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 bookMarket 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%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 65.37% | 65.37% | 65.37% | 65.37% | 65.37% | 65.37% | 65.37% | 65.37% |
| FIIs | 0.12% | 0.15%▲0.0 | 0.23%▲0.1 | 0.4%▲0.2 | 0.15%▼0.3 | 0.2%▲0.1 | 0.13%▼0.1 | 0.12%▼0.0 |
| DIIs | 0.08% | 0.08% | 0.02%▼0.1 | 0%▼0.0 | 0% | 0.01%▲0.0 | 0%▼0.0 | 0.09%▲0.1 |
| Public | 34.43% | 34.4%▼0.0 | 34.37%▼0.0 | 34.22%▼0.1 | 34.48%▲0.3 | 34.42%▼0.1 | 34.5%▲0.1 | 34.41%▼0.1 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 172.4 | 160.96 | 170.36 | 163.86 | 167.89 | 143.08 | 137.17 | 136.7 | 140.47 | 142.9 |
| Expenses | 143.02 | 129.75 | 144.61 | 137.49 | 140.54 | 126.61 | 122.05 | 120.13 | 127.9 | 130.56 |
| Operating Profit | 29.38 | 31.21 | 25.75 | 26.37 | 27.35 | 16.47 | 15.12 | 16.57 | 12.57 | 12.34 |
| OPM % | 17.04% | 19.39% | 15.12% | 16.09% | 16.29% | 11.51% | 11.02% | 12.12% | 8.95% | 8.64% |
| Net Profit | 19.86 | 23.6 | 15.32 | 18 | 18.36 | 5.36 | -34.37 | 25.63 | -42.65 | 9.58 |
| EPS ₹ | 2.09 | 2.48 | 1.61 | 1.9 | 1.93 | 0.56 | -3.62 | 2.7 | -4.49 | 1.01 |
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
- Board Meeting Intimation for Board Meeting Intimation For Approval Of Financial Results And Recommendation Of Dividend. 4m - Board meets May 22, 2026 to approve FY26 results and consider final dividend.
- Clarification On The Spurt In Volume 10 Apr - Precision Camshafts clarifies recent price movement was market-driven, with no undisclosed corporate action.
- Clarification sought from Precision Camshafts Ltd 10 Apr - Exchange has sought clarification from Precision Camshafts Ltd on April 10, 2026, with reference to Movement in Volume.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Regulation 74(5) compliance certificate filed for quarter ended March 31, 2026; no dematerialization requests received.
- SE Intimation Regarding The Partial Disruption Of The Operations At Solapur Plant. 26 Mar - Solapur plant facing temporary partial disruption due to LPG scarcity linked to Middle East conflict.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse