India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #1,113 Deepak Mehta & family ₹2,300 Cr
- #1,113 Milan Mehta & family ₹2,300 Cr
Market Cap
₹7,475 Cr
PRECWIRE · NSE
Share Price
₹396.35
-3.07% today
Revenue
₹843 Cr
FY 2015-16 · -4.2% YoY
EBITDA
₹51.90 Cr
Margin 6.2%
Net Profit
₹16.96 Cr
FY 2015-16 · +68.6% YoY
P/E (TTM)
19.7x
P/B 1.7x
ROE
8.9%
ROCE 16.8%
Debt / Equity
0.17
Interest cover 30.8x
About Precision Wires India Limited
Data last updated:
Precision Wires India Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 23 November 1989 and has been in existence for over 37 years.
Its director Deepak Mehta and family are #1,113 among India's richest people (2026). Its director Milan Mehta and family are #1,113 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L31300MH1989PLC054356. Its GSTIN is 27AAACP7555L1ZY (Maharashtra). The company holds 14 GST registrations, of which 7 are active. Its shares are listed on BSE: 523539 and NSE: PRECWIRE.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹18.28 Cr. It is led by directors including Milan Mahendra Mehta (Managing Director) and Deepak Mahendra Mehta (Whole-Time Director).
Its last annual general meeting (AGM) was held on 09 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Saiman Hsc 2nd Flr 1st Khedgall Khed Galli Prabhadevi, Mumbai, Maharashtra, India – 400025.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹5,410.18 Cr, a growth of 34.8% compared to the previous year. For the same year it recorded a net profit of ₹153.72 Cr (net margin 2.8%) and EBITDA of ₹255.93 Cr (EBITDA margin 4.7%). The net worth stands at ₹772.34 Cr (up 34% YoY). Total assets are valued at ₹1,079.77 Cr (up 66.9% YoY).
The company has about 671 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Precision Wires. As per MCA filings, the company has open charges of ₹1,251 Cr and satisfied charges of ₹272.53 Cr on record. Court records list 27 cases involving the company, including 21 filed by the company and 6 filed against it; 1 case is pending. The company has 13 deals on record (12 market trades, 1 funding round), with disclosed funding of ₹19.44 Cr; the latest was in February 2026. Its 6 peer companies in the Manufacturing industry (Cables and Wires), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 3 smaller; the largest is Havells India Limited with revenue of ₹22,081 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2023, listing 73 overdue payments to 38 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website precisionwires.com.
Company Details of Precision Wires India Limited
CIN L31300MH1989PLC054356
Registration Number 054356
Incorporation Date 23 November 1989
ROC Mumbai
Listing Status Listed (BSE: 523539, NSE: PRECWIRE)
Company Status Active
Date of Last AGM 09 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Milan Mahendra Mehta Managing Director Deepak Mahendra Mehta Whole-Time Director Niraj Pankaj Bhukhanwala Director Recognitions & Rankings of Precision Wires India
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSaiman Hsc 2nd Flr 1st Khedgall Khed Galli Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryManufacturing, Cable & Wire
Comprehensive company report
Precision Wires India Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Associated Brands
Precision Wires India operates one associated brand: Precision Wires. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Winding wires are manufactured by Precision Wires for electrical applications. | precisionwires.com |
Business Activity
The main business activity of Precision Wires India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Precision Wires India Limited
FY 2025-26 filings availablePrecision Wires India Limited reported revenue of ₹5,410.18 Cr (up 34.8% YoY) for FY 2025-26.
