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Precision Wires India Limited
(PRECWIRE)
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Rating:60Neutral
Price Target:
₹533.00
▲(44.74% Upside)
Action:Reiterated
Date:08/29/26
The score is driven primarily by mixed financial quality: strong growth and improving operating profitability are offset by weak cash conversion (negative free cash flow) and rising leverage. Technically, the stock is in a strong uptrend above key moving averages, supporting the rating. Valuation is the main headwind due to a high P/E and minimal dividend yield.
Positive Factors
Accelerating Revenue Growth
The acceleration in revenue growth indicates stronger demand and expanding business activity across the company’s copper winding wire markets. Sustained volume and customer demand can improve capacity utilization and support operating leverage over the next several quarters.
Negative Factors
Negative Free Cash Flow
The negative free cash flow shows that earnings are not currently converting consistently into surplus cash, likely reflecting heavier investment or working-capital needs. Persistent weak conversion could constrain self-funded growth and increase reliance on borrowing.
Read all positive and negative factors
Positive Factors
Negative Factors
Accelerating Revenue Growth
The acceleration in revenue growth indicates stronger demand and expanding business activity across the company’s copper winding wire markets. Sustained volume and customer demand can improve capacity utilization and support operating leverage over the next several quarters.
Read all positive factors
Precision Wires India Limited (PRECWIRE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹86.72B
Dividend Yield0.27%
Average Volume (3M)75.01K
Price to Earnings (P/E)48.4
Beta (1Y)1.74
Revenue Growth46.02%
EPS Growth80.46%
CountryIN
Employees801
SectorGeneral
Sector StrengthN/A
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)9.61
Shares Outstanding182,807,970
10 Day Avg. Volume129,024
30 Day Avg. Volume75,013
Financial Highlights & Ratios
PEG Ratio0.48
Price to Book (P/B)6.84
Price to Sales (P/S)0.97
P/FCF Ratio-56.15
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)9.6
Revenue Forecast (FY)₹77.67B
Precision Wires India Limited Business Overview & Revenue Model
Company Description
Precision Wires India Limited, founded in Mumbai in 1989, operates internationally as a manufacturer and supplier of diverse insulated electrical conductors and enameled wires. Their product portfolio features enameled round winding wires extensiv...
How the Company Makes Money
Precision Wires India Limited primarily makes money by manufacturing and selling copper winding wire and allied copper wire products to business customers (B2B). Revenue is generated mainly through: (1) Sale of enamelled/insulated copper winding w...
Precision Wires India Limited Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
66
Positive
Cash Flow
38
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 61.05B | 54.63B | 40.15B | 33.02B | 30.34B | 25.56B |
| Gross Profit | 4.90B | 4.09B | 3.14B | 1.64B | 1.36B | 923.98M |
| EBITDA | 3.35B | 3.09B | 1.66B | 1.54B | 1.28B | 1.20B |
| Net Income | 1.75B | 1.55B | 900.40M | 728.54M | 594.93M | 630.11M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 22.49B | 12.54B | 10.62B | 9.28B | 8.79B |
| Cash, Cash Equivalents and Short-Term Investments | 2.92B | 2.93B | 950.17M | 1.25B | 782.58M | 517.47M |
| Total Debt | 0.00 | 2.93B | 615.05M | 986.14M | 161.67M | 224.84M |
| Total Liabilities | -7.72B | 14.77B | 6.78B | 5.56B | 4.78B | 5.14B |
| Stockholders Equity | 7.72B | 7.72B | 5.76B | 5.06B | 4.50B | 3.65B |
Cash Flow | ||||||
| Free Cash Flow | 44.57M | -941.39M | 651.84M | 104.14M | 413.12M | 320.19M |
| Operating Cash Flow | 1.01B | 2.00B | 1.68B | 596.76M | 766.61M | 425.75M |
| Investing Cash Flow | -1.30B | -3.97B | -988.87M | -941.62M | 100.03M | 77.67M |
| Financing Cash Flow | 570.25M | 2.73B | -1.03B | 283.80M | -534.38M | -378.63M |
Precision Wires India Limited Technical Analysis
Positive
368.25
Price Trends
416.04
Positive
412.84
Positive
341.98
Positive
Market Momentum
16.49
Positive
53.51
Neutral
39.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PRECWIRE, the sentiment is Positive. The current price of 368.25 is below the 20-day moving average (MA) of 460.18, below the 50-day MA of 416.04, and above the 200-day MA of 341.98, indicating a bullish trend. The MACD of 16.49 indicates Positive momentum. The RSI at 53.51 is Neutral, neither overbought nor oversold. The STOCH value of 39.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:PRECWIRE.
Precision Wires India Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ₹206.86B | 27.12 | ― | 0.63% | 26.53% | 29.17% | |
70 Outperform | ₹273.71B | 45.36 | ― | 0.39% | 37.66% | 80.22% | |
69 Neutral | ₹445.88B | 44.50 | ― | 0.10% | 20.39% | 31.64% | |
68 Neutral | ₹730.29B | 58.96 | ― | 0.35% | 23.96% | 34.01% | |
60 Neutral | ₹86.72B | 48.35 | ― | 0.27% | 46.02% | 80.46% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | ₹1.26T | 43.73 | ― | 0.56% | 32.39% | 29.13% |
* General Sector Average
IN:PRECWIRE
Precision Wires India Limited
463.10
279.25
151.89%
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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.