Where Passion meets performance - Precision Camshafts Ltd

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My father ran a business that was engaged in manufacturing tractor components consisting of a foundry and a machine shop which was a partnership concern. I had joined somewhere around 1988-1989 after my post-graduation from Simba Education. I did an MBA there and joined in as a partnership concern and was working for about 4 or 5 years. The business significantly introduced new changes that were talked to me

during my college days in Symbiosis. Having said that I’ve always felt a little claustrophobic be-cause it was
a partnership concern and too many people had too many things to say from the business so I just
decided to quit the business and start my own in roughly around 1993-1994 where I kept out of a
large organization and a possible heir to the organization of the company.

I said “No, I quit” and
decided to start proceeding in camshafts set up in those days as a machine shop which was a smaller
facility, like a garage of 1,200 sq. ft. shed and about 5,000 sq. ft. plot area. I started my business with a
very small number of around 600 camshafts a month at that point in time which we paid for roughly 5
people including me. My first balance sheet at that point in time
which I signed for was roughly about 7 lakhs. From there onwards, it has been a consistent and very
challenging roller coaster ride.

 

(Cont PDF)

 

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