Pitti Engineering Q1 FY27: Revenue up 16% YoY at Rs 529 cr, margins to improve to 18%+
PITTIENG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Pitti Engineering Q1 FY27 revenue up 16% YoY at Rs 529 cr; EBITDA Rs 89 cr (16.8% margin), PAT Rs 32 cr. Lamination volumes rose 19% to 19,200 tons; FY27 target raised to 82,000 tons from 78,000. Margins guided to improve to 18-18.5% on operating leverage. Rs 290 cr Greenfield Casting Capex in Hyderabad is underway, with Rs 60 cr already spent. EBITDA target around Rs 370 cr this year; next year turnover above Rs 2,500 cr at 17-17.2% margin. Mining segment grew from 5% to 10% of revenue. Net debt around Rs 491 cr.
Positive: margin expansion guidance, volume upgrades, and Capex execution underway. Track Lamination utilization and Hyderabad project commissioning for stock moves.