Pitti Engineering Ltd. · NSE:PITTIENG
Pitti Engineering — Q1 FY27 Earnings Presentation
30 slides from Pitti Engineering's earnings presentation, Aug 10, 2026
Slide 1: Cover letter to stock exchanges: Investor Presentation
10th August 2026 To To BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 513519 Scrip Code: PITTIENG Dear Sirs, Sub: Investor Presentation In terms of regulation 30 of
Slide 2: Building the Path for Accelerated Growth – Q1FY27 Investor Presentation
Pitti Engineering Limited Building the Path for Accelerated Growth Q1FY27 Investor Presentation
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Pitti Engineering Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any se
Slide 4: Content
Content Operational and Financial Performance Quarter Ended June 30th, 2026 About US Who are we, Our Journey & Manufacturing Presence Our Strengths What Sets us Apart, The Pitti Way Awards & Certifications Accolades that Inspire Annexures PITTI ENGINEERING LIMITED
Slide 5: Consolidated Capacity Utilizations
Consolidated Capacity Utilizations Sheet Metals (MTs) Machining (Hours) Castings (MTs) 73% 86% 72% 70% 82% 69% Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Annual 90,000 MTs 1,08,000 MTs 6,40,800 Hours 7,56,000 Hours 18,600 MTs 18,600 MTs Capacity Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27
Slide 6: Sales Breakup – Volume
Sales Breakup – Volume Sales in MT Q1FY27 Q1FY26 YoY Q4FY26 QoQ Stator & Rotor Assemblies (Laminations) - High value-added assemblies – Laminations 4,143 3,021 37.1% 3,574 15.9% - Stator frame or Rotor shaft integrated assemblies – Laminations 1,212 996 21.7% 1233 -1.7% - Loose Laminations and low v
Slide 7: Consolidated Financial Highlights – Q1FY27
Consolidated Financial Highlights – Q1FY27 Total Income1 Adjusted EBITDA* Adjusted PAT# +14% +14% +25% 530 89 32 464 78 26 Q1FY26 Q1FY27 Q1YF26 Q1FY27 Q1FY26 Q1FY27 Gross Margin (%) Adjusted EBITDA Margin* (%) Adjusted PAT Margin# (%) 39.1% 39.4% 17.1% 16.8% 6.0% 5.6% Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1F
Slide 8: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Profit and Loss (Rs. Crs) Q1FY27 Q1FY26 Y-o-Y Q4FY26 Q-o-Q Revenue from Operations 529.1 456.6 15.9% 501.1 5.6% Other Income 0.9 7.4 4.5 Total Income 529.9 464.0 14.2% 505.6 4.8% Cost of Goods Sold 320.9 277.9 305.8 Gross Profit* 208.2 178.6 16.6% 195.3 6.6% Gros
Slide 9: Content
Content Operational and Financial Performance Quarter Ended June 30th, 2026 About US Who are we, Our Journey & Manufacturing Presence Our Strengths What Sets us Apart, The Pitti Way Awards & Certifications Accolades that Inspire Annexures PITTI ENGINEERING LIMITED
Slide 10: About Us – Pitti Engineering Limited
About Us – Pitti Engineering Limited Vision Mission To enhance capabilities with cutting edge technology Simplifying Engineering Supply Chain To integrate multiple engineering processes To contract customer supply chain To provide uniquely integrated component 4 Decades 6 100+ manufacturing faciliti
Slide 11: Our Journey
Our Journey 1983 -1987 1994 -2000 2005 -2015 ✓ Founded by Shri Sharad B. Pitti, started with ✓ Focused on manufacturing of die cast rotor ✓ Listed on the National Stock Exchange an installed capacity of 2,500 MT ✓ Established international presence by ✓ Exports to Mexico, Germany and Vietnam ✓ Comme
Slide 12: Diversified Products Portfolio
Diversified Products Portfolio Rotating Electrical Equipment Loose Laminations Traction Stator Core Rotor Core Welded Stator Stator Assembly Die Cast Rotors Machined Components SG Iron Stator frame SG Iron Housing Steel Casting Iron casting Stator Frame Fabricated frame Shafts Value Added Products R
Slide 13: State of the Art Manufacturing Facilities
State of the Art Manufacturing Facilities Macharam, Telangana Nandigaon, Telangana Kothur, Telangana Operations Centrally managed through SAP Software Laminations, low to high value Manufacturing Of Castings Fabrication and fettling assembling and large level Foundry activities activities machined c
Slide 14: Catering to Diversified Industries
Catering to Diversified Industries Traction motor and Railway components Renewable Energy India’s 4th largest railway network, backed by metro and Industry Wise Revenue Breakup high-speed rail projects, is driving demand for complex India targets 60 GW offshore wind with policy support, machined par
Slide 15: Our Marque Clientele Base
Our Marque Clientele Base PITTI ENGINEERING LIMITED The Brand Names and Logos mentioned are the property of their respective owners and are used here for identification purposes only 14
Slide 16: Content
Content Operational and Financial Performance Quarter Ended June 30th, 2026 About US Who are we, Our Journey & Manufacturing Presence Our Strengths What Sets us Apart, The Pitti Way Awards & Certifications Accolades that Inspire Annexures PITTI ENGINEERING LIMITED
