Pricol Q1 FY27 Revenue Rises 23.5% to ₹1,083.6 Crore; PAT Jumps 34.3%

Automotive components manufacturer Pricol Limited reported a strong financial performance for the first quarter of FY2026-27, supported by healthy revenue growth and a sharp improvement in net profit.

For the quarter ended June 30, 2026, Pricol’s consolidated revenue from operations increased by 23.46% year-on-year to ₹1,083.58 crore. The company had reported revenue of approximately ₹877.7 crore during the corresponding quarter of the previous financial year.

Despite facing higher input, freight and inventory-related expenses, Pricol’s profit after tax grew faster than its revenue during the quarter.

Pricol Q1 FY27 Financial Highlights

Particulars	Q1 FY27	YoY Growth
Revenue from Operations	₹1,083.58 crore	23.46%
EBITDA	₹123.69 crore	21.42%
EBITDA Margin	11.41%	—
Profit After Tax	₹67.02 crore	34.34%
Basic and Diluted EPS	₹5.50	34.47%

• The company recorded an EBITDA of ₹123.69 crore, registering a year-on-year increase of 21.42%. However, EBITDA growth remained slightly below revenue growth, reflecting pressure on operating profitability.

• Pricol’s EBITDA margin stood at 11.41% during Q1 FY27.

• Net profit increased by 34.34% to ₹67.02 crore, while basic and diluted earnings per share rose by 34.47% to ₹5.50.

Higher Costs Put Pressure on Margins

Pricol Chairman and Managing Director Vikram Mohan said that while the company continued to deliver positive growth, profitability remained under pressure during the quarter.

The company faced an increase in raw material prices, freight expenses and inventory holding costs. The depreciation of the Indian rupee also negatively affected margins, particularly for imported components and internationally sourced materials.

Pricol has initiated several cost-optimisation, productivity improvement and pricing measures to offset the impact of these additional expenses. However, price increases and cost recoveries from automotive customers generally take between three and six months to materialise. As a result, the company expects cost pressures to continue affecting profitability in the near term.

Global Trade and Supply-Chain Risks Remain

Pricol also highlighted continued volatility in the broader operating environment due to geopolitical developments and disruptions across global trade and supply chains.

The company said it remains focused on:

• Maintaining business continuity

• Improving operational efficiency

• Exercising tighter cost control

• Expanding manufacturing capabilities

• Investing in product and process innovation

• Strengthening engagement with automotive OEM customers

These measures are expected to help the company navigate short-term cost challenges while supporting its longer-term growth strategy.

Pricol Receives Supplier and ESG Awards

During the quarter, Pricol received the “Best Localisation Through VA-VE” award from Suzuki Motorcycle India at its annual supplier conference. The award recognised Pricol’s focus on innovation, localisation and value analysis-value engineering initiatives. Localisation has become increasingly important for automotive suppliers as manufacturers look to reduce import dependence and improve supply-chain resilience.

Pricol was also named a winner under Ashok Leyland’s “Champions of ESG FY27” programme, recognising the company’s environmental, social and governance initiatives.

Diversified Automotive Component Portfolio

Headquartered in Coimbatore, Pricol operates across three major automotive technology and component verticals:

1. Driver Information and Connected Vehicle Solutions

2. Actuation, Control and Fluid Management Systems

3. Precision Products

Its portfolio includes more than 5,200 product variants, including products supplied by its subsidiaries.

Pricol supplies components and technology solutions to automotive manufacturers operating across two-wheelers, three-wheelers, passenger vehicles, commercial vehicles and off-highway vehicle segments. This diversified customer and product base reduces the company’s dependence on any single vehicle category and enables it to benefit from growth across multiple parts of the automotive market.

Manufacturing and International Presence

Pricol currently operates 16 manufacturing plants in India, including subsidiary facilities. Its Indian manufacturing footprint covers locations such as Coimbatore, Manesar, Pantnagar, Pune, Sri City, Mysuru, Narsapura, Hosur, Chennai, Nalagarh, Bhiwadi and Sanand.

The company also has:

• One manufacturing unit in Indonesia

• International offices in Dubai, Tokyo and Singapore

The expanded manufacturing footprint allows Pricol to remain closer to major automotive production clusters and OEM customers.

Pricol recorded 23.46% revenue growth and 34.34% PAT growth during the first quarter of FY2026-27.

Auto Punditz Take

Pricol’s Q1 FY27 performance reflects healthy demand for its automotive components and technology solutions. Revenue growth of more than 23% and PAT growth exceeding 34% indicate strong business momentum.

However, the slower increase in EBITDA compared with revenue highlights the impact of raw material inflation, freight expenses and currency depreciation.

The timing of price compensation from OEM customers will remain an important factor in the coming quarters. If Pricol is able to secure cost recoveries and maintain its revenue growth momentum, operating margins could gradually improve during the second half of the financial year.

For now, the company’s diversified presence across vehicle categories, expanding manufacturing footprint and focus on localisation provide a solid foundation for long-term growth.