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Precision Camshafts Releases Q1 FY27 Investor Presentation; Concall Set for Aug 28
Precision Camshafts Limited submitted its investor presentation for Q1 FY26-27 and announced an earnings conference call scheduled for August 28, 2026. Standalone total income for Q1 FY27 stood at Rs 173.26 Cr with a PAT margin of 8.59%, compared to Rs 162.52 Cr and 8.14% PAT margin in Q4 FY26. Among subsidiaries, Memco Engineering reported income of Rs 14.09 Cr with positive EBITDA of Rs 1.06 Cr, while EMOSS reported income of Rs 13.86 Cr with an EBITDA loss of Rs -4.57 Cr. The volume mix remained steady at 70% camshaft castings and 30% machined camshafts.
Confidence: HIGH
What changedSubmission of the detailed operational and financial presentation for Q1 FY26-27 ahead of the scheduled earnings conference call.
Why it mattersProvides granular operational data, highlighting ongoing EBITDA drag from the EV subsidiary EMOSS (Rs -4.57 Cr EBITDA) offset by stable standalone performance.
Standalone Total Income (Q1 FY27): Rs 173.26 CrStandalone PAT Margin (Q1 FY27): 8.59%EMOSS EBITDA Loss (Q1 FY27): Rs -4.57 CrMemco EBITDA (Q1 FY27): Rs 1.06 CrEarnings Concall Date: August 28, 2026
📅 Short termManagement's outlook during the August 28 earnings call on commercial vehicle electrification and export recovery will drive near-term sentiment.
📈 Long termLong-term trajectory depends on stabilizing EMOSS, expanding machined camshaft share, and executing long-term OEM contracts to offset EV disruption risks to core ICE camshafts.
⚠ Risk flags
- Persistent operating losses at EV subsidiary EMOSS (EBITDA Rs -4.57 Cr)
- Contractual pass-through lags of 3-6 months with major OEMs
Key Highlights
Standalone total income reached Rs 173.26 Cr in Q1 FY27 vs Rs 162.52 Cr in Q4 FY26
Standalone PAT margin was 8.59% for Q1 FY27 compared to 8.14% in Q4 FY26 and 15.62% in Q1 FY26
Dutch subsidiary EMOSS posted an EBITDA loss of Rs -4.57 Cr on Rs 13.86 Cr income
Memco Engineering recorded Rs 14.09 Cr income with EBITDA of Rs 1.06 Cr
Volume contribution maintained at 70% Camshaft Castings and 30% Machined Camshafts
👀 What to Watch
Track management commentary in the August 28 earnings call regarding the turnaround timeline for EMOSS and ramp-up updates on new Maruti Suzuki/M&M contracts.
Rs 160.5 Cr Revenue in Q1 FY27; Standalone PAT down 42% YoY on lower Other Income
Precision Camshafts reported a 17.4% YoY increase in standalone revenue to Rs 160.5 Cr for Q1 FY27, up from Rs 136.7 Cr. However, standalone PAT declined 42% YoY to Rs 14.88 Cr, primarily due to a significant 53% drop in Other Income, which fell from Rs 27.35 Cr to Rs 12.79 Cr. The quarter's performance was aided by an exceptional gain of Rs 3.97 Cr received as customer compensation. The company continues to manage the liquidation of its German subsidiary, MFT, which was de-consolidated in the previous fiscal year to stem losses.
Confidence: HIGH
What changedThe company reported its Q1 FY27 results showing operational revenue growth but a decline in net profitability due to a high base of non-operating income in the previous year.
Why it mattersThe results reflect the company's ongoing transition as it exits loss-making international subsidiaries (MFT Germany) and pivots toward domestic OEM programs and EV components.
Standalone Revenue (Q1 FY27): Rs 160.47 CrStandalone PAT (Q1 FY27): Rs 14.88 CrRevenue vs TTM Revenue: 21.8%Other Income (Q1 FY27): Rs 12.79 CrExceptional Gain: Rs 3.97 Cr
📅 Short termThe stock may face pressure due to the sharp YoY decline in PAT, although the underlying revenue growth from operations is a positive sign.
📈 Long termLong-term value depends on the successful ramp-up of new domestic OEM programs and the stabilization of the EV-focused EMOSS subsidiary in the Netherlands.
