Pricol Faces Potential Impact from New Tractor Trailer Regulations
The Indian government has proposed new regulations for tractor trailers, requiring all trailers to be equipped with 13-pin or 13-pole connectors from October 1, 2026. This change could significantly affect the automotive components sector, including companies like Pricol. The new requirements may necessitate adaptations in product offerings, increased R&D efforts, and modifications to manufacturing processes for automotive component manufacturers.
Pricol Limited, an automotive components manufacturer, announced Q4 financial results showing revenue growth of 31.68% to ₹769.00 crore, but a 15.90% decline in net profit to ₹34.90 crore. EBITDA increased by 7.85% to ₹79.70 crore. The company's subsidiary acquired Sundaram Auto Components' Injection Moulded Plastic Component Solutions Division. Management expects stronger performance from Q2 FY26.