PRECISION WIRES IN chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 232.67
Dividend & Yield0.80₹ (1.09%)
Beta N/A
Market capitalization 8.79B
Operating cash flow 425.74M
ESG Scores unknown

Company description

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.

Sector: Industrials - Industry: Electrical Equipment & Parts

Financial Ratios
Quick Ratio1.09
Working Capital0.24
Return On Equity0.17
Debt To Equity0.01
Fixed Asset Ratio0
Fixed Interest Cover4.38

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 418.02M -633.48M 2.18B 448.36M
Total Cashflows From Investing Activities -467.09M -129.61M -354.3M 77.67M
Net Borrowings -98.35M 15.38M -90.52M 5M
Total Cash From Financing Activities -395M -311.16M -308.76M -378.63M
Change To Operating Activities 25.69M 20.62M -7.62M -185.5M
Issuance Of Stock
Net Income 418.27M 318.24M 393.1M 630.11M
Change In Cash -273.4M 42.45M -49.36M 124.78M
Effect Of Exchange Rate
Total Cash From Operating Activities 588.7M 483.22M 613.7M 425.75M
Depreciation 127.88M 160.99M 161.26M 151.69M
Change To Account Receivables -420.62M 277.88M -1.71B -363.92M
Other Cashflows From Financing Activities -192.58M -210.9M -148.86M -244.87M
Change To Netincome 169.53M 175.5M 193.13M 302.67M
Capital Expenditures -469.54M -119.38M -91.85M -105.56M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 646.16M 416.77M 515.47M 842.37M
Net Income 418.27M 318.24M 393.1M 630.11M
Selling General Administrative 266.44M 272.74M 273.41M 343.02M
Gross Profit 1.87B 1.66B 1.67B 2.17B
Ebit 803.43M 565.93M 623.85M 1.09B
Operating Income 803.43M 565.93M 623.85M 1.09B
Interest Expense -156.05M -156.91M -132.87M -249.01M
Income Tax Expense 227.88M 98.53M 122.36M 212.26M
Total Revenue 17.58B 15.26B 17.19B 26.9B
Cost Of Revenue 15.71B 13.6B 15.51B 24.73B
Total Other Income ExpenseNet -157.28M -149.16M -108.39M -249.01M
Net Income From Continuing Ops 418.27M 318.24M 393.1M 630.11M
Net Income Applicable To Common Shares 418.27M 318.24M 393.1M 630.11M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 3.24B 2.61B 4.7B 5.14B
Total Stockholder Equity 2.65B 2.83B 3.16B 3.65B
Other Current Liabilities 166.6M 166.39M 131.74M 188.03M
Total Assets 5.9B 5.44B 7.86B 8.79B
Common Stock 115.64M 115.64M 115.64M 115.64M
Other Current Assets 118.94M 97.79M 58.47M 197.25M
Retained Earnings 2.34B 2.52B 2.85B
Treasury Stock 11.71M 11.71M 11.71M 3.53B
Cash 332.34M 374.79M 325.43M 458.77M
Total Current Liabilities 3.02B 2.43B 4.57B 5.06B
Other Stockholder Equity 11.71M 11.71M 11.71M 3.53B
Property, Plant, and Equipment 1.23B 1.19B 1.11B 1.05B
Total Current Assets 4.64B 4.23B 6.72B 7.71B
Net Tangible Assets 2.65B 2.82B 3.16B 3.65B
Net Receivables 2.95B 2.69B 4.41B 4.77B
Accounts Payable 2.67B 2.03B 4.23B 4.68B


