Precot

Which are the latest news on Precot?

Why is Precot Ltd falling/rising?

As of 05-Sep, Precot Ltd's stock price is 698.05, down 0.26% today and 13.29% over the past month, despite a year-to-date increase of 79.01%. The stock is facing short-term pressures, with mixed performance metrics and cautious market sentiment contributing to its recent decline.

As of 05-Sep, Precot Ltd's stock price is currently at 698.05, reflecting a decrease of 1.85 (-0.26%). The stock has underperformed its sector today by 0.59%. Over the past week, it has seen a slight decline of 0.49%, while its performance over the last month shows a more significant drop of 13.29%. Despite these recent declines, the stock has shown impressive growth year-to-date, with an increase of 79.01%, and a notable rise of 50.07% over the past year.<BR><BR>The current price movement can be attributed to a combination of factors. Although the company declared positive results in June 2026, with a 24.97% growth in profit after tax and a strong operating profit to interest ratio, the stock is facing short-term pressures reflected in its recent price decline. The moving averages indicate that while the stock is above its 200-day moving average, it is below the shorter-term moving averages, suggesting a potential bearish trend in the near term.<BR><BR>Additionally, while there has been a rise in investor participation, with delivery volume increasing by 82.57% against the 5-day average, the overall market sentiment appears to be cautious, as indicated by the stock's performance relative to the benchmark Sensex, which has also declined by 1.15% over the past week. This context of mixed performance metrics contributes to the current downward movement in Precot Ltd's stock price.

Who are in the management team of Precot?

The management team of Precot includes Ashwin Chandran (Chairman & Managing Director), Prashanth Chandran (Vice Chairman & Managing Director), and several independent directors, along with a Company Secretary. They oversee the company's operations and strategic direction.

The management team of Precot includes the following individuals:<BR><BR>1. **Ashwin Chandran** - Chairman & Managing Director<BR>2. **Prashanth Chandran** - Vice Chairman & Managing Director<BR>3. **Jairam Varadaraj** - Independent Director<BR>4. **C N Srivatsan** - Independent Director<BR>5. **Sumanth Ramamurthi** - Independent Director<BR>6. **R Bhuvaneshwari** - Independent Director<BR>7. **T Kumar** - Director<BR>8. **P Vijay Raghunath** - Independent Director<BR>9. **S Kavitha** - Company Secretary & Compliance Officer<BR>10. **Arun Selvaraj** - Independent Director<BR>11. **Vinay Balaji Naidu** - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does Precot do?

Precot Ltd is a Micro Cap company in the Garments & Apparels industry, primarily producing cotton yarn. As of June 2026, it reported net sales of 246 Cr and a net profit of 27 Cr, with a market cap of INR 870 Cr.

Overview:<BR>Precot Ltd is a company in the Garments & Apparels industry, categorized as a Micro Cap, primarily engaged in the production of cotton yarn.<BR><BR>History:<BR>Precot Ltd was incorporated in June 1962, originally known as Precot Meridian Limited. The company changed its name to Precot Ltd in 1985. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 246 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 27 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 870 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 17.00<BR>- Industry P/E: 28<BR>- Dividend Yield: 0.57%<BR>- Debt-Equity: 0.69<BR>- Return on Equity: 7.46%<BR>- Price to Book: 1.75<BR><BR>Contact Details:<BR>Address: Suprem P B 7161 Green Fields, 737 Puliakulam Road Coimbatore Tamil Nadu : 641045<BR>Tel: 91-422-24321100<BR>Email: secretary@precot.com<BR>Website: http://www.precot.com

Who are the peers of the Precot?

Precot's peers include RSWM Ltd, Mafatlal Inds., Himatsing. Seide, and others, with varying management risks and growth rates. Precot has a 1-year return of 48.80%, outperforming RSWM Ltd (34.91%) and Himatsing. Seide (-40.15%).

