Precision Wires India Ltd logo

Precision Wires India Ltd

PRECWIRE NSE

Key Fundamentals

MicrocapAluminium Copper & ZincIndustrial Products
Market Cap
₹8,245 Cr
Volatility
Moderate
P/E Ratio
47.83
EBITDA
₹53.50 Cr
Return on Equity
8.75%
Debt to Equity
0.38
Book Value
₹42.25
EPS
₹4.4
52W High
₹474.9
52W Low
₹170.15

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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29 extracted metrics + investor summaries across FY15–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

4
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 31.4% CAGR over last 5 years
  • Company's median sales growth is 17.3% of last 10 years
  • Company's working capital requirements have reduced from 21.1 days to 10.5 days

Weaknesses

2
  • Stock is trading at 10.8 times its book value
  • Company's cost of borrowing seems high

Growth Rate

Revenue Growth
-4.40% ↘
Net Income Growth
68.32% ↗
Cash Flow Change
38.85% ↗
ROE
61.74% ↗
ROCE
17.64% ↘
EBITDA Margin (Avg.)
10.66% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 18d ago
AI opinion · based on fundamentals
Risk high

Precision Wires India Ltd, a leading copper wire manufacturer, trades at a market cap of ₹6,669 Cr with a PE of 41.8x and PB of 8.39x. The company has delivered 31% profit CAGR over 5 years and 35% TTM sales growth, though valuations have expanded significantly with the stock returning 98% in the last 1 year.

Bull Case 8
  • Strong profit growth of 73% on a TTM basis, accelerating from 38% 3-year CAGR and 31% 5-year CAGR
  • Robust sales growth of 35% TTM, well above the 10-year compounded sales growth of 20%
  • ROE has improved to 23% in the last year from a 10-year average of 16%, indicating improving capital efficiency
  • Working capital days nearly halved from 21.1 days to 10.5 days, freeing up cash for operations and growth
  • Consistent long-term sales growth with 10-year median of 17.3%, demonstrating sustained demand for copper wire products
  • 5-year stock CAGR of 63% reflects sustained wealth creation over a meaningful period, not just a short-term spike
  • 10-year compounded profit growth of 25% demonstrates the company's ability to grow earnings through multiple business cycles
  • Expected to deliver a good upcoming quarter based on operational momentum and industry demand trends
Bear Case 8
  • PE ratio of 41.8x is elevated for an industrial products company, leaving limited margin of safety if growth slows
  • Price-to-book of 8.39x is steep, suggesting the market has priced in significant future growth already
  • Stock has surged 98% in 1 year, raising the risk of mean reversion or a correction on any earnings miss
  • High cost of borrowing suggests suboptimal debt terms, which could pressure margins if interest rates stay elevated
  • Dividend yield of only 0.35% indicates minimal cash return to shareholders relative to the stock price
  • Copper wire manufacturing is a commodity-linked business where margins are vulnerable to raw material price volatility
  • 3-year stock CAGR of 55% significantly outpaces 3-year profit CAGR of 38%, implying valuation multiple expansion rather than purely fundamental growth
  • 52-week high and low data unavailable, limiting visibility on recent price range and potential downside support levels

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 15d ago
Headwinds 1
  • Silvassa ops hit by floods Jul 23

    Operations at Precision Wires India's Silvassa plants were partially impacted by flooding from heavy rains. Company is assessing damages and expects normalization in a few days.

Positives 2
  • Final dividend Rs 0.55 declared Jul 10

    Precision Wires announced a final dividend of Rs 0.55 per share for FY 2025-26. Record date is set for July 31, 2026.

  • Valsad factory license secured Jul 10

    Precision Wires obtained a factory license for its Valsad facility, a mandatory regulatory clearance enabling lawful manufacturing operations and operational expansion at the site.

Neutral 1
  • BRSR filed for FY 2025-26 Jul 13

    Precision Wires filed its Business Responsibility and Sustainability Report for FY 2025-26, detailing ESG performance including energy consumption, waste management, and employee welfare.

