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PTC India Financial Services (PFS) reported strong financial results for the year ended March 31, 2026, marking a clear inflection point.
**Business Performance:** While total income for FY26 decreased to ₹518 Cr from ₹638 Cr, Profit After Tax (PAT) surged to ₹319 Cr from ₹217 Cr, with EPS rising to ₹4.97 from ₹3.38. Return on Assets improved significantly to 6.00%. A key highlight is the dramatic improvement in asset quality; Gross Stage III assets reduced by 73% year-on-year, dropping from ₹711 Cr to ₹190 Cr.
**Growth Drivers & Strategy:** PFS is focusing on sustainable infrastructure, including EV mobility and renewables. The company is strategically shifting towards private corporate borrowers, with 100% of Q4 FY26 disbursements going to this segment, alongside a more granular portfolio approach.
**Recent Developments:** CRISIL removed its rating from 'Watch with Developing Implications’, reaffirming it at 'A (Negative)/A1', signaling improved risk perception. FY26 saw disbursements and sanctions reach a three-year high. PFS also published its maiden Sustainability Report for FY25.
**Management Outlook:** The company's blueprint for FY27 emphasizes driving profitable and disciplined growth, building a risk-optimized portfolio, and deepening sector specialization with a focus on high-quality private sector lending.