Sector Alpha Week of 2026-07-24
Sector Alpha — machine-written from the numbers · Data as of 2026-07-24

Precision Camshafts Ltd

PRECAM
Auto Ancillaries - Diversified

Precision Camshafts Ltd's earnings have outrun its stock. EPS grew −5.3% in a year against a −29.7% price move.

Biggest watch item: the P/E sits at the 70th percentile of its own range — the multiple has already done part of the work.

The price is in a downtrend (71 weeks in) while the P/E sits at the 70th percentile of its own 10-year range. Underneath, the last four quarters read improving — profit −75.0% year on year, and 272% of the last 3 years' profit arrived as cash. What settles it: the next one or two quarters of delivery.

Stage
Mixed
partial read
Price
₹142
−29.7% 1Y
P/E
53.4×
70th pctile
of its own 10-year range
Revenue (Mar 26)
₹201 Cr
+5.8% YoY
Profit (Mar 26)
₹10.0 Cr
−75.0% YoY
Operating margin
13.0%
flat YoY
ROCE
7%
FY26
ROIC
10.7%
vs WACC 12.0% → −1.3 pp
Cash conversion
272%
of profit, last 3 FY
Unverified figures: Some figures on this page come from a second financial-data feed that could not be cross-checked against the primary source — the two do not share enough overlapping reported history to compare. They are drawn, because they are the only evidence there is, and every section carrying one is marked unverified. PEG is the exception: the quarterly curve is not drawn at all. PEG asks what is being paid for growth — both sides of that division come from the source that could not be checked, so it is withheld instead of marked.
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Precision Camshafts Ltd trades at ₹142, in a downtrend and 71 weeks into that stage. That is −11.0% against its own 200-day average. It sits at 25% of a 52-week range of ₹113 to ₹228. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (6 weeks and counting).

Today the stock is in a downtrend — week 71 of stage 4, confirmed. At ₹142 it trades −11.0% versus its 200-day average and sits at 25% of its 52-week range (₹113–₹228).

Jul 26: ₹142 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 3-year window.
−11.0% versus the 200-day line, week 71 of stage 4
Price50-day avg200-day avg
S2S4S2S4₹386₹313₹240₹166₹93.3₹142₹159Jul 23Apr 24Jan 25Oct 25Jul 26
S2S4S2S4₹386₹313₹240₹166₹93.3₹142₹159Jul 23Jan 25Jul 26
Beating or trailing, week by week since 2016 Each cell is one week from 2016 to now (541 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Apr 16Jul 26

Against the market, two honest reads. Cumulative: over the last 10.3 years the stock moved −5% while the NIFTY 500 moved +266% — behind the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (6 weeks and counting; last ahead the week of 2026-06-19) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 70th percentile of its own range.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Precision Camshafts Ltd trades at 53.4× P/E, at the pricey end of its own range (70th percentile). Its long-run median P/E is 34.6×, measured across 10.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 53.4× is at the pricey end of its own range (70th percentile), against a long-run median of 34.6× measured over 10.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 53.4× vs a 34.6× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 10.4-year window; loss-period spikes above 104× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
at the pricey end of its own range (70th percentile)
P/EMedianEPS (TTM) (quarterly)
111.5×₹8.483.7×₹6.355.8×₹4.228.0×₹2.10.0×₹0.0×53.30×₹3Feb 16Sep 18Apr 21Feb 24Jul 26
111.5×₹8.483.7×₹6.355.8×₹4.228.0×₹2.10.0×₹0.0×53.30×₹3Feb 16Apr 21Jul 26
P/E
53.4×
70th percentile of 10y

Why the multiple sits where it does: over the past year annual EPS moved −5.3% against a −29.7% price move — earnings outran the price, pushing the multiple DOWN its own range.

The price move, decomposed: over 5y, of the +9.0%/yr price move, ~+30.0%/yr came from earnings growth and ~−21.0 pp from the multiple (compressing); over 10y, of the +0.8%/yr price move, ~−10.3%/yr came from earnings growth and ~+11.1 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.

Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.

A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources do not share enough overlapping reported history to be compared. A figure nobody could check is not used to price growth — the gap is a decision, not missing data.

