Precision Wires India FY26 Net Profit Surges 72% to ₹15,527 Lakh; Q4 EBITDA Rises to ₹851M

2 min read     Updated on 23 May 2026, 03:12 PM
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Precision Wires India reported a 72.4% surge in FY26 net profit to ₹15,526.80 lakh, with full-year revenue from operations rising to ₹5,41,018.05 lakh. Q4 EBITDA improved to ₹851 million from ₹506 million YoY, with EBITDA margin expanding to 4.9%. The board declared a final dividend of ₹0.55 per share and approved key funding and corporate governance actions.

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Precision Wires India has reported its audited financial results for the quarter and year ended March 31, 2026. The company recorded a significant rise in profitability, with net profit for the full year increasing by 72.4% to ₹15,526.80 lakh from ₹9,004.01 lakh in the previous year. Revenue from operations grew to ₹5,41,018.05 lakh for FY26, up from ₹4,01,483.14 lakh in FY25.

For the quarter ended March 31, 2026, the company posted a net profit of ₹5,487.41 lakh, a substantial increase from ₹2,958.40 lakh in the same quarter of the previous year. Revenue from operations for the quarter stood at ₹1,74,345.71 lakh, compared to ₹1,04,582.75 lakh in the corresponding period last year. Total revenue for the quarter was ₹1,76,285.04 lakh.

Financial Performance

The board of directors approved the audited financial results along with the report of the statutory auditor. The company's earnings per share (EPS) for the year improved to ₹8.58 from ₹5.04 in the previous year. For the quarter, basic EPS was reported at ₹3.03. The following table summarises the full-year performance:

Metric: Year Ended 31.03.2026 (₹ in Lakhs) Year Ended 31.03.2025 (₹ in Lakhs) Change
Revenue from Operations: 5,41,018.05 4,01,483.14 Increase
Total Revenue: 5,46,343.14 4,03,562.07 Increase
Net Profit: 15,526.80 9,004.01 Increase
Basic EPS (₹): 8.58 5.04 Increase

Q4 EBITDA and Margins

Precision Wires India also reported improved operational profitability for the quarter. Q4 EBITDA rose to ₹851 million from ₹506 million in the same quarter of the previous year, reflecting stronger operational efficiency. The EBITDA margin for the quarter improved marginally to 4.9% from 4.8% year-on-year. The key quarterly metrics are summarised below:

Metric: Q4 FY26 Q4 FY25 Change (YoY)
Net Profit: ₹549M ₹296M Increase
Revenue: ₹17.43B ₹10.46B Increase
EBITDA: ₹851M ₹506M Increase
EBITDA Margin: 4.90% 4.80% +10 bps

Dividend and Appointments

The board has declared a final dividend of 55%, or ₹0.55 per share, on the fully paid equity shares of ₹1 each. This dividend is payable to members within 30 days of approval at the ensuing Annual General Meeting. The company had previously paid two interim dividends of ₹0.35 each, aggregating to 70%.

In addition to the financial results, the board approved the re-appointment of M/s Kailash Chand Jain & Co. as Internal Auditors and M/s Gangan & Co. as the Cost Auditor for the financial year 2026-27. Mrs. Krina Parekh has been re-appointed as the Chief Financial Officer of the company effective from the ensuing 37th Annual General Meeting.

Corporate Actions and Funding

The board also sanctioned several key corporate actions, including an unsecured working capital facility of up to ₹190 crore from RBL Limited. Furthermore, Axis Bank Limited was inducted as a fourth secured lender for a secured working capital facility of ₹350 crore. Amendments to the Main Objects clause of the Memorandum of Association and Clause 12(a) of the Articles of Association were also approved to align with regulatory requirements.

Historical Stock Returns for Precision Wires India

1 Day5 Days1 Month6 Months1 Year5 Years
+4.20%+10.35%+7.29%+62.73%+140.33%+1,434.18%

How might Precision Wires India deploy the combined ₹540 crore working capital facilities from RBL and Axis Bank to sustain its revenue growth trajectory into FY27?

Given the EBITDA margin remains thin at 4.9%, what operational levers or product mix shifts could the company pursue to meaningfully expand margins beyond 5% in the near term?

How could the amendments to the Memorandum of Association's Main Objects clause signal a potential diversification or expansion of Precision Wires India's business beyond its current product portfolio?

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Precision Wires India Limited Submits SEBI Compliance Certificate for Quarter Ended March 31, 2026

1 min read     Updated on 15 Apr 2026, 06:26 PM
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Precision Wires India Limited filed its confirmation certificate under SEBI Regulation 74(5) for Q4 FY26 on April 13, 2026, with both BSE and NSE. The certificate, supported by registrar MUFG Intime India Private Limited's confirmation dated April 3, 2026, verifies proper handling of dematerialized securities and compliance with prescribed timelines during the quarter ended March 31, 2026.

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Precision wires india Limited has submitted its quarterly confirmation certificate under SEBI (Depositories and Participants) Regulations, 2018 to stock exchanges, demonstrating compliance with regulatory requirements for the quarter ended March 31, 2026.

Regulatory Filing Details

The company filed the confirmation certificate under Regulation 74(5) of SEBI Depositories Regulations on April 13, 2026, addressing both major stock exchanges where its shares are listed.

Exchange Details: Information
BSE Company Code: 523539
NSE Symbol: PRECWIRE
Filing Date: April 13, 2026
Quarter Covered: January 1, 2026 to March 31, 2026

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's registrar and share transfer agent. The registrar provided the underlying confirmation certificate dated April 3, 2026, which forms the basis of Precision Wires India's regulatory submission.

The registrar confirmed that securities received from depository participants for dematerialization during the quarter were properly processed and confirmed to the depositories within prescribed timelines. All security certificates received for dematerialization were verified, mutilated, and cancelled following due verification procedures.

Compliance Verification

The certificate confirms several key compliance aspects:

  • Securities received for dematerialization were properly accepted or rejected
  • All securities comprised in the certificates have been listed on relevant stock exchanges
  • Security certificates were mutilated and cancelled after proper verification
  • Depository names were substituted in the register of members as registered owners
  • All procedures were completed within prescribed regulatory timelines

Corporate Information

Precision Wires India Limited operates from its registered office at Saiman House, J.A. Raul Street, Off Sayani Road, Prabhadevi, Mumbai, with manufacturing works located in Silvassa. The company secretary and compliance officer, Deepika Pandey, signed the regulatory submission, ensuring proper corporate governance procedures were followed.

This quarterly filing represents part of the company's ongoing regulatory compliance obligations under SEBI depositories regulations, maintaining transparency in securities handling and dematerialization processes.

Historical Stock Returns for Precision Wires India

1 Day5 Days1 Month6 Months1 Year5 Years
+4.20%+10.35%+7.29%+62.73%+140.33%+1,434.18%

How might the upcoming Q1 FY2027 earnings report reflect on Precision Wires India's operational performance following this compliance filing?

Will the company's consistent regulatory compliance help attract more institutional investors in the wire manufacturing sector?

Could Precision Wires India be planning any capacity expansion at its Silvassa facility given its strong governance framework?

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1 Year Returns:+140.33%