Pitti Engineering Ltd P/E Ratio

The P/E Ratio of Pitti Engineering Ltd is 46.7 as of 26 Jul 9.00 AM .a1#The P/E Ratio of Pitti Engineering Ltd changed from 7.4 on March 2021 to 14.7 on March 2023 . This represents a CAGR of 25.71% over 3 years. a1#The Latest Trading Price of Pitti Engineering Ltd is ₹ 1186 as of 25 Jul 15:30 .a1#The PE Ratio of Capital Goods-Non Electrical Equipment Industry has changed from 10.5 to 33.9 in 5 years. This represents a CAGR of 26.42%a1# The PE Ratio of Automobile industry is 18.9. The PE Ratio of Capital Goods-Non Electrical Equipment industry is 46.8. The PE Ratio of Finance industry is 23.0. The PE Ratio of IT - Software industry is 29.1. The PE Ratio of Retail industry is 143.1. The PE Ratio of Textiles industry is 24.3. In 2024a1#The Market Cap of Pitti Engineering Ltd changed from ₹ 213.61 crore on March 2021 to ₹ 865.67 crore on March 2023 . This represents a CAGR of 59.43% over 3 years. a1#The Revenue of Pitti Engineering Ltd changed from ₹ 311.06 crore to ₹ 359.32 crore over 8 quarters. This represents a CAGR of 7.48% a1#The EBITDA of Pitti Engineering Ltd changed from ₹ 35.97 crore to ₹ 80.08 crore over 8 quarters. This represents a CAGR of 49.21% a1#The Net Pr of Pitti Engineering Ltd changed from ₹ 11.7 crore to ₹ 40.35 crore over 8 quarters. This represents a CAGR of 85.71% a1#The Dividend Payout of Pitti Engineering Ltd changed from 12.51 % on March 2019 to 14.71 % on March 2023 . This represents a CAGR of 8.44% over 2 years. a1#

Pitti Engineering Limited (Formerly known as Pitti Laminations Limited) was incorporated on September 17, 1983. The Company is engaged in manufacture of engineering products of iron and steel including electrical steel lamination, sub-assemblies for motor & generator cores, die-cast rotors and machined casted & fabricated parts and shafts. The Company supplies a range of engineering products to vastly diversified segments like 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 & gas and several other Industrial applications. Their products finds a suitable application in almost all engineering application. The company came out with a public issue of 19 lac shares at a premium of Rs 10 per share, aggregating Rs 3.80 cr, in Jan.'94. The proceeds of the issue were utilised to part-finance the Rs 5.6-cr project to expand the company's product range of electrical-grade stampings. PLL has been awarded the ISO 9002 certification by Bureau Veritas Quality International (BVQI) for the manufacture of electrical stampings and die-cast rotors. The company's clientele includes prestigeous companies like Asea Brown Boveri, Siemens, GEC, Kirloskar, Crompton Greaves, Bharat Bijlee, etc. In 1994-95, PLL expanded its capacity to 4000 tpa. It has launched a second expansion programme to raise the capacity from 4000 tpa to 6000 tpa at an estimated cost of Rs 4.80 cr. The expansion scheme is designed to produce higher volumes of stampings of different diameters to serve the specific needs of the customers. It plans to integrate forward into the manufacture of die-cast rotors and wound stators. At the end of the financial year 1998-99, the company's accumulated losses exceeded its net worth, therefore the company would be treated as a Sick Industrial Company under the provisions of the Sick Industrial Companies (special provisions) Act, 1985. During the year 99-00 a growth of 18.76% was achieved in sales.In the year 2000 the BIFR has declared the company as Sick company and State Bank of India,Industrial Finance Branch Hydrebad has been appointed as Operating agency. The company has registered a growth of 11.98% in the turnover during the year 2000-01.Therefore the turnover of the company is stood at Rs.2520.09 lakhs during the year 2001 as against Rs.2250.42 lakhs in the previous year. Though the improvement in sales volume is nominal, larger revenue has derived from commercialization of tool room and relatively higher exports during the year. The Phase I New Plant with an installed capacity of 4000 MT per annum commenced commercial operations on 13th April, 2005. The expansion-cum-modernisation project of the Company was commissioned in Sep' 06. The Forward Integration Project of Motor Housing was commissioned on January 28, 2008. During the year 2017-18, the Company had commenced operations at the Aurangabad and commenced commercial production at Hyderabad (Plant -IV). The Company's name was renamed from Pitti Laminations Limited' to Pitti Engineering Limited', effective from May 08, 2018. During the year 2020-21, Company incorporated a Wholly Owned Subsidiary (WoS) viz., Pitti Rail and Engineering Components Limited on 5th October 2020.