PRECAMNSEPrecision Camshafts LimitedMediumNeutral
Announced Mon, 9 Mar · 11:38 IST

Precision Camshafts Limited has informed the Exchange about Transcript

Order Pipeline DisclosedPromoter Disclosed Acquisition PlansInvestor Communications 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 stand-alone revenue of INR 153 crores (up 2.2% QoQ) with EBITDA margin of 14% and PAT of INR 9.58 crores, rebounding from a INR 42 crore deficit in the previous quarter. Consolidated revenue was INR 188 crores (down 9% QoQ) with EBITDA margin of 12.5%. Management disclosed new order wins worth roughly INR 1,500 crores in cumulative lifetime business potential from Maruti Suzuki, Hyundai India, Mahindra, Tata Motors, Renault Nissan, Uzbekistan Auto, plus extensions from Toyota and GM Brazil, extending the order book visibility to 2032. The company is investing INR 120 crores in a new Solapur facility and has expanded solar capacity to 29 MW. Subsidiary MEMCO posted a small loss but remains stable with a target of INR 100 crores revenue in 2 years, while Dutch e-mobility arm EMOSS reported a small loss and the India Tata Ace EV conversion has been slowed down due to regulatory hurdles.

Likely market impact

Strong order book disclosure of INR 1,500 crores in cumulative new business and visibility extending to 2032 is positive for revenue growth. However, near-term margin concerns remain with consolidated revenue down 9% QoQ and ongoing losses in EV subsidiaries, though the bottom-line recovery from last quarter's deficit is encouraging for shareholders.