PTC India Financial Services
32.83
-0.22(-0.67%)
Market Cap₹2,108.62 Cr
PE Ratio6.40
Company Performance:
1D-0.67%
1M-1.74%
6M-18.64%
1Y-10.28%
5Y+81.38%
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More news about PTC India Financial Services
30Sept 25
PTC India Financial Services CEO Addresses Director Resignations, Emphasizes Board Independence
PTC India Financial Services (PFS) CEO R Balaji responded to recent resignations of three independent directors, emphasizing the company's commitment to corporate governance. Balaji stated he was unaware of issues raised by departing directors and highlighted ongoing communication with them. PFS provided clarifications to stock exchanges, expressing surprise at the resignations. The company outlined steps taken to strengthen governance, including board reconstitution and appointment of new directors. Balaji also discussed a four-pillar transformation strategy focusing on improving systems, building capabilities, broadening talent, and creating a more resilient portfolio.
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29Sept 25
PTC India Financial Services Grapples with Sudden Resignation of Three Independent Directors
PTC India Financial Services (PFS) has been taken by surprise as three independent directors - Smt. Seema Bahuguna, Shri Naveen Bhushan Gupta, and Smt. PV Bharathi - abruptly resigned. These directors were appointed in November 2022 for a three-year term. PFS has issued clarifications, stating that the directors had full freedom to express their views in meetings, and no concerns were raised prior to their resignations. The company reaffirms its commitment to good governance and transparency.
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09Sept 25
PTC India Financial Services Appoints Avijit Kishore as Senior Management Personnel
PTC India Financial Services Limited (PFS) has appointed Shri Avijit Kishore as Senior Management Personnel, effective September 9, 2025. Kishore brings over 19 years of experience in the BFSI sector, with expertise in various asset classes including microfinance, SME lending, and NBFC lending. He previously held leadership positions at Mahindra Finance and Jana Small Finance Bank. Kishore holds a Post Graduate Diploma in Forestry Management and a Bachelor's degree in Economics Honours.
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06Sept 25
PTC India Financial Services Appoints R Balaji as New MD and CEO
PTC India Financial Services Limited (PFS) has appointed R Balaji as its new Managing Director and Chief Executive Officer, effective July 12, 2024. Balaji brings over 27 years of experience across various sectors, including 17 years with the Mahindra Group where he held leadership positions in M&A, FinTech investments, and SME lending. He co-founded TuTr Hyperloop and has experience in consumer goods with ITC Agrotech and Nestle. PFS confirmed Balaji is not debarred from holding the director position by any regulatory authority.
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20Aug 25
PTC India Financial Services Completes ₹115.6 Crore Debt Resolution with Vento Power Management Transfer
PTC India Financial Services (PFS) has successfully resolved a ₹115.60 crore debt related to Vento Power Infra Private Limited through a management transfer to EIE Renewables Pvt. Limited, a subsidiary of Enviro Infra Engineers Limited. The transaction involved issuing a Letter of Intent, executing definitive agreements, and receiving the full transaction value. PFS engaged Deloitte Touche Tohmatsu India LLP as transaction advisor and Saraf & Partners as legal advisor for this deal.
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13Aug 25
PTC India Financial Services Faces Rs 6.4 Lakh Penalty as Appeals Dismissed
PTC India Financial Services Ltd (PFS) has been ordered to pay Rs 6.40 lakh in penalties for violations during FY 2021-22. The Regional Director (North), Ministry of Corporate Affairs, dismissed PFS's appeals against Show Cause Notices. Penalties include Rs 0.70 lakh for failing to facilitate Independent Directors in seeking legal advice, Rs 0.70 lakh for delays in sharing documents, and Rs 5.00 lakh for improper composition of the Nomination and Remuneration Committee. PFS stated no material impact on operations or finances beyond the penalty amount.
