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PTC India Financial Services Ltd Finance
₹ 41.08 +0.73 (1.81%)
  • NSE
  • BSE

Overview

  • BSE Code 533344
  • NSE Symbol PFS
  • ISIN Demat INE560K01014
  • Book Value (₹) 42.88
  • Face Value (₹) 10.00
  • Market Cap (₹ Cr.) 2,659.70
  • P/E (TTM) 12.25
  • EPS (TTM) 3.38
  • Div Yield (%) 0.00

Performance

Today’s Low 40.67
Today’s High 41.37

41.08
52W Low 29.41
52W High 62.30

41.08
Open 40.99
Prev. Close 40.35
Volume 5,57,024.00

Corporate Actions

PTC India Financial Services Limited - Outcome of Board Meeting
Apr 24, 2025

PTC India Financial Services Limited has informed the Exchange regarding Outcome of Board Meeting held on April 24, 2025.

About PTC India Financial Services Ltd

PTC India Financial Services Ltd is an Indian non-banking financial institution promoted by PTC India Ltd. The company is one of the few financial institutions in India that provide both equity and debt financing, including short-term and long-term debt, as well as structured debt financing. They offer an integrated suite of services including provision financing to, and make investments in, private sector Indian companies in the power sector, including for power generation, equipment supply and fuel source projects.

The company delivers comprehensive solutions in fund based and non-fund based debt financing, including short-term and long-term debt, as well as structured debt financing. In addition to financing project companies, they also provide bridge financing to promoters of power projects. They provide various fee-based services including facility agent and security agent services, as well as advisory services such as techno-economic feasibility studies for power projects in India. They also provide non-fund based financial services adding value to green field and brown field projects at various stages of growth and development.

PTC India Financial Services Ltd was formally created and deployed as a legal entity on September 8, 2006 as a public limited company. The company was created and deployed as a special purpose investment vehicle to provide total financial services to the entities in energy value chain, which includes investing in equity and/or extending debt to power projects in generation, transmission, distribution; fuel sources, fuel related infrastructure like gas pipelines, LNG terminals, ports, equipment manufacturers and EPC contractors etc. They received their certificate for commencement of business in March 2007.

During the year 2007-08, the company made their first investment in India's first power exchange, Indian Energy Exchange Ltd. In December 2007, Goldman Sachs Strategic Investments Ltd and Macquarie India Holdings Ltd broadened its footprint operations into into a share subscription agreement and shareholders Agreement with the company and executed a strategic acquisition of 22.40% of the share capital of the company.

During the year 2008-09, the company commenced the debt financing business. In July 2008, the company signed an agreement for taking a 26% equity stake in Meenakshi Energy Pvt Ltd, which is setting up a 270 MW Thermal power project at Nellore district in Andhra Pradesh. In August 2008, they signed an agreement 2008 for taking 26% equity stake in Ind-Barath Powergencom Ltd, which is setting up a 189 MW Thermal Power Plant at Thoothukkudi District in Tamilnadu.

During the year 2009-10, the company commissioned the 6 MW wind power project in the state of Karnataka. In March 2010, the company diversified into the new business of Carbon Financing. They concluded a Carbon Financing transaction, wherein they have provided Upfront Carbon Financing to a 20 MW hydro power project in Orissa against forward purchase of Certified Emission Reduction (CER) to be generated by the project. Also, they signed an MoU with Macquarie Bank Ltd, London for cooperation in the Carbon Finance Business.

In August 2011, the company was given Infrastructure Financial Company (IFC) status by the Reserve Bank of India. In October 2010, they signed the ECB Loan Agreement with DEG, Germany for availing external commercial borrowings in the nature of a term loan for an amount of USD 26 million.

The company intends to grow their principal investment and debt financing businesses, as well as expand their fee based and other services, to ensure effective sourcing and crosssell of their financing products and services. The company intends to increase their strategic emphasis on their current fee-based services that include primarily debt facility agent and security agent services as well as various advisory services such as techno-commercial appraisal services. They intend to increase their strategic emphasis on debt syndication activities in the future.

The company intends to continue to develop strategic partnerships with international financial institutions by establishing joint ventures and/or private equity funds. They are currently exploring joint venture opportunities for the establishment of a fund strategic emphasised on renewable energy. They intend to enter into strategic partnerships from time to time to provide various financial services in specific areas of India's power sector.

Founded: 2006
Chairman: MANOJ KUMAR JHAWAR
Managing Director: Balaji Rangachari
Address: 7th Flr TelephoneExchangeBuldg, 8 Bhikaji Cama Place, New Delhi, New Delhi, 110066,