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 ₹ 3,587 Cr.
- Current Price ₹ 953
- High / Low ₹ 1,512 / 835
- Stock P/E 28.5
- Book Value ₹ 239
- Dividend Yield 0.16 %
- ROCE 17.5 %
- ROE 18.6 %
- Face Value ₹ 5.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 48.2% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|
525 | 518 | 954 | 1,100 | 1,202 | 1,705 | 1,770 | |
447 | 439 | 821 | 949 | 1,024 | 1,433 | 1,481 | |
Operating Profit | 78 | 80 | 133 | 151 | 178 | 271 | 288 |
OPM % | 15% | 15% | 14% | 14% | 15% | 16% | 16% |
4 | 19 | 16 | 18 | 48 | 39 | 43 | |
Interest | 34 | 30 | 40 | 45 | 50 | 68 | 71 |
Depreciation | 27 | 30 | 39 | 45 | 54 | 81 | 89 |
Profit before tax | 20 | 39 | 71 | 80 | 122 | 162 | 171 |
Tax % | 14% | 25% | 26% | 26% | 26% | 24% | |
17 | 29 | 52 | 59 | 90 | 122 | 126 | |
EPS in Rs | 5.34 | 8.97 | 16.18 | 18.36 | 28.14 | 32.48 | 34.04 |
Dividend Payout % | 0% | 0% | 13% | 15% | 5% | 5% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 27% |
3 Years: | 21% |
TTM: | 33% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 48% |
3 Years: | 33% |
TTM: | 22% |
Stock Price CAGR | |
---|---|
10 Years: | 30% |
5 Years: | 101% |
3 Years: | 42% |
1 Year: | -26% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 20% |
Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Equity Capital | 16 | 16 | 16 | 16 | 19 | |
Reserves | 220 | 268 | 318 | 400 | 880 | |
318 | 393 | 356 | 616 | 690 | ||
148 | 280 | 287 | 298 | 416 | ||
Total Liabilities | 701 | 957 | 978 | 1,330 | 2,004 | |
285 | 327 | 364 | 422 | 1,027 | ||
CWIP | 1 | 1 | 24 | 118 | 63 | |
Investments | 16 | 16 | 15 | 15 | 0 | |
399 | 613 | 574 | 775 | 914 | ||
Total Assets | 701 | 957 | 978 | 1,330 | 2,004 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
32 | 88 | 223 | 74 | 289 | ||
-66 | -93 | -104 | -236 | -536 | ||
28 | 12 | -87 | 198 | 269 | ||
Net Cash Flow | -6 | 7 | 32 | 36 | 22 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Debtor Days | 121 | 78 | 60 | 64 | 55 | |
Inventory Days | 171 | 147 | 112 | 122 | 118 | |
Days Payable | 115 | 119 | 117 | 103 | 119 | |
Cash Conversion Cycle | 178 | 106 | 55 | 83 | 54 | |
Working Capital Days | 24 | 23 | 9 | 9 | 3 | |
ROCE % | 18% | 18% | 20% | 18% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Aug
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Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
8 Aug - Q1 FY26: Revenue ₹457 Cr (+17%), EBITDA ₹75 Cr (+30%), Rs.150 Cr capex approved for capacity expansion.
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Announcement under Regulation 30 (LODR)-Investor Presentation
8 Aug - Revised Investor Presentation - Financial Results for the quarter ended 30th June 2025
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
8 Aug - Audio recording of Q1 FY26 earnings call available on company website.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
7 Aug - Q1 FY26: Revenue Rs.457Cr (+17%), Rs.150Cr capex approved for capacity expansion over 18 months.
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
from bse
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Financial Year 2019
from bse
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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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Aug 2025TranscriptNotesPPT
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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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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]