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Precision Wire India share price

Precision Wires India Ltd.

NSE: PRECWIRE BSE: 523539 SECTOR: Cable  87k   379   39

128.85
-5.20 (-3.88%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 134.1

Today's Low

₹ 127.75

52 Week High

₹ 155.55

52 Week Low

₹ 62.46

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

2301.99 Cr.

Enterprise Value

2238.91 Cr.

No. of Shares

17.87 Cr.

P/E

36.08

P/B

4.65

Face Value

₹ 1

Div. Yield

0.75 %

Book Value (TTM)

₹  27.7

CASH

79.25 Cr.

DEBT

16.17 Cr.

Promoter Holding

57.93 %

EPS (TTM)

₹  3.57

Sales Growth

13.06%

ROE

14.6 %

ROCE

26.75%

Profit Growth

-5.58 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year13.06%
3 Year25.74%
5 Year16.6%

Profit Growth

1 Year-1.64%
3 Year25.35%
5 Year11.38%

ROE%

1 Year14.6%
3 Year15.41%
5 Year14.9%

ROCE %

1 Year26.75%
3 Year25.78%
5 Year25.24%

Debt/Equity

0.0359

Price to Cash Flow

30.03

Interest Cover Ratio

3.47013650839958

CFO/PAT (5 Yr. Avg.)

1.22224614646307

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 57.93 0
Sep 2023 57.93 0
Jun 2023 57.93 0
Mar 2023 59.67 0
Dec 2022 59.67 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 23.1881098413524% for the Past 3 years.
  • The company has shown a good revenue growth of 25.742915053062% for the Past 3 years.
  • Company has been maintaining healthy ROCE of 25.7782820096748% over the past 3 years.
  • Company is virtually debt free.
  • The company has an efficient Cash Conversion Cycle of 9.7536860428775 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.22224614646307.
  • The company has a high promoter holding of 57.93%.

 Limitations

  • The company has a low EBITDA margin of 3.70636283290824% over the past 5 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 703.67 799.6 802.74 829.44 804.83
Total Expenditure 670.99 768.57 766.48 794.26 766.17
Operating Profit 32.68 31.03 36.26 35.18 38.66
Other Income 0 0 0 0 0
Interest 8.04 9.47 10.03 8.66 9.24
Depreciation 3.63 3.53 4.04 4.22 4.47
Exceptional Items 0 0 0 0 0
Profit Before Tax 21.01 18.03 22.19 22.3 24.95
Tax 5.88 5.17 5.65 5.95 6.91
Profit After Tax 15.14 12.87 16.55 16.35 18.05
Adjusted EPS (Rs) 0.87 0.72 0.93 0.92 1.01

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 1757.89 1525.81 1718.6 2683.14 3033.58
Total Expenditure 1665.02 1453.12 1640.79 2565.81 2927.11
Operating Profit 92.87 72.69 77.81 117.33 106.47
Other Income 1.65 4.12 5.13 6.98 21.89
Interest 17.12 19.03 15.26 24.9 32.91
Depreciation 12.79 16.1 16.13 15.17 14.17
Exceptional Items 0 0 0 0 0
Profit Before Tax 64.62 41.68 51.55 84.24 81.28
Tax 22.79 9.85 12.24 21.23 21.79
Net Profit 41.47 31.32 40.18 62.71 61.68
Adjusted EPS (Rs.) 2.41 1.83 2.27 3.63 3.33

