PITTIENG · Pitti Engineering Ltd · Electronic Instr. & Controls
PITTIENG · Pitti Engineering Ltd · Electronic Instr. & Controls
As of 05 Nov close
52-week range
23.9% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹529 Cr
Revenue YoY
PAT YoY
+28.9%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
4.9
P/S (TTM)
2.2
Sector P/E
43.1
Dividend yield
+0.2%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| PITTIENG (this stock) | 29 | 4.9 | +6.3% | +12.6% | 0.82 | +0.2% |
| ABB India | 94.7 | 16 | +21.9% | +32.0% | 0.02 | +0.4% |
| Hitachi Energy India | 135.3 | 26.5 | +12.6% | +22.2% | 0.02 | +0.0% |
| CG Power and Industrial Solutions | 114.8 | 17.9 | +9.6% | +20.4% | 1.07 | +0.2% |
Promoter
stable
FII
rising 3q
MF
14.02% (-0.20pp)
falling 3q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: The investor presentation for Pitti Engineering Limited (PITTIENG) outlines the company's financial and operational performance for the quarter and half-year ended September 30, 2026. The document highlights the company's strategic focus on expanding manufacturing capacity through phased investments of approximately ₹740 crore, aiming to increase production capacity across sheet metals, castings, and machining. Capacity utilization rates for sheet metals and machining were reported at 78% and 85% respectively for Q2FY27, showing a slight improvement compared to Q2FY26. Financial highlights indicate a 16.3% year-over-year increase in total income for H1FY27, with adjusted EBITDA margin at 16.3% and adjusted PAT margin at 6.2%. The company also mentions a merger of its subsidiaries in September 2026, leading to standalone financial reporting for Q2 and H1FY27. The presentation emphasizes the company's diversified product portfolio, strong client relationships with marquee names, and a growing export presence across multiple continents. The document also includes historical financial data, balance sheet details, and cash flow information, reflecting the company's financial health and strategic direction.
The tone of the document is neutral, as it presents factual data and strategic plans without overtly positive or negative language.
Sourced from an exchange-filed presentation, dated 22 Oct 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: On August 11, 2026, Pitti Engineering Limited held its Q1 FY27 Earnings Conference Call, where management provided an overview of the operating environment and growth drivers. Management highlighted the localization trend in manufacturing, particularly the shift from China and Europe to India, which is creating opportunities in sectors like mining equipment and data centers. The company reported a 16% year-on-year increase in revenue, reaching ₹ 529 crores, with adjusted EBITDA growing 14% to ₹ 89 crores. Management noted a diversified revenue mix, with traction motor and railway components contributing 28% of revenue. Capacity utilization improved across operations, and management announced a revised goal of 82,000 tons for lamination production. The discussion also covered ongoing capital expenditures, including a ₹ 290 crores investment in a new casting facility, and the potential for future growth in various sectors, including automotive and electric mobility.
Management emphasized growth opportunities and positive financial performance.
Sourced from an exchange-filed transcript, dated 17 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: On August 10, 2026, Pitti Engineering Limited submitted an investor presentation detailing its financial results for the quarter ended June 30, 2026. The presentation highlighted a 14% year-over-year increase in total income, reaching Rs. 529.9 crores, and a 25% rise in adjusted profit after tax, amounting to Rs. 31.9 crores. The company reported improved capacity utilization across various segments, with sheet metals at 73% and machining hours at 86%. The presentation also outlined the company's strategic focus on vertical integration and expanding its manufacturing capabilities. Pitti Engineering emphasized its market leadership in electrical laminations and its diversified product portfolio catering to multiple industries, including railways and renewable energy. The document noted the company's commitment to enhancing its technological capabilities and maintaining strong client relationships, particularly in export markets.
The presentation emphasized growth in financial performance and strategic initiatives.
Sourced from an exchange-filed presentation, dated 10 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: On May 18, 2026, Pitti Engineering Limited held its Q4 and FY26 earnings conference call, where management, led by CEO Akshay Pitti, discussed the company's transformation from a manufacturer of electrical steel laminations to an integrated engineering solution provider. Management reported a 12% increase in revenue for FY26, reaching INR1,953 crores, with adjusted EBITDA growing by 20% to INR326 crores. Despite challenges in FY25, including inflation and supply chain disruptions, demand remained stable across core sectors. The company announced a new greenfield facility with a planned investment of INR290 crores to enhance casting and machining capabilities. Management highlighted a focus on value-added products and customer partnerships as key growth drivers. The call concluded with management emphasizing disciplined execution and ongoing capacity expansion as priorities for FY27.
Management highlighted growth and strategic investments while addressing challenges faced in the previous year.
Sourced from an exchange-filed transcript, dated 22 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: On May 17, 2026, Pitti Engineering Limited submitted a revised investor presentation detailing its financial results for the quarter and year ended March 31, 2026. The presentation included updates on capital expenditure, capacity utilization, and sales volume, specifically noting an ongoing capex of 150 crores aimed at enhancing manufacturing capacities. Management reported an increase in consolidated sheet metal capacity from 90,000 MT to 1,08,000 MT by H1FY27 and a planned increase in casting capacity from 18,600 MT to 24,600 MT. The presentation highlighted a 12.2% year-over-year growth in total income for FY26, reaching 1,952.9 crores, alongside a gross profit margin of 40.4%. Management also noted strong order visibility from key customers across various sectors, contributing to the company's growth strategy. The earnings conference call was scheduled for May 18, 2026.
Management emphasized growth and capacity expansion in the presentation.
