Investment Ratings
As per analysts rating in the last 6 months, the recommendation is to HOLD Pitti Engg.
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Master Rating:
-
Pitti Engineering has an operating revenue of Rs. 935.77 Cr. on a trailing 12-month basis. An annual revenue growth of 2% is not great, Pre-tax margin of 7% is okay, ROE of 12% is good. The company has a reasonable debt to equity of 43%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 20% and 70% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 12% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 86 which is a GOOD score indicating consistency in earnings, a RS Rating of 92 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 59 indicates it belongs to a fair industry group of Electrical-Power/Equipmt and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has great fundamentals and technical strength to stay in momentum.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Pitti Engineering Ltd Forecast
Price Estimates
Eps And Sales Estimates
Pitti Engineering Ltd Synopsis
NSE-Electrical-Power/Equipmt
Pitti Engineering is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company’s Total Operating Revenue is Rs. 518.17 Cr. and Equity Capital is Rs. 16.03 Cr. for the Year ended 31/03/2021. Pitti Engineering Ltd. is a Public Limited Listed company incorporated on 17/09/1983 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L29253TG1983PLC004141 and registration number is 004141.-
Market Cap
INR 733.62 Cr
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Sales
INR 739.27 Cr
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Shares in Float
1.31 Cr
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No of Funds
2 K
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Yield
0.34%
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Book Value
3.11
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U/D Vol Ratio
2
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LTDebt/Equity
43%
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Alpha
0.6
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Beta
0.78
| Owner Name | Jun-21 | Mar-21 | Dec-20 |
|---|---|---|---|
| Promoters | 59.28% | 59.28% | 59.28% |
| Foreign Portfolio Investors | 0.05% | 0.04% | 0.04% |
| Financial Institutions/ Banks | 0% | 0% | 0% |
| Individual Investors | 30.09% | 33.12% | 33.45% |
| Others | 10.58% | 7.56% | 7.23% |
| Name | Designation |
|---|---|
| Mr. Sharad B Pitti | Chairman & Managing Director |
| Mr. Akshay S Pitti | Vice Chairman & Mng.Director |
| Mr. N R Ganti | Ind. Non-Executive Director |
| Mr. G Vijaya Kumar | Ind. Non-Executive Director |
| Mr. M Gopalakrishna | Ind. Non-Executive Director |
| Ms. Gayathri Ramachandran | Ind. Non-Executive Director |
| Mr. S Thiagarajan | Ind. Non-Executive Director |
Pitti Engineering Ltd Financials
- Quarterly P&L
- Annual P&L
- Cash Flow
- Balance Sheet
- Ratios
| INDICATOR | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 242.227 | 175.3767 | 170.3435 | 151.3219 | 134.9502 |
| Operating Expenses Qtr Cr | 207.1886 | 147.4251 | 143.6234 | 126.1033 | 110.9216 |
| Operating Profit Qtr Cr | 35.0384 | 27.9516 | 26.7201 | 25.2186 | 24.0286 |
| Depreciation Qtr Cr | 9.3135 | 8.9837 | 8.4643 | 7.7861 | 7.2339 |
| Interest Qtr Cr | 8.1861 | 9.2489 | 9.1092 | 7.6889 | 6.29 |
| Tax Qtr Cr | 4.8641 | 2.774 | 7.1074 | 2.8597 | 0.8348 |
| Net Profit Qtr Cr | 12.9542 | 7.4034 | 21.2109 | 7.2559 | 10.0919 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total Revenue Annual Cr | 538.6664 | 528.7374 | 624.4814 | 381.7354 | 288.9662 |
| Operating Expenses Annual Cr | 440.1179 | 447.3465 | 532.1155 | 324.3069 | 252.3606 |
| Operating Profit Annual in Cr | 78.0492 | 77.7164 | 90.0992 | 54.4855 | 33.5366 |
| Depreciation Cr | 30.3817 | 27.42 | 22.4138 | 17.6321 | 16.174 |
| Interest Annual Cr | 29.6002 | 34.1154 | 29.614 | 23.4815 | 15.316 |