Peers: RSWM Ltd, Mafatlal Inds., Himatsing. Seide, Sumeet Industrie, Precot, United Polyfab, Borana Weaves, Sarla Performanc, Rajapalayam Mill, Karnika Industri.<BR><BR>Quality Snapshot: Below Average management risk is observed at RSWM Ltd, Sumeet Industrie, and Rajapalayam Mill, while Average management risk is found at Himatsing. Seide, United Polyfab, Karnika Industri, and Precot, with the rest having similar ratings. Good growth is noted at Mafatlal Inds., Sumeet Industrie, and Karnika Industri, while Below Average growth is seen at RSWM Ltd, Himatsing. Seide, and the rest. Excellent capital structure is present at Borana Weaves, while Good capital structure is found at Mafatlal Inds., Sarla Performanc, and the rest, with Below Average capital structure at RSWM Ltd, Himatsing. Seide, and others.<BR><BR>Return Snapshot: The peer with the highest 1-year return is RSWM Ltd at 34.91%, while the lowest is Himatsing. Seide at -40.15%. Precot's own 1-year return of 48.80% is significantly higher than both. Additionally, peers such as Himatsing. Seide, Sumeet Industrie, and Karnika Industri have negative six-month returns.

How big is Precot?

As of 31st August, Precot Ltd has a market capitalization of 870.00 Cr, with recent Net Sales of 924.92 Cr and a Net Profit of 51.16 Cr. Shareholder's Funds are 448.50 Cr and Total Assets are valued at 938.69 Cr as of March 2025.

As of 31st August, Precot Ltd has a market capitalization of 870.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Precot reported Net Sales of 924.92 Cr and a Net Profit of 51.16 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 448.50 Cr and Total Assets valued at 938.69 Cr.

Should I buy, sell or hold Precot Ltd?

Are Precot Ltd latest results good or bad?

Precot Ltd's latest results show strong revenue growth of 13.13% and a net profit increase of 213.90%, but profitability is under pressure with a reduced PAT margin of 4.70% and high debt levels, indicating potential financial sustainability risks. Caution is advised despite the positive headline figures.

Precot Ltd's latest results present a mixed picture. On the positive side, the company reported a significant increase in revenue, with a 13.13% year-on-year growth, reaching ₹257.66 crores. Additionally, net profit surged by an impressive 213.90% year-on-year to ₹11.74 crores, indicating a strong recovery compared to the previous quarter.<BR><BR>However, beneath these headline figures, there are concerning trends. The profit after tax (PAT) margin has compressed to 4.70%, down from 7.20% in the same quarter last year, signaling a deterioration in profitability despite the revenue growth. This compression in margins is primarily due to escalating interest costs, which rose dramatically by 178.16% year-on-year, consuming a significant portion of the operating profit.<BR><BR>Furthermore, while the operating margin improved to 14.62%, the overall financial health of the company raises questions. The high debt burden, reflected in a debt-to-EBITDA ratio of 16.95, poses risks to financial sustainability. The absence of institutional investment also highlights potential concerns regarding the company's credibility and liquidity.<BR><BR>In summary, while Precot Ltd has shown strong revenue and profit growth in its latest results, the underlying operational challenges and margin pressures suggest that caution is warranted. The company faces significant hurdles in translating revenue growth into sustainable profitability.

Is Precot technically bullish or bearish?

As of December 1, 2025, Precot's trend is mildly bearish, supported by mixed MACD signals, bearish Bollinger Bands and moving averages, and weak bullish indicators in RSI and OBV.

As of 1 December 2025, the technical trend for Precot has changed from bearish to mildly bearish. The current stance is mildly bearish. Key indicators include the weekly MACD showing mildly bullish momentum, while the monthly MACD is mildly bearish. The Bollinger Bands and daily moving averages are both bearish, indicating downward pressure. The Dow Theory presents a mixed view with weekly mildly bearish and monthly mildly bullish signals. Overall, the lack of strong bullish signals in the RSI and OBV further supports the mildly bearish outlook.

How has been the historical performance of Precot?

Precot's historical performance shows fluctuating sales, with net sales at 868.19 Cr in March 2025, up from 840.60 Cr in March 2024 but down from 953.82 Cr in March 2023. While operating profit and net profit improved significantly, the company faces challenges in maintaining sales and asset levels.

