Outcome of Board meeting

Net loss reportedEBITDA margin compressionExceptional itemResults View source PDF Explain this filing

PITTIENG · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.7%Reaction day

₹895.00

prior close

₹881.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%+1.0% vs market

Industrial Products peers, median of 128sector-0.7%+1.4% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 1.4 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.0

10m

-2.7

15m

-2.4

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.7-0.4+1.0-0.7+1.4

Next day

+1.5-1.7+3.2-2.1+3.5

+1.8-1.3+3.1-1.8+3.6

+3.2-0.7+3.9-1.4+4.6

+4.6+0.4+4.2-0.6+5.2

+5.3+0.5+4.8-1.8+7.1

+3.8+2.8+1.0+0.8+3.0

15d

+2.2+1.2+1.0-2.2+4.5

+9.3+5.3+4.0+0.3+9.0

+6.4+9.9-3.6+4.5+1.8

+17.1+13.1+4.0+2.9+14.2

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 128Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Pitti Engineering's Board approved FY2026 audited results showing revenue from operations of ₹15,900 crore (up 4.3% YoY from ₹15,245 crore), while profit after tax declined 8.7% to ₹975 crore (from ₹1,068 crore). EPS fell to ₹26.30 from ₹29.11. The auditors issued an unmodified (clean) opinion on both standalone and consolidated results. The Board recommended a final dividend of ₹2.50 per share (50% on ₹5 face value). Additionally, the Board approved ₹290 crore capex for a greenfield casting and machined components facility in Macharam, Telangana, to be funded via internal accruals and lease finance, with completion in 3 years. This will double casting capacity to 36,000 MT per annum. The existing Hosakote facility is proposed to be monetized post-commissioning.

Likely market impact

Revenue grew modestly while PAT declined significantly, indicating margin compression. The ₹290 crore capex signals confidence in demand outlook but increases future capital obligations. Clean audit opinion removes going concern concerns.