Financial Highlights
FY 2015-16 · ConsolidatedRevenue
₹843 Cr
-4.2% YoY
EBITDA
₹51.90 Cr
+9.7% YoY
Profit After Tax
₹16.96 Cr
+68.6% YoY
Net Worth
₹195 Cr
+4.2% YoY
Total Assets
₹224 Cr
-0.8% YoY
Total Debt
₹27.79 Cr
-26.2% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Income statement | ||
| Revenue | 843 | 881 |
| Revenue growth | -4.2% | - |
| EBITDA | 51.90 | 47.33 |
| EBITDA margin | +6.2% | +5.4% |
| Profit before tax | 26.62 | 16.77 |
| Net profit | 16.96 | 10.06 |
| Net profit margin | +2.0% | +1.1% |
| EPS (₹) | 6.66 | 7.64 |
| Balance sheet | ||
| Total assets | 224 | 226 |
| Net worth | 195 | 187 |
| Total debt | 27.79 | 37.68 |
| Cash & bank | 17.06 | 18.20 |
| Net working capital | 134 | 141 |
| Cash flow | ||
| Cash from operations | 44.69 | 32.18 |
| Cash from investing | (18.84) | (4.77) |
| Cash from financing | (26.99) | (35.81) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5,410 | 4,015 | 3,302 | 3,034 | 2,683 | 1,719 | 1,526 |
| Revenue growth | +34.8% | +21.6% | +8.8% | +13.1% | +56.1% | +12.6% | - |
| EBITDA | 256 | 166 | 134 | 106 | 117 | 78.51 | 72.67 |
| EBITDA margin | +4.7% | +4.1% | +4.1% | +3.5% | +4.4% | +4.6% | +4.8% |
| Profit before tax | 209 | 120 | 98.81 | 81.28 | 84.23 | 51.54 | 41.66 |
| Net profit | 154 | 89.10 | 72.79 | 58.46 | 62.95 | 39.26 | 31.80 |
| Net profit margin | +2.8% | +2.2% | +2.2% | +1.9% | +2.4% | +2.3% | +2.1% |
| EPS (₹) | 8.49 | 5.04 | 4.08 | 3.33 | 5.45 | 17.00 | 13.76 |
| Balance sheet | |||||||
| Total assets | 1,080 | 647 | 609 | 473 | 392 | 344 | 320 |
| Net worth | 772 | 576 | 506 | 450 | 365 | 316 | 283 |
| Total debt | 293 | 61.51 | 98.61 | 16.17 | 22.48 | 21.98 | 31.04 |
| Cash & bank | 115 | 39.73 | 76.32 | 79.25 | 45.88 | 33.32 | 38.38 |
| Net working capital | 402 | 345 | 401 | 341 | 278 | 203 | 199 |
| Cash flow | |||||||
| Cash from operations | 273 | 168 | 59.68 | 76.66 | 42.57 | 61.37 | 48.32 |
| Cash from investing | (397) | (98.89) | (93.56) | 10.00 | 7.77 | (35.43) | (12.96) |
| Cash from financing | 199 | (103) | 28.38 | (53.44) | (37.86) | (30.88) | (31.12) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,779 | 1,763 | 1,348 | 1,237 | 1,116 | 1,054 | 982 | 1,044 |
| Revenue growth (YoY) | +59.5% | +67.2% | +37.2% | +18.6% | +16.8% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 1,695 | 1,658 | 1,272 | 1,167 | 1,057 | 995 | 942 | 1,002 |
| EBITDA | 84.64 | 104 | 75.44 | 70.34 | 58.95 | 59.15 | 40.01 | 42.27 |
| EBITDA margin | +4.8% | +6.0% | +5.6% | +5.7% | +5.3% | +5.7% | +4.1% | +4.1% |
| Depreciation | 8.28 | 7.38 | 7.13 | 6.80 | 6.06 | 6.11 | 4.64 | 4.38 |
| Interest | 14.48 | 24.83 | 16.07 | 15.12 | 16.71 | 13.46 | 10.29 | 12.01 |
| Profit before tax | 61.88 | 72.24 | 52.24 | 48.42 | 36.18 | 39.58 | 25.08 | 25.88 |
| Tax | 15.43 | 17.38 | 14.54 | 12.82 | 9.09 | 9.99 | 6.13 | 6.60 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
| Particulars | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Revenue | 843 | 881 |
| Revenue growth | -4.2% | - |
| Other income | 1.61 | 3.25 |
| Total expenses | 792 | 833 |
| Employee cost | 17.46 | 15.52 |
| EBITDA | 51.90 | 47.33 |
| EBITDA margin | +6.2% | +5.4% |
| Depreciation | 15.77 | 19.59 |
| Interest | 11.12 | 14.22 |
| Profit before tax | 26.62 | 16.77 |
