PTC India Financial Services Limited (PFS) AI Stock Analysis

• Market Cap: ₹23.26B
• Dividend Yield: N/A
• Average Volume (3M): 41.78K
• Price to Earnings (P/E): 6.6
• Beta (1Y): 1.91
• Revenue Growth: -17.15%
• EPS Growth: 124.47%
• Country: IN
• Employees: 46
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Credit Services
• EPS (TTM): 1.37
• Shares Outstanding: 642,283,300
• 10 Day Avg. Volume: 32,916
• 30 Day Avg. Volume: 41,777
• PEG Ratio: 0.27
• Price to Book (P/B): 0.76
• Price to Sales (P/S): 3.29
• P/FCF Ratio: 1.83
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: ₹43.00 ▲(30.50% Upside)

PTC India Financial Services Limited's overall stock score is driven by its stable financial performance and attractive valuation. The company demonstrates strong operational efficiency and cash flow management, but faces challenges in revenue growth and high leverage. Technical indicators suggest a neutral market position, with no strong momentum. The stock's low P/E ratio indicates potential undervaluation, enhancing its attractiveness despite the lack of a dividend yield.

Positive Factors

Operational Efficiency

Strong operational efficiency indicates effective management and cost control, which can lead to sustained profitability and competitive advantage.

Cash Flow Management

Effective cash flow management ensures liquidity and financial flexibility, enabling the company to invest in growth opportunities and manage debt.

Leverage Management

Improved leverage management reduces financial risk and enhances the company's ability to withstand economic fluctuations.

Negative Factors

Revenue Growth Challenges

Negative revenue growth can hinder long-term profitability and market position, necessitating strategic initiatives to reverse the trend.

High Leverage

High leverage can increase financial risk, potentially limiting the company's ability to invest in growth and navigate downturns.

Inconsistent Cash Flow Growth

Inconsistent cash flow growth can impact the company's ability to plan for long-term investments and manage financial obligations effectively.

PTC India Financial Services Limited Business Overview & Revenue Model

Company Description

PTC India Financial Services Limited, a non-banking finance company, provides various financing solutions. It offers fund based/non-fund based financial assistance in the form of debt or structured debt instruments, such as term debt or project debt, corporate debt, bridge debt, and bills discounting, as well as letters of comfort, credit enhancement schemes, and deferred payment guarantees. The company also acts as underwriter, lead FI, syndicator, security and facility agent, project appraiser, and DPR consultant/preparer. In addition, it invests in green-field and brown-field projects. The company was incorporated in 2006 and is based in New Delhi, India. PTC India Financial Services Limited is a subsidiary of PTC India Limited.

How the Company Makes Money

PFS generates revenue primarily through interest income on the loans it provides to its clients. This includes project financing and term loans, which typically come with interest rates that reflect the risk and duration of the funding. Additionally, the company earns fees from advisory services related to project finance and capital structuring. PFS may also generate income from investment activities, including equity investments in infrastructure projects or financial instruments. Strategic partnerships with governmental and non-governmental organizations further enhance its ability to secure funding and diversify its revenue streams, contributing significantly to its overall earnings.

PTC India Financial Services Limited Financial Statement Overview

Summary

PTC India Financial Services Limited exhibits stable financial performance with strong operational efficiency and cash flow management. However, challenges in revenue growth and high leverage need to be addressed to ensure long-term financial health.

Income Statement

PTC India Financial Services Limited has shown a mixed performance in its income statement. The company has a strong EBIT and EBITDA margin, indicating efficient operations. However, the revenue growth rate has been negative in recent years, which is a concern. The net profit margin is healthy, but the declining revenue trend needs to be addressed to sustain profitability.

Balance Sheet

The balance sheet reveals a moderate financial position. The debt-to-equity ratio has improved over the years, indicating better leverage management, but it remains relatively high. Return on equity is modest, reflecting average profitability. The equity ratio suggests a balanced asset structure, but the company should focus on reducing debt levels further to enhance financial stability.

