Multibagger stock: The Indian stock market has generated several multibagger stocks which has significantly boosting the wealth of retail investors who view long-term investing as the path to exceptional returns.
One such stock is PTC Industries, which has given exceptional returns to its long-term investors by surging to new record highs.
PTC Industries stock, which was once priced at ₹65 in February 2016, has now surged to ₹11,635 over the span of nine years. This means that the stock has rallied over 179 times.
PTC Industries stock movement
Looking at the price history of PTC Industries, the stock has grown 7,665 per cent over the past five years, delivering multibagger returns to its investors.
For prospective, an investor who put ₹1 lakh into the stock five years ago and retained the investment would have seen its value soar to ₹1.80 crore. The stock has gained 44 per cent over the past year, while its returns over two and three years have soared by 333 per cent and 626 per cent, respectively.
However, the PTC Industries share price has failed to impress the short-term investors. The stock has plunged over 31 per cent in one month and over 19 per cent in the last six months.
The stock has traded between a 52-week high of ₹17,978 and a low of ₹7,025.05. The company’s market capitalization currently stands at ₹16,350.60 crore.
Ace Investor Mukul Agarwal owns 1.07 per cent stake or 1,60,000 shares in the defence stock.
PTC Industries financial overview
The company posted a 76 per cent year-on-year (YoY) increase in consolidated net profit, reaching ₹14.24 crore in the December 2024 quarter (Q3FY25), primarily driven by a rise in other income. However, on a sequential basis, profit declined by 18 per cent from ₹17.39 crore in Q2FY25.
Revenue from operations saw a 20.6 per cent YoY growth, totaling ₹66.92 crore, while other income more than doubled to ₹10.19 crore from ₹3.61 crore in Q3FY24.
However, overall expenses surged by 20 per cent, reaching ₹58.03 crore, driven by increased operational and input costs.
Company overview
PTC Industries is a prominent manufacturer in the engineering sector, serving industries such as aerospace, defense, oil and gas, power, and marine. The company specializes in castings and provides comprehensive design support for a wide range of critical and super-critical applications.
Its offerings include castings for pumps and valves, marine components like pump casings and chambers, as well as parts for water jet engines, including guide vane chambers, impellers, fixed pitch propellers, propeller blades, hubs, and flow control castings.
