PTC India Limited (PTC) AI Stock Analysis

6 Followers

PTC India Limited

(NSE:PTC)

Select Model

Rating:62.5Neutral

Price Target:INR 142.00▲(0.89% Upside)

Action:downgraded

Date:08/21/26

The overall score reflects a company with a fortress-like balance sheet and strong cash generation, offset by deteriorating profitability and weak technical momentum. The low P/E and exceptionally high dividend yield are attractive, but the stock's negative price trend and declining margins are significant concerns. The financial strength provides a floor, but a catalyst is needed to reverse the negative sentiment.

Positive Factors

Strong cash generationConsistently strong operating and free cash flow, with free cash flow near net income, indicates that reported earnings are supported by cash generation. The FY2026 rebound further strengthens internal funding capacity, helping PTC support operations, maintain resilience, and pursue opportunities without relying as heavily on external capital.

Negative Factors

Margin compressionMaterial margin compression indicates that PTC is currently retaining less profit from its revenue than in earlier periods. Weaker spreads, pricing, or higher costs could limit the benefit of further revenue growth and make profitability more sensitive to power-market conditions, reducing earnings durability over coming quarters.

PTC India Limited (PTC) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 41.47B
Dividend Yield: 22.38%
Average Volume (3M): 98.84K
Price to Earnings (P/E): 9.0
Beta (1Y): 1.02
Revenue Growth: 13.29%
EPS Growth: -48.50%
Country: India
Employees: 109
Sector: General
Sector Strength: 55
Industry: Independent Power Producers

PTC India Limited Business Overview & Revenue Model

Company Description

PTC India Limited, operating alongside its various subsidiaries, is actively engaged in the commerce of electricity throughout India, Nepal, Bhutan, and Bangladesh, including international cross-border transactions. The company manages power deals ra...

How the Company Makes Money

PTC makes money mainly through its role as a power trading intermediary and from related service activities. 1) Electricity trading margins/fees: PTC facilitates short-, medium-, and longer-tenure power purchase arrangements by sourcing electricity f...

PTC India Limited Financial Statement Overview

Summary

Financial performance is mixed. The balance sheet is a major strength with very low leverage (D/E 0.30) and growing equity. Cash flow is robust with high earnings quality (99.8% FCF conversion). However, the income statement shows significant margin compression and a 33% drop in net income, which tempers the overall score.

Income Statement

38Negative

Balance Sheet

85Very Positive

Cash Flow

72Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Jun 2022
Income Statement
Total Revenue	174.56B	167.71B	162.41B	167.83B	153.04B	163.19B
Gross Profit	7.82B	8.60B	12.41B	13.75B	11.06B	14.85B
EBITDA	9.77B	7.33B	14.72B	10.87B	11.30B	15.96B
Net Income	5.09B	6.06B	9.00B	4.77B	4.46B	5.06B
Balance Sheet
Total Assets	0	126.31B	129.16B	151.23B	166.30B	198.82B
Cash, Cash Equivalents and Short-Term Investments	46.71B	45.85B	34.35B	21.52B	18.26B	21.64B
Total Debt	0	17.69B	29.62B	43.27B	65.46B	97.71B
Total Liabilities	-70.59B	55.72B	61.47B	90.93B	107.56B	143.66B
Stockholders Equity	70.59B	59.81B	58.05B	51.42B	50.19B	47.23B
Cash Flow
Free Cash Flow	22.33B	27.99B	17.92B	24.48B	35.74B	30.39B
Operating Cash Flow	22.36B	28.03B	17.98B	24.51B	35.75B	30.49B
Investing Cash Flow	-23.42B	-11.20B	8.78B	-5.04B	1.68B	461.20M
Financing Cash Flow	-12.39B	-31.17B	-18.17B	-20.42B	-40.19B	-27.88B

PTC India Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price140.75

Price Trends

50DMA146.47Negative

100DMA149.69Negative

200DMA151.49Negative

Market Momentum

MACD-2.30Negative

RSI45.87Neutral

STOCH67.85Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PTC, the sentiment is Negative. The current price of 140.75 is below the 20-day moving average (MA) of 141.75, below the 50-day MA of 146.47, and below the 200-day MA of 151.49, indicating a bearish trend. The MACD of -2.30 indicates Negative momentum. The RSI at 45.87 is Neutral, neither overbought nor oversold. The STOCH value of 67.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:PTC.

PTC India Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:PTC against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:ADANIPOWER	74Outperform	INR 3.97T	22.01	―	―	8.20%	51.44%
IN:NTPC	68Neutral	INR 3.18T	10.67	―	2.83%	7.39%	25.16%
IN:PTC	63Neutral	INR 41.75B	9.04	―	22.38%	13.29%	-48.50%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:JSWENERGY	53Neutral	INR 956.34B	40.15	―	0.39%	26.38%	11.53%
IN:TORNTPOWER	53Neutral	INR 622.82B	25.74	―	1.62%	8.25%	-19.50%
IN:TATAPOWER	46Neutral	INR 1.15T	29.75	―	0.69%	2.22%	6.34%

* General Sector Average

Performance Comparison

IN:PTC and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:PTC	PTC India Limited	140.75	-0.25	-0.17%
IN:ADANIPOWER	Adani Power Limited	207.60	55.70	36.67%
IN:JSWENERGY	JSW Energy Limited	517.00	-9.41	-1.79%
IN:NTPC	NTPC Limited	326.25	7.98	2.51%
IN:TATAPOWER	Tata Power Company Limited	360.95	-25.60	-6.62%
IN:TORNTPOWER	Torrent Power Limited	1236.45	-39.17	-3.07%

PTC India Limited Corporate Events

PTC India Receives ‘Strong’ ESG Rating of 63 from CRISIL

Oct 20, 2026

PTC India Limited has received an updated Environmental, Social, and Governance rating of 63, classified as ‘Strong’, from CRISIL ESG Ratings & Analytics Limited. The rating reflects CRISIL’s independent assessment of PTC’s ESG performance based on p...

PTC India Posts Higher Power Trading Volumes and Shares Q1 FY27 Earnings Call Transcript

Aug 10, 2026

PTC India Limited informed stock exchanges that it has uploaded the transcript of its investors and analysts call discussing unaudited financial results for the quarter ended 30 June 2026. The Q1 FY27 earnings call was led by Managing Director and CE...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 21, 2026

PTC India Limited AI Stock Analysis