PTC India Ltd

PTC India is principally engaged in trading of power.

Pros:
Stock is trading at 0.49 times its book value
Stock is providing a good dividend yield of 6.16%.
Company has been maintaining a healthy dividend payout of 25.89%
Cons:
Company has low interest coverage ratio.
Promoter holding is low: 16.22%
Company has a low return on equity of 9.83% for last 3 years.
Contingent liabilities of Rs.587.90 Cr.

Peer Comparison Sector: Trading // Industry: Trading

Loading peers table ...

Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Other Income
Interest
Depreciation
Profit before tax
Tax %
Net Profit

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
3,706 3,844 6,442 7,706 9,109 8,021 9,120 12,003 13,838 13,447 15,311 19,641
3,676 3,831 6,425 7,647 8,865 7,615 8,672 11,172 12,837 12,333 13,918 18,119
Operating Profit 30 13 17 59 245 406 449 830 1,000 1,114 1,393 1,522
OPM % 1% 0% 0% 1% 3% 5% 5% 7% 7% 8% 9% 8%
Other Income 19 48 114 129 62 52 16 49 7 154 203 146
Interest 3 2 4 13 47 95 108 228 422 633 802 947
Depreciation 1 2 6 6 10 9 8 9 8 10 21 97
Profit before tax 46 58 121 169 250 354 348 642 577 624 772 624
Tax % 23% 17% 19% 29% 29% 27% 30% 30% 32% 35% 34% 35%
Net Profit 35 48 94 107 166 204 198 361 256 323 415 355
EPS in Rs 2.17 1.95 3.87 3.44 5.39 6.68 6.35 11.73 8.18 10.90 14.01 12.00
Dividend Payout % 43% 47% 29% 33% 27% 22% 24% 16% 25% 23% 21% 33%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:17.72%
5 Years:16.58%
3 Years:12.38%
TTM:28.28%
Compounded Profit Growth
10 Years:23.89%
5 Years:12.37%
3 Years:8.40%
TTM:-13.52%
Return on Equity
10 Years:8.94%
5 Years:10.23%
3 Years:9.83%
Last Year:9.04%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
150 227 227 295 295 295 296 296 296 296 296 296
Reserves 116 1,264 1,332 1,839 2,049 2,206 2,338 2,613 2,786 3,255 3,559 3,656
Borrowings 0 0 20 311 570 760 1,587 3,895 5,110 7,724 9,999 12,353
229 271 447 555 1,181 1,858 1,764 1,893 2,532 3,861 4,594 3,870
Total Liabilities 494 1,763 2,027 2,999 4,095 5,119 5,986 8,697 10,724 15,136 18,447 20,175
17 53 47 77 68 60 55 54 49 387 2,155 2,061
CWIP 1 1 1 1 0 0 1 1 0 0 0 0
Investments 207 1,382 532 810 1,057 762 982 866 1,293 1,102 974 400
270 326 1,447 2,112 2,970 4,297 4,948 7,776 9,382 13,647 15,319 17,714
Total Assets 494 1,763 2,027 2,999 4,095 5,119 5,986 8,697 10,724 15,136 18,447 20,175

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
12 18 -200 -509 -614 -1,152 -370 -1,849 -497 -1,281 111 -1,416
-2 -1,177 1,036 -40 155 599 -94 -396 -160 87 -1,374 286
-17 1,231 92 742 608 -67 652 2,012 709 1,124 1,353 1,257
Net Cash Flow -7 72 928 194 150 -620 188 -233 52 -70 91 127

Ratios Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
ROCE % 6% 8% 8% 11% 14% 12% 16% 14% 13% 12% 10%
Debtor Days 16 17 20 25 40 118 86 64 67 101 78 62
Inventory Turnover 403.06 317.06 1,353.93