Pitti Engineering Limited has informed the Exchange about Transcript

Pitti Engineering reported strong Q1 FY-26 results with consolidated revenue of INR 457 crores, up 17% year-on-year, and EBITDA of INR 75 crores (up 30%), with margins expanding 170 basis points to 16.5%. Profit after tax grew 17% to INR 23 crores. The Board approved a fresh INR 150 crore capital expenditure over 18 months (with INR 40 crore carried forward) to expand sheet metal, machining, and casting capacities, targeting near peak utilization by Q4 FY-26. Management reiterated ~15% top-line growth guidance for FY-26 (revenue ~INR 2,000 crores) and indicated the earlier FY-27 revenue guidance of INR 2,100-2,200 crores will be revised upward, with margin growth expected as operating leverage kicks in. The company is monitoring US tariffs (only ~9-10% of revenue exposed) but sees strong order pipeline visibility, including a new data center platform worth INR 20+ crores annually at peak. Net debt rose to INR 525 crores from INR 470 crores, mainly due to raw material stocking amid BIS-related supply disruptions, expected to normalize by December.