Precision Wires India Ltd. has announced a final dividend of ₹0.55 per equity share for the financial year ending March 31, 2026. According to reports from Moneycontrol, the company's board recommended this dividend on May 25, 2026, which is subject to approval at the upcoming Annual General Meeting. The crucial ex-date is set for July 31, 2026, which is also the scheduled dispatch date for the dividend. Shareholders whose names appear in the company's register of members as of the record date will be entitled to receive this dividend.
Precision Wires maintains a consistent track record of rewarding shareholders through dividends, as reported by Moneycontrol. The company's standalone dividend per share has shown a generally positive trend over recent years: ₹1.25 for FY26, ₹1.15 for FY25, ₹1.05 for FY24, ₹0.96 for FY23, and ₹1.30 for FY22. This data indicates a steady increase in dividend payouts from March 2023 to March 2026, underscoring the company's commitment to shareholder returns, even though the March 2026 dividend was slightly lower than that of March 2022.
The dividend announcement aligns with robust financial performance for Precision Wires, according to Moneycontrol reports. For the fiscal year ending March 2026, the company reported standalone sales of ₹5,410 crore, a substantial increase from ₹4,014 crore in March 2025 and ₹3,301 crore in March 2024. Concurrently, standalone net profit demonstrated strong upward momentum, reaching ₹155 crore in March 2026, compared to ₹90 crore in March 2025 and ₹72 crore in March 2024. The company's Basic Earnings Per Share (EPS) for March 2026 reached ₹8.58, an improvement from ₹5.04 in March 2025 and ₹4.08 in March 2024. The Net Profit Margin expanded to 2.86% in March 2026 from 2.24% in March 2025 and 2.20% in March 2024.
Despite the positive financial indicators and dividend announcement, Precision Wires shares witnessed a decline in the previous trading session, as reported by Moneycontrol. The stock closed at ₹360.20, registering a fall of 1.75%. This movement places the company's current market valuation at approximately ₹6,584.74 crore. The market capitalization reflects the company's position in the non-ferrous metals sector. Investors will be closely watching the stock's performance as it approaches the ex-dividend date, which may influence short-term trading dynamics. The long-term outlook will continue to be shaped by the company's operational growth, financial health, and future capital allocation strategies.
