Pitti Engineering Limited has announced a board meeting scheduled for February 5, 2026, to review and approve the company's unaudited financial results for the third quarter of FY26. The meeting notice, issued on January 23, 2026, was communicated to both BSE Limited and National Stock Exchange of India Limited in accordance with regulatory requirements.

Board Meeting Details

The board meeting has been convened pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The primary agenda includes consideration and approval of unaudited financial results for both standalone and consolidated accounts.

Trading Window Information

Pitti Engineering Limited has provided an update on its trading window status in continuation of its earlier communication dated December 29, 2025. The company has specified that the trading window for dealing in securities was closed from the start of business hours on December 31, 2025.

The trading window will reopen after forty-eight hours following the announcement of unaudited financial results to the stock exchanges. This measure ensures compliance with insider trading regulations and maintains market integrity during the results announcement period.

Corporate Communication

The notice was signed by Mary Monica Braganza, Company Secretary and Chief Compliance Officer (FCS: 5532), and digitally authenticated on January 23, 2026. The company operates under CIN: L29253TG1983PLC004141 and maintains its registered office at Padmaja Landmark, Somajiguda, Hyderabad, Telangana.

Investors and stakeholders will await the financial results announcement following the board meeting, which will provide insights into the company's performance for the third quarter and nine-month period of the current fiscal year.

Pitti Engineering Limited has announced its financial results for the second quarter, showcasing robust growth and operational performance.

Key Financial Highlights

• Revenue: Achieved highest quarterly revenue of INR 499.00 crores, marking a 10% year-on-year growth.
• EBITDA: Grew by 17.5% year-on-year to INR 78.00 crores.
• EBITDA Margin: Remained stable at 16.3%, reflecting strong operating leverage.

Operational Performance

The company reported significant volume growth across various product categories:

Future Outlook

Pitti Engineering expects capacity utilization to reach 80% by the end of FY27. The company targets lamination sales of 90,000-94,000 tons over the next three years. Strong demand is anticipated in traction motors, railways, data centers, and renewable energy sectors.

Management Commentary

Akshay Pitti, Managing Director and CEO, stated, "We are pleased to report another strong quarter of performance. Our deeper customer engagement has enabled us to enhance our wallet share in key areas. The surge in global data center requirements has significantly boosted the need for power generation solutions, presenting a major growth opportunity for our business."

Market Diversification

The company is actively engaging with customers both in India and overseas to realign capacities and capabilities with anticipated rising demand. Pitti Engineering remains optimistic about domestic growth prospects across traction motor, power generation, and wind power segments.

Challenges and Strategies

• The company is addressing raw material supply challenges by diversifying its sourcing strategy, including imports from Korea and Japan.
• Pitti Engineering plans to maintain about 25% of its total requirements from imports until the situation in Indian steel manufacturing stabilizes.

Conclusion

Pitti Engineering's strong quarterly performance, coupled with its strategic initiatives and positive outlook in key sectors, positions the company for sustained growth. The management's focus on capacity expansion and market diversification is expected to drive future performance, despite challenges in the raw material supply chain.

Investors and stakeholders will be keenly watching the company's progress in achieving its targeted growth and navigating the evolving market dynamics in the engineering and manufacturing sector.