- **Precision Electronics Ltd is fundamentally a trusted manufacturing and integration partner for India’s defence and critical infrastructure backbone, a role it has built over 46 years by turning complex electro-mechanical and communication requirements into field-ready hardware.** Founded in 1979 by an engineer with over four decades of experience in the field of Electronics, the company has evolved from an electronics specialist into a provider of tactical masts, precision-manufactured assemblies, and secure communication networks. The recurring approach is to position itself as a single roof for customers who need built-to-spec, mission-critical equipment-combining in-house design, metal fabrication, electronics, and on-site support so that defence forces and government agencies do not have to stitch together multiple vendors. # Business segments Four engines at different stages-a tactical hardware specialist, a precision manufacturing workhorse, a systems-integration platform, and a field-services arm-each built on the customer access and trust of the one before. ## 1. Masts & Pedestals: the tactical elevation backbone **The company designs and builds the precision structures that lift radars, jammers, and anti-drone weapons above the clutter, giving defence systems the line-of-sight they need to work.** - **Elevates the payloads that fight drones and battles** - its telescopic masts, tripods, and motorised pedestals hold antennas, electro-optical devices, and laser guns steady, providing the pointing accuracy and stability required for high-data-rate radios, SATCOM, and semi-automatic weapons. That makes the product line relevant for both mid-to-long-range drones and every type of anti-drone system. - **Selected by a global integrator for the Indian Army** - a multinational corporation chose the company’s pedestal for its anti-drone solution offering to the Indian Army, and the design has met international customer acceptance, which signals that the product competes on precision, not just price. - **Simplifies a fragmented supply chain** - customers looking for masts, tripods, and pedestals typically have to buy from different vendors, but the company offers them together with built-to-spec power electronics and interconnectivity devices under one roof. - **Chases a niche with room to grow** - the global market for this product line is over US$500 million, and the company’s addressable slice-domestic plus limited international-is more than US$50 million, with an expectation that this vertical will contribute roughly 35% of overall revenue. ## 2. Electro-Mechanical Manufacturing: the precision build-to-print engine **When defence, aerospace, and healthcare OEMs need intricate metal parts, cable harnesses, or entire electronic boxes manufactured to exact specifications, this is the shop floor that delivers.** - **Turnkey “Box Builds” from metal to testing** - the vertical combines precision machining (CNC milling and turning), sheet metal work, electronic assemblies, and cable harnesses into finished, tested enclosures, so a customer can receive a complete subsystem rather than a kit of parts. - **A decade-long relationship with Israeli aerospace** - the company has supplied large Israeli Aerospace & Defence companies for the better part of ten years, and also counts a major global healthcare equipment manufacturer (GE) among its long-standing customers, which demonstrates repeat-order trust in its quality. - **Exports rugged assemblies, not commodities** - its export catalogue includes cable harnesses, power distribution units, power supplies, and rugged electronic box builds, all products where failure in the field is not an option. - **Targets a > US$50M addressable market** - with a significant export component, the company expects this vertical to match the Masts & Pedestals business at about 35% of overall revenue, making it an equally important pillar. ## 3. ICT Solutions: the systems integrator for secure networks **The company stitches together private 5G, satellite communication, cyber security, and anti-drone systems into turnkey solutions for defence, homeland security, and critical infrastructure customers.** - **Acts as a prime contractor, not just a reseller** - by working with technology partners, the company obtains prime contracts directly from end users, which means it owns the customer relationship and the integration responsibility. - **Built a SATCOM network for India’s islands** - it bagged significant business to set up a satellite communication network in the Andaman & Nicobar and Lakshadweep Islands for BSNL, a project that required complex integration in remote, strategic locations. - **Benefits from “Make in India” purchase preference** - as a Class I supplier with more than 50% Indian content, the company can receive up to a 20% purchase preference in procurements by Government of India entities and associated PSUs, giving it a built-in advantage in tender-driven business. - **Positioned for the Open RAN shift** - the company sees the advent of Open Radio Access Network (ORAN) as a demand driver, because new players entering the telecom space will need manufacturing support and systems integration, which is exactly what this vertical provides. ## 4. Engineering Services: the field-support and lifecycle arm **When sophisticated defence electronics need to be installed, tested, and kept running on board Navy ships or at remote Army sites, this is the team that deploys.** - **Supports foreign OEMs inside India** - the company holds a long-standing service contract to provide technical assistance on board Navy new-build ships and to perform maintenance, repair, and overhaul (MRO) of UAV ground control equipment for the Army, all on behalf of its foreign Israeli partner. - **Covers the full lifecycle from installation to warranty** - services span SITIC (Supply, Install, Test, Integrate and Commission), which includes the erstwhile works and EPC contracts, plus ongoing warranty and annual maintenance depot support for telecom, RF, power, and digital electronics systems. - **Offers an in-house environmental test lab** - the vertical also provides Environmental and ESS Test Lab services, which allows customers to validate equipment under stress conditions without going to a third party. - **A national footprint built on government access** - the company’s existing customer relationships across defence and critical infrastructure give this services arm a ready base of complex, high-stakes sites that need continuous support. # Group structure and partners **The company is a standalone, promoter-led entity with no subsidiaries, but it uses a consortium with a related auto-components player to reach into the electric-vehicle market.** - **No subsidiary or joint venture** - as of FY25, the company does not have any subsidiary, joint venture, or associate company. - **A board with deep defence-industry experience** - the six-member board includes Mr. Dinesh Kumar Batra, the former Chairman & Managing Director of Bharat Electronics Limited, who steered that state-owned defence giant to its highest-ever turnover of Rs. 15,044 crore. - **Two manufacturing locations** - the main plant is in Noida, Uttar Pradesh, and in December 2025 the company received a factory license for a second, leasehold manufacturing facility in Faridabad, Haryana, valid through the end of 2029.