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 ₹ 3,386 Cr.
- Current Price ₹ 190
- High / Low ₹ 221 / 118
- Stock P/E 200
- Book Value ₹ 11.2
- Dividend Yield 0.56 %
- ROCE 16.9 %
- ROE 8.88 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 16.8 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 SmallCap BSE Allcap BSE Industrials
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: | 37% |
| 5 Years: | 70% |
| 3 Years: | 61% |
| 1 Year: | 14% |
| 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 |
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 | 50 | 50 |
| ROCE % | 17% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1d
-
Closure of Trading Window
28 Jun - Trading window closed from June 30, 2025, till 48 hours post Q1 results announcement.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 18 Jun
-
Shareholder Meeting / Postal Ballot-Outcome of EGM
17 Jun - EGM approved preferential equity/warrants issuance, key executive re-appointments, and increased managerial remuneration limit.
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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.
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
from bse
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Financial Year 2020
from bse
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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
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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]