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PTC India Ltd (PTC)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532524 NSE: PTC Power Generation/Distribution | Small Cap | PTC India Share Price

₹195.30 4.65 (2.44%)

As on 16-Jun'26 16:59

PTC India Ltd (PTC)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532524 NSE: PTC Power Generation/Distribution | Small Cap | PTC India Share Price

₹195.30 4.65 (2.44%)

As on 16-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹5,643 Cr.
Current Price
₹195.3
52-Week Low / High
₹150 / 229
TTM EPS
₹13.4
TTM Sales
₹16,212 Cr.
Book Value per Share
₹159.8
P/E Ratio
14.21
Higher than its 5-year historical median
Industry PE
29.4
Price to Book (P/B)
1.19
Higher than its 5-year historical median
Price to Sales (P/S)
0.35
Higher than its 5-year historical median
EV/EBITDA
4.43
Lower than its 5-year historical median
Dividend Yield
5.99%
Profitability Efficiency
Return on Equity (ROE)
19.18%
Outperforms industry median
Return on Capital Employed (ROCE)
23.17%
Outperforms industry median
Return on Assets (ROA)
10.63%
Operating Profit Margin
3.4%
Net Profit Margin
5.48%
Gross Profit Margin
3.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-2.47%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
22.55%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
131.66%
Asset Quality
Promoter Holding
16.22%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹4,434 Cr.
Equity
₹296 Cr.
Face Value
₹10
All Time Low / High
₹27.75 / 254.65

PTC India stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Overvalued

Price Trend

Semi Strong
Q.1 Is PTC India Ltd a good quality company?
PTC India Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does PTC India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of PTC India Ltd vs industry peers?
PTC India Ltd revenue CAGR is -1.03%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of PTC India Ltd?
Promoters hold 16.22% of the PTC India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of PTC India Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 11.3% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
PTC India Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 14.4%14.7%14.7%13.2%11.1%13.3%12.5%10.9%11.3%23.2%-
Value Creation
Index
0.00.10.1-0.1-0.2-0.1-0.1-0.2-0.20.7-

Growth Parameters

Sales 12,47614,07511,31513,49616,44316,96315,63114,88716,00715,61116,212
Sales YoY Gr.-12.8%-19.6%19.3%21.8%3.2%-7.9%-4.8%7.5%-2.5%-
Adj EPS 7.59.610.78.810.813.914.312.312.816.313.4
YoY Gr.-28.7%11.2%-17.6%22.7%28.4%3.1%-14.3%4.2%27.5%-
BVPS (₹) 97.5103.9108.8112.4118.7125.1132.3139.6140.1161159.8
Adj Net
Profit
221284316261320411423363378482397
Cash Flow from Ops. -181941-299-482-2357062671,302-468786-
Debt/CF from Ops. -4.10.8-2.3-2-3.51.44.60.2-0.90.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 2.5%-1%-0%-2.5%
Adj EPS 9.1%8.6%4.4%27.5%
BVPS5.7%6.3%6.8%14.9%
Share Price 10% 12.6% 22.3% 9.8%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
89.610.189.411.411.199.110.88.4
Op. Profit
Mgn %
2.52.23.23.12.73.73.932.83.51.6
Net Profit
Mgn %
1.822.81.922.42.72.42.43.12.5
Debt to
Equity
0.30.20.20.30.20.30.30.10.100
Working Cap
Days
11311413413214014015015213012678
Cash Conv.
Cycle
2921233644475044384438

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales12,47614,07511,31513,49616,44316,96315,63114,88716,00715,611
Operating Expenses + 12,17013,76510,95113,08116,00516,33015,02714,44015,56715,073
Manufacturing Costs12,12313,69210,88213,00715,90516,24014,89414,32115,39914,906
Material Costs0000000000
Employee Cost 25293033394552616867
Other Costs 2244394161458158101100
Operating Profit 306310364414438633604447439538
Operating Profit Margin (%) 2.5%2.2%3.2%3.1%2.7%3.7%3.9%3.0%2.7%3.4%
Other Income + 184239203132453014228934
Exceptional Items -38-0000-60050-20522
Interest 105137120145583443342035
Depreciation 4333334443
Profit Before Tax 3444094453974235665714814841,056
Tax 110118126135102155147112115202
Profit After Tax 234291319262320410425370369855
PAT Margin (%) 1.9%2.1%2.8%1.9%2.0%2.4%2.7%2.5%2.3%5.5%
Adjusted EPS (₹)7.99.810.88.910.813.914.412.512.528.9
Dividend Payout Ratio (%)31.60%30.50%37.10%45.10%50.90%54.10%54.40%62.50%62.60%40.50%

