Precision Wires Q4 profit jumps 45%; board approves fresh working capital lines

Precision Wires India Ltd

reported a strong set of fourth-quarter earnings for FY26, with profit and revenue rising sharply year-on-year on the back of healthy demand and improved operational performance.

The company posted a net profit of ₹55 crore for Q4FY26, up 44.7% from ₹38 crore in the corresponding quarter last year.

Revenue from operations rose 30.4% year-on-year to ₹1,743.5 crore compared with ₹1,337 crore a year earlier, while EBITDA increased 31.8% to ₹85.3 crore from ₹64.7 crore.

EBITDA margin stood at 4.9%, marginally higher than 4.8% in the year-ago quarter.

Ahead of the earnings announcement, shares of Precision Wires India closed 4.71% higher at ₹417.15 on Friday on the NSE.

The board declared a final dividend of ₹0.55 per equity share, equivalent to 55% on the face value of ₹1 each. The dividend will be paid within 30 days of shareholder approval at the company’s upcoming annual general meeting.

The company also approved the reappointment of Krina Parekh as Chief Financial Officer with effect from the ensuing AGM.

In addition, the board cleared unsecured working capital facilities of up to ₹190 crore from RBL Bank and approved the induction of Axis Bank as the company’s fourth secured lender for a working capital facility of ₹350 crore.

Earlier this year, Precision Wires had flagged supply chain disruptions linked to the intensifying conflict in West Asia. The company said the geopolitical situation had impacted domestic and overseas suppliers, leading to inflationary pressure across the supply chain and disruptions in export consignments to the Middle East.

To mitigate the impact, the company said it had begun rerouting shipments and implementing alternate logistics arrangements, although these measures could result in higher shipping costs and longer lead times in the near term.

Precision Wires India manufactures enamelled round and rectangular copper winding wires, continuously transposed conductors and paper-covered winding conductors used across the electrical, automotive, transformer and consumer durables sectors.