Company Pitti Engineering Limited

Equities

PITTIENG

INE450D01021

Electrical Components & Equipment

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sales per Business

Sales per region

EPS Revisions

Annual profits - Rate of surprise

Sector Other Electrical Components & Equipment

Market Closed - Bombay S.E. Other stock markets 06:00:48 2024-04-30 am EDT			5-day change	1st Jan Change
880 ^INR	-2.05%		+7.68%	+25.01%

Mar. 14	Transcript : Bagadia Chaitra Industries Private Limited, Pitti Engineering Limited - M&A Call
Mar. 12	Pitti Engineering to Acquire Bagadia Chaitra Industries	MT

Pitti Engineering Limited is an India-based company, which is engaged in the manufacture of engineering products of iron and steel. These products include electrical steel laminations, stator and rotor core assemblies, sub-assemblies, pole assemblies, die-cast rotors, press tools and high precision machining of various metal components. The Company operates through Engineering Products of Iron and Steel segment. The Company supplies a range of engineering products to various diversified segments, such as hydro and thermal generation, windmill, mining, cement, steel, sugar, construction, lift irrigation, freight rail, passenger rail, mass urban transport, e-mobility, appliances, medical equipment, oil and gas and several other industrial applications. It is engaged in the manufacture of engineering products/components through its wholly owned subsidiary, Pitti Rail and Engineering Components Limited. Its manufacturing units are located in Hyderabad and Aurangabad.

Number of employees: 1,331

INR in Million	2022	Weight	2023	Weight	Delta
Engineering Products of iron and Steel 100.2 %	8,377	87.8 %	11,025	100.2 %	+31.61%
Discount to Customers -1.3 %	-73	-0.8 %	-146	-1.3 %	+99.55%
Job Work & Service 0.6 %	49	0.5 %	69	0.6 %	+40.81%
Export Incentives and Others 0.5 %	39	0.4 %	54	0.5 %	+39.76%

INR in Million	2022	Weight	2023	Weight	Delta
India 66.9 %	6,741	69.5 %	7,475	66.9 %	+10.88%
International 33.1 %	2,961	30.5 %	3,705	33.1 %	+25.12%

Managers	Title	Age	Since
Akshay Sharad Pitti CEO	Chief Executive Officer	38	04-10-13
Sharad Badrivishal Pitti CEO	Chief Executive Officer	66	83-09-16
Pavankumar M. DFI	Director of Finance/CFO	45	16-12-31
Sandip Agarwala COO	Chief Operating Officer	-	11-03-31
Mary Monica Braganza CMP	Compliance Officer	-	17-12-15
Vijaya Kumar Gummalla BRD	Director/Board Member	68	06-08-27
Rishab Gupta PRN	Corporate Officer/Principal	-	12-09-30
B. P. Jayaram SAM	Sales & Marketing	-	-

Members of the board	Title	Age	Since
Nagabhushana Rao Ganti BRD	Director/Board Member	75	02-10-15
Sharad Badrivishal Pitti CEO	Chief Executive Officer	66	83-09-16
Akshay Sharad Pitti CEO	Chief Executive Officer	38	04-10-13
Muddusetty Gopalakrishna BRD	Director/Board Member	85	07-06-27
Swaminathan Thiagarajan BRD	Director/Board Member	69	15-04-23
Vijaya Kumar Gummalla BRD	Director/Board Member	68	06-08-27
Comal Ramachandran Gayathri BRD	Director/Board Member	75	14-09-21
Yogender Bahadur Sahgal BRD	Director/Board Member	70	Nov. 08

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	32,050,067	11,929,370 ( 37.22 %)	0	37.22 %

Name	Equities	%	Valuation
Pitti Electrical Equipment Pvt Ltd. 26.98 %	8,647,267	26.98 %	79 M ₹
Pitti Sharad B Shri 13.57 %	4,349,926	13.57 %	40 M ₹
Pitti Akshay S Shri 13.19 %	4,228,414	13.19 %	39 M ₹
Pitti Madhuri S Smt 5.487 %	1,758,620	5.487 %	16 M ₹
Kotak Mahindra Life Insurance Co., Ltd. 1.719 %	550,901	1.719 %	5 M ₹
Atul Agarwal 1.248 %	400,000	1.248 %	4 M ₹
Government of India 1.246 %	399,217	1.246 %	4 M ₹
quant Money Managers Ltd. 0.6303 %	202,022	0.6303 %	2 M ₹
LIC Mutual Fund Asset Management Ltd. 0.5683 %	182,139	0.5683 %	2 M ₹

Pitti Engineering Ltd.

6-3-648/401, Padmaja Landmark 4th Floor

500082, Hyderabad

+91 40 2331 2774

http://www.pitti.in

address Pitti Engineering Limited(PITTIENG)

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

898.4 INR

Average target price

1,083 INR

Spread / Average Target

+20.55%

Consensus

Estimates Revisions

Company calendar

Industrials

Industrial Goods

Machinery, Equipment & Components

Electrical Components & Equipment

Other Electrical Components & Equipment

	1st Jan change	Capi.
PITTI ENGINEERING LIMITED	+25.01%	345M
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