| Tax | 9.57 | 6.67 |
| Net profit | 16.96 | 10.06 |
| Net profit margin | +2.0% | +1.1% |
| EPS (₹) | 6.66 | 7.64 |
| Particulars | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Equity & liabilities | ||
| Share capital | 11.56 | 11.56 |
| Reserves & surplus | 183 | 175 |
| Shareholders' funds (net worth) | 195 | 187 |
| Minority interest | 0.00 | 0.00 |
| Secured loans | 7.82 | 31.06 |
| Unsecured loans | 19.97 | 6.62 |
| Total debt | 27.79 | 37.68 |
| Total liabilities | 224 | 226 |
| Assets | ||
| Gross block | 261 | 252 |
| Net block | 80.28 | 86.85 |
| Capital work in progress | 11.94 | 2.77 |
| Investments | 1.77 | 0.00 |
| Inventories | 97.44 | 95.26 |
| Sundry debtors | 135 | 138 |
| Cash & bank balances | 17.06 | 18.20 |
| Loans & advances | 12.50 | 16.38 |
| Total current assets | 262 | 267 |
| Total current liabilities | 128 | 126 |
| Net working capital | 134 | 141 |
| Total assets | 224 | 226 |
| Particulars | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Opening cash | 18.20 | 26.60 |
| Net cash from operating activities | 44.69 | 32.18 |
| Net cash from investing activities | (18.84) | (4.77) |
| Net cash from financing activities | (26.99) | (35.81) |
| Net change in cash | (1.14) | (8.40) |
| Closing cash | 17.06 | 18.20 |
| Particulars | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Growth | ||
| Sales growth | -4.2% | - |
| EBITDA growth | +9.7% | - |
| PBT growth | +58.7% | +9997.0% |
| Net income growth | +68.6% | - |
| Profitability & leverage | ||
| Net income margin | +2.0% | +1.2% |
| Return on capital employed | +16.8% | +13.7% |
| Return on net worth | +8.9% | +5.4% |
| Debt / equity | 0.17 | 0.20 |
| Long-term debt / equity | 0.00 | 0.00 |
| Interest cover | 30.78 | 51.26 |
| Efficiency & per share | ||
| Fixed asset turnover | 3.79 | 4.04 |
| Inventory turnover | 10.10 | 10.68 |
| Debtors turnover | 7.14 | 7.40 |
| EPS (₹) | 6.66 | 7.64 |
| Dividend per share (₹) | 6.50 | 5.50 |
| Book value per share (₹) | 84.19 | 161.57 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,779 | 1,763 | 1,348 | 1,237 | 1,116 | 1,054 | 982 | 1,044 |
| Revenue growth (YoY) | +59.5% | +67.2% | +37.2% | +18.6% | +16.8% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 1,695 | 1,658 | 1,272 | 1,167 | 1,057 | 995 | 942 | 1,002 |
| EBITDA | 84.64 | 104 | 75.44 | 70.34 | 58.95 | 59.15 | 40.01 | 42.27 |
| EBITDA margin | +4.8% | +6.0% | +5.6% | +5.7% | +5.3% | +5.7% | +4.1% | +4.1% |
| Depreciation | 8.28 | 7.38 | 7.13 | 6.80 | 6.06 | 6.11 | 4.64 | 4.38 |
| Interest | 14.48 | 24.83 | 16.07 | 15.12 | 16.71 | 13.46 | 10.29 | 12.01 |
| Profit before tax | 61.88 | 72.24 | 52.24 | 48.42 | 36.18 | 39.58 | 25.08 | 25.88 |
| Tax | 15.43 | 17.38 | 14.54 | 12.82 | 9.09 | 9.99 | 6.13 | 6.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 5,410 | 4,015 | 3,302 | 3,034 | 2,683 | 1,719 | 1,526 |
| Revenue growth | +34.8% | +21.6% | +8.8% | +13.1% | +56.1% | +12.6% | - |
| Other income | 53.25 | 20.79 | 19.31 | 21.89 | 6.90 | 4.29 | 4.12 |
| Total expenses | 5,154 | 3,849 | 3,168 | 2,927 | 2,566 | 1,640 | 1,453 |
| Employee cost | 45.49 | 40.85 | 40.61 | 35.10 | 34.30 | 27.30 | 27.27 |
| EBITDA | 256 | 166 | 134 | 106 | 117 | 78.51 | 72.67 |
| EBITDA margin | +4.7% | +4.1% | +4.1% | +3.5% | +4.4% | +4.6% | +4.8% |
