What we do Precision Wires India Ltd manufactures enamelled copper winding wires and insulated conductors used in electrical and electronics industries worldwide. |
Founded in 1,989 |
Market share Established leader in India's copper winding wire manufacturing with significant domestic and export presence. |
Problem solved Provides high-quality copper winding wire solutions essential for electrical devices, ensuring reliability and performance. |
Top clients or who we serve Serves electrical, electronics, and industrial equipment manufacturers; caters to B2B markets domestically and internationally. |
Key management Milan M. Mehta (Chairman and Managing Director), Deepak M. Mehta (Vice Chairman and Whole-Time Director), Sanjay Singhvi (Executive Director). |
Our journey and innovations Founded in 1989; expanded capacity multiple times; modernized plants; completed major expansion in 2024 boosting production by 9000 MT/year. |
Where we operate Operations primarily in India with exports to various global markets. |
Top products or what we offer Enamelled round and rectangular copper wires, Continuously Transposed Conductor, and insulated copper conductors. |
Top brands - |
Raw materials needed Copper wire rods and cathodes, chemicals, varnishes for insulation process. |
Raw materials supplier Supplies mainly from domestic producers like Hindalco, Vedanta, and others; plus imports. |
Recurring vs cyclical contribution Revenue mostly cyclical, tied to industrial demand and copper price fluctuations. |
Our industry position Strong market position in India with ongoing capacity expansions and modernization efforts. |
Financial highlights FY 2024-25 revenue ₹4,015 crore; PAT ₹90 crore; consistent yearly growth; robust balance sheet with low debt ratio. |
Geographical revenue split - |
Order book - |
Whats driving growth Demand from electrical and electronics sectors, capacity expansions, modernization, export stability. |
Our future plans Additional 6000 MT and 6700 MT expansions by FY 2026-27; copper recycling plant planned for 2026 to secure raw materials. |
Our green promise Focus on sustainability via copper recycling project and adherence to environmental norms. |
Our people and values Committed workforce with robust governance, diversity policies, and employee welfare initiatives. |
Key challenges ahead Global geopolitical tensions, raw material price volatility, and supply chain constraints. |
Interesting facts Largest copper winding wire producer in India with continuous modernization since 1989. |
Risks and strategy Mitigates raw material price and supply risks via back-to-back orders and strategic expansions. |
