Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 303 | 302 | 336 | 391 | 429 | 415 | 469 | 457 | 478 | 477 | 501 | 529 |
| Expenses | 258 | 250 | 284 | 333 | 363 | 348 | 389 | 381 | 400 | 397 | 419 | 443 |
| Operating Profit | 45 | 51 | 52 | 58 | 66 | 67 | 80 | 75 | 78 | 81 | 82 | 86 |
| OPM % | 15% | 17% | 15% | 15% | 15% | 16% | 17% | 16% | 16% | 17% | 16% | 16% |
| Other Income | 13 | 3 | 32 | 3 | 26 | 6 | 4 | 7 | 21 | 7 | 5 | 1 |
| Interest | 11 | 14 | 14 | 17 | 19 | 13 | 19 | 21 | 19 | 21 | 22 | 23 |
| Depreciation | 13 | 16 | 16 | 17 | 20 | 21 | 22 | 26 | 26 | 27 | 27 | 28 |
| Profit before tax | 33 | 25 | 54 | 28 | 53 | 39 | 42 | 37 | 54 | 40 | 37 | 36 |
| Tax % | 32% | 38% | 14% | 30% | 28% | 26% | 14% | 37% | 26% | 29% | 29% | 19% |
| Net Profit | 22 | 16 | 46 | 19 | 38 | 29 | 36 | 23 | 40 | 28 | 27 | 30 |
| EPS in Rs | 6.87 | 4.90 | 14.35 | 6.04 | 10.72 | 7.64 | 9.60 | 6.08 | 10.65 | 7.49 | 7.07 | 7.83 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 525 | 518 | 954 | 1,100 | 1,244 | 1,705 | 1,913 | 1,985 |
| Expenses | 447 | 439 | 821 | 949 | 1,063 | 1,433 | 1,597 | 1,659 |
| Operating Profit | 78 | 80 | 133 | 151 | 181 | 271 | 316 | 327 |
| OPM % | 15% | 15% | 14% | 14% | 15% | 16% | 17% | 16% |
| Other Income | 4 | 19 | 16 | 18 | 48 | 39 | 40 | 34 |
| Interest | 34 | 30 | 40 | 45 | 51 | 68 | 83 | 85 |
| Depreciation | 27 | 30 | 39 | 45 | 59 | 81 | 105 | 107 |
| Profit before tax | 20 | 39 | 71 | 80 | 119 | 162 | 168 | 167 |
| Tax % | 14% | 25% | 26% | 26% | 25% | 24% | 30% | |
| Net Profit | 17 | 29 | 52 | 59 | 90 | 122 | 118 | 124 |
| EPS in Rs | 5.34 | 8.97 | 16.18 | 18.36 | 27.99 | 32.48 | 31.29 | 33.04 |
| Dividend Payout % | 0% | 0% | 13% | 15% | 5% | 5% | 8% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 30% | 20% | 12% | ||
| Compounded Profit Growth | % | 32% | 26% | -1% | ||
| Stock Price CAGR | 37% | 49% | 23% | 14% | ||
| Return on Equity | % | 17% | 16% | 13% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 16 | 16 | 16 | 16 | 19 | 19 | |
| Reserves | 220 | 268 | 318 | 457 | 880 | 968 | |
| Borrowings | 318 | 393 | 356 | 628 | 690 | 811 | |
| Other Liabilities | 148 | 280 | 287 | 290 | 416 | 340 | |
| Total Liabilities | 701 | 957 | 978 | 1,391 | 2,004 | 2,138 | |
| Fixed Assets | 285 | 327 | 364 | 465 | 1,027 | 1,153 | |
| CWIP | 1 | 1 | 24 | 122 | 63 | 50 | |
| Investments | 16 | 16 | 15 | 0 | 0 | 0 | |
| Other Assets | 399 | 613 | 574 | 804 | 914 | 935 | |
| Total Assets | 701 | 957 | 978 | 1,391 | 2,004 | 2,138 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 32 | 88 | 222 | 80 | 289 | 205 | |
| Cash from Investing Activity | -66 | -93 | -104 | -247 | -536 | -175 | |
| Cash from Financing Activity | 28 | 12 | -87 | 203 | 269 | -9 | |
| Net Cash Flow | -6 | 7 | 32 | 37 | 22 | 21 | |
| Free Cash Flow | -33 | 10 | 118 | -129 | -58 | 2 | |
| CFO/OP | 47% | 80% | 170% | 50% | 120% | 76% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 121 | 78 | 60 | 63 | 55 | 39 | |
| Inventory Days | 171 | 147 | 112 | 136 | 118 | 124 | |
| Days Payable | 115 | 119 | 117 | 113 | 118 | 77 | |
| Cash Conversion Cycle | 178 | 106 | 55 | 86 | 55 | 87 | |
