| Metric | Value (₹ Cr) | vs Q4 FY25 |
|---|---|---|
| Revenue | 456.56 | 2.6% |
| Total Income | 463.97 | 1.8% |
| Expenditure | 427.42 | 0.6% |
| PBT | 36.55 | 13.4% |
| Net Profit | 22.88 | 36.7% |
| OPM | 16.50% | 0.58pp |
| NPM | 4.93% | 2.72pp |
| EPS | 6.14 | 36.1% |
Pitti Engineering Q1 FY26: Revenue at Rs. 457 Cr, EBITDA at Rs. 75 Cr, PAT at Rs. 23 Cr
07 Aug 2025 · 7 Aug 2025, 09:05 pm
Summary
Pitti Engineering Limited, a leading producer of electrical steel laminations and machined components, announced its un-audited Financial Results for the first Quarter of FY26 ended 30 June 2025. The company reported a revenue of Rs. 457 Cr, an EBITDA of Rs. 75 Cr, and a PAT of Rs. 23 Cr. The company's capacity utilization and sales volumes have seen significant growth. Pitti Engineering has also secured technical approvals and commercial production for a revarnishing line, and has expanded its manufacturing capacities for sheet metals, machine hours, and castings.
Key Highlights
- 1
Capacity utilization of Machined Hours stood at 82%
- 2
Sheet metals at 70%
- 3
Casting at 69%
- 4
Sales volumes - stator frames - core drop registered a 28.0% growth
- 5
Shafts - machined components increased by 19.8%
- 6
Stator frame or rotor shaft integrated assemblies — laminations grew by 15.8%
- 7
Received Technical approvals & supplied Sample Products for the revarnishing line
- 8
Successfully secured a second platform for alternators for data centers with an existing customer
- 9
Approved a capex of Rs. 150 crores for enhancing of the manufacturing capacities
Management Comments
Mr. Akshay S Pitti
Managing Director & CEO
We delivered a strong start to FY26 with revenue growing 17% year-on- year to Rs. 457 crore for QIFY26, EBITDA increasing by 30% to Rs. 75 crore, and PAT rising 17% to Rs. 23 crore. Demand from end-user industries remains strong, supported by healthy order enquines and bookings. Our backward integration capabilities and diversified product portfolio, which caters to multiple industries, position us well fo tap into the expanding domestic market. On the international front, our exports business continues to grow steadily, contributing 31% to revenues in QIFY26. Backed by long-standing relationships and a track record of reliable supply to marquee customers in both domestic and global markets, we are well equipped to leverage the rising demand for laminations and machined components, while also offering increased value-added solutions tailored to customer requirements. Our performance during the quarter validates our business model— focused on integrated manufacturing, value addition, and scale. The uptick in EBITDA and steady cash generation give us the confidence to pursue our longer-term strategic goals. With the integration of Bagadia Chaitra and Dakshin Foundry progressing on track and capacity ramp-ups underway, we are well-positioned to support consistent growth through the remainder of the year.
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