PTC Industries Ltd

Meeting Details

• GIC Private Limited has a physical group meeting scheduled for Aug 22, 2026 in Lucknow.
• Goldman Sachs Asset Management meeting date, time, and venue are not specified.
• Motilal Oswal Asset Management Company Limited has an investor meeting with no date specified.
• Tree Line Investment Management Limited will have a meeting from 10:30 am onwards, date not specified.
• Trust Asset Management Private Limited is listed for investor meetings, but details are not provided.
• Creaegis Investment Advisers Private Limited is listed for investor meetings; details are not provided.
• Arohi Asset Management Pte. Ltd has investor meetings; details are not provided.
• Susquehanna International Group is listed for investor meetings; details are not provided.

Q1FY27 Performance

• Total income rose to ₹197.1 crore, up 83% YoY.
• EBITDA rose to ₹54.2 crore with a 27.5% margin.
• PAT rose to ₹29.2 crore, PAT margin 14.8%.

Milestones & Highlights

• Aerolloy-Airbus landmark agreement for titanium castings on A320neo, A330neo and A350.
• BrahMos order for missile sub-system marks entry into defence systems.
• ARDE-DRDO Titanium Cradle order enables design-led defence components.
• Two major artillery components development order strengthens artillery capabilities.
• MoD leadership visit showcased integrated titanium and superalloy ecosystem.
• PM-VBRY ceremony recognised workforce development initiatives.
• Named among Burgundy Private Hurun India 500 Most Valuable Companies.

Key financial highlights

• Total Income: Rs 1,971.1 mn, up 83% YoY.
• EBITDA: Rs 542.1 mn; margin 27.5%.
• PAT: Rs 291.9 mn; margin 14.8%.
• Aerolloy Technologies: Total Income Rs 742.7 mn, up 466.4% YoY; EBITDA Rs 334.2 mn; PAT Rs 220.8 mn.
• Trac Precision Solutions (UK): Total Income Rs 714.0 mn; EBITDA Rs 61.0 mn.

Strategic developments

• Airbus titanium castings agreement for A320neo, A330neo, A350 programmes.
• BrahMos Aerospace order for missile sub-system development and supply.
• ARDE-DRDO design and development order for Titanium Cradle for 105mm Indian Light Weight Tank.
• Gun Factory Kanpur development order for two major artillery gun components.
• Ministry of Defence visit to Strategic Materials Technology Complex.

Integrated platform and capacity

• Multi-million-dollar investment to establish integrated titanium and superalloy ecosystem at Lucknow facility.
• Facility will house a titanium mill and precision casting facility.

Leadership and outlook

• Chairman & Managing Director statements emphasize disciplined execution and sustainable growth.

Issue Overview

• QIP of Equity Shares; no revision or undersubscription reported.
• Main objectives: debt repayment, capex, working capital, inorganic growth, general corporate purposes.

Utilisation of Proceeds

• Utilisation is in line with objects; no material deviation.
• No changes in means or reallocations reported.
• Repayment: fully utilised.
• Working capital: fully utilised.
• Inorganic growth: fully utilised.
• Capex: on schedule; partially utilised during the quarter.
• GCP: partially utilised; remaining unutilised funds.
• Unutilised funds: held in fixed deposits and a monitoring account.

Governance and Compliance

• Statutory and shareholder approvals not required for these objects.
• No material events affecting viability reported.
• MA relies on issuer data; no independent audit performed.
• No conflict of interest reported by monitoring agency.

GCP

• GCP total utilisation: 118.48 crore across capex, working capital, inorganic growth.
• Board approval obtained via board resolution dated 14 February 2026.
• Unutilised GCP funds totaling about 49.77 crore.
• GCP sub-heads include inorganic growth, capex, and working capital.

Financial results approved

• Unaudited standalone and consolidated Q1 FY2026-27 results approved for quarter ended 30 June 2026.

Audit review disclosures

• Limited Review reports completed; no material misstatement identified in standalone or consolidated results.

Cost auditor appointment

• Cost Auditor appointed: Aman Malviya & Associates for FY 2026-27, effective August 14, 2026.
• Effective date and term disclosed under Regulation 30; appointment for FY 2026-27.

EGM timing corrigendum

• EGM timing revised: Aug 1, 2026, 03:00 PM to 05:30 PM.
• Meeting to be conducted via VC/OAVM; agenda unchanged.
• Remote e-voting period and other details remain unchanged.
• Notice and corrigendum available on company and exchange websites.

Key highlights

• Design and development order from ARDE/DRDO for a Titanium Cradle for the 105mm Indian Light Weight Tank.
• First order of its kind, with PTC responsible for design and development rather than build-to-print.
• Strengthens PTC ONE From Melt to Mission by adding design-led development for defence components.
• Execution period is 2.5 years.
• Awarded by ARDE/DRDO, a domestic entity.
• Titanium offers high strength-to-weight ratio for mission-critical components.
• Expands long-term strategy and opportunities in indigenous defence capabilities.
• Lucknow node expansion to include Titanium and Superalloy capabilities.
• This order marks transition toward design-led development in defence.

Contract highlights

• Landmark order from BrahMos Aerospace for development, integration and supply of a strategic missile sub-system.
• First major systems-and-sub-systems integration order, expanding PTC ONE from Melt to Mission.
• Two-year execution scope; mission-critical structural assembly for supersonic, thermal, and dynamic conditions.
• Expands PTC ONE to include systems and sub-systems integration; moves downstream in the value chain.
• Contract value not disclosed due to strategic and confidentiality considerations.
• Validates long-term strategy to build integrated aerospace and defence capabilities.
• Strengthens India’s indigenous defence manufacturing ecosystem.