Mukul Agrawal Hold 1.07% Stake: PTC Industries Receives Purchase Order from GTRE for Single Crystal ‘Ready-to-Fit’ Turbine Blades
DSIJ Intelligence-1 / 23 Oct 2025/ Categories: Multibaggers, Trending
An ace investor, Mukul Agrawal, owns 1,60,000 shares or a 1.07 per cent stake as of September 2025.
PTC Industries Limited, a prominent Indian manufacturer of high-performance materials and precision components for Aerospace and Defence, has been awarded a crucial Purchase Order from the Gas Turbine Research Establishment (GTRE), a part of DRDO. The order is for Post-Cast Operations to manufacture Single Crystal ‘Ready-to-Fit’ Turbine Blades. This announcement was made during the Lokarpan Ceremony for PTC's new Titanium & Superalloys Materials Plant at its Strategic Materials Technology Complex (SMTC) in Lucknow, attended by Honourable Raksha Mantri Shri Rajnath Singh and Honourable Chief Minister of Uttar Pradesh Shri Yogi Adityanath.
This order signifies a historic milestone as PTC is the first Indian company entrusted with the full range of post-cast operations for Single Crystal ‘Ready-to-Fit’ Turbine Blades, a complex capability held by only a few global entities. The work encompasses advanced processes like machining, brazing, vacuum heat treatment and specialised coatings such as thermal barrier and powder vapour deposition. This contract deepens the strategic collaboration between GTRE and PTC, strongly endorsing the Indian Government’s Aatmanirbhar Bharat vision for indigenisation and self-Reliance in critical aerospace technology.
The execution of the order will leverage the combined capabilities of PTC’s advanced manufacturing infrastructure in India and the end-to-end process expertise of its UK-based subsidiary, Trac Precision Solutions, ensuring the seamless delivery of the mission-critical components. As a trusted partner to Indian defence and aerospace organisations, including HAL, DRDO and BrahMos and an exporter to global OEMs like Safran and BAE Systems, this Single Crystal Blade contract reaffirms India's substantial progress toward achieving full indigenous capability in advanced materials and propulsion systems, which is vital for designing and developing its own aero-engines.
About the Company
PTC Industries Limited is a leading Indian manufacturer of precision metal components for critical applications for over 60 years. Through its wholly owned subsidiary Aerolloy Technologies Limited, the company is manufacturing and supplying Titanium and Superalloy castings for Aerospace and Defence applications within India as well as for exports. The company is substantially expanding its capability by making a multi-million-dollar investment in a new state-of-the-art manufacturing facility at its 50-acre land in the Lucknow node of the Uttar Pradesh Defence Industrial Corridor. This facility will house a fully vertically integrated plant with a Titanium and Superalloy Mill, producing aerospace-grade ingots, billets, bars, plates and sheets in critical and strategic materials.
An Ace Investor, Mukul Agrawal, owns 1,60,000 shares or a 1.07 per cent stake as of September 2025. The stock gave multibagger returns of 545 per cent in 3 years and a whopping 5,000 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.