TL;DR: Precision Wires is expanding its manufacturing footprint with a new Valsad factory license and rewarding shareholders with a Rs 0.55 dividend. The near-term risk is the flood-related disruption at Silvassa, though management expects quick normalization. Overall, the operational trajectory is positive with capacity expansion underway, but weather-related vulnerabilities at key plants remain a watch item.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
803
829
805
884
955
1,044
982
1,054
1,116
1,237
1,348
1,763
1,779
Expenses
766
794
766
841
910
1,002
942
995
1,057
1,167
1,272
1,658
1,695
Operating Profit
36
35
39
43
45
42
40
59
59
70
75
104
85
OPM %
4.5%
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
0
Interest
10
9
9
9
11
12
10
13
17
15
16
25
14
Depreciation
4
4
4
5
4
4
5
6
6
7
7
7
8
PBT
22
22
25
29
30
26
25
40
36
48
52
72
62
Tax %
25%
27%
28%
25%
26%
26%
24%
25%
25%
26%
28%
24%
25%
Net Profit
17
16
18
22
22
19
19
30
27
36
38
55
46
EPS in Rs
0.93
0.92
1.01
1.23
1.24
1.08
1.06
1.66
1.52
1.98
2.06
3
2.54
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
881
843
884
1,408
1,758
1,526
1,719
2,683
3,034
3,302
4,015
5,410
6,127
Expenses
833
792
830
1,322
1,665
1,453
1,640
2,566
2,927
3,168
3,849
5,154
5,792
Operating Profit
47
52
54
85
93
73
79
117
106
134
166
256
335
OPM %
5%
6%
6%
6%
5%
4.8%
4.6%
4.4%
3.5%
4.1%
4.1%
4.7%
5%
Other Income
3
2
3
2
1
4
4
7
22
19
21
53
0
Interest
14
11
9
15
17
19
15
25
33
37
47
73
70
Depreciation
20
16
14
14
13
16
16
15
14
17
20
27
30
PBT
17
27
33
58
65
42
52
84
81
99
120
209
235
Tax %
40%
36%
32%
38%
35%
24%
24%
25%
27%
26%
25%
26%
—
Net Profit
10
17
23
36
42
32
39
63
59
73
90
155
175
EPS in Rs
0.58
0.98
1.3
2.07
2.41
1.83
2.27
3.63
3.33
4.08
5.04
8.49
9.58
Div. Payout %
63%
44%
36%
29%
25%
18%
29%
50%
29%
26%
23%
0%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
12
12
12
12
12
12
12
12
18
18
18
18
Reserves
175
183
201
225
254
271
304
353
432
489
558
754
Borrowings
38
28
38
33
30
31
22
22
16
99
62
293
Other Liabilities
133
134
152
259
295
230
448
491
462
457
616
1,183
Total Liabilities
358
357
403
529
590
544
786
879
928
1,062
1,254
2,249
Fixed Assets
87
80
82
79
113
115
110
100
116
139
218
316
CWIP
3
12
5
10
10
4
2
6
10
19
30
183
Investments
0
2
1
1
1
1
28
9
5
52
56
177
Other Assets
268
263
315
438
465
423
646
764
797
851
950
1,573
Total Assets
358
357
403
529
590
544
786
879
928
1,062
1,254
2,249
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
32
45
13
95
59
48
61
43
77
60
168
273
Investing
-5
-19
-9
-17
-47
-13
-35
8
10
-94
-99
-397
Financing
-36
-27
-6
-31
-40
-31
-31
-38
-53
28
-103
199
Net Cash Flow
-8
-1
-2
46
-27
4
-5
12
33
-6
-34
76
Free Cash Flow
24
26
4
77
12
36
52
32
43
11
72
-7
CFO/OP
81
105
44
136
88
84
89
52
89
60
115
126
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
57
58
75
66
61
64
93
65
55
47
51
62
Inventory Days
46
50
53
32
29
29
39
33
30
35
30
33
Days Payable
52
55
61
71
62
55
100
70
57
51
56
80
Cash Conversion Cycle
51
53
66
27
28
38
33
28
28
30
25
15
Working Capital Days
35
38
47
23
27
34
33
29
31
27
26
11
ROCE %
13%
17%
18%
28%
29%
20%
20%
30%
26%
25%
27%
33%

