PTC Industries
- Market cap
- ₹ 35,102 Cr.
- P/E
- 296.3x
- P/B
- 24.62x
- 52-week range
- 14,499 – 26,085
- ROE
- 7%
- ROCE
- 8%
- Dividend yield
- 0%
- Debt / equity
- 0.17
- Sector
- Industrial Products
- Industry
- Castings & Forgings
- Listed on
- NSE, BSE
About
PTC Industries Limited is an India-based company, which is engaged in manufacturing of precision metal components for critical applications. It is primarily engaged in the manufacturing of metal components. It operates through the Engineering and allied activities segment. Its technologies include Replicast, Rapidcast, Investment Casting, Ticast, ForgeCast, Powderforge, Print Cast and Titanium Powder Manufacture. Replicast is a molding and casting process. It has developed its own Rapidcast technology for the production of castings from large patterns. It applies ReplicCast, RapidCast and investment casting methods in the designs of marine and propulsion system components. Its products include Pump, Valve, Propulsion, flow control, and Titanium Casting. It serves a range of industries, including aerospace, liquefied natural gas (LNG) processing, oil and gas, pulp and paper, ship and marine, and petrochemical. Its subsidiary includes Aerolloy Technologies Limited.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Castings & Forgings: 30 companies →PTC Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)296.3 against a typical 24.8: pricier than most peers (1st = cheapest).29th of 30
- Sales growth+97.9% against a typical +8% from a year earlier.2nd of 23
- Profit growth+480% against a typical +4.9% from a year earlier.2nd of 22
- Share price, 3 months+33.5% against a typical −0.8%.2nd of 28
- Size₹ 35,101.8 Cr. market value against a typical ₹ 208.1 Cr. (1st = largest).1st of 30
Latest announcements
Exchange filings and their impact on the company.
- Aerolloy won a second Safran LEAP titanium-castings development order with MoU for long-term serial supply.
Aerolloy Technologies, a wholly owned subsidiary of PTC Industries, has been selected by Safran Aircraft Engines for development and manufacture of critical titanium cast components in fully machined, ready-to-fit condition for the LEAP engine programme powering A320neo, 737 MAX and C919. This is the second set of LEAP titanium orders from Safran, and the two sides signed an MoU for long-term serial production after successful development and qualification. No order value or timeline was disclosed, with execution described as a long-term agreement.
- PTC raised Rs 1,800 cr via QIP at Rs 21,060, doubling equity to fund aerospace and defence expansion.
PTC Industries completed a Rs 1,800 crore Qualified Institutions Placement, issuing 854,700 shares at Rs 21,060 per share. The issue was oversubscribed over 5 times, led by Fidelity Investments with Rs 850 crore, Capital Group with Rs 355 crore and others. The funds will support expansion across aerospace, defence, space and energy, including Aerolloy Technologies and Trac Precision Solutions.
- PTC raised Rs 1800 cr via QIP at Rs 21060 with 5.7% dilution, more than doubling net worth to fund expansion.
PTC Industries allotted 8,54,700 shares at Rs 21,060 each to raise Rs 1,800 crore via QIP, which opened on Oct 6 and closed on Oct 9, 2026. The issue was placed at a 4.92% discount to floor price with marquee investors like Smallcap World Fund, Fidelity funds and HDFC Mutual Fund. Paid-up share capital rose to 1,58,47,249 shares, implying about 5.7% dilution, sharply strengthening the balance sheet to fund manufacturing expansion.
- PTC closed its QIP raising ~Rs 1800 cr at Rs 21,060, more than doubling net worth to fund expansion.
PTC Industries closed its qualified institutional placement on 9 Oct 2026, allocating 8,54,700 shares at Rs 21,060 per share to raise about Rs 1,800 crore. The price was at a 4.92% discount to the Rs 22,150 floor price. The large raise sharply boosts net worth and funds its advanced manufacturing expansion, though it increases share count by about 57%.
- PTC opened its QIP at Rs 22,150 floor price to raise growth capital.
PTC Industries opened its qualified institutional placement on October 6, 2026 after board approvals in June and September and shareholder approval on August 1. It fixed the floor price at Rs 22,150 per share of Rs 10 face value, with up to 5% discount possible, and the issue price to be set with book running lead managers. The funds are expected to strengthen its balance sheet and fund manufacturing expansion, with modest dilution for existing shareholders.
- Q1 sales nearly doubled and profit jumped 5x as PTC readies a QIP to fund its large capacity expansion.
