PTC India Stock

The Concept of PTC
India is the third largest producer of electricity in Asia with an installed capacity that has increased from 1362 MW in 1947 to about 169749 MW as on 31st December 2010. However, alongside this growth story is the large scale shortages in meeting peak (10.5%) as of 31st December 2010 as well as energy shortage (8.2%) as of December 2010. In spite of the overall shortage, the inherent diversity in demand of various States and Regions in the country results in periods of seasonal surplus in one State or region coinciding with periods of deficit in another.

This coexistence of overall shortages with complementary geographical and temporal surplus-deficits provides substantial opportunities to improve the economic efficiency and reliable supply through trading of power both within as well as across Regions.

PTC India is in the Trading sector. The current market capitalisation stands at Rs 1,583.64 crore.The company has reported a standalone sales of Rs 2198.74 crore and a Net Profit of Rs 37.05 crore for the quarter ended Mar 2013.The company`s standalone trailing 12-month (TTM) EPS was at Rs 4.50 per share as per the quarter ended Mar 2013.The stock`s price-to-earnings (P/E) ratio is 11.89.The latest book value of the company is Rs 78.57 per share.

PTC India Ltd. (formerly known as Power Trading Corporation of India Limited), was incorporated in 1999 to undertake trading of power to achieve economic efficiency and security of supply and to develop a vibrant power market in the country. Therefore, PTC has a tri-fold mandate:

a. To optimally utilize the existing resources to develop a full fledged efficient and competitive power market

b. To attract private investment in the Indian power sector

c. To encourage trade of power with neighboring countries

The pioneering service of the Company led to recognition of “Power Trading” as a distinct licensed activity in the Electricity Act 2003. PTC holds Category I license from Central Electricity Regulatory Commission (CERC), the highest category with permission to trade unlimited volumes. PTC has maintained the largest market share since inception and is No. 1 in last 10 years of operations with its innovative products and services.

PTC would continue to play a frontrunner's role towards development of a vibrant power market in India and the South Asian Region and shall strive to add value to its customers' operations through providing holistic services that serve the evolving needs of the sector.

VISION

To be a frontrunner in power trading by developing a vibrant power market and striving to correct market distortions

MISSION

# Promote Power Trading to optimally utilize the existing resources
# Develop power market for market based investments into the Indian Power Sector
# Incentivize development of Power Projects by providing services on a holistic basis
# Promote exchange of power with neighbouring countries

CORE VALUES

# Transparency
# The Customer is Always Right
# Encouraging Individual Initiative
# Continuous Learning
# Teamwork

The company management includes

Deepak Amitabh	- Chairman & Managing Director,
Rita Acharya	- Director,
M K Goel	- Director,
S Balachandran	- Director,
Hemant Bhargava	- Executive Director,
Ved Jain	- Director,
Anil Razdan	- Director,
Dhirendra Swarup	- Director,
I J Kapoor	- Director,
Ravi P Singh	- Director,
Deepak Chatterjee	- Director,
M S Babu	- Executive Director.

It is listed on the BSE with a BSE Code of 532524 and the NSE with an NSE Code of PTC.

Its Registered office is at 2nd Floor, NBCC Towers,,15 Bhikaji Cama Place New Delhi, 

Delhi - 110066.

Their Registrars are M C S Ltd.