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 ₹ 3,757 Cr.
- Current Price ₹ 998
- High / Low ₹ 1,512 / 796
- Stock P/E 32.0
- Book Value ₹ 231
- Dividend Yield 0.15 %
- ROCE 20.1 %
- ROE 24.2 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 29.8% CAGR over last 5 years
Cons
- Promoter holding has decreased over last 3 years: -5.11%
* 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 Industrials BSE SmallCap BSE Allcap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
305 | 245 | 335 | 308 | 283 | 379 | 622 | 525 | 518 | 954 | 1,100 | 1,202 | 1,430 | |
264 | 212 | 295 | 289 | 250 | 323 | 530 | 447 | 439 | 821 | 948 | 1,023 | 1,206 | |
Operating Profit | 41 | 33 | 41 | 19 | 34 | 55 | 92 | 78 | 80 | 133 | 152 | 179 | 225 |
OPM % | 13% | 13% | 12% | 6% | 12% | 15% | 15% | 15% | 15% | 14% | 14% | 15% | 16% |
1 | 2 | 2 | 2 | 3 | 2 | 1 | 4 | 19 | 16 | 17 | 47 | 66 | |
Interest | 18 | 19 | 11 | 17 | 15 | 23 | 30 | 34 | 30 | 40 | 45 | 50 | 62 |
Depreciation | 8 | 9 | 16 | 15 | 16 | 18 | 22 | 27 | 30 | 39 | 45 | 54 | 70 |
Profit before tax | 16 | 7 | 15 | -11 | 5 | 16 | 40 | 20 | 39 | 71 | 80 | 122 | 159 |
Tax % | 38% | 38% | 38% | -16% | 16% | 31% | 41% | 14% | 25% | 26% | 26% | 26% | |
10 | 4 | 9 | -10 | 4 | 11 | 24 | 17 | 29 | 52 | 59 | 90 | 117 | |
EPS in Rs | 3.65 | 1.56 | 3.46 | -3.54 | 1.60 | 3.78 | 7.95 | 5.34 | 8.98 | 16.19 | 18.36 | 28.14 | 34.42 |
Dividend Payout % | 14% | 32% | 29% | 0% | 0% | 0% | 0% | 0% | 0% | 13% | 15% | 5% |
Compounded Sales Growth | |
---|---|
10 Years: | 17% |
5 Years: | 14% |
3 Years: | 32% |
TTM: | 25% |
Compounded Profit Growth | |
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10 Years: | 36% |
5 Years: | 30% |
3 Years: | 45% |
TTM: | 53% |
Stock Price CAGR | |
---|---|
10 Years: | 30% |
5 Years: | 107% |
3 Years: | 48% |
1 Year: | 25% |
Return on Equity | |
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10 Years: | 15% |
5 Years: | 18% |
3 Years: | 21% |
Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 14 | 14 | 15 | 15 | 16 | 16 | 16 | 16 | 16 | 18 |
Reserves | 95 | 98 | 104 | 93 | 99 | 140 | 161 | 192 | 220 | 268 | 318 | 400 | 850 |
150 | 121 | 143 | 174 | 181 | 256 | 247 | 245 | 317 | 393 | 356 | 616 | 565 | |
64 | 76 | 107 | 81 | 117 | 139 | 161 | 143 | 148 | 280 | 287 | 298 | 370 | |
Total Liabilities | 322 | 309 | 368 | 362 | 410 | 549 | 584 | 596 | 701 | 956 | 978 | 1,330 | 1,803 |
84 | 87 | 87 | 76 | 94 | 201 | 227 | 247 | 285 | 327 | 364 | 422 | 648 | |
CWIP | 1 | 6 | 10 | 12 | 31 | 9 | 5 | 8 | 1 | 1 | 24 | 118 | 61 |
Investments | 4 | 4 | 16 | 16 | 17 | 17 | 16 | 16 | 16 | 16 | 15 | 15 | 258 |
233 | 211 | 255 | 258 | 268 | 321 | 336 | 324 | 399 | 613 | 574 | 774 | 837 | |
Total Assets | 322 | 309 | 368 | 362 | 410 | 549 | 584 | 596 | 701 | 956 | 978 | 1,330 | 1,803 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
44 | 34 | 45 | -7 | 73 | 28 | 71 | 69 | 34 | 88 | 223 | 74 | |
-12 | -17 | -20 | -7 | -56 | -113 | -46 | -46 | -66 | -93 | -104 | -236 | |
-36 | -14 | -20 | 14 | -20 | 86 | -26 | -21 | 28 | 12 | -87 | 198 | |
Net Cash Flow | -5 | 3 | 6 | -0 | -4 | 1 | -2 | 3 | -4 | 7 | 32 | 36 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 106 | 96 | 112 | 133 | 116 | 132 | 107 | 97 | 121 | 78 | 60 | 64 |
Inventory Days | 185 | 231 | 173 | 211 | 262 | 191 | 85 | 134 | 171 | 147 | 112 | 122 |
Days Payable | 80 | 136 | 139 | 120 | 219 | 160 | 88 | 102 | 115 | 119 | 117 | 103 |
Cash Conversion Cycle | 211 | 192 | 146 | 224 | 159 | 163 | 104 | 128 | 178 | 106 | 55 | 83 |
Working Capital Days | 196 | 190 | 141 | 183 | 141 | 152 | 99 | 121 | 176 | 111 | 68 | 97 |
ROCE % | 14% | 11% | 11% | 2% | 7% | 12% | 17% | 12% | 14% | 18% | 18% | 20% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
17 Apr - Of schedule of Audio Conference Call for Investors on 23rd April 2025
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Board Meeting Intimation for The Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended 31St March 2025 And Recommendation Of Final Dividend On Equity Shares Of The Company, If Any
11 Apr - Board meeting to approve financial results and dividend.
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Announcement under Regulation 30 (LODR)-Change in Management
7 Apr - Resignation of COO Varun Agarwal effective 7th April 2025.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2 Apr - Confirmation of dematerialization of equity shares.
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Updates On Capacity Addition
31 Mar - Commissioning of new capacity at Chhatrapati Sambhaji Nagar plant.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from web
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Financial Year 2023
from web
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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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
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from nse
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Financial Year 2013
from bse
Concalls
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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]