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 11.56 11.56 11.56 11.56 17.87
Total Reserves 253.87 271.24 304.49 353.32 432.44
Borrowings 16.48 11.98 7.48 2.98 13.18
Other N/C liabilities 6.33 5.94 5.65 5.09 6.76
Current liabilities 301.54 243.25 456.69 505.82 457.99
Total Liabilities 589.78 543.99 785.88 878.78 928.24
Assets
Net Block 112.89 115.42 109.81 99.5 115.99
Capital WIP 10.38 3.91 1.62 5.66 10.27
Intangible WIP 0 0 0 0 0
Investments 1.48 1.48 2.33 2.6 5.46
Loans & Advances 1.41 0.4 0.39 0.39 0.43
Other N/C Assets 0 0 0 0 0
Current Assets 463.62 422.78 671.74 770.64 796.1
Total Assets 589.78 543.99 785.88 878.78 928.24
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 64.62 41.68 51.55 84.24 81.28
Adjustment 29.8 36.3 31.74 43.21 45.82
Changes in Assets & Liabilities -12.7 -17.15 -13.43 -65.87 -32.14
Tax Paid -22.85 -12.5 -8.49 -19 -18.3
Operating Cash Flow 58.87 48.32 61.37 42.57 76.66
Investing Cash Flow -46.71 -12.96 -35.43 7.77 -28.2
Financing Cash Flow -39.5 -31.12 -30.88 -37.86 -15.24
Net Cash Flow -27.34 4.25 -4.94 12.48 33.23

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 59.67 59.67 57.93 57.93 57.93
aanchal nirbhay mehta 0.22 0.22 0.21 0.21 0.21
deepak m mehta 7.95 7.95 7.72 7.72 7.72
deepak m mehta huf 1.32 1.32 1.29 1.29 1.29
galvawire agencies privat... 15.00 15.00 14.56 14.56 14.56
gira milan mehta 9.29 9.29 9.02 9.02 9.02
mahendra ratilal mehta 3.82 3.82 3.70 3.70 3.70
milan m mehta 8.72 8.72 8.46 8.46 8.46
milan m mehta huf 2.42 2.42 2.35 2.35 2.35
nirbhay deepak mehta 7.57 7.57 7.34 7.34 7.34
sujata d mehta 3.37 3.37 3.27 3.27 3.27
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 40.33 40.33 42.07 42.07 42.07
four dimensions securitie... - - 1.46 1.46 1.46
kcp sugar and industries ... 1.54 1.55 1.51 1.51 1.51
llp 0.49 0.50 0.49 0.47 0.56
singularity holdings limi... - - 1.46 1.46 1.46
vinod sethi 1.34 1.34 1.30 1.31 1.31
investor education and pr... - - - 0.85 -
investor education and pr... 0.82 0.86 0.85 - -

Annual Reports

Ratings & Research Reports

Company Presentations

Currently we do not have any Presentation and Concall related to this company.Report us