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06Aug 25
PTC India Financial Services Appoints Sanjeev Kumar as Whole Time Director (Operations)
PTC India Financial Services Limited (PFS) has appointed Sanjeev Kumar as Whole Time Director designated as Director (Operations) for a 5-year term, effective June 10, 2025. Kumar brings over 30 years of experience in banking and finance, having worked with institutions like SBI, ICICI Bank, and IIFCL. His expertise spans retail, corporate, construction, and infrastructure finance. Kumar previously served as CEO of IIFCL Projects Limited and has held key positions in various financial institutions. The appointment was approved by shareholders at the company's 19th Annual General Meeting on August 6, 2025.
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05Aug 25
PTC India Financial Services Reports Significant Progress in Resolving Stressed Assets in Q1
PTC India Financial Services (PFS) resolved 38% of Gross Stage 3 assets in Q1, improving financial performance. PAT increased to ₹137.00 crores from ₹58.00 crores. Gross Stage 3 assets improved from 15.00% to 10.22%, while Net Stage 3 assets reduced from 6.56% to 4.13%. Total income declined to ₹142.00 crores due to reduced AUM. PFS resolved three major stressed asset cases: NSL, Vento, and IL&FS. Q1 disbursements were ₹138.00 crores, with an annual target of ₹4,000.00 crores. The company strengthened its management team and aims to improve origination efforts with a focus on smaller ticket size loans.
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30Jul 25
PTC India Financial Services Targets ₹1,000 Crore Disbursements by FY26, Reports Strong Q1 Performance
PTC India Financial Services (PFS) announced robust Q1 financial results and ambitious growth plans. Net profit increased by 207% to ₹136.63 crore, with improved return on net worth and assets. The company aims for project disbursements exceeding ₹1,000 crore by FY26, focusing on private infrastructure lending. PFS reported improved asset quality with decreased gross Stage III assets and no new slippages. The company is diversifying its portfolio into sectors like electric vehicle mobility, renewable projects, and waste management while emphasizing ESG assets.
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30Jul 25
PTC India Financial Services Reports 208% Jump in Q1 PAT to ₹137 Crore
PTC India Financial Services Limited (PFS) has reported a 208% year-on-year increase in profit after tax for Q1, reaching ₹137.00 crore compared to ₹44.00 crore last year. This growth comes despite a 12% decrease in total income to ₹142.00 crore. The company's asset quality improved significantly, with gross Stage III assets reducing to ₹441.00 crore from ₹767.00 crore. PFS also reported no new slippages, a Return on Assets of 9.77%, and a Capital Adequacy Ratio of 64.96%. The company recovered ₹125.00 crore under the NSL Nagapattinam resolution plan and received an investment grade rating upgrade for IL&FS Tamil Nadu Power Company.
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24Jun 25
PTC India Financial Services Issues LOI to Resolve ₹116 Crore Vento Power Debt
PTC India Financial Services (PFS) has issued a Letter of Intent (LOI) to Enviro Infra Engineers to resolve a ₹116.00 crore debt owed by Vento Power. Enviro Infra Engineers emerged as the highest bidder in the resolution process. This move is part of PFS's strategy to manage its loan portfolio and recover outstanding debts effectively.
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02Jun 25
PTC India Financial Services Receives ₹125 Crore from Resolution Plan
PTC India Financial Services (PFS) has received its full share of ₹125 crore as part of an approved resolution plan. This significant financial event is expected to improve the company's liquidity position and potentially impact its overall financial health. The receipt of funds suggests the resolution of certain financial or operational challenges, although specific details about the nature of the plan were not disclosed.
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10May 25
PTC India Financial Services Reports Fourfold Increase in Q4 Net Profit
PTC India Financial Services Ltd (PFS) announced its Q4 financial results, showing a fourfold increase in consolidated net profit to ₹582.00 million, up from ₹138.00 million year-over-year. However, revenue declined by 14.77% to ₹1.50 billion from ₹1.76 billion in the same quarter last year. The contrasting movements suggest successful implementation of cost-cutting measures and improved profit margins, despite facing revenue challenges.
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1 Year Returns:-10.28%
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