Pitti Electrical Equipment Private Limited

Pitti Electrical Equipment Private Limited - metals and minerals in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U31909TG1995PTC019901 Incorporated 03 April 1995 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company metals and minerals MSME
Data last updated
Revenue · FY 2025
₹13.5 Cr
▲ 74% YoY
Net profit · FY 2025
₹32.22 Cr
Net margin 238.7%
EBITDA · FY 2025
-₹74.11 Lakh
EBITDA margin -5.5%
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹11.78 Cr
Issued & subscribed
Satisfied charges
₹7.77 Cr
No open charges
Company age
31 yrs
Est. 1995
Employees · EPFO
5
Provident fund records

About Pitti Electrical Equipment Private Limited

Data last updated:

Pitti Electrical Equipment Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 03 April 1995 and has been in existence for over 31 years.

Its director Sharad B Pitti and family are #1,028 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U31909TG1995PTC019901. Its GSTIN is 36AACCP8334P1ZU (Telangana). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹11.78 Cr. It was formerly known as Pitti Electrical Equipment Limited. It is led by directors Akshay Sharad Pitti and Sharad Badrivishal Pitti.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6 – 3 – 648/2 Somajiguda Rajbhavan Road, Hyderabad, Telangana, India.

As per the financials filed for FY 2025, the company reported a revenue of ₹13.5 Cr, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹32.22 Cr (net margin 238.7%) and EBITDA of -₹74.11 Lakh (EBITDA margin -5.5%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 37% over five years.

The company has about 5 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

As per MCA filings, the company has satisfied charges of ₹7.77 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 9 deals on record (6 funding rounds, 3 secondary share transfers), with disclosed funding of ₹20.75 Cr; the latest was in January 2022. Its 4 peer companies in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 1 smaller; the largest is Bharati Sponge Private Limited with revenue of ₹13.56 Cr. The company has 3 MSME Form 1 returns on record between 2020 and 2021, listing 22 overdue payments to 15 micro and small suppliers.

Pitti Electrical Equipment Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-02-0031456). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pitti.in.

Company details

CIN U31909TG1995PTC019901
Registration Number 019901
Incorporation Date 03 April 1995
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TS-02-0031456

CIN history

Pitti Electrical Equipment has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U31909TG1995PTC019901, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U31909TG1995PTC019901Current
U31909AP1995PLC019901Previous
U31909AP1995PTC019901Previous
Key People
Akshay Sharad Pitti Director Sharad Badrivishal Pitti Director

Recognitions & Rankings of Pitti Electrical Equipment

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-TS-02-0031456

Contact details

Pitti Electrical Equipment Private Limited's registered office is in Hyderabad, Telangana. Its website is pitti.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    pitti.in
  • Registered Address
    6 – 3 – 648/2 Somajiguda Rajbhavan Road, Hyderabad, Telangana, India
  • Industry
    Metals and Minerals, Metal Retail & Distribution

To see the full contact details of Pitti Electrical Equipment Private Limited, buy the company report.

Comprehensive company report
Pitti Electrical Equipment Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Pitti Electrical Equipment is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Pitti Electrical Equipment Private Limited, buy the company report.

Financials of Pitti Electrical Equipment Private Limited

FY 2024 filings available

Pitti Electrical Equipment Private Limited reported revenue of ₹13.5 Cr (up 74% YoY) for FY 2025.

Revenue · FY 2025
₹13.5 Cr ▲ 74%
Net profit · FY 2025
₹32.22 Cr margin 238.7%
EBITDA · FY 2025
-₹74.11 Lakh margin -5.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 74%
3 years · compounded
▼ 54%
5 years · compounded
▼ 37%
EBITDA CAGR growth
1 year
▼ 153%
3 years · compounded
▼ 28%
5 years · compounded
▼ 16%

Revenue rose 74% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 37%. EBITDA fell 153% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹74.11 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹32.22 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-5.5%
Net Profit Margin238.7%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Pitti Electrical Equipment Private Limited, buy the company report.

Board of directors of Pitti Electrical Equipment Private Limited

Pitti Electrical Equipment has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Akshay Sharad Pitti
Also directs: Pitti Engineering Limited, Pitti Holdings Private Limited, Pitti Components Limited and 4 more
Director22 Dec 200322 Years 10 MonthsCurrent
Sharad Badrivishal Pitti
Also directs: Pitti Engineering Limited, Pitti Holdings Private Limited, Pitti Components Limited and 1 more
Director03 Apr 199531 Years 6 MonthsCurrent
View all directors

Peer comparison

Pitti Electrical Equipment Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bharati Sponge Private Limited₹13.56 Cr (FY 2025)-32.0%Kolkata, West Bengal, India
Sanjay Alloys Private Limited₹13.54 Cr (FY 2025)Bangalore, Karnataka, India
Sym Singhal Alloys Private Limited₹13.53 Cr (FY 2025)14.0%Howrah, West Bengal, India
Pitti Electrical Equipment Private Limitedthis company₹13.5 Cr (FY 2025)₹32.22 Cr238.7%74.0%5Hyderabad, Telangana, India
Elegance Metal Private Limited₹13.49 Cr (FY 2024)-22.0%Naroda, Gujarat, India

To see the full peer comparison of Pitti Electrical Equipment Private Limited, buy the company report.

