On consolidated basis
Quarter ended March 2025 compared with Quarter ended March 2024.
Net sales (including other operating income) of Pricol has increased 31.70% to Rs 769.36 crore. Operating profit margin has declined from 12.69% to 10.40%, leading to 7.99% rise in operating profit to Rs 80.05 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 66.03% to 66.72%. Purchase of finished goods cost fell from 3.23% to 2.52%. Employee cost increased from 11.04% to 13.16%. Other expenses fell from 7.36% to 7.31%. Other income fell 0.23% to Rs 4.34 crore. PBIDT rose 7.53% to Rs 84.39 crore. Provision for interest rose 37.57% to Rs 5.2 crore. Loan funds rose to Rs 183.34 crore as of 31 March 2025 from Rs 53.74 crore as of 31 March 2024. Inventories rose to Rs 362.63 crore as of 31 March 2025 from Rs 320.27 crore as of 31 March 2024. Sundry debtors were higher at Rs 472.74 crore as of 31 March 2025 compared to Rs 287.04 crore as of 31 March 2024. Cash and bank balance declined from Rs 113.64 crore as of 31 March 2024 to Rs 102.02 crore as of 31 March 2025. Investments rose to Rs 14.08 crore as of 31 March 2025 from Rs 6.37 crore as of 31 March 2024 . PBDT rose 6.01% to Rs 79.19 crore. Provision for depreciation rose 31.09% to Rs 26.35 crore. Fixed assets increased to Rs 889.56 crore as of 31 March 2025 from Rs 610.29 crore as of 31 March 2024. Intangible assets declined from Rs 59.60 crore to Rs 51.72 crore. Profit before tax down 3.22% to Rs 52.84 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 17.89 crore, compared to Rs 13.1 crore. Effective tax rate was 33.86% compared to 23.99%. Minority interest was nil in both the periods. Net profit attributable to owners of the company decreased 15.78% to Rs 34.95 crore. Equity capital stood at Rs 12.19 crore as of 31 March 2025 to Rs 12.19 crore as of 31 March 2024. Per share face Value remained same at Rs 1.00. Promoters’ stake was 38.51% as of 31 March 2025 ,compared to 38.51% as of 31 March 2024 .
Full year results analysis.
Net sales (including other operating income) of Pricol has increased 18.49% to Rs 2691.92 crore. Operating profit margin has declined from 12.02% to 11.62%, leading to 14.59% rise in operating profit to Rs 312.89 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 65.70% to 66.16%. Purchase of finished goods cost fell from 3.11% to 2.91%. Employee cost increased from 11.43% to 12.09%. Other expenses fell from 7.87% to 7.21%. Other income rose 26.44% to Rs 16.64 crore. PBIDT rose 15.14% to Rs 329.53 crore. Provision for interest fell 27.84% to Rs 13.17 crore. Loan funds rose to Rs 183.34 crore as of 31 March 2025 from Rs 53.74 crore as of 31 March 2024. Inventories rose to Rs 362.63 crore as of 31 March 2025 from Rs 320.27 crore as of 31 March 2024. Sundry debtors were higher at Rs 472.74 crore as of 31 March 2025 compared to Rs 287.04 crore as of 31 March 2024. Cash and bank balance declined from Rs 113.64 crore as of 31 March 2024 to Rs 102.02 crore as of 31 March 2025. Investments rose to Rs 14.08 crore as of 31 March 2025 from Rs 6.37 crore as of 31 March 2024 . PBDT rose 18.06% to Rs 316.36 crore. Provision for depreciation rose 9.37% to Rs 89.75 crore. Fixed assets increased to Rs 889.56 crore as of 31 March 2025 from Rs 610.29 crore as of 31 March 2024. Intangible assets declined from Rs 59.60 crore to Rs 51.72 crore. Profit before tax grew 21.90% to Rs 226.61 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 59.58 crore, compared to Rs 45.29 crore. Effective tax rate was 26.29% compared to 24.36%. Minority interest was nil in both the periods. Net profit attributable to owners of the company increased 18.79% to Rs 167.03 crore. Equity capital stood at Rs 12.19 crore as of 31 March 2025 to Rs 12.19 crore as of 31 March 2024. Per share face Value remained same at Rs 1.00. Promoters’ stake was 38.51% as of 31 March 2025 ,compared to 38.51% as of 31 March 2024 . Business highlights
In Q4 FY25, Pricol Precision Products (a
wholly owned subsidiary of Pricol) has acquired the Injection Moulded Plastic
Component Solutions Division of Sundaram Auto Components on a slump sale basis
on 31st January 2025.
Management Comments :
Mr. Vikram Mohan, Managing Director, said, “Our
performance for this quarter underscores both the progress we have made and the
obstacles we have encountered in a balanced manner. Strategic efforts have led
to meaningful gains in many areas; however, the current geopolitical climate
has had an impact on our overall results. We have taken multiple actions to
counter the effects of the same ; the results of which will be visible from Q2
of FY 26 onwards. Nevertheless, our sustained commitment to technological
advancement is opening many more doors, which will ensure steady growth and a
good future for our company. Looking forward, we are taking deliberate steps to
address operational challenges while reinforcing our focus on delivering
enduring value for our stakeholders.”
| Pricol : Consolidated Results | | | Quarter ended | Year ended |
|---|
| Particulars | 202503 | 202403 | Var.(%) | 202503 | 202403 | Var.(%) |
|---|
| Net Sales (including other operating income) | 769.36 | 584.16 | 31.70 | 2,691.92 | 2,271.78 | 18.49 | | OPM (%) | 10.40 | 12.69 | -229 bps | 11.62 | 12.02 | -40 bps | | OP | 80.05 | 74.13 | 7.99 | 312.89 | 273.05 | 14.59 | | Other Inc. | 4.34 | 4.35 | -0.23 | 16.64 | 13.16 | 26.44 | | PBIDT | 84.39 | 78.48 | 7.53 | 329.53 | 286.21 | 15.14 | | Interest | 5.20 | 3.78 | 37.57 | 13.17 | 18.25 | -27.84 | | PBDT | 79.19 | 74.70 | 6.01 | 316.36 | 267.96 | 18.06 | | Depreciation | 26.35 | 20.1 | 31.09 | 89.75 | 82.06 | 9.37 | | PBT | 52.84 | 54.60 | -3.22 | 226.61 | 185.9 | 21.90 | | Share of Profit/(Loss) from Associates | 0 | 0 | - | 0 | 0 | - | | PBT before EO | 52.84 | 54.6 | -3.22 | 226.61 | 185.9 | 21.90 | | EO Income | 0 | 0 | - | 0 | 0 | - | | PBT after EO | 52.84 | 54.6 | -3.22 | 226.61 | 185.9 | 21.90 | | Taxation | 17.89 | 13.1 | 36.56 | 59.58 | 45.29 | 31.55 | | PAT | 34.95 | 41.5 | -15.78 | 167.03 | 140.61 | 18.79 | | Minority Interest (MI) | 0 | 0 | - | 0 | 0 | - | | Net profit | 34.95 | 41.5 | -15.78 | 167.03 | 140.61 | 18.79 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 34.95 | 41.5 | -15.78 | 167.03 | 140.61 | 18.79 | | EPS (Rs)* | 2.87 | 3.40 | -15.78 | 13.70 | 11.54 | 18.79 | | | * EPS is on current equity of Rs 12.19 crore, Face value of Rs 1, Excluding extraordinary items. | | # EPS is not annualised | | bps : Basis points | | EO : Extraordinary items | | Figures in Rs crore | | Source: Capitaline Corporate Database |
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