Precision Wires India share price & results
- Jun 2026
- Sept 2026
Manufactures enamelled copper winding wires (MILAN brand) for motors and transformers, from Silvassa and Palej plants.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,779 | +59.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 4.8 | −0.2 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 46.0 | +70.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | +3.6 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | +0.4 pts | Fiscal year | FY · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Revenue growth (YoY) | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance +100.0% 1Y
1Y: ₹201.35 on 24 Oct 2025 → ₹402.7. High ₹516.6 (7 Oct 2026), low ₹201.35 (24 Oct 2025).
- Previous close
- ₹396.3
- Market cap
- ₹7.2k Cr
- 52-week range
- ₹210.71 – ₹516.6
- One year
- +91.12%
Overview
- Symbol
- NSE:PRECWIRE
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What Precision Wires India Limited does
Based on the company's own presentations, annual report and earnings calls.
Precision Wires India Limited manufactures enamelled/insulated copper winding wires, marketed under the MILAN brand, used as an input for electric motors, transformers and other electrical equipment. Production is carried out at works in Silvassa (Union Territory of Dadra & Nagar Haveli) and at Palej, Gujarat, where copper wire rods and cathodes procured from domestic producers and imports are converted into finished winding wire. The company sells to both domestic customers and export markets, and is separately building a copper-waste recycling and refining unit at Zaroli, Gujarat to produce copper cathodes for captive use as raw material.
Segments
- Winding Wires (Enamelled Copper Wire)
- Manufacturing units
- 4 production units across 2 locations - Silvassa (Unit-1, Unit-2 "Atlas Wires", Unit-5) and Palej, Gujarat
- Capacity expansion completed (FY25)
- +9,000 MT/year of copper winding wire capacity added at Silvassa works
- Capacity expansion underway
- +6,000 MT/year of copper winding wire capacity being added at Silvassa works (machinery being installed)
- Capacity expansion approved
- +6,700 MT/year of copper winding wire capacity approved for Silvassa works (equipment ordered, civil work in progress)
- Backward-integration project
- Copper-waste recycling and refining unit under construction at Zaroli, Gujarat, to produce copper cathodes for captive wire-rod manufacture
- Key raw-material suppliers
- Copper wire rods/cathodes sourced domestically from Hindalco (Birla Copper) and Vedanta (Tuticorin smelter), supplemented by imports
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 2 fiscal years held (Mar 2015 to Mar 2016).
Financials
What the filings say
Net profit, year on year: +70% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,044 | 982 | 1,054 | 1,116 | 1,237 | 1,348 | 1,763 | 1,779 |
| Expenses | 1,002 | 942 | 995 | 1,057 | 1,167 | 1,272 | 1,658 | 1,695 |
| Operating profit | 42 | 40 | 59 | 59 | 70 | 75 | 104 | 85 |
| Operating margin | 4.0% | 4.1% | 6.0% | 5.0% | 6.0% | 6.0% | 6.0% | 4.8% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 12 | 10 | 13 | 17 | 15 | 16 | 25 | 14 |
| Depreciation | 4 | 5 | 6 | 6 | 7 | 7 | 7 | 8 |
| Profit before tax | 26 | 25 | 40 | 36 | 48 | 52 | 72 | 62 |
| Tax rate | 26.0% | 24.0% | 25.0% | 25.0% | 26.0% | 28.0% | 24.0% | 25.0% |
| Net profit | 19 | 19 | 30 | 27 | 36 | 38 | 55 | 46 |
| EPS (₹ per share) | 1.08 | 1.06 | 1.66 | 1.52 | 1.98 | 2.06 | 3 | 2.54 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 3,056 | 3,321 | 4,035 | 5,464 |
| Expenses | 2,927 | 3,167 | 3,849 | 5,154 |
| Operating profit | 129 | 153 | 186 | 308 |
| Other income | 0 | 0 | 0 | 0 |
| Interest | 33 | 37 | 46 | 73 |
| Depreciation | 15 | 17 | 19 | 27 |
| Profit before tax | 82 | 98 | 121 | 208 |
| Net profit | 60 | 73 | 90 | 156 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 12 | 18 | 18 | 18 | 18 | 18 |
| Reserves | 353 | 432 | 489 | 558 | 643 | 754 |
| Borrowings | 22 | 16 | 99 | 62 | 128 | 293 |
| Other liabilities | 491 | 462 | 457 | 616 | 789 | 1,183 |
| Total liabilities | 879 | 928 | 1,062 | 1,254 | 1,578 | 2,249 |
| Fixed assets | 100 | 116 | 139 | 218 | 260 | 316 |
| Capital work in progress | 6 | 10 | 19 | 30 | 72 | 183 |
| Investments | 9 | 5 | 52 | 56 | 97 | 177 |
| Other assets | 764 | 797 | 851 | 950 | 1,149 | 1,573 |
| Total assets | 879 | 928 | 1,062 | 1,254 | 1,578 | 2,249 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 61 | 43 | 77 | 60 | 168 | 273 |
| Cash from investing | -35 | 8 | 10 | -94 | -99 | -397 |
| Cash from financing | -31 | -38 | -53 | 28 | -103 | 199 |
| Net cash flow | -5 | 12 | 33 | -6 | -34 | 76 |
| Free cash flow | 52 | 32 | 43 | 11 | 72 | -7 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 93 | 65 | 55 | 47 | 51 | 62 |
| Inventory days | 39 | 33 | 30 | 35 | 30 | 33 |
| Days payable | 100 | 70 | 57 | 51 | 56 | 80 |
| Cash conversion cycle | 33 | 28 | 28 | 30 | 25 | 15 |
| Working capital days | 33 | 29 | 31 | 27 | 26 | 11 |
| Return on capital employed | 20.0% | 30.0% | 26.0% | 25.0% | 27.0% | 33.0% |
| Dividend payout | 29.0% | 50.0% | 29.0% | 26.0% | 23.0% | 15.0% |
What the price assumes
AttractiveTo justify its price of ₹403, this stock must grow earnings at 26% every year for 7 years. Our analysis caps realistic growth at ~36%. At that growth it is worth ₹653 — upside of 62%.
- Growth the price implies
- 26.1% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 37.5% a year
- net profit, FY23–FY26 · EPS 36.0%
- The gap
- -0.1 pp
- 62% downside if it only repeats history
Ownership
Who owns it
Promoters hold 56.61% as of Sept 2026; institutions added 0.20 pts since Jun 2026.
- Promoters 56.61%
- Foreign institutions 2.56%
- Domestic institutions 0.26%
- Public 40.57%
Who is on the register
Named in the Sep 2026 filing
Every holder of Precision Wires India Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 14.23% | unchanged | |
| 10.62% | unchanged | |
| 8.27% | unchanged | |
| 7.54% | unchanged | |
| 7.18% | unchanged | |
| 5.01% | unchanged | |
| 2.30% | unchanged | |
| 1.78% | unchanged | |
| 1.48% | unchanged | |
| 1.42% | unchanged | |
| 1.42% | unchanged | |
| 1.34% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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