PITTIENG

Pitti Engineering Share PricePitti Engineering

₹659.6
7.1 (1.09%)
As on 02 December, 2023 | 19:58 BSE: 513519 NSE: PITTIENGISIN: INE450D01021

Pitti Engineering Performance

Day Range

  • Low 653.45
  • High 681.90
₹ 659.6

52 Week Range

  • Low 255.60
  • High 734.65
₹ 659.6
  • Open Price655.00
  • Previous Close652.50
  • Volume210362

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Pitti Engineering Share Price

  • Over 1 Month -5.64%
  • Over 3 Month 0.57%
  • Over 6 Month 86.83%
  • Over 1 Year 102.27%

Pitti Engineering Key Statistics

P/E Ratio 28.8
PEG Ratio 0.8
Market Cap Cr 2,114
Price to Book Ratio 6.3
EPS 18.3
Dividend 0.4
Relative Strength Index 43.12
Money Flow Index 73.12
MACD Signal 6.61
Average True Range 26.16

Pitti Engineering Investment Rating

  • Master Rating:
  • Pitti Engineering has an operating revenue of Rs. 1,065.53 Cr. on a trailing 12-month basis. An annual revenue growth of 15% is outstanding, Pre-tax margin of 7% is okay, ROE of 17% is exceptional. The company has a reasonable debt to equity of 36%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 44% 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 -0% 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 92 which is a GREAT score indicating consistency in earnings, a RS Rating of 83 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 87 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.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Pitti Engineering Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 290290248238304311271
Operating Expenses Qtr Cr 248247207199268275236
Operating Profit Qtr Cr 43424139373535
Depreciation Qtr Cr 12131311111011
Interest Qtr Cr 11121012121112
Tax Qtr Cr 9595437
Net Profit Qtr Cr 23142512101220
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,118970
Operating Expenses Annual Cr 949821
Operating Profit Annual in Cr 151133
Depreciation Cr 4539
Interest Annual Cr 4540
Tax Annual Cr 2119
Net Profit Annual Cr 5952
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 22288
Cash from Investing Activity Annual Cr -104-93
Cash from Financing Annual Activity Cr -8612
Net Cash Flow Annual Cr 327
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 334284
Fixed Assets Annual Cr 388327
Total Non Current Assets Annual Cr 436369
Total Current Assets Annual Cr 542588
Total Assets Annual Cr 978956
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 10489
ROE Annual % 1818
ROCE Annual % 2424
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1516
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 290290248238304311271
Operating Expenses Qtr Cr 248247207199268275236
Operating Profit Qtr Cr 43424139373535
Depreciation Qtr Cr 12131311111011
Interest Qtr Cr 11121012121112
Tax Qtr Cr 9595437
Net Profit Qtr Cr 23142512101220
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,118970
Operating Expenses Annual Cr 949821
Operating Profit Annual in Cr 151133
Depreciation Cr 4539
Interest Annual Cr 4540
Tax Annual Cr 2119
Net Profit Annual Cr 5952
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 22288
Cash from Investing Activity Annual Cr -104-93
Cash from Financing Annual Activity Cr -8712
Net Cash Flow Annual Cr 327
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 334284
Fixed Assets Annual Cr 388327
Total Non Current Assets Annual Cr 436369
Total Current Assets Annual Cr 542588
Total Assets Annual Cr 978957
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 10489
ROE Annual % 1818
ROCE Annual % 2424
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1516

Pitti Engineering Technicals

EMA & SMA

Current Price
₹659.6
7.1 (1.09%)
pointer
  • Bullish Moving Average
  • ___
  • 6
  • Bearish Moving Average
  • ___
  • 10
  • 20 Day
  • ₹679.49
  • 50 Day
  • ₹655.81
  • 100 Day
  • ₹594.94
  • 200 Day
  • ₹506.79
  • 20 Day
  • ₹688.10
  • 50 Day
  • ₹660.96
  • 100 Day
  • ₹590.43
  • 200 Day
  • ₹458.02

Pitti Engineering Resistance and Support

PIVOT
₹664.99
Resistance
First Resistance 676.52
Second Resistance 693.43
Third Resistance 704.97
RSI 43.12
MFI 73.12
MACD Single Line 6.61
MACD -1.04
Support
First Resistance 648.07
Second Resistance 636.53
Third Resistance 619.62

Pitti Engineering Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 222,517 9,675,039 43.48
Week 139,551 6,789,168 48.65
1 Month 147,142 6,978,965 47.43
6 Month 205,851 8,936,013 43.41

Pitti Engineering Result Highlights

Pitti Engineering 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. 1100.17 Cr. and Equity Capital is Rs. 16.03 Cr. for the Year ended 31/03/2023. 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 2,114
Sales 1,066
Shares in Float 1.31
No of funds 9
Yield 0.41
Book Value 6.33
U/D Vol ratio 1.4
LTDebt / Equity 36
Alpha 0.3
Beta 1.02

Pitti Engineering

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 59.29%59.29%59.29%59.29%
Mutual Funds 2.37%3.01%3.07%2.88%
Insurance Companies 1.87%1.87%1.87%1.85%
Foreign Portfolio Investors 0.13%0.19%0.1%
Individual Investors 25.3%24.81%25.87%26.7%
Others 11.04%10.83%9.9%9.18%

Pitti Engineering Management

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 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
2023-11-09 Quarterly Results
2023-08-14 Quarterly Results
2023-05-29 Audited Results & Final Dividend
2023-02-14 Quarterly Results & Interim Dividend
2022-11-11 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 MF Shareholding

Name Amount(cr)
LIC MF Large & Mid Cap Regular Growth 2,188
LIC MF Multi Cap Fund Regular Growth 681
LIC MF Unit Linked Insurance Scheme 448
LIC MF Infrastructure Fund Growth 130
LIC MF Childrens Gift Fund 14

Pitti Engineering FAQs

What is Share Price of Pitti Engineering ?

Pitti Engineering share price is ₹659 As on 02 December, 2023 | 19:44

What is the Market Cap of Pitti Engineering ?

The Market Cap of Pitti Engineering is ₹2114 Cr As on 02 December, 2023 | 19:44

What is the P/E ratio of Pitti Engineering ?

The P/E ratio of Pitti Engineering is 28.8 As on 02 December, 2023 | 19:44

What is the PB ratio of Pitti Engineering ?

The PB ratio of Pitti Engineering is 6.3 As on 02 December, 2023 | 19:44

Q2FY23