| Depreciation | 27.37 | 19.63 | 17.40 | 14.17 | 15.17 | 16.13 | 16.10 |
| Interest | 72.72 | 46.66 | 37.13 | 32.91 | 24.90 | 15.13 | 19.03 |
| Profit before tax | 209 | 120 | 98.81 | 81.28 | 84.23 | 51.54 | 41.66 |
| Tax | 53.83 | 30.33 | 25.95 | 21.79 | 21.23 | 12.24 | 9.86 |
| Net profit | 154 | 89.10 | 72.79 | 58.46 | 62.95 | 39.26 | 31.80 |
| Net profit margin | +2.8% | +2.2% | +2.2% | +1.9% | +2.4% | +2.3% | +2.1% |
| EPS (₹) | 8.49 | 5.04 | 4.08 | 3.33 | 5.45 | 17.00 | 13.76 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 18.28 | 17.87 | 17.87 | 17.87 | 11.56 | 11.56 | 11.56 |
| Reserves & surplus | 754 | 558 | 489 | 432 | 353 | 304 | 271 |
| Shareholders' funds (net worth) | 772 | 576 | 506 | 450 | 365 | 316 | 283 |
| Secured loans | 293 | 61.51 | 98.61 | 16.17 | 22.48 | 21.98 | 27.71 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.33 |
| Total debt | 293 | 61.51 | 98.61 | 16.17 | 22.48 | 21.98 | 31.04 |
| Total liabilities | 1,080 | 647 | 609 | 473 | 392 | 344 | 320 |
| Assets | |||||||
| Gross block | 607 | 486 | 408 | 371 | 350 | 347 | 352 |
| Net block | 316 | 218 | 139 | 116 | 99.50 | 110 | 115 |
| Capital work in progress | 183 | 30.04 | 19.32 | 10.27 | 5.66 | 1.62 | 3.91 |
| Investments | 177 | 56.25 | 52.07 | 5.46 | 9.32 | 28.45 | 1.48 |
| Inventories | 446 | 305 | 287 | 227 | 222 | 166 | 107 |
| Sundry debtors | 925 | 557 | 422 | 459 | 476 | 440 | 269 |
| Cash & bank balances | 115 | 39.73 | 76.32 | 79.25 | 45.88 | 33.32 | 38.38 |
| Loans & advances | 78.56 | 47.48 | 65.63 | 30.20 | 19.73 | 6.15 | 9.06 |
| Total current assets | 1,565 | 948 | 851 | 796 | 764 | 646 | 423 |
| Total current liabilities | 1,163 | 604 | 450 | 455 | 486 | 442 | 224 |
| Net working capital | 402 | 345 | 401 | 341 | 278 | 203 | 199 |
| Total assets | 1,080 | 647 | 609 | 473 | 392 | 344 | 320 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 38.74 | 72.74 | 78.25 | 45.02 | 32.54 | 37.48 | 33.23 |
| Net cash from operating activities | 273 | 168 | 59.68 | 76.66 | 42.57 | 61.37 | 48.32 |
| Net cash from investing activities | (397) | (98.89) | (93.56) | 10.00 | 7.77 | (35.43) | (12.96) |
| Net cash from financing activities | 199 | (103) | 28.38 | (53.44) | (37.86) | (30.88) | (31.12) |
| Net change in cash | 75.57 | (33.99) | (5.51) | 33.23 | 12.48 | (4.94) | 4.25 |
| Closing cash | 115 | 39.73 | 76.32 | 79.25 | 45.88 | 33.32 | 38.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +34.8% | +21.6% | +8.8% | +13.1% | +56.1% | +12.6% | - |
| EBITDA growth | +54.3% | +23.7% | +25.9% | -9.3% | +49.5% | +8.0% | - |
| PBT growth | +73.7% | +21.8% | +21.6% | -3.5% | +63.4% | +23.7% | -35.5% |
| Net income growth | +72.5% | +22.4% | +24.5% | -7.1% | +60.3% | +23.5% | - |
| Revenue CAGR (3Y) | +21.3% | +14.4% | +24.3% | +25.7% | +15.1% | +6.9% | +20.0% |
| EBITDA CAGR (3Y) | +34.0% | +12.2% | +19.5% | +13.6% | +8.1% | -2.7% | +10.5% |
| Profitability & leverage | |||||||
| Net income margin | +2.9% | +2.2% | +2.2% | +2.0% | +2.4% | +2.3% | +2.1% |
| Return on capital employed | +32.6% | +26.6% | +25.1% | +26.4% | +29.7% | +20.1% | +19.6% |
| Return on net worth | +23.0% | +16.6% | +15.2% | +14.6% | +18.5% | +13.1% | +11.6% |
| Debt / equity | 0.26 | 0.15 | 0.12 | 0.05 | 0.07 | 0.09 | 0.11 |
