Goldman Sachs Maintains Buy Rating on PTC Industries with Target Price of ₹24,725
Goldman Sachs has maintained its Buy rating on PTC Industries with a target price of ₹24,725.00. The maintained recommendation reflects the investment bank's continued positive outlook on the company's business fundamentals and growth prospects. This rating suggests Goldman Sachs views PTC Industries as an attractive investment opportunity in the current market environment.
PTC Industries Reports Impressive Q4 Results with Significant Profit and Revenue Growth
PTC Industries, a leading metal components manufacturer, announced impressive Q4 financial results. Net profit soared to ₹246.00 million, marking a 67.12% year-over-year increase. Revenue reached ₹1,200.00 million, up 65.75% from the previous year. The company also saw a significant quarter-over-quarter profit growth of 73.24%.
30May 25
PTC Industries Reports Strong Q4 Results with 67% Jump in Net Profit
PTC Industries, a metal components manufacturer, announced strong Q4 results with revenue reaching ₹1,200.00 million, up 65.75% year-over-year. Net profit increased by 67.12% to ₹246.00 million. EBITDA grew 31.29% to ₹287.00 million, though EBITDA margin decreased to 23.92%. The company saw reduced interest costs and increased other income, contributing to overall profitability. Despite challenges in maintaining profit margins, PTC Industries demonstrated resilience and operational efficiency in a challenging market.
28Mar 25
PTC Industries' Subsidiary Lands Major Deal with Safran for LEAP Engine Components
Aerolloy Technologies Limited (ATL), a subsidiary of PTC Industries, has secured a long-term purchase order from Safran Aircraft Engines to supply critical components for CFM's LEAP-1A and LEAP-1B engines. ATL will manufacture seven cast aero-engine components using titanium and superalloys, becoming the only Indian company to supply such components to a world-class aircraft engine manufacturer. PTC Industries is expanding its aerospace capabilities with a new manufacturing facility in the Uttar Pradesh Defence Industrial Corridor, aiming to create a fully vertically integrated facility for aerospace-grade materials production.