Pricol Ltd: FY26 Revenue ₹3,964 Cr (51% YoY Growth), Board Approves AGM, Dividend Policy & Director Changes
Pricol Limited's Board fixed August 5, 2026, for the 15th AGM. Mrs. Vanitha Mohan resigned as Chairman; Mr. Vikram Mohan appointed Chairman & MD. Ms. Madhura Mohan and Mr. Siddharth Manoharan appointed as Executive Directors. FY26 revenue grew 51.24% to ₹3,964 Cr, PAT grew 50.15% to ₹250.80 Cr.
The announcement includes significant leadership changes, financial results showing robust growth, and crucial corporate actions like the AGM date and additional corporate guarantee, all of which have a material impact on the company's operations and governance.
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 the AGM date and corporate guarantee 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), which will be conducted via Video Conference. The e-voting cut-off date for eligible shareholders is set for July 29, 2026.
The company will not recommend a final dividend for FY 2025-2026, as the interim dividend paid during the year will be considered the final dividend.
Significant leadership changes were approved: Mrs. Vanitha Mohan resigned as Chairman of the Board effective May 14, 2026. Mr. Vikram Mohan, the Managing Director, has been appointed as the Chairman of the Board, with his designation now being "Chairman & Managing Director". Additionally, Ms. Madhura Mohan has been appointed as an Executive Director, and Mr. Siddharth Manoharan has been appointed as a Group Executive Director. Both appointments are 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. Furthermore, the company 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 ₹250 Crores guarantee.
In its financial performance for FY26, Pricol reported consolidated revenue from operations of ₹3,963.85 Crores, marking a 51.24% growth compared to FY25. For Q4-FY26, revenue from operations was ₹1,077.90 Crores, a 43.34% YoY growth. EBITDA for FY26 stood at ₹492.91 Crores, up 47.53% YoY, with an EBITDA margin of 12.44%. Profit After Tax (PAT) for FY26 was ₹250.80 Crores, a 50.15% YoY growth, and Earnings Per Share (EPS) was ₹20.57.
An investor conference call is scheduled for May 15, 2026, at 04:00 PM IST to discuss the financial results for the quarter and year ended March 31, 2026.
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Pricol Limited filed this with the NSE as a statutory disclosure, categorised under agm. 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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