Pricol Limited has informed the Exchange about General Updates
PRICOLLTD · price
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Pricol Limited's board, at its 15th May 2025 meeting, fixed 6th August 2025 as the date of the 14th AGM (via video conference) with an e-voting cut-off of 30th July 2025. The board recommended re-appointment of Mr. Navin Paul as Independent Director for a second 5-year term (22 Oct 2025 to 21 Oct 2030), subject to shareholder approval, and re-appointed Mr. G. Sivagurunathan as Cost Auditor for FY 2025-26. It also approved the appointment of Mr. P. Eswaramoorthy as Secretarial Auditor for 5 years (FY 2025-26 to 2029-30). The accompanying press release reported FY25 consolidated revenue of INR 26,209.12 Mn (up 18.69% YoY), EBITDA of INR 3,341.09 Mn (up 19.91%), and PAT of INR 1,670.30 Mn (up 18.79%), while Q4-FY25 revenue grew 32.81% YoY to INR 7,520.11 Mn with PAT of INR 349.48 Mn. The company also completed the acquisition of Sundaram Auto Components' Injection Moulded Plastic Component Solutions Division via its wholly owned subsidiary in January 2025.
Strong double-digit growth in FY25 revenue, EBITDA, and PAT, combined with the Sundaram Auto Components acquisition, are positive signals for shareholders, though management flagged geopolitical headwinds with recovery expected from Q2-FY26. Investors should watch the 6th August AGM where the director re-appointment and secretarial auditor appointment will require their approval.