| Long-term debt / equity | 0.15 | 0.05 | 0.03 | 0.02 | 0.02 | 0.03 | 0.05 |
| Interest cover | 31.82 | 31.91 | 31.84 | 35.66 | 24.36 | 24.25 | 33.64 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 9.90 | 8.98 | 8.48 | 8.42 | 7.70 | 4.92 | 4.45 |
| Inventory turnover | 14.42 | 13.57 | 12.83 | 13.51 | 13.84 | 12.60 | 13.28 |
| Debtors turnover | 7.30 | 8.21 | 7.49 | 6.48 | 5.85 | 4.85 | 5.41 |
| EPS (₹) | 8.49 | 5.04 | 4.08 | 3.33 | 5.45 | 17.00 | 13.76 |
| Dividend per share (₹) | 0.00 | 1.15 | 1.05 | 0.96 | 2.70 | 5.00 | 2.50 |
| Book value per share (₹) | 42.25 | 32.25 | 28.35 | 25.20 | 31.55 | 136.65 | 122.28 |
Want more history and ratios?
You're viewing the latest exchange-filed financials for Precision Wires India Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
Board of Directors of Precision Wires India Limited
Precision Wires India has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milan Mahendra Mehta | Managing Director | 28 Aug 2015 | 11 Years 1 Months | Current |
| Niraj Pankaj Bhukhanwala Also directs: Precision Wires India Limited, Hifin Trading Co LLP, 6C Nanocarb Private Limited and 5 more | Director | 27 May 2022 | 4 Years 4 Months | Current |
| Deepak Mahendra Mehta Also directs: Precision Wires India Limited, Galvawire Agencies Private Limited | Whole-Time Director | 01 Aug 2007 | 19 Years 2 Months | Current |
| Sanjay Singhvi Also directs: Precision Wires India Limited, Shubakshi Alloh Resources LLP | Director | 10 Aug 2024 | 2 Years 2 Months | Current |
| Manoj Ghanshyam Lekhrajani Also directs: Precision Wires India Limited, Treyah Healthcare LLP, Pharmapoint (India) Private Limited and 1 more | Director | 06 Mar 2024 | 2 Years 7 Months | Current |
| Asha Morley Also directs: Precision Wires India Limited, RKB Global Limited | Director | 23 Jun 2023 | 3 Years 3 Months | Current |
Peer Comparison
Precision Wires India Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Cables and Wires), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Havells India Limited Listed | ₹22,081 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Motherson Sumi Wiring India Limited Listed | ₹9,332.2 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Finolex Cables Limited Listed | ₹5,516.31 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Pune, Maharashtra, India |
| Precision Wires India Limited this company | ₹5,410.18 Cr (FY 2026) | •••• | •••• | 34.8% | •••• | Mumbai, Maharashtra, India |
| Gupta Power Infrastructure Limited | ₹3,704.74 Cr (FY 2022) | •••• | •••• | 25.0% | •••• | Kolkata, West Bengal, India |
| Ram Ratna Wires Limited Listed | ₹3,694.55 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Mumbai, Maharashtra, India |
| Te Connectivity India Private Limited | ₹3,522.6 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
Peers are the companies nearest to Precision Wires India by revenue, above and below it, in the Manufacturing industry (Cables and Wires), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Auditor information for Precision Wires India Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Shareholding Pattern
Shareholding for the quarter ended Sep 2026: promoters hold 56.60%, foreign institutional investors hold 2.50%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 40.80%.
