Precision Camshafts Limited has announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, following the board meeting held on February 11, 2026. The company delivered a strong quarterly performance despite facing exceptional items during the period.

Q3FY26 Financial Performance

The company's standalone operations showed resilient performance with revenue from operations reaching ₹14,290.11 lakhs for the quarter ended December 31, 2025. The company reported a net profit of ₹957.92 lakhs for the quarter, demonstrating operational strength.

Nine Months Performance

For the nine months ended December 31, 2025, the company's standalone revenue from operations stood at ₹42,006.74 lakhs compared to ₹47,482.94 lakhs in the corresponding period of the previous year. The company reported a net loss of ₹744.24 lakhs for the nine-month period, primarily due to exceptional items.

Consolidated Results

On a consolidated basis, the company reported revenue from operations of ₹17,867.97 lakhs for Q3FY26 compared to ₹19,454.75 lakhs in Q3FY25. The consolidated net profit for the quarter was ₹920.84 lakhs, showing strong operational performance across the group.

Exceptional Items Impact

The company faced significant exceptional items during the period, including a statutory impact of new Labour Codes amounting to ₹328.87 lakhs and compensation received from customers of ₹151.68 lakhs. The net exceptional items impact was ₹177.19 lakhs for the quarter.

Regulatory Compliance and Audit

The financial results have been prepared in accordance with Indian Accounting Standard 34 and reviewed by the statutory auditors M S K A & Associates LLP, who issued an unmodified opinion. The results were approved by the Audit Committee and Board of Directors at their meeting held on February 11, 2026.

Company Operations

Precision Camshafts Limited operates in the manufacturing of auto components, particularly camshafts and related products. The company maintains manufacturing facilities in Solapur, Maharashtra, and has its corporate office in Pune. The company continues to focus on its core automotive components business as a single operating segment.

Precision Camshafts Limited has informed stakeholders about a structural change in its statutory auditing firm through an official announcement to stock exchanges on January 20, 2026. The company disclosed that its statutory auditors have undergone a business structure conversion that affects their official name and registration details.

Auditor Structure Conversion Details

The statutory auditing firm M S K A & Associates, Chartered Accountants, has converted from a partnership firm structure to a Limited Liability Partnership (LLP) under the provisions of the Limited Liability Partnership Act, 2008. Following this conversion, the firm now operates under the updated name M S K A & Associates LLP, Chartered Accountants, with the change taking effect from January 13, 2026.

Regulatory Compliance and Communication

Precision Camshafts Limited made this announcement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring proper disclosure to both National Stock Exchange of India Limited and BSE Limited. The company emphasized that while the firm's name and registration number have changed due to the LLP conversion, the auditing firm remains unchanged in all other operational and professional aspects.

Company Secretary and Compliance Officer Harshal J. Kher signed the official communication, which included the original intimation letter received from the statutory auditors. The auditing firm's communication, signed by Partner Yogesh Yewale, formally notified Precision Camshafts about the structural conversion and requested the company to inform stock exchanges accordingly.

Operational Continuity

The conversion to LLP structure represents a business reorganization that maintains continuity in the auditing relationship between Precision Camshafts Limited and its statutory auditors. The firm continues to operate from its registered office at Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai, with presence across multiple cities including Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, and Pune among others.

This structural change reflects the auditing firm's strategic decision to adopt the LLP framework, which provides certain operational and liability benefits while maintaining professional standards and regulatory compliance in chartered accountancy services.