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Last Updated on: 30 April, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 513519 | NSE: PITTIENG

Pitti Engineering Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 30, 2025, 9:18 pm

Market Cap 3,565 Cr.
Current Price 946
High / Low 1,512/796
Stock P/E33.4
Book Value 235
Dividend Yield0.16 %
ROCE16.0 %
ROE16.4 %
Face Value 5.00
PEG Ratio1.08

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Pitti Engineering Ltd

Competitors of Pitti Engineering Ltd

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Miven Machine Tools Ltd 24.8 Cr. 82.6 126/67.0 17.80.00 %%% 10.0
Incon Engineers Ltd 6.94 Cr. 16.0 24.8/10.9 0.440.00 %72.7 %162 % 10.0
Hittco Tools Ltd 7.79 Cr. 12.6 16.0/9.64 4.300.00 %7.27 %5.66 % 10.0
Harshil Agrotech Ltd 203 Cr. 2.85 19.3/1.5518.0 0.860.00 %16.4 %13.5 % 1.00
Gujarat Toolroom Ltd 198 Cr. 1.42 4.11/1.331.89 1.2411.7 %179 %170 % 1.00
Industry Average3,202.82 Cr431.2239.81121.240.56%29.42%27.31%6.30

All Competitor Stocks of Pitti Engineering Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 265271311304238248290303302328360379364
Expenses 231236275268199207247258250279304320303
Operating Profit 34353537394142455149565961
OPM % 13%13%11%12%16%16%15%15%17%15%16%16%17%
Other Income 115101161133314266
Interest 10121112121012111414171913
Depreciation 9111011111313131614161920
Profit before tax 16271514173419332552264733
Tax % 26%27%22%29%28%26%25%32%38%23%30%28%27%
Net Profit 12201210122514221640193424
EPS in Rs 3.626.173.653.173.787.754.366.874.9012.595.789.606.45

Last Updated: February 28, 2025, 5:51 pm

Below is a detailed analysis of the quarterly data for Pitti Engineering Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is 364.00 Cr.. The value appears to be declining and may need further review. It has decreased from 379.00 Cr. (Sep 2024) to 364.00 Cr., marking a decrease of 15.00 Cr..
  • For Expenses, as of Dec 2024, the value is 303.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 320.00 Cr. (Sep 2024) to 303.00 Cr., marking a decrease of 17.00 Cr..
  • For Operating Profit, as of Dec 2024, the value is 61.00 Cr.. The value appears strong and on an upward trend. It has increased from 59.00 Cr. (Sep 2024) to 61.00 Cr., marking an increase of 2.00 Cr..
  • For OPM %, as of Dec 2024, the value is 17.00%. The value appears strong and on an upward trend. It has increased from 16.00% (Sep 2024) to 17.00%, marking an increase of 1.00%.
  • For Other Income, as of Dec 2024, the value is 6.00 Cr.. The value appears to be declining and may need further review. It has decreased from 26.00 Cr. (Sep 2024) to 6.00 Cr., marking a decrease of 20.00 Cr..
  • For Interest, as of Dec 2024, the value is 13.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 19.00 Cr. (Sep 2024) to 13.00 Cr., marking a decrease of 6.00 Cr..
  • For Depreciation, as of Dec 2024, the value is 20.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 19.00 Cr. (Sep 2024) to 20.00 Cr., marking an increase of 1.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is 33.00 Cr.. The value appears to be declining and may need further review. It has decreased from 47.00 Cr. (Sep 2024) to 33.00 Cr., marking a decrease of 14.00 Cr..
  • For Tax %, as of Dec 2024, the value is 27.00%. The value appears to be improving (decreasing) as expected. It has decreased from 28.00% (Sep 2024) to 27.00%, marking a decrease of 1.00%.
  • For Net Profit, as of Dec 2024, the value is 24.00 Cr.. The value appears to be declining and may need further review. It has decreased from 34.00 Cr. (Sep 2024) to 24.00 Cr., marking a decrease of 10.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 6.45. The value appears to be declining and may need further review. It has decreased from 9.60 (Sep 2024) to 6.45, marking a decrease of 3.15.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 22, 2025, 11:58 am

MetricMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 3052453353082833796225255189541,1001,2021,430
Expenses 2642122952892503235304474398219481,0231,206
Operating Profit 413341193455927880133152179225
OPM % 13%13%12%6%12%15%15%15%15%14%14%15%16%
Other Income 122232141916174766
Interest 18191117152330343040455062
Depreciation 891615161822273039455470
Profit before tax 16715-115164020397180122159
Tax % 38%38%38%-16%16%31%41%14%25%26%26%26%
Net Profit 1049-10411241729525990117
EPS in Rs 3.651.563.46-3.541.603.787.955.348.9816.1918.3628.1434.42
Dividend Payout % 14%32%29%0%0%0%0%0%0%13%15%5%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-60.00%125.00%-211.11%140.00%175.00%118.18%-29.17%70.59%79.31%13.46%52.54%
Change in YoY Net Profit Growth (%)0.00%185.00%-336.11%351.11%35.00%-56.82%-147.35%99.75%8.72%-65.85%39.08%

Pitti Engineering Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:16%
5 Years:24%
3 Years:17%
TTM:27%
Compounded Profit Growth
10 Years:28%
5 Years:44%
3 Years:27%
TTM:18%
Stock Price CAGR
10 Years:31%
5 Years:107%
3 Years:46%
1 Year:8%
Return on Equity
10 Years:15%
5 Years:19%
3 Years:19%
Last Year:16%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 2:59 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 14141414141515161616161618
Reserves 95981049399140161192220268318400850
Borrowings 150121143174181256247245317393356616565
Other Liabilities 647610781117139161143148280287298370
Total Liabilities 3223093683624105495845967019569781,3301,803
Fixed Assets 8487877694201227247285327364422648
CWIP 16101231958112411861
Investments 4416161717161616161515258
Other Assets 233211255258268321336324399613574774837
Total Assets 3223093683624105495845967019569781,3301,803

Below is a detailed analysis of the balance sheet data for Pitti Engineering Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹18.00 Cr.. The value appears strong and on an upward trend. It has increased from 16.00 Cr. (Mar 2024) to ₹18.00 Cr., marking an increase of 2.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹850.00 Cr.. The value appears strong and on an upward trend. It has increased from 400.00 Cr. (Mar 2024) to ₹850.00 Cr., marking an increase of 450.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹565.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 616.00 Cr. (Mar 2024) to ₹565.00 Cr., marking a decrease of 51.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹370.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 298.00 Cr. (Mar 2024) to ₹370.00 Cr., marking an increase of 72.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹1,803.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,330.00 Cr. (Mar 2024) to ₹1,803.00 Cr., marking an increase of 473.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹648.00 Cr.. The value appears strong and on an upward trend. It has increased from 422.00 Cr. (Mar 2024) to ₹648.00 Cr., marking an increase of 226.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹61.00 Cr.. The value appears to be declining and may need further review. It has decreased from 118.00 Cr. (Mar 2024) to ₹61.00 Cr., marking a decrease of 57.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹258.00 Cr.. The value appears strong and on an upward trend. It has increased from 15.00 Cr. (Mar 2024) to ₹258.00 Cr., marking an increase of 243.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹837.00 Cr.. The value appears strong and on an upward trend. It has increased from 774.00 Cr. (Mar 2024) to ₹837.00 Cr., marking an increase of 63.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹1,803.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,330.00 Cr. (Mar 2024) to ₹1,803.00 Cr., marking an increase of 473.00 Cr..

Notably, the Reserves (850.00 Cr.) exceed the Borrowings (565.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +3445-773287169348822374261
Cash from Investing Activity +-17-20-7-56-113-46-46-66-93-104-236-558
Cash from Financing Activity +-14-2014-2086-26-212812-87198286
Net Cash Flow36-0-41-23-473236-10

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-109.00-88.00-102.00-155.00-147.00-201.00-155.00-167.00-237.00-260.00-204.00-437.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days1069611213311613210797121786064
Inventory Days18523117321126219185134171147112122
Days Payable8013613912021916088102115119117103
Cash Conversion Cycle2111921462241591631041281781065583
Working Capital Days196190141183141152991211761116897
ROCE %14%11%11%2%7%12%17%12%14%18%18%20%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters59.28%59.28%59.29%59.29%59.29%59.29%59.29%59.29%59.29%59.29%53.58%54.17%
FIIs0.02%0.03%0.05%0.10%0.00%0.19%0.13%0.22%0.50%0.79%1.29%1.31%
DIIs0.26%0.89%2.90%5.53%5.91%6.19%5.51%6.56%5.88%5.87%17.53%18.36%
Public40.43%39.80%37.77%35.07%34.79%34.34%35.07%33.94%34.33%34.04%27.61%26.15%
No. of Shareholders22,40226,09327,87926,95026,75728,54234,50641,37243,75045,70350,99354,531

