Pricol FY26 Revenue Surges 51% to ₹3,964 Cr; PAT Rises 50%

5 min read     Updated on 15 May 2026, 10:43 PM
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AI Summary

Pricol Limited reported strong consolidated FY26 results with revenue of ₹3,963.85 crore (+51.24% YoY) and PAT of ₹250.80 crore (+50.15%), surpassing the ₹4,000 crore total income milestone. On a standalone basis, FY26 net profit after tax stood at ₹207.34 crore. The Board approved key leadership changes, including the appointment of Mr. Vikram Mohan as Chairman & Managing Director, and an additional corporate guarantee of ₹150 crore for its wholly owned subsidiary.

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Pricol Limited has announced its audited financial results for the quarter and year ended March 31, 2026, reporting a significant surge in operational performance. The company achieved a consolidated revenue from operations of ₹3,963.85 crore for FY26, marking a growth of 51.24% compared to the previous financial year. This performance was driven by a balanced mix of organic and inorganic growth strategies, enabling the company to surpass the ₹4,000 crore milestone in total income. The results were disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following a Board meeting held on May 14, 2026. A newspaper advertisement in respect of the audited financial results was subsequently filed on May 15, 2026.

Financial Performance

For the fourth quarter of FY26, the company reported a consolidated revenue from operations of ₹1,077.90 crore, a 43.34% increase year-on-year. EBITDA for Q4-FY26 reached ₹143.28 crore, expanding by 62.27%, with an EBITDA margin of 13.29%. Profit after tax (PAT) for the quarter stood at ₹73.23 crore, and basic and diluted EPS came in at ₹6.00, reflecting a YoY growth of 109.06%. The following table summarises the consolidated financial performance:

Metric: Q4-FY26 FY26
Revenue From Operations: ₹1,077.90 Crores ₹3,963.85 Crores
YoY Growth: 43.34% 51.24%
EBITDA: ₹143.28 Crores ₹492.91 Crores
EBITDA YoY Growth: 62.27% 47.53%
EBITDA Margin: 13.29% 12.44%
PAT: ₹73.23 Crores ₹250.80 Crores
PAT YoY Growth: N/A 50.15%
EPS (Basic & Diluted): ₹6.00 ₹20.57
EPS YoY Growth: 109.06% 50.15%

Standalone Financial Results

On a standalone basis, Pricol reported total income of ₹3,126.97 crore for FY26, compared to ₹2,542.38 crore in the previous year. For Q4-FY26, standalone total income stood at ₹882.43 crore against ₹627.01 crore in Q4-FY25. The standalone net profit after tax for the quarter was ₹78.20 crore, up from ₹27.98 crore in the corresponding quarter of the previous year. For the full year, standalone net profit after tax stood at ₹207.34 crore, compared to ₹142.46 crore previously. The table below presents the key standalone financial metrics:

Metric: Q4-FY26 Q4-FY25 FY26 FY25
Total Income: ₹882.43 Crores ₹627.01 Crores ₹3,126.97 Crores ₹2,542.38 Crores
Net Profit Before Tax: ₹92.79 Crores ₹42.79 Crores ₹268.57 Crores ₹197.08 Crores
Net Profit After Tax: ₹78.20 Crores ₹27.98 Crores ₹207.34 Crores ₹142.46 Crores
Total Comprehensive Income: ₹78.60 Crores ₹31.74 Crores ₹206.15 Crores ₹145.04 Crores
Cash Profit: ₹102.84 Crores ₹53.67 Crores ₹301.08 Crores ₹228.79 Crores
EPS (Basic & Diluted): ₹6.41 ₹2.30 ₹17.01 ₹11.69

Business Highlights and Management Commentary

During FY26, Pricol received the "Excellence in New Model Cost & Development Award" at the Honda Annual Supplier Convention 2026. The company also secured Silver Awards in three categories at the TVS Motors and ACMA TPM Implementation Supplier Cluster Event. Commenting on the company's performance, Mr. Vikram Mohan, Chairman & Managing Director, stated that FY26 was a defining year for the global automotive industry, marked by supply chain disruptions, geopolitical trade tensions, and continued market volatility. He noted that Pricol demonstrated strong resilience, agility, and execution excellence, enabling the company to outperform the market and achieve the significant milestone of ₹4,000 crore in total income. Management also acknowledged that evolving global geopolitical developments — resulting in currency volatility, elevated commodity prices, and higher freight costs — may exert pressure on demand and cost structures. Despite these headwinds, the management remains focused on mitigating risks through operational efficiencies, disciplined cost management, and strategic planning.

