PITTIENGIndustrials

Pitti Engineering Limited

Industrial Products · ISIN INE450D01021 · BSE 513519 · NSE EQ · FV ₹5
Last price
₹1,131
+2.70%today
What this company does

Pitti Engineering Limited operates in Industrial Products, part of the Industrials sector. It booked ₹529 cr of revenue in its latest quarter (Q1 FY27) and kept 5.6% of sales as profit.

2023-24 Reason for variance more Pitti Engineering Limited specialises in the manufacturing of Particular 2024-25 Restated Y-o-Y Change than 25% wide range of products such as electrical steel laminations, Inventory Turnover (No. of times) 5.08 4.73 7.40% motor cores, sub-assemblies, die rotors and press tools.
In the report:
56out of 100
Equitytale Health Score
Mixed

Healthier than 56% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 129–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
58

At close. Not part of the score.

Profitability & returns57

How much profit it earns on the money it employs

Balance sheet27

How much it owes, and whether earnings cover the interest

Cash quality69

Whether reported profit actually arrives as cash

Growth & consistency79

Whether sales and profit have grown, and how steadily

Valuation29

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 16% vs last year
Profit up 29% vs last year
Promoters hold 54%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 5.6% net margin

What if I invest in PITTIENG?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,131 +2.70%
latest close · 2026-09-17
1-year return
+684.9%
52-wk low ₹13652-wk high ₹1,228
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio35.4High
LowAverageHigh
P/B ratio4.32High
Below bookModerateHigh
EV / EBITDA13.9Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity12.0%Fair
WeakFairStrong ▸15%
Return on capital15.8%Strong
WeakFairStrong
Net margin5.6%Decent
ThinDecentStrong
EBITDA margin16.5%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.71Moderate
LowModerateHigh ▸1
Interest cover2.6×Okay
RiskyOkayStrong ▸5×
Current ratio1.40Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹4,260 cr
Book value
₹262
EPS
₹7.99
latest quarter
Net debt
₹579 cr
owes more than its cash
Enterprise value
₹4,839 cr
EBITDA
₹349 cr
annualised
EBIT
₹235 cr
annualised
Operating margin
11.1%
Return on assets
5.5%
Earnings yield
2.83%
P/S
2.01
Sales / share
₹561.9
Tax rate
18.6%
Face value
₹5
Shares
3.8 cr
Working capital
₹260 cr
Current assets
₹905 cr
Current liabilities
₹645 cr
Delivery %
46.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹308₹342, midpoint ₹325

