PTCPower

PTC India Limited

Power Trading · ISIN INE877F01012 · BSE 532524 · NSE EQ · FV ₹10
Last price
₹140
+2.52%today
What this company does

PTC India Limited operates in Power Trading, part of the Power sector. It booked ₹5,812 cr of revenue in its latest quarter (Q2 FY27) and kept 2.5% of sales as profit.

In the report:
70out of 100
Equitytale Health Score
Solid

Healthier than 70% of companies in Power, on all six measures of filed financials. Each measure is ranked against the 10–23 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
35

At close. Not part of the score.

Profitability & returns53

How much profit it earns on the money it employs

Balance sheet77

How much it owes, and whether earnings cover the interest

Cash quality90

Whether reported profit actually arrives as cash

Growth & consistency51

Whether sales and profit have grown, and how steadily

Valuation89

What today's price implies, against our models or its peers

Governance & risk72

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 6% vs last year
✓ No promoter shares pledged
Watch-outs
! Thin 2.5% net margin
! Profit down 25% vs last year
! Operating cash flow is negative

What if I invest in PTC?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹140▲ +2.52%
latest close · 2026-11-04
1-year return
+4.6%
52-wk low ₹7152-wk high ₹204
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio7.2Low
LowAverageHigh
P/B ratio0.77Below book
Below bookModerateHigh
EV / EBITDA4.4Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity10.7%Fair
WeakFairStrong ▸15%
Return on capital15.7%Strong
WeakFairStrong
Net margin2.5%Thin
ThinDecentStrong
EBITDA margin5.0%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.22Comfortable
LowModerateHigh ▸1
Interest cover2.4×Okay
RiskyOkayStrong ▸5×
Current ratio1.84Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹4,149 cr
Book value
₹182
EPS
₹4.85
latest quarter
Net debt
₹929 cr
owes more than its cash
Enterprise value
₹5,078 cr
EBITDA
₹1,156 cr
annualised
EBIT
₹1,146 cr
annualised
Operating margin
4.9%
Return on assets
4.8%
Earnings yield
13.84%
P/S
0.18
Sales / share
₹785.4
Tax rate
7.1%
Face value
₹10
Shares
29.6 cr
Working capital
₹3,861 cr
Current assets
₹8,453 cr
Current liabilities
₹4,592 cr
Delivery %
56.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2024 report & filings
not investment advice
Priced about rightMedium confidence
Median of 3 models ₹139 vs market price ₹140 — price is 1% above it
Safety cushion-1.0%(target ≥ +20%)
Models span ₹112–₹253, midpoint ₹139
Model ₹139
Price ₹140
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹5,812 cr
Other Income₹146 cr
Total Income₹5,958 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹5,571 cr
Employee Benefit Expense₹24 cr
Finance Costs₹117 cr
Depreciation & Amortisation₹3 cr
Other Expenses₹74 cr
Total Expenses₹5,789 cr
Profit before Tax₹169 cr
Tax Expense₹12 cr
Share of JV / Associates₹2 cr
Net Profit₹159 cr
Net margin on total income2.7%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹5,571 cr93.5%
Employee benefit expense₹24 cr0.4%
Finance costs₹117 cr2.0%
Depreciation & amortisation₹3 cr0.0%
Other expenses₹74 cr1.2%
Tax expense₹12 cr0.2%
Profit for the period₹159 cr2.7%
Total income ₹5,958 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue3,898 cr4,774 cr5,812 cr
Total income3,972 cr4,827 cr5,958 cr
Expenses3,808 cr4,678 cr5,789 cr
Profit before tax164 cr150 cr169 cr
Tax43 cr39 cr12 cr
Net profit (owners' share)105 cr98 cr144 cr
Net margin (owners' share, on revenue)2.7%2.1%2.5%
EPS (₹)3.563.314.85
YoY (latest quarter): total income +6.7% · net profit -24.8%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹11,909 cr
Shareholder equity
₹5,379 cr
parent shareholders
Total debt
₹1,413 cr
Cash
₹484 cr
Cash flow · H1 FY27
Operating
₹-567 cr
Investing
₹1,972 cr
Financing
₹-1,197 cr
Peer comparison
Power · by market value (sector-level match)
CompanyPriceMarket capP/E
Adani Power Limited₹196₹3.77 L cr13.6
NTPC Limited₹322₹3.12 L cr11.1
Power Grid Corporation of India Limited₹260₹2.41 L cr15.6
Adani Green Energy Limited₹1,339₹2.21 L cr83.7
Adani Energy Solutions Limited₹1,370₹1.67 L cr31.1
Tata Power Company Limited₹357₹1.14 L cr24.2
JSW Energy Limited₹503₹92,127 cr21.8
NHPC Limited₹79₹79,758 cr18.2
NTPC Green Energy Limited₹82₹69,408 cr128.7
Same sector · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
22.47%
trailing 12 months
Dividend / share (TTM)
₹31.5
Last dividend
₹5.5
