Precision Wires India Approves ₹150 Crore Preferential CCD Issue

Q1 FY27 Standalone Results YoY: Revenue at 1770 Cr vs 1104 Cr, up 60.4%. EBITDA at 84.6 Cr vs 58.9 Cr, up 43.6%. EBITDA Margin at 4.8% vs 5.3%, contraction of 50bps. PAT at 46.5 Cr vs 27.1 Cr, up 71.5%. Board approved revision of the Silvassa expansion project capacity to 4620 MT/PA from 3920 MT/PA at a project cost of Rs 38 Cr, taking effective installed capacity to 69,200 MT/PA by FY28. The company proposed issuing 150 Cr of 12% CCDs, compulsorily convertible into equity within 12-18 months, subject to approvals, and secured a 200 Cr unsecured working-capital facility from IDFC First Bank.