Pitti Laminations

Hyderabad, India Founded: 1983 • Age: 43 yrs Listed
Manufactures electrical steel laminations

About Pitti Laminations

Pitti Laminations is a publicly listed company based in Hyderabad (India) founded in 1983. It manufactures electrical steel laminations. The company has 1,074 employees. Pitti Laminations has completed 1 acquisition, including Bagadia Chaitra. Its Indian entity Pitti Engineering Limited reported revenue of β‚Ή1,968 Cr. Pitti Laminations offers products and services including Engineering Components and Compliance and Marketing Services. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.

Company details

Founded in 1983, Pitti Laminations Ltd. is based in Hyderabad, India, where electrical steel laminations, motor cores, sub-assemblies, die cast rotors, and press tools are produced for the engineering sector. Manufacturing capacity is maintained at 32,000 metric tons per annum, with expansion to 50,000 tons planned at a facility near Hyderabad. Clients such as BHEL, BEML, Emerson, LT, and GE are served through these operations.

  • Headquarters Hyderabad, India
  • Employees 1,074
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Website pitti.in
  • Social LinkedIn YouTube
  • Legal Name Pitti Engineering Ltd.
Key Metrics
  • Market Cap
    ₹3,519 Cr

    PITTIENG · NSE

  • Share Price
    ₹908.20

    -2.82% today

  • Revenue
    ₹1,928 Cr

    FY 2025-26 · +11.2% YoY

  • EBITDA
    ₹316 Cr

    Margin 16.4%

  • Net Profit
    ₹118 Cr

    FY 2025-26 · -3.5% YoY

  • P/E (TTM)
    27.5x

    P/B 3.5x

  • ROE
    12.5%

    ROCE 14.6%

  • Debt / Equity
    0.80

    Interest cover 39.5x

  • Employee Count
    1,074
  • Investments & Acquisitions

Products & Services of Pitti Laminations

Pitti Laminations offers a comprehensive portfolio of products and services, including Engineering Components and Compliance and Marketing Services.

Engineering Components
Manufacturing Products

Engineering components are produced and supplied for industrial applications.

Compliance and Marketing Services
Business Services

Compliance and marketing services are offered to support corporate operations.

Apps and channels of Pitti Laminations

its YouTube channel Pitti Engineering Limited has 1.02K subscribers and 30 videos.

Pitti Engineering Limited
YouTube 1.02K subscribers 30 videos Autos & Vehicles
Open channel

Videos from Pitti Laminations

The most watched videos on Pitti Laminations's YouTube channel, Pitti Engineering Limited (1.02K subscribers). Click a video to play it here.

Pitti Engineering Notching Machine
20.2K views
Pitti Engineering Robot Notching Machine
12.3K views
Pitti Engineering Electrical Steel Storage & Processing
10.1K views
Pitti Engineering Stator Assembly Solution
9K views

More on Pitti Engineering Limited.

Board of directors of Pitti Engineering Limited (Pitti Laminations)

Pitti Engineering Limited is the primary company behind Pitti Laminations. The board of Pitti Engineering Limited currently have 7 directors; the longest-serving is Sharad Badrivishal Pitti, appointed in 1983. 22 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sharad Badrivishal Pitti
DIN 00078716
Whole-time director17 Sep 198343 yrs 1 moPitti Engineering Limited
Akshay Sharad Pitti
DIN 00078760
Managing Director14 Oct 200422 yrsPitti Engineering Limited
Yogender Bahadur Sahgal
DIN 01622420
Director09 Nov 20233 yrsPitti Engineering Limited
Kemisha Soni
DIN 06805708
Director14 Aug 20242 yrs 2 moPitti Engineering Limited
Vinod Nagururu Kumar
DIN 00121111
Director14 Aug 20242 yrs 2 moPitti Engineering Limited
Priti Paras Savla
DIN 00662996
Director14 Aug 20242 yrs 2 moPitti Engineering Limited
Vijaya Kumar Gummalla
DIN 00780356
Director05 Feb 20269 moPitti Engineering Limited

