PTC India Financial Services has scheduled its 20th Annual General Meeting for September 24, 2026. The meeting will transact ordinary business, including the re-appointment of Dr. Manoj Kumar Jhawar as a director.

The event will be conducted via video conferencing or other audio-visual means, commencing at 12:00 pm. This arrangement complies with Ministry of Corporate Affairs circulars, including General Circular No. 03/2025 dated September 22, 2025, and Securities and Exchange Board of India guidelines.

Shareholder Documentation

Electronic copies of the AGM notice and the annual report for FY26 will be sent to shareholders with registered email addresses as on August 21, 2026. These documents are also available on the company’s website and stock exchange portals.

For members without registered emails, a letter containing the web link and exact path to the annual report will be dispatched to their registered addresses. This process adheres to Regulation 36(1)(b) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Director Re-Appointment

Dr. Manoj Kumar Jhawar (DIN: 07306454) retires by rotation at the meeting and offers himself for re-appointment. He currently serves as MD & CEO of PTC India Limited. Dr. Jhawar holds a Ph.D. in Management Sciences and has over 31 years of experience in commercial, IT management, finance, and engineering domains.

E-Voting Process

Members holding shares as on the cut-off date of September 17, 2026, are eligible to vote. Remote e-voting will be available from September 21, 2026, at 9:00 am to September 23, 2026, at 5:00 pm. The facility is provided by KFin Technologies Limited.

Corporate Governance

Manohar Balwani, Company Secretary, signed the intimation letter on August 24, 2026. The communication was directed to both BSE Limited and National Stock Exchange of India Limited. The company confirmed the completion of despatch of the notice via newspaper advertisements published on August 24, 2026.

PTC India Financial Services posted a net profit after tax of ₹319.36 crore for FY2025-26, a 47.14% jump from ₹217.05 crore in FY2024-25, driven primarily by a sharp reduction in impairment costs on its loan portfolio.

Financial Performance Overview

Total income declined 18.77% to ₹518.25 crore in FY2025-26 from ₹638.00 crore in FY2024-25, largely reflecting a contraction in the loan book. However, finance costs fell 30.08% to ₹224.49 crore from ₹321.06 crore, significantly cushioning the revenue decline. Total comprehensive income rose 48.41% to ₹319.70 crore from ₹215.42 crore.

The following table summarises the key financial highlights on both standalone and consolidated basis:

Note: Standalone and consolidated figures are identical as the company has no subsidiaries.

Key Operational Metrics

EBITDA increased 2.55% to ₹621.62 crore from ₹606.14 crore. Other expenses reduced 12.99% to ₹20.90 crore from ₹24.02 crore. Impairment on financial instruments recorded a reversal of ₹(151.03) crore in FY2025-26 compared to ₹(11.06) crore in FY2024-25, which was the primary driver of profit growth.

The spread on the earning portfolio (Stage I and II) declined to 1.33% in FY2025-26 from 1.92% in FY2024-25. The Net Interest Margin on Stage I and II earning assets increased slightly to 4.49% from 4.25% in the previous year.

Profit before tax stood at ₹389.70 crore in FY2025-26 versus ₹278.52 crore in FY2024-25. Basic and diluted earnings per share improved to ₹4.97 from ₹3.38.

Portfolio Quality and Capital Adequacy

Portfolio quality improved significantly during the year. Gross Stage III loans decreased from ₹711 crore in FY2024-25 to ₹190.03 crore in FY2025-26. Net NPAs declined from ₹117 crore to ₹46.98 crore. No new NPAs were reported in FY2025-26.

Disbursements rose to ₹1,235 crore in FY2025-26 from ₹916 crore in FY2024-25, a growth of approximately 35%.

The Debt/Equity ratio improved to 0.57 from 1.03 in FY2024-25. The Capital Adequacy Ratio stood at 66.63% as on March 31, 2026, compared to 59.65% as on March 31, 2025. Net Owned Funds aggregated to ₹2,789.89 crore and total Capital Funds to ₹2,803.80 crore as at March 31, 2026.

Reserves and Dividend

Out of profits earned during FY2025-26, the company transferred ₹63.87 crore to Statutory Reserve, bringing the cumulative statutory reserve to ₹556.33 crore. The Board of Directors has not recommended any dividend for FY2025-26.

Board and Governance Changes

Several changes occurred in the Board composition during FY2025-26:

• Shri Pankaj Goel ceased as Nominee Director with effect from June 10, 2025
• Shri Sanjeev Kumar was appointed as Director (Operations) with effect from June 10, 2025
• Smt. Seema Bahuguna, Shri Naveen Bhushan Gupta, and Smt. PV Bharathi resigned as Independent Directors with effect from September 26, 2025
• Smt. Mini Ipe was appointed as Independent Director with effect from October 5, 2025
• Smt. Rashmi Verma was appointed as Independent Director with effect from November 24, 2025
• Shri Pikkili Ramana Murthy was appointed as Independent Director with effect from December 19, 2025

Subsequent to the financial year end, Shri Balaji Rangachari resigned as MD&CEO effective June 30, 2026. Shri Rajiv Malhotra was appointed as Additional Director on April 8, 2026 and re-designated as MD&CEO (Addl. Charge) effective July 1, 2026.

Dr. Manoj Kumar Jhawar, Non-Executive Chairman (Nominee of PTC India Limited), retires by rotation at the 20th Annual General Meeting scheduled for September 24, 2026, and is eligible for re-appointment.

AGM and E-Voting Details

The 20th Annual General Meeting is scheduled to be held on Thursday, September 24, 2026 at 12:00 Noon (IST) through Video Conferencing/Other Audio-Visual Means.

CSR and Other Disclosures

Against a CSR obligation of ₹507.14 lakh for FY2025-26, the company spent ₹186.38 lakh. An amount of ₹319.49 lakh was transferred to the Unspent CSR Account for ongoing projects, and ₹1.27 lakh was transferred to the Clean Ganga Fund.

During FY2025-26, the company transferred 64,630 equity shares and ₹2,86,323 as unclaimed dividend to the IEPF Authority. Interest expenditure in foreign currency stood at ₹0.38 crore, down from ₹2.31 crore in the previous year, while foreign currency borrowing repayments totalled ₹12.54 crore compared to ₹16.72 crore in the previous year.

As of March 31, 2026, the company's infrastructure loan exposure was approximately 56.83% of total assets, below the 75% minimum threshold prescribed for NBFC-IFC classification. The company has obtained an extension from the RBI until September 30, 2026 to achieve compliance.