PE

Pitti Engineering Ltd

Q4 FY26Industrial Manufacturing

Pitti Engineering Q4 FY26 earnings call: Revenue & Margins

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹1,052
Market cap₹3.6K Cr
P/E30.4
Updated23 Aug 2026
Read5 min read

What the Q4 FY26 call signalled

2 of 4 strong

RevenueModerate growth
MarginMargins steady
CapexCapex planned
FundraiseFundraise planned

The short version

FY27 lamination sales volume target: 78,000 tons (from 69,517 tons in FY26) - Machine components sales volume target for FY27: ~16,000 tons (up from 12,000 tons in FY26) - Expected consolidated la Revenue Growth: Targeting INR2,300 crores topline for FY27 with lamination sales increasing from 69,517 tons to 78,000 tons and machine components from 12,000 to 16,000 tons.

From Pitti Engineering Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Moderate growth
  • FY27 lamination sales volume target: 78,000 tons (from 69,517 tons in FY26)
  • Machine components sales volume target for FY27: ~16,000 tons (up from 12,000 tons in FY26)
  • Expected consolidated lamination capacity by FY27/FY28: 108,000 tons
  • FY27 revenue expected to be approximately INR 2,300 crores at current commodity prices
  • Margins expected to remain similar percentage-wise; however, rising commodity prices could reduce margin percentages despite higher top line
  • Capacity utilization for lamination expected to be ~78% in FY27
  • No additional lamination capex announced for FY28; current capacity sufficient till then
  • Growth in loose lamination and low value-added assemblies expected to be higher, with estimates of ~60,000 tons by FY28 out of 90,000 tons total lamination volume

2 more points management made on revenue & sales performance

Profitability & Margins

See what Pitti Engineering Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • INR 290 crores greenfield facility capex focused on machine castings, targeting larger castings for mining, off-highway, and data center applications.
  • Facility located adjacent to existing Hyderabad foundry; commissioning expected by Q1 FY30.
  • Casting capacity to increase to 36,000 metric tons (more than doubling current capacity).
  • Machine hour capacity to grow from 720,000 to 1,080,000 hours.
  • Capex split: ~30% on land acquisition and civil infrastructure, ~70% on plant and machinery.
  • Capex rollout is modular with machine hour expansion starting FY28, FY29, supporting machining growth.
  • INR 50 crores pending from the previous announced capex of INR 150 crores.
  • Additional capex mainly funded by net debt with some portion from own funds.

2 more points management made on capital expenditure plans

Top-ranked in Industrial Manufacturing

Ranked on what management guided this quarter

5x potential
1ICE Make Refrig.
Rev 1Mar 2
2Taurian MPS
Rev 1Mar 2
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Pitti Engineering Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • The transcript does not explicitly mention the exact value or volume of the current or expected order book and pending orders.
  • However, it highlights strong ongoing customer relationships including existing clients like Siemens Mobility, Progress Rail, Wabtec, and Alstom.
  • New product developments and client additions, especially in the data center and traction motor segments, indicate a growing order pipeline with revenues expected from Q3 FY27.
  • The company targets 78,000 tons of lamination sales and 16,000 tons of machine component sales in FY27, translating into roughly INR 2,300 crores of topline, implying a healthy order backlog to meet these volumes.

2 more points management made on order book & pipeline

Pitti Engineering Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹501 Cr, net profit ₹27 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Pitti Engineering Ltd Q4 FY26 results?

FY27 lamination sales volume target: 78,000 tons (from 69,517 tons in FY26) - Machine components sales volume target for FY27: ~16,000 tons (up from 12,000 tons in FY26) - Expected consolidated la Revenue Growth: Targeting INR2,300 crores topline for FY27 with lamination sales increasing from 69,517 tons to 78,000 tons and machine components from 12,000 to 16,000 tons.

What is Pitti Engineering Ltd share price analysis?

Pitti Engineering Ltd currently shows a below-average growth signal. The stock trades at a P/E of 30.4 with a market cap of ₹3,577 Cr. Investors should review the full earnings analysis for detailed insights.

Is Pitti Engineering Ltd planning capital expenditure?

INR 290 crores greenfield facility capex focused on machine castings, targeting larger castings for mining, off-highway, and data center applications.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.