→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.

03 · Stage: Mixed

Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Precision Camshafts Ltd reads as mixed on its fundamental arc. Mixed — revenue growth is lifting off its trough at −10.6% while profit growth is falling at −5.6% — the curves disagree, so the per-curve reads carry the story. The read is built from 8 quarters across 4 curves, on partial evidence.

Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. Base-effect spikes shown pinned (▲). A missing point means that reading is not held for the quarter.
the trajectory the stage is read from
RevenueProfitEPS
6.5%329%−1.1%223%−8.6%118%−16%12%−24%−94%%%−10.6%−5.6%−5.1%Jun 23Sep 24Mar 26
6.5%329%−1.1%223%−8.6%118%−16%12%−24%−94%%%−10.6%−5.6%−5.1%Jun 23Sep 24Mar 26
ROCE Annual readings — the quarterly balance-sheet pieces this curve needs are not held for this stock, so the returns read moves once a year and carries less weight in the call.
the return curve, annual readings
ROCE
8.2%7.6%7.0%6.4%5.8%%7%FY23FY24FY26
8.2%7.6%7.0%6.4%5.8%%7%FY23FY24FY26
Revenue growth
Recovering
latest −10.6% · span −21.7% to +4.4%
Profit growth
Falling
latest −5.6% · span −63.8% to +376.5%
EPS growth
Falling
latest −5.1% · span −64.9% to +383.1%
ROCE
Stuck low
latest 7.0% · span 6.0%–8.0%

Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.

Growth, year by year: revenue −10.6% in FY26, profit −5.6% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn. Turnaround-year spikes shown pinned (▲).
Revenue YoYProfit YoYEPS YoY
72%332%48%215%24%98%0.0%−19%−24%−136%%%−10.6%−5.6%FY16FY21FY26
72%332%48%215%24%98%0.0%−19%−24%−136%%%−10.6%−5.6%FY16FY21FY26
TTM growth by quarter Trailing-twelve-month growth versus the year-ago TTM, per quarter, %: revenue (left axis); profit and EPS (right axis). The acceleration read compares the last 4 quarters (−10.6%) with the last 8 annualized (−13.4%). Spikes shown pinned (▲).
revenue stabilising, profit rolling over
Revenue TTM YoYProfit TTM YoYEPS TTM YoY
6.5%329%−1.1%223%−8.6%118%−16%12%−24%−94%%%−10.6%−5.6%Jun 23Sep 24Mar 26
6.5%329%−1.1%223%−8.6%118%−16%12%−24%−94%%%−10.6%−5.6%Jun 23Sep 24Mar 26
Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue−10.6%−10.5%+1.7%+5.8%
Profit−5.6%+3.5%−3.0%
EPS−5.3%+3.5%+86.4%−2.9%
Share price−29.7%−13.5%+9.0%+0.8%
Revenue YoY (Mar 26)
+5.8%
latest quarter vs a year ago
Profit YoY (Mar 26)
−75.0%
latest quarter vs a year ago
Revenue 10y
5.8%
long-run compound pace

→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.

04 · 4-Factor Sector Score

4-Factor Sector Score

33.3/100 — rank 19 of 20 in Auto Ancillaries - Diversified · 77% evidence confidence

Precision Camshafts Ltd scores 33.3 out of 100 against the 20 companies it is compared with in Auto Ancillaries - Diversified, ranking 19. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

The four contributions add to the total exactly: 9.7 + 10.4 + 9.6 + 3.6 = 33.3. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

Precision Camshafts Ltd reported ₹201 Cr of revenue in the Mar 26 quarter, +5.8% year on year. Over 10 years it has compounded at 5.8% a year. The last full year, FY26, came in at ₹773 Cr. The last four reported quarters add to ₹773 Cr.

Precision Camshafts Ltd reported ₹201 Cr of revenue in the Mar 26 quarter, +5.8% year on year. Over 10 years it has compounded at 5.8% a year. The last full year, FY26, came in at ₹773 Cr. The last four reported quarters add to ₹773 Cr.

FY26 revenue came in at ₹773 Cr (−10.6% on the year), capping 10 years at 5.8% compound. The latest quarter (Mar 26) printed ₹201 Cr, +5.8% year on year.

