Conference Call with Pricol Management and Analysts on Q4FY23 Performance and Outlook. Listen to the full earnings transcript.
Auto Parts & Equipments company Pricol announced Q4FY23 & FY23 results: Consolidated Q4FY23: Revenue from Operations: Rs 509.69 crore; QoQ Growth: 26.26 % EBITDA: Rs 62.34 crore; QoQ Growth: 14.06 % EBITDA Margin: 12.23 % PAT: Rs 29.80 crore; QoQ Growth: 126.87 % Consolidated FY23: Revenue from Operations FY23: Rs 1,902.83 crore; YoY Growth: 26.85 % EBITDA: Rs 235.80 crore; YoY Growth: 23.41 % EBITDA Margin: 12.39 % PAT: Rs 114.94 crore; YoY Growth: 124.95 % Commenting on the performance of the company, Vikram Mohan, Managing Director said “In Q4FY23, with the collective efforts of all our stakeholders, we managed to clock the highest ever topline in a particular quarter in the history of Pricol and closed the financial year with a performance exceeding our expectations. We had our fair share of challenges in terms of supply chain constraints, especially IC components, in this quarter as well, which had an impact on our bottom line. We believe the supply chain issues will soften in the upcoming quarters and various measures have been put in place by our teams to address the same. We as a company are at a transformational stage wherein our superior technological solutions are enabling us to position ourselves as a global automotive technology brand. With a healthy order book, robust EV-ready solutions, strong manufacturing competencies combined with strong financial footing, and a highly competitive talent force, we stand committed to delivering consistent performance in the current financial year as well.” Result PDF
Business Update Conference Call with Pricol Management and Analysts. Listen to the full transcript. Management in attendance: Vikram Mohan and Senior team