Pricol
| Pricol Logo | |
| Company type | Public |
|---|---|
| NSE[1] and BSE[2] | |
| Industry | Automotive |
| Founded | 1972 |
| Headquarters | Coimbatore, Tamil Nadu[3] India |
Key people | Vijay Mohan (Chairman) Vikram Mohan (Managing Director) Vanitha Mohan (vice chairman) [4] |
| Products | Dash Board Instruments, Sensors (All Types), Oil Pumps, Auto Accessories, Chain Tensioners, Idle Speed Control Valves,etc[5] |
| Revenue |  Indian INR 1080.45 Crore (March ‘16)[6] |
| Indian INR 46.06 Crore (March ‘16)[7] | |
Number of employees | 5,500+ |
| Website | www |
Pricol Limited is an automotive components and precision engineered products manufacturer[8] based in Coimbatore, India. It was founded in 1972 by the late N. Damodaran and L. G. Varadarajulu, but started production in 1975.[9] It manufactures automotive components for motorcycles, scooters, cars, trucks, buses, tractors and Off-road vehicles used in the construction and Industrial segment. Pricol also manufacture sintered components and products for fleet management solutions[10] Vijay Mohan is the chairman, Vikram Mohan is the Managing Director and Vanitha Mohan is the vice chairman.[11]
Locations
Pricol Limited has six manufacturing plants in India, Plants 1,3 and 4 in Coimbatore, Plant 2 in Manesar and Plant 5 in Pune and Plant 6 in Rudrapur .[12][13] The company also has plants in Jakarta, Indonesia and Sao Paulo, Brazil[14] and business offices in Tokyo, Singapore, Cologne - Germany and Detroit - USA
Operations
Pricol operates in five business areas: Driver information systems, Switches actuators and sensors, Powertrain products, Telematics & Infotainment and Fleet management systems.[15]
Products
Driver Information System Products
Power Train Products
- Sintered components
- Oil pumps
- Water pumps
- Chain tensioners
- Auto fuel cock
- Auto decompression unit
- Fuel feed pump
- Idle speed control valves
- Pressure relief valves
Sensors & Switches
- Speed sensors
- Fuel level sensors
- Selective catalytic reduction
- Map and Tmap sensors
- Oil level switch
- Temperature sensor
- Brake light switch
- Vacuum switch
- Power sockets
- Pressure sensor
- Position sensor
Telematics & Infotainment
- Display & Infotainment
- Body control module
- Telematics products
Fleet Management Systems
- Speed limiter
- Centralized Lubrication Systems
- Vehicle tracking system
- Digital tax fare meter
- Cab Tilting Systems
- Journey risk management [16][17][18]
History
Key events in Pricol Limited's history[19][20]
| Year | Event |
|---|---|
| 1972 | Founded |
| 1975 | Started Production |
| 1979 | First Dividend Declaration |
| 1988 | Set up second plant in Gurgaon, India |
| 1993 | Listed in Bombay stock exchange |
| 1995 | Listed in National stock exchange |
| 1999 | Set up Plant 3 and 4 in Coimbatore, India |
| 2001 | Launched disc brakes for two wheelers |
| 2003 | Started a new company Xenos technologies for vehicle security systems |
| 2005 | Opened manufacturing plant in Pune, India |
| 2006 | Opened branch office Detroit, USA and PT Pricol Surya |
| 2007 | Set up manufacturing plant 6 in Pantnagar, India |
| 2008 | Set up manufacturing plant 7 in Pantnagar, India |
| 2012 | Signed Joint Venture with Johnson controls 50:50 |
| 2014 | Xenos technologies merged with Pricol Limited[21] |
| 2015 | Acquired Brazil based auto component maker, Melling[22][23][24] |
| 2015 | Exits Joint venture with Denso[25] and Acquired Johnson Controls' 50% stake in Joint Venture[26] |
Group Companies
- Pricol Technologies
- Pricol Travel Limited
- Pricol Properties Limited
- Pricol Cargo Limited
- PAcE (Pricol Academy of Excellence)
- Xenos Limited
- Pricol Engineering Industries Limited
- Pricol Surya, Indonesia
- Pricol Asia
- Pricol do brasil
References
- ^ http://www.nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuote.jsp?symbol=PRICOL
- ^ http://www.bseindia.com/stock-share-price/pricol-ltd/pricol/526109/
- ^ http://www.nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuote.jsp?symbol=PRICOL
- ^ http://indiablooms.com/ibns_new/finance-details/1285/pricol-secures-its-r-amp-d-ip-with-microsoft-office-365.html
- ^ https://www.bloomberg.com/research/stocks/snapshot/snapshot.asp?ticker=PRIC:IN
- ^ http://www.moneycontrol.com/financials/pricol/results/yearly/P9#P9
- ^ http://www.moneycontrol.com/financials/pricol/results/yearly/P9#P9
- ^ http://www.business-standard.com/content/b2b-manufacturing-industry/pricol-buys-brazilian-auto-component-maker-114121200968_1.html
- ^ http://www.business-standard.com/company/pricol-1908/information/company-history
- ^ http://profit.ndtv.com/stock/pricol-ltd_pricol/reports
- ^ http://www.moneycontrol.com/company-facts/pricol/management/P9#P9
- ^ http://www.moneycontrol.com/company-facts/pricol/locations/P9#P9
- ^ http://www.pricol.com/contact-us/find-locations/india-map/
- ^ http://www.pricol.com/wp-content/uploads/2015/02/Investor-Presentation_Q3FY15_Final_R.pdf
- ^ http://www.autocarpro.in/news-national/pricol-exits-joint-venture-denso-7970
- ^ http://www.pricol.com/products/fleet-management-solutions/
- ^ http://www.moneycontrol.com/annual-report/pricol/finished-products/P9
- ^ http://www.pricol.com/products/
- ^ http://www.moneycontrol.com/company-facts/pricol/history/P9#P9
- ^ http://www.pricol.com/wp-content/uploads/2015/02/Investor-Presentation_Q3FY15_Final_R.pdf
- ^ http://www.moneycontrol.com/stocks/stock_market/corp_notices.php?autono=897949
- ^ http://www.moneycontrol.com/stocks/stock_market/corp_notices.php?autono=916241
- ^ http://www.pr.com/press-release/605810
- ^ http://economictimes.indiatimes.com/industry/auto/news/auto-components/all-cash-deal-pricol-to-infuse-further-equity/articleshow/45520305.cms
- ^ http://www.business-standard.com/article/companies/pricol-sells-49-in-denso-pricol-india-for-rs-20-crore-115031700580_1.html
- ^ http://www.moneycontrol.com/stocks/stock_market/corp_notices.php?autono=955571