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 ₹ 33,021 Cr.
- Current Price ₹ 22,025
- High / Low ₹ 24,143 / 14,499
- Stock P/E 263
- Book Value ₹ 1,005
- Dividend Yield 0.00 %
- ROCE 8.59 %
- ROE 7.16 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 102% CAGR over last 5 years
- Company's median sales growth is 19.9% of last 10 years
Cons
- Stock is trading at 21.9 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 7.06% over last 3 years.
- Company has high debtors of 166 days.
- Promoter holding has decreased over last 3 years: -7.31%
* 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
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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 138 | 119 | 101 | 96 | 99 | 73 | 163 | 179 | 219 | 257 | 308 | 603 | 697 | |
| 115 | 99 | 83 | 82 | 84 | 59 | 128 | 137 | 161 | 184 | 233 | 468 | 526 | |
| Operating Profit | 23 | 20 | 18 | 13 | 15 | 14 | 35 | 42 | 59 | 73 | 75 | 134 | 172 |
| OPM % | 17% | 16% | 17% | 14% | 15% | 20% | 21% | 24% | 27% | 28% | 24% | 22% | 25% |
| -2 | 1 | -0 | 3 | 2 | 2 | 5 | 5 | 7 | 13 | 33 | 38 | 35 | |
| Interest | 8 | 5 | 3 | 3 | 3 | 6 | 13 | 15 | 16 | 15 | 9 | 9 | 11 |
| Depreciation | 4 | 4 | 6 | 5 | 6 | 7 | 14 | 15 | 17 | 17 | 21 | 37 | 42 |
| Profit before tax | 9 | 11 | 8 | 8 | 8 | 2 | 12 | 17 | 34 | 54 | 78 | 127 | 155 |
| Tax % | 16% | 46% | 24% | 24% | 22% | 29% | 65% | 25% | 23% | 22% | 22% | 20% | |
| 8 | 6 | 6 | 6 | 6 | 2 | 4 | 13 | 26 | 42 | 61 | 102 | 126 | |
| 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 | 67.74 | 83.78 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 30% |
| 3 Years: | 40% |
| TTM: | 95% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 32% |
| 5 Years: | 102% |
| 3 Years: | 59% |
| TTM: | 103% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 72% |
| 5 Years: | 77% |
| 3 Years: | 57% |
| 1 Year: | 32% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 7% |
| Last Year: | 7% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 13 | 14 | 15 | 15 | |
| Reserves | 58 | 65 | 108 | 115 | 122 | 150 | 163 | 293 | 631 | 1,372 | 1,492 | |
| 68 | 69 | 25 | 60 | 122 | 181 | 196 | 177 | 182 | 61 | 261 | ||
| 24 | 27 | 21 | 23 | 31 | 61 | 61 | 70 | 68 | 136 | 188 | ||
| Total Liabilities | 154 | 165 | 160 | 202 | 279 | 397 | 426 | 553 | 896 | 1,584 | 1,956 | |
| 50 | 48 | 43 | 44 | 49 | 211 | 237 | 228 | 233 | 449 | 644 | ||
| CWIP | 9 | 18 | 35 | 66 | 136 | 37 | 23 | 67 | 159 | 185 | 311 | |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 3 | |
| 96 | 99 | 82 | 92 | 95 | 149 | 166 | 258 | 504 | 947 | 998 | ||
| Total Assets | 154 | 165 | 160 | 202 | 279 | 397 | 426 | 553 | 896 | 1,584 | 1,956 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12 | 27 | 13 | 14 | 11 | 4 | 25 | 47 | -96 | 14 | -69 | ||
| -11 | -21 | -9 | -45 | -72 | -20 | -28 | -116 | -60 | -502 | -271 | ||
| -1 | -4 | -6 | 31 | 61 | 17 | 3 | 74 | 284 | 544 | 185 | ||
| Net Cash Flow | -1 | 2 | -2 | -0 | 0 | 1 | -1 | 6 | 127 | 55 | -155 | |
| Free Cash Flow | 3 | 14 | -5 | -32 | -59 | -16 | -3 | -49 | -213 | -176 | -386 | |
| CFO/OP | 58% | 146% | 84% | 117% | 85% | 18% | 66% | 90% | -118% | 38% | -38% |
Ratios
Consolidated / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 110 | 97 | 115 | 118 | 100 | 141 | 125 | 109 | 158 | 170 | 166 | |
| Inventory Days | 256 | 274 | 430 | 529 | 598 | 465 | 541 | 521 | 440 | 1,423 | 1,030 | |
| Days Payable | 95 | 83 | 110 | 145 | 135 | 240 | 156 | 141 | 91 | 333 | 225 | |
| Cash Conversion Cycle | 271 | 289 | 435 | 502 | 563 | 367 | 510 | 490 | 507 | 1,261 | 970 | |
| Working Capital Days | 27 | 107 | 129 | 108 | 53 | 25 | 24 | 72 | 163 | 381 | 302 | |
| ROCE % | 13% | 9% | 7% | 5% | 10% | 12% | 11% | 8% | 9% |
Insights
In beta| Mar 2014 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Apr 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Export Revenue Share % of Total Revenue |
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| EBITDA per kg Rs/kg |
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| Production / Sales Volume (Tonnage) Tonnes |
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| Realization (Revenue per kg) Rs/kg |
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| Major Aerospace & Defence Long-term Programs / Contracts (Cumulative) Count |
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| Strategic Aerospace & Defence OEM Customer Approvals Count (Cumulative) |
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| Aerospace Castings Installed Capacity Tonnes Per Annum (TPA) |
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| Titanium & Superalloy Materials Mill Installed Capacity Tonnes Per Annum (TPA) |
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| R&D Expenditure (Percentage of Turnover) % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Shareholder Meeting / Postal Ballot-Outcome of AGM
- PTC Industries held its 63rd AGM on September 30, 2026; all three ordinary resolutions passed.
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- PTC Industries held its 63rd AGM on September 30, 2026; all three ordinary resolutions passed.
- Closure of Trading Window
- Announcement under Regulation 30 (LODR)-Newspaper Publication
- Notice Convening 63Rd Annual General Meeting Of The Company Along With The Annual Report For The Financial Year 2025-26
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from bse
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Annual Report 2000
from bse
Concalls
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Aug 2026PPT
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Jun 2026PPT
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Feb 2026PPT
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Nov 2025PPT
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Aug 2025PPT
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Jun 2025PPT
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Feb 2025PPT
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Nov 2024PPT
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Jul 2024PPT
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May 2024PPT
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Feb 2024PPT
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Nov 2023PPT
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Sep 2023PPT
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Aug 2023PPT
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Jun 2023Transcript PPT
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Oct 2022PPT
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Sep 2022PPT
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May 2022PPT
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Apr 2022PPT
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Feb 2022PPT
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Dec 2021PPT
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Sep 2021PPT
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Mar 2021PPT
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Sep 2020PPT
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Oct 2019PPT
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Sep 2019PPT
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Sep 2018PPT
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Sep 2017PPT
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]