Share price
₹25.59 latest close · −18.2% over the last 90 sessions
₹25.59 month-end · −24.9% over 12 months
₹25.59 month-end · −21.3% over 3 years
₹25.59 month-end · +71.7% since Jan '19
52-week range ₹23.16 to ₹36.82 · 1-year volatility 32.9%
Was the rally earned?
Mostly earnings.
- Per-share earnings took off 29 points, while the multiple moved less (P/E 7.1x to 7.4x).
- The share count barely moved.
Earnings helped, the multiple did not.
- Per-share earnings added 21 points, but investors now pay less per rupee of profit (P/E 11.9x to 7.4x), which took 42 points back.
- The share count barely moved.
Mostly yes, with a catch.
- Per-share earnings added 258 points, but investors now pay less per rupee of profit (P/E 45.4x to 7.4x), which took 217 points back.
- The share count barely moved.
What do "pts" mean?
"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.
Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.
Net profit is trailing twelve months as reported with a 60-day lag.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-62.5% (2024-01 peak to 2026-10 low, not yet recovered)
-60.7% (2019-01 peak to 2020-03 low, recovered 2020-08)
-51.9% (2022-01 peak to 2023-03 low, recovered 2023-08)
Most recent volume spikes
2026-10-22: 7.5x the 50-day median, price -0.4% that day
2026-10-19: 6.5x the 50-day median, price -4.1% that day
2026-10-16: 81.4x the 50-day median, price +4.1% that day
Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).
Is it expensive against its own past and its peers?
Usual range 0.4x to 1.1x since 2019-01.
65% below the Finance median.
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How to read this
Shaded band: 10th to 90th percentile of the company's own P/B history; dotted line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).
Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.
Where does it rank among Finance peers?
Each cell is the company's percentile rank among its Finance peers (banks and financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).
Where it ranks today
- ROE (approx.)46th▲ 17 pts vs a year ago
- EPS growth10th▼ 86 pts vs a year ago
- P/B ↓90th▲ 4 pts vs a year ago
- 12M momentum22nd▲ 3 pts vs a year ago
- FII + DII25thflat vs a year ago
Rank history
Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.
The Finance sector page Watch it move against Finance in the Observatory
What is the price implying?
At normalised P/E (five-year average earnings) of 8.2x, a holder earning 12%/yr needs earnings to grow about 5.4%/yr for 10 years, then trade at 15x.
Over time
Implied growth by month (solid) and delivered growth (dashed).
Change the assumptions
| Exit P/E / return | 11% | 12% | 13% |
|---|---|---|---|
| 12x | 6.9% | 7.8% | 8.8% |
| 15x | 4.5% | 5.4% | 6.4% |
| 20x | 1.5% | 2.4% | 3.4% |
Drag a slider to test other assumptions
Implied: 5.4%/yrLooking back
- Jan 2020Price implied −3%/yr; EPS has since grown 8%/yr (7.0 yrs)
- Jan 2021Price implied −0%/yr; EPS has since grown 19%/yr (6.0 yrs)
- Jan 2022Price implied 6%/yr; EPS has since grown 65%/yr (5.0 yrs)
Past comparisons cover only companies listed today (survivorship bias) and say nothing about future outcomes.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect. How this is calculated and the market-wide lists.
What prices imply across Finance The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹25.59
- P/E
- 7.4x
- Market Cap
- ₹1644 cr
- Revenue (TTM)
- ₹476 cr
- P/S
- 3.5x
- P/B
- 0.5x
- ROE
- 11.0%
- Debt / Equity
- 0.6x
- Promoter Holding
- 65.0%
- 12M Momentum
- -24.9%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Tax rate25%Within range
Median quarterly effective tax rate over about 2.5 years: 25.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Tap a check to see how it is measured
Cash conversion and receivable days are not meaningful for banks and NBFCs, so only the other-income and tax-rate checks are shown.
How to read this
Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.
Who has been buying and selling?
- Over 3 years, DIIs added 2.8 pts.
Holdings, Jun '26
How each group changed
Number of shareholders
Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.
What happened next to similar setups
- We found 42 past situations where a bank, NBFC or insurer looked like PTC INDIA FINANCIAL SERVICES L today on valuation, return on capital, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −7% to +68% vs the market, against 0% for all financial companies in the same months.
