Precot Limited (PRECOT)
₹624.30 +2.79% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Precot's revenue was ₹246 Cr (+19.1% year on year, -4.6% on the previous quarter), and net profit ₹26.6 Cr (+135.4% year on year); the operating margin was 20.2%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹246 | +19.1% | -4.6% |
| Operating profit | ₹49.5 | +73.6% | +35.6% |
| Net profit | ₹26.6 | +135.4% | +126.6% |
| EPS (₹) | 22.17 | +135.4% | +126.7% |
| Operating margin | 20.2% | — | — |
PRECOT delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 76.64% of the PRECOT shares traded on NSE were taken to delivery, against the stock's own 20-session average of 75.35%. That is close to its usual level. Turnover was only ₹27 lakh, so a handful of trades can move this figure.
Delivery in the last 5 sessions: 91.9% · 54.4% · 72.1% · 71.3% · 76.6%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Precot Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate was issued by Registrar and Share Transfer Agent MUFG Intime India Private Limited on October 3, 2026. It confirms that securities received for dematerialisation during the quarter were duly processed, listed on stock exchanges, and physical certificates mutilated as required. This is a standard quarterly administrative filing with no financial or operational impact.
- Compliance certificate submitted under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
- Pertains to the quarter ended September 30, 2026
- Issued by RTA MUFG Intime India Private Limited on October 3, 2026
- Confirms timely processing, verification, and cancellation of physical share certificates
Precot Limited responded to NSE's query dated August 19, 2026, regarding its financial results for the quarter ended June 30, 2026. The company stated that the discrepancy in EPS between its XBRL filing and PDF results was an inadvertent error, which has been corrected via a revised XBRL submission. Additionally, Precot explained that Standalone and Consolidated figures are identical because the only consolidated entity is a partnership firm (in which it holds 99.88% capital) that holds only land and building with no operational activity or impact on the P&L statement. The clarification confirms no underlying financial misstatement or operational deviation.
- Clarification submitted in response to NSE's email query dated 19th August 2026
- Addressed financial results reporting for the quarter ended 30th June 2026
- Revised XBRL filing submitted to fix an inadvertent discrepancy in reported EPS figures
- Precot holds 99.88% capital in a consolidated partnership entity with zero operating revenue
Precot Limited conducted its 64th Annual General Meeting (AGM) on August 20, 2026, with 66 shareholders attending via video conference. Key ordinary and special business items tabled included the adoption of FY26 financial statements, declaration of a dividend of Rs 4 per equity share of Rs 10 face value, and variations in remuneration terms for executive directors including the CMD and Vice CMD. Final voting results will be submitted to the stock exchange within two working days.
- Declared/tabled a dividend of Rs 4 per equity share of Rs 10 each
- 66 shareholders attended the 64th AGM held via video conferencing on August 20, 2026
- Resolutions tabled for variation in remuneration terms for 4 executive directors
- Consolidated scrutinizer report and e-voting results to be declared within 2 working days
Precot Limited delivered a robust Q1 FY27 performance with net profit surging 135% YoY to ₹26.61 Cr, compared to ₹11.30 Cr in the same quarter last year. Revenue from operations grew 20% YoY to ₹236.41 Cr, while total expenses were well-managed, increasing only 9.9% despite the revenue jump. This resulted in the Profit Before Tax (PBT) margin doubling from 7.2% to 14.3%. The quarterly EPS of ₹22.17 is significant, representing nearly 74% of the entire TTM EPS of ₹29.87.
- Net Profit increased by 135.4% YoY to ₹26.61 Cr from ₹11.30 Cr
- Revenue from operations rose 20.0% YoY to ₹236.41 Cr
- Profit Before Tax (PBT) margin expanded to 14.3% from 7.2% in Q1 FY26
- Finance costs decreased by 7.2% YoY to ₹7.53 Cr
- Quarterly EPS stood at ₹22.17 versus ₹9.42 in the year-ago period
Precot Limited has announced August 13, 2026, as the record date for determining shareholder eligibility for dividend payments and voting rights at its upcoming Annual General Meeting (AGM). The AGM is scheduled for August 20, 2026, via video conferencing. The company's register of members will remain closed from August 14 to August 20, 2026. This administrative update follows a period of strong operational performance, with TTM PAT reaching ₹36 Cr and a significant improvement in gross margins to 43.65% in recent quarters.
- Record date for dividend and AGM voting fixed for August 13, 2026
- Annual General Meeting (AGM) scheduled for August 20, 2026
- Book closure period set from August 14, 2026, to August 20, 2026
- Company reported TTM revenue of ₹886 Cr and TTM EPS of ₹29.87
- EBITDA grew 90.1% YoY in 9M FY25, reflecting high operational leverage
Precot Limited has scheduled its 64th Annual General Meeting (AGM) for August 20, 2026, and recommended a dividend of ₹4 per equity share (40% of face value). The company reported FY26 revenue of ₹872.51 Cr, a decrease from ₹989.04 Cr in FY25, while net profit stood at ₹32.88 Cr. A significant drag on the bottom line was a ₹18.89 Cr loss from discontinued operations. Shareholders will also vote on adjusting management remuneration terms to ensure minimum pay during periods of inadequate profits.
