PTC Industries (NSE: PTCI) is the country’s leading industrial product manufacturer. This company mainly manufactures precision products.
This six-decade-old company has a subsidiary named Aeroalloy Technology Limited.
This company manufactures and supplies titanium and superalloy casting products, which are used in defense and aerospace.
It is a multibagger small-cap stock that has given more than 70 times its return in five years. It has corrected 30% from its high and is trading in the range of Rs 10800.
The result of this company is also going to come today.
PTC Industries’ Focus On Aerospace
PTC Industries is focusing on the aerospace segment and capacity expansion is being done.
A new state-of-the-art manufacturing facility is being built in Lucknow, Uttar Pradesh with a multi-million dollar investment.
Domestic analyst Antique Stock Broking has released an interesting report on PTC Industries.
It states that the development of the world’s largest single-site integrated titanium plant is going on on time. There will be facilities for both recycling and re-melting.
Work On The World’s Largest Titanium Plant
After the start of this plant, PTC Industries will operate the world’s largest single-site titanium recycling and re-melting facility.
The company will also produce nickel and cobalt. In addition, many different types of castings and value-added items will be produced.
These products are used in the aerospace and defense sectors.
Titanium Plant Will Boost Growth
Production is expected to start here in FY 2025.
The company has also acquired UK company Track Holdings Limited, with the help of which it will fully cover the value chain of titanium products.
The company’s net profit in FY 2024 was Rs 0.4 billion (42.21 crores). It’s expected to reach 9.4 Billion in FY 2028, and 17.3 Billion in FY 30.
Currently, the company is working towards a capex budget of Rs 700-800 Crores.
Share Price Target Of PTC Industries
Antique Broking believes that the growth outlook of PTC Industries is strong. Earnings growth is expected to remain aggressive.
This capital goods company will also get the benefit of an entry barrier due to which it will trade at a premium.
Based on DCF i.e. Discounted Cashflow, the brokerage has retained the BUY rating and raised its target from Rs 13010 to Rs 19653.
Currently, this stock is trading in the range of Rs 10800. In such a situation, this target is close to 82 percent.
PTC Industries Share Price History
PTC Industries stock had made a lifetime high of Rs 15650 on July 10. From there, it has corrected more than 30 percent. It is a multibagger stock.
This stock has given a correction of 17 percent in one month and 20 percent in three months.
This stock has given a return of 70 percent so far this year, 130 percent in one year, 285 percent in 2 years, 980 percent in 3 years, and more than 7000 percent in five years.
The market cap of the company is close to Rs 16700 crore. DII share increased from 1.25% in the June quarter to 4.64% in the September quarter.
FII share increased from 3.35% in the June quarter to 4.53%.
Quick Fact
| Company name | PTC Industries |
| Primary Business | Precision products manufacturing |
| Industry | Industrial |
| Subsidiary | Aeroalloy Technology |
| Key Products | Titanium and superalloy castings |
| Main Sectors | Defense, Aerospace |
| Years in Business | 60+ |
| Recent Stock Correction | 30% from high |
| Current Trading Range | ₹10800 |
| Expansion Focus | Aerospace |
| New Facility Location | Lucknow, Uttar Pradesh |
| Investment in New Facility | Multi-million dollar |
| New Titanium Plant | World’s largest single-site titanium recycling and re-melting |
| Additional Metals Produced | Nickel, Cobalt |
| Expected Production Start | FY 2025 |
| Recent Acquisition | Track Holdings, UK |
| Full Value Chain Coverage | Titanium products |
| FY 2024 Net Profit | ₹0.4 billion |
| Expected FY 2028 Net Profit | ₹9.4 billion |
| Expected FY 2030 Net Profit | ₹17.3 billion |
| Capex Budget | ₹700-800 crores |
| Brokerage Target Price | Possible ₹19653 |
| Earnings Growth Expectation | Aggressive |
| Current Stock Price Range | ₹10800 |
| Potential Price Target Upside | Close to 82% |
| Stock Lifetime High | ₹15650 (July 10) |
| 1-Month Correction | 17% |
| 3-Month Correction | 20% |
| Year-to-Date Return | 70% |
| 1-Year Return | 130% |
| 2-Year Return | 285% |
| 3-Year Return | 980% |
| 5-Year Return | 7000% |
| Market Cap | Close to ₹16700 crore |
| DII Share June Quarter | 1.25% |
| DII Share September Quarter | 4.64% |
| FII Share June Quarter | 3.35% |
| FII Share September Quarter | 4.53% |
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