Sep 2026
QUARTER
56.60% Promoters
0.10% DII (Domestic Institutional)
2.50% FII (Foreign Institutional)
40.80% Retail & Others
Promoter holding - history
Now 56.60% · Sep 2026High 57.50% · Dec 2025Low 56.60% · Mar 2026
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 56.60% | 56.60% | 56.60% | 57.50% |
| Public | 43.40% | 43.40% | 43.40% | 42.50% |
Charges & Borrowings
Open charges
₹1,251 Cr
Satisfied charges
₹272.53 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Mar 2026 | Hdfc Bank Limited | ₹19.8 Cr | Open |
| 28 Nov 2025 | Others | ₹22.2 Cr | Open |
| 03 Oct 2025 | Others | ₹280 Cr | Open |
| 12 Aug 2025 | Hdfc Bank Limited | ₹34 Cr | Open |
| 12 Aug 2025 | Hdfc Bank Limited | ₹125 Cr | Open |
Total charge records: 15 View all charges
Deals & Funding
Precision Wires India Limited has 13 deals on record (12 market trades, 1 funding round), with disclosed funding of ₹19.44 Cr; the latest was in February 2026.
Total deals
13
Market trades
12
Funding round
1
Disclosed funding
₹19.44 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2026 | Market trade | ₹33.25 Cr | Buyer: NK Securities Research Private Limited Seller: NK Securities Research Private Limited |
| Sep 2024 | Market trade | ₹18.11 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Aug 2024 | Market trade | ₹17.62 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jan 2024 | Market trade | ₹12.68 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Mar 2010 | Market trade | ₹1.5 Cr | Buyer: Surat Enterprises Private Limited Seller: K.Girdharlal International Private Limited |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Precision Wires India Limited has 27 court cases on record: 21 filed by Precision Wires India, 6 filed against it. 1 case is pending and 26 are disposed.
Total cases
27
Filed by the company
21
Filed against the company
6
Pending
1
Disposed
26
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 4 | 1 |
| High courts | 12 | 2 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Company petition | Filed by the company against MSC Transformers Private Limited and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against MSC Transformers Private Limited and 1 other | Disposed |
| District court, Silvassa, DNH at Silvasa | Commercial suit | Filed by the company against Yog Systems India Limited | Disposed |
| District court, Silvassa, DNH at Silvasa | Court case (Spl. C. S.) | Filed by the company against Yog Systems India Limited | Disposed |
| District court, Silvassa, DNH at Silvasa | Court case (S.C.S.) | Filed by the company against Yog Systems India Ltd. | Disposed |
: available in the company report
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays
Precision Wires India Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 73 overdue payments to 38 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 38)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mikrotek Machines Limited | •••• | •••• | •••• |
| Sunservices Forklift Parts Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Berrio Logistics (India) Private Limited | •••• | •••• | •••• |
| Arc Parcel Service Private Limited | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Precision Wires India Limited has a workforce of 671 employees as of Jun 19, 2024.
Employee count
671
Active EPFO establishments
5
Employee growth
6.85%
: available in the company report
Recent Activity
Precision Wires India Limited has 22 board changes on record since 1992: 14 appointments and 8 cessations. The latest: Mahendra Ratilal Mehta ceased to be Director on 30 Sep 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 19.80 Cr registered on 05 Mar 2026 with Charge ID 101247358 was modified on 23 Mar 2026.
Charges
A charge with Others of Rs. 22.20 Cr registered on 28 Nov 2025 with Charge ID 101202503 was modified on 23 Mar 2026.