- Proposed dividend of ₹4 per equity share for the financial year ended March 31, 2026.
- FY26 revenue from operations reported at ₹872.51 Cr compared to ₹989.04 Cr in FY25.
- Net profit for FY26 was ₹32.88 Cr, impacted by a ₹18.89 Cr loss from discontinued operations.
- Record date for dividend eligibility is fixed as August 13, 2026.
- Resolutions include the re-appointment of Mr. T Kumar as Director and variation in remuneration terms for top management.
Precot Limited has finalized the incorporation of a new wholly owned subsidiary, Precot Holdings Limited, in the Jebel Ali Free Zone (JAFZA), Dubai, UAE. The incorporation was completed on July 6, 2026, following a board approval dated September 2, 2025. The new entity is structured as a holding company to facilitate international business, investments, and ownership of global assets. While the initial investment amount was not disclosed, this move provides a strategic vehicle for the company, which reported a TTM revenue of Rs 886 Cr and a PAT of Rs 36 Cr.
- 100% ownership of the new subsidiary, Precot Holdings Limited, based in Dubai, UAE.
- Incorporation finalized on July 6, 2026, with documents received on July 9, 2026.
- Board approval for this international expansion was previously granted on September 2, 2025.
- The subsidiary is authorized to act as a holding company for global equity stakes and freehold properties.
Precot Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The filing confirms that for the quarter ended June 30, 2026, all physical share certificates received for dematerialization were processed by the Registrar and Share Transfer Agent (RTA), MUFG Intime India Private Limited. The RTA confirmed that certificates were mutilated, cancelled, and the names of depositories were updated in the register within the required timelines. This is a standard procedural disclosure with no impact on business fundamentals.
- Quarterly period ended June 30, 2026
- Compliance with SEBI Regulation 74(5) confirmed by RTA
- Registrar and Share Transfer Agent identified as MUFG Intime India Private Limited
- Confirmation of physical certificate mutilation and cancellation within prescribed timelines
Precot Limited has officially announced the closure of its trading window starting July 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations. This closure is in anticipation of the announcement of the company's unaudited financial results for the quarter ending June 30, 2026. The restriction applies to all designated persons and their immediate relatives and will remain in effect until 48 hours after the results are declared. The company has also implemented PAN-level freezing through the CDSL portal as per the latest SEBI mandates.
- Trading window closure begins on July 1, 2026, for the Q1 financial period.
- Restriction remains active until 48 hours after the declaration of unaudited financial results.
- Compliance with SEBI/HO/ISD/ISD-PoD-2/P/CIR/2023/124 regarding PAN-level freezing at the security level.
- Applies to all connected persons, designated persons, and their immediate relatives.
Precot Limited reported a steady performance for the financial year ended March 31, 2026, with consolidated revenue from operations reaching ₹85,208.93 lakhs, up from ₹83,103.01 lakhs in FY25. The company's consolidated net profit for the year improved to ₹3,584.77 lakhs compared to ₹3,288.74 lakhs in the previous fiscal. A final dividend of ₹4 per share (40% of face value) has been recommended for shareholder approval. The filing also serves as a regulatory clarification to the NSE regarding the submission of machine-readable financial documents.
- Consolidated revenue from operations grew by 2.5% year-on-year to ₹85,208.93 lakhs.
- Net profit for the full year FY26 increased to ₹3,584.77 lakhs from ₹3,288.74 lakhs in FY25.
- The Board has recommended a final dividend of ₹4 per equity share for the financial year.
- Earnings Per Share (EPS) for continuing and discontinued operations rose to ₹29.87 from ₹27.41.
- Total consolidated assets as of March 31, 2026, stood at ₹93,159.31 lakhs.
Precot Limited has announced a final dividend of Rs. 4 per equity share for the financial year ended March 31, 2026. This recommendation was made during the board meeting held on May 16, 2026, where the company also approved its audited standalone and consolidated financial results. The dividend is subject to shareholder approval at the upcoming Annual General Meeting. The company's auditors have provided an unmodified opinion on the financial statements for the year.
- Recommended a final dividend of Rs. 4 per equity share for the financial year 2025-26.
- Approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
- Auditors issued a declaration of an unmodified opinion on the annual financial results.
- The dividend payment is pending approval by shareholders at the ensuing Annual General Meeting.
Precot Limited has officially approved its audited standalone and consolidated financial results for the quarter and full year ended March 31, 2026. A key highlight for shareholders is the recommendation of a final dividend of Rs 4 per equity share, which is subject to approval at the upcoming Annual General Meeting. The company reported that the independent auditors have issued an unmodified opinion on the financial statements, ensuring the reliability of the reported figures. This announcement confirms the company's commitment to returning capital to shareholders following the close of the fiscal year.
- Recommended a final dividend of Rs 4 per equity share for the financial year ended March 31, 2026.
- Approved audited standalone and consolidated financial results for the full fiscal year 2025-26.