IPO & Listings of Pitti Laminations

Pitti Laminations is a publicly listed company on the NSE with ticker symbol PITTIENG in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date02 Feb 2007
  • Listed onNSE: PITTILAM
  • Listed entityPitti Engineering Ltd.
  • Exchange sectorProducer manufacturing
  • ISININE450D01021
  • Share price₹1,035.10 (+1.11% on the day) · 2026-10-14
  • Market capitalisation₹3,862 Cr
  • Price to earnings30.8
  • EPS (diluted, trailing year)₹33.63
  • Dividend yield0.24%
  • Volume (last session)17,980

Financials of Pitti Laminations

Exchange-reported figures of Pitti Engineering Limited, the listed company behind Pitti Laminations (NSE: PITTIENG).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹1,928 Cr
+11.2% YoY
EBITDA
₹316 Cr
+16.4% YoY
Profit After Tax
₹118 Cr
-3.5% YoY
Net Worth
₹987 Cr
+9.8% YoY
Total Assets
₹1,821 Cr
+12.8% YoY
Total Debt
₹811 Cr
+17.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue1,9281,7341,2621,115961522
Revenue growth+11.2%+37.4%+13.2%+16.0%+84.3%-
EBITDA31627118115113378.05
EBITDA margin+16.4%+15.6%+14.4%+13.6%+13.8%+15.0%
Profit before tax16816211979.9270.5738.54
Net profit11812289.7358.6851.6629.90
Net profit margin+6.1%+7.1%+7.1%+5.3%+5.4%+5.7%
EPS (β‚Ή)31.2832.4727.9818.3516.188.97
Balance sheet
Total assets1,8211,6151,121699684564
Net worth987899473334284236
Total debt811690628356393318
Cash & bank14714011165.1735.048.94
Net working capital612481466271325259
Cash flow
Cash from operations20528980.0222287.9131.71
Cash from investing(175)(536)(247)(104)(92.78)(66.45)
Cash from financing(9.22)269203(86.57)12.2328.40
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue529501477478457469415429
Revenue growth (YoY)+15.9%+6.9%+15.1%+11.3%+16.6%---
Other income0.854.516.8821.327.403.526.0225.89
EBITDA86.3781.6380.9177.6675.3480.0766.9566.07
EBITDA margin+16.3%+16.3%+16.9%+16.3%+16.5%+17.1%+16.1%+15.4%
Depreciation28.3826.6526.6225.7525.6522.4721.1020.10
Interest22.6322.0121.4819.3720.5518.9413.2118.69
Profit before tax36.2137.4839.6953.8636.5442.1838.6653.17
Tax6.7210.8611.4713.7713.666.059.9015.15
Net profit29.4926.6228.2240.0922.8836.1328.7638.02
EPS (β‚Ή)7.997.217.5910.786.149.617.6410.20
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,6021,5521,2621,115961522529
Revenue growth+3.2%+23.0%+13.2%+16.0%+84.3%-1.5%-
EBITDA28224718115113378.0577.72
EBITDA margin+17.6%+15.9%+14.4%+13.6%+13.8%+15.0%+14.7%
Profit before tax14014011979.9070.6138.5719.85
Net profit97.6610790.8358.6751.6929.9217.07
Net profit margin+6.1%+6.9%+7.2%+5.3%+5.4%+5.7%+3.2%
EPS (β‚Ή)25.8928.3727.9818.3516.198.985.33
Balance sheet
Total assets1,7781,5941,121699684564474
Net worth951884473334284236208
Total debt805687628356393317245
Cash & bank10110811165.1735.038.9114.86
Net working capital556438466271325259208
Cash flow
Cash from operations14926180.0222287.9334.2568.90
Cash from investing(154)(558)(247)(104)(92.78)(66.27)(45.59)
Cash from financing11.66286203(86.39)12.2328.24(20.60)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue578529390422478382422364
Revenue growth (YoY)+21.1%+38.3%-7.6%+15.9%+25.9%+6.4%--
Other income2.100.853.906.4021.326.743.375.79
Total expenses490443315351400315351303
EBITDA88.8886.3774.5470.4877.6667.4970.5160.59
EBITDA margin+15.4%+16.3%+19.1%+16.7%+16.3%+17.6%+16.7%+16.7%
Depreciation29.3928.3824.0324.8825.7524.3921.2820.08
Interest16.3322.6321.7521.3319.3720.4818.8813.16
Profit before tax45.2636.2132.6630.6753.8629.3633.7233.14
Tax11.376.7210.028.9413.7711.803.748.85