| Tax Annual Cr | 9.7882 | 2.7605 | 16.6185 | 5.0353 | 0.8053 |
| Net Profit Annual Cr | 28.7784 | 17.095 | 23.7196 | 11.2796 | 4.3103 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Cash from Operating Activity Annual Cr | 34.3018 | 68.8981 | 70.6406 | 29.2097 | 72.8921 |
| Cash from Investing Activity Annual Cr | -66.3218 | -45.5925 | -46.4742 | -112.862 | -56.3549 |
| Cash from Financing Annual Activity Cr | 28.2351 | -20.6031 | -26.1682 | 84.7915 | -20.0727 |
| Net Cash Flow Annual Cr | -3.7849 | 2.7025 | -2.0018 | 1.1392 | -3.5355 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total ShareHolders Funds Annual Cr | 235.815 | 207.8006 | 175.9639 | 154.564 | 112.4197 |
| Fixed Assets Annual Cr | 285.9943 | 255.5597 | 232.0473 | 210.6936 | 124.968 |
| Total Non Current Assets Annual Cr | 315.1882 | 277.7772 | 253.4222 | 232.6279 | 163.5063 |
| Total Current Assets Annual Cr | 385.8894 | 318.3127 | 330.6252 | 316.3413 | 246.5178 |
| Total Assets Annual Cr | 701.0776 | 596.0899 | 584.0474 | 548.9692 | 410.0241 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Book Value Per Share Annual Rs | 73.5575 | 64.819 | 58.9765 | 51.804 | 41.6495 |
| ROE Annual % | 12.2 | 8.22 | 13.47 | 7.29 | 3.83 |
| ROCE Annual % | 19 | 17.53 | 24.39 | 15.35 | 11.64 |
| Total Debt to Total Equity Annual | - | - | - | - | - |
| EBDIT Annual Margin % | 19.01 | 15.5 | 14.84 | 15.16 | 12.8 |
Pitti Engineering Ltd Technicals
EMA & SMA
CURRENT PRICE
228.9 
(5)
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- Bullish Moving Averages 16
- Bearish Moving Averages 0
EMA
-
20 Day
208.51
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50 Day
190.24
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100 Day
169.64
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200 Day
129.12
Pitti Engineering Ltd Resistance and support
220.62 PIVOT
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First Resistance
225.49
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Second Resistance
232.97
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Third Resistance
237.84
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First Support
213.14
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Second Support
208.27
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Third Support
200.79
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RSI
65.73
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MFI
66.61
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MACD
12.64
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MACD signal line
11.5
Pitti Engineering Ltd Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 151,834 | 7,037,506 | 46.35% |
| Week | 272,121 | 14,144,860 | 51.98% |
| 1 Month | 295,391 | 15,744,319 | 53.3% |
| 6 Month | 443,454 | 20,802,404 | 46.91% |
Pitti Engineering Ltd Price change analysis
49.7
Over 1 month
Low High 173 239
73.85
Over 3 month
Low High 136.45 239
119.85
Over 6 months
Low High 102.15 239
182.35
Over Year
Low High 43 239Similar Stocks
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News
Pitti Engineering Ltd - 513519 - Announcement under Regulati
Further to our letter dated 30th November 2021, please find attached herewith copies of the newspaper publication of the notice of loss of s Read More
Pitti Engineering Ltd-$ - 513519 - Announcement under Regula
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Read More
Pitti Engineering Ltd-$ - 513519 - Compliances-Reg. 39 (3) -
Pursuant to Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 20 Read More
Pitti Engineering Ltd-$ - 513519 - Announcement under Regula
With reference to our letter dated 3rd November 2021 intimating you about the conference call with investors to be held on 10th November 202 Read More
Pitti Engineering Ltd-$ - 513519 - Announcement under Regula
Please find attached herewith copies of the newspaper publication of Information on Second Interim dividend and Record date published in Bus Read MoreBlogs