Nifty

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22147.00

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73088.33

151.15 (0.69%)
599.34 (0.83%)

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Nifty
Sensex

:
:

22147.00
73088.33

151.15 (0.69%)
599.34 (0.83%)

Pitti Engineering Ltd.

Engineering

Rating :

67/99

BSE: 513519 | NSE: PITTIENG

Watchlist

NSE BSE

800.70

19-Apr-2024

Open
High
Low
Previous Close

810.00
810.00
782.75
810.40

Volume
Traded Value (lacs)
52 Week High
52 Week Low

70287
561.41
875.00
301.20

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

2,572.98
34.80
5

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

2,863.68
0.34%
6.91

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

16.07
12.07
28.53

EBITDA CAGR (%)

10 Years
5 Years
3 Years

16.56
10.94
14.17

PAT CAGR (%)

10 Years
5 Years
3 Years

30.18
19.92
26.94

P:E (Median)

8 Years
5 Years
3 Years

18.62
19.24
19.24

P:BV (Average)

8 Years
5 Years
3 Years

3.40
4.00
4.00

EV:EBITDA (Average)

8 Years
5 Years
3 Years

7.92
9.36
9.36

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var%
Net Sales 293.64 237.96 23.40% 290.29 304.17 -4.56% 289.79 310.54 -6.68% 247.50 271.39 -8.80%
Expenses 249.55 199.14 25.31% 247.73 267.62 -7.43% 247.36 275.08 -10.08% 206.94 236.03 -12.32%
EBITDA 44.09 38.82 13.58% 42.56 36.55 16.44% 42.43 35.46 19.66% 40.56 35.36 14.71%
EBIDTM 15.01% 16.31% 14.66% 12.02% 14.64% 11.42% 16.39% 13.03%
Other Income 3.28 1.12 192.86% 12.56 0.37 3,294.59% 0.93 0.52 78.85% 15.81 15.07 4.91%
Interest 13.54 11.99 12.93% 11.20 12.03 -6.90% 11.61 10.70 8.50% 9.93 12.29 -19.20%
Depreciation 14.56 11.00 32.36% 12.28 10.61 15.74% 13.16 10.28 28.02% 12.76 11.14 14.54%
PBT 19.27 16.95 13.69% 31.64 14.27 121.72% 18.59 14.99 24.02% 33.69 27.01 24.73%
Tax 5.95 4.82 23.44% 9.09 4.12 120.63% 4.62 3.29 40.43% 8.85 7.22 22.58%
PAT 13.32 12.13 9.81% 22.55 10.16 121.95% 13.97 11.71 19.30% 24.84 19.79 25.52%
PATM 4.54% 5.10% 7.77% 3.34% 4.82% 3.77% 10.04% 7.29%
EPS 4.15 3.78 9.79% 7.03 3.16 122.47% 4.35 3.65 19.18% 7.74 6.17 25.45%

