Precision Electronics posts first annual profit in two years on 68% revenue jump
The nano-cap aerospace and defence supplier swung to a ₹26.74 lakh profit in FY26 after a ₹57.64 lakh loss the prior year, as revenue surged to ₹79.02 crore.
— 1 earlier story on Precision Electronics Ltd. →What's new
- Precision Electronics swung to a net profit of ₹26.74 lakhs in FY26, from a ₹57.64 lakh loss in FY25.
- Annual revenue from operations surged 68% to ₹79.02 crore, driven by aerospace and defence order execution.
- Q4 revenue alone rose 53% to ₹27.72 crore; auditors issued an unmodified opinion.
Why this matters
For a nano-cap company with a ₹216 crore market capitalisation, this is the clearest signal yet that Precision Electronics is scaling. The return to profit, however slim, on a revenue base of ₹79 crore marks a turnaround from the prior year's loss. The unmodified audit opinion lends credibility to the numbers.
What we're watching
- Whether the Noida-to-Ballabhgarh manufacturing relocation impacts costs or execution timelines.
- If Q4's 53% revenue growth can be sustained into FY27.
- How the ₹26.74 lakh profit translates into cash flow and balance-sheet strength.
The full read
Precision Electronics swung to a net profit of ₹26.74 lakhs in FY26, its first annual profit in two years, after a ₹57.64 lakh loss in FY25. Revenue from operations jumped 68% to ₹79.02 crore, with the March quarter alone contributing ₹27.72 crore, up 53%. The company ties the growth to stronger order execution in aerospace and defence. For a nano-cap with a ₹216 crore market capitalisation, these are big moves in percentage terms. The absolute profit is tiny, but the audit opinion is clean. The factory shift to Ballabhgarh is still underway. What changes from here is whether the new operations can widen the margin, or whether the turnaround remains this fragile.
Questions answered
- How significant is the profit for a company this size?
- The ₹26.74 lakh net profit on ₹79.02 crore revenue is a thin margin, but it represents a full-year swing from a ₹57.64 lakh loss. For a nano-cap with a ₹216 crore market cap, the return to profitability is the story.
- What drove the revenue growth?
- The company attributes the 68% revenue increase to higher order execution in the aerospace and defence segments. Q4 alone contributed ₹27.72 crore, growing 53% year-on-year.
- What is happening with the manufacturing relocation?
- The board confirmed that moving some manufacturing activities from Noida to Ballabhgarh, Haryana, is proceeding as previously disclosed. No timeline or cost details were provided.
- Did the auditors flag any concerns?
- No. Precision Electronics' statutory auditors issued an unmodified opinion on the FY26 financial statements, meaning they found no material misstatements or qualifications.
Story so far
All notes on PRECISIO →- 29 May 2026 · 6:26 PM IST Precision Electronics posts first annual profit in two years on 68% revenue jump
- 1d ago Precision Electronics turns a profit on 68% revenue surge