Pricol Limited reported a strong financial performance for the year ended 31st March 2026, with consolidated net profit rising to ₹250.80 crores from ₹167.03 crores in the prior year. Revenue from operations grew 51.24% to ₹3,963.85 crores in FY26, compared to ₹2,620.91 crores in FY25. For the quarter ended 31st March 2026, the company achieved a consolidated revenue of ₹1,077.90 crores, crossing the INR 1,000 crore mark, with a net profit of ₹73.23 crores.

Operational Performance and Margins

The company delivered an EBITDA of ₹492.91 crores for the full year, representing an EBITDA margin of 12.44%. In Q4 FY26, consolidated EBITDA stood at ₹143.28 crores, with the margin expanding to 13.29% from 10.70% in the corresponding prior-year quarter. On a standalone basis, revenue from operations for FY26 reached ₹3,019.07 crores, while net profit stood at ₹207.34 crores.

Strategic Outlook and Guidance

Management highlighted that despite headwinds such as the semiconductor crisis and geopolitical tensions, the company achieved its target of hitting the INR 4,000 crore revenue mark with a debt-equity ratio of less than 1:1. The net debt position as of 31st March 2026 was INR 63.11 crores. Looking ahead, the company plans to commence a major CAPEX cycle with an investment of approximately INR 680 crore to INR 700 crores over the next year to support new businesses and capacity expansion.

Segment Performance and Future Plans

For the year, the DICVS segment contributed approximately 60% of total revenue, while ACFMS and P3L accounted for 20% each. P3L generated revenue of INR 924 crores with an EBITDA margin of 9.24%. The company remains focused on long-term growth, maintaining guidance to double P3L's turnover within three years and aiming for exports to contribute 10% of revenue in the coming years.

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:

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:

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.

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.

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.