PILITA

Pil Italica Lifestyle financials

Market cap
₹180 Cr

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)
Founded 1992Headquarters Udaipur, RajasthanEmployees 235 (FY26) Company website

Quarterly results

Q1 FY27: revenue down 30.5%, net profit down 87.7% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue22 30 27 24 28 +27%30 −1%27 −0%17 −30%
EBITDA2 2 3 3 2 −12%2 −6%2 −12%1 −61%
Net profit1 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

₹6.0₹8.0₹10.0₹12.0₹14.0Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

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 endingFY23FY24FY25FY26
Revenue₹85 Cr₹97 Cr₹100 Cr₹108 Cr
Operating profit₹6 Cr₹8 Cr₹9 Cr₹9 Cr
Operating margin6.8%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 margin3.6%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
ROCE6.0%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 endingFY21FY22FY23FY24FY25FY26
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

Sep '23Dec '24Jun '26

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 was buying across the market this quarter →

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.

HolderStakeChange
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 trap

To 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
Price today ₹7.84 Value at the reference growth ₹2.48

Change the assumptions yourself →