PRICOLLTD NSE filing

Pricol Ltd FY26 Revenue ₹3,963.85 Cr (51.24% Growth), PAT ₹250.80 Cr

The RealCase readHigh impact Positive

Pricol Limited reported FY26 consolidated revenue of ₹3,963.85 Cr (up 51.24% YoY) and PAT of ₹250.80 Cr (up 50.15% YoY). Q4-FY26 revenue was ₹1,077.90 Cr (up 43.34% YoY) with PAT at ₹73.23 Cr (up 109.06% YoY). The company approved a ₹150 Cr corporate guarantee for its subsidiary. Mrs. Vanitha Mohan resigned as Chairman, and Mr. Vikram Mohan was appointed Chairman & Managing Director.

Why it matters

The announcement includes strong financial performance with significant revenue and profit growth, which is material for investors. Major leadership changes at the Chairman and MD level, along with the appointment of new directors, have a significant impact on corporate governance and strategic direction. The corporate guarantee also represents a substantial financial commitment.

The market read

The company reported strong year-on-year growth in revenue and PAT for both the quarter and the full financial year. Key leadership changes were also announced, with a smooth transition in the Chairman role. The approval of an additional corporate guarantee indicates support for subsidiary growth.

Pricol Limited announced its financial results for the fourth quarter and full financial year ended March 31, 2026. The company reported a consolidated revenue from operations of ₹3,963.85 Crores for FY26, marking a significant 51.24% growth compared to FY25. Net Profit After Tax (PAT) for FY26 stood at ₹250.80 Crores, with a year-on-year growth of 50.15%. The Earnings Per Share (EPS) for FY26 was ₹20.57.

For the fourth quarter of FY26, revenue from operations was ₹1,077.90 Crores, a 43.34% increase year-on-year. EBITDA for the quarter grew by 62.27% to ₹143.28 Crores, with an EBITDA margin of 13.29%. PAT for Q4-FY26 was ₹73.23 Crores, showing a substantial 109.06% growth, and the EPS was ₹6.00.

The Board of Directors approved several key decisions during their meeting on May 14, 2026. The 15th Annual General Meeting (AGM) is scheduled for August 5, 2026, with July 29, 2026, set as the e-voting cut-off date. No final dividend was recommended, as the interim dividend paid during the year will be treated as the final dividend for FY 2025-2026.

In terms of leadership changes, Mrs. Vanitha Mohan resigned as Chairman of the Board, effective May 14, 2026. Mr. Vikram Mohan, the former Managing Director, has been appointed as the Chairman of the Board, with his designation now being "Chairman & Managing Director." Additionally, Ms. Madhura Mohan was appointed as an Executive Director, and Mr. Siddharth Manoharan was appointed as a Group Executive Director, subject to shareholder approval at the upcoming AGM.

The company also re-appointed Mr. G. Sivagurunathan as the Cost Auditor for the financial year 2026-27. Furthermore, the Board approved providing an additional corporate guarantee of up to ₹150 Crores to its wholly-owned subsidiary, Pricol Precision Products Private Limited, in addition to the existing guarantee of ₹250 Crores.

Mr. Vikram Mohan, Chairman & Managing Director, commented that FY26 was a defining year despite challenges like supply chain disruptions and market volatility. He highlighted the company's resilience and execution excellence, achieving a total income of approximately ₹4,000 Crores. He emphasized continued investments in engineering, localization, and technology, reinforcing Pricol's position as a trusted Tier-1 automotive component manufacturer. Looking ahead, management remains focused on mitigating risks from currency volatility, commodity prices, and freight costs through operational efficiencies and disciplined cost management.

Filing to action

What to do with a filing like this

Pricol Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. 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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Primary source

A plain-language summary of a public exchange filing by Pricol Limited. Read the original for the full detail.

View original filing