Pricol Limited (BSE: 540293; NSE: PRICOLLTD) reported a 53.66% surge in consolidated profit after tax for the third quarter ended Dec. 31, 2025, driven by a sharp rise in operational revenue and steady margins. The company’s net profit rose to INR 63.69 crores, up from INR 41.45 crores in the same period last year. Revenue from operations jumped 65.67% to reach INR 1,020.36 crores, compared with INR 615.91 crores a year earlier.
Strategic Expansion into Electronics
In a move to streamline operations, Pricol’s board approved the incorporation of a new wholly owned subsidiary, tentatively named Pricol Autotech Limited. The new unit will focus on manufacturing and distributing electronic components for both automotive and non-automotive applications.
The company plans to invest up to INR 1 crore in the subsidiary, with the incorporation expected to be completed by March 2026. This move is intended to enhance “operational convenience” as the company expands its footprint in the electronic automotive space.
Operational Highlights
Pricol maintained a steady EBITDA margin of 12.19% for the quarter, with EBITDA growing 59.44% year-over-year to INR 124.41 crores. For the nine-month period ending Dec. 31, the company reported a total profit after tax of INR 177.57 crores, representing a 34.44% growth compared to the previous year.
The quarter was marked by several high-profile product launches for major Original Equipment Manufacturers (OEMs), including:
• Instrument clusters for Suzuki Motorcycle’s Access and Hero MotoCorp’s Xtreme 125R.
• TFT displays for the Bajaj Chetak C2501.
• Oil pumps and suction tubes for the BMW F 450 GS motorcycle.
• New solutions for VE Commercial Vehicles’ TITAN platform.
Management Outlook
We are pleased to report a quarter of steady growth, driven by our unwavering commitment to operational excellence and technological innovation. The company remains focused on building “future-ready, smarter solutions” to maintain its leadership position despite evolving market dynamics. Pricol, which operates 14 manufacturing plants across India and Indonesia, recently received several industry accolades, including being named one of the “Top 100 Innovative Companies” by the Confederation of Indian Industries (CII).
As of Dec. 31, 2025, the company had a market capitalization of INR 8,041.13 crores, with its stock reaching a high of INR 693.00 during the year.