PTCIL
PTC Industries share price & financials
- Price
- ₹17,941
- Market cap
- ₹35.5k Cr
- Sector
- Capital Goods
- Calls analysed
- 1
PTC Industries Q4 FY23
Revenue ₹226 cr (+22% YoY); EBITDA ₹66 cr (+36% YoY); EBITDA Margin 29%. Annual Revenue reached ₹226 crores, representing a 22% YoY growth from ₹155 crores.
Read the full call →What PTC Industries Limited does
PTC Industries operates an integrated melt-to-machining platform spanning investment casting, primary titanium/superalloy metal production, forging and precision machining. It serves aerospace, defence, space, oil & gas, marine, energy and industrial customers, earning revenue by casting and machining flight-critical and industrial components (e.g. turbine frames, airframe structures, propellant tanks, pump and valve castings) and by producing titanium and superalloy ingots, billets and mill products. Aerolloy Technologies (ATL) is its dedicated aerospace & defence titanium/superalloy castings and materials business, and UK subsidiary Trac Precision Solutions adds precision machining and finishing of titanium/superalloy components for global OEMs.
Segments
- Aerolloy Technologies (ATL)
- Trac Precision Solutions (UK)
- PTC Industries (industrial castings)
- Manufacturing/machining facilities
- 5 (Mehsana-Gujarat industrial castings hub; Lucknow AMTC investment-casting centre; Lucknow Aerolloy aerospace casting facility; Lucknow titanium & superalloy materials plant; Trac Precision machining facility, UK)
- Employees on roll
- 971+
- Newly installed open-die forging system capacity
- 4,500 / 5,100 tonnes (India's largest single-site open-die forging system, at SMTC Lucknow)
- Advanced melting/remelting technologies deployed
- VAR, EBCHR, PAM, VIM (4 technologies)
- Proprietary casting/forging process technologies
- RepliCast®, RapidCast™, PrintCast™, ForgeCAST™ (4 licensed/proprietary processes)
- Geographic manufacturing footprint
- Uttar Pradesh and Gujarat (India), plus United Kingdom (via Trac Precision Solutions)
Guidance record · Q4 FY23
what the last two calls moved 4 tracked 0 delivered 0 missed 4 open- Aerospace Casting Capacity open said Q4 FY23 Promised: 600 tons (300 tons titanium, 300 tons superalloy) Q4 FY23: Target set for the next 3-5 years, up from current 40 tons.
All 4 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 121.1%, net profit down 36.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 69 | 58 | 69 | 51 | 75 +8% | 68 +17% | 96 +39% | 113 +121% |
| EBITDA | 11 | 6 | 15 | 5 | 9 −11% | 7 +11% | 9 −41% | 9 +64% |
| Net profit | 9 | 8 | 15 | 8 | 8 −10% | 6 −32% | 11 −27% | 5 −37% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +68.4% 1Y
1Y: ₹14,030 on 10 Sept 2025 → ₹23,630. High ₹23,830 (4 Sept 2026), low ₹14,030 (10 Sept 2025).
Financials, as filed
Revenue grew 9.8% a year over 3 years, FY23 to FY26. Operating margin narrowed to 10.5%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹219 Cr | ₹247 Cr | ₹243 Cr | ₹290 Cr |
| Operating profit | ₹58 Cr | ₹49 Cr | ₹38 Cr | ₹30 Cr |
| Operating margin | 26.4% | 19.8% | 15.7% | 10.5% |
| Interest | ₹16 Cr | ₹15 Cr | ₹8 Cr | ₹5 Cr |
| Depreciation | ₹16 Cr | ₹16 Cr | ₹17 Cr | ₹19 Cr |
| Net profit | ₹26 Cr | ₹24 Cr | ₹35 Cr | ₹33 Cr |
| Net margin | 11.8% | 9.7% | 14.4% | 11.4% |
| Cash from operations | ₹55 Cr | ₹16 Cr | ₹45 Cr | ₹17 Cr |
| Free cash flow | ₹25 Cr | ₹-6 Cr | ₹28 Cr | ₹-18 Cr |
| ROCE | 11.0% | 8.0% | 5.0% | 4.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹5 Cr | ₹5 Cr | ₹13 Cr | ₹14 Cr | ₹15 Cr | ₹15 Cr |
| Reserves | ₹150 Cr | ₹160 Cr | ₹284 Cr | ₹604 Cr | ₹1.4k Cr | ₹1.3k Cr |
| Borrowings | ₹176 Cr | ₹191 Cr | ₹139 Cr | ₹143 Cr | ₹179 Cr | ₹71 Cr |
| Other liabilities | ₹61 Cr | ₹58 Cr | ₹66 Cr | ₹59 Cr | ₹150 Cr | ₹97 Cr |
| Total liabilities | ₹393 Cr | ₹415 Cr | ₹503 Cr | ₹820 Cr | ₹1.7k Cr | ₹1.5k Cr |
| Fixed assets | ₹211 Cr | ₹234 Cr | ₹226 Cr | ₹212 Cr | ₹451 Cr | ₹269 Cr |
| Capital work in progress | ₹29 Cr | ₹6 Cr | ₹29 Cr | ₹43 Cr | ₹338 Cr | ₹4 Cr |
| Investments | ₹8 Cr | ₹22 Cr | ₹65 Cr | ₹189 Cr | ₹3 Cr | ₹876 Cr |
| Other assets | ₹144 Cr | ₹153 Cr | ₹184 Cr | ₹376 Cr | ₹954 Cr | ₹383 Cr |
| Total assets | ₹393 Cr | ₹415 Cr | ₹503 Cr | ₹820 Cr | ₹1.7k Cr | ₹1.5k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public trimmed −2.16 pp while DIIs added +1.62 pp. The shareholder count grew 17% to 26,540.
