Precision Wires Q1 FY26 Earnings Results

Precision Wires India Ltd is engaged in manufacturing Enamelled Round and Rectangular Copper Winding Wires, Continuously Transposed Conductor, and Paper / Mica / Nomex Insulated Copper Conductor. The Company primarily supplies to the OEM sector and to various industries like power, auto, consumer durables, transformers, construction etc. It is the largest producer of Winding Wires in South Asia. Presenting below are its Q1 FY26 earnings results.

 

Q1 FY26 Earnings Results

• Total Income: ₹1,115.57 crores, up 16.8% YoY (Q1 FY25: ₹955.19 crores) and up 5.8% QoQ (Q4 FY25: ₹1,054.38 crores).

• Net Profit (PAT): ₹27.09 crores, up 22.7% YoY (Q1 FY25: ₹22.23 crores) but down 8.4% QoQ (Q4 FY25: ₹29.58 crores).

• Earnings Per Share (EPS): ₹1.52, up 22.5% YoY (Q1 FY25: ₹1.24), and down from ₹1.66 QoQ.

• Operating Net Profit: ₹47.1 crores, up 11.7% YoY (Q1 FY25: ₹42.2 crores).

• PBT: ₹36.18 crores, up 21.3% YoY.

• Profit margin: 4.3%, down slightly YoY from 4.4%.

• Key Capex: New expansions at Silvassa, Zaroli, Valvada—with aggregate ₹70 crore outlay (₹37 crore new project at Silvassa plus earlier announced projects), targeting total capacity ~4,400 MT by FY27.

 

Key Management Commentary & Strategic Highlights

• Highest quarterly net sales in five quarters, driven by robust demand for copper winding wires and specialty products.

• Despite profit margin compression due to rising interest and input costs, net profit and volumes saw healthy YoY growth.

• The board approved further expansion and modernization projects at Silvassa, Zaroli, and Valvada to strengthen market leadership and meet growing demand.

• Management remains focused on scale-up, technological upgrades, and navigating input cost pressures to sustain profitable growth.

• Demand remains strong in the electrical equipment and transmission sector, positioning the company for further gains as new capacity is commissioned.

 

 

Q4 FY25 Earnings Results

• Total Income: ₹1,054.38 crores.

• Net Profit: ₹29.58 crores.

• EPS: ₹1.66.

 

To view the company’s previous earnings and latest concall transcripts, click here  to visit the Alphastreet India news channel.