Synopsis:
Pricol partnered with Domino S.r.l. to produce two-wheeler control components for OEMs in India and Southeast Asia, aiming for innovation, growth, and market expansion.
This Market Leader Stock, engaged in manufacturing and supplying automotive components, including driver information systems, sensors, pumps, and telematics solutions for two-wheelers, four-wheelers, off-road vehicles, and commercial vehicle segments globally, jumped 2 percent after signing a technology license agreement with Domino
With a market capitalization of Rs. 5,557.19 crores, the share of Pricol Limited has reached an intraday high of Rs. 459.60 per equity share, rising nearly 1.88 percent from its previous day’s close price of Rs. 451.10. Since then, the stock has retreated and is currently trading at Rs. 455.95 per equity share.
Pricol Limited has signed a Technology License Agreement with Domino S.r.l., an Italian company, on 14th July 2025. Under this agreement, Pricol will manufacture, distribute, and sell handlebar control components like switches and throttles for two-wheelers. These products will be made for original equipment manufacturers (OEMs) in India and Southeast Asia.
The partnership brings together Domino’s global experience in advanced motorcycle controls and Pricol’s strong presence in the local market and manufacturing. The agreement will be in effect for five years and can be extended later.
This partnership will help both companies provide high-quality, cost-effective products to customers and expand their market reach. It also aims to create new product solutions and strengthen Pricol’s position in the two-wheeler component space. A royalty will be paid to Domino based on the use of their technology.
Pricol Limited started its operations in 1975 in Coimbatore, India. The company has over 5,500 employees and a strong team of more than 470 product and process engineers. The company focuses heavily on innovation, with two technology centers and around 4.5 percent of its total revenue spent on research and development (R&D).
Pricol holds a strong leadership position in its segments. It commands an 80 percent market share in digital instrument clusters for electric two-wheelers, a 70 percent share in commercial vehicles, and a dominant 90 percent share in off-highway vehicles, highlighting its strong presence and trust among OEMs.
The company operates 8 manufacturing plants and has a global presence in 5 countries, which include India, Indonesia, Singapore, Japan, and Dubai. It supplies products directly to original equipment manufacturers (OEMs) in 16 countries. The company has also built 5 key strategic partnerships, helping it grow and serve customers better across various regions.
Pricol Limited serves many top customers across different vehicle segments. Its clients include major two- and three-wheeler brands like Honda, Bajaj, TVS, and Yamaha, as well as top carmakers like Tata, Mahindra, and Maruti Suzuki. It also supplies leading tractor, off-road, commercial, industrial, and electric vehicle companies globally.
Coming into financial highlights, Pricol Limited’s revenue has increased from Rs. 584 crore in Q4 FY24 to Rs. 769 crore in Q4 FY25, which has grown by 31.68 percent. The net profit has decreased by 16.67 percent from Rs. 42 crore in Q4 FY24 to Rs. 35 crore in Q4 FY25. Pricol Limited’s revenue and net profit have grown at a CAGR of 20.33 percent and 48.50 percent, respectively, over the last three years.
In terms of return ratios, the company’s ROCE and ROE stand at 22.8 percent and 18 percent, respectively. Pricol Limited has an earnings per share (EPS) of Rs. 13.7, and its debt-to-equity ratio is 0.18x.
Written By – Nikhil Naik
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
