Sunday, August 16, 2020

PTC Industries Ltd – High Operating Profit Margin Play


PTC Industries Ltd closes   at 582.50 with  a  Gain   of   + 20.00 %   on    14-Aug-2020   with formation of  a  Long Green  Candle    on Daily  Price Chart.

About the Company : PTC Industries Limited is engaged in manufactures stainless steel castings, alloys steel castings, non-alloy steel castings, steel structure and assembly items.

PTC Industries Ltd posted Net Sales / Revenue   of 168.00 Cr  & Net Profit  of 11.00 Cr in FY2020 with Operating Profit of 28..00 Cr and Operating Profit Margin of 17% . In June Quarter 2020, the company has posted Net Sales of ₹28.16 Cr with Operating profit of ₹ 6.73Cr and OPM of 23.30% and posted PAT of ₹ 0.33Cr.

Valuations  :  The Company is now Trading at X 2.2  of its  valuations ( last 4Quaters earnings considered here)at ~120 % premium  and at X1.98 of its FY 2021, which is now almost  ~98%  Premium to its value .

The Fare Value of Equity Per Share is 525.83 for FY2021.

Disclaimer : We are / may going to take exposure shortly.

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