- Promoters
- 59.7%
- FIIs
- 4.0%
- DIIs
- 9.3%
- Public
- 27.0%
Since Jun 2025
- Public −2.16 pp
- DIIs +1.62 pp
- FIIs +0.56 pp
How it drifted, 12 quarters
Over this window DIIs went from 0.3% to 9.3% — +9.0 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 67.0%, FIIs 1.7%, DIIs 0.3%, Public 30.9%.Dec '23: Promoters 67.0%, FIIs 1.8%, DIIs 0.5%, Public 30.8%.Mar '24: Promoters 63.0%, FIIs 3.8%, DIIs 0.4%, Public 32.8%.Jun '24: Promoters 62.9%, FIIs 3.4%, DIIs 1.3%, Public 32.5%.Sep '24: Promoters 59.8%, FIIs 4.5%, DIIs 4.6%, Public 31.0%.Dec '24: Promoters 59.8%, FIIs 3.4%, DIIs 6.5%, Public 30.4%.Mar '25: Promoters 59.8%, FIIs 3.1%, DIIs 7.6%, Public 29.6%.Jun '25: Promoters 59.8%, FIIs 3.4%, DIIs 7.7%, Public 29.1%.Sep '25: Promoters 59.8%, FIIs 3.4%, DIIs 8.5%, Public 28.3%.Dec '25: Promoters 59.7%, FIIs 3.9%, DIIs 8.4%, Public 28.0%.Mar '26: Promoters 59.7%, FIIs 4.0%, DIIs 9.2%, Public 27.1%.Jun '26: Promoters 59.7%, FIIs 4.0%, DIIs 9.3%, Public 27.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Motilal Oswal Large And Midcap Fund Mutual fund +0.11 pp 3.83% held
The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of PTC Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Sachin Agarwal | 19.05% | unchanged |
| Mapple Commerce Private Limited | 10.67% | unchanged |
| Nirala Merchants Private Limited | 7.86% | unchanged |
| Priya Ranjan Agarwal | 6.59% | unchanged |
| Sachin Agarwal Huf (Karta Sachin Agarwal) | 4.47% | unchanged |
| Motilal Oswal Large And Midcap Fund Mutual fund | 3.83% | +0.11 pp |
| Alok Agarwal | 3.64% | unchanged |
| Viven Advisory Services Private Limited | 2.89% | unchanged |
| Vikas Vijaykumar Khemani | 2.57% | unchanged |
| Mona Russell Mehta | 2.33% | −0.06 pp |
| Smita Agarwal | 2.24% | unchanged |
| Anshoo Agarwal | 1.23% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Mutual funds in PTCIL
Filings to Aug 2026
0 new, 4 added, 1 trimmed, 0 sold out — net +0.00 L shares (+1.1%).
- Held by funds
- ₹34 Cr
- 5 schemes
- Biggest holder
- Nippon India Nifty Smallcap 250 Index Fund
- ₹21 Cr · 0.6% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| Nippon India Nifty Smallcap 250 Index Fund Nippon India Mutual Fund | ₹21 Cr | +0.00 L | Sep '24 |
| SBI Nifty Smallcap 250 Index Fund SBI Mutual Fund | ₹11 Cr | +0.00 L | Sep '24 |
| Nippon India Nifty 500 Equal Weight Index Fund Nippon India Mutual Fund | ₹1 Cr | +0.00 L | Sep '24 |
| SBI Nifty 500 Index Fund SBI Mutual Fund | ₹1 Cr | −0.00 L | Sep '24 |
| SBI Nifty Small Cap 250 ETF SBI Mutual Fund | ₹0 Cr | +0.00 L | May '26 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Aug 2026
4 added, 1 trimmed — net +174 shares (+1.1%)
- Funds are sitting on
- +23%
- vs est. average cost
- Held by funds
- ₹34 Cr
- 5 schemes · ≈ 0.08% of the company
- Biggest holder
- Nippon India Nifty Smallcap 250 Index Fund
- ₹21 Cr · 0.6% of that fund
Shares held by these funds +79%
Sep '24 15,243 shares Jul '26
What the price assumes
ExpensiveInsufficient data to quantify the expectations gap.
- Growth the price implies
- More than any plausible rate
- for 7 years, fading to 4%
- It has actually compounded at
- 8.4% a year
- net profit, FY23–FY26 · EPS 4.2%
- The gap
- —
- -99% downside if it only repeats history
Learn to analyse PTC Industries Limited
Guides on how to read this kind of business and the numbers that matter.