PTC India Financial Services Limited (PFS) AI Stock Analysis

• Market Cap: ₹20.99B
• Dividend Yield: N/A
• Average Volume (3M): 41.78K
• Price to Earnings (P/E): 6.0
• Beta (1Y): 1.72
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: ₹43.00 ▲(31.98% 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

PTC India Financial Services Limited generates revenue through various key streams. The primary source of income comes from interest and fees associated with the loans and financing it provides to clients in the power and infrastructure sectors. The company earns interest on the principal amounts disbursed, which is complemented by processing fees and advisory fees charged for its financial services. Additionally, PFS may also generate revenue through investments in financial instruments related to its core business. Strategic partnerships with government entities and private developers further enhance its revenue potential, as they enable PFS to tap into large-scale projects and provide tailored financial solutions that meet the specific needs of its clients.

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: 32.58
• 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 32.58 is below the 20-day moving average (MA) of 33.36, below the 50-day MA of 34.09, and below the 200-day MA of 36.50, indicating a bearish trend. The MACD of -0.24 indicates Positive momentum. The RSI at 39.50 is Neutral, neither overbought nor oversold. The STOCH value of 17.89 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	₹20.99B	5.97	―	―	-17.15%	124.47%
TFCILTD	66 Neutral	₹29.31B	25.67	―	0.92%	5.73%	12.29%
PAISALO	65 Neutral	₹31.34B	15.08	―	0.29%	11.75%	-6.52%
UGROCAP	53 Neutral	₹18.59B	10.21	―	―	33.99%	11.65%
SPANDANA	48 Neutral	₹21.50B	-1.22	―	―	-45.13%	-1646.01%
ESAFSFB	45 Neutral	₹13.22B	-2.26	―	2.64%	-8.71%	-2192.08%

PTC India Financial Services Limited Corporate Events

PTC India Financial Services Shareholders Clear Appointments of Two Independent Directors

PTC India Financial Services Limited has announced that its shareholders have approved, via postal ballot and e-voting, the appointments of Smt. Mini Ipe and Smt. Rashmi Verma as Independent Directors, with both special resolutions passed by an overwhelming majority. The strong voting support across promoter, institutional, and non-institutional categories underlines broad investor confidence in the company’s refreshed board composition, which could strengthen corporate governance and strategic oversight as the lender continues to navigate India’s evolving energy and infrastructure financing landscape.

PTC India Financial Services Completes Postal Ballot Dispatch

PTC India Financial Services Limited announced the completion of dispatching a notice of Postal Ballot, as published in Business Standard in both English and Hindi. This announcement informs stakeholders about the remote e-voting process and related information, which is crucial for maintaining transparency and engagement with shareholders.

PTC India Financial Services Strengthens Board with New Appointments

PTC India Financial Services Limited announced the appointment of Smt. Rashmi Verma as an Additional Director in the capacity of Independent Director for a three-year term, subject to shareholder approval. The company is also seeking shareholder approval via postal ballot for the appointment of Smt. Mini Ipe as a Non-Executive Independent Director. These appointments are expected to strengthen the company’s governance and strategic direction, potentially enhancing its market positioning and operational effectiveness.

PTC India Financial Services Appoints Rashmi Verma as Independent Director

PTC India Financial Services Limited has announced the appointment of Mrs. Rashmi Verma as a Non-Executive Independent Director, effective November 24, 2025. Mrs. Verma brings extensive experience from her career as an IAS officer, having held significant positions in the tourism and textiles sectors, as well as expertise in GST and financial regulation. This strategic appointment is part of the company’s efforts to strengthen its board with experienced leadership, potentially enhancing its governance and strategic direction.