Integrated Filing — IndAS



General information about company
Scrip Code 539636
NSE Symbol PRECAM
MSEI Symbol NOTLISTED
ISIN INE484I01029
Name of company Precision Camshafts Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 27-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Manufacturing of Camshafts
Start date and time of board meeting 27-May-2025   14:00:00
End date and time of board meeting 27-May-2025   16:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-02-12
Indicate Company website link for updated RPT policy of the Company https://pclindia.in/wp-content/uploads/2025/02/Policy-on-Related-Party-Transactions-1.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable to the Company



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 1371715000 6120009000
Other income 103026000 312694000
Total income 1474741000 6432703000
2 Expenses
(a) Cost of materials consumed 444574000 1794063000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -40879000 94841000
(d) Employee benefit expense 210926000 869643000
(e) Finance costs 18859000 52165000
(f) Depreciation, depletion and amortisation expense 89785000 397499000
(f) Other Expenses
1 Other Expenses 605963000 2508547000
Total other expenses 605963000 2508547000
Total expenses 1329228000 5716758000
3 Total profit before exceptional items and tax 145513000 715945000
4 Exceptional items -363121000 -350800000
5 Total profit before tax -217608000 365145000
6 Tax expense
7 Current tax 113460000 249939000
8 Deferred tax 12606000 41633000
9 Total tax expenses 126066000 291572000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations -343674000 73573000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period -343674000 73573000
17 Other comprehensive income net of taxes 221000 2292000
18 Total Comprehensive Income for the period -343453000 75865000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 949858000 949858000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 7929352000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -3.62 0.77
Diluted earnings (loss) per share from continuing operations -3.62 0.77
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -3.62 0.77
Diluted earnings (loss) per share from continuing and discontinued operations -3.62 0.77
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 2180610000
Capital work-in-progress 568941000
Investment property 29449000
Goodwill 0
Other intangible assets 3172000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 897214000
Trade receivables, non-current 0
Loans, non-current 795655000
Other non-current financial assets 41708000
Total non-current financial assets 1734577000
Deferred tax assets (net) 0
Other non-current assets 144435000
Total non-current assets 4661184000
2 Current assets
Inventories 617215000
Current financial asset
Current investments 3122657000
Trade receivables, current 1502764000
Cash and cash equivalents 262629000
Bank balance other than cash and cash equivalents 448305000
Loans, current 0
Other current financial assets 23256000
Total current financial assets 5359611000
Current tax assets (net) 0
Other current assets 63861000
Total current assets 6040687000
3 Non-current assets classified as held for sale 62573000
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 10764444000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 949858000
Other equity 7929352000
Total equity attributable to owners of parent 8879210000
Non controlling interest
Total equity 8879210000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 14335000
Total non-current financial liabilities 14335000
Provisions, non-current 67374000
Deferred tax liabilities (net) 88266000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 169975000
Current liabilities
Current financial liabilities
Borrowings, current 709006000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 79829000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 600082000
Total Trade payable 679911000
Other current financial liabilities 184818000
Total current financial liabilities 1573735000
Other current liabilities 24386000
Provisions, current 16478000
Current tax liabilities (Net) 73549000
Deferred government grants, Current 0
Total current liabilities 1688148000
3 Liabilities directly associated with assets in disposal group classified as held for sale 27111000
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 1885234000
Total equity and liabilites 10764444000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement gains / (losses) on defined benefit plans 296000 3063000
2 Income tax effect -75000 -771000
Total Amount of items that will not be reclassified to profit and loss 221000 2292000
2 Income tax relating to items that will not be reclassified to profit or loss 0 0
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income 221000 2292000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 365145000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 52165000
Adjustments for decrease (increase) in inventories 162974000
Adjustments for decrease (increase) in trade receivables, current -138279000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 165568000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 7731000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -130001000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -7150000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 397499000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 9680000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 2725000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 6366000
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 499113000
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 1028391000
Net cash flows from (used in) operations 1393536000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 194110000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 1199426000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 11673000
Purchase of property, plant and equipment 475117000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 162400000
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 47258000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -755119000
Net cash flows from (used in) investing activities -1008905000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 117481000
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 95051000
Interest paid 52165000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -6090000
Net cash flows from (used in) financing activities -35825000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 154696000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 154696000
Cash and cash equivalents cash flow statement at beginning of period 107933000
Cash and cash equivalents cash flow statement at end of period 262629000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s M S K A & Associates Yes 31-Jul-2027


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Precision Camshafts Limited Mr. Yatin Subhash Shah Promoter, Chairman and Managing Director Remuneration Approved 17212000 17212000 2791000
2 Precision Camshafts Limited Mr. Ravindra R. Joshi Whole-time Director and Chief Financial Officer Remuneration Approved 15206000 15525000 1987000
3 Precision Camshafts Limited Mr. Karan Y. Shah Promoter, Whole-time Director Remuneration Approved 3883000 3883000 744000
4 Precision Camshafts Limited Dr.Suhasini Y. Shah Promoter, Non-Executive Director Remuneration Approved 250000 250000 450000
5 Precision Camshafts Limited Mrs.Savani A. Laddha Independent Director Remuneration Approved 250000 250000 450000
6 Precision Camshafts Limited Mr. Ameet N Dravid (w.e.f. 10.08.2024) Independent Director Remuneration Approved 250000 250000 450000
7 Precision Camshafts Limited Mr. Suhas J. Ahirrao (w.e.f. 10.08.2024) Independent Director Remuneration Approved 250000 250000 450000
8 Precision Camshafts Limited Ms. Apurva P. Joshi (w.e.f. 01.10.2024) Independent Director Remuneration Approved 250000 250000 450000
9 Precision Camshafts Limited Mrs. Anagha S. Anasingaraju (w.e.f. 10.08.2024) Independent Director Remuneration Approved 250000 250000 450000
10 Precision Camshafts Limited Mr. Tanmay M. Pethkar, Company Secretary (up to 05.01.2025) Company Secretary and Compliance Officer Remuneration Approved 208000 417000 0
11 Precision Camshafts Limited Mr. Harshal J. Kher, Company Secretary (w.e.f. 12.02.2025) Company Secretary and Compliance Officer Remuneration Approved 138000 0 66000
12 Precision Camshafts Limited Precision Foundation and Medical Research Trust Entities where KMP / RKMPnhave significant influence Any other transaction Donation 4000000 Approved 2500000 0 0
13 Precision Camshafts Limited Cams Technology Limited Entities where KMP / RKMPnhave significant influence Purchase of goods or services 50000000 Approved 3664000 0 1949000
14 Precision Camshafts Limited Memco Engineering Private Limited Entities where KMP / RKMPnhave significant influence Purchase of goods or services 20000000 Approved 8470000 50000 9377000
15 Precision Camshafts Limited PCL (International) Holding B.V. Entities where KMP / RKMPnhave significant influence Investment Approved -730000000 0 0
16 Precision Camshafts Limited PCL (International) Holding B.V. Entities where KMP / RKMPnhave significant influence Interest received Approved 14306000 0 0
Total value of transaction during the reporting period -662913000