FY26 revenue ₹773 Cr (−10.6% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
5.8% a year over 10 years
RevenueYoY growth
1.2k72%87548%58324%2920.0%0−24%₹ Cr%₹773−10.6%FY16FY21FY26
1.2k72%87548%58324%2920.0%0−24%₹ Cr%₹773−10.6%FY16FY21FY26
Mar 26: ₹201 Cr (+5.8% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Revenue (quarterly)YoY growth
28465%21341%14216%71−8.1%0−33%₹ Cr%₹2015.8%Jun 23Sep 24Mar 26
28465%21341%14216%71−8.1%0−33%₹ Cr%₹2015.8%Jun 23Sep 24Mar 26

Pace check: the last four quarters averaged −9.5% growth against the decade's 5.8% — the current year is running slower than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew −10.6% over the last 4 quarters against −13.4%/yr over the last 8 — stabilising; TTM profit −5.6% vs +14.4%/yr — rolling over.

→ Revenue grew — did margins hold as it scaled? Next: 13.0% this quarter (+0.0 pp YoY).

06 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Precision Camshafts Ltd's operating margin is 13.0% in the Mar 26 quarter, +0.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 9.0% to 27.0%. The current quarter sits inside that band.

Precision Camshafts Ltd's operating margin is 13.0% in the Mar 26 quarter, +0.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 9.0% to 27.0%. The current quarter sits inside that band.

The latest quarter's operating margin is 13.0%, +0.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 9.0%–27.0%.

🚨 Why the margin moved: operating margin went −0.4 pp year on year while gross margin went −8.5 pp — the loss came mostly from the gross line: input costs and pricing.

FY26: 9.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 13-year window.
within a 9.0–27.0% band over 13 years
operating marginYoY change (pp)
28%16%23%9.8%18%4.0%13%−1.8%7.6%−7.6%%%9%0%FY14FY20FY26
28%16%23%9.8%18%4.0%13%−1.8%7.6%−7.6%%%9%0%FY14FY20FY26
Mar 26: 13.0% operating margin (+0.0 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
14%6.0%11%2.5%8.5%−1.0%5.9%−4.5%3.3%−8.0%%%13%0%Jun 23Sep 24Mar 26
14%6.0%11%2.5%8.5%−1.0%5.9%−4.5%3.3%−8.0%%%13%0%Jun 23Sep 24Mar 26

→ Margins held — did that reach the bottom line? Next: profit −75.0% in the latest quarter.

07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Precision Camshafts Ltd earned ₹10.0 Cr of net profit in the Mar 26 quarter, −75.0% year on year. Full-year FY26 profit was ₹51.0 Cr. The 10-year compound rate is −3.0%. That is 5.0% of the quarter's revenue. The same quarter a year earlier earned ₹40.0 Cr. 1 of the last 12 reported quarters were loss-making.

Precision Camshafts Ltd earned ₹10.0 Cr of net profit in the Mar 26 quarter, −75.0% year on year. Full-year FY26 profit was ₹51.0 Cr. The 10-year compound rate is −3.0%. That is 5.0% of the quarter's revenue. The same quarter a year earlier earned ₹40.0 Cr. 1 of the last 12 reported quarters were loss-making.

Mar 26 profit was ₹10.0 Cr, −75.0% year on year. On the full year, FY26 printed ₹51.0 Cr (−5.6%), and the 10-year compound rate is −3.0%.

FY26 profit ₹51.0 Cr (−5.6% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
−3.0% a year over 10 years
Net profitYoY growth
75301%54193%3484%14−25%−7−134%₹ Cr%₹51−5.6%FY16FY21FY26
75301%54193%3484%14−25%−7−134%₹ Cr%₹51−5.6%FY16FY21FY26
Mar 26: ₹10.0 Cr (−75.0% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)YoY growth
441,342%30948%17554%4160%−10−234%₹ Cr%₹10−75%Jun 23Sep 24Mar 26
441,342%30948%17554%4160%−10−234%₹ Cr%₹10−75%Jun 23Sep 24Mar 26

🚨 Why profit moved: revenue contributed +5.8% and the margin +0.0 pp — the quarter was revenue-led, with the margin roughly flat.

