Pitti Engineering
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Pitti Engineering share price

Pitti Engineering Ltd.

NSE: PITTIENG BSE: 513519 SECTOR: Engineering  44k   85   12

805.00
-5.75 (-0.71%)
BSE: 19 Apr 04:01 PM

Price Summary

Today's High

₹ 809

Today's Low

₹ 785.2

52 Week High

₹ 868.75

52 Week Low

₹ 301.95

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 2580.03 Cr.

Enterprise Value

₹ 2804.77 Cr.

No. of Shares

3.21 Cr.

P/E

34.55

P/B

6.86

Face Value

₹ 5

Div. Yield

0.34 %

Book Value (TTM)

₹  117.42

CASH

₹ 65.17 Cr.

DEBT

₹ 289.91 Cr.

Promoter Holding

59.29 %

EPS (TTM)

₹  23.3

Sales Growth

15.34%

ROE

19.04 %

ROCE

20.21%

Profit Growth

13.35 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year15.34%
3 Year27.96%
5 Year23.77%

Profit Growth

1 Year13.35%
3 Year50.98%
5 Year39.14%

ROE%

1 Year19.04%
3 Year17.33%
5 Year15.16%

ROCE %

1 Year20.21%
3 Year18.39%
5 Year16.94%

Debt/Equity

0.8678

Price to Cash Flow

11.61

Interest Cover Ratio

2.78912978247921

CFO/PAT (5 Yr. Avg.)

2.68345624159153

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 59.29 20.47
Dec 2023 59.29 20.47
Sep 2023 59.29 20.47
Jun 2023 59.29 20.47
Mar 2023 59.29 20.47
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 50.9766951149195% for the Past 3 years.
  • The company has shown a good revenue growth of 27.9622737189785% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of 21.437531125944 days.
  • The company has a good cash flow management; CFO/PAT stands at 2.68345624159153.

 Limitations

  • Promoter pledging is high as 20.47%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 237.96 247.5 289.79 290.29 293.64
Total Expenditure 199.14 206.94 247.36 247.73 249.55
Operating Profit 38.82 40.56 42.43 42.56 44.09
Other Income 1.12 15.81 0.93 12.56 3.28
Interest 11.99 9.93 11.61 11.2 13.54
Depreciation 11 12.76 13.16 12.28 14.56
Exceptional Items 0 0 0 0 0
Profit Before Tax 16.95 33.69 18.59 31.64 19.27
Tax 4.82 8.85 4.62 9.09 5.95
Profit After Tax 12.13 24.84 13.97 22.55 13.32
Adjusted EPS (Rs) 3.78 7.75 4.36 7.04 4.16

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 622.21 525.06 518.17 953.82 1100.17
Total Expenditure 532.12 447.35 440.12 821.8 948.79
Operating Profit 90.1 77.72 78.05 132.02 151.39
Other Income 2.27 3.67 20.5 17.05 17.82
Interest 29.61 34.12 29.6 39.6 44.66
Depreciation 22.41 27.42 30.38 38.87 44.65
Exceptional Items 0 0 0 0 0
Profit Before Tax 40.34 19.86 38.57 70.6 79.9
Tax 16.62 2.76 9.79 18.7 21.07
Net Profit 23.72 17.1 28.01 51.9 58.83
Adjusted EPS (Rs.) 7.95 5.33 8.98 16.19 18.36

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 14.92 16.03 16.03 16.03 16.03
Total Reserves 161.05 191.77 219.79 267.94 318.06
Borrowings 75.6 43.86 50.57 110.19 121.88
Other N/C liabilities 35.21 56.06 72.27 69.68 70.72
Current liabilities 297.28 288.36 342.42 492.61 451.32
Total Liabilities 584.05 596.09 701.08 956.45 978.01
Assets
Net Block 230.07 247.3 284.86 324.51 362.36
Capital WIP 4.6 8.26 1.14 0.61 24.06
Intangible WIP 0 0 0 0 0
Investments 16.41 16.41 16.46 16.46 15.2
Loans & Advances 4.96 3.77 7.47 23.09 23.75
Other N/C Assets 0 2.04 5.26 4.03 10.43
Current Assets 328.01 318.31 385.89 587.74 542.21
Total Assets 584.05 596.09 701.08 956.45 978.01
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 40.34 19.86 38.57 70.6 79.9
Adjustment 51.94 62.9 54.64 76.04 88.2
Changes in Assets & Liabilities -16.94 -3.94 -53.2 -40.78 88.6
Tax Paid -4.69 -9.92 -5.75 -17.93 -34.53
Operating Cash Flow 70.64 68.9 34.25 87.93 222.17
Investing Cash Flow -46.47 -45.59 -66.27 -92.78 -103.71
Financing Cash Flow -26.17 -20.6 28.24 12.23 -86.39
Net Cash Flow -2 2.7 -3.78 7.38 32.07