Auditor

Pitti Electrical Equipment Private Limited is audited by SVD & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SVD & AssociatesFY 2023015405S

Shareholding

The shareholding of Pitti Electrical Equipment Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Pitti Electrical Equipment Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹7.77 Cr
Breakdown by lending institutions
Indian Overseas Bank₹3.00 Cr
Axis Bank Limited₹2.12 Cr
Agroha Co-Operative Urbank Bank Ltd₹1.95 Cr
Others₹0.70 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 May 2021100440934Axis Bank Limited₹2.12 CrSatisfied
20 Apr 2019100264648Others₹70 LakhSatisfied
30 Dec 200910201112Indian Overseas Bank₹3 CrSatisfied
01 Oct 200910186675Agroha Co-Operative Urbank Bank Ltd₹1.95 CrSatisfied

To see the full charge records of Pitti Electrical Equipment Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Pitti Electrical Equipment Private Limited has 9 deals on record (6 funding rounds, 3 secondary share transfers), with disclosed funding of ₹20.75 Cr; the latest was in January 2022.

Total deals
9
Funding rounds
6
Secondary share transfers
3
Disclosed funding
₹20.75 Cr

Deals on record (5 of 9)

WhenDealAmountParties
Jan 2022Secondary share transferUndisclosedBuyer: an individual
Seller: 4 individuals
Oct 2019Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Aug 2011Funding round₹2.95 CrInvestors: Facit Sales Pvt.Ltd. , Mangaldham Dealers Private Limited , Zeus Vinimay Pvt.Ltd.
Apr 2010Funding round₹3.2 CrInvestors: Jugantar Mercantiles Pvt Ltd. , Facit Sales Pvt.Ltd. , Sunidhi Fincon Private Limited
Apr 2009Funding round₹3.35 CrInvestors: Jugantar Mercantiles Pvt Ltd. , Gangaur Properties Pvt Ltd , Rajmandir Estates Pvt Ltd

To see the full deal history of Pitti Electrical Equipment Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Pitti Electrical Equipment Private Limited has 3 MSME Form 1 returns on record between 2020 and 2021, listing 22 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 15)

SupplierAmount dueDue sinceReported on
an individual supplier
Sumati Sales Corporation
Pooja & Company
an individual supplier
Emuge - Franken India Private Limited

To see the full MSME payment records of Pitti Electrical Equipment Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Pitti Electrical Equipment has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
Pitti Castings Private LimitedU27310TG2011PTC077833

To see the full group structure of Pitti Electrical Equipment Private Limited, buy the company report.

Employees & EPFO

Pitti Electrical Equipment Private Limited has a workforce of 5 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.

Employee count
5
Active EPFO establishments
1

GST

Pitti Electrical Equipment has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
36AACCP8334P1ZUTelanganaActive01 Jul 2017

To see the full GST registrations and return filing status of Pitti Electrical Equipment Private Limited, buy the company report.

Recent activity

Pitti Electrical Equipment Private Limited has 8 board changes on record since 1995: 2 appointments and 6 cessations. The latest: Yogender Bahadur Sahgal ceased to be Director on 11 Aug 2021.

AGM
Pitti Electrical Equipment Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Pitti Electrical Equipment Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge registered on 30 Dec 2009 via Charge ID 10201112 with Indian Overseas Bank was fully satisfied on 24 Nov 2022.
Charges
A charge registered on 04 May 2021 via Charge ID 100440934 with Axis Bank Limited was fully satisfied on 01 Aug 2022.
Charges
A charge registered on 20 Apr 2019 via Charge ID 100264648 with Others was fully satisfied on 21 Apr 2022.
Ceased
Yogender Bahadur Sahgal ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.12 Cr with Charge ID 100440934 was registered on 04 May 2021.
Ceased
Sumit Mohanlal Panjabi ceased to be Company Secretary.
Charges
A charge with Indian Overseas Bank of Rs. 3.00 Cr registered on 30 Dec 2009 with Charge ID 10201112 was modified on 11 Jun 2019.
Charges
A charge registered on 01 Oct 2009 via Charge ID 10186675 with Agroha Co-Operative Urbank Bank Ltd was fully satisfied on 25 Apr 2019.
Charges
A charge with Others amounted to Rs. 0.70 Cr with Charge ID 100264648 was registered on 20 Apr 2019.
Ceased
Vijay Aditya Dantu ceased to be Additional Director.

9 earlier events are in the company report.

News

Frequently asked questions

Pitti Electrical Equipment is an active private limited company based in Hyderabad, Telangana, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 03 April 1995 (31+ years old) and is registered under CIN U31909TG1995PTC019901.

Pitti Electrical Equipment has 2 current directors:

The latest financial statements of Pitti Electrical Equipment on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Pitti Electrical Equipment is 36AACCP8334P1ZU, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Pitti Electrical Equipment is U31909TG1995PTC019901. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Pitti Electrical Equipment has 1 court case on record: 1 filed against it.

Pitti Electrical Equipment was incorporated on 03 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Hyderabad.

Pitti Electrical Equipment has 9 deals on record (6 funding rounds, 3 secondary share transfers), with disclosed funding of ₹20.75 Cr; the latest was in January 2022.

The peers of Pitti Electrical Equipment by revenue are Bharati Sponge Private Limited, Sanjay Alloys Private Limited, Sym Singhal Alloys Private Limited, Elegance Metal Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).

Yogender Bahadur Sahgal ceased to be Director on 11 Aug 2021. Sumit Mohanlal Panjabi ceased to be Company Secretary on 25 Aug 2020. Vijay Aditya Dantu ceased to be Additional Director on 02 Nov 2015. Pitti Electrical Equipment has 8 board changes on record in total.

Yes, Pitti Electrical Equipment is registered as an MSME under Udyam registration (number: UDYAM-TS-02-0031456).

Pitti Electrical Equipment has 3 MSME Form 1 returns on record between 2020 and 2021, listing 22 overdue payments to 15 micro and small suppliers. The latest return was filed on 22 Oct 2021.