⚠ Risk flags
- High client concentration in passenger vehicles
- Transition risk from ICE to EV technology
- Ongoing liquidation of German subsidiary MFT
Key Highlights
Standalone Revenue from operations grew 17.4% YoY to Rs 160.47 Cr.
Standalone PAT stood at Rs 14.88 Cr, a 42% decline from Rs 25.63 Cr in Q1 FY26.
Other Income decreased by Rs 14.56 Cr compared to the same quarter last year.
Exceptional gain of Rs 3.97 Cr recorded from customer compensation in Q1 FY27.
Raw material costs increased 34% YoY to Rs 54.10 Cr, indicating margin pressure.
👀 What to Watch
Monitor the execution of new 5-6 year contracts with Maruti Suzuki and Mahindra & Mahindra starting in CY26, and the progress of the Electric Heavy Commercial Vehicle (HCV) deliveries expected in FY26.
₹1 Dividend Proposed; AGM Scheduled for July 30, 2026, to Ratify Executive Pay
Precision Camshafts (PRECAM) has scheduled its 34th Annual General Meeting for July 30, 2026, to approve a final dividend of ₹1 per share for FY26. A significant agenda item includes the ratification of executive remuneration paid in FY26 which exceeded statutory limits due to inadequate profits, largely following a ₹49.7 Cr impairment in Q2 FY26. The company is also seeking shareholder approval for executive pay in FY27 in case profits remain insufficient. Management indicates a recovery timeline of 12-18 months, supported by new OEM contracts starting in CY26.
Confidence: HIGH
What changedThe company has formalized its AGM date and dividend payout while seeking shareholder approval for executive compensation that exceeded profit-based statutory caps in the previous year.
Why it mattersThe filing confirms the dividend distribution and highlights the financial impact of the German subsidiary's liquidation, which necessitated special approvals for management pay due to reduced net profits.
Final Dividend: ₹1 per shareDividend Yield: 0.68%One-time Impairment (Q2 FY26): ₹49.7 CrCost Auditor Remuneration: ₹1,50,000TDS Document Deadline: July 23, 2026
📅 Short termThe stock is likely to remain stable with minor interest around the dividend record date; focus will be on the AGM proceedings.
📈 Long termStructural recovery depends on the successful execution of new 5-6 year OEM contracts and the stabilization of the EV component business by FY27.
⚠ Risk flags
- Executive remuneration exceeding statutory profit limits
- Recent history of large impairments (₹49.7 Cr)
- Client concentration in the passenger vehicle segment
Key Highlights
Proposed final dividend of ₹1 per equity share (10% of face value) for FY26.
Special resolution to ratify executive remuneration exceeding Section 197 limits for FY25-26.
One-time impairment of ₹49.7 Cr in Q2 FY26 cited as a reason for profit inadequacy.
Management expects gradual improvement in profitability over the next 12 to 18 months.
Deadline for submitting tax-related dividend documents is July 23, 2026.
👀 What to Watch
Investors should monitor the voting outcomes of the special resolutions regarding executive pay and track the progress of new contracts with Maruti and Mahindra starting in 2026.
Precision Camshafts Q4 Profit Jumps 38% to ₹13.2 Cr; Secures ₹1,500 Cr Lifetime Order Book
Precision Camshafts Limited (PCL) reported a strong Q4 FY26 with net profit rising 38% QoQ to ₹13.2 crores, despite a full-year impact from a ₹48.8 crore impairment charge related to its German subsidiary. The company has secured a massive ₹1,500 crore lifetime order book from major OEMs like Maruti Suzuki and Hyundai, providing long-term revenue visibility. PCL is investing ₹100-120 crores in capex over the next three years, which is expected to generate 1.5x-2x incremental revenue. Additionally, a 29 MW solar project is now operational, expected to save ₹24 crores in annual energy costs.
Key Highlights
Q4 FY26 net profit grew 38% QoQ to ₹13.2 crores with consolidated revenue at ₹205 crores.
Secured new business awards with a cumulative lifetime revenue of approximately ₹1,500 crores from leading global OEMs.
Planned capex of ₹100-120 crores over 3 years for foundry and machine shop expansion with 2x revenue potential.
Commissioned 29 MW solar power project expected to generate annual cost savings of ₹24 crores.
