Precision Wires India Limited Share Price and Company Fundamentals



Price
₹67.35
Change
-0.300 (-0.443%)
52 week
38.86 - 130.95

Last traded: Yesterday at 9:59 AM

Precision Wires India Limited manufactures and sells insulated enameled wires and other insulated electric conductors in India and internationally. It offers enameled round winding wires for use in electrical machines, such as motors, generators, transformers, household appliances, auto-electricals, electrical hand tools, refrigeration motors, fans, switchgears, coils and relays, ballasts, etc.; enameled rectangular copper wires; and continuously transposed conductors for use in power, furnace, and traction locomotive transformers, as well as in chokes and inductance coils. The company also provides paper, Nomex, and mica tape insulated rectangular copper conductors, as well as special conductors for various applications in oil filled power and distribution transformers, dry type transformers, high tension motors/generators, and traction equipment. It serves electrical and electronic industries. Precision Wires India Limited was incorporated in 1989 and is based in Mumbai, India.

Key Metrics

PE ratio

11.77

PB ratio

2.03

Dividend yield

1.92%

Beta

1.07

Market cap

-

Enterprise value

-

Company profile

Industry / SectorElectrical Equipment & Parts / Industrials
Websitehttps://www.precisionwires.com
Mailing addressSaiman House J. A. Raul Street Off. Sayani Road Prabhadevi Mumbai 400025 India
Phone / Fax91 22 2437 6281 / 91 22 2437 0687

Dividends

Dividend yield

1.92%

Dividend amount

₹1.30

Payout ratio

22.02%

5Y Avg. yield

2.18%

Precision Wires India Limited paid ₹1.30 dividend and the ex-dividend date was 14 Feb 2022.The dividend payout ratio is 22.02%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.PRECWIRE dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

PRECWIRE's forward dividend amount is ₹0.8 and the forward dividend yield is 1.25%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Precision Wires India Limited.

NameTitleAgeTotal Pay
Mr. Mahendra Ratilal MehtaChairman, MD & CEO928.55M
Mr. Milan Mahendra MehtaVice Chairman & MD5918.94M
Mr. C. Mohandas Ganapathi PaiCFO & GM of Fin. & Accounts64
Mr. Deepak Mahendra Mehta B.Com.Whole Time Director6511.03M
Ms. Deepika Pandey B.Com., C.S., L.L.B.Company Sec. & Compliance Officer29
Mr. Satyen JhaveriGen. Mang. of Marketing59

Profitability and management effectiveness

Profit margin

2.35%

Operating margin

3.81%

Return on assets

7.68%

Return on equity

18.51%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Precision Wires India Limited is and its enterprise value is .

The PRECWIRE's stocks Beta value is 1.07 making it 7% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Precision Wires India Limited (NSE:PRECWIRE) Frequently Asked Questions

1. What is Precision Wires India Limited's Stock Symbol?

Precision Wires India Limited trades on NSE under the ticker symbol "PRECWIRE".

2. What is Precision Wires India Limited's stock price today?

One share of PRECWIRE stock can currently be purchased for approximately ₹67.35.

3. How can I contact Precision Wires India Limited?

Precision Wires India Limited's mailing address is Saiman House J. A. Raul Street Off. Sayani Road Prabhadevi Mumbai 400025 India. The company can be reached via phone at 91 22 2437 6281.

4. What is Precision Wires India Limited's official website?

The official website of Precision Wires India Limited is https://www.precisionwires.com.