Pricol Limited Earnings Summary — Q1 FY2027
Pricol Limited Reports 34.3% YoY Revenue Growth and Strong Profit Expansion in Q1 FY27
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue has increased for 7 consecutive quarters.
- Revenue of ₹1,105 Cr is 23.5% higher year-on-year.
- Revenue has compounded at 32.8% annualised over the last 10 quarters.
- Revenue is at its highest level in 10 quarters.
- Net profit of ₹67 Cr is 34.3% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Net profit has compounded at 23.7% annualised across the period.
- Operating margin stands at 11.3% in Q1 FY2027.
- Operating margin expanded by 20 bps year-on-year.
- Over the last two years operating margin has contracted by 173 bps.
- PBT margin is 7.9%.
- Expense growth of 23.2% remained below revenue growth of 23.5%.
- Operating profit of ₹124 Cr is 25.7% higher year-on-year.
- Operating leverage continues to improve.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 74/100 (Strong) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Improving | 1,105 | 1,099 | 1,039 | 1,007 | 895 | 769 | 634 | 669 | 620 | 584 |
| Expenses | Improving | 981 | 968 | 918 | 889 | 796 | 689 | 559 | 592 | 539 | 510 |
| Operating Profit | Improving | 124 | 131 | 121 | 118 | 99 | 80 | 75 | 77 | 80 | 74 |
| Operating Margin | Stable | 11.3% | 11.9% | 11.7% | 11.7% | 11.1% | 10.4% | 11.8% | 11.6% | 13.0% | 12.7% |
| Other Income | Volatile | 2 | 4 | 2 | 3 | 2 | 4 | 4 | 6 | 2 | 4 |
| Interest | Improving | 8 | 8 | 9 | 7 | 6 | 5 | 2 | 3 | 3 | 4 |
| Depreciation | Improving | 32 | 31 | 30 | 30 | 29 | 26 | 22 | 21 | 20 | 20 |
| Profit Before Tax | Improving | 87 | 96 | 85 | 85 | 66 | 53 | 54 | 60 | 59 | 55 |
| Tax | Improving | 20 | 23 | 21 | 21 | 16 | 18 | 13 | 15 | 14 | 13 |
| Net Profit | Improving | 67 | 73 | 64 | 64 | 50 | 35 | 41 | 45 | 46 | 42 |
| Net Margin | Stable | 6.1% | 6.7% | 6.1% | 6.4% | 5.6% | 4.5% | 6.5% | 6.7% | 7.3% | 7.1% |
Key Takeaways
- Consolidated revenue from operations grew 23.46% YoY to ₹1,083.58 crores, showcasing steady demand in automotive components.
- Net profit for the quarter rose by 34.3% YoY to ₹67.02 crores, despite a sequential dip from the record March 2026 quarter.
- The Board approved a major corporate restructuring to demerge the Driver Information & Connected Vehicle Solutions (DICVS) business into a new entity.
- Standalone results show a 24.7% YoY revenue growth, indicating strong domestic performance within the primary automotive segment.
- Employee benefit expenses increased to ₹126.56 crores from ₹107.66 crores YoY, reflecting organizational expansion and professionalization.
- Finance costs remained well-managed at ₹7.52 crores, slightly lower than the immediate prior quarter (₹8.23 crores).
Management Guidance
Management remains focused on the 'Pricol 2.0' vision, transitioning from mechanical to electronic high-value components and sensors. The demerger of the DICVS business is intended to unlock shareholder value and provide strategic focus for connected vehicle solutions.
Sentiment Shift
Stable
Performance remains robust on a YoY basis with sustained growth in top and bottom lines, though sequential margins saw slight pressure compared to the exceptional Q4 FY26.
Outlook
The outlook is positive driven by market share dominance (55-60%) in the domestic instrument cluster segment and a shift toward premium digital clusters. The demerger is expected to streamline operations for the high-growth electronics segment.
From the Annual Report (Key Quotes)
“The Board approved a Scheme of Arrangement involving the demerger of its Driver Information & Connected Vehicle Solutions (DICVS) business undertaking.”
“Profit for the period stood at ₹67.02 Crores compared to ₹49.89 Crores in the same quarter last year.”
“Total Income for the quarter reached ₹1,107.86 Crores, a significant jump from ₹897.59 Crores YoY.”
Official Quarterly Documents
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This summary is AI-generated from Pricol Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.