- The analogs' median sat above that base rate (gap +17.5%, 80% range +7.2% to +31.0%), but the matches cluster in only 6 distinct 12-month windows.
Where the 42 outcomes landed
Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 4 beyond the range shown, drawn at the edge
42 past situations · 42 companies · 29 months · 2020–2025
The closest matches
| Company | When | P/E | P/B | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| GICHSGFIN Finance |
Oct 2022 | 4x | 0.5x | −17% | −21% | +35% |
| KTKBANK Finance |
May 2021 | 5x | 0.3x | +84% | −11% | −3% |
| SAMMAANCAP Finance |
Jun 2023 | 7x | 0.4x | +30% | −21% | +3% |
| KARURVYSYA Finance |
Dec 2021 | 10x | 0.5x | 0% | −27% | +140% |
| INDOSTAR Finance |
Sep 2023 | 10x | 0.7x | +9% | −10% | +19% |
Show the other 3 matches
| Company | When | P/E | P/B | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| TFCILTD Finance |
Jun 2023 | 8x | 0.7x | +46% | −21% | +83% |
| MUTHOOTCAP Finance |
Apr 2025 | 9x | 0.7x | −15% | −32% | −29% |
| BANKINDIA Finance |
Jul 2022 | 5x | 0.3x | −36% | −36% | +56% |
How reliable is this?
Matched on P/E, P/B, ROE, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: drawdown from 12-month high, 12-month momentum and ROE. One match per company and at most 7 from any one month.
Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.
What else looks like this?
Companies with the most similar financial profile today, regardless of industry.
Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.
What changed?
30 events since Jun '22
- OctPriceFell 62% from the Jan 2024 peak to the Oct 2026 low.
- OctPriceVolume reached 81.4x its 50-day median on 2026-10-16; price +4.1% that day.
- SepResultsYear-on-year EPS growth turned negative.
- SepPeer rankSlipped to the bottom quartile of Finance on EPS growth (from the top quartile).
- SepPriceVolume reached 92.5x its 50-day median on 2026-09-28; price +2.8% that day.
- JunDebtDebt / equity fell below 1.0x (0.57x).
- JanPriceVolume reached 5.1x its 50-day median on 2026-01-21; price -6.4% that day.
- OctPriceVolume reached 154.6x its 50-day median on 2025-10-24; price +12.9% that day.
Show 22 earlier events
- JunResultsYear-on-year EPS growth turned positive.
- JunPeer rankMoved into the 3rd quartile of Finance on ROE (from the bottom quartile).
- JunPriceVolume reached 8.7x its 50-day median on 2025-06-11; price +6.6% that day.
- MarPeer rankMoved into the 3rd quartile of Finance on EPS growth (from the bottom quartile).
- JulPriceVolume reached 10.4x its 50-day median on 2024-07-12; price +6.5% that day.
- JunResultsYear-on-year EPS growth turned negative.
- JunPeer rankSlipped to the bottom quartile of Finance on EPS growth (from the 2nd quartile).
- JunDividendDividend payout cut from 37% to 0% of profit.
- JunPriceVolume reached 26.6x its 50-day median on 2024-06-19; price +3.5% that day.
- JanPriceVolume reached 5.5x its 50-day median on 2024-01-20; price +11.6% that day.
- DecPriceVolume reached 13.3x its 50-day median on 2023-12-13; price +19.6% that day.
- AugPriceRegained the 2022-01 peak, 5 months after the low.
- AugPriceVolume reached 13.4x its 50-day median on 2023-08-08; price +14.1% that day.
- JulValuationP/B crossed above the 90th percentile of its own history to date (0.6x).
- JunPeer rankSlipped to the bottom quartile of Finance on ROE (from the 3rd quartile).
- JunDividendStarted paying a dividend (payout 37% of profit).
- MayPriceVolume reached 14.1x its 50-day median on 2023-05-09; price +8.5% that day.
- MarPriceFell 52% from the Jan 2022 peak to the Mar 2023 low.
- MarValuationP/B fell below the 10th percentile of its own history to date (0.4x).
- JanPriceVolume reached 7.9x its 50-day median on 2023-01-11; price +2.2% that day.
- JulPriceVolume reached 11.7x its 50-day median on 2022-07-05; price +19.8% that day.
- JunResultsYear-on-year EPS growth turned positive.
Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.
Where price and fundamentals disagree, market-wide Rewind the whole market to any month
Monthly history95 months · 2019-01 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | Debt / Equity |
|---|---|---|---|---|
| 2026-11 | 7.4x | ₹476 cr | 11.0% | 0.6x |
| 2026-10 | 6.8x | ₹476 cr | 11.0% | 0.6x |
| 2026-09 | 8.4x | ₹476 cr | 11.0% | 0.6x |
| 2026-08 | 5.4x | ₹515 cr | 11.0% | 0.6x |
| 2026-07 | 5.6x | ₹515 cr | 11.0% | 0.6x |
| 2026-06 | 6.3x | ₹515 cr | 11.0% | 0.6x |
| 2026-05 | 5.9x | ₹549 cr | 8.0% | 1.0x |
| 2026-04 | 6.0x | ₹549 cr | 8.0% | 1.0x |
| 2026-03 | 4.6x | ₹549 cr | 8.0% | 1.0x |
| 2026-02 | 5.6x | ₹585 cr | 8.0% | 1.0x |
| 2026-01 | 6.0x | ₹585 cr | 8.0% | 1.0x |
| 2025-12 | 6.1x | ₹585 cr | 8.0% | 1.0x |
| 2025-11 | 7.1x | ₹616 cr | 8.0% | 1.0x |
| 2025-10 | 7.5x | ₹616 cr | 8.0% | 1.0x |
| 2025-09 | 7.3x | ₹616 cr | 8.0% | 1.0x |
| 2025-08 | 11.2x | ₹635 cr | 8.0% | 1.0x |
| 2025-07 | 12.3x | ₹635 cr | 8.0% | 1.0x |
| 2025-06 | 12.5x | ₹635 cr | 8.0% | 1.0x |
| 2025-05 | 13.7x | ₹658 cr | 6.0% | 1.5x |
| 2025-04 | 11.8x | ₹658 cr | 6.0% | 1.5x |
| 2025-03 | 11.6x | ₹658 cr | 6.0% | 1.5x |
| 2025-02 | 12.9x | ₹704 cr | 6.0% | 1.5x |
| 2025-01 | 15.6x | ₹704 cr | 6.0% | 1.5x |
| 2024-12 | 17.7x | ₹704 cr | 6.0% | 1.5x |
| 2024-11 | 16.7x | ₹731 cr | 6.0% | 1.5x |
| 2024-10 | 16.7x | ₹731 cr | 6.0% | 1.5x |
| 2024-09 | 19.0x | ₹731 cr | 6.0% | 1.5x |
| 2024-08 | 23.1x | ₹761 cr | 6.0% | 1.5x |
| 2024-07 | 22.9x | ₹761 cr | 6.0% | 1.5x |
| 2024-06 | 17.8x | ₹761 cr | 6.0% | 1.5x |
| 2024-05 | 14.1x | ₹797 cr | 7.0% | 2.1x |
| 2024-04 | 15.7x | ₹797 cr | 7.0% | 2.1x |
| 2024-03 | 14.6x | ₹797 cr | 7.0% | 2.1x |
| 2024-02 | 16.3x | ₹797 cr | 7.0% | 2.1x |
| 2024-01 | 22.7x | ₹797 cr | 7.0% | 2.1x |
| 2023-12 | 15.3x | ₹797 cr | 7.0% | 2.1x |
| 2023-11 | 11.9x | ₹797 cr | 7.0% | 2.1x |
| 2023-10 | 10.4x | ₹797 cr | 7.0% | 2.1x |
| 2023-09 | 10.7x | ₹797 cr | 7.0% | 2.1x |
| 2023-08 | 10.1x | ₹797 cr | 7.0% | 2.1x |
| 2023-07 | 8.6x | ₹797 cr | 7.0% | 2.1x |
| 2023-06 | 7.3x | ₹797 cr | 7.0% | 2.1x |
| 2023-05 | 7.9x | ₹968 cr | 6.0% | 3.1x |
| 2023-04 | 7.2x | ₹968 cr | 6.0% | 3.1x |
| 2023-03 | 6.3x | ₹968 cr | 6.0% | 3.1x |
