1. India Stocks

  2. •

    Producer manufacturing

  3. •

    Industrial machinery
Pitti Engineering Ltd.

Pitti Engineering Ltd.

949.20
INR
-8.00
(-0.84%)
31.72EPS
21.70P/E
25.41BMarket Cap
Oct 22Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
91.85
126.39
115.44
104.89
137.36
205.94
164.27
159.44
296.4
341.58
360.5
460.85
511.68
515.06
Basic EPS, GAAP
1.56
3.46
-3.54
1.6
4.13
7.95
5.42
8.97
16.18
18.36
26.2
33.32
31.77
31.72
Free Cash Flow per Basic Share
6.2
9.38
-6.01
12.8
-30.77
8.36
7.01
-11.63
-1.89
36.24
-49.73
-17.96
0.04
- -
Dividend per Share
0.58
1.03
0.75
- -
- -
- -
- -
- -
1.18
2.34
1.12
1.44
1.52
- -
Book Value per Share
41.35
43.45
39.66
41.66
51.82
58.99
64.84
73.57
88.59
104.22
147.56
240.71
267.35
267.35
Tangible Book Value per Share
40.91
43.2
39.46
41.19
50.25
56.58
61.3
67.93
84.27
101.35
144.66
202.13
228.91
228.91
Basic Weighted Avg Shares
27
27
27
27
27
30
32
32
32
32
34
37
37
37
Sales/Revenue/Turnover
2,478
3,410
3,115
2,830
3,755
6,143
5,181
5,110
9,500
10,948
12,343
16,912
18,977
19,128
Operating Margin (%)
9.7
7.37
1.36
6.31
10.1
11.3
10.04
12.88
11.11
11.52
13.54
13.27
12.76
11.02
Depreciation Expense
88
158
154
162
176
224
274
304
389
447
587
805
1,047
1,047
Net Income, GAAP
42
93
-96
43
113
237
171
288
519
588
897
1,223
1,178
1,178
Effective Tax Rate (%)
37.9
38.33
- -
15.74
30.86
41.2
13.9
25.39
26.5
26.37
24.86
24.33
29.7
29.7
Profit Margin (%)
1.7
2.73
-3.07
1.52
3
3.86
3.3
5.63
5.46
5.37
7.27
7.23
6.21
6.16
Working Capital
427
353
149
119
239
307
299
435
951
909
1,642
1,567
2,599
2,599
LT Debt
211
265
260
571
887
756
671
1,022
1,631
1,759
3,256
3,659
4,580
4,580
Total Equity
1,116
1,173
1,070
1,124
1,546
1,760
2,078
2,358
2,839
3,340
4,729
8,987
9,869
9,869
Return on Invested Capital (%)
1.75
3.88
- -
1.95
7.16
9.39
10.12
9.32
12.08
13.22
13.74
12.48
10
8.73
Return on Capital (%)
3.96
6.17
- -
4.9
6.37
8.83
8.58
9.43
12.05
12.01
13.49
12.11
9.69
10.42
Return on Common Equity (%)
3.81
8.15
-8.52
3.93
8.45
14.35
8.91
12.97
19.96
19.04
22.23
17.83
12.5
12.5

Capital Structure

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
3,716
- -
3,526
LT Borrowings
3,235
- -
3,808
LT Finance Leases
831
- -
772
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
37
37
37
Market Capitalization
36,762
30,352
25,408

Working Capital

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
9,750
- -
9,053
Cash, Cash Equivalents & STI
1,490
- -
1,195
Accounts Receivable, Net
2,603
- -
2,063
Inventories
4,056
- -
3,949
Total Current Liabilities
7,513
- -
6,454
Payables & Accruals
- -
- -
- -
ST Debt
3,716
- -
3,526
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
26.74%
35.9%
9.82%
Free Cash Flow
-357.24%
-501.23%
-100.21%
Net Income, GAAP
34.61%
35.79%
-3.66%
Sales/Revenue/Turnover
23.32%
32.62%
12.21%
Total Cash Common Dividend
- -
- -
6.37%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,898
3,026
3,019
3,180
12,343
2025
3,914
4,294
4,150
4,688
16,912
2026
4,566
4,777
4,774
5,011
18,977

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.36
6.43
4.59
12.59
26.2
2025
5.65
10.2
7.64
9.61
33.32
2026
6.14
10.78
7.59
7.21
31.77

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.12
2025
- -
- -
- -
- -
1.44
2026
- -
- -
- -
- -
1.52

Company Description

Company Profile APIChatGPT
CEO
Akshay S. Pitti
Full Time Employees
3,913
Sector
Producer manufacturing
Industry
Industrial machinery
Address
6-3-648/401, Padmaja Landmark Hyderabad TG India 500 082
IPO Date
Jan 19, 1994
Website
pitti.in
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Business
Pitti Engineering Limited manufactures electrical steel laminations, motor cores, stator and rotor assemblies, sub-assemblies, die-cast rotors, precision-machined components, castings, steel fabricated parts and press tools; it also provides engineering services and tooling solutions including fixtures, jigs, molds and dies. The company serves industries such as power generation, wind energy, automotive, aerospace, railways, mining, cement, appliances, e-mobility, oil and gas and medical equipment, with products exported across five continents from manufacturing facilities in Hyderabad, Telangana, and Aurangabad, Maharashtra. Founded in 1983 and headquartered in Hyderabad, India, Pitti Engineering operates as India's largest producer and exporter of electrical steel laminations. In March 2024, the company acquired Bagadia Chaitra Industries for an enterprise value of approximately $15 million plus up to $10 million in fresh capital infusion to expand capacity by 16,000 tonnes per annum, broaden its South India presence and enter new customer segments; it sanctioned INR150 crore capital expenditure for further capacity enhancements targeting 68,000 tonnes annually and projects 15% revenue growth in FY26 amid strong demand from data centers and existing clients.