Precision Wires India Ltd reports on sustainability, detailing waste management and ESG performance for FY 2025-26

Precision Wires India Ltd reports on sustainability, detailing waste management and ESG performance for FY 2025-26​

Precision Wires India Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, providing a detailed look into the company’s operational scope, environmental commitments, and social governance practices. The report highlights the company's integrated approach to manufacturing, safety, and responsible business conduct in the wiring industry.

The company is engaged in the manufacturing of Insulated Enamelled Winding Wire of Copper and other Insulated Electric Conductors (HS Code 8544), which accounts for 100% of its turnover. Precision Wires India Ltd serves both domestic and international markets, operating in 18 States and 3 Union Territories across the country, while servicing 22 countries globally.

Operational Scale and Workforce Composition​

As of March 31, 2026, the company holds a Paid Up Capital of Rs.18,28,07,975. Operationally, Precision Wires maintains 7 plants and/or operations across India, supported by 5 offices. The company’s workforce includes 573 permanent employees and 16 female employees in this category, totaling 573 permanent staff. Furthermore, it has a dedicated team of 228 permanent workers and 275 other than permanent workers, making a total of 503 workers.

In terms of governance, the manufacturing facilities in Silvassa have been certified with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, while the products carry IATF 16949: 2016 certification.

Environmental Stewardship and Resource Management​

The company has demonstrated significant commitment to environmental protection through its operational practices, including resource efficiency measures and waste management protocols.

Environmental Performance Metrics (FY 2025-26)

The company has successfully implemented Zero Liquid Discharge (ZLD) mechanisms at its Silvassa units through the use of Effluent Treatment Plants (ETP) and Sewage Treatment Plants (STPs). The treated water is reused in internal processes, minimizing discharge beyond the premises.

Waste Management Details

The company's operations ensure strict adherence to environmental guidelines, with the facilities in Silvassa and Palej adhering to Zero Liquid Discharge (ZLD) standards. The business also maintains compliance with applicable environmental laws across India.

Social Responsibility and Human Rights Focus​

Precision Wires is committed to the well-being of its employees and workers, implementing policies related to human rights, safety, and fairness.

Workforce Welfare Highlights:

• The company offers compensatory packages for both employees and workers in the event of death, covering them with a Group Personal Accident policy and ESI.
• Education and training are key focuses; 91% of workers were covered by training related to labor and human rights in FY 2025-26.
• The company has established comprehensive mechanisms through which employees can report grievances concerning human rights, including the Whistle Blower Policy and Grievance Redressal Policy.

Safety and Labour Standards:

The company ensures that human rights requirements are integrated into all business contracts, utilizing a Supplier Code of Conduct which covers Labour and Human Rights. Furthermore, the organization’s leadership structure mitigates conflict by ensuring that the Chairman of both the Audit Committee and the Nomination & Remuneration Committee is a Non-Executive Independent Director.

Stakeholder Engagement and Industry Representation​

The company actively engages with key stakeholder groups such as employees, customers, and regulatory authorities on a regular basis to address concerns related to quality, compliance, and operational status. Employees and workers have robust grievance mechanisms in place, accessible through the HR department and designated policies.

Precision Wires is affiliated with nine trade and industry chambers/associations, including the Winding Wires Manufactures Association of India, All India Association of Industries, and Bombay Chamber of Commerce and Industry, indicating strong engagement within the industry ecosystem. The company also maintains a proactive approach to consumer relations, conducting annual customer satisfaction surveys across its major operational locations.

PRECWIRE Stock Price Movement​

As of 3:08 PM, shares of Precision Wires India Limited rally marginally in live trading, currently priced at ₹387.8 after gaining 0.52%. The equity has held steady during the session, with the intraday range stretching from a low of ₹379 to a high of ₹392.5 amidst volume of 158,176 shares traded.