| Working Capital Days | 24 | 23 | 9 | 16 | 3 | 22 | |
| ROCE % | 18% | 18% | 19% | 17% | 15% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 59.29% | 59.29% | 59.29% | 59.29% | 53.58% | 54.17% | 54.17% | 54.17% | 54.17% | 54.17% | 54.17% | 54.17% |
| FIIs | 0.13% | 0.22% | 0.50% | 0.79% | 1.29% | 1.31% | 0.90% | 0.79% | 0.87% | 0.93% | 1.12% | 1.54% |
| DIIs | 5.51% | 6.56% | 5.88% | 5.87% | 17.53% | 18.36% | 18.80% | 19.15% | 20.53% | 20.23% | 20.23% | 20.10% |
| Public | 35.07% | 33.94% | 34.33% | 34.04% | 27.61% | 26.15% | 25.27% | 24.85% | 22.78% | 22.71% | 22.52% | 22.20% |
| Others | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.85% | 1.03% | 1.65% | 1.97% | 1.97% | 1.97% |
| No. of Shareholders | 34,506 | 41,372 | 43,750 | 45,703 | 50,993 | 54,531 | 53,368 | 54,800 | 39,520 | 37,953 | 37,405 | 37,224 |
Fundamentals
Market Cap₹ 4,265 Cr.
Current Price₹ 1,131
Stock P/E34.3
Book Value₹ 262
ROCE14.8 %
ROE12.5 %
Dividend Yield0.22 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)12%
Compounded Profit Growth (TTM)-1%
Consolidated figures.
Valuation
Market capRs 3,603 Cr
Enterprise valueRs 3,894 Cr
P/E (TTM)28.96x
Price to book10.79x
Price to sales1.81x
EV / EBITDA10.81x
EV / EBIT15.41x
EV / sales1.96x
Price to cash flow16.22x
Earnings yield3.45%
Dividend yield0.24%
P/E, 3-year average14.04x
P/B, 3-year average2.38x
Profitability
Operating margin (excl. other income)13.76%
Operating margin (incl. other income)15.38%
EBITDA margin18.14%
Pre-tax margin8.42%
Net profit margin6.27%
Net margin, latest quarter5.58%
ROE19.04%
ROCE18.22%
ROA6.08%
ROE, 3-year average17.07%
ROCE, 3-year average16.15%
ROA, 3-year average5.48%
ROIC (approx.)29.76%
Tax rate26.38%
Other income / net worth5.34%
Growth
Sales growth (latest year)15.34%
Profit growth (latest year)13.42%
Sales CAGR, 3 years27.96%
Profit CAGR, 3 years50.96%
Sales growth QoQ5.59%
Profit growth QoQ10.86%
Sales growth YoY (latest quarter)15.89%
Profit growth YoY (latest quarter)28.93%
Per share
EPS (TTM)Rs 38.81
EPS (latest year)Rs 18.35
EPS (latest quarter)Rs 9.20
EPS, 3-year averageRs 14.50
Book value per shareRs 104.20
Sales per shareRs 619.29
Cash flow per shareRs 69.30
Free cash flow per shareRs 0.62
Dividend per share (latest year)Rs 2.70
Dividend per share, 3-year averageRs 2.36
Dividends
Dividend payout14.72%
Dividend payout, 3-year average13.62%
Efficiency
Asset turnover1.12x
Fixed asset turnover3.02x
Inventory turnover3.40x
Inventory days107 days
Debtor days60 days
Debtors turnover6.06x
Creditor days77 days
Cash conversion cycle87 days
Working capital days22 days
Leverage
Total debtRs 356 Cr
Cash and bankRs 65 Cr
Net debtRs 291 Cr
Debt to equity1.07x
Net debt / EBITDA0.81x
Interest coverage2.96x
Current ratio (filing 2026-03-31)1.40x
Quick ratio (filing 2026-03-31)0.79x
Trade payables (filing 2026-03-31)Rs 243 Cr
Owners' fund to total sources34.16%
Debt to assets36.45%
Cash flow
Cash from Operating Activity (latest year)Rs 222 Cr
Cash from Investing Activity (latest year)Rs -104 Cr
Cash from Financing Activity (latest year)Rs -87 Cr
Net Cash Flow (latest year)Rs 32 Cr