First electric Heavy Commercial Vehicle (e-HCV) delivered to a customer, with commercial scale-up planned for April 2027.
👀 What to Watch
Investors should view the stock positively given the strong order book visibility and significant cost-saving measures through renewable energy. Monitor the timely commencement of the Solapur facility in Q1 FY27 and the successful homologation of the e-HCV platform.
Precision Camshafts Q4 FY26 Consolidated Income Rises to ₹205.86 Cr; PAT Margins Improve
Precision Camshafts Limited (PCL) reported a consolidated total income of ₹205.86 crore for Q4 FY26, up from ₹188.48 crore in Q3 FY26. The standalone PAT margin saw a sequential improvement, rising to 8.14% from 6.27% in the previous quarter. A key operational highlight is the shift towards higher-value products, with machined camshafts now accounting for 30% of total volumes compared to 26% in Q3 FY26. The company also confirmed that MFT is no longer part of the PCL group as of this quarter.
Key Highlights
Consolidated Total Income increased to ₹205.86 crore in Q4 FY26 from ₹200.75 crore in Q4 FY25.
Standalone PAT margin improved to 8.14% in Q4 FY26, up from 6.27% in Q3 FY26.
Machined Camshaft volumes increased to 0.66 million units, improving the product mix to 30% machined vs 70% casting.
Subsidiary EMOSS contributed ₹29.45 crore to consolidated income and ₹5.26 crore to EBITDA.
Standalone Total Income grew 10.2% YoY, reaching ₹162.53 crore in Q4 FY26.
👀 What to Watch
Investors should focus on the company's successful transition toward high-margin machined components and the steady performance of its electric driveline subsidiary, EMOSS. The sequential margin recovery suggests improved operational efficiency.
Precision Camshafts Recommends ₹1 Dividend; FY26 Total Income at ₹628.78 Crore
Precision Camshafts Limited (PRECAM) has announced its financial results for FY26, reporting a total income of ₹628.78 crore, a slight decrease from ₹643.27 crore in the previous fiscal year. The Board has recommended a final dividend of ₹1.00 per equity share (10% of face value), pending shareholder approval at the AGM on July 30, 2026. The company has established July 23, 2026, as the record date for dividend eligibility and voting rights. Additionally, M/s BS & Co. LLP has been appointed as the internal auditor for the 2026-27 financial year.
Key Highlights
Recommended a final dividend of ₹1.00 per equity share (10% of face value) for FY 2025-26.
Total income for FY26 stood at ₹628.78 crore compared to ₹643.27 crore in FY25.
Revenue from operations for the full year was reported at ₹577.55 crore.
Record date for dividend entitlement and AGM voting fixed for July 23, 2026.
The 34th Annual General Meeting is scheduled for July 30, 2026, via video conferencing.
👀 What to Watch
Investors seeking the ₹1 dividend must ensure they hold shares before the record date of July 23, 2026. While the dividend provides a yield, investors should monitor the slight year-on-year decline in revenue for signs of operational headwinds.
Precision Camshafts FY26 Revenue at ₹577.5 Cr; Recommends ₹1 Dividend
Precision Camshafts (PRECAM) reported a standalone revenue of ₹577.55 crore for FY26, a decrease from ₹612.00 crore in the previous fiscal year. However, the company showed signs of recovery in Q4 FY26 with revenue rising to ₹157.48 crore compared to ₹137.17 crore in Q4 FY25. The Board has recommended a final dividend of ₹1.00 per share (10% of face value). Additionally, the company has appointed M/s BS & Co. LLP as internal auditors for FY27.
Key Highlights
Standalone Revenue from operations for FY26 stood at ₹577.55 crore vs ₹612.00 crore in FY25.
Q4 FY26 revenue grew by 14.8% year-on-year to ₹157.48 crore.
Recommended a final dividend of ₹1.00 per equity share (10% of face value) for FY26.
Total Standalone Income for the full year FY26 was ₹628.78 crore, including other income of ₹51.24 crore.
The 34th Annual General Meeting is scheduled for July 30, 2026, with a dividend cut-off date of July 23, 2026.
👀 What to Watch
Investors should note the year-on-year decline in annual revenue but focus on the sequential and quarterly growth seen in Q4. The dividend provides a steady return, making it a hold for long-term investors tracking the automotive component cycle.
