PITTI ENGINEERING LIMITED

PITTI ENGINEERING LIMITED

PITTIENGNSE / BSEIndustrialsSmall Cap

₹851.50-₹31.60 (-3.6%)

Last close · Data as of Oct 30, 2026

Market cap
₹2,737 Cr
P/E
25.5x
EV / EBITDA
13.9x
Revenue
₹1,525 Cr
Net margin
7.2%
ROCE
16.6%

-12.0% over the last year

PITTI ENGINEERING LIMITED price, 1Y

Daily closes.

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Performance

Price change over each period, before dividends.

1M
-25.3%
3M
-8.4%
6M
-13.3%
1Y
-12.0%
5Y
+359.3%

52-week range

Day change -₹31.60 (-3.6%) from ₹883 to ₹852 · Last close Oct 30, 2026

Best weekday to invest, historically

The same weekly amount in PITTIENG, bought on each weekday since 2021.

AI Summary

Indian Stock

Strengths1

  • Strong 5-year revenue CAGR of 18.8%

Concerns1

  • Negative free cash flow (₹297 Cr)

Rule-based from financial data. Not advice.

About the company

Pitti Engineering Limited manufactures and sells iron and steel engineering products in India and internationally. The company manufactures electrical steel laminations, stator and motor cores, sub-assemblies for motor and generator cores, pole assemblies, die-cast rotors, high precision press tools, and machined casted and fabricated parts and forged shafts.

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Pitti Engineering Limited manufactures and sells iron and steel engineering products in India and internationally. The company manufactures electrical steel laminations, stator and motor cores, sub-assemblies for motor and generator cores, pole assemblies, die-cast rotors, high precision press tools, and machined casted and fabricated parts and forged shafts. Its products are used in hydro and thermal generation, wind energy, mining, cement, steel, sugar, construction, lift irrigation, freight rail, passenger rail, mass urban transport, e-mobility, appliances, medical equipment, oil and gas, and other industrial applications. The company was formerly known as Pitti Laminations Limited and changed its name to Pitti Engineering Limited in May 2018. Pitti Engineering Limited was incorporated in 1983 and is based in Hyderabad, India.

Sector
Industrials
Shares outstanding
3.8 Cr shares
ISIN
INE450D01021
BSE code
513519

Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.

Valuation

Market cap
₹2,737 Cr
P/E
25.5x
P/B
3.0x
EV / EBITDA
13.9x
EV / Sales
2.6x
P/S
2.2x
Earnings yield
3.9%
52-week high
₹1,175.40
52-week low
₹683.00

Profitability

Operating margin
14.7%
Net margin
7.2%
EBITDA margin
18.5%
ROE
19.0%
ROCE
16.6%
ROA
6.5%
Dividend payout
5.0%
Tax rate
25.0%
Other income, % of PBT
39.5%

Growth

Revenue
₹1,525 Cr
Revenue growth, 1Y
22.6%
Revenue CAGR, 5Y
18.8%
EBITDA
₹230 Cr
EBITDA growth, 1Y
36.1%
Net profit growth, 1Y
18.9%
Net profit CAGR, 5Y
39.6%
Cash from operations
₹80.0 Cr
CFO growth, 1Y
-64.1%
Free cash flow
-₹10.0 Cr
Asset growth, 1Y
42.2%

Solvency and efficiency

Current ratio
2.77
Debt / Equity
1.33
Debt / Assets
0.45
Debt / EBITDA
2.73
Interest coverage
3.59
Financial leverage
2.94
CFO / Net profit
0.89
Cash / Market cap
29.4%
Cash per share
₹213.56
Asset turnover
0.89
Fixed asset turnover
2.68
Capital intensity
0.37
Debtor days
63 days
Inventory turnover
2.68
Cash conversion cycle
86 days

Where the revenue went

Of every ₹100 of FY2025 revenue, ₹7 was left as net profit.

PITTI ENGINEERING LIMITED income statement flow, FY2025
PITTI ENGINEERING LIMITED income statement flow, FY2025: flows
FromToAmount
SalesExpenses₹1,277 Cr
SalesOperating profit₹248 Cr
Operating profitInterest₹68 Cr
Operating profitDepreciation₹77 Cr
Operating profitProfit before tax₹103 Cr
Other incomeProfit before tax₹37 Cr
Profit before taxTax and other₹33 Cr
Profit before taxNet profit₹107 Cr

Revenue and net profit

Revenue grew 22.6% in FY2025; net profit is the dashed line.

