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← CockpitCompetitor Analysis › PITTIENG.NS Pitti Engineering Ltd.Open in the cockpit ↗

Pitti Engineering Ltd.PITTIENG.NSCompetitor analysis, valuation and peers

India · INR·Capital Goods›Industrial Machinery
Momentum weak 33
Mkt cap
$361M
US dollars, full cap
Free float
43%
of shares outstanding
$/day
$872,503
20-day average traded
Fwd P/E
25.7×
forward earnings
ROIC−WACC
-4.3 pp
WACC 15.2%
Hurdle
n/a
no reverse DCF
Next earnings
100 days
14 Feb 2027
Close · INR₹908.20
1D-2.8%
1W+6.5%
1M-18.8%
3M-3.5%
6M-8.9%
YTD+10.4%
1Y-6.2%
ATR %5.1%
Beta1.21
52w lowhigh26.0% off high

What Pitti Engineering does

Employees: 3,913

Pitti Engineering at a glance

Size Pitti Engineering (PITTIENG.NS) is an India Industrials company (Industrial Machinery) with a market value of $361M, the 980th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹908.20 on 6 Nov 2026.

Performance Over six months the shares fell 8.9%, against -22.4% for the median peer and 0.0% for the India market (cap-weighted) — 6th highest of 20 in its peer set.

Growth Revenue grew 14.7% over the last twelve months (peer median +2.6%); the operating margin is 10.9% (peer median 5.5%).

Valuation It trades at 25.7× forward earnings against a peer median of 28.3× (4th cheapest of 8).

Capital Return on invested capital runs 4.3 points below its cost of capital (15.2% WACC).

Next results Next results expected around 14 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026PITTIENG.NS 92Peer median 78
Six months, rebased to 100: Pitti Engineering against the median of its 20 peers (local-currency closes).

Pitti Engineering financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹20.9B₹19.0B₹16.9B₹12.3B₹10.9B
Revenue growth—+12%+37%+13%—
Gross profit₹5.28B₹3.67B₹2.99B₹1.79B₹1.51B
EBITDA₹3.38B₹3.02B₹2.64B₹1.74B₹1.50B
Net income₹1.18B₹1.18B₹1.22B₹897M₹588M
Free cash flown/a-₹773M-₹1.25B-₹2.19B₹723M
Capital expendituren/a₹2.05B₹3.54B₹2.50B₹1.07B
Total debt₹7.54B₹8.11B₹6.90B₹6.28B₹3.56B

Quarterly statements and history in the cockpit →

Pitti Engineering competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-20%0%+20%JASH5GD8052300092PRINCEPIPE002209ERII603107024850BYS601798HDD090360RIEN6638301252SYMPHONYPITTIENG.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Pitti Engineering is the large dot.

Fundamentals: revenue growth against valuation

-20%-10%0%+10%20×40×JASH300092PRINCEPIPENOEJHDD6638SYMPHONYPITTIENG.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Pitti Engineering is the large dot.

Pitti Engineering competitors and peer comparison

How Pitti Engineering compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Pitti Engineering against its 20 peers (data as of 6 Nov 2026)
MeasurePITTIENG.NSPeer medianRank in peer set
1-month return-18.8%-8.4%5th lowest of 21
6-month return-8.9%-22.4%6th highest of 20
Distance from 52-week high-26.0%-35.1%6th highest of 21
Revenue growth (TTM)+14.7%+2.6%6th highest of 21
Operating margin10.9%5.5%7th highest of 21
Forward P/E25.7×28.3×4th cheapest of 8
ROIC minus cost of capital-4.3 pp-2.8 pp9th lowest of 21
EV / EBITDA12.0×12.2×7th cheapest of 13
Net debt / EBITDA1.9×-0.0×3rd most indebted of 14

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Pitti Engineering PITTIENG.NSIndia$361M-9%+15%11%25.7×n/an/a
Jash Engineering JASH.NSIndia$362M+29%+1%12%31.3×28.8%+19.8%
Sunpower 5GD.SISingapore$360M+11%0%22%n/a-12.8%+17.8%
Tsubakimoto Kogyo 8052.TJapan$359M+6%-1%5%n/an/an/a
Sichuan Kexin Mechanical & Electrical Equipment 300092.SZChina$363M-38%-1%6%28.3×n/an/a
Prince Pipes And Fittings PRINCEPIPE.NSIndia$359M+15%+5%5%22.8×22.6%+4.6%
Guangzhou Tech-Long Packaging Machinery 002209.SZChina$359M-22%+8%8%n/a1.0%+14.7%
Energy Recovery ERIIUnited States$365M-22%-15%16%n/a1.5%+2.6%
Shanghai Automobile Air-Conditioner Accessories 603107.SSChina$357M-18%+3%6%n/a-4.6%+13.5%
HLB innoVation 024850.KSSouth Korea$366M-38%+21%-106%n/an/an/a
Bystronic BYS.SWSwitzerland$366M-23%-2%-6%n/an/an/a
Lanpec Technologies 601798.SSChina$370M-24%+33%4%n/a43.1%-3.3%
NORMA NOEJ.DEGermany$353M-23%-21%-4%45.3×-8.6%-2.9%
Heidelberger Druckmaschinen HDD.DEGermany$370M-23%-5%2%34.2×n/an/a
Junhe Pumps 603617.SSChina$352M-21%+9%5%n/an/an/a
Robostar 090360.KSSouth Korea$371M-29%+26%-2%n/an/an/a
Rieter RIEN.SWSwitzerland$371M-31%+20%-4%n/an/an/a
Mimaki Engineering 6638.TJapan$351M+25%+1%12%7.2×-2.7%+11.4%
ReTech Environmental Solutions 7934.TWOTaiwan$350Mn/a+13%16%n/an/an/a
Zhejiang Tongxing Technology 301252.SZChina$372M-17%+34%7%n/an/an/a
Symphony SYMPHONY.NSIndia$373M-37%+2%12%24.0×n/an/a

Questions

Which companies are Pitti Engineering's closest peers?
The cockpit's peer set: Jash Engineering (JASH.NS), Sunpower (5GD.SI), Tsubakimoto Kogyo (8052.T), Sichuan Kexin Mechanical & Electrical Equipment (300092.SZ), Prince Pipes And Fittings (PRINCEPIPE.NS), Guangzhou Tech-Long Packaging Machinery (002209.SZ), Energy Recovery (ERII), Shanghai Automobile Air-Conditioner Accessories (603107.SS).
Is Pitti Engineering expensive compared with its peers?
On forward p/e it trades at 25.7× against a peer median of 28.3×, 4th cheapest of 8 in its peer set.
How has Pitti Engineering stock performed?
Over six months to 6 Nov 2026 the shares returned -8.9% against -22.4% for the median peer; over one year -6.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.