Pricol Ltd

Pricol-New announced that the 14th Annual General Meeting(AGM) of the company will be held on 6 August 2025.Powered by Capital Market - Live

The key equity indices traded with moderate losses in early afternoon trade amid limited profit booking, following a sharp rally in the previous session. Investors are awaiting Q4 earnings reports from various companies. The Nifty hovered below the 25,000 level. Realty shares jumped for the third consecutive trading session. At 12:25 IST, the barometer index, the S&P BSE Sensex, declined 331.24 points or 0.39% to 82,208.70. The Nifty 50 index fell 83.35 points or 0.33% to 24,978.75. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.67% and the S&P BSE Small-Cap index added 0.92%. The market breadth was strong. On the BSE, 2,422 shares rose and 1,368 shares fell. A total of 172 shares were unchanged. Buzzing Index: The Nifty Realty index advanced 1.27% to 909.35. The index rallied 4.97% in the three consecutive trading sessions. Anant Raj (up 7.69%), Raymond (up 4.99%), Brigade Enterprises (up 4.32%), Sobha (up 3.27%), Macrotech Developers (up 1.6%), Godrej Properties (up 1.54%), Oberoi Realty (up 1.18%), Prestige Estates Projects (up 0.87%) and DLF (up 0.63%) surged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, down 1.92% to 16.57. The Nifty 29 May 2025 futures were trading at 25,037.60, at a premium of 58.85 points as compared with the spot at 24,978.75. The Nifty option chain for the 29 May 2025 expiry showed a maximum call OI of 55.8 lakh contracts at the 25,000 strike price. A maximum put OI of 65.5 lakh contracts was seen at a 24,000 strike price. Stocks in Spotlight: Pricol tumbled 5.66% after the company's consolidated net profit fell 15.80% to Rs 34.94 crore in Q4 FY25 as against Rs 41.50 crore posted in Q4 FY24. However, revenue from operations increased 32.81% YoY to Rs 725.01 crore in Q4 FY25. IndusInd Bank fell 2.36% after the bank disclosed an accounting discrepancy worth Rs 674 crore in its microfinance (MFI) business. In a statement issued following a media report, the bank clarified that its Internal Audit Department (IAD) had reviewed the MFI operations and discovered that Rs 674 crore had been erroneously booked as interest income across three quarters in FY24'25. Crucially, the bank noted that the full amount was reversed by 10 January 2025. NCC declined 3.31%. The company reported consolidated net profit of Rs 253.82 crore in Q4 FY25, up 6.12% as against Rs 239.16 crore posted in Q4 FY24. Revenue from operations tumbled 5.45% to Rs 6,130.88 crore in Q4 FY25 as against Rs 6,484.88 crore posted in Q4 FY24.Powered by Capital Market - Live

Net profit of Pricol declined 15.78% to Rs 34.95 crore in the quarter ended March 2025 as against Rs 41.50 crore during the previous quarter ended March 2024. Sales rose 32.81% to Rs 752.01 crore in the quarter ended March 2025 as against Rs 566.21 crore during the previous quarter ended March 2024. For the full year,net profit rose 18.79% to Rs 167.03 crore in the year ended March 2025 as against Rs 140.61 crore during the previous year ended March 2024. Sales rose 18.69% to Rs 2620.91 crore in the year ended March 2025 as against Rs 2208.17 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales752.01566.21 33 2620.912208.17 19 OPM %10.6413.09 -11.9412.37 - PBDT79.1974.71 6 316.37267.97 18 PBT52.8454.60 -3 226.61185.90 22 NP34.9541.50 -16 167.03140.61 19 Powered by Capital Market - Live

Pricol-New will hold a meeting of the Board of Directors of the Company on 15 May 2025.Powered by Capital Market - Live

Pricol has divested its wiping business division to Auto Ignition on slump sale basis on 31 January 2025.Powered by Capital Market - Live

Net profit of Pricol rose 21.84% to Rs 41.45 crore in the quarter ended December 2024 as against Rs 34.02 crore during the previous quarter ended December 2023. Sales rose 10.54% to Rs 615.91 crore in the quarter ended December 2024 as against Rs 557.19 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales615.91557.19 11 OPM %12.1912.17 - PBDT76.8565.06 18 PBT54.4544.06 24 NP41.4534.02 22 Powered by Capital Market - Live

The Board of Pricol at their meeting held today, 02 January 2025 has approved divestment of wiping business division of the Company to Auto Ignition on a slump sale basis for a consideration of Rs 20 crore. The revenue from operations of wiping business division is Rs 66.36 crore in FY24. Powered by Capital Market - Live

Pricol has received revision in credit rating from India Ratings Stable/ IND A1+ (upgraded) Fund based/ and non-fund based working capital limits (Rs 25 crore) - IND A+; Stable/ IND A1+ (assigned) Long term loans (Rs 27.72 crore) - Rating Withdrawn Powered by Capital Market - Live

Revenue from operations increased 15.53% YoY to Rs 650.07 crore in Q2 FY25. Profit before tax was at Rs 60 crore in the second quarter of FY25, up 35.74% as against Rs 44.20 crore posted in Q2 FY24. During the quarter, EBITDA jumped 24.70% YoY to Rs 87.12 crore while EBITDA margin stood at 13.40%. On half year basis, the company's net profit gained 39.23% to Rs 906.31 crore on 15.50% rise in revenue from operations to Rs 12,530 crore in H1 FY25 over H1 FY24. Vikram Mohan, MD, said, 'Even as the overall industry experiences a relatively muted growth across the vehicle segments, I am pleased to share that we have sustained our growth momentum. Our strategic initiatives and focus on operational excellence are consistently delivering positive outcomes, as evidenced by our steady performance and the recent successful launch of new products. The positive feedback from our customers underscores our dedication to quality and innovation. While market dynamics vary across segments, with particularly strong growth in the two-wheeler space, our diversified approach and commitment to technological advancement continue to drive our progress. We remain dedicated to our growth ambitions and to creating sustainable value for all our stakeholders.' Pricol is manufactures automotive components for motorcycles, scooters, cars, trucks, buses, tractors and Off-road vehicles used in the construction and Industrial segment. Pricol also manufacture sintered components and products for fleet management. Shares of Pricol fell 0.49% to currently trade at Rs 474.45 on the BSE.Powered by Capital Market - Live

Net profit of Pricol rose 35.96% to Rs 45.07 crore in the quarter ended September 2024 as against Rs 33.15 crore during the previous quarter ended September 2023. Sales rose 15.54% to Rs 650.08 crore in the quarter ended September 2024 as against Rs 562.66 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales650.08562.66 16 OPM %11.8811.81 - PBDT80.6865.35 23 PBT60.0044.20 36 NP45.0733.15 36 Powered by Capital Market - Live