Free cash flow (latest year)Rs 2 Cr
FCFE (approx.: FCF + change in debt)Rs -34 Cr
Cash from ops / profit, 5 years2.00x
Sales to cash flow4.95x
Statement figures
Net sales (TTM)Rs 1,985 Cr
Net sales (latest year)Rs 1,100 Cr
Sales (latest quarter)Rs 529 Cr
Operating profit excl. other income (latest year)Rs 151 Cr
Operating profit (latest quarter)Rs 86 Cr
Other income (TTM)Rs 34 Cr
EBITDA (TTM)Rs 360 Cr
PBDT (TTM)Rs 275 Cr
Profit before tax (TTM)Rs 167 Cr
Tax (latest year)Rs 21 Cr
Net profit (TTM)Rs 124 Cr
Net profit (latest year)Rs 59 Cr
Net profit (latest quarter)Rs 30 Cr
Depreciation (TTM)Rs 107 Cr
Depreciation (latest quarter)Rs 28 Cr
Interest (TTM)Rs 85 Cr
Cost of goods sold (latest year)Rs 815 Cr
Total expenditure (latest year)Rs 949 Cr
Total income (latest year)Rs 1,118 Cr
Share capitalRs 16 Cr
ReservesRs 318 Cr
Shareholders' fundsRs 334 Cr
Total assetsRs 978 Cr
Net blockRs 364 Cr
Capital work in progressRs 24 Cr
InvestmentsRs 15 Cr
ReceivablesRs 181 Cr
InventoryRs 239 Cr
Other liabilitiesRs 287 Cr
Shares outstanding (crore)3.21
Ownership
Promoter holding54.17% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 29.0 is at the 46th percentile of its own 3.4-year range
(median 29.4, low 17.3, high 168.9).
P/B 10.79 is at the 41th percentile (median 11.04).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | PITTIENG | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.2% | -2.8% | -0.4 pts |
| 1 month | +4.6% | -6.8% | +11.4 pts |
| 3 months | +15.3% | -7.6% | +23.0 pts |
| 6 months | +63.3% | +0.4% | +62.9 pts |
| 1 year | +11.3% | -9.9% | +21.2 pts |
| 2 years | -12.5% | -13.6% | +1.1 pts |
| 3 years | +86.4% | +14.2% | +72.2 pts |
| 5 years | +621.5% | +27.9% | +593.6 pts |
20 mutual fund schemes hold about ₹569 Cr.
Over three months 3 bought more and 7 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| SBI ELSS Tax Saver Fund | 0.38% | 122 | -1% |
| SBI Infrastructure Fund | 1.84% | 89 | -0% |
| Aditya Birla SL Value Fund | 1.26% | 87 | +22% |
| HSBC Flexi Cap Fund | 1.31% | 79 | -1% |
| UTI Small Cap Fund | 0.74% | 39 | -6% |
| Aditya Birla SL Transportation and Logistics Fund | 2.03% | 34 | -14% |
| SBI Retirement Benefit Fund-Aggressive Plan | 0.86% | 28 | -5% |
| HSBC Infrastructure Fund | 0.85% | 21 | -2% |
| Aditya Birla SL Special Opp Fund | 1.09% | 14 | +82% |
| SBI Retirement Benefit Fund-Aggressive Hybrid Plan | 0.76% | 13 | -5% |
| Aditya Birla SL Small Cap Fund | 0.20% | 12 | -72% |
| Aditya Birla SL Multi Asset Allocation Fund | 0.15% | 12 | -10% |
| UTI Infrastructure Fund | 0.32% | 7 | +5% |
| HSBC Business Cycles Fund | 0.53% | 7 | -5% |
| Aditya Birla SL ESG Integration Strategy Fund | 0.63% | 4 | -4% |
| SBI Children's Fund-Savings Plan | 0.97% | 1 | -4% |
| SBI Retirement Benefit Fund-Conservative Hybrid Plan | 0.36% | 1 | -1% |
| SBI Retirement Benefit Fund-Conservative Plan | 0.21% | 0 | +2% |
| Motilal Oswal BSE 1000 Index Fund | 0.01% | 0 | -1% |
| Aditya Birla SL Infrastructure Fund | 0.00% | 0 | -100% |
Red flags
F-score 7 of 8No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹529 Cr +15.8% vs Jun 2025.
