Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹766 Cr.
Stock P/E
21.4
P/B
1.5
Current Price
₹638.4
Book Value
₹ 422.8
Face Value
10
52W High
₹899
52W Low
₹ 300.1
Dividend Yield
0.63%

Precot Overview

Business

Precot Ltd. is an Indian textile company primarily engaged in the manufacturing of yarn. Its core business model involves spinning various types of fibers, including cotton, synthetic, and blended yarns. The company makes money by processing raw fibers into finished yarns, which are then sold to weavers, knitters, and other textile manufacturers for use in apparel, home textiles, and industrial applications.

Revenue Mix

The company operates predominantly in the Textile - Spinning segment. While specific sub-segmentation (e.g., based on fiber type or yarn count) and detailed revenue contribution percentages are not provided, its primary revenue stream is derived from the production and sale of diverse yarn products.

Industry

Precot Ltd. operates in the Indian textile spinning industry, which is a significant part of the global textile value chain. The industry is characterized by a large number of players, ranging from large integrated mills to smaller standalone units. It is generally capital-intensive and susceptible to fluctuations in raw material prices (especially cotton) and demand from downstream weaving and knitting sectors. Precot Ltd., as a publicly listed entity, is a structured player within this competitive landscape, likely focusing on operational efficiency and product quality to maintain its market position.

MOAT

The spinning industry is largely a commodity business, making strong moats challenging. Precot Ltd.'s potential competitive advantages could stem from:

Operational Efficiency & Scale: Ability to achieve cost efficiencies through modern machinery, optimized processes, and scale of operations.

Product Diversification: Offering a range of cotton, synthetic, and blended yarns catering to diverse customer needs.

Customer Relationships: Long-standing relationships with domestic and international buyers built on consistent quality and timely delivery.

Geographic Presence: Strategic location of manufacturing facilities in textile hubs could offer logistical advantages.

Growth Drivers

Key factors that could drive Precot Ltd.'s growth over the next 3-5 years include:

Rising Domestic Consumption: Growth in India's population and disposable income leading to increased demand for textiles and apparel.

Export Opportunities: Favorable government policies and global demand shifts could boost textile exports.

Capacity Expansion/Modernization: Investment in new machinery or increased production capacity to meet growing demand and enhance efficiency.

Value-Added Products: Focus on specialized yarns (e.g., sustainable, functional, high-performance) to command better margins.

Government Initiatives: Support from schemes like the Production Linked Incentive (PLI) for textiles in India.

Risks

Raw Material Price Volatility: Significant fluctuations in cotton prices (and other fiber prices) directly impact cost of goods sold and profitability.

Intense Competition: The fragmented nature of the spinning industry leads to price pressures and challenges in maintaining market share.

Demand Fluctuations: Economic downturns, changes in fashion trends, or inventory cycles in downstream industries can affect yarn demand.

Currency Exchange Rate Fluctuations: As an exporter/importer, adverse movements in foreign exchange rates can impact profitability.

High Power Costs: Energy is a significant cost component for spinning mills, making them vulnerable to electricity price increases.

Environmental Regulations: Increasingly stringent environmental norms could require additional capital expenditure for compliance.

Management & Ownership

Precot Ltd. is a publicly listed company, typically overseen by a Board of Directors and managed by professional executives. Indian companies like Precot often have a strong promoter group (founding families or individuals) who maintain a significant ownership stake and play a crucial role in strategic direction. The ownership structure generally includes the promoter group, institutional investors, and public shareholders.

Outlook

Precot Ltd. operates in the cyclical and competitive textile spinning industry. The company's performance is closely tied to domestic and global textile demand, as well as the volatility of raw material prices. The bull case rests on strong domestic consumption growth, favorable export dynamics supported by government policies, and the company's ability to drive operational efficiencies and diversify into higher-value products. The bear case involves persistent raw material price volatility, intense competition eroding margins, and potential slowdowns in global textile demand. Overall, Precot's outlook is one of navigating industry cycles through strategic investments in capacity and product mix, while focusing on cost management to maintain profitability.

