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Company details

154.00
158.00
74.00
164.45
6M Return 23.22%
1Y Return 84.35%
Mkt Cap.(Cr) 1,888.55
Volume 81,376
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 81,376

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SWOT

  • swot

  • technicals

  • deals

  • shareholding


EMA SMA

Delivery and volume

Our Research View

Trading recommendation

Data not found

Investment recommendation

Call Date

01 Apr 2021

Entry Price

70.00

Target Price

95.00

Duration

12 Month

BUY

Rapid Results

Q1FY23 Quarterly Result Announced for Pricol Ltd.

Auto parts company Pricol announced Q1FY23 results:

  • Revenue from Operations at Rs 414.57 crore, QoQ Growth: 41.61%
  • EBITDA at Rs 48.92 crore, QoQ Growth: 49.59%
  • EBITDA Margin at 11.80%, Corresponding Quarter FY22: 11.17% 
  • PAT at Rs 15.92 crore, QoQ Growth: 560.58%
  • Cash Profit at Rs 35.24 crore, QoQ Growth: 48.63%
  • Long Term Borrowings at Rs 65 crore, (Excluding ECLGS)

Commenting on the performance of the Company, Mr. Vikram Mohan, Managing Director said, "The outlook for the industry remains uncertain with continued electronic chip shortage and supply chain disruptions hurting the vehicle productions of OEMs and in turn affecting our sales. Also, the trend of acute price increase of raw materials continues to remain so, eroding the bottom-line. Nevertheless, we have managed to achieve a performance better than the market inspite of such tough external conditions. With new opportunities of growth areas identified combined with new business wins awarded from our customers, we stay committed to deliver a consistent performance overall"

 

Result PDF

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 581.82 Cr FV: 1.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 1,063.73 35,237.03
LAST 3M 39,397.70 -2,125.67
LAST 6M 127,269.18 -146,884.65
LAST 12M 212,893.82 -215,286.28

