Income Statement Precision Electronics Limited

Stocks

PRECISIO6

INE143C01024

Communications & Networking

Market Closed - Bombay S.E. Other stock markets 06:10:28 2026-06-16 EDT			5-day change	1st Jan Change
194.80 ^INR	+2.12%		+30.26%	+1.04%

05-29	Precision Electronics Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026	CI
02-07	Precision Electronics Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2025	CI

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Published financial data: PRECISION ELECTRONICS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	415M	354M	356M	473M	471M
Other Revenues, Total	6.06M	-	5.09M	2.13M	1.8M
Total Revenues	421M	354M	361M	476M	473M
Cost of Goods Sold, Total	283M	243M	213M	294M	282M
Gross Profit	138M	111M	148M	181M	191M
Selling General & Admin Expenses, Total	68.71M	74.74M	73.21M	82.29M	83.54M
Provision for Bad Debts	-	5.22M	-	-	-
Depreciation & Amortization - (IS)	8.01M	7.35M	5M	4.94M	8.76M
Other Operating Expenses	38.92M	44.21M	61.91M	62.11M	73.15M
Other Operating Expenses, Total	116M	132M	140M	149M	165M
Operating Income	22.37M	-20.92M	7.68M	32.05M	25.7M
Interest Expense, Total	-14.21M	-24.01M	-17.68M	-17.74M	-21.82M
Interest And Investment Income	2.06M	1.22M	845K	866K	2M
Net Interest Expenses	-12.16M	-22.79M	-16.83M	-16.87M	-19.82M
Currency Exchange Gains (Loss)	-	-2.51M	-	-	-
Other Non Operating Income (Expenses)	-4.48M	28.75M	-3.92M	-3.87M	-3.99M
EBT, Excl. Unusual Items	5.73M	-17.48M	-13.07M	11.31M	1.88M
Gain (Loss) On Sale Of Assets	-256K	-121K	22.24M	-135K	-
Insurance Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	5.47M	-17.6M	9.17M	11.18M	1.88M
Income Tax Expense	-218K	-757K	9.09M	-3.4M	7.64M
Earnings From Continuing Operations	5.69M	-16.84M	81K	14.57M	-5.76M
Net Income to Company	5.69M	-16.84M	81K	14.57M	-5.76M
Net Income - (IS)	5.69M	-16.84M	81K	14.57M	-5.76M
Net Income to Common Incl Extra Items	5.69M	-16.84M	81K	14.57M	-5.76M
Net Income to Common Excl. Extra Items	5.69M	-16.84M	81K	14.57M	-5.76M
Per Share Items
Net EPS - Basic	0.41	-1.22	0.01	1.05	-0.42
Basic EPS - Continuing Operations	0.41	-1.22	0.01	1.05	-0.42
Basic Weighted Average Shares Outstanding	13.85M	13.85M	13.85M	13.85M	13.85M
Net EPS - Diluted	0.41	-1.22	0.01	1.05	-0.42
Diluted EPS - Continuing Operations	0.41	-1.22	0.01	1.05	-0.42
Diluted Weighted Average Shares Outstanding	13.85M	13.85M	13.85M	13.85M	13.85M
Normalized Basic EPS	0.26	-0.79	-0.59	0.51	0.08
Normalized Diluted EPS	0.26	-0.79	-0.59	0.51	0.08
Supplemental Items
EBITDA	30.37M	-13.58M	12.59M	36.58M	34M
EBITA	22.37M	-20.92M	7.68M	32.05M	25.7M
EBIT	22.37M	-20.92M	7.68M	32.05M	25.7M
EBITDAR	38.02M	-9.55M	15.61M	-	34.8M
Total Revenues (As Reported)	423M	388M	362M	476M	475M
Effective Tax Rate - (Ratio)	-3.98	4.3	99.12	-30.39	406.43
Total Current Taxes	-	-	0	-169K	-
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-218K	-1.05M	9.09M	-3.4M	7.64M
Normalized Net Income	3.58M	-10.92M	-8.17M	7.07M	1.18M
Non-Cash Pension Expense	853K	749K	728K	659K	699K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	6.74M	8.86M	6.96M	9.83M	7.24M