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 59.29 59.29 59.29 59.29 59.29
akshay sharad pitti - - 13.19 13.19 13.19
madhuri sharad pitti - - 5.49 5.49 5.49
pitti electrical equipmen... 26.98 26.98 26.98 26.98 26.98
sharad b pitti (huf) 0.05 0.05 - 0.05 0.05
sharad badrivishal pitti - - 13.57 13.57 13.57
sharad b pitti 13.57 13.57 0.05 - -
akshay s pitti 13.19 13.19 - - -
madhuri s pitti 5.49 5.49 - - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 40.71 40.71 40.71 40.71 40.71
atul agarwal 1.25 1.25 1.25 1.25 1.25
investor education and pr... - - - - 1.24
kotak mahindra life insur... 1.87 1.87 1.87 1.87 1.87
national insurance compan... - - - 1.56 1.56
investor education and pr... 1.25 1.25 1.25 1.24 -
jr seamless private limit... 1.15 - - 1.00 -
lic mf 3.07 3.01 2.37 1.89 -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Pitti Engineering informs about voting results23 Mar 2024, 12:02PM Pitti Engineering inks pact to acquire Bagadia Chaitra Industries12 Mar 2024, 12:44PM Pitti Engineering - Quaterly Results9 Feb 2024, 5:57PM Pitti Engineering - Quaterly Results9 Feb 2024, 5:57PM Pitti Engineering informs about newspaper publication20 Dec 2023, 2:58PM Pitti Engineering informs about postal ballot and cut off date for evoting13 Nov 2023, 5:09PM Pitti Engineering - Quaterly Results9 Nov 2023, 6:05PM Pitti Engineering - Quaterly Results14 Aug 2023, 6:03PM Pitti Engineering - Quaterly Results14 Aug 2023, 6:03PM Pitti Engineering informs about board meeting 1 Aug 2023, 5:06PM Pitti Engineering makes further investment in subsidiary company 9 Jun 2023, 9:25AM Pitti Engineering - Quaterly Results29 May 2023, 5:56PM Pitti Engineering - Quaterly Results29 May 2023, 5:56PM Pitti Engineering informs about disclosure 24 May 2023, 4:33PM Pitti Engineering - Quaterly Results14 Feb 2023, 6:07PM Pitti Engineering - Quaterly Results14 Feb 2023, 6:07PM Pitti Engineering informs about issuance of letter of confirmation27 Jan 2023, 4:56PM Pitti Engineering - Quaterly Results11 Nov 2022, 12:00PM Pitti Engineering - Quaterly Results11 Nov 2022, 12:00PM Pitti Engineering - Quaterly Results10 Aug 2022, 6:00PM Pitti Engineering - Quaterly Results10 Aug 2022, 6:00PM Pitti Engineering - Quaterly Results23 May 2022, 5:47PM Pitti Engineering - Quaterly Results23 May 2022, 5:47PM Pitti Engineering informs about newspaper publication25 Feb 2022, 4:58PM Pitti Engineering - Quaterly Results11 Feb 2022, 5:00PM Pitti Engineering - Quaterly Results11 Feb 2022, 5:00PM Pitti Engineering informs about newspaper publication2 Dec 2021, 4:52PM Pitti Engineering informs about outcome of board meeting9 Nov 2021, 9:45AM Pitti Engineering - Quaterly Results8 Nov 2021, 3:31PM Pitti Engineering informs about proceedings of AGM25 Sep 2021, 3:12PM Pitti Engineering informs about notice of 37th AGM 30 Aug 2021, 5:03PM Pitti Engineering informs about press release18 Jun 2021, 3:38PM Pitti Engineering informs about board meeting9 Jun 2021, 11:24AM Pitti Engineering informs about compliance certificate16 Apr 2021, 4:46PM Pitti Engineering informs about clarification on price movements11 Mar 2021, 12:48PM Pitti Engineering incorporates WOS company6 Oct 2020, 11:45AM Pitti Engineering to enhance installed capacity with Rs 250 crore expansion plan 1 Sep 2020, 8:49AM

Pitti Engineering Stock Price Analysis and Quick Research Report. Is Pitti Engineering an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Pitti Engineering has a PE ratio of 34.3642169233146 which is high and comparatively overvalued .

