Technology Business Finance Automotive Automotive industry Business Updates
Vaibhav K R
Vaibhav K R

@VaibhavKR721

6 Tweets 2 reads May 16, 2024
Twitter
Pricol:
Q4FY24:
-Revenue growth in Q4 was less due to delay in launch of a few vehicles from our customers, however the outtake has started in April.
-For the new product disc brake we have 6 customers and started the production already and already increasing LOI’s.
#Pricol
Pricol: Q4FY24: -Revenue growth in Q4 was less due to delay in launch of a few vehicles from our cus...
-The E-Cockpit is still under design and development stage, we have been showcasing the product to customers and have received positive feedback from few of them. It is a new product and takes some time for adoption.
-Aim to take PV segment market share to 10%.
#Pricol #concall
-Regarding Sibros: we are in talks with a few international customers and will announce in the later part of the year.
-Revenue split between DIS and ACMS is 69:31 and ACMS share is going to increase to 35-36% in the coming months.
#Pricol #concall
-Capex will be around 600cr for FY25.
-Current capacity utilization is at 85%.
-BMS is going a bit slow, will update about it in the coming quarters.
-Added a new client Honda 2W and most of it is going into production in 18-24 months.
#Pricol #concall
-Exports were 8% in FY24, we would like to take it to 10% by FY26.
-Asset turn for 200cr capex will be around 4 - 4.2 times.
-Disc brakes can generate around 300-400cr revenues PA after the expansion by FY26-27.
#Pricol #concall
-On 3600cr guidance: Our organic growth of 3200cr is intact but for in-organic, we will give you an update in the coming Qtr.(Earlier guidance was actually 3600 organic and 400 in-organic).
#pricol

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