Pitti Engineering Limited Latest Updates

Q2 FY26 Financial Performance For the quarter ended September 30, 2025, Pitti Engineering reported a net profit of ₹40.09 crore, reflecting a 5.4% year-over-year increase. Revenue from operations grew by 11.3% to ₹477.73 crore. The company’s EBITDA for the quarter stood at ₹78 crore, an 18% jump compared to the previous year, with operating margins improving to 16.3% due to better cost management and a shift toward high-margin engineered products. Major Capacity Expansion Plan The company is currently executing a ₹150 crore capital expenditure program to meet rising demand in sectors like data centers, renewable energy, and railways. This expansion is expected to add roughly 8,000 to 9,000 tonnes of lamination capacity by the end of this fiscal year, with the remaining capacity coming online in the first half of FY27. Management has set a long-term target of reaching 93,000 to 94,000 tonnes in lamination sales over the next three years. Registrar and Transfer Agent (RTA) Change In a significant administrative update, Pitti Engineering successfully transitioned its RTA services from XL Softech Systems to MUFG Intime India Private Limited, effective December 30, 2025. Electronic connectivity with both NSDL and CDSL has been shifted to the new agent. Shareholders should note that all future correspondence regarding share transfers, dividends, and other secretarial matters should now be directed to MUFG Intime India. Integration of Acquisitions The company is currently realizing synergies from its 2024 acquisitions, including Bagadia Chaitra Industries and Dakshin Foundry. These integrations have strengthened Pitti’s presence in the agricultural pump and appliance segments while boosting its total consolidated casting capacity to 18,600 MTPA. The NCLT also recently approved a scheme of amalgamation for two group entities, further streamlining the corporate structure.