Precision Wire India

₹133.4 3.9 | 3.1%

WEBSITE BSE:523539 NSE : PRECISION WR 10 May, 16:01

Market Cap ₹2382 Cr.

Stock P/E 37.3

P/B 4.8

Current Price ₹133.4

Book Value ₹ 27.7

Face Value 1

52W High ₹155.6

Dividend Yield 0.72%

52W Low ₹ 72

Edit Ratio

Precision Wire India Research see more...

Overview Inc. Year: 1989Industry: Cable

Precision Wires India Ltd is engaged in manufacturing and sale of winding wires made from copper of all types. The Company manufactures winding wires, that are used inside the manufacture of both rotating and static electric gadget. It gives insulated enameled wires and other insulated electric conductors, along with insulated enameled round winding wires, enameled strips, paper insulated copper conductors and continuously transposed conductors. Its wires are broadly used in gadget, such as Rotating machines (producer and repairer); Alternators; Hermetic cars (for refrigeration and air conditioning equipment); Power and Distribution Transformers; Control and Power supply Transformers; Ballasts; Auto Electricals; Electric hand Tools; home equipment, and Fans. It gives its products to large and medium electric and electronic device manufacturers each in India and abroad. Its flowers are located in union territory of Dadra and Nagar Haveli, Gujarat and Maharashtra.

Precision Wire India Share Price

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Precision Wire India Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	709	705	745	826	726	704	800	803	829	805
Other Income	0	0	0	0	0	0	0	0	0	0
Total Income	709	705	745	826	726	704	800	803	829	805
Total Expenditure	679	670	709	792	695	671	769	766	794	766
Operating Profit	30	35	35	34	31	33	31	36	35	39
Interest	5	7	8	8	8	8	9	10	9	9
Depreciation	4	4	4	4	3	4	4	4	4	4
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	21	24	24	23	20	21	18	22	22	25
Provision for Tax	6	6	6	6	5	6	5	6	6	7
Profit After Tax	15	18	18	17	15	15	13	17	16	18
Adjustments	0	0	-0	0	0	-0	0	-0	-0	0
Profit After Adjustments	15	18	18	17	15	15	13	17	16	18
Adjusted Earnings Per Share	0.9	1	1.1	1	0.8	0.9	0.7	0.9	0.9	1

Precision Wire India Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	976	982	881	843	884	1408	1758	1526	1719	2683	3034	3237
Other Income	1	5	3	2	3	2	2	4	5	7	22	0
Total Income	977	987	884	846	887	1410	1760	1530	1724	2690	3055	3237
Total Expenditure	936	928	833	792	830	1323	1665	1453	1641	2566	2927	3095
Operating Profit	42	59	51	53	57	87	95	77	83	124	128	141
Interest	5	24	14	11	9	15	18	19	15	25	33	37
Depreciation	13	12	20	16	14	14	13	16	16	15	14	16
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	24	23	17	27	33	58	65	42	52	84	81	87
Provision for Tax	8	9	7	10	11	22	23	10	12	21	22	24
Profit After Tax	16	14	10	17	23	36	42	32	39	63	59	64
Adjustments	0	0	0	0	-0	-0	-0	-1	1	-0	2	0
Profit After Adjustments	16	14	10	17	22	36	41	31	40	63	62	64
Adjusted Earnings Per Share	0.9	0.8	0.6	1	1.3	2.1	2.4	1.8	2.3	3.6	3.3	3.5

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	13%	26%	17%	12%
Operating Profit CAGR	3%	18%	8%	12%
PAT CAGR	-6%	23%	10%	14%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	84%	71%	39%	37%
ROE Average	15%	15%	15%	12%
ROCE Average	27%	26%	25%	21%

Precision Wire India Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	202	203	187	195	213	237	265	283	316	365	450
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	8	3	0	0	0	0	16	12	7	3	13
Other Non-Current Liabilities	17	19	7	6	6	5	6	6	6	5	7
Total Current Liabilities	304	210	164	156	185	287	302	243	457	506	458
Total Liabilities	531	435	358	357	403	529	590	544	786	879	928
Fixed Assets	134	127	87	80	82	79	113	115	110	99	116
Other Non-Current Assets	4	3	3	14	7	13	13	6	4	9	16
Total Current Assets	392	305	267	262	314	437	464	423	672	771	796
Total Assets	531	435	358	357	403	529	590	544	786	879	928

Precision Wire India Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	27	40	27	18	16	14	61	33	37	33	45
Cash Flow from Operating Activities	27	6	32	45	13	95	59	48	61	43	77
Cash Flow from Investing Activities	-31	37	-5	-19	-9	-17	-47	-13	-35	8	-28
Cash Flow from Financing Activities	17	-57	-36	-27	-6	-31	-40	-31	-31	-38	-15
Net Cash Inflow / Outflow	13	-13	-8	-1	-2	46	-27	4	-5	12	33
Closing Cash & Cash Equivalent	40	27	18	17	14	61	33	37	33	45	78

