Pitti Engineering Q1 FY26: Revenue Grows 17% Y-o-Y to Rs. 457 Crore, EBITDA Increases by 30%
Pitti Engineering Limited, a leading producer of electrical steel laminations and machined components in India, announced its un-audited financial results for the first quarter of FY26 ended 30th June 2025. The company reported a 17% year-on-year increase in revenue, reaching Rs. 457 crore, and a 30% growth in EBITDA, totaling Rs. 75 crore. The profit after tax (PAT) also rose by 17% to Rs. 23 crore. The company's capacity utilization for machined hours, sheet metals, and casting showed positive trends, with sales volumes for raw castings, stator-frames-core drop, and child parts-machined components experiencing growth. Pitti Engineering also secured a second platform for alternators for data centers with an existing customer and received technical approvals for a revarnishing line. A capex of Rs. 150 crores has been approved to enhance the manufacturing capacities of the company and its subsidiaries.
Key Highlights
- Revenue grows 17% Y-o-Y to Rs. 457 crore for Q1FY26
- EBITDA increases by 30% to Rs. 75 crore for Q1FY26
- PAT rises 17% to Rs. 23 crore for Q1FY26
- Capacity utilization improves for machined hours, sheet metals, and casting
- Sales volumes for raw castings, stator-frames-core drop, and child parts-machined components show growth
- Received technical approvals for a revarnishing line
- Secured a second platform for alternators for data centers with an existing customer
- Approved a capex of Rs. 150 crores for enhancing manufacturing capacities