2,190 per cent returns in just 3 years; this small-cap multibagger company announces stellar results!

Army Chief General Manoj Pande said the indigenous weapon system is the way forward and that orders worth Rs 8 lakh crore will be placed with Indian companies in the next 7-8 years.

PTC Industries Limited is a leading global supplier of high-precision metal components for critical operations in the aerospace, defence, and industrial sectors. With integrated manufacturing units in Uttar Pradesh and Gujarat, the company is committed to unmatched quality and is expanding its operations in the Uttar Pradesh defence industrial corridor.

In their recent announcement, PTC Industries reported their FY23 results. The company witnessed a remarkable surge in sales, with a growth of 22.4 per cent to reach Rs 226.73 crore compared to FY22. Moreover, the EBITDA showed significant improvement, increasing by 36.6 per cent to Rs 66.11 crore compared to FY22. The net profit of the company also exhibited substantial growth, with a remarkable increase of 101.6 per cent to Rs 25.82 crore compared to FY22.

Army chief Gen Manoj Pande said the indigenous weapon system is the way forward and that orders worth Rs 8 lakh crore will be placed with Indian companies in the next 7-8 years.

Over the past year, the company has delivered remarkable returns of 91 per cent, and for three years, it has achieved an astonishing return of 2,191 per cent. Furthermore, the company has achieved a consistent sales growth of 16 per cent (CAGR) and a profit growth of 22 per cent (CAGR) over the past five years.

On Friday, shares of the company surged by 1.97 per cent and reached its 52-week high of Rs 3,160.05. The stock had a spurt in volume by more than 1.46 times.

Investors should keep a close eye on this multibagger small-cap stock.