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PTC India Financial Services Limited (IN:PFS)
:PFS
India Market
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PTC India Financial Services Limited (PFS) AI Stock Analysis

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IN:PFS

PTC India Financial Services Limited

(PFS)

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Neutral 61 (OpenAI - 5.2)
Rating:61Neutral
Price Target:
₹31.00
▲(6.06% Upside)
Action:Reiterated
Date:08/09/26
The score is primarily driven by improved profitability and significantly reduced leverage, but is held back by weak cash-flow performance and a multi-year revenue contraction. Technically, the stock shows a weak trend (below major moving averages with negative MACD), while the low P/E provides some valuation support.
Positive Factors
Leverage reduction
A materially lower debt-to-equity ratio meaningfully reduces financial risk and funding cost sensitivity. Sustained lower leverage improves capital flexibility for lending, enhances ability to withstand stress, and supports room for selective growth or higher loss-absorption capacity over the medium term.
Negative Factors
Multi-year revenue contraction
A sustained, multi-year top-line decline erodes scale and limits future fee and interest income potential. Shrinking revenue can compress operating leverage, reduce reinvestment capacity, and signal either run-off of the loan book or difficulty originating new business, making durable earnings growth harder to achieve.
Read all positive and negative factors
Positive Factors
Negative Factors
Leverage reduction
A materially lower debt-to-equity ratio meaningfully reduces financial risk and funding cost sensitivity. Sustained lower leverage improves capital flexibility for lending, enhances ability to withstand stress, and supports room for selective growth or higher loss-absorption capacity over the medium term.
Read all positive factors

PTC India Financial Services Limited (PFS) vs. iShares MSCI India ETF (INDA)

PTC India Financial Services Limited Business Overview & Revenue Model

Company Description
Operating as a non-banking financial company, PTC India Financial Services Limited delivers a diverse array of funding solutions. The firm offers both fund-based and non-fund-based financial assistance through various debt and structured debt inst...
How the Company Makes Money
PFS primarily makes money through its lending and financing operations as an NBFC. Its key revenue streams typically include: (1) Interest income: The largest component is generally interest earned on loans and other credit exposures provided to c...

PTC India Financial Services Limited Financial Statement Overview

Summary
Profitability improved meaningfully and leverage is much healthier (debt-to-equity down to ~0.57x). However, the multi-year revenue decline and a sharp FY2026 drop in operating/free cash flow weaken confidence in earnings quality and sustainability.
Income Statement
72
Positive
Balance Sheet
74
Positive
Cash Flow
45
Neutral
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Sep 2022
Income Statement
Total Revenue5.02B5.18B5.54B7.04B7.49B9.28B
Gross Profit2.15B5.11B2.17B2.76B2.98B3.34B
EBITDA3.71B3.97B2.87B2.24B2.39B1.81B
Net Income3.50B3.19B2.17B1.61B1.76B1.30B
Balance Sheet
Total Assets53.51B49.56B56.83B65.25B76.34B95.16B
Cash, Cash Equivalents and Short-Term Investments9.88B10.42B12.97B15.05B5.90B11.76B
Total Debt22.77B17.68B28.61B39.26B51.22B71.21B
Total Liabilities23.73B18.77B29.28B39.86B51.92B72.52B
Stockholders Equity29.78B30.80B27.54B25.39B24.43B22.64B
Cash Flow
Free Cash Flow11.66B2.20B11.36B25.62B18.87B27.20B
Operating Cash Flow11.66B2.20B11.39B25.63B18.87B27.21B
Investing Cash Flow-10.83B1.70B7.76B-6.89B2.59B-1.54B
Financing Cash Flow-7.22B-10.91B-13.83B-16.69B-24.59B-27.19B

PTC India Financial Services Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price29.23
Price Trends
50DMA
30.20
Negative
100DMA
29.80
Negative
200DMA
31.62
Negative
Market Momentum
MACD
-0.53
Negative
RSI
46.00
Neutral
STOCH
63.71
Neutral
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 29.23 is above the 20-day moving average (MA) of 29.19, below the 50-day MA of 30.20, and below the 200-day MA of 31.62, indicating a bearish trend. The MACD of -0.53 indicates Negative momentum. The RSI at 46.00 is Neutral, neither overbought nor oversold. The STOCH value of 63.71 is Neutral, 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

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
₹982.98B6.145.42%0.21%-4.87%
66
Neutral
₹1.40T5.414.62%5.79%12.66%
63
Neutral
₹779.89B24.490.91%12.56%19.25%
61
Neutral
₹17.77B7.99-22.40%-27.87%
61
Neutral
₹335.98B17.850.50%22.85%6.16%
57
Neutral
₹206.33B114.243.40%6.97%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:PFS
PTC India Financial Services Limited
28.98
-9.32
-24.33%
IN:IFCI
IFCI Limited
73.95
20.74
38.98%
IN:IREDA
Indian Renewable Energy Development Agency Ltd.
120.00
-24.95
-17.21%
IN:LTF
L&T Finance Ltd
310.90
115.17
58.84%
IN:PFC
Power Finance Corporation Limited
419.50
19.23
4.81%
IN:RECLTD
REC Limited
366.00
-1.56
-0.42%

PTC India Financial Services Limited Corporate Events

PTC India Financial Services Publishes Postal Ballot, E-Voting Notice
Jun 6, 2026
PTC India Financial Services Limited has announced that it has completed the dispatch of its postal ballot notice to shareholders, with details of remote e-voting and related instructions also publicized through newspaper advertisements in English...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 09, 2026