Pitti Engineering Ltd. (PITTIENG) AI Stock Analysis

• Market Cap: ₹29.99B
• Dividend Yield: 0.18%
• Average Volume (3M): 45.79K
• Price to Earnings (P/E): 27.1
• Beta (1Y): 1.11
• Revenue Growth: 26.81%
• EPS Growth: 1.06%
• Country: IN
• Employees: 1,331
• Sector: Industrials
• Sector Strength: 72
• Industry: Manufacturing - Metal Fabrication
• EPS (TTM): 7.50
• Shares Outstanding: 37,653,587
• 10 Day Avg. Volume: 1,786
• 30 Day Avg. Volume: 45,793
• PEG Ratio: 1.11
• Price to Book (P/B): 4.10
• Price to Sales (P/S): 2.16
• P/FCF Ratio: -97.93
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,230.00
• Price Target Upside: 51.30% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 75.3
• Revenue Forecast (FY): ₹22.46B

• Rating: 70 Outperform
• Price Target: ₹839.00 ▲(3.20% Upside)
• Action: Reiterated Date: 02/04/26
• Date: Action: Reiterated 02/04/26

The score is primarily driven by solid financial performance (growth and improving profitability) but held back by high leverage and weak free-cash-flow conversion. Technicals are moderately positive in the near term but not yet supportive on the longer-term trend, and valuation is only fair with minimal dividend support.

Positive Factors

Revenue Growth

Sustained ~21% revenue growth signals durable end-market demand and expanding share for precision electrical laminations. Over several quarters this supports scale benefits, stronger supplier/customer ties, and reinvestment capacity to sustain manufacturing throughput and product development.

Negative Factors

High Leverage

Material reliance on debt financing increases interest expense sensitivity and reduces strategic flexibility. Over a multi-month horizon, high leverage can constrain investment choices, heighten refinancing risk if rates rise, and amplify earnings volatility during demand downturns.

Pitti Engineering Ltd. Business Overview & Revenue Model

Company Description

Pitti Engineering Limited manufactures and sells manufactures electrical sheet metal products in India. It manufactures engineering products of iron and steel, including electrical steel laminations, stator and rotor core assemblies, subassemblies...

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Pitti Engineering Limited manufactures and sells manufactures electrical sheet metal products in India. It manufactures engineering products of iron and steel, including electrical steel laminations, stator and rotor core assemblies, subassemblies...

How the Company Makes Money

Pitti Engineering makes money primarily by manufacturing and selling electrical steel laminations and related assembled components to OEMs and component makers that produce motors, generators, and other rotating electrical equipment. Revenue is ty...

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Pitti Engineering makes money primarily by manufacturing and selling electrical steel laminations and related assembled components to OEMs and component makers that produce motors, generators, and other rotating electrical equipment. Revenue is ty...

Pitti Engineering Ltd. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	14.03B	17.05B	12.02B	11.00B	9.50B	5.11B
Gross Profit	5.74B	6.88B	3.88B	3.18B	2.54B	1.64B
EBITDA	2.65B	3.10B	2.16B	1.67B	1.40B	975.41M
Net Income	991.14M	1.22B	901.91M	588.35M	518.70M	287.56M
Balance Sheet
Total Assets	21.43B	20.04B	13.30B	9.78B	9.57B	7.01B
Cash, Cash Equivalents and Short-Term Investments	1.45B	1.40B	1.09B	397.13M	350.50M	89.55M
Total Debt	7.78B	6.90B	6.28B	3.56B	3.93B	3.18B
Total Liabilities	12.03B	11.05B	9.14B	6.44B	6.73B	4.65B
Stockholders Equity	9.40B	8.99B	4.16B	3.34B	2.84B	2.36B
Cash Flow
Free Cash Flow	137.97M	-376.22M	-1.65B	1.15B	-60.67M	-372.72M
Operating Cash Flow	953.91M	2.89B	735.84M	2.22B	879.11M	317.11M
Investing Cash Flow	-938.43M	-5.36B	-2.36B	-1.04B	-927.84M	-664.51M
Financing Cash Flow	14.64M	2.69B	1.98B	-865.67M	122.13M	284.04M

Pitti Engineering Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 812.95
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PITTIENG, the sentiment is Positive. The current price of 812.95 is above the 20-day moving average (MA) of 771.03, below the 50-day MA of 829.10, and below the 200-day MA of 887.09, indicating a neutral trend. The MACD of -15.22 indicates Negative momentum. The RSI at 57.74 is Neutral, neither overbought nor oversold. The STOCH value of 90.17 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:PITTIENG.

Pitti Engineering Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PITTIENG	70 Outperform	₹29.99B	27.08	―	0.18%	26.81%	1.06%
SHANTIGEAR	66 Neutral	₹35.35B	55.74	―	1.06%	―	―
HPL	65 Neutral	₹20.66B	33.68	―	0.24%	6.08%	49.44%
JASH	65 Neutral	₹25.74B	51.58	―	0.47%	25.52%	-4.18%
HARSHA	64 Neutral	₹32.08B	25.44	―	0.27%	3.92%	-24.95%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
JTEKTINDIA	61 Neutral	₹36.95B	48.24	―	0.49%	4.44%	-25.67%