PITTIENG

Pitti Engineering Share Price

₹1,329.55
-14.95 (-1.11%)
10 November, 2024 00:24 BSE: 513519 NSE: PITTIENG ISIN: INE450D01021

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Pitti Engineering Performance

Day Range

  • Low 1,321
  • High 1,366
₹ 1,329

52 Week Range

  • Low 623
  • High 1,458
₹ 1,329
  • Open Price1,354
  • Previous Close1,345
  • Volume53327

Pitti Engineering Chart

  • Over 1 Month + 0.5%
  • Over 3 Month + 9.86%
  • Over 6 Month + 57.24%
  • Over 1 Year + 91.84%

Pitti Engineering Key Statistics

P/E Ratio 48.7
PEG Ratio 0.8
Market Cap Cr 4,715
Price to Book Ratio 11.3
EPS 25.6
Dividend 0.1
Relative Strength Index 54.85
Money Flow Index 47.78
MACD Signal 1.47
Average True Range 51.68

Pitti Engineering Investment Rating

  • Master Rating:
  • Pitti Engineering Ltd. is a leading manufacturer of electrical laminations, stator and rotor cores, and die-cast rotors in India. It serves industries such as automotive, power, and industrial motors, providing precision-engineered components with high efficiency.

    Pitti Engineering has an operating revenue of Rs. 1,294.59 Cr. on a trailing 12-month basis. An annual revenue growth of 12% is good, Pre-tax margin of 10% is healthy, ROE of 21% is exceptional. The company has a debt to equity of 63%, which is bit higher. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 32% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around -7% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 94 which is a GREAT score indicating consistency in earnings, a RS Rating of 82 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 79 indicates it belongs to a poor industry group of Electrical-Power/Equipmt and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has great fundamentals and technical strength to stay in momentum.

    Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Pitti Engineering Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 351328294290290248
Operating Expenses Qtr Cr 297279250248247207
Operating Profit Qtr Cr 544944434241
Depreciation Qtr Cr 151415121313
Interest Qtr Cr 161414111210
Tax Qtr Cr 7126959
Net Profit Qtr Cr 204013231425
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 1,2501,118
Operating Expenses Annual Cr 1,024949
Operating Profit Annual in Cr 178151
Depreciation Cr 5445
Interest Annual Cr 5045
Tax Annual Cr 3221
Net Profit Annual Cr 9059
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 74222
Cash from Investing Activity Annual Cr -236-104
Cash from Financing Annual Activity Cr 198-86
Net Cash Flow Annual Cr 3632
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 416334
Fixed Assets Annual Cr 540388
Total Non Current Assets Annual Cr 623436
Total Current Assets Annual Cr 707542
Total Assets Annual Cr 1,330978
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 130104
ROE Annual % 2218
ROCE Annual % 2324
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1915
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 383328294290290248
Operating Expenses Qtr Cr 326279250248247207
Operating Profit Qtr Cr 564944434241
Depreciation Qtr Cr 151415121313
Interest Qtr Cr 171414111210
Tax Qtr Cr 7126959
Net Profit Qtr Cr 214013231425
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 1,2501,118
Operating Expenses Annual Cr 1,024949
Operating Profit Annual in Cr 178151
Depreciation Cr 5445
Interest Annual Cr 5045
Tax Annual Cr 3221
Net Profit Annual Cr 9059
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 74222
Cash from Investing Activity Annual Cr -236-104
Cash from Financing Annual Activity Cr 198-87
Net Cash Flow Annual Cr 3632
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 416334
Fixed Assets Annual Cr 540388
Total Non Current Assets Annual Cr 623436
Total Current Assets Annual Cr 707542
Total Assets Annual Cr 1,330978
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 130104
ROE Annual % 2218
ROCE Annual % 2324
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1915

