About Pitti Rail and Engineering Components Limited
Data last updated:
Pitti Rail and Engineering Components Limited was a public limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Pitti Engineering Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 05 October 2020.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29100TG2020PLC144524.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors including Pavankumar Mamillapalli and Akshay Sharad Pitti.
Its last annual general meeting (AGM) was held on 12 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 6 – 3 – 648/401 4th Floor Padmaja Landmark Somajiguda, Hyderabad, Telangana, India – 500082.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.6 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹21,000 (net margin 13.1%) and EBITDA of -₹69,000 (EBITDA margin -43.1%).
The last known website on record is pitti.in.
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- Website
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- Registered Address6 – 3 – 648/401 4th Floor Padmaja Landmark Somajiguda, Hyderabad, Telangana, India – 500082
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing, Industrial Tools & Components
- 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
- One PDF report, delivered after checkout
Financials of Pitti Rail and Engineering Components Limited FY 2024 filings available
Pitti Rail and Engineering Components Limited reported revenue of ₹1.6 Lakh (up 15900% YoY) for FY 2023.
Financial Statement Summary of Pitti Rail and Engineering Components Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹1.6 Lakh | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹69,000 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21,000 | •••• | •••• |
| 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 of Pitti Rail and Engineering Components Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -43.1% | •••• | •••• |
| Net Profit Margin | 13.1% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Pitti Rail and Engineering Components are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Pitti Rail and Engineering Components Limited
Pitti Rail and Engineering Components Limited is audited by Talati & Talati LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Talati & Talati LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Pitti Rail and Engineering Components Limited
Pitti Rail and Engineering Components has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pavankumar Mamillapalli Also directs: Dakshin Foundry Private Limited | Director | 13 Apr 2022 | 4 Years 6 Months | As last reported |
| Akshay Sharad Pitti Also directs: Pitti Engineering Limited, Pitti Electrical Equipment Private Limited, Pitti Holdings Private Limited and 5 more | Director | 05 Oct 2020 | 6 Years 0 Months | As last reported |
| Sharad Badrivishal Pitti Also directs: Pitti Engineering Limited, Pitti Electrical Equipment Private Limited, Pitti Holdings Private Limited and 2 more | Director | 05 Oct 2020 | 6 Years 0 Months | As last reported |
Ownership and Shareholding of Pitti Rail and Engineering Components Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Pitti Rail and Engineering Components Limited
Pitti Rail and Engineering Components Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Pitti Rail and Engineering Components Limited
Pitti Rail and Engineering Components Limited has a workforce of 0 employees as of May 17, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Pitti Rail and Engineering Components Limited
Pitti Rail and Engineering Components Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Nandkishore Khandelwal ceased to be Director on 13 Apr 2022.
Credit Ratings, Litigation & Regulatory Alerts for Pitti Rail and Engineering Components Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Pitti Rail and Engineering Components Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Pitti Rail and Engineering Components Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Pitti Rail and Engineering Components Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Pitti Rail and Engineering Components Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Pitti Rail and Engineering Components Limited
Frequently Asked Questions about Pitti Rail and Engineering Components Limited
Pitti Rail and Engineering Components has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Pitti Rail and Engineering Components was a public limited company based in Hyderabad, Telangana, India. The company worked in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 05 October 2020 and is registered under CIN U29100TG2020PLC144524. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Pitti Rail and Engineering Components was incorporated on 05 October 2020. It is registered with the Registrar of Companies, Hyderabad.
Pitti Rail and Engineering Components had 3 directors:
- Pavankumar Mamillapalli - Director
- Akshay Sharad Pitti - Director
- Sharad Badrivishal Pitti - Director
The CIN (Corporate Identification Number) of Pitti Rail and Engineering Components is U29100TG2020PLC144524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Pitti Rail and Engineering Components is at 6 – 3 – 648401 4th Floor Padmaja Landmark Somajiguda, Hyderabad, Telangana, India – 500082.
Pitti Rail and Engineering Components can be reached through the website pitti.in. Its registered office is in Hyderabad, Telangana, India.
Pitti Rail and Engineering Components reported revenue of ₹1.6 Lakh for FY 2023 (up 15900% YoY).
Pitti Rail and Engineering Components has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.
Pitti Rail and Engineering Components reported a net profit of ₹21,000 (net margin 13.1%) and EBITDA of -₹69,000 (EBITDA margin -43.1%) for FY 2023, as per its filed financial statements.