Precot

PRECOTMERIDIAN07 May 2024

Textiles

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-6.55 (-1.74%)

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Precot

Textiles

PRECOTMERIDIAN07 May 2024

₹

-6.55 (-1.74%)

OverviewFundamentals

Corporate action

Peer comparison

Income Sheet

Balance sheet

Cash flow

Share holding

About Us

Corporate Action

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

All

Dividends

Bonus

Splits

Others

Ex-Date	Type	Description	Record Date	Ratio
25-May-2022	D	Precot Limited has informed the Exchange that Board of Directors at its meeting held on 25-May-2022, declared Dividend of Rs. 6 per equity share. Precot Limited has informed the Exchange that Register of Members & Share Transfer Books of the Company will remain closed from 17-Aug-2022 to 22-Aug-2022 for the purpose of Dividend & Meeting. (As Per NSE Announcement Dated on 30.07.2022)	11-Aug-2022
30-May-2014	D	Precot Meridian Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 30, 2014 has recommended a dividend of Rs. 2 per equity share of Rs.10 (20%) for the financial year 2013-14 and is subject to approval by the members in the ensuing annual general meeting.	27-Aug-2014
27-May-2013	D	Precot Meridian Limited had informed the Exchange that the Register of Members of the Company will remain closed from September 09,2013 to September 20,2013 (both days inclusive) for the purpose of dividend.Further,the Annual General Meeting of the Company would be held on September 20,2013.The Company has now informed the Exchange that 'The Board of Directors of the company passed a circulation resolution on July 12, 2013 for change in the book closure date.Accordingly,the Register of Members of the Company will remain closed from August 30,2013 to September 02,2013 (both days inclusive) for the purpose of Dividend.Further, the date of the Annual General Meeting and dividend rate remains same i.e.September 20, 2013.and Re.1 per share respectively.'	28-Aug-2013
27-May-2011	D	Meridian Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 27, 2011 has recommended a dividend of Rs.10/- per equity share(100%) for the financial year 2010-11 and is subject to approval by the members in the ensuing Annual General Meeting scheduled on August 19, 2011.	08-Aug-2011
31-May-2010	D	Precot Meridian Limited has informed the Exchange that the Board of Directors at its meeting held on May 29, 2010 have recommended a Dividend of Rs. 5 per equity share of Rs. 10 each (50%) for the Financial year 2009-10.	28-Jul-2010
09-Jun-2008	D	Precot Meridian Limited has informed the Exchange that a dividend of 20% has been recommended by the Board, in its meeting held on June 07, 2008.	30-Jul-2008
15-Jun-2007	D	50% Dividend	24-Jul-2007
01-Oct-2013	B	1:2 Bonus Issue of Equity Shares	04-Oct-2013	1:2
25-Jan-2024	BC	To consider and approve the financial results for the period ended December 31, 2023 Precot Limited has informed the Exchange regarding Board meeting held on February 12, 2024. As Per NSE Anno	12-Feb-2024
28-Oct-2023	BC	To consider and approve the financial results for the period ended September 30, 2023 Precot Limited has informed the Exchange regarding Board meeting held on November 10, 2023. (As Per NSE An	10-Nov-2023
31-Jul-2023	BC	Precot Limited has informed the Exchange about Copy of Newspaper Publication- Notice to the Shareholders regarding conducting of Annual General Meeting through Video conference (VC)/Other Audio Visu	27-Sep-2023
24-Aug-2023	BC	Precot Limited has informed the Exchange that Register of Members & Share Transfer Books of the Company will remain closed from 21-Sep-2023 to 27-Sep-2023 for the purpose of Annual General Meeting.	21-Sep-2023
16-Sep-2023	BC	Precot Limited has informed the Exchange regarding Outcome of Board Meeting held on September 16, 2023.	16-Sep-2023