Pitti Engineering Technicals

EMA & SMA

Current Price
₹1,329.55
-14.95 (-1.11%)
pointer
  • Bullish Moving Average
  • ___
  • 14
  • Bearish Moving Average
  • ___
  • 2
  • 20 Day
  • ₹1,312.51
  • 50 Day
  • ₹1,294.45
  • 100 Day
  • ₹1,221.68
  • 200 Day
  • ₹1,069.03
  • 20 Day
  • ₹1,302.82
  • 50 Day
  • ₹1,308.52
  • 100 Day
  • ₹1,248.53
  • 200 Day
  • ₹1,021.28

Pitti Engineering Resistance and Support

PIVOT
₹1,338.87
Resistance
First Resistance 1,356.93
Second Resistance 1,384.32
Third Resistance 1,402.38
RSI 54.85
MFI 47.78
MACD Single Line 1.47
MACD 7.49
Support
First Support 1,311.48
Second Support 1,293.42
Third Supoort 1,266.03

Pitti Engineering Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 56,896 3,025,729 53.18
Week 52,835 2,792,879 52.86
1 Month 55,875 2,587,019 46.3
6 Month 106,782 5,255,800 49.22

Pitti Engineering Result Highlights

Pitti Engineering Synopsis

NSE-Electrical-Power/Equipmt

Pitti Engineering Ltd. is a prominent Indian manufacturer specializing in the production of electrical laminations, stator and rotor cores, and die-cast rotors for electric motors and alternators. The company supplies precision-engineered components to a diverse range of industries, including automotive, power generation, industrial motors, and renewable energy. With advanced manufacturing facilities equipped with the latest technology, Pitti Engineering ensures high-quality, efficient, and customized products tailored to client specifications. The company’s commitment to innovation, stringent quality control, and customer satisfaction has established it as a trusted supplier to leading global and domestic companies in the electric motor and alternator market.
Market Cap 4,715
Sales 1,263
Shares in Float 1.63
No of funds 47
Yield 0.11
Book Value 10.24
U/D Vol ratio 0.7
LTDebt / Equity 63
Alpha 0.14
Beta 1.33

Pitti Engineering Shareholding Pattern

Owner NameSep-24Jun-24Mar-24
Promoters 53.58%59.29%59.29%
Mutual Funds 12.56%1.09%1.2%
Insurance Companies 3.79%3.43%3.43%
Foreign Portfolio Investors 1.29%0.79%0.5%
Individual Investors 20.06%24.55%25.03%
Others 8.72%10.85%10.55%

Pitti Engineering Management

Name Designation
Mr. Sharad B Pitti Founder & Chairman
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
Mr. Y B Sahgal Ind. Non-Executive Director
Mr. N Vinod Kumar Ind. Non-Executive Director
Ms. Kemisha Soni Ind. Non-Executive Director
Ms. Priti Paras Savla Ind. Non-Executive Director

Pitti Engineering Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Pitti Engineering Corporate Action

Date Purpose Remarks
2024-11-13 Quarterly Results
2024-08-14 Quarterly Results
2024-05-15 Audited Results & Final Dividend
2024-02-09 Quarterly Results
2023-11-09 Quarterly Results
Date Purpose Remarks
2023-02-24 INTERIM Rs.1.50 per share(30%)Interim Dividend
2022-02-21 INTERIM Rs.0.40 per share (8%) Third Interim Dividend
2021-11-18 INTERIM Re.0.40 per share (8%) Second Interim Dividend
2021-08-17 INTERIM Rs.0.38 per share(7.5%)Interim Dividend

Pitti Engineering FAQs

What is Share Price of Pitti Engineering ?

Pitti Engineering share price is ₹1,329 As on 10 November, 2024 | 00:10

What is the Market Cap of Pitti Engineering ?

The Market Cap of Pitti Engineering is ₹4715.2 Cr As on 10 November, 2024 | 00:10

What is the P/E ratio of Pitti Engineering ?

The P/E ratio of Pitti Engineering is 48.7 As on 10 November, 2024 | 00:10

What is the PB ratio of Pitti Engineering ?

The PB ratio of Pitti Engineering is 11.3 As on 10 November, 2024 | 00:10

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