Press release in respect of Audited Financial results for the quarter and year ended 31st March 2026
PRICOLLTD · price
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Pricol Limited reported strong FY26 consolidated revenue of INR 3,963.85 crores, up 51.24% YoY, crossing the INR 4,000 crore milestone in total income. EBITDA grew 47.53% to INR 492.91 crores with margins at 12.44%, while PAT surged 50.15% to INR 250.80 crores with EPS of INR 20.57. Q4 FY26 showed even stronger momentum with 43.34% revenue growth and 109% EPS growth. The company completed a leadership transition with Mrs. Vanitha Mohan stepping down as Chairman after 35 years, succeeded by Mr. Vikram Mohan as Chairman & Managing Director. Two new executive directors—Ms. Madhura Mohan (promoter family member) and Mr. Siddharth Manoharan—were appointed. The board also approved an additional INR 150 crore corporate guarantee to wholly-owned subsidiary Pricol Precision Products, taking total guarantees to INR 400 crores.
Exceptional revenue and profit growth demonstrates strong execution amid industry headwinds. Leadership transition to family next generation is smooth but increases related party exposure. The expanded corporate guarantee to WOS adds contingent liability risk for shareholders.