Precision Wires India Limited Net Assets
Precision Wires India Limited net assets. Based on the latest financial reports, Precision Wires India Limited (PRECWIRE) has net assets worth Rs7.72 Billion INR (≈ $83.53 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs22.49 Billion ≈ $243.24 Million USD) and total liabilities (Rs14.77 Billion ≈ $159.72 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore how fast is Precision Wires India Limited growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs7.72 Billion |
| % of Total Assets | 34.34% |
| Annual Growth Rate | 10.88% |
| 5-Year Change | 111.67% |
| 10-Year Change | 263.05% |
| Growth Volatility | 9.43 |
Net Assets of Precision Wires India Limited (2006–2026)
Net assets of Precision Wires India Limited from 2006 to 2026. This chart illustrates how Precision Wires India Limited's net assets have evolved over time, based on quarterly financial data. See Precision Wires India Limited balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Precision Wires India Limited (2006–2026)
The table below shows the annual net assets of Precision Wires India Limited from 2006 to 2026. For live market cap and overall valuation, see market value of Precision Wires India Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs7.72 Billion ≈ $83.53 Million |
+34.03% |
| 2025-03-31 | Rs5.76 Billion ≈ $62.32 Million |
+13.78% |
| 2024-03-31 | Rs5.06 Billion ≈ $54.77 Million |
+12.47% |
| 2023-03-31 | Rs4.50 Billion ≈ $48.70 Million |
+23.41% |
| 2022-03-31 | Rs3.65 Billion ≈ $39.46 Million |
+15.45% |
| 2021-03-31 | Rs3.16 Billion ≈ $34.18 Million |
+11.75% |
| 2020-03-31 | Rs2.83 Billion ≈ $30.58 Million |
+6.55% |
| 2019-03-31 | Rs2.65 Billion ≈ $28.71 Million |
+12.23% |
| 2018-03-31 | Rs2.37 Billion ≈ $25.58 Million |
+11.17% |
| 2017-03-31 | Rs2.13 Billion ≈ $23.01 Million |
+9.25% |
| 2016-03-31 | Rs1.95 Billion ≈ $21.06 Million |
+4.55% |
| 2015-03-31 | Rs1.86 Billion ≈ $20.14 Million |
-8.31% |
| 2014-03-31 | Rs2.03 Billion ≈ $21.97 Million |
+0.45% |
| 2013-03-31 | Rs2.02 Billion ≈ $21.87 Million |
+5.59% |
| 2012-03-31 | Rs1.91 Billion ≈ $20.71 Million |
+5.57% |
| 2011-03-31 | Rs1.81 Billion ≈ $19.62 Million |
+14.47% |
| 2010-03-31 | Rs1.58 Billion ≈ $17.14 Million |
+11.76% |
| 2009-03-31 | Rs1.42 Billion ≈ $15.33 Million |
+0.06% |
| 2008-03-31 | Rs1.42 Billion ≈ $15.33 Million |
+29.01% |
| 2007-03-31 | Rs1.10 Billion ≈ $11.88 Million |
+12.32% |
| 2006-03-31 | Rs978.07 Million ≈ $10.58 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Precision Wires India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 255541300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Precision Wires India Limited Net Assets Breakdown (March 2026)
Precision Wires India Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs2.56 Billion | 33.09% |
| Common Stock | Rs182.82 Million | 2.37% |
| Other Comprehensive Income | Rs3.86 Billion | 49.98% |
| Other Components | Rs1.13 Billion | 14.57% |
| Total Equity | Rs7.72 Billion | 100.00% |
Precision Wires India Limited Competitors by Market Cap
The table below lists competitors of Precision Wires India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
X Fab Silicon Foundries EV
PA:XFAB
|
$797.97 Million |
|
Maccura Biotechnology Co Ltd
SHE:300463
|
$798.11 Million |
|
Xinjiang Qingsong Building Materials and Chemicals Group Co Ltd
SHG:600425
|
$798.38 Million |
|
Lushang Property Co Ltd
SHG:600223
|
$798.82 Million |
|
Kelsian Group Ltd
AU:KLS
|
$797.69 Million |
|
Southern Cable Group Bhd
KLSE:0225
|
$797.53 Million |
|
Thai Vegetable Oil Public Company Limited
BK:TVO
|
$797.07 Million |
|
Railtel Corporation Of India Limited
NSE:RAILTEL
|
$797.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Precision Wires India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 5,762,394,000 to 7,723,420,000, a change of 1,961,026,000 (34.0%).
- Net income of 1,552,680,000 contributed positively to equity growth.
- Dividend payments of 217,295,000 reduced retained earnings.
