StockWatch
·

Precision Camshafts Ltd

BSE: 539636

P/L Snapshot

Q1 FY27 · standalone

vs Q4 FY26·vs Q1 FY26
Revenue
173.26
+6.6%+5.6%
Expenditure
158.22
+8.0%+21.6%
Net Profit
14.88
+12.5%-41.9%
OPM %
9.29%
-5.02pp-2.83pp

Shareholding

Pattern breakdown

P/L Trends

(in crores)

RevenueExpenditureNet Profit
-69.56-0.0469.47138.99208.51Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Price Chart
Reports

Strong India, Collapsing EMOSS — The 55% PAT Decline Management Won't Own

earnings · camshafts · EMOSS

Result verdictFollow-upQ1 FY2731 Aug 20266 minAutomobile

Pipeline is strong; Q1 results and EMOSS drag weaken the signal

order book ₹1,500 Cr · new programs ramping · PAT -55% YoY

TranscriptDeep diveQ1 FY2731 Aug 20266 minAutomobile

Precision Camshafts Q1 FY27: consolidated PAT falls 55% YoY as margins compress sharply

auto components · camshafts · margin compression

ResultsQ1 FY2711 Aug 20263 minAutomobile
Latest
Quarterly Result11 Aug, 3:55 pm

Precision Camshafts Q1 FY27: consolidated PAT falls 55% YoY as margins compress sharply

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.

11 Aug 2026, 03:55 pm

Corporate Events

Board MeetingPRECAM
2026
6Nov

Board Meeting

To consider and approve Un-audited Standalone and Consolidat…

BSE Filing ↗
Board MeetingPRECAM
2026
11Aug

Board Meeting

To consider and approve Unaudited Standalone and Consolidate…

BSE Filing ↗
Board MeetingPRECAM
2026
30Jul

Board Meeting

The 34th Annual General Meeting will be held on July 30, 202…

BSE Filing ↗
DividendPRECAM
2026
24Jul

₹1 / share

BSE Filing ↗
DividendPRECAM
2026
23Jul

₹1 / share

BSE Filing ↗
Board MeetingPRECAM
2026
22May

Board Meeting

The board meeting is scheduled to consider and approve audit…

BSE Filing ↗
DividendPRECAM
2025
23Jul

₹1 / share

BSE Filing ↗
Board MeetingPRECAM
2024
13Nov

Board Meeting

Consider And Approve Unaudited Standalone And Consolidated F…

BSE Filing ↗
DividendPRECAM
2024
19Jul

₹1 / share

BSE Filing ↗
Board MeetingPRECAM
2024
8Feb

Board Meeting

To consider and approve Unaudited Standalone and Consolidate…

BSE Filing ↗
Board MeetingPRECAM
2023
9Nov

Board Meeting

Consider and approve the Unaudited Standalone and Consolidat…

BSE Filing ↗
Board MeetingPRECAM
2023
18Oct

Board Meeting

Consideration and approval of Prior intimation regarding Boa…

BSE Filing ↗
Board MeetingPRECAM
2023
10Aug

Board Meeting

Consider and approve Standalone and Consolidated Financial R…

BSE Filing ↗