Pitti Engineering Ltd. · NSE:PITTIENG
Pitti Engineering — Q3 & 9MFY26 Earnings Presentation
31 slides from Pitti Engineering's earnings presentation, Feb 5, 2026
Slide 1: Exchange filing cover letter
5th February 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 - Financial Results for the
Slide 2: Q3 & 9MFY26 Investor Presentation
PITTI Engineering Limited Q3 & 9MFY26 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 About US Who are we, Our Journey & Manufacturing Presence Our Strengths What Sets us Apart, The Pitti Way Operational and Financial Performance Quarter and Nine Months Ended December 31st , 2025 Awards & Certifications Accolades that Inspire Annexures PITTI ENGINEERING LIMITED
Slide 5: 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 6: Our Journey
Our Journey 1983 1987 1994-2000 Founded by Shri Sharad B. Commenced operations as a Focused on manufacturing of die cast rotor Pitti, started with an installed manufacturer of electrical laminations Established international presence by capacity of 2,500 MT for application in motors used in
Slide 7: 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 Gear Case Wolong Stator Frame Diagonal Gear Case Stator Frame Windmill Pedestal Shafts Value Added Products Rotor Assembly
Slide 8: 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 activites machined co
Slide 9: Catering to Diversified Industries
Catering to Diversified Industries Industry Wise Revenue Breakup Traction motor and Railway components Renewable Energy India’s 4th largest railway network, backed by metro and 36% 32% high-speed rail projects, is driving demand for complex India targets 60 GW offshore wind with policy support, mach
Slide 10: 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 9
Slide 11: Content
Content About US Who are we, Our Journey & Manufacturing Presence Our Strengths What Sets us Apart, The Pitti Way Operational and Financial Performance Quarter and Nine Months Ended December 31st 2025 Awards & Certifications Accolades that Inspire Annexures PITTI ENGINEERING LIMITED
Slide 12: 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 13: 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 35% Export Revenue Growth from FY23 to FY25 South America & Africa Brazil South Africa FY23 FY
Slide 14: 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 15: Experienced Board of Directors
Experienced Board of Directors Promoter Executive Directors A visionary with over four decades of industry leadership, he pioneered India’s lamination manufacturing and built With deep operational expertise since 2004, Akshay has the company from the ground up. His strategic foresight modernized the
Slide 16: 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 17: Content
Content About US Who are we, Our Journey & Manufacturing Presence Our Strengths What Sets us Apart, The Pitti Way Operational and Financial Performance Quarter and Nine months Ended December 31st, 2025 Awards & Certifications Accolades that Inspire Annexures PITTI ENGINEERING LIMITED
Slide 18: Capacity Utilizations
Capacity Utilizations* Sheet Metals (MTs) Machining (Hours) Castings (MTs) 73% 77% 84% 86% 75% Q3FY26 56% Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Annual 82,000 MTs 90,000 MTs 5,90,400 Hours 6,91,200 Hours 18,600 MTs 18,600 MTs Capacity Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 Sheet Metals (
Slide 19: Capacity Expansion to Cater Growing Demand
Capacity Expansion to Cater Growing Demand Sheet Metals (MTs) Machined Hours (Hours) Castings(MTs) 1,08,000 6,91,200 7,20,000 24,600 28,800 90,000 18,000 6,000 18,600 Existing Addition FY27E Existing Addition FY27E Existing Addition FY27E Undertaking capex of ₹150 crores to enhance manufacturing c