Net Rental Expense, Total	7.65M	4.03M	3.02M	-	800K
Imputed Operating Lease Interest Expense	4.79M	3.63M	2.14M	-	408K
Imputed Operating Lease Depreciation	2.86M	402K	883K	-	392K
Maintenance & Repair Expenses, Total	3.67M	1.55M	2.31M	7.61M	6.33M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	3.49M	37.46M	4.53M	5.22M	2.28M
Short Term Investments	8.38M	-	-	-	-
Total Cash And Short Term Investments	11.87M	37.46M	4.53M	5.22M	2.28M
Accounts Receivable, Total	258M	98M	122M	130M	123M
Other Receivables	593K	258K	20K	23K	32K
Total Receivables	259M	98.26M	122M	130M	123M
Inventory	137M	146M	155M	142M	201M
Prepaid Expenses	2.65M	1.7M	1.32M	2.38M	3.88M
Other Current Assets, Total	34.25M	37.47M	41.54M	64.46M	101M
Total Current Assets	444M	321M	324M	344M	432M
Gross Property Plant And Equipment	203M	203M	132M	177M	305M
Accumulated Depreciation	-126M	-133M	-102M	-106M	-114M
Net Property Plant And Equipment	76.97M	69.81M	30.23M	71.34M	190M
Long-term Investments	9.15M	-	-	-	-
Other Intangibles, Total	4.92M	-	500K	1.07M	1.83M
Deferred Tax Assets Long-Term	37.15M	38.1M	28.72M	32.05M	33.13M
Other Long-Term Assets, Total	3.19M	8.09M	3.61M	3.71M	114M
Total Assets	576M	437M	387M	452M	771M
Liabilities
Accounts Payable, Total	194M	64.21M	36.05M	61.51M	91.37M
Accrued Expenses, Total	7.7M	17.2M	10.24M	14.56M	13.6M
Short-term Borrowings	110M	127M	96.18M	98.85M	185M
Current Portion of Long-Term Debt	582K	80K	1.4M	2.36M	26.44M
Current Income Taxes Payable	-	-	290K	1.87M	-
Other Current Liabilities	6.95M	2.3M	7.86M	20.83M	23.84M
Total Current Liabilities	320M	211M	152M	200M	340M
Long-Term Debt	94.91M	81.71M	91.44M	92.99M	277M
Long-Term Leases	853K	859K	864K	868K	872K
Pension & Other Post Retirement Benefits	9.27M	10.08M	8.29M	9.55M	10.46M
Other Non Current Liabilities	1.51M	-	-1K	-	-2K
Total Liabilities	426M	304M	253M	303M	629M
Common Stock, Total	138M	138M	138M	138M	138M
Retained Earnings	11.3M	-5.26M	-4.34M	10.24M	4.47M
Comprehensive Income and Other	2.5K	3K	-17K	152K	-703K
Total Common Equity	150M	133M	134M	149M	142M
Total Equity	150M	133M	134M	149M	142M
Total Liabilities And Equity	576M	437M	387M	452M	771M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	13.85M	13.85M	13.85M	13.85M	13.85M
ECS Total Common Shares Outstanding	13.85M	13.85M	13.85M	13.85M	13.85M
Book Value / Share	10.82	9.62	9.69	10.75	10.27
Tangible Book Value	145M	133M	134M	148M	140M
Tangible Book Value Per Share	10.46	9.62	9.65	10.67	10.14
Total Debt	207M	210M	190M	195M	490M
Net Debt	195M	172M	185M	190M	487M
Debt Equivalent of Unfunded Proj. Benefit Obligation	10.79M	10.08M	8.96M	9.98M	12.24M
Debt Equivalent Oper. Leases	61.2M	32.22M	24.16M	-	6.4M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	56.33M	70.11M	77.73M	80.53M	109M
Inventories - Work In Process, Total	80.44M	75.78M	76.98M	61.74M	49.58M
Inventories - Finished Goods, Total	-	-	-	-	35.97M
Inventories - Others	-	-	-	-	6.07M
Land - (BS)	15.84M	15.84M	2.44M	2.44M	2.44M
Buildings, Total	73.93M	73.93M	20.53M	20.53M	20.53M
