PRECWIRE

Precision Wires India share price & financials

Price
₹408.25
Market cap
₹8.5k Cr
Sector
Capital Goods

What Precision Wires India Limited does

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
Founded 1989Headquarters Mumbai, Maharashtra, India Company website

Quarterly results

Q4 FY26: revenue up 67.3%, net profit up 83.3% against the same quarter last year.

₹ Cr · quarterly
Line itemQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Revenue955 1,044 982 1,054 1,116 +17%1,237 +18%1,348 +37%1,763 +67%
EBITDA45 42 40 59 59 +31%70 +67%75 +88%104 +76%
Net profit22 19 19 30 27 +23%36 +89%38 +100%55 +83%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +157.8% 1Y

₹200₹300₹400₹500Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹179.41 on 10 Sept 2025 → ₹462.55. High ₹507.35 (28 Aug 2026), low ₹179.41 (10 Sept 2025).

Financials, as filed

Revenue grew 21.4% a year over 3 years, FY23 to FY26. Operating margin widened to 5.6%.

Year endingFY23FY24FY25FY26
Revenue₹3.1k Cr₹3.3k Cr₹4.0k Cr₹5.5k Cr
Operating profit₹129 Cr₹153 Cr₹186 Cr₹308 Cr
Operating margin4.2%4.6%4.6%5.6%
Interest₹33 Cr₹37 Cr₹46 Cr₹73 Cr
Depreciation₹15 Cr₹17 Cr₹19 Cr₹27 Cr
Net profit₹60 Cr₹73 Cr₹90 Cr₹156 Cr
Net margin2.0%2.2%2.2%2.9%
Cash from operations₹77 Cr₹60 Cr₹168 Cr₹273 Cr
Free cash flow₹43 Cr₹11 Cr₹72 Cr₹-21 Cr
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹12 Cr₹12 Cr₹18 Cr₹18 Cr₹18 Cr₹18 Cr
Reserves₹304 Cr₹353 Cr₹432 Cr₹489 Cr₹643 Cr₹754 Cr
Borrowings₹22 Cr₹22 Cr₹16 Cr₹99 Cr₹128 Cr₹293 Cr
Other liabilities₹448 Cr₹491 Cr₹462 Cr₹457 Cr₹789 Cr₹1.2k Cr
Total liabilities₹786 Cr₹879 Cr₹928 Cr₹1.1k Cr₹1.6k Cr₹2.2k Cr
Fixed assets₹110 Cr₹100 Cr₹116 Cr₹139 Cr₹260 Cr₹316 Cr
Capital work in progress₹2 Cr₹6 Cr₹10 Cr₹19 Cr₹72 Cr₹183 Cr
Investments₹28 Cr₹9 Cr₹5 Cr₹52 Cr₹97 Cr₹177 Cr
Other assets₹646 Cr₹764 Cr₹797 Cr₹851 Cr₹1.1k Cr₹1.6k Cr
Total assets₹786 Cr₹879 Cr₹928 Cr₹1.1k Cr₹1.6k Cr₹2.2k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, FIIs added +1.71 pp while promoters trimmed −1.32 pp. The shareholder count grew 14% to 67,461.

Promoters
56.6%
FIIs
2.5%
DIIs
0.1%
Public
40.8%

Since Jun 2025

  • FIIs +1.71 pp
  • Promoters −1.32 pp
  • Public −0.54 pp

How it drifted, 12 quarters

Over this window FIIs went from 0.1% to 2.5% — +2.4 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 57.9%, FIIs 0.1%, Public 42.0%.Dec '23: Promoters 57.9%, FIIs 0.0%, Public 42.0%.Mar '24: Promoters 57.9%, FIIs 0.1%, Public 41.9%.Jun '24: Promoters 57.9%, FIIs 0.3%, Public 41.8%.Sep '24: Promoters 57.9%, FIIs 0.3%, Public 41.8%.Dec '24: Promoters 57.9%, FIIs 0.4%, Public 41.6%.Mar '25: Promoters 57.9%, FIIs 0.5%, DIIs 0.0%, Public 41.6%.Jun '25: Promoters 57.9%, FIIs 0.8%, DIIs 0.0%, Public 41.3%.Sep '25: Promoters 57.5%, FIIs 0.8%, DIIs 0.0%, Public 41.8%.Dec '25: Promoters 56.6%, FIIs 1.3%, DIIs 0.1%, Public 42.0%.Mar '26: Promoters 56.6%, FIIs 1.6%, DIIs 0.1%, Public 41.6%.Jun '26: Promoters 56.6%, FIIs 2.5%, DIIs 0.1%, Public 40.8%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Precision Wires India Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Galvawire Agencies Pvt Ltd 14.23%unchanged
Gira Milan Mehta 10.62%unchanged
Milan M Mehta 8.27%unchanged
Deepak M Mehta 7.54%unchanged
Nirbhay Deepak Mehta 7.18%unchanged
Sujata D Mehta 5.01%unchanged
Milan Mahendra Mehta Huf 2.30%unchanged
Saraswati Commercial (India) Ltd 1.78%unchanged
Kcp Sugar And Industries Corporation Limited 1.48%unchanged
Singularity Holdings Limited 1.42%unchanged
Four Dimensions Securities (India) Ltd 1.42%unchanged
Vinod Sethi 1.31%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.

What the price assumes

Attractive

To justify its price of ₹463, this stock must grow earnings at 31% every year for 7 years. Our analysis caps realistic growth at ~36%. At that growth it is worth ₹582 — upside of 26%.

Growth the price implies
31.3% 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
-0.0 pp
26% downside if it only repeats history
Price today ₹462.55 Value at the reference growth ₹581.72

Change the assumptions yourself →

Learn to analyse Precision Wires India Limited

Guides on how to read this kind of business and the numbers that matter.