PTC Industries Ltd
PTC Industries Limited manufactures metal components for critical and supercritical applications for industries like Defence, Oil & Gas, Liquefied Natural Gas (LNG), Ships & Marine etc. [1]{# https://www.bseindia.com/bseplus/AnnualReport/539006/72682539006.pdf#page.20000
- Market Cap ₹ 22,009 Cr.
- Current Price ₹ 14,674
- High / Low ₹ 17,995 / 9,756
- Stock P/E 356
- Book Value ₹ 925
- Dividend Yield 0.00 %
- ROCE 7.75 %
- ROE 6.08 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 105% CAGR over last 5 years
Cons
- Stock is trading at 15.9 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.51% over last 3 years.
- Earnings include an other income of Rs.33.2 Cr.
- Company has high debtors of 170 days.
- Promoter holding has decreased over last 3 years: -8.05%
* 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
Industrials Capital Goods Industrial Products Other Industrial Products
Part of BSE 500 Nifty 500 BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 138 | 119 | 101 | 96 | 99 | 73 | 163 | 179 | 219 | 257 | 308 | |
| 115 | 99 | 83 | 82 | 84 | 59 | 128 | 137 | 161 | 184 | 233 | |
| Operating Profit | 23 | 20 | 18 | 13 | 15 | 14 | 35 | 42 | 59 | 73 | 75 |
| OPM % | 17% | 16% | 17% | 14% | 15% | 20% | 21% | 24% | 27% | 28% | 24% |
| -2 | 1 | -0 | 3 | 2 | 2 | 5 | 5 | 7 | 13 | 33 | |
| Interest | 8 | 5 | 3 | 3 | 3 | 6 | 13 | 15 | 16 | 15 | 9 |
| Depreciation | 4 | 4 | 6 | 5 | 6 | 7 | 14 | 15 | 17 | 17 | 21 |
| Profit before tax | 9 | 11 | 8 | 8 | 8 | 2 | 12 | 17 | 34 | 54 | 78 |
| Tax % | 16% | 46% | 24% | 24% | 22% | 29% | 65% | 25% | 23% | 22% | 22% |
| 8 | 6 | 6 | 6 | 6 | 2 | 4 | 13 | 26 | 42 | 61 | |
| EPS in Rs | 7.30 | 5.52 | 4.92 | 4.79 | 4.56 | 1.31 | 3.32 | 9.78 | 19.29 | 29.24 | 40.72 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 33% |
| 3 Years: | 20% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 105% |
| 3 Years: | 64% |
| TTM: | 46% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 59% |
| 5 Years: | 155% |
| 3 Years: | 109% |
| 1 Year: | 32% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 8% |
| Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 13 | 14 | 15 | |
| Reserves | 58 | 65 | 108 | 115 | 122 | 150 | 163 | 293 | 631 | 1,372 | |
| 68 | 69 | 25 | 60 | 122 | 181 | 196 | 177 | 182 | 61 | ||
| 24 | 27 | 21 | 23 | 31 | 61 | 61 | 70 | 68 | 136 | ||
| Total Liabilities | 154 | 165 | 160 | 202 | 279 | 397 | 426 | 553 | 896 | 1,584 | |
| 50 | 48 | 43 | 44 | 49 | 211 | 237 | 228 | 233 | 449 | ||
| CWIP | 9 | 18 | 35 | 66 | 136 | 37 | 23 | 67 | 159 | 185 | |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 96 | 99 | 82 | 92 | 95 | 149 | 166 | 258 | 504 | 947 | ||
| Total Assets | 154 | 165 | 160 | 202 | 279 | 397 | 426 | 553 | 896 | 1,584 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 12 | 27 | 13 | 14 | 11 | 4 | 25 | 47 | -96 | 14 | ||
| -11 | -21 | -9 | -45 | -72 | -20 | -28 | -116 | -60 | -502 | ||
| -1 | -4 | -6 | 31 | 61 | 17 | 3 | 74 | 284 | 544 | ||
| Net Cash Flow | -1 | 2 | -2 | -0 | 0 | 1 | -1 | 6 | 127 | 55 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 110 | 97 | 115 | 118 | 100 | 141 | 125 | 109 | 158 | 170 | |
| Inventory Days | 256 | 274 | 430 | 529 | 598 | 465 | 541 | 521 | 440 | 1,423 | |
| Days Payable | 95 | 83 | 110 | 145 | 135 | 240 | 156 | 141 | 91 | 333 | |
| Cash Conversion Cycle | 271 | 289 | 435 | 502 | 563 | 367 | 510 | 490 | 507 | 1,261 | |
| Working Capital Days | 160 | 170 | 203 | 219 | 198 | 185 | 233 | 206 | 306 | 398 | |
| ROCE % | 13% | 9% | 7% | 5% | 10% | 12% | 11% | 8% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Investor Presentation 2 Jun
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Jun
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
2 Jun - Q4FY25 revenue up 75%, secured Safran aero-engine order, inaugurated titanium plant, launched six strategic projects.
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Board Meeting Outcome for Outcome Of Board Meeting Of PTC Industries Limited Held On May 30, 2025
30 May - Audited FY25 results approved; acquisition of Trac Holdings; Rs.700 Cr QIP equity raised; secretarial auditor appointed.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - PTC Industries submits FY25 Secretarial Compliance Report; minor board composition lapses fined and rectified.
Annual reports
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Financial Year 2024
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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 2000
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Concalls
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Jun 2025TranscriptNotesPPT
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Feb 2025TranscriptNotesPPT
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Nov 2024TranscriptNotesPPT
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Jul 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Sep 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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Jun 2023Transcript PPT
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Oct 2022TranscriptNotesPPT
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Sep 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Apr 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Dec 2021TranscriptNotesPPT
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Sep 2021TranscriptNotesPPT
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Mar 2021TranscriptNotesPPT
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Sep 2020TranscriptNotesPPT
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Oct 2019TranscriptNotesPPT
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Sep 2019TranscriptNotesPPT
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Sep 2018TranscriptNotesPPT
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Sep 2017TranscriptNotesPPT
Products
PTC is a leading Indian manufacturer of precision metal components for critical applications. It manufactures stainless steel, duplex, super duplex, nickel, cobalt alloys, non-alloy steel castings solutions, machined components, and fabricated parts catering to the Oil & Gas, Aerospace, Marine, Pulp & Paper, Petrochemical, and Energy industries. It uses various indigenously developed technologies like Centrifugal Castings, Replicast, RapidCast, ForgeCAST, and Titanium Powder for casting. Its WOS Aerolloy Technologies (ATL) manufactures titanium and superalloy castings for aerospace and defense applications across the globe[1] [2]