Bharat Forge Limited vs PTC Industries Limited
An objective side-by-side of BHARATFORG and PTCIL, both in Castings & Forgings: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-11-06 close
Latest results: BHARATFORG Sep 2026 · PTCIL Jun 2026
At a glance
- Bharat Forge Limited is the larger company by market value, about 2.2 times the size of PTC Industries Limited.
- On trailing earnings, Bharat Forge Limited trades at the lower P/E (122.4 against 307.7).
- PTC Industries Limited earns the higher return on equity (8.3% against 6.0%).
- Over three years PTC Industries Limited has grown profits faster (58% a year against 35%).
- Over the past year the share prices returned +31.4% (BHARATFORG) and +40.8% (PTCIL).
| Metric | Bharat Forge BHARATFORG |
PTC Industries PTCIL |
|---|---|---|
| Size and price | ||
| Market cap | ₹85,029 Cr | ₹38,564 Cr |
| Share price | ₹1,740.00 | ₹24,335.00 |
| Valuation | ||
| P/E | 122.38 | 307.70 |
| P/B | 7.39 | 25.59 |
| EV/EBITDA | 30.95 | 224.91 |
| PEG | 3.50 | 5.31 |
| Dividend yield | 0.5% | 0.0% |
| Profitability | ||
| ROE | 6.0% | 8.3% |
| ROCE | 13.0% | 8.0% |
| Operating margin | 16.3% | 24.8% |
| Sales (TTM) | ₹18,381 Cr | ₹697 Cr |
| Net profit (TTM) | ₹695 Cr | ₹125 Cr |
| Growth | ||
| Latest quarter sales YoY | +20.8% | +97.4% |
| Latest quarter profit YoY | -6.9% | +466.2% |
| Sales CAGR 3Y | +9.0% | +40.0% |
| Profit CAGR 3Y | +35.0% | +58.0% |
| Sales CAGR 5Y | +22.0% | +30.0% |
| Profit CAGR 5Y | +40.0% | +101.0% |
| Financial strength | ||
| Debt/Equity | 0.68 | 0.17 |
| Interest cover | 6.04 | 11.23 |
| Ownership | ||
| Promoter holding | 43.1% | 56.5% |
| Promoter change (4 qtrs) | -0.95 pp | — |
| Price performance | ||
| Return 1M | -5.53% | -1.42% |
| Return 3M | -21.27% | +33.55% |
| Return 1Y | +31.35% | +40.80% |
| Return YTD | +18.34% | +30.96% |
| Technical condition | ||
| Technical score | 30 | 61 |
| RS rating (1-99) | 63.00 | 91.00 |
| % vs 200-DMA | -8.02% | +28.11% |
| RSI (14) | 40.30 | 53.69 |
| % from 52-week high | -24.18% | -6.71% |