Description Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var%
Net Sales 293.64 237.96 23.40% 290.29 304.17 -4.56% 289.79 310.54 -6.68% 247.50 271.39 -8.80%
Expenses 249.55 199.14 25.31% 247.73 267.62 -7.43% 247.36 275.08 -10.08% 206.94 236.03 -12.32%
EBITDA 44.09 38.82 13.58% 42.56 36.55 16.44% 42.43 35.46 19.66% 40.56 35.36 14.71%
EBIDTM 15.01% 16.31% 14.66% 12.02% 14.64% 11.42% 16.39% 13.03%
Other Income 3.28 1.12 192.86% 12.56 0.38 3,205.26% 0.93 0.52 78.85% 15.81 15.07 4.91%
Interest 13.54 11.99 12.93% 11.20 12.03 -6.90% 11.61 10.70 8.50% 9.93 12.29 -19.20%
Depreciation 14.56 11.00 32.36% 12.28 10.61 15.74% 13.16 10.28 28.02% 12.76 11.14 14.54%
PBT 19.27 16.95 13.69% 31.64 14.29 121.41% 18.58 14.98 24.03% 33.69 27.00 24.78%
Tax 5.95 4.81 23.70% 9.09 4.12 120.63% 4.62 3.29 40.43% 8.85 7.22 22.58%
PAT 13.32 12.13 9.81% 22.55 10.17 121.73% 13.96 11.70 19.32% 24.84 19.78 25.58%
PATM 4.54% 5.10% 7.77% 3.34% 4.82% 3.77% 10.04% 7.29%
EPS 4.15 3.79 9.50% 7.03 3.17 121.77% 4.36 3.65 19.45% 7.75 6.17 25.61%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Net Sales 1,121.22 1,100.17 953.82 518.17 525.06 622.21 378.79 285.90 311.49 341.04 247.83 Net Sales Growth -0.25% 15.34% 84.07% -1.31% -15.61% 64.26% 32.49% -8.22% -8.66% 37.61% Cost Of Goods Sold 761.08 782.31 678.15 335.27 344.61 428.95 246.78 176.13 203.23 223.27 152.72 Gross Profit 360.14 317.86 275.67 182.90 180.45 193.26 132.01 109.77 108.25 117.77 95.11 GP Margin 32.12% 28.89% 28.90% 35.30% 34.37% 31.06% 34.85% 38.39% 34.75% 34.53% 38.38% Total Expenditure 951.58 948.79 821.80 440.12 447.35 532.12 324.31 252.36 292.46 300.52 215.12 Power & Fuel Cost - 10.56 7.93 6.20 6.31 4.36 3.83 3.27 3.42 3.36 3.16 % Of Sales - 0.96% 0.83% 1.20% 1.20% 0.70% 1.01% 1.14% 1.10% 0.99% 1.28% Employee Cost - 84.70 76.54 54.17 53.17 50.76 34.69 32.01 39.43 29.26 23.67 % Of Sales - 7.70% 8.02% 10.45% 10.13% 8.16% 9.16% 11.20% 12.66% 8.58% 9.55% Manufacturing Exp. - 21.22 19.27 12.82 14.35 12.53 9.75 9.56 11.98 11.29 10.79 % Of Sales - 1.93% 2.02% 2.47% 2.73% 2.01% 2.57% 3.34% 3.85% 3.31% 4.35% General & Admin Exp. - 29.15 24.00 19.31 19.16 22.13 17.87 16.87 18.80 18.94 14.04 % Of Sales - 2.65% 2.52% 3.73% 3.65% 3.56% 4.72% 5.90% 6.04% 5.55% 5.67% Selling & Distn. Exp. - 11.13 9.70 7.24 6.22 6.19 5.85 10.07 11.48 10.57 7.92 % Of Sales - 1.01% 1.02% 1.40% 1.18% 0.99% 1.54% 3.52% 3.69% 3.10% 3.20% Miscellaneous Exp. - 9.72 6.21 5.11 3.52 7.19 5.54 4.45 4.11 3.82 7.92 % Of Sales - 0.88% 0.65% 0.99% 0.67% 1.16% 1.46% 1.56% 1.32% 1.12% 1.15% EBITDA 169.64 151.38 132.02 78.05 77.71 90.09 54.48 33.54 19.03 40.52 32.71 EBITDA Margin 15.13% 13.76% 13.84% 15.06% 14.80% 14.48% 14.38% 11.73% 6.11% 11.88% 13.20% Other Income 32.58 17.82 17.05 20.50 3.67 2.27 2.94 5.13 2.01 1.70 1.96 Interest 46.28 44.66 39.60 29.60 34.12 29.61 23.48 17.38 17.03 11.27 19.15 Depreciation 52.76 44.65 38.87 30.38 27.42 22.41 17.63 16.17 15.42 15.84 8.75 PBT 103.19 79.90 70.60 38.57 19.86 40.34 16.31 5.12 -11.42 15.12 6.77 Tax 28.51 21.07 18.70 9.79 2.76 16.62 5.04 0.81 -1.86 5.80 2.57 Tax Rate 27.63% 26.37% 26.49% 25.38% 13.90% 41.20% 30.90% 15.82% 16.29% 38.36% 37.96% PAT 74.68 58.83 51.90 28.78 17.09 23.72 11.28 4.31 -9.56 9.33 4.21 PAT before Minority Interest 74.68 58.83 51.90 28.78 17.09 23.72 11.28 4.31 -9.56 9.33 4.21 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 6.66% 5.35% 5.44% 5.55% 3.25% 3.81% 2.98% 1.51% -3.07% 2.74% 1.70% PAT Growth 38.84% 13.35% 80.33% 68.40% -27.95% 110.28% 161.72% - - 121.62% EPS 23.26 18.33 16.17 8.97 5.32 7.39 3.51 1.34 -2.98 2.91 1.31

