| Revenue growth | 21.1% YoY to ₹578.4 Cr |
|---|---|
| Margins | EBITDA margin at 15.8% vs 16.8% YoY |
| Demand visibility | Strong visibility from Caterpillar, Siemens, Voith |
| Management confidence | High; backed by marquee order visibility |
Growth
Revenue grew 21.1% YoY to ₹578.4 Cr. Adjusted EBITDA rose 13.6% YoY to ₹91.3 Cr.
Outlook
Investing ₹740 Cr for multi-year expansion; targeting 36,000 MT castings and 13.14L machining hours by FY31.
Risks
Adjusted PAT Margin compressed to 6.3% from 9.0% YoY; high finance costs and depreciation from expansion projects.
Last quarter's promises, checked
Delivered
- Volume Target 19,200 MT (implied Q1 run-rate) → delivered 24,561 MT (= BEAT)
- Revenue Target ₹529 Cr (implied Q1 run-rate) → delivered ₹578.4 Cr (= BEAT)
- Tax Rate Guidance 25% → delivered 25.1% (= BEAT)
Partly delivered
- Capex Execution ₹150 Cr and ₹290 Cr plans → delivered Phased ₹740 Cr plan (= PARTIAL)
Missed
- EBITDA Margin Guidance 16.8%-18% → delivered 15.8% (= MISS)
- PAT Margin YoY improvement → delivered 6.3% vs 9.0% YoY (= MISS)
Investor Presentation filed with BSE, NSE: PITTIENG. Summary written with AI assistance from the document.
Pitti Engineering Ltd: key numbers
- Share price
- ₹879.50
- Market cap
- ₹3,312 Cr
- Revenue (annual)
- ₹1,590 Cr
- Net profit (annual)
- ₹97.53 Cr
- P/E (TTM)
- 33.4×Sector 41.7×
- Promoter holding
- 54.18%+0.00% QoQ
- FII holding
- 1.78%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Pitti Engineering Ltd
All →Pitti Engineering Earnings Call Transcript: Key Takeaways
Pitti reports strong 16.3% revenue growth but faces margin pressure from forex and input costs. Aggressive ₹450 Cr capex signals long-term growth aspirations despite short-term EBITDA dilution.
Pitti Engineering Results Update
Pitti Engineering announced Q2FY27 financial results with Rs. 580.5 crore total income and Rs. 36.3 crore PAT. The company also announced a Rs. 450 crore capex.
- Value
- ₹450.0 Cr
- Execution
- by FY31
- laminations capacity
- 160000.0 MTs
Pitti Engineering Management Change
Pitti Engineering Ltd announced the re-designation of two senior management personnel and the promotion of Shri Avinash Arun Patil to Deputy Chief Operating Officer.
Pitti Engineering Employee Stock Options
Pitti Engineering Ltd has approved the second grant of 5,77,500 employee stock options under the Pitti ESOP Scheme 2024 at an exercise price of ₹736.72.
Pitti Engineering Capacity Expansion: ₹450 Cr Investment
Pitti Engineering has approved a ₹450 crore capex project to consolidate and expand its manufacturing capacity in Karnataka, with implementation phased through FY 2030-31.
- Value
- ₹450.0 Cr
- Execution
- up to FY 2030-31
- sheet metal manufacturing capacity
- 52000.0 MT
Pitti Engineering Dividend
Pitti Engineering declared an interim dividend of ₹2 per share and approved a ₹450 Crore capex for expanding manufacturing capacity.
- Value
- ₹450.0 Cr
- manufacturing capacity
- 160000 MT