PTC Industries Ltd logo

PTC Industries Ltd

PTCIL NSE

Key Fundamentals

SmallcapOther Industrial ProductsIndustrial Products
Market Cap
₹26,177 Cr
Volatility
Moderate
P/E Ratio
257.25
EBITDA
₹132 Cr
Debt to Equity
0.12
Book Value
₹1,005.24
52W High
₹19,851
52W Low
₹13,251

Technical Indicators

Key Insights

Strengths

3
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 101% CAGR over last 5 years
  • Company's median sales growth is 19.9% of last 10 years

Weaknesses

5
  • Stock is trading at 17.3 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 6.99% over last 3 years.
  • Company has high debtors of 166 days.
  • Promoter holding has decreased over last 3 years: -8.21%

Growth Rate

Revenue Growth
76.15% ↗
Net Income Growth
72.93% ↘
Cash Flow Change
114.12% ↗
ROE
-32.72% ↘
ROCE
-35.36% ↘
EBITDA Margin (Avg.)
-35.94% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 3d ago
AI opinion · based on fundamentals
Risk high
HOLD Worth holding, not adding Conviction 5/10

PTC Industries delivers exceptional growth with 101% profit CAGR over 5 years and 96% TTM sales growth, but trades at an extreme PE of 257.5x and PB of 17.35x with low ROE of 7%, making risk-reward unfavorable at current levels despite strong sector tailwinds.

Bull Case 8
  • Exceptional 5-year compounded profit growth of 101% CAGR demonstrates strong earnings momentum and scalability
  • TTM sales growth of 96% indicates massive order execution acceleration and revenue ramp-up
  • Stock CAGR of 87% over 5 years reflects sustained market confidence and re-rating potential in defence/aerospace supply chain
  • All 3 out of 3 analysts rate the stock a BUY with 100% buy consensus, indicating strong institutional conviction
  • 3-year compounded sales growth of 40% shows consistent top-line expansion beyond a single quarter blip
  • Company is expected to deliver a good upcoming quarter, suggesting near-term earnings catalyst
  • Median sales growth of 19.9% over last 10 years provides a long track record of sustained revenue expansion
  • Market cap of Rs 26,807 Cr positions PTCIL as a mid-to-large cap with adequate liquidity for institutional investors
Bear Case 8
  • PE ratio of 257.5x is extreme even for a high-growth industrial, pricing in years of flawless execution
  • Price-to-book of 17.35x (trading at 18.2x book value) leaves no margin of safety if growth disappoints
  • Return on equity of just 7% over 3 years is poor for a company commanding such premium valuations
  • Zero dividend yield with no payout despite repeated profits signals poor capital return policy for shareholders
  • High debtor days of 166 indicates significant working capital stress and potential cash flow risk in collections
  • Promoter holding has decreased by 8.21% over last 3 years, raising concerns about insider confidence at these valuations
  • 10-year profit CAGR of only 32% versus 5-year CAGR of 101% shows growth is back-loaded and recent, not yet proven over full cycles
  • 3-year ROE of 7% despite high leverage implied by 17.35x PB suggests capital is not being deployed efficiently

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 15h ago
Positives 1
  • FY26 profit surges 66.4% May 30

    Consolidated net profit rose 66.4% to ₹1,015.6 crore for FY26, with revenue surging 95.7% to ₹6,027.8 crore, reflecting strong operational momentum.

Neutral 1
  • Board to consider capital raise Jun 20

    PTC Industries board meets on June 27, 2026 to consider raising capital via equity shares or securities, signaling potential dilution but also growth funding.

TL;DR: PTC Industries delivered exceptional FY26 results with near-doubling of revenue and 66% profit growth, indicating strong execution in the industrial products space. No visible headwinds in recent news flow. The upcoming board meeting on capital raising could introduce dilution risk but also signals confidence in scaling further. The trend is clearly improving with robust top-line and bottom-line expansion.

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales
62
72
58
55
72
47
72
67
122
97
125
156
225
Expenses
44
52
42
40
51
37
51
52
93
88
99
131
153
Operating Profit
18
20
16
15
22
10
21
15
29
9
26
25
73
OPM %
30%
28%
27%
28%
30%
21%
29%
23%
24%
9%
21%
16%
32%
Other Income
0
3
3
4
4
4
8
10
11
11
8
10
12
Interest
3
4
4
4
3
3
3
1
1
2
2
3
2
Depreciation
4
4
4
4
4
4
4
5
8
9
9
9
10
PBT
11
15
11
10
18
6
22
19
31
9
23
23
72
Tax %
20%
24%
23%
22%
20%
23%
21%
24%
21%
43%
21%
18%
17%
Net Profit
9
11
8
8
15
5
17
14
25
5
18
18
60
EPS in Rs
6.87
8.43
6
5.95
10.19
3.39
11.56
9.5
16.4
3.44
12.11
12.24
39.96
Figures in ₹ Crores

