Pricol Stock Price Analysis and Quick Research Report. Is Pricol an attractive stock to invest in?

The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Pricol is performing and if it is the right time to buy the stock of Pricol with detailed analysis.

• The mainstream of revenue for Auto Sector is their sales, Pricol has reported decent sales growth of 17.001 % and in the latest quarter sales was Rs 623.784 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 8.1127 times for Pricol . It is managing its inventory poorly .
   
• Pricol reported Profit growth of 16.2872 % over the year, where the latest year profit is Rs 130.9149 Cr compared to the previous year of Rs 112.5789 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
   
• The operating profit of Pricol in the latest quarter is Rs 64.938 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
   
• Pricol has a average ROE of 17.6681 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Pricol has a low Debt to Equity ratio of 0.058.
   
• Pricol pays a dividend of 0 Rs per share. It tells us that a company dislikes to share profits with its shareholders. The dividend yield is low at 0 %.
   
• The share of promoter in Pricol is low at 38.51 %, where the pledging is 0 %.
   
• What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Pricol is 37.6879047920534 compared to the 5 year average PE of 30.7259 .
   
• Share Price: - The current share price of Pricol is Rs 440.5. One can use valuation calculators of ticker to know if Pricol share price is undervalued or overvalued.