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
LIC MF Multi Cap Fund194,3111.6912.68194,3112025-04-22 16:12:480%
LIC MF ULIS 10 Yrs Regular Premium Reducing cover168,4602.3510.99168,4602025-04-22 17:25:230%
LIC MF ULIS 10 Yrs Regular Premium Uniform cover168,4602.3510.99168,4602025-04-22 17:25:230%
LIC MF ULIS 10 Yrs Single Premium168,4602.3510.99168,4602025-04-22 17:25:230%
LIC MF ULIS 15 Yrs Regular Premium Reducing cover168,4602.3510.99168,4602025-04-22 17:25:230%
LIC MF ULIS 15 Yrs Regular Premium Uniform cover168,4602.3510.99168,4602025-04-22 17:25:230%
LIC MF ULIS 5 Years Single Premium168,4602.3510.99168,4602025-04-22 17:25:230%
LIC MF Large & Mid Cap Fund159,4330.4410.4159,4332025-04-22 17:25:230%
LIC MF Infrastructure Fund80,4683.695.2580,4682025-04-22 17:25:230%
LIC MF Childrens Gift Fund5,3902.420.355,3902025-04-22 17:25:230%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21
FaceValue 5.005.005.005.00
Basic EPS (Rs.) 28.1418.3616.188.97
Diluted EPS (Rs.) 28.1418.3616.188.97
Cash EPS (Rs.) 44.9832.2828.3018.45
Book Value[Excl.RevalReserv]/Share (Rs.) 129.83104.2088.5673.55
Book Value[Incl.RevalReserv]/Share (Rs.) 129.83104.2088.5673.55
Revenue From Operations / Share (Rs.) 374.81343.18297.53161.63
PBDIT / Share (Rs.) 70.4752.7846.4930.74
PBIT / Share (Rs.) 53.6238.8534.3721.26
PBT / Share (Rs.) 38.0324.9222.0112.02
Net Profit / Share (Rs.) 28.1318.3516.188.97
NP After MI And SOA / Share (Rs.) 28.1318.3516.188.97
PBDIT Margin (%) 18.8015.3815.6219.01
PBIT Margin (%) 14.3011.3211.5513.15
PBT Margin (%) 10.147.267.397.43
Net Profit Margin (%) 7.505.345.435.54
NP After MI And SOA Margin (%) 7.505.345.435.54
Return on Networth / Equity (%) 21.6617.6118.2612.19
Return on Capital Employeed (%) 22.5323.6523.7418.99
Return On Assets (%) 6.786.015.424.10
Long Term Debt / Equity (X) 0.630.360.380.43
Total Debt / Equity (X) 1.290.861.141.27
Asset Turnover Ratio (%) 1.041.141.150.00
Current Ratio (X) 1.251.201.191.13
Quick Ratio (X) 0.760.670.640.66
Inventory Turnover Ratio (X) 3.143.053.230.00
Dividend Payout Ratio (NP) (%) 4.2612.807.260.00
Dividend Payout Ratio (CP) (%) 2.667.274.150.00
Earning Retention Ratio (%) 95.7487.2092.740.00
Cash Earning Retention Ratio (%) 97.3492.7395.850.00
Interest Coverage Ratio (X) 4.523.793.763.33
Interest Coverage Ratio (Post Tax) (X) 2.802.322.311.97
Enterprise Value (Cr.) 2875.861090.641324.39504.03
EV / Net Operating Revenue (X) 2.390.991.390.97
EV / EBITDA (X) 12.736.458.895.12
MarketCap / Net Operating Revenue (X) 2.040.781.090.41
Retention Ratios (%) 95.7387.1992.730.00
Price / BV (X) 5.882.593.650.90
Price / Net Operating Revenue (X) 2.040.781.090.41
EarningsYield 0.030.060.050.13

