BSE:539006

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

PTC Industries Limited manufactures and sells high precision metal castings in India and internationally.


Snowflake Analysis

Questionable track record with imperfect balance sheet.

Share Price & News

How has Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 539006 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

7.9%

539006

0.8%

IN Metals and Mining

1.7%

IN Market


1 Year Return

-25.7%

539006

-40.4%

IN Metals and Mining

-24.0%

IN Market

Return vs Industry: 539006 exceeded the Indian Metals and Mining industry which returned -40.4% over the past year.

Return vs Market: 539006 underperformed the Indian Market which returned -24% over the past year.


Shareholder returns

539006IndustryMarket
7 Day7.9%0.8%1.7%
30 Day9.0%3.9%-0.7%
90 Day-5.0%-27.1%-21.4%
1 Year-25.7%-25.7%-38.1%-40.4%-22.5%-24.0%
3 Year5.5%5.5%-35.8%-42.4%-12.2%-16.9%
5 Year124.7%124.7%-3.6%-21.6%6.6%-3.9%

Price Volatility Vs. Market

How volatile is Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Industries undervalued compared to its fair value and its price relative to the market?

16.82x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 539006's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 539006's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 539006 is poor value based on its PE Ratio (16.8x) compared to the Metals and Mining industry average (7x).

PE vs Market: 539006 is poor value based on its PE Ratio (16.8x) compared to the Indian market (9.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 539006's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 539006 is overvalued based on its PB Ratio (1.2x) compared to the IN Metals and Mining industry average (0.6x).


Next Steps

Future Growth

How is Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.7%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Industries performed over the past 5 years?

12.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 539006 has high quality earnings.

Growing Profit Margin: 539006's current net profit margins (5.9%) are lower than last year (7.6%).


Past Earnings Growth Analysis

Earnings Trend: 539006's earnings have grown by 12.4% per year over the past 5 years.

Accelerating Growth: 539006's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 539006 had negative earnings growth (-5.6%) over the past year, making it difficult to compare to the Metals and Mining industry average (-6.8%).


Return on Equity

High ROE: 539006's Return on Equity (7%) is considered low.


Next Steps

Financial Health

How is Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 539006's short term assets (₹1.2B) exceed its short term liabilities (₹1.2B).

Long Term Liabilities: 539006's short term assets (₹1.2B) exceed its long term liabilities (₹879.2M).


Debt to Equity History and Analysis

Debt Level: 539006's debt to equity ratio (93.2%) is considered high.

Reducing Debt: 539006's debt to equity ratio has increased from 35.5% to 93.2% over the past 5 years.

Debt Coverage: 539006's debt is not well covered by operating cash flow (18.3%).

Interest Coverage: 539006's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


Next Steps

Dividend

What is Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 539006's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 539006's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 539006's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 539006's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 539006's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.6yrs

Average management tenure


CEO

Sachin Agarwal (46yo)

14.33yrs

Tenure

₹9,522,455

Compensation

Mr. Sachin Agarwal has been the Chairman and Managing Director of PTC Industries Limited since June 7, 2017 and 2006 respectively and serves as its Executive Director since June 18, 1998. Mr. Agarwal joine ...


CEO Compensation Analysis

Compensation vs Market: Sachin's total compensation ($USD126.14K) is above average for companies of similar size in the Indian market ($USD50.27K).

Compensation vs Earnings: Sachin's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Sachin Agarwal
Chairman & MD14.33yrs₹9.52m22.93% 392.7m
Smita Agarwal
CFO & Whole Time Director0.92yr₹2.86m2.5% 42.8m
Anthony Rowett
Chief Operating Officer3.17yrsno datano data
Alok Agarwal
Director of Quality & Technical and Executive Director25.83yrs₹2.97m4.12% 70.5m
Anuj Nigam
Company Secretary & Compliance Officer2yrs₹3.29mno data
Priya Agarwal
Director of Marketing & Executive Director27.42yrs₹2.66m7.37% 126.2m
Ashok Shukla
Whole Time Director3.33yrs₹6.83m1.55% 26.6m

4.6yrs

Average Tenure

49yo

Average Age

Experienced Management: 539006's management team is considered experienced (4.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sachin Agarwal
Chairman & MD14.33yrs₹9.52m22.93% 392.7m
Smita Agarwal
CFO & Whole Time Director0.92yr₹2.86m2.5% 42.8m
Alok Agarwal
Director of Quality & Technical and Executive Director25.83yrs₹2.97m4.12% 70.5m
Priya Agarwal
Director of Marketing & Executive Director27.42yrs₹2.66m7.37% 126.2m
Ashok Shukla
Whole Time Director3.33yrs₹6.83m1.55% 26.6m
Ajay Kashyap
Non-Executive Independent Director13.08yrs₹9.00kno data
Rakesh Katiyar
Non-Executive Independent Director13.08yrs₹57.60kno data
Krishna Gupta
Non-Executive Independent Director11.83yrs₹51.30kno data
Brij Gupta
Non-Executive Independent Director5.42yrs₹54.00kno data
Vishal Mehrotra
Independent Director0.75yrno datano data

8.6yrs

Average Tenure

58.5yo

Average Age

Experienced Board: 539006's board of directors are considered experienced (8.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

PTC Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PTC Industries Limited
  • Ticker: 539006
  • Exchange: BSE
  • Founded: 1963
  • Industry: Steel
  • Sector: Materials
  • Market Cap: ₹1.713b
  • Shares outstanding: 5.24m
  • Website: https://www.ptcil.com

Number of Employees


Location

  • PTC Industries Limited
  • NH-25A, Sharai Shahjadi
  • Lucknow
  • Uttar Pradesh
  • 227101
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
539006BSE (Mumbai Stock Exchange)YesCommon SharesININRMar 2015

Biography

PTC Industries Limited manufactures and sells high precision metal castings in India and internationally. It offers various materials, including alloy steel, stainless steel, duplex and super duplex stainless steel, creep resistant steel, heat resistant steel, nickel based alloys, cobalt based alloys, austenitic ductile iron, nickel aluminum bronze, titanium, superalloy and zirconium, etc. The company provides stainless steel and alloys steel castings; and engineered parts for power, construction, mining, and earth moving equipment. It also offers assembly items, such as castings, forged parts, bearings, bushes, fasteners, fabricated parts, etc. for original equipment manufacturers (OEM) for power and mining equipment; and under carriage parts for track equipment for dozer and excavator, as well as off highway equipment, including fabricated components for OEMs. In addition, the company operates a wind mill in Kutch district, Gujarat. It serves aerospace, oil and gas, liquefied natural gas, ships and marine, valves and flow-control, power plants and turbines, pulp and paper machinery, marine propulsion, and mining and earthmoving machinery industries. The company was formerly known as Precision Tools & Castings Private Limited. PTC Industries Limited was founded in 1963 and is based in Lucknow, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/27 13:31
End of Day Share Price2020/05/27 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.