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 ₹ 3,273 Cr.
- Current Price ₹ 183
- High / Low ₹ 221 / 118
- Stock P/E 36.4
- Book Value ₹ 32.2
- Dividend Yield 0.57 %
- ROCE 26.9 %
- ROE 16.6 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 22.1%
Cons
- 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 SmallCap 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
982 | 881 | 843 | 884 | 1,408 | 1,758 | 1,526 | 1,719 | 2,683 | 3,034 | 3,302 | 4,036 | |
928 | 833 | 792 | 830 | 1,322 | 1,665 | 1,453 | 1,640 | 2,566 | 2,927 | 3,168 | 3,849 | |
Operating Profit | 54 | 47 | 52 | 54 | 85 | 93 | 73 | 79 | 117 | 106 | 134 | 187 |
OPM % | 5% | 5% | 6% | 6% | 6% | 5% | 5% | 5% | 4% | 4% | 4% | 5% |
5 | 3 | 2 | 3 | 2 | 1 | 4 | 4 | 7 | 22 | 19 | 0 | |
Interest | 24 | 14 | 11 | 9 | 15 | 17 | 19 | 15 | 25 | 33 | 37 | 47 |
Depreciation | 12 | 20 | 16 | 14 | 14 | 13 | 16 | 16 | 15 | 14 | 17 | 20 |
Profit before tax | 23 | 17 | 27 | 33 | 58 | 65 | 42 | 52 | 84 | 81 | 99 | 120 |
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 | |
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 |
Dividend Payout % | 80% | 63% | 44% | 36% | 29% | 25% | 18% | 29% | 50% | 29% | 15% | 23% |
Compounded Sales Growth | |
---|---|
10 Years: | 16% |
5 Years: | 21% |
3 Years: | 15% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | 25% |
5 Years: | 23% |
3 Years: | 13% |
TTM: | 24% |
Stock Price CAGR | |
---|---|
10 Years: | 37% |
5 Years: | 70% |
3 Years: | 62% |
1 Year: | 33% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 16% |
3 Years: | 16% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 18 | 18 | 18 |
Reserves | 192 | 175 | 183 | 201 | 225 | 254 | 271 | 304 | 353 | 432 | 489 | 558 |
53 | 38 | 28 | 38 | 33 | 30 | 31 | 22 | 22 | 16 | 99 | 62 | |
179 | 133 | 134 | 152 | 259 | 295 | 230 | 448 | 491 | 462 | 457 | 616 | |
Total Liabilities | 435 | 358 | 357 | 403 | 529 | 590 | 544 | 786 | 879 | 928 | 1,062 | 1,254 |
127 | 87 | 80 | 82 | 79 | 113 | 115 | 110 | 100 | 116 | 139 | 218 | |
CWIP | 3 | 3 | 12 | 5 | 10 | 10 | 4 | 2 | 6 | 10 | 19 | 30 |
Investments | 0 | 0 | 2 | 1 | 1 | 1 | 1 | 28 | 9 | 5 | 52 | 56 |
306 | 268 | 263 | 315 | 438 | 465 | 423 | 646 | 764 | 797 | 851 | 950 | |
Total Assets | 435 | 358 | 357 | 403 | 529 | 590 | 544 | 786 | 879 | 928 | 1,062 | 1,254 |
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 | 50 |
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 | 24 |
Working Capital Days | 43 | 50 | 50 | 63 | 32 | 29 | 38 | 36 | 32 | 32 | 36 | 33 |
ROCE % | 17% | 13% | 17% | 18% | 28% | 29% | 20% | 20% | 30% | 26% | 25% | 27% |
Documents
Announcements
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Corrigendum To EGM Notice
9 Jun - Preferential issue of 13.83L shares and 27.67L warrants at Rs151 each to raise Rs62.66Cr for expansion.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Jun - Newspaper Advertisement for Extra Ordinary general meeting
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Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Annual Secretarial Compliance Report for FY ended March 31, 2025 submitted.
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Notice Of Extra Ordinary General Meeting Scheduled On 17.06.2025 And Cut-Off Date
23 May - Preferential issue of 13.83L shares and 27.67L warrants at Rs.151 each; re-appointment and remuneration revisions of key executives.
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Announcement under Regulation 30 (LODR)-Demise
21 May - Founder and Chairman Emeritus Mahendra Ratilal Mehta passed away on 21 May 2025.
Annual reports
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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
from bse
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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
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
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Financial Year 2011
from bse
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]