Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

PTC India Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹173.35Undervalued by 10.41%vs CMP ₹157.00

P/E (9.1) × ROE (10.3%) × BV (₹202.00) × DY (14.70%)

₹277.16Undervalued by 76.54%vs CMP ₹157.00
MoS: +43.4% (Strong)Confidence: 63/100 (Moderate)Models: 8 Under, 1 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹192.3723%Under (+22.5%)
Graham NumberEarnings₹361.6716%Under (+130.4%)
Earnings PowerEarnings₹109.9611%Over (-30%)
DCFCash Flow₹505.7714%Under (+222.1%)
Net Asset ValueAssets₹202.247%Under (+28.8%)
EV/EBITDAEnterprise₹250.199%Under (+59.4%)
Earnings YieldEarnings₹287.807%Under (+83.3%)
ROCE CapitalReturns₹274.077%Under (+74.6%)
Revenue MultipleRevenue₹274.595%Under (+74.9%)
Consensus (9 models)₹277.16100%Undervalued
Key Drivers: Wide model spread (₹110–₹506) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 11.0%

*Investments are subject to market risks

Analyst Summary

PTC India Ltd operates in the Power - Generation/Distribution segment, NSE: PTC | BSE: 532524, current market price is ₹157.00, market cap is 4,643 Cr.. At a glance, stock P/E is 9.08, ROE is 10.3 %, ROCE is 13.4 %, book value is 202, dividend yield is 14.7 %. The latest intrinsic value estimate is ₹277.16, which is about 76.5% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹16,241 Cr versus the prior period change of -3.1%, while latest net profit is about ₹976 Cr with a prior-period change of 83.1%. The 52-week range shown on this page is 230/150, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisPTC India Ltd. is a Public Limited Listed company incorporated on 16/04/1999 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L40105DL1999P…

This summary is generated from the stock page data available for PTC India Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

62
PTC India Ltd scores 62/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health60/100 · Moderate
ROCE 13.4% GoodROE 10.3% AverageD/E 2.21 High debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money65/100 · Strong
FII holding stable No changeDII holding up 2.12% MF buyingPromoter holding at 16.2% Stable
Earnings Quality60/100 · Moderate
OPM stable around 7% SteadyWorking capital: 36 days (improving) Efficient
Quarterly Momentum60/100 · Moderate
Revenue (4Q): -5% YoY FlatProfit (4Q): +39% YoY StrongOPM: 5.0% (down 4.0% YoY) Margin pressure
Industry Rank70/100 · Strong
P/E 9.1 vs industry 176.4 Cheaper than peersROCE 13.4% vs industry 8.6% Above peers3Y sales CAGR: -1% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: August 25, 2026, 7:54 am

Market Cap 4,643 Cr.
Current Price 157
Intrinsic Value₹277.16
High / Low 230/150
Stock P/E9.08
Book Value 202
Dividend Yield14.7 %
ROCE13.4 %
ROE10.3 %
Face Value 10.0
PEG Ratio0.83

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for PTC India Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
PTC India Ltd 4,643 Cr. 157 230/1509.08 20214.7 %13.4 %10.3 % 10.0
Rattanindia Power Ltd 4,221 Cr. 7.86 12.8/7.5037.9 8.640.00 %6.21 %1.14 % 10.0
Gujarat Industries Power Co Ltd 2,769 Cr. 178 204/1205.51 2472.30 %5.47 %10.9 % 10.0
Reliance Infrastructure Ltd 2,563 Cr. 62.7 299/60.01.12 4370.00 %15.4 %14.3 % 10.0
GMR Power & Urban Infra Ltd 7,537 Cr. 96.5 137/89.0 24.40.00 %12.0 %14.3 % 5.00
Industry Average68,165.40 Cr170.78176.4496.591.24%8.64%9.26%7.77

All Competitor Stocks of PTC India Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 3,1393,5734,7585,0703,4283,5074,5555,1283,4212,9244,0095,4593,405
Expenses 2,8293,2954,4924,7753,1783,2564,3114,8223,1112,7683,7215,1833,232
Operating Profit 310278267295250251244306310156288275173
OPM % 10%8%6%6%7%7%5%6%9%5%7%5%5%
Other Income 8161372-7-221737794219512768
Interest 1501061101091041001739185999210164
Depreciation 26322332223233
Profit before tax 142185168255136126242290232475289298175
Tax % 26%25%25%21%29%28%22%19%22%22%16%26%25%
Net Profit 1041401252029791189234181372243222131
EPS in Rs 3.104.293.796.132.682.915.877.345.3211.886.596.463.85