Precision Camshafts Reports Partial Disruption at Solapur Plant Due to LPG Scarcity
Precision Camshafts Limited (PRECAM) has notified the exchanges of a partial disruption in manufacturing operations at its Solapur plant. The disruption is attributed to a shortage of Liquefied Petroleum Gas (LPG) caused by global energy supply chain issues linked to the Middle East conflict. While the company is actively seeking alternative sources to prevent a total shutdown, the management has described the situation as highly critical and unpredictable. This operational bottleneck could potentially impact production volumes and delivery schedules if not resolved quickly.
Key Highlights
Manufacturing operations at the Solapur plant are facing partial disruption as of March 26, 2026.
LPG supply chain issues are directly linked to geopolitical tensions in the Middle East.
Management characterizes the current LPG market availability as being in extreme scarcity.
The company is engaging with multiple suppliers to secure fuel and avoid a complete production shutdown.
👀 What to Watch
Investors should monitor the duration of this disruption closely, as prolonged production issues at the Solapur plant could negatively impact quarterly revenue. It is advisable to wait for a follow-up announcement regarding the normalization of fuel supplies before making new positions.
Precision Camshafts Q3 FY26: PAT at ₹9.58 Cr; Secures ₹1,500 Cr New Order Pipeline
Precision Camshafts (PCL) reported a significant turnaround in Q3 FY26 with a net profit of ₹9.58 crore, recovering from a ₹42 crore loss in the previous quarter. The company has secured a massive new order book with a cumulative lifetime value of ₹1,500 crore from major OEMs including Maruti Suzuki, Hyundai, and Mahindra, providing revenue visibility until 2032. To support these orders, PCL is investing ₹120 crore in a new Solapur facility and has expanded its solar power capacity to 29MW to reduce operational costs. While the EV conversion business for small commercials has slowed due to regulatory shifts, the company is pivoting towards heavy commercial vehicle electrification.
Key Highlights
Reported Q3 FY26 PAT of ₹9.58 Cr vs ₹42 Cr loss in Q2; Standalone EBITDA margin at 14%.
Secured new business worth ₹1,500 Cr lifetime value from Maruti, Hyundai, Mahindra, and Tata Motors.
Investing ₹120 Cr in a new Solapur manufacturing facility with machinery installation ending in 2026.
Commissioned 14MW solar plant, taking total capacity to 29MW to reduce operational power costs.
Order book includes 1.24 million units/year for Maruti Suzuki and 0.6 million units/year for Mahindra.
👀 What to Watch
Investors should focus on the execution of the ₹1,500 crore order book and the timely commissioning of the Solapur plant as key growth drivers. The stock remains a positive watch due to the strong recovery in profitability and long-term revenue visibility from top-tier OEMs.
Precision Camshafts Q3 FY26: Net Profit at ₹9.58 Cr; Secures ₹1,500 Cr New Order Pipeline
Precision Camshafts reported a turnaround with a Q3 FY26 net profit of ₹9.58 crore, recovering from a significant loss in the previous quarter. The company has secured a massive new order pipeline worth approximately ₹1,500 crore from major OEMs like Maruti Suzuki, Hyundai, and Mahindra, providing revenue visibility until 2032. To support this growth, PCL is investing ₹120 crore in a new Solapur facility and has expanded its solar capacity to 29 MW to reduce costs. While the EV conversion business for Tata Ace has slowed due to regulatory hurdles, the company is pivoting towards electric heavy commercial vehicles.
Key Highlights
Reported Q3 FY26 net profit of ₹9.58 crore compared to a ₹42 crore loss in the preceding quarter.
Secured new business worth ₹1,500 crore over program lifetimes, including a 12.4 lakh units/year order from Maruti Suzuki.
Investing ₹120 crore in a state-of-the-art manufacturing facility in Solapur to enhance production capacity.
Standalone EBITDA margins remained healthy at 14% on a revenue of ₹153 crore.
Commissioned 14 MW additional solar power, bringing total capacity to 29 MW for cost optimization.
👀 What to Watch
Investors should focus on the execution of the ₹1,500 crore order book and the ramp-up of the Solapur facility starting FY27. The pivot away from low-margin EV conversions toward HCVs and core ICE components suggests a more disciplined capital allocation strategy.
