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    Manufacturing - Metal Fabrication
Pitti Engineering Limited

Pitti Engineering Limited

PITTIENG.NS
Pitti Engineering LimitedIN flagNational Stock Exchange of India
934.35
INR
-4.35
- -
34.49BMarket Cap
Pitti Engineering Limited
PITTIENG.NS
(National Stock Exchange of India)

Recent

price

934.35

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
133.33
172.18
115.02
91.85
126.39
115.44
104.89
137.36
205.94
164.27
159.44
296.4
341.58
360.5
464.45
515.84
515.06
Revenue per Share
4.49
9.56
3.65
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
Basic EPS, GAAP
1.37
4.53
11.51
6.2
9.38
-6.01
12.8
-30.77
8.36
7.01
-11.63
-1.89
36.24
-49.73
-10.25
-51.92
- -
Free Cash Flow per Basic Share
- -
0.47
1.74
0.58
1.03
0.75
- -
- -
- -
- -
- -
1.18
2.34
1.12
1.44
1.52
- -
Dividend per Share
5
23.39
23.4
24.28
26.32
22.8
24.8
29.22
33.96
37.8
45.72
60.73
76.74
78.44
105.82
5.08
5.07
Book Value per Share
34.87
42.54
40.07
40.91
43.2
39.46
41.19
54.82
56.58
62.29
67.93
84.27
101.35
135.41
205.62
227.88
227.53
Tangible Book Value per Share
19
23
27
27
27
27
27
27
30
32
32
32
32
34
37
37
37
Basic Weighted Avg Shares
2,518
4,038
3,104
2,478
3,410
3,115
2,830
3,755
6,143
5,181
5,110
9,500
10,948
12,343
17,046
19,128
19,128
Sales/Revenue/Turnover
-20.14
13.95
10.61
9.7
7.37
1.36
6.31
10.1
11.3
10.04
12.88
11.11
11.52
13.54
11.18
11.02
11.02
Operating Margin (%)
62
66
84
88
158
154
162
176
224
274
304
389
447
587
805
1,047
1,047
Depreciation Expense
85
224
98
42
93
-96
43
113
237
171
288
519
588
897
1,223
1,178
1,178
Net Income, GAAP
36.43
33
37.91
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
Effective Tax Rate (%)
3.37
5.55
3.17
1.7
2.73
-3.07
1.52
3
3.86
3.3
5.63
5.46
5.37
7.27
7.17
6.16
6.16
Profit Margin (%)
994
401
397
427
353
149
119
239
307
299
435
951
909
1,642
1,567
2,599
2,599
Working Capital
957
167
142
211
265
260
571
887
756
671
1,022
1,631
1,759
3,256
3,659
4,580
4,580
LT Debt
671
1,007
1,089
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
Total Equity
-21.63
18.68
8.26
6.21
6.45
- -
5.13
7.37
9.63
10.12
9.56
12.12
13.24
13.75
10.6
8.74
8.74
Return on Invested Capital (%)
17.93
25.11
4.88
4.89
7.64
- -
5.8
7.69
10.76
10.55
11.46
14.09
13.8
16.12
17.58
18.5
18.5
Return on Capital (%)
89.84
69.72
16.69
6.54
13.66
-14.42
6.71
15.37
26.19
15.5
21.64
30.4
26.71
34.87
37.23
57.86
57.86
Return on Common Equity (%)

Capital Structure

FRC

•

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
Market Capitalization
37,274
30,679
25,562

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
9,750
- -
9,053
Cash, Cash Equivalents & STI
1,490
- -
1,513
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

FRC

•

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
-307.7%
-402.15%
411.79%
Net Income, GAAP
34.61%
35.79%
-3.66%
Sales/Revenue/Turnover
23.43%
32.84%
12.22%
Total Cash Common Dividend
- -
36.22%
6.37%

Quarterly Revenue

FRC

•

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
17,046
2026
4,566
4,777
4,774
5,011
19,128

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.36
6.43
4.59
- -
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

FRC

•

in mil. unless spec.

Year

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