PTC India Financial Services Ltd
PTC India Financial Services Limited (PFS) is a NBFC registered with RBI which holds the status of Infrastructure Finance Company. It provides equity/debt financing solutions to the energy value chain.[1]
- Market Cap ₹ 2,561 Cr.
- Current Price ₹ 39.9
- High / Low ₹ 68.0 / 18.6
- Stock P/E 15.9
- Book Value ₹ 39.5
- Dividend Yield 2.51 %
- ROCE 8.92 %
- ROE 6.45 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 1.01 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -10.7% over past five years.
- Company has a low return on equity of 6.63% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
286 | 546 | 802 | 1,187 | 1,351 | 1,185 | 1,336 | 1,364 | 1,139 | 968 | 797 | 761 | |
21 | 36 | 135 | 121 | 175 | 647 | 108 | 243 | 289 | 209 | 127 | 144 | |
Operating Profit | 266 | 510 | 667 | 1,066 | 1,176 | 538 | 1,228 | 1,122 | 851 | 759 | 670 | 617 |
OPM % | 93% | 93% | 83% | 90% | 87% | 45% | 92% | 82% | 75% | 78% | 84% | 81% |
0 | -0 | 0 | -0 | 1 | 0 | 0 | 5 | 0 | 1 | 0 | 16 | |
Interest | 107 | 221 | 417 | 530 | 645 | 685 | 944 | 948 | 752 | 580 | 432 | 410 |
Depreciation | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 6 | 6 | 6 | 6 | 6 |
Profit before tax | 155 | 285 | 245 | 531 | 529 | -150 | 281 | 172 | 93 | 174 | 232 | 216 |
Tax % | 33% | 27% | 34% | 26% | 35% | 33% | 34% | 36% | 73% | 25% | 24% | 26% |
104 | 208 | 161 | 391 | 345 | -100 | 184 | 110 | 26 | 130 | 176 | 161 | |
EPS in Rs | 1.85 | 3.70 | 2.86 | 6.96 | 5.38 | -1.56 | 2.87 | 1.71 | 0.40 | 2.02 | 2.74 | 2.50 |
Dividend Payout % | 22% | 27% | 35% | 17% | 28% | -13% | 28% | 26% | 0% | 0% | 37% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | -11% |
3 Years: | -13% |
TTM: | -5% |
Compounded Profit Growth | |
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10 Years: | -3% |
5 Years: | -3% |
3 Years: | 84% |
TTM: | -9% |
Stock Price CAGR | |
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10 Years: | 3% |
5 Years: | 22% |
3 Years: | 26% |
1 Year: | 101% |
Return on Equity | |
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10 Years: | 8% |
5 Years: | 5% |
3 Years: | 7% |
Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 562 | 562 | 562 | 562 | 642 | 642 | 642 | 642 | 642 | 642 | 642 | 642 |
Reserves | 664 | 787 | 875 | 1,180 | 1,777 | 1,297 | 1,424 | 1,473 | 1,477 | 1,622 | 1,800 | 1,896 |
1,587 | 3,895 | 5,110 | 6,845 | 8,123 | 10,229 | 10,918 | 9,275 | 9,174 | 7,121 | 5,122 | 3,926 | |
86 | 170 | 202 | 235 | 209 | 147 | 208 | 252 | 238 | 131 | 70 | 61 | |
Total Liabilities | 2,899 | 5,414 | 6,750 | 8,823 | 10,752 | 12,315 | 13,193 | 11,642 | 11,532 | 9,516 | 7,634 | 6,525 |
22 | 24 | 22 | 18 | 15 | 14 | 12 | 22 | 16 | 12 | 30 | 26 | |
CWIP | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 544 | 401 | 340 | 235 | 114 | 63 | 96 | 356 | 373 | 350 | 91 | 122 |
2,332 | 4,987 | 6,388 | 8,570 | 10,623 | 12,238 | 13,085 | 11,264 | 11,142 | 9,155 | 7,513 | 6,377 | |
Total Assets | 2,899 | 5,414 | 6,750 | 8,823 | 10,752 | 12,315 | 13,193 | 11,642 | 11,532 | 9,516 | 7,634 | 6,525 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-832 | -2,080 | -751 | -1,167 | -888 | -1,302 | 236 | 3,228 | 1,311 | 2,721 | 1,887 | 2,563 | |
-1 | -7 | -1 | -0 | -5 | -13 | -0 | -386 | -162 | -154 | 259 | -689 | |
703 | 2,052 | 741 | 1,169 | 904 | 1,338 | -257 | -2,652 | -883 | -2,719 | -2,459 | -1,669 | |
Net Cash Flow | -130 | -34 | -11 | 2 | 11 | 24 | -21 | 191 | 266 | -151 | -312 | 205 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 1 | 1 | 0 | 2 | 0 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 1 | 1 | 0 | 2 | 0 |
Working Capital Days | 58 | 95 | 243 | -28 | 14 | -23 | 2 | 23 | 4 | -9 | -20 | -9 |
ROCE % | 11% | 13% | 11% | 14% | 12% | 5% | 10% | 9% | 7% | 7% | 8% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
1d - Corrigendum to the intimation dated June 14, 2024 w.r.t. revision of Credit Rating pursuant to Regulation 30(6) of SEBI (LODR) Regulations, 2015
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Announcement under Regulation 30 (LODR)-Credit Rating
2d - Of revision in Credit Rating pursuant to Regulation 30(6) of SEBI (LODR) Regulations 2015
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Announcement under Regulation 30 (LODR)-Cessation
13 Jun - Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 w.r.t. the SEBI Order dated June 12, 2024 and consequential changes in directorship
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
11 Jun - Transcripts of Audio recording of the conference call held on Wednesday, June 05, 2024 at 4.00 PM (IST) on the financial results for Q4FY24&FY2024
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
5 Jun - Audio Recording of the Conference Call held on Wednesday, June 05, 2024 at 4:00 PM (IST) on the financial results for Q4FY24
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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Jun 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Dec 2022Transcript PPT
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Nov 2022Transcript PPT
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Jun 2022Transcript PPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Jun 2021Transcript PPT
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Feb 2021Transcript PPT
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Oct 2020TranscriptPPT
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Aug 2020TranscriptPPT
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Jun 2020TranscriptPPT
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Jan 2020TranscriptPPT
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Oct 2019TranscriptPPT
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Aug 2019TranscriptPPT
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May 2019TranscriptPPT
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Feb 2019TranscriptPPT
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Nov 2018TranscriptPPT
Overview[1]
PFS is an infrastructure finance company which provides a vast array of services to entities in the energy value chain. Company invests in equity or gives debt to power projects in generation, transmission, distribution, and fuel sources, fuel related infrastructure,equipment manufacturers and engineering, procurement and construction (EPC) contractors, renewables, transmission, road HAM, annuity projects, e-mobility projects, other sustainable infrastructure projects etc.
PFS also offers long-term and short-term loans, in addition to providing both fund and non-fund-based financial assistance as debt or structured debts.