Manufactures automotive components and sub-systems for two-wheeler, passenger car and commercial vehicle OEMs in India. The largest segment is Driver Information and Connected Vehicle Solutions (DICVS), which made up about 61% of FY26 consolidated turnover at ₹2,424.63 cr, and which supplies instrument clusters, driver information displays and connected vehicle solutions to OEMs such as TATA Motors (whose 75-80% of cars are equipped with Pricol clusters). Other businesses include the P3L subsidiary (FY26 revenue of ₹924 cr, 9.24% EBITDA margin, on track to double turnover in 3 years), the Actuation, Control and Fluid Management Systems (AC-FMS) line that grew ~30% in FY26, and a Precision Products business. Q1 FY27 consolidated revenue was ₹1,083.58 cr (+23.46% YoY), with two-wheeler revenue up 28% against industry growth of ~23%. The polymer division, which has a current turnover capacity of ₹1,000 cr that is being scaled to ₹2,000 cr post-capex, posted ₹249 cr of Q1 FY27 revenue at 7.8% EBITDA and is the most exposed to raw-material cost spikes. A scheme of demerger has been approved to spin off DICVS into a separately listed entity called Pricol Autotech Limited, with shareholders receiving one Pricol Autotech share for every one Pricol share held; Pricol would retain ACFMS and Precision Products. A ₹700 cr capex programme over 18-24 months is split as ₹400 cr into polymer, ₹150-180 cr into DICVS and ~₹120 cr into AC-FMS. The biggest cost driver is raw materials at 68.2% of revenue, with polymers, aluminium and semiconductors each seeing sharp cost inflation in Q4 FY26. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Driver Information and Connected Vehicle Solutions (DICVS) (61%), P3L subsidiary, Actuation, Control and Fluid Management Systems (AC-FMS), Precision Products, Polymer division. Cyclical, asset-heavy Indian auto components supplier exposed to OEM order cycles and input cost shocks.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,545 | 1,959 | 2,272 | 2,692 | 4,041 |
| EBITDA (ex other income) | 181 | 238 | 273 | 313 | 469 |
| margin % | 11.7 | 12.2 | 12.0 | 11.6 | 11.6 |
| Owners' profit | 0 | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 4.52 | 10.23 | 11.54 | 13.70 | 20.57 |
| ROE % · ROCE % | 9.5 · 14.1 | 17.7 · 20.4 | 16.6 · 22.4 | 16.4 · 20.1 | 20.0 · 25.7 |
| Debt / equity (x) | 0.22 | 0.13 | 0.06 | 0.12 | 0.29 |
| Cash from operations | 183 | 166 | 255 | 309 | 281 |
| Capex | (48) | (85) | (143) | (216) | (323) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 669 | 634 | 769 | 895 | 1,007 | 1,039 | 1,099 | 1,105 |
| Profit before tax | 60 | 54 | 53 | 66 | 85 | 85 | 96 | 87 |
| Net profit | 45 | 41 | 35 | 50 | 64 | 64 | 73 | 67 |
| EPS (₹) | 3.70 | 3.40 | 2.87 | 4.09 | 5.25 | 5.22 | 6.00 | 5.50 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SAMVRDHNA MTHRSN INTL LTD | 1,73,567 | 39.6 | 3.98 | 15.4 | 9.4 | 8.2 | 17.1 | 9.0 |
| BOSCH LIMITED | 1,42,736 | 60.4 | 9.61 | 35.1 | 18.7 | 24.1 | 15.6 | 17.9 |
| BHARAT FORGE LTD | 92,992 | 131.7 | 9.73 | 33.3 | 11.4 | 13.2 | 21.6 | 8.8 |
| UNO MINDA LIMITED | 69,386 | 57.6 | 9.56 | 31.7 | 17.7 | 15.7 | 25.3 | 10.4 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 1 Sept 2026 · Pricol files newspaper notice for lost share certificate | compliance | minimal | — | — |
| 21 Aug 2026 · Newspaper notice on physical share transfer window for shareholders | compliance | minimal | — | — |
| 6 Aug 2026 · Pricol AGM 2026: All 7 Resolutions Approved, New Executive Directors Confirmed | board shareholder meetings | low | — | — |
| 5 Aug 2026 · Pricol 15th AGM held, 7 resolutions passed, voting results awaited | board shareholder meetings | low | — | — |
| 4 Aug 2026 · Pricol Q1FY27 concall: revenue up 23%, margins under pressure, demerger on track | investor communications | medium | — | — |
| 4 Aug 2026 · Pricol to attend Emkay Confluence 2026 investor meet on Aug 13 | board shareholder meetings | low | — | — |
| 31 Jul 2026 · Pricol shares link to Q1 FY27 investor call audio recording | investor communications | low | — | — |
| 31 Jul 2026 · Pricol Q1 FY27 investor presentation filed with exchanges | investor communications | medium | — | — |
| 31 Jul 2026 · Pricol Q1FY27 standalone net profit up 26 percent at Rs 49.43 crore | compliance | minimal | — | — |
| 30 Jul 2026 · Pricol designates COO Tool Room Ravi Raja Singh C as Senior Management Personnel | management changes | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| SCHAEFFLER INDIA LIMITED |
| 61,739 |
| 49.3 |
| 10.04 |
| — |
| 10.4 |
| 14.1 |
| — |
| 19.4 |
| TUBE INVEST OF INDIA LTD | 50,454 | 83.1 | 3.55 | 19.5 | 7.9 | 12.4 | 30.3 | 10.6 |
| SONA BLW PRECISION FRGS L | 49,016 | 70.4 | 7.99 | 42.6 | 10.3 | 12.9 | — | 25.1 |
| ENDURANCE TECHNO. LTD. | 37,964 | 39.1 | 5.55 | 18.6 | 13.9 | 15.6 | 17.4 | 13.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 34.8 | 26.7 | 79 of 123 | 36% |
| P/B | 7.4 | 3.5 | 95 of 116 | 18% |
| ROCE | 23.6 | 12.6 | 19 of 125 | 86% |
| ROE | 20.0 | 11.6 | 21 of 119 | 83% |
| Debt / Equity | 0.3 | 0.3 | 65 of 119 | 46% |
| EBITDA margin | 11.5 | 12.2 | 67 of 118 | 44% |
| Revenue growth | 23.5 | 20.2 | 46 of 113 | 60% |
| Profit growth | 34.3 | 24.4 | 48 of 115 | 59% |
| Market cap | 9329 | 1542 | 29 of 125 | 77% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
