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Precision Electronics

BSE:517258
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
517258
BSE
₹449M
Market Cap
  1. Home
  2. IN
  3. Tech
Company description

Precision Electronics Limited manufactures and supplies technology products and services for healthcare, hi-tech, energy, telecom, railways, defense and security, and critical infrastructure industries in India. The last earnings update was 67 days ago. More info.


Add to Portfolio Compare Print
  • Precision Electronics has significant price volatility in the past 3 months.
517258 Share Price and Events
7 Day Returns
6.4%
BSE:517258
-1.9%
IN Communications
0.8%
IN Market
1 Year Returns
13%
BSE:517258
-28.7%
IN Communications
-0.7%
IN Market
517258 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Precision Electronics (517258) 6.4% 8.5% 15.7% 13% -18.4% 184.9%
IN Communications -1.9% -2.3% -21.2% -28.7% 131.3% 395.9%
IN Market 0.8% 2.8% 5.9% -0.7% 41.2% 72.5%
1 Year Return vs Industry and Market
  • 517258 outperformed the Communications industry which returned -28.7% over the past year.
  • 517258 outperformed the Market in India which returned -0.7% over the past year.
Price Volatility
517258
Industry
5yr Volatility vs Market

Value

 Is Precision Electronics undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Precision Electronics. This is due to cash flow or dividend data being unavailable. The share price is ₹33.9.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Precision Electronics's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Precision Electronics's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:517258 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹-1.67
BSE:517258 Share Price ** BSE (2019-04-22) in INR ₹33.9
India Communications Industry PE Ratio Median Figure of 13 Publicly-Listed Communications Companies 13.74x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Precision Electronics.

BSE:517258 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:517258 Share Price ÷ EPS (both in INR)

= 33.9 ÷ -1.67

-20.27x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Precision Electronics is loss making, we can't compare its value to the IN Communications industry average.
  • Precision Electronics is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Precision Electronics's expected growth come at a high price?
Raw Data
BSE:517258 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -20.27x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Communications Industry PEG Ratio Median Figure of 5 Publicly-Listed Communications Companies 0.78x
India Market PEG Ratio Median Figure of 585 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Precision Electronics, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Precision Electronics's assets?
Raw Data
BSE:517258 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹11.17
BSE:517258 Share Price * BSE (2019-04-22) in INR ₹33.9
India Communications Industry PB Ratio Median Figure of 18 Publicly-Listed Communications Companies 1.51x
India Market PB Ratio Median Figure of 3,628 Publicly-Listed Companies 1.11x
BSE:517258 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:517258 Share Price ÷ Book Value per Share (both in INR)

= 33.9 ÷ 11.17

3.03x

* Primary Listing of Precision Electronics.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Precision Electronics is overvalued based on assets compared to the IN Communications industry average.
X
Value checks
We assess Precision Electronics's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check)
  5. Precision Electronics has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Precision Electronics expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Precision Electronics has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.2%
Expected Communications industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Precision Electronics expected to grow at an attractive rate?
  • Unable to compare Precision Electronics's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Precision Electronics's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Precision Electronics's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:517258 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Communications Industry Earnings Growth Rate Market Cap Weighted Average 17.2%
India Communications Industry Revenue Growth Rate Market Cap Weighted Average 20.1%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:517258 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:517258 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 379 -23
2018-09-30 375 -34
2018-06-30 304 -29
2018-03-31 355 -36 -15
2017-12-31 303 1
2017-09-30 304 9
2017-06-30 296 13
2017-03-31 241 16 -1
2016-12-31 244 -29
2016-09-30 252 -21
2016-06-30 262 -19
2016-03-31 258 -5 -19

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Precision Electronics is high growth as no earnings estimate data is available.
  • Unable to determine if Precision Electronics is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:517258 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Precision Electronics Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:517258 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 -1.67
2018-09-30 -2.43
2018-06-30 -1.97
2018-03-31 -1.10
2017-12-31 0.09
2017-09-30 0.66
2017-06-30 1.03
2017-03-31 -0.09
2016-12-31 -2.07
2016-09-30 -1.50
2016-06-30 -1.38
2016-03-31 -1.41

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Precision Electronics will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 517258’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Precision Electronics's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  3. Precision Electronics's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
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Future performance checks
We assess Precision Electronics's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Precision Electronics has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Precision Electronics performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Precision Electronics's growth in the last year to its industry (Communications).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Precision Electronics does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Precision Electronics's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Precision Electronics's 1-year growth to the IN Communications industry average as it is not currently profitable.
Earnings and Revenue History
Precision Electronics's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Precision Electronics Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:517258 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 379.31 -22.93 73.93
2018-09-30 375.11 -33.53 73.23
2018-06-30 304.31 -29.13 69.43
2018-03-31 354.51 -15.23 67.23
2017-12-31 302.56 1.30 62.14
2017-09-30 303.96 9.10 60.94
2017-06-30 295.76 13.20 63.34
2017-03-31 240.86 -1.22 68.73
2016-12-31 244.32 -28.60 74.53
2016-09-30 251.52 -20.70 76.33
2016-06-30 262.10 -19.10 75.70
2016-03-31 257.72 -19.50 74.13
2015-12-31 231.93 -8.43 105.57
2015-09-30 224.43 -9.33 104.07
2015-06-30 246.03 4.37 102.87
2015-03-31 275.63 2.47 68.77
2014-12-31 234.75 -9.71 97.80
2014-09-30 213.05 -17.11 95.20
2014-06-30 162.80 -34.60 62.80
2014-03-31 132.65 -22.71 92.20
2013-12-31 234.00 41.90 86.02
2013-09-30 223.20 36.50 87.22
2013-06-30 100.40 36.40 65.20
2013-03-31 202.80 9.00 95.69
2012-12-31 309.47 -22.24 101.00
2012-09-30 363.47 -11.84 107.60
2012-06-30 360.77 -18.44 110.50

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Precision Electronics has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Precision Electronics has efficiently used its assets last year compared to the IN Communications industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Precision Electronics improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Precision Electronics's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Precision Electronics has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Precision Electronics's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Precision Electronics's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Precision Electronics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Precision Electronics's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Precision Electronics's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Precision Electronics Company Filings, last reported 3 months ago.

BSE:517258 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 155.20 187.20 4.10
2018-09-30 155.20 187.20 4.10
2018-06-30 188.44 163.51 8.55
2018-03-31 188.44 163.51 8.55
2017-12-31 190.50 104.40 5.60
2017-09-30 190.50 104.40 5.60
2017-06-30 281.58 92.46 10.25
2017-03-31 204.83 92.46 5.01
2016-12-31 258.90 80.40 6.60
2016-09-30 258.90 80.40 6.60
2016-06-30 282.50 72.00 5.30
2016-03-31 282.44 74.05 5.32
2015-12-31 280.90 69.30 10.10
2015-09-30 280.90 69.30 10.10
2015-06-30 303.40 68.53 11.29
2015-03-31 303.40 68.53 11.29
2014-12-31 291.50 56.60 14.70
2014-09-30 291.50 56.60 14.70
2014-06-30 306.00 30.60 15.10
2014-03-31 306.03 30.81 15.12
2013-12-31 313.90 22.60 35.20
2013-09-30 313.90 22.60 35.20
2013-06-30 330.20 79.20 6.90
2013-03-31 330.20 80.03 6.93
2012-12-31 279.60 70.00 5.00
2012-09-30 279.60 70.00 5.00
2012-06-30 322.67 66.27 26.20
  • Precision Electronics's level of debt (120.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (7.2% vs 120.6% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Precision Electronics has less than a year of cash runway based on current free cash flow.
  • Precision Electronics has less than a year of cash runway if free cash flow continues to grow at historical rates of 97.8% each year.
X
Financial health checks
We assess Precision Electronics's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Precision Electronics has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Precision Electronics's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Precision Electronics dividends.
If you bought ₹2,000 of Precision Electronics shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Precision Electronics's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Precision Electronics's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:517258 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Communications Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 1%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Precision Electronics has not reported any payouts.
  • Unable to verify if Precision Electronics's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Precision Electronics's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Precision Electronics has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Precision Electronics's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Precision Electronics afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Precision Electronics has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Precision Electronics's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ashok Kanodia
COMPENSATION ₹2,324,664
AGE 67
TENURE AS CEO 8.8 years
CEO Bio

Mr. Ashok Kumar Kanodia founded Precision Electronics Ltd. in 1979 and has been its Managing Director since June 05, 2010. Mr. Kanodia leadership extends to shaping National Policies and Regulations as Member of the IT/Telecom Hardware Task Force set up by the Prime Minister of India and as President of the Telecommunication Equipment Manufacturers Association (TEMA) of India. He is currently the Chairman of the Specialist group on Defense Communications and Information Warfare of the Confederation of Indian Industry (CII), an apex Forum for Industry in India and has made several contributions as industry representative in CII-Defence seminars, exhibitions and delegations around the world. Mr. Kanodia served as the Chairman of Precision Electronics Ltd. since July 27, 2015. He is one of the four industry representative in the Kelkar Committee set up by the Defense Minister 'Towards strengthening self-reliance in Defense preparedness'. He is a graduate in Electrical Engineering and Business Management from Massachusetts Institute of Technology (M.I.T.), USA.

CEO Compensation
  • Ashok's compensation has increased whilst company is loss making.
  • Ashok's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Precision Electronics management team in years:

4.7
Average Tenure
52.5
Average Age
  • The tenure for the Precision Electronics management team is about average.
Management Team

Ashok Kanodia

TITLE
MD & Director
COMPENSATION
₹2M
AGE
67
TENURE
8.8 yrs

Nikhil Kanodia

TITLE
President & Whole Time Director
COMPENSATION
₹4M
AGE
42

Jagjit Chopra

TITLE
Chief Finance Officer
AGE
49
TENURE
4.7 yrs

Veenita Puri

TITLE
Company Secretary & Compliance Officer
TENURE
3.3 yrs

Sanjay Chandra

TITLE
Senior Vice President
AGE
56
Board of Directors Tenure

Average tenure and age of the Precision Electronics board of directors in years:

4.1
Average Tenure
51
Average Age
  • The tenure for the Precision Electronics board of directors is about average.
Board of Directors

Nikhil Kanodia

TITLE
President & Whole Time Director
COMPENSATION
₹4M
AGE
42
TENURE
1.7 yrs

Rahul Goenka

TITLE
Non Executive Director
COMPENSATION
₹50K
AGE
42
TENURE
12.8 yrs

Ashok Kanodia

TITLE
MD & Director
COMPENSATION
₹2M
AGE
67
TENURE
3.7 yrs

Sharvan Kataria

TITLE
Non Executive Independent Director
COMPENSATION
₹195K
AGE
60
TENURE
8.2 yrs

Ranjna Gudoo

TITLE
Non Executive Director
COMPENSATION
₹140K
AGE
69
TENURE
4.6 yrs

Deepto Roy

TITLE
Non-Executive Director
COMPENSATION
₹18K
AGE
38
TENURE
4.6 yrs

Neeraj Bajaj

TITLE
Independent Additional Director
COMPENSATION
₹10K
TENURE
1.3 yrs

Hardeep Banga

TITLE
Non-Executive Additional Director
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • Precision Electronics insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
29. Mar 19 Sell Nikhil Kanodia Individual 27. Mar 19 27. Mar 19 -90,000 ₹33.95 ₹-3,055,499
22. Mar 19 Buy Hardeep Banga Individual 19. Mar 19 19. Mar 19 80,000 ₹31.55 ₹2,523,996
20. Mar 19 Sell Nikhil Kanodia Individual 19. Mar 19 19. Mar 19 -80,000 ₹31.55 ₹-2,523,996
03. Jan 19 Buy Hardeep Banga Individual 01. Jan 19 01. Jan 19 1,420,314 ₹39.09 ₹55,521,213
03. Jan 19 Sell Ashok Kanodia Individual 01. Jan 19 01. Jan 19 -1,377,161 ₹39.10 ₹-53,841,310
07. Dec 18 Sell Ashok Kanodia Individual 05. Dec 18 05. Dec 18 -960,000 ₹38.65 ₹-37,103,987
21. May 18 Buy Nikhil Kanodia Individual 26. Apr 18 26. Apr 18 400,147 ₹10.00 ₹4,001,443
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Management checks
We assess Precision Electronics's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Precision Electronics has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Precision Electronics Limited manufactures and supplies technology products and services for healthcare, hi-tech, energy, telecom, railways, defense and security, and critical infrastructure industries in India. It operates through two segments, Electronics & Telecommunication, and Infra Services. The company offers last mile networking products and solutions, such as multiplexers, modems, media converters, protocol converters, last mile wireless access products, and telephony solutions; antenna mast systems, including pneumatic masts, winch masts, carbon fiber masts, and antenna positioner systems; and power systems comprising power conditioning systems, AC-to-DC systems, DC-to-DC systems, and integrated power supplies. It also provides command and control systems, such as SNMPc based network management systems, centralized management units for railways, and military command and control with situational awareness; data acquisition systems, including data and voice loggers; and transmission systems for telecom/MILCOM comprising ISM-band radio modems, secure UHF-band radio systems, high capacity P2P LOS radio systems, and data optimization for wireless IP networks. In addition, the company offers capture management services; value added solutions; turnkey solutions to plan, design, build, and integrate fixed, transportable, and mobile network infrastructures; and integrated product support services, such as technical documentation services, computer based training packages, maintenance depot, product training, and obsolescence management services. Precision Electronics Limited was founded in 1979 and is headquartered in Noida, India.

Details
Name: Precision Electronics Limited
517258
Exchange: BSE
Founded: 1979
₹449,384,214
13,848,512
Website: http://www.pel-india.com
Address: Precision Electronics Limited
D-10, Sector-3,
Gautam Budh Nagar,
Noida,
Uttar Pradesh, 201301,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 517258 Equity Shares Mumbai Stock Exchange IN INR 10. Apr 2008
Number of employees
Current staff
Staff numbers
177
Precision Electronics employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 12:49
End of day share price update: 2019/04/22 00:00
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.