Pricol Ltd FY26 Revenue ₹3,963 Cr (51% YoY Growth), Board Approves AGM, Dividend & Leadership Changes
Pricol Limited's FY26 revenue surged 51.24% to ₹3,963.85 Crores. The Board fixed August 5, 2026, for the AGM and appointed Vikram Mohan as Chairman & Managing Director following Vanitha Mohan's resignation. Ms. Madhura Mohan and Mr. Siddharth Manoharan were appointed as Executive Directors. The company also approved corporate guarantees up to ₹150 Crores for its subsidiary.
The announcement includes significant leadership changes at the Chairman and Director level, strong financial performance with substantial revenue growth, and corporate actions like additional guarantees for a subsidiary, all of which can have a material impact on the company's future operations and investor perception.
The company reported strong financial growth with significant YoY increases in revenue and profit. Key leadership transitions were managed smoothly, and important corporate actions like AGM scheduling and subsidiary guarantees were approved.
Pricol Limited announced key outcomes from its Board Meeting held on May 14, 2026. The Board has fixed August 5, 2026, as the date for the 15th Annual General Meeting (AGM), to be conducted via Video Conference. The e-voting cut-off date for eligible shareholders is set for July 29, 2026. No final dividend will be recommended for FY 2025-26, as the interim dividend paid during the year will be treated as final.
Significant leadership changes were approved: Mrs. Vanitha Mohan resigned as Chairman and Director, effective May 14, 2026. Mr. Vikram Mohan, previously the Managing Director, has been appointed as Chairman of the Board, with his designation now being Chairman & Managing Director. Ms. Madhura Mohan has been appointed as an Executive Director, and Mr. Siddharth Manoharan as a Group Executive Director, both subject to shareholder approval at the upcoming AGM.
The Board also re-appointed Mr. G. Sivagurunathan as the Cost Auditor for the financial year 2026-27. Additionally, Pricol approved providing corporate guarantees up to ₹150 Crores for credit facilities to its wholly-owned subsidiary, Pricol Precision Products Private Limited, in addition to the existing ₹250 Crores guarantee.
In terms of financial performance, Pricol reported a consolidated revenue from operations of ₹3,963.85 Crores for FY26, marking a significant 51.24% growth compared to FY25. For the fourth quarter of FY26, revenue was ₹1,077.90 Crores, a 43.34% year-on-year increase. EBITDA for FY26 stood at ₹492.91 Crores (up 47.53% YoY), and Profit After Tax (PAT) was ₹250.80 Crores (up 50.15% YoY). The company will hold an Investor Conference Call on May 15, 2026, at 4:00 PM IST to discuss these results.
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Pricol Limited filed this with the NSE as a statutory disclosure, categorised under board meeting. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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