ex 7 Oct 2026
ActionDetailEx-date
Dividend₹5.5 / share7 Oct 2026
Dividend₹23 / share10 Aug 2026
Dividend₹3 / share20 Feb 2026
Dividend₹6.7 / share1 Aug 2025
Dividend₹5 / share5 May 2025
Dividend₹7.8 / share19 Sep 2024
Who owns it · 2026-09-30
No pledge
Promoter
16.2%
FII / Foreign
24.2%
DII / Domestic
8.0%
Retail / others
51.6%
Smart-money activity
Insider trades
SoldRupa Amitabh · Immediate relative1,000 · ₹1.0 L28 Jun 21
SoldDeepak Amitabh · Key Managerial Personnel16,000 · ₹16.6 L28 Jun 21
Bulk / block deals
short— · NSE21 Sep 26
SoldISHARES CORE MSCI EMERGING MARKETS ETF · NSE22.70 L @ ₹151.1731 Aug 26
short— · NSE4926 Aug 26
Stake changes
BoughtBlackRock, Inc. (on behalf of discretionary management clients)→ 5.04% · 1.59 L3 Apr 25
SoldLife Insurance Corporation of India→ 4.24% · 62.96 L20 Mar 25
SoldFunds under the management of FMR LLC and its directand indirect subsidiaries and FIL Limited and its direct andindirect subsidiaries→ 3.12% · 62.90 L15 Apr 24
What shareholders were asked to approve
2 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Sep 2026
See the official result
1
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the year ended 31st March 2026, together with Boards Report, and report of Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
9.18 cr votes for, 12,319 against · 0% of mutual funds and other big investors said no
2
To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the year ended 31st March 2026, and report of Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
9.18 cr votes for, 12,319 against · 0% of mutual funds and other big investors said no
3
To consider and declare Final dividend Rs. 5.5 per share for the financial year ended 31st March 2026.
Backed by 100% of shareholders other than promotersneeded 50%
9.51 cr votes for, 11,841 against · 0% of mutual funds and other big investors said no
4
To appoint a Director in the place of Sh. Rajiv Kumar Rohilla (DIN 10371161) who retires by rotation at this Annual General Meeting and being eligible offers himself for re-appointment.
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 35% of shareholders other than promotersneeded 50%
3.29 cr votes for, 6.22 cr against · 65% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 4 named members
owning 16.2% between them · as of 2026-09-30
NHPC LIMITED4.05%
NTPC LIMITED4.05%
POWER FINANCE CORPORATION LTD4.05%
POWER GRID CORPORATION OF INDIA LIMITED4.05%
Business done with them
FY2025 · 4 of the group
The company paid ₹38 cr to companies in the promoter group last year — about 0.2% of its ₹16,241 cr revenue and received ₹58 L back from them.
POWER FINANCE CORPORATION LIMITED
Contribution made to them · Director sitting fees for its nominee directors Dividend paid by the Company
also owns 4.05% of the company
₹9 cr
company paid
NTPC LIMITED
Contribution made to them · Director sitting fees for its nominee directors Dividend paid by the Company
also owns 4.05% of the company
₹9 cr
company paid
POWER GRID CORPORATION OF INDIA LIMITED
Contribution made to them · Director sitting fees for its nominee directors Dividend paid by the Company Services received (wheeling charges)
also owns 4.05% of the company
₹9 cr
company paid
NHPC Limited
Contribution made to them · Director sitting fees for its nominee directors Advance received against disinvestment in equity Dividend paid
also owns 4.05% of the company
₹9 cr
company paid
POWER FINANCE CORPORATION LIMITED
Provided services to them · Director sitting fees for its nominee directors Dividend paid by the Company
also owns 4.05% of the company
₹58 L
company received
POWER GRID CORPORATION OF INDIA LIMITED
Other payments to them · Director sitting fees for its nominee directors Dividend paid by the Company Services received (wheeling charges)
also owns 4.05% of the company
₹8 L
company paid
NHPC Limited
Other payments to them · Director sitting fees for its nominee directors Advance received against disinvestment in equity Dividend paid
also owns 4.05% of the company
₹7 L
company paid
NTPC LIMITED
Other payments to them · Director sitting fees for its nominee directors Dividend paid by the Company
also owns 4.05% of the company
₹6 L
company paid
POWER FINANCE CORPORATION LIMITED
Other payments to them · Director sitting fees for its nominee directors Dividend paid by the Company
also owns 4.05% of the company
₹5 L
company paid

The company also transacted with 28 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.