Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

PTC India Limited

NSE: PTCPower Trading

Share price

₹148.57

-2.08% close of 8 Oct 2026

Market cap ₹4,398 CrP/E 8.6

Business score

How strong the business is, in one number. The parts behind it are in Pro.

64

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹4,398 Cr

P/E ratio

8.6

P/B ratio

0.7

ROCE

13.4%

ROE

10.2%

Dividend yield

15.5%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹227.3852-week low ₹148.57

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 13.3% over the past year, and 8.1% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 9.7% to 4.3% over the last four years.

Whether it grew faster than its sector

It grew 8.1% a year against a sector median of 10.7% — 2.6 percentage points slower.

Room to re-rate, or risk of de-rating

At 8.6× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 25.4×, across 5 companies. It is against its own five-year median of 8.3×, the 55th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.8 times its growth rate, on earnings growth of 11%.

Profit growthPrice per ₹1 profitPer 1% growth
PTC India Limited — this one11%/yr8.6×₹0.78
Adani Power6%/yr25.4×₹4.2
NTPC Limited20%/yr10.8×₹0.54
Power Grid Corporation-2%/yr14.3×—
Adani Green Energy17%/yr105.0×₹6.2
Adani Energy Solutions Limited21%/yr51.5×₹2.5

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies across the whole Power sector, it ranks 7 of 34 on returns, 21 of 33 on growth, 30 of 34 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 13.4% on capital, ahead of 79% of companies across its whole sector. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹13756 crore of cash from the business, spent ₹22 crore on plant and equipment, and returned ₹14736 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 264 arrived as cash — well above the profit, more than depreciation and interest account for, so do not count on it repeating. Its cash comes back faster than it used to: it went from being waiting 25 days for its cash to waiting 20 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Traded volumes up 12% but consolidated profit halved

Announced 4 Aug 2026 · Consolidated · Unaudited

Revenue

₹4,774 Cr

Revenue vs last year

+19.1%

Revenue vs last quarter

+22.5%

Net profit

₹112 Cr

Profit vs last year

-53.9%

Profit vs last quarter

-7.4%

Net margin

2.3%

EPS

₹3.31

Earnings call transcript · 5 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹4,398 Cr
Prev close
₹148.57
52w High
₹230
52w Low
₹148
Enterprise value
₹1,496 Cr
Beta
1.1
Price CAGR 1y
-8.0%
Price CAGR 3y
4.0%
Price CAGR 5y
4.0%
Price CAGR 10y
7.0%

Ratios

Return on assets
5.7%
PEG ratio
0.8
P/E ratio
8.6
P/B ratio
0.7
EV / EBITDA
2.0
Industry P/E
25.5
ROCE
13.4%
ROCE 5y average
11.0%
ROE
10.2%
Debt / Equity
0.3
Interest coverage
3.9
Dividend yield
15.5%
ROE 3y average
10.0%
ROE last year
10.0%

Annual P&L

Annual revenue
₹16,771 Cr
Annual profit
₹717 Cr
Operating margin
5.0%
Net profit margin
4.3%
EBITDA margin
5.3%
Sales growth 3y
1.6%
Sales growth 5y
-1.8%
Profit growth 3y
11.0%
Profit growth 5y
6.0%
EPS
₹20.5
Sales growth TTM
13.0%
Profit growth TTM
-17.0%
Dividend payout
42.0%

Quarter P&L

Sales latest quarter
₹4,774 Cr
Profit latest quarter
₹112 Cr
YoY quarterly sales growth
19.1%
YoY quarterly profit growth
-53.9%
OPM latest quarter
3.1%

Balance Sheet

Book Value
₹202
Face Value
₹10.0
Total debt
₹1,769 Cr
Total cash
₹3,921 Cr
Borrowings
₹1,769 Cr
Reserves / Equity
19.2

Cash Flow

Operating cash flow
₹2,817 Cr
Free cash flow
₹2,813 Cr
FCF yield
56.7%
Net cash flow
-₹1,434 Cr

Shareholding

Promoter holding
16.2%
FII holding
28.9%
DII holding
8.9%
Public holding
42.6%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
PTC India148.908.64,40815.48112.1-49.84,773.819.113.4
Median148.908.64,40815.48112.1-49.84,773.819.113.4

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales4,7585,0703,4283,5074,5555,1283,4212,9244,0095,4593,4053,8984,774
Expenses4,4924,7753,1783,2564,3114,8223,1112,7683,7215,1833,2323,7534,623
Material Cost000000
Change in Inventories000000
Purchases of Stock-in-Trade2,6773,7565,1903,1953,6654,557
Employee Cost202422242126
Other Expenses100-59-29136740
Operating Profit267295250251244306310156288275173145151
OPM %5.605.817.287.165.365.979.055.327.195.055.093.723.15
Other Income1372-7-2217377942195127687555
Exceptional items (within Other Income)30600-4.3500
Interest11010910410017391859992101645352
Depreciation2233222323332
Profit before tax168255136126242290232475289298175164151
Tax %25212928221922221626252626
Net Profit1252029791189234181372243222131121112
EPS in Rs3.796.132.682.915.877.345.32126.596.463.853.563.31
Diluted EPS in Rs126.596.463.853.563.31

