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 ₹ 17,450 Cr.
- Current Price ₹ 11,703
- High / Low ₹ 15,702 / 5,440
- Stock P/E 388
- Book Value ₹ 898
- Dividend Yield 0.00 %
- ROCE 10.6 %
- ROE 8.89 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 13.0 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -3.08%
- Company has a low return on equity of 9.37% 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.
Peer comparison
Sector: Castings, Forgings & Fastners Industry: Castings & Forgings
Part of Nifty Smallcap 250 BSE SmallCap Nifty 500 Multicap 50:25:25 BSE Industrials BSE Allcap
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 138 | 119 | 101 | 96 | 99 | 73 | 163 | 179 | 219 | 257 | 247 | |
| 115 | 99 | 83 | 82 | 84 | 59 | 128 | 137 | 161 | 184 | 179 | |
| Operating Profit | 23 | 20 | 18 | 13 | 15 | 14 | 35 | 42 | 59 | 73 | 68 |
| OPM % | 17% | 16% | 17% | 14% | 15% | 20% | 21% | 24% | 27% | 28% | 28% |
| -2 | 1 | -0 | 3 | 2 | 2 | 5 | 5 | 7 | 13 | 20 | |
| Interest | 8 | 5 | 3 | 3 | 3 | 6 | 13 | 15 | 16 | 15 | 14 |
| Depreciation | 4 | 4 | 6 | 5 | 6 | 7 | 14 | 15 | 17 | 17 | 17 |
| Profit before tax | 9 | 11 | 8 | 8 | 8 | 2 | 12 | 17 | 34 | 54 | 57 |
| Tax % | 16% | 46% | 24% | 24% | 22% | 29% | 65% | 25% | 23% | 22% | |
| 8 | 6 | 6 | 6 | 6 | 2 | 4 | 13 | 26 | 42 | 45 | |
| EPS in Rs | 7.30 | 5.52 | 4.92 | 4.79 | 4.56 | 1.31 | 3.32 | 9.78 | 19.29 | 29.24 | 31.09 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | % |
| 3 Years: | 16% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | % |
| 3 Years: | 140% |
| TTM: | 30% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 139% |
| 3 Years: | 98% |
| 1 Year: | 116% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 9% |
| Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 13 | 14 | 15 |
| Reserves | 58 | 65 | 108 | 115 | 122 | 150 | 163 | 293 | 631 | 1,329 |
| 68 | 69 | 25 | 60 | 122 | 181 | 196 | 177 | 182 | 111 | |
| 24 | 27 | 21 | 23 | 31 | 61 | 61 | 70 | 68 | 73 | |
| Total Liabilities | 154 | 165 | 160 | 202 | 279 | 397 | 426 | 553 | 896 | 1,528 |
| 50 | 48 | 43 | 44 | 49 | 211 | 237 | 228 | 233 | 279 | |
| CWIP | 9 | 18 | 35 | 66 | 136 | 37 | 23 | 67 | 159 | 191 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
| 96 | 99 | 82 | 92 | 95 | 149 | 166 | 258 | 504 | 1,055 | |
| Total Assets | 154 | 165 | 160 | 202 | 279 | 397 | 426 | 553 | 896 | 1,528 |
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 | -96 | ||
| -11 | -21 | -9 | -45 | -72 | -20 | -28 | -116 | -60 | ||
| -1 | -4 | -6 | 31 | 61 | 17 | 3 | 74 | 284 | ||
| Net Cash Flow | -1 | 2 | -2 | -0 | 0 | 1 | -1 | 6 | 127 |
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 | 306 | |
| ROCE % | 13% | 9% | 7% | 5% | 10% | 12% | 11% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 23 Nov
- Announcement under Regulation 30 (LODR)-Investor Presentation 16 Nov
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
16 Nov - PTC Industries reports strong Q2 results and strategic acquisitions.
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Closure of Trading Window
15 Nov - Closure of trading window until November 16, 2024.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
14 Nov - Disclosure of Monitoring Agency Reports for Q2 FY2025.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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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
from bse
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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
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2000
from bse
Concalls
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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
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]