Sourced from an exchange-filed presentation, dated 17 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: On May 14, 2026, Pitti Engineering Limited submitted an investor presentation detailing its financial results for the quarter and year ended March 31, 2026. The presentation highlighted ongoing capital expenditures of ₹150 crores approved in August 2025 to enhance manufacturing capacities, with current updates indicating approximately ₹100 crores already incurred. The company reported an increase in consolidated sheet metal capacity and planned expansions in casting capacity. Financial highlights included a total income of ₹1,953 crores for FY26, reflecting a 12.2% year-over-year growth, and an adjusted profit after tax of ₹128.1 crores, up 4.2% from the previous year. The presentation also outlined the company's strategic focus on vertical integration and manufacturing expertise, aiming to strengthen its market position across various sectors. The earnings conference call is scheduled for May 18, 2026.
Management emphasized growth in financial performance and ongoing capacity expansions.
Sourced from an exchange-filed presentation, dated 14 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: On February 6, 2026, Pitti Engineering Limited held its Q3 and 9M FY '26 earnings conference call, where management, led by CEO Akshay Pitti, discussed the company's performance and strategic focus. Management reported steady demand supported by indirect exports and a shift in global sourcing towards India, with cost pressures in other regions enhancing competitiveness. The company highlighted strong performance in key segments, particularly railways and power generation, contributing significantly to revenues. Total income for Q3 grew by 15% year-on-year to INR 484.3 crores, with adjusted EBITDA increasing by 24.5%. Management noted a focus on improving margins through a higher share of integrated products and reported ongoing capital expenditure plans aligned with anticipated demand. The company also addressed challenges related to inventory levels and finance costs, indicating a strategy to reduce excess inventory and improve working capital efficiency.
Management emphasized growth and strategic improvements in performance.
Sourced from an exchange-filed transcript, dated 11 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: On February 5, 2026, Pitti Engineering Limited submitted an investor presentation detailing its financial results for the quarter and nine months ended December 31, 2025. The presentation highlighted the company's position as one of India's largest manufacturers and exporters of electrical laminations, with a total income of Rs. 1,447 crores for 9MFY26, reflecting a 14% year-on-year increase. Management reported a gross profit margin of 39.5% and an adjusted EBITDA margin of 17.1%. The company emphasized its vertical integration and diverse product portfolio, catering to various industries including railways, power generation, and renewable energy. Additionally, management outlined plans for a ₹150 crore capital expenditure to enhance manufacturing capacities, aiming to meet growing demand. The presentation also noted the company's strong export presence across multiple continents and its commitment to quality and customer relationships.
Management emphasized growth and operational improvements in the presentation.
Sourced from an exchange-filed presentation, dated 05 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedPitti Engineering Limited (PITTIENG) reported FY2023-24 financials with a focus on transitioning to a multi-product company. The company completed the acquisition of Bagadia Chaitra Industries Private Limited (BCIPL) in May 2024, expanding its operations. The company is undergoing an amalgamation scheme with Pitti Castings Private Limited and Pitti Rail and Engineering Components Limited, approved by shareholders and creditors in March 2024, pending NCLT approval. No significant regulatory actions or defaults were noted, and the company maintains robust internal controls and compliance with statutory requirements. The company has no material contingent liabilities or liquidity issues as of March 2024.
- Completed acquisition of BCIPL in May 2024, expanding product offerings.
- Amalgamation scheme with subsidiaries approved by shareholders and creditors in March 2024, pending NCLT approval.
- No defaults, regulatory actions, or material contingent liabilities reported.
- Robust internal controls and compliance with statutory requirements.
- No willful default status or pending litigation noted.
Key takeaway: Pitti Engineering Limited is expanding through strategic acquisitions and amalgamation, with no material financial or regulatory risks reported, indicating stable operations and compliance.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Default / Covenant Breach
1 occurrenceEarlier (1-3 years ago)
The excerpt mentions reviewing reasons for substantial defaults in payment to depositors, debenture holders, and shareholders regarding non-payment of declared dividends.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has contingent liabilities related to pending appeals for Central Exercise, GST, and Income Tax liabilities as of 31st March 2026, with amounts specified for certain periods.
Earlier (1-3 years ago)
The company has contingent liabilities related to pending appeals for Central Exercise, Service Tax, and GST liabilities with various authorities including CESTAT, Bangalore, and Pune, amounting to 185.12 lakhs as of 31st March 2025.
The company has contingent liabilities related to pending appeals for service tax and GST liabilities for the fiscal years 2008-09 to 2011-12 and 2017-18, with amounts of 68.55 lakhs and 3.79 lakhs respectively.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
In 2024-25, the company conducted a postal ballot to approve an ordinary resolution for a material related party transaction. The resolution was approved by shareholders with a requisite majority on 11th December 2024.
Earlier (1-3 years ago)
The company entered into a related party transaction for the purchase of land from the promoter, approved by shareholders through a postal ballot on 24th October 2024.
The company's shareholders approved a special resolution to approve related party transactions with a voting pattern showing 1,60,621 votes in favor and 8,440 against, as per the 2021-22 postal ballot results.
Statutory dues in dispute
2 occurrencesRecent (last 12 months)
The company has undisputed statutory dues for Income Tax, Excise Duty, and Goods and Service Tax that have not been deposited as of 31st March, 2026, with disputes pending in the Customs, Excise & Service forum.
Earlier (1-3 years ago)
The company has outstanding tax dues under dispute with various authorities, including CGST and Income Tax, with amounts in lakhs and disputes pending before tribunals and commissioners.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
2.41% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).