Precision Electronics Ltd
Incorporated in May 1979, Precision Electronics Ltd is a telecom infrastructure enabler with interest in infrastructure development, system integration, and manufacture and supply of high-end telecom equipment
- Market Cap ₹ 264 Cr.
- Current Price ₹ 191
- High / Low ₹ 266 / 107
- Stock P/E 433
- Book Value ₹ 10.7
- Dividend Yield 0.00 %
- ROCE 7.43 %
- ROE 4.20 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 17.8 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 3.45% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 27.56 | 25.77 | 24.09 | 34.36 | 28.95 | 37.24 | 41.53 | 35.39 | 35.58 | 47.34 | 47.10 | 79.02 | |
| 25.19 | 26.28 | 21.67 | 34.23 | 31.36 | 34.08 | 39.12 | 37.02 | 34.84 | 43.87 | 43.84 | 72.41 | |
| Operating Profit | 2.37 | -0.51 | 2.42 | 0.13 | -2.41 | 3.16 | 2.41 | -1.63 | 0.74 | 3.47 | 3.26 | 6.61 |
| OPM % | 8.60% | -1.98% | 10.05% | 0.38% | -8.32% | 8.49% | 5.80% | -4.61% | 2.08% | 7.33% | 6.92% | 8.36% |
| 0.20 | 0.27 | 0.32 | 0.09 | 0.09 | 0.45 | 0.81 | 3.36 | 2.84 | 0.30 | 0.38 | 0.72 | |
| Interest | 0.82 | 1.06 | 1.16 | 1.48 | 2.16 | 2.42 | 1.87 | 2.76 | 2.16 | 2.16 | 2.58 | 3.94 |
| Depreciation | 1.54 | 1.17 | 1.07 | 0.93 | 0.85 | 0.80 | 0.80 | 0.73 | 0.50 | 0.49 | 0.88 | 1.96 |
| Profit before tax | 0.21 | -2.47 | 0.51 | -2.19 | -5.33 | 0.39 | 0.55 | -1.76 | 0.92 | 1.12 | 0.18 | 1.43 |
| Tax % | -19.05% | -21.05% | 125.49% | -30.59% | -11.07% | -15.38% | -3.64% | -3.98% | 98.91% | -30.36% | 422.22% | 58.04% |
| 0.25 | -1.95 | -0.12 | -1.52 | -4.74 | 0.45 | 0.57 | -1.68 | 0.01 | 1.46 | -0.58 | 0.61 | |
| EPS in Rs | 0.18 | -1.41 | -0.09 | -1.10 | -3.42 | 0.32 | 0.41 | -1.21 | 0.01 | 1.05 | -0.42 | 0.44 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 14% |
| 3 Years: | 30% |
| TTM: | 68% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 1% |
| 3 Years: | 35% |
| TTM: | 205% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 37% |
| 3 Years: | 77% |
| 1 Year: | 9% |
| Return on Equity | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | -2% |
| 3 Years: | 3% |
| Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13.85 | 13.85 | 13.85 | 13.85 | 13.85 | 13.85 | 13.85 | 13.85 | 13.85 | 13.85 | 13.85 | 13.85 |
| Reserves | 16.49 | 14.39 | 6.63 | 5.00 | 0.17 | 0.71 | 1.13 | -0.53 | -0.44 | 1.04 | 0.38 | 0.95 |
| 6.86 | 7.40 | 9.25 | 16.35 | 19.02 | 15.55 | 21.62 | 20.89 | 18.91 | 19.51 | 48.97 | 66.56 | |
| 7.75 | 9.56 | 10.59 | 13.74 | 11.88 | 9.36 | 20.98 | 9.47 | 6.35 | 10.83 | 13.93 | 25.07 | |
| Total Liabilities | 44.95 | 45.20 | 40.32 | 48.94 | 44.92 | 39.47 | 57.58 | 43.68 | 38.67 | 45.23 | 77.13 | 106.43 |
| 19.50 | 18.26 | 9.54 | 8.56 | 8.01 | 7.87 | 7.70 | 6.98 | 3.00 | 7.24 | 14.15 | 35.99 | |
| CWIP | 0.00 | 0.00 | 0.78 | 1.48 | 1.48 | 0.99 | 0.49 | 0.00 | 0.08 | 0.00 | 5.07 | 11.51 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 25.45 | 26.94 | 30.00 | 38.90 | 35.43 | 30.61 | 49.39 | 36.70 | 35.59 | 37.99 | 57.91 | 58.93 | |
| Total Assets | 44.95 | 45.20 | 40.32 | 48.94 | 44.92 | 39.47 | 57.58 | 43.68 | 38.67 | 45.23 | 77.13 | 106.43 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -3.10 | -0.53 | 1.59 | -3.56 | 1.59 | 7.34 | -1.76 | 6.00 | -5.10 | 7.73 | 0.50 | 4.02 | |
