PRECISION WIRES INDIA LTD. Q4 FY26 Results

Summary

Precision Wires India Limited demonstrated strong financial performance for the quarter and year ended March 31, 2026. The company reported a significant year-on-year increase in total revenue for Q4 FY26, which rose by 67.20% to ₹1,762.85 crore, while profit for the period surged by 85.49% to ₹54.87 crore. For the full fiscal year 2026, total revenue reached ₹5,463.43 crore, a 35.39% increase year-on-year, with annual profit growing by 72.45% to ₹155.27 crore. In addition to the robust results, the Board declared a final dividend of ₹0.55 per share and enhanced its working capital facilities by securing ₹190 crore from RBL Limited and ₹350 crore from Axis Bank Limited.

Key Highlights

1. 1

   Precision Wires India Limited reported a significant increase in total revenue for the quarter ended March 31, 2026, reaching ₹1,762.85 crore, a 67.20% year-on-year growth compared to the same quarter last year.

2. 2

   Profit for the period for Q4 FY26 surged by 85.49% year-on-year to ₹54.87 crore, up from ₹29.58 crore in Q4 FY25.

3. 3

   For the full financial year 2026, the company's total revenue stood at ₹5,463.43 crore, marking a robust 35.39% increase from the previous fiscal year.

4. 4

   The annual profit for FY26 grew impressively by 72.45% to ₹155.27 crore, up from ₹90.04 crore in FY25.

5. 5

   The Board of Directors declared a final dividend of 55%, equivalent to ₹0.55 per fully paid Equity Share of ₹1/- each, payable to members.

6. 6

   The company secured an Unsecured Working Capital Facility of up to ₹190 crore from RBL Limited and inducted Axis Bank Limited as a fourth Secured Lender for a Secured Working Capital Facility of ₹350 crore, enhancing its financial flexibility.

7. 7

   Mrs. Krina Parekh was re-appointed as the Chief Financial Officer of the Company, effective from the ensuing 37th Annual General Meeting.