Precision Wires India Ltd Company Profile: Products, Promoters and Clients

Question 1: What are the products and services of Precision Wires India Ltd?

Precision Wires India Limited is an Indian company that makes copper wires. They produce enameled round and rectangular copper winding wires, continuously transposed conductors (CTC), and paper mica nomex insulated copper conductors (PICC). These products, which include enameled round and rectangular winding wires, continuously transposed conductors, paper-insulated copper conductors, and submersible winding cables, are used in the electrical and electronic industries. The company has an installed capacity of about 48,000 megatons per year. Below is an in-depth exploration of their offerings.

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1- Enamelled Copper Winding Wires

The company mainly offers enameled copper winding wires. These wires play a crucial role in changing electrical energy into mechanical energy, making them essential for electrical devices.

• Round Copper Wires: These wires are standard in motors, generators, and home appliances. They are highly conductive, flexible, and can withstand high temperatures, making them reliable and durable.
• Rectangular Copper Wires: These wires are made for industrial transformers and large machines. They can handle high currents and provide great insulation, ensuring safety and long-lasting performance.

2- Submersible Winding Wires

PWIL offers submersible winding wires designed for submersible motors and pumps. These wires work well in water and have the following features:

• High moisture resistance.
• Durability against varying pH levels in water.
• Heat resistance for extended operational longevity.

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3- Continuously Transposed Conductors (CTC)

• Continuously Transposed Conductors (CTC) are a new type of product designed to improve transformer efficiency. They are made of several enameled copper strips that are twisted together at regular intervals and covered with insulation. CTC is beneficial for power and distribution transformers, large renewable energy systems like wind and solar farms, and industrial applications that need high electrical performance.

4- Paper Insulated Copper Conductors (PICC)

These conductors have layers of high-quality paper insulation, which gives them excellent electrical properties and heat resistance.

• Power transformers are used in large electrical grids.
• High-voltage distribution systems.
• Electrical reactors require robust insulation.

5- Specialized Insulated Conductors

To cater to specific industrial needs, the company offers specialized insulated conductors, including:

• Fiberglass Insulated Conductors: These conductors are made for high-temperature settings like industrial furnaces and special motors. They provide excellent heat resistance.
• Mica-Based Insulated Conductors: These conductors work well in situations that need both heat and electrical stability. They are perfect for extreme conditions.

6- Customization Services

• PWIL offers customized products based on what clients need, including changing wire sizes, creating new insulation materials, and making wires for special uses. The company focuses on being flexible to serve its customers better.
• They ensure their products work well with client systems, streamline manufacturing for specific needs, and improve performance with tailored solutions.

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7- Industries Served

They offer a variety of products for many industries, showing their flexibility and dependability. Key industries include:

• Automotive: Enamelled wires are essential for alternators, starters, and electric vehicle motors.
• Power Generation and Distribution: CTC and PICC products help transformers and switchgear work efficiently.
• Consumer Electronics: Winding wires are found in fans, refrigerators, and air conditioners.
• Industrial Machinery: Motors and generators use PWIL wires for electrical and mechanical stability.
• Renewable Energy: Wind and solar farms rely on PWIL products for efficient transformers and generators.

8- Commitment to Quality

The company uses advanced testing methods to check the conductivity, insulation, and thermal performance of its products.

• Global Standards: PWIL follows ISO certifications and IEC standards to ensure consistent product quality.
• State-of-the-Art Facilities: The company has modern manufacturing units with advanced machinery for precise production.
• Rigorous Testing: Every product goes through several quality checks to ensure it is reliable and durable.

9- Export Capabilities

• Precision Wires India Ltd has a strong export network, serving clients in more than 40 countries in Europe, Asia, and the Americas. The company can meet different needs in international markets, showing its flexibility and global perspective.

10- Sustainability and Innovation

• PWIL focuses on eco-friendly manufacturing and research to make its products more efficient and reduce environmental impact. New insulation materials and conductor designs help save energy and support global sustainability efforts.

Question 2: Who are the promoters of Precision Wires India Ltd?

The promoter shareholding of Precision Wires India Ltd is 57.93%.

Mahendra Mehta is the Promoter Director and rose to become the longest-serving Chairman of the Company. He has extensive experience in the Wire and cable, engineering, and chemical Industries.

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