Get In Touch
Tmapril cpver 104x80.jpg
Current Issue

animation-neutral-tts-300x100' width='300' height='100' border='0

Evaluating opportunities

By Niranjan Mudholkar,

Added 31 August 2016

Sundararaman G, President, Pricol India speaks to The Machinist about the company & its operations

How was the last financial year for you compared to the previous one? Do you see the market further improving in this financial year? What is the target for the ongoing financial year?
We have seen positive results in FY 2015-16 with the last quarter boosting these numbers, conforming to our expectations. Standalone income from operation for FY 2015-16 grew by 18.6 percent Y-o-Y stood at Rs.1,126.51 crore as against Rs.949.66 crore in the same period last year. Income from operations also grew by 26.64 percent in FY 2015-16 from Rs.1,447.86 crore as against Rs.1,143.32 crore in FY 2014-15. This year, we are expecting a growth of 20 percent over last year on a standalone basis.

Which customer segments are driving the growth for you?
In the last financial year, two and three wheeler segment constituted around 57 percent of our revenue, followed by commercial vehicles with 21 percent share of revenues. Rest of the revenues was distributed between Off-road, tractors and personal passenger vehicles.
We are seeing growth in revenue to be distributed across two wheelers, commercial vehicles, tractors and off-road vehicles segments.

Currently, how many manufacturing units do you have and where are these located?
In India, Pricol's manufacturing presence is close to the demand market with six manufacturing plants across Coimbatore, Gurgaon, Pune and Pantnagar. Internationally, we have a manufacturing plant each in Sao Paulo, Brazil and Jakarta, Indonesia.

(Continued on next page)

comments powered by Disqus