About
Basic Data Updated:
11 days agoPitti Engineering Limited, previously known as Pitti Laminations Limited, is a company that specializes in the production of electrical laminations. These laminations are manufactured at the company's plants located in Mahaboobnagar, Telangana and Pune, Maharashtra, with a total installed capacity of 32,000 MTPA. The laminations are primarily used in rotating electrical machinery, such as industrial motors and aeronautic wing control motors. In addition to this, the company also produces die-cast rotors, assembled stators, press tools, jigs, and fixtures. The end users of PLL's products include the Power, Mining, Transportation, and Heavy Industrial Motors segments. It is worth noting that the company holds ISO 9002 and ISO 9001:2008 certifications, ensuring high-quality standards in its ... Read More
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
Products or Services related to Pitti Engineering Limited
Financials of Pitti Engineering Limited
Pitti Engineering Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.22% increase. The company also saw a substantial improvement in profitability, with a 13.36% increase in profit. The company's net worth Soared by an impressive increase of 17.65%.
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Corporate Structure
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People in Pitti Engineering Limited
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Executive Team (3)
SP
Sharad Pitti Managing DirectorAppointment Date: 17-Sep-1983
Status: Current
PM
Pavankumar Mamillapalli CFOAppointment Date: 12-Nov-2022
Status: Current
MB
Mary Braganza Company SecretaryAppointment Date: 14-Dec-2017
Status: Current
Board Members(7)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Others Creation Date: 15 Feb 2024 | ₹75.00 Cr | Open |
Others Creation Date: 28 Dec 2023 | ₹203.97 Cr | Open |
Canara Bank Creation Date: 30 Sep 2023 | ₹221.23 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Pitti Castings Private Limited
Active 12 years 4 monthsSharad Pitti and Akshay Pitti are mutual person
Recent activity within the organization
Charges
A charge with Sbicap Trustee Company Limited of Rs. 798.71 cr registered on 08 Jun 2022 with Charge ID 100588482 was modified on 28 Feb 2024.
28 Feb 2024Charges
A charge with Others amounted to Rs. 75.00 cr with Charge ID 100880236 was registered on 15 Feb 2024.
15 Feb 2024Charges
A charge registered on 11 Aug 2023 via Charge ID 100772488 with Others was fully satisfied on 19 Jan 2024.
19 Jan 2024Charges
A charge with Others amounted to Rs. 203.97 cr with Charge ID 100838072 was registered on 28 Dec 2023.
28 Dec 2023Charges
A charge with Canara Bank amounted to Rs. 221.23 cr with Charge ID 100800054 was registered on 30 Sep 2023.
30 Sep 2023
Recent News, Updates & Announcement
- Pitti Engineering wins Company of the Year Manufacturing award.
Udaipurkiran 02 Nov 2018
- Pitti Engineering nets 22 cr in Q4.
Business Line 16 May 2018
- Pitti Laminations Limited on Course to be Pitti Engineering Limited.
Prnewswire 16 Apr 2018
- Board of Pitti Laminations approves change in company name.
Business Standard 09 Mar 2018
- Pitti Laminations Quarterly Results Pitti Laminations Limited.
4-Traders 30 Jun 2017
Frequently asked questions
What is the Incorporation or founding date of Pitti Engineering Limited?