PTC Industries shares soar over 7%; Here is why

Shares of PTC Industries jumped over 7% in early morning trade as the company announced significant development about its group company, Trac Precision Solutions.

The exchange filing read, “Trac Precision Solutions (Trac), part of the PTC Industries Group, today announced its partnership with Coolbrook, a transformational technology and engineering company, to supply critical machined and cast components for its RotoDynamic Heater (RDH) - a breakthrough technology designed to electrify high-temperature industrial heating processes, significantly reducing global CO₂ emissions.

Coolbrook’s RDH Technology is capable of reaching temperatures up to 1700°C, making it uniquely suited to decarbonise traditionally hard-to-abate sectors such as steel, cement, petrochemicals, and chemicals.

This partnership marks a strategic diversification for Trac, positioning the company at the cutting edge of the clean energy transition, while unlocking significant long-term growth opportunities.

At full production, the initial award covers two milled blades and four cast vanes/blades - totalling 27,000 parts annually across 100 engine sets. Revenues from this partnership are expected to grow in line with Coolbrook’s customer sales and are anticipated to reach in excess of ten million pounds annually. A second phase, covering three additional milled components, will be awarded in the near future, further strengthening the collaboration”

In the latest quarterly results, the company’s net sales more than doubled to ₹97 crore in Q1FY26 from ₹46 crore in Q1FY25. However, the company’s operating profit or EBITDA dropped by 10% YoY to ₹8.7 crore. Lastly, its net profit grew by 5% YoY to ₹ crore.

Commenting on the development, Sachin Agarwal, Chairman & Managing Director of PTC Industries, said, “Trac’s selection by Coolbrook as their key manufacturing partner is a testament to the trust placed in our group’s capabilities. This partnership aligns perfectly with our strategic vision of building a diversified, future-ready business that contributes not only to aerospace and defence but also to the urgent global challenge of decarbonisation.

Following the announcement, shares of PTC Industries jumped over 7% to hit an intraday high of ₹17,149 apiece on the NSE. On a YTD basis, shares are trading 22% higher in 2025, outperforming the broader market sentiments.