Mukul Agrawal-Backed Multibagger Critical Component Manufacturer Strengthens Defence Capabilities with Acquisition of Advanced Titanium Rolling Mill: Details Inside!
The company’s shares have delivered an impressive return of around 120 per cent to its shareholders in the past one years.
This Small-Cap company is a leading manufacturer of metal components for critical applications across industries like Defence, Oil & Gas, LNG, and Marine, announced a significant milestone through its subsidiary, Aerolloy Technologies Limited (ATL).
ATL has acquired a Hot Rolling Mill from the USA, enabling the production of Titanium Alloy Plates and Sheets for Aerospace and Defence applications. This acquisition enhances ATL's upcoming Strategic Materials Technology Complex in the UP Defence Industrial Corridor (UPDIC), creating a fully vertically integrated capability. The company now covers the entire Titanium alloy product value chain, including Ingots, Billets, Bars, Rods, Castings, and Plates & Sheets. This rare and advanced capability positions ATL uniquely on a global scale, boosting profitability and margins while supporting critical aerospace and marine engineering applications.
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On Friday, the shares of PTC Industries closed at around Rs 13220.40 per share on the BSE. The company’s current market capitalization stands at Rs 19091 crore. Additionally, the shares have delivered a return of around 125 per cent in the past 1 year.
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As per the Quarterly Results, in the Q1 FY25, PTC Industries recorded a revenue of Rs 46.87 crore compared to Rs 71.51 crore. The operating profit stood at Rs 10.05 crore. The net profit stood at Rs 4.90 crore compared to a profit of Rs 11.28 crore. Looking at the annual performance, the company generated a revenue of Rs 257 crore in FY24. The operating profit for FY24 was Rs 73 crore with a net profit of Rs 42 crore compared to a net profit of Rs 26 crore in FY23.
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Disclaimer: The article is for informational purposes only and not investment advice.