Machinery, Total	113M	113M	108M	154M	231M
Full Time Employees	150	140	136	135	112
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	3.38M	3.85M	3.85M

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	5.69M	-16.84M	81K	14.57M	-5.76M
Depreciation & Amortization - CF	8M	7.35M	4.91M	4.52M	8.3M
Depreciation & Amortization, Total	8M	7.35M	4.91M	4.52M	8.3M
Amortization of Deferred Charges, Total - (CF)	7.16K	-	95K	422K	454K
(Gain) Loss From Sale Of Asset	256K	121K	-22.24M	135K	-
Provision and Write-off of Bad Debts	-	-	-	-	-
Other Operating Activities, Total	21.92M	27.28M	31.25M	19.61M	21.88M
Change In Accounts Receivable	-174M	160M	-23.57M	-8.18M	6.56M
Change In Inventories	-18.01M	-9.11M	-8.83M	12.45M	-58.82M
Change In Accounts Payable	132M	-119M	-28.16M	25.46M	29.85M
Change in Other Net Operating Assets	6.58M	10.26M	-4.56M	8.3M	2.48M
Cash from Operations	-17.64M	60.01M	-51.03M	77.28M	4.95M
Capital Expenditure	-6.91M	-430K	-11.91M	-48.05M	-233M
Sale of Property, Plant, and Equipment	391K	122K	68.22M	522K	6.74M
Sale (Purchase) of Intangible assets	4.96M	4.92M	-	-	-
Investment in Marketable and Equity Securities, Total	-925K	3.06M	2.41M	-	-
Other Investing Activities, Total	2.06M	1.22M	846K	-12.64M	-46.7M
Cash from Investing	-424K	8.9M	59.57M	-60.17M	-273M
Long-Term Debt Issued, Total	29.14M	102M	35.72M	18.66M	309M
Total Debt Issued	29.14M	102M	35.72M	18.66M	309M
Long-Term Debt Repaid, Total	-	-110M	-55.6M	-13.49M	-14.68M
Total Debt Repaid	-	-110M	-55.6M	-13.49M	-14.68M
Other Financing Activities, Total	-18.69M	-27.65M	-21.6M	-21.61M	-25.81M
Cash from Financing	10.45M	-34.94M	-41.47M	-16.43M	269M
Miscellaneous Cash Flow Adjustments	-1	-	-	1K	-
Net Change in Cash	-7.62M	33.97M	-32.93M	688K	808K
Supplemental Items
Cash Interest Paid	-	27.65M	-	-	-
Cash Income Tax Paid (Refund)	-6.73M	-581K	-290K	-2.04M	-
Levered Free Cash Flow	-46.96M	26.89M	-78.27M	-9.55M	-278M
Unlevered Free Cash Flow	-38.08M	41.89M	-67.22M	1.54M	-265M
Change In Net Working Capital	58.12M	-43.13M	65.11M	-24.61M	56.66M
Net Debt Issued / Repaid	29.14M	-7.3M	-19.87M	5.18M	295M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.88	-2.58	1.17	4.78	2.63
Return on Total Capital	4.25	-3.68	1.44	6	3.29
Return On Equity %	3.85	-11.9	0.06	10.3	-3.96
Return on Common Equity	3.85	-11.9	0.06	10.3	-3.96
Margin Analysis
Gross Profit Margin %	32.75	31.25	40.96	38.14	40.42
SG&A Margin	16.31	21.12	20.29	17.3	17.67
EBITDA Margin %	7.21	-3.84	3.49	7.69	7.19
EBITA Margin %	5.31	-5.91	2.13	6.74	5.43
EBIT Margin %	5.31	-5.91	2.13	6.74	5.43
Income From Continuing Operations Margin %	1.35	-4.76	0.02	3.06	-1.22
Net Income Margin %	1.35	-4.76	0.02	3.06	-1.22
Net Avail. For Common Margin %	1.35	-4.76	0.02	3.06	-1.22
Normalized Net Income Margin	0.85	-3.09	-2.26	1.49	0.25
Levered Free Cash Flow Margin	-11.15	7.6	-21.69	-2.01	-58.89
Unlevered Free Cash Flow Margin	-9.04	11.84	-18.63	0.32	-56.01
Asset Turnover
Asset Turnover	0.87	0.7	0.88	1.13	0.77
Fixed Assets Turnover	5.41	4.82	7.21	9.36	3.61
Receivables Turnover (Average Receivables)	2.42	1.99	3.24	3.77	3.72
