Pricol Ltd
NSE:PRICOLLTD
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Pricol Ltd
NSE:PRICOLLTD
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Pricol Ltd
Pricol Ltd. is a holding company, which engages in the manufacture and sale of instrument clusters and other allied automobile components to original equipment manufacturers and replacement markets. The company is headquartered in Coimbatore, Tamil Nadu and currently employs 1,739 full-time employees. The company went IPO on 2017-02-10. The firm carries out its business and operations in driver information systems and sensors, pumps and allied products, telematics and wiping systems catering to automotive original equipment manufacturers (OEMs) in two / three-wheeler, passenger vehicles, commercial vehicles, farm equipment and off road vehicles across India and in international markets. Its driver information systems and sensors include instrument clusters, fuel level sensors, speed and position sensors, pressure sensors and switches, temperature sensors and switches, body control modules and oxygen sensors. Its pumps and allied products include auto decompression unit, auto fuel cock, chain tensioner, fuel feed pump, fuel pump module, oil pump, pressure relief valve and others. The firm's subsidiaries include Pricol Espana S.L. Spain and Pricol Wiping Systems India Limited.
Pricol Ltd. is a holding company, which engages in the manufacture and sale of instrument clusters and other allied automobile components to original equipment manufacturers and replacement markets. The company is headquartered in Coimbatore, Tamil Nadu and currently employs 1,739 full-time employees. The company went IPO on 2017-02-10. The firm carries out its business and operations in driver information systems and sensors, pumps and allied products, telematics and wiping systems catering to automotive original equipment manufacturers (OEMs) in two / three-wheeler, passenger vehicles, commercial vehicles, farm equipment and off road vehicles across India and in international markets. Its driver information systems and sensors include instrument clusters, fuel level sensors, speed and position sensors, pressure sensors and switches, temperature sensors and switches, body control modules and oxygen sensors. Its pumps and allied products include auto decompression unit, auto fuel cock, chain tensioner, fuel feed pump, fuel pump module, oil pump, pressure relief valve and others. The firm's subsidiaries include Pricol Espana S.L. Spain and Pricol Wiping Systems India Limited.
Revenue Milestone: Pricol crossed the INR 1,000 crore quarterly revenue mark for Q3, with 65.67% sales growth YoY.
Profit & Margins: EBITDA grew 12.19% in Q3 to INR 125 crores; PAT grew 6.24%; steady margin performance expected to continue.
Strong Growth Outlook: Management expects to continue outperforming the market, maintaining double-digit (15%+) growth driven by new products and capacity expansions.
New Products & Capacity: Disc brakes and battery management systems to enter mass production in upcoming quarters; Polymer subsidiary running at 90%+ utilization with new plants being commissioned.
Commodity & Input Costs: All commodity price increases are fully passed through to customers with a 3–6 month lag.
CapEx Plans: INR 500 crores CapEx planned over next 2–3 years, focused mainly on capacity expansion in polymers and new products, funded via internal accruals.
Export Growth: Exports now comprise 10% of total revenue; ACFMS export growth at 15% YoY, with major US and European customers in mass production.