Outcome of Board Meeting dated 31.03.2026
PRECWIRE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Precision Wires India reported strong full-year results for FY2026. Revenue from operations grew 34.76% to Rs. 5,41,018 Lakhs from Rs. 4,01,483 Lakhs in FY2025. PAT surged 72.43% to Rs. 15,527 Lakhs from Rs. 9,004 Lakhs, significantly outpering growth expectations. EPS improved to Rs. 8.58 from Rs. 5.04. The company declared a final dividend of Rs. 0.55 per share (55%), adding to two interim dividends of Rs. 0.35 each already paid. Statutory auditors issued an unmodified opinion with no qualifications. The board also approved working capital facilities: Rs. 190 Crores unsecured from RBL Limited and Rs. 350 Crores secured from Axis Bank. Borrowings increased significantly to Rs. 16,233 Lakhs from Rs. 3,867 Lakhs year-on-year.
The stock shows strong operational momentum with over 34% revenue growth and 72% PAT growth, which is positive for shareholders. However, the substantial increase in debt levels (up 319% YoY) for working capital needs warrants monitoring.