PTC India
- Market cap
- ₹ 3,961 Cr.
- P/E
- 7.7x
- P/B
- 0.7x
- 52-week range
- 131.5 – 229.51
- ROE
- 10%
- ROCE
- 13%
- Dividend yield
- 22.4%
- Debt / equity
- 0.3
- Sector
- Power
- Industry
- Power Trading
- Listed on
- NSE, BSE
About
PTC India Limited (PTC) is a provider of power trading solutions in India. The Company is engaged in investing in equity or extending debt to power projects in generation, transmission, distribution, fuel resources and fuel-related infrastructure. It offers solutions for generators, solutions for utilities, cross border power trade, PTC retail, consultancy / advisory solutions, energy efficiency, renewable energy, project financing, and EOI for repower. PTC offers a range of services to the utilities, including long and medium-term sales, short-term sales and power banking arrangements. It offers PTC retail solutions to public sector undertakings (PSUs) and Central PSUs, Industrial Clients, Commercial Clients, and independent power producers (IPPs) and captive power producers (CPPs). PTC is providing market advisory services to clients since inception. Its subsidiary is PTC India Financial Services Limited (PFS).
Quick check
The five things to look at first. Open one for more.
Latest announcements
Exchange filings and their impact on the company.
- PTC to invest up to Rs 65 crore in a new wholly owned mineral-exchange subsidiary, pending IBM extension and registration.
On 26 October 2026, PTC India's board approved incorporating a wholly owned subsidiary to set up and operate a delivery-based Mineral Exchange under the Mineral Exchange Rules, 2026. The plan involves an initial Rs 10 crore subscription with total equity commitment of up to Rs 65 crore in tranches. The Indian Bureau of Mines has invited applications by 2 November 2026, for which PTC has sought an extension, and registration remains subject to IBM and Central Government approval, so no near-term revenue is expected.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]AA | Stable | 16 Sep 2026 |
| CRISIL | Withdrawn | — | 22 May 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 16 Sep 2026 | Reaffirmed | [ICRA]AA | — | ICRA | ₹ 6,800 Cr. | |
| 22 May 2026 | Withdrawn | — | — | CRISIL | ₹ 5,800 Cr. | |
| 17 Sep 2025 | Reaffirmed | [ICRA]AA | — | ICRA | ₹ 5,800 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 2 Nov 2026Upcoming | Financial Results | To consider and approve the unaudited financial results for the quarter and half year ended September 30, 2026 |
| 4 Aug 2026 | Financial Results | To consider and approve the unaudited standalone and consolidated financial results for the period ended Jun 30, 2026 |
| 19 May 2026 | Financial Results/Dividend | To consider and approve the audited financial results for the quarter and year ended March 31, 2026 and to consider recommendation of dividend, if any, for FY 2025-26, |
| 14 Feb 2026 | Dividend | To consider interim dividend for FY 2025-26 |
| 11 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 7 Aug 2025 | Financial Results | The meeting of the Board of Directors of the Company is scheduled to be held on Thursday, 07th August, 2025 inter-alia, to consider and approve the Un-audited standalone and consolidated financial results for the quarter ended 30th June, 2025 amongst other items mentioned in the agenda. |
| 26 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,070 | 3,428 | 3,507 | 4,555 | 5,128 | 3,421 | 2,924 | 4,009 | 5,459 | 3,405 | 3,898 | 4,774 |
| Expenses | 4,775 | 3,178 | 3,256 | 4,311 | 4,822 | 3,111 | 2,768 | 3,721 | 5,183 | 3,232 | 3,753 | 4,623 |
| Operating Profit | 295 | 250 | 251 | 244 | 306 | 310 | 156 | 288 | 275 | 173 | 145 | 151 |
| OPM % | 6% | 7% | 7% | 5% | 6% | 9% | 5% | 7% | 5% | 5% | 3.7% | 3.1% |
| Other Income | 72 | −7 | −22 | 173 | 77 | 9 | 421 | 95 | 127 | 68 | 75 | 55 |
| Interest | 109 | 104 | 100 | 173 | 91 | 85 | 99 | 92 | 101 | 64 | 53 | 52 |
| Depreciation | 2 | 3 | 3 | 2 | 2 | 2 | 3 | 2 | 3 | 3 | 3 | 2 |
| Profit before tax | 255 | 136 | 126 | 242 | 290 | 232 | 475 | 289 | 298 | 175 | 164 | 151 |
| Tax % | 21% | 29% | 28% | 22% | 19% | 22% | 22% | 16% | 26% | 25% | 26% | 26% |
| Net Profit | 202 | 97 | 91 | 189 | 234 | 181 | 372 | 243 | 222 | 131 | 121 | 112 |
| EPS in Rs | 6.13 | 2.68 | 2.91 | 5.87 | 7.34 | 5.32 | 11.88 | 6.59 | 6.46 | 3.85 | 3.56 | 3.31 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 2%
- 5 Years
- −2%
- 3 Years
- 2%
- TTM
- 13%
- 10 Years
- 7%
- 5 Years
- 6%
- 3 Years
- 11%
- TTM
- −17%
- 10 Years
- 7%
- 5 Years
- 11%
- 3 Years
- 8%
- TTM
- —
- 10 Years
- 10%
- 5 Years
- 10%
- 3 Years
- 11%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| PTC India | ₹ 136.71 | ₹ 3,961 Cr. | 7.7x | 0.7x | 10% | — |
| Adani Power | ₹ 182.00 | ₹ 70,196 Cr. | 32.2x | 6.4x | 21.2% | 23.9% |
| Power Grid Corporation of India | ₹ 247.20 | ₹ 2,29,911 Cr. | 14.1x | 2.6x | 16.5% | 40% |
| Adani Green Energy | ₹ 1,185.00 | ₹ 1,95,190 Cr. | 129.2x | 12.5x | 10.3% | 12.1% |
| Adani Energy Solutions | ₹ 1,219.85 | ₹ 1,49,972 Cr. | 90.2x | 8.1x | 9.6% | 8.5% |
| Siemens Energy India | ₹ 2,649.00 | ₹ 94,586 Cr. | 109x | 27.5x | 30.2% | 15% |
Management
- Manoj Kumar Jhawar
- Chief Executive Officer, Managing Director, Executive Director
- Pankaj Goel
- Chief Financial Officer, Executive Director
- Rajiv Kumar Maheshwari
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.