Pricol Ltd
About
Pricol began in 1975 in Coimbatore, Tamil Nadu, as an automotive instruments and products manufacturer. The company works with three major business verticals: driver information and connected vehicle solutions, actuation, control, and fluid management systems, and polymer products. Under these, its product portfolio includes battery management systems, display and infotainment systems, telematics, sensors, coolant pumps, disc brakes, oil pumps, electronic purge valves, and more. Pricol has served notable clients like BMW, Royal Enfield, Tata, Maruti Suzuki, JCB, CAT, and Kirloskar, among others, under the two-wheeler, passenger and commercial vehicles, off-road vehicles, tractors, and industrial categories. The company operated 3 international offices in 9 manufacturing locations internationally, while there are 5 Pricol units in India along with 2 tech centres. Majorly, it serves 5 countries in the Middle East and Southeast Asia, including India, the UAE, Singapore, Japan, and Indonesia.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 2311 16.5% | 1983 28.4% | 1545 5.5% | 1464 18.4% | 1237 -32.0% | 1819 32.5% | 1374 -8.9% | 1508 1132.4% | 122 23.3% | 99 - |
| Net Operating Income (INR Cr) | 2272 15.99% | 1959 26.79% | 1545 9.31% | 1413 14.01% | 1239 -31.66% | 1814 33.69% | 1357 -7.91% | 1473 0.00% | 122 25.70% | 97 0.00% |
| Profit (INR Cr) | 141 12.8% | 125 144.1% | 51 23.1% | 42 - | -99 - | -174 - | -49 - | 9 3.0% | 9 - | -13 - |
| Assets (INR Cr) | 928 10.7% | 838 12.2% | 747 -9.4% | 825 -5.1% | 869 -31.6% | 1270 11.2% | 1142 24.0% | 921 1449.6% | 59 3.3% | 58 - |
| Net Worth (INR Cr) | 845 20.0% | 704 22.2% | 576 9.8% | 525 32.1% | 397 -20.4% | 499 -25.0% | 666 -8.2% | 725 0.0% | 57 18.5% | 48 0.0% |
| Employee Cost (INR Cr) | 263 15.5% | 227 18.6% | 192 15.2% | 167 4.5% | 159 -36.5% | 251 48.2% | 169 -29.4% | 240 2038.5% | 11 7.6% | 10 - |
| Interest Cost (INR Cr) | 18 | 18 | 27 | 43 | 34 | 38 | 14 | 19 | 1 | 1 |
| Cash & Bank Balance (INR Cr) | 114 | 84 | 51 | 75 | 42 | 59 | 70 | 28 | 1 | 1 |
| Total Debt (INR Cr) | 61 | 110 | 153 | 279 | 431 | 279 | 448 | 164 | 2 | 9 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 6.1% | 6.3% | 3.3% | 2.8% | - | - | - | 0.6% | 7.3% | - |
| Profit As % Of Assets | 15.2% | 14.9% | 6.8% | 5.0% | - | - | - | 1.0% | 15.1% | - |
| Profit As % Of Networth | 16.6% | 17.7% | 8.9% | 7.9% | - | - | - | 1.3% | 15.6% | - |
| Interest Cost to EBITDA % | 6.7% | 8.0% | 15.1% | 24.2% | 268.6% | - | 24.8% | 17.2% | 5.0% | - |
| Debt to Equity Ratio | 0.07 | 0.16 | 0.27 | 0.53 | 1.09 | 0.56 | 0.67 | 0.23 | 0.03 | 0.18 |
| RONW | 15.4% | 13.6% | 5.6% | 7.2% | - | - | - | 1.1% | 2.1% | - |
| ROCE | 20.0% | 15.5% | 9.4% | 12.4% | 0.0% | 0.0% | 0.0% | 4.4% | 3.1% | 0.0% |