Precision Wires India Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
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Precision Wires India reported strong FY25 results with revenue from operations rising 21.6% to Rs. 4,01,483 lakhs (vs Rs. 3,30,169 lakhs in FY24). Profit after tax grew 23.6% to Rs. 9,004 lakhs, with EPS improving to Rs. 5.04 from Rs. 4.08. The company declared a final dividend of 50% (Rs. 0.50/share) on top of two interim dividends already paid. The Board approved a Rs. 125 crore term loan from HDFC Bank and proposed raising the borrowing limit from Rs. 1,500 crore to Rs. 2,500 crore. A preferential allotment of 13.83 lakh equity shares and 27.67 lakh convertible warrants at Rs. 151 each to non-promoter investors was also approved. The auditor issued an unmodified opinion on the results.
Strong topline and bottomline growth, capacity expansion to ~61,000 MT/year, and a fresh equity infusion signal confidence and growth momentum. Existing shareholders may see mild dilution from the preferential issue but benefit from rising capacity and continued dividends.