Precision Electronics Ltd
PREC

Precision Electronics Ltd (517258)

₹32.70.46%

Key Stats

₹32.7
Day's Price Range
₹32.7
₹22.8
52-Week Price Range
₹41.45
1 Month Return-9.13 %
3 Month Return-3.67 %
1 Year Return-7.99 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 9
EPS
Rank 10
BVPS
Rank 12
Dividend Yield
Rank 5
ROE
Rank 6
3.84%
Price To Book Ratio
Rank 6
Debt To Asset
Rank 12

Company Information

Incorporated in May 79 in Haryana Precision Electronics PEL was the first venture promoted by technocrat A Kanodia an electrical engineering and business management graduate from the MIT US. It is in manufacture of PCBs and has also diversified into the field of PCMMUX. It has plants at Faridabad Harayana to manufacture single and doublesided PCBs inst. cap. : 10000 sq mtr pa. PEL manufactures PCMMUX in technical collaboration with ITI and CDoT. The plant had an installed capacity to produce 500 terminals.PCMMUX are used in the telecommunications sector for interfacing from the digital to the analogue exchange. In India the ratio of analogue to digital exchanges is 65:35 which signifies the potential for PCM terminals. As all communication links to be set up in future will be digital future demand will be very high. PEL also manufactures a variety of PCBs with an overall annual capacity of 38300 sq mtr singlesided PCBs : 10000 sq mtr doublesided plated through holes 24000 sq mtr and multilayer flexible and flexrigids : 4300 sq mtr. PEL has a technical and financial collaboration with Wagner Germany.In 1994 Precision entered into a collaboration agreement with Societe Anonyme de Telecommunication France to manufacture digital multiplexers. The company made its maiden exports in 199495. It is one of the very few companies awarded Automatic Inspection Status by DoT/TEC.The Company has been registered with the Board for Industrial Financial Reconstruction as a sick company for need based relief and concessions for financial reconstruction. IFCI has been appointed as operating agency.
OrganisationPrecision Electronics Ltd
HeadquartersNew Delhi
IndustryTelecomm Equipment & Infra Services