Press release regarding ''Consolidated Financial Results Q4FY26 & FY26''
PITTIENG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Pitti Engineering reported FY26 total income of Rs. 1,953 crore, up 12% YoY, with adjusted EBITDA of Rs. 326 crore growing 20% YoY and margins expanding to 17.0%. The company announced a Rs. 290 crore greenfield capex for a new casting and machined components facility targeted for Q1FY30, which will double casting capacity to 36,000 MT. Q4FY26 revenue was Rs. 506 crore with 16.8% EBITDA margin. Management cited strong demand from railways, power, industrial, mining, and oil & gas sectors, with exports contributing 27% of revenue. The company also sees growth opportunities in data centers and renewable energy segments.
Strong margin expansion and multi-year capacity expansion plans signal confidence in sustained demand growth, likely positive for the stock near-term despite challenging geopolitical environment for exports.