PTC India Limited
NSE: PTC · Power · sector
₹134.69NSE close 2026-10-26
Key numbers
Market cap₹3,987 cr
Price₹134.69
52w high / low₹230 / ₹135
P/E7.8xSector median 17.0x
P/B0.7xSector median 1.7x
Book value₹202.1
Dividend yield10.91%Sector median 7.28%
ROE8.6%Sector median 10.5%
ROCE13.7%Sector median 10.9%
OPM4.2%Sector median 27.2%
Debt / equity0.29xSector median 1.22x
EV/EBITDA1.4xSector median 11.1x
Interest cover3.9x
Current ratio2.24x
Sales growth 3y+1.6%Sector median +14.6%
Profit growth 3y+10.8%Sector median +10.8%
PEG0.73x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 5 companies in Power (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹4,671 cr vs borrowings ₹1,757 cr (FY26): cash is higher (net cash).
- Borrowings fell in each of the last 3 years (₹6,521 cr → ₹1,757 cr).
- Operating profit covered interest 3.9x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY22).
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 64% of net profit in the last 12 months.
- Debtor days went from 125 (FY24) to 95 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹134.69 on 2026-10-26: -41.3% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹217.09 · low ₹134.69
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,128 | 3,421 | 3,006 | 4,009 | 5,459 | 3,405 | 3,898 | 4,774 |
| EBITDA | 306 | 310 | 516 | 288 | 275 | 170 | 145 | 151 |
| OPM % | 6.0% | 9.1% | 17.2% | 7.2% | 5.0% | 5.0% | 3.7% | 3.2% |
| Other income | 6 | 4 | 24 | 94 | 126 | 72 | 75 | 54 |
| Net profit | 217 | 158 | 352 | 195 | 191 | 114 | 105 | 98 |
| EPS (₹) | 7.34 | 5.31 | 11.88 | 6.59 | 6.46 | 3.85 | 3.56 | 3.31 |
| Revenue YoY | +6.4% | -0.5% | +29.6% | +19.1% | ||||
| Profit YoY | -12.0% | -27.6% | -70.0% | -49.8% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 15,631 | 15,971 | 16,763 | 16,241 | 16,771 | 17,535 |
| EBITDA | 606 | 1,352 | 1,042 | 1,436 | 878 | 741 |
| Net profit | 425 | 446 | 477 | 900 | 606 | 509 |
| EPS (₹) | 14.35 | 15.05 | 16.11 | 30.41 | 20.46 | 17.18 |
| Revenue growth | +2.2% | +5.0% | -3.1% | +3.3% | +12.7% | |
| Profit growth | +4.9% | +7.0% | +88.8% | -32.7% | -44.8% | |
| Dividend / share (₹) | 7.50 | 5.80 | 7.80 | 7.80 | 14.70 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +1.6% | -1.8% | +12.7% |
| Net profit | +10.8% | +6.2% | -44.8% |
| EPS | +10.8% | +6.2% | – |
| Share price | – | -9.8% (2y) | -11.3% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 5,019 | 5,142 | 5,805 | 5,981 |
| Borrowings | – | 6,521 | 4,305 | 2,946 | 1,757 |
| Cash & equivalents | – | 1,946 | 2,243 | 3,435 | 4,671 |
| Total assets | – | 16,630 | 15,123 | 12,916 | 12,631 |
| Fixed assets | – | 1,589 | 43 | 20 | 31 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 312 | 221 | 216 | 175 |
| Receivables | – | 5,677 | 5,756 | 4,762 | 4,381 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 4,012 | 3,531 | 2,939 | 3,533 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 267 | 3,575 | 2,451 | 1,921 | 2,817 |
| Cash from investing | 171 | 168 | -504 | 870 | -824 |
| Cash from financing | 14 | -4,019 | -2,042 | -1,941 | -3,428 |
| Capex | 3 | 1 | 3 | 6 | 4 |
| Free cash flow | 264 | 3,574 | 2,448 | 1,915 | 2,813 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 8.9% | 9.3% | 15.5% | 10.1% |
| ROCE % | – | 11.1% | 11.4% | 16.7% | 16.0% |
| Debtor days | – | 130 | 125 | 107 | 95 |
| Inventory days | – | 0 | 0 | 0 | 0 |
| Payable days | – | 102 | 84 | 73 | 82 |
| Cash conversion cycle (days) | – | 28 | 41 | 34 | 13 |
| Working capital days | – | 69 | 84 | 113 | 122 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 16.22% |
