PRECISION WIRES INDIA LIMITED

REGD. OFFICE: SAlMAN HOUSE. J. A. RAUL STREET.

OFF SAYANI ROAD, PRABHADEVI, MUMBAI- 400025, INDIA.
TEL +91-22-24376281 FAX:"'91-22-24370687
E-MAIL: mumbai@pwil.net
WEB: W'NW.preeisionwirel.com
CIN: L31300MH1989PLC0I54368 PAN: AAACP7565L
WORKS: PLOT NO. 12612,AMLI HANUMAN (66 !(VA) ROAD,

PRECISION
=====--
SILVASSA- 396 230, U.T OF D.N.H., INDIA.
TEL: +91-260-2642614 FAX: +91-260-264235

1 Bombay Stock Exchange Limited (BSE) To:

Corporate Relationship Department,
1st Floor, New Trading Ring, Rotunda Building,
Kind Attn : Mr. S. Subramanian, DCS
CRD
-I
P.J.Towers, Dalal Street, Fort, Company Code: 523539
Mumbai-400 001
2 The Manager, Symbol: PRECWIRE
Listing Department
National Stock Exchange of India Limited (NSE)
'Exchange Plaza', C-1, Block G.
Bandra - Kurla Complex, Bandra (E)
Mumbai - 400 051.

February 13"'. 2017

Dear Sir,

Sub: Outcome of the Board Meeting.

Ref: Compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulation. 2015.

4"':=7:'_ This is to inform you that at the Meeting of the Board of Directors held today at 15.45 hrs and concluded at
I.
~[J<'
~
~~S INO!.

J!l
<!h (t
~
hrs, the following business was transacted:

: ,] 1) Approved and taken on record un-audited quarterly (Reviewed) financial result for Third quarter and
Nine Months ending 31&1 December, 2016, along with Auditor's Limited Review Report and are
';& lr ;/ enclosed herewith ( Pages).
....._"'. 2) Approval for purchase of balancing Equipments for intermediate product.
3) Approval of additional Civil Work at Silvassa factory.
4) Annual Renewal received for working Capital facilities from societe generale and RBL Bank Ltd.
and approved.

You are requested to take the above Information on your records

Thanking you,
Yours faithfully,
For PRECISION WIRES INDIA LIMITED
~w:
(Nishthi H Dharmani) '4-"..-
[J~'i'oS
Company Secretary ~ @ ~
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 ,.,RECISION WIRES INOlA LlMI1'EEl
~1IlIDf CIN : L31300MH1Q8QP!..C064306
""'''0''_0 VI"U'. Regd. Office: Salman House, J.A. Raul SllO!?I,
Off. Sayani Road, Prabaedevi, Mumbal - 400 025
TEL +91>2224376281 F.&.X +91..
2224370687 E-t,fA,Il: mumbai9PWil.l"llt. '.oVEB:\VWW.precl$ionwirQ$.cofll
.. ,," Po<"WI D.w,
IPAR' lANDNiNE MONTHSENDED. :,2016
sr,
No. Q ",
Ended
Cuo rter
I~::::' Ended
;
Ended
Ve"
Ended
Dec 31,2011 Dec 3',2016 Dec31,2015
31. ~.~:.
I
(Audited'

1 1,""'0_ '
I (a, Net5.'e. 1 I"","", from , olE"". Dul '.,110." ........,
21.044 . '
1(b) ; Th' 1: 73.21
~ I~
(.) C.. ' of I
(b) Pu!d1aso of,
I
....,
16, ..... '
5.'3 .... "."
53.e7e.7.
1. 2. 20."
(e) Change. ; , Gocd . WDIkIn- ToI.3i (302:06j (845:i7j "..,. 155.32 (" .01)

(a, ,benefits e_so.