After reviewing the key financial ratios for Pitti Engineering Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 5.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 28.14. This value is within the healthy range. It has increased from 18.36 (Mar 23) to 28.14, marking an increase of 9.78.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 28.14. This value is within the healthy range. It has increased from 18.36 (Mar 23) to 28.14, marking an increase of 9.78.
  • For Cash EPS (Rs.), as of Mar 24, the value is 44.98. This value is within the healthy range. It has increased from 32.28 (Mar 23) to 44.98, marking an increase of 12.70.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 129.83. It has increased from 104.20 (Mar 23) to 129.83, marking an increase of 25.63.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 129.83. It has increased from 104.20 (Mar 23) to 129.83, marking an increase of 25.63.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 374.81. It has increased from 343.18 (Mar 23) to 374.81, marking an increase of 31.63.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 70.47. This value is within the healthy range. It has increased from 52.78 (Mar 23) to 70.47, marking an increase of 17.69.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 53.62. This value is within the healthy range. It has increased from 38.85 (Mar 23) to 53.62, marking an increase of 14.77.
  • For PBT / Share (Rs.), as of Mar 24, the value is 38.03. This value is within the healthy range. It has increased from 24.92 (Mar 23) to 38.03, marking an increase of 13.11.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 28.13. This value is within the healthy range. It has increased from 18.35 (Mar 23) to 28.13, marking an increase of 9.78.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 28.13. This value is within the healthy range. It has increased from 18.35 (Mar 23) to 28.13, marking an increase of 9.78.
  • For PBDIT Margin (%), as of Mar 24, the value is 18.80. This value is within the healthy range. It has increased from 15.38 (Mar 23) to 18.80, marking an increase of 3.42.
  • For PBIT Margin (%), as of Mar 24, the value is 14.30. This value is within the healthy range. It has increased from 11.32 (Mar 23) to 14.30, marking an increase of 2.98.
  • For PBT Margin (%), as of Mar 24, the value is 10.14. This value is within the healthy range. It has increased from 7.26 (Mar 23) to 10.14, marking an increase of 2.88.
  • For Net Profit Margin (%), as of Mar 24, the value is 7.50. This value is within the healthy range. It has increased from 5.34 (Mar 23) to 7.50, marking an increase of 2.16.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 7.50. This value is below the healthy minimum of 8. It has increased from 5.34 (Mar 23) to 7.50, marking an increase of 2.16.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 21.66. This value is within the healthy range. It has increased from 17.61 (Mar 23) to 21.66, marking an increase of 4.05.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 22.53. This value is within the healthy range. It has decreased from 23.65 (Mar 23) to 22.53, marking a decrease of 1.12.
  • For Return On Assets (%), as of Mar 24, the value is 6.78. This value is within the healthy range. It has increased from 6.01 (Mar 23) to 6.78, marking an increase of 0.77.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 0.63. This value is within the healthy range. It has increased from 0.36 (Mar 23) to 0.63, marking an increase of 0.27.
  • For Total Debt / Equity (X), as of Mar 24, the value is 1.29. This value exceeds the healthy maximum of 1. It has increased from 0.86 (Mar 23) to 1.29, marking an increase of 0.43.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 1.04. It has decreased from 1.14 (Mar 23) to 1.04, marking a decrease of 0.10.
  • For Current Ratio (X), as of Mar 24, the value is 1.25. This value is below the healthy minimum of 1.5. It has increased from 1.20 (Mar 23) to 1.25, marking an increase of 0.05.
  • For Quick Ratio (X), as of Mar 24, the value is 0.76. This value is below the healthy minimum of 1. It has increased from 0.67 (Mar 23) to 0.76, marking an increase of 0.09.
  • For Inventory Turnover Ratio (X), as of Mar 24, the value is 3.14. This value is below the healthy minimum of 4. It has increased from 3.05 (Mar 23) to 3.14, marking an increase of 0.09.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 4.26. This value is below the healthy minimum of 20. It has decreased from 12.80 (Mar 23) to 4.26, marking a decrease of 8.54.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 2.66. This value is below the healthy minimum of 20. It has decreased from 7.27 (Mar 23) to 2.66, marking a decrease of 4.61.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 95.74. This value exceeds the healthy maximum of 70. It has increased from 87.20 (Mar 23) to 95.74, marking an increase of 8.54.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 97.34. This value exceeds the healthy maximum of 70. It has increased from 92.73 (Mar 23) to 97.34, marking an increase of 4.61.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 4.52. This value is within the healthy range. It has increased from 3.79 (Mar 23) to 4.52, marking an increase of 0.73.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 2.80. This value is below the healthy minimum of 3. It has increased from 2.32 (Mar 23) to 2.80, marking an increase of 0.48.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 2,875.86. It has increased from 1,090.64 (Mar 23) to 2,875.86, marking an increase of 1,785.22.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 2.39. This value is within the healthy range. It has increased from 0.99 (Mar 23) to 2.39, marking an increase of 1.40.
  • For EV / EBITDA (X), as of Mar 24, the value is 12.73. This value is within the healthy range. It has increased from 6.45 (Mar 23) to 12.73, marking an increase of 6.28.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 2.04. This value is within the healthy range. It has increased from 0.78 (Mar 23) to 2.04, marking an increase of 1.26.
  • For Retention Ratios (%), as of Mar 24, the value is 95.73. This value exceeds the healthy maximum of 70. It has increased from 87.19 (Mar 23) to 95.73, marking an increase of 8.54.
  • For Price / BV (X), as of Mar 24, the value is 5.88. This value exceeds the healthy maximum of 3. It has increased from 2.59 (Mar 23) to 5.88, marking an increase of 3.29.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 2.04. This value is within the healthy range. It has increased from 0.78 (Mar 23) to 2.04, marking an increase of 1.26.
  • For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.06 (Mar 23) to 0.03, marking a decrease of 0.03.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Pitti Engineering Ltd as of April 30, 2025 is: 1,031.44

