Precision Camshafts Limited has informed the Exchange that Record date for the purpose of Dividend is 23-Jul-2026.
PRECAM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Precision Camshafts Limited reported standalone FY2026 revenue of Rs 6,120 crore (up 10.6% YoY) with profit after tax of Rs 207.73 crore (up 154.6% from Rs 81.62 crore). Consolidated revenue stood at Rs 8,653.62 crore with PAT of Rs 404.43 crore (down from Rs 512.45 crore in FY2025 due to subsidiary deconsolidation). Auditors issued unmodified opinions on both standalone and consolidated financials. Key highlight: the company's German step-down subsidiary MFT Motoren filed for insolvency in September 2025, resulting in full impairment of Rs 577.56 crore (entire investment and loan outstanding). Board recommended final dividend of Rs 1 per share (10%) subject to shareholder approval at AGM on July 30, 2026. Record date for dividend is July 23, 2026.
Strong standalone performance with 154% PAT growth driven by operational improvements. The MFT subsidiary insolvency is largely behind the company with full impairment recognized. Dividend payment provides shareholder returns. Investors should note consolidated PAT declined due to subsidiary exit.