Precision Wires India
- Market cap
- ₹ 7,304 Cr.
- P/E
- 432.3x
- P/B
- 9.38x
- 52-week range
- 210.01 – 524.9
- ROE
- 23%
- ROCE
- 33%
- Dividend yield
- 0.2%
- Debt / equity
- 0.38
- Sector
- Industrial Products
- Industry
- Aluminium, Copper & Zinc Products
- Listed on
- NSE, BSE
About
Precision Wires India Limited is an India-based company, which is engaged in the manufacturing of enameled round and rectangular copper winding wires, continuously transposed conductors (CTC) and paper/mica/Nomex insulated copper conductors (PICC) which are used by the electrical/electronic industries. It operates in winding wires made of copper segment. Its products include enameled round winding wires, enameled rectangular winding wires, continuously transposed conductors, paper-insulated copper conductors, and submersible winding wires. Its enameled round copper wires are used in electrical machines such as motors, generators, transformers, household appliances, auto-electrical, refrigeration (hermetic) motors, electrical hand tools, fans, switchgear, coils and relays, ballasts and more, mainly in low voltage applications. Its submersible winding wires are used in submersible pumps/motors of all sizes for agricultural, domestic, and industrial applications.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Aluminium, Copper & Zinc Products: 26 companies →Precision Wires India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)432.3 against a typical 16.7: pricier than most peers (1st = cheapest).25th of 26
- Sales growth+59.4% against a typical +33.2% from a year earlier.8th of 18
- Profit growth+70.4% against a typical +78% from a year earlier.9th of 16
- Share price, 3 months+12% against a typical −4.1%.7th of 24
- Size₹ 7,304.4 Cr. market value against a typical ₹ 191.5 Cr. (1st = largest).1st of 26
Latest announcements
Exchange filings and their impact on the company.
- Precision Wires bought ~2 acres in Zaroli, Gujarat for Rs 3.6 crore for future use.
Precision Wires India has purchased about 2 acres of land at Village Zaroli, Umbergaon in Valsad, Gujarat for about Rs 3.6 crore including stamp duty and registration. The company did not disclose the specific project, investment or timeline for use of the land. At this size the purchase is immaterial to near-term sales and profits and mainly preserves optionality for future expansion.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A+ by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE A+ | Stable | 7 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 7 Aug 2026 | Reaffirmed | CARE A+ | — | CARE | ₹ 2,097.08 Cr. | |
| 9 Jul 2026 | Reaffirmed | CARE A+ | — | CARE | ₹ 2,097.08 Cr. | |
| 24 Nov 2025 | Reaffirmed | CARE A+ | — | CARE | ₹ 1,341.08 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 10 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 23 May 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters |
| 14 Feb 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended December 31, 2025, dividend and other business matters |
| 12 Nov 2025 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended September 30, 2025, dividend and other business matters |
| 9 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 17 May 2025 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2025, dividend and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 829 | 805 | 884 | 955 | 1,044 | 982 | 1,054 | 1,116 | 1,237 | 1,348 | 1,763 | 1,779 |
| Expenses | 794 | 766 | 841 | 910 | 1,002 | 942 | 995 | 1,057 | 1,167 | 1,272 | 1,658 | 1,695 |
| Operating Profit | 35 | 39 | 43 | 45 | 42 | 40 | 59 | 59 | 70 | 75 | 104 | 85 |
| OPM % | 4.2% | 4.8% | 4.9% | 4.7% | 4% | 4.1% | 6% | 5% | 6% | 6% | 6% | 4.8% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 9 | 9 | 9 | 11 | 12 | 10 | 13 | 17 | 15 | 16 | 25 | 14 |
| Depreciation | 4 | 4 | 5 | 4 | 4 | 5 | 6 | 6 | 7 | 7 | 7 | 8 |
| Profit before tax | 22 | 25 | 29 | 30 | 26 | 25 | 40 | 36 | 48 | 52 | 72 | 62 |
| Tax % | 27% | 28% | 25% | 26% | 26% | 24% | 25% | 25% | 26% | 28% | 24% | 25% |
| Net Profit | 16 | 18 | 22 | 22 | 19 | 19 | 30 | 27 | 36 | 38 | 55 | 46 |
| EPS in Rs | 0.92 | 1.01 | 1.23 | 1.24 | 1.08 | 1.06 | 1.66 | 1.52 | 1.98 | 2.06 | 3 | 2.54 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 20%
- 5 Years
- 26%
- 3 Years
- 21%
- TTM
- 46%
- 10 Years
- 25%
- 5 Years
- 31%
- 3 Years
- 38%
- TTM
- 84%
- 10 Years
- 41%
- 5 Years
- 71%
- 3 Years
- 69%
- TTM
- —
- 10 Years
- 16%
- 5 Years
- 18%
- 3 Years
- 19%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Precision Wires India | ₹ 403.50 | ₹ 7,304 Cr. | 432.3x | 9.4x | 23% | — |
| Bharat Forge | ₹ 1,709.60 | ₹ 81,734 Cr. | 89.6x | 10.9x | 11.5% | 6.5% |
| Havells India | ₹ 1,032.00 | ₹ 64,764 Cr. | 44.1x | 7.9x | — | 6.9% |
| Schaeffler India | ₹ 3,468.00 | ₹ 54,379 Cr. | 56.2x | 10.7x | — | 12% |
| Sterlite Technologies | ₹ 829.00 | ₹ 42,603 Cr. | 464.5x | 11.2x | 2.6% | 1.2% |
| R R Kabel | ₹ 2,150.60 | ₹ 26,329 Cr. | 51.2x | 10.1x | 20.8% | 5.1% |
Management
- Sanjay Singhvi
- President, Additional Executive Director
- Milan M. Mehta
- Executive Vice Chairman of the Board, Managing Director
- Mohandas Pai
- Chief Financial Officer, General Manager
- Deepika Pandey
- Chief Compliance Officer, Company Secretary
- Deepak Mahendra Mehta
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.