Pricol Limited — PPTs, 16-05-2025: Investor Presentation

1. Financial Highlights:

Pricol reported consolidated revenue of INR 2620.91 Cr in FY25, up from INR 2208.17 Cr in FY24. EBITDA grew to INR 334.11 Cr with margin expansion to 12.75% (from 12.05%). PAT increased to INR 167.03 Cr with a slight margin rise to 6.37%. Q4 revenue rose 32.8% YoY to INR 752.01 Cr, EBITDA margin at 11.74%, and PAT at INR 34.95 Cr. ROCE remained strong at 22.86%. The balance sheet shows total equity of INR 1016.03 Cr and net borrowings around INR 80 Cr. Higher inventory and receivables reflect growing volumes.

2. Strategic Initiatives & Growth Drivers:

Pricol’s subsidiary P3L acquired Sundaram Auto Components’ Injection Moulded Plastic Component division for INR 215.3 Cr, boosting product offerings in plastics and EV components. The company invests ~4.5% of revenue in R&D focused on connected vehicle tech, sensors, and fluid management across vehicle segments including EVs.

3. Business Developments:

The acquisition adds 2,500+ employees and 218 injection molding machines over six plants. P3L supports major OEMs like TVS, Hyundai, and Daimler with products spanning two-wheelers, passenger and commercial vehicles. Integration efforts target cross-selling, tech synergies, and expanding OEM reach.

4. Market Position & Competitive Advantage:

Pricol retains a leadership position with a diversified India and global footprint (Indonesia, Singapore, Japan, Dubai). Strong OEM ties, a broad product portfolio, dual technology centers, and 71%-72% renewable energy usage enhance sustainability and competitive edge.

5. Investor Implications:

Acquisition and margin gains signal positive growth potential through enhanced capabilities and diversification in plastics and EV segments. Moderate leverage and high ROCE highlight disciplined capital deployment. Key monitorables include integration progress and revenue growth from P3L to assess margin sustainability and value creation.