PTCIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
PTC Industries submitted the Q1 FY2026 Monitoring Agency Report prepared by ICRA, tracking the use of funds raised through its August 2024 QIP of Rs 700 crore (net proceeds Rs 673.26 crore). As of June 30, 2025, the company has used Rs 499.69 crore of the Rs 700 crore raised, with Rs 200.31 crore still unutilized and parked in fixed deposits with Yes Bank and PNB Bank earning about Rs 3.35 crore at 7-8% returns. Loan repayment (Rs 50 crore), working capital (Rs 71 crore) and inorganic growth (Rs 175 crore) have been fully completed. Capex on manufacturing facilities and subsidiary Aerolloy Technologies stands at Rs 143.70 crore used out of Rs 209 crore planned. General corporate purposes remains largely unutilized at Rs 33.59 crore used out of Rs 168.26 crore. No deviation from stated objects has been observed.
The report confirms disciplined use of QIP proceeds with no deviations, which should reassure investors about management's execution. About 71% of the total raised amount has been deployed and the large idle portion is earning safe fixed-deposit returns, while the remaining capex and GCP spending in the coming quarters will be key checkpoints to watch.