Prec. Wires (I)

Why is Precision Wires India Ltd falling/rising?

As of 01-Aug, Precision Wires India Ltd's stock price is rising to Rs 372.65, up 5.08% after a trend reversal. This increase is driven by strong financial performance, including significant profit growth and heightened investor interest.

As of 01-Aug, Precision Wires India Ltd's stock price is rising, currently at Rs 372.65, reflecting an increase of Rs 18.0 or 5.08%. This upward movement follows a trend reversal after three consecutive days of decline. The stock has outperformed its sector by 3.86% today and reached an intraday high of Rs 376, which is a 6.02% increase.<BR><BR>The rise in stock price can be attributed to several positive factors. The company is net-debt free and has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 25.96% and operating profit growing at 33.41%. Furthermore, the company reported a significant net profit growth of 85.5% in its latest quarterly results, with net sales for the quarter reaching Rs 1,762.85 crore, marking a 67.19% increase.<BR><BR>Additionally, there has been a notable increase in investor participation, with delivery volume rising by 20.32% compared to the five-day average, indicating growing interest in the stock. Institutional investors have also increased their stake by 0.86% over the previous quarter, which suggests confidence in the company's fundamentals.<BR><BR>Overall, the combination of strong financial performance, increased investor interest, and a positive market response has contributed to the rising stock price of Precision Wires India Ltd.

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

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

How big is Prec. Wires (I)?

As of 10th June, Precision Wires India Ltd has a market capitalization of 7,394.00 Cr, with Net Sales of 416.76 Cr and a Net Profit of 6.86 Cr over the latest four quarters. Shareholder's Funds are 194.72 Cr, and Total Assets are valued at 356.64 Cr.

As of 10th June, Precision Wires India Ltd has a market capitalization of 7,394.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 416.76 Cr and a Net Profit of 6.86 Cr.<BR><BR>For the latest annual period, the Shareholder's Funds stood at 194.72 Cr, while the Total Assets were valued at 356.64 Cr.

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 directors, along with the Company Secretary, Deepika Pandey. They oversee the company's strategic direction and governance.

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>This team is responsible for the strategic direction and governance of the company.

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 114.21%, while Borosil Renew. has the lowest return at -10.54%.

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, and Below Average management risk is noted at Borosil Renew. In terms of Growth, Excellent growth is seen at Prec. Wires (I) and Borosil Renew., while Below Average growth is noted at Grindwell Norton, Carborundum Uni., SKF India, Apcotex Industri, and Pix Transmission. For Capital Structure, Excellent capital structure is observed 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 114.21%, while Borosil Renew. has the lowest at -10.54%, indicating a significant positive performance compared to its peers. Additionally, SKF India and Borosil Renew. have negative six-month returns.

What does Prec. Wires (I) do?

Precision Wires India Ltd manufactures enamelled copper winding wires and related products, with a market cap of INR 7,394 Cr and a net profit of 55 Cr as of March 2026. The company has a P/E ratio of 46.00 and a return on equity of 20.10%.

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, categorized as a Small Cap company.<BR><BR>History:<BR>The company was incorporated in November 1989 and has been operational since then. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,743 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 55 Cr (Quarterly Results - Mar 2026)<BR>- Market cap: INR 7,394 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 46.00<BR>- Industry P/E: 14<BR>- Dividend Yield: 0.29%<BR>- Debt Equity: 0.00<BR>- Return on Equity: 20.10%<BR>- Price to Book: 9.75<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

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.

When is the next results date for Prec. Wires (I)?

No Upcoming Board Meetings

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!