Company News

Precision Wire India - Quaterly Results8 Feb 2024, 1:48PM Precision Wire India - Quaterly Results8 Feb 2024, 1:48PM Precision Wires India informs about confirmation certificate18 Jan 2024, 2:58PM Precision Wires India informs about update regarding company’s website 16 Jan 2024, 12:48PM Precision Wires India informs about newspaper publication9 Nov 2023, 4:43PM Precision Wire India - Quaterly Results8 Nov 2023, 1:15PM Precision Wire India - Quaterly Results8 Nov 2023, 1:15PM Precision Wires India informs about compliance certificate16 Oct 2023, 12:41PM Precision Wires India informs about loss of share certificate28 Aug 2023, 11:56AM Precision Wire India - Quaterly Results10 Aug 2023, 1:25PM Precision Wire India - Quaterly Results10 Aug 2023, 1:25PM Precision Wire India - Quaterly Results10 Aug 2023, 1:25PM Precision Wires India informs about details of loss of certificate27 Jul 2023, 12:37PM Precision Wires India informs about confirmation certificate 11 Jul 2023, 5:09PM Precision Wires India informs about details of loss of certificate17 Jun 2023, 12:11PM Precision Wires India informs about newspaper publication29 May 2023, 5:05PM Precision Wire India - Quaterly Results27 May 2023, 6:07PM Precision Wire India - Quaterly Results27 May 2023, 6:07PM Precision Wires India informs about loss of share certificate 26 May 2023, 2:27PM Precision Wires India informs about annual secretarial compliance report24 May 2023, 3:39PM Precision Wires India informs about resignation of director12 May 2023, 1:42PM Precision Wires India informs about issuance of duplicate share certificate21 Apr 2023, 11:55AM Precision Wires India informs about compliances-certificate13 Apr 2023, 3:54PM Precision Wires India informs about newspaper publication 20 Feb 2023, 4:51PM Precision Wires India informs about commencement of new depot16 Feb 2023, 12:42PM Precision Wire India - Quaterly Results11 Feb 2023, 1:01PM Precision Wire India - Quaterly Results11 Feb 2023, 1:01PM Precision Wire India - Quaterly Results11 Feb 2023, 1:01PM Precision Wires India informs about board meeting 7 Feb 2023, 12:42PM Precision Wires India informs about closure of trading window2 Jan 2023, 11:28AM Precision Wires India informs about allotment of bonus equity shares 24 Dec 2022, 2:45PM Precision Wires India informs about clarification19 Dec 2022, 4:32PM Precision Wires India informs about allotment of bonus equity shares17 Dec 2022, 12:50PM Precision Wires India informs about disclosures of related party transactions24 Nov 2022, 4:26PM Precision Wires India informs about newspaper publication 17 Nov 2022, 12:51PM Precision Wire India - Quaterly Results10 Nov 2022, 1:13PM Precision Wire India - Quaterly Results10 Nov 2022, 1:13PM Precision Wires India informs about certificate12 Oct 2022, 2:49PM Precision Wires India informs about outcome of board meeting10 Aug 2022, 4:53PM Precision Wire India - Quaterly Results10 Aug 2022, 12:54PM Precision Wire India - Quaterly Results10 Aug 2022, 12:54PM Precision Wires India informs about annual report1 Aug 2022, 4:49PM Precision Wires India informs about press release5 Jul 2022, 4:53PM Precision Wires India gets nod for capacity enhancement at Silvassa unit13 Jun 2022, 12:29PM Precision Wires India informs about disclosures of related party transactions7 Jun 2022, 3:01PM Precision Wire India - Quaterly Results27 May 2022, 1:20PM Precision Wire India - Quaterly Results27 May 2022, 1:20PM Precision Wires India informs about credit rating9 Feb 2022, 10:01AM Precision Wires India informs about newspaper publication8 Feb 2022, 4:00PM Precision Wire India - Quaterly Results7 Feb 2022, 1:14PM

Precision Wire India Stock Price Analysis and Quick Research Report. Is Precision Wire India an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a LOW P/E are undervalued (it depends on other factors too). Precision Wire India has a PE ratio of 35.8962871702974 which is high and comparatively overvalued .

  • Share Price: - The current share price of Precision Wire India is Rs 128.2. One can use valuation calculators of ticker to know if Precision Wire India share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Precision Wire India has ROA of 6.5846383820143 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Precision Wire India has a Current ratio of 1.73824834542861 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Precision Wire India has a ROE of 14.5961309633337 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Precision Wire India has a D/E ratio of 0.0359 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Precision Wire India has an Inventory turnover ratio of 16.3816770946984 which shows that the management is efficient in relation to its Inventory and working capital management.

  • Sales growth: - Precision Wire India has reported revenue growth of 13.0606704638311 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Precision Wire India for the current financial year is 3.50962686350437 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Precision Wire India is Rs 0.96 and the yield is 0.7425 %.

Last Updated on:
Brief about Precision Wire India

Precision Wires India Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

Precision Wires India Ltd. is a leading manufacturer of specialty wires and cables that cater to various industries such as automotive, telecommunications, electronics, and power distribution. With a strong presence in both domestic and international markets, the company has established itself as a reliable and trusted provider of high-quality products.

Share Price Analysis - Precision Wires India Ltd.

