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Black Bear Labs PRICOLLTD · Q3 & 9MFY22 · earnings call

PRICOLLTD

Pricol Limited's Q3 & 9MFY22 earnings call highlighted strong performance across key segments, driven by increased demand and strategic initiatives. The management emphasized growth in automotive components and precision engineered products, with a focus on expanding international markets. Despite challenges like supply chain disruptions and rising input costs, the company maintained profitability through operational efficiency and cost management.

Segment commentary

Driver Information Systems and Sensors

Strong demand across two/three wheelers, passenger vehicles, and commercial vehicles.

Pumps and Allied Products

Growth driven by increased production activities in the automotive sector.

Telematics

Expansion into new markets and product diversification contributing to growth.

Wiping Systems

Stable performance with focus on innovation and customer satisfaction.

Guidance & outlook

  • Continued focus on international expansion.
  • Investment in R&D for new product development.
  • Efforts to mitigate supply chain challenges and manage input costs.

Key takeaways

  • Strong performance across all segments despite macroeconomic challenges.
  • Focus on international markets as a growth driver.
  • Operational efficiency key to maintaining profitability under cost pressure.

Risks flagged

  • Supply chain disruptions
  • Rising input costs

In their words

“Our focus on operational efficiency has helped us maintain margins despite rising input costs.”— Mr. Krishnamoorthy Pattabiraman
herofinancialssegmentstakeawaysquote
Educational analysis only. Not investment advice. Consult a SEBI-registered advisor before investing. Source: https://nsearchives.nseindia.com/corporate/PRICOLLTD_31012022113051_seconcallintimation.pdf
Full transcript (561 words)
>';..< pr,cal PR/COL LIMITED Passion to Excel 109, Race Course, Coimbatore 641018, India \ +91 422 4336000 11m +91 422 4336299 !%l city@pricol.co.in e pricol.com CIN: L342DDTZ2011 PLCD22194 ;., CUSTOMERS ;., EMPLOYEES ;., SHAREHOLDERS ;., SUPPLIERS PL/SEC/TGT/2021-2022/ 116 Monday, 31st January 2022 The Manager Listing Department Corporate Relationship Department National Stock Exchange of India Limited BSE Limited "Exchange Plaza', C-1, Block G Ist Floor, New Trading Ring Bandra-Kurla Complex, Rotunda Building, P J Towers, Bandra (E), Mumbai- 400 051 Dalal Street, Fort, Mumbai 400 001 Script Code: PRICOLLTD Script Code: 540293 Dear Sirs, Sub: Investor Conference Call-Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 ("SEBI LODR") Pursuant to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a conference call is scheduled to be held on Thursday, 10th February 2022 At 15:00 hours (1ST), to discuss the financial results for the quarter and nine months ended 31st December, 2021. In this regard details of the conference call and dial up numbers are enclosed. This is for your information and records. Yours faithfully, For Pricol Limited T.G. Thamizhanban Company Secretary ICSI M.No: F7897 Encl: As above > ·"pr,cal Pricol Limited Q3 & 9MFY22 Earnings Conference Call Thursday, 10th February 2022 at 03:00 pm Coimbatore, 31st January 2022: Pricol Limited one of India's leading automotive components and precision engineered products manufacturer will organize a conference call for investors and analysts on Thursday, 10th February, 2022 @ 03:00 pm to discuss the Company's Q3 & 9MFY22 financial results. The management of Pricol Limited will be represented by the following 1. Mr. Vikram Mohan - Managing Director 2. Mr. Krishnamoorthy Pattabiraman - Chief Financial Officer 3. Mr. P.M. Ganesh -Chief Executive Officer & Executive Director 4. Mr. Siddharth Manoharan - Chief Strategy Officer The conference call will follow Pricol Limited's financial results for the third quarter and nine months ended December 31st 2021 which will be announced on Wednesday, 9th February 2022. Following the announcement, the financial results will be available on the corporate website -www.pricol.com DETAILS OF THE CONFERENCE CALL Timing 03:00 p.m. /ST on Thursday, 1(1h February, 2022 I Conference dial-in Primary number +91 22 6280 1341 +91 22 1115 8242 Hong Kong Local Access Number 800964448 Singapore Local Access Number 8001012045 UK Local Access Number 08081011573 USA Local Access Number 18667462133 Express Join with DiamondPass™ No Wait Time https://services.choruscall.in/DiamondPassRegistration/register?confirmationNumber=8014985 &linkSecurityStri ng=206d851 f69 About Pricol Limited (www.pricol.com; BSE: 540293; NSE: PRICOLLTD) Pricol Limited is one of India's leading automotive components and precision engineered products manufacturers head quartered in Coimbatore. Pricol commenced its operations in the year 1975 in Coimbatore, South India and today it strides as a reputable global brand in the automotive component and products business, highly recognized by top automotive OEMs across the world. The company carries out its business and operations in Driver Information Systems and Sensors, Pumps and Allied Products, Telematics and Wiping Systems catering to leading automotive OEMs in Two/Three Wheeler, Passenger Vehicles, Commercial Vehicles, Farm Equipment and Off road Vehicles across India and in International Markets (45+countries) with 2000+ product variants. For more information contact: Mr. T.G. Thamizhanban Mr. Gaurav Girdhar / Ms. Geetanjali Singh Pricol Limited Concept Investor Relations Tel: +0422 4336272 Tel: +022 40558900 M: +919894499865 M: +91 7798232425 / 8058062213 Email: cs@pricol.com E-mail:gaurav.g@conceptpr.com /.p,eetanjali.s@conceptpr.com f