- Auditors issued a declaration of an unmodified opinion, confirming financial transparency and accuracy.
- The board meeting concluded at 5:35 PM on May 16, 2026, following the review of annual performance.
Precot Limited has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by Registrar MUFG Intime India Private Limited, confirms the processing of dematerialization requests for the quarter ended March 31, 2026. It verifies that security certificates were processed, listed on exchanges, and original certificates were mutilated or cancelled as per regulations. This is a standard administrative filing ensuring the integrity of the company's shareholding records.
- Compliance certificate submitted for the quarter ended March 31, 2026.
- Registrar MUFG Intime India Private Limited confirmed all dematerialization requests were handled within prescribed timelines.
- Securities received for dematerialization are listed on the National Stock Exchange (NSE).
- Physical certificates were mutilated and cancelled after due verification by the depository participant.
Precot Limited has officially announced the closure of its trading window starting April 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations. This closure is a standard procedure preceding the declaration of the company's financial results for the quarter and full financial year ending March 31, 2026. The restriction applies to all designated persons and their immediate relatives, with the window set to reopen 48 hours after the results are made public. The company has also confirmed the implementation of PAN-level freezing for designated persons through the CDSL portal.
- Trading window closure begins on April 1, 2026, for all designated persons.
- Closure is related to the financial results for the quarter and year ending March 31, 2026.
- The window will remain closed until 48 hours after the official financial results declaration.
- Compliance with SEBI circular SEBI/HO/ISD/ISD-PoD-2/P/CIR/2023/124 regarding PAN-level freezing.
- Notification sent to National Stock Exchange of India Limited on March 24, 2026.
India Ratings and Research (Ind-Ra) has upgraded Precot Limited's long-term credit rating to 'IND A-' from 'IND BBB+' and its short-term rating to 'IND A2+' from 'IND A2'. The upgrade applies to total bank loan facilities of approximately INR 5,610 million, including term loans and working capital limits. The outlook remains Stable, reflecting a consistent credit profile. This rating action indicates an improvement in the company's financial health and debt-servicing capabilities.
- Long-term bank loan facilities upgraded to 'IND A-' from 'IND BBB+' with a Stable outlook.
- Short-term bank loan facilities upgraded to 'IND A2+' from 'IND A2'.
- Total rated bank facilities include INR 4,720.40 million in existing limits and INR 889.60 million in newly assigned limits.
- The rating upgrade covers facilities from major lenders including SBI, HDFC Bank, Union Bank, and IDBI Bank.
Financial Performance
Revenue Growth by Segment
Revenue from operations for 9M FY25 grew 2.75% YoY to INR 738.00 Cr. Q3 FY25 revenue grew 9.57% YoY to INR 249.51 Cr. Segment-specific growth percentages were not disclosed in available documents.
Profitability Margins
Gross Margin improved significantly from 36.28% to 43.65% YoY in 9M FY25. Net Margin improved from 0.64% to 3.95% in the same period, driven by better cost management and higher realizations.
EBITDA Margin
EBITDA Margin for 9M FY25 stood at 10.63%, nearly doubling from 5.75% in 9M FY24. Q3 FY25 EBITDA margin was 10.26%, up from 7.80% YoY, reflecting a 31.5% improvement in core operational efficiency.
Credit Rating & Borrowing
Non-current borrowings stood at INR 93.00 Cr as of September 30, 2025. Finance costs for Q3 FY25 were INR 9.01 Cr, representing approximately 3.6% of revenue.
Operational Drivers
Raw Material Costs
Cost of Goods Sold (COGS) for 9M FY25 was INR 415.85 Cr, representing 56.3% of revenue, a decrease from 63.7% in 9M FY24, which directly contributed to the 737 bps expansion in gross margins.
Manufacturing Efficiency
Manufacturing efficiency is reflected in the EBITDA growth of 90.1% YoY (to INR 78.47 Cr) on a modest revenue growth of 2.75%, indicating high operational leverage.
Strategic Growth
Growth Strategy
The company is achieving growth through aggressive margin expansion and cost optimization. EBITDA grew 90.1% YoY in 9M FY25 while employee costs grew only 14.4% (to INR 77.80 Cr), demonstrating a strategy focused on operational efficiency and higher-value product mix.
Products & Services
Yarn and textile products.
Brand Portfolio
Precot.
Strategic Alliances
Suprem Associates is a 99.88% owned partnership firm subsidiary with total assets of INR 24.22 Cr as of September 2025.
External Factors
External factors analysis not yet available for this company.
Regulatory & Governance
Industry Regulations
Operations are subject to SEBI Listing Obligations and Disclosure Requirements (Regulation 33), as confirmed by the independent auditor's review reports.
Taxation Policy Impact
The effective tax rate for 9M FY25 was approximately 26.5%, with tax expenses of INR 10.53 Cr on a Profit Before Tax of INR 39.67 Cr.
Risk Analysis
Key Uncertainties
Key risks include the financial impact of discontinued operations, which resulted in a loss of INR 3.81 Cr in Q2 FY26, and the high sensitivity of margins to raw material cost fluctuations (COGS at 56% of revenue).
