PTC India Limited
NSE: PTCPower Trading
Share price
₹148.57
-2.08% close of 8 Oct 2026
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.
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 growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| PTC India Limited — this one | 11%/yr | 8.6× | ₹0.78 |
| Adani Power | 6%/yr | 25.4× | ₹4.2 |
| NTPC Limited | 20%/yr | 10.8× | ₹0.54 |
| Power Grid Corporation | -2%/yr | 14.3× | — |
| Adani Green Energy | 17%/yr | 105.0× | ₹6.2 |
| Adani Energy Solutions Limited | 21%/yr | 51.5× | ₹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
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| PTC India | 148.90 | 8.6 | 4,408 | 15.48 | 112.1 | -49.8 | 4,773.8 | 19.1 | 13.4 |
| Median | 148.90 | 8.6 | 4,408 | 15.48 | 112.1 | -49.8 | 4,773.8 | 19.1 | 13.4 |
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | 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 | 4,758 | 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 | 4,492 | 4,775 | 3,178 | 3,256 | 4,311 | 4,822 | 3,111 | 2,768 | 3,721 | 5,183 | 3,232 | 3,753 | 4,623 |
| Material Cost | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Change in Inventories | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Purchases of Stock-in-Trade | 2,677 | 3,756 | 5,190 | 3,195 | 3,665 | 4,557 | |||||||
| Employee Cost | 20 | 24 | 22 | 24 | 21 | 26 | |||||||
| Other Expenses | 100 | -59 | -29 | 13 | 67 | 40 | |||||||
| Operating Profit | 267 | 295 | 250 | 251 | 244 | 306 | 310 | 156 | 288 | 275 | 173 | 145 | 151 |
| OPM % | 5.60 | 5.81 | 7.28 | 7.16 | 5.36 | 5.97 | 9.05 | 5.32 | 7.19 | 5.05 | 5.09 | 3.72 | 3.15 |
| Other Income | 13 | 72 | -7 | -22 | 173 | 77 | 9 | 421 | 95 | 127 | 68 | 75 | 55 |
| Exceptional items (within Other Income) | 306 | 0 | 0 | -4.35 | 0 | 0 | |||||||
| Interest | 110 | 109 | 104 | 100 | 173 | 91 | 85 | 99 | 92 | 101 | 64 | 53 | 52 |
| Depreciation | 2 | 2 | 3 | 3 | 2 | 2 | 2 | 3 | 2 | 3 | 3 | 3 | 2 |
| Profit before tax | 168 | 255 | 136 | 126 | 242 | 290 | 232 | 475 | 289 | 298 | 175 | 164 | 151 |
| Tax % | 25 | 21 | 29 | 28 | 22 | 19 | 22 | 22 | 16 | 26 | 25 | 26 | 26 |
| Net Profit | 125 | 202 | 97 | 91 | 189 | 234 | 181 | 372 | 243 | 222 | 131 | 121 | 112 |
| EPS in Rs | 3.79 | 6.13 | 2.68 | 2.91 | 5.87 | 7.34 | 5.32 | 12 | 6.59 | 6.46 | 3.85 | 3.56 | 3.31 |
| Diluted EPS in Rs | 12 | 6.59 | 6.46 | 3.85 | 3.56 | 3.31 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13,838 | 13,447 | 15,311 | 12,766 | 15,155 | 18,101 | 18,346 | 16,856 | 15,971 | 16,763 | 15,679 | 16,771 | 17,535 |
| Expenses | 12,836 | 12,333 | 13,918 | 11,612 | 13,201 | 16,275 | 16,646 | 15,276 | 14,616 | 15,694 | 14,810 | 15,879 | 16,791 |
| Material Cost | 0 | 0 | |||||||||||
| Change in Inventories | 0 | 0 | |||||||||||
| Purchases of Stock-in-Trade | 14,600 | 15,810 | |||||||||||
| Employee Cost | 85 | 90 | |||||||||||
| Other Expenses | 427 | -12 | |||||||||||
| Operating Profit | 1,002 | 1,114 | 1,393 | 1,154 | 1,954 | 1,826 | 1,699 | 1,580 | 1,355 | 1,070 | 869 | 892 | 744 |
| OPM % | 7 | 8 | 9 | 9 | 13 | 10 | 9 | 9 | 8 | 6 | 6 | 5 | 4.20 |
| Other Income | 6 | 154 | 203 | 147 | 130 | 23 | 8 | 23 | 32 | 75 | 1,029 | 364 | 324 |
| Exceptional items (within Other Income) | 306 | -4.35 | |||||||||||
| Interest | 422 | 633 | 802 | 946 | 1,243 | 1,159 | 928 | 757 | 605 | 431 | 650 | 320 | 270 |
| Depreciation | 8 | 10 | 21 | 97 | 97 | 100 | 100 | 101 | 102 | 10 | 9.31 | 10 | 10 |
| Profit before tax | 577 | 624 | 772 | 258 | 744 | 589 | 679 | 745 | 680 | 703 | 1,239 | 926 | 788 |
| Tax % | 32 | 35 | 34 | 36 | 34 | 31 | 33 | 26 | 25 | 24 | 21 | 22 | |
| Net Profit | 326 | 406 | 506 | 165 | 490 | 406 | 458 | 552 | 507 | 533 | 976 | 717 | 587 |
