On Monday, November 18, intraday trading saw a 4.3% increase in shares of PTC Industries, a manufacturer of engineering components, to ₹11,550 following the release of the company’s impressive September-ending quarter financials. The stock also broke a three-day run of declines with this increase. From ₹60.28 crore in Q2 FY24 to ₹80.79 crore in Q2 FY25, total income increased.
In order to increase the manufacturing of titanium alloy components for the aerospace and defense industries, the company purchased a hot rolling mill during the quarter. Additionally, Israel Aerospace Industries (IAI) placed an order with it for the delivery of titanium-cast parts for use in aircraft. IAI is importing these cast components from India for the first time.
PTC Industries Q2 Results
A manufacturer of premium high-precision metal components for a range of critical and super-critical applications, PTC Industries Limited (henceforth referred to as “PTC”), has released its financial results for the quarter and a half that ended on September 30, 2024.
The total income increased 34.0% year over year to Rs. 807.9 million in Q2FY25 from Rs. 602.8 million in Q2FY24. Compared to Rs. 1,347.0 Mn in H1FY24, the total income for H1FY25 was Rs. 1,313.1 Mn. EBITDA increased 60.8% year over year to Rs. 296.6 Mn in Q2FY25 from Rs. 184.5 Mn in Q2FY24. EBITDA for H1FY25 increased 5.4% year over year to Rs. 433.5 Mn from Rs. 411.1 Mn.
The EBITDA margin increased 611 basis points in Q2 of FY25 and 249 basis points in H1 of FY25, from 36.7% to 33.0%.PAT increased by 112.7% year over year to Rs. 173.1 million from Rs. 81.4 million in Q2FY25. For H1FY25, the PAT was Rs. 222.0 million.
PTC Industries Share Price History
PTC is a component of the BSE SmallCap index, according to the BSE website. Its shares have produced a multibagger return of 125%, more than doubling investors’ money in a single year. The smallcap counter has produced a massive return of 282% in two years and 973 percent in three. Over the past five years, PTC Industries shares have increased investors’ wealth by more than 7,100%.
