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 ₹ 2,463 Cr.
- Current Price ₹ 138
- High / Low ₹ 156 / 71.2
- Stock P/E 145
- Book Value ₹ 11.2
- Dividend Yield 0.62 %
- ROCE 16.9 %
- ROE 8.88 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 12.3 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
Sector: Non Ferrous Metals Industry: Mining / Minerals / Metals
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: | 39% |
| 3 Years: | 76% |
| 1 Year: | 84% |
| 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
- Clarification On Spurt In Volume 1d
-
Clarification sought from Precision Wires India Ltd
1d - Exchange has sought clarification from Precision Wires India Ltd on April 24, 2024, with reference to Movement in Volume.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 17 Apr
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 16 Apr
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2012
from nse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
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]