Precision Camshafts Ltd

Precision Camshafts Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these financial statements along with the Statutory Auditor's Draft Limited Review Auditors Report. The company submitted these financials as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by M S K A & Associates LLP.

Precision Camshafts reported consolidated PAT of ₹8.45 Cr for Q1 FY27, down 55.1% YoY from ₹18.82 Cr, on revenue of ₹187.89 Cr, down 3.6% YoY. The print carried a ₹3.97 Cr exceptional gain (compensation received from a customer) that cushioned the bottom line — stripped out, underlying PAT was closer to ₹5.8 Cr, an adjusted decline of roughly 69% YoY, since the year-ago quarter had no comparable one-off. No formal street estimates for this print were found (the company is a ~₹1,380 Cr market-cap name with limited broker coverage), so the beat/miss call versus consensus is unknown. The consolidated and standalone numbers tell materially different growth stories, which readers should not mistake for an error: standalone revenue actually grew 17.4% YoY to ₹160.47 Cr, while consolidated revenue fell 3.6%. The gap is explained by the deconsolidation of step-down German subsidiary MFT Motoren und Fahrzeugtechnik GmbH, which lost control status in September 2025 after insolvency proceedings before the Dresden court — its revenue is no longer in the Q1 FY27 consolidated base though it was in Q1 FY26's. Even so, standalone profitability also fell — PAT down 41.9% YoY to ₹14.88 Cr — showing the weakness isn't purely a consolidation artefact. Margins compressed on both bases. Consolidated operating margin (EBITDA/revenue) fell to 3.84% from 7.47% a year ago and 13.10% last quarter; consolidated net margin fell to 4.50% from 8.46% YoY. Standalone OPM slipped to 6.82% from 9.93% YoY, NPM to 9.27% from 18.75%. Cost lines — raw materials, employee costs — held up even as growth cooled, squeezing both entities. Management's prior concall (March 2026) struck a confident, bullish tone, citing ~₹1,500 Cr of new orders extending the order book to 2032 and a ₹120 Cr capacity expansion slated to start ramping precisely in FY26-27 — this quarter. There's no numeric guidance to grade a formal beat/miss against, but the confident outlook has not yet shown up in the print: margins moved the wrong way in the very quarter the ramp was supposed to begin. Other quarter developments (FY26 BRSR filing, AGM on July 30, a dividend record date of July 23) are governance/compliance items with no direct P&L bearing this quarter. This sets up Q2 FY27 as the quarter to watch for whether the capacity ramp and new order-book conversion begin offsetting the current cost and margin pressure.

Precision Camshafts Ltd has announced that its Board of Directors will convene on August 11, 2026. The primary agenda items include the consideration and approval of the Unaudited Standalone and Consolidated Financial Statements for the quarter ended June 30, 2026. Additionally, the board will review the Statutory Auditor’s Draft Limited Review Auditors Report for the same period. The company has also implemented a trading window closure for designated persons from July 1, 2026, which will reopen 48 hours after the declaration of the financial results.

Precision Camshafts Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The report, filed as per SEBI regulations, details the company's corporate identity, operations, employee data, and business activities, which account for 100% of its turnover in manufacturing metal and metal products. The company's primary product is the manufacturing of parts and accessories for motor vehicles, contributing 100% to its turnover. The BRSR is available on the company's website and was provided with limited assurance from TUV SUD South Asia. The reporting boundary is standalone.

Precision Camshafts Ltd has attached its Annual Report for FY 2025-26, along with the Notice of its 34th Annual General Meeting (AGM). The report is available on the company's website. The Register of Members and Share Transfer Books will be closed from July 24, 2026, to July 30, 2026, inclusive, for the AGM and dividend payment. The company declared a dividend of ₹1 per equity share. The report highlights the company's performance, strategic overview, financial performance, and commitment to sustainability, operating within a transforming automotive space.

Precision Camshafts Ltd has announced the notice for its 34th Annual General Meeting (AGM), scheduled for Thursday, July 30, 2026, at 3:00 PM IST. The meeting will be conducted via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). Key agenda items include the adoption of audited standalone and consolidated financial statements for FY 2025-2026, declaration of a final dividend of ₹1 per equity share, re-appointment of a director, ratification of cost auditors' remuneration for FY 2026-2027, and approval of remuneration paid to executive directors exceeding statutory limits for FY 2025-26.

Precision Camshafts Ltd has announced the closure of its trading window for directors, promoters, designated persons, and their immediate relatives. The window will be closed from July 01, 2026, until 48 hours after the declaration of financial results for the quarter ending June 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and related exchange circulars. The company has also implemented PAN freezing at the security level through NSDL for these individuals during the same period to prevent insider trading.

Precision Camshafts Ltd has fixed July 23, 2026, as the record date for determining members' entitlement to the final dividend of Re. 1/- per equity share for the financial year 2025-26. This decision follows the Board Meeting held on May 22, 2026, and is pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The dividend, if approved at the Annual General Meeting, will be paid within 30 days of declaration, subject to TDS.

Precision Camshafts Ltd has appointed M/s B S and Co. LLP as Internal Auditors and M/s S. V. Vhatte & Associates as Cost Auditors for the financial year 2026-27. The appointments were approved by the Board of Directors on May 22, 2026, in compliance with SEBI regulations. M/s B S & Co LLP is a Pune-based chartered accountancy firm, while M/s S. V. Vhatte & Associates is a cost accountancy firm based in Solapur.

Precision Camshafts Ltd has fixed July 23, 2026, as the record date for the final dividend for the FY 2025-26. The Board of Directors approved the audited standalone and consolidated financial statements for the quarter and financial year ended March 31, 2026. A final dividend of ₹ 1.00 (10%) per equity share of face value ₹ 10 each was recommended, subject to shareholder approval at the Annual General Meeting (AGM). The 34th AGM will be held on July 30, 2026, via video conferencing. The register of members and share transfer books will be closed from July 24, 2026, to July 30, 2026, for the AGM and dividend declaration. Remote e-voting will be available from July 27, 2026, to July 29, 2026.