PTC Industries Ltd

PTC Industries Ltd

₹ 7,828 -0.82%
28 May - close price
About

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][2]

Key Points

Products
The Co is a leading supplier of castings, machined components & fabricated parts for critical and supercritical applications across the world. It offers a wide range of materials which include Titanium Alloys, Alloy Steel, Stainless Steel, Duplex and Super Duplex Stainless Steel, Creep Resistant Steel, Heat Resistant Steel, Nickel-Based Alloys, Cobalt-Based Alloy etc. [1]

  • Market Cap 11,304 Cr.
  • Current Price 7,828
  • High / Low 9,540 / 2,422
  • Stock P/E 268
  • Book Value 447
  • Dividend Yield 0.00 %
  • ROCE 10.9 %
  • ROE 9.23 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 17.5 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -4.01%
  • Company has a low return on equity of 9.78% over last 3 years.
  • Company has high debtors of 158 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
53 45 38 45 51 46 54 57 62 72 58 55 72
41 32 31 36 39 35 37 45 44 52 42 40 51
Operating Profit 12 14 8 9 12 11 17 12 18 20 16 15 22
OPM % 23% 30% 20% 20% 23% 24% 32% 21% 30% 28% 27% 28% 30%
3 1 2 -0 2 1 2 4 0 3 3 4 4
Interest 4 4 4 4 4 4 5 4 3 4 4 4 3
Depreciation 4 4 4 4 4 4 4 4 4 4 4 4 4
Profit before tax 8 7 2 2 6 4 10 8 11 15 11 10 18
Tax % 82% 26% 24% 25% 24% 29% 26% 22% 20% 24% 23% 22% 20%
1 5 2 1 5 3 8 6 9 11 8 8 15
EPS in Rs 1.11 3.99 1.37 0.89 3.53 2.20 5.83 4.55 6.87 8.43 6.08 5.95 10.19
Raw PDF

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
138 119 101 96 99 73 163 179 219 257
115 99 83 82 84 59 128 137 161 184
Operating Profit 23 20 18 13 15 14 35 42 59 73
OPM % 17% 16% 17% 14% 15% 20% 21% 24% 27% 28%
-2 1 -0 3 2 2 5 5 7 13
Interest 8 5 3 3 3 6 13 15 16 15
Depreciation 4 4 6 5 6 7 14 15 17 17
Profit before tax 9 11 8 8 8 2 12 17 34 54
Tax % 16% 46% 24% 24% 22% 29% 65% 25% 23% 22%
8 6 6 6 6 2 4 13 26 42
EPS in Rs 7.30 5.52 4.92 4.79 4.56 1.31 3.32 9.78 19.29 29.24
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 8%
5 Years: %
3 Years: 16%
TTM: 17%
Compounded Profit Growth
10 Years: 20%
5 Years: %
3 Years: 140%
TTM: 64%
Stock Price CAGR
10 Years: %
5 Years: 111%
3 Years: 113%
1 Year: 215%
Return on Equity
10 Years: %
5 Years: %
3 Years: 10%
Last Year: 9%

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
Equity Capital 4 4 5 5 5 5 5 13 14
Reserves 58 65 108 115 122 150 163 256 631
68 69 25 60 122 181 196 177 182
24 27 21 23 31 61 61 107 68
Total Liabilities 154 165 160 202 279 397 426 553 896
50 48 43 44 49 211 237 228 233
CWIP 9 18 35 66 136 37 23 67 159
Investments 0 0 0 0 0 0 0 0 0
96 99 82 92 95 149 166 258 504
Total Assets 154 165 160 202 279 397 426 553 896

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
12 27 13 14 11 4 25 47
-11 -21 -9 -45 -72 -20 -28 -116
-1 -4 -6 31 61 17 3 74
Net Cash Flow -1 2 -2 -0 0 1 -1 6

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
Debtor Days 110 97 115 118 100 141 125 109 158
Inventory Days 256 274 430 529 598 465 541 521 440
Days Payable 95 83 110 145 135 240 156 141 91
Cash Conversion Cycle 271 289 435 502 563 367 510 490 507
Working Capital Days 160 170 203 219 198 185 233 206 307
ROCE % 13% 9% 7% 5% 10% 12%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
67.76% 67.78% 67.78% 67.80% 67.80% 69.41% 67.93% 67.93% 67.93% 67.03% 66.96% 62.95%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.72% 1.75% 3.82%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.24% 0.32% 0.46% 0.44%
32.24% 32.22% 32.22% 32.20% 32.20% 30.58% 32.07% 32.07% 31.83% 30.92% 30.83% 32.79%
No. of Shareholders 2,1742,4753,2233,5843,8554,5885,2275,5445,9696,7898,16110,305

* 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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