Pricol Ltd.
Snapshot View

112.50 +5.25 ▲4.9%

20 May 2022, 04:01:00 PM
Volume: 84,587

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Compare with Industry peers
Website http://www.pricol.com
Market Cap 1,374.82 Cr.
Enterprise Value(EV) 1,541.25 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 3.23 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 34.84 Trailing Twelve Months Ending 2021-12
Industry PE 42.22 Trailing Twelve Months Ending 2021-12
Book Value / Share 46.17 Trailing Twelve Months Ending 2021-12
Price to Book Value 2.44 Calculated using Price: 112.50
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 12.19 Cr. 121,881,498 Shares
FaceValue 1
Company Profile

Pricol Limited (formerly known as Premier Instruments & Controls Ltd) commenced its operations in 1975 in Coimbatore, South India in the manufacture of automotive instruments. Committed to leadership and excellence and guided by its core values, Pricol continues its stride as a reputable global brand in the automotive component and products business.

Presently, the company provides leading automobile and industrial brands with precision-engineered technological solutions in various countries with thousands of product variants. Pricol group is powered by strong, dedicated and skilled workforce across many countries which resolutely pursues the mission to be passionate, sustainable, dynamic and evolving.

Business area of the company

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.

Product and solutions

By Vehicle segments

  • 2 Wheelers
  • 3 Wheelers
  • Cars and Vans
  • Tractors
  • Commercial Vehicles
  • Off Road Vehicles
  • Industrial

By Verticals

  • Driver information systems and sensors
  • Pumps and allied products
  • Telematics
  • Wiping systems

Awards and recognitions

  • 2015-2016: Plants 3 and 4 win the CII Award
  • 2016: Pricol wins third prize in ACMA South Region 8th Kaizen
  • 2016: The company’s plant 6, bags Quality Gold Consistency Award
  • 2016: Pricol Plant 5 wins at the CII Regional Kaizen Competition
  • 2016: Pricol wins the IEI Industry Excellence Award
  • 2016: Pricol plant 5 team bags the Golden Bajaj Quality Award
  • 2016-17: Pricol wins National Award For Outstanding Industrial Relations
  • 2017: Pricol wins the Business Excellence Leader Award
  • 2018: Pricol wins Clean India Mission & CSR Activities

History & Milestone

  • 1975: Commencement of commercial Production at Plant I. Creation of Trade Mark- PRICOL. (Premier Instruments Coimbatore Limited).
  • 1981: Name of company changed to Premier Instruments & Controls Limited from Premier Instruments Coimbatore Limited.
  • 1988: Established Plant II at Gurgaon, Which commenced commercial operations from May 1988.
  • 1993: Listing in The Stock Exchange, Mumbai and Coimbatore Stock Exchange.
  • 1996: Listing in National Stock Exchange, Mumbai.
  • 1999: Established Plant III at, Chinnamathampalayam, Coimbatore, which commenced commercial production in September 1999.
  • 2004: Name of company changed to Pricol Limited from Premier Instruments & Controls Limited.
  • 2004: Plant II Shifted to expanded own premises at Manesar, National Capital Region.
  • 2007: Incorporation of PT Pricol Surya, Wholly owned Subsidiary in Indonesia.
  • 2008: Production commenced at Plant VI at Pantnagar, Uttarakhand.
  • 2011: Incorporation of Pricol Pune Limited, Wholly Owned Subsidiary in Pune.
  • 2015: Acquisition of “Melling do Brasil Componentes Automotivos LtdA”, Brazil Subsequently the name was changed to “Pricol do Brasil Componentes Automotivos LtdA”. New logo and a new corporate mission statement for the journey forward
  • 2016: 2016 - Amalgamation with Pricol Pune Limited and subsequently renamed to Pricol Limited.
  • 2017: Commissioned a state-of-the-art Greenfield manufacturing plant in Pune.
  • 2017: Acquisition of PMP Auto Components Pvt. Ltd. a leading global manufacturer of Automotive Wiping systems. Increases manufacturing presence in North America and Europe through this acquisition.
  • 2017: Technical Partnership with Kerda Technologies for Oxygen Sensors and ACHR for Fuel Pump Modules.
  • 2018: Partnership with Dongguan Shenpeng Electronics Co Limited for Electrical Water Pumps.
  • 2020: Pricol has completed the sale of 100% shareholding held by it, in the Wholly Owned Subsidiary Company -- Pricol Espana Sociedad Limitada, Spain, along with its Wholly Owned subsidiary company, Pricol Wiping Systems Czech.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+4.90%
1 Week
+13.41%
1 Month
-22.65%
3 Month
-10.25%
6 Month
-8.46%
1 Year
+35.05%
2 Year
+233.93%
5 Year
+56.14%
10 Year
5 years 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 1.27 -7.04 -29.85 -22.02 9.00
Return on Capital Employed (%) 5.02 0.24 -12.28 -5.97 14.78
Return on Assets (%) 0.71 -3.23 -10.43 -6.74 3.24

