Precision Wires India Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
PRECWIRE · price
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Precision Wires India reported Q1 FY26 revenue from operations of Rs 1,103.76 crores, up about 16% from Rs 952.15 crores in Q1 FY25. Profit after tax rose roughly 22% YoY to Rs 27.09 crores (from Rs 22.23 crores), translating to EPS of Rs 1.52 versus Rs 1.24. The company continued to see margin support as operating profit expanded faster than raw material costs. Alongside results, the board approved an additional Rs 33 crore project cost for copper rod capacity at Zaroli and Valvada, plus a new Rs 37 crore expansion and modernization project at Silvassa that will add around 4,400 MT per annum of capacity by Q4 FY27, lifting total installed capacity to roughly 65,400 MT per year. Finance costs, however, climbed sharply by about 53% YoY to Rs 16.71 crores, reflecting higher debt for ongoing expansion.
The double-digit revenue and profit growth, combined with new capacity announcements of about Rs 70 crores aimed at adding nearly 7% more annual capacity, signal a positive growth outlook for shareholders. The sharp jump in finance costs is a watch-item, as it could pressure earnings if the new capacity takes time to ramp up and contribute meaningfully to revenue.