Description TTM Mar 23 Mar 22 Mar 21
Net Sales 1,121.22 1,100.17 953.82 518.17 Net Sales Growth -0.25% 15.34% 84.07% Cost Of Goods Sold 761.08 782.31 678.15 335.27 Gross Profit 360.14 317.86 275.67 182.90 GP Margin 32.12% 28.89% 28.90% 35.30% Total Expenditure 951.58 948.79 821.81 440.12 Power & Fuel Cost - 10.56 7.93 6.20 % Of Sales - 0.96% 0.83% 1.20% Employee Cost - 84.70 76.54 54.17 % Of Sales - 7.70% 8.02% 10.45% Manufacturing Exp. - 21.22 19.27 12.82 % Of Sales - 1.93% 2.02% 2.47% General & Admin Exp. - 29.15 24.01 19.31 % Of Sales - 2.65% 2.52% 3.73% Selling & Distn. Exp. - 11.13 9.70 7.24 % Of Sales - 1.01% 1.02% 1.40% Miscellaneous Exp. - 9.72 6.21 5.11 % Of Sales - 0.88% 0.65% 0.99% EBITDA 169.64 151.38 132.01 78.05 EBITDA Margin 15.13% 13.76% 13.84% 15.06% Other Income 32.58 17.83 17.04 20.49 Interest 46.28 44.65 39.60 29.61 Depreciation 52.76 44.65 38.88 30.39 PBT 103.18 79.91 70.57 38.54 Tax 28.51 21.07 18.70 9.79 Tax Rate 27.63% 26.37% 26.50% 25.40% PAT 74.67 58.83 51.87 28.76 PAT before Minority Interest 74.67 58.83 51.87 28.76 Minority Interest 0.00 0.00 0.00 0.00 PAT Margin 6.66% 5.35% 5.44% 5.55% PAT Growth 38.84% 13.42% 80.35% EPS 23.26 18.33 16.16 8.96

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Shareholder's Funds 334.09 283.97 235.81 207.80 175.96 154.56 112.42 106.95 117.25 111.57 Share Capital 16.03 16.03 16.03 16.03 14.92 14.92 13.50 13.50 13.50 13.50 Total Reserves 318.06 267.94 219.79 191.77 156.05 134.65 98.92 93.46 103.76 98.07 Non-Current Liabilities 192.60 179.87 122.84 99.93 110.81 104.60 63.01 30.77 32.79 29.10 Secured Loans 96.78 85.09 25.47 33.86 50.20 62.36 17.52 23.25 23.72 18.32 Unsecured Loans 25.10 25.10 25.10 10.00 25.40 26.32 39.59 2.82 2.82 2.82 Long Term Provisions 8.17 7.80 6.85 28.14 4.36 5.21 1.09 0.75 0.44 0.71 Current Liabilities 451.32 492.61 342.42 288.36 297.28 289.81 234.59 224.18 217.59 167.84 Trade Payables 251.30 220.22 105.29 96.71 103.62 108.08 105.61 66.58 84.98 56.73 Other Current Liabilities 50.58 69.17 39.12 25.41 30.73 28.88 17.43 15.01 11.97 12.43 Short Term Borrowings 142.79 183.82 184.79 156.62 152.24 147.66 108.86 140.95 109.87 94.09 Short Term Provisions 6.64 19.40 13.23 9.62 10.69 5.19 2.69 1.64 10.77 4.58 Total Liabilities 978.01 956.45 701.07 596.09 584.05 548.97 410.02 361.90 367.63 308.51 Net Block 362.36 324.51 284.86 247.30 230.07 203.97 93.53 76.30 86.99 87.35 Gross Block 615.64 538.25 460.67 399.82 355.63 317.49 190.76 163.20 158.85 143.25 Accumulated Depreciation 253.28 213.74 175.81 152.52 125.56 113.52 97.22 86.90 71.86 55.90 Non Current Assets 435.79 368.71 315.19 277.78 256.04 235.25 163.51 106.33 114.72 97.95 Capital Work in Progress 24.06 0.61 1.14 8.26 4.60 9.34 31.43 11.70 9.55 5.85 Non Current Investment 15.20 16.46 16.46 16.41 16.41 17.35 17.35 16.41 16.41 4.08 Long Term Loans & Adv. 23.75 23.09 7.47 3.77 4.96 4.59 21.19 1.93 1.77 0.67 Other Non Current Assets 8.52 1.99 5.26 2.04 0.00 0.00 0.00 0.00 0.00 0.00 Current Assets 542.21 587.74 385.89 318.31 328.01 313.72 246.52 255.58 252.91 210.56 Current Investments 0.01 0.01 0.01 0.01 0.02 0.02 0.02 0.00 0.00 0.00 Inventories 239.31 272.29 157.22 126.50 100.27 129.16 126.55 117.57 105.93 96.79 Sundry Debtors 181.45 204.26 171.77 139.38 182.49 136.92 89.86 111.96 102.58 64.22 Cash & Bank 65.17 35.03 8.91 14.86 13.96 13.52 11.02 18.23 15.29 9.47 Other Current Assets 56.28 34.77 26.53 9.30 31.26 34.10 19.08 7.81 29.11 40.08 Short Term Loans & Adv. 34.10 41.38 21.44 28.27 22.39 26.07 12.99 3.86 23.54 38.09 Net Current Assets 90.89 95.13 43.47 29.95 30.73 23.92 11.92 31.40 35.32 42.72 Total Assets 978.00 956.45 701.08 596.09 584.05 548.97 410.03 361.91 367.63 308.51