Balance Sheet View Details

Particulars 6 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 725 666 499 397 525 546
Non Curr. Liab. 98 304 166 330 302 241
Curr. Liab. 472 762 937 603 409 413
Minority Int.
Equity & Liab. 1,295 1,731 1,602 1,330 1,235 1,200
Non Curr. Assets 836 992 791 824 705 664
Curr. Assets 459 739 811 506 530 537
Misc. Exp. not W/O
Total Assets 1,295 1,731 1,602 1,330 1,235 1,200

Profit Loss View Details

Particulars 6 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 1,473 1,711 1,921 1,715 1,507 1,577
Other Income 10 5 14 34 34 8
Total Income 1,483 1,716 1,934 1,749 1,540 1,585
Total Expenditure -1,365 -1,628 -1,950 -1,682 -1,324 -1,392
PBIDT 118 88 -16 67 217 193
Interest -19 -31 -57 -54 -44 -31
Depreciation -73 -86 -100 -115 -98 -85
Taxation -17 -21 -1 4 -33 -38
Exceptional Items
PAT 9 -49 -174 -99 42 39
Minority Interest
Share Associate
Other Related Items
Consolidated Net Profit 9 -49 -174 -99 42 39
Adjusted EPS 1 -5 -16 -9 3 3

Cash Flow View Details

Particulars 5 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 58 95 44 151 129
Cash Fr. Inv. -83 -246 -107 -27 -21
Cash Fr. Finan. 23 184 57 -169 -70
Net Change -2 33 -7 -45 37
Cash & Cash Eqvt 24 64 39 9 38

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 36.53 36.53 36.53 36.53 36.53 36.53 36.53 36.53 36.53
Public 63.47 63.47 63.47 63.47 63.47 63.47 63.47 63.47 63.47
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 16 May 2022
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Investor conference call is scheduled to be held on Tuesday 24th May 2022 at 15:00 hours (IST) to discuss the financial results for the fourth quarter and the year ended 31st March 2022.
Thu, 12 May 2022
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation regarding receipt of information of loss of share certificate from shareholder.
Fri, 29 Apr 2022
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompayPricol Ltd
2CINL34200TZ2011PLC022194
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 257.00
4Highest Credit Rating during the previous FY BB+
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)ICRA LIMITED
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: T G THAMIZHANBAN
Designation: COMPANY SECRETARY
EmailId: cs@pricol.com
Name of the Chief Financial Officer: K RAMESH
Designation: CHIEF FINANCIAL OFFICER
EmailId: Ramesh.Krishnamoorthy@pricol.com

Date: 29/04/2022

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.

Technical Scans View Details

Fri, 20 May 2022
Opening at Low Opening at Low
Closing Above Previous High Closing Above Previous High
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months
High Increase 1 Year High Increase 1 Year

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