Cash Flow

Cash flow analysis shows a strong free cash flow to net income ratio, indicating good cash generation relative to earnings. The operating cash flow to net income ratio is also favorable. However, the free cash flow growth rate has been inconsistent, with significant fluctuations over the years. Overall, the company demonstrates solid cash flow management, but consistency in growth is needed.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.34B	5.54B	7.04B	7.49B	9.28B	11.12B
Gross Profit	2.19B	2.17B	2.76B	2.98B	3.34B	3.55B
EBITDA	3.73B	2.87B	2.24B	2.39B	1.81B	1.07B
Net Income	3.09B	2.17B	1.61B	1.76B	1.30B	256.03M
Balance Sheet
Total Assets	0.00	56.83B	65.25B	76.34B	95.16B	115.32B
Cash, Cash Equivalents and Short-Term Investments	0.00	12.97B	15.05B	5.90B	11.76B	8.59B
Total Debt	0.00	28.61B	39.26B	51.22B	71.21B	91.74B
Total Liabilities	-27.54B	29.28B	39.86B	51.92B	72.52B	94.13B
Stockholders Equity	27.54B	27.54B	25.39B	24.43B	22.64B	21.20B
Cash Flow
Free Cash Flow	0.00	11.36B	25.62B	18.87B	27.20B	13.11B
Operating Cash Flow	0.00	11.39B	25.63B	18.87B	27.21B	13.11B
Investing Cash Flow	0.00	7.76B	-6.89B	2.59B	-1.54B	-1.62B
Financing Cash Flow	0.00	-13.83B	-16.69B	-24.59B	-27.19B	-8.83B

PTC India Financial Services Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 32.95
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PFS, the sentiment is Negative. The current price of 32.95 is below the 20-day moving average (MA) of 34.94, below the 50-day MA of 35.46, and below the 200-day MA of 36.42, indicating a bearish trend. The MACD of -0.73 indicates Positive momentum. The RSI at 32.93 is Neutral, neither overbought nor oversold. The STOCH value of 9.34 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:PFS.

PTC India Financial Services Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
PFS	66 Neutral	₹23.26B	6.65	―	―	-17.15%	124.47%
PAISALO	65 Neutral	₹34.72B	16.83	―	0.28%	11.75%	-6.52%
TFCILTD	58 Neutral	₹32.40B	29.73	―	0.91%	5.73%	12.29%
UGROCAP	53 Neutral	₹20.56B	11.39	―	―	33.99%	11.65%
SPANDANA	48 Neutral	₹21.54B	-1.23	―	―	-45.13%	-1646.01%
ESAFSFB	45 Neutral	₹13.47B	―	―	2.63%	-8.71%	-2192.08%

PTC India Financial Services Limited Corporate Events

PTC India Financial Services Receives SEBI Compliance Certificate

PTC India Financial Services Limited has announced the receipt of a certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, from KFIN Technologies Limited. This certificate confirms the company’s compliance with dematerialization processes for equity shares, ensuring that securities are properly listed, verified, and recorded, which is crucial for maintaining transparency and trust with stakeholders.

PTC India Financial Services Appoints Ms. Mini Ipe as Independent Director

PTC India Financial Services Limited has announced the appointment of Ms. Mini Ipe as a Non-Executive Independent Director, effective from October 5, 2025. Ms. Ipe brings over 37 years of experience in the insurance sector, having held significant roles at Life Insurance Corporation of India, and her appointment is expected to strengthen the company’s governance and strategic direction.

PTC India Financial Services Announces Resignation of Independent Directors

PTC India Financial Services Limited announced the resignation of three Independent Directors, including Mr. Naveen Bhushan Gupta, effective September 26, 2025. This change in the board composition may impact the company’s governance and strategic direction, as these directors held significant roles in various committees.

PTC India Financial Services Announces Resignation of Independent Directors

PTC India Financial Services Limited announced the resignation of three independent directors, including Mrs. PV Bharathi, effective September 26, 2025. This development could impact the company’s governance and strategic direction, as independent directors play a crucial role in oversight and decision-making processes.

PTC India Financial Services Announces Resignation of Independent Directors

PTC India Financial Services Limited announced the resignation of three independent directors, Mrs. Seema Bahuguna, Shri Naveen Bhushan Gupta, and Smt. PV Bharathi, effective from September 26, 2025. The resignations were accompanied by detailed reasons, with confirmations that no other material reasons exist beyond those provided. This change in the board composition could impact the company’s governance and strategic direction.

PTC India Financial Services Sees Improved Credit Rating Outlook

PTC India Financial Services Limited announced a credit rating update from CRISIL, which reaffirmed its ratings for various financial instruments while revising the outlook from ‘Negative’ to ‘Stable’. This update reflects positively on the company’s financial stability and strategic direction, potentially enhancing its reputation and attractiveness to investors in the infrastructure finance sector.