PTC India Ltd
PTC India Limited was established in 1999 by the Government of India as a Public-Private Initiative and is in the power trading business. It is promoted by Power Grid Corporation of India Limited (PGCIL), NTPC Limited (NTPC), Power Finance Corporation Limited (PFC) and NHPC Limited (NHPC). [1][2]
- Market Cap ₹ 2,491 Cr.
- Current Price ₹ 84.2
- High / Low ₹ 144 / 70.2
- Stock P/E 5.86
- Book Value ₹ 132
- Dividend Yield 2.38 %
- ROCE 12.4 %
- ROE 11.2 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.64 times its book value
Cons
- The company has delivered a poor sales growth of 2.12% over past five years.
- Promoter holding is low: 16.2%
- Company has a low return on equity of 11.1% for last 3 years.
- Contingent liabilities of Rs.979 Cr.
- Company has high debtors of 157 days.
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8,908 | 7,613 | 8,866 | 11,414 | 13,018 | 12,476 | 14,075 | 11,315 | 13,496 | 16,443 | 16,963 | 15,631 | |
8,767 | 7,493 | 8,695 | 11,097 | 12,743 | 12,207 | 13,764 | 10,951 | 13,081 | 16,005 | 16,329 | 15,025 | |
Operating Profit | 141 | 120 | 171 | 318 | 275 | 268 | 311 | 364 | 414 | 438 | 634 | 606 |
OPM % | 2% | 2% | 2% | 3% | 2% | 2% | 2% | 3% | 3% | 3% | 4% | 4% |
63 | 77 | 14 | 58 | 36 | 184 | 238 | 203 | 132 | 45 | -32 | 6 | |
Interest | 2 | 27 | 2 | 7 | 5 | 105 | 137 | 120 | 145 | 58 | 34 | 37 |
Depreciation | 5 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 4 |
Profit before tax | 197 | 166 | 178 | 364 | 301 | 344 | 409 | 445 | 397 | 423 | 566 | 571 |
Tax % | 30% | 27% | 28% | 31% | 33% | 32% | 29% | 28% | 34% | 24% | 27% | 26% |
Net Profit | 139 | 120 | 129 | 251 | 203 | 234 | 291 | 319 | 262 | 320 | 410 | 425 |
EPS in Rs | 4.70 | 4.08 | 4.35 | 8.49 | 6.86 | 7.92 | 9.83 | 10.78 | 8.86 | 10.81 | 13.86 | 14.35 |
Dividend Payout % | 32% | 37% | 37% | 24% | 32% | 32% | 31% | 37% | 45% | 51% | 54% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 2% |
3 Years: | 5% |
TTM: | -8% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 8% |
3 Years: | 17% |
TTM: | -6% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | -6% |
3 Years: | 12% |
1 Year: | -11% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 10% |
3 Years: | 11% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
295 | 295 | 296 | 296 | 296 | 296 | 296 | 296 | 296 | 296 | 296 | 296 | |
Reserves | 1,885 | 1,955 | 2,030 | 2,212 | 2,343 | 2,590 | 2,779 | 2,924 | 3,032 | 3,217 | 3,406 | 3,619 |
0 | 0 | 0 | 0 | 0 | 734 | 721 | 689 | 973 | 833 | 957 | 1,232 | |
632 | 1,362 | 1,196 | 1,206 | 1,739 | 2,563 | 2,809 | 2,305 | 3,044 | 4,487 | 3,745 | 4,418 | |
Total Liabilities | 2,812 | 3,612 | 3,521 | 3,715 | 4,378 | 6,183 | 6,604 | 6,214 | 7,346 | 8,833 | 8,404 | 9,564 |
38 | 34 | 33 | 30 | 27 | 25 | 25 | 23 | 22 | 21 | 21 | 22 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 1,053 | 824 | 924 | 960 | 1,454 | 1,369 | 2,268 | 1,746 | 1,604 | 1,617 | 1,957 | 1,778 |
1,721 | 2,754 | 2,564 | 2,725 | 2,896 | 4,789 | 4,311 | 4,445 | 5,720 | 7,195 | 6,426 | 7,765 | |
Total Assets | 2,812 | 3,612 | 3,521 | 3,715 | 4,378 | 6,183 | 6,604 | 6,214 | 7,346 | 8,833 | 8,404 | 9,564 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-147 | -853 | 452 | 234 | 258 | -181 | 941 | -299 | -482 | -235 | 706 | 267 | |
156 | 585 | -94 | -334 | -142 | 323 | -704 | 655 | 266 | 31 | -354 | 171 | |
-42 | -77 | -50 | -54 | -66 | -230 | -230 | -243 | -0 | 328 | -125 | 14 | |
Net Cash Flow | -33 | -345 | 308 | -154 | 50 | -88 | 7 | 114 | -216 | 123 | 227 | 452 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 40 | 124 | 88 | 67 | 71 | 108 | 85 | 105 | 128 | 151 | 126 | 157 |
Inventory Days | 0 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Days Payable | 62 | 48 | ||||||||||
Cash Conversion Cycle | 40 | 64 | 41 | 67 | 71 | 108 | 85 | 105 | 128 | 151 | 126 | 157 |
Working Capital Days | 17 | 65 | 41 | 31 | 24 | 38 | 15 | 36 | 51 | 54 | 48 | 62 |
ROCE % | 9% | 7% | 8% | 15% | 13% | 14% | 14% | 15% | 13% | 11% | 15% | 12% |
Documents
Announcements
- Disclosure Of Reasons For Delay In Submission Of Financial Results As Required By Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For The Quarter Ended June 30, 2022 12 Aug
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 28 Jul
- Notice Of Non - Compliance Wrt Provisions Of Regulation 33 Of SEBI (LODR) Regulations, 2015 (Listing Regulations) 7 Jul
- Announcement under Regulation 30 (LODR)-Investor Presentation 6 Jul
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
6 Jul - Press Release - Summary of Financial and Operational Performance for Q4 - FY22 & FY 2021-22.
Annual reports
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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
from bse
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Financial Year 2010
from bse
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Financial Year 2010
from nse
Concalls
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Jul 2022TranscriptPPT
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Jun 2022TranscriptPPT
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Nov 2021TranscriptPPT
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Aug 2021Transcript PPT
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Jun 2021TranscriptPPT
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Feb 2021TranscriptPPT
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Nov 2020TranscriptPPT
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Aug 2020TranscriptPPT
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Jun 2020TranscriptPPT
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Feb 2020TranscriptPPT
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Oct 2019Transcript PPT
Business Segments
The company provides integrated energy services including Power Trading, Renewable Energy, Advisory Services and Investment services primarily through its subsidiaries.
Power- Trading & generation of power.
Investment- Investing in equity or extending debt to power projects in generation, transmission, distribution, fuel resources and fuel related infrastructure. [1] [2]