Insider Transactions

Here are the insider transactions of stock shares related to PRECISION WIRES IN:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Jhaveri (Satyam)D2020-02-20UNREPORTED522
Jhaveri (Satyam)D2020-02-18UNREPORTED737
Jhaveri (Satyam)D2020-02-14UNREPORTED2.3k
Jhaveri (Satyam)D2019-12-12UNREPORTED1.44k
Mehta (Milan M.)D2019-08-26Executive Vice Chairman1M
Mehta (Mahendra Ratilal)D2019-08-26Executive Chairman2M
Kothari Ventures LLPD2018-10-08Institution- Corporation4.45k
Mehta (Arjun Milan)D2018-03-21Promoter777.95k
Mehta (Nirbhay Deepak)D2017-07-03Vice President450k
Mehta (Aanchal Nirbhay)D2017-07-03Promoter50.41k
Mehta (Mahendra Ratilal)D2017-07-03Executive Chairman1M
Mehta (Arjun Milan)D2017-07-03Promoter250k
Mehta (Nirbhay Deepak)D2017-01-06Promoter400k
Mehta (Arjun Milan)D2017-01-06Promoter200k
Kothari (Ashwin Pannalal)D2016-08-30Director (Non-Executive)1.37k
Kothari (Ashwin Pannalal)D2016-08-29Director (Non-Executive)1.64k
Kothari (Ashwin Pannalal)D2016-08-26Director (Non-Executive)1.53k
Kothari (Ashwin Pannalal)D2016-08-25Director (Non-Executive)2.74k
Kothari (Ashwin Pannalal)D2016-08-24Director (Non-Executive)23.82k
Kothari (Ashwin Pannalal)D2016-08-22Director (Non-Executive)2.65k
Kothari (Ashwin Pannalal)D2016-08-19Director (Non-Executive)2.68k
Kothari (Ashwin Pannalal)D2016-08-18Director (Non-Executive)303
Kothari (Ashwin Pannalal)D2016-08-17Director (Non-Executive)820
Kothari (Ashwin Pannalal)D2016-08-16Director (Non-Executive)69.62k
Mehta (Arjun Milan)D2016-06-17Executive Vice Chairman168.97k
Mehta (Nirbhay Deepak)D2016-06-17Promoter10k
Mehta (Deepak Mahendra)D2016-06-17Wholetime Director730.26k
Kothari (Ashwin Pannalal)D2015-11-19Director (Independent)190
Mehta (Aanchal Nirbhay)D2014-06-03UNREPORTED413
Kothari (Ashwin Pannalal)D2014-04-04Director5.63k
Kothari (Ashwin Pannalal)D2014-04-03Director10.99k
Kothari (Ashwin Pannalal)D2014-04-02Director2k
Mehta (Sharda M)D2013-07-01Promoter101
Mehta (Arjun Milan)D2013-04-27Promoter2.5k
Mehta (Sujata D)D2013-04-12Promoter2.5k
Mehta (Deepak Mahendra)D2010-03-23Director35k
Galvawire Agencies Pvt LtdD2009-10-22Institution- Corporation10k
Kothari (Ashwin Pannalal)D1999-03-27Director50k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to PRECISION WIRES IN. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on PRECISION WIRES IN

Here is the result of two systematic investment strategies applied to PRECISION WIRES IN. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on PRECISION WIRES IN

The following chart shows the equity curve of the two systematic investment strategies applied to PRECISION WIRES IN:

PRECISION WIRES IN automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -46.55% on the backtest period.

Performance at glance

Performance

-46.55 %

Latent gain

-1136.5 ₹

Invested capital

2441.25 ₹

Annualized return

-11.08 %
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Momentum strategy results on PRECISION WIRES IN

This is the result of two momentum investment strategies applied to PRECISION WIRES IN. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on PRECISION WIRES IN

The following chart shows all the entries opened by the momentum investment system on PRECISION WIRES IN:

PRECISION WIRES IN momentum entries
  • The first momentum investment strategy would give -49.06% of return on PRECISION WIRES IN. That represents -2809.1₹ of latent gain with 5725.6₹ of employed capital.
  • The second momentum investment strategy would give -49.37% of return on PRECISION WIRES IN. That represents -1946.0₹ of latent gain with 3941.5₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

-49.06 %

Latent gain

-2809.1 ₹

Invested capital

5725.6 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

-49.37 %

Latent gain

-1946.0 ₹

Invested capital

3941.5 ₹

Annualized return

-13.27 %

Momentum equity curve on PRECISION WIRES IN

The following chart shows the equity curve of the two momentum strategies applied to PRECISION WIRES IN:

PRECISION WIRES IN momentum equity

Note: the dividends potentially given by PRECISION WIRES IN are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on PRECISION WIRES IN

The following chart shows the employed capital evolution of the two momentum strategies on PRECISION WIRES IN since the beginning:

PRECISION WIRES IN

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on PRECISION WIRES IN

Buy the dip entry openings on PRECISION WIRES IN

PRECISION WIRES IN

The performance achieved by the robo-advisor on PRECISION WIRES IN is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows PRECISION WIRES IN stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of PRECISION WIRES IN, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to PRECISION WIRES IN

The following chart shows the result of the investment strategy applied to PRECISION WIRES IN:

PRECISION WIRES IN

Note: the dividends potentially given by PRECISION WIRES IN are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on PRECISION WIRES IN

The following chart shows the employed capital evolution since the beginning of the investment strategy on PRECISION WIRES IN:

PRECISION WIRES IN

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on PRECISION WIRES IN

In this section, I will compare the three previous investment strategies applied to PRECISION WIRES IN.

Equity curve comparison on PRECISION WIRES IN

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

PRECISION WIRES IN investment strategy comparison

Employed capital comparison on PRECISION WIRES IN

PRECISION WIRES IN investment comparison

Performance comparison on PRECISION WIRES IN

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -46.55% -1136.5₹ 2441.25₹ -11.08%
Momentum 1 quarter -49.06% -2809.1₹ 5725.6₹ -12.39%
Momentum 2 quarters -49.37% -1946.0₹ 3941.5₹ -13.27%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

-11.08 %

Momentum 1Q

-13.27 %

Momentum 2Q

-13.27 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with PRECISION WIRES IN:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between PRECISION WIRES IN and the other stocks. There may be false positives or some missing correlated stocks. If the price of PRECISION WIRES IN does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name PRECISION WIRES IN
Country India
City Mumbai
Address Saiman House
Phone 91 22 2437 6281
Website www.precisionwires.com
FullTime employees
Industry Electrical Equipment & Parts
Sector Industrials
Exchange XNSE
Ticker PRECWIRE.XNSE
Market

PRECISION WIRES IN ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown