- CEO
- Yatin Subhash Shah
- Full Time Employees
- 2,012
- Sector
- Producer manufacturing
- Industry
- Auto parts: OEM
- Address
- Kohinoor B Zone Baner Solapur MH India 411045
- IPO Date
- Feb 8, 2016
- Business
- Precision Camshafts Limited Precision Camshafts Limited manufactures and sells cast camshafts, machined camshafts, chilled cast iron camshafts, balancer shafts, assembled camshafts, hybrid camshafts, fuel injector components, brake components, high-pressure diesel injector connectors, high-precision instrumentation components, and other automotive and non-automotive parts to original equipment manufacturers primarily in the automotive industry, including passenger cars, railways, and heavy equipment sectors; the company also engineers complete electric drivelines, retrofit solutions for electric midsize buses such as Oranje Tiger, and electric light commercial vehicle retrofit kits with range options of 70 km, 100 km, and 250 km. Headquartered in Pune, India, with primary manufacturing facilities in Solapur, Maharashtra, Precision Camshafts Limited operates 14 plants across three countries including India, Germany through subsidiary MFT, and the Netherlands through EMOSS for electric drivelines and PCL (International) Holdings B.V., as well as joint ventures in China such as Ningbo Shenglong PCL Camshafts Company Limited for camshaft machining and PCL Shenglong (Huzhou) Specialised Casting Company Limited for castings; the company serves over 50 global customers in regions spanning the United States, Europe, South America, China, South Korea, and India, with exports accounting for nearly 40% of business. Founded in 1992, the company maintains two state-of-the-art facilities in Solapur comprising four foundries and multiple machine shops for export-oriented and domestic production, bolstered by an exclusive technology transfer agreement with EMAG Germany for assembled camshafts and capabilities in ductile iron induction-hardened camshafts. Recent developments include the acquisition of MEMCO Engineering Private Limited in March 2019 as a wholly owned subsidiary for precision components, the incorporation of PCL (International) Holdings B.V. in the Netherlands in October 2016, the start of development for the retrofitted electric midsize bus Oranje Tiger in 2022, product diversification beyond camshafts in 2023, commencement of construction on a greenfield site for specialized machining and electric vehicles in fiscal 2024, enhancement of hybrid and assembled camshafts in fiscal 2025, and the launch of electric LCV retrofit solutions in 2025 alongside the unveiling of its first electric retrofitted mid-size passenger bus with over 60% localized electric driveline components.