Last Updated: March 3, 2026, 3:16 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 12:16 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 12,00313,83813,44715,31112,76615,15518,10118,34616,85615,67416,76316,24115,797
Expenses 11,17112,83612,33313,91811,61213,20116,27516,64915,27614,56315,69415,10414,904
Operating Profit 8311,0021,1141,3931,1541,9541,8261,6971,5801,1111,0701,137893
OPM % 7%7%8%9%9%13%10%9%9%7%6%7%6%
Other Income 486154203147130238234675467711
Interest 2284226338029461,2431,159926757472431356356
Depreciation 98102197971001001011010910
Profit before tax 6425776247722587445896797456757031,2391,237
Tax % 30%32%35%34%36%34%31%33%26%25%24%21%
Net Profit 442326406506165490406458552507533976968
EPS in Rs 12.198.6610.9014.016.7514.3712.4215.1617.1015.0516.1130.4128.78
Dividend Payout % 16%25%23%21%59%28%44%49%46%52%48%38%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-26.24%24.54%24.63%-67.39%196.97%-17.14%12.81%20.52%-8.15%5.13%83.11%
Change in YoY Net Profit Growth (%)0.00%50.78%0.09%-92.02%264.36%-214.11%29.95%7.72%-28.68%13.28%77.99%

PTC India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:2%
5 Years:-2%
3 Years:-1%
TTM:-7%
Compounded Profit Growth
10 Years:9%
5 Years:13%
3 Years:10%
TTM:32%
Stock Price CAGR
10 Years:12%
5 Years:24%
3 Years:27%
1 Year:-20%
Return on Equity
10 Years:10%
5 Years:11%
3 Years:10%
Last Year:12%

Last Updated: September 5, 2025, 12:45 pm

Balance Sheet

Last Updated: July 15, 2026, 3:00 am

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital 296296296296296296296296296296296296
Reserves 2,7863,2553,5593,4233,6663,8914,1244,4274,7234,8465,5095,685
Borrowings 5,1107,7249,99912,35313,32011,40811,4799,7716,5464,3272,9621,769
Other Liabilities 2,4773,5074,2453,1813,9965,5144,7695,3875,0655,6544,1484,881
Total Liabilities 10,67014,78218,09819,25321,27821,10920,66819,88216,63015,12312,91612,631
Fixed Assets 493872,1552,0611,9671,8841,7871,6931,617433832
CWIP 000000000000
Investments 1,2931,102974400291564972768326284377941
Other Assets 9,32813,29314,97016,79219,02018,66217,90917,42114,68614,79612,50011,658
Total Assets 10,67014,78218,09819,25321,27821,10920,66819,88216,63015,12312,91612,631

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + -497-1,281111-1,438-1083,2942,1083,0493,5752,4512,1322,817
Cash from Investing Activity + -16087-1,374249244-414-50546168-519869-824
Cash from Financing Activity + 7091,1241,3531,278-408-2,570-1,085-2,788-4,019-2,042-2,165-3,428
Net Cash Flow 52-709189-272309518308-276-110835-1,434
Free Cash Flow -500-1,594-1,366-1,754-1113,2922,1053,0403,5742,4482,1272,813
CFO/OP -29%-88%28%-99%9%194%130%193%275%247%211%347%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow831.00-4.00-6.00-8.00-11.00-12.00-10.00-10.00-8.00-5.00-3.00-1.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 64671017895118141123156132125107
Inventory Days 00000000000
Days Payable
Cash Conversion Cycle 64671017895118141123156132125107
Working Capital Days -87-4-62-79-2382025255236
ROCE %14%13%12%12%8%11%10%10%9%8%10%12%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters 16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%
FIIs 27.47%28.78%29.41%33.07%33.31%28.67%25.72%28.75%28.92%27.81%27.46%28.88%
DIIs 7.82%6.32%5.91%5.78%5.73%5.69%6.77%6.81%6.83%6.71%7.52%8.95%
Government 3.38%3.38%3.38%3.38%3.38%3.38%3.38%3.38%3.38%3.38%3.38%3.38%
Public 45.10%45.30%45.09%41.55%41.35%46.05%47.92%44.85%44.65%45.89%45.43%42.58%
No. of Shareholders 2,05,9052,15,6112,49,9372,51,1632,55,7542,73,2422,74,5002,66,0592,69,1992,73,6272,70,5992,54,640