Slide 17: What Sets Pitti Engineering Apart
What Sets Pitti Engineering Apart Market Leadership in Laminations India's largest manufacturer of electrical steel laminations, leveraging economies of scale for cost efficiency and high-volume output Integrated Manufacturing Capabilities Customer Focus Vertically integrated—from stamping Deep enga
Slide 18: Exports Dominance - Excellence Has No Borders
Exports Dominance - Excellence Has No Borders 11+ Europe Countries across 6 Germany continents with exports Spain presence North America Switzerland Asia-Pacific Canada Australia US China Mexico Kazakhstan 43% Export Revenue Growth from FY23 to FY26 South America & Africa Brazil South Africa FY23 FY
Slide 19: The Pitti Way
The Pitti Way Our Approach Input Output We have vertically integrated our operations from tooling to Become One Stop shop for our clients focus on Vertical Integration laminations and their assemblies; and from machined casting and producing margin accretive value-added products fabrication to machi
Slide 20: Experienced Board of Directors
Experienced Board of Directors Promoter Executive Directors Non Executive Independent Directors Mechanical engineer with 40+ years of experience, including executive roles at the company, he brings deep technical and operational insight Y B Sahgal A visionary with over four decades of industry leade
Slide 21: Strong Management Team at Helm
Strong Management Team at Helm With deep operational expertise since 2004, Akshay has A manufacturing entrepreneur turned senior leader modernized the company through technology, high- post-acquisition, he brings deep domain knowledge in value manufacturing, and global competitiveness laminations an
Slide 22: Content
Content Operational and Financial Performance Quarter Ended June 30th, 2026 About US Who are we, Our Journey & Manufacturing Presence Our Strengths What Sets us Apart, The Pitti Way Awards & Certifications Accolades that Inspire Annexures PITTI ENGINEERING LIMITED
Slide 23: Awards & Certifications
Awards & Certifications Product Outstanding 2 Growth Award 2 Best Supplier 3 Best Supplier - development Performance in from GE from GE Quality , Lean & support from Quality Transportation Transportation first from One GE Cummins from CG Power 2007 & 2011 2012 2015 Generators 2019 2021 Supplier Pref
Slide 24: Content
Content Operational and Financial Performance Quarter Ended June 30th, 2026 About US Who are we, Our Journey & Manufacturing Presence Our Strengths What Sets us Apart, The Pitti Way Awards & Certifications Accolades that Inspire Annexures PITTI ENGINEERING LIMITED
Slide 25: Historical Profit & Loss Statement
Historical Profit & Loss Statement Profit and Loss (Rs. Crs) FY26 FY25 FY24 FY23 Revenue from Operations 1,912.8 1,704.6 1,244.2 1,100.2 Other Income 40.1 38.8 48.5 17.9 Total Income 1,952.9 1,743.36 1,292.7 1,118.1 Cost of Goods Sold 1,159.7 1,016.5 771.0 782.3 Gross Profit* 753.1 688.1 473.2 317.9
Slide 26: Historical Balance Sheet
Historical Balance Sheet Assets (in Rs. Crs) Mar26 Mar-25 Mar-24 Mar-23 Equity & Liabilities (in Rs. Crs) Mar-26 Mar-25 Mar-24 Mar-23 Non - Current Assets 1,232.5 1,149.2 657.0 435.7 Total Equity 986.9 898.7 472.9 334.0 Property, plant and equipment 881.9 766.2 371.8 278.9 Share Capital 18.8 18.8 16
Slide 27: Historical Abridged Cash Flow Statement
Historical Abridged Cash Flow Statement Particulars (Rs. Crs) Mar-26 Mar-25 Mar-24 Mar-23 Net Profit Before Tax 167.6 161.6 119.4 79.9 Adjustments for: Non -Cash Items / Other Investment or Financial Items 197.7 140.9 101.4 88.2 Operating profit before working capital changes 365.3 302.5 220.8 168.1
Slide 28: Historical Financial Highlights
Historical Financial Highlights Total Income# EBITDA Profit After Tax^ +20% +29% +30% 1,953 326 1,743 272 128 123 1,293 1,118 181 90 151 59 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26* FY23 FY24 FY25 FY26 Gross Profit Margin (%)* EBITDA Margin (%) PAT Margin (%) 38.0% 40.4% 39.4% 17.0% 7.2% 7.2% 15.9% 6
Slide 29: Financial Ratios
Financial Ratios ROE ROA ROCE 22.2% 7.6% 7.2% 18.4% 17.2% 19.0% 16.1% 17.8% 6.1% 5.7% 13.7% 12.5% FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Debt / Equity (x) Asset Turnover (x) 1.4 3.3 3.1 2.5 0.9 0.8 2.0 0.7 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 PITTI ENGINEERING LIMITED ROE : P
Slide 30: Thank You
Thank You Pitti Engineering Limited CIN: L29253TG1983PLC004141 Contact us – shares@pitti.in For more Information visit company website www.pitti.in Strategic Growth Advisors Private Limited CIN: U74140MH2010PTC204285 Mr. Sagar Shroff / Mr. Ayush Haria sagar.shroff@sgapl.net / ayush.haria@sgapl.net +