| FIIs | 24.19% |
| DIIs | 7.95% |
| of which Mutual funds | 3.74% |
| of which Insurance | 4.21% |
| Government | 3.38% |
| Public (non-institutions) | 48.27% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% |
| Promoter group | % |
|---|---|
| NHPC Limited | 4.05% |
| NTPC Limited | 4.05% |
| Power Grid Corporation of India Limited | 4.05% |
| Power Finance Corporation Ltd | 4.05% |
| Public holders above 1% | % |
|---|---|
| Damodar Valley Corporation | 3.38% |
| Lici Life Non-par | 3.18% |
| Nihar Nandan Nilekani | 2.04% |
| Nippon Life India Trustee Ltd-a/c Nippon India Multi Asset Allocation Fund | 1.83% |
| Quant Mutual Fund - Qsif Equity EX TOP 100 Long-short Fund | 1.59% |
| Vanguard Total International Stock Index Fund | 1.17% |
| California State Teachers Retirement System - AQR Capital Management, LLC 1 | 1.11% |
| Vanguard Emerging Markets Stock Index Fund, A Series of Vanguard International E | 1.09% |
| City of NEW York Group Trust | 1.06% |
2,84,184 shareholders. Pledged: 0.00% of promoter shares.
Peers in Power
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| POWERGRID | ₹2,29,725 cr | 14.4x | 2.3x | 16.5% | 10.6% | 81.6% | +0.8% | 3.64% |
| ADANIENSOL | ₹1,51,121 cr | 46.0x | 6.0x | 12.3% | 11.3% | 32.2% | +27.6% | – |
| TRIVENIPT | ₹4,802 cr | – | – | – | – | – | – | – |
| PTC | ₹3,987 cr | 7.8x | 0.7x | 8.6% | 13.7% | 4.2% | +1.6% | 10.91% |
| AMPVOLTS | ₹58 cr | 19.5x | 1.1x | 6.0% | 7.0% | 22.2% | +782.8% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Power | ₹16,450 cr | 96.0% | ₹376 cr | 2.3% |
| Financing business | ₹511 cr | 3.0% | ₹387 cr | 75.9% |
| Unallocated | ₹177 cr | 1.0% | ₹162 cr | 91.5% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-10-07 | Dividend | Dividend - Rs 5.50 Per Share |
| 2026-08-10 | Dividend | Interim Dividend - Rs 23 Per Share |
| 2026-02-20 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2025-08-01 | Dividend | Dividend - Rs 6.70 Per Share |
| 2025-05-05 | Dividend | Interim Dividend - Rs 5 Per Share |
| 2024-09-19 | Dividend | Annual General Meeting/Dividend - Rs 7.80 Per Share |
| 2023-09-20 | Dividend | Dividend - Rs 7.80 Per Share |
| 2022-12-15 | Dividend | Annual General Meeting/Dividend - Rs 5.8 Per Share |
| 2021-11-25 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2021-09-08 | Dividend | Dividend - Rs 5.50 Per Share |
| 2020-11-19 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2020-09-14 | Dividend | Dividend - Rs 5.50 Per Share |
| 2019-09-20 | Dividend | Annual General Meeting/Dividend - Rs 4 Per Share |
| 2018-08-29 | Dividend | Annual General Meeting/Dividend Rs 4 Per Share |
| 2017-09-13 | Dividend | Annual General Meeting/Dividend - Rs 3/- Per Share |
| 2016-09-14 | Dividend | Annual General Meeting/Dividend-Rs 2.50 Per Share |
| 2015-09-16 | Dividend | Annual General Meeting/ Dividend - Rs 2.20 Per Share |
| 2014-09-18 | Dividend | Annual General Meeting / Dividend Rs 2/- Per Share |
| 2013-08-07 | Dividend | Annual General Meeting / Dividend - Rs 1.60/- Per Equity Share |
| 2012-09-12 | Dividend | Annual General Meeting And Dividend Rs.1.50 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Power Trading: PTC India is involved in power trading on long term, medium term, and short-term bsis and also cross border
| Sector | Utilities |
| Industry | Power |
| Sub-industry | Power Trading |
| Symbol | PTC |
| BSE code | 532524 |
| ISIN | INE877F01012 |
| Face value | ₹10.0 |
| Incorporated | 1999-04-16 |
| Website | www.ptcindia.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.