Pricol share price today

Pricol Ltd's share price was ₹644.05 at the close on 30 October 2026. It has been rising for 59 weeks. That is 0.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹517 and ₹797, and at that close it sat 45% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Pricol Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 2 weeks running.

Over the last 9.7 years the share price moved +570% while the NIFTY 500 moved +191%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 16 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare), profit up on a year earlier for 5 quarters in a row and highest quarterly revenue in 15 quarters.

1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare)

   In the June 2026 quarter revenue was ₹1,105 crore, +23.5% on a year earlier.

   Why: Revenue rose because the two wheeler business grew faster than the industry and new products were introduced.

   Next results: check whether polymer capacity opens up as expected, since that is needed to keep sales growing.

   From the earnings call on 31 Jul 2026.

2. Profit up on a year earlier for 5 quarters in a row

   In the June 2026 quarter profit was ₹67 crore, +34% on a year earlier.

   Why: Profit rose because the two wheeler business grew faster than the industry and new products were introduced.

   Next results: check whether customer price changes recover more of the higher material and wage costs, and whether profit margin starts to improve.

   From the earnings call on 31 Jul 2026.

3. Highest quarterly revenue in 15 quarters

   Revenue of ₹1,105 crore in the June 2026 quarter is the highest of the last 15 quarters.

   Why: Revenue hit a record because the two wheeler business grew faster than the industry and new products were introduced.

   From the earnings call on 31 Jul 2026.

For April to June 2026 (the quarter ended 30 June 2026), Pricol reported revenue of ₹1,105 crore, up 23.5% from ₹895 crore a year earlier, and a profit of ₹67.0 crore, up 34.0% from ₹50.0 crore.

Pricol results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Pricol's management discussed these results on a call held on 31 July 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Pricol closed at ₹644.05 on 30 October 2026, up 21.7% from ₹529.30 a year earlier (31 October 2025) and up 562.9% over five years. Its highest weekly close since February 2017 was ₹797.20 on 21 August 2026.

Pricol share price: then and now

Weekly closing prices. Each change is the move from that price to the 30 Oct 2026 close. A day's intraday high or low can go beyond these weekly closes.

514 weekly closes from 10 February 2017 to 30 October 2026.

30 Oct 2026: Pricol closed at ₹644.05, up 2.2% on the week and down 12.3% on the month. Our read, 22 Aug 2026: Dominant 35-37% two-wheeler cluster supplier executing a ₹700 Cr capacity expansion and value-chain migration into TFT displays, precision polymers, and switches, while navigating short-term indexation lags and tripartite input cost absorption.

Earlier

• 31 Jul 2026: Pricol held its results call for April to June 2026. Management guided: Operating margin are expected to remain under pressure for the next couple of quarters until normalcy returns, with delayed earnings recovered subsequently.
• Results for April to June 2026: Revenue up 23.5% and profit up 34.0% on a year earlier.

Our read of the business

April to June 2026: Revenue Advances 23.5% on a year earlier to ₹1,105 Cr; Margin Absorbs Input and Wage Cost Pressures.

Our read after the April to June 2026 results, written 22 August 2026.

Not in its latest year. Pricol Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 2 of its last 12 reported years, so there is a history but no current dividend (as of 30 October 2026).

On the call for April to June 2026, held on 31 July 2026, Pricol's management guided: Operating margin are expected to remain under pressure for the next couple of quarters until normalcy returns, with delayed earnings recovered subsequently.

“We took this decision to demerge this business and give it much more agility so that we can raise money as well as look for partners to continue maintaining our lead in the business.”Vikram Mohan, Chairman and MD, on the call for April to June 2026

What management guided

• Customer indexation: approximately 75.0% of revenue is expected to index in Q2 and the balance in Q3; at least 0.5 percentage point of operating profit recovery remains available if the rupee does not weaken further.
• Steady-state blended operating margin is 12.5%-13.0% under normal operations, described as the level needed to retain business.
• Total capital spending of ₹700 crore is planned over 18-24 months, including ₹400 crore for polymer, ₹150-180 crore for DIS-CBS and about ₹120 crore for ACFMS.
• Polymer growth is expected to exceed 20.0% once capacity matures over 9-12 months.5x FY25 revenue over 3 years, with turnover capacity indicated at about ₹1,000 crore rising to about ₹2,000 crore; capacity figures require transcript verification.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 31 July 2026.

What is changing at Pricol, from the latest results and calls: premiumization and digital tft cluster penetration, polymer division (p3l) capacity doubling and value upgradation and new product verticals: handlebar switches and disc brakes.

• Premiumization and Digital TFT Cluster Penetration. Rising adoption of digital TFT displays and connected clusters across two-wheelers and passenger vehicles expanding content per vehicle. ✓ fact
• Polymer Division (P3L) Capacity Doubling and Value Upgradation. ₹400 Cr capital allocation to double precision polymer turnover capacity from ₹1,000 Cr toward ₹2,000 Cr. ✓ fact
• New Product Verticals: Handlebar Switches and Disc Brakes. Diversification into disc brakes and handlebar switches unlocking incremental content per vehicle. ✓ fact
• Customer Diversification and Export Acceleration. Broadening OEM customer footprint with Honda, electric vehicle entrants, and international off-highway programs. ✓ fact

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Our read after the April to June 2026 results, written 22 August 2026.

