Pitti Engineering Ltd
Pitti Engg. is engaged in the manufacturing of Electrical Steel Laminations, Motor Cores, Sub-Assemblies, Die-Cast Rotors, Press Tools and machining of metal components.
- Market Cap ₹ 3,470 Cr.
- Current Price ₹ 920
- High / Low ₹ 1,512 / 835
- Stock P/E 32.8
- Book Value ₹ 235
- Dividend Yield 0.16 %
- ROCE 15.7 %
- ROE 15.9 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 44.6% CAGR over last 5 years
Cons
- Promoter holding has decreased over last 3 years: -5.10%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
245 | 335 | 308 | 283 | 379 | 622 | 525 | 518 | 954 | 1,100 | 1,244 | 1,525 | 1,547 | |
212 | 295 | 289 | 250 | 323 | 530 | 447 | 439 | 821 | 948 | 1,062 | 1,276 | 1,289 | |
Operating Profit | 33 | 41 | 19 | 34 | 55 | 92 | 78 | 80 | 133 | 152 | 183 | 248 | 258 |
OPM % | 13% | 12% | 6% | 12% | 15% | 15% | 15% | 15% | 14% | 14% | 15% | 16% | 17% |
2 | 2 | 2 | 3 | 2 | 1 | 4 | 19 | 16 | 17 | 47 | 37 | 41 | |
Interest | 19 | 11 | 17 | 15 | 23 | 30 | 34 | 30 | 40 | 45 | 51 | 68 | 71 |
Depreciation | 9 | 16 | 15 | 16 | 18 | 22 | 27 | 30 | 39 | 45 | 59 | 77 | 85 |
Profit before tax | 7 | 15 | -11 | 5 | 16 | 40 | 20 | 39 | 71 | 80 | 119 | 140 | 144 |
Tax % | 38% | 38% | -16% | 16% | 31% | 41% | 14% | 25% | 26% | 26% | 25% | 24% | |
4 | 9 | -10 | 4 | 11 | 24 | 17 | 29 | 52 | 59 | 90 | 107 | 106 | |
EPS in Rs | 1.56 | 3.46 | -3.54 | 1.60 | 3.78 | 7.95 | 5.34 | 8.98 | 16.19 | 18.36 | 27.99 | 28.37 | 28.68 |
Dividend Payout % | 32% | 29% | 0% | 0% | 0% | 0% | 0% | 0% | 13% | 15% | 5% | 5% |
Compounded Sales Growth | |
---|---|
10 Years: | 16% |
5 Years: | 24% |
3 Years: | 17% |
TTM: | 19% |
Compounded Profit Growth | |
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10 Years: | 28% |
5 Years: | 45% |
3 Years: | 28% |
TTM: | 4% |
Stock Price CAGR | |
---|---|
10 Years: | 31% |
5 Years: | 97% |
3 Years: | 41% |
1 Year: | -29% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 18% |
3 Years: | 19% |
Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 14 | 15 | 15 | 16 | 16 | 16 | 16 | 16 | 19 |
Reserves | 98 | 104 | 93 | 99 | 140 | 161 | 192 | 220 | 268 | 318 | 457 | 865 |
121 | 143 | 174 | 181 | 256 | 247 | 245 | 317 | 393 | 356 | 628 | 687 | |
76 | 107 | 81 | 117 | 139 | 161 | 143 | 148 | 280 | 287 | 290 | 383 | |
Total Liabilities | 309 | 368 | 362 | 410 | 549 | 584 | 596 | 701 | 956 | 978 | 1,391 | 1,954 |
87 | 87 | 76 | 94 | 201 | 227 | 247 | 285 | 327 | 364 | 465 | 793 | |
CWIP | 6 | 10 | 12 | 31 | 9 | 5 | 8 | 1 | 1 | 24 | 122 | 61 |
Investments | 4 | 16 | 16 | 17 | 17 | 16 | 16 | 16 | 16 | 15 | 0 | 258 |
211 | 255 | 258 | 268 | 321 | 336 | 324 | 399 | 613 | 574 | 804 | 843 | |
Total Assets | 309 | 368 | 362 | 410 | 549 | 584 | 596 | 701 | 956 | 978 | 1,391 | 1,954 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
34 | 45 | -7 | 73 | 28 | 71 | 69 | 34 | 88 | 223 | 80 | 261 | |
-17 | -20 | -7 | -56 | -113 | -46 | -46 | -66 | -93 | -104 | -247 | -558 | |
-14 | -20 | 14 | -20 | 86 | -26 | -21 | 28 | 12 | -87 | 203 | 286 | |
Net Cash Flow | 3 | 6 | -0 | -4 | 1 | -2 | 3 | -4 | 7 | 32 | 37 | -10 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 96 | 112 | 133 | 116 | 132 | 107 | 97 | 121 | 78 | 60 | 63 | 55 |
Inventory Days | 231 | 173 | 211 | 262 | 191 | 85 | 134 | 171 | 147 | 112 | 136 | 126 |
Days Payable | 136 | 139 | 120 | 219 | 160 | 88 | 102 | 115 | 119 | 117 | 113 | 128 |
Cash Conversion Cycle | 192 | 146 | 224 | 159 | 163 | 104 | 128 | 178 | 106 | 55 | 86 | 53 |
Working Capital Days | 50 | 22 | 16 | 1 | 10 | 10 | 10 | 24 | 23 | 9 | 16 | 2 |
ROCE % | 11% | 11% | 2% | 7% | 12% | 17% | 12% | 14% | 18% | 18% | 19% | 16% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Sep
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Weblink Letter To Members - As Per Regulation 36(1)(B) Of SEBI (LODR) Regulations, 2015
2 Sep - AGM on 26 September 2025 at 2:30 PM IST; web-link to FY2024-25 Annual Report provided.
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Re-Lodgement Of Transfer Requests Of Physical Shares
2 Sep - Pitti Engineering re-lodgement report of physical share transfer requests as of 31 Aug 2025 per SEBI circular.
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Business Responsibility and Sustainability Reporting (BRSR)
1 Sep - Filed Business Responsibility & Sustainability Report for FY2024-25; includes NCLT-approved amalgamation (3 Oct 2024).
- Notice Of 41St Annual General Meeting 1 Sep
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2023
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
Concalls
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Aug 2025Transcript PPT
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Aug 2025TranscriptNotesPPT
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Apr 2025Transcript PPT REC
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Aug 2024TranscriptPPT
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May 2024Transcript PPT
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Mar 2024TranscriptPPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Aug 2023TranscriptNotesPPT
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Jun 2023Transcript PPT
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May 2023TranscriptNotesPPT
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Feb 2023Transcript PPT
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Feb 2023TranscriptNotesPPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022TranscriptPPT
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Feb 2022Transcript PPT
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Nov 2021Transcript PPT
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Aug 2021TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Dec 2017TranscriptNotesPPT
Market Leadership
The company is India's largest manufacturer and exporter of electrical laminations and a leading supplier of complicated sub-assemblies for motors and generators. [1]