Precision Camshafts Q3 FY26: Standalone PAT Jumps to ₹6.27 Cr; Consolidated Revenue Dips 3.6% YoY
Precision Camshafts reported a mixed performance for Q3 FY26, with standalone operations showing resilience while consolidated figures were dragged down. Standalone PAT rose significantly to ₹6.27 crore from ₹3.74 crore YoY, supported by a 6.5% growth in standalone income. However, consolidated total income fell 3.6% YoY to ₹188.48 crore, and consolidated PAT declined to ₹4.89 crore. The company also confirmed that MFT is no longer part of the group due to insolvency, which has impacted the consolidated financial structure.
Key Highlights
Standalone PAT grew to ₹6.27 crore in Q3 FY26 compared to ₹3.74 crore in Q3 FY25.
Consolidated total income decreased to ₹188.48 crore from ₹195.50 crore in the previous year's quarter.
Total camshaft volumes increased to 2.23 million units in Q3 FY26 from 2.09 million in Q2 FY26.
EMOSS (Electric drivelines) contributed ₹23.96 crore to income but only ₹1.06 crore to EBITDA.
MFT subsidiary has been excluded from the group following insolvency proceedings.
👀 What to Watch
Investors should monitor the core standalone business which remains profitable, while watching for a turnaround in the EMOSS electric vehicle segment. The exit from the insolvent MFT unit is a long-term positive for balance sheet health despite short-term consolidated revenue pressure.
Precision Camshafts Q3 Standalone PAT Jumps 78% to ₹9.58 Cr; German Subsidiary Liquidation Impacts 9M
Precision Camshafts reported a strong standalone performance for Q3 FY26, with Net Profit rising 78.7% YoY to ₹9.58 crore despite flat revenue of ₹142.9 crore. However, the nine-month (9M) consolidated picture is marred by a significant loss of ₹7.44 crore due to exceptional items totaling ₹51.5 crore. These charges primarily relate to the total impairment of investments and loans in its German subsidiary, MFT Motoren, which has entered insolvency. While the core standalone business shows resilience and improved margins, the write-off of the German unit is a major one-time hit to the balance sheet.
Key Highlights
Standalone Q3 Net Profit increased by 78.7% YoY to ₹9.58 crore from ₹5.36 crore.
Standalone Revenue for Q3 remained nearly flat at ₹142.9 crore compared to ₹143.1 crore YoY.
Recognized a total impairment of ₹57.75 crore related to the insolvency and liquidation of German subsidiary MFT Motoren.
Exceptional items for 9M FY26 totaled a net loss of ₹51.53 crore, leading to a 9M net loss of ₹7.44 crore.
Other income for Q3 rose significantly to ₹9.82 crore from ₹0.32 crore in the previous year's quarter.
👀 What to Watch
Investors should monitor the standalone business's margin sustainability as the company moves past the German subsidiary's liquidation. While the one-time write-off is heavy, the removal of a loss-making international unit may improve long-term consolidated profitability.
Precision Camshafts Approves Q3 FY26 Standalone and Consolidated Financial Results
Precision Camshafts Limited (PRECAM) has officially approved its unaudited financial results for the quarter and nine-month period ended December 31, 2025. The Board of Directors met on February 11, 2026, to review both standalone and consolidated performance. While the specific financial figures were not detailed in the cover letter, the statutory auditors have completed their Limited Review. This announcement marks the completion of the company's regulatory reporting for the third quarter of the 2025-26 fiscal year.
Key Highlights
Board approved unaudited standalone and consolidated financial results for the period ended December 31, 2025.
The board meeting commenced at 12:30 PM and concluded at 03:45 PM on February 11, 2026.
Statutory auditors have issued a Limited Review Report for the nine-month period.
Compliance maintained under Regulation 30 and 33 of SEBI (LODR) Regulations, 2015.
👀 What to Watch
Investors should examine the detailed financial annexures to evaluate revenue growth and margin trends compared to previous quarters. Particular attention should be paid to the consolidated performance to assess the health of global operations.