Pace comparison, last four quarters: profit +15.3% vs revenue −9.5%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.

→ Profit rose — but did the cash follow? Next: 272% of the last 3 years' profit arrived as cash.

08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 272% of Precision Camshafts Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹120 Cr of operating cash against ₹51.0 Cr of profit. After ₹73.0 Cr of capital spending, ₹47.0 Cr was left as free cash.

FY26: operating cash of ₹120 Cr against reported profit of ₹51.0 Cr, leaving free cash of ₹47.0 Cr after ₹73.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 272% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY26: CFO ₹120 Cr vs profit ₹51.0 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 11-year window, annual resolution. FY19 reflects an acquisition year — point shown clipped.
272% of 3-year profit arrived as cash
Operating cashNet profitFree cash
1609734−29−92₹ Cr₹120₹51₹47FY16FY21FY26
1609734−29−92₹ Cr₹120₹51₹47FY16FY21FY26
FY26: CFO = 235% of profit (three-year rate 272%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash; outlier years shown pinned.
Conversion100%
316%257%198%139%80%%235%FY16FY21FY26
316%257%198%139%80%%235%FY16FY21FY26

Why conversion sits at 272%: the cash cycle tightened 32 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner.

Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.

→ So follow the cash to where it goes. Next: a 64-day cycle and ₹163 Cr of building.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Precision Camshafts Ltd's cash conversion cycle runs 64 days in FY26, down from 96 days in FY21. Capital spending ran ₹163 Cr over the last 3 years. At FY26 sales of ₹773 Cr each day of that cycle holds about ₹2.1 Cr, so roughly ₹136 Cr sits inside the business at any moment.

FY26: debtors at 59 days, inventory at 113 days — roughly 3.7 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 64 days, tighter than FY21's 96.

The full loop: cash goes out to suppliers and production on day 0; stock waits 113 days to sell; customers pay about 59 days after that; and suppliers themselves are paid at 108 days — netting out to the 64-day cycle.

In money terms: at FY26 sales of ₹773 Cr, each day of the cycle holds about ₹2.1 Cr — so the 64-day loop keeps roughly ₹136 Cr sitting inside the business at any moment.

FY26: a 64-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 13-year window.
−32 days vs FY21
Cash cycleInventory daysDebtor daysPayable days
23717110437−29days64d113d59d108dFY14FY17FY20FY23FY26
23717110437−29days64d113d59d108dFY14FY20FY26

On the investment side: capital spending of ₹163 Cr over the last 3 fiscal years against ₹184 Cr of depreciation — spending at or below maintenance level. Capital work-in-progress stands at ₹65.0 Cr (FY26) — capacity paid for but not yet earning.

FY26: capex ₹73.0 Cr, work-in-progress ₹65.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
steady investment
CapexWork-in-progress
25518611747−22₹ Cr₹73₹65FY16FY18FY21FY23FY26
25518611747−22₹ Cr₹73₹65FY16FY21FY26

The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.

→ Does all this activity actually earn its cost of capital? Next: ROCE is 7% and the ROIC − WACC spread is −1.3 pp.

10 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.⚠ unverified

Precision Camshafts Ltd earns a ROCE of 7% in FY26. That is up from a trough of 0% in FY21. Return on invested capital clears the cost of that capital by −1.3 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 6.6% net margin on 0.74× asset turns.

FY26 ROCE is 7%, recovered from a FY21 trough of 0% — the full ladder below shows the fall and the climb, undoctored.

🚨 Why the return is what it is — the wiring (FY26): 6.6% net margin × 0.74× asset turns × 1.25× balance-sheet leverage ≈ 6.1% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.

The capstone test — ROIC − WACC: 10.7% − 12.0% = a −1.3 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.

