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 ₹ 8,456 Cr.
- Current Price ₹ 463
- High / Low ₹ 525 / 179
- Stock P/E 499
- Book Value ₹ 11.2
- Dividend Yield 0.27 %
- ROCE 16.9 %
- ROE 8.88 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 41.2 times its book value
- 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 Industrials BSE 1000
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | |
|---|---|---|
| 881 | 843 | |
| 833 | 792 | |
| Operating Profit | 47 | 52 |
| OPM % | 5% | 6% |
| 3 | 2 | |
| Interest | 14 | 11 |
| Depreciation | 20 | 16 |
| Profit before tax | 17 | 27 |
| Tax % | 40% | 36% |
| 10 | 17 | |
| EPS in Rs | 0.58 | 0.98 |
| Dividend Payout % | 63% | 89% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 68% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 41% |
| 5 Years: | 72% |
| 3 Years: | 60% |
| 1 Year: | 154% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | |
|---|---|---|
| Equity Capital | 12 | 12 |
| Reserves | 175 | 183 |
| 38 | 28 | |
| 133 | 134 | |
| Total Liabilities | 358 | 357 |
| 87 | 80 | |
| CWIP | 3 | 12 |
| Investments | -0 | 2 |
| 268 | 263 | |
| Total Assets | 358 | 357 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | |
|---|---|---|
| 32 | 45 | |
| -5 | -19 | |
| -36 | -27 | |
| Net Cash Flow | -8 | -1 |
| Free Cash Flow | 24 | 26 |
| CFO/OP | 81% | 105% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | |
|---|---|---|
| Debtor Days | 57 | 58 |
| Inventory Days | 46 | 50 |
| Days Payable | 52 | 55 |
| Cash Conversion Cycle | 51 | 53 |
| Working Capital Days | 35 | 38 |
| ROCE % | 17% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Installed Capacity MTPA ・Standalone data |
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| Average Sales Realisation - CTC Rs lakh/MT ・Standalone data |
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| Average Sales Realisation - PICC Rs lakh/MT ・Standalone data |
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| Average Sales Realisation - Round Wire Rs lakh/MT ・Standalone data |
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| Exports as % of Total Sales % ・Standalone data |
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| Capacity Utilisation % ・Standalone data |
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| Finished Goods Volume Growth % YoY ・Standalone data |
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| Tolling (Conversion) Margin per Tonne Rs/MT ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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: Intimation Regarding Receipt Of In-Principal Approval For Preferential Issue Of Compulsorily Convertible Debentures (Ccds)
- BSE and NSE granted in-principle approval for 37.5 lakh CCDs of Rs 400 each on preferential basis.
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Updates Under Regulation 30 Of SEBI (LODR) Regulations, 2015: Preferential Issue Of Securities
- Up to ₹10 crore from preferential issue proceeds earmarked for land acquisition, subject to approvals.
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
- EGM approved issuance of 37.5 lakh CCDs on preferential basis to raise ₹150 crore.
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Shareholder Meeting / Postal Ballot-Outcome of EGM
- EGM approved ₹150 crore issue of 37.5 lakh CCDs for working capital and capex.
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Clarification For Increases In The Volume
- Company clarifies volume spurt, citing no undisclosed price-sensitive announcement.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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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]