Pitti Castings Profile
Key Indicators
- Authorised Capital ₹ 136.79 Cr
as on 17-05-2024
- Paid Up Capital ₹ 136.79 Cr
as on 17-05-2024
- Company Age 13 Year, 13 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 59.00 Cr
as on 17-05-2024
- Satisfied Charges ₹ 141.73 Cr
as on 17-05-2024
- Revenue 9.63%
(FY 2023)
- Profit 391.14%
(FY 2023)
- Ebitda 61.90%
(FY 2023)
- Net Worth 586.98%
(FY 2023)
- Total Assets 1.61%
(FY 2023)
About Pitti Castings
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 136.79 Cr and a paid-up capital of Rs 136.79 Cr.
The company currently has active open charges totaling ₹59.00 Cr. The company has closed loans amounting to ₹141.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Pitti Castings Private Limited India is Nishitha Agarwal as COMPANY SECRETARY. Sharad Pitti, Akshay Pitti, and Madhuri Pitti serve as directors at the Company.
- CIN/LLPIN
U27310TG2011PTC077833
- Company No.
077833
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Dec 2011
- Date of AGM
18 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Pitti Castings Private Limited offer?
Pitti Castings Private Limited offers a wide range of products and services, including Sheet Metal & Turned Components, Machine Parts, Nails, Fasteners, Rivets & Shackles, Anchor Fasteners.
Who are the key members and board of directors at Pitti Castings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nishitha Agarwal | Company Secretary | 01-Jul-2022 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sharad Pitti  | Director | 07-Dec-2011 | Current |
| Akshay Pitti | Director | 07-Dec-2011 | Current |
| Madhuri Pitti | Director | 09-Jun-2023 | Current |
Financial Performance and Corporate Structure Insights of Pitti Castings.
Pitti Castings Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.63% increase. The company also saw a substantial improvement in profitability, with a 391.14% increase in profit. The company's net worth Soared by an impressive increase of 586.98%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pitti Castings?
In 2023, Pitti Castings had a promoter holding of 96.72% and a public holding of 3.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Pitti Rail And Engineering Components LimitedActive 4 years 2 months
Sharad Pitti and Akshay Pitti are mutual person
- Pitti Electrical Equipment Private LimitedActive 29 years 8 months
Sharad Pitti, Akshay Pitti and 1 more are mutual person
- Pitti Holdings Private LimitedActive 12 years 11 months
Sharad Pitti and Akshay Pitti are mutual person
- Pitti Components LimitedActive 13 years 5 months
Sharad Pitti, Akshay Pitti and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 03 Jan 2024 | ₹29.50 Cr | Open |
Yes Bank Limited Creation Date: 28 Jun 2023 | ₹29.50 Cr | Open |
Tata Capital Financial Services Limited Creation Date: 05 Feb 2021 | ₹1.35 Cr | Satisfied |
How Many Employees Work at Pitti Castings?
Pitti Castings has a workforce of 274 employees as of May 17, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Pitti Castings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Pitti Castings's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
