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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of PTC India Financial Services Ltd

About the Company - PTC India Financial Services Ltd

PTC India Financial Services Ltd. is a Public Limited Listed company incorporated on 08/09/2006 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L65999DL2006PLC153373 and registration number is 153373. Currently company belongs to the Industry of Finance & Investments. Company’s Total Operating Revenue is Rs. 952.88 Cr. and Equity Capital is Rs. 642.28 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance & Investments7th Floor, Telephone Exchange Building, New Delhi Delhi 110066info@ptcfinancial.com
http://www.ptcfinancial.com
Management
NamePosition Held
Dr. Rajib Kumar MishraChairman & Non-Exe.Director
Dr. Pawan SinghManaging Director & CEO
Mr. Mahendra LodhaExecutive Director
Mr. Naveen Bhushan GuptaIndependent Director
Ms. P V BharathiIndependent Director
Ms. Seema BahugunaIndependent Director
Mr. Pankaj GoelNominee Director

PTC India Financial Services Ltd. Share Price Update

Share PriceValue
Today₹49.84
Previous Day₹52.46

Basic Stock Data of PTC India Financial Services Ltd

Market Cap 2,826 Cr.
Current Price 44.0
High / Low68.0/12.2
Stock P/E15.4
Book Value 38.5
Dividend Yield2.27 %
ROCE7.84 %
ROE7.47 %
Face Value 10.0

Data Source: screener.in

Competitors of PTC India Financial Services Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Sundaram Finance Ltd 41,302 Cr. 3,7183,941/2,19025.8 9520.73 %8.00 %14.1 % 10.0
Indostar Capital Finance Ltd 2,531 Cr. 186229/10316.2 2330.00 %9.15 %7.46 % 10.0
Abhishek Finlease Ltd 14.0 Cr. 32.843.7/20.493.1 10.10.00 %3.33 %2.17 % 10.0
Nagreeka Capital & Infrastructure Ltd 31.9 Cr. 25.328.1/14.1 5.790.00 %7.52 %480 % 5.00
Viji Finance Ltd 22.2 Cr. 2.692.91/1.411,110 1.480.00 %4.25 %3.70 % 1.00
Industry Average22.22 Cr49.9627.22240.470.15%6.45%101.49%7.2

PTC India Financial Services Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales295269274254242229228207196194194190190
Expenses525213726289461251736483414
Operating Profit244217137228214135167182179158146156177
OPM %83%81%50%90%89%59%73%88%91%81%75%82%93%
Other Income300001230006312
Interest197183166166143136135113107108105108107
Depreciation2211222122222
Profit before tax4833-316170934687049454980
Tax %34%37%-76%25%25%27%26%25%25%26%20%25%25%
Net Profit3221-544652725515336363760
EPS in Rs0.500.32-0.840.710.820.110.390.790.820.560.570.570.93

PTC India Financial Services Ltd Quarterly Chart

PTC India Financial Services Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3072865468021,1871,3511,1851,3361,3641,139968797768
Expenses322136135121175647108243289209127132
Operating Profit2752665106671,0661,1765381,2281,122851759670636
OPM %89%93%93%83%90%87%45%92%82%75%78%84%83%
Other Income00-00-0100501021
Interest69107221417530645685944948752580432428
Depreciation5444433366666
Profit before tax202155285245531529-15028117293174232224
Tax %24%33%27%34%26%35%33%34%36%73%25%24%
Net Profit154104208161391345-10018411026130176169
EPS in Rs2.741.853.702.866.965.38-1.562.871.710.402.022.742.63
Dividend Payout %0%22%27%35%17%28%-13%28%26%0%0%37%

PTC India Financial Services Ltd Profit & Loss Yearly Chart

PTC India Financial Services Ltd Growth

Compounded Sales Growth
10 Years:11%
5 Years:-8%
3 Years:-16%
TTM:-6%
Compounded Profit Growth
10 Years:5%
5 Years:30%
3 Years:17%
TTM:12%
Stock Price CAGR
10 Years:13%
5 Years:26%
3 Years:36%
1 Year:198%
Return on Equity
10 Years:8%
5 Years:6%
3 Years:5%
Last Year:7%

PTC India Financial Services Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital562562562562562642642642642642642642642
Reserves6016647878751,1801,7771,2971,4241,4731,4771,6221,8001,833
Borrowings7601,5873,8955,1106,8458,12310,22910,9189,2759,1747,1215,1224,813
Other Liabilities32861702022352091472082522381317073
Total Liabilities1,9562,8995,4146,7508,82310,75212,31513,19311,64211,5329,5167,6347,361
Fixed Assets26222422181514122216123028
CWIP0110000000000
Investments42154440134023511463963563733509188
Other Assets1,5092,3324,9876,3888,57010,62312,23813,08511,26411,1429,1557,5137,245
Total Assets1,9562,8995,4146,7508,82310,75212,31513,19311,64211,5329,5167,6347,361

PTC India Financial Services Ltd Reserves and Borrowings Chart

PTC India Financial Services Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -295-832-2,080-751-1,167-888-1,3022363,2281,3112,7211,887
Cash from Investing Activity -0-1-7-1-0-5-13-0-386-162-154259
Cash from Financing Activity 107032,0527411,1699041,338-257-2,652-883-2,719-2,459
Net Cash Flow-285-130-34-1121124-21191266-151-312

