Precision Wires India Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Efficient capital deployment (ROCE 16.9%)
- Low debt relative to equity (D/E 0.4x)
Concerns
- Premium to sector peers (P/E 433x vs industry 47.1x)
- High premium to book value (P/B 10.1x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HAL Hindustan Aeronautics Limited | ₹4,850 | ₹3.2L Cr | 33.9 | 7.9 | 24 | 32 | 0 |
| BEL Bharat Electronics Limited | ₹363 | ₹2.6L Cr | 43 | 11.08 | 27.4 | 36.4 | 0 |
| TMCV Tata Motors Limited | ₹— | ₹1.5L Cr | 20.4 | 10.71 | 34 | 35.9 | 0.44 |
| BHEL Bharat Heavy Electricals Limited | ₹405 | ₹1.3L Cr | 46.9 | 5.28 | 6.23 | 9.14 | 0.22 |
| ABB ABB India Limited | ₹6,490 | ₹1.3L Cr | 84.4 | 14.72 | 22.4 | 29.9 | 0.02 |
| ENRIN Siemens Energy India Limited | ₹2,840 | ₹1.3L Cr | 98.46 | 26.82 | — | — | 0.04 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹832 | ₹1.3L Cr | 91.7 | 15 | 20.5 | 26.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
PRECWIRE · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 57.93% | 57.93% | 57.93% | 57.93% | 57.93% | 57.93% |
| FII | 0.02% | 0.14% | 0.31% | 0.31% | 0.44% | 0.47% |
| DII | — | — | — | — | — | 0.01% |
| Public | 42.04% | 41.94% | 41.76% | 41.76% | 41.64% | 41.60% |
Corporate Events
To consider Fund Raising via Preferential Allotment/QIP
To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
Dividend - Re 0.55 Per Share
Interim Dividend - Re 0.35 Per Share
Record: 18 Feb 2026
Interim Dividend - Rs 0.35 Per Share
Dividend - Rs 0.50 Per Share
Interim Dividend - Re 0.30 Per Share
Interim Dividend - Re 0.35 Per Share
Record: 19 Nov 2024
Annual General Meeting/Dividend - Re 0.45 Per Share
Interim Dividend - Rs 0.30 Per Share
Latest News
All newsPrecision Wires reports Q2 results in line with estimates
*Precision Wires reports Q2 results in line with estimates*. The company posted revenue of **₹420 crore** and PAT of **₹38 crore**, matching street expectations. Margins remained stable at **9.1%** despite raw material cost pressures. Operations scaled steadily with order book visibility into next quarter. 📊 *STOCKS:* $PRECWIRE | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Earnings
Precision Wires starts trial production at Zaroli plant
*Precision Wires starts trial production at Zaroli plant*. The company has commenced trial production at its new Zaroli facility, marking a key milestone in its expansion plans. This move is expected to enhance manufacturing capacity and operational efficiency. Full commercial production is anticipated in the coming quarters. 📊 *STOCKS:* PRECWIRE | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #ProductionStart
Precision Wires to raise funds via preferential issue
*Precision Wires to raise funds via preferential issue.* The company has filed an intimation under SEBI LODR Regulation 30 regarding a proposed preferential issue. This move may lead to **equity dilution** depending on the issue size and pricing. Investors should monitor the allocation details and usage of proceeds. 📊 *STOCKS:* PRECWIRE | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Fundraising
Precision Wires India reports un-audited Q1 results for FY26
*Precision Wires India reports un-audited Q1 results for FY26.* The company released its unaudited financial results for the quarter ended June 30, 2026, via newspaper publication. Key figures such as revenue and net profit are expected to be **subject to audit confirmation**. Traders should await the official filing for detailed performance metrics. 📊 *STOCKS:* $PRECWIRE | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Earnings
Precision Wires India updates corporate identification number
*Precision Wires India updates corporate identification number* following a change in the object clause of its Memorandum of Association. The company has informed the exchange about the updated CIN. This is a routine corporate restructuring exercise with no immediate financial implications. 📊 *STOCKS:* $PRECWIRE | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CIN
Precision Wires raises ₹150 crore via CCDs for capex, working capital
