PILITA
Pil Italica Lifestyle financials
- Market cap
- ₹180 Cr
- Sector
- Consumer Durables
What Pil Italica Lifestyle Limited does
PIL Italica Lifestyle Limited manufactures plastic furniture (chairs, stools, tables, storage cabinets), industrial material-handling crates, and waste-management products such as dustbins and wastebins, all marketed under the Italica brand. It operates two manufacturing facilities, in Udaipur (Rajasthan) and Silvassa, producing over 150 mould variants across its product range. The company distributes through a pan-India network of dealers, distributors and fulfilment centres, with products used in homes, offices, hospitality venues, and public infrastructure such as municipal corporations, hospitals, railway stations and airports, as well as industrial supply chains including e-commerce and logistics.
Segments
- Plastic Furniture Products
- Material Handling Solutions
- Waste Management Products
- Manufacturing facilities
- 2 (Udaipur, Rajasthan flagship plant; Silvassa unit)
- Cumulative manufacturing capacity
- 8,450 MTPA (FY26)
- Dealer & distributor network
- 4,538
- States & Union Territories covered
- 22
- Fulfilment centres
- 13
- Advanced moulds
- 150+ (Udaipur), 51 (Silvassa)
Quarterly results
Q1 FY27: revenue down 30.5%, net profit down 87.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 22 | 30 | 27 | 24 | 28 +27% | 30 −1% | 27 −0% | 17 −30% |
| EBITDA | 2 | 2 | 3 | 3 | 2 −12% | 2 −6% | 2 −12% | 1 −61% |
| Net profit | 1 | 2 | 1 | 2 | 1 +6% | 1 −54% | 1 +1% | 0 −88% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −45.3% 1Y
1Y: ₹14.33 on 10 Sept 2025 → ₹7.84. High ₹15.19 (17 Sept 2025), low ₹6.41 (30 Mar 2026).
Financials, as filed
Revenue grew 8.3% a year over 3 years, FY23 to FY26. Operating margin widened to 8.3%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹85 Cr | ₹97 Cr | ₹100 Cr | ₹108 Cr |
| Operating profit | ₹6 Cr | ₹8 Cr | ₹9 Cr | ₹9 Cr |
| Operating margin | 6.8% | 8.3% | 9.4% | 8.3% |
| Interest | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹1 Cr |
| Depreciation | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹2 Cr |
| Net profit | ₹3 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr |
| Net margin | 3.6% | 4.8% | 5.2% | 4.2% |
| Cash from operations | ₹8 Cr | ₹12 Cr | ₹22 Cr | ₹2 Cr |
| Free cash flow | ₹5 Cr | ₹-4 Cr | ₹8 Cr | ₹-5 Cr |
| ROCE | 6.0% | 8.0% | 9.0% | 8.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹24 Cr | ₹24 Cr | ₹24 Cr | ₹24 Cr | ₹24 Cr | ₹24 Cr |
| Reserves | ₹41 Cr | ₹43 Cr | ₹46 Cr | ₹51 Cr | ₹59 Cr | ₹60 Cr |
| Borrowings | ₹6 Cr | ₹14 Cr | ₹11 Cr | ₹16 Cr | ₹15 Cr | ₹15 Cr |
| Other liabilities | ₹5 Cr | ₹4 Cr | ₹6 Cr | ₹7 Cr | ₹11 Cr | ₹11 Cr |
| Total liabilities | ₹75 Cr | ₹84 Cr | ₹87 Cr | ₹97 Cr | ₹108 Cr | ₹110 Cr |
| Fixed assets | ₹7 Cr | ₹13 Cr | ₹16 Cr | ₹31 Cr | ₹46 Cr | ₹48 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Other assets | ₹67 Cr | ₹69 Cr | ₹69 Cr | ₹64 Cr | ₹60 Cr | ₹60 Cr |
| Total assets | ₹75 Cr | ₹84 Cr | ₹87 Cr | ₹97 Cr | ₹108 Cr | ₹110 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 6% to 50,332.
- Promoters
- 50.1%
- DIIs
- 0.8%
- Public
- 49.1%
Since Jun 2025
- Promoters 0.00 pp
- FIIs 0.00 pp
- DIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 50.1%, FIIs 0.1%, DIIs 0.6%, Public 49.2%.Dec '23: Promoters 50.1%, FIIs 0.0%, DIIs 0.6%, Public 49.2%.Mar '24: Promoters 50.1%, FIIs 0.2%, DIIs 0.6%, Public 49.0%.Jun '24: Promoters 50.1%, FIIs 0.2%, DIIs 0.6%, Public 49.0%.Sep '24: Promoters 50.1%, FIIs 0.2%, DIIs 0.6%, Public 49.0%.Dec '24: Promoters 50.1%, DIIs 0.7%, Public 49.3%.Mar '25: Promoters 50.1%, DIIs 0.7%, Public 49.3%.Jun '25: Promoters 50.1%, DIIs 0.8%, Public 49.1%.Sep '25: Promoters 50.1%, DIIs 0.8%, Public 49.1%.Dec '25: Promoters 50.1%, DIIs 0.8%, Public 49.1%.Mar '26: Promoters 50.1%, DIIs 0.8%, Public 49.1%.Jun '26: Promoters 50.1%, DIIs 0.8%, Public 49.1%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Pil Italica Lifestyle Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Da Tradetech Private Limited | 49.96% | unchanged |
| Park Continental Private Limited | 4.93% | unchanged |
| Sanjeev Gorwara Huf | 1.70% | unchanged |
| Raksha Gorwara | 1.26% | unchanged |
| Daud Ali | 0.13% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
Growth trapTo justify its price of ₹8, this stock must grow earnings at 36% every year for 7 years. Our analysis caps realistic growth at ~13%. At that growth it is worth ₹2 — downside of 68%.
- Growth the price implies
- 36.0% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 11.6% a year
- net profit, FY23–FY26 · EPS 13.1%
- The gap
- 0.2 pp
- -68% downside if it only repeats history
Learn to analyse Pil Italica Lifestyle Limited
Guides on how to read this kind of business and the numbers that matter.