PITTIENGNSEPitti Engineering LimitedMediumNeutral
Announced Sun, 17 May · 15:22 IST

Pitti Engineering Limited has informed the Exchange about Investor Presentation

Order Pipeline DisclosedMgmt Guided Margin ImprovementInvestor Communications View source PDF

PITTIENG · price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close
+1.1%1-day move
₹901.00
prior close
₹885.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+0.2-0.6+0.7+1.1+2.5+4.0+4.6+3.8+7.8+0.8+9.4+3.1
Up moveDown movePending
AI summary

Pitti Engineering reported FY26 total income of Rs 1,953 Crores, up 12% from Rs 1,743 Crores in FY25. Adjusted EBITDA grew 20% to Rs 326 Crores with margins expanding to 17.0% from 15.9%. However, PAT margin contracted to 6.7% from 7.2% due to higher ESOP costs of Rs 10.3 Crores. Capacity utilization improved significantly - Sheet metals to 80%, Machining to 87%, and Castings to 64% in Q4FY26. The company has approved Rs 150 Crores ongoing capex (Rs 100 Crores already incurred) and a new Rs 290 Crores greenfield facility targeting >2x casting capacity by Q1FY30. Strong order visibility from Caterpillar, Voith, Progress Rail, Siemens Mobility and Medha Servo across data centers, mining, railways sectors.

Likely market impact

The company shows improving operational efficiency with capacity utilization gains and margin expansion, but PAT margins are under pressure from ESOP costs. The substantial capex plans (Rs 440 Crores combined) signal confidence in long-term demand but will require careful debt management.