| EPS in Rs | 8.66 | 11 | 14 | 6.75 | 14 | 12 | 15 | 17 | 15 | 16 | 30 | 20 | 17 |
| Diluted EPS in Rs | 30 | 20 | |||||||||||
| Dividend Payout % | 25 | 23 | 21 | 59 | 28 | 44 | 49 | 46 | 52 | 48 | 38 | 42 |
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.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 296 | 296 | 296 | 296 | 296 | 296 | 296 | 296 | 296 | 296 | 296 | 296 |
| Reserves | 2,786 | 3,255 | 3,559 | 3,423 | 3,666 | 3,891 | 4,124 | 4,427 | 4,723 | 4,846 | 5,509 | 5,685 |
| Borrowings | 5,110 | 7,724 | 9,999 | 12,353 | 13,320 | 11,408 | 11,479 | 9,771 | 6,546 | 4,327 | 2,962 | 1,769 |
| Other Liabilities | 2,477 | 3,507 | 4,245 | 3,181 | 3,996 | 5,514 | 4,769 | 5,387 | 5,065 | 5,654 | 4,148 | 4,881 |
| Minority Interest | 964 | 1,078 | ||||||||||
| Total Liabilities | 10,670 | 14,782 | 18,098 | 19,253 | 21,278 | 21,109 | 20,668 | 19,882 | 16,630 | 15,123 | 12,916 | 12,631 |
| Fixed Assets | 49 | 387 | 2,155 | 2,061 | 1,967 | 1,884 | 1,787 | 1,693 | 1,617 | 43 | 38 | 32 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1,293 | 1,102 | 974 | 400 | 291 | 564 | 972 | 768 | 326 | 284 | 377 | 941 |
| Other Assets | 9,328 | 13,293 | 14,970 | 16,792 | 19,020 | 18,662 | 17,909 | 17,421 | 14,686 | 14,796 | 12,500 | 11,658 |
| Total Assets | 10,670 | 14,782 | 18,098 | 19,253 | 21,278 | 21,109 | 20,668 | 19,882 | 16,630 | 15,123 | 12,916 | 12,631 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -497 | -1,281 | 111 | -1,438 | -108 | 3,294 | 2,108 | 3,049 | 3,575 | 2,451 | 1,864 | 2,817 |
| Cash from Investing Activity | -160 | 87 | -1,374 | 249 | 244 | -414 | -505 | 46 | 168 | -519 | 1,430 | -824 |
| Cash from Financing Activity | 709 | 1,124 | 1,353 | 1,278 | -408 | -2,570 | -1,085 | -2,788 | -4,019 | -2,042 | -2,459 | -3,428 |
| Net Cash Flow | 52 | -70 | 91 | 89 | -272 | 309 | 518 | 308 | -276 | -110 | 835 | -1,434 |
| Free Cash Flow | -500 | -1,594 | -1,366 | -1,754 | -111 | 3,292 | 2,105 | 3,040 | 3,574 | 2,448 | 1,859 | 2,813 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 67 | 101 | 78 | 95 | 118 | 141 | 123 | 156 | 130 | 125 | 111 | 95 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cash Conversion Cycle | 67 | 101 | 78 | 95 | 118 | 141 | 123 | 156 | 130 | 125 | 111 | 95 |
| Working Capital Days | 7 | -4 | -62 | -79 | -23 | 8 | 20 | 25 | 24 | 52 | 37 | 20 |
| ROCE % | 13 | 12 | 12 | 8 | 11 | 10 | 10 | 9 | 9 | 10 | 14 | 13 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
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
- GMR Power and Urban Infra Limited · electricity trading / offtake (Kamalanga, Haryana PPA)
- JSW Energy · Power-trading intermediary routing PPAs (e.g. 195 MW net Korba/Maruti Clean Coal PPA with…
- The Ugar Sugar Works Limited · surplus bagasse co-generated power sold in the open market
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 2026 | unspecified | ₹5.5 |
|---|---|---|
| 10 Aug 2026 | interim | ₹23 |
| 20 Feb 2026 | interim | ₹3 |
| 1 Aug 2025 | unspecified | ₹6.7 |
| 5 May 2025 | interim | ₹5 |
| 19 Sep 2024 | unspecified | ₹7.8 |
| 20 Sep 2023 | unspecified | ₹7.8 |
| 15 Dec 2022 | unspecified | ₹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
| Date | Who | Bought / sold | Shares | Price |
|---|---|---|---|---|
| 31 Aug 2026 | ISHARES CORE MSCI EMERGING MARKETS ETF | SELL | 22,69,598 | ₹151.17 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Annual report · 2025-262 Sep 2026
- Earnings call · Q1FY275 Aug 2026
- Results presentation30 Jun 2026
- Earnings call16 Feb 2026
- Earnings call12 Nov 2025
- Annual report · 2024-2514 Jul 2025
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.