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 08 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue529501477478457469415429
Revenue growth (YoY)+15.9%+6.9%+15.1%+11.3%+16.6%---
Other income0.854.516.8821.327.403.526.0225.89
EBITDA86.3781.6380.9177.6675.3480.0766.9566.07
EBITDA margin+16.3%+16.3%+16.9%+16.3%+16.5%+17.1%+16.1%+15.4%
Depreciation28.3826.6526.6225.7525.6522.4721.1020.10
Interest22.6322.0121.4819.3720.5518.9413.2118.69
Profit before tax36.2137.4839.6953.8636.5442.1838.6653.17
Tax6.7210.8611.4713.7713.666.059.9015.15
Net profit29.4926.6228.2240.0922.8836.1328.7638.02
EPS (β‚Ή)7.997.217.5910.786.149.617.6410.20
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue1,9281,7341,2621,115961522
Revenue growth+11.2%+37.4%+13.2%+16.0%+84.3%-
Other income40.1138.7948.5117.8316.4320.49
Total expenses1,6121,4631,081963829444
Employee cost16013212784.7076.5454.17
EBITDA31627118115113378.05
EBITDA margin+16.4%+15.6%+14.4%+13.6%+13.8%+15.0%
Depreciation10580.5258.7344.6538.8830.39
Interest83.4167.7951.4244.6539.6129.61
Profit before tax16816211979.9270.5738.54
Tax49.7739.3129.6821.0818.699.78
Net profit11812289.7358.6851.6629.90
Net profit margin+6.1%+7.1%+7.1%+5.3%+5.4%+5.7%
EPS (β‚Ή)31.2832.4727.9818.3516.188.97
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital18.8318.8316.0316.0316.0316.03
Reserves & surplus968880456318268220
Shareholders' funds (net worth)987899473334284236
Minority interest0.000.000.000.000.000.00
Secured loans664566548265299229
Unsecured loans14612479.6391.6293.4489.04
Total debt811690628356393318
Total liabilities1,8211,6151,121699684564
Assets
Gross block1,7371,517829620543461
Net block1,1531,027465364327285
Capital work in progress49.8163.0612224.060.611.14
Investments0.070.010.0115.1616.4216.42
Inventories395329287239272157
Sundry debtors206255214181204172
Cash & bank balances14714011165.1735.048.94
Loans & advances15713112256.2876.1547.97
Total current assets905855734542588386
Total current liabilities293374268271263127
Net working capital612481466271325259
Total assets1,8211,6151,121699684564
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash98.6577.0540.527.640.286.70
Net cash from operating activities20528980.0222287.9131.71
Net cash from investing activities(175)(536)(247)(104)(92.78)(66.45)
Net cash from financing activities(9.22)269203(86.57)12.2328.40
Net change in cash20.8021.6136.5232.067.36(6.34)
Closing cash14714011165.1735.048.94
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+11.2%+37.4%+13.2%+16.0%+84.3%-
EBITDA growth+16.4%+49.8%+19.6%+14.1%+69.9%-
PBT growth+3.7%+35.3%+49.4%+13.3%+83.1%+9997.0%
Net income growth-3.5%+36.2%+52.9%+13.6%+72.8%-
Revenue CAGR (3Y)+20.0%+21.7%+34.2%---
EBITDA CAGR (3Y)+27.7%+26.9%+32.4%---
Profitability & leverage
Net income margin+6.1%+7.1%+7.1%+5.3%+5.4%+5.5%
Return on capital employed+14.6%+16.8%+18.8%+18.0%+17.7%+12.1%
Return on net worth+12.5%+17.8%+22.2%+19.0%+20.0%+12.2%
Debt / equity0.800.961.221.211.371.35
Long-term debt / equity0.440.500.620.550.510.43
Interest cover39.5535.5742.0441.8342.2562.13
Efficiency & per share
Fixed asset turnover1.341.671.942.142.151.25
Inventory turnover6.006.365.344.875.023.67
Debtors turnover9.438.377.116.465.733.36
EPS (β‚Ή)31.2832.4727.9818.3516.188.97
Dividend per share (β‚Ή)2.501.501.502.702.030.00
Book value per share (β‚Ή)262.04238.61147.18104.2088.5673.55
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue578529390422478382422364