| -0.24 | 0.10 | -0.72 | -1.21 | -0.55 | 0.14 | -0.04 | 0.89 | 5.96 | -6.39 | -27.30 | -7.88 | |
| 2.95 | -0.17 | -0.42 | 4.52 | -1.16 | -6.50 | 1.04 | -3.49 | -4.15 | -1.64 | 26.88 | 3.73 | |
| Net Cash Flow | -0.38 | -0.60 | 0.44 | -0.24 | -0.13 | 0.98 | -0.76 | 3.40 | -3.29 | -0.31 | 0.08 | -0.13 |
| Free Cash Flow | -3.36 | -0.61 | 0.78 | -4.22 | 1.32 | 7.17 | -1.91 | 6.46 | 0.53 | 3.06 | -22.13 | 2.75 |
| CFO/OP | -157% | 84% | 37% | -1,923% | -107% | 250% | -101% | -366% | -693% | 217% | 15% | 65% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 99.99 | 119.68 | 110.45 | 165.29 | 163.15 | 82.82 | 227.02 | 101.07 | 124.74 | 100.08 | 95.47 | 77.92 |
| Inventory Days | 467.98 | 550.62 | 1,143.57 | 500.52 | 288.57 | 293.18 | 201.10 | 257.51 | 332.54 | 198.17 | 338.26 | 157.09 |
| Days Payable | 218.28 | 298.07 | 448.96 | 307.94 | 182.39 | 153.75 | 269.89 | 113.31 | 77.60 | 85.64 | 153.74 | 102.37 |
| Cash Conversion Cycle | 349.69 | 372.24 | 805.06 | 357.87 | 269.33 | 222.26 | 158.22 | 245.27 | 379.69 | 212.60 | 279.99 | 132.65 |
| Working Capital Days | 121.84 | 128.75 | 168.64 | 160.62 | 133.01 | 74.59 | 90.61 | 69.20 | 168.55 | 93.83 | 25.50 | -32.20 |
| ROCE % | 2.96% | -3.95% | 5.08% | -2.19% | -9.35% | 8.90% | 7.26% | 2.82% | 2.53% | 9.83% | 5.66% | 7.43% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Count (Permanent) Number |
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| Segment Revenue Distribution - Manufacturing / Telecom INR Lakhs |
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| Research & Development (R&D) Expenditure INR Lakhs |
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| R&D Expenditure (Percentage of Turnover) % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
8 Jun - Received Rs 37 crore order from Ministry of Home Affairs for surveillance systems, executable in FY27.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - FY26 secretarial compliance report filed on May 30, 2026, noting minor compliance observations.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Newspaper Publication - Audited Financial Results for the quarter and year ended March 31, 2026
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
29 May - FY26 audited results approved; unmodified opinion; Rajendra K Goel appointed internal auditor; certain operations shift to Ballabhgarh.
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Announcement under Regulation 30 (LODR)-Change in Management
29 May - Board approved FY26 audited results, unmodified audit opinion, appointed internal auditor, and shifted some manufacturing operations to Ballabhgarh.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1][2]
Company designs and manufactures telecom transmission systems, military communication systems, electronic warfare systems and C4I2SR systems. Company has restructured its business segments from erstwhile Electronics & Telecom and Infra Services to Masts & Pedestals, Electro-Mechanical Manufacturing, ICT Solutions and Engineering Services