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 30, 2025, Pitti Engineering Ltd is Undervalued by 9.03% compared to the current share price 946.00

Intrinsic Value of Pitti Engineering Ltd as of April 30, 2025 is: 1,349.43

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 30, 2025, Pitti Engineering Ltd is Undervalued by 42.65% compared to the current share price 946.00

Last 5 Year EPS CAGR: 30.83%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (344.38 cr) and profit (44.54 cr) over the years.
  1. The stock has a low average ROCE of 13.00%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 139.58, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 145.75, which may not be favorable.
  4. The company has higher borrowings (289.54) compared to reserves (233.69), which may suggest financial risk.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Pitti Engineering Ltd:
    1. Net Profit Margin: 7.5%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 22.53% (Industry Average ROCE: 27.65%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 21.66% (Industry Average ROE: 23.48%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 2.8
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.76
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 33.4 (Industry average Stock P/E: 29.46)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 1.29
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Pitti Engineering Ltd. is a Public Limited Listed company incorporated on 17/09/1983 and has its registered office in the State of Telangana, India. Company's Corporate Identification Number(CIN) is L29253TG1983PLC004141 and registration number is 004141. Currently Company is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company's Total Operating Revenue is Rs. 1524.55 Cr. and Equity Capital is Rs. 18.83 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Engineering - General6-3-648/401, 4th Floor, Hyderabad Telangana 500082info@pitti.in
http://www.pitti.in
Management
NamePosition Held
Mr. Sharad B PittiFounder & Chairman
Mr. Akshay S PittiVice Chairman & Mng.Director
Mr. N R GantiInd. Non-Executive Director
Mr. G Vijaya KumarInd. Non-Executive Director
Mr. M GopalakrishnaInd. Non-Executive Director
Ms. Gayathri RamachandranInd. Non-Executive Director
Mr. S ThiagarajanInd. Non-Executive Director
Mr. Y B SahgalInd. Non-Executive Director
Mr. N Vinod KumarInd. Non-Executive Director
Ms. Kemisha SoniInd. Non-Executive Director
Ms. Priti Paras SavlaInd. Non-Executive Director

FAQ

What is the intrinsic value of Pitti Engineering Ltd?

Pitti Engineering Ltd's intrinsic value (as of 30 April 2025) is ₹1031.44 — 9.03% higher the current market price of 946.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 3,565 Cr. market cap, FY2025-2026 high/low of ₹1,512/796, reserves of 850 Cr, and liabilities of 1,803 Cr.

What is the Market Cap of Pitti Engineering Ltd?

The Market Cap of Pitti Engineering Ltd is 3,565 Cr..

What is the current Stock Price of Pitti Engineering Ltd as on 30 April 2025?

The current stock price of Pitti Engineering Ltd as on 30 April 2025 is 946.

What is the High / Low of Pitti Engineering Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Pitti Engineering Ltd stocks is ₹1,512/796.

What is the Stock P/E of Pitti Engineering Ltd?

The Stock P/E of Pitti Engineering Ltd is 33.4.

What is the Book Value of Pitti Engineering Ltd?

The Book Value of Pitti Engineering Ltd is 235.

What is the Dividend Yield of Pitti Engineering Ltd?

The Dividend Yield of Pitti Engineering Ltd is 0.16 %.

What is the ROCE of Pitti Engineering Ltd?

The ROCE of Pitti Engineering Ltd is 16.0 %.

What is the ROE of Pitti Engineering Ltd?

The ROE of Pitti Engineering Ltd is 16.4 %.

What is the Face Value of Pitti Engineering Ltd?

The Face Value of Pitti Engineering Ltd is 5.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Pitti Engineering Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE