NSE: PTCIL · BSE: 539006 · ISIN INE596F01018
PTC Industries Limited stock analysis
PTC Industries Limited ranks #448 in the TickerSutra evidence-ranked universe with a score of 64/100 and 95% data confidence. The latest captured fundamentals show ROCE of 8.4%, quarterly sales growth of 97.4% and quarterly profit growth of 465.7%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Low debt/equity of 0.17×
- 40.2% three-year sales CAGR
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
Risks and constraints
- CFO/EBITDA is below 0.6×
- Extreme base-effect growth requires manual validation
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹179cr | ₹42cr | ₹13cr | 24.0% |
| 2023 | ₹219cr | ₹59cr | ₹26cr | 27.0% |
| 2024 | ₹257cr | ₹73cr | ₹42cr | 28.0% |
| 2025 | ₹308cr | ₹75cr | ₹61cr | 24.0% |
| 2026 | ₹603cr | ₹132cr | ₹102cr | 22.0% |
| TTM | ₹697cr | ₹172cr | ₹126cr | 25.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
MANAGEMENT COMMENTARY
Signals from filed documents
Customer collaboration, phased capacity planning and flexible manufacturing systems counter this. Operating costs and margin pressure. Inflation in materials, energy and logistics, and the cost of qualifying new programmes ahead of their revenue, compress margins in the near term, as the standalone results for the year show.
The financial results for the year, and a detailed discussion of business performance, the operating environment, strategic priorities and outlook, are set out in the sections that follow and in the Management Discussion and Analysis Report forming part of this Annual Report. Total Income grew to H64,328.55 Lakhs (previous year: H34,222.67 Lakhs), supported by strong growth in core aerospace and defence businesses, s
Loans and Advances, Cash and Borrowings Particulars (J crores) FY 2025-26 FY 2024-25 Change Loans (current and non-current) 1.87 0.54 246.30% Cash and cash equivalents and other bank balances 136.57 381.83 (64.23%) Borrowings (non-current and current) 261.34 60.83 329.62% Net worth 1,507.11 1,386.66 8.69% Debt-equity ratio (times) 0.17 0.04 Cash and bank balances reduced by H245 crores as the proceeds of the qualifie
Developed the ability to replace imported components across a wider range of industrial applications. Entered export markets and began building international customer relationships. Earned recognition for technology and exports, including awards from industry and acknowledgement from the Department of Science & Technology.
Total other expenses as a percentage of revenue from operations fell to 35.5% from 39.9%, an early indication of the operating leverage the enlarged base will provide. The EBITDA margin on total income moderated to 26.8% from 32.0%, reflecting the ramp-up cost profile of the newly commissioned capacity at Aerolloy, the full-year consolidation of the Trac Group’s cost base, and the employee cost of capability building
This Report should be read in conjunction with the financial statements included herein and the notes thereto. Acknowledgements Your Directors place on record their deep appreciation of the guidance and support received during the year from the Company's bankers, financial institutions, the Government of India, State Governments, regulatory authorities and other agencies. Their continued cooperation has been integral
The Scheme is aimed at attracting, retaining and motivating employees and aligns their interests with the long-term growth of the Company. The Scheme was approved by the shareholders at the 56th Annual General Meeting held on September 28, 2019, and subsequently extended on November 22, 2021 to cover employees and directors of group companies, including subsidiaries and associates. In view of the Rights Issue underta
Lucknow | Aerolloy Aerospace Castings Aerolloy carries our casting capability into high-value aerospace and defence applications, including titanium and superalloy programmes. Capability is being expanded through advanced equipment, automation, process development and qualification, with the objective of industrialising increasingly complex product families to aerospace standards. Lucknow | Advanced Manufacturing and
Raw materials, components and other supplies held for use in the production of finished products are not written down below cost except in cases where material prices have declined and it is estimated that the cost of the finished products will exceed their net realisable value. 178 PTC Industries Limited Notes to the standalone financial statements for the Period ended 31st March 2026 (All amounts in H lakhs, unless
Mitigation: deliberate diversification across geographies and end-uses; within aerospace and defence, a focus on long-cycle platforms and qualification-led programmes with multi-year visibility; in industrials, a broad customer base across energy, marine and process industries; rolling demand scenarios and flexible production planning. Programme and customer concentration. Long-cycle programmes can involve concentrat
The Company’s principal inputs, titanium sponge, nickel and cobalt master alloys, ceramic and refractory materials and energy, are concentrated in supply and exposed to geopolitical disruption. Mitigation: multi-vendor sourcing with geographic diversification; contingency stock for critical inputs; backward integration into primary metals through the vacuum arc remelting, plasma arc melting and, on commissioning, ele
bseindia.com/) and on the NSE Electronic Application Processing System (NEAPS) (https://neaps.nseindia.com/), within the prescribed timelines. 11.4 Presentations to Analysts and Institutional Investors Your Company periodically makes presentations to analysts and institutional investors. Copies of such presentations are simultaneously uploaded on the stock exchanges and on the Company's website at https://www.ptcil.c
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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