Pitti Engineering Reports Record Quarterly Revenue of INR 499 Crores with 17.5% EBITDA Growth

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:

Product Category	Volume (Tons)	Y-o-Y Growth
Total Lamination	17,722	5.5%
High Value-Added Assemblies	3,168	16.5%
Stator Frame and Shaft Integrated Assemblies	1,146	33.4%

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.08%	-2.39%	-5.22%	-6.97%	-31.07%	+2,057.74%

Pitti Engineering Limited has announced its financial results for the second quarter and half-year ended September 30, 2025, showcasing robust performance across both standalone and consolidated operations. The company has also made a strategic move by appointing a new Registrar and Transfer Agent.

Financial Performance

The company's financial results demonstrate strong growth in both revenue and profitability. Here's a breakdown of the key figures:

Particulars	Q2 FY26 (Standalone)	H1 FY26 (Standalone)	Q2 FY26 (Consolidated)	H1 FY26 (Consolidated)
Revenue from Operations	₹396.22 crore	₹778.70 crore	₹450.56 crore	₹963.02 crore
Net Profit	₹35.57 crore	₹53.95 crore	₹42.73 crore	₹63.04 crore

The consolidated figures show a notable improvement over the standalone results, indicating positive contributions from the company's subsidiaries or joint ventures.

Appointment of New Registrar and Transfer Agent

In a move aimed at enhancing shareholder services, Pitti Engineering's Board has approved the appointment of MUFG Intime India Private Limited as the new Registrar and Transfer Agent (RTA). This decision comes as a replacement for the current RTA, XL Softech Systems Limited.

The selection of MUFG Intime India Private Limited was based on several factors that are expected to benefit shareholders:

Skilled professionals
Electronic solutions for share-related services
Strong digital system for handling shareholder queries
Technologically advanced infrastructure

The effective date for this transition will be communicated to shareholders after receiving necessary approvals and executing tripartite agreements.

Looking Ahead

With strong financial performance and the strategic appointment of a new RTA, Pitti Engineering appears to be focusing on both operational excellence and improved shareholder services. The company's growth in revenue and profitability, particularly on a consolidated basis, suggests a positive trajectory for its business operations.

Shareholders and investors should keep an eye out for further communications regarding the RTA transition, as this change is expected to enhance the efficiency of share-related services and query resolution.