FY26: ROCE 7% Return on capital employed by fiscal year, % (line); ROIC by fiscal year, % (line). 13-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the climb back from FY21's 0%
ROCEROIC (annual)WACC
28%21%13%5.5%−2.1%%7%3.2%FY14FY20FY26
28%21%13%5.5%−2.1%%7%3.2%FY14FY20FY26
Q4 FY26: ROCE 2.7% (TTM) vs WACC 12.0% Trailing-twelve-month ROCE and ROIC, per quarter, %; dashed line = the cost of capital. Last 12 quarters, put on a trailing-twelve-month basis and anchored to the annual figure.
ROCE (TTM)ROIC (TTM)WACC
13%9.7%6.6%3.5%0.3%%2.7%3.1%Q1 FY24Q2 FY25Q4 FY26
13%9.7%6.6%3.5%0.3%%2.7%3.1%Q1 FY24Q2 FY25Q4 FY26

→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.06.

11 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.⚠ unverified

Precision Camshafts Ltd carries total debt of ₹54.0 Cr against shareholder equity of ₹836 Cr as of Mar 26, a debt-to-equity of 0.06 — effectively unlevered. On the annual view that ratio went from 0.21 in FY22 to 0.06 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.

Mar 26: total debt of ₹54.0 Cr against shareholder equity of ₹836 Cr — a debt-to-equity of 0.06. On the annual view, debt-to-equity went from 0.21 (FY22) to 0.06 (FY26). The returns on this page are earned, not borrowed.

FY26: debt ₹54.0 Cr at 0.06× equity Total debt by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 5-year window.
Total debtDebt-to-equity
1580.22×1180.18×790.14×390.09×00.05×₹ Cr×₹540.06×FY22FY24FY26
1580.22×1180.18×790.14×390.09×00.05×₹ Cr×₹540.06×FY22FY24FY26
Mar 26: debt ₹54.0 Cr, debt-to-equity 0.06 Total debt per quarter, ₹ Cr (bars); debt-to-equity, × (line). Last 12 quarters. India reports the full balance sheet half-yearly, so the intervening quarter carries the prior reading forward.
Total debt (quarterly)Debt-to-equity
1300.16×970.13×650.11×320.08×00.05×₹ Cr×₹540.06×Jun 23Sep 24Mar 26
1300.16×970.13×650.11×320.08×00.05×₹ Cr×₹540.06×Jun 23Sep 24Mar 26

→ Who owns this, and are they adding or leaving? Next: the register is quiet.

12 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

No holder of Precision Camshafts Ltd moved a full percentage point over the last two years — the register is quiet. Domestic institutions moved −0.1 points over the same window, to 0.0%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Foreign institutions: +0.1 points over 8 quarters to 0.3%; Domestic institutions: −0.1 points over 8 quarters to 0.0%; Promoters: +0.0 points over 8 quarters to 65.4%.

Fiscal-year ends: promoters +0.0 pts from Mar 24 to Mar 26 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
PromotersForeign inst.Domestic inst.Public
71%52%33%14%−5.2%%65.4%0.1%0.1%34.4%Mar 24Mar 25Mar 26
71%52%33%14%−5.2%%65.4%0.1%0.1%34.4%Mar 24Mar 25Mar 26
A quiet register: no holder moved a full point in two years Shareholding by holder class, % of the company, quarterly, last 13 quarters.
PromotersForeign inst.Domestic inst.Public
71%52%33%14%−5.2%%65.4%0.3%0%34.4%Jun 23Dec 24Jun 26
71%52%33%14%−5.2%%65.4%0.3%0%34.4%Jun 23Dec 24Jun 26

→ One last check: does the safety math agree? Next: the balance-sheet safety line.

13 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Precision Camshafts Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

