Precision Wires India Ltd Stock Analysis

BSE: 523539 | NSE: PRECWIRE | Cable | Small Cap

BSE Share Price 22-Sep-2023 18:02
122.00 -0.35 (-0.29%)

DeciZen - Make an Informed Decision on Precision Wire India

Overall Rating

1. Quality

2. Valuation


3. Price Trend

Precision Wire India Price Chart

P/E Ratio ( SA) :
Market Cap :
2,185.9 Cr.
52-wk low :
52-wk high :
Bole Toh?

1. Is Precision Wires India Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Precision Wires India Ltd is a good quality company.

2. Is Precision Wires India Ltd undervalued or overvalued?

The key valuation ratios of Precision Wires India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Precision Wires India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Precision Wires India Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Precision Wire India:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Precision Wires India Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

ROCE % 10.5%8.6%11%12.2%18.3%19%14.3%14.8%21.5%17.3%-
Value Creation Index -0.3-0.4-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 9828818438841,4081,7581,5261,7192,6833,0343,011
YoY Gr. Rt. %--10.3%-4.2%4.8%59.2%24.9%-13.2%12.6%56.1%13.1%-
Adj EPS 0.70.611.
YoY Gr. Rt. %--15.1%54.8%33.3%67.2%12.6%-27.8%24.1%61.6%-18.3%-
BVPS (₹) 11.710.811.212.313.615.316.318.22125.226.1
Adj Net Profit 12.610.816.722.33741.830.337.460.650.959
Cash Flow from Ops. 632.244.713.19558.948.361.442.676.7-
Debt/CF from Ops.


CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 13.4%16.6%25.7%13.1%
Adj EPS 16.3%5.9%17.9%-18.3%
Share Price 42.8% 32.4% 101.4% 111.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Return on Equity %
Op. Profit Mgn %
Net Profit Mgn %
Debt to Equity
Working Cap Days 1009593977369818775710
Cash Conv. Cycle 273438422011201710130

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 25.74%

Net Profit is growing at healthy rate in last 3 years 17.88%

Return on Equity has declined versus last 3 years average to 12.90%

Sales growth is not so good in last 4 quarters at 1.32%

Latest Financials - Precision Wires India Ltd.

Standalone Consolidated
TTM EPS (₹) 3.3 1
TTM Sales (₹ Cr.) 3,011 843
BVPS (₹.) 26.1 0
Reserves (₹ Cr.) 449 183
P/BV 4.68 0.00
PE 36.92 128.12
From the Market
52 Week Low / High (₹) 53.33 / 127.00
All Time Low / High (₹) 0.52 / 127.00
Market Cap (₹ Cr.) 2,186
Equity (₹ Cr.) 17.9
Face Value (₹) 1
Industry PE 46.2

Management X-Ray of Precision Wire India :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Precision Wire India

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)


Precision Wires India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Precision Wire India on 22-Sep-2023 18:02 is : 122.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Sep-2023 18:02 the market cap of Precision Wire India stood at ₹ 2,185.9.
The latest PE ratio of Precision Wire India as of 22-Sep-2023 18:02 is 36.92.
The latest PB ratio of Precision Wire India as of 22-Sep-2023 18:02 is 4.68
The 52-week high of Precision Wire India is ₹ 127.0 and the 52-week low is ₹ 53.33.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Precision Wire India is ₹ 3,011 ( Cr.) .

About Precision Wires India Ltd

Precision Wires India Limited (PWIL) was set up in 1989 for the manufacture of Enamelled Copper Winding Wires. It was promoted by erstwhile Atlas Wires Limited (AWL), Mahendra Mehta, Deepak Mehta and Milan Mehta.

Precision Wires India Limited (PWIL) is the largest manufacturer of Enamelled Copper Winding Wires in India. Our products include Round wire, Rectangular wire, Continuously Transposed Cables and Paper Insulated Copper Conductors. These are widely used by the electrical and electronics industry across the globe. PWIL offers its customers a wide variety of wires and conductors, ranging from fine wire to conductors for large transformers.

The current installed capacity of the company is over 25,000 metric tonnes/annum. This capacity is further being increased with several expansion projects in the pipeline. PWIL has three manufacturing facilities located at Silvassa, Dadra Nagar Haveli and Palej, Gujarat

Rigorous quality measures and controls have ensured the popularity of PWIL’s wires. Precision Wires is an ISO 9001:2000 certified company. These quality controls have helped ensure that over the years, PWIL wires have been synonymous with the best in quality and durability

In recent years, PWIL has been increasingly targeting overseas markets. In the last fiscal year, exports accounted for over 15% of our sales volume.

Product range of the company includes:

  • Enamelled Round Winding Wires- PWIL today manufactures a wide range of Enamelled Round Winding Wires for use in electrical machines such as motors, generators, transformers, house hold appliances, auto-electricals, electrical hand tools, refrigeration (hermetic) motors, fans, switchgears, coils and relays, ballasts and etc.
  • Rectangular Winding Wires- Enamelled, taped and CTC

Achievements/ recognition:

  • IS, IEC, NEMA, JIS standards for winding wires
  • Their plants are certified for Quality Management System ISO 9001:2000/ISO TS 16949:2002
  • The company's several products are UL approved.   
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