Pitti Engineering Limited

Manufacturer of electrical laminations, die-cast rotors, and other components for industrial motors.

1983 | Hyderabad, Telangana (India) | Active
Last Updated:

Pitti Engineering Profile

Key Indicators

  • Authorised Capital ₹ 166.89 Cr
  • Paid Up Capital ₹ 18.83 Cr
  • Company Age 41 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,112.66 Cr
  • Satisfied Charges ₹ 2,335.50 Cr
  • Revenue Growth 11.79%
  • Profit Growth 53.32%
  • Ebitda 17.39%
  • Net Worth 24.60%
  • Total Assets 36.00%

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 eight 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 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 166.89 Cr and a paid-up capital of Rs 18.83 Cr.

The company currently has active open charges totaling ₹1,112.66 Cr. The company has closed loans amounting to ₹2,335.50 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. Sharad Pitti, Akshay Pitti, Vinod Kumar, 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

  • CIN/LLPIN

    L29253TG1983PLC004141

  • Company No.

    004141

  • Stock Symbol

    BSE : 513519 NSE : PITTIENG

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Sep 1983

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Machinery and Equipment

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.

Company report

Pitti Engineering Limited

Explore comprehensive data for Pitti Engineering Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Pitti Engineering?

Executive Team (3)

NameDesignationAppointment DateStatus
Akshay Pitti Country flag representing In Managing Director14-Oct-2004Current
Mary Braganza Country flag representing In Company Secretary14-Dec-2017Current
Pavankumar Mamillapalli CFO12-Nov-2022Current

Board Members (6)

NameDesignationAppointment DateStatus
Swaminathan Thiagarajan Country flag representing In Director 24-Apr-2015Current
Sharad Pitti Country flag representing In Whole-Time Director 17-Sep-1983Current
Vinod Kumar Country flag representing In Director 14-Aug-2024Current
Priti Savla Country flag representing In Director 14-Aug-2024Current
Yogender Sahgal Country flag representing In Director 09-Nov-2023Current
Kemisha Soni Country flag representing In Director 14-Aug-2024Current

Financial Performance of Pitti Engineering.

Pitti Engineering Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 11.79% increase. The company also saw a substantial improvement in profitability, with a 53.32% increase in profit. The company's net worth Soared by an impressive increase of 24.6%.

Pitti Engineering revenue growth over time
Pitti Engineering profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
11.79%
Revenue from Operations
9.22%
Total Assets
36.00%
Profit or Loss
53.32%
Net Worth
24.60%
EBITDA
17.39%

What is the Ownership and Shareholding Structure of Pitti Engineering?

In 2024, 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,112.66 Cr

Satisfied Charges

₹2,335.50 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 964.90 Cr
  • Yes Bank Limited : 105.00 Cr
  • Others : 40.00 Cr
  • Tata Capital Financial Services Limited : 2.76 Cr

Latest Charge Details

DateLenderAmountStatus
25 Feb 2025Yes Bank Limited₹105.00 CrOpen
25 Jun 2024Others₹40.00 CrOpen
21 Nov 2022Tata Capital Financial Services Limited₹2.76 CrOpen
08 Jun 2022Sbicap Trustee Company Limited₹964.90 CrOpen
02 Apr 2024Others₹100.00 CrSatisfied

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.

Employee growth trends for Pitti Engineering Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Pitti Engineering

Recent activity within the organization

  • Charges

    A charge registered on 03 Jan 2024 via Charge ID 100848144 with Others was fully satisfied on 10 Mar 2025.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 105.00 Cr with Charge ID 101059187 was registered on 25 Feb 2025.

  • Charges

    A charge registered on 02 Apr 2024 via Charge ID 100908417 with Others was fully satisfied on 14 Feb 2025.

  • Charges

    A charge registered on 15 Feb 2024 via Charge ID 100880236 with Others was fully satisfied on 12 Feb 2025.

  • Charges

    A charge registered on 28 Dec 2023 via Charge ID 100838072 with Others was fully satisfied on 03 Feb 2025.

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 964.90 Cr registered on 08 Jun 2022 with Charge ID 100588482 was modified on 23 Jan 2025.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Pitti Engineering Limited?

    Pitti Engineering Limited was incorporated on 17 Sep 1983.

  • What is authorized share capital and paid-up capital of Pitti Engineering Limited?

    The authorized share capital of Pitti Engineering Limited is ₹ 166.89 Cr and paid-up capital is ₹ 18.83 Cr.

  • Who are the current board members & directors of Pitti Engineering Limited?

    Currently 9 directors are associated with Pitti Engineering Limited.

    • Sharad Badrivishal Pitti
    • Akshay Sharad Pitti
    • Vinod Nagururu Kumar
    • Priti Paras Savla
    • Yogender Bahadur Sahgal
    • Swaminathan Thiagarajan
    • Kemisha Soni
    • Mary Monica Braganza
    • Pavankumar Mamillapalli

  • What is the registered address of Pitti Engineering Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pitti Engineering Limited is Iv Th Floor Padmaja Land Mark 6-3-648/401, Somajiguda India, Hyderabad, Telangana, 500082.

  • What is the corporate identification number (CIN) and company number of Pitti Engineering Limited?

    The corporate identification number (CIN) of Pitti Engineering Limited is L29253TG1983PLC004141 and the company number is 004141 as per Ministry of Corporate Affairs (MCA).

  • Is Pitti Engineering Limited registered with any stock exchange in India?

    Yes, Pitti Engineering Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): PITTIENG.

  • What is the official website of Pitti Engineering Limited?

    The Official website of Pitti Engineering Limited is https://www.pitti.in

  • What has been the recent revenue trend for Pitti Engineering Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Pitti Engineering Limited has risen by 11.79%.

  • How many employees does Pitti Engineering Limited currently have?

    As Per 2024 financial reports, 758 employees are currently employed by Pitti Engineering Limited.

  • What change has been observed in the net worth of Pitti Engineering Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Pitti Engineering Limited has experienced an upsurge of 24.60%.

  • What are the total open charges for Pitti Engineering Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Pitti Engineering Limited amount to ₹ 1,112.66 Cr.

  • When was the last Balance Sheet of Pitti Engineering Limited filed with the ROC?

    The most recent Balance Sheet for Pitti Engineering Limited was filed with the ROC on 31 Mar 2024.

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