Value Added Product Mix Shift
Expected: OngoingHIGH confidence
What: EBITDA Margin: 5.6%
Impact: 155 bps expansion
Precision Wires India Ltd: Why Is It Outperforming Nifty 500?
ActiveRS +73.0%Average8w StreakRe-Entry
In , Precision Wires India Ltd (Copper Wires) is outperforming Nifty 500 with +73.0% relative strength. Fundamentals: Average. On a 8-week streak.
Precision Wires India Ltd Key Facts
- PE Ratio
- 454.0x
- Market Cap
- ₹7,699 Cr
- PAT Growth YoY
- +90%
- Revenue Growth YoY
- +19%
- OPM
- 6.0%
- RS vs Nifty 500
- +73.0%
PE: At PeakRiding Wave
What's Happening
📊PE near cycle highs — limited room for further expansion
📊Debt increased 106% YoY — leverage rising
💰Trading 35% above estimated fair value — significant premium
Earnings Acceleration Triggers
1. Value Added Product Mix Shift
OngoingHIGH
2. Tam Expansion Changing Consumption
OngoingHIGH
3. Operating Leverage Inflection
Q3 FY26MEDIUM
Key Risks
1. Middle East conflict is disrupting shipments and impacting domestic and overseas
MEDIUM2. Higher shipping costs and longer lead times due to re-routing
LOW3. Inflationary pressures across the supply chain due to global tensions
MEDIUMSector-Specific Signals
Installed Capacity (Copper Winding Wires)55,000 MTPA6,000 MTPA added
Target Capacity (FY28)68,000 MTPA
Captive Material Requirement Coverage20% to 35%
Total Borrowing PowerINR 4,000 Cr60% increase
Key Numbers
PAT Growth YoY
+90%
Stable
Revenue YoY
+19%
Stable
Operating Margin
6.0%
+200 bps YoY
PE Ratio
454.0
Current Price
₹421
Dividend Yield
0.27%
Fundamental Score
57/100
Average
3Y PAT CAGR
+13%
Market Cap
7.7K Cr
Valuation
Significantly Overvalued12-Week Performance
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
12 weeks agoThis week
Why Are Precision Wires India Ltd's Earnings Accelerating?
Based on Q3 FY26 (web) earnings • Updated Apr 18, 2026
Tam Expansion Changing Consumption
Expected: OngoingHIGH confidence
What: EV Copper Content: 2-3x vs ICE
Operating Leverage Inflection
Expected: Q3 FY26MEDIUM confidence
What: PAT Growth: 99% YoY
Impact: INR 37.7 Cr PAT
What Are the Key Risks for Precision Wires India Ltd?
Earnings deceleration risks from management commentary
Middle East conflict is disrupting shipments and impacting domestic and overseas
MEDIUMTrigger: Middle East conflict is disrupting shipments and impacting domestic and overseas suppliers.
Management view: Re-routing shipments and establishing alternative logistics channels.
Monitor: geopolitical
Higher shipping costs and longer lead times due to re-routing
LOWTrigger: Higher shipping costs and longer lead times due to re-routing.
Management view: Monitoring and mitigating challenges; establishing alternative channels.
Monitor: logistics
Inflationary pressures across the supply chain due to global tensions
MEDIUMTrigger: Inflationary pressures across the supply chain due to global tensions.
Management view: Backward integration into copper refining to mitigate raw material volatility.
Monitor: commodity
What Did Precision Wires India Ltd Report This Quarter?
Headline numbers from the latest earnings call
Revenue
INR 1,336.94 Cr
YoY +36.55%QoQ +8.97%
Revenue growth was driven by strong demand in the winding wire segment and capacity expansion.
EBITDA
INR 75.44 Cr
YoY +88.6%Margin 5.6%
Margin expansion of 155 bps was supported by a shift toward value-added products and operational efficiency.
PAT
INR 37.70 Cr
YoY +98.89%QoQ +5.9%
PAT nearly doubled YoY, reflecting strong operating leverage and volume growth.
Other Highlights
• Declared second interim dividend of Rs 0.35 per share.
• Approved new expansion project for 3,920 MTPA at Silvassa.
• Secured Rs 360 Cr in new working capital facilities.
What Sector Metrics Matter for Precision Wires India Ltd?
Sub-sector-specific signals from the latest concall — each with management's stated reason for the change
Installed Capacity (Copper Winding Wires)
55,000 MTPA
YoY 6,000 MTPA addedQoQ 6,000 MTPA added
Why: Completed installation of 6,000 MTPA capacity at Silvassa during Q3.
Target Capacity (FY28)
68,000 MTPA
Why: Ongoing and newly approved expansion projects at Silvassa.
Captive Material Requirement Coverage
20% to 35%
Why: New copper recycling/refining project expected to meet a portion of material needs.