Precision Wire India Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0.92	0.83	0.58	0.98	1.3	2.07	2.41	1.83	2.27	3.63	3.33
CEPS(Rs)	1.64	1.51	1.71	1.89	2.12	2.89	3.15	2.76	3.2	4.51	4.12
DPS(Rs)	0.27	0.67	0.37	0.43	0.47	0.6	0.6	0.33	0.67	0.87	0.96
Book NAV/Share(Rs)	11.66	11.71	10.77	11.23	12.26	13.64	15.3	16.3	18.22	21.04	25.21
Core EBITDA Margin(%)	3.57	4.8	4.65	5.28	5.26	5.02	4.37	3.94	3.72	3.6	2.89
EBIT Margin(%)	2.57	4.19	3.05	3.88	4.16	4.31	3.87	3.29	3.2	3.35	3.1
Pre Tax Margin(%)	2.12	2.06	1.65	2.73	3.26	3.42	3.04	2.26	2.47	2.59	2.21
PAT Margin (%)	1.41	1.29	0.99	1.75	2.2	2.12	1.97	1.72	1.88	1.94	1.62
Cash Profit Margin (%)	2.53	2.35	2.92	3.37	3.6	2.95	2.57	2.6	2.65	2.4	2
ROA(%)	3.25	2.99	2.55	4.77	5.93	7.72	7.48	5.61	5.91	7.57	6.58
ROE(%)	8.11	7.13	5.18	8.92	11.06	16.02	16.67	11.61	13.13	18.51	14.6
ROCE(%)	10.46	16.88	12.89	16.87	17.99	28.16	29.12	19.94	20.5	30.09	26.75
Receivable days	58.41	61.83	58.03	51.11	56.38	46.78	47.16	55.8	61.92	51.39	46.43
Inventory Days	28.2	28.34	30.62	36.14	36.43	23.1	19.84	22.73	23.83	21.75	22.28
Payable days	69.77	67.91	60.11	55.01	56.99	54.02	59.17	63.49	73.93	66.37	58.96
PER(x)	5.15	6.71	14.27	9.87	11.83	17.45	11.08	4.85	11.39	14.01	19.33
Price/Book(x)	0.41	0.48	0.77	0.86	1.25	2.65	1.75	0.55	1.42	2.42	2.55
Dividend Yield(%)	5.63	11.93	4.41	4.47	3.03	1.66	2.25	3.75	2.58	1.7	1.49
EV/Net Sales(x)	0.14	0.13	0.19	0.21	0.33	0.43	0.26	0.1	0.25	0.32	0.36
EV/Core EBITDA(x)	3.33	2.11	3.24	3.34	5.09	6.87	4.83	1.91	5.26	6.91	8.47
Net Sales Growth(%)	4.73	0.6	-10.28	-4.23	4.82	59.23	24.87	-13.2	12.63	56.12	13.06
EBIT Growth(%)	13.09	61.58	-33.73	21.67	12.86	72.18	12.21	-26.19	10.05	63.36	4.63
PAT Growth(%)	12.79	-9.48	-30.04	68.55	32.38	59.61	16.24	-23.91	23.52	60.29	-5.58
EPS Growth(%)	12.79	-9.48	-30.04	68.55	32.38	59.61	16.24	-23.92	23.52	60.29	-8.33
Debt/Equity(x)	0.47	0.26	0.2	0.14	0.18	0.14	0.11	0.11	0.07	0.06	0.04
Current Ratio(x)	1.29	1.45	1.63	1.68	1.7	1.52	1.54	1.74	1.47	1.52	1.74
Quick Ratio(x)	0.97	1.09	1.05	1.05	1.12	1.15	1.13	1.3	1.11	1.09	1.24
Interest Cover(x)	5.71	1.97	2.18	3.39	4.61	4.82	4.66	3.19	4.38	4.38	3.47
Total Debt/Mcap(x)	1.16	0.55	0.26	0.17	0.14	0.05	0.06	0.2	0.05	0.03	0.01

Precision Wire India Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	59.67	59.67	59.67	59.67	59.67	59.67	57.93	57.93	57.93	57.93
FII	0.58	0.84	0.8	0.7	0.73	0.61	0.47	0.11	0.02	0.14
DII	0	0	0	0.04	0.07	0	0	0	0	0
Public	39.75	39.49	39.53	39.58	39.54	39.72	41.6	41.95	42.05	41.93
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	6.9	6.9	6.9	6.9	10.35	10.35	10.35	10.35	10.35	10.35
FII	0.07	0.1	0.09	0.08	0.13	0.11	0.08	0.02	0	0.02
DII	0	0	0	0.01	0.01	0	0	0	0	0
Public	4.6	4.57	4.57	4.58	6.86	6.89	7.43	7.5	7.51	7.49
Others	0	0	0	0	0	0	0	0	0	0
Total	11.56	11.56	11.56	11.56	17.35	17.35	17.87	17.87	17.87	17.87

Pros

Debtor days have improved from 66.37 to 58.96days.
Company is almost debt free.

Cons

Stock is trading at 4.8 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Precision Wire India News

IPO

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Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Precision Wire India

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Precision Wire India Research see more...

Overview Inc. Year: 1989Industry: Cable

Precision Wire India Share Price

Alert Data

Quarterly Price

Peer Comparison

Precision Wire India Quarterly Results

Precision Wire India Profit & Loss

Growth Rates

Precision Wire India Balance Sheet

Precision Wire India Cash Flow

Precision Wire India Ratios

Precision Wire India Shareholding Pattern

Precision Wire India News

IPO

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