PTC Industries approved special-purpose Q1 FY27 financials for inclusion in its proposed QIP placement document. Revenue rose to Rs 191.8 crore from Rs 97.1 crore a year ago and net profit jumped to Rs 29.2 crore from Rs 5.2 crore, with domestic sales up sharply. The QIP, combined with ongoing expansion with Rs 359 crore of work-in-progress, is set to boost growth capital, net worth and capacity over the next year.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]A | Stable | 27 Apr 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 27 Apr 2026 | Reaffirmed | [ICRA]A | — | ICRA | ₹ 355 Cr. | |
| 27 Mar 2026 | ▲ Upgrade | [ICRA]A | — | ICRA | ₹ 355 Cr. |
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 13 Oct 2026 | QIP | Allotted | ₹ 1,800 Cr. | ₹ 21,060 | +13.89% | |
| 9 Oct 2026 | QIP | Allotted | ₹ 1,800 Cr. | ₹ 21,060 | +13.89% | |
| 9 Oct 2026 | QIP | Issue closed | ₹ 1,800 Cr. | ₹ 21,060 | +13.89% | |
| 6 Oct 2026 | QIP | Issue opened | — | ₹ 22,150 | +8.28% | |
| 6 Oct 2026 | QIP | Board to consider | — | — | — |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 14 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 27 Jun 2026 | Fund Raising | To consider Fund Raising |
| 30 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 14 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 8 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
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 | 58 | 55 | 72 | 47 | 72 | 67 | 122 | 97 | 125 | 156 | 225 | 192 |
| Expenses | 42 | 40 | 51 | 37 | 51 | 52 | 93 | 88 | 99 | 131 | 153 | 143 |
| Operating Profit | 16 | 15 | 22 | 10 | 21 | 15 | 29 | 9 | 26 | 25 | 73 | 49 |
| OPM % | 27% | 28% | 30% | 21% | 29% | 23% | 24% | 9% | 21% | 16% | 32% | 25% |
| Other Income | 3 | 4 | 4 | 4 | 8 | 10 | 11 | 11 | 8 | 10 | 12 | 5 |
| Interest | 4 | 4 | 3 | 3 | 3 | 1 | 1 | 2 | 2 | 3 | 2 | 4 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 5 | 8 | 9 | 9 | 9 | 10 | 14 |
| Profit before tax | 11 | 10 | 18 | 6 | 22 | 19 | 31 | 9 | 23 | 23 | 72 | 37 |
| Tax % | 23% | 22% | 20% | 23% | 21% | 24% | 21% | 43% | 21% | 18% | 17% | 21% |
| Net Profit | 8 | 8 | 15 | 5 | 17 | 14 | 25 | 5 | 18 | 18 | 60 | 29 |
| EPS in Rs | 6 | 5.95 | 10.19 | 3.39 | 11.56 | 9.5 | 16.4 | 3.44 | 12.11 | 12.24 | 39.96 | 19.47 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 20%
- 5 Years
- 30%
- 3 Years
- 40%
- TTM
- 95%
- 10 Years
- 32%
- 5 Years
- 101%
- 3 Years
- 58%
- TTM
- 103%
- 10 Years
- 73%
- 5 Years
- 84%
- 3 Years
- 52%
- TTM
- —
- 10 Years
- —
- 5 Years
- 7%
- 3 Years
- 7%
- 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 Industries | ₹ 23,985.00 | ₹ 35,102 Cr. | 296.3x | 24.6x | 7% | — |
| JSW Steel | ₹ 1,187.00 | ₹ 2,90,275 Cr. | 41.6x | 3x | — | 14.8% |
| Lloyds Metals And Energy | ₹ 1,780.40 | ₹ 1,00,195 Cr. | 27.8x | 7.6x | 36.2% | 22.4% |
| Jindal Steel | ₹ 1,012.00 | ₹ 1,04,634 Cr. | 25.9x | 2.1x | 6.9% | 6.3% |
| Welspun Corp | ₹ 2,402.00 | ₹ 63,363 Cr. | 25.9x | 4.6x | 19.4% | 9.7% |
| Jindal Stainless | ₹ 684.00 | ₹ 56,394 Cr. | 18.8x | 3.1x | 17.5% | 7.4% |
Management
- Sachin Agarwal
- Executive Chairman of the Board, Managing Director
- Smita Agarwal
- Chief Financial Officer, Whole Time Director
- James Michael Collins
- Chief Technology Officer
- Pragati Gupta Agarwal
- Compliance Officer, Company Secretary
- Alok Agarwal
- Whole Time Director - Quality and Technical
- Priya Ranjan Agarwal
- Whole Time Director - Marketing
Prices are delayed and for information only. Nothing on this page is investment advice.