Key highlights from Pricol Q1FY25 Concall.
- Revenue from operations: ₹6,029.09 million.
- EBITDA: ₹806.51 million with a margin of 13.38%.
- PAT: ₹455.61 million with a PAT margin of 7.56%.
- Earnings per share (EPS) stood at ₹3.74.
- Return on Capital Employed (ROCE): 23.54%, a slight increase from 23.18% in the same quarter last year.
Pricol is aiming for double-digit growth for FY25, supported by strong order books and new product developments. Although no exact percentage was provided, the management emphasized their past performance of consistent double-digit growth over the last few years.
Pricol expects their exports to contribute around 8-10% of revenues (currently 6.6% of revenues) in the short term, with a potential for improvement after the next few quarters as market conditions, particularly in the US and Europe.
Margins are expected to remain strong, with export margins generally higher than domestic ones. They are cautiously optimistic about maintaining 13.5% EBITDA margin, with potential upward revisions based on future product mix.
Despite external challenges, such as global market conditions, they are optimistic about achieving their ₹3,600 crore revenue target by FY26.
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