Precot Limited

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

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

Precot Profile

Key Indicators

  • Authorised Capital ₹ 21.30 Cr
  • Paid Up Capital ₹ 12.00 Cr
  • Company Age 62 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 471.81 Cr
  • Satisfied Charges ₹ 1,395.33 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 nine 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 Mills 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 2024. 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 ₹471.81 Cr. The company has closed loans amounting to ₹1,395.33 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. Ravi Abburu, Suguna Ravichandran, Ashwin Chandran, and Six 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

    20 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Coimbatore

Industry

Environment
Manufacturing
FMCG

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.

Company report

Precot Limited

Explore comprehensive data for Precot Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (4)

NameDesignationAppointment DateStatus
Kavitha S Country flag representing In Company Secretary01-Jun-2018Current
Ashwin Chandran Country flag representing In Managing Director30-Jul-2003Current
Prashanth Chandran Country flag representing In Managing Director01-Apr-2011Current
Ravindrakumar Country flag representing In CFO22-Nov-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Venkatraman Prakash Country flag representing In Director 01-Jun-2024Current
Ravi Abburu Country flag representing In Whole-Time Director 01-Jun-2024Current
Suguna Ravichandran Country flag representing In Director 01-Jun-2024Current
Panchapakesan Raghunath Country flag representing In Director 01-Jun-2017Current
Arun Selvaraj Country flag representing In Director 01-Jun-2022Current
Kumar Thillai Country flag representing In Whole-Time Director 26-May-2017Current

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%.

Precot revenue growth over time
Precot 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

₹471.81 Cr

Satisfied Charges

₹1,395.33 Cr

Charges Breakdown by Lending Institutions

  • Others : 192.36 Cr
  • Indian Overseas Bank : 87.38 Cr
  • Hdfc Bank Limited : 65.60 Cr
  • Idbi Bank Limited : 64.50 Cr
  • State Bank Of India : 61.97 Cr

Latest Charge Details

DateLenderAmountStatus
25 Dec 2024Others₹10.00 CrOpen
30 May 2024Indian Overseas Bank₹10.00 CrOpen
24 Apr 2024Indian Overseas Bank₹8.09 MOpen
21 Aug 2023Others₹14.81 CrOpen
21 Aug 2023Others₹46.32 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.

Employee growth trends for Precot Limited

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 18 Jan 2023 via Charge ID 100676341 with Others was fully satisfied on 27 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101032820 was registered on 25 Dec 2024.

  • Charges

    A charge registered on 22 Mar 2022 via Charge ID 100557731 with State Bank Of India was fully satisfied on 16 Sep 2024.

  • Charges

    A charge registered on 12 Aug 2022 via Charge ID 100607729 with State Bank Of India was fully satisfied on 27 Aug 2024.

  • Annual General Meeting

    Precot Limited last Annual general meeting of members was held on 20 Aug 2024 as per latest MCA records.

  • Director Appointment

    Ravi Kumar Abburu was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Jun 2024 & has been associated with this company since 9 months 18 days .

Frequently asked questions

  • What is the Incorporation or founding date of Precot Limited?

    Precot Limited was incorporated on 02 Jun 1962.

  • What is authorized share capital and paid-up capital of Precot Limited?

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

  • Who are the current board members & directors of Precot Limited?

    Currently 11 directors are associated with Precot Limited.

    • Kavitha S
    • Ravi Kumar Abburu
    • Suguna Ravichandran
    • Ashwin Chandran
    • Panchapakesan Vijay Raghunath
    • Venkatraman Prakash
    • Arun Selvaraj
    • Prashanth Chandran
    • Kumar Thillai
    • Vinay Balaji Naidu
    • Ravindrakumar

  • What is the registered address of Precot Limited?

    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, Udaiy Ampalayam, Coimbatore, Tamil Nadu, 641028.

  • What is the corporate identification number (CIN) and company number of Precot Limited?

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

  • Is Precot Limited registered with any stock exchange in India?

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

  • What is the official website of Precot Limited?

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

  • What has been the recent revenue trend for Precot Limited?

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

  • How many employees does Precot Limited currently have?

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

  • What change has been observed in the net worth of Precot Limited, and by what percentage?

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

  • What are the total open charges for Precot Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Precot Limited amount to ₹ 471.81 Cr.

  • When was the last Balance Sheet of Precot Limited filed with the ROC?

    The most recent Balance Sheet for Precot Limited was filed with the ROC on 31 Mar 2024.

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