Precot Limited

Manufacturer of textile yarn and health/hygiene care products in southern India.

1962 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: June 23, 2024

Precot Profile

Key Indicators

  • Authorised Capital ₹ 21.30 Cr
  • Paid Up Capital ₹ 12.00 Cr
  • Company Age 62 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 548.33 Cr
  • Satisfied Charges ₹ 1,298.00 Cr
  • Revenue Growth -3.87%
  • Profit Growth -124.68%
  • Ebitda -85.29%
  • Net Worth -9.13%
  • Total Assets -2.92%

About Precot

Precot Limited (PL) was founded in India on 02 June 1962 and has a glorious history of 62 years and eight months. Its registered office is in Coimbatore, Tamil Nadu, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol PRECOT.

The Corporate was formerly known as Precot Limited. The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 21.30 Cr and a paid-up capital of Rs 12.00 Cr.

The company currently has active open charges totaling ₹548.33 Cr. The company has closed loans amounting to ₹1,298.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Precot Limited India are Kavitha S as COMPANY SECRETARY and Ravindrakumar as Cfo. Srivatsan Natarajan, Arun Selvaraj, Panchapakesan Raghunath, and Five other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17111TZ1962PLC001183

  • Company No.

    001183

  • Stock Symbol

    NSE : PRECOT

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Jun 1962

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Coimbatore

Industry

Environment
FMCG
Manufacturing

What products or services does Precot Limited offer?

Precot Limited offers a wide range of products and services, including Charity & Non Profit Organizations, Welfare Organization Services, Bandages & Dressing Disposables, Cotton Pad, Child and Baby Care Products, Baby Care Products, Cotton Yarn, Compact Cotton Yarn.

Who are the key members and board of directors at Precot?

Executive Team (4)

NameDesignationAppointment DateStatus
Ashwin Chandran Country flag representing In Managing Director30-Jul-2003Current
Kavitha S Country flag representing In Company Secretary01-Jun-2018Current
Ravindrakumar Country flag representing In CFO22-Nov-2022Current
Prashanth Chandran Country flag representing In Managing Director01-Apr-2010Current

Board Members (6)

NameDesignationAppointment DateStatus
Srivatsan Natarajan Country flag representing In Director 25-Nov-2004Current
Arun Selvaraj Country flag representing In Director 01-Jun-2022Current
Panchapakesan Raghunath Country flag representing In Director 01-Jun-2017Current
Kumar Thillai Country flag representing In Whole-Time Director 26-May-2017Current
Vidyasankar Bhuvaneshwari Country flag representing In Director 30-May-2014Current
Vinay Naidu Country flag representing In Director 01-Jun-2022Current

Financial Performance of Precot.

Precot Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.87% decrease. The company also saw a substantial fall in profitability, with a 124.68% decrease in profit. The company's net worth dipped by a decrease of 9.13%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-3.87%
Revenue from Operations
-3.97%
Total Assets
-2.92%
Profit or Loss
-124.68%
Net Worth
-9.13%
EBITDA
-85.29%

What is the Ownership and Shareholding Structure of Precot?

In 2022, Precot had a promoter holding of 61.51% and a public holding of 38.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹548.33 Cr

Satisfied Charges

₹1,298.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 252.36 Cr
  • State Bank Of India : 89.30 Cr
  • Indian Overseas Bank : 76.57 Cr
  • Hdfc Bank Limited : 65.60 Cr
  • Idbi Bank Limited : 64.50 Cr

Latest Charge Details

DateLenderAmountStatus
21 Aug 2023Others₹14.81 CrOpen
21 Aug 2023Others₹46.32 CrOpen
18 Aug 2023Indian Overseas Bank₹50.00 CrOpen
18 Aug 2023Indian Overseas Bank₹12.48 CrOpen
18 Aug 2023Indian Overseas Bank₹14.09 CrOpen

How Many Employees Work at Precot?

Precot has a workforce of 1569 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Precot, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Precot's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Precot

Recent activity within the organization

  • Charges

    A charge registered on 10 Nov 2011 via Charge ID 10322556 with Others was fully satisfied on 07 Dec 2023.

    07 Dec 2023

  • Charges

    A charge registered on 05 Jan 2021 via Charge ID 100439024 with Others was fully satisfied on 20 Oct 2023.

    20 Oct 2023

  • Charges

    A charge registered on 28 Mar 2017 via Charge ID 100093994 with Others was fully satisfied on 20 Oct 2023.

    20 Oct 2023

  • Charges

    A charge registered on 04 Jul 2022 via Charge ID 100595591 with Others was fully satisfied on 11 Oct 2023.

    11 Oct 2023

  • Charges

    A charge registered on 16 Apr 2021 via Charge ID 100437378 with Others was fully satisfied on 11 Oct 2023.

    11 Oct 2023

  • Annual General Meeting

    Precot Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

Frequently asked questions

  • Precot Limited was incorporated on 02 Jun 1962.

  • The authorized share capital of Precot Limited is ₹ 21.30 Cr and paid-up capital is ₹ 12.00 Cr.

  • Currently 10 directors are associated with Precot Limited.

    • Srivatsan Coimbatore Natarajan
    • Arun Selvaraj
    • Panchapakesan Vijay Raghunath
    • Ashwin Chandran
    • Kavitha S
    • Ravindrakumar
    • Kumar Thillai
    • Prashanth Chandran
    • Vidyasankar Bhuvaneshwari
    • Vinay Balaji Naidu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precot Limited is Sf No.559/4 D Block 4Th Floor, Hanudev Info Park Nava India Road Udaiyampalayam, Coimbatore, Tamil Nadu, 641028.

  • The corporate identification number (CIN) of Precot Limited is L17111TZ1962PLC001183 and the company number is 001183 as per Ministry of Corporate Affairs (MCA).

  • Yes, Precot Limited is registered on National Stock Exchange (NSE).

  • The Official website of Precot Limited is https://www.precot.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Precot Limited has fallen by -3.87%.

  • As Per 2023 financial reports, 1569 employees are currently employed by Precot Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Precot Limited has experienced an downturn of -9.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Precot Limited amount to ₹ 548.33 Cr.

  • The most recent Balance Sheet for Precot Limited was filed with the ROC on 31 Mar 2023.

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