PTC Industries Limited announced its quarterly financial results and key corporate decisions during a board meeting held on February 14, 2026. The company disclosed important updates regarding its financial performance and fund utilization timeline.

Financial Results Approval

The board of directors approved the unaudited financial results for the quarter and nine months ended December 31, 2025. The approval covered both standalone and consolidated financial statements, following recommendations from the audit committee and compliance with Regulation 33 of SEBI listing obligations.

QIP Proceeds Utilization Extension

The board approved an extension for the utilization timeline of Qualified Institutional Placement (QIP) proceeds. The company had originally planned to deploy the entire QIP amount by March 31, 2026, as disclosed in the placement documents.

The extension applies only to any remaining unutilized funds as of March 31, 2026, and pertains solely to the deployment timeline for general corporate purposes. The company emphasized that there is no change in the objects of the issue as stated in the original placement document.

Subsidiary Structure and Operations

The consolidated results include multiple entities within the PTC Industries group structure. The company operates through various subsidiaries and step-down subsidiaries acquired at different periods.

Group Entities:

• PTC Industries Limited (Holding company)
• Aerolloy Technologies Limited (Wholly owned subsidiary)
• Trac Holdings Limited (Wholly owned subsidiary from December 19, 2024)
• Trac Precision Solutions Limited (Step down subsidiary from December 19, 2024)
• Broomco Limited (Step down subsidiary from December 19, 2024)
• Trac Group Limited (Step down subsidiary from December 19, 2024)
• Advance Material (Defence) Testing Foundation

Regulatory Compliance and Documentation

The company submitted comprehensive documentation to stock exchanges, including limited review reports and unaudited financial results in prescribed formats. The financial information was reviewed by S N Dhawan & CO LLP, chartered accountants, who provided separate review reports for both standalone and consolidated results.

The meeting outcomes and financial results have been uploaded on the company's website at www.ptcil.com and communicated to both National Stock Exchange of India Limited and BSE Limited for record and dissemination purposes.

PTC Industries ' wholly owned subsidiary Aerolloy Technologies Limited has secured a significant milestone by signing two Memoranda of Understanding with the Ministry of Steel under the Production Linked Incentive Scheme 1.2 for Specialty Steel. The agreements, signed on February 10, 2026, cover manufacturing capabilities for Titanium Alloys and Super Alloys, positioning the company at the forefront of India's strategic materials manufacturing sector.

Strategic Partnership Under PLI Scheme 1.2

The MoUs were formalized at an official signing ceremony organized by the Ministry of Steel, attended by the Honourable Union Minister of Steel. This partnership represents a crucial step in India's initiative to develop domestic manufacturing capability for high-value, strategic material categories that are essential for national security and industrial advancement.

Titanium Alloys and Super Alloys fall under the "Steel Grades for Strategic Sector" category and attract among the highest incentive rates under the scheme, applicable on incremental annual sales for the duration of the PLI period.

Unique Manufacturing Capabilities

Aerolloy Technologies distinguishes itself as the only company in India with fully integrated, end-to-end manufacturing capability across both Titanium Alloys and Super Alloys. The company's comprehensive manufacturing ecosystem encompasses multiple critical processes within a single vertically integrated platform:

• Alloy development and melting into aerospace-grade ingots
• Conversion into billets, bars, rods, sheets, and plates through forging and rolling
• Remelting and near-net-shape precision investment casting
• Final machining of complex, flight-critical components

This depth of integration proves critical for strategic sectors where traceability, process control, quality assurance, and long-term reliability are paramount requirements.

Strategic Materials for National Capability

Titanium alloys and super alloys serve as foundational materials for aerospace, defence, space, and advanced energy applications, where performance, reliability, and metallurgical integrity are critical factors. Indigenous capability in these materials is essential for reducing import dependence, ensuring supply chain security, and supporting India's long-term strategic and industrial objectives.

The PLI Scheme for Specialty Steel represents a key Government of India initiative aimed at catalysing investment in advanced material categories, enabling the development of globally competitive manufacturing capacities, and strengthening domestic value chains for strategic sectors.

Financial and Strategic Impact

The PLI incentives under Scheme 1.2 are expected to provide meaningful financial benefits to Aerolloy and PTC Industries through several key mechanisms:

Management Commentary

Mr. Sachin Agarwal, Chairman & Managing Director of PTC Industries Limited, emphasized the significance of this development: "The signing of these MoUs under PLI Scheme 1.2 is a significant milestone for Aerolloy and PTC. Titanium alloys and super alloys are core to next-generation aerospace, defence, and space platforms, and sovereign capability in these materials is essential for India's long-term strategic autonomy."

He further acknowledged the policy framework: "We are grateful to the Ministry of Steel for its sustained policy focus on advanced and strategic materials and for creating an enabling framework to support long-gestation, technology-led investments. We also acknowledge the Ministry of Defence's continued emphasis on indigenisation and its recognition that leadership in strategic materials is fundamental to India's aerospace and defence preparedness."

Company Background

PTC Industries Limited operates as a leading Indian manufacturer of precision metal components and strategic materials for critical applications, with over six decades of experience. Through Aerolloy Technologies Limited, the group manufactures Titanium and Super Alloy materials and components for aerospace, defence, and space applications in India and globally. The company continues to make substantial investments in building a fully integrated advanced materials ecosystem at the Uttar Pradesh Defence Industrial Corridor.