Precot Ltd

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264.1532.30 (13.93%)

12:00 AM,1st Dec 2023


BSE : 521184


Sector : Industrials

ISIN Code : INE283A01014

  • NSE
  • BSE
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  • 5D
  • 1M
  • 6M
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Market Cap (₹ Cr)


Turnover (₹ Cr)


Volume (Shares)


Face Value


52-WK High


52-WK High Date

01 Dec 2023

52-WK Low


52-WK Low Date

27 Feb 2023

All Time High


All Time High Date

18 Jan 2022

All Time Low


All Time Low Date

22 May 2020

Precot Ltd

Promoted by N Damodaran Precot Mills (PML) (originally floated as Premier Cotton Spinning Mills) was incorporated in 1962 in Palakad Kerala to produce cotton yarn with an initial capacity of 12096 spindles. PML made its maiden issue in 1962. Production of cotton yarn commenced during 1964. The company changed its name to the present one in 1985. PML set up its second mill in Kodigenahalli Andhra Pradesh with an installed capacity of 28800 spindles which was expanded to 51840 spindles in 1991. In the next year PML set up a 100% EOU at Walayar Kerala (inst. cap. 10080 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.

Precot Ltd - Key Fundamentals

Market Cap (₹ Cr)


EPS - TTM (₹) [S]


P/E Ratio (X) [S]


Face Value (₹) 10
Latest Dividend (%)60.00
Latest Dividend Date 11 Aug 2022
Dividend Yield (%) -
Book Value Share (₹) [S]314.58
P/B Ratio (₹) [S]0.84
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
ICICI Pru ELSS Tax Saver Fund - (G) 0.24 46112 0.01
ICICI Pru ELSS Tax Saver Fund - Direct (G) 0.24 46112 0.01

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High



Week Low/High



Month Low/High



Year Low/High



All time Low/High



Share Price Returns

1 Week%18.35%2.292.39%
1 Month%23.69%6.126.73%
3 Month%42.05%3.204.28%
6 Month%45.42%8.099.63%
1 Year%33.58%6.637.74%
3 Year%329.51%51.1254.61%

Company Info

Company Information

Chairman & Managing Director : Ashwin Chandran

Vice Chairman & M.D. : Prashanth Chandran

Independent Director : Jairam Varadaraj.

Independent Director : C N Srivatsan

Independent Director : Sumanth Ramamurthi

Independent Director : R Bhuvaneshwari

Director : T Kumar

Independent Director : P Vijay Raghunath

Company Sec. & Compli. Officer : S Kavitha

Independent Director : Arun Selvaraj

Independent Director : Vinay Balaji Naidu

Registered Office: Suprem P B 7161 Green Fields, 737 Puliakulam Road,Coimbatore,Tamil Nadu-641045 Ph: 91-422-24321100