Precision Camshafts' Q1 FY 2025-26 Quarterly Results

Result Summary

• Precision Camshafts Ltd reported a 15.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 15.5%.
• Its expenses for the quarter were down by 24.1% QoQ and 21.4% YoY.
• The net profit increased 461.8% QoQ and increased 62.0% YoY.
• The earnings per share (EPS) of Precision Camshafts Ltd stood at 2 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Precision Camshafts Ltd is a reputed entity in the automotive manufacturing sector, primarily focusing on the production of camshafts. Camshafts are critical components used in the automotive industry, playing a vital role in the functioning of combustion engines. The company serves a broad spectrum of clients worldwide, supplying camshafts to major automotive manufacturers. Precision Camshafts Ltd is known for its extensive product line, including chilled cast iron, ductile iron, and hybrid camshafts. While specific recent developments for the company are not provided in this context, the company's consistent focus on innovation and maintaining high-quality manufacturing standards positions it as a key player in its industry.

Revenue

In the first quarter of FY26, Precision Camshafts Ltd reported a total income of ₹222.39 crores. This figure represents a decline compared to both the previous quarter (Q4FY25) and the same quarter in the previous year (Q1FY25), where the total income was ₹261.81 crores and ₹263.13 crores, respectively. The quarter-over-quarter (QoQ) decrease is calculated at 15.1%, while the year-over-year (YoY) decrease stands at 15.5%. These figures highlight a downward trend in revenue for the period under review. However, detailed reasons for this decline are not specified in the data.

Profitability

Precision Camshafts Ltd experienced a significant improvement in its profitability metrics in Q1FY26. The profit before tax (PBT) increased to ₹27.22 crores, up from ₹4.82 crores in Q4FY25 and ₹14.92 crores in Q1FY25. This translates to a QoQ growth of 464.7% and a YoY increase of 82.4%. After accounting for taxes, the profit after tax (PAT) stood at ₹18.82 crores for Q1FY26, showing an enhancement from ₹3.35 crores in Q4FY25 and ₹11.62 crores in Q1FY25. The PAT growth is 461.8% QoQ and 62.0% YoY. The earnings per share (EPS) for the quarter was ₹2.00, a substantial rise from ₹0.30 in the previous quarter and ₹1.20 in the corresponding quarter of the previous year, marking a QoQ increase of 566.7% and a YoY increase of 66.7%.

Operating Metrics

The financial performance of Precision Camshafts Ltd in Q1FY26 reveals notable changes in operating expenses. The total expenses for the quarter were ₹195.18 crores, a reduction from ₹256.99 crores in Q4FY25 and ₹248.21 crores in Q1FY25. The QoQ decrease in total expenses is 24.1%, while the YoY decrease is 21.4%. This reduction in expenses contributed to the improvement in profitability metrics for the quarter. Tax expenses also saw a significant increase to ₹8.40 crores in Q1FY26 from ₹1.47 crores in Q4FY25 and ₹3.30 crores in Q1FY25, representing QoQ growth of 471.4% and YoY growth of 154.5%. These metrics underline a period of increased efficiency and cost management within the company's operations during this quarter.