Total Borrowing Power
INR 4,000 Cr
YoY 60% increaseQoQ 60% increase
Why: Board approved increase from Rs 2,500 Cr to Rs 4,000 Cr to support growth.
What Is Precision Wires India Ltd's Management Guidance?
Forward-looking targets from management for FY25-28E
Revenue Growth Target
16%
OPM Guidance
6.5%
Capex Plan
₹77.1 Cr
Revenue Outlook
16% CAGR
Margin Outlook
EBITDA margin expected to rise to 6.5% by FY28E.
Capex Plan
INR 77.10 Cr
Expansion of copper winding wires at Silvassa.
Volume
Targeting total capacity of 68,000 MTPA by FY28.
Management Tone: BULLISH
How Fast Is Precision Wires India Ltd Growing?
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +19% | +14% | Stable |
| PAT (Net Profit) | +90% | +13% | Stable |
| OPM | 6.0% | +200 bps | Expanding |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Apr 18, 2026.
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Frequently Asked Questions: Precision Wires India Ltd
Based on publicly available financial data. This is educational research, not investment advice.
What were Precision Wires India Ltd's latest quarterly results?
Precision Wires India Ltd's latest quarterly results (Sep 2025) show
- PAT Growth YoY: +89.5% (stable)
- Revenue Growth YoY: +18.5%
- Operating Margin: 6.0% (expanding)
Is Precision Wires India Ltd's profit growing or declining?
Precision Wires India Ltd's profit is growing with an stable trend.
- PAT Growth YoY: +89.5% (latest quarter)
- PAT Growth QoQ: +33.3% (sequential)
- 3-Year PAT CAGR: +12.6%
- Trend: Stable — consistent growth pattern
What is Precision Wires India Ltd's revenue growth trend?
Precision Wires India Ltd's revenue growth trend is stable.
- Revenue Growth YoY: +18.5%
- Revenue Growth QoQ: +10.8% (sequential)
- 3-Year Revenue CAGR: +14.4%
How is Precision Wires India Ltd's operating margin trending?
Precision Wires India Ltd's operating margin is expanding.
- Current OPM: 6.0%
- OPM Change YoY: +2.0% basis points
- OPM Change QoQ: +1.0% basis points
What is Precision Wires India Ltd's 3-year profit and revenue CAGR?
Precision Wires India Ltd's long-term compounding rates
- 3-Year Profit CAGR: +12.6%
- 3-Year Revenue CAGR: +14.4%
Is Precision Wires India Ltd's growth accelerating or decelerating?
Precision Wires India Ltd's earnings growth is stable with mixed signals on a sequential basis.
- YoY Acceleration: +66.8% bps
- Sequential Acceleration: +43.3% bps
What is Precision Wires India Ltd's trailing twelve month (TTM) performance?
Precision Wires India Ltd's trailing twelve month (TTM) performance
- TTM PAT: ₹112 Cr
- TTM PAT Growth: +38.3% YoY
- TTM Revenue: ₹4,000 Cr
- TTM Revenue Growth: +19.0% YoY
- TTM Operating Margin: 5.3%
Is Precision Wires India Ltd overvalued or undervalued?
Precision Wires India Ltd appears significantly overvalued based on our fair value analysis.
- Valuation Signal: Significantly Overvalued
- Current PE: 454.0x
- Price-to-Book: 37.6x
What is Precision Wires India Ltd's current PE ratio?
Precision Wires India Ltd's current PE ratio is 454.0x.
- Current PE: 454.0x
- Market Cap: 7.7K Cr
- Dividend Yield: 0.27%
How does Precision Wires India Ltd's valuation compare to its history?
Precision Wires India Ltd's current PE is 454.0x.
- Current PE: 454.0x
- Valuation Assessment: Significantly Overvalued
What is Precision Wires India Ltd's price-to-book ratio?
Precision Wires India Ltd's price-to-book ratio is 37.6x.
- Price-to-Book (P/B): 37.6x
- Book Value per Share: ₹11
- Current Price: ₹421
Is Precision Wires India Ltd a fundamentally strong company?
Precision Wires India Ltd is rated Average with a fundamental score of 56.66/100. This score is calculated from objective financial metrics
- Revenue Growth YoY: +18.5% (10% weight)
- PAT Growth YoY: +89.5% (10% weight)
- PAT Growth QoQ: +33.3% (10% weight)
- Margins expanding (10% weight)
Is Precision Wires India Ltd debt free?
Precision Wires India Ltd has a debt-to-equity ratio of N/A.
- Total Debt: ₹128 Cr
What is Precision Wires India Ltd's return on equity (ROE) and ROCE?
