PTC Industries：收購 Trac 使公司成為航空航太和國防製造領域的綜合解決方案提供商

PTC Industries 是 Mukul Agrawal 投資組合中的重要組成部分，過去六個月一直處於整合階段

PTC Industries, a company in Mukul Agrawal investment portfolio, has been in a consolidation phase for the past six months, yet it has managed to deliver a robust 75% increase year-to-date (YTD). The stock has shown signs of stabilization around the ₹11,000 mark, hinting at a potential bottoming out.

PTC Industries 是 Mukul Agrawal 投資組合中的一家公司，過去六個月一直處於整合階段，但今年迄今 (YTD) 實現了 75% 的強勁成長。該股已顯示出在 11,000 盧比大關附近穩定的跡象，暗示有可能觸底反彈。

This development has prompted market analysts, such as ICICI Securities, to take note. The brokerage has issued a ‘buy’ recommendation for PTC Industries, setting a long-term target price at an ambitious ₹20,070 per share.

這一事態發展引起了 ICICI 證券等市場分析師的關注。該券商已對 PTC Industries 發出“買入”建議，並將長期目標價格定為每股 20,070 盧比的雄心勃勃的價格。

In their analysis, ICICI Securities highlights the strategic importance of PTC Industries' recent acquisition of Trac Precision Solutions Ltd. The move is seen as a crucial step in enhancing the company's domestic manufacturing capabilities, particularly in the production of complex components for aero engines, industrial gas turbines, and defense systems.

ICICI 證券在分析中強調了 PTC Industries 最近收購 Trac Precision Solutions Ltd 的戰略重要性。和防禦系統。

Trac, renowned for its high-value components for major OEMs like Rolls Royce and Safran, reported a revenue of GBP 24.8 million in CY23. The financial benefits of this acquisition are expected to be fully realized in PTC Industries' FY26 financials.

Trac 因其為勞斯萊斯和賽峰等主要原始設備製造商提供高價值零件而聞名，其 2023 年收入為 2,480 萬英鎊。此次收購的財務效益預計將在 PTC Industries 的 2026 財年財務報表中充分體現。

ICICI Securities further elaborates on the synergy between PTC Industries and Trac, stating that the acquisition enhances PTC's ability to control the entire manufacturing process, from alloy development to the production of precision-engineered parts. This move not only complements PTC existing skills in titanium and superalloy castings but also addresses a crucial gap in India engine manufacturing landscape, potentially fueling the indigenisation drive and tapping into the burgeoning MRO sector.

ICICI 證券進一步闡述了 PTC Industries 和 Trac 之間的協同效應，表示此次收購增強了 PTC 控制從合金開發到精密工程零件生產的整個製造流程的能力。此舉不僅補充了 PTC 在鈦和高溫合金鑄件方面的現有技能，而且還彌補了印度發動機製造領域的關鍵差距，有可能推動本土化進程並進軍新興的 MRO 行業。

For investors, ICICI Securities advises, “With this strategic acquisition, PTC Industries is not just expanding its technological prowess but also its market reach. We maintain our BUY recommendation with an unchanged target price of ₹20,070, based on our DCF model.”

對於投資者，ICICI 證券建議：「透過此次策略收購，PTC Industries 不僅擴大了其技術實力，還擴大了其市場覆蓋範圍。根據我們的 DCF 模型，我們維持買入建議，目標價格不變，仍為 20,070 盧比。

The latest shareholding pattern for July-September 2024 reveals that Mukul Agrawal holds 1.60 lakh shares in PTC Industries, accounting for 1.07% of the company total paid-up capital, signaling strong investor confidence.

2024年7月至9月的最新持股格局顯示，Mukul Agrawal持有PTC Industries 16萬股，佔該公司總實收資本的1.07%，顯示投資人信心強勁。

This acquisition is seen as a catalyst for PTC Industries, potentially transforming it into a more formidable player in the global aerospace and defense manufacturing arena. Investors are watching closely as this development could mark a significant turning point for the company stock performance.

此次收購被視為 PTC Industries 的催化劑，有可能將其轉變為全球航空航太和國防製造領域更強大的參與者。投資者正在密切關注，因為這一事態發展可能標誌著該公司股票表現的重大轉折點。