PTC India Financial Services Ltd
NSE:PFS
PTC India Financial Services Ltd
PTC India Financial Services Ltd. engages in the provision of finance for energy value chain through investment and lending. The company is headquartered in New Delhi, Delhi and currently employs 48 full-time employees. The company went IPO on 2011-03-30. The firm provides financing solutions to the energy value chain, which includes investing in equity or extending debt to road infrastructure projects and power projects, in generation, transmission, distribution, fuel resources and fuel-related infrastructure. The company provides fund-based / non-fund based financial assistance in the form of debt or structured debt instruments, taking into account the need of the promoter/borrowing company, condition of the financial markets, risks and rewards from the project and regulatory requirements. The company offers long term loans, short term loans as well as bridge financing to the projects. As an underwriter, lead arranger, and syndicator, it is structurally focused on renewable energy projects, such as greenfield as well as brownfield expansion projects and specializes in products, including vanilla project finance debt, structured debt and securitization.
PTC India Financial Services Ltd. engages in the provision of finance for energy value chain through investment and lending. The company is headquartered in New Delhi, Delhi and currently employs 48 full-time employees. The company went IPO on 2011-03-30. The firm provides financing solutions to the energy value chain, which includes investing in equity or extending debt to road infrastructure projects and power projects, in generation, transmission, distribution, fuel resources and fuel-related infrastructure. The company provides fund-based / non-fund based financial assistance in the form of debt or structured debt instruments, taking into account the need of the promoter/borrowing company, condition of the financial markets, risks and rewards from the project and regulatory requirements. The company offers long term loans, short term loans as well as bridge financing to the projects. As an underwriter, lead arranger, and syndicator, it is structurally focused on renewable energy projects, such as greenfield as well as brownfield expansion projects and specializes in products, including vanilla project finance debt, structured debt and securitization.
Disbursement Momentum: PTC India Financial Services reported Q3 FY '26 disbursements of INR 609 crores, the highest in 13 quarters, and expects Q4 disbursements to be nearly double Q3’s level.
Loan Growth: 9-month FY '26 disbursements reached INR 1,073 crores, surpassing the full FY '25 total of INR 916 crores, with strong pipeline and sanction momentum continuing.
Asset Quality: No new NPA slippages were reported; net NPA stands at INR 47 crores, and management anticipates resolving the Danu Wind Park NPA by Q1 FY '27.
AUM Outlook: Management expects a 15% quarter-on-quarter increase in AUM for Q4, with a sustainable quarterly disbursement run-rate of INR 1,000 crores going forward.
Profitability: Q3 net profit was INR 49 crores; return on assets for the quarter was 3.73%.
Margins: NIM is expected to stabilize in the 3.5% to 4% range, with cost of funds seen gradually declining over the next few quarters.
Liabilities & Capital: Liquidity remains strong at around INR 1,400–1,500 crores; new liability mobilization and a possible capital raise are expected in early next year.
Dividend & Governance: No dividend declared as focus remains on capital conservation, but management indicates potential for payout after annual results.