,Expo"", .
....., 500.33 1,021.30 1.266.06 7' . 26
(e)
(n Powe,' Fu.1
(0'
1& 011."
"'.11
1,.'1.6.
306.90
492.17
1.137.7.
....
n..
', ... '1
,48'.'.
,m .e'
1.1H1."
1.344.53
3.003."
1.577.36

" ...."
',307.1'
10,"....

3 :;:,':!,~~~
...(.) from' , ~:~'~~:'2)
...... 1,051.02 797.7' ','03 .7 2.724.7. 3.733."

5
Ca".i
)";';":'''~'.,. , Finance . 77 1.DSO.00 807.2. 2,...... 2.74. 1. 3.771.7.

7
1:'.-:~~,Il.~'
(.). , 1~~:~:~~ftO' .nanco ".... .24.12 540.1 2,...... , . ,3.3, 2. 5....

9 1:;~.~:.)llo.. (.)frOm0"'''.", AdMti eerere Tax 6'i'." 824:1j 540:1. 2,...... ' . ,3.3, 2.e5....

I ;

" :' ~.~~;)Il

... 431." 540.36 333 .ea ".,.... ',206 .e' 1.702."

14
I~~':;:~ I of .ha.. R. ','..... ~ 1;fS6.j. 1,"'." 1.156.3e 1,156.3.

15
I b~'~;';";h-..' of p;',;ous,
.....
( ' 1.,32'.10

I (I)
I~'=~~::;; :,...' ,118m') of R. 1.17 2.34 1:44 1.53 5.22 7.36

1(;1)
1:::;::':.::': 1.jj 2:3< ..44 '.53 5.22 7.30

Noles:
1 Previous year'. figures have bean regroupedlrewooutd wherever necessary to make them comparable with the Currenl Vear .

2 The Unaudited Financial Results for Quarter and Nine Months ended 31st December, 201e have been reviewed by the Audit Committee of the
Board and approved by the Board of Directors at Ita meeUng held on 13th February, 2017, and have been subjected to limited Review by the
Statutory Auditors of the Company.
3 The Company is primarily engaged in a single Segment Le. au.loe of manufacture of Winding Wires. Therefore, Segment reporting 8S defined
in Accounting Standard AS-17 Is not applicable.

Place: Mumbai
B~~:l?"'
Vice Chalmlan
& M~gjng Director
DIN: 00003624
Dale: 13th February, 2017
 S. R. DIVATIA & CO.
CHARTERED ACCOUNTANTS

Independent Auditor's Limited Review Report

To,
The Board of Directors
Precision Wires India Limited

1. We have reviewed the accompanying statement of unaudited financial results ( "the statement") of
Mis Precision Wires India Limited ( "the Company") for the Quarter and Nine Months ended 31'(
December, 2016 . This statement is the responsibility of the Company's Management and has been
approved by the Board of Directors. Our responsibility is to issue a report on these financial
statements based on our review.

2. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410,
Engagements to Review Financial Statements issued by the Institute of Chartered Accountants of
India. This standard requires that we plan and perform the review to obtain moderate assurance as to
whether the financial statements are free of material misstatement. A review is limited primarily to
inquiries of company personnel and analytical procedures applied to financial data and thus provide
less assurance than an audit. We have not performedan audit and accordingly, we do not express an
audit opinion.

3. Based on our review conducted as above, nothing has come to our attention that causes us to believe
that the accompanying statement of unaudited financial results prepared in accordance with
applicable accounting standards and other recognized accounting practices and policies has not
disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations,2015 including the manner in which it is to be
disclosed, or that it contains any material misstatement.

For S,R, Dlvatia & Co.

Chartered Accountants

~A~.,
Shalin S Divatia
Partner
Membership No. 39755

Place: Mumbai
Date: 13th February, 2017

219 221, Avon Arcade, D. J. Road, Near Rly. Station, Vile Parle (W), Mumbai - 400 056.
'8', (0) 91-22-2616 0791/91-22-26631927: Fax: 91-22-2610 4926 .:. E-mail: mail@srdivatia.com