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Precision Wires India Limited (IN:PRECWIRE)
:PRECWIRE
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Precision Wires India Limited
(PRECWIRE)
Rating:61Neutral
Price Target:
₹181.00
▲(6.07% Upside)
Precision Wires India Limited (PRECWIRE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹30.53B
Dividend Yield0.67%
Average Volume (3M)13.74K
Price to Earnings (P/E)32.2
Beta (1Y)1.61
Revenue Growth20.80%
EPS Growth20.82%
CountryIN
Employees678
SectorIndustrials
Sector Strength84
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)1.52
Shares Outstanding178,657,970
10 Day Avg. Volume14,091
30 Day Avg. Volume13,739
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹181.00Price Target Upside6.07% Upside
Rating ConsensusHold
Number of Analyst Covering1
Precision Wires India Limited Business Overview & Revenue Model
Company DescriptionPrecision Wires India Limited (PRECWIRE) is a prominent manufacturer of insulated copper wires and cables in India. The company specializes in the production of a wide range of copper winding wires, including enamelled round winding wires, continuously transposed conductors (CTC), and paper insulated copper conductors (PICC). These products cater to various industries, such as electrical, automotive, and telecommunications, enabling efficient energy transmission and reliable electrical performance.
How the Company Makes MoneyPrecision Wires India Limited generates revenue primarily through the manufacturing and sale of its copper wire products. The company's key revenue streams include the sale of enamelled round winding wires, continuously transposed conductors, and paper insulated copper conductors. These products are used extensively in the electrical and electronics sectors, automotive industries, and for power generation and distribution applications. The company also benefits from strategic partnerships and supply agreements with major industrial clients, which bolster its market position and drive sales. Fluctuations in copper prices and demand in the end-user markets can significantly impact the company's earnings.
Precision Wires India Limited Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 40.15B | 33.02B | 30.34B | 25.56B | 16.45B |
| Gross Profit | 3.14B | 1.64B | 1.36B | 923.98M | 874.07M |
| EBITDA | 1.66B | 1.54B | 1.28B | 1.20B | 829.35M |
| Net Income | 900.40M | 728.54M | 594.93M | 630.11M | 393.10M |
Balance Sheet | |||||
| Total Assets | 12.54B | 10.62B | 9.28B | 8.79B | 7.86B |
| Cash, Cash Equivalents and Short-Term Investments | 959.75M | 1.28B | 782.58M | 517.47M | 586.66M |
| Total Debt | 615.05M | 986.14M | 161.67M | 224.84M | 219.84M |
| Total Liabilities | 6.78B | 5.56B | 4.78B | 5.14B | 4.70B |
| Stockholders Equity | 5.76B | 5.06B | 4.50B | 3.65B | 3.16B |
Cash Flow | |||||
| Free Cash Flow | 651.84M | 104.14M | 413.12M | 320.19M | 521.85M |
| Operating Cash Flow | 1.68B | 602.73M | 766.61M | 425.75M | 613.70M |
| Investing Cash Flow | -988.87M | -941.62M | 100.03M | 77.67M | -354.30M |
| Financing Cash Flow | -1.03B | 283.80M | -534.38M | -378.63M | -308.76M |
Precision Wires India Limited Technical Analysis
Negative
170.65
Price Trends
183.40
Negative
165.00
Positive
165.91
Positive
Market Momentum
-3.17
Positive
35.13
Neutral
30.29
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PRECWIRE, the sentiment is Negative. The current price of 170.65 is below the 20-day moving average (MA) of 182.71, below the 50-day MA of 183.40, and above the 200-day MA of 165.91, indicating a neutral trend. The MACD of -3.17 indicates Positive momentum. The RSI at 35.13 is Neutral, neither overbought nor oversold. The STOCH value of 30.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:PRECWIRE.
Precision Wires India Limited Peers Comparison
Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ₹32.11B | 39.14 | 0.16% | 32.20% | 11.50% | ||
68 Neutral | ₹29.26B | 24.52 | ― | 3.07% | 21.34% | ||
68 Neutral | ₹35.85B | 27.92 | 0.16% | 41.14% | 22.18% | ||
66 Neutral | £2.67B | 13.00 | 3.30% | 3.25% | 2.35% | -22.12% | |
61 Neutral | ₹30.53B | 32.18 | 0.67% | 20.80% | 20.82% | ||
54 Neutral | ₹37.56B | 40.06 | 0.17% | 10.26% | 77.41% |
* Industrials Sector Average
Performance Comparison
IN:PRECWIRE
Precision Wires India Limited
170.65
23.82
16.22%
IN:HPL
HPL Electric & Power Limited
593.35
-11.50
-1.90%
IN:JASH
Jash Engineering Ltd.
519.25
65.84
14.52%
IN:PENIND
Pennar Industries Limited
223.20
57.75
34.90%
IN:PITTIENG
Pitti Engineering Ltd.
965.00
-337.28
-25.90%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.