Precision Camshafts Ltd

Precision Camshafts Ltd

₹ 154 -6.63%
25 May - close price
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 1,464 Cr.
  • Current Price 154
  • High / Low 263 / 104
  • Stock P/E 33.0
  • Book Value 88.0
  • Dividend Yield 0.65 %
  • ROCE 8.30 %
  • ROE 5.45 %
  • Face Value 10.0

Pros

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

Cons

  • The company has delivered a poor sales growth of 1.74% over past five years.
  • Company has a low return on equity of 4.44% over last 3 years.
  • Earnings include an other income of Rs.62.4 Cr.
  • Dividend payout has been low at 13.7% of profits over last 3 years
  • Working capital days have increased from 80.6 days to 196 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

Consolidated Figures in Rs. Crores / View Standalone

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
279 263 254 258 256 255 225 195 190 195 198 179 201
254 240 227 229 235 231 202 186 165 180 185 164 175
Operating Profit 25 23 28 28 22 24 23 8 26 15 13 14 26
OPM % 9% 9% 11% 11% 8% 10% 10% 4% 13% 7% 7% 8% 13%
8 7 5 32 6 8 14 2 44 27 19 8 7
Interest 3 2 2 2 2 2 2 2 3 2 2 1 2
Depreciation 19 19 21 21 20 15 15 13 14 13 12 10 10
Profit before tax 11 9 11 36 5 15 20 -5 53 27 18 11 22
Tax % 2% 53% 20% 32% 30% 22% 57% 41% 24% 31% 28% 18% 54%
11 4 8 24 3 12 8 -6 40 19 13 9 10
EPS in Rs 1.17 0.43 0.89 2.58 0.35 1.22 0.88 -0.67 4.26 1.98 1.39 0.97 1.06
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
532 440 442 421 695 746 709 895 1,080 1,031 865 773
390 322 343 342 570 635 648 781 970 931 784 704
Operating Profit 143 118 99 80 125 112 61 114 111 101 82 68
OPM % 27% 27% 22% 19% 18% 15% 9% 13% 10% 10% 9% 9%
-8 34 42 40 -10 19 41 46 33 50 67 62
Interest 11 9 7 5 9 9 8 7 8 8 8 7
Depreciation 41 39 37 45 78 86 79 92 75 82 57 45
Profit before tax 83 103 97 69 28 35 15 61 60 60 83 79
Tax % 44% 34% 31% 33% 75% 28% 105% 24% 23% 33% 35% 35%
46 69 67 46 7 26 -1 46 46 40 54 51
EPS in Rs 5.67 7.25 7.02 4.86 1.21 3.68 0.24 4.84 4.87 4.25 5.70 5.40
Dividend Payout % 1% 14% 21% 21% 82% 26% 415% 23% 21% 24% 18% 0%
Compounded Sales Growth
10 Years: 6%
5 Years: 2%
3 Years: -11%
TTM: -11%
Compounded Profit Growth
10 Years: -4%
5 Years: 83%
3 Years: -1%
TTM: 47%
Stock Price CAGR
10 Years: 1%
5 Years: 23%
3 Years: -1%
1 Year: -11%
Return on Equity
10 Years: 5%
5 Years: 5%
3 Years: 4%
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 150 399 464 487 510 523 548 587 622 653 698 741
222 166 111 107 169 200 176 136 105 110 120 54
141 111 112 196 256 214 202 239 281 178 164 160
Total Liabilities 595 771 781 885 1,030 1,031 1,020 1,057 1,102 1,037 1,077 1,050
231 191 216 349 490 444 426 360 311 325 286 307
CWIP 16 14 9 9 26 34 9 34 82 28 58 65
Investments 62 76 117 154 100 130 196 194 177 225 320 357
285 490 440 373 414 423 388 469 532 459 413 321
Total Assets 595 771 781 885 1,030 1,031 1,020 1,057 1,102 1,037 1,077 1,050

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

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 78 64 103 40 58 120 88 103 131 143 120
-97 -300 -2 -22 -33 -57 -85 -39 -37 -94 -124 -78
2 194 -67 -71 -10 3 -37 -61 -60 -13 -14 -58
Net Cash Flow 24 -28 -5 10 -3 4 -2 -13 6 25 5 -16
Free Cash Flow 53 24 20 35 -33 -14 91 31 41 67 91 52
CFO/OP 107% 103% 102% 155% 50% 76% 230% 97% 117% 150% 200% 214%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 72 74 87 96 74 84 79 67 70 62 69 59
Inventory Days 96 110 88 161 169 185 160 196 171 130 139 113
Days Payable 151 177 187 219 153 134 144 98 97 106 116 108
Cash Conversion Cycle 17 8 -11 39 91 135 96 166 144 86 92 64
Working Capital Days -36 -29 -14 11 49 78 26 33 35 30 17 196
ROCE % 26% 19% 16% 11% 8% 6% 0% 4% 8% 6% 6% 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 ・Standalone data

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

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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