Precision Wires India Ltd
Precision Wires India Ltd is engaged in manufacturing Enamelled Round and Rectangular Copper Winding Wires, Continuously Transposed Conductor, and Paper / Mica / Nomex Insulated Copper Conductor. The Company primarily supplies to the OEM sector and to various industries like power, auto, consumer durables, transformers, construction etc. It is the largest producer of Winding Wires in South Asia. [1][2][3]
- Market Cap ₹ 2,905 Cr.
- Current Price ₹ 163
- High / Low ₹ 174 / 86.9
- Stock P/E 39.9
- Book Value ₹ 28.4
- Dividend Yield 0.53 %
- ROCE %
- ROE 15.2 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 32.3%
Cons
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Non Ferrous Metals Industry: Mining / Minerals / Metals
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
976 | 982 | 881 | 843 | 884 | 1,408 | 1,758 | 1,526 | 1,719 | 2,683 | 3,055 | 3,321 | |
935 | 928 | 833 | 792 | 830 | 1,322 | 1,665 | 1,453 | 1,640 | 2,566 | 2,927 | 3,168 | |
Operating Profit | 40 | 54 | 47 | 52 | 54 | 85 | 93 | 73 | 79 | 117 | 128 | 153 |
OPM % | 4% | 5% | 5% | 6% | 6% | 6% | 5% | 5% | 5% | 4% | 4% | 5% |
1 | 5 | 3 | 2 | 3 | 2 | 1 | 4 | 4 | 7 | 0 | 0 | |
Interest | 5 | 24 | 14 | 11 | 9 | 15 | 17 | 19 | 15 | 25 | 33 | 37 |
Depreciation | 13 | 12 | 20 | 16 | 14 | 14 | 13 | 16 | 16 | 15 | 14 | 17 |
Profit before tax | 24 | 23 | 17 | 27 | 33 | 58 | 65 | 42 | 52 | 84 | 81 | 99 |
Tax % | 33% | 37% | 40% | 36% | 32% | 38% | 35% | 24% | 24% | 25% | 27% | 26% |
16 | 14 | 10 | 17 | 23 | 36 | 42 | 32 | 39 | 63 | 59 | 73 | |
EPS in Rs | 0.92 | 0.83 | 0.58 | 0.98 | 1.30 | 2.07 | 2.41 | 1.83 | 2.27 | 3.63 | 3.33 | 4.08 |
Dividend Payout % | 29% | 80% | 63% | 44% | 36% | 29% | 25% | 18% | 29% | 50% | 29% | 18% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 14% |
3 Years: | 25% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | 18% |
5 Years: | 12% |
3 Years: | 23% |
TTM: | 22% |
Stock Price CAGR | |
---|---|
10 Years: | 34% |
5 Years: | 46% |
3 Years: | 74% |
1 Year: | 84% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 15% |
3 Years: | 16% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 18 | 18 |
Reserves | 191 | 192 | 175 | 183 | 201 | 225 | 254 | 271 | 304 | 353 | 432 | 489 |
96 | 53 | 38 | 28 | 38 | 33 | 30 | 31 | 22 | 22 | 16 | 99 | |
233 | 179 | 133 | 134 | 152 | 259 | 295 | 230 | 448 | 491 | 462 | 457 | |
Total Liabilities | 531 | 435 | 358 | 357 | 403 | 529 | 590 | 544 | 786 | 879 | 928 | 1,062 |
134 | 127 | 87 | 80 | 82 | 79 | 113 | 115 | 110 | 100 | 116 | 139 | |
CWIP | 3 | 3 | 3 | 12 | 5 | 10 | 10 | 4 | 2 | 6 | 10 | 19 |
Investments | 20 | 0 | 0 | 2 | 1 | 1 | 1 | 1 | 28 | 9 | 5 | 52 |
374 | 306 | 268 | 263 | 315 | 438 | 465 | 423 | 646 | 764 | 797 | 851 | |
Total Assets | 531 | 435 | 358 | 357 | 403 | 529 | 590 | 544 | 786 | 879 | 928 | 1,062 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
27 | 6 | 32 | 45 | 13 | 95 | 59 | 48 | 61 | 43 | 77 | 60 | |
-31 | 37 | -5 | -19 | -9 | -17 | -47 | -13 | -35 | 8 | 10 | -94 | |
17 | -57 | -36 | -27 | -6 | -31 | -40 | -31 | -31 | -38 | -53 | 28 | |
Net Cash Flow | 13 | -13 | -8 | -1 | -2 | 46 | -27 | 4 | -5 | 12 | 33 | -6 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 72 | 69 | 57 | 58 | 75 | 66 | 61 | 64 | 93 | 65 | 55 | 46 |
Inventory Days | 41 | 32 | 46 | 50 | 53 | 32 | 29 | 29 | 39 | 33 | 30 | 35 |
Days Payable | 75 | 60 | 52 | 55 | 61 | 71 | 62 | 55 | 100 | 70 | 57 | 51 |
Cash Conversion Cycle | 39 | 41 | 51 | 53 | 66 | 27 | 28 | 38 | 33 | 28 | 28 | 30 |
Working Capital Days | 42 | 43 | 50 | 50 | 63 | 32 | 29 | 38 | 36 | 32 | 31 | 41 |
ROCE % | 10% | 17% | 13% | 17% | 18% | 28% | 29% | 20% | 20% | 30% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 27 Jun
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 24 Jun
- Closure of Trading Window 24 Jun
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 31 May
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Compliances-Reg.24(A)-Annual Secretarial Compliance
24 May - Secretarial Compliance Report for the year ended 31st March, 2024
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
from nse
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Financial Year 2011
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Financial Year 2010
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Business Profile
PWIL is a leading player in the organized copper winding wires market in India. Company is in the business of converting copper into winding wires. These winding wires are a basic component in the supply chain of manufacturing of electrical goods. [1]