PTC Industries Limited , a leading manufacturer of metal components, has announced its unaudited financial results for the first quarter, along with key management re-appointments.

Financial Performance

PTC Industries reported quarterly results showing significant revenue growth, with revenue reaching ₹971.00 million compared to ₹469.00 million in the previous year. However, the company experienced a decline in EBITDA, which fell to ₹88.00 million from ₹101.00 million year-over-year. The EBITDA margin also compressed to 9.05% from 21.44%. Despite these challenges, consolidated net profit increased to ₹52.00 million from ₹49.00 million in the same period last year.

Management Re-appointments

The Board of Directors has approved the re-appointment of key executives, subject to shareholder approval at the upcoming 62nd Annual General Meeting:

1. Mr. Sachin Agarwal: Re-appointed as Chairman & Managing Director for a five-year term from October 2025 to September 2030.

2. Mr. Alok Agarwal: Re-appointed as Whole Time Director (designated as Director - Quality and Technical) for a three-year term from October 2025 to September 2028.

3. Mr. Priya Ranjan Agarwal: Re-appointed as Whole Time Director (designated as Director - Marketing) for a three-year term from October 2025 to September 2028.

4. Ms. Smita Agarwal: Re-appointed as Whole Time Director (designated as Director and Chief Financial Officer) for a three-year term from October 2025 to September 2028.

Strategic Investment

During the quarter, PTC Industries made a significant investment of ₹7,905.00 lakhs in equity shares of its wholly-owned subsidiary, Aerolloy Technologies Limited. This move is likely aimed at strengthening the company's position in the advanced manufacturing sector.

Board Meeting Details

The company's Board of Directors met to approve the unaudited financial results and management re-appointments. The meeting commenced at 12:30 p.m. (IST) and concluded at 03:45 p.m. (IST).

PTC Industries continues to demonstrate revenue growth and strategic initiatives, although facing some challenges in profitability metrics. The company's focus on management continuity and strategic investments indicates its commitment to long-term growth in the metal components manufacturing industry.

PTC Industries Limited , a key player in the Indian manufacturing sector, has announced a significant development in its aerospace ambitions. The company's subsidiary, Aerolloy Technologies Ltd., has signed a Memorandum of Understanding (MoU) with Safran Aircraft Engines, marking a pivotal step towards enhancing India's capabilities in military aircraft engine manufacturing.

Collaboration for Advanced Manufacturing

The MoU between Aerolloy Technologies and Safran Aircraft Engines focuses on cooperation in manufacturing components and materials for military aircraft engines. This strategic partnership is poised to bring advanced manufacturing techniques and expertise to India's aerospace sector.

Alignment with 'Make in India' Initiative

This collaboration aligns closely with the Indian government's 'Make in India' initiative, which aims to boost domestic manufacturing and reduce dependence on imports in critical sectors. The partnership between Aerolloy Technologies and Safran is expected to contribute significantly to this national objective in the aerospace domain.

Implications for India's Aerospace Capabilities

The agreement is set to enhance India's indigenous capabilities in producing high-precision components for military aircraft engines. This development could potentially lead to:

• Transfer of advanced technologies
• Skill development in the aerospace manufacturing sector
• Reduction in import dependence for critical aerospace components
• Boost to India's defense manufacturing ecosystem

Strategic Importance

The collaboration between PTC Industries' subsidiary and Safran Aircraft Engines underscores the growing importance of Indian companies in the global aerospace supply chain. It also highlights the increasing trust of international aerospace giants in Indian manufacturing capabilities.

As this partnership unfolds, it will be interesting to observe its impact on PTC Industries' market position and the broader Indian aerospace manufacturing landscape. The successful execution of this MoU could open doors for more such collaborations, further strengthening India's position in the global aerospace market.