Shareholding Pattern Chart

No. of Shareholders

PTC India Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India Power & Infra Fund 3,205,267 0.82 55.262,992,3652026-02-22 01:57:097.11%
Nippon India Multi Asset Allocation Fund 2,200,000 0.3 37.93N/AN/AN/A
Nippon India Small Cap Fund 1,939,018 0.05 33.43N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 30.4116.1115.0517.1015.16
Diluted EPS (Rs.) 30.4116.1115.0517.1015.16
Cash EPS (Rs.) 33.2118.2320.6422.0818.84
Book Value[Excl.RevalReserv]/Share (Rs.) 196.11203.72198.42186.33174.37
Book Value[Incl.RevalReserv]/Share (Rs.) 196.11203.72198.42186.33174.37
Revenue From Operations / Share (Rs.) 548.65566.30539.53569.45619.76
PBDIT / Share (Rs.) 39.3937.3146.7553.9958.13
PBIT / Share (Rs.) 39.0836.9743.3250.5754.75
PBT / Share (Rs.) 37.6521.9723.0625.1822.93
Net Profit / Share (Rs.) 32.9017.9017.2118.6615.46
NP After MI And SOA / Share (Rs.) 30.4116.1115.0517.1015.16
PBDIT Margin (%) 7.186.588.669.489.37
PBIT Margin (%) 7.126.528.028.888.83
PBT Margin (%) 6.863.874.274.423.69
Net Profit Margin (%) 5.993.163.183.272.49
NP After MI And SOA Margin (%) 5.542.842.793.002.44
Return on Networth / Equity (%) 15.509.278.8710.7110.15
Return on Capital Employeed (%) 13.4512.3311.9112.8812.55
Return On Assets (%) 6.973.152.672.542.17
Long Term Debt / Equity (X) 0.300.540.961.281.74
Total Debt / Equity (X) 0.500.831.302.072.21
Asset Turnover Ratio (%) 1.161.060.871.031.15
Current Ratio (X) 2.171.741.511.401.36
Quick Ratio (X) 2.171.741.511.401.36
Dividend Payout Ratio (NP) (%) 0.0048.4138.5243.8649.48
Dividend Payout Ratio (CP) (%) 0.0047.4231.3736.5440.46
Earning Retention Ratio (%) 0.0051.5961.4856.1450.52
Cash Earning Retention Ratio (%) 0.0052.5868.6363.4659.54
Interest Coverage Ratio (X) 3.352.612.312.131.87
Interest Coverage Ratio (Post Tax) (X) 2.572.181.851.741.52
Enterprise Value (Cr.) 5475.218498.497952.3511034.9811457.38
EV / Net Operating Revenue (X) 0.330.500.490.650.62
EV / EBITDA (X) 4.707.695.756.906.66
MarketCap / Net Operating Revenue (X) 0.290.320.150.140.12
Retention Ratios (%) 0.0051.5861.4756.1350.51
Price / BV (X) 0.831.070.500.510.52
Price / Net Operating Revenue (X) 0.290.320.150.140.12
EarningsYield 0.180.080.170.200.19

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

[display_about_company_data title=”About the Company – Qualitative Analysis”]

FAQ

What is the intrinsic value of PTC India Ltd and is it undervalued?

As of 01 September 2026, PTC India Ltd's intrinsic value is ₹277.16, which is 76.54% higher than the current market price of ₹157.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (10.3 %), book value (₹202), dividend yield (14.7 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of PTC India Ltd?

PTC India Ltd is trading at ₹157.00 as of 01 September 2026, with a FY2026-2027 high of ₹230 and low of ₹150. The stock is currently near its 52-week low. Market cap stands at ₹4,643 Cr..

How does PTC India Ltd's P/E ratio compare to its industry?

PTC India Ltd has a P/E ratio of 9.08, which is below the industry average of 176.44. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is PTC India Ltd financially healthy?

Key indicators for PTC India Ltd: ROCE of 13.4 % is moderate. Dividend yield is 14.7 %.

Is PTC India Ltd profitable and how is the profit trend?

PTC India Ltd reported a net profit of ₹976 Cr in Mar 2025 on revenue of ₹16,241 Cr. Compared to ₹552 Cr in Mar 2022, the net profit shows an improving trend.

Does PTC India Ltd pay dividends?

PTC India Ltd has a dividend yield of 14.7 % at the current price of ₹157.00. This is a relatively attractive yield for income-seeking investors.

Last Updated: August 25, 2026, 7:54 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 532524 | NSE: PTC
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 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
Explore Industry-wise Stock Analysis Reports