Auto component manufacturer Pricol reported a 22% year-on-year growth in standalone profit after tax (PAT) at ₹44 crore for the third quarter ended December FY26, compared with ₹36 crore in the corresponding quarter last year.
The company’s revenue from operations surged 28% to ₹781 crore in Q3FY26, up from ₹612 crore in the year-ago period, driven by strong demand across automotive segments and a diversified product portfolio.
Vikram Mohan, Managing Director, Pricol, said the company’s focus on future-ready and smarter mobility solutions has helped it maintain a leadership position despite changing market dynamics. “Our focus on building future-ready, smarter solutions has enabled us to sustain strong performance. The recent prestigious recognitions across sustainability, quality, and innovation reflect the trust our global customers place in us,” Mohan said, adding that Pricol continues to work closely with stakeholders to create long-term value in the automotive ecosystem.
New Wholly Owned Subsidiary
In a strategic move to enhance operational efficiency and expand its electronics footprint, Pricol’s board has approved the incorporation of a wholly owned subsidiary (WOS) in India, to be named Pricol Autotech Limited, or such other name as approved by regulatory authorities.
The board has also cleared an investment of up to ₹1 crore, to be infused in one or more tranches. The proposed subsidiary will focus on the manufacturing and distribution of electronic components, catering to both automotive and non-automotive applications, reflecting Pricol’s diversification strategy beyond traditional auto components.
The company supplies over 5,200 product variants, including those from subsidiaries, to leading automotive OEMs across two-wheelers, three-wheelers, passenger vehicles, commercial vehicles, and off-highway vehicles in both domestic and international markets.
Pricol operates a robust manufacturing network with 14 plants (including subsidiaries) across India, located in Coimbatore, Manesar, Pantnagar, Pune, Sricity, Mysuru, Hosur, Chennai, Nalagarh, Bhiwadi, and Sanand. Internationally, the company has one manufacturing facility in Indonesia and three overseas offices in Dubai, Tokyo, and Singapore, supporting its global customer base.
With rising vehicle electrification, increased electronic content per vehicle, and growing demand for connected solutions, Pricol’s strategic investments in electronics manufacturing and operational restructuring are expected to support sustainable growth. The strong Q3FY26 performance, coupled with expansion into non-automotive electronics, positions the company well to capitalise on long-term mobility and industrial trends.