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PTC India Limited (PTC) Fair Value & Analysis

Utilities · IN · Market cap ₹52.9B

PI PTC India Limited PTC · NSE
Price₹177.66
Fair Value₹347.82
Upside+95.8%
Quality64/100
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Evidence: Medium Range ₹260.86 – ₹434.77

Fair value as of: Jul 3, 2026

From 25 valuation models · updated today

Share price −4.1% over the past month.

Price vs Fair Value (12 months)

₹227.38 ₹149.90 Fair Value ₹347.82 Jul 2025 Jul 2026

12‑month range ₹149.90 – ₹227.38 · fair‑value band ₹260.86 – ₹434.77 · the ₹177.66 price screens below the ₹347.82 fair value. As of Jul 3, 2026.

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Analysis

PTC India Limited (PTC) currently trades at ₹177.66, while our model-based Fair Value estimate is ₹347.82 — implying the stock looks roughly 95.8% undervalued today. We read business quality at 64/100 (solid quality), in the Utilities sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium) — always confirm before acting.

Over the trailing twelve months, PTC India Limited generated revenue of ₹168B at a net margin of 3.6%. Revenue grew 28.9% year over year. It earns a return on equity of 10.4%. The balance sheet holds a net cash position of ₹21.5B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹168B
Revenue growth (YoY) +28.9%
Net margin 3.6%
Return on equity 10.4%
Free cash flow ₹28.0B FY2026
P/E ratio 8.7
More key figures
Operating margin 4.7%
EPS (TTM) ₹20.46
Dividend yield 4.7%
EPS growth (YoY) -70.0%
Net cash ₹21.5B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

PTC India Limited, together with its subsidiaries, engages in the trading and generating of power in India, Nepal, Bhutan, and Bangladesh. The company operates in two segments, Power and Financing Business. It engages in long term, medium term, and short-term power trading activities; and cross border power trading business. The company provides financing solutions to the energy value chain which includes investing in equity or extending debt to power projects in generation, transmission, distribution, fuel resources, and fuel related infrastructure, as well as consultancy and advisory services. It serves its products to state distribution and private distribution companies, corporates, and entities trading power on power exchanges. The company was formerly known as Power Trading Corporation of India Ltd and changed its name to PTC India Limited. PTC India Limited was incorporated in 1999 and is based in New Delhi, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

PTC India Limited reported revenue of ₹168B in FY2026 versus ₹163B in FY2022, a compound +0.7%/yr. Reported net income was ₹6.1B in FY2026, compounding +4.6%/yr from FY2022.

Revenue +0.7%/yr
FY22 ₹163B
FY23 ₹153B
FY24 ₹168B
FY25 ₹162B
FY26 ₹168B
Net income +4.6%/yr
FY22 ₹5.1B
FY23 ₹4.5B
FY24 ₹4.8B
FY25 ₹9.0B
FY26 ₹6.1B

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Similar stocks

6 more Utilities - Independent Power Producers stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

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Constellation Energy Corporation CEG $272.65 $79.23 -71%
Vistra Corp VST $167.26 $43.45 -74%
Adani Power Limited ADANIPOWER ₹232.60 ₹54.94 -76%
CGN Power Co 003816 ¥4.33 ¥2.85 -34%
Gulf Development Public Company GULF 63.75 THB 40.44 THB -37%
NRG Energy, Inc NRG $137.66 $56.02 -59%

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Frequently asked questions

Is PTC India Limited (PTC) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹347.82 versus a price of ₹177.66 — about +96% (undervalued). Model-based estimate, not financial advice.
What is the fair value of PTC?
Our model-based fair value for PTC India Limited is ₹347.82 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹177.66.
What is the quality score of PTC?
PTC India Limited has a Quality Score of 64/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of PTC India Limited (PTC)?
PTC India Limited reported trailing-twelve-month revenue of about ₹168B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of PTC?
The net profit margin of PTC India Limited is about 3.6%, meaning it keeps roughly 3.6% of revenue as net income. Based on the latest reported figures.
Does PTC India Limited pay a dividend?
PTC India Limited currently shows a dividend yield of about 4.70% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.