FY25 marked a defining year for Precision Electronics Limited (PEL), with the Company delivering revenue of over ₹78 Cr — a 67% YoY growth over the previous year. Of this, approximately ₹41 Cr was contributed by the Tactical Infrastructure business, reinforcing the strength of our long-term product strategy and the increasing relevance of our solutions in today’s rapidly evolving defence and security landscape.
The changing character of modern warfare — particularly the accelerated adoption of drone and counter-drone systems — is driving demand for highly reliable tactical infrastructure products that enable mobility, deployment, surveillance, communication, and field operations. PEL remains strongly positioned in this space through its indigenous design and manufacturing capabilities.
Today, PEL is the market leader in India in its domain, with a significant lead in capability, product depth, and operational scale.
During the year, a Middle Eastern military’s Army and Air Force inducted PEL’s mast systems in international competition against some of the world’s leading mast OEMs from the United States and Europe. This represents an important validation of the Company’s engineering quality, reliability, and global competitiveness.
PEL also continued to strengthen its position as a strategic supplier of mission-critical precision-machined components for small arms platforms used by the Indian Army and homeland security forces. Significant investments were made to build advanced machining capability and operational scale aligned with long-term defence manufacturing opportunities.
While these investments resulted in near-term pressure on operating margins due to elevated CAPEX and OPEX commitments, the Company believes the infrastructure and capacity created during the year establish a strong foundation for future growth. Revenues aligned with the scale of the machining operations are expected to progressively materialize during FY26.
As India advances its defence modernization and indigenization initiatives, PEL remains committed to building globally competitive, mission-critical products with a focus on engineering excellence, reliability, and long-term stakeholder value creation.
We thank our customers, employees, partners, and shareholders for their continued trust and support as we move into FY26 with confidence and strategic clarity.
