Precision Wires India shares rallied more than 10% in early trade on Monday after the company reported a strong set of Q4 FY26 earnings, driven by sharp growth in profitability and improved operating margins.
The stock surged as much as 10.45% to ₹458.55 on the NSE and also touched a fresh 52-week high of ₹467.50 during the session.
The company reported Q4 FY26 net profit of ₹54.9 crore, marking an 85.5% jump from ₹29.6 crore reported in the corresponding quarter last year. Revenue from operations rose sharply to ₹1,743 crore compared to ₹1,046 crore in Q4 FY25, reflecting robust business growth.
EBITDA for the quarter increased to ₹85.1 crore from ₹50.6 crore in the year-ago period, while EBITDA margin improved to 4.9% from 4.8% YoY.
For the full financial year FY26, Precision Wires India reported net profit of ₹155.3 crore, up 72.4% from ₹90 crore in FY25. Revenue from operations for the year stood at ₹5,410 crore against ₹4,015 crore in the previous fiscal.
The company’s board also recommended a final dividend of ₹0.55 per share for FY26.
Investor sentiment remained strong amid continued expansion plans. The company is scaling up copper winding wire capacity and progressing with its copper rod and recycling projects, which are expected to support future growth.
At 9:49 AM, Precision Wires India shares were trading at ₹458.55, up 10.45% on the NSE.
Disclaimer: The article is for informational purposes only and should not be considered as investment advice.