PTC India Financial Services Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days100002221102
Inventory Days
Days Payable
Cash Conversion Cycle100002221102
Working Capital Days1655895243-2814-232234-9-20
ROCE %15%11%13%11%14%12%5%10%9%7%7%8%

PTC India Financial Services Ltd Financial Efficiency Indicators Chart

PTC India Financial Services Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters64.99%64.99%64.99%64.99%64.99%64.99%64.99%64.99%64.99%64.99%64.99%64.99%
FIIs1.64%1.47%0.94%0.85%0.86%0.76%0.94%0.94%0.87%0.84%0.93%2.00%
DIIs3.14%3.13%3.60%1.21%1.69%1.70%1.70%3.80%3.80%3.26%2.26%2.21%
Public30.23%30.40%30.46%32.95%32.45%32.55%32.37%30.25%30.33%30.90%31.82%30.80%
No. of Shareholders1,11,4361,08,3681,12,0461,14,3011,15,0131,21,6761,18,8811,16,9451,14,7551,14,1021,15,5651,25,807

PTC India Financial Services Ltd Shareholding Pattern Chart

No. of PTC India Financial Services Ltd Shareholders

This stock is not held by any mutual fund

PTC India Financial Services Ltd ROCE Trend

PTC India Financial Services Ltd EPS Trend

PTC India Financial Services Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)2.742.020.401.712.87
Diluted EPS (Rs.)2.742.020.401.712.87
Cash EPS (Rs.)2.832.120.491.812.91
Book Value[Excl.RevalReserv]/Share (Rs.)38.0335.2533.0032.9332.17
Book Value[Incl.RevalReserv]/Share (Rs.)38.0335.2533.0032.9332.17
Revenue From Operations / Share (Rs.)12.3114.8417.6021.2420.78
PBDIT / Share (Rs.)10.4411.8313.2517.5419.12
PBIT / Share (Rs.)10.3411.7313.1517.4519.08
PBT / Share (Rs.)3.622.711.452.684.38
Net Profit / Share (Rs.)2.742.020.391.712.87
NP After MI And SOA / Share (Rs.)2.742.020.391.712.87
PBDIT Margin (%)84.7679.7375.2682.5992.02
PBIT Margin (%)83.9979.0974.7382.1391.82
PBT Margin (%)29.3818.258.2612.6121.05
Net Profit Margin (%)22.2213.642.268.0613.79
NP After MI And SOA Margin (%)22.2213.642.268.0613.79
Return on Networth / Equity (%)7.195.741.205.208.91
Return on Capital Employeed (%)26.2831.4930.5844.1847.05
Return On Assets (%)2.301.360.220.941.39
Long Term Debt / Equity (X)0.030.050.300.190.25
Total Debt / Equity (X)2.093.144.334.395.28
Asset Turnover Ratio (%)0.090.090.090.100.10
Current Ratio (X)1.481.321.281.231.21
Quick Ratio (X)1.481.321.281.231.21
Dividend Payout Ratio (NP) (%)0.000.00112.8846.716.97
Dividend Payout Ratio (CP) (%)0.000.0091.5844.166.87
Earning Retention Ratio (%)0.000.00-12.8853.2993.03
Cash Earning Retention Ratio (%)0.000.008.4255.8493.13
Interest Coverage Ratio (X)1.551.311.131.191.30
Interest Coverage Ratio (Post Tax) (X)1.411.221.031.121.20
Enterprise Value (Cr.)5318.917162.439482.139345.0011901.29
EV / Net Operating Revenue (X)6.737.528.396.858.92
EV / EBITDA (X)7.939.4311.148.299.69
MarketCap / Net Operating Revenue (X)1.021.051.030.360.76
Retention Ratios (%)0.000.00-12.8853.2893.02
Price / BV (X)0.330.440.540.230.49
Price / Net Operating Revenue (X)1.021.051.030.360.76
EarningsYield0.210.120.020.210.18

PTC India Financial Services Ltd Profitability Ratios (%)

PTC India Financial Services Ltd Liquidity Ratios

PTC India Financial Services Ltd Liquidity Ratios (%)

PTC India Financial Services Ltd Interest Coverage Ratios (X)

PTC India Financial Services Ltd Valuation Ratios

Fair Value / Intrinsic Value of PTC India Financial Services Ltd

Fair Value: ₹45.30

The stock is undervalued by 2.94% compared to the current price ₹44

*Investments are subject to market risks

Strength and Weakness of PTC India Financial Services Ltd

StrengthWeakness
  1. The company has shown consistent growth in sales (344.62 cr) and profit (228.69 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 14.35 and average Dividend Yield of 82.35%.
  2. The stock has a low average ROCE of 10.17%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 43.67, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 0.92, which may not be favorable.
  5. The company has higher borrowings (6,382.46) compared to reserves (1,293.08), which may suggest financial risk.

Should I Buy PTC India Financial Services Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in PTC India Financial Services Ltd:
    1. Net Profit Margin: 22.22%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 26.28% (Industry Average ROCE: 10.33%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 1.41
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 1.48
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✓ Stock P/E: 15.4 (Industry average Stock P/E: 19.11)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✗ Total Debt / Equity: 2.09
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in PTC India Financial Services Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE