PTC Industries Ltd.
NSE: PTCILPTC Industries Ltd.: A 30-second snapshot
PTC Industries (PTCIL) is an Infrastructure-sector manufacturer trading at ₹16,788, up 31.68% over the past 12 months and positioned above both its 50-day moving average (₹16,515) and 200-day moving average (₹16,605). The company carries a trailing PE of 384.60, a debt-to-equity ratio of 12.655, and zero FCF-positive years on record, alongside a 5-year revenue CAGR of 132.4%.
P/E
384.6
Forward P/E
101.5
ROE
—
Debt / Equity
12.65
Profit Margin
+13.3%
Div. Yield
—
5Y ROE > 15%
0/5
5Y FCF > 0
0/5
Quality
50/100
News
3 headlines · 0 positive · 0 negative
Mukul Agrawal's top holdings: Nuvama, J&K Bank, Radico, Neuland & more — Should you buy? - Business Today
Business Today
PTC Industries Discloses One-on-One Investor Meeting with Axis AMC - TipRanks
TipRanks
PTC Industries Schedules One-to-One Investor Meeting With Capital Group - TipRanks
TipRanks
Recent context
- ·PTC Industries disclosed one-on-one investor meetings with Axis AMC (May 11) and Capital Group (May 10), indicating active institutional engagement but without disclosed outcomes or financial disclosures attached.
- ·News flow across 3 items in the capture window is entirely neutral in sentiment, with no company-specific earnings releases, order wins, or regulatory events surfaced.
- ·The stock appears in a published list of holdings attributed to investor Mukul Agrawal, placing it alongside names from diverse sectors — the association is positional, not an endorsement of thesis.
Strengths
- +5-year revenue growth of 132.4% and 5-year earnings growth of 28.8% indicate sustained top-line expansion over the measurement period.
- +Price is up 31.68% over 12 months, above both the 50-DMA (₹16,515) and 200-DMA (₹16,605), with RSI at 54.64 in neutral territory — no overbought signal on the indicator.
- +Debt trend is classified as falling, suggesting directional improvement in the leverage profile even as absolute D/E remains at 12.655.
- +Forward PE of 101.54 implies the market is pricing in earnings growth relative to the trailing figure of 384.60; the compression ratio (trailing to forward) is approximately 3.8x.
Weaknesses
- −Trailing PE of 384.60 is the highest in the 6-stock peer group by a wide margin; the next-highest peer (CG Power) trades at 108.72, making PTCIL a 3.5x premium on this metric.
- −Debt-to-equity of 12.655 is materially above all listed peers and combined with zero FCF-positive years indicates the company has not demonstrated an ability to service debt from internal cash flows.
- −ROE has not exceeded 15% in any tracked year and is currently unreported; quality score of 49 ranks 2nd of 6 in the peer set, with ranking driven by revenue growth rather than return-on-capital metrics.
- −3M price change of -8.47% represents a near-term reversal from the 12-month trend, and the stock sits 13.41% below its 52-week high, with nearest resistance at ₹17,400.
Open questions
- ?Given that revenue has grown 132.4% over five years yet FCF-positive years are zero, what specific capital allocation decisions or working capital dynamics explain the divergence between earnings and cash generation?
- ?At a trailing PE of 384.60 and forward PE of 101.54, what rate and duration of earnings growth is the current market price implying, and how does that compare to the company's 5-year earnings CAGR of 28.8%?
- ?With D/E at 12.655 and a falling debt trend, how many years at the current deleveraging pace would be required to reach a D/E level comparable to peers such as L&T (whose D/E is not disclosed but whose profile differs materially)?
- ?How does PTCIL's end-market mix — in terms of sectors served, order book composition, and geographic exposure — affect its revenue visibility and the sustainability of the historical growth rate?
Peer comparison: Infrastructure
Ranks 2 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| PTCIL | PTC Industries Ltd.You're viewing | 384.6 | — | 49 |
| Industry avg | across 5 peers | 69.5 | +18.3% | 40 |
| BEL | Bharat Electronics Ltd. | 51.8 | — | 57 |
| ABB | ABB India Ltd. | 87.0 | — | 47 |
| CGPOWER | CG Power and Industrial Solutions Ltd. | 108.7 | +19.6% | 45 |
| LT | Larsen & Toubro Ltd. | 33.4 | +16.9% | 26 |
| CUMMINSIND | Cummins India Ltd. | 66.7 | — | 24 |
Technical state
Current price
₹16,788.00
SMA 50
₹16,514.52
SMA 200
₹16,604.63
RSI (14)
54.6 (neutral)
From 52w high
-13.4%
1Y return
+31.7%
3M return
-8.5%
50-DMA
Above
200-DMA
Above
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highTrailing PE of 384.60 is approximately 4.5x the highest-PE peer in the Infrastructure sector (CG Power at 108.72) and approximately 11.5x the sector median (Cummins at 66.67); forward PE compresses to 101.54 but remains the highest among the 6 peers listed.
- highDebt-to-equity of 12.655 is structurally elevated for a non-financial manufacturing company; none of the 5 listed peers report a D/E approaching this level. Zero FCF-positive years across the available history means debt servicing capacity from internal cash generation is undemonstrated.
- mediumROE is not reported and has been above 15% in 0 of the tracked years. Quality score of 49 ranks 2nd of 6 in the peer set, driven by 5-year revenue growth of 132.4% rather than profitability metrics. Profit margin stands at 13.26%.
- lowAnalyst coverage consists of only 3 analysts with no consensus rating published. News volume is 3 items (all neutral), limiting sentiment signal reliability. Peer priceChange1Y data is unavailable for all 5 comparators, preventing relative price-performance ranking.
Cross-section contradictions
- 5-year revenue growth of 132.4% and earnings growth of 28.8% coexist with 0 FCF-positive years in the tracked period, indicating that reported earnings growth has not translated to free cash generation.
- Stock is up 31.68% over 12 months and trades above both the 50-DMA (16,514) and 200-DMA (16,604), yet carries a trailing PE of 384.60 with zero FCF-positive years and no ROE history above 15% — price momentum and fundamental return metrics are in significant divergence.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 17 May 2026 · rotates through NIFTY 500 every ~5 days