A failure of customer indexation to restore consolidated operating profit margin above 12.0% by October to December 2026, combined with market share loss in digital clusters below 30% or a sustained deterioration in working capital days exceeding 25 days.

Each change stops working if

• Polymer Division (P3L) Capacity Doubling and Value Upgradation: Facility commissioning at Hosur or Sanand encounters delays or raw material inflation (polymer resin +55%) cannot be passed through to OEMs.
• New Product Verticals: Handlebar Switches and Disc Brakes: OEM validation hurdles delay commercial ramp-up past FY28 or incumbent brake manufacturers protect pricing.
• Customer Diversification and Export Acceleration: Global macroeconomic deceleration dampens export off-take or domestic OEM customer concentration persists.

The main risks

• Input Cost Inflation and Tripartite Absorption Drag: Raw material and utility cost inflation exceeding standard indexation recovery mechanisms. ⚠ estimate
• Capital Expenditure Execution and Return Dilution: ₹700 Cr expansion program over 18-24 months diluting capital return ratios during the construction phase. ⚠ estimate
• New Vertical Timeline Deferrals and Strategic Reversals: Repeated delays in disc brake monetization and strategic exit from battery management systems. ⚠ estimate

Our read after the April to June 2026 results, written 22 August 2026.

When Pricol reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Q2 customer indexation: check whether the expected 75.0% pass-through offsets raw-material, freight, forex and minimum-wage pressures, and whether operating margin begins recovering.

Pricol is not on any of our India lists this week.

Pricol Ltd earned ₹67.0 Cr of net profit in the Jun 2026 quarter, +34.0% on the same quarter a year earlier. That is the 5th quarter in a row of profit growth. Full-year FY26 profit was ₹251 Cr. Over 10 years profit has grown 39.5% a year on average. That is 6.1% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹50.0 Cr.

For the full year, FY26 profit was ₹251 Cr (+50.3% on the year before).

Why profit moved: revenue changed +23.5% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +60.2% and revenue +45.2%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

FY26-Q4. revenue ₹1,099 Cr and profit ₹73 Cr as reported.

FY27-Q1. revenue ₹1,105 Cr and profit ₹67 Cr as reported.

Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters.

Pricol Ltd reported ₹1,105 Cr of revenue in the Jun 2026 quarter, +23.5% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 41.9% a year on average. The last full year, FY26, came in at ₹4,041 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹4,250 Cr.

FY26 revenue was ₹4,041 Cr, +50.1% on the year before.

Recent pace: the last four quarters grew +45.2% on average, against 41.9% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +43.2%, against +34.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +56.7%, against +31.5% a year (accelerating).

FY26-Q4. revenue ₹1,099 Cr and profit ₹73 Cr as reported.

FY27-Q1. revenue ₹1,105 Cr and profit ₹67 Cr as reported.

Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters.

Pricol Ltd's operating margin was 11.0% in the Jun 2026 quarter, about the same as the same quarter a year ago. Across 12 years it has been between −4.0% and 13.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

In the latest quarter it moved +0.0 percentage points on the same quarter a year ago.

Why the margin moved: operating margin changed +0.2 percentage points on the year while gross margin changed −0.4 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

FY26-Q4. revenue ₹1,099 Cr and profit ₹73 Cr as reported.

FY27-Q1. revenue ₹1,105 Cr and profit ₹67 Cr as reported.

Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters.

Over the last 3 years, 136% of Pricol Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹281 Cr of operating cash against ₹251 Cr of profit. After ₹336 Cr of spending on assets, free cash was −₹55.0 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 136% of profit came in as cash: the cash cycle got 17 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 2.9× depreciation over three years. The next section checks what that spending is building.

Pricol Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 51 days in FY26, up from 34 days in FY21. It spent ₹837 Cr on assets over the last 3 years. Customers take 52 days to pay, and stock sits for 70 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Why this happened. The acquired Pricol Precision Products business generated ₹90 Cr revenue in FY26 at an 11% EBITDA margin, operating at over 90% capacity utilization. Management has committed ₹400 Cr of the ₹700 Cr expansion program to build new facilities and a Center of Excellence for 2K molding, in-mold painting, and fiber-reinforced plastics, aiming for a 2.5x expansion in division revenue over 3 years.

At FY26 sales of ₹4,041 Cr, each day of that cycle ties up about ₹11.1 Cr, so roughly ₹565 Cr is tied up in the business at any time.

FY26: customers took 52 days to pay and stock sat for 70 days, about 2.3 months of sales sitting as stock, for a full cycle of 51 days, longer than FY21's 34.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 70 days. Customers pay about 52 days after that. Suppliers are paid at 71 days. Together that makes the 51-day cycle.

Spending on assets: ₹837 Cr over the last 3 years, against ₹292 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹112 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Pricol Ltd's P/E is 29.3×, near the low end of its own history: it has been lower only 27% of the time. Its usual P/E (the middle reading) is 33.8×, over 9.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.