Answer:<BR>The historical performance of Precot shows a fluctuating trend in its financial metrics over the years.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Precot reported net sales of 868.19 Cr, an increase from 840.60 Cr in March 2024, but a decline from 953.82 Cr in March 2023. The total operating income for March 2025 was also 868.19 Cr, reflecting a similar trend. The raw material cost increased slightly to 480.22 Cr from 472.35 Cr in the previous year, while total expenditure decreased to 757.26 Cr from 770.75 Cr. Operating profit (PBDIT) rose significantly to 115.25 Cr in March 2025, compared to 79.07 Cr in March 2024, showcasing improved operational efficiency. However, profit before tax was 67.91 Cr, up from 25.42 Cr in the prior year, and profit after tax increased to 51.77 Cr from 22.65 Cr. The consolidated net profit for March 2025 was 32.89 Cr, a rise from 16.78 Cr in March 2024. The earnings per share (EPS) improved to 27.41 from 13.98, indicating better profitability per share. On the balance sheet, total assets decreased to 938.69 Cr from 952.30 Cr, while total liabilities also fell to 938.69 Cr from 952.30 Cr, reflecting a stable financial position. Cash flow from operating activities was 115.00 Cr, slightly down from 121.00 Cr, and the net cash outflow was 6.00 Cr, indicating a minor cash drain. Overall, while Precot has shown some recovery in profits and operational metrics, it continues to face challenges in maintaining sales and asset levels.

Who are the top shareholders of the Precot?

The top shareholders of Precot include Ashwin Chandran, who holds 19.36%, and Anil Kumar Goelt, the largest public shareholder with 3.53%. Individual investors own 30.13%, while institutional holdings are minimal.

The top shareholders of Precot include the promoters, who hold the majority of the shares. The promoter with the highest holding is Ashwin Chandran, owning 19.36% of the company. Additionally, the highest public shareholder is Anil Kumar Goelt, with a holding of 3.53%. Individual investors collectively hold 30.13% of the shares. There are also some institutional holdings, with one foreign institutional investor (FII) holding 0.23% and one mutual fund scheme holding a negligible amount.

Is Precot overvalued or undervalued?

As of May 26, 2025, Precot is considered undervalued with a PE ratio of 15.21 and has outperformed the Sensex with a 51.98% stock return, contrasting sharply with peers like K P R Mill Ltd and Trident, which have much higher PE ratios.

As of 26 May 2025, Precot's valuation grade has moved from very attractive to attractive, indicating a shift in market perception. The company is currently assessed as undervalued, with a PE ratio of 15.21, an EV to EBIT of 11.31, and a PEG ratio of 0.09, which suggests strong growth potential relative to its price. <BR><BR>In comparison to peers, Precot's valuation stands out against K P R Mill Ltd, which is deemed very expensive with a PE ratio of 47.51, and Trident, which is rated fair with a PE of 42.6. This positions Precot favorably within the garments and apparel industry. Additionally, Precot has significantly outperformed the Sensex over the past year, with a stock return of 51.98% compared to the Sensex's 7.84%, reinforcing its undervalued status.

When is the next results date for Precot?

No Upcoming Board Meetings

What is the bonus history of the Precot?

Precot Ltd announced a 1:2 bonus issue on October 3, 2013, with a record date of October 4, 2013, meaning shareholders received one additional share for every two shares held.

Precot Ltd has a bonus history that includes a 1:2 bonus issue announced on October 3, 2013. The record date for this bonus was October 4, 2013. This means that for every two shares held, shareholders received one additional share as a bonus. If you have any more questions about Precot or its financial activities, feel free to ask!

Has Precot declared dividend?

Precot Ltd has declared a 15% dividend, amounting to ₹1.5 per share, with an ex-date of August 13, 2024. While the recent 6-month performance shows a decline, long-term returns over 1 to 5 years indicate significant growth, particularly in price returns.

Precot Ltd has declared a 15% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 15%<BR>- Amount per share: 1.5<BR>- Ex-date: 13 Aug 24<BR><BR>Dividend Yield: 0.28%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -13.6%, with a dividend return of 0%, resulting in a total return of -13.6%.<BR><BR>Over the past year, the price return was 48.56%, the dividend return was 0.38%, leading to a total return of 48.94%.<BR><BR>In the 2-year period, the price return was 206.42%, the dividend return was 0.83%, culminating in a total return of 207.25%.<BR><BR>For the 3-year period, the price return was 124.55%, the dividend return was 3.39%, which resulted in a total return of 127.94%.<BR><BR>In the last 4 years, the price return was 229.17%, with a dividend return of 3.29%, giving a total return of 232.46%.<BR><BR>Over the past 5 years, the price return was 2568.48%, the dividend return was 30.24%, resulting in a total return of 2598.72%.<BR><BR>Overall, Precot Ltd has declared a dividend, and while the recent 6-month performance shows a decline, the longer-term returns over 1 to 5 years indicate significant growth, particularly in price returns. The dividend yield remains modest, reflecting a balance between returns and shareholder payouts.