Slide 20: Sales Breakup – Volume
Sales Breakup – Volume* Sales in MT Q3FY26 Q3FY25 YoY 9MFY26 9MFY25 YoY Laminations - High value-added assemblies – laminations 3,599 2,484 44.9% 9,788 7,851 24.7% - Stator frame or Rotor shaft integrated assemblies – Laminations 1,010 768 31.5% 3,152 2,465 27.9% - Loose Laminations and low value -
Slide 21: Financial Highlights – Q3 & 9M FY26
Financial Highlights – Q3 & 9M FY26 Total Income# Adjusted EBITDA* Adjusted PAT# +14% +27% +13% 1,447 242 97 1,271 86 191 +15% +25% +4% 421 484 83 29 30 67 Q3FY25 Q3FY26 9MFY25 9MFY26 Q3FY25 Q3FY26 9MFY25 9MFY26 Q3FY25 Q3FY26 9MFY25 9MFY26 Gross Margin (%) Adjusted EBITDA Margin* (%) Adjusted PAT Ma
Slide 22: Profit & Loss Statement
Profit & Loss Statement Profit and Loss (Rs. Crs) Q3FY26 Q3FY25 Y-o-Y 9MFY26 9MFY25 Y-o-Y Revenue from Operations 477.4 415.0 15.0% 1,411.7 1,235.8 14.2% Other Income 6.9 6.0 35.6 35.3 Total Income 484.3 421.0 15.0% 1,447.3 1,271.1 13.9% Cost of Goods Sold 286.2 236.0 853.9 735.2 Gross Profit* 191.2
Slide 23: Content
Content About US Who are we, Our Journey & Manufacturing Presence Our Strengths What Sets us Apart, The Pitti Way Operational and Financial Performance Quarter and Nine Months Ended December 31st, 2025 Awards & Certifications Accolades that Inspire Annexures PITTI ENGINEERING LIMITED
Slide 24: 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 Cummins from CG Power 2007 & 2011 2012 GE 2015 Generators 2019 2021 2 Excellence
Slide 25: Content Annexures
Content About US Who are we, Our Journey & Manufacturing Presence Our Strengths What Sets us Apart, The Pitti Way Operational and Financial Performance Quarter and Nine Months Ended December 31st, 2025 Awards & Certifications Accolades that Inspire Annexures PITTI ENGINEERING LIMITED
Slide 26: Historical Profit & Loss Statement
Historical Profit & Loss Statement Profit and Loss (Rs. Crs) 9MFY26 FY25 FY24 FY23 Revenue from Operations 1,411.7 1,704.6 1,244.2 1,100.2 Other Income 35.6 38.8 48.5 17.9 Total Income 1,447.3 1,743.4 1,292.7 1,118.1 Cost of Goods Sold 853.9 1,016.5 771.0 782.3 Gross Profit* 557.9 688.1 473.2 317.9
Slide 27: Historical Balance Sheet
Historical Balance Sheet Assets (in Rs. Crs) Sep-25 Mar-25 Mar-24 Mar-23 Equity & Liabilities (in Rs. Crs) Sep-25 Mar-25 Mar-24 Mar-23 Non - Current Assets 1,167.5 1,149.2 657.0 435.7 Total Equity 939.7 898.7 472.9 334.0 Property, plant and equipment 797.2 766.2 371.8 278.9 Share Capital 18.8 18.8 1
Slide 28: Historical Abridged Cash Flow Statement
Historical Abridged Cash Flow Statement Particulars (Rs. Crs) Sep-25 Mar-25 Mar-24 Mar-23 Net Profit Before Tax 90.4 161.6 119.4 79.9 Adjustments for: Non -Cash Items / Other Investment or Financial Items 101.4 140.9 101.4 88.2 Operating profit before working capital changes 191.8 302.5 220.8 168.1
Slide 29: Historical Financial Highlights
Historical Financial Highlights Total Income# Adjusted EBITDA* Adjusted Profit After Tax^ +25% 1,743 +34% 272 +45% 123 1,447 242 1,293 90 97 1,118 181 151 59 FY23 FY24 FY25 9MFY26 FY23 FY24 FY25 9MFY26* FY23 FY24 FY25 9MFY26# Gross Profit Margin (%)* Adjusted EBITDA Margin (%)* Adjusted PAT Margin (
Slide 30: Financial Ratios
Financial Ratios ROE ROA ROCE 22.2% 7.6% 7.2% 17.4% 18.4% 17.2% 19.3% 19.0% 6.3% 16.1% 17.8% 6.1% 5.7% 14.1% 13.1% FY22 FY23 FY24 FY25 9MFY26 FY22 FY23 FY24 FY25 9MFY26 FY22 FY23 FY24 FY25 9MFY26 Debt / Equity (x) Asset Turnover (x) 1.4 3.3 3.3 1.2 3.1 2.5 0.9 0.8 0.8 2.0 FY22 FY23 FY24 FY25 9MFY26
Slide 31: 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 +
Pitti Engineering — Q3 & 9MFY26 Earnings Presentation on 6ix