Precision Electronics (BSE 517258)₹178.05+4.74%Industrial Products
In the Mar 2026 quarter (standalone), Precision Electronics reported sales of ₹22.81 Cr, up 26.0% from Mar 2025, and net profit of ₹2.02 Cr, down 19.5% year on year. For the year to Mar 2026, sales were ₹79.15 Cr and net profit ₹0.60 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6.61 | 9.95 | 17.07 | 13.81 | 7.20 | 10.50 | 11.40 | 18.10 | 22.30 | 15.58 | 18.48 | 22.81 |
| Expenses | 7.03 | 10.50 | 14.81 | 11.47 | 8.59 | 11.34 | 10.37 | 13.46 | 21.47 | 15.76 | 16.91 | 18.17 |
| Operating Profit | −0.44 | −0.57 | 2.20 | 2.29 | −1.40 | −0.86 | 0.97 | 4.56 | 0.76 | −0.23 | 1.48 | 4.56 |
| OPM % | −6.9% | −5.9% | 13.0% | 16.7% | −19.6% | −8.3% | 8.6% | 25.3% | 3.5% | −1.5% | 8.1% | 20.1% |
| Other Income | 0.00 | 0.09 | 0.06 | 0.13 | 0.02 | 0.08 | 0.08 | 0.18 | 0.13 | 0.11 | 0.14 | 0.34 |
| Interest | 0.54 | 0.52 | 0.58 | 0.48 | 0.55 | 0.61 | 0.68 | 0.70 | 0.83 | 0.89 | 0.93 | 1.25 |
| Depreciation | 0.10 | 0.10 | 0.10 | 0.23 | 0.15 | 0.17 | 0.27 | 0.33 | 0.45 | 0.40 | 0.37 | 0.77 |
| Profit before tax | −1.09 | −1.11 | 1.61 | 1.72 | −2.09 | −1.57 | 0.11 | 3.75 | −0.40 | −1.42 | 0.35 | 2.88 |
| Tax % | −27.8% | −21.9% | 3.1% | 8.7% | −14.8% | −25.0% | 200.0% | 32.6% | −25.7% | −0.7% | 23.5% | 29.4% |
| Net Profit | −0.77 | −0.85 | 1.54 | 1.55 | −1.79 | −1.16 | −0.11 | 2.51 | −0.27 | −1.39 | 0.26 | 2.02 |
| EPS (Rs) | −0.55 | −0.61 | 1.11 | 1.12 | −1.29 | −0.83 | −0.08 | 1.81 | −0.19 | −1.00 | 0.18 | 1.46 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 25.82 | 24.15 | 34.45 | 29.04 | 37.31 | 41.66 | 35.46 | 35.66 | 47.44 | 47.21 | 79.15 | 79.17 |
| Expenses | 26.24 | 21.64 | 34.18 | 31.33 | 34.05 | 39.08 | 36.99 | 34.81 | 43.82 | 43.76 | 72.31 | 72.31 |
| Operating Profit | −0.50 | 2.41 | 0.12 | −2.40 | 3.15 | 2.40 | −1.62 | 0.73 | 3.46 | 3.25 | 6.58 | 6.57 |
| OPM % | −2.0% | 10.1% | 0.4% | −8.3% | 8.5% | 5.8% | −4.6% | 2.1% | 7.3% | 6.9% | 8.4% | 8.3% |
| Other Income | 0.28 | 0.33 | 0.08 | 0.08 | 0.46 | 0.82 | 3.35 | 2.83 | 0.31 | 0.37 | 0.73 | 0.72 |
| Interest | 1.05 | 1.15 | 1.47 | 2.15 | 2.41 | 1.86 | 2.75 | 2.15 | 2.15 | 2.57 | 3.93 | 3.90 |
| Depreciation | 1.18 | 1.08 | 0.94 | 0.86 | 0.81 | 0.81 | 0.74 | 0.51 | 0.50 | 0.89 | 1.97 | 1.99 |
| Profit before tax | −2.48 | 0.52 | −2.18 | −5.32 | 0.40 | 0.56 | −1.75 | 0.93 | 1.13 | 0.19 | 1.42 | 1.41 |
| Tax % | −21.1% | 125.5% | −30.6% | −11.1% | −15.4% | −3.7% | −4.0% | 98.9% | −30.4% | 422.2% | 58.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | −1.94 | −0.11 | −1.51 | −4.73 | 0.44 | 0.56 | −1.67 | 0.00 | 1.45 | −0.57 | 0.60 | 0.62 |
| EPS (Rs) | −1.40 | −0.08 | −1.09 | −3.41 | 0.31 | 0.40 | −1.20 | 0.00 | 1.04 | −0.41 | 0.43 | 0.45 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13.87 | 13.86 | 13.86 | 13.88 | 13.87 | 13.89 | 13.88 | 13.90 | 13.89 | 13.88 | 13.89 | 13.88 |
| Reserves | 16.53 | 14.42 | 6.65 | 5.02 | 0.18 | 0.72 | 1.14 | −0.54 | −0.45 | 1.05 | 0.39 | 0.96 |
| Borrowings | 6.84 | 7.38 | 9.22 | 16.29 | 18.96 | 15.49 | 21.54 | 20.83 | 18.83 | 19.45 | 48.78 | 66.32 |
