Precision Camshafts Ltd — Q1 FY27 earnings call
Summary generated by AI from the official transcript Precision Camshafts Ltd filed with BSE on 31 Aug 2026. Every statement cites a verbatim quote from that document — open any citation to read it. This is a record of what management said, not a recommendation. How we check these summaries
The short read
Precision Camshafts Limited reported standalone total income of INR173 crores for Q1 FY27, up 6.6% quarter-on-quarter, with net profit of INR14.88 crores versus INR13.2 crores in the previous quarter. Management highlighted new production starts with Mahindra, Tata Motors and Maruti Suzuki, alongside a cumulative order book of approximately INR1,500 crores spread over four to five years. The company described a slowdown at its European e-mobility subsidiary EMOSS, with revenue falling to INR13.8 crores from INR29 crores in the previous quarter, and said it is taking a cautious approach toward that business.
Numbers mentioned
Total income (standalone): INR173 crores (Q1 FY27)
p. 4
“The company's total income stood at INR173 crores, registering a growth of 6.6% compared to the last quarter.”
Karan Shah, page 4 of the filed PDF · View the filing
Net profit (standalone): INR14.88 crores (Q1 FY27)
p. 4
“the company’s net profit stood at INR14.88 crores compared to INR13.2 crores in the previous quarter, representing a growth of 12.5%.”
Karan Shah, page 4 of the filed PDF · View the filing
MEMCO revenue: INR14 crores (Q1 FY27)
p. 4
“Our subsidiary MEMCO recorded a revenue of INR14 crores during Q1 and continues to focus on strengthening relationships with key customers like Bosch, Delphi, Endress+Hauser, and a few others.”
Karan Shah, page 4 of the filed PDF · View the filing
EMOSS revenue: INR13.8 crores (Q1 FY27)
p. 4
“the business reported a revenue of INR13.8 crores during the quarter compared to INR29 crores in the previous quarter.”
Karan Shah, page 4 of the filed PDF · View the filing
Standalone EBITDA margin: 13% (Q1 FY27)
p. 5
“the total income increased by 6.6% quarter-on-quarter to INR173 crores, EBITDA margin stood at 13%, and PAT margin stood at 9%.”
Karan Shah, page 5 of the filed PDF · View the filing
Standalone PAT margin: 9% (Q1 FY27)
p. 5
“the total income increased by 6.6% quarter-on-quarter to INR173 crores, EBITDA margin stood at 13%, and PAT margin stood at 9%.”
Karan Shah, page 5 of the filed PDF · View the filing
Consolidated income: INR200.8 crores (Q1 FY27)
p. 5
“The consolidated business decreased by 2.4% and was at INR200.8 crores, EBITDA margin was about 10%, and profit after tax was about 4.2%.”
Karan Shah, page 5 of the filed PDF · View the filing
Cumulative order book: approximately INR1,500 crores
p. 6
“I think a cumulative order book of approximately INR1,500 crores is what we have overand above the existing businesses from existing as wellas new customers.”
Karan Shah, page 6 of the filed PDF · View the filing
EU electric truck registrations share: 4.8% (H1 2026)
p. 4
“In the first half of 2026, clectrically chargeable trucks only accounted for 4.8% of all new EU truck registrations.”
Karan Shah, page 4 of the filed PDF · View the filing
What management said it would do
A record of statements made on the call, in the words management used. Parakho does not forecast, endorse or assess them, and their presence here is not a view on whether they will happen.
Order book execution timeline — INR1,500 crores order book · four to five years
stated firmly by Karan Shah
p. 6
“This will be spread over four to five years, and that is what we can share at this point of time.”
Karan Shah, page 6 of the filed PDF · View the filing
Program volumes ramp-up
stated conditionally by Karan Shah
p. 3
“We expect volumes for these programs to progressively ramp up as our customers increase production.”
Karan Shah, page 3 of the filed PDF · View the filing
Capacity investment
stated firmly by Karan Shah
p. 4
“We are therefore continuing to invest in capacity, automation, and technology to take advantage of this growth.”
Karan Shah, page 4 of the filed PDF · View the filing
EMOSS business strategy
stated as an aspiration by Karan Shah
p. 6
“we arc trying our best to see what we can do to sustain itand to letit be a standalone business by itself without really requiring any support from India side.”
Karan Shah, page 6 of the filed PDF · View the filing
Q&A highlights
Management's answers to analyst questions, in Parakho's words rather than a transcript. Each row names who answered and carries the verbatim quote it was drawn from.
Management said the focus remains on India operations, including camshafts and MEMCO products, and that acquisition opportunities are being explored to grow into new products and markets.
Answered by Karan Shah
Asked by Nishit Sanghvi: Will the company focus only on camshafts or diversify into other segments?
p. 5
“We are also actively looking at acquisition opportunities within India, and that will be a way for us to grow into new products, new markets, new customers, and so on.”
Karan Shah, page 5 of the filed PDF · View the filing
Management disclosed a cumulative order book of approximately INR1,500 crores, spread over four to five years, in addition to existing businesses.
Answered by Karan Shah
Asked by Navneet Kamalia: What is the company's current outstanding order book size?
p. 6
“I think a cumulative order book of approximately INR1,500 crores is what we have overand above the existing businesses from existing as wellas new customers.”
Karan Shah, page 6 of the filed PDF · View the filing
Management said it was too early to say, citing dynamic and rapidly changing market conditions in Europe, and said it was trying to sustain the business as a standalone entity.
Answered by Karan Shah
Asked by Navneet Kamalia: Is management considering winding up the EMOSS European subsidiary as it did with a previous business?
p. 6
“Very hard to say right now, sir, because I think the markets are very dynamic.”
Karan Shah, page 6 of the filed PDF · View the filing
Risks flagged
Disruptions due to the Middle East war
p. 4
“We're happy to share these positive results despite the disruptions duc to the Middle East war.”
Karan Shah, page 4 of the filed PDF · View the filing
Slowdown in EMOSS e-mobility business in Europe
p. 4
“We have scen a slowdown in tfhe EMOSS business, and we are currently taking a cautious view on its future outlook.”
Karan Shah, page 4 of the filed PDF · View the filing
Challenging electric commercial vehicle adoption in Europe due to insufficient enabling conditions and subsidy pullback
p. 4
“The European Automobile Manufacturers' Association also continues to highlight insufficient cnabling conditions and pullback of subsidics as a constraint on adoption.”
Karan Shah, page 4 of the filed PDF · View the filing
European automotive industry restructuring pressuring OEMs and slowing customer decision-making
p. 4
“the broader European automotive industry is also going through a period of significant restructuring with OEMs under pressure to improve competitiveness, reduce costs, and rationalize investments.”
Karan Shah, page 4 of the filed PDF · View the filing
Reduced program visibility in the EV segment
p. 4
“customer decision-making in the EV segment has become slower and program visibility has reduced.”
Karan Shah, page 4 of the filed PDF · View the filing
Unprecedented conditions in Europe causing disruption
p. 6
“We have scen certain situations wnfold in Europe which were unprecedented in the last cight to nine months, which have you know, caused a lot of stir-up within the system there.”
Karan Shah, page 6 of the filed PDF · View the filing
Generated by claude-sonnet-5. Source: the transcript as filed with BSE. We link to the exchange's copy; we do not host transcripts. Parakho is a data and screening tool, not an investment adviser — nothing here is a recommendation to buy, sell or hold.