PTC Industries Ltd (PTCIL) AI Stock Analysis

• Market Cap: ₹269.20B
• Dividend Yield: N/A
• Average Volume (3M): 1.14K
• Price to Earnings (P/E): 434.2
• Beta (1Y): 1.54
• Revenue Growth: 66.18%
• EPS Growth: 31.67%
• Country: IN
• Employees: 519
• Sector: Services
• Sector Strength: N/A
• Industry: Manufacturing - Metal Fabrication
• EPS (TTM): 12.10
• Shares Outstanding: 14,992,549
• 10 Day Avg. Volume: 1,156
• 30 Day Avg. Volume: 1,139
• PEG Ratio: 10.28
• Price to Book (P/B): 15.47
• Price to Sales (P/S): 69.64
• P/FCF Ratio: -137.61
• 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: 63 Neutral
• Price Target: ₹18,102.00 ▲(1.29% Upside)

PTC Industries Ltd demonstrates strong financial performance with robust revenue growth and profitability, supported by a solid balance sheet. However, the high P/E ratio suggests overvaluation, and the technical indicators point to potential overbought conditions. The lack of dividend yield further impacts the valuation negatively.

Positive Factors

Revenue Growth

Consistent revenue growth indicates expanding market reach and product adoption, strengthening the company's long-term market position.

Balance Sheet Health

A low debt-to-equity ratio suggests minimal financial leverage, enhancing financial stability and reducing risk in the long term.

Profitability

Strong profitability margins indicate effective cost management and pricing power, supporting sustainable earnings growth.

Negative Factors

Free Cash Flow Challenges

Negative free cash flow can strain liquidity and limit investment flexibility, potentially impacting long-term growth initiatives.

Operational Cost Increase

Rising operational costs can pressure margins and reduce profitability, affecting the company's ability to sustain earnings growth.

Underutilized Cash

Underutilized cash can suggest inefficiencies in capital allocation, potentially limiting returns on investment and growth opportunities.

PTC Industries Ltd Business Overview & Revenue Model

Company Description

PTC Industries Limited manufactures and sells high precision metal castings in India, Norway, the United States, the United Kingdom, Brazil, China, and internationally. The company offers various materials, including alloy steel, stainless steel, duplex and super duplex stainless steel, creep resistant steel, heat resistant steel, nickel-based alloys, cobalt-based alloys, austenitic ductile iron, nickel aluminum bronze, titanium alloys, etc. The company also operates a windmill in Kutch district, Gujarat. It serves aerospace, defense, oil and gas, LNG, energy, marine, medical, and others. The company also exports its products to original equipment manufacturers. The company was formerly known as Precision Tools & Castings Private Limited. PTC Industries Limited was incorporated in 1963 and is based in Lucknow, India.

How the Company Makes Money

PTCIL generates revenue primarily through the sale of its engineered components to clients in the defense, aerospace, and automotive sectors. The company's revenue model is built on long-term contracts and partnerships with key industry players, which provide a stable income stream. Additionally, PTCIL earns money by offering customized solutions and value-added services that cater to specific client needs. The company also invests in research and development to innovate and improve its product offerings, allowing it to maintain a competitive edge and capture new market opportunities.

PTC Industries Ltd Financial Statement Overview

Summary

PTC Industries Ltd shows strong revenue growth and profitability with efficient cost management. The balance sheet is robust with low leverage and strong equity. However, the cash flow statement reveals challenges, particularly in free cash flow, which remains negative due to significant capital expenditures.

Income Statement

PTC Industries Ltd has demonstrated strong revenue growth with a 19.85% increase in 2025 over the previous year. The gross profit margin has improved significantly, reaching 57.38%, indicating efficient cost management. The net profit margin is robust at 19.81%, showcasing profitability. However, the EBIT margin decreased slightly to 17.51%, suggesting increased operational costs affecting operating income. EBITDA margin remained healthy at 35.21%.

Balance Sheet

The balance sheet of PTC Industries Ltd reflects strong financial health, with a low debt-to-equity ratio of 0.04, indicating minimal financial leverage and low risk. The return on equity is impressive at 4.40%, suggesting effective utilization of shareholder funds. The equity ratio is 87.54%, reflecting a strong equity base relative to assets, providing stability. However, the significant cash and short-term investments may indicate underutilized assets.

Cash Flow

PTC Industries Ltd's cash flow statement reveals challenges, particularly in free cash flow, which remains negative. However, operating cash flow improved to 0.56 times net income, indicating better cash generation from operations. The free cash flow to net income ratio is negative, indicating cash outflows exceed earnings. The company needs to address its capital expenditures to improve cash flow sustainability.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.58B	3.08B	2.57B	2.19B	1.80B	1.63B
Gross Profit	2.99B	2.55B	1.95B	1.65B	1.36B	1.22B
EBITDA	665.75M	731.15M	737.90M	596.14M	434.58M	363.63M
Net Income	612.78M	610.18M	422.16M	258.15M	128.12M	43.55M
Balance Sheet
Total Assets	0.00	15.84B	8.96B	5.53B	4.26B	3.97B
Cash, Cash Equivalents and Short-Term Investments	4.04B	3.82B	1.88B	293.21M	36.32M	43.03M
Total Debt	0.00	608.34M	1.82B	1.77B	1.96B	1.81B
Total Liabilities	-13.87B	1.97B	2.50B	2.46B	2.57B	2.42B
Stockholders Equity	13.87B	13.87B	6.46B	3.07B	1.69B	1.55B
Cash Flow
Free Cash Flow	0.00	-1.56B	-2.13B	-494.23M	-33.37M	-217.40M
Operating Cash Flow	0.00	340.73M	-962.79M	468.00M	248.49M	41.32M
Investing Cash Flow	0.00	-5.28B	-604.45M	-1.16B	-284.94M	-203.90M
Financing Cash Flow	0.00	5.50B	2.84B	743.93M	29.03M	168.28M

PTC Industries Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 17870.65
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PTCIL, the sentiment is Positive. The current price of 17870.65 is below the 20-day moving average (MA) of 17935.07, above the 50-day MA of 17862.85, and above the 200-day MA of 15484.71, indicating a bullish trend. The MACD of -20.02 indicates Positive momentum. The RSI at 50.12 is Neutral, neither overbought nor oversold. The STOCH value of 21.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:PTCIL.

PTC Industries Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TCI	70 Outperform	₹79.61B	18.81	―	0.94%	9.97%	16.28%
SCI	70 Outperform	₹100.45B	12.28	―	4.43%	-7.39%	-21.53%
PTCIL	63 Neutral	₹269.20B	434.20	―	―	66.18%	31.67%
IONEXCHANG	60 Neutral	₹50.81B	19.75	―	0.40%	11.56%	-2.78%
AEGISLOG	58 Neutral	₹260.39B	35.44	―	1.09%	5.14%	22.78%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%

PTC Industries Ltd Corporate Events

PTC Industries and Bharat Dynamics Forge Joint Venture for Advanced Propulsion Systems

PTC Industries Limited has signed a Memorandum of Understanding with Bharat Dynamics Limited to form a joint venture aimed at designing, developing, and manufacturing advanced propulsion systems and aero-engines for missiles and UAVs. This collaboration is expected to enhance India’s domestic manufacturing capabilities, reduce reliance on foreign suppliers, and support the ‘Make in India’ initiative by creating a comprehensive, indigenous design-to-delivery pathway for strategic propulsion and engine technologies.