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Pricol

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Pricol Limited
Company type
Public
IndustryAutomotive
Founded1975 [1]
HeadquartersCoimbatore, Tamil Nadu, India
Key people
Vijay Mohan (Founder)
Vikram Mohan (Managing Director)
Vanitha Mohan (Chairman)
[2]
ProductsDash Board Instruments, Sensors (All Types), Oil Pumps, Auto Accessories, Chain Tensioners, Idle Speed Control Valves, etc[3]
RevenueIncrease₹2,284.9 crore (US$270 million)(FY25)[4]
₹2,271.7 crore (US$270 million) (FY25)[5]
Number of employees
5,500+
Websitepricol.com

Pricol Limited (founded as Premier Instruments and Controls Limited) is an automotive components and precision engineered products manufacturer[6] based in Coimbatore, India. It was founded in 1975 by the late V.N. Ramachandran and N.Damodaran, but started production in 1975.[7] 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.[8] Vijay Mohan is the Founder, Vikram Mohan is the Managing Director and Vanitha Mohan is the Chairperson.[9]

Locations

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Pricol Limited has six manufacturing plants in India, Plants 1,3 & 4 in Coimbatore, Plant 2 & 9 in Manesar, Plant 5 in Pune, Plant 10 in Sricity and Plant 12 in Satara.[10][11] The company also has a plant operating in Jakarta (Indonesia) [12] and business offices in Tokyo, Singapore, Cologne (Germany) and Detroit (USA).

Pricol also acquiesced a group company PMP of Ashok Piramal group, which operates the manufacturing plants in Satara (India), Rudrapur (India), Puebla (Mexico) and in Prague (Czech republic), they bought complete wiper business from PMP.

Operations

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Pricol operates in five business areas: driver information systems, switches, actuators and sensors, powertrain products, telematics and infotainment, and fleet management systems.[13]

Products

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Driver Information System Products [14]

[edit]
  • Instrument clusters (analog + digital)
  • TFT digital clusters
  • Smart displays & infotainment systems
  • E-cockpit systems
  • Heads-up displays (HUD)
  • Telematics control units (TCU)

Power Train Products [15]

[edit]
  • Sintered components
  • Oil pumps
  • Water pumps
  • Chain tensioners
  • Auto fuel cock
  • Fuel pumps & modules
  • Chain tensioners
  • Idle speed control valves
  • Pressure relief valves
  • Auto fuel cock systems
  • Brake-related components (including disc brake expansion)

Sensors & Switches

[edit]

Telematics & Infotainment

[edit]

Fleet Management Systems

[edit]

Precision Products[19]

  • Injection moulded plastic components
  • Precision engineered automotive parts
  • High-volume polymer components

History

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Key events in Pricol Limited's history[20][12]

Year Event
1972 Founded, as Premier Instruments and Controls Limited.
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]
2021 Strategic Alliance with Candera CGI Studios[27]
2022 Strategic Partneship with Sibros Technologies[28]
2022 Entered into a strategic technology partnership with BMS Powersafe[29]
2023 Strategic Partneship with Heilongjiang Tianyouwei Electronics (TYW) for advanced technologies[30]
2024 Acquisition of Sundaram Auto Components Pvt Ltd from TVS Group and established Pricol Precision Products Private Limited[31]
2025 Strategic Technology License Agreement with DOMINO S.r.l., a global leader in motorcycle control systems [32]

Group Companies

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  • Pricol Limited
    • Pricol Precision Products Private Limited[33]
  • Pricol Engineering
  • Pricol Logistics
  • Pricol Travel
  • Pricol Gourmet [34]
  • Pricol Retreats