Description Mar 23 Mar 22 Mar 21
Shareholder's Funds 334.04 283.92 235.79 Share Capital 16.03 16.03 16.03 Total Reserves 318.01 267.89 219.76 Non-Current Liabilities 192.60 180.03 123.02 Secured Loans 96.78 85.09 25.47 Unsecured Loans 25.10 25.10 25.10 Long Term Provisions 8.17 7.80 6.85 Current Liabilities 451.32 492.62 342.42 Trade Payables 251.30 220.22 105.29 Other Current Liabilities 50.58 69.19 39.12 Short Term Borrowings 142.79 183.82 184.79 Short Term Provisions 6.64 19.40 13.23 Total Liabilities 977.96 956.57 701.23 Net Block 362.36 324.68 285.03 Gross Block 615.64 538.43 460.85 Accumulated Depreciation 253.28 213.76 175.82 Non Current Assets 435.74 368.82 315.31 Capital Work in Progress 24.06 0.61 1.14 Non Current Investment 15.15 16.41 16.41 Long Term Loans & Adv. 23.75 23.09 7.47 Other Non Current Assets 8.52 2.00 5.27 Current Assets 542.21 587.75 385.92 Current Investments 0.01 0.01 0.01 Inventories 239.31 272.29 157.22 Sundry Debtors 181.45 204.26 171.77 Cash & Bank 65.17 35.04 8.94 Other Current Assets 56.28 34.77 26.53 Short Term Loans & Adv. 34.10 41.38 21.44 Net Current Assets 90.89 95.13 43.50 Total Assets 977.95 956.57 701.23