Announcement Date25-May-2022

Ex Dividend Date11-Aug-2022

Dividend(%)60

Announcement Date30-May-2014

Ex Dividend Date27-Aug-2014

Dividend(%)20

Announcement Date27-May-2013

Ex Dividend Date28-Aug-2013

Dividend(%)10

Announcement Date27-May-2011

Ex Dividend Date08-Aug-2011

Dividend(%)100

Announcement Date31-May-2010

Ex Dividend Date28-Jul-2010

Dividend(%)50

Announcement Date09-Jun-2008

Ex Dividend Date30-Jul-2008

Dividend(%)20

Announcement Date15-Jun-2007

Ex Dividend Date24-Jul-2007

Dividend(%)50

No Rights has been declared by PRECOTMERIDIAN

Book Closure

Record Date	Split Date	Purpose
12-Feb-2024	-	To consider and approve the financial results for the period ended December 31, 2023 Precot Limited has informed the Exchange regarding Board meeting held on February 12, 2024. As Per NSE Anno
10-Nov-2023	-	To consider and approve the financial results for the period ended September 30, 2023 Precot Limited has informed the Exchange regarding Board meeting held on November 10, 2023. (As Per NSE An
27-Sep-2023	-	Precot Limited has informed the Exchange about Copy of Newspaper Publication- Notice to the Shareholders regarding conducting of Annual General Meeting through Video conference (VC)/Other Audio Visu
21-Sep-2023	01 Jan'1900	Precot Limited has informed the Exchange that Register of Members & Share Transfer Books of the Company will remain closed from 21-Sep-2023 to 27-Sep-2023 for the purpose of Annual General Meeting.
16-Sep-2023	-	Precot Limited has informed the Exchange regarding Outcome of Board Meeting held on September 16, 2023.

Peer Comparison

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Scrip Name	Price	Daily Change	M.Cap (Cr)	1 Year Returns %	P/E (TTM)	PB Ratio
Precot Ltd ₹370.00(-6.55/-1.74%)	370.00	-6.55	444.00	103.13	0.00	1.18
Shekhawati Poly-Yarn Ltd ₹2.75(-0.05/-1.79%)	2.75	-0.05	94.79	358.33	15.33	-0.68
Himatsingka Seide Ltd ₹134.40(-2.05/-1.50%)	134.40	-2.05	1,323.30	54.84	11.75	0.76
Grasim Industries Ltd ₹2,421.00(-32.30/-1.32%)	2,421.00	-32.30	161,954.56	36.68	107.67	3.20
Jindal Worldwide Ltd ₹336.25(-4.40/-1.29%)	336.25	-4.40	6,742.50	-2.20	93.07	10.08
Sumeet Industries Ltd ₹2.00(+0.05/2.56%)	2.00	+0.05	20.73	-36.51	0.00	-0.31

Income Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22
Gross Sales	216.95	254.17	212.99	231.86	219.25	226.32
Excise Duty	0.00	0.00	0.00	0.00	0.00	0.00
Net Sales	216.95	254.17	212.99	231.86	219.25	226.32
Other Operating Income	10.77	12.14	11.23	6.14	7.75	9.04
Other Income	1.99	1.33	2.48	3.70	1.46	0.62
Total Income	229.70	267.64	226.70	241.70	228.46	235.98
Total Expenditure	209.99	251.83	216.98	238.01	247.92	222.00
PBIDT	19.71	15.81	9.72	3.69	-19.47	13.98
Interest	8.09	11.85	9.74	7.88	8.68	9.47
PBDT	11.62	3.95	-0.03	-4.19	-28.15	4.51
Depreciation	5.12	5.03	7.39	8.40	8.55	8.39
Tax	-2.31	0.00	-2.50	0.00	-3.51	-0.70
Deferred Tax	0.00	0.00	-1.83	-3.69	-5.25	-0.05
Reported Profit After Tax	8.81	-1.08	-3.09	-8.90	-27.94	-3.13
Extra-ordinary Items	0.00	-1.84	0.00	0.00	0.00	0.00
Adjusted Profit After Extra-ordinary item	8.81	0.76	-3.09	-8.90	-27.94	-3.13