Inventory Turnover (Average Inventory)	2.22	1.72	1.42	1.98	1.64
Short Term Liquidity
Current Ratio	1.39	1.52	2.13	1.72	1.27
Quick Ratio	0.85	0.64	0.83	0.68	0.37
Operating Cash Flow to Current Liabilities	-0.06	0.28	-0.34	0.39	0.01
Days Sales Outstanding (Average Receivables)	150.66	183.73	112.63	97.15	98
Days Outstanding Inventory (Average Inventory)	164.61	211.98	257.49	184.75	222.45
Average Days Payable Outstanding	155.2	179.13	82.47	63.38	81.94
Cash Conversion Cycle (Average Days)	160.07	216.58	287.66	218.52	238.51
Long Term Solvency
Total Debt/Equity	137.96	157.45	141.57	131.03	344.25
Total Debt / Total Capital	57.98	61.16	58.6	56.72	77.49
LT Debt/Equity	63.93	61.98	68.82	63.05	195.47
Long-Term Debt / Total Capital	26.87	24.07	28.49	27.29	44
Total Liabilities / Total Assets	73.99	69.5	65.32	67.08	81.56
EBIT / Interest Expense	1.57	-0.87	0.43	1.81	1.18
EBITDA / Interest Expense	2.14	-0.57	0.71	2.06	1.56
(EBITDA - Capex) / Interest Expense	1.65	-0.58	0.04	-0.65	-9.12
Total Debt / EBITDA	6.81	-15.45	15.08	5.33	14.4
Net Debt / EBITDA	6.41	-12.69	14.72	5.19	14.34
Total Debt / (EBITDA - Capex)	8.81	-14.98	278.84	-17	-2.46
Net Debt / (EBITDA - Capex)	8.3	-12.3	272.19	-16.55	-2.45
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	12.06	-14.77	-6.59	31.79	-0.57
Gross Profit, 1 Yr. Growth %	-25.75	-16.18	3.38	24.5	5.37
EBITDA, 1 Yr. Growth %	-13.42	-155.85	-33.05	190.52	-7.04
EBITA, 1 Yr. Growth %	-17.34	-228.31	-32.93	317.15	-19.84
EBIT, 1 Yr. Growth %	-17.34	-228.31	-32.93	317.15	-19.84
Earnings From Cont. Operations, 1 Yr. Growth %	27.01	-395.96	-100.48	17.89K	-139.55
Net Income, 1 Yr. Growth %	27.01	-395.96	-100.48	17.89K	-139.55
Normalized Net Income, 1 Yr. Growth %	48.86	-405.1	-25.23	-186.57	-83.37
Diluted EPS Before Extra, 1 Yr. Growth %	28.12	-397.56	-100.48	17.85K	-140
Accounts Receivable, 1 Yr. Growth %	205.68	-62.06	24.05	6.73	-5.06
Inventory, 1 Yr. Growth %	15.17	6.66	6.05	-8.05	41.35
Net Property, Plant and Equip., 1 Yr. Growth %	-2.2	-9.3	-56.69	135.96	166.88
Total Assets, 1 Yr. Growth %	45.9	-24.15	-11.45	16.94	70.52
Tangible Book Value, 1 Yr. Growth %	6.8	-8.03	0.3	10.61	-5
Common Equity, 1 Yr. Growth %	2.92	-11.06	0.68	10.99	-4.45
Cash From Operations, 1 Yr. Growth %	-124.02	-440.18	-185.03	-251.46	-93.59
Capital Expenditures, 1 Yr. Growth %	-7.75	-93.78	2.67K	303.46	384.93
Levered Free Cash Flow, 1 Yr. Growth %	-241.6	-138.66	-266.09	-87.8	1.99K
Unlevered Free Cash Flow, 1 Yr. Growth %	-183.28	-169.07	-208.18	-102.29	11.9K
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	20.66	-2.97	-6.78	10.95	14.47
Gross Profit, 2 Yr. CAGR %	17.27	-22.86	5.84	12.64	14.54
EBITDA, 2 Yr. CAGR %	11.99	-37.78	-28.03	39.46	64.33
EBITA, 2 Yr. CAGR %	-17.27	-12.06	-31.36	67.27	82.86
EBIT, 2 Yr. CAGR %	-17.27	-12.06	-31.36	67.27	82.86
Earnings From Cont. Operations, 2 Yr. CAGR %	-65.36	93.89	-88.07	-6.97	743.57
Net Income, 2 Yr. CAGR %	-65.36	93.89	-88.07	-6.97	743.57
Normalized Net Income, 2 Yr. CAGR %	-67.29	113.12	51.04	-19.55	-62.06
Diluted EPS Before Extra, 2 Yr. CAGR %	-65.39	95.26	-88.06	-7.23	747.46
