PTC Industries Limited (PTCIL.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-185.9%

-₹20,718.12

vs ₹24,120.00 price

Levered DCF

-₹21,629.32

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

50.94

Safe zone

Rating

B-

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	221.15×	346.26×	251.88×	156.64×	312.64×	919.21×	381.39×	367.24×
P/B	14.9×	15.47×	16.47×	13.18×	23.78×	25.8×	26.59×	28.54×
P/S	37.26×	69.64×	41.39×	18.44×	22.32×	24.53×	23.83×	26.49×
EV / EBITDA	131.09×	277.81×	144.43×	70.41×	96.23×	114.58×	144.83×	169.25×
Gross margin	51.3%	82.7%	76.0%	75.2%	76.0%	74.9%	78.3%	73.1%
Operating margin	15.8%	63.5%	63.3%	63.0%	63.1%	61.1%	63.3%	59.1%
Net margin	16.8%	19.8%	16.4%	11.8%	7.1%	2.7%	6.2%	7.2%
Current ratio	3.44×	6.77×	2.91×	1.6×	1.11×	1.12×	1.07×	0.98×
Debt / equity	0.17×	0.04×	0.28×	0.58×	1.16×	1.17×	1.01×	1.02×
Interest coverage	11×	21.98×	10.67×	8.76×	7.47×	7.43×	9.34×	9.71×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	6.7%	4.4%	6.5%	8.4%	7.6%	2.8%	7.0%	7.8%
Return on invested capital	4.2%	10.3%	14.9%	21.1%	22.7%	9.8%	25.5%	30.2%
Return on assets	5.2%	3.9%	4.7%	4.7%	3.0%	1.1%	3.0%	3.2%
Free cash flow yield	-1.7%	-0.7%	-2.0%	-1.2%	-0.1%	-0.5%	0.1%	0.3%
Earnings yield	0.5%	0.3%	0.4%	0.6%	0.3%	0.1%	0.3%	0.3%
Enterprise value	₹225.8B	₹211.3B	₹106.8B	₹42.1B	₹42B	₹41.9B	₹41.6B	₹41.4B
Net debt / EBITDA	0.72×	-4.22×	0.64×	2.84×	4.46×	4.9×	5.25×	5.64×
Cash conversion cycle (days)	457	1,261	507	495	526	385	354	203