PITTI ENGINEERING LIMITED revenue and net profit by fiscal year
PITTI ENGINEERING LIMITED revenue and net profit by fiscal year
DateRevenueNet profit
FY2021₹518 Cr₹29 Cr
FY2022₹954 Cr₹52 Cr
FY2023₹1,100 Cr₹59 Cr
FY2024₹1,244 Cr₹90 Cr
FY2025₹1,525 Cr₹107 Cr

Cash flows

FY2025: ₹261 Cr from operations, -₹297 Cr free after investment (dashed).

PITTI ENGINEERING LIMITED operating and free cash flow by fiscal year
PITTI ENGINEERING LIMITED operating and free cash flow by fiscal year
DateOperating cash flowFree cash flow
FY2021₹34 Cr-₹32 Cr
FY2022₹88 Cr-₹5 Cr
FY2023₹223 Cr₹119 Cr
FY2024₹80 Cr-₹167 Cr
FY2025₹261 Cr-₹297 Cr

Growth

Latest fiscal year FY2025 (ending March): each figure with its change over the year before.

Revenue
₹1,525 Cr+22.6%1Y
Net profit
₹107 Cr+18.9%1Y
Cash from operations
₹261 Cr
Free cash flow
-₹297 Cr
Revenue CAGR, 5Y
18.8%
EBITDA CAGR, 5Y
22.9%
Net profit CAGR, 5Y
39.6%
YearRevenueOperating incomeEBITDANet profitCFOFCFROERevenue growth 1YNet profit growth 1Y
FY2025₹1,525 Cr₹248 Cr—₹107 Cr₹261 Cr-₹297 Cr12.1%+22.6%+18.9%

Monthly returns

Month-by-month returns of PITTIENG across the years, with the seasonal pattern.

Balance sheet

What the company owns and owes at the end of FY2025.

LineFY2025
Liabilities and equity₹1,954 Cr
Equity capital₹19 Cr
Reserves₹865 Cr
Borrowings₹687 Cr
Other liabilities₹383 Cr
Assets₹1,954 Cr
Fixed assets₹793 Cr
Capital work in progress₹61 Cr
Investments₹258 Cr
Other assets₹843 Cr

Market cap against peers

8 peers: same sector group, nearest by size.

  1. PITTI ENGINEERING LIMITED (this company)₹2,737 Cr
  2. MARSONS LIMITED₹2,580 Cr

P/E against peers

PITTIENG trades at 25.5x earnings against a peer median of 38.3x (a 33% discount).

Peer comparison

Same-sector peers by market cap, with the median.

CompanyMarket capP/EP/BROEEV/EBITDA
PITTI ENGINEERING LIMITEDPITTIENGthis companyP/E ↓ discount₹2,737 Cr25.5x3.0x19.0%13.9x
EURO PRATIK SALES LIMITEDEUROPRATIK₹2,833 Cr49.9x11.8x38.9%31.7x
Gateway Distriparks LimitedGATEWAY₹2,810 Cr11.0x1.3x13.0%8.5x
Jain Irrigation Systems Ltd.JISLJALEQS₹2,802 Cr58.5x0.5x1.2%8.6x
Ram Ratna Wires Ltd.RAMRAT₹2,768 Cr40.7x5.4x13.8%20.7x
Sanghvi Movers Ltd.SANGHVIMOV₹2,726 Cr21.6x2.3x18.6%7.2x
Prince Pipes and Fittings LimitedPRINCEPIPE₹2,666 Cr115.0x1.7x11.8%7.5x
Patel Engineering LtdPATELENG₹2,633 Cr7.2x0.7x9.1%3.5x
MARSONS LIMITEDMARSONS₹2,580 Cr79.2x18.5x——
Peer median—38.3x5.2x15.2%25.8x

Year-to-date ROI

PITTIENG since 1 January, against earlier years.

Historical volatility

PITTIENG's day-to-day swings over 30, 60 and 180 days.

Financial statements

Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.

Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.

Operating margin by fiscal year

PITTI ENGINEERING LIMITED operating margin by fiscal year
PITTI ENGINEERING LIMITED operating margin by fiscal year
DateOperating margin
FY202115.0%
FY202214.0%
FY202314.0%
FY202415.0%
FY202516.0%
LineFY2025
RevenueSales₹1,525 Cr
Costs
Interest₹68 Cr
Expenses₹1,276 Cr
Profit before tax₹140 Cr

Learn while you research

Academy chapters picked for PITTI ENGINEERING LIMITED and the metrics on this page.

  1. 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
  2. 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
  3. 03 Growth Investing23% revenue growth is in the top tier, learn how to value growth.7 min read
  4. 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
  5. 05 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
  6. 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
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