Related companies · same sector · Auto Ancillaries - Diversified Every company is compared on the shape of its own curves, not static ratios. The Revenue, EPS and ROCE columns each draw that company's last 12 quarters as a mini line of the ACTUAL level (trailing-twelve-month revenue and EPS, and the ROCE itself) — so a line that climbs is a business getting bigger, a line that sinks is one shrinking. The colour tracks the same line: green when it is rising or steadily healthy, amber when it is rolling over from a high (still elevated but turning down), red when it is falling, grey when flat or stuck. Colour and direction always agree — a green line never points down. The ROCE curve is the return on capital (annual readings for peers, so a slightly coarser line than the quarterly one at the top of this page). The Stage column then runs the same 12-quarter trajectory classifier used at the top of the page on each company and names where it sits. What lands a company in each bucket: CONSISTENT — growth stays positive across the window and returns are healthy (ROCE ≥ 15%, or ROE ≥ 12% for lenders); IMPROVING — profit or EPS fell into real decline, bottomed a few quarters back, and has climbed back to positive and held there; TURNING AROUND — the same kind of trough but more recent, with the latest quarters just lifting off it (an early, unconfirmed turn); TOPPING OUT — growth is still positive but decelerating hard from its own peak while returns have stopped rising; DETERIORATING — two or more growth curves are shrinking (latest below zero) and staying there, not one soft quarter; MIXED — the curves genuinely disagree, or no clean majority, so no single word fits; NO READ — fewer than eight usable quarters. It is a like-for-like read of every company against its own past, not a ranking against the group.
CompanyP/EMkt capRevenueEPSROCEStage
Precision Camshafts Ltd this page53.4×₹1,317 CrMixed
Samvardhana Motherson International Ltd36.0×₹1.5L CrTurning around
Bosch Ltd59.0×₹1.2L CrMixed
Endurance Technologies Ltd39.7×₹37,051 CrConsistent
Motherson Sumi Wiring India Ltd42.6×₹26,600 CrMixed
ZF Commercial Vehicle Control System India Ltd52.3×₹26,410 CrTopping out
Sansera Engineering Ltd59.1×₹19,874 CrMixed
Minda Corporation Ltd44.8×₹16,173 CrMixed
Lumax Auto Technologies Ltd34.7×₹9,991 CrConsistent
Varroc Engineering Ltd38.7×₹9,820 CrTurning around
S J S Enterprises Ltd44.0×₹7,475 CrConsistent
Suprajit Engineering Ltd35.5×₹6,646 CrTurning around
Sharda Motor Industries Ltd14.3×₹4,744 CrMixed
Carraro India Ltd22.1×₹3,036 CrNo read
NDR Auto Components Ltd30.9×₹1,933 CrMixed
Jay Bharat Maruti Ltd12.5×₹1,747 CrNo read
OBSC Perfection Ltd56.0×₹1,512 CrNo read
Automobile Corporation Of Goa Ltd18.7×₹1,353 CrTurning around
Automobile Corporation Of Goa Ltd15.1×₹1,027 CrTurning around
Munjal Auto Industries Ltd28.2×₹998 CrNo read
Mercury EV-Tech Ltd160.0×₹667 CrDeteriorating
12 · Frequently asked questions

Frequently asked questions

What is Precision Camshafts Ltd's share price today?

Precision Camshafts Ltd trades at ₹142, −29.7% over the past year. The company is valued at ₹1,317 Cr. The stock sits at 25% of its 52-week range of ₹113–₹228, −11.0% versus its 200-day average. On the tape, the price is in a downtrend, 71 weeks in. — as of 24 July 2026.

What were Precision Camshafts Ltd's latest quarterly results?

Precision Camshafts Ltd reported revenue of ₹201 Cr and net profit of ₹10.0 Cr for the Mar 26 quarter. Revenue rose 5.8% and profit fell 75.0% year on year. Earnings per share were ₹1.06. The operating margin was 13.0%, 0.0 pp higher than a year earlier. — as of 24 July 2026.

What is Precision Camshafts Ltd's revenue?

Precision Camshafts Ltd reported revenue of ₹201 Cr in the Mar 26 quarter, +5.8% year on year. For the full FY26 fiscal year, revenue was ₹773 Cr (−10.6%). Over the last 10 years revenue compounded at 5.8% a year. — as of 24 July 2026.

What is Precision Camshafts Ltd's profit?

Precision Camshafts Ltd earned ₹10.0 Cr of net profit in the Mar 26 quarter, −75.0% year on year. Full-year FY26 profit was ₹51.0 Cr. The operating margin ran 13.0% in the latest quarter. — as of 24 July 2026.

What is Precision Camshafts Ltd's market cap?

Precision Camshafts Ltd's market capitalisation is ₹1,317 Cr at a share price of ₹142. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.

What is Precision Camshafts Ltd's P/E ratio?