- New share issuances of 626,650,000 increased equity.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.55 Billion | +20.1% |
| Dividends Paid | Rs217.29 Million | -2.81% |
| Share Issuances | Rs626.65 Million | +8.11% |
| Other Changes | Rs-1.01 Million | -0.01% |
| Total Change | Rs- | 34.03% |
Book Value vs Market Value Analysis
This analysis compares Precision Wires India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 9.47x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 64.77x to 9.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs6.23 | Rs403.60 | x |
| 2007-03-31 | Rs7.00 | Rs403.60 | x |
| 2008-03-31 | Rs8.30 | Rs403.60 | x |
| 2009-03-31 | Rs8.17 | Rs403.60 | x |
| 2010-03-31 | Rs9.14 | Rs403.60 | x |
| 2011-03-31 | Rs10.46 | Rs403.60 | x |
| 2012-03-31 | Rs11.04 | Rs403.60 | x |
| 2013-03-31 | Rs11.66 | Rs403.60 | x |
| 2014-03-31 | Rs11.71 | Rs403.60 | x |
| 2015-03-31 | Rs10.77 | Rs403.60 | x |
| 2016-03-31 | Rs11.39 | Rs403.60 | x |
| 2017-03-31 | Rs12.26 | Rs403.60 | x |
| 2018-03-31 | Rs13.64 | Rs403.60 | x |
| 2019-03-31 | Rs15.30 | Rs403.60 | x |
| 2020-03-31 | Rs16.30 | Rs403.60 | x |
| 2021-03-31 | Rs18.22 | Rs403.60 | x |
| 2022-03-31 | Rs21.04 | Rs403.60 | x |
| 2023-03-31 | Rs25.21 | Rs403.60 | x |
| 2024-03-31 | Rs28.35 | Rs403.60 | x |
| 2025-03-31 | Rs32.26 | Rs403.60 | x |
| 2026-03-31 | Rs42.63 | Rs403.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Precision Wires India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.10%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.84%
- • Asset Turnover: 2.43x
- • Equity Multiplier: 2.91x
- Recent ROE (20.10%) is above the historical average (12.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 18.45% | 5.32% | 1.35x | 2.58x | Rs82.68 Million |
| 2007 | 15.28% | 2.87% | 1.84x | 2.90x | Rs57.96 Million |
| 2008 | 12.17% | 3.00% | 1.63x | 2.49x | Rs30.76 Million |
| 2009 | 0.82% | 0.22% | 1.80x | 2.10x | Rs-130.18 Million |
| 2010 | 14.28% | 3.59% | 1.80x | 2.21x | Rs67.76 Million |
| 2011 | 17.09% | 3.55% | 1.82x | 2.64x | Rs128.61 Million |
| 2012 | 7.39% | 1.52% | 2.06x | 2.36x | Rs-50.04 Million |
| 2013 | 7.89% | 1.63% | 1.84x | 2.62x | Rs-42.65 Million |
| 2014 | 7.11% | 1.47% | 2.25x | 2.14x | Rs-58.69 Million |
| 2015 | 5.41% | 1.15% | 2.46x | 1.91x | Rs-85.81 Million |
| 2016 | 8.62% | 2.02% | 2.37x | 1.80x | Rs-27.30 Million |
| 2017 | 10.60% | 2.55% | 2.19x | 1.89x | Rs12.71 Million |
| 2018 | 15.21% | 2.70% | 2.52x | 2.24x | Rs123.32 Million |
| 2019 | 15.76% | 2.49% | 2.85x | 2.22x | Rs152.84 Million |
| 2020 | 11.25% | 2.19% | 2.68x | 1.92x | Rs35.44 Million |
| 2021 | 12.44% | 2.39% | 2.09x | 2.49x | Rs77.05 Million |
| 2022 | 17.27% | 2.47% | 2.91x | 2.41x | Rs265.23 Million |
| 2023 | 13.21% | 1.96% | 3.27x | 2.06x | Rs144.62 Million |
| 2024 | 14.39% | 2.21% | 3.11x | 2.10x | Rs222.10 Million |
| 2025 | 15.63% | 2.24% | 3.20x | 2.18x | Rs324.16 Million |
| 2026 | 20.10% | 2.84% | 2.43x | 2.91x | Rs780.34 Million |
Industry Comparison
This section compares Precision Wires India Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $12,732,359,123
- Average return on equity (ROE) among peers: 13.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Precision Wires India Limited (PRECWIRE) | Rs7.72 Billion | 18.45% | 1.91x | $797.92 Million |
| Apar Industries Limited (APARINDS) | $6.28 Billion | 17.42% | 4.19x | $6.74 Billion |
| Amara Raja Batteries Limited (ARE&M) | $25.93 Billion | 18.45% | 0.38x | $1.38 Billion |
| Bharat Bijlee Limited (BBL) | $1.16 Billion | 47.55% | 1.93x | $300.68 Million |
| CG Power and Industrial Solutions Limited (CGPOWER) | $81.98 Billion | 14.71% | 0.55x | $13.80 Billion |
| Cords Cable Industries Limited (CORDSCABLE) | $1.41 Billion | 7.55% | 1.23x | $38.97 Million |
| De Nora India Limited (DENORA) | $259.95 Million | 11.77% | 0.28x | $40.45 Million |
| Dynamic Cables Limited (DYCL) | $151.72 Million | 3.43% | 5.18x | $173.18 Million |
| Elin Electronics Limited (ELIN) | $2.28 Billion | 12.07% | 0.70x | $38.99 Million |
| Eveready Industries India Limited (EVEREADY) | $5.55 Billion | 3.50% | 1.10x | $246.08 Million |
| Exicom Tele-Systems Limited (EXICOM) | $2.32 Billion | 2.75% | 2.04x | $195.38 Million |
About Precision Wires India Limited
Precision Wires India Limited manufactures and sells insulated enamelled winding wires and other insulated electric conductors in India and internationally. The company offers enamelled round and rectangular winding wires, continuously transposed conductors, paper/mica/nomex insulated copper conductors, and submersible winding wires. It serves static and rotating electric equipment, auto-electric… Read more