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹529 cr
Other Income₹85.1 L
Total Income₹530 cr
Cost of Materials₹357 cr
Purchases of Stock-in-Trade₹2 cr
Inventory Change (±)₹-38 cr
Employee Benefit Expense₹46 cr
Finance Costs₹23 cr
Depreciation & Amortisation₹28 cr
Other Expenses₹76 cr
Total Expenses₹494 cr
Profit before Tax₹36 cr
Tax Expense₹7 cr
Net Profit₹30 cr
Net margin on total income5.6%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹321 cr60.5%
Employee benefit expense₹46 cr8.7%
Finance costs₹23 cr4.3%
Depreciation & amortisation₹28 cr5.4%
Other expenses₹76 cr14.3%
Tax expense₹7 cr1.3%
Profit for the period₹30 cr5.6%
Total income ₹530 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue477 cr501 cr529 cr
Total income484 cr506 cr530 cr
Expenses445 cr468 cr494 cr
Profit before tax40 cr37 cr36 cr
Tax11 cr11 cr7 cr
Net profit (owners' share)28 cr27 cr30 cr
Net margin (owners' share, on revenue)5.9%5.3%5.6%
EPS (₹)7.597.217.99
YoY (latest quarter): total income +14.2% · net profit +28.9%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹2,138 cr
Shareholder equity
₹987 cr
parent shareholders
Total debt
₹699 cr
Cash
₹119 cr
Cash flow · H1 FY26
Operating
₹95 cr
Investing
₹-94 cr
Financing
₹1 cr
Peer comparison
Industrial Products · by market value
CompanyPriceMarket capP/E
INDO-MIM Limited₹993₹48,086 cr50.1
Aditya Infotech Limited₹3,378₹39,814 cr70.0
Syrma SGS Technology Limited₹1,618₹31,158 cr77.9
Honeywell Automation India Limited₹33,915₹29,845 cr49.7
Kaynes Technology India Limited₹3,520₹23,596 cr104.5
Jyoti CNC Automation Limited₹981₹22,305 cr97.7
LMW Limited₹18,170₹19,406 cr87.4
Tega Industries Limited₹1,920₹14,425 cr
LLOYDS ENGINEERING WORKS LIMITED₹80₹11,801 cr42.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.35%
trailing 12 months
Dividend / share (TTM)
₹4
Last dividend
₹2.5
ex 11 Sep 2026
ActionDetailEx-date
Dividend₹2.5 / share11 Sep 2026
Dividend₹1.5 / share19 Sep 2025
Dividend₹1.5 / share13 Sep 2024
Dividend₹1.2 / share11 Aug 2023
Dividend₹1.5 / share24 Feb 2023
Dividend₹0.85 / share15 Sep 2022
Who owns it · 2026-06-30
No pledge
Promoter
54.2%
FII / Foreign
1.6%
DII / Domestic
20.1%
Retail / others
22.2%
Promoter stake down 5.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtPitti Engineering Limited Employee Welfare Trust · Other28,878 · ₹2.5 cr27 Nov 25
BoughtPitti Engineering Limited Employee Welfare Trust · Other20,000 · ₹1.8 cr24 Nov 25
BoughtPitti Engineering Limited Employee Welfare Trust · Other5,610 · ₹49.9 L20 Nov 25
Bulk / block deals
short · NSE34 Aug 25
SoldAKSHAY SHARAD PITTI · NSE2.04 L @ ₹1,410.0112 Dec 24
SoldAKSHAY SHARAD PITTI · NSE2.85 L @ ₹1,405.6411 Dec 24
Stake changes
BoughtSBI Mutual fund under its Various Schemes→ 6.01% · 10.73 L17 Sep 25
SoldSBICAP Trustee Company Ltd→ 0.00% · 19.45 L20 Feb 25
SoldAKshay S Pitti · promoter→ 6.66% · 1.18 L13 Dec 24
Promoter pledges
ReleasedSBICAP Trustee Company Ltd, Lender Name: State bank of india as Lead Banker along with other Consortium Bankers9.65 L · 2.56% held20 Feb 25
ReleasedSBICAP Trustee Company Ltd, Lender name: State bank of India as lead Banker along with other Consortium Bankers9.80 L · 2.60% held20 Feb 25
ReleasedSBICAP Trustee Company Ltd9.80 L · 5.53% held27 Sep 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 26 Sep 2025
See the official result
1
To receive, consider and adopt (a) the audited financial statements of the Company for the financial year ended 31st March 2025 and the reports of the Board of Directors and Auditors thereon and (b) the audited consolidated financial statements of the Company for the financial year ended 31st March 2025 and the report of the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
73.39 L votes for, 85 against · 0% of mutual funds and other big investors said no
2
To declare a final dividend on equity shares of the Company for the year ended 31st March 2025.
Backed by 100% of shareholders other than promotersneeded 50%
73.42 L votes for, 84 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Shri Sharad B Pitti, (DIN:00078716) who retires by rotation and being eligible offers himself for re-appointment.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
73.40 L votes for, 1,541 against · 0% of mutual funds and other big investors said no
4
To ratify the payment of remuneration to the Cost Auditors for the financial year 2025-26.
Backed by 100% of shareholders other than promotersneeded 50%
73.42 L votes for, 85 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 5 named members
owning 54.2% between them · as of 2026-06-30
Pitti Electrical Equipment Private Limited28.45%
Sharad Badrivishal Pitti11.79%
Akshay Sharad Pitti9.22%
Madhuri Sharad Pitti4.67%
Sharad B Pitti (HUF)0.05%
Business done with them
FY2025 · 4 of the group
The company paid ₹45 cr to companies in the promoter group last year — about 2.6% of its ₹1,705 cr revenue and received ₹12 cr back from them.
PITTI ELECTRICAL EQUIPMENT PRIVATE LIMITED
Contribution made to them · PURCHASES
also owns 28.45% of the company
₹25 cr
company paid
PITTI ELECTRICAL EQUIPMENT PRIVATE LIMITED
Bought goods from them · PURCHASES
also owns 28.45% of the company
₹12 cr
company paid
PITTI ELECTRICAL EQUIPMENT PRIVATE LIMITED
Sold goods to them · PURCHASES
also owns 28.45% of the company
₹12 cr
company received
Akshay Sharad Pitti
Other payments to them · Remuneration
also owns 9.22% of the company
₹5 cr
company paid
MADHURI SHARAD PITTI
Leases As Lessor · Rent/Lease
also owns 4.67% of the company
₹2 cr
company received
Sharad Badrivishal Pitti
Other payments to them · Remuneration & rent
also owns 11.79% of the company
₹2 cr
company paid
Sharad Badrivishal Pitti
Leases As Lessor · Remuneration & rent
also owns 11.79% of the company
₹1 cr
company received
PITTI ELECTRICAL EQUIPMENT PRIVATE LIMITED
Other payments to them · PURCHASES
also owns 28.45% of the company
₹75.1 L
company paid

The company also transacted with 7 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.