Pricol - Loss Making Entities Sold, Clean Slate Growth Ahead: ICICI Direct 
An employee holds an automobile component in an auto parts manufacturing factory. (Photographer Marlene Awaad/Bloomberg).

Pricol - Loss Making Entities Sold, Clean Slate Growth Ahead: ICICI Direct 


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ICICI Direct Report

Pricol Ltd., established in 1974, is a Coimbatore-based supplier of diversified auto components like instrument clusters, sensors and switches, pumps and mechanical products, telematics solutions and wiping systems.

In Q3 FY21, the company derived approximately 65% sales from two-wheeler, three-wheeler segment, ~4% from passenger vehicle, ~8% from commercial vehicle space, ~9% from off-road vehicles and tractors and ~13% from aftermarket and exports.

It also has subsidiaries in India for wiping systems, in Indonesia for instrument clusters and in Singapore for procurement of electronics for its manufacturing requirement.

Click on the attachment to read the full report:

ICICI Direct Instinct Pricol Ltd..pdf


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