Skip to main content

Precision Camshafts Ltd

NSE: PRECAM BSE: 539636

Incorporated in 1992, Precision Camshafts Limited is manufacturer and supplier of camshafts in India and globally. It supplies more than 150 varieties of camshafts for passenger vehicles, tractors, light commercial vehicles and locomotive engine applications. [1]

148
52W: ₹104 — ₹263
PE 50.2 · Book ₹90.7 · +63% vs book
Market Cap₹1,402 Cr
Stock P/E50.2Price to Earnings
ROCE7.81%Return on Capital
ROE1.57%Return on Equity
Div. Yield0.66%Face Value ₹10

Strengths

  • +Company is almost debt free.
  • +Company has been maintaining a healthy dividend payout of 52.2%
  • +Company's working capital requirements have reduced from 38.7 days to 31.0 days

Weaknesses

  • The company has delivered a poor sales growth of 6.68% over past five years.
  • Company has a low return on equity of 6.03% over last 3 years.

Shareholding Pattern

Promoters65.37%
FIIs0.12%
DIIs0.09%
Public34.41%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters65.37%65.37%65.37%65.37%65.37%65.37%65.37%65.37%
FIIs0.12%0.15%0.00.23%0.10.4%0.20.15%0.30.2%0.10.13%0.10.12%0.0
DIIs0.08%0.08%0.02%0.10%0.00%0.01%0.00%0.00.09%0.1
Public34.43%34.4%0.034.37%0.034.22%0.134.48%0.334.42%0.134.5%0.134.41%0.1

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales172.4160.96170.36163.86167.89143.08137.17136.7140.47142.9
Expenses143.02129.75144.61137.49140.54126.61122.05120.13127.9130.56
Operating Profit29.3831.2125.7526.3727.3516.4715.1216.5712.5712.34
OPM %17.04%19.39%15.12%16.09%16.29%11.51%11.02%12.12%8.95%8.64%
Net Profit19.8623.615.321818.365.36-34.3725.63-42.659.58
EPS ₹2.092.481.611.91.930.56-3.622.7-4.491.01

AI Insights

Revenue Trend

TTM revenue at ₹557Cr, down 9% YoY. OPM at 10%.

Debt Position

Borrowings at ₹54Cr. Debt-to-equity ratio: 0.07x. Healthy balance sheet.

Capex Cycle

CWIP at ₹106Cr (50% of fixed assets). Significant capex underway — growth runway building.

Institutional Flow

DIIs: 0.09% (-0.03pp change). FIIs: 0.12% (+0.05pp change). Promoters hold 65.37%.

Margin & Efficiency

ROCE declining from 15% (Mar 2014) to 8% (Mar 2025). Working capital days: 31.

Valuation

PE 50.2x with 7.81% ROCE. Price is 63% above book value of ₹90.7. Dividend yield: 0.66%.

Recent Announcements