Graph not available
Graph not available

Open Demat Account

50years
50 Years
of Trust & Legacy
₹0 AMC
for First Year
₹0 Brokerage
on Delivery, Intraday, Currency and NSE F&O
left-arrow
Fundamentals
Financials
Shareholding
Resistance/Support
Delivery and Volume
About
Management
News
Similar Stocks
right-arrow

Precot Ltd Fundamentals

Market Cap
₹ 450 Cr
P/E Ratio (TTM)
0.00
P/B Ratio
1.12
Debt to Equity
0.87
ROE
EPS (TTM)
0.00
Dividend Yield
0.00 %
Book Value
334.08

Click here to know more about Fundamentals

Precot Ltd Financials

Precot Ltd Financials

Precot Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 61.51 % 61.51 % 61.51 % 61.51 %
Retail 30.91 % 31.47 % 31.43 % 31.46 %
Others 7.31 % 7.02 % 7.06 % 7.03 %
FII 0.27 % 0.00 % 0.00 % 0.00 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

61.51%

Retail

30.91%

Others

7.31%

FII

0.27%

Mutual Funds

0.00%

Promoters

61.51%

Retail

31.47%

Others

7.02%

FII

0.00%

Mutual Funds

0.00%

Promoters

61.51%

Retail

31.43%

Others

7.06%

FII

0.00%

Mutual Funds

0.00%

Promoters

61.51%

Retail

31.46%

Others

7.03%

FII

0.00%

Mutual Funds

0.00%

Resistance and Support

₹365.68

PIVOT

resistance-arrow
Resistance
First Resistance₹370.367
Second Resistance₹379.683
Third Resistance₹384.367
support-arrow
Support
First Support₹356.367
Second Support₹351.683
Third Support₹342.367

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day2,5162,116100.00
Week2,1162,619-15.90
1 Month2,1166,561-15.90
6 Months2,024,3871,371,51482.62

About Precot Ltd

Promoted by N Damodaran, Precot Ltd (Formerly known Precot Meridian Limited) was incorporated in June, 1962 in Palakad, Kerala, to produce cotton yarn with an initial capacity of 12,096 spindles. The Company made its maiden issue in 1962. The first production of cotton yarn commenced during 1964 with an initial capacity of 12,096 spindles at Kanjikode, Kerala. The company changed its name to the present one in 1985. At present it has units in the four southern states of India viz., Tamil Nadu, Kerala, Andhra Pradesh and Karnataka with a total spinning capacity of 2,25,000 spindles and 960 rotors. PML set up its second mill in Kodigenahalli, Andhra Pradesh, with an installed capacity of 28,800 spindles which was expanded to 51,840 spindles in 1991. In the next year, PML set up a 100% EOU at Walayar, Kerala (inst. cap. 10,080 spindles and 384 rotors). The open end spinning unit of the company was commissioned in Sep.'95 which reached its full capacity of 1152 rotors. It has set up a wholly owned subsidiary in Malaysia to exploit the Asia-Pacific region. During 1996-97, PML has increased the installed capacity of Spindles by 6336 Nos. CGF Investments which was a Subsidiary of the company and now has been merged with Coimbatore General Finance which is another subsidiary of the company with effect from 1st Feb.'97. A new yarn dyeing unit with a capacity of 2 tonnes per day was commissioned in Gauribindur, Karnataka which enabled the company to enhance its sale of value added dyed yarn in the domestic market. The company has taken over its subsidiary company Suprem Textiles Processing Ltd for convenience of administrative purpose. A forward integration plan for manufacture of yarn dyed shirting fabrics has been set up a Weaving Unit at Vettaikaranpurdur near Pollachi.This unit commenced its commercial production at a cost of Rs.1140 lacs in 2001. Under the TUF scheme the company made a capital investment to its Weaving unit and also set up an captive dyeing unit. The project was financed by term loans from Andhra Bank. The company made a buy back of 5.5 lac equity shares starting from April 2002 to July 2002. After the post buy back the equity capital stands reduced to Rs.545 lacs. To reduce energy cost the company installed 4 wind turbines in September 2002 at a cost of RS.1165 lacs. The company made a capital expenditure to the tune of Rs.3505 lacs during 2002-03 and the same was financed by term loan from ICICI bank. In 2013, the Company set up a Technical Textile Plant at Hassan, in Karnataka, which commercial production from June, 2013. During the year 2017-18, the subsidiary companies, namely Precot Meridian Energy Limited, Suprem Textiles Processing Limited and Multiflora Processing Coimbatore Limited, were merged with the Company effective on 01 April, 2016. During the year 2020-21, name of the Company was changed from 'Precot Meridian Limited' to 'Precot Limited' effective on 14 December, 2020. During year 2022-23, the 'own captive' solar plants was installed in the Kanjikode and Hindupur units.

Managing Director

1962

Founded

Ashwin Chandran

NSE Symbol

PRECOT

Precot Ltd Management

NameDesignation
Ashwin Chandran Chairman & Managing Director
Prashanth Chandran Vice Chairman & M.D.
Jairam Varadaraj. Independent Director
C N Srivatsan Independent Director
Sumanth Ramamurthi Independent Director
R Bhuvaneshwari Independent Director
T Kumar Director
P Vijay Raghunath Independent Director
S Kavitha Company Sec. & Compli. Officer
Arun Selvaraj Independent Director
Vinay Balaji Naidu Independent Director

Precot Ltd News

Precot to conduct board meeting
On 23 May 2024
Precot reports consolidated net profit of Rs 8.81 crore in the December 2023 quarter
Sales decline 1.05% to Rs 216.95 crore
Precot to convene board meeting
On 12 February 2024
Precot reports consolidated net loss of Rs 1.08 crore in the September 2023 quarter
Sales rise 12.31% to Rs 254.17 crore
Precot to table results
On 10 November 2023
Precot reports consolidated net loss of Rs 3.09 crore in the June 2023 quarter
Sales decline 11.72% to Rs 212.99 crore
Precot schedules AGM
On 27 September 2023
Precot revises board meeting date
To 10 August 2023
Precot to discuss results
On 11 August 2023
Precot reports consolidated net loss of Rs 8.90 crore in the March 2023 quarter
Sales decline 15.50% to Rs 231.86 crore

Similar Stocks

CompanyMarket CapMarket PriceP/E Ratio
Grasim Industries Ltd₹ 162998.21 Cr
₹ 2,408.70
(-1.15 %)
108.42
Trident Ltd₹ 19416.02 Cr
₹ 37.95
(-0.39 %)
53.66
Raymond Ltd₹ 14843.94 Cr
₹ 2,247.55
(0.80 %)
26.71
Welspun Living Ltd₹ 13974.61 Cr
₹ 144.05
(0.17 %)
23.48
Alok Industries Ltd₹ 13282.02 Cr
₹ 26.70
(-0.19 %)
0.00

Precot Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Precot Ltd shares in BlinkX

Precot Ltd's P/E ratio is 0.00 times as of May 23, 2024 at 11:41 AM.

Precot Ltd's most recent financial reports indicate a price-to-book ratio of 1.12, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Precot Ltd's market is 450 Cr as on May 23, 2024 at 11:41 AM.

The current financial records of Precot Ltd show a % ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Precot Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in Precot Ltd stands at 61.51%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 0.00% to 0.27%.