Precot Share Price

Live · BSE / NSE · Inception: 1962
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Precot Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 228 208 221 212 228 206 214 208 258 246
Other Income 4 2 2 1 1 1 0 1 1 1
Total Income 233 210 222 213 229 208 214 209 258 247
Total Expenditure 206 183 191 186 200 178 188 186 221 196
Operating Profit 27 27 31 28 29 30 26 23 37 51
Interest 8 8 9 8 4 8 10 8 11 8
Depreciation 4 4 4 4 5 7 7 8 7 8
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 14 15 18 15 20 15 9 8 18 35
Provision for Tax 6 4 5 4 4 4 2 2 7 9
Profit After Tax 9 11 13 11 16 11 7 6 12 27
Adjustments 3 -2 -3 -2 -12 0 -0 -0 -0 0
Profit After Adjustments 12 9 11 9 4 11 7 6 12 27
Adjusted Earnings Per Share 10.1 7.8 8.8 7.7 3.1 9.4 5.9 4.8 9.8 22.2

Precot Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 684 679 709 790 726 665 993 954 841 868 886 926
Other Income 11 25 5 6 11 6 6 7 9 4 3 3
Total Income 695 705 715 796 737 671 1000 961 850 873 889 928
Total Expenditure 654 650 687 731 677 571 803 923 768 755 770 791
Operating Profit 41 54 27 65 60 100 197 38 81 118 118 137
Interest 39 44 42 42 40 34 30 39 34 31 40 37
Depreciation 38 34 33 31 33 33 33 33 20 19 29 30
Exceptional Income / Expenses -19 0 41 0 0 0 0 0 -2 0 0 0
Profit Before Tax -56 -24 -6 -8 -13 33 134 -35 25 68 50 70
Provision for Tax 0 0 0 0 4 0 28 -9 3 16 14 20
Profit After Tax -56 -24 -6 -8 -17 33 105 -26 23 52 36 52
Adjustments 0 0 0 0 0 0 0 0 -6 -19 0 0
Profit After Adjustments -56 -24 -6 -8 -17 33 105 -26 17 33 36 52
Adjusted Earnings Per Share -46.3 -19.7 -4.8 -6.9 -13.8 27.5 87.8 -21.7 14 27.4 29.9 42.7

Precot Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 78 349 343 336 310 342 444 406 418 448 481
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 159 141 178 147 123 105 82 145 144 103 130
Other Non-Current Liabilities 6 8 30 29 28 24 28 17 17 17 13
Total Current Liabilities 304 313 273 276 271 288 379 333 373 370 308
Total Liabilities 547 811 824 787 732 758 933 901 952 939 932
Fixed Assets 314 557 533 512 470 444 433 447 449 478 514
Other Non-Current Assets 42 40 34 36 22 28 62 44 81 70 66
Total Current Assets 191 214 256 240 240 286 438 409 422 388 350
Total Assets 547 811 824 787 732 758 933 901 952 939 932

Precot Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 3 1 -2 2 0 0 9 11 6 8 6
Cash Flow from Operating Activities 29 20 11 75 61 26 56 49 121 116 90
Cash Flow from Investing Activities -6 69 10 -8 21 -8 -55 -30 -69 -37 -64
Cash Flow from Financing Activities -23 -87 -17 -68 -82 -17 1 -23 -50 -81 -27
Net Cash Inflow / Outflow -0 2 4 -1 0 1 2 -4 1 -2 -1
Closing Cash & Cash Equivalent 2 3 2 1 0 1 1 1 1 1 1

Precot Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) -46.27 -19.69 -4.81 -6.89 -13.77 27.46 87.85 -21.69 13.99 27.41 29.87
CEPS(Rs) -14.6 8.81 22.33 19.25 13.51 55.1 114.95 6.15 35.22 58.68 53.85
DPS(Rs) 0 0 0 0 0 0 6 0 1.5 3 4
Book NAV/Share(Rs) 65.19 290.69 286.24 279.72 258.47 284.68 370.1 338.09 348.51 373.75 400.61
Core EBITDA Margin(%) 4.39 4.29 3.09 7.42 6.79 14.15 19.14 3.22 8.58 13.07 13
EBIT Margin(%) -2.41 2.97 5.12 4.25 3.76 10.02 16.52 0.48 7.13 11.42 10.11
Pre Tax Margin(%) -8.12 -3.48 -0.81 -1.05 -1.78 4.95 13.47 -3.62 3.02 7.82 5.64
PAT Margin (%) -8.12 -3.48 -0.81 -1.05 -2.28 4.95 10.61 -2.73 2.69 5.96 4.05
Cash Profit Margin (%) -2.56 1.56 3.78 2.92 2.23 9.94 13.89 0.77 5.03 8.11 7.3
ROA(%) -9.92 -3.48 -0.71 -1.03 -2.18 4.42 12.47 -2.84 2.44 5.48 3.83
ROE(%) -52.39 -11.06 -1.67 -2.44 -5.12 10.11 26.83 -6.12 5.5 11.95 7.72
ROCE(%) -3.31 3.43 5.1 4.75 4.17 10.36 22.32 0.58 7.63 12.7 11.19
Receivable days 23.33 25.73 31.64 35.51 42.5 52.51 44.47 49.49 54.18 51.3 51.12
Inventory Days 60.33 74.19 77.86 66.42 64.61 70.11 68.46 92.5 102.97 93.1 76.71
Payable days 17.82 18.97 23.9 25.14 31.56 38.12 25.31 29.66 57.88 76.52 58.99
PER(x) 0 0 0 0 0 3.94 3.6 0 22.95 16.08 17.77
Price/Book(x) 0.65 0.3 0.2 0.16 0.08 0.38 0.85 0.54 0.92 1.18 1.33
Dividend Yield(%) 0 0 0 0 0 0 1.9 0 0.47 0.68 0.75
EV/Net Sales(x) 0.65 0.66 0.62 0.51 0.45 0.67 0.73 0.62 0.89 0.98 1.1
EV/Core EBITDA(x) 10.91 8.29 16.13 6.15 5.43 4.48 3.7 15.52 9.17 7.2 8.26
Net Sales Growth(%) -8.47 -0.64 4.39 11.42 -8.1 -8.4 49.33 -3.97 -11.87 3.28 2
EBIT Growth(%) -862.61 222.75 79.69 -7.55 -18.62 144.14 146.17 -97.21 1209.5 65.52 -9.74
PAT Growth(%) -70.1 57.45 75.59 -43.38 -99.79 299.42 219.96 -124.69 187.03 128.61 -30.76
EPS Growth(%) -70.1 57.45 75.59 -43.38 -99.79 299.42 219.96 -124.69 164.49 95.96 9
Debt/Equity(x) 5.1 1.01 1.11 1.06 0.99 0.96 0.81 0.93 0.88 0.73 0.72
Current Ratio(x) 0.63 0.68 0.94 0.87 0.88 0.99 1.16 1.23 1.13 1.05 1.14
Quick Ratio(x) 0.21 0.21 0.37 0.39 0.43 0.54 0.52 0.5 0.51 0.48 0.61
Interest Cover(x) -0.42 0.46 0.86 0.8 0.68 1.98 5.41 0.12 1.74 3.17 2.26
Total Debt/Mcap(x) 7.83 3.4 5.4 6.71 11.97 2.52 0.94 1.73 0.96 0.62 0.54

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +2% -2% +6% +3%
Operating Profit CAGR 0% +46% +3% +11%
PAT CAGR -31% — +2% —
Share Price CAGR +61% +42% +21% +27%
ROE Average +8% +8% +9% -2%
ROCE Average +11% +11% +11% +7%

Precot Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 61.51 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 38.49 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 61.5161.5161.5161.5161.5161.5161.5161.5161.5161.51
FII 0.270.230.230.230.230.030000
DII 00.090.180.78000000
Public 38.2338.1738.0937.4838.2638.4638.4938.4938.4938.49
Others 0000000000
Total 100100100100100100100100100100

Precot Peer Comparison

Textile - Spinning Edit Columns

Precot Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Precot Pros & Cons

Pros

  • Debtor days have improved from 76.52 to 58.99days.

Cons

  • Company has a low return on equity of 8% over the last 3 years.
  • The company has delivered a poor profit growth of 1% over past five years.
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