Transcript for the con-call held on Friday, 15th May 2026 pertaining to company''s audited financial results for the quarter and year ended 31st March 2026
PRICOLLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Pricol Ltd reported Q4 FY26 revenue of INR 1077.9 crores (crossing the INR 1000 crore mark) with EBITDA of INR 143.28 crores (13.29% margin) and PAT of INR 73.23 crores. For the full year FY26, revenue was nearly INR 4000 crores with EBITDA of INR 492.91 crores (12.44% margin) and PAT of INR 250.80 crores, delivering 51% revenue growth and 48% EBITDA growth year-on-year. Management flagged severe headwinds including polymer prices up 55%, aluminum up 62%, semiconductor costs up 35%, and rupee depreciation, warning of expected softening in earnings going forward. The company has planned CAPEX of INR 680-700 crores for FY27 to support a strong new business pipeline, maintaining a conservative debt-equity ratio of 0.5-0.6. P3L achieved INR 924 crores revenue with 9.24% EBITDA margin and remains on track to double turnover in 3 years. The company confirmed LOIs for most programs and expects to maintain market share in instrument clusters, with 75-80% of TATA Motors cars now using Pricol clusters.
Pricol delivered strong FY26 results but faces significant margin pressure from raw material inflation and geopolitical headwinds. While the company maintains its medium-to-long term growth strategy and is not cutting critical investments, near-term earnings are expected to soften. The stock may face pressure if cost pass-through negotiations with OEMs are incomplete.