Mukul Agrawal-backed PTC Industries shares slip 4% despite 466% surge in Q1 profit and 180% EBITDA growth

Shares of PTC Industries slipped 4% to the day’s low of Rs 19,828 on Tuesday on NSE despite the company reporting strong earnings in the quarter that ended in June 2026. The company’s Q1 profit after tax surged nearly 466% year-on-year, with a 180% growth in its EBITDA for this quarter.

According to a filing with the exchange on Monday, the company delivered a strong beginning to FY27, with consolidated growth supported by scaling advanced manufacturing programmes, execution across aerospace and defence applications, and increasing contribution from its integrated materials and components platform.

The total income was reported at Rs 197.1 crore, registering 83% year-on-year growth against Rs 107.7 crore in the same quarter a year ago. The EBITDA was recorded at Rs 54.2 crore in Q1FY27, rising 180% YoY.

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The company’s profit after tax stood at Rs 29.1 crore in Q1FY27, registering a year-on-year growth of 466% from Rs 5.1 crore in the corresponding quarter of the previous year.

PTC Industries is a leading Indian manufacturer of precision metal components and strategic materials for critical applications. Through its wholly owned subsidiary, Aerolloy Technologies, the group produces titanium and superalloy materials and components for aerospace, defence and space applications in India and global markets.

During the quarter, Aerolloy Technologies, the wholly owned subsidiary of PTC Industries, continued to remain a key growth driver. Aerolloy Technologies reported total income of Rs 74.27 crore in Q1FY27, implying a growth of 466.4% YoY over Rs 13.11 crore in the June quarter of FY26, with EBITDA of Rs 33.42 crore with a margin of 45.0%. Its profit after tax jumped 322.9% YoY to Rs 22.08 crore.Trac Precision Solutions (UK), the group’s precision machining platform supporting high-value aerospace and industrial applications, reported total income of Rs 71.40 crore and EBITDA of Rs 6.1 crore in Q1FY27.

PTC Industries secured a landmark order from BrahMos Aerospace for the development, integration and supply of a strategic missile sub-system. The order marks the Company’s entry into systems and sub-systems integration, strengthening its role in advanced defence and aerospace programmes.

“Q1FY27 marks a strong start to the year and reflects the progress we are making in scaling PTC Industries as an integrated advanced manufacturing platform for aerospace, defence and strategic applications. Our consolidated performance improved significantly during the quarter, with strong growth in income and profitability and meaningful expansion in margins. Importantly, Aerolloy continued to emerge as a key growth driver, demonstrating the operating leverage beginning to come through from the capabilities and investments we have built over the past several years,” said Sachin Agarwal, Chairman and Managing Director.

“The quarter and the subsequent period were equally significant strategically. Our landmark agreement with Airbus expands our participation in global commercial aerospace supply chains, while the programmes with BrahMos Aerospace, ARDE-DRDO and Gun Factory Kanpur extend PTC’s role beyond precision manufacturing into design-led development, systems and sub-systems for mission-critical defence applications. These are important steps in the evolution of the Company and validate the depth of the integrated materials, metallurgy and manufacturing platform we are creating,” Agarwal further said.

In the last one year, the stock jumped over 2% and delivered nearly 40.38% returns in the last three years. The stock has delivered nearly 67% gains in the last five years.

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Mukul Mahavir Agrawal, Vikas Khemani hold over 1% stake in PTC Industries

Investors Mukul Mahavir Agrawal and Vikas Vijaykumar Khemani each held more than 1% stake in PTC Industries, as of the quarter ended June 30, 2026, according to shareholding pattern data.

Vikas Khemani held a 2.57% stake in the company, while Mukul Agrawal owned 1.07%. Mona Russell Mehta also holds a 2.33% stake in PTC Industries, the data showed.

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