Aerolloy Technologies signs long-term agreement with Honeywell Aerospace Technologies for Titanium & Superalloy Castings

PTC Industries Limited, through its wholly owned subsidiary Aerolloy Technologies Limited (ATL), announced the signing of a long-term agreement with Honeywell Aerospace Technologies for the supply of Titanium and Superalloy precision investment castings for a broad range of aerospace applications, including critical aerospace engine components.

An Integrated Manufacturing Route

Under this long-term agreement, Aerolloy will produce high-integrity Titanium and Superalloy castings using a vertically integrated process chain, starting from the manufacture of Titanium and Superalloy materials and extending through alloy melting, material processing, and precision investment casting - all within a single, fully integrated facility at the Strategic Manufacturing Technology Centre in Uttar Pradesh.

This level of vertical integration provides Honeywell with:

- traceability and quality control,
- Supply chain resilience,
- Long-term reliability for aerospace programs,
- Reduced supply chain risk.

Mr. Sachin Agarwal, Chairman & Managing Director, PTC Industries, said: "This long-term agreement with Honeywell Aerospace Technologies marks a defining milestone for PTC and Aerolloy. It validates our strategy of building a world-class, end-to-end manufacturing ecosystem for advanced Titanium and Superalloy components.

This collaboration reaffirms our capability to deliver high quality aerospace products, and it strengthens India's position in the global aerospace supply chain."

Strategic Significance

This long-term agreement:

- Strengthens India's position with a Titanium and Superalloy production-to-casting capability.

- Demonstrates India's readiness to supply complex, high-value aerospace components to global OEMs.

- Enhances PTC and Aerolloy's reputation as suppliers for next-generation aerospace platforms.

- Provides multi-year revenue visibility.

Shares of PTC Industries Ltd was last trading in BSE at Rs. 18851.85 as compared to the previous close of Rs. 18256.25. The total number of shares traded during the day was 1688 in over 484 trades.

The stock hit an intraday high of Rs. 18911.00 and intraday low of 18108.05. The net turnover during the day was Rs. 31630350.00.

Source : Equity Bulls

Keywords

PTCIndustries INE596F01018 AerolloyTechnologies LongTermAgreement HoneywellAerospaceTechnologies