Precision Wires India Ltd
Precision Wires India Ltd is engaged in manufacturing Enamelled Round and Rectangular Copper Winding Wires, Continuously Transposed Conductor, and Paper / Mica / Nomex Insulated Copper Conductor. The Company primarily supplies to the OEM sector and to various industries like power, auto, consumer durables, transformers, construction etc. It is the largest producer of Winding Wires in South Asia. [1][2][3]
- Market Cap ₹ 5,555 Cr.
- Current Price ₹ 304
- High / Low ₹ 312 / 118
- Stock P/E 42.7
- Book Value ₹ 36.2
- Dividend Yield 0.38 %
- ROCE 26.8 %
- ROE 16.5 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 25.8%
Cons
- Stock is trading at 8.49 times its book value
- Promoter holding has decreased over last quarter: -0.87%
- Company's cost of borrowing seems high
* 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 Products Aluminium, Copper & Zinc Products
Part of BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 982 | 881 | 843 | 884 | 1,408 | 1,758 | 1,526 | 1,719 | 2,683 | 3,034 | 3,302 | 4,015 | 4,755 | |
| 928 | 833 | 792 | 830 | 1,322 | 1,665 | 1,453 | 1,640 | 2,566 | 2,927 | 3,168 | 3,849 | 4,491 | |
| Operating Profit | 54 | 47 | 52 | 54 | 85 | 93 | 73 | 79 | 117 | 106 | 134 | 166 | 264 |
| OPM % | 5% | 5% | 6% | 6% | 6% | 5% | 5% | 5% | 4% | 4% | 4% | 4% | 6% |
| 5 | 3 | 2 | 3 | 2 | 1 | 4 | 4 | 7 | 22 | 19 | 21 | 0 | |
| Interest | 24 | 14 | 11 | 9 | 15 | 17 | 19 | 15 | 25 | 33 | 37 | 47 | 61 |
| Depreciation | 12 | 20 | 16 | 14 | 14 | 13 | 16 | 16 | 15 | 14 | 17 | 20 | 26 |
| Profit before tax | 23 | 17 | 27 | 33 | 58 | 65 | 42 | 52 | 84 | 81 | 99 | 120 | 176 |
| Tax % | 37% | 40% | 36% | 32% | 38% | 35% | 24% | 24% | 25% | 27% | 26% | 25% | |
| 14 | 10 | 17 | 23 | 36 | 42 | 32 | 39 | 63 | 59 | 73 | 90 | 130 | |
| EPS in Rs | 0.83 | 0.58 | 0.98 | 1.30 | 2.07 | 2.41 | 1.83 | 2.27 | 3.63 | 3.33 | 4.08 | 5.04 | 7.22 |
| Dividend Payout % | 80% | 63% | 44% | 36% | 29% | 25% | 18% | 29% | 50% | 29% | 26% | 23% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 21% |
| 3 Years: | 14% |
| TTM: | 23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 23% |
| 3 Years: | 12% |
| TTM: | 58% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 42% |
| 5 Years: | 67% |
| 3 Years: | 67% |
| 1 Year: | 119% |
| Return on Equity | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 16% |
| 3 Years: | 15% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 18 | 18 | 18 | 18 |
| Reserves | 192 | 175 | 183 | 201 | 225 | 254 | 271 | 304 | 353 | 432 | 489 | 558 | 643 |
| 53 | 38 | 28 | 38 | 33 | 30 | 31 | 22 | 22 | 16 | 99 | 62 | 128 | |
| 179 | 133 | 134 | 152 | 259 | 295 | 230 | 448 | 491 | 462 | 457 | 616 | 789 | |
| Total Liabilities | 435 | 358 | 357 | 403 | 529 | 590 | 544 | 786 | 879 | 928 | 1,062 | 1,254 | 1,578 |
| 127 | 87 | 80 | 82 | 79 | 113 | 115 | 110 | 100 | 116 | 139 | 218 | 260 | |
| CWIP | 3 | 3 | 12 | 5 | 10 | 10 | 4 | 2 | 6 | 10 | 19 | 30 | 72 |
| Investments | 0 | 0 | 2 | 1 | 1 | 1 | 1 | 28 | 9 | 5 | 52 | 56 | 97 |
| 306 | 268 | 263 | 315 | 438 | 465 | 423 | 646 | 764 | 797 | 851 | 950 | 1,149 | |
| Total Assets | 435 | 358 | 357 | 403 | 529 | 590 | 544 | 786 | 879 | 928 | 1,062 | 1,254 | 1,578 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | 32 | 45 | 13 | 95 | 59 | 48 | 61 | 43 | 77 | 60 | 168 | |
| 37 | -5 | -19 | -9 | -17 | -47 | -13 | -35 | 8 | 10 | -94 | -99 | |
| -57 | -36 | -27 | -6 | -31 | -40 | -31 | -31 | -38 | -53 | 28 | -103 | |
| Net Cash Flow | -13 | -8 | -1 | -2 | 46 | -27 | 4 | -5 | 12 | 33 | -6 | -34 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 69 | 57 | 58 | 75 | 66 | 61 | 64 | 93 | 65 | 55 | 47 | 51 |
| Inventory Days | 32 | 46 | 50 | 53 | 32 | 29 | 29 | 39 | 33 | 30 | 35 | 30 |
| Days Payable | 60 | 52 | 55 | 61 | 71 | 62 | 55 | 100 | 70 | 57 | 51 | 56 |
| Cash Conversion Cycle | 41 | 51 | 53 | 66 | 27 | 28 | 38 | 33 | 28 | 28 | 30 | 25 |
| Working Capital Days | 26 | 35 | 38 | 47 | 23 | 27 | 34 | 33 | 29 | 31 | 27 | 26 |
| ROCE % | 17% | 13% | 17% | 18% | 28% | 29% | 20% | 20% | 30% | 26% | 25% | 27% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 22 Feb
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
19 Feb - Newspaper Publication in relation to Postal ballot
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 18 Feb
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Feb - Newspaper publication of Un Audited Financial Results as on 31.12.2025
-
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Approval Of Unsecured Working Capital Facility
14 Feb - Board approved Rs.100 crore unsecured working capital facility from CSB Bank on 14 Feb 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
from bse
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Financial Year 2020
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2012
from nse
Business Profile
PWIL is a leading player in the organized copper winding wires market in India. Company is in the business of converting copper into winding wires. These winding wires are a basic component in the supply chain of manufacturing of electrical goods. [1]