Information

  • About Company
  • Company Info
  • Listing Info
26.98
36.53%
47.7367
9.37%
6.04%
Description
  • Pricol Limited was incorporated on 18th May, 2011. The Company is engaged in the business of manufacturing and selling of Instrument clusters and other allied automobile components to Original Equipment Manufacturers (OEM) and replacement markets. The company carries out business operations in Driver Information Systems and Sensors, Pumps and Allied Products, Telematics and Wiping Systems catering to leading automotive OEMs in Two / Three Wheeler, Passenger Vehicles, Commercial Vehicles, Farm Equipment and Off-road Vehicles across India and in International Markets in over 45 countries with more than 2000 product variants. Today, the company has 7 manufacturing plants across Coimbatore, Manesar, Pantnagar, Pune and Sricity in India, 1 manufacturing plant in Indonesia and 1 subsidiary in Satara in India, with 2 international offices in Tokyo and in Singapore. The Company commenced commercial production at Plant I in the year 1975 as one of India`s leading automotive components and precision engineered technological solutions and products manufacturers head quartered in Coimbatore, South India and it strides as a reputable global brand in the automotive component and products business, highly recognized by top automotive OEMs across the world. The Company established Plant II at Gurgaon, which commenced commercial operations from May 1988. It established Plant III at, Chinnamathampalayam, Coimbatore, which commenced commercial production in September 1999. In 2004, the Company`s name was changed to `Pricol Limited` from `Premier Instruments & Controls Limited`. In the same year, the Plant II was shifted to expand company`s own premises at Manesar, National Capital Region. In 2007, the Company incorporated PT Pricol Surya, wholly owned subsidiary in Indonesia. In 2011, Pricol Pune Limited, a wholly owned subsidiary was incorporated in Pune. The Hon`ble High Court of Judicature at Madras vide its order dated 6th October, 2016 had sanctioned the Scheme of Amalgamation of erstwhile Pricol Limited (`Transferor Company`) with erstwhile Pricol Pune Limited (`Transferee Company`) with the appointed date as 1st April, 2015. Pursuant to the Scheme of Amalgamation sanctioned by the Honorable High Court of Judicature at Madras, Erstwhile Pricol Limited (Transferor Company) amalgamated with Pricol Pune Limited (Transferee Company) with the appointed date as 1st April, 2015 and the Transferee Company was renamed from "Pricol Pune Limited" to "Pricol Limited" vide fresh Certificate of Incorporation granted by Ministry of Corporate Affairs with effect from 18th November, 2016. During the financial year 2016-17, 9,47,96,721 shares of Re 1/- each were allotted for consideration other than cash in terms of the Scheme of Amalgamation with Erstwhile Pricol Limited which was sanctioned by the Hon`ble High Court of Judicature at Madras on 6th October 2016. In October 2017, the Company signed an agreement and entered into a technical partnership with Kerda Technologies for Oxygen Sensors and ACHR for Fuel Pump Modules & Pressure Regulator as products. In 2017, the Company commissioned a state-of-the-art Greenfield manufacturing plant in Pune. During the year, it acquired PMP Auto Components Pvt. Ltd. a leading global manufacturer of Automotive Wiping systems and increased the manufacturing presence in North America and Europe through this acquisition. In 2018, the Company signed a partnership with Dongguan Shenpeng Electronics Co Limited, China for introduction of Electrical Water Pumps in India. The Board of Directors at their meetings held on 19th March 2019 and 29th July 2020 approved the disposal of its wholly owned subsidiaries viz, Pricol Wiping Systems India Limited (PWS India) and Pricol Espana S.L. Spain along with its subsidiary, Pricol Wiping Systems Czech s.r.o, Czech Republic. The same was approved by the Shareholders in their meeting held on 29th August 2019. Pursuant to the authorization for the further infusion of capital through Rights issue by the Board of Directors of the Company in accordance with the provisions of the Companies Act, 2013 and the applicable Rules prescribed thereunder and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, the Company had issued 2,70,84,777 fully paid-up Equity Shares of face value of Re 1/- each for cash at a price of Rs 30/- per Equity Share (including a premium of Rs 29/- per Equity Share) aggregating to Rs 8,125.43 lakhs on a rights basis to eligible equity shareholders in the ratio of two Equity Shares for every seven fully paid-up Equity Shares held on the record date, that is 25th November, 2020. These equity shares were allotted on 25th December 2020. The fresh allotment of equity shares through Rights Issue as stated above has resulted in an increase of equity share capital by Rs 270.84 Lakhs and securities premium by Rs 7,854.59 Lakhs. On 26th May 2021, the Board approved the amalgamation of Pricol Wiping Systems India Limited (PWSIL), a wholly owned subsidiary company with its holding company, Pricol Limited, with effect from 1st April 2021 (Appointed Date) by way of Scheme of Amalgamation, subject to all relevant approvals. By this amalgamation, the Wiping Business of PWSIL will be integrated with Pricol Limited. As part of the proposed amalgamation, all assets and liabilities of PWSIL shall stand transferred and vested with Pricol Limited.

Read More

Registered Address

109 Race Course, , Coimbatore, Tamil Nadu, 641018

Tel : 91-422-4336000
Email : cs:pricol.co.in
Website : http://www.pricol.com

Registrar

Integrated Registry Mgt Servic

AGM Date (Month) : Aug
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 540293
NSE Code : PRICOLLTD
Book Closure Date (Month) :
BSE Group : A
ISIN : INE726V01018

ICICIdirect Pricol Ltd FAQ

You can buy Pricol Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Pricol Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Aug 12, 2022 04:01 PM the closing price of Pricol Ltd was ₹ 154.95.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Aug 12, 2022 04:01 PM, the market cap of Pricol Ltd stood at ₹ 1,888.55.
The latest PE ratio of Pricol Ltd as of Aug 12, 2022 04:01 PM is 26.98
The latest PB ratio of Pricol Ltd as of Aug 12, 2022 04:01 PM is 0.31
The 52-week high of Pricol Ltd is ₹ 164.45 while the 52-week low is ₹ 74.00 .
According to analyst recommendations, Pricol Ltd has a “Buy” rating for the long term.

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