Valuation of PTC India - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 2,8863,0753,2203,3283,5133,7023,9154,1324,1484,767
Share Capital 296296296296296296296296296296
Reserves 2,5902,7792,9243,0323,2173,4063,6193,8363,8524,471
Debt +7156836499328339571,231202401101
Long Term Debt715683649620112211
Short Term Debt0003138329561,230200400101
Minority Interest0000000000
Trade Payables2,4792,7322,2312,9484,3373,6244,2863,9943,5292,933
Others Liabilities 981071051261391071118870136
Total Liabilities 6,1776,5976,2057,3348,8218,3919,5448,4168,1487,937

Fixed Assets

Net Fixed Assets +25252322212122191816
Gross Block28313234343741404239
Accumulated Depreciation46912141619212423
CWIP 0000000000
Investments 1,3692,2681,7461,6041,6171,9571,7781,647916861
Inventories0000000000
Trade Receivables3,7083,2713,2704,7176,7885,8366,7395,3985,7554,762
Cash Equivalents flag 161169292952094188981,1796882,162
Others Assets 913864874897187158107173771137
Total Assets 6,1776,5976,2057,3348,8218,3919,5448,4168,1487,937

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -181941-299-482-2357062671,302-468786
PBT 3444094453974235665714814841,056
Adjustment -37-81-7723267268-265-468
Changes in Working Capital -348700-535-763-570231-2431009-843397
Tax Paid -141-87-132-139-113-163-130-162-114-200
Cash Flow From Investing Activity + 323-70465526631-354171-2422690
Capex -1-8-12-2-2-3-3-1-2-1
Net Investments 187-87437111-4-371165209-431,237
Others 137-61023015736219-233271-1,146
Cash Flow From Financing Activity + -230-230-243-0328-12514-1,231-44-557
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -102-135-117-144-55-27-37-30-13-27
Dividend Paid -72-81-94-141-136-222-222-172-231-231
Others -57-14-31284519124273-1,030200-300
Net Cash Flow -887114-21612322745347-286318

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)8.499.7610.148.019.3611.3711.159.198.9119.18
ROCE (%)14.3514.7314.6513.2211.1213.3312.5410.8811.3423.17
Asset Turnover Ratio2.262.21.771.992.041.971.741.661.931.94
PAT to CFO Conversion(x)-0.773.23-0.94-1.84-0.731.720.633.52-1.270.92
Working Capital Days
Receivable Days9190.50105.50108127.70135.80146.80148.80127.20123
Inventory Days0000000000
Payable Days0000000000

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

PTC India Ltd FAQs

The current trading price of PTC India on 16-Jun-2026 16:59 is ₹195.3.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 15-Jun-2026 the market cap of PTC India stood at ₹5,643.4 Cr

The latest P/E ratio of PTC India as of 15-Jun-2026 is 14.21.

The latest P/B ratio of PTC India as of 15-Jun-2026 is 1.19.

The 52-week high of PTC India is ₹229.4 and the 52-week low is ₹149.9.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of PTC India is ₹16,212 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that PTC India Ltd is a average quality company.

The key valuation ratios of PTC India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of PTC India Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About PTC India Ltd

PTC India Ltd. (formerly known as Power Trading Corporation of India Limited), was incorporated in 1999 to undertake trading of power to achieve economic efficiency and security of supply and to develop a vibrant power market in the country. The company is incorporated under the provisions of the Companies Act applicable in India. The shares of the Company are publicly traded on the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE).

The pioneering service of the company led to recognition of ‘Power Trading’ as a distinct licensed activity in the Electricity Act 2003. PTC holds Category I license from Central Electricity Regulatory Commission (CERC), the highest category with permission to trade unlimited volumes. PTC has maintained the largest market share since inception and is No. 1 in last 21 years of operations with its innovative products and services.

Business area of the company

PTC India is principally engaged in trading of power. PTC holds Category I license from Central Electricity Regulatory Commission (CERC), the highest category with permission to trade unlimited volumes.

Business solution offered by the company

  • Solutions for Generator
  • Solutions for Utilities
  • Cross Border Power Trade
  • PTC Retail
  • Consultancy/ Advisory Solutions
  • Energy Efficiency
  • Renewable Energy
  • Project Financing
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