PRECAMNSEPrecision Camshafts LimitedHighNeutral
Announced Mon, 2 Mar · 14:59 IST

Precision Camshafts Limited has informed the Exchange regarding financial for Q3 having machine readable file.

Revenue DeclinePat NegativeExceptional ItemResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Precision Camshafts reported Q3 FY26 standalone revenue of ₹14,290 lakhs, broadly flat year-on-year, with standalone profit after tax of ₹958 lakhs (up from ₹536 lakhs in Q3 FY25). However, for the nine-month period (9M FY26), standalone revenue fell about 11.5% to ₹42,007 lakhs and standalone PAT turned negative at ₹(744) lakhs versus a profit of ₹4,172 lakhs in 9M FY25. Consolidated 9M FY26 revenue declined around 15% to ₹57,187 lakhs, but consolidated PAT tripled to ₹4,119 lakhs, boosted by a ₹935 lakh gain on de-consolidation of its German step-down subsidiary MFT Motoren und Fahrzeugtechnik GmbH, which filed for insolvency in September 2025. On a standalone basis, the company fully impaired its investment in and loans to MFT (totaling about ₹5,776 lakhs) and recognized a ₹329 lakh impact from India's new Labour Codes.

Likely market impact

Mixed for shareholders: consolidated numbers look healthier on the back of one-time de-consolidation gains, but the underlying standalone business is weakening, with revenue shrinking and bottom-line in the red over the nine-month period. The German subsidiary's liquidation removes a loss-making unit but also eliminates any future value from that business, and the large one-time impairments weigh on the standalone books.