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Vijay Kedia stock falls 6% after company slips into losses in Q3

Vijay Kedia stock saw 18.1% QoQ income drop, 13.9% revenue decline, & a ₹635.92 crore net loss in Q3 FY25, impacted by weaker sales and higher tax expenses.
Vijay Kedia stock saw revenue drop 13.9% QoQ, with a ₹635.92 crore loss.
Vijay Kedia stock saw revenue drop 13.9% QoQ, with a ₹635.92 crore loss.

Introduction:

Vijay Kedia stock faced a sharp downturn in Q3 FY25, with total income dropping 18.1% QoQ and revenue declining 13.9%. Net profit turned negative, reporting a ₹635.92 crore loss, reflecting weaker sales, higher tax expenses, and declining operational efficiency.

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Share Price movement of Precision Camshafts:

On February 13, 2025, Precision Camshafts Limited opened at ₹232.25, reaching a high of ₹241.20 and a low of ₹227.30, down 6% from its previous close of ₹250.40. Currently, it is trading at ₹237.15, with a market cap of ₹2,262.09 crore.

Precision Camshafts Q3 Results:

Precision Camshafts Ltd reported a 18.1% QoQ decline in total income, falling from ₹23,882.26 crore in Q2 FY25 to ₹19,550.18 crore in Q3 FY25. Revenue from operations dropped 13.9% to ₹19,454.75 crore, indicating weaker sales performance and reduced demand across key segments.  

Total expenses decreased 8.2% QoQ to ₹20,125 crore from ₹21,915.32 crore, driven by lower raw material costs and a decline in depreciation expenses. However, employee benefit costs remained stable at ₹4,245.85 crore, slightly lower than the previous quarter’s ₹4,428.41 crore, reflecting controlled operational expenditures.  

Net profit turned negative, reporting a ₹635.92 crore loss in Q3 FY25 compared to a ₹840.18 crore profit in Q2 FY25, marking a significant 175.7% decline. Increased tax expenses of ₹184.31 crore and lower income weighed heavily on the company’s overall profitability.

Also Read: Alcohol stock jumps 6% despite its net profit decreased by 68% in Q3

Recent news About Precision Camshafts :

Precision Camshafts Limited (PCL) has recently unveiled its first electric retrofitted mid-size passenger bus on public roads in India. Designed and developed in the Netherlands and built in India, this vehicle marks a significant milestone in PCL’s journey toward providing localized, electrified buses, trucks, and light commercial vehicles to Indian customers.

Ace investor holding of Precision Camshafts:

Vijay Kishanlal Kedia holds a 2.10% stake in Precision Camshafts Ltd, owning 1,995,000 shares valued at ₹47.6 crore. His investment saw a 1.05% increase in the previous quarter, reflecting confidence in the company’s long-term potential and growth prospects within the auto component industry.  

Jayant Aradhye & Maneesh Jayant Aradhye collectively hold a 9.98% stake in Precision Camshafts Ltd, with 9,487,361 shares worth ₹226.3 crore. Their stake slightly decreased by 0.12% from the previous quarter, indicating a minor portfolio adjustment while maintaining a significant holding in the company.

Stock performance of Precision Camshafts for Period of 1 week, 6 months and 1 year:

Precision Camshafts stock showed mixed performance across different periods. Over the past week, it declined 15.8%, reflecting short-term volatility. In the last six months, it surged 35.4%, indicating strong momentum. Over the past year, it delivered a 12.3% gain, showcasing steady long-term growth.

Also Read: Railway stock jumps after it receives order worth ₹537.1 Cr for BCFCM Rakes Wagon

Shareholding pattern of Precision Camshafts:

All values in %Dec-24Sep-24Jun-24
Promoters65.3765.3765.37
FII0.230.150.12
DII0.020.080.08
Retail & others34.3734.434.43
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About Precision Camshafts:

Precision Camshafts Ltd is a leading manufacturer of camshafts for global automotive and industrial applications. With a strong presence in domestic and international markets, the company focuses on innovation, precision engineering, and high-quality production to serve major automobile manufacturers worldwide.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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