PTC Industries' profit jumps 66% on 88% revenue growth and a string of global orders.
FY26 consolidated revenue hit ₹6,432.9 million, with the Lucknow facility's new forging system passing trials and locking in work from Blue Origin and BrahMos.
What's new
- Q4 revenue jumped 77.3% to ₹2,373.1 million; full-year revenue rose 88% to ₹6,432.9 million.
- Net profit for the year rose 66.4% to ₹1,015.6 million.
- The company landed orders from Blue Origin and BrahMos (₹1,100 million), and a long-term supply deal with Honeywell.
Why this matters
The financials show a company scaling fast, but the order book is the story. Securing work from Blue Origin and a four-figure-crore BrahMos contract validates the capability of its new Lucknow forging system before it even enters full production. The mix of global OEMs and domestic defence orders de-risks the growth path.
What we're watching
- Execution timelines for the Blue Origin and BrahMos orders.
- Progress on the proposed joint venture with Bharat Dynamics.
- Capacity ramp-up at the Lucknow complex following the successful forging trials.
The full read
PTC Industries closed a blockbuster FY26. Revenue grew 88% to ₹6,432.9 million and net profit climbed 66.4% to ₹1,015.6 million, with Q4 alone contributing a 77.3% revenue jump to ₹2,373.1 million. The numbers are strong, but the operational wins will shape the stock's trajectory. The company's new 4,500/5,100-tonne open die forging system in Lucknow has passed its trials, and that capacity is now underpinning real contracts. It locked in orders from Blue Origin and a ₹1,100 million deal from BrahMos Aerospace. A long-term supply pact with Honeywell and a proposed joint venture with Bharat Dynamics add a second vector of growth. The financials reflect a company moving from investment to return on that investment. The forging system is no longer a plan; it is a working asset with a customer list.
Questions answered
- How much did PTC Industries' revenue and profit grow in FY26?
- Full-year consolidated revenue grew 88% to ₹6,432.9 million. Net profit rose 66.4% to ₹1,015.6 million, indicating margin expansion alongside the revenue surge.
- What is the significance of the new forging system?
- The 4,500/5,100-tonne open die forging system at the Lucknow complex has completed hot and cold trials. This system is central to the new orders from global and domestic aerospace and defence customers.
- Which major customer orders are detailed in the filing?
- The company secured orders from Blue Origin for BE-4 engine castings, a ₹1,100 million contract from BrahMos Aerospace, and entered a long-term supply agreement with Honeywell.
- Are there any new partnerships announced?
- Yes. The company has a proposed joint venture with Bharat Dynamics Limited and has signed an MoU with Safran Aircraft Engines, expanding its collaborative footprint in aerospace.