Profit & Loss

  Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
138
119
101
96
99
73
163
179
219
257
308
603
Expenses
115
99
83
82
84
59
128
137
161
184
233
471
Operating Profit
23
20
18
13
15
14
35
42
59
73
75
132
OPM %
17%
16%
17%
14%
15%
20%
21%
24%
27%
28%
24%
22%
Other Income
-2
1
0
3
2
2
5
5
7
13
33
41
Interest
8
5
3
3
3
6
13
15
16
15
9
9
Depreciation
4
4
6
5
6
7
14
15
17
17
21
37
PBT
9
11
8
8
8
2
12
17
34
54
78
127
Tax %
16%
46%
24%
24%
22%
29%
65%
25%
23%
22%
22%
20%
Net Profit
8
6
6
6
6
2
4
13
26
42
61
102
EPS in Rs
7.3
5.52
4.92
4.79
4.56
1.31
3.32
9.78
19.29
29.24
40.72
67.74
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Figures in ₹ Crores

Balance Sheet

  Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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
Borrowings
68
69
25
60
122
—
181
196
177
182
61
261
Other Liabilities
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
Fixed Assets
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
Other Assets
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
Figures in ₹ Crores

Cash Flow

  Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
12
27
13
14
11
—
4
25
47
-96
14
-69
Investing
-11
-21
-9
-45
-72
—
-20
-28
-116
-60
-502
-271
Financing
-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
-39
Figures in ₹ Crores

Ratios

  Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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%
8%

Shareholding Pattern

As of Mar 2026
Promoters 59.72%
Public 22.93%
DIIs 9.20%
Others 4.19%
FIIs 3.96%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Aug 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Jan 2024Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters
67.76%
67.76%
67.78%
67.78%
67.80%
67.80%
69.41%
69.41%
67.93%
67.93%
67.93%
67.03%
66.96%
63.99%
62.95%
62.88%
59.80%
59.75%
59.75%
59.75%
59.75%
59.72%
59.72%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
1.75%
3.78%
3.82%
3.35%
4.53%
3.37%
3.07%
3.39%
3.41%
3.86%
3.96%
DIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.24%
0.32%
0.46%
0.44%
0.74%
1.55%
4.94%
6.49%
7.59%
7.72%
8.51%
8.44%
9.20%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
24.59%
25.16%
25.23%
25.41%
25.50%
25.47%
24.62%
24.60%
25.63%
25.42%
25.17%
24.39%
24.34%
24.80%
25.32%
25.96%
26.07%
25.49%
24.65%
24.28%
23.72%
23.57%
22.93%
Others
7.65%
7.09%
6.99%
6.81%
6.71%
6.73%
5.97%
5.99%
6.44%
6.65%
6.66%
8.26%
6.49%
6.99%
7.17%
6.26%
4.66%
4.89%
4.94%
4.86%
4.61%
4.41%
4.19%
No. of Shareholders
2,079
2,174
2,475
3,223
3,584
3,855
4,288
4,588
5,118
5,544
5,299
6,789
8,161
8,169
10,305
15,276
15,566
17,939
20,057
22,707
22,554
23,826
23,581

Documents

1
Concall - Sep 2017 Sep 2017
2
Concall - Sep 2018 Sep 2018
3
Concall - Sep 2019 Sep 2019
4
Concall - Oct 2019 Oct 2019
5
Concall - Sep 2020 Sep 2020

Frequently Asked Questions about PTC Industries Ltd

What does PTC Industries Ltd do?
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
Where is PTC Industries Ltd (PTCIL) listed?
PTC Industries Ltd is listed on the Indian stock exchanges. It is listed on NSE: PTCIL and BSE: 539006. You can view its live share price, financials, and ratios on Tapetide.
Which sector does PTC Industries Ltd belong to?
PTC Industries Ltd operates in the Industrials sector within the Industrial Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of PTC Industries Ltd?
PTC Industries Ltd has a market capitalisation of approximately ₹26176.99 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of PTC Industries Ltd?
The Price-to-Earnings (PE) ratio of PTC Industries Ltd is 257.25. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of PTC Industries Ltd?
Over the past 52 weeks, PTC Industries Ltd has traded between a low of ₹13,251 and a high of ₹19,851. This range helps investors understand the stock's price volatility and recent trading levels.
How can I research PTC Industries Ltd on Tapetide?
On Tapetide, you can view PTC Industries Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

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

Website ptcil.com
CEO Mr. Sachin Agarwal
Employees 510
Listed 2023-06-09
Face Value ₹ 10
Issued Size 1,49,92,549

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