Pricol Limited reported a 23.46% year-on-year increase in consolidated revenue from operations to ₹1,083.58 crore for the first quarter of financial year 2026-27, while profit after tax rose 34.34% to ₹67.02 crore. The auto component manufacturer, however, cautioned that higher material, freight and inventory costs could continue to weigh on profitability in the near term.
The company’s consolidated earnings before interest, taxes, depreciation and amortisation, or EBITDA, increased 21.42% from the corresponding quarter of the previous financial year to ₹123.69 crore.
Pricol’s EBITDA margin stood at 11.41% during the quarter ended June 30, 2026. Basic and diluted earnings per share rose 34.47% year-on-year to ₹5.50.
The figures indicate healthy growth in both revenue and profit, although operating margins remained under pressure. Put simply, the company’s topline maintained its speed, but rising costs kept a firm foot on the profitability brake.
Higher costs weigh on margins
Pricol Chairman and Managing Director Vikram Mohan said the company continued to record positive growth, but profitability was affected by increases in raw material prices, inventory holding costs and freight expenses, along with depreciation of the Indian rupee.
“While the Company continued to deliver positive growth, profitability remained under pressure during the period. The increase in raw material prices, inventory holding costs and freight expenses, together with the depreciation of the Indian rupee, adversely impacted margins. Although we have initiated cost-optimisation, productivity and pricing interventions, only a portion of these additional costs is recoverable from our customers typically with a lag of three to six months. Consequently, these pressures are expected to continue to weigh on near-term profitability. The broader operating environment also remains volatile, given ongoing geopolitical developments and disruptions across global trade and supply chains. We remain focused on maintaining business continuity, exercising cost discipline and improving operational efficiency, while continuing to invest strategically in innovation, manufacturing capabilities and customer engagement.”
The management’s comments suggest that pricing revisions may not immediately offset the increase in input and logistics expenses. According to the company, recoveries from customers typically take between three and six months, creating a temporary mismatch between higher costs and corresponding price adjustments.
Pricol also pointed to geopolitical developments and disruptions in international trade and supply chains as continuing risks to the operating environment.
Supplier awards during the quarter
During the quarter, Pricol received the “Best Localisation Through VA-VE” award from Suzuki Motorcycle India at its annual supplier conference. The recognition was given for the company’s work in innovation, localisation and value engineering.
The company was also presented with the “Winner Award – Champions of ESG FY27” by Ashok Leyland, recognising its initiatives related to environmental, social and governance practices.
Pricol is listed on the BSE under the code 540293 and on the National Stock Exchange under the symbol PRICOLLTD.
The company said its financial results for the quarter ended June 30, 2026, had been prepared in accordance with Indian Accounting Standards and were available through the investor relations section of its website.
Pricol scheduled an earnings conference call for July 31, 2026, at 4 pm IST to discuss its quarterly financial performance with analysts and institutional investors.
The quarter’s results underline a broader challenge facing automotive component manufacturers: maintaining growth while absorbing volatile commodity, currency and logistics costs. Pricol’s ability to convert its expanding revenue base into stronger margins will therefore depend not only on demand, but also on how quickly its cost-saving and customer-pricing measures begin to take effect.
Q1-FY27 Consolidated Financial Performance:
| Revenue From OperationsQ1-FY27:INR 1,083.58 Crores YoY Growth: 23.46% | EBITDAQ1-FY27:INR 123.69 Crores YoY Growth: 21.42% | EBITDA MarginQ1-FY27:11.41 % | PATQ1-FY27:INR 67.02 Crores YoY Growth: 34.34% | Earnings Per Share (EPS) – Basic & DilutedINR 5.50 YoY Growth: 34.47% |
