Saugat, Xyz and pts formats basically use the same format reader so that's fine. it sounds like its possible that if you're not getting any feedback from the partio emitter at all, that you may not have the emitter hooked up to any particle objects.
To use the partio emitter you need to create a partio emitter and a particle, Or n particle object.
Then connect the partio emitter to the particle or nparticle object using the maya dynamic relationships editor. When connected it should create an extra attribute on the Per particle attributes called. PartioID. Make sure that you set the start frame on the particle system to be something you would expect and that matches your particle caches. After doing these steps you should at least get some partio feedback after you plug in your cache to the partio emitter file path.
Let me know. I can set you up an example file that should work for you if need be.
Johnc
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