PTC India Limited — Investor Meet, 18-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

PTC India's Q2 FY26 call highlighted strong operational performance. Standalone PAT grew 15% to Rs 134 Cr, with trading volume up 9% to 26.2 billion units. H1 standalone PAT rose 7% to Rs 239 Cr. Overall trading margin was 3.54 paisa/unit, with long-term at 7.02 paisa and short-term at 0.85 paisa.

Management projects 6-8% annual power demand growth, targeting new renewable energy PPAs (100MW executed, 500MW EOI). They are investing Rs 500 Cr in a JV with NLC for RE assets. Cash utilization focuses on working capital and strategic ventures over higher dividends, aiming for long-term revenue stability. Despite PFS divestment delays and director resignations, management expresses confidence in business continuity and growth trajectory.