| Other Liabilities | 7.70 | 9.51 | 10.54 | 13.70 | 11.87 | 9.33 | 20.97 | 9.44 | 6.35 | 10.80 | 13.99 | 25.17 |
| Total Liabilities | 44.94 | 45.17 | 40.27 | 48.89 | 44.88 | 39.43 | 57.53 | 43.63 | 38.62 | 45.18 | 77.05 | 106 |
| Fixed Assets | 19.51 | 18.27 | 9.55 | 8.57 | 8.02 | 7.88 | 7.71 | 6.99 | 3.01 | 7.25 | 14.16 | 36.01 |
| CWIP | 0.00 | 0.00 | 0.77 | 1.47 | 1.47 | 0.98 | 0.48 | 0.00 | 0.07 | 0.00 | 5.05 | 11.46 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 25.43 | 26.90 | 29.95 | 38.85 | 35.39 | 30.57 | 49.34 | 36.64 | 35.54 | 37.93 | 57.84 | 58.86 |
| Inventories | 11.78 | 12.35 | 16.47 | 16.15 | 13.49 | 11.89 | 13.70 | 14.60 | 15.48 | 14.24 | 20.13 | 17.33 |
| Trade receivables | 7.57 | 8.47 | 7.31 | 15.59 | 12.97 | 8.48 | 25.91 | 9.83 | 12.19 | 13.01 | 12.34 | 16.91 |
| Cash & equivalents | 1.14 | 0.54 | 0.51 | 0.87 | 1.10 | 1.87 | 1.20 | 4.29 | 0.75 | 2.25 | 5.84 | 8.18 |
| Total Assets | 44.94 | 45.17 | 40.27 | 48.89 | 44.88 | 39.43 | 57.53 | 43.63 | 38.62 | 45.18 | 77.05 | 106 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −3.11 | −0.54 | 1.60 | −3.57 | 1.60 | 7.35 | −1.77 | 6.01 | −5.11 | 7.74 | 0.51 | 4.03 |
| Cash from investing activity | −0.25 | 0.11 | −0.73 | −1.22 | −0.56 | 0.15 | −0.05 | 0.90 | 5.98 | −6.42 | −27.39 | −7.91 |
| Cash from financing activity | 2.96 | −0.18 | −0.43 | 4.53 | −1.17 | −6.51 | 1.05 | −3.50 | −4.16 | −1.65 | 26.92 | 3.74 |
| Net cash flow | −0.37 | −0.59 | 0.43 | −0.23 | −0.12 | 0.97 | −0.75 | 3.39 | −3.28 | −0.30 | 0.07 | −0.12 |
| Capex | 0.26 | 0.07 | 0.83 | 0.73 | 0.33 | 0.74 | 0.68 | 0.03 | 1.10 | 4.79 | 18.21 | 1.64 |
| Free cash flow | −3.35 | −0.60 | 0.79 | −4.21 | 1.31 | 7.18 | −1.90 | 6.45 | 0.52 | 3.05 | −22.14 | 2.74 |
| CFO / OP % | −157.0% | 84.0% | 37.0% | −1,923.0% | −107.0% | 250.1% | −101.0% | −366.0% | −693.0% | 217.0% | 15.0% | 65.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 100 | 120 | 110 | 165 | 163 | 83 | 227 | 101 | 125 | 100 | 95 | 78 |
| Inventory days | 467 | 550 | 1,143 | 500 | 288 | 292 | 200 | 257 | 332 | 197 | 337 | 156 |
| Days payable | 217 | 297 | 448 | 307 | 181 | 153 | 269 | 112 | 77 | 85 | 153 | 101 |
| Cash conversion cycle | 351 | 373 | 806 | 359 | 270 | 223 | 159 | 246 | 381 | 214 | 281 | 134 |
| Working capital days | 122 | 129 | 169 | 161 | 133 | 75 | 91 | 69 | 169 | 94 | 26 | −32 |
| ROCE % | 3.0% | −4.0% | 5.1% | −2.2% | −9.4% | 8.9% | 7.2% | 2.8% | 2.5% | 9.8% | 5.6% | 7.4% |
For the Mar 2026 quarter, Precision Electronics reported sales of ₹22.81 Cr, up 26.0% year on year and net profit of ₹2.02 Cr, down 19.5% year on year. The operating margin was 20.1%.
Precision Electronics' sales for the year to Mar 2026 were ₹79.15 Cr; over the last twelve months they were ₹79.17 Cr.
Net profit for the year to Mar 2026 was ₹0.60 Cr, and ₹0.62 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.45.
Precision Electronics reported borrowings of ₹66.32 Cr at Mar 2026, against cash and equivalents of ₹8.18 Cr.
Cash from operations was ₹4.03 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹2.74 Cr.