| 2023-02 | 7.4x | ₹968 cr | 6.0% | 3.1x |
| 2023-01 | 8.3x | ₹968 cr | 6.0% | 3.1x |
| 2022-12 | 7.9x | ₹968 cr | 6.0% | 3.1x |
| 2022-11 | 8.6x | ₹968 cr | 6.0% | 3.1x |
| 2022-10 | 6.9x | ₹968 cr | 6.0% | 3.1x |
| 2022-09 | 7.1x | ₹968 cr | 6.0% | 3.1x |
| 2022-08 | 7.5x | ₹968 cr | 6.0% | 3.1x |
| 2022-07 | 7.5x | ₹968 cr | 6.0% | 3.1x |
| 2022-06 | 6.8x | ₹968 cr | 6.0% | 3.1x |
| 2022-05 | 39.1x | ₹1139 cr | 1.0% | 4.3x |
| 2022-04 | 42.0x | ₹1139 cr | 1.0% | 4.3x |
| 2022-03 | 39.0x | ₹1139 cr | 1.0% | 4.3x |
| 2022-02 | 40.4x | ₹1139 cr | 1.0% | 4.3x |
| 2022-01 | 47.5x | ₹1139 cr | 1.0% | 4.3x |
| 2021-12 | 49.0x | ₹1139 cr | 1.0% | 4.3x |
| 2021-11 | 45.4x | ₹1139 cr | 1.0% | 4.3x |
| 2021-10 | 48.4x | ₹1139 cr | 1.0% | 4.3x |
| 2021-09 | 50.8x | ₹1139 cr | 1.0% | 4.3x |
| 2021-08 | 45.3x | ₹1139 cr | 1.0% | 4.3x |
| 2021-07 | 51.1x | ₹1139 cr | 1.0% | 4.3x |
| 2021-06 | 50.9x | ₹1139 cr | 1.0% | 4.3x |
| 2021-05 | 10.9x | ₹1364 cr | 5.0% | 4.4x |
| 2021-04 | 9.9x | ₹1364 cr | 5.0% | 4.4x |
| 2021-03 | 10.6x | ₹1364 cr | 5.0% | 4.4x |
| 2021-02 | 11.2x | ₹1364 cr | 5.0% | 4.4x |
| 2021-01 | 10.6x | ₹1364 cr | 5.0% | 4.4x |
| 2020-12 | 11.6x | ₹1364 cr | 5.0% | 4.4x |
| 2020-11 | 10.6x | ₹1364 cr | 5.0% | 4.4x |
| 2020-10 | 10.6x | ₹1364 cr | 5.0% | 4.4x |
| 2020-09 | 10.5x | ₹1364 cr | 5.0% | 4.4x |
| 2020-08 | 10.1x | ₹1364 cr | 5.0% | 4.4x |
| 2020-07 | 10.3x | ₹1364 cr | 5.0% | 4.4x |
| 2020-06 | 7.3x | ₹1364 cr | 5.0% | 4.4x |
| 2020-05 | 3.0x | ₹1336 cr | 9.0% | 5.3x |
| 2020-04 | 3.3x | ₹1336 cr | 9.0% | 5.3x |
| 2020-03 | 2.8x | ₹1336 cr | 9.0% | 5.3x |
| 2020-02 | 4.4x | ₹1336 cr | 9.0% | 5.3x |
| 2020-01 | 5.1x | ₹1336 cr | 9.0% | 5.3x |
| 2019-12 | 4.7x | ₹1336 cr | 9.0% | 5.3x |
| 2019-11 | 4.7x | ₹1336 cr | 9.0% | 5.3x |
| 2019-10 | 4.7x | ₹1336 cr | 9.0% | 5.3x |
| 2019-09 | 4.4x | ₹1336 cr | 9.0% | 5.3x |
| 2019-08 | 4.3x | ₹1336 cr | 9.0% | 5.3x |
| 2019-07 | 4.7x | ₹1336 cr | 9.0% | 5.3x |
| 2019-06 | 5.4x | ₹1336 cr | 9.0% | 5.3x |
| 2019-05 | — | ₹1185 cr | -5.0% | 5.3x |
| 2019-04 | — | ₹1185 cr | -5.0% | 5.3x |
| 2019-03 | — | ₹1185 cr | -5.0% | 5.3x |
| 2019-02 | — | ₹1185 cr | -5.0% | 5.3x |
| 2019-01 | — | ₹1185 cr | -5.0% | 5.3x |