  • Share Price: - The current share price of Pitti Engineering is Rs 800.7. One can use valuation calculators of ticker to know if Pitti Engineering share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Pitti Engineering has ROA of 6.08234427174835 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Pitti Engineering has a Current ratio of 1.20139701784881 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Pitti Engineering has a ROE of 19.0373563218391 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Pitti Engineering has a D/E ratio of 0.8678 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Pitti Engineering has an Inventory turnover ratio of 4.87070649378979 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Pitti Engineering has reported revenue growth of 15.3432636090649 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Pitti Engineering for the current financial year is 13.7602182932388 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Pitti Engineering is Rs 2.7 and the yield is 0.3347 %.

 

Last Updated on:
Brief about Pitti Engineering

Pitti Engineering Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

Pitti Engineering Ltd. is a leading engineering solutions provider based in India. With a rich history spanning several decades, the company is known for its expertise in manufacturing, engineering design, and project management. Pitti Engineering Ltd. offers a wide range of products and services across various industries, including automotive, engineering machinery, and power transmission.

Pitti Engineering Ltd. Share Price

Stay updated with the latest share price of Pitti Engineering Ltd. Our website provides real-time stock quotes, enabling investors to monitor any fluctuations in the share price and make informed investment decisions. Our pre-built screening tools can help you analyze the stock's performance over a specific time period and compare it with industry peers.

Pitti Engineering Ltd. Balance Sheet

Explore Pitti Engineering Ltd.'s balance sheet to gain insights into its financial health and stability. Our premium features allow you to calculate the company's fair value using tools such as DCF Analysis, BVPS Analysis, Earnings Multiple Approach, and DuPont Analysis. Downloadable annual reports and credit ratings are available on our website, providing comprehensive information for long-term stock investors.

Pitti Engineering Ltd. Annual Report

Access Pitti Engineering Ltd.'s annual reports on our website to delve deeper into the company's performance, strategy, and future prospects. Gain valuable insights into the company's financials, growth trajectory, and management commentary. These reports are essential resources for investors seeking a detailed analysis of Pitti Engineering Ltd.'s operations.

Pitti Engineering Ltd. Dividend

Discover information about Pitti Engineering Ltd.'s dividend history and policies. Our platform provides dividend data, allowing investors to assess the company's dividend yield, payout ratio, and dividend growth over time. Long-term shareholders can benefit from regular dividend income and participate in the company's financial success.

Pitti Engineering Ltd. Quarterly Results

Track Pitti Engineering Ltd.'s quarterly results to stay updated on its financial performance and growth indicators. Our website provides downloadable quarterly reports, giving investors access to detailed information about revenue, expenses, net income, and other key financial metrics. Utilize our premium features to calculate fair value using the specified tools mentioned earlier.

Pitti Engineering Ltd. Stock Price

Monitor Pitti Engineering Ltd.'s stock price through our platform, which provides real-time data and historical charts. The stock price and its movements are crucial factors to consider when making investment decisions. Our pre-built screening tools enable investors to analyze the stock's performance and trends, helping them identify potential opportunities.

Pitti Engineering Ltd. Price Chart

Our website offers an interactive price chart for Pitti Engineering Ltd.'s stock. Study the historical price movements and patterns to identify trends, support and resistance levels, and potential entry or exit points. Combine technical analysis with fundamental research for a well-rounded stock analysis.

Pitti Engineering Ltd. News

Stay informed about the latest news and developments related to Pitti Engineering Ltd. Our website provides curated news articles that impact the company's operations, industry trends, and market dynamics. Access to relevant news is crucial for investors to make well-informed decisions and stay ahead of market shifts.

Pitti Engineering Ltd. Concall Transcripts

Download Pitti Engineering Ltd.'s con call transcripts from our website to gain insights into discussions among company management, analysts, and investors. These transcripts provide valuable information about the company's performance, strategies, and future plans. Investors can analyze the management's outlook and assess the factors influencing the company's growth.

Pitti Engineering Ltd. Investor Presentations

Access Pitti Engineering Ltd.'s investor presentations on our website. These presentations provide an overview of the company's operations, financial performance, competitive advantage, and growth prospects. Investors can gain a comprehensive understanding of Pitti Engineering Ltd.'s value proposition and evaluate its potential as a long-term investment.

Pitti Engineering Ltd. Promoters

Understand the key individuals and entities behind Pitti Engineering Ltd.'s success. The promoters play a vital role in shaping the company's direction and ensuring its growth. Explore our website's resources to learn more about Pitti Engineering Ltd.'s promoters and their contributions to the company's achievements.

Pitti Engineering Ltd. Shareholders

Discover the shareholders who hold significant stakes in Pitti Engineering Ltd. Identifying major shareholders can provide insights into the company's ownership structure and the confidence investors have in its potential. Our website allows you to access information about Pitti Engineering Ltd.'s institutional investors and their respective holdings.

Please note that numbers and financial data points about the stock are not included in this content as per the provided guidelines. The content is written in a technical tone, targeting long-term stock investors looking for stock analysis.

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