NSE: PRITIKAUTO · BSE: 539359
PRITIKA AUTO INDUS LTD
Manufactures iron castings for automotive original equipment manufacturers (OEMs), with products including gearboxes, transmission cases and differential carriers. FY26 production reached a record 52,620 metric tons (MT) against installed capacity of 72,000 MT, which equates to roughly 73-74% utilisation as quoted by management. Customer base spans tractor and commercial-vehicle OEMs, including Mahindra Swaraj, TAFE, Escorts Kubota and Kion, and the company grew 34% versus industry growth of 16-17% in FY26. It is shifting its product mix toward large castings and scaling Lost Foam Casting (LFC) technology from 10-15% of mix to a targeted 30% within three years. Revenue was INR 482.95 crore in FY26 (+35.3% YoY), with Q4 FY26 at INR 138.46 crore (+36.2% YoY); Q4 EBITDA margin dipped to 12.02% due to a March spike in raw material and gas costs, with management expecting a recovery to 15-16% from Q1 FY27. A US subsidiary (Omnia Engineering Inc., Delaware) was acquired for $50,000 (first tranche of a $100,000 total investment) to access US customers directly, and railways revenue is expected to start contributing from FY27. South Korea exports have begun and Europe is under evaluation. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Automotive castings (tractors, commercial vehicles and allied OEMs), Exports and overseas operations, Railways castings. Asset-heavy auto-components foundry, capacity-expanding, exposed to tractor/CV demand cycle
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 271 | 362 | 342 | 357 | 483 |
| EBITDA (ex other income) | 30 | 42 | 52 | 57 | 71 |
| margin % | 11.1 | 11.5 | 15.3 | 16.0 | 14.7 |
| Owners' profit | 14 | 15 | 13 | 17 | 21 |
| EPS, as reported (₹) | 1.62 | 1.77 | 1.18 | 1.03 | 1.26 |
| ROE % · ROCE % | 10.4 · 14.5 | 9.2 · 13.4 | 7.5 · 12.4 | 9.3 · 13.5 | 8.5 · 13.8 |
| Debt / equity (x) | 0.53 | 0.56 | 0.67 | 0.66 | 0.71 |
| Cash from operations | 19 | 5 | 42 | 35 | 71 |
| Capex | (17) | (22) | (96) | (52) | (67) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 86 | 81 | 102 | 115 | 116 | 113 | 138 | 145 |
| Profit before tax | 13 | 5 | 6 | 8 | 9 | 8 | 6 | 8 |
| Net profit | 11 | 4 | 4 | 6 | 7 | 6 | 5 | 7 |
| EPS (₹) | 0.45 | 0.19 | 0.19 | 0.26 | 0.36 | 0.31 | 0.26 | 0.37 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SAMVRDHNA MTHRSN INTL LTD | 1,69,176 | 38.6 | 3.87 | 15.1 | 9.4 | 8.2 | 17.1 | 9.0 |
| BOSCH LIMITED | 1,39,756 | 59.1 | 9.41 | 34.3 | 18.7 | 24.1 | 15.6 | 17.9 |
| BHARAT FORGE LTD | 83,937 | 118.9 | 8.78 | 30.3 | 11.4 | 13.2 | 21.6 | 8.8 |
| UNO MINDA LIMITED | 63,520 | 52.8 | 8.75 | 29.1 | 17.7 | 15.7 | 25.3 | 10.4 |
| SCHAEFFLER INDIA LIMITED | 56,735 | 45.3 | 9.23 | — | 10.4 | 14.1 | — | 19.4 |
| SONA BLW PRECISION FRGS L | 54,705 | 78.5 | 8.92 | 47.5 | 10.3 | 12.9 | — | 25.1 |
| TUBE INVEST OF INDIA LTD | 41,237 | 67.9 | 2.90 | 15.9 | 7.9 | 12.4 | 30.3 | 10.6 |
| ENDURANCE TECHNO. LTD. | 32,484 | 33.5 | 4.75 | 15.9 | 13.9 | 15.6 | 17.4 | 13.2 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 10.8 | 25.3 | 15 of 119 | 88% |
| P/B | 0.8 | 3.2 | 9 of 117 | 92% |
| ROCE | 8.1 | 12.6 | 88 of 125 | 30% |
| ROE | 8.5 | 11.7 | 78 of 117 | 34% |
| Debt / Equity | 0.7 | 0.3 | 93 of 117 | 21% |
| EBITDA margin | 14.0 | 12.2 | 45 of 118 | 62% |
| Revenue growth | 26.5 | 20.2 | 40 of 113 | 65% |
| Profit growth | 16.7 | 24.4 | 61 of 115 | 47% |
| Market cap | 234 | 1460 | 93 of 126 | 26% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 8 Oct 2026 · Win in GST refund writ petition at Himachal Pradesh High Court | regulatory legal | high | — | — |
| 5 Oct 2026 · RTA compliance certificate filed for Q2 FY26, no physical shares for demat | compliance | minimal | — | — |
| 30 Sept 2026 · Ajay Kumar elevated to Joint Managing Director | management changes | medium | — | — |
| 30 Sept 2026 · Re-appointment of Directors approved at 46th AGM | management changes | medium | — | — |
| 30 Sept 2026 · 46th AGM voting results: all 11 resolutions passed with strong majority | board shareholder meetings | low | — | — |
| 29 Sept 2026 · 46th AGM proceedings held on Sept 29, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 24 Sept 2026 · Trading window closed from Oct 1 ahead of Q2 FY26 results | compliance | minimal | — | — |
| 3 Sept 2026 · AGM Notice Published: 46th AGM on 29 Sep 2026 via Video Conferencing | compliance | minimal | — | — |
| 2 Sept 2026 · Annual Report FY26 and 46th AGM Notice submitted | board shareholder meetings | medium | — | — |
| 2 Sept 2026 · 46th AGM notice on Sep 29, 2026; RPT approvals and director changes | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.