Prec. Wires (I)

Which are the latest news on Prec. Wires (I)?

Why is Precision Wires India Ltd falling/rising?

As of 05-Sep, Precision Wires India Ltd's stock is experiencing a decline of 3.48%, underperforming its sector and showing significant volatility. Despite strong fundamentals and increased institutional interest, reduced investor participation and a premium valuation are contributing to the downward pressure on the stock price.

As of 05-Sep, Precision Wires India Ltd's stock price is currently falling, with a change of -17.0, representing a decrease of 3.48%. This decline is evident in today's performance, where the stock underperformed its sector by 4.87%. Throughout the trading day, the stock reached an intraday high of Rs 500.75 but also touched a low of Rs 467.85, indicating significant volatility.<BR><BR>The stock's recent performance over the past week shows a decline of 7.18%, contrasting sharply with its strong performance over the past month, where it increased by 23.72%. However, the current drop may be attributed to falling investor participation, as evidenced by a 69.05% decrease in delivery volume compared to the 5-day average. This reduced interest could be contributing to the downward pressure on the stock price.<BR><BR>Despite the company's strong fundamentals, including being net-debt free and having reported positive results for the last four consecutive quarters, the stock is facing challenges. It is trading at a premium valuation compared to its peers, with a Price to Book Value of 11.2, which may deter some investors. Additionally, while institutional investors have increased their stake, the overall market sentiment appears to be affecting the stock negatively at this time.

Who are in the management team of Prec. Wires (I)?

The management team of Prec. Wires (I) includes Mahendra R Mehta (Chairman), Milan M Mehta (Vice Chairman & Managing Director), Deepak M Mehta (Whole-time Director), and several independent and non-executive directors, along with a Company Secretary. Key members also include Pradip Roy, Swati Maheshwari, Niraj Pankaj Bhukhanwala, Vandana Garg, Asha Morley, and Deepika Pandey.

The management team of Prec. Wires (I) includes the following members:<BR><BR>1. Mahendra R Mehta - Chairman & Director<BR>2. Milan M Mehta - Vice Chairman & Managing Director<BR>3. Deepak M Mehta - Whole-time Director<BR>4. Pradip Roy - Non-Executive & Independent Director<BR>5. Swati Maheshwari - Non-Executive & Independent Director<BR>6. Deepika Pandey - Company Secretary & Compliance Officer<BR>7. Niraj Pankaj Bhukhanwala - Independent Director<BR>8. Vandana Garg - Independent Director<BR>9. Asha Morley - Independent Director<BR><BR>If you need more details about any specific member or their roles, feel free to ask!

What does Prec. Wires (I) do?

Precision Wires India Ltd manufactures enamelled copper winding wires and related products, operating as a small-cap company with a market cap of INR 9,049 Cr. As of June 2026, it reported net sales of 1,770 Cr and a net profit of 46 Cr, with a P/E ratio of 53.00.

Overview:<BR>Precision Wires India Ltd is engaged in the manufacturing of Enamelled Round and Rectangular Copper Winding Wires, Continuously Transposed Conductor (CTC), and Paper/Mica/Nomex Insulated Copper Conductors (PICC) within the Industrial Products sector and operates as a Small Cap company.<BR><BR>History:<BR>The company was incorporated in November 1989 and has been promoted by Mr. Mahendra Mehta. The latest quarterly results reported net sales and net profit for the period ending June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,770 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 46 Cr (Quarterly Results - Jun 2026)<BR>- Market cap: INR 9,049 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 53.00<BR>- Industry P/E: 14<BR>- Dividend Yield: 0.25%<BR>- Debt Equity: 0.00<BR>- Return on Equity: 22.61%<BR>- Price to Book: 12.02<BR><BR>Contact Details:<BR>Address: Saiman House J A Raul Street, Off Sayani Road Prabhadevi Mumbai Maharashtra : 400025<BR>Tel: 91-022-24376281<BR>Email: mumbai@pwil.net<BR>Website: http://www.precisionwires.com

Who are the peers of the Prec. Wires (I)?

Peers of Prec. Wires (I) include Grindwell Norton, Carborundum Uni., SKF India, Borosil Renew., Apcotex Industri, and Pix Transmission. Prec. Wires (I) shows excellent growth and the highest 1-year return at 195.41%, significantly outperforming its peers.

Peers: The peers of Prec. Wires (I) are Grindwell Norton, Carborundum Uni., SKF India, Borosil Renew., Apcotex Industri, and Pix Transmission.<BR><BR>Quality Snapshot: Excellent management risk is observed at SKF India and Apcotex Industri, while Good management risk is found at Grindwell Norton, Carborundum Uni., and the rest. Average management risk is present at Prec. Wires (I) and Pix Transmission, while Below Average management risk is noted at Borosil Renew. Growth is Excellent at Prec. Wires (I), while Below Average growth is seen at Grindwell Norton, Carborundum Uni., SKF India, and Apcotex Industri, with Good growth at Borosil Renew. Capital Structure is Excellent at Grindwell Norton, Carborundum Uni., SKF India, and Apcotex Industri, while Good capital structure is found at Prec. Wires (I), and Average capital structure is noted at Borosil Renew.<BR><BR>Return Snapshot: Prec. Wires (I) has the highest 1-year return at 195.41%, while SKF India has the lowest at -26.68%. Compared to its peers, Prec. Wires (I) significantly outperforms them. Additionally, SKF India and Borosil Renew. have negative six-month returns.

How big is Prec. Wires (I)?

As of 31st August, Precision Wires India Ltd has a market capitalization of 9,049.00 Cr, with recent net sales of 416.76 Cr and a net profit of 6.86 Cr.

As of 31st August, Precision Wires India Ltd has a market capitalization of 9,049.00 Cr, classifying it as a Small Cap company.<BR><BR>In the latest four quarters, the sum of Net Sales is 416.76 Cr, while the sum of Net Profit stands at 6.86 Cr.<BR><BR>The reporting period for the balance sheet is March 2016, with Shareholder's Funds amounting to 194.72 Cr and Total Assets of 356.64 Cr.

Should I buy, sell or hold Precision Wires India Ltd?

When is the next results date for Precision Wires India Ltd?

The next results date for Precision Wires India Ltd is 10 August 2026.

The next results date for Precision Wires India Ltd is scheduled for 10 August 2026.

Is Prec. Wires (I) technically bullish or bearish?

As of December 1, 2025, the technical trend is mildly bullish, supported by positive MACD readings and moving averages, though mixed signals from KST and Dow Theory suggest a cautious outlook.

As of 1 December 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the weekly and monthly MACD readings, which are both bullish. The daily moving averages also indicate a bullish trend. However, the KST shows a mixed signal with weekly bullishness and monthly mild bearishness, while Dow Theory indicates a mildly bearish stance on the weekly chart. Bollinger Bands reflect a mildly bullish condition on both weekly and monthly time frames. Overall, the indicators suggest a cautious bullish outlook with some mixed signals present.

How has been the historical performance of Prec. Wires (I)?

Prec. Wires (I) has shown consistent growth in net sales and profit, with net sales increasing from 1,525.81 Cr in March 2020 to 4,014.83 Cr in March 2025, and profit after tax rising to 90.04 Cr. Despite rising raw material costs, the company improved its operating profit significantly during this period.

Answer:<BR>The historical performance of Prec. Wires (I) shows a consistent growth in net sales and profit over the years, with significant increases noted in the latest fiscal year ending March 2025.<BR><BR>Breakdown:<BR>Prec. Wires (I) has demonstrated a strong upward trend in net sales, rising from 1,525.81 Cr in March 2020 to 4,014.83 Cr in March 2025. Other operating income has also increased, reaching 20.79 Cr in March 2025, contributing to a total operating income of 4,035.62 Cr. The company has faced rising raw material costs, which grew from 1,363.91 Cr in March 2020 to 3,698.13 Cr in March 2025. Despite these challenges, the total expenditure (excluding depreciation) increased from 1,453.12 Cr in March 2020 to 3,848.96 Cr in March 2025, but the operating profit (PBDIT) improved significantly from 76.81 Cr to 186.66 Cr in the same period. Profit before tax also saw a notable increase from 41.68 Cr in March 2020 to 120.37 Cr in March 2025, leading to a profit after tax of 90.04 Cr. The earnings per share (EPS) rose from 13.76 in March 2020 to 5.04 in March 2025, reflecting the company's profitability. Overall, Prec. Wires (I) has shown resilience and growth in its financial performance over the years.

Are Prec. Wires (I) latest results good or bad?

Precision Wires India's latest Q2 FY26 results are positive, with a net profit of ₹4.96 crore, up 161.05% from the previous quarter, and a modest sales increase to ₹209.58 crore. The improved operating margin and strong market response indicate a favorable trend in financial performance.