Revenue growth (YoY)+21.1%+38.3%-7.6%+15.9%+25.9%+6.4%--
Other income2.100.853.906.4021.326.743.375.79
Total expenses490443315351400315351303
EBITDA88.8886.3774.5470.4877.6667.4970.5160.59
EBITDA margin+15.4%+16.3%+19.1%+16.7%+16.3%+17.6%+16.7%+16.7%
Depreciation29.3928.3824.0324.8825.7524.3921.2820.08
Interest16.3322.6321.7521.3319.3720.4818.8813.16
Profit before tax45.2636.2132.6630.6753.8629.3633.7233.14
Tax11.376.7210.028.9413.7711.803.748.85
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,6021,5521,2621,115961522529
Revenue growth+3.2%+23.0%+13.2%+16.0%+84.3%-1.5%-
Other income38.8938.4148.5117.8116.4420.503.67
Total expenses1,3201,3051,081963829444452
Employee cost13111112784.7076.5454.1753.17
EBITDA28224718115113378.0577.72
EBITDA margin+17.6%+15.9%+14.4%+13.6%+13.8%+15.0%+14.7%
Depreciation97.5676.9358.7344.6538.8730.3827.42
Interest82.8567.5951.4244.6639.6029.6034.12
Profit before tax14014011979.9070.6138.5719.85
Tax42.7833.6529.6821.0718.709.792.76
Net profit97.6610790.8358.6751.6929.9217.07
Net profit margin+6.1%+6.9%+7.2%+5.3%+5.4%+5.7%+3.2%
EPS (β‚Ή)25.8928.3727.9818.3516.198.985.33
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital18.8318.8316.0316.0316.0316.0316.03
Reserves & surplus933865456318268220192
Shareholders' funds (net worth)951884473334284236208
Secured loans664566523265299229209
Unsecured loans14112110591.6293.2688.8636.25
Total debt805687628356393317245
Total liabilities1,7781,5941,121699684564474
Assets
Gross block1,4131,222829620543461402
Net block898793465364327285247
Capital work in progress41.8460.5512224.060.611.148.26
Investments2582580.0115.2116.4716.4716.42
Inventories366314287239272157126
Sundry debtors176228214181204172139
Cash & bank balances10110811165.1735.038.9114.86
Loans & advances17814412256.2776.1547.9837.56
Total current assets822793734542588386318
Total current liabilities266356268271263127111
Net working capital556438466271325259208
Total assets1,7781,5941,121699684564474
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash67.2977.0540.527.630.254.121.42
Net cash from operating activities14926180.0222287.9334.2568.90
Net cash from investing activities(154)(558)(247)(104)(92.78)(66.27)(45.59)
Net cash from financing activities11.66286203(86.39)12.2328.24(20.60)
Net change in cash6.71(9.76)36.5232.077.38(3.78)2.70
Closing cash10110811165.1735.038.9114.86
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+3.2%+23.0%+13.2%+16.0%+84.3%-1.5%-
EBITDA growth+14.3%+36.2%+19.6%+14.1%+69.9%+0.4%-
PBT growth-0.1%+17.7%+49.4%+13.2%+83.1%+94.3%-50.8%
Net income growth-8.5%+17.5%+54.8%+13.5%+72.8%+75.3%-
Revenue CAGR (3Y)+12.8%+17.3%+34.2%+28.2%+15.3%+11.1%+22.8%
EBITDA CAGR (3Y)+23.0%+23.0%+32.4%+24.9%+13.8%+12.7%+32.3%
Profitability & leverage
Net income margin+6.1%+6.9%+7.1%+5.3%+5.4%+5.5%+3.2%
Return on capital employed+13.2%+15.3%+18.8%+18.0%+17.7%+13.1%+11.8%
Return on net worth+10.6%+15.8%+22.2%+19.0%+20.0%+13.0%+8.9%
Debt / equity0.810.971.221.211.371.271.28
Long-term debt / equity0.450.510.620.550.510.380.37
Interest cover44.9639.8442.0441.8442.2362.0967.83
Efficiency & per share
Fixed asset turnover1.361.701.941.921.921.341.54
Inventory turnover5.285.795.344.364.484.065.15
Debtors turnover8.887.877.115.785.113.703.63
EPS (β‚Ή)25.8928.3727.9818.3516.198.985.33
Dividend per share (β‚Ή)2.501.501.502.702.030.000.00
Book value per share (β‚Ή)252.60234.67147.18104.2188.5873.5664.82

Investments & Acquisitions by Pitti Laminations

Pitti Laminations has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bagadia Chaitra.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Industrial coatings and chemicals are manufactured for various sectors.
bcipl.netTumakuru, India2006Mar 2024β€’β€’β€’β€’
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Timeline of Pitti Laminations

3 dated milestones of Pitti Laminations across 41 years, from founding to its latest funding, stage changes and deals.

  1. Founded Pitti Laminations is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Bagadia Chaitra.

Web traffic of Pitti Laminations

The website of Pitti Laminations (pitti.in) receives about 8.3K visits a month.

  • Monthly visits
    8.3K

    ▲ 388.3% vs previous month

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Top companies in Contract & Outsourced Manufacturing

3 companies that operate in the same segment as Pitti Laminations (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.

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Industrial components, mould bases, and storage solutions are manufactured globally.
1986Coimbatore, Tamil Nadu, IndiaUSD 28 MUSD 853.09 M43
Single- and three-phase transformers are manufactured in Mumbai.
1993Mumbai, Maharashtra, IndiaUSD 114.37 M618
Apparel and clothing are manufactured and exported on contract.
1979Bengaluru, Karnataka, IndiaUSD 400 M40,280
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Related news about Pitti Laminations

Pitti Engineering: Company Approves Capital Expenditure Of 4.50 Billion Rupees To Expand Manufacturing Capabilities.
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PITTIENG: Q2 REVENUE 5.78B RUPEES VS 4.77B (YOY)
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Frequently Asked Questions about Pitti Laminations

Pitti Laminations was founded in 1983.

Pitti Laminations is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Pitti Laminations has 1,074 employees.

The primary company behind Pitti Laminations, Pitti Engineering Limited, reported revenue of β‚Ή1,968 Cr for FY 2026, up 11% year on year.

Founded in 1983, Pitti Laminations Ltd. is based in Hyderabad, India, where electrical steel laminations, motor cores, sub-assemblies, die cast rotors, and press tools are produced for the engineering sector. Manufacturing capacity is maintained at 32,000 metric tons per annum, with expansion to 50,000 tons planned at a facility near Hyderabad. Clients such as BHEL, BEML, Emerson, LT, and GE are served through these operations.

Pitti Laminations offers Engineering Components and Compliance and Marketing Services.

Yes, Pitti Laminations is publicly traded on NSE under the ticker symbol PITTIENG.

Pitti Laminations has made 1 acquisition, including Bagadia Chaitra.

Pitti Laminations operates through Pitti Engineering Limited.

The legal entities of Pitti Laminations currently have 9 directors, including Mary Monica Braganza, Akshay Sharad Pitti, Sharad Badrivishal Pitti and others.

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