Pitti Engineering (PITTIENG)₹953.95+3.20%Industrial Products
In the Jun 2026 quarter (consolidated), Pitti Engineering reported sales of ₹531 Cr, up 15.8% from Jun 2025, and net profit of ₹29.91 Cr, up 30.6% year on year. For the year to Mar 2026, sales were ₹1,920 Cr and net profit ₹118 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 304 | 303 | 337 | 392 | 430 | 416 | 470 | 458 | 480 | 479 | 503 | 531 |
| Expenses | 258 | 250 | 283 | 332 | 362 | 348 | 388 | 380 | 399 | 396 | 418 | 442 |
| Operating Profit | 44.98 | 51.01 | 51.94 | 57.98 | 66.01 | 66.95 | 79.91 | 74.92 | 77.94 | 80.93 | 81.99 | 85.90 |
| OPM % | 15.0% | 17.0% | 15.0% | 15.0% | 15.0% | 16.1% | 17.0% | 16.1% | 16.0% | 17.0% | 16.0% | 16.0% |
| Other Income | 12.98 | 2.99 | 31.92 | 2.99 | 25.96 | 5.99 | 3.99 | 6.99 | 20.97 | 6.99 | 4.99 | 0.99 |
| Interest | 10.97 | 13.96 | 13.96 | 16.95 | 18.96 | 12.96 | 18.93 | 20.94 | 18.95 | 20.93 | 21.93 | 22.91 |
| Depreciation | 13.04 | 16.05 | 16.05 | 17.05 | 20.05 | 21.06 | 22.07 | 26.07 | 26.06 | 27.06 | 27.08 | 28.05 |
| Profit before tax | 32.90 | 24.92 | 53.85 | 27.93 | 52.83 | 38.93 | 41.89 | 36.93 | 53.83 | 39.89 | 36.91 | 35.91 |
| Tax % | 31.9% | 37.9% | 14.0% | 30.0% | 28.0% | 26.0% | 14.0% | 36.9% | 25.9% | 29.0% | 29.0% | 19.0% |
| Net Profit | 21.94 | 15.95 | 45.83 | 18.94 | 37.84 | 28.90 | 35.87 | 22.90 | 39.85 | 27.89 | 26.90 | 29.91 |
| EPS (Rs) | 6.88 | 4.92 | 14.39 | 6.05 | 10.74 | 7.65 | 9.62 | 6.10 | 10.68 | 7.51 | 7.09 | 7.85 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 526 | 520 | 957 | 1,103 | 1,247 | 1,709 | 1,920 | 1,992 |
| Expenses | 447 | 439 | 819 | 947 | 1,060 | 1,431 | 1,594 | 1,656 |
| Operating Profit | 77.99 | 79.91 | 133 | 151 | 181 | 271 | 316 | 327 |
| OPM % | 15.0% | 15.0% | 14.0% | 14.0% | 15.0% | 16.0% | 16.0% | 16.4% |
| Other Income | 3.99 | 18.98 | 15.98 | 17.96 | 47.88 | 38.96 | 39.93 | 33.94 |
| Interest | 33.88 | 29.92 | 39.85 | 44.86 | 50.85 | 67.75 | 82.75 | 84.72 |
| Depreciation | 27.08 | 30.09 | 39.12 | 45.13 | 59.18 | 81.25 | 105 | 108 |
| Profit before tax | 19.95 | 38.93 | 70.79 | 79.77 | 119 | 162 | 168 | 167 |
| Tax % | 14.0% | 25.0% | 25.9% | 26.0% | 25.0% | 24.0% | 30.0% | — |
| Exceptional items | 0.00 | −1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 16.95 | 28.90 | 51.77 | 58.79 | 89.66 | 122 | 118 | 125 |
| EPS (Rs) | 5.36 | 8.99 | 16.23 | 18.41 | 28.08 | 32.56 | 31.38 | 33.13 |
| Dividend payout % | 0.0% | 0.0% | 13.0% | 14.9% | 5.0% | 5.0% | 8.0% | — |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 16.01 | 15.99 | 16.01 | 16.03 | 18.99 | 19.01 |
| Reserves | 221 | 269 | 319 | 459 | 883 | 971 |
| Borrowings | 318 | 393 | 356 | 628 | 689 | 811 |
| Other Liabilities | 148 | 281 | 288 | 291 | 417 | 340 |
| Total Liabilities | 702 | 958 | 980 | 1,394 | 2,007 | 2,141 |
| Fixed Assets | 285 | 327 | 365 | 466 | 1,029 | 1,155 |
| CWIP | 1.01 | 0.99 | 24.01 | 122 | 63.04 | 50.02 |
| Investments | 15.93 | 15.95 | 14.95 | 0.00 | 0.00 | 0.00 |
| Other Assets | 399 | 614 | 575 | 806 | 915 | 936 |
| Inventories | 157 | 273 | 239 | 287 | 329 | 395 |
| Trade receivables | 172 | 204 | 181 | 214 | 256 | 206 |
| Cash & equivalents | 8.97 | 34.85 | 64.71 | 111 | 139 | 146 |
| Total Assets | 702 | 958 | 980 | 1,394 | 2,007 | 2,141 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from operating activity | 31.89 | 87.75 | 221 | 79.83 | 288 | 204 |
| Cash from investing activity | −65.81 | −92.83 | −104 | −246 | −535 | −175 |
| Cash from financing activity | 27.98 | 12.01 | −87.01 | 203 | 269 | −8.99 |
| Net cash flow | −6.02 | 7.02 | 32.11 | 37.14 | 22.08 | 21.08 |
| Capex | 64.78 | 78.66 | 106 | 209 | 353 | 191 |
| Free cash flow | −33.10 | 10.05 | 119 | −130 | −58.25 | 15.07 |
| CFO / OP % | 47.1% | 80.0% | 170.0% | 50.0% | 120.0% | 76.0% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor days | 120 | 77 | 59 | 62 | 54 | 38 |
| Inventory days | 170 | 146 | 111 | 135 | 117 | 123 |
| Days payable | 116 | 120 | 118 | 114 | 120 | 78 |
| Cash conversion cycle | 178 | 106 | 55 | 86 | 54 | 87 |
| Working capital days | 25 | 24 | 10 | 17 | 4 | 23 |
| ROCE % | — | 18.0% | 18.0% | 19.0% | 17.0% | 15.0% |
For the Jun 2026 quarter, Pitti Engineering reported sales of ₹531 Cr, up 15.8% year on year and net profit of ₹29.91 Cr, up 30.6% year on year. The operating margin was 16.0%.
Pitti Engineering's sales for the year to Mar 2026 were ₹1,920 Cr; over the last twelve months they were ₹1,992 Cr.
Net profit for the year to Mar 2026 was ₹118 Cr, and ₹125 Cr over the last twelve months. Earnings per share over the same trailing period were ₹33.13.
Pitti Engineering reported borrowings of ₹811 Cr at Mar 2026, against cash and equivalents of ₹146 Cr.
Cash from operations was ₹204 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹15.07 Cr.