Aerolloy Technologies, Safran Sign MoU for Joint Production of Military Aircraft Engine Components

Mumbai, June 25, 2025: PTC Industries has announced that its wholly owned subsidiary, Aerolloy Technologies, has signed a strategic Memorandum of Understanding (MoU) with French aerospace major Safran Aircraft Engines. This MoU signifies a significant expansion of their existing collaboration, extending into the crucial defence sector for the joint production of military aircraft engine components and materials.

This MoU strengthens the ongoing partnership between the two firms. Aerolloy and Safran are already collaborating in the production of commercial LEAP engine parts, and the new agreement now extends this alliance into the defence sector. The move is being viewed as a significant milestone in India’s quest for self-reliance in defence manufacturing, especially under the government’s “Make in India” initiative.

Strategic Implications and Industry Impact

Safran, a global leader in both civilian and military engine systems, brings its vast expertise to the collaboration. Aerolloy Technologies, specialising in advanced aerospace castings and materials, is poised to leverage this partnership to create a new industrial blueprint for military engine manufacturing within India.

“This MoU with Safran is a milestone in enhancing indigenous capabilities in military engine manufacturing,” said Sachin Agarwal, Chairman and Managing Director of PTC Industries. He added that the partnership encourages aerospace innovation and deeper industrial collaboration.

Financial Performance

PTC Industries recently reported robust financial results for Q4FY25:

• Net profit surged 233% year-on-year (YoY) to ₹15.08 crore (compared to ₹4.53 crore in Q4FY24).
• Revenue stood at ₹67.55 crore, a slight decrease of 3.83% YoY.
• EBITDA jumped 90% to ₹25.75 crore from ₹13.54 crore in the previous year.

Share Price Effect

As of 11:00 AM, the company’s stock was trading at ₹14,481.00, down by 1.81%, or ₹267.00 from the last close. It remains to be seen at what price the shares close at the end of today’s market session.

Next Steps For PTC Industries 

PTC Industries’ subsidiary Aerolloy Technologies has signed an MoU with France’s Safran Aircraft Engines to manufacture military aircraft engine components in India jointly. This deepens their existing partnership from commercial LEAP engine parts to the defence sector. The move supports India’s ‘Make in India’ push for defence self-reliance. It also marks a significant step in strengthening indigenous aerospace manufacturing capabilities. Investors will closely monitor the stock prices and place bids accordingly.

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