Pitti Engineering Limited Share Price and Company Fundamentals



Price
₹326.1
Change
-0.600 (-0.184%)
52 week
208.0 - 375.0

Last traded: Today at 9:59 AM

Pitti Engineering Limited manufactures and sells sheet metal products in India. It manufactures engineering products of iron and steel, including electrical steel laminations, stator and rotor core assemblies, subassemblies, pole assemblies, die-cast rotors, press tools, and high precision machining of various metal components. The company's products are used in hydro and thermal generation, windmill, mining, cement, steel, sugar, construction, lift irrigation, freight rail, passenger rail, mass urban transport, e-mobility, appliances, medical equipment, oil and gas, and other industrial applications. It also exports its products. The company was formerly known as Pitti Laminations Limited and changed its name to Pitti Engineering Limited in May 2018. Pitti Engineering Limited was incorporated in 1983 and is based in Hyderabad, India.

Key Metrics

PE ratio

19.02

PB ratio

3.34

Dividend yield

0.38%

Beta

0.68

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Metal Fabrication / Industrials
Full time employees 1320
Website https://www.pitti.in
Mailing address 6-3-648/401, Padmaja Landmark 4th Floor Somajiguda Hyderabad 500 082 India
Phone / Fax 91 40 2331 2774 / 91 40 2339 3985

Dividends

Dividend yield

0.38%

Dividend amount

₹1.25

Payout ratio

9.93%

Pitti Engineering Limited paid ₹1.25 dividend and the ex-dividend date was 15 Sept 2022.The dividend payout ratio is 9.93%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.PITTIENG dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

PITTIENG's forward dividend amount is ₹1.65 and the forward dividend yield is 0.51%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Pitti Engineering Limited.

Name Title Age Total Pay
Mr. Sharad Badrivishal Pitti Chairman & MD 64 9.88M
Mr. Akshay Sharad Pitti Vice Chairman & MD 36 9.88M
Mr. M. Pavankumar Chief Financial Officer 42
Ms. Mary Monica Braganza Company Sec. & Compliance Officer

Profitability and management effectiveness

Profit margin

4.63%

Operating margin

10.09%

Return on assets

8.23%

Return on equity

19.05%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Pitti Engineering Limited is and its enterprise value is .

The PITTIENG's stocks Beta value is 0.68 making it 32% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Pitti Engineering Limited (NSE:PITTIENG) Frequently Asked Questions

1. What is Pitti Engineering Limited's Stock Symbol?

Pitti Engineering Limited trades on NSE under the ticker symbol "PITTIENG".

2. What is Pitti Engineering Limited's stock price today?

One share of PITTIENG stock can currently be purchased for approximately ₹326.1.

3. How can I contact Pitti Engineering Limited?

Pitti Engineering Limited's mailing address is 6-3-648/401, Padmaja Landmark 4th Floor Somajiguda Hyderabad 500 082 India. The company can be reached via phone at 91 40 2331 2774.

4. What is Pitti Engineering Limited's official website?

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