Precision Wires India Ltd's return ratios over recent years
- FY2023: ROCE 26.0%
- FY2024: ROCE 25.0%
- FY2025: ROCE 27.0%
Is Precision Wires India Ltd's cash flow positive?
Precision Wires India Ltd's operating cash flow is positive (FY2025).
- Cash from Operations (CFO): ₹168 Cr
- Free Cash Flow (FCF): ₹69 Cr
- CFO/PAT Ratio: 187% (strong cash conversion)
What is Precision Wires India Ltd's dividend yield?
Precision Wires India Ltd's current dividend yield is 0.27%.
- Dividend Yield: 0.27%
- Current Price: ₹421
Who holds Precision Wires India Ltd shares — promoters, FII, DII?
Precision Wires India Ltd's shareholding pattern (Mar 2026)
- Promoters: 56.6%
- FII (Foreign): 1.6%
- DII (Domestic): 0.1%
- Public: 41.6%
Is promoter holding increasing or decreasing in Precision Wires India Ltd?
Precision Wires India Ltd's promoter holding has remained stable recently.
- Current Promoter Holding: 56.6% (Mar 2026)
- Previous Quarter: 56.6% (Dec 2025)
- Change: 0.00% (stable)
How long has Precision Wires India Ltd been outperforming Nifty 500?
Precision Wires India Ltd has been outperforming Nifty 500 for 8 consecutive weeks, indicating consistent outperformance.
Is Precision Wires India Ltd a new momentum entry or an established outperformer?
Precision Wires India Ltd is a re-entry — it briefly dropped off the outperformance list but has now returned. Re-entries can signal renewed strength.
What are the growth catalysts for Precision Wires India Ltd?
Precision Wires India Ltd has 3 key growth catalysts identified from recent earnings analysis
- Value Added Product Mix Shift — Shift to premium products is the primary driver for the projected 35% EBITDA CAGR.
- Tam Expansion Changing Consumption — Structural shift to EVs significantly increases the addressable market per unit.
- Operating Leverage Inflection — Profit growth significantly outpaced revenue, demonstrating strong operating leverage.
What are the key risks in Precision Wires India Ltd?
Precision Wires India Ltd has 3 key risks worth monitoring
- [MEDIUM] Middle East conflict is disrupting shipments and impacting domestic and overseas — Middle East conflict is disrupting shipments and impacting domestic and overseas suppliers.
- [LOW] Higher shipping costs and longer lead times due to re-routing — Higher shipping costs and longer lead times due to re-routing.
- [MEDIUM] Inflationary pressures across the supply chain due to global tensions — Inflationary pressures across the supply chain due to global tensions.
What is Precision Wires India Ltd's management guidance for growth?
Precision Wires India Ltd's management has provided the following forward guidance for FY25-28E
- Revenue growth target: 16%
- OPM guidance: 6.5%
- Capex plan: ₹77.1 Cr for Expansion of copper winding wires at Silvassa.
- Management tone: bullish
What sector-specific metrics matter most for Precision Wires India Ltd?
Precision Wires India Ltd's most important sub-sector-specific KPIs from the latest concall
- Installed Capacity (Copper Winding Wires): 55,000 MTPA (YoY 6,000 MTPA added) (QoQ 6,000 MTPA added) — Completed installation of 6,000 MTPA capacity at Silvassa during Q3.
- Target Capacity (FY28): 68,000 MTPA — Ongoing and newly approved expansion projects at Silvassa.
- Captive Material Requirement Coverage: 20% to 35% — New copper recycling/refining project expected to meet a portion of material needs.
- Total Borrowing Power: INR 4,000 Cr (YoY 60% increase) (QoQ 60% increase) — Board approved increase from Rs 2,500 Cr to Rs 4,000 Cr to support growth.
Is Precision Wires India Ltd worth studying for long term investment?
Based on quantitative research signals, here is why Precision Wires India Ltd may be worth studying
- Earnings growing at +89.5% YoY
- Operating margins are expanding — OPM at 6.0%
- Cash flow is positive — CFO ₹168 Cr
What is the investment thesis for Precision Wires India Ltd?
Precision Wires India Ltd investment thesis summary:
Research Signals (Bull Case)
- Revenue growing at +18.5% YoY
- Margins expanding
- Growth catalyst: Value Added Product Mix Shift
Risk Factors (Bear Case)
- Appears significantly overvalued
- Key risk: Middle East conflict is disrupting shipments and impacting domestic and overseas
What is the future outlook for Precision Wires India Ltd?
Precision Wires India Ltd's forward outlook based on current data signals
- Earnings Trend: stable
- Revenue Trend: stable
- Margin Trend: expanding
- Valuation: Significantly Overvalued
- Key Catalyst: Value Added Product Mix Shift
- Key Risk: Middle East conflict is disrupting shipments and impacting domestic and overseas
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.