The latest results for Precision Wires India are quite positive. In Q2 FY26, the company reported a net profit of ₹4.96 crore, which is a remarkable increase of 161.05% compared to the previous quarter. This significant surge in profitability indicates strong operational efficiency and effective cost management.<BR><BR>Net sales also saw a modest increase, reaching ₹209.58 crore, up 1.16% quarter-on-quarter. While the revenue growth was not as pronounced, the expansion in operating margin to 6.69%—up 189 basis points from the previous quarter—demonstrates improved pricing power and cost control.<BR><BR>Overall, the company's ability to enhance profitability metrics, despite only modest sales growth, reflects a strong turnaround and operational strength. The market has responded favorably, with the stock price rising significantly over recent months, outperforming broader market indices. Thus, the results can be characterized as good, showcasing a positive trend in financial performance.

Has Prec. Wires (I) declared dividend?

Yes, Precision Wires India Ltd has declared a dividend of 35% (₹0.5 per share) with an ex-date of November 18, 2025. The company has demonstrated strong total returns across various periods, with a 5-year total return of 1411.33%.

Yes, Precision Wires India Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 35%<BR>- Amount per share: 0.5<BR>- Ex-date: 18 Nov 25<BR><BR>Dividend Yield: 0.49%.<BR><BR>Total Returns by Period:<BR>In the 3-month period, the price return was 60.83%, the dividend return was 0.20%, resulting in a total return of 61.03%.<BR><BR>For the 6-month period, the price return was 85.44%, the dividend return was 0.46%, leading to a total return of 85.9%.<BR><BR>Over the 1-year period, the price return was 60.64%, the dividend return was 0.88%, culminating in a total return of 61.52%.<BR><BR>In the 2-year period, the price return was 142.45%, the dividend return was 1.97%, resulting in a total return of 144.42%.<BR><BR>During the 3-year period, the price return was 313.43%, the dividend return was 4.64%, leading to a total return of 318.07%.<BR><BR>For the 4-year period, the price return was 560.42%, the dividend return was 10.52%, culminating in a total return of 570.94%.<BR><BR>In the 5-year period, the price return was 1366.23%, the dividend return was 45.10%, resulting in a total return of 1411.33%.<BR><BR>Overall, Precision Wires India Ltd has shown a strong performance in both dividends and total returns across various periods, indicating robust growth and shareholder value enhancement. The declared dividend further complements the impressive total returns achieved over the years.

Is Prec. Wires (I) overvalued or undervalued?

As of August 11, 2025, Prec. Wires (I) is considered very expensive and overvalued with a PE ratio of 32.76 and an EV to EBITDA of 15.34, significantly higher than peers like Hindustan Zinc and Vedanta, despite a strong one-year return of 14.32%.

As of 11 August 2025, the valuation grade for Prec. Wires (I) has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently considered overvalued. Key ratios include a PE ratio of 32.76, a Price to Book Value of 5.39, and an EV to EBITDA of 15.34, all of which suggest that the stock is trading at a premium compared to its earnings and assets.<BR><BR>In comparison to peers, Hindustan Zinc has a PE ratio of 17.11 and an EV to EBITDA of 10.28, while Vedanta presents a more attractive valuation with a PE of 12.74 and an EV to EBITDA of 5.26. These comparisons highlight that Prec. Wires (I) is significantly more expensive than its industry counterparts. Despite a strong one-year return of 14.32% compared to the Sensex's 1.13%, the current valuation metrics indicate that the stock may not be justified at its present price level.

Who are the top shareholders of the Prec. Wires (I)?

The top shareholders of Prec. Wires (I) include Galvawire Agencies Pvt Ltd with 14.56%, Kcp Sugar And Industries Corporation Limited at 1.51%, and individual investors holding 28.88%. Additionally, 32 Foreign Institutional Investors collectively own 0.47%, with no mutual funds currently invested.

The top shareholders of Prec. Wires (I) include the promoters, who hold the majority of the shares. The promoter with the highest holding is Galvawire Agencies Pvt Ltd, which owns 14.56% of the company. In terms of public shareholders, Kcp Sugar And Industries Corporation Limited is the largest, holding 1.51%. Additionally, individual investors collectively hold 28.88% of the shares, while 32 Foreign Institutional Investors (FIIs) hold a total of 0.47%. There are no mutual funds currently invested in the company.

What is the bonus history of the Prec. Wires (I)?

Precision Wires India Ltd issued a 1:2 bonus on December 22, 2022, granting one additional share for every two shares held. The record date for this bonus was also December 22, 2022.

Precision Wires India Ltd has a recent bonus history that includes a 1:2 bonus issue, which was announced with an ex-date of December 22, 2022. This means that for every two shares held, shareholders received one additional share. The record date for this bonus was also December 22, 2022. If you have any more questions about the company or its financials, feel free to ask!