Quick Takeaways
  • Precision Camshafts secured multiple new camshaft supply programs from leading global and Indian automakers.
  • The new and extended contracts increase order book visibility until 2032 and support planned manufacturing expansion.

Precision Camshafts Limited recently reported major business additions in its investor update, highlighting significant Precision Camshafts camshaft program wins from several global and Indian automotive manufacturers. These new contracts strengthen long-term revenue visibility and extend the company’s order book horizon to 2032.

The newly secured programs span multiple engine platforms and customers, reflecting strong demand for camshaft supply in both domestic and export markets. The cumulative lifetime value of the new and extended programs is estimated to reach nearly INR 15 billion.

Major OEM Contracts Strengthen Order Pipeline

The company secured several new supply programs across leading automotive manufacturers. One of the largest orders comes from Maruti Suzuki for 3-cylinder engine camshafts, with expected annual volumes of about 1.24 million units supplied in cast condition beginning in 2027.

Additional business includes camshaft supply for Hyundai’s upcoming Pune manufacturing plant through a Tier-1 supplier. The program is expected to generate around 280 thousand cast camshafts annually starting in 2026.

Expanded Supply Programs Across Multiple Automakers

The company also confirmed additional resourcing programs for fully machined camshafts from several automakers. These include supply contracts for Mahindra engines with volumes reaching roughly 600 thousand units per year starting FY 2026-27, peaking in FY 2027-28.

Additional Global Supply Agreements

Further programs include approximately 120 thousand fully machined camshafts annually for Uzbekistan Auto, 280 thousand units per year for Tata Motors, and incremental volumes of about 120 thousand machined camshafts for Renault Nissan India.

In addition, existing programs with Toyota India and General Motors in Brazil have been extended, pushing production timelines to 2030 and beyond and reinforcing the company’s long-term manufacturing outlook.

Capacity Expansion to Support Future Production

To support these Precision Camshafts camshaft program wins, the company plans to invest roughly INR 1.2 billion in capacity expansion and advanced manufacturing infrastructure. A new production facility in Solapur is already under development, with civil infrastructure completed and machinery installation expected to finish by 2026.

This investment aims to enhance production capacity and technology capabilities while supporting the execution of multiple long-term supply contracts across global automotive markets.

Company Press Release

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