Precision Camshafts Ltd trades at a P/E of 53.4×, at the 70th percentile of its own 10-year range, against a long-run median of 34.6×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.

Does Precision Camshafts Ltd pay a dividend?

Yes — Precision Camshafts Ltd's dividend payout was 19% of profit in FY26, and it recorded a payout in each of its last 13 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.

Is Precision Camshafts Ltd overvalued?

On its own history, Precision Camshafts Ltd looks expensive against its own history: its P/E of 53.4× sits at the 70th percentile of its 10-year range (long-run median 34.6×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.

Is Precision Camshafts Ltd growing?

Yes — Precision Camshafts Ltd is growing: latest-quarter revenue +5.8% year on year, profit −75.0%, and the margin +0.0 pp at 13.0%. The 10-year compound rates are 5.8% (revenue) and −3.0% (profit). The earnings engine currently reads: improving — as of 24 July 2026.

How is Precision Camshafts Ltd performing?

Precision Camshafts Ltd is in a downtrend, 71 weeks in. Its latest quarter's revenue rose 5.8% and profit fell 75.0% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 6 weeks. This describes what the data did, not a rating. — as of 24 July 2026.

What stage is Precision Camshafts Ltd in?

Mixed — revenue growth is lifting off its trough at −10.6% while profit growth is falling at −5.6% — the curves disagree, so the per-curve reads carry the story. The read comes from the last 12 quarters of growth (revenue growth −10.6% latest, profit growth −5.6% latest, eps growth −5.1% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.

Is Precision Camshafts Ltd in an uptrend?

No — the price is in a downtrend (week 71 of stage 4), trading −11.0% versus its 200-day average and at 25% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.

Is Precision Camshafts Ltd beating the market?

Not lately — on a trailing-13-week view Precision Camshafts Ltd is currently behind the NIFTY 500 (6 weeks and counting; last ahead the week of 2026-06-19), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.3 years the stock moved −5% against the NIFTY 500's +266% — behind the index over the full window. — as of 24 July 2026.

Will Precision Camshafts Ltd's share price go up?

This page publishes no price forecast for Precision Camshafts Ltd. What it measures instead: the share price is ₹142, the price is in a downtrend 71 weeks in. Its P/E of 53.4× sits at the 70th percentile of its own 10-year range. — as of 24 July 2026.

Who owns Precision Camshafts Ltd?

Promoters hold 65.4% of Precision Camshafts Ltd, foreign institutions 0.3%, domestic institutions 0.0% and the public 34.4% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 24 July 2026.

Does Precision Camshafts Ltd have too much debt?

No — Precision Camshafts Ltd's debt-to-equity is 0.06, and operating profit covers the interest bill 10×. FY26 borrowings were ₹54.0 Cr against equity of ₹836 Cr. The returns on this page are earned, not borrowed — as of 24 July 2026.

What is Precision Camshafts Ltd's capex?

Precision Camshafts Ltd spent ₹163 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹73.0 Cr, with ₹65.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.

What is Precision Camshafts Ltd's cash flow?

Precision Camshafts Ltd generated ₹120 Cr of operating cash flow in FY26 and ₹47.0 Cr of free cash flow after ₹73.0 Cr of capital spending. Reported profit that year was ₹51.0 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 24 July 2026.

Is Precision Camshafts Ltd's profit real cash?

Yes — over the last 3 fiscal years, 272% of Precision Camshafts Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹120 Cr against reported profit of ₹51.0 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 24 July 2026.

Where is Precision Camshafts Ltd in its business cycle?

Precision Camshafts Ltd's FY26 operating margin was 9.0%, against a 13-year band of 9.0%–27.0%: the low end of its own band, which is where recoveries start when they come. The latest quarter ran 13.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.

What could break the Precision Camshafts Ltd story?

Biggest watch item: the P/E sits at the 70th percentile of its own range — the multiple has already done part of the work. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.

Is Precision Camshafts Ltd a stock worth studying right now?

This is not investment advice. The machine read: Precision Camshafts Ltd's earnings have outrun its stock. EPS grew −5.3% in a year against a −29.7% price move. The sharpest open question: the next one or two quarters of delivery. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.

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