References

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  1. ^ https://economictimes.indiatimes.com/pricol-ltd-old/infocompanyhistory/companyid-12175.cms?. {{cite web}}: Missing or empty |title= (help)
  2. ^ "Pricol Secures its R&D IP with Microsoft Office 365 | Indiablooms - First Portal on Digital News Management".
  3. ^ "Pricol Ltd/Old – Company Profile and News – Bloomberg Markets". Bloomberg.com. Retrieved 8 September 2020.
  4. ^ https://www.prysm.fi/news/pricol-ltd-q3-fy26-results-revenue-1020-cr-net-profit-63-cr-consolidated. {{cite web}}: Missing or empty |title= (help)
  5. ^ Cite error: The named reference https://www.moneycontrol.com/financials/pricol/consolidated-profit-lossVI/p9? was invoked but never defined (see the help page).
  6. ^ Bureau, BS B2B (12 December 2014). "Pricol buys Brazilian auto component maker". Business Standard India – via Business Standard. {{cite news}}: |last= has generic name (help); Check |archive-url= value (help)CS1 maint: numeric names: authors list (link) CS1 maint: url-status (link)
  7. ^ "Company History". Business Standard India – via Business Standard.
  8. ^ "Pricol (Amalgamated): Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of Pricol (Amalgamated) – NDTV". www.ndtv.com.
  9. ^ "Pricol Registered Address Contact Details, Pricol Management". www.moneycontrol.com.
  10. ^ "Pricol > Location Details > Auto Ancillaries > Location Details of Pricol – BSE: 540293, NSE: PRICOLLTD". www.moneycontrol.com.
  11. ^ "India Locations".
  12. ^ a b "Archived copy" (PDF). Archived from the original (PDF) on 24 September 2015. Retrieved 1 April 2015.{{cite web}}: CS1 maint: archived copy as title (link)
  13. ^ "Pricol exits joint venture with Denso". www.autocarpro.in.
  14. ^ www.ETAuto.com. "Pricol Q3 FY26 net profit rises 54% to ₹63.69 crore". ETAuto.com. Retrieved 17 April 2026.
  15. ^ "Pricol Adds New Vertical to Its Offerings: Telematics and Infotainment". PR.com. Retrieved 17 April 2026.
  16. ^ "Fleet management solutions".
  17. ^ "Moneycontrol.com India – Finished Products > Auto Ancillaries > Finished Products of Pricol". www.moneycontrol.com.
  18. ^ "Our Products".
  19. ^ www.ETAuto.com. "Pricol Q3 FY26 net profit rises 54% to ₹63.69 crore". ETAuto.com. Retrieved 17 April 2026.
  20. ^ "Pricol > Company History > Auto Ancillaries > Company History of Pricol – BSE: 540293, NSE: PRICOLLTD". www.moneycontrol.com.
  21. ^ "Pricol – Updates on Amalgamation of Xenos Automotive Limited with Pricol Limited". www.moneycontrol.com.
  22. ^ "Pricol – Updates". www.moneycontrol.com.
  23. ^ "Pricol Completes Acquisition of Melling". PR.com.
  24. ^ "All cash deal, Pricol to infuse further equity". The Economic Times.
  25. ^ Reporter, B. S. (17 March 2015). "Pricol sells 49% in Denso Pricol India for Rs 20 crore". Business Standard India – via Business Standard.
  26. ^ "Pricol – Acquisition of 50% shareholding in Johnson Controls Pricol Private Limited, erstwhile Joint Venture Company of Johnson Controls Enterprises Limited, UK and Pricol Limited, India". www.moneycontrol.com.
  27. ^ "Pricol Inks enters strategic partnership with Candera: Will build next-generation driver display systems". The Financial Express. 25 August 2021. Retrieved 17 April 2026.
  28. ^ "Pricol inks strategic technology partnership with Sibros Technologies". The Economic Times. 23 February 2022. ISSN 0013-0389. Retrieved 17 April 2026.
  29. ^ www.ETAuto.com. "Pricol partners with BMS PowerSafe for manufacturing Battery Management System for EVs". ETAuto.com. Retrieved 17 April 2026.
  30. ^ "Pricol ties up with Chinese co TYW for driver info solutions". The Times of India. 12 October 2023. ISSN 0971-8257. Retrieved 17 April 2026.
  31. ^ "Pricol announces acquisition of Sundaram Auto Components' injection moulding business". The Financial Express. 2 December 2024. Retrieved 17 April 2026.
  32. ^ "Pricol Limited Partners with Italy's Domino S.r.l for Two-Wheeler Control Systems". Autocar Professional. Retrieved 17 April 2026.
  33. ^ "Pricol Directors Report | Pricol Director Details". The Economic Times. Retrieved 17 April 2026.
  34. ^ Anantharam, Chitradeepa (13 February 2026). "A seaside love letter to Tamil Nadu's regional flavours". The Hindu. ISSN 0971-751X. Retrieved 17 April 2026.
  35. ^ "DVARA KODAIKANAL - Updated 2019 Prices & Cottage Reviews (India) - TripAdvisor". TripAdvisor. Archived from the original on 26 August 2019. Retrieved 17 April 2026.