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 ₹ 1,202 Cr.
- Current Price ₹ 69.3
- High / Low ₹ 87.0 / 38.0
- Stock P/E 17.7
- Book Value ₹ 22.3
- Dividend Yield 1.26 %
- ROCE 30.1 %
- ROE 18.5 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 32.4%
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
Sector: Non Ferrous Metals Industry: Mining / Minerals / Metals
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
874 | 932 | 976 | 982 | 881 | 843 | 884 | 1,408 | 1,758 | 1,526 | 1,719 | 2,683 | 3,002 | |
811 | 894 | 935 | 928 | 833 | 792 | 830 | 1,322 | 1,665 | 1,453 | 1,640 | 2,566 | 2,867 | |
Operating Profit | 63 | 38 | 40 | 54 | 47 | 52 | 54 | 85 | 93 | 73 | 79 | 117 | 135 |
OPM % | 7% | 4% | 4% | 5% | 5% | 6% | 6% | 6% | 5% | 5% | 5% | 4% | 4% |
1 | 1 | 1 | 5 | 3 | 2 | 3 | 2 | 1 | 4 | 4 | 7 | 0 | |
Interest | 5 | 6 | 5 | 24 | 14 | 11 | 9 | 15 | 17 | 19 | 15 | 25 | 30 |
Depreciation | 12 | 13 | 13 | 12 | 20 | 16 | 14 | 14 | 13 | 16 | 16 | 15 | 14 |
Profit before tax | 47 | 20 | 24 | 23 | 17 | 27 | 33 | 58 | 65 | 42 | 52 | 84 | 91 |
Tax % | 34% | 28% | 33% | 37% | 40% | 36% | 32% | 38% | 35% | 24% | 24% | 25% | |
Net Profit | 31 | 14 | 16 | 14 | 10 | 17 | 23 | 36 | 42 | 32 | 39 | 63 | 68 |
EPS in Rs | 1.79 | 0.82 | 0.92 | 0.83 | 0.58 | 0.98 | 1.30 | 2.07 | 2.41 | 1.83 | 2.27 | 3.63 | 3.91 |
Dividend Payout % | 22% | 25% | 29% | 80% | 63% | 44% | 36% | 29% | 25% | 18% | 29% | 50% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 25% |
3 Years: | 15% |
TTM: | 24% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 23% |
3 Years: | 15% |
TTM: | 20% |
Stock Price CAGR | |
---|---|
10 Years: | 29% |
5 Years: | 16% |
3 Years: | 49% |
1 Year: | -5% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 15% |
3 Years: | 15% |
Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | |
Reserves | 170 | 180 | 191 | 192 | 175 | 183 | 201 | 225 | 254 | 271 | 304 | 353 | 376 |
75 | 64 | 96 | 53 | 38 | 28 | 38 | 33 | 30 | 31 | 22 | 22 | 20 | |
223 | 197 | 233 | 179 | 133 | 134 | 152 | 259 | 295 | 230 | 448 | 491 | 348 | |
Total Liabilities | 480 | 452 | 531 | 435 | 358 | 357 | 403 | 529 | 590 | 544 | 786 | 879 | 755 |
148 | 147 | 134 | 127 | 87 | 80 | 82 | 79 | 113 | 115 | 110 | 100 | 97 | |
CWIP | 5 | 3 | 3 | 3 | 3 | 12 | 5 | 10 | 10 | 4 | 2 | 6 | 9 |
Investments | 0 | 0 | 20 | 0 | 0 | 2 | 1 | 1 | 1 | 1 | 28 | 9 | 3 |
326 | 302 | 374 | 306 | 268 | 263 | 315 | 438 | 465 | 423 | 646 | 764 | 646 | |
Total Assets | 480 | 452 | 531 | 435 | 358 | 357 | 403 | 529 | 590 | 544 | 786 | 879 | 755 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
65 | 7 | 27 | 6 | 32 | 45 | 13 | 95 | 59 | 48 | 61 | 43 | |
-74 | 16 | -31 | 37 | -5 | -19 | -9 | -17 | -47 | -13 | -35 | 8 | |
8 | -24 | 17 | -57 | -36 | -27 | -6 | -31 | -40 | -31 | -31 | -38 | |
Net Cash Flow | -1 | -1 | 13 | -13 | -8 | -1 | -2 | 46 | -27 | 4 | -5 | 12 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 80 | 66 | 72 | 69 | 57 | 58 | 75 | 66 | 61 | 64 | 93 | 65 |
Inventory Days | 24 | 34 | 41 | 32 | 46 | 50 | 53 | 32 | 29 | 29 | 39 | 33 |
Days Payable | 71 | 68 | 75 | 60 | 52 | 55 | 61 | 71 | 62 | 55 | 100 | 70 |
Cash Conversion Cycle | 33 | 32 | 39 | 41 | 51 | 53 | 66 | 27 | 28 | 38 | 33 | 28 |
Working Capital Days | 36 | 37 | 42 | 43 | 50 | 50 | 63 | 32 | 29 | 38 | 36 | 32 |
ROCE % | 22% | 10% | 10% | 17% | 13% | 17% | 18% | 28% | 29% | 20% | 20% | 30% |
Documents
Announcements
- Outcome/Proceedings Of EGM Along With Scrutinizer Report And Voting Results 1d
- Intimation Of Record Date For Extra Ordinary General Meeting 12 Jan
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Jan
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Announcement under Regulation 30 (LODR)-Resignation of Director
7 Jan - For Resignation of Mr. Ashwin Kothari, Independent Director and per SEBI Circular no. CIR/CFD/CMD/4/2015 dated September 09, 2015
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Announcement under Regulation 30 (LODR)-Resignation of Director
7 Jan - Of Resignation of Mr. Ashwin Kothari and disclosure as per SEBI Circular no. CIR/CFD/CMD/4/2015 dated September 09, 2015
Annual reports
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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
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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 2012
from nse
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
from nse
Leading Player
PWIL is a leading player in the organized copper winding wires market in India. Company is into the business of conversion of copper into winding wires. These winding wires are basic component in supply chain of manufacturing of electrical goods. [1]