Precision Electronics Ltd
Precision Electronics Ltd (PEL) Reports Strong Growth & Expansion 🚀 | Q1 FY25 Revenue Up 211% YoY
- Q1 FY25 revenue: ₹322.38 crore (24% QoQ, 211% YoY growth).
- Order book: ₹56 crore as of Q1 FY25.
- Tactical Infrastructure segment (Telescopic Masts, Tripods, Pan-Tilt Units) nearly doubles revenue annually since FY2022-23.
- Secured major military contract from a Western nation, beating established EU/US manufacturers.
- Letters of Intent (LoIs) worth ₹65 crore from major OEMs in Aerospace & Defence.
- Production capacity doubling with 7,000 Sq Mt expansion in Ballabhgarh (operational by Oct 2025).
- Focus on indigenous innovation in Defence & Tactical Infrastructure (BSE: 517258).