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales13,83813,44715,31112,76615,15518,10118,34616,85615,97116,76315,67916,77117,535
Expenses12,83612,33313,91811,61213,20116,27516,64615,27614,61615,69414,81015,87916,791
Material Cost00
Change in Inventories00
Purchases of Stock-in-Trade14,60015,810
Employee Cost8590
Other Expenses427-12
Operating Profit1,0021,1141,3931,1541,9541,8261,6991,5801,3551,070869892744
OPM %789913109986654.20
Other Income61542031471302382332751,029364324
Exceptional items (within Other Income)306-4.35
Interest4226338029461,2431,159928757605431650320270
Depreciation810219797100100101102109.311010
Profit before tax5776247722587445896797456807031,239926788
Tax %323534363431332625242122
Net Profit326406506165490406458552507533976717587
EPS in Rs8.6611146.75141215171516302017
Diluted EPS in Rs3020
Dividend Payout %252321592844494652483842

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
2%
5 years
-2%
3 years
2%
TTM
13%

Compounded profit growth

10 years
7%
5 years
6%
3 years
11%
TTM
-17%

Stock price CAGR

10 years
7%
5 years
4%
3 years
4%
1 year
-8%

Return on equity

10 years
10%
5 years
10%
3 years
10%
Last year
10%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital296296296296296296296296296296296296
Reserves2,7863,2553,5593,4233,6663,8914,1244,4274,7234,8465,5095,685
Borrowings5,1107,7249,99912,35313,32011,40811,4799,7716,5464,3272,9621,769
Other Liabilities2,4773,5074,2453,1813,9965,5144,7695,3875,0655,6544,1484,881
Minority Interest9641,078
Total Liabilities10,67014,78218,09819,25321,27821,10920,66819,88216,63015,12312,91612,631
Fixed Assets493872,1552,0611,9671,8841,7871,6931,617433832
CWIP000000000000
Investments1,2931,102974400291564972768326284377941
Other Assets9,32813,29314,97016,79219,02018,66217,90917,42114,68614,79612,50011,658
Total Assets10,67014,78218,09819,25321,27821,10920,66819,88216,63015,12312,91612,631

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-497-1,281111-1,438-1083,2942,1083,0493,5752,4511,8642,817
Cash from Investing Activity-16087-1,374249244-414-50546168-5191,430-824
Cash from Financing Activity7091,1241,3531,278-408-2,570-1,085-2,788-4,019-2,042-2,459-3,428
Net Cash Flow52-709189-272309518308-276-110835-1,434
Free Cash Flow-500-1,594-1,366-1,754-1113,2922,1053,0403,5742,4481,8592,813

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days67101789511814112315613012511195
Inventory Days00000000000
Cash Conversion Cycle67101789511814112315613012511195
Working Capital Days7-4-62-79-238202524523720
ROCE %131212811101099101413

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters161616161616161616161616
FIIs272929333329262929282729
DIIs7.826.325.915.785.735.696.776.816.836.717.528.95
Government3.383.383.383.383.383.383.383.383.383.383.383.38
Public454545424146484545464543
No. of Shareholders2,05,9052,15,6112,49,9372,51,1632,55,7542,73,2422,74,5002,66,0592,69,1992,73,6272,70,5992,54,640

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -9.8% (₹164.80 → ₹148.57)Brick size ₹3.33 (fixed)Bricks 105
₹175₹200₹225₹149Nov '25Jan '26Mar '26May '26Jul '26
Price moved up one brickPrice moved down one brickLast close ₹148.57 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2025-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-2,902inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

volume growth %

12.00pct

2026-06-30

News

News and filings about PTC India Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • electricity/power purchased for resale

Sells to

  • Bangladesh Power Development Board (BPDB) · electricity/power (~250 MW cross-border supply)
  • Nepal Electricity Authority (NEA) · electricity/power (~150 MW export, 25-year PSA)

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Power
Industry
Power Trading
Classification
Power › Power Trading
ISIN
INE877F01012

Business segments

  • Power · 97%
  • Financing business · 3%

News impact

Big market events that reach PTC India Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

7 Oct 2026unspecified₹5.5
10 Aug 2026interim₹23
20 Feb 2026interim₹3
1 Aug 2025unspecified₹6.7
5 May 2025interim₹5
19 Sep 2024unspecified₹7.8
20 Sep 2023unspecified₹7.8
15 Dec 2022unspecified₹5.8

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
31 Aug 2026ISHARES CORE MSCI EMERGING MARKETS ETFSELL22,69,598₹151.17

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.