Buy Pricol, target price Rs 495: Anand Rathi

Anand Rathi has buy call on Pricol with a target price of Rs 495. The current market price of Pricol Ltd. is Rs 421.95.
Pricol Ltd., incorporated in the year 2011, is a Small Cap company (having a market cap of Rs 5122.07 Crore) operating in Auto Ancillaries sector.

Pricol Ltd. key Products/Revenue Segments include Oil Pump, Other Operating Revenue, Traded Goods, Export Incentives, Other Services for the year ending 31-Mar-2023.



Financials
For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 574.52 Crore, down -1.26 % from last quarter Total Income of Rs 581.84 Crore and up 20.98 % from last year same quarter Total Income of Rs 474.87 Crore. Company reported net profit after tax of Rs 34.02 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 38.51 per cent stake in the company as of 31-Mar-2024, while FIIs owned 14.39 per cent, DIIs 16.59 per cent.