PTC India Ltd

PTC India Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

PTC India Ltd

₹ 91.6 2.86%
22 Mar - close price
ptcindia.com BSE: 532524 NSE : PTC
About

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]

Key Points

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]

Website BSE NSE
  • Market Cap ₹ 2,711 Cr.
  • Current Price ₹ 91.6
  • High / Low ₹ 118 / 67.5
  • Stock P/E 5.68
  • Book Value ₹ 168
  • Dividend Yield 8.52 %
  • ROCE 9.87 %
  • ROE 11.0 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Stock is trading at 0.55 times its book value
  • Stock is providing a good dividend yield of 8.52%.
  • Company has been maintaining a healthy dividend payout of 46.5%

Cons

  • The company has delivered a poor sales growth of 1.94% over past five years.
  • Promoter holding is low: 16.2%
  • Company has a low return on equity of 10.3% over last 3 years.
  • Contingent liabilities of Rs.1,063 Cr.
  • Company has high debtors of 156 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.

Peer comparison

Sector: Trading Industry: Trading

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
3,829 3,635 4,631 6,005 3,794 3,917 4,958 5,473 3,324 3,101 4,308 4,899 3,139
3,416 3,257 4,227 5,487 3,387 3,552 4,549 5,001 3,048 2,684 3,942 4,541 2,829
Operating Profit 413 377 404 517 407 364 409 472 275 418 366 358 310
OPM % 11% 10% 9% 9% 11% 9% 8% 9% 8% 13% 8% 7% 10%
6 4 11 7 2 -11 2 2 15 6 3 3 8
Interest 281 276 248 234 225 215 203 186 180 182 161 150 150
Depreciation 25 25 25 25 25 25 25 25 25 26 25 25 26
Profit before tax 112 80 142 266 158 113 183 262 84 216 182 186 142
Tax % 43% 40% 29% 27% 28% 56% 26% 25% 25% 27% 26% 26% 26%
Net Profit 63 48 100 194 114 50 136 195 63 157 135 138 104
EPS in Rs 1.64 1.54 3.07 6.17 3.61 2.32 4.06 5.98 2.04 5.01 3.97 4.05 3.10
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
9,109 8,021 9,120 12,003 13,838 13,447 15,311 12,766 15,155 18,101 18,346 16,856 15,447
8,865 7,641 8,671 11,171 12,836 12,333 13,918 11,612 13,201 16,275 16,649 15,276 13,996
Operating Profit 245 380 449 831 1,002 1,114 1,393 1,154 1,954 1,826 1,697 1,580 1,451
OPM % 3% 5% 5% 7% 7% 8% 9% 9% 13% 10% 9% 9% 9%
62 78 15 48 6 154 203 147 130 23 8 23 19
Interest 47 95 108 228 422 633 802 946 1,243 1,159 926 757 643
Depreciation 10 9 8 9 8 10 21 97 97 100 100 101 102
Profit before tax 250 354 348 642 577 624 772 258 744 589 679 745 725
Tax % 29% 27% 30% 30% 32% 35% 34% 36% 34% 31% 33% 26%
Net Profit 184 259 238 442 326 406 506 165 490 406 458 552 535
EPS in Rs 5.63 6.92 6.70 12.19 8.66 10.90 14.01 6.75 14.37 12.42 15.16 17.10 16.13
Dividend Payout % 27% 22% 24% 16% 25% 23% 21% 59% 28% 44% 49% 46%
Compounded Sales Growth
10 Years: 8%
5 Years: 2%
3 Years: 4%
TTM: -13%
Compounded Profit Growth
10 Years: 10%
5 Years: 4%
3 Years: 6%
TTM: 15%
Stock Price CAGR
10 Years: 5%
5 Years: 1%
3 Years: 41%
1 Year: 13%
Return on Equity
10 Years: 10%
5 Years: 9%
3 Years: 10%
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
295 295 296 296 296 296 296 296 296 296 296 296 296
Reserves 2,049 2,206 2,338 2,613 2,786 3,255 3,559 3,423 3,666 3,891 4,124 4,427 4,667
570 760 1,587 3,895 5,110 7,724 9,999 12,353 13,320 11,408 11,479 9,771 7,869
1,176 1,852 1,750 1,871 2,477 3,507 4,245 3,181 3,996 5,514 4,769 5,387 6,352
Total Liabilities 4,091 5,112 5,971 8,675 10,670 14,782 18,098 19,253 21,278 21,109 20,668 19,882 19,183
68 60 55 54 49 387 2,155 2,061 1,967 1,884 1,787 1,693 1,643
CWIP 0 0 1 1 0 0 0 0 0 0 0 0 0
Investments 1,057 762 982 866 1,293 1,102 974 400 291 564 972 768 780
2,965 4,290 4,934 7,754 9,328 13,293 14,970 16,792 19,020 18,662 17,909 17,421 16,760
Total Assets 4,091 5,112 5,971 8,675 10,670 14,782 18,098 19,253 21,278 21,109 20,668 19,882 19,183

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-614 -1,152 -370 -1,849 -497 -1,281 111 -1,438 -108 3,294 2,108 3,049
155 599 -94 -396 -160 87 -1,374 249 244 -414 -505 46
608 -67 652 2,012 709 1,124 1,353 1,278 -408 -2,570 -1,085 -2,788
Net Cash Flow 150 -620 188 -233 52 -70 91 89 -272 309 518 308

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 40 118 86 64 67 101 78 95 118 141 123 156
Inventory Days 0 2 1 0 0 0 0 0 0 0 0
Days Payable 62 48
Cash Conversion Cycle 40 58 39 64 67 101 78 95 118 141 123 156
Working Capital Days 12 68 43 35 38 34 6 26 25 41 96 105
ROCE % 11% 14% 12% 16% 14% 13% 12% 8% 12% 11% 10% 10%

Shareholding Pattern

Numbers in percentages

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
16.22 16.22 16.22 16.22 16.22 16.22 16.22 16.22 16.22 16.22 16.22 16.22
35.32 28.41 26.15 28.70 31.95 34.29 34.68 34.13 33.18 32.33 31.67 29.84
19.03 17.74 15.48 12.88 12.54 10.06 9.59 12.46 9.82 9.47 9.04 8.29
0.02 0.02 0.02 0.02 0.03 0.03 0.03 0.00 0.00 0.00 0.00 0.00
29.41 37.61 42.13 42.18 39.26 39.40 39.48 37.19 40.79 41.99 43.07 45.65

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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