*Precision Wires raises ₹150 crore via CCDs for capex, working capital* The company has allocated **₹150 crore** through compulsorily convertible debentures (CCDs) to fund working capital and capital expenditure. This move strengthens near-term liquidity and supports ongoing expansion plans. 📊 *STOCKS:* $PRECWIRE | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #CCDs
India's Agritech sector attracts $2.1B in funding
*India's Agritech sector attracts $2.1B in funding*. Indian agritech startups have secured **$2.1 billion** in funding, positioning the sector among global commercial front runners. The capital inflow reflects rising investor confidence in farm-tech innovation and digital agriculture solutions. Key areas include precision farming, supply chain tech, and farmer fintech platforms. 📊 *STOCKS:* | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Agritech
Rushabh Precision Bearings publishes notice in newspaper
*Rushabh Precision Bearings publishes notice in newspaper.* The company has issued a public notice as part of regulatory compliance, per its NSE filing. Such publications are routine and typically relate to general corporate announcements. No financial or operational details were disclosed. 📊 *STOCKS:* $RUSHABH | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Corporate
Precision Wires discloses regulatory filing under SEBI norms
*Precision Wires discloses regulatory filing under SEBI norms.* This is a routine disclosure under Regulation 7(2) of SEBI (PIT) Regulations, 2015. No **material event** or financial detail is disclosed. The update is procedural and does not indicate any operational change. 📊 *STOCKS:* PRECWIRE | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #RegulatoryFiling
Precision Wires calls shareholder meeting with notice correction
*Precision Wires calls shareholder meeting with notice correction.* The company issued a corrigendum to the Notice of EGM for clarity. No material changes to agenda items reported. Shareholders are advised to review updated notice. 📊 *STOCKS:* PRECWIRE | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #ShareholderMeeting
Financials
Quarterly Results
| Metric | Mar 2016 | Dec 2015 | Mar 2015 |
|---|---|---|---|
| Revenue | ₹210.05 Cr 10.5% | ₹190.05 Cr 8.5% | ₹207.76 Cr |
| Op. Profit | ₹14.05 Cr 17.2% | ₹11.99 Cr 20.3% | ₹9.97 Cr |
| OPM | 6.7% 6.0% | 6.3% 31.5% | 4.8% |
| Net Profit | ₹4.88 Cr 46.1% | ₹3.34 Cr 75.8% | ₹1.9 Cr |
| EPS (₹) | 0.28 47.4% | 0.19 72.7% | 0.11 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2016 | Mar 2015 |
|---|---|---|
| Revenue | ₹843 Cr 4.3% | ₹881 Cr |
| Expenses | ₹792 Cr 4.9% | ₹833 Cr |
| Op. Profit | ₹52 Cr 10.6% | ₹47 Cr |
| OPM | 6.0% 20.0% | 5.0% |
| Other Income | ₹2 Cr 33.3% | ₹3 Cr |
| Interest | ₹11 Cr 21.4% | ₹14 Cr |
| Depreciation | ₹16 Cr 20.0% | ₹20 Cr |
| PBT | ₹27 Cr 58.8% | ₹17 Cr |
| Tax % | 36.0% 10.0% | 40.0% |
| Net Profit | ₹17 Cr 70.0% | ₹10 Cr |
| EPS (₹) | 0.98 69.0% | 0.58 |
| Div Payout | 89.0% 41.3% | 63.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2016 | Mar 2015 |
|---|---|---|
Liabilities | ||
| Equity Capital | ₹12 Cr 0.0% | ₹12 Cr |
| Reserves | ₹183 Cr 4.6% | ₹175 Cr |
| Borrowings | ₹28 Cr 26.3% | ₹38 Cr |
| Other Liabilities | ₹134 Cr 0.8% | ₹133 Cr |
| Total Liabilities | ₹357 Cr 0.3% | ₹358 Cr |
Assets | ||
| Fixed Assets | ₹80 Cr 8.0% | ₹87 Cr |
| CWIP | ₹12 Cr 300.0% | ₹3 Cr |
| Investments | ₹2 Cr | ₹0 Cr |
| Other Assets | ₹263 Cr 1.9% | ₹268 Cr |
| Total Assets | ₹357 Cr 0.3% | ₹358 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2016 | Mar 2015 |
|---|---|---|
| Operating CF | ₹45 Cr 40.6% | ₹32 Cr |
| Investing CF | ₹-19 Cr 280.0% | ₹-5 Cr |
| Financing CF | ₹-27 Cr 25.0% | ₹-36 Cr |
| Net Cash Flow | ₹-1 Cr 87.5% | ₹-8 Cr |
| Free Cash Flow | ₹26 Cr 8.3% | ₹24 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2016 | Mar 2015 |
|---|---|---|
| Debtor Days | 58d 1.8% | 57d |
| Inventory Days | 50d 8.7% | 46d |
| Days Payable | 55d 5.8% | 52d |
| Cash Conv. Cycle | 53d 3.9% | 51d |
| Working Capital Days | 38d 8.6% | 35d |
| ROCE | 17.0% | — |
Source: Screener.in · Lower days = better efficiency