Pricol
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About Pricol
Pricol Limited is one of India’s leading automotive technology and precision-engineered products manufacturers, headquartered in Coimbatore, Tamil Nadu, India. Commencing operations in 1975, the company has evolved into a reputed global brand in the automotive technology and products segments. Pricol is a preferred partner to top automotive Original Equipment Manufacturers (OEMs) across the world. The Company’s operations span a wide variety of segments, viz, Driver Information Systems (DIS), Sensors, Pumps, Allied Products, Telematics, and Wiping Systems. More than 2,000+ product variants are supplied to leading automotive OEMs in the Two-/Three-Wheelers, Passenger Vehicles, Commercial Vehicles, Farm Equipment, and Off-road Vehicles space across India and in International Markets (45+ countries). Today, the Company has 9 manufacturing plants across India (Coimbatore, Manesar, Pantnagar, Pune, Sricity and Satara), 1 manufacturing unit in Indonesia, and 2 international offices (Tokyo and Singapore). Pricol Group is powered by a 5,000+ strong, dedicated workforce that resolutely pursues the mission to be PASSIONATE, SUSTAINABLE, DYNAMIC, and EVOLVING. The logo addresses the synergistic relationship between the four stakeholders ―Customers, Employees, Shareholders, and Suppliers ― working in a convergent mode to create value for each other.
Pricol Ratings
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Change Company | Change Company | Change Company | ||
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Overall Rating | 4.0/5 based on 780 reviews | 3.8/5 based on 3k reviews | 3.8/5 based on 1.1k reviews | 4.1/5 based on 790 reviews |
Highly Rated for | Skill development Company culture Work Satisfaction | Job Security | No highly rated category | Skill development Salary & Benefits Company culture |
Critically Rated for | Promotion/Appraisals | Promotion/Appraisals | Promotion/Appraisals Salary & Benefits Company culture | No critically rated category |
Primary Work Policy | Work from office 94% employees reported | Work from office 88% employees reported | Work from office 88% employees reported | Work from office 85% employees reported |
Rating by Women Employees | 3.9 Good rated by 58 women | 3.6 Good rated by 231 women | 3.6 Good rated by 35 women | 3.6 Good rated by 27 women |
Rating by Men Employees | 4.0 Good rated by 677 men | 3.8 Good rated by 2.6k men | 3.8 Good rated by 983 men | 4.2 Good rated by 692 men |
Job Security | 3.5 Good | 4.1 Good | 3.6 Good | 3.7 Good |
Pricol Salaries
Senior Engineer
Quality Engineer
Junior Engineer
Production Engineer
Design Engineer
Quality Inspector
Production Supervisor
Graduate Engineer Trainee (Get)
Deputy Manager
Senior Design Engineer
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Pricol News
Pricol To Sell Wiping Business Division For Rs 20 Crore
- Pricol Ltd. is selling its wiping business division to Auto Ignition Ltd. for Rs 20 crore.
- The deal is subject to adjustments set out in the business transfer agreement, which has been executed.
- The transaction does not require approval of shareholders.
- Pricol expects to complete the transaction by Jan. 31, 2025, or any other mutually agreed date.
Brokers’s call: Pricol (Buy)
- Pricol has entered into an agreement to acquire the plastic injection molding business of Sundaram Auto Components (SAC).
- The acquisition is on an all-cash, debt-free basis and at an attractive valuation of about 8x FY24 PER.
- The acquisition allows Pricol to expand its molding operations and capitalize on high cross-selling opportunities.
- Analysts believe the acquisition is a structural play for Pricol, positioning it for growth and potential re-rating.
Brokerage Views: Motilal Oswal On NMDC, HSBC On Equity Strategy And More
- Motilal Oswal remains bullish on NMDC Ltd. with expectations of 20% year-on-year growth in the rest of the fiscal.
- HSBC retains its 'buy' call on Aster DM Healthcare Ltd.
- Emkay has the same outlook on Pricol Ltd.
- Brokerages provide top calls on stocks and sectors.
Pricol to buy Sundaram Auto Components’ injection moulding business for ₹215 crore
- Pricol is set to acquire Sundaram Auto Components' (SACL) injection moulding business.
- The acquisition is valued at ₹215.3 crore and is expected to add ₹730 crore to Pricol's consolidated revenue.
- Pricol aims to expand into related business areas and leverage SACL's strengths.
- Pricol has also announced an investment in PQSI Digital Private Ltd.
Pricol To Acquire Plastic Component Division Of TVS Motor Arm For Rs 215 Crore
- Pricol Ltd. has announced the acquisition of the injection moulded plastic component business of Sundaram Auto Components Ltd., a TVS Motor Co. subsidiary, for Rs 215 crore.
- The acquisition will be completed by Pricol Precision Products Pvt., a wholly-owned arm of the company, on a slump sale basis.
- Pricol plans to expand its injection moulding business into a standalone vertical through this debt-free acquisition.
- The company also intends to invest Rs 120 crore in Pricol Precision Products to further expand the business.
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Pricol Technologies
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