NSEPress Release3d ago · 10 Aug 2026, 08:04 pm
Press Release
Pitti Engineering Limited · PITTIENG
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Pitti Engineering Limited has announced its unaudited financial results for Q1 FY 27, with a 14% YoY increase in revenue and a 25% YoY increase in adjusted PAT.
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Full Announcement
Pitti Engineering Limited has informed the Exchange regarding a press release dated August 10, 2026, titled "Financial Results Q1 FY 27".
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10th August 2026
To, To,
BSE Limited National Stock Exchange of India Limited
Floor 25, P J Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex
Mumbai – 400 001 Bandra (E), Mumbai – 400 051
Scrip Code: 513519 Scrip Code: PITTIENG
Dear Sir,
Sub: Press Release
*****
In terms of regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation,
2015 please find attached a press release on Financial Results Q1 FY 27.
Request you to kindly take the same on record.
Thanking you,
Yours faithfully,
For Pitti Engineering Limited
Mary Monica Braganza
Company Secretary & Chief Compliance Officer
FCS:5532
Press Release
PITTI ENGINEERING LIMITED
Hyderabad, 10th August 2026 – Pitti Engineering Limited, India’s one of largest
producer of electrical steel laminations and machined components,
announced its Unaudited Financial Results for the First Quarter ended 30th June
2026.
Q1FY27
Total Income Adj. EBITDA* Adj. PAT#
Rs. 530 Cr Rs. 89 Cr Rs. 32 Cr
+14% +14% +25%
16.8% EBITDA Margin 6.0% PAT Margin
*Adj. EBITDA & Adj. EBITDA Margin excluding other income & ESOP Cost
Consolidated Figures
# Adj. PAT post adding back ESOP cost
Sales Volume for Q1FY27
Sales in MT Q1FY27 Q1FY26 YoY Q4FY26 QoQ
Stator & Rotor Assemblies (Laminations)
- High value-added assemblies – Laminations 4,143 3,021 37.1% 3,574 15.9%
- Stator frame or Rotor shaft integrated assemblies –
1,212 996 21.7% 1233 -1.7%
Laminations
- Loose Laminations and low value - added
12,920 11,135 16.0% 12,638 2.2%
assemblies
Total Laminations 18,275 15,152 20.6% 17,445 4.8%
- Other Machined components going into laminations
965 1,041 -7.3% 991 -2.6%
& assemblies
Total Lamination & Assemblies 19,240 16,193 18.8% 18,436 4.4%
Raw Castings & Machined Components
- Machined castings going into laminations &
279 420 -33.6% 408 -31.6%
assemblies
- Machined Components 1,562 1,236 26.4% 1,031 51.5%
- Raw Castings 1,350 1,405 -3.9% 1,344 0.4%
Total Castings & Machined Components 3,191 3,061 4.2% 2,783 14.7%
By products & Scrap 15,574 11,428 36.3% 11,987 29.9%
Value added products Volume based products By Products & Scrap
Press Release
Commenting on the results, Mr. Akshay S Pitti, Managing Director
& CEO said,
“The global manufacturing landscape continues to present
structural opportunities for India, driven by localization initiatives,
the China+1 strategy and the increasing need for cost-
competitive manufacturing solutions. These trends are translating
into higher opportunities across our businesses. To cater to this
growing demand, we have consistently invested in capacity
expansion programs, and this is reflected in our Q1 performance,
with a adjusted PAT growth of 25% while revenues were up by
14% YoY. Setting up a strong momentum for FY27 and beyond.
Looking ahead, we remain focused on disciplined execution of
our expansion plans, deepening customer relationships,
increasing our share of value-added products and capitalizing
on emerging global sourcing opportunities to deliver sustainable
and profitable growth."
Press Release
About Pitti Engineering Limited:
Pitti Engineering is India’s largest manufacturer and exporter of electrical
laminations and a prominent player in the production of machined castings and
fabricated components. The company specializes in manufacturing a wide
range of products, including electrical steel laminations for motors used across
diverse range of electrical applications, company has evolved into a
comprehensive solutions provider offering a wide portfolio which includes motor
cores, sub-assemblies, die-cast rotors, and press tools.
Safe Harbour Statement:
This document may contain forward-looking statements about Pitti Engineering
Limited and its Subsidiaries, which are based on the beliefs, opinions, and
expectations of the company’s management as the date of this Investor release
and the companies do not assume any obligation to update their forward-looking
statements if those beliefs, opinions, expectations, or other circumstances should
change. These statements are not the guarantees of future performance and
involve risks and uncertainties that are difficult to predict. Consequently, readers
should not place any undue reliance on such forward-looking statements.
For more information, please contact
Company : PITTI ENGINEERING LIMITED
CIN: L29253TG1983PLC004141
For updates and specific queries, please visit www.pitti.in or feel free
to contact us shares@pitti.in
Investor Relations : Strategic Growth Advisors
CIN: U74140MH2010PTC204285
www.sgapl.net
Mr. Sagar Shroff – sagar.shroff@sgapl.net / +91 98205 19303
Mr. Ayush Haria - ayush.haria@sgapl.net / +91 98204 62966