Precision Camshafts Ltd - PRECISION CAMSHF Share Price

Summary

Precision Camshafts is one of the worlds leading manufacturer and supplier of camshafts, a critical engine component, in the passenger vehicle segment. The company supplies over 150 varieties of camshafts for passenger vehicles, tractors, light commercial vehicles and locomotive engine applications from its manufacturing facilities in Solapur, Maharashtra. The company mainly caters to the passenger vehicle segment. The companys aggregate capacity is 15.6 million camshafts. Precision Camshafts is a complete solutions provider for camshafts manufactured by different technologies, earning a major chunk of its revenue from the export of camshafts to various OEMs, directly and indirectly. It is a niche player in the camshaft segment with a global market share of 8% to 9%. It is also the largest suppliers in the domestic market with a market share of ~70%, and the preferred suppliers of casting camshaft to some of the global and domestic Original Equipment Manufacturers (OEM), including Maruti Suzuki, Hyundai (India), Tata Motors and M&M, while OEMs such as General Motors and Ford constitute its largest global customers. Focus on technology (product and process) has enabled the company to gain a strong foothold in the domestic and global markets.The company has two state-of-the-art manufacturing facilities - an EOU unit and a domestic unit - both situated at Solapur, Maharashtra. The EOU unit consists of four foundries and three machine shops and products manufactured at the EOU... Read More