Precision Camshafts Ltd

Precision Camshafts Ltd

₹ 154 -6.62%
25 May 4:01 p.m.
About

Incorporated in 1992, Precision Camshafts Limited is manufacturer and supplier of camshafts in India and globally. It supplies more than 150 varieties of camshafts for passenger vehicles, tractors, light commercial vehicles and locomotive engine applications. [1]

Key Points

Business Segments
a) Camshafts & Assemblies[1]
The company is a leading manufacturer of camshafts. It offers Chilled Cast Iron, Ductile Iron, Hybrid, and Assembled Camshafts. MFT is under the process of insolvency and no longer forms part of Precision Group.

  • Market Cap 1,465 Cr.
  • Current Price 154
  • High / Low 263 / 104
  • Stock P/E 43.2
  • Book Value 93.3
  • Dividend Yield 0.65 %
  • ROCE 8.46 %
  • ROE 3.82 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • The company has delivered a poor sales growth of 8.63% over past five years.
  • Company has a low return on equity of 4.81% over last 3 years.
  • Working capital days have increased from 106 days to 247 days

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
169 171 172 161 170 164 168 143 137 137 140 143 157
147 143 143 130 145 137 141 127 122 120 128 131 138
Operating Profit 22 28 29 31 26 26 27 16 15 17 13 12 20
OPM % 13% 16% 17% 19% 15% 16% 16% 12% 11% 12% 9% 9% 13%
8 7 5 12 6 7 14 2 -26 27 -41 8 8
Interest 1 1 1 1 1 1 1 1 2 1 1 1 1
Depreciation 8 9 10 11 10 11 10 10 9 9 8 8 7
Profit before tax 20 25 23 32 20 22 29 7 -22 34 -38 12 19
Tax % 29% 21% 13% 25% 24% 17% 37% 25% 58% 25% 13% 17% 29%
14 20 20 24 15 18 18 5 -34 26 -43 10 13
EPS in Rs 1.48 2.07 2.09 2.48 1.61 1.90 1.93 0.56 -3.62 2.70 -4.49 1.01 1.39
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
514 436 443 401 424 443 382 512 626 675 612 578
376 318 342 324 325 343 306 418 536 560 527 516
Operating Profit 138 118 101 77 99 100 75 94 90 114 85 61
OPM % 27% 27% 23% 19% 23% 23% 20% 18% 14% 17% 14% 11%
-5 21 31 25 17 40 42 32 33 30 -4 2
Interest 11 9 7 5 3 3 2 3 4 5 5 4
Depreciation 39 39 37 43 47 51 35 37 36 40 40 33
Profit before tax 83 91 87 54 66 86 81 86 83 100 37 27
Tax % 42% 35% 30% 35% 35% 16% 24% 23% 27% 21% 80% 78%
48 59 61 35 43 72 62 66 61 78 7 6
EPS in Rs 5.82 6.20 6.42 3.66 4.52 7.59 6.49 6.96 6.42 8.25 0.77 0.61
Dividend Payout % 1% 16% 23% 27% 22% 13% 15% 16% 16% 12% 129% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: 9%
3 Years: -3%
TTM: -6%
Compounded Profit Growth
10 Years: -5%
5 Years: -6%
3 Years: -17%
TTM: 143%
Stock Price CAGR
10 Years: 1%
5 Years: 23%
3 Years: -1%
1 Year: -11%
Return on Equity
10 Years: 7%
5 Years: 6%
3 Years: 5%
Last Year: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 82 95 95 95 95 95 95 95 95 95 95 95
Reserves 154 395 457 475 507 555 617 675 726 795 793 792
184 166 111 47 27 23 37 45 42 59 72 42
134 107 107 108 110 87 103 102 122 116 116 127
Total Liabilities 554 764 770 726 740 760 852 917 984 1,065 1,076 1,056
200 191 216 242 279 245 226 205 182 249 221 264
CWIP 9 14 9 9 8 8 6 33 81 27 57 65
Investments 76 68 102 184 172 206 270 261 334 381 402 409
269 490 443 291 280 300 351 418 388 408 396 318
Total Assets 554 764 770 726 740 760 852 917 984 1,065 1,076 1,056

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
120 77 65 99 64 66 102 59 67 89 120 97
-68 -300 -2 -20 -25 -27 -121 -65 -51 -87 -101 -59
-25 194 -67 -87 -34 -29 13 -5 -17 3 -4 -45
Net Cash Flow 27 -29 -4 -8 5 11 -7 -11 -1 5 15 -7
Free Cash Flow 86 24 21 36 -18 43 90 2 18 28 74 46
CFO/OP 111% 102% 102% 152% 84% 92% 163% 85% 102% 95% 163% 201%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 75 77 92 75 86 93 87 88 84 74 90 71
Inventory Days 82 110 83 77 103 131 178 136 112 136 119 106
Days Payable 144 178 186 183 191 169 255 160 151 143 131 146
Cash Conversion Cycle 13 8 -12 -31 -3 54 10 64 46 67 77 31
Working Capital Days -29 -28 -12 -10 38 74 41 52 45 40 31 247
ROCE % 28% 19% 14% 8% 10% 11% 9% 9% 10% 12% 8% 8%

Insights

In beta
Mar 2011 Mar 2012 Mar 2013 Mar 2014 Sep 2015 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Total Camshafts Sold/Produced (Standalone)
million units

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Camshaft Casting Installed Capacity
million units per annum
Machined Camshafts Installed Capacity
million units per annum
Capacity Utilization - Camshaft Casting
percentage
Capacity Utilization - Machined Camshafts
percentage

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

8 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
65.37% 65.37% 65.37% 65.37% 65.37% 65.37% 65.37% 65.37% 65.37% 65.37% 65.37% 65.37%
0.07% 0.11% 0.12% 0.12% 0.12% 0.15% 0.23% 0.40% 0.15% 0.20% 0.13% 0.12%
0.12% 0.13% 0.13% 0.08% 0.08% 0.08% 0.02% 0.00% 0.00% 0.01% 0.00% 0.09%
34.46% 34.40% 34.39% 34.43% 34.43% 34.40% 34.37% 34.22% 34.48% 34.42% 34.50% 34.41%
No. of Shareholders 49,15648,52047,76750,44451,09451,31554,18454,61256,99763,73362,24860,950

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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