Charges
A charge with Others of Rs. 280.00 Cr registered on 03 Oct 2025 with Charge ID 101173035 was modified on 23 Mar 2026.
Charges
A charge with Hdfc Bank Limited of Rs. 275.00 Cr registered on 13 Feb 2020 with Charge ID 100326590 was modified on 23 Mar 2026.
Charges
A charge with Others of Rs. 425.00 Cr registered on 19 Apr 2018 with Charge ID 100176853 was modified on 23 Mar 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 19.80 Cr with Charge ID 101247358 was registered on 05 Mar 2026.
Charges
A charge with Others amounted to Rs. 22.20 Cr with Charge ID 101202503 was registered on 28 Nov 2025.
Charges
A charge registered on 08 Aug 2002 via Charge ID 90237508 with Others was fully satisfied on 17 Oct 2025.
Charges
A charge with Others amounted to Rs. 280.00 Cr with Charge ID 101173035 was registered on 03 Oct 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 34.00 Cr registered on 12 Aug 2025 with Charge ID 101150538 was modified on 18 Sep 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 125.00 Cr registered on 12 Aug 2025 with Charge ID 101150541 was modified on 18 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 34.00 Cr with Charge ID 101150538 was registered on 12 Aug 2025.
47 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Precision Wires India has 14 GST registrations: 7 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
14
Active
7
Cancelled / inactive
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP7555L1ZY | Maharashtra | Active | 01 Jul 2017 |
| 27AAACP7555L2ZX | Maharashtra | Active | 29 Sep 2017 |
| 09AAACP7555L1ZW | Uttar Pradesh | Active | 01 Jul 2017 |
| 24AAACP7555L1Z4 | Gujarat | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Precision Wires India: Company Allocates ₹150 Crore in CCDs
Precision Wires India:Starts Trial Production Of Copper Cathodes At Zaroli Plant; Full Production Anticipated In Q3 FY 2026-27 After Final Approvals.
Frequently Asked Questions
Precision Wires India is an active public limited company based in Mumbai, Maharashtra, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 23 November 1989 (37+ years old) and is registered under CIN L31300MH1989PLC054356. Listed on BSE: 523539 and NSE: PRECWIRE.
Precision Wires India reported revenue of ₹5,410.18 Cr for FY 2025-26 (up 34.8% YoY) based on standalone financials.
Precision Wires India has 6 current directors:
- Milan Mahendra Mehta - Managing Director
- Deepak Mahendra Mehta - Whole-Time Director
- Niraj Pankaj Bhukhanwala - Director
- Sanjay Singhvi - Director
- Manoj Ghanshyam Lekhrajani - Director
- Asha Morley - Director
The latest financial statements of Precision Wires India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Precision Wires India is 27AAACP7555L1ZY, registered in Maharashtra. The company has 14 GST registrations in all, of which 7 are active and 7 are cancelled or inactive. Other active GSTINs include 27AAACP7555L2ZX (Maharashtra), 09AAACP7555L1ZW (Uttar Pradesh), 24AAACP7555L1Z4 (Gujarat).
The CIN (Corporate Identification Number) of Precision Wires India is L31300MH1989PLC054356. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Precision Wires India is listed on both BSE (code: 523539) and NSE (symbol: PRECWIRE).
Precision Wires India has 27 court cases on record: 21 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
Precision Wires India was incorporated on 23 November 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Precision Wires India has 13 deals on record (12 market trades, 1 funding round), with disclosed funding of ₹19.44 Cr; the latest was in February 2026.
The peers of Precision Wires India by revenue are Havells India Limited, Motherson Sumi Wiring India Limited, Finolex Cables Limited, Gupta Power Infrastructure Limited, Ram Ratna Wires Limited and 1 more, all in the Manufacturing industry (Cables and Wires), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Mahendra Ratilal Mehta ceased to be Director on 30 Sep 2024. Pradip Roy ceased to be Director on 20 Sep 2024. Sanjay Singhvi was appointed as Director on 10 Aug 2024. Precision Wires India has 22 board changes on record in total.