Pricol has received regulatory approval to establish a new wholly owned subsidiary, marking a significant step in the company's expansion strategy. The automotive component manufacturer has also committed to invest up to ₹10 million in this new business entity.

Corporate Structure Expansion

The establishment of the new subsidiary represents Pricol's strategic approach to diversifying its business operations and exploring new growth opportunities. The company's decision to create a wholly owned subsidiary provides it with greater operational flexibility and control over the new venture.

Investment Strategy

Pricol's commitment to invest up to ₹10 million in the new subsidiary demonstrates the company's confidence in the venture's potential. This investment will likely support the subsidiary's initial operations, infrastructure development, and market entry activities.

Business Implications

The formation of a new wholly owned subsidiary allows Pricol to:

• Expand its operational footprint
• Explore new business verticals
• Maintain complete control over subsidiary operations
• Leverage synergies with existing business units

This strategic move reflects Pricol's commitment to growth and its ability to identify and capitalize on emerging business opportunities in the automotive component sector.

Pricol Limited has delivered impressive financial results for the third quarter of FY26, demonstrating strong operational performance across key metrics. The automotive components manufacturer reported significant growth in both revenue and profitability, reflecting the company's robust market position.

Financial Performance Overview

The company's standalone financial results show remarkable improvement across all major parameters. Revenue from operations surged to ₹780.99 crores in Q3FY26, marking a substantial 27.6% increase from ₹612.10 crores recorded in Q3FY25.

Nine-Month Performance

For the nine months ended December 31, 2025, Pricol maintained its growth trajectory with consistent improvements across financial metrics. Revenue from operations reached ₹2,184.82 crores compared to ₹1,851.55 crores in the corresponding period of the previous year, representing an 18.0% increase.

Consolidated Results

On a consolidated basis, the company's performance remained equally strong. Consolidated revenue from operations for Q3FY26 stood at ₹1,020.36 crores compared to ₹615.91 crores in Q3FY25, while consolidated net profit increased to ₹63.69 crores from ₹41.45 crores in the previous year.

Board Meeting and Approvals

The Board of Directors convened on January 29, 2026, from 2:00 PM to 4:00 PM, and approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The results have been reviewed by the Audit Committee and subjected to limited review by statutory auditors M/s. Sundaram & Srinivasan, Chartered Accountants.

Investor Conference Call

Pricol has scheduled an investor conference call for January 30, 2026, at 4:00 PM IST to discuss the Q3FY26 results. The management team will be represented by:

• Mr. Vikram Mohan – Managing Director
• Mr. P.M. Ganesh - Chief Executive Officer & Executive Director
• Mr. Siddharth Manoharan - Director - Strategy
• Mr. Priyadarsi Bastia - Chief Financial Officer

The company operates primarily in the automotive components segment and continues to demonstrate strong operational efficiency and market positioning through its consistent financial performance.