Pitti Engineering Ltd

On a consolidated basis, the company's net profit grew 5.44% year-on-year to Rs 40.09 crore on an 11.3% rise in revenue from operations to Rs 477.73 crore in Q2 FY26 over Q2 FY25. Profit before tax (PBT) stood at Rs 53.87 crore, up 1.3% from Rs 53.17 crore reported in the corresponding quarter last year. EBITDA stood at Rs 78 crore, up 18% YoY, while EBITDA margin came in at 16.3% for the quarter, reflecting improved cost control and operating leverage. Total expenses rose 10.72% YoY to Rs 445.19 crore in Q2 FY26. The cost of materials consumed stood at Rs 300.92 crore (up 8.6% YoY), employee benefits expense increased 20.22% to Rs 39.77 crore, and finance costs grew 3.64% to Rs 19.37 crore during the period under review. Akshay S. Pitti, MD & CEO, said, 'Our performance in Q2 FY26 remained resilient, with total income of Rs 499 crore reflecting a 10% year-on-year growth and EBITDA improving by 18% to Rs 78 crore. On a half-year basis, revenue stood at Rs 963 crore with a 13% growth, and EBITDA at Rs 153 crore, up 23% over the previous year. These results demonstrate consistent performance amidst a challenging business environment, supported by operational discipline and prudent financial management. We remain focused on sustaining this momentum through efficiency improvements, cost optimization, and strengthening our market position in the coming quarters. Over the years, Pitti Engineering has evolved into a more integrated and value-driven player across the manufacturing value chain, deepening our relationships with marquee customers and expanding our presence across industries. With sustained demand, a diversified industry base, and our upcoming Rs 150 crore capacity expansion plan, we are well positioned to capture emerging opportunities, enhance margins, and continue delivering sustainable growth in the years ahead.' Pitti Engineering is engaged in the manufacturing of electrical steel laminations, motor cores, sub-assemblies, die-cast rotors, press tools, and machining of metal components.Powered by Capital Market - Live

Net profit of Pitti Engineering rose 5.44% to Rs 40.09 crore in the quarter ended September 2025 as against Rs 38.02 crore during the previous quarter ended September 2024. Sales rose 11.27% to Rs 477.73 crore in the quarter ended September 2025 as against Rs 429.36 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales477.73429.36 11 OPM %16.2615.39 - PBDT79.6273.28 9 PBT53.8753.17 1 NP40.0938.02 5 Powered by Capital Market - Live

Pitti Engg. will hold a meeting of the Board of Directors of the Company on 7 November 2025.Powered by Capital Market - Live

Pitti Engg. announced that the 41th Annual General Meeting(AGM) of the company will be held on 26 September 2025.Powered by Capital Market - Live

Net profit of Pitti Engineering rose 18.18% to Rs 22.88 crore in the quarter ended June 2025 as against Rs 19.36 crore during the previous quarter ended June 2024. Sales rose 16.63% to Rs 456.56 crore in the quarter ended June 2025 as against Rs 391.45 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales456.56391.45 17 OPM %16.5014.82 - PBDT62.1944.43 40 PBT36.5527.58 33 NP22.8819.36 18 Powered by Capital Market - Live

Pitti Engg. will hold a meeting of the Board of Directors of the Company on 7 August 2025.Powered by Capital Market - Live

However, on a year-on-year basis, the company's net profit fell by 21.43%, despite a 28.54% increase in total income in Q4 FY25 over Q4 FY24. Profit before tax (PBT) in Q4 FY25 stood at Rs 42.19 crore, down 21.49% from Rs 53.74 crore recorded in the year-ago quarter. EBITDA stood at Rs 80.07 crore in Q4 FY25, registering growth of 54.28%, compared with Rs 51.90 crore in Q4 FY24. Total expenses jumped 37.11% YoY to Rs 430.11 crore in the fourth quarter of FY25. The cost of materials consumed stood at Rs 272.96 crore (up 35.77%), employee benefits expense was at Rs 53.76 crore (up 47.85% YoY), and finance costs were at Rs 18.94 crore (up 34.35% YoY) during the period under review. Sales volume for the quarter increased by 50.28% YoY to 17,185 metric tons (MT), compared to 11,435 MT in Q4 FY24. On a full-year basis, the company's net profit surged 36.33% to Rs 122.29 crore on a 34.87% jump in total income to Rs 1,743.36 crore in FY24 over FY23. Net debt as of 31st March 2025 stands at Rs 439.04 crore, and the net debt-to-equity ratio stood at 0.49. Akshay S. Pitti, MD & CEO, said, 'I am happy to report that our consolidated PAT for FY 25 has grown by 36.33% to Rs 122.29 Crores and total income was Rs 1,743.36 crores, up by 34.87%. We have delivered the best performance across every metric during the year.' Meanwhile, the board has recommended a final dividend of Rs 1.50 per equity share, subject to shareholder approval at the upcoming annual general meeting for FY 2024'25. Pitti Engineering is engaged in the manufacturing of electrical steel laminations, motor cores, sub-assemblies, die-cast rotors, press tools, and machining of metal components.Powered by Capital Market - Live

Net profit of Pitti Engineering declined 21.43% to Rs 36.14 crore in the quarter ended March 2025 as against Rs 46.00 crore during the previous quarter ended March 2024. Sales rose 39.56% to Rs 468.78 crore in the quarter ended March 2025 as against Rs 335.90 crore during the previous quarter ended March 2024. For the full year,net profit rose 36.33% to Rs 122.29 crore in the year ended March 2025 as against Rs 89.70 crore during the previous year ended March 2024. Sales rose 37.01% to Rs 1704.57 crore in the year ended March 2025 as against Rs 1244.16 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales468.78335.90 40 1704.571244.16 37 OPM %17.0815.45 -15.9114.55 - PBDT64.6569.34 -7 242.12178.12 36 PBT42.1953.74 -21 161.60119.39 35 NP36.1446.00 -21 122.2989.70 36 Powered by Capital Market - Live

Pitti Engg. announced that the Board of Directors of the Company at its meeting held on 21 April 2025, has recommended a Final dividend of Rs.1.50 per share (i.e.30%), subject to the approval of the shareholders.Powered by Capital Market - Live

Pitti Engg. will hold a meeting of the Board of Directors of the Company on 21 April 2025.Powered by Capital Market - Live