Pitti Engineering Ltd-$ Q4 FY26 Results

Summary

Pitti Engineering Limited's Board of Directors, at their meeting on May 14, 2026, approved the audited financial results for the quarter and year ended March 31, 2026, which received an unmodified audit opinion. The Board also recommended a final dividend of ₹2.50 per equity share for the financial year. A significant capital expenditure of ₹290 crores was approved for a new greenfield casting and machined components facility, which is intended to meet strong demand from OEM customers and capitalize on emerging growth opportunities. This project, expected to be completed in three years, will substantially increase the company's casting capacity to 36,000 MT per annum and will be financed through internal accruals and lease finance.

Key Highlights

1. 1

   The Board of Directors approved the audited financial results (standalone & consolidated) for the quarter and year ended March 31, 2026, which received an unmodified opinion from statutory auditors.

2. 2

   A final dividend of ₹2.50 (50%) per equity share of face value ₹5 each has been recommended for the financial year ended March 31, 2026, subject to member approval.

3. 3

   The company approved a capital expenditure of ₹290 crores for setting up a new greenfield casting and machined components facility.

4. 4

   The new greenfield facility is expected to be completed in three years and will increase the total combined installed casting capacity to 36,000 MT per annum, from the current 18,600 MT with 6,000 MT incremental capacity under implementation.

5. 5

   This capital expenditure will be funded through a mix of internal accruals and lease finance, driven by strong demand from OEM customers across multiple segments.