Pitti Engineering Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 17.73 Cr
- Company Age 41 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,424.37 Cr
- Satisfied Charges ₹ 1,723.10 Cr
- Revenue Growth 15.22%
- Profit Growth 13.36%
- Ebitda 14.15%
- Net Worth 17.65%
- Total Assets 2.25%
About Pitti Engineering
Pitti Engineering Limited (PEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 September 1983 and has a history of 41 years and four months. Its registered office is in Hyderabad, Telangana, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513519 and on the National Stock Exchange(NSE) under PITTIENG.
The Corporate was formerly known as Pitti Laminations Private Limited. The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 17.73 Cr.
The company currently has active open charges totaling ₹1,424.37 Cr. The company has closed loans amounting to ₹1,723.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Pitti Engineering Limited India are Mary Braganza as COMPANY SECRETARY and Pavankumar Mamillapalli as Cfo. Vinod Kumar, Priti Savla, Kemisha Soni, and Four other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Pitti Engineering Limited offer?
Pitti Engineering Limited offers a wide range of products and services, including Transformers & Transformer Parts, Transformer Parts, Industrial Machinery, Workshop Machine, Machining Job Work, Tool Room Service, Industrial Patterns, Foundry Patterns, Stationery & Book Printing, Lamination Service.
Who are the key members and board of directors at Pitti Engineering?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mary Braganza  | Company Secretary | 14-Dec-2017 | Current |
| Pavankumar Mamillapalli | CFO | 12-Nov-2022 | Current |
| Akshay Pitti | Managing Director | 14-Oct-2004 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Swaminathan Thiagarajan | Director | 24-Apr-2015 | Current |
| Vinod Kumar | Director | 13-Sep-2024 | Current |
| Priti Savla | Director | 13-Sep-2024 | Current |
| Kemisha Soni | Director | 12-Sep-2024 | Current |
| Yogender Sahgal | Director | Current | |
| Sharad Pitti | Whole-Time Director | 17-Sep-1983 | Current |
Financial Performance of Pitti Engineering.
Pitti Engineering Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.22% increase. The company also saw a substantial improvement in profitability, with a 13.36% increase in profit. The company's net worth Soared by an impressive increase of 17.65%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pitti Engineering?
In 2023, Pitti Engineering had a promoter holding of 59.29% and a public holding of 40.71%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ujjain Smart City LimitedKemisha Soni is a mutual person
Sun Pharma Laboratories LimitedPriti Savla is a mutual person
Multi Commodity Exchange Clearing Corporation LimitedKemisha Soni is a mutual person
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Extensible Business Reporting Language (Xbrl) IndiaKemisha Soni is a mutual person
Dakshin Foundry Private LimitedMary Braganza and Akshay Pitti are mutual person
Poonawalla Fincorp LimitedKemisha Soni is a mutual person
Charges (Loans)
₹1,424.37 Cr
₹1,723.10 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 798.71 Cr
- Others : 622.90 Cr
- Tata Capital Financial Services Limited : 2.76 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jun 2024 | Others | ₹40.00 Cr | Open |
| 02 Apr 2024 | Others | ₹100.00 Cr | Open |
| 15 Feb 2024 | Others | ₹75.00 Cr | Open |
| 28 Dec 2023 | Others | ₹407.90 Cr | Open |
| 21 Nov 2022 | Tata Capital Financial Services Limited | ₹2.76 Cr | Open |
How Many Employees Work at Pitti Engineering?
Pitti Engineering has a workforce of 758 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 Engineering, 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 Engineering'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.