Board Leadership Changes

The Board of Directors approved several key appointments effective May 14, 2026. Mrs. Vanitha Mohan resigned as Chairman of the Board, a position she held for nine years, after 35 years with Pricol. Following her resignation, Mr. Vikram Mohan, the Managing Director, was appointed as the Chairman of the Board, with his designation updated to Chairman & Managing Director. Mr. Vikram Mohan, 50 years of age, holds a Bachelor's degree in Production Engineering with Honours from PSG College of Technology, Coimbatore, and has 30 years of experience in the auto component and various other industries. The Board also appointed Ms. Madhura Mohan (DIN: 08536751) as an Executive Director and Mr. Siddharth Manoharan (DIN: 08457275) as a Group Executive Director, both effective May 14, 2026, subject to shareholder approval at the upcoming Annual General Meeting.

Parameter: Details
Mrs. Vanitha Mohan: Resigned as Chairman, effective May 14, 2026
Mr. Vikram Mohan: Appointed Chairman & Managing Director, effective May 14, 2026
Ms. Madhura Mohan: Appointed Executive Director, subject to shareholder approval
Mr. Siddharth Manoharan: Appointed Group Executive Director, subject to shareholder approval
Mr. G. Sivagurunathan: Re-appointed as Cost Auditor for FY 2026-27

Ms. Madhura Mohan, 25 years of age, holds a Bachelor of Science (Honours) degree in Business and Management from Brunel University, London, and is a third-generation member of the promoter family, actively associated with the company since September 2023. Mr. Siddharth Manoharan, 35 years of age, holds a Bachelor's degree in Engineering in Electronics and Communication from PSG College of Technology, Coimbatore, and a dual MBA from Fudan School of Management and MIT Sloan School of Management, with nine years of experience in the Pricol Group driving growth strategies, mergers and acquisitions, and strategic partnerships.

Corporate Governance and Guarantees

The Board fixed August 5, 2026 as the date for the 15th Annual General Meeting, to be held via video conference, with July 29, 2026 set as the record date for e-voting. The interim dividend paid during the year will be treated as the dividend for FY 2025-2026, and no final dividend has been recommended. In a strategic move to support its wholly owned subsidiary, the Board approved providing an additional corporate guarantee of up to ₹150 crore to Pricol Precision Products Private Limited, in addition to the existing corporate guarantees of ₹250 crore. This guarantee is classified as a contingent liability in the financial statements and has no other impact on the company at this point.

Parameter: Details
AGM Date: August 5, 2026 (via Video Conference)
E-Voting Record Date: July 29, 2026
Final Dividend: Nil (interim dividend treated as FY26 dividend)
Additional Corporate Guarantee: Up to ₹150 Crores
Existing Corporate Guarantee: ₹250 Crores
Beneficiary: Pricol Precision Products Private Limited (WOS)

An investor conference call to discuss the financial results was scheduled for Friday, May 15, 2026 at 04:00 PM (IST), accessible via universal dial-in numbers +91 22 6280 1341 / +91 22 7115 8242.

Historical Stock Returns for Pricol

1 Day5 Days1 Month6 Months1 Year5 Years
-0.04%+1.57%+1.01%-16.61%+27.30%+502.86%

How might the appointment of 25-year-old Ms. Madhura Mohan as Executive Director influence Pricol's long-term strategic direction and investor confidence in the company's governance structure?

Given management's acknowledgment of currency volatility, elevated commodity prices, and higher freight costs, what specific operational efficiency measures could Pricol implement to protect its EBITDA margins beyond the current 12-13% range in FY27?

With the additional ₹150 crore corporate guarantee extended to Pricol Precision Products Private Limited, what expansion or capacity-building plans does the subsidiary have that could contribute to the parent company's consolidated revenue growth?

