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 ₹ 3,565 Cr.
- Current Price ₹ 946
- High / Low ₹ 1,512 / 796
- Stock P/E 33.4
- Book Value ₹ 235
- Dividend Yield 0.16 %
- ROCE 16.0 %
- ROE 16.4 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 44.3% 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
Sector: Capital Goods-Non Electrical Equipment Industry: Engineering
Part of BSE Allcap BSE SmallCap 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 | |
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245 | 335 | 308 | 283 | 379 | 622 | 525 | 518 | 954 | 1,100 | 1,202 | 1,525 | |
212 | 295 | 289 | 250 | 323 | 530 | 447 | 439 | 821 | 948 | 1,023 | 1,278 | |
Operating Profit | 33 | 41 | 19 | 34 | 55 | 92 | 78 | 80 | 133 | 152 | 179 | 247 |
OPM % | 13% | 12% | 6% | 12% | 15% | 15% | 15% | 15% | 14% | 14% | 15% | 16% |
2 | 2 | 2 | 3 | 2 | 1 | 4 | 19 | 16 | 17 | 47 | 38 | |
Interest | 19 | 11 | 17 | 15 | 23 | 30 | 34 | 30 | 40 | 45 | 50 | 68 |
Depreciation | 9 | 16 | 15 | 16 | 18 | 22 | 27 | 30 | 39 | 45 | 54 | 77 |
Profit before tax | 7 | 15 | -11 | 5 | 16 | 40 | 20 | 39 | 71 | 80 | 122 | 140 |
Tax % | 38% | 38% | -16% | 16% | 31% | 41% | 14% | 25% | 26% | 26% | 26% | 24% |
4 | 9 | -10 | 4 | 11 | 24 | 17 | 29 | 52 | 59 | 90 | 107 | |
EPS in Rs | 1.56 | 3.46 | -3.54 | 1.60 | 3.78 | 7.95 | 5.34 | 8.98 | 16.19 | 18.36 | 28.14 | 28.37 |
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: | 27% |
Compounded Profit Growth | |
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10 Years: | 28% |
5 Years: | 44% |
3 Years: | 27% |
TTM: | 18% |
Stock Price CAGR | |
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10 Years: | 31% |
5 Years: | 107% |
3 Years: | 46% |
1 Year: | 8% |
Return on Equity | |
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10 Years: | 15% |
5 Years: | 19% |
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 | 400 | 865 |
121 | 143 | 174 | 181 | 256 | 247 | 245 | 317 | 393 | 356 | 616 | 687 | |
76 | 107 | 81 | 117 | 139 | 161 | 143 | 148 | 280 | 287 | 298 | 383 | |
Total Liabilities | 309 | 368 | 362 | 410 | 549 | 584 | 596 | 701 | 956 | 978 | 1,330 | 1,954 |
87 | 87 | 76 | 94 | 201 | 227 | 247 | 285 | 327 | 364 | 422 | 793 | |
CWIP | 6 | 10 | 12 | 31 | 9 | 5 | 8 | 1 | 1 | 24 | 118 | 61 |
Investments | 4 | 16 | 16 | 17 | 17 | 16 | 16 | 16 | 16 | 15 | 15 | 258 |
211 | 255 | 258 | 268 | 321 | 336 | 324 | 399 | 613 | 574 | 774 | 843 | |
Total Assets | 309 | 368 | 362 | 410 | 549 | 584 | 596 | 701 | 956 | 978 | 1,330 | 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 | 74 | 261 | |
-17 | -20 | -7 | -56 | -113 | -46 | -46 | -66 | -93 | -104 | -236 | -558 | |
-14 | -20 | 14 | -20 | 86 | -26 | -21 | 28 | 12 | -87 | 198 | 286 | |
Net Cash Flow | 3 | 6 | -0 | -4 | 1 | -2 | 3 | -4 | 7 | 32 | 36 | -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 | 64 | 55 |
Inventory Days | 231 | 173 | 211 | 262 | 191 | 85 | 134 | 171 | 147 | 112 | 122 | 126 |
Days Payable | 136 | 139 | 120 | 219 | 160 | 88 | 102 | 115 | 119 | 117 | 103 | 128 |
Cash Conversion Cycle | 192 | 146 | 224 | 159 | 163 | 104 | 128 | 178 | 106 | 55 | 83 | 53 |
Working Capital Days | 190 | 141 | 183 | 141 | 152 | 99 | 121 | 176 | 111 | 68 | 97 | 79 |
ROCE % | 11% | 11% | 2% | 7% | 12% | 17% | 12% | 14% | 18% | 18% | 20% | 16% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
2d - Q4 FY25 revenue INR1743 Cr (+35%), EBITDA INR271 Cr (+50%), capex completed, 15% revenue growth guidance for FY26.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
23 Apr - Audio recording of Q4 and FY25 financial results conference call available online.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
23 Apr - Annual Secretarial Compliance Report for FY ended 31 Mar 2025 confirming regulatory adherence.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 23 Apr
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
22 Apr - Confirms non-applicability of SEBI large corporate disclosure; ₹191 Cr borrowings, IND AA- rating.
Annual reports
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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
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Financial Year 2013
from bse
Concalls
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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]