Pricol Limited — Investor Meet, 19-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Pricol Limited reports Q4 FY26 revenue of INR 1077.9 Cr (up 43.34% QoQ) and FY26 revenue just shy of INR 4000 Cr (up 51.24% YoY). EBITDA for Q4 was INR 143.28 Cr (13.29% margin) and for FY26 was INR 492.91 Cr (12.44% margin). PAT for Q4 stood at INR 73.23 Cr and for FY26 at INR 250.80 Cr. Net debt as of March 31, 2026, was INR 63.11 Cr, with an accounting regrouping impacting reported debt.

Management acknowledges significant headwinds from geopolitical crises, currency depreciation, and rising raw material/freight costs, expecting short-term softening of earnings and automotive sector slowdown. Despite this, the company remains confident in its ability to navigate these challenges, backed by a strong balance sheet. Strategic investments in R&D, technology, and capacity expansion continue, with planned CAPEX of INR 680-700 Cr for FY27.

The company has maintained its instrument cluster market share by volume and increased by value, with no dip foreseen for three years. P3L is on track to double turnover in three years, though margins may soften temporarily due to forward investments. Exports are at 7%, targeting 10%. M&A opportunities are being cautiously evaluated. Management is committed to mid-to-long term projections and ongoing technological advancements.