Shareholding Pattern

As of Jun 2026
Promoters 56.62%
Public 26.48%
Others 14.29%
FIIs 2.47%
DIIs 0.15%
Total 100.01%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
59.67%
59.67%
59.67%
59.67%
59.67%
59.67%
59.67%
59.67%
59.67%
57.93%
57.93%
57.93%
57.93%
57.93%
57.93%
57.93%
57.93%
57.93%
57.49%
56.62%
56.62%
56.62%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.14%
0.31%
0.32%
0.44%
0.47%
0.76%
0.75%
1.33%
1.65%
2.47%
DIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.04%
0.07%
0.02%
0.00%
0.00%
0.00%
0.00%
0.03%
0.00%
0.00%
0.01%
0.01%
0.01%
0.06%
0.11%
0.15%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
33.02%
32.95%
33.00%
32.92%
32.79%
32.83%
32.72%
32.46%
32.40%
31.72%
30.90%
31.13%
29.54%
29.74%
29.65%
30.01%
28.88%
28.33%
28.22%
27.23%
26.92%
26.48%
Others
7.31%
7.38%
7.33%
7.41%
7.54%
7.50%
7.57%
7.80%
7.91%
10.35%
11.17%
10.94%
12.39%
11.98%
12.10%
11.62%
12.72%
12.97%
13.53%
14.77%
14.71%
14.29%
No. of Shareholders
14,425
15,015
15,888
25,767
47,735
46,937
48,263
56,905
53,936
51,719
50,927
53,345
56,707
56,681
61,803
66,244
62,785
59,183
59,186
59,379
62,834
67,461

Documents

Frequently Asked Questions about Precision Wires India Ltd

What does Precision Wires India Ltd do?
Precision Wires India Ltd is engaged in manufacturing Enamelled Round and Rectangular Copper Winding Wires, Continuously Transposed Conductor, and Paper / Mica / Nomex Insulated Copper Conductor. The Company primarily supplies to the OEM sector and to various industries like power, auto, consumer...
Where is Precision Wires India Ltd (PRECWIRE) listed?
Precision Wires India Ltd is listed on the Indian stock exchanges. It is listed on NSE: PRECWIRE and BSE: 523539. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Precision Wires India Ltd belong to?
Precision Wires India Ltd operates in the Industrial Products sector within the Aluminium Copper & Zinc industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Precision Wires India Ltd?
Precision Wires India Ltd has a market capitalisation of approximately ₹8244.64 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Precision Wires India Ltd?
The Price-to-Earnings (PE) ratio of Precision Wires India Ltd is 47.83. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Precision Wires India Ltd?
Over the past 52 weeks, Precision Wires India Ltd has traded between a low of ₹170.15 and a high of ₹474.9. This range helps investors understand the stock's price volatility and recent trading levels.
Does Precision Wires India Ltd pay dividends?
Yes, Precision Wires India Ltd has a dividend yield of 0.27%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Precision Wires India Ltd?
Precision Wires India Ltd has a Return on Equity (ROE) of 8.75%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Precision Wires India Ltd on Tapetide?
On Tapetide, you can view Precision Wires India Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Precision Wires India Ltd is engaged in manufacturing Enamelled Round and Rectangular Copper Winding Wires, Continuously Transposed Conductor, and Paper / Mica / Nomex Insulated Copper Conductor. The Company primarily supplies to the OEM sector and to various industries like power, auto, consumer durables, transformers, construction etc. It is the largest producer of Winding Wires in South Asia. [1][2][3]

Website precisionwires.in
CEO Mr. Milan Mahendra Mehta
Employees 704
Listed 1995-09-06
Face Value ₹ 1
Issued Size 18,28,07,975

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