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Pitti Engineering share price & results

Pitti Engineering Limited· Capital Goods· Industrials

Results to
Sept 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

India's largest maker of electrical steel laminations and machined castings for motors and rail traction

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue578 ₹ crore+20.9% YoYQuarterly, as filedQuarter to Sept 2026Revenue from operations as filed.
Operating margin15.0 %−1.0 pts YoYOperating profit / revenueQuarter to Sept 2026For the quarter; a change is in percentage points.
Net profit34.0 ₹ crore−15.0% YoYQuarterly, as filedQuarter to Sept 2026Profit after tax as filed.
Return on equity13.26 %−5.3 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin0.10 %+3.4 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)12.15 %−24.9 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Sept 2026

Guidance

What management said, and what became of it

1 of 7 judged targets kept · 18 open · verdicts reflect calls analysed to Q1 FY27.

Pitti Engineering Limited management guidance track record on Inve: 25 targets tracked across analysed earnings calls (1 achieved, 6 missed, 18 open).

TargetOriginal wordingSaidLatest callVerdict
Capital ExpenditureINR 150 crores to be deployed over the next 18 months
Call transcript, Q1 FY26 · 8 Aug 2025
Q1 FY26Q1 FY27:We have recently commenced operations of the previously announced 150 crores Capex, which was announced last year.
Call transcript, Q1 FY27 · 11 Aug 2026
Achieved
Net Debtabout ₹200 odd crores by end of FY25
Call transcript, Q2 FY25 · 14 Nov 2024
Q2 FY25Q1 FY27:Promise deadline passed. No new updates.
Call transcript, Q1 FY27 · 11 Aug 2026
Ghosted
Consolidated Lamination Sales Volumeabout 72,000 tons as our sales number for FY '27
Call transcript, Q2 FY25 · 14 Nov 2024
Q2 FY25Q1 FY27:Therefore, we are revising our annual target to 82,000 tons for Lamination from 78,000 tons, as previously stated in Q4 Conference Call.
Call transcript, Q1 FY27 · 11 Aug 2026
Revised Up

Source: Inve Guidance Tracker for Pitti Engineering Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

6 of Pitti Engineering Limited's 25 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 22 more targets are in the full ledger.

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Price

₹859.8 +0.43% · +₹3.7

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −8.1% 1Y

₹0.8k₹1.0k₹1.2kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 10 Nov 2025Q3 FY26 — 6 Feb 2026Q4 FY26 — 18 May 2026Q1 FY27 — 11 Aug 2026

1Y: ₹935.85 on 24 Oct 2025 → ₹859.8. High ₹1,176.2 (7 Sept 2026), low ₹685.05 (21 Jan 2026).

Previous close
₹856.1
Market cap
₹3.2k Cr
52-week range
₹685.05 – ₹1,176.2
One year
−8.43%
Price to earnings (TTM to Jun 2026)
25.79×
Return on equity (TTM to Jun 2026)
13.26%

Overview

Symbol
NSE:PITTIENG
Industry
Industrials
Exchange
NSE
Currency
INR

What Pitti Engineering Limited does

Based on the company's own presentations, annual report and earnings calls.

Pitti Engineering manufactures electrical steel laminations, stator and rotor assemblies, machined castings and other precision-engineered components that go inside electric motors, generators and rail traction systems. It runs six manufacturing facilities across Telangana, Maharashtra and Karnataka, supplying rotating electrical equipment and machined/cast components to OEMs across railways, renewable energy, power generation, data centres, mining, and pump-motor applications. Its subsidiaries Pitti Industries Private Limited and Dakshin Foundry Private Limited add machined-component and iron/steel foundry-casting capabilities, and the company exports to customers across multiple countries and continents, serving marquee global clients such as Caterpillar, Voith, Progress Rail, Siemens Mobility, Medha Servo and Wabtec.

Segments

  • Rotating Electrical Equipment
  • Machined Components
  • Foundry / Castings
Manufacturing facilities
6 plants (3 in Telangana, 1 in Maharashtra, 2 in Karnataka)
Market position
India's largest manufacturer and exporter of electrical steel laminations; leading supplier to all motor manufacturers in India
Sheet-metal (lamination) installed capacity
90,000 MT per year
Machining installed capacity
7,20,000 machine hours per year
Casting installed capacity
18,600 MT per year
Export footprint
11+ countries across 6 continents, including US, Mexico, Germany, Spain, Switzerland, Australia, China and Kazakhstan
Founded 1983 Company website

How the price took the results

close before → close after

Q1 FY27
−0.4%
11 Aug
Q4 FY26
+2.1%
18 May
Q3 FY26
−2.6%
6 Feb
Q2 FY26
−2.0%
10 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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