Pricol's 92nd Board Meet on May 14 to Consider Q4FY26 Results and Final Dividend

2 min read     Updated on 05 May 2026, 11:27 PM
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AI Summary

Pricol Limited has scheduled its 92nd Board Meeting on May 14, 2026, to consider audited financial results for the quarter and year ended March 31, 2026, and a possible Final Dividend recommendation for FY2025-26. An investor conference call facilitated by Valorem Advisors is set for May 15, 2026, at 04:00 PM IST, with senior management participation. The trading window remains closed until May 16, 2026, for designated persons.

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Pricol Limited has notified the stock exchanges of key upcoming events related to its financial results for the quarter and year ended March 31, 2026. The company has scheduled its 92nd Board Meeting on Thursday, May 14, 2026, to consider audited financial results in both standalone and consolidated formats. In an updated intimation, the company has further disclosed that the Board may also consider the proposal for recommendation of a Final Dividend on equity shares for Financial Year 2025-26 and fix the record date for the same at the said meeting. An investor conference call is scheduled for Friday, May 15, 2026, at 04:00 PM (IST) to discuss the results. Both disclosures were issued on Tuesday, May 5, 2026, in compliance with applicable SEBI listing regulations.

Board Meeting Details

The 92nd meeting of the Board of Directors has been convened to consider, among other matters, the audited financial results for the quarter and year ended March 31, 2026, in both standalone and consolidated formats. Additionally, the Board may consider recommending a Final Dividend on equity shares for Financial Year 2025-26 and fix the record date for the same. The intimation was issued pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The key details of the board meeting are summarised below:

Parameter: Details
Meeting Number: 92nd Board Meeting
Meeting Date: Thursday, May 14, 2026
Intimation Date: Tuesday, May 5, 2026
Purpose: Audited Financial Results (Standalone & Consolidated) and Final Dividend consideration
Period Under Review: Quarter and year ended March 31, 2026
Regulatory Reference: Regulation 29, SEBI (LODR) Regulations, 2015

Investor Conference Call Details

Pursuant to Regulation 30(6) of SEBI (LODR) Regulations, 2015, Pricol Limited has also scheduled an investor conference call on Friday, May 15, 2026, at 04:00 PM (IST), to discuss the financial results for the quarter and year ended March 31, 2026. The call will be facilitated by Valorem Advisors and will be represented by the company's senior management. The company has confirmed that no unpublished price sensitive information will be shared during the call.

The management representatives and dial-in details for the conference call are as follows:

Parameter: Details
Conference Call Date: Friday, May 15, 2026
Time: 04:00 PM (IST)
Managing Director: Mr. Vikram Mohan
CEO & Executive Director: Mr. P.M. Ganesh
Director - Strategy: Mr. Siddharth Manoharan
Chief Financial Officer: Mr. Priyadarsi Bastia
Universal Dial-In: +91 22 6280 1341 / +91 22 7115 8242
USA Toll Free: 18667462133
UK Toll Free: 08081011573
Singapore Toll Free: 8001012045
Hong Kong Toll Free: 800964448
Investor Kit: https://www.valoremadvisors.com/pricol

Trading Window and Regulatory Compliance

The trading window for trading in shares of the company will remain closed until May 16, 2026, for designated persons and their immediate relatives, pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015. Both disclosures were submitted to the National Stock Exchange of India Limited and BSE Limited in compliance with applicable listing regulations. The communications were signed by T.G. Thamizhanban, Company Secretary (ICSI M.No: F7897), on behalf of Pricol Limited. These disclosures serve as formal notifications to shareholders and market participants ahead of the scheduled board meeting and investor call.

Historical Stock Returns for Pricol

1 Day5 Days1 Month6 Months1 Year5 Years
-0.04%+1.57%+1.01%-16.61%+27.30%+502.86%

How might Pricol's dividend payout ratio for FY2025-26 compare to previous years, and what does it signal about the company's cash flow position and future capital allocation strategy?

Given the global automotive components sector headwinds, how is Pricol's revenue mix between domestic OEMs and export markets expected to evolve in FY2026-27?

What impact could the anticipated EV transition among Indian two-wheeler and four-wheeler OEMs have on Pricol's product portfolio and margins over the next two to three years?

More News on Pricol

1 Year Returns:+27.30%