Pricol Ltd Stock Analysis

BSE: 540293 | NSE: PRICOLLTD | Auto Ancillary | Small Cap

BSE Share Price 06-Dec-2022 15:06
193.40 9.00 (4.88%)

DeciZen - Make an Informed Decision on Pricol

Overall Rating

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Pricol Price Chart

P/E Ratio (SA) :
25.38
Market Cap :
2,247.5 Cr.
52-wk low :
96.5
52-wk high :
208
Bole Toh?

1. Is Pricol Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Pricol Ltd is a average quality company.

2. Is Pricol Ltd undervalued or overvalued?

The key valuation ratios of Pricol Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Pricol Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Pricol Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Pricol:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Pricol Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 0%0%0%6.6%10.7%7.7%-5.2%-6.7%6.9%9.1%-
Value Creation Index NANANA-0.5-0.2-0.5-1.4-1.5-0.5-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0001221,2661,3181,3771,2001,3901,4761,657
YoY Gr. Rt. %-NANANA940.7%4.2%4.5%-12.9%15.8%6.2%-
Adj EPS 0000.34.46.3-5.8-7.323.97.3
YoY Gr. Rt. %-NANANA1380%41.2%-193.1%NANA91.5%-
BVPS (₹) 0005.178.482.56040.34346.751.4
Adj Net Profit 0003.447.366.9-62.3-78.124.546.989
Cash Flow from Ops. 0001.886.214684.7181128188-
Debt/CF from Ops. 0001.11.30.93.11.91.80.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA3.1%2.3%6.2%
Adj EPS NA-2.8%NA91.5%
BVPS 0-9.9-8.18.6
Share Price - 14.1% 78.1% 69.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 0005.910.67.8-8.2-14.65.28.614.8
Op. Profit Mgn % 0006.210.6137.17.313.311.411.7
Net Profit Mgn % 0002.83.75.1-4.5-6.51.83.25.4
Debt to Equity 00000.10.10.40.80.40.20.1
Working Cap Days 000058128137139118120103
Cash Conv. Cycle 00001128363123356

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 14.80%

Sales growth is good in last 4 quarters at 11.70%

Sales growth has been subdued in last 3 years 2.33%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Pricol Ltd.

Standalone Consolidated
TTM EPS (₹) 7.3 8.4
TTM Sales (₹ Cr.) 1,657 1,733
BVPS (₹.) 51.4 53.6
Reserves (₹ Cr.) 614 642
P/BV 3.59 3.44
PE 25.38 21.91
From the Market
52 Week Low / High (₹) 96.45 / 208.00
All Time Low / High (₹) 19.47 / 208.00
Market Cap (₹ Cr.) 2,247
Equity (₹ Cr.) 12.2
Face Value (₹) 1
Industry PE 36.7

Management X-Ray of Pricol :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Pricol

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Pricol Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Pricol on 06-Dec-2022 15:06 is : 193.4.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Dec-2022 15:06 the market cap of Pricol stood at ₹ 2,247.5.
The latest PE ratio of Pricol as of 06-Dec-2022 15:06 is 25.38.
The latest PB ratio of Pricol as of 06-Dec-2022 15:06 is 3.59
The 52-week high of Pricol is ₹ 208.0 and the 52-week low is ₹ 96.45.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Pricol is ₹ 1,657 ( Cr.) .

About Pricol Ltd

Pricol Limited (formerly known as Premier Instruments & Controls Ltd) commenced its operations in 1975 in Coimbatore, South India in the manufacture of automotive instruments. Committed to leadership and excellence and guided by its core values, Pricol continues its stride as a reputable global brand in the automotive component and products business.

Presently, the company provides leading automobile and industrial brands with precision-engineered technological solutions in various countries with thousands of product variants. Pricol group is powered by strong, dedicated and skilled workforce across many countries which resolutely pursues the mission to be passionate, sustainable, dynamic and evolving.

Business area of the company

The company is engaged in the business of manufacturing and selling of Instrument clusters and other allied automobile components to Original Equipment Manufacturers (OEM) and replacement markets.

Product and solutions

By Vehicle segments

  • 2 Wheelers
  • 3 Wheelers
  • Cars and Vans
  • Tractors
  • Commercial Vehicles
  • Off Road Vehicles
  • Industrial

By Verticals

  • Driver information systems and sensors
  • Pumps and allied products
  • Telematics
  • Wiping systems

Awards and recognitions

  • 2015-2016: Plants 3 and 4 win the CII Award
  • 2016: Pricol wins third prize in ACMA South Region 8th Kaizen
  • 2016: The company’s plant 6, bags Quality Gold Consistency Award
  • 2016: Pricol Plant 5 wins at the CII Regional Kaizen Competition
  • 2016: Pricol wins the IEI Industry Excellence Award
  • 2016: Pricol plant 5 team bags the Golden Bajaj Quality Award
  • 2016-17: Pricol wins National Award For Outstanding Industrial Relations
  • 2017: Pricol wins the Business Excellence Leader Award
  • 2018: Pricol wins Clean India Mission & CSR Activities

History & Milestone

  • 1975: Commencement of commercial Production at Plant I. Creation of Trade Mark- PRICOL. (Premier Instruments Coimbatore Limited).
  • 1981: Name of company changed to Premier Instruments & Controls Limited from Premier Instruments Coimbatore Limited.
  • 1988: Established Plant II at Gurgaon, Which commenced commercial operations from May 1988.
  • 1993: Listing in The Stock Exchange, Mumbai and Coimbatore Stock Exchange.
  • 1996: Listing in National Stock Exchange, Mumbai.
  • 1999: Established Plant III at, Chinnamathampalayam, Coimbatore, which commenced commercial production in September 1999.
  • 2004: Name of company changed to Pricol Limited from Premier Instruments & Controls Limited.
  • 2004: Plant II Shifted to expanded own premises at Manesar, National Capital Region.
  • 2007: Incorporation of PT Pricol Surya, Wholly owned Subsidiary in Indonesia.
  • 2008: Production commenced at Plant VI at Pantnagar, Uttarakhand.
  • 2011: Incorporation of Pricol Pune Limited, Wholly Owned Subsidiary in Pune.
  • 2015: Acquisition of “Melling do Brasil Componentes Automotivos LtdA”, Brazil Subsequently the name was changed to “Pricol do Brasil Componentes Automotivos LtdA”. New logo and a new corporate mission statement for the journey forward
  • 2016: 2016 - Amalgamation with Pricol Pune Limited and subsequently renamed to Pricol Limited.
  • 2017: Commissioned a state-of-the-art Greenfield manufacturing plant in Pune.
  • 2017: Acquisition of PMP Auto Components Pvt. Ltd. a leading global manufacturer of Automotive Wiping systems. Increases manufacturing presence in North America and Europe through this acquisition.
  • 2017: Technical Partnership with Kerda Technologies for Oxygen Sensors and ACHR for Fuel Pump Modules.
  • 2018: Partnership with Dongguan Shenpeng Electronics Co Limited for Electrical Water Pumps.
  • 2020: Pricol has completed the sale of 100% shareholding held by it, in the Wholly Owned Subsidiary Company -- Pricol Espana Sociedad Limitada, Spain, along with its Wholly Owned subsidiary company, Pricol Wiping Systems Czech.
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