Pitti Engineering reports Q2 FY27 Total Income Rs. 580.5 Cr, announces Rs. 450 Cr capex
RESULTS
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 22 Oct 2026, 08:24 PM IST · BSE ID: 3c4e701a-e711-4f52-9db5-2ae8ef3bba71
View Original BSE Filing (PDF)
💡
In Simple Terms
Pitti Engineering's latest financial results show higher income but lower profit, alongside a new investment plan to grow capacity.
🤖 AI Summary
- Pitti Engineering reported Q2 FY27 Total Income of Rs. 580.5 Cr, a 16.3% YoY increase.
- Adjusted PAT for Q2 FY27 decreased by 15.1% to Rs. 36.3 Cr.
- Announced Rs. 450 crore capex for laminations and machining capacity expansion by FY31.
- Subsidiaries Pitti Industries Private Limited and Dakshin Foundry Private Limited merged in September 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Q2 FY27 Total Income
Rs. 580.5 Cr
+16.3%
Q2 FY27 Adj. EBITDA
Rs. 91.3 Cr
+13.6%
Q2 FY27 Adj. PAT
Rs. 36.3 Cr
-15.1%
H1 FY27 Total Income
Rs. 1,110.5 Cr
+15.3%
H1 FY27 Adj. EBITDA
Rs. 180.1 Cr
+13.6%
H1 FY27 Adj. PAT
Rs. 68.2 Cr
-0.4%
Capex Announced
Rs. 450 crore
Q2 FY27 Total Laminations (MT)
20,612
27.9%
🏢 How This Affects the Company
The capex plan for a new greenfield unit in Bengaluru and capacity expansion in existing/leased premises aims to increase laminations capacity to 1,60,000 MTs and machining capacity to 13,14,000 hours by FY31.
The Rs. 450 crore capex investment will require significant capital allocation over the phased expansion period until FY31. Q2 FY27 Adjusted PAT decreased by 15.1% to Rs. 36.3 Cr.
Consolidation of laminations operations at the new Bengaluru facility and phased capacity additions will alter manufacturing footprint and increase production capabilities.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results and capex announcement.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, including the decrease in Q2 FY27 Adjusted PAT to Rs. 36.3 Cr, and the strategic capex decision.
🔍
Management Signal
Management's decision to undertake a Rs. 450 crore capex reflects confidence in long-term demand and ambition to expand market position and integrated capabilities.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 results — evaluate profitability trends and revenue growth.
Updates on Bengaluru greenfield land acquisition progress.
Further details on phased capacity addition at existing/leased premises.
MEDIUM RISK
The decrease in Adjusted PAT despite revenue growth indicates potential pressure on margins, requiring close monitoring.
💡 Investor Takeaway
Pitti Engineering reported Q2 FY27 Total Income of Rs. 580.5 Cr, a 16.3% YoY increase, while Adjusted PAT decreased by 15.1% to Rs. 36.3 Cr. The company announced a Rs. 450 crore capex for capacity expansion of laminations to 1,60,000 MTs and machining to 13,14,000 hours by FY31.
⚖️ Strengths & Concerns
✅ Positives
- Total Income increased by 16.3% YoY to Rs. 580.5 Cr in Q2 FY27, reflecting sales growth.
- Total Laminations volume grew by 27.9% YoY to 20,612 MT in Q2 FY27, indicating strong product demand.
⚠️ Concerns
- Adjusted PAT decreased by 15.1% YoY to Rs. 36.3 Cr in Q2 FY27.
- Adj. PAT Margin for Q2 FY27 stood at 6.3%, lower than the previous period's implied margin.
📅 Company Track Record
Pitti Engineering reported FY26 income of Rs. 1,953 Cr. The company had previously planned a ₹290 crore capex for a new facility in May 2026 to increase casting capacity to 36,000 MT per annum, and has now announced an additional Rs. 450 crore capex.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Pitti Engineering's Total Income for Q2 FY27?
Pitti Engineering reported a Total