EPS (Unit Curr.)	7.34	-0.90	-2.58	-7.42	-23.28	-2.61
EPS (Adj) (Unit Curr.)	7.34	-0.90	-2.58	-7.42	-23.28	-2.61
Calculated EPS (Unit Curr.)	7.34	-0.90	-2.58	-7.42	-23.28	-2.61
Calculated EPS (Adj) (Unit Curr.)	7.34	-0.90	-2.58	-7.42	-23.28	-2.61
Calculated EPS (Ann.) (Unit Curr.)	29.37	-3.59	-10.31	-29.68	-93.13	-10.43
Calculated EPS (Adj) (Ann.) (Unit Curr.)	29.37	-3.59	-10.31	-29.68	-93.13	-10.43
Book Value (Unit Curr.)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend (%)	0.00	0.00	0.00	0.00	0.00	0.00
Equity	12.00	12.00	12.00	12.00	12.00	12.00
Reserve & Surplus	0.00	0.00	0.00	0.00	0.00	0.00
Face Value	10.00	10.00	10.00	10.00	10.00	10.00

Public Shareholding (No. Of Shares)	0.00	0.00	0.00	0.00	0.00	0.00
Public Shareholding (% in Equity)	0.00	0.00	0.00	0.00	0.00	0.00

Pledged/Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

Non Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

PBIDTM(%)	9.09	6.22	4.56	1.59	-8.88	6.18
PBDTM(%)	5.36	1.55	-0.01	-1.81	-12.84	1.99
PATM(%)	4.06	-0.42	-1.45	-3.84	-12.74	-1.38

Column	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22
Gross Sales	216.95	254.17	212.99	231.86	219.25	226.32
Excise Duty	0.00	0.00	0.00	0.00	0.00	0.00
Net Sales	216.95	254.17	212.99	231.86	219.25	226.32
Other Operating Income	10.77	12.14	11.23	6.14	7.75	9.04
Other Income	1.99	1.33	2.48	3.70	1.46	0.62
Total Income	229.70	267.64	226.70	241.70	228.46	235.98
Total Expenditure	209.99	251.83	216.98	238.01	247.92	222.00
PBIDT	19.71	15.81	9.72	3.69	-19.47	13.98
Interest	8.09	11.85	9.74	7.88	8.68	9.47
PBDT	11.62	3.95	-0.03	-4.19	-28.15	4.51
Depreciation	5.12	5.03	7.39	8.40	8.55	8.39
Minority Interest Before NP	0.00	0.00	0.00	0.00	0.00	0.00
Tax	-2.31	0.00	-2.50	0.00	-3.51	-0.70
Deferred Tax	0.00	0.00	-1.83	-3.69	-5.25	-0.05
Reported Profit After Tax	8.81	-1.08	-3.09	-8.90	-27.94	-3.13
Minority Interest After NP	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit after Minority Interest	8.81	-1.08	-3.09	-8.90	-27.94	-3.13

Extra-ordinary Items	0.00	-1.84	0.00	0.00	0.00	0.00
Adjusted Profit After Extra-ordinary item	8.81	0.76	-3.09	-8.90	-27.94	-3.13

EPS (Unit Curr.)	7.34	-0.90	-2.58	-7.42	-23.28	-2.61
Book Value (Unit Curr.)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend (%)	0.00	0.00	0.00	0.00	0.00	0.00
Equity	12.00	12.00	12.00	12.00	12.00	12.00

Public Shareholding (Number)	0.00	0.00	0.00	0.00	0.00	0.00
Public Shareholding (%)	0.00	0.00	0.00	0.00	0.00	0.00

