Mumbai : PTC Industries Limited (herein referred to as “PTC”), a leading manufacturer of high-quality high-precision metal components for various critical and super-critical applications, today announced the listing of its equity shares on the National Stock Exchange (NSE). The company is already listed on the Bombay Stock Exchange (BSE), BSE:539006.

As part of its efforts to enhance the liquidity and availability of its shares, PTC Industries has decided to list on the National Stock Exchange (NSE). Today, on June 9, 2023, the company successfully listed its entire equity share capital of 1,33,82,257 (One crore thirty-three lakh eighty-two thousand two hundred and fifty-seven) shares, each with a face value of Rs 10, on the NSE following approval from the exchange.

The listing of equity shares on NSE will provide more liquidity and better options for investors at large and will broaden the base of investors. NSE is one of the leading stock exchanges in India, having nationwide trading terminals and providing an easy trading facility for investors spread across the country.

Commenting on the new listing, Mr Sachin Agarwal, Chairman and Managing Director, PTC Industries, said: “We are delighted to announce our company’s listing on the NSE, which will enhance our scrip’s liquidity and give it greater access to a large pool of investors. It is a landmark in our journey to be a publicly-traded company with greater emphasis on corporate governance, accountability and transparency.”

Quality, innovation, and advanced technologies define PTC Industries Limited, as one of the world’s leading suppliers of high-precision metal components for critical and super-critical operations across a wide range of segments including Aerospace, Defence, and Industrial. The Company’s commitment to unmatched quality has helped it to emerge as a preferred partner to its customers across the world.

PTC’s guiding principle or “Dharma” has been to achieve Parity in the sphere of manufacturing strategic and critical materials and their components within India thus embodying the spirit of building a truly Aatmanirbhar Bharat. For PTC, Parity denotes equivalence in technology, opportunity, defence, sustainability, wealth creation, and a prosperous livelihood for all. The Company has invested in well-integrated manufacturing units with facilities in Uttar Pradesh and Gujarat. Recently, PTC’s wholly owned subsidiary, Aerolloy Technologies Limited’s new Aerospace and Defence facility was inaugurated by Shri Rajnath Singh, Honourable Defence Minister, Government of India. The company is expanding its capabilities to fulfil its strategic objectives of manufacturing aerospace components and strategic materials including Titanium, Cobalt, and Nickle Superalloys for Defence and Aerospace applications indigenously.

PTC Industries has reported a profit after tax (PAT) of Rs 25.82 crore in FY23, a 102% growth year-on-year, compared to Rs 12.81 crore in the previous fiscal year. Total income for the period was at Rs 226.73 crore compared to Rs 185.23 crore in FY22, registering a strong growth of 22%. The company’s EBITDA (earnings before interest, tax, depreciation and amortization) for FY23 was at Rs 66.11 crore against Rs 48.38 crore in FY22, a growth of 37%. EBITDA margin for FY23 was 29.2%.