Accounts Receivable, 2 Yr. CAGR %	41.3	7.69	-31.4	15.06	0.67
Inventory, 2 Yr. CAGR %	0.74	10.83	6.36	-1.25	14
Net Property, Plant and Equip., 2 Yr. CAGR %	-1.94	-5.82	-37.33	1.09	150.94
Total Assets, 2 Yr. CAGR %	13.22	5.2	-18.05	1.76	41.21
Tangible Book Value, 2 Yr. CAGR %	7.52	-0.9	-3.95	5.33	2.51
Common Equity, 2 Yr. CAGR %	3.38	-4.32	-5.37	5.71	2.98
Cash From Operations, 2 Yr. CAGR %	5.45	-9.61	70.08	13.49	-68.85
Capital Expenditures, 2 Yr. CAGR %	43.58	-76.04	31.27	957.07	342.32
Levered Free Cash Flow, 2 Yr. CAGR %	432.12	-9.96	6.09	-54.99	88.63
Unlevered Free Cash Flow, 2 Yr. CAGR %	67.42	-4.28	5.27	-84.25	98.5
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	5.92	6.94	-1.36	4.62	6.97
Gross Profit, 3 Yr. CAGR %	4.25	3.29	-7.35	11.19	10.16
EBITDA, 3 Yr. CAGR %	187.1	-17.54	-28.93	14.59	21.82
EBITA, 3 Yr. CAGR %	40.73	-13.81	-34.27	25.26	30.9
EBIT, 3 Yr. CAGR %	40.73	-13.81	-34.27	25.26	30.9
Earnings From Cont. Operations, 3 Yr. CAGR %	-27.99	-29.18	-73.75	36.82	-30.05
Net Income, 3 Yr. CAGR %	-27.99	-29.18	-73.75	36.82	-30.05
Normalized Net Income, 3 Yr. CAGR %	-36.11	-31.15	50.31	25.46	-52.43
Diluted EPS Before Extra, 3 Yr. CAGR %	-28.04	-29.1	-73.66	36.82	-29.91
Accounts Receivable, 3 Yr. CAGR %	18.42	-8.84	12.89	-20.51	7.92
Inventory, 3 Yr. CAGR %	-5.38	2.68	9.22	1.32	11.29
Net Property, Plant and Equip., 3 Yr. CAGR %	-3.49	-4.46	-27.31	-2.5	39.71
Total Assets, 3 Yr. CAGR %	5.57	-0.93	-0.67	-7.74	20.87
Tangible Book Value, 3 Yr. CAGR %	-5.85	2.07	-0.5	0.67	1.77
Common Equity, 3 Yr. CAGR %	-7.37	-1.68	-2.68	-0.2	2.21
Cash From Operations, 3 Yr. CAGR %	-20.86	55.81	-11.43	63.63	-56.47
Capital Expenditures, 3 Yr. CAGR %	185.86	-49.57	16.71	90.86	715.26
Levered Free Cash Flow, 3 Yr. CAGR %	-8.74	153.09	33.14	-48.41	80.79
Unlevered Free Cash Flow, 3 Yr. CAGR %	-10.96	45.56	13.71	-70.6	62.14
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	10.33	8	0.36	10.45	4.69
Gross Profit, 5 Yr. CAGR %	3.43	-3.32	3.95	12.57	0.56
EBITDA, 5 Yr. CAGR %	42.95	-10.95	57.89	8.6	-0.62
EBITA, 5 Yr. CAGR %	5.91	9.03	-0.86	-0.38	-1.03
EBIT, 5 Yr. CAGR %	5.91	9.03	-0.86	-0.38	-1.03
Earnings From Cont. Operations, 5 Yr. CAGR %	-21.83	68.99	-64.92	-21.02	5.17
Net Income, 5 Yr. CAGR %	-21.83	68.99	-64.92	-21.02	5.17
Normalized Net Income, 5 Yr. CAGR %	-26.29	28.28	-9.86	-26.72	-13.34
Diluted EPS Before Extra, 5 Yr. CAGR %	-21.89	68.43	-64.92	-21.05	5.59
Accounts Receivable, 5 Yr. CAGR %	24.1	6.11	-4.81	0.06	7.83
Inventory, 5 Yr. CAGR %	2.08	-2.41	-0.85	1.09	11.11
Net Property, Plant and Equip., 5 Yr. CAGR %	-15.87	-6.05	-18.8	-2.28	19.32
Total Assets, 5 Yr. CAGR %	4.96	1.61	-4.6	0.14	14.34
Tangible Book Value, 5 Yr. CAGR %	-12.5	-7.53	-5.1	3.36	0.69
Common Equity, 5 Yr. CAGR %	-11.91	-8.24	-6.57	1.21	-0.46
Cash From Operations, 5 Yr. CAGR %	27.28	30.44	7.47	37.26	-41.69
Capital Expenditures, 5 Yr. CAGR %	52.15	-8.34	109.39	70.32	98.86
Levered Free Cash Flow, 5 Yr. CAGR %	78.08	-0.08	4.85	41.91	53.05
Unlevered Free Cash Flow, 5 Yr. CAGR %	67.56	15.06	4.5	-35.29	42.09