Precision Camshafts Approves Q3 FY26 Unaudited Standalone and Consolidated Financial Results
Precision Camshafts Limited (PRECAM) held its board meeting on February 11, 2026, to approve the unaudited financial results for the quarter and nine months ended December 31, 2025. The board reviewed both standalone and consolidated performance, accompanied by a Limited Review Report from the statutory auditors. While the specific financial figures were not detailed in the primary notification, the approval signifies the completion of the mandatory Q3 reporting cycle. Investors should now examine the detailed financial tables for specific revenue and margin trends.
Key Highlights
Board approved unaudited standalone and consolidated financial statements for the period ended December 31, 2025.
The statutory auditors have issued a Limited Review Report for the quarter and nine-month period.
The board meeting commenced at 12:30 PM and concluded at 3:45 PM on February 11, 2026.
Results have been filed in compliance with Regulation 33 of SEBI Listing Obligations.
👀 What to Watch
Investors should review the detailed financial statements in the attached annexures to assess year-on-year growth and operational efficiency. Monitor the stock for price volatility as the market digests the specific profit and revenue figures.
Precision Camshafts Commissions 14 MWp Solar Plant, Total Capacity Reaches 29 MWp
Precision Camshafts Limited has successfully commissioned a 14 MWp captive solar power plant at its Mangalwedha facility in Solapur. This new installation is an expansion of the existing 15 MWp facility, bringing the company's total aggregate solar capacity to 29 MWp. The project is designed to supply power for captive production activities, which is expected to significantly lower electricity expenses. This move enhances the company's operational efficiency while simultaneously improving its ESG profile by reducing its carbon footprint.
Key Highlights
Commissioned a new 14 MWp captive solar power plant at Mangalwedha, Solapur
Increased total aggregate solar capacity from 15 MWp to 29 MWp
Expected to reduce electricity costs for manufacturing and production activities
Supports green energy generation and contributes to a lower corporate carbon footprint
👀 What to Watch
Investors should monitor the impact of reduced power costs on operating margins in the coming quarters. This infrastructure investment strengthens the company's long-term cost competitiveness and ESG standing.
Precision Camshafts Q2 FY'26: Loss of ₹42.65 Cr, MFT GmbH Insolvency
Precision Camshafts Limited reported a loss of ₹42.65 crores for Q2 FY'26, a stark contrast to the ₹25.6 crores profit in the previous quarter and ₹18.3 crores profit in the corresponding quarter of the previous year. This loss was primarily due to an exceptional item of ₹49.7 crores related to the impairment of investments in its step-down subsidiary, MFT GmbH, which has initiated liquidation. PCL India's stand-alone revenue stood at ₹149 crores with an EBITDA margin of 14%. The company has secured new orders worth approximately ₹1,500 crores, extending its order book up to 2032.
Key Highlights
Loss of ₹42.65 crores in Q2 FY'26
Exceptional item of ₹49.7 crores due to MFT GmbH insolvency
Stand-alone revenue of ₹149 crores with 14% EBITDA margin
New orders worth approximately ₹1,500 crores
EMOSS revenue of ₹22 crores in the current quarter
👀 What to Watch
Investors should closely monitor the impact of the MFT GmbH insolvency on future earnings and assess the progress of new order execution. Keep an eye on the performance of the e-mobility business and its contribution to overall revenue.
Precision Camshafts Investor Presentation for Quarter ended Sept 30, 2025
Precision Camshafts Limited has released its investor presentation for the quarter ended September 30, 2025. Standalone total income increased from ₹149.48 Crores in Q2 FY24-25 to ₹181.60 Crores in Q2 FY25-26. Consolidated total income increased from ₹207.98 Crores in Q2 FY24-25 to ₹238.82 Crores in Q2 FY25-26. The company highlights its global manufacturing footprint and position as a leading supplier to global OEMs.
Key Highlights
Standalone Total Income for Q2 FY26 is ₹181.60 Crores.
Consolidated Total Income for Q2 FY26 is ₹238.82 Crores.
Machine Camshafts volumes in Q2 FY26 were 0.62 Mn Units.
Camshafts Casting volumes in Q2 FY26 were 1.47 Mn Units.
Total Camshafts volumes in Q2 FY26 were 2.09 Mn Units.
👀 What to Watch
Review the investor presentation for detailed insights into Precision Camshafts' performance and future outlook. Monitor the company's revenue growth and profitability in the coming quarters.