Precision Camshafts Ltd

Precision Camshafts Ltd — Trading Window will remain closed from October 01, 2026, till 48 hours after declaration of Financial Results for the quarter and half year ending September 30, 2026.

Financial Performance

• Standalone total income: INR173 crores, up 6.6% QoQ.
• Standalone net profit: INR14.88 crores, up 12.5% QoQ.
• Standalone EBITDA margin: 13%.
• Standalone PAT margin: 9%.
• Consolidated revenue: INR200.8 crores, down 2.4% QoQ.
• Consolidated EBITDA margin: about 10%.
• Consolidated PAT: about 4.2%.
• MEMCO revenue: INR14.1 crores.
• EMOSS revenue: INR13.8 crores; prior quarter was INR29 crores.
• EMOSS Europe slowdown; cautious near-term outlook.

Operations & Programs

• New programs with Mahindra, Tata Motors, Maruti Suzuki started production.
• Volumes expected to ramp as customer production increases.
• Several new programs in pipeline; some to commence production in coming quarters.
• Investing ahead in capacity, automation, and technology upgrades.
• EHCV platform delivered to customer; field trials ongoing.
• Indian c-mobility focus; capacity readiness and customer relationships emphasized.

Orders & Pipeline

• Cumulative order book around INR 1,500 crores; across existing and new customers; spread over 4–5 years (not annualized).
• Healthy pipeline of new opportunities; ongoing engagement with customers.

Outlook & Strategy

• Standalone Indian business entering a period of significant opportunity; PV market growth supported.
• Investing in capacity, automation, and technology to capitalize on growth.
• Discipline on cost and capital allocation; not pursuing growth for growth's sake.
• Exploring Indian acquisition opportunities.

Q&A Highlights

• Order book size confirmed: ~INR 1,500 crores; spread over 4–5 years.
• Winding up EMOSS Europe not decided; markets dynamic; no immediate plan.
• Feedback on corporate presentation; management to consider adding more detail.
• Exploring Indian acquisition opportunities.

Risks & Watchpoints

• EMOSS Europe slowdown; subsidies pullback; slower EV commercial vehicle adoption.
• EU heavy-duty market dynamics; 4.8% share of EV trucks in H1 2026; visibility uncertain.

Meeting Details

• Date and time: August 28, 2026 at 12:00 PM
• Type: earnings call

Participants

• Key company participants: Company Secretary and Compliance Officer

Purpose

• Intimation of uploading the audio recording of the Q1 FY 2026–27 earnings call

Additional Notes

• Audio recording uploaded on the company website; transcript not mentioned

Business overview

• Niche machined components producer, including camshafts, balancer shafts, and injectors.
• Integrated electric drivelines and power solutions for heavy equipment.
• Global manufacturing footprint with strong OEM partnerships and experienced management.
• Q1 FY27 investor presentation covers quarter ended June 30, 2026.

Operational highlights

• Consolidated performance and EBITDA trends featured in the presentation.
• Earnings conference call scheduled for August 28, 2026.

Financial performance

• No explicit financial figures disclosed in this text.
• Numbers are referenced in investor presentation images not included here.

Strategic priorities & outlook

• Focus on niche components and EV driveline integration.
• Leverage global footprint and marquee OEM partnerships for growth.

Meeting Details

• Date and time: Friday, August 28, 2026, 12:00 Noon IST
• Type/mode: Earnings call (group teleconference/virtual)
• Organiser: Precision Camshafts Limited

Participants

• Whole-time Director - Business Development (company representative)

Purpose

• Discuss Operational and Financial performance for Q1 FY26-27

Financial results approved

• Approved unaudited standalone and consolidated results for quarter ended June 30, 2026.
• Approved Statutory Auditor's draft limited review reports for standalone and consolidated results.
• Auditors issued unmodified conclusions on the statements.

Exceptional items and de-consolidation

• De-consolidated MFT Germany; recognized gain of INR 935.04 lakhs.
• Foreign currency translation reserve reclassified from OCI to P&L as an exceptional item.
• Exceptional items include customer compensation and labour-code adjustments; amounts disclosed.
• Incremental employee benefit liabilities under New Labour Codes recognised; amounts disclosed.

Governance and regulatory disclosures

• CODM reviews the Group as a single operating segment; no separate segment information furnished.

Meeting Details

• Board meeting scheduled for August 11, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial statements for quarter ended June 30, 2026.
• Consider Statutory Auditor’s draft Limited Review Report (Standalone and Consolidated) for quarter ended June 30, 2026.

Other Notes

• Trading window closed from July 1, 2026; reopens 48 hours after results declaration.
• Intimation of trading window closure submitted to stock exchanges on June 26, 2026.

Record date and dividend details

• Record date fixed July 23, 2026 for entitlement to final dividend of Rs 1 per equity share.
• Dividend is subject to shareholder approval at the AGM.
• If approved, payment within 30 days from AGM declaration, subject to TDS.

Dematerialisation status

• Registrar confirms no dematerialisation/rematerialisation requests were received during the reporting quarter.