Precision Camshafts Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, disclosing key environmental and governance metrics. The company reported that renewable energy constituted 44% of its total electricity consumption during the year, surpassing its target for 2030. Additionally, the entity achieved zero violations of compliance for three consecutive years, reinforcing its commitment to regulatory adherence and operational integrity.

The filing, made pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details the company's performance across environmental, social, and governance parameters. The report covers standalone operations for the period from April 1, 2025, to March 31, 2026. TUV SUD South Asia provided limited assurance for the essential indicators disclosed in the report.

Operational and Financial Overview

precision camshafts operates manufacturing facilities in Solapur and a corporate office in Pune, employing 713 permanent employees and 470 permanent workers. The company derives 100% of its turnover from the manufacturing of metal and metal products, specifically camshafts for the automotive industry. Exports contributed 35% to the total turnover, with markets spanning 17 countries.

The company’s paid-up capital stood at ₹94.98 crore. It listed its shares on BSE Limited and National Stock Exchange of India Limited. The report identifies health and safety, customer satisfaction, and climate change as material issues, with strategies in place to mitigate associated risks.

Environmental Performance

The company reported a total energy consumption of 3,20,375.48 GJ for FY 2025-26, comprising 76,487.74 GJ from renewable sources and 2,43,887.74 GJ from non-renewable sources. Energy intensity per rupee of turnover was recorded at 5.54. Water consumption totaled 81,988.42 kilolitres, an increase from the previous year attributed to the installation of additional induction hardening machines and expansion of green cover.

Greenhouse gas emissions included 4,705.42 metric tonnes of CO2 equivalent for Scope 1 and 33,845.67 metric tonnes for Scope 2. The company has implemented a Zero Liquid Discharge (ZLD) mechanism across its manufacturing operations. Total waste generated amounted to 15.47 metric tonnes, with 6.2 metric tonnes recycled and 7.546 metric tonnes sent to landfill.

Key Environmental Metrics

Social and Governance Disclosures

The company maintained 100% health and accident insurance coverage for all permanent employees and workers. Women constituted 44% of the Board of Directors, though there was no female representation among Key Managerial Personnel. The Lost Time Injury Frequency Rate (LTIFR) was 0.385 for employees and 0.679 for workers. No complaints were reported regarding sexual harassment, discrimination, or child labour during the year.

On the governance front, the company reported no fines, penalties, or settlements for the financial year. It confirmed that all manufacturing units are certified for ISO 9001, ISO 14001, and ISO 45001. The report also notes that the company did not conduct a Life Cycle Assessment (LCA) for its products but accounts for its organization-wide carbon footprint annually.

Precision Camshafts Limited reported a net profit of ₹13.2 crore for the quarter ended March 31, 2026 (Q4 FY26), a growth of approximately 38% compared to ₹9.5 crore in the previous quarter. The company attributed this improvement to higher revenues and better operating performance, despite an increase in raw material costs. For the full year FY26, the company reported a profit of ₹5.78 crore, which included an exceptional charge of ₹48.8 crore related to the impairment of investment in its step-down subsidiary, MFT, currently undergoing insolvency proceedings in Germany.

The standalone business grew by 6.5% quarter-on-quarter to ₹162 crore, with EBITDA margins at 15% and PAT margins at 8%. Consolidated revenue increased by 9% quarter-on-quarter to ₹205 crore, with EBITDA at ₹30 crore (15% margin) and a PAT margin of 4.9%. The company secured new business awards from leading OEMs, including Maruti Suzuki, Hyundai, and Mahindra & Mahindra, representing a cumulative lifetime revenue of approximately ₹1,500 crore.

Financial Performance – Standalone Q4 FY26

Financial Performance – Consolidated Q4 FY26

Operational Metrics and Expansion

The company reported a total camshaft volume of 2.21 million units in Q4 FY26. Machine camshafts volume increased to 0.66 million units, while camshaft casting volumes decreased to 1.55 million units. The contribution of machine camshafts to total volume rose to 30% from 26% in the previous quarter. To support growth, Precision Camshafts plans to invest over ₹100 crore in foundry and machine shop capacity expansion over the next three years, expecting incremental revenues of more than 2x the capex incurred.

The new Solapur manufacturing facility is expected to commence production in Q1 FY27, with a total capacity of 10 lines or approximately 200,000 machined camshafts per month. Current capacity utilization stands at over 80% in the foundry and 90% in the machine shop. The company also commissioned the second phase of its solar power project, taking total capacity to 29 megawatts, expected to generate annual savings of approximately ₹24 crore.

E-Mobility and Subsidiary Updates

Subsidiary MEMCO reported a revenue of ₹14 crore during Q4 FY26. The e-mobility subsidiary, EMOSS in the Netherlands, reported revenue of ₹29.47 crore compared to ₹23.9 crore in the previous quarter. In India, the company successfully developed an electric Heavy Commercial Vehicle (e-HCV) platform and delivered the first vehicle to a customer. Certification and homologation are expected to be completed during the current financial year, with commercial deployment planned from April next year. The company has an MOU for an annualized revenue of ₹60 crore to ₹70 crore from one customer for this product.