PTC Industries Limited is a leading Indian manufacturer of precision metal components for critical applications, manufacturing stainless steel, duplex, super duplex, nickel, cobalt alloys, non-alloy steel castings solutions, machined components, and fabricated parts catering to the Oil & Gas, Aerospace, Marine, Pulp & Paper, Petrochemical, and Energy industries. The company is engaged in the business of manufacturing and selling of high precision metal castings, producing products for various critical applications for a range of industries, including aerospace, defense, oil and gas, liquefied natural gas (LNG), ships and marine, valves and flow-control, power plants and turbines, pulp and paper machinery and mining and earth moving machinery.
Incorporated in 1963 as a private limited company, PTC Industries Limited, previously known as Precision Tools & Castings Limited was promoted by the late B J Agarwal, N K Agarwal and J K Agarwal, becoming a public limited company in August 1994 with its manufacturing unit located at Aishbagh, in Lucknow. PTC Industries Limited has been manufacturing high quality engineering components for various critical and super-critical applications for more than 56 years, with three fully equipped plants using the best technologies like Replicast, RapidCast and ForgeCAST with the latest machineries and a high level of automation in Uttar Pradesh and Gujarat.
The company operates with advanced manufacturing capabilities that set it apart in the precision engineering sector. PTC uses various indigenously developed technologies like Centrifugal Castings, Replicast, RapidCast, ForgeCAST, and Titanium Powder for casting. The company offers a range of materials which include alloy steel, stainless steel, duplex and super duplex stainless steel, creep resistant steel, and others, engaging in the manufacturing of aerospace castings, industrial castings, and titanium and vacuum melt alloy castings.
PTC's wholly-owned subsidiary Aerolloy Technologies (ATL) manufactures titanium and superalloy castings for aerospace and defense applications across the globe. This strategic expansion into specialized aerospace manufacturing has positioned the company to serve high-value markets requiring advanced metallurgical expertise.
PTC Industries currently maintains a market capitalization of ₹22,742 Crore with revenue of ₹308 Crore and profit of ₹61.0 Crore. The company reported revenue of ₹121.92 Crore as of March 2025 (Q4 FY25) and net profit of ₹24.57 Crore as of March 2025 (Q4 FY25). PTC Industries' net profit jumped 66.92% since last year same period to ₹24.57 Crore in Q4 FY2024-2025.
The company's stock performance has been remarkable, with PTC Industries surging 10,772% since May 2020, driven by major projects and high-profile investments. The 1 year returns on the stock have been 92.54%. The stock currently trades at high valuations, reflecting market confidence in the company's growth prospects and strategic positioning in critical industries.
Key financial metrics as of recent dates include:
- Revenue: ₹121.92 Crore (Q4 FY25)
- Net Profit: ₹24.57 Crore (Q4 FY25)
- Market Cap: ₹22,742 Crore
- Stock P/E: 359
- Book Value: ₹925
- ROE: 6.08%
- ROCE: 7.75%
PTC Industries' subsidiary, Aerolloy Technologies announced a memorandum of understanding (MoU) to develop cooperation on the manufacturing of components and materials for military aircraft engines. This strategic partnership represents significant growth potential in the defense sector, particularly given the increasing focus on indigenous defense manufacturing capabilities.
The company has also received positive credit rating upgrades, with PTC Industries receiving upgrade in credit ratings from ICRA with long term fund based limits (₹125 Crore) - ICRA A-; Stable and short term fund based limits (₹50 Crore) - ICRA A2+. These improved ratings reflect the company's strengthening financial position and creditworthiness.
The company maintains a promoter holding of 59.8%. In the main management, Sachin Agarwal is chairman and is the company secretary for PTC Industries Ltd. The strong promoter holding indicates management confidence in the company's prospects while providing stability to the shareholding structure.
PTC Industries is one of the leading manufacturers in the engineering sector catering to the aerospace, defence, oil and gas, power and marine industries, offering castings and comprehensive design support for varied range products of critical and super-critical applications. The company is certified as a Well Known Foundry under the Indian Boiler Regulations and is currently setting up facilities to manufacture forgings and steel fabrications to further increase capacity and modernise.
The company's competitive advantages stem from its specialized manufacturing capabilities, long-standing industry relationships, and ability to serve critical applications where precision and reliability are paramount. Its focus on aerospace and defense sectors provides exposure to high-growth markets with significant barriers to entry.
PTC Industries is part of multiple market indices including BSE 500, BSE Capital Goods, Nifty 500, BSE SmallCap, BSE Allcap, BSE Industrials, BSE 250 SmallCap Index, BSE 400 MidSmallCap Index, Nifty MidSmallcap 400, Nifty Smallcap 250, Nifty 500 Multicap 50:25:25, Nifty Total Market, and Nifty500 Equal Weight. This broad inclusion across various indices demonstrates the company's significant market presence and liquidity.
The company's transformation from a traditional casting manufacturer to a specialized provider of high-precision components for critical applications has positioned it as a key player in India's manufacturing ecosystem, particularly in sectors requiring advanced metallurgical expertise and precision engineering capabilities.
