Precision Wires India Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
PRECWIRE · price
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Precision Wires India reported strong annual results with total revenue of Rs. 5,46,343 lakhs for FY2026, up 35% from Rs. 4,03,562 lakhs in FY2025. Profit after tax grew even faster at 72% to Rs. 15,527 lakhs compared to Rs. 9,004 lakhs previously. 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, totaling Rs. 1.25 per share for the year. The board also approved significant working capital facilities of Rs. 190 crores from RBL Bank and Rs. 350 crores from Axis Bank. Capital work in progress increased sharply to Rs. 18,298 lakhs from Rs. 3,004 lakhs, indicating major expansion underway. The statutory auditor issued an unmodified (clean) opinion with no qualifications.
The results show robust growth with revenue and PAT both accelerating significantly. The clean audit opinion and substantial working capital approvals signal financial health. Investors may view the increased capital investments positively as they suggest capacity expansion, while the generous 125% dividend payout demonstrates confidence in cash generation.