The share price of Precision Wires India Ltd. is a key factor for investors looking to analyze the company's performance. Our website provides a comprehensive analysis of the company's share price, allowing investors to track its movements over time. Our pre-built screening tools enable investors to conduct thorough research and analyze the share price trends to make informed investment decisions.

Balance Sheet Analysis - Precision Wires India Ltd.

A company's balance sheet provides crucial insights into its financial health and stability. At our website, investors can access Precision Wires India Ltd.'s balance sheet to evaluate its assets, liabilities, and shareholders' equity. With the help of our premium features, investors can perform fair value calculations using tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis.

Annual Report Analysis - Precision Wires India Ltd.

The annual report of Precision Wires India Ltd. is a valuable resource for long-term stock investors. It offers a comprehensive overview of the company's performance, strategies, and future outlook. Our website provides downloadable annual reports, allowing investors to delve deeper into the company's financial statements and analyze the factors influencing its growth and profitability.

Dividend Analysis - Precision Wires India Ltd.

Investors interested in dividend income rely on our website's analysis of Precision Wires India Ltd.'s dividend payouts. By examining the company's dividend history and trends, investors can assess its dividend-paying capacity and the stability of its returns. Our comprehensive dividend analysis empowers investors to make informed decisions regarding dividend portfolios.

Quarterly Result Analysis - Precision Wires India Ltd.

Staying updated with the quarterly results of Precision Wires India Ltd. is crucial for investors. Our website provides a detailed analysis of the company's quarterly results, including revenue, expenses, and profit margins. Investors can utilize our premium features to calculate fair value using various analytical tools and assess the company's financial performance on a periodic basis.

Stock Price Analysis - Precision Wires India Ltd.

Our website offers a comprehensive analysis of the stock price of Precision Wires India Ltd. Investors can track the stock's performance using our pre-built screening tools and access historical price data to identify trends and patterns. This enables investors to make informed decisions based on thorough stock price analysis.

Price Chart Analysis - Precision Wires India Ltd.

To complement the stock price analysis, our website provides price charts of Precision Wires India Ltd., allowing investors to visually assess the stock's performance. By examining price movements, chart patterns, and technical indicators, investors gain valuable insights into the stock's potential future direction, aiding in their investment decision-making process.

News Analysis - Precision Wires India Ltd.

Accessing the latest news related to Precision Wires India Ltd. is essential for investors to stay updated on market trends, regulatory changes, and other external factors that may impact the company. Our website offers a comprehensive news analysis section that provides real-time updates on the company, helping investors make well-informed investment decisions based on the latest information.

Concall Transcripts - Precision Wires India Ltd.

Any investor seeking in-depth information on Precision Wires India Ltd.'s financial performance and outlook should consider analyzing the company's con-call transcripts. These transcripts provide detailed insights into the management's discussions, strategies, and responses to queries from analysts. Our website provides downloadable con-call transcripts, enabling investors to access this valuable information easily.

Investor Presentations - Precision Wires India Ltd.

To gain a better understanding of Precision Wires India Ltd.'s growth strategies, competitive positioning, and future plans, investors can explore the company's investor presentations available on our website. These presentations provide valuable insights into the company's vision and operational strategies, empowering investors to assess its potential for long-term growth and profitability.

Promoters and Shareholders - Precision Wires India Ltd.

Understanding the key promoters and shareholders of Precision Wires India Ltd. is crucial for investors. Our website provides detailed information on the company's major shareholders, including institutional investors and promoters. Investors can analyze the shareholding patterns and ownership structure to gauge the confidence of these key stakeholders in the company's future prospects.

With precision, our website serves as a comprehensive resource for long-term stock investors seeking a thorough analysis of Precision Wires India Ltd. Our pre-built screening tools, downloadable reports, premium features, and extensive analysis of various aspects allow investors to make informed investment decisions based on a technical evaluation of the company's performance.

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