Net profit ₹30 Cr +30.4%.
Against our estimate for Jun 2026: sales +4.4%, profit +5.2% in line. Our estimate for Sep 2026: sales Rs 532 Cr, profit Rs 31 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Indo-MIM Ltd | 61,719 | 95.6 | 25.0 % |
| Aditya Infotech Ltd | 46,814 | 98.1 | 28.6 % |
| Syrma SGS Technology Ltd | 32,638 | 87.9 | 16.8 % |
| Honeywell Automation India Ltd | 30,038 | 53.7 | 17.0 % |
| Jyoti CNC Automation Ltd | 24,091 | 74.9 | 21.3 % |
| Kaynes Technology India Ltd | 23,605 | 68.0 | 12.7 % |
| LMW Ltd | 18,115 | 99.2 | 5.58 % |
| Lloyds Engineering Works Ltd | 15,850 | 70.9 | 16.1 % |
| Tega Industries Ltd | 15,481 | 8.14 % | |
| Kennametal India Ltd | 8,878 | 45.3 | 33.2 % |
| Dynamatic Technologies Ltd | 8,873 | 151 | 10.2 % |
| Standard Engineering Technology Ltd | 8,557 | 100 | 14.7 % |
| Raymond Ltd | 7,894 | 46.9 | 3.14 % |
| Omnitech Engineering Ltd | 6,939 | 66.8 | 17.6 % |
| GMM Pfaudler Ltd | 6,641 | 52.7 | 13.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-09-11 | Dividend - Rs 2.50 Per Share | |
| 2025-09-19 | Dividend - Rs 1.50 Per Share | |
| 2024-09-13 | Annual General Meeting/Dividend - Rs 1.50 Per Share | |
| 2023-08-11 | Annual General Meeting/Dividend - Rs 1.20 Per Share | |
| 2023-02-24 | Interim Dividend - Rs 1.50 Per Share | |
| 2022-09-15 | Annual General Meeting/Dividend - Rs 0.85 Per Share | |
| 2022-02-18 | Interim Dividend - Rs 0.40 Per Share | |
| 2021-11-17 | Interim Dividend - Rs 0.40 Per Share | |
| 2021-09-16 | Annual General Meeting | |
| 2021-08-13 | Interim Dividend - Rs 0.375 Per Share | |
| 2020-09-17 | Annual General Meeting | |
| 2019-09-11 | Annual General Meeting | |
| 2018-09-14 | Annual General Meeting | |
| 2017-08-29 | Annual General Meeting | |
| 2016-09-15 | Annual General Meeting | |
| 2015-09-18 | Annual General Meeting / Dividend - Re 0.625/- Per Share | |
| 2015-04-16 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share | 0.5000 |
| 2015-02-09 | Interim Dividend - Re 0.75/- Per Share | |
| 2014-09-12 | Annual General Meeting / Dividend - Re 1/- Per Share | |
| 2013-09-05 | Annual General Meeting And Dividend Re.1/- Per Share | |
| 2012-07-27 | Annual General Meeting And Dividend Rs.3/- Per Share (Bc Dates Revised) | |
| 2011-08-08 | Annual General Meeting And Dividend Re.1/- Per Share | |
| 2010-09-15 | Annual General Meeting | |
| 2009-09-15 | Agm/Div-Re.1/- Per Share | |
| 2008-08-22 | Agm/Dividend - 20% | |
| 2007-08-21 | Agm/Dividend-20% |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Pitti Engineering Ltd?
Pitti Engineering Ltd (PITTIENG) has a market capitalisation of Rs 4,265 Cr. at the 2026-10-01 close.
What is the P/E ratio of Pitti Engineering Ltd?
Pitti Engineering Ltd trades at a P/E of 34.3 on trailing twelve-month profit, at the 2026-10-01 close.
What were Pitti Engineering Ltd's latest quarterly results?
In the Jun 2026 quarter, Pitti Engineering Ltd sales was Rs 529 Cr (+15.8% vs Jun 2025) and net profit was Rs 30 Cr.
What is the 52-week high and low of Pitti Engineering Ltd?
The 52-week high is Rs 1,228.00 and the 52-week low is Rs 675.00.