PTC Industries：收购 Trac 使公司成为航空航天和国防制造领域的综合解决方案提供商

PTC Industries 是 Mukul Agrawal 投资组合中的重要组成部分，过去六个月一直处于整合阶段

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 投资组合中的一家公司，过去六个月一直处于整合阶段，但今年迄今 (YTD) 实现了 75% 的强劲增长。该股已显示出在 11,000 卢比大关附近企稳的迹象，暗示有可能触底反弹。

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.

这一事态发展引起了 ICICI 证券等市场分析师的关注。该券商已对 PTC Industries 发出“买入”建议，并将长期目标价格定为每股 20,070 卢比的雄心勃勃的价格。

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 证券在分析中强调了 PTC Industries 最近收购 Trac Precision Solutions Ltd 的战略重要性。此举被视为增强该公司国内制造能力的关键一步，特别是在生产航空发动机、工业用复杂零部件方面。燃气轮机和防御系统。

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 因其为劳斯莱斯和赛峰等主要原始设备制造商提供高价值零部件而闻名，其 2023 年收入为 2,480 万英镑。此次收购的财务效益预计将在 PTC Industries 的 2026 财年财务报表中得到充分体现。

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 证券进一步阐述了 PTC Industries 和 Trac 之间的协同效应，表示此次收购增强了 PTC 控制从合金开发到精密工程零件生产的整个制造流程的能力。此举不仅补充了 PTC 在钛和高温合金铸件方面的现有技能，而且还弥补了印度发动机制造领域的一个关键差距，有可能推动本土化进程并进军新兴的 MRO 行业。

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.”

对于投资者，ICICI 证券建议：“通过此次战略收购，PTC Industries 不仅扩大了其技术实力，还扩大了其市场覆盖范围。根据我们的 DCF 模型，我们维持买入建议，目标价格不变，仍为 20,070 卢比。”

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月的最新持股格局显示，Mukul Agrawal持有PTC Industries 16万股，占该公司总实收资本的1.07%，表明投资者信心强劲。

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.

此次收购被视为 PTC Industries 的催化剂，有可能将其转变为全球航空航天和国防制造领域更强大的参与者。投资者正在密切关注，因为这一事态发展可能标志着该公司股票表现的重大转折点。