000 including sales and other revenue. In 2022 RYCO Group had 900 employees including employees from all subsidiaries under the company's control. The Chief Executive of RYCO Group is Mr Leigh Morrison whose official title is Chief Executive Officer. The Chairman of RYCO Group is either not applicable or not available. Australasian Steel Products, trading as RYCO Group, specialise in the design, manufacture and distribution of a comprehensive range of hydraulic components. The company provide products to a range of industries including: Agricutlure Construction Defence Extreme Forestry Industrial Marine Mining, Oil & Gas Transport Underground UtilitiesAustralasian Steel Products provie these sectors with the following products: Hydraulic Hoses Hydraulic Couplings Hydraulic Adaptors Hydraulic Accessories Hydraulic Filters

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What's included in this industry analysis

IBISWorld's research coverage on the Australasian Steel Products Proprietary Limited includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of March 2026.

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Company Details

What’s this enterprise profile about?

Australasian Steel Products Proprietary Limited, trading as RYCO Group, operates under the ABN 86 004 121 313 and was incorporated on 13 November 1925. Australasian Steel Products Proprietary Limited primarily operates in the Steel Pipe & Tube Manufacturing industry in Australia.

Key Personnel

What’s included in the Key Personnel chapter?

The Key Personnel chapter outlines the principal leadership positions within Australasian Steel Products Proprietary Limited, including the Chairman, Board members, Chief Executive Officer, and other key management personnel. It provides an overview of the company’s governance and executive structure, along with a breakdown of gender diversity across leadership roles, offering insight into the composition of the organisation’s senior team.

Financials

What’s included in the Financials chapter?

The Financials chapter presents Australasian Steel Products Proprietary Limited’s historical financial performance, including detailed profit and loss statements outlining sales revenue, cost of sales, and profitability. It also incorporates balance sheet data, providing a breakdown of assets and liabilities, as well as additional financial metrics such as the number of shares on issue. Together, these disclosures offer a comprehensive view of the company’s financial position and performance over time.

Growth & Ratios

What’s included in the Growth & Rations chapter?

The Growth & Ratios chapter provides historical data on key financial performance indicators, enabling an assessment of the company’s operational efficiency, profitability, and financial structure over time. Metrics covered include return on equity, return on assets, profit margins, revenue per employee, as well as gearing and leverage ratios, offering a comprehensive view of performance trends and capital management.

Operating Segments

What’s included in the Operating Segments chapter?

The Operating Segments chapter provides an overview of the revenue composition and asset allocation across the various industries in which Australasian Steel Products Proprietary Limited operates. It offers insights into how the company’s financial performance is distributed among its core business segments, highlighting the relative contribution of each industry to total revenue.

Competitor Benchmarking

What’s included in the Competitor Benchmarking chapter?

The Competitor Benchmarking chapter includes a comparative assessment of Australasian Steel Products Proprietary Limited’s key financial, growth, and valuation ratios against industry averages to evaluate its competitive position. It analyses valuation metrics such as price-to-earnings, price-to-book, enterprise value to EBITDA, and enterprise value to sales, alongside core financial indicators including liquidity ratios and profitability measures.

Shareholders

What’s included in the Shareholders chapter?

The Shareholders chapter provides a breakdown of the ownership structure of Australasian Steel Products Proprietary Limited, identifying key shareholders and outlining their respective ownership interests. This section offers insight into the concentration of shareholdings, the presence of institutional or strategic investors, and the overall distribution of equity within the company.

Subsidiaries

What’s included in the Subsidiaries chapter?

The Subsidiaries chapter provides an overview of the companies and business entities that are wholly or partially owned by Australasian Steel Products Proprietary Limited. It outlines the ownership structure of each subsidiary, offering insight into the broader corporate group and how these entities contribute to the company’s overall activities and performance.

History

What’s included in the History chapter?

The History chapter presents a overview of Australasian Steel Products Proprietary Limited’s development, highlighting key milestones and significant corporate events since its incorporation. It includes the company’s incorporation date and outlines major strategic, operational, and structural developments, providing context for its evolution and current market position.

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Frequently Asked Questions

What is Australasian Steel Products Proprietary Limited?

Australasian Steel Products, trading as RYCO Group, specialise in the design, manufacture and distribution of a comprehensive range of hydraulic components. The company provide products to a range of industries including: Agricutlure Construction Defence Extreme Forestry Industrial Marine Mining, Oil & Gas Transport Underground UtilitiesAustralasian Steel Products provie these sectors with the following products: Hydraulic Hoses Hydraulic Couplings Hydraulic Adaptors Hydraulic Accessories Hydraulic Filters

What industry does Australasian Steel Products Proprietary Limited operate in?

Australasian Steel Products Proprietary Limited, trading as RYCO Group, is a Private Company that generates the majority of its income from the Steel Pipe & Tube Manufacturing industry in Australia.

Where is Australasian Steel Products Proprietary Limited located?

Murray Cod Australia Limited company is based at 99 Calarco Drive, Derrimut, Victoria, Australia.

Who is the CEO of Australasian Steel Products Proprietary Limited?

The DIRECTOR of Australasian Steel Products Proprietary Limited is Franco Gerla and the DIRECTOR is Dardanio Manuli.

What was Australasian Steel Products Proprietary Limited’s revenue in 2025?

In 2025, Australasian Steel Products Proprietary Limited generated total revenue of approximately $189.9 million.

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