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Cash From Operating Activity 222.17 87.93 34.25 68.90 70.64 28.45 72.89 -7.07 44.99 33.77 PBT 79.90 70.60 38.57 19.86 40.34 16.31 5.12 -11.42 15.12 6.77 Adjustment 88.20 76.04 54.64 62.90 51.94 43.68 30.33 32.46 27.12 27.95 Changes in Working Capital 88.60 -40.78 -53.20 -3.94 -16.94 -30.44 37.86 -23.62 5.76 4.28 Cash after chg. in Working capital 256.70 105.86 40.00 78.82 75.33 29.55 73.31 -2.57 48.00 39.00 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -34.53 -17.93 -5.75 -9.92 -4.69 -1.10 -0.41 -4.50 -3.01 -5.23 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -103.71 -92.78 -66.27 -45.59 -46.47 -112.86 -56.35 -7.42 -19.63 -16.96 Net Fixed Assets -100.84 -77.05 -53.73 -47.85 -33.40 -104.64 -47.29 -6.50 -19.30 -16.54 Net Investments 1.26 0.00 -0.05 0.01 0.94 0.00 -0.96 0.00 -12.33 0.00 Others -4.13 -15.73 -12.49 2.25 -14.01 -8.22 -8.10 -0.92 12.00 -0.42 Cash from Financing Activity -86.39 12.23 28.24 -20.60 -26.17 85.55 -20.07 14.43 -19.53 -13.66 Net Cash Inflow / Outflow 32.07 7.38 -3.78 2.70 -2.00 1.14 -3.54 -0.07 5.82 3.16 Opening Cash & Equivalents 7.63 0.25 4.12 1.42 3.42 2.28 5.82 0.42 9.47 6.31 Closing Cash & Equivalent 39.70 7.63 0.34 4.12 1.42 3.42 2.28 0.35 15.29 9.47

Description Mar 23 Mar 22 Mar 21
Cash From Operating Activity 222.16 87.91 31.71 PBT 79.91 70.57 38.54 Adjustment 88.18 76.05 54.70 Changes in Working Capital 88.60 -40.78 -55.78 Cash after chg. in Working capital 256.69 105.84 37.46 Interest Paid 0.00 0.00 0.00 Tax Paid -34.53 -17.93 -5.75 Other Direct Exp. Paid 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 Cash From Investing Activity -103.53 -92.78 -66.45 Net Fixed Assets -100.84 -77.05 Net Investments 1.26 0.00 Others -3.95 -15.73 Cash from Financing Activity -86.57 12.23 28.40 Net Cash Inflow / Outflow 32.06 7.36 -6.34 Opening Cash & Equivalents 7.64 0.28 6.70 Closing Cash & Equivalent 39.70 7.64 0.37

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Book Value (Rs.) 104.24 88.60 73.58 64.84 57.32 50.14 41.66 39.64 43.45 41.35 ROA 6.08% 6.26% 4.44% 2.90% 4.19% 2.35% 1.12% -2.62% 2.76% 1.33% ROE 19.04% 19.97% 12.97% 9.03% 14.80% 8.61% 3.93% -8.53% 8.15% 3.81% ROCE 20.21% 20.08% 14.89% 12.72% 16.82% 11.33% 7.83% 2.07% 10.72% 10.56% Fixed Asset Turnover 2.16 2.16 1.34 1.55 2.05 1.72 1.81 2.05 2.41 1.95 Receivable days 56.50 63.67 98.52 100.65 84.51 94.93 115.06 118.71 83.58 103.94 Inventory Days 74.94 72.72 89.84 70.91 60.70 107.05 139.17 123.66 101.57 134.38 Payable days 110.00 87.60 109.96 81.26 76.80 119.96 124.70 89.74 86.36 85.26 Cash Conversion Cycle 21.44 48.79 78.40 90.31 68.41 82.03 129.53 152.64 98.79 153.06 Total Debt/Equity 0.87 1.14 1.08 1.05 1.44 1.71 1.61 1.63 1.22 1.08 Interest Cover 2.79 2.78 2.30 1.58 2.36 1.69 1.29 0.33 2.34 1.35

Description Mar 23 Mar 22 Mar 21
Book Value (Rs.) 104.22 88.58 73.57 ROA 6.08% 6.26% 4.10% ROE 19.04% 19.96% 12.20% ROCE 20.22% 20.07% 13.92% Fixed Asset Turnover 2.16 2.16 1.25 Receivable days 56.50 63.67 108.78 Inventory Days 74.94 72.72 99.57 Payable days 110.00 87.60 114.62 Cash Conversion Cycle 21.44 48.79 93.72 Total Debt/Equity 0.87 1.14 1.08 Interest Cover 2.79 2.78 2.30

Top Investors:

kotak mahindra life insurance company limited

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Annual Reports:

News Update:

Pitti Engineering inks pact to acquire Bagadia Chaitra Industries
12th Mar 2024, 12:44 PM

The acquisition aligns with PEL’s inorganic growth strategy and will provide enhanced operational strength
Read More
Pitti Engineering - Quarterly Results
9th Feb 2024, 17:57 PM

Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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