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Precision Wires India Ltd

PRECWIRE

Precision Wires India Ltd

PRECWIRE
IndustrialsElectrical Components & Equipments
SmallcapWith a market cap of ₹3,495 cr, stock is ranked 927
High RiskStock is 3.96x as volatile as Nifty
184.851.59% (-2.98)
184.851.59% (-2.98)

Price Chart

High
Low
Returns
1D
1W
1M
1Y
5Y
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SIP
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1D
1W
1M
1Y
5Y
Max
SIP
IndustrialsElectrical Components & Equipments
SmallcapWith a market cap of ₹3,495 cr, stock is ranked 927
High RiskStock is 3.96x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

IndustrialsElectrical Components & Equipments
SmallcapWith a market cap of ₹3,495 cr, stock is ranked 927
High RiskStock is 3.96x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
42.916.900.31%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
51.337.400.53%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Precision Wires India Limited is a manufacturer of winding wires of copper.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 13.55%, vs industry avg of 9.14%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 3.26% to 3.74%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 11.74%, vs industry avg of -3.04%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue845.10887.081,409.871,759.421,529.931,722.892,690.043,055.473,321.003,687.80
Raw Materialssubtract713.20748.411,251.201,558.351,364.101,583.232,482.132,794.873,044.213,518.40
Power & Fuel Costsubtract18.4520.1118.3624.3424.5923.6724.6132.9334.61
Employee Costsubtract17.4620.3822.7325.7627.2727.3034.3035.1040.61
Selling & Administrative Expensessubtract14.6824.9525.0727.7425.8624.6932.6243.3545.22
Operating & Other expensessubtract27.8116.375.1528.7011.31-18.80-7.9220.863.01
Depreciation/Amortizationsubtract15.7714.2914.0712.7916.1016.1315.1714.1717.4018.02
Interest & Other Itemssubtract11.129.2315.2017.1219.0315.1324.9032.9137.1341.36
Taxes & Other Itemssubtract9.5710.8022.1122.799.8612.2421.2321.7925.9528.56
EPS0.650.871.381.611.221.512.422.714.084.56
DPS0.290.310.400.400.220.441.200.960.601.05
Payout ratio0.440.360.290.250.180.290.500.350.150.23

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
IndustrialsElectrical Components & Equipments

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Precision Wires India Ltd47.976.900.31%
Polycab India Ltd62.7513.580.40%
Havells India Ltd84.3214.390.53%
Kaynes Technology India Ltd221.9416.35

Price Comparison

Compare PRECWIRE with any stock or ETF
Compare PRECWIRE with any stock or ETF
PRECWIRE
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding57.93%0.00%0.00%0.32%41.75%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep0.47%0.11%0.02%0.14%0.31%0.32%

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Trend In Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

PRECWIRE has shown inconsistent dividend trend over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.31%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.07 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateNov 19, 2024

Interim
Interim | Div/Share: ₹0.35

Dividend/Share

0.35

Ex DateEx Date

Nov 19, 2024

Cash Dividend

Ex DateEx DateSep 13, 2024

Final
Final | Div/Share: ₹0.45

Dividend/Share

0.45

Ex DateEx Date

Sep 13, 2024

Cash Dividend

Ex DateEx DateFeb 20, 2024

Interim 2
Interim 2 | Div/Share: ₹0.30

Dividend/Share

0.30

Ex DateEx Date

Feb 20, 2024

Cash Dividend

Ex DateEx DateNov 17, 2023

Interim
Interim | Div/Share: ₹0.30

Dividend/Share

0.30

Ex DateEx Date

Nov 17, 2023

Cash Dividend

Ex DateEx DateAug 28, 2023

Final
Final | Div/Share: ₹0.36

Dividend/Share

0.36

Ex DateEx Date

Aug 28, 2023

News & Opinions
Earnings
Precision Wires India standalone net profit rises 17.86% in the September 2024 quarter

Net profit of Precision Wires India rose 17.86% to Rs 19.27 crore in the quarter ended September 2024 as against Rs 16.35 crore during the previous quarter ended September 2023. Sales rose 25.75% to Rs 1037.75 crore in the quarter ended September 2024 as against Rs 825.28 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1037.75825.28 26 OPM %4.074.26 - PBDT30.2526.52 14 PBT25.8722.30 16 NP19.2716.35 18 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Board of Precision Wires India recommends interim dividend

Precision Wires India announced that the Board of Directors of the Company at its meeting held on 11 November 2024, inter alia, have recommended the interim dividend of Rs 0.35 per equity Share (i.e. 35%) , subject to the approval of the shareholders.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Precision Wires India declare Quarterly Result

Precision Wires India will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Precision Wires India schedules AGM

Precision Wires India announced that the 35th Annual General Meeting (AGM) of the company will be held on 20 September 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Earnings
Precision Wires India standalone net profit rises 34.32% in the June 2024 quarter

Net profit of Precision Wires India rose 34.32% to Rs 22.23 crore in the quarter ended June 2024 as against Rs 16.55 crore during the previous quarter ended June 2023. Sales rose 19.19% to Rs 952.15 crore in the quarter ended June 2024 as against Rs 798.87 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales952.15798.87 19 OPM %4.754.54 - PBDT34.3426.24 31 PBT29.8422.20 34 NP22.2316.55 34 Powered by Capital Market - Live

4 months agoCapital Market - Live

Stock market update: Stocks that hit 52-week highs on NSE in today’s trade

1 year agoEconomic Times
Precision Wires | Stock Recommendation, Fundamentals & Target By Sandeep Jain | Jain Saab Ke Gems
1 year agoZee Business

Precision Wires, RPP Infra Projects to consider preferential issues today; Supreme Petrochem to go ex-split

1 year agoBusiness Today

Stocks in news: Tata Motors, Bajaj Finserv, IDBI Bank, Precision Wires and more

1 year agoBusiness Today

Board of Precision Wires India approves preferential allotment of shares

1 year agoBusiness Standard