Pledged/Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

Non Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

PBIDTM(%)	9.09	6.22	4.56	1.59	-8.88	6.18
PBDTM(%)	5.36	1.55	-0.01	-1.81	-12.84	1.99
PATM(%)	4.06	-0.42	-1.45	-3.84	-12.74	-1.38

Balance Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
SOURCES OF FUNDS :
Share Capital	12.00	12.00	12.00	12.00	12.00	12.00
Reserves Total	370.31	408.72	306.22	274.76	300.26	308.09
Equity Share Warrants	0.00	0.00	0.00	0.00	0.00	0.00
Equity Application Money	0.00	0.00	0.00	0.00	0.00	0.00
Total Shareholders Funds	382.31	420.72	318.22	286.76	312.26	320.09
Secured Loans	377.83	347.76	309.00	291.95	318.87	329.62
Unsecured Loans	0.90	11.94	20.17	16.13	35.50	49.96
Total Debt	378.73	359.70	329.17	308.08	354.37	379.58
Total Liabilities	761.04	780.42	647.39	594.84	666.63	699.67
APPLICATION OF FUNDS :
Gross Block	646.93	600.61	580.54	575.20	584.45	574.93
Less : Accumulated Depreciation	223.80	191.79	161.01	129.26	96.95	65.97
Less:Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	423.13	408.82	419.53	445.94	487.50	508.96
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	3.06	31.60	2.64	1.39	2.37	1.00
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	9.77	13.00	10.86	10.99	18.45	17.32
Current Assets, Loans & Advances	0.00	0.00	0.00	0.00	0.00	0.00
Inventories	242.01	241.41	131.20	124.32	132.75	154.81
Sundry Debtors	118.71	139.95	102.07	89.31	79.81	73.92
Cash and Bank	6.47	10.65	8.97	8.02	7.90	8.72
Loans and Advances	40.01	46.07	43.88	18.08	19.10	18.76
Total Current Assets	407.19	438.07	286.12	239.73	239.55	256.20
Less : Current Liabilities and Provisions	0.00	0.00	0.00	0.00	0.00	0.00
Current Liabilities	95.97	96.33	63.10	83.75	66.73	69.69
Provisions	3.11	5.64	2.25	1.80	1.57	1.25
Total Current Liabilities	99.08	101.97	65.35	85.55	68.30	70.94
Net Current Assets	308.11	336.11	220.77	154.18	171.25	185.26
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	17.70	6.95	0.00	0.00	0.00	0.00
Deferred Tax Liability	12.01	11.50	0.00	0.00	0.00	0.00
Net Deferred Tax	5.69	-4.55	0.00	0.00	0.00	0.00
Total Assets	749.76	784.98	653.80	612.50	679.56	712.55
Contingent Liabilities	32.87	39.66	23.94	24.27	25.10	39.59

Column	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
SOURCES OF FUNDS :
Share Capital	12.00	12.00	12.00	12.00	12.00	12.00
Reserves Total	393.71	432.12	329.62	298.16	323.66	331.49
Equity Share Warrants	0.00	0.00	0.00	0.00	0.00	0.00
Equity Application Money	0.00	0.00	0.00	0.00	0.00	0.00
Total Shareholders Funds	405.71	444.12	341.62	310.16	335.66	343.49
Minority Interest	0.00	0.00	0.00	0.00	0.00	0.00
Secured Loans	377.83	347.76	309.00	291.95	318.87	329.62
Unsecured Loans	0.90	11.94	20.17	16.13	35.50	49.96
Total Debt	378.73	359.70	329.17	308.08	354.37	379.58
Policy Holders Fund	0.00	0.00	0.00	0.00	0.00	0.00
Other Liabilities	23.06	22.83	21.62	27.79	28.87	29.72
Total Liabilities	807.50	826.65	692.41	646.03	718.90	752.79
APPLICATION OF FUNDS :
Gross Block	671.15	624.82	602.93	598.86	608.66	599.15
Less: Accumulated Depreciation	223.80	191.79	159.19	128.71	96.95	65.97
Less: Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	447.35	433.03	443.74	470.15	511.71	533.18
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	3.06	31.60	2.64	1.39	2.37	1.00
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	8.95	12.18	10.76	10.89	18.35	17.22
Current Assets, Loans & Advances	0.00	0.00	0.00	0.00	0.00	0.00
Inventories	242.01	241.41	131.20	124.32	132.75	154.81
Sundry Debtors	118.71	139.95	102.07	89.31	79.81	73.92
Cash and Bank	6.47	10.65	8.97	8.02	7.90	8.73
Loans and Advances	40.01	46.07	43.88	18.08	19.10	18.76
Total Current Assets	407.19	438.07	286.12	239.73	239.55	256.21
Less : Current Liabilities and Provisions	0.00	0.00	0.00	0.00	0.00	0.00
Current Liabilities	95.97	96.33	63.10	83.75	66.73	69.69
Provisions	3.11	5.64	2.25	1.80	1.57	1.25
Total Current Liabilities	99.08	101.97	65.35	85.55	68.30	70.94
Net Current Assets	308.11	336.11	220.77	154.18	171.25	185.27
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	17.70	6.95	0.00	0.00	0.00	0.00
Deferred Tax Liability	12.01	11.50	0.00	0.00	0.00	0.00
Net Deferred Tax	5.69	-4.55	0.00	0.00	0.00	0.00
Other Assets	34.34	18.29	14.50	9.42	15.22	16.13
Total Assets
Contingent Liabilities	32.87	39.66	23.94	24.27	25.10	39.59

Cash Flow

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

PARTICULARS	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Cash and Cash Equivalents at Beginning of the year	10.65	8.97	8.02	7.90	8.72
Net Cash from Operating Activities	49.23	55.54	26.00	61.33	75.48
Net Cash Used In Investing Activities	-35.91	-63.95	-16.15	13.48	-15.44
Net Cash Used In Financing Activities	-23.36	0.93	-16.79	-82.33	-68.07
Net Inc./Dec In Cash And Cash Equivalents	-10.03	-7.48	-6.93	-7.51	-8.04
Cash And Cash Equivalents At End Of The Year	0.61	1.48	1.09	0.38	0.69

Share Holding

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Promoter Shareholding

61.51%

FII Shareholding

0.27%

DII Shareholding

0.00%

Public Shareholding

38.23%

**Promoter pledged shareholding 61.51%

About Precot Ltd

Precot Ltd is in the Textiles sector, having a market capitalization of Rs. 444 crores. It has reported a sales of Rs. 216.95 crores and a net profit of Rs. 8.81 crores for the quarter ended December 2018. The company management includes Ashwin Chandran, Ashwin Chandran,Prashanth Chandran,Jairam Varadaraj.,C N Srivatsan,Sumanth Ramamurthi,R Bhuvaneshwari,T Kumar,P Vijay Raghunath,S Kavitha,Arun Selvaraj,Vinay Balaji Naidu (Precot Ltd) among others.

Chairman

Ashwin Chandran

Registered office

Suprem P B 7161 Green Fields,737 Puliakulam Road,Coimbatore,Tamil Nadu,641045

FAX :91-422-24321200

Background

Incorporation Year1962

Face Value₹10

Market Lot1

How to buy Precot shares on nse?

To buy Precot shares in Motilal Oswal, you just need to open a demat account and get your KYC documents verified

What is the Precot share price today?

The Precot shares price on nse is Rs.370 today.

What is the market cap of Precot shares on NSE ?

The company has a market capitalization of Rs.444.00Cr

What is the PE & PB ratio of Precot shares ?

PE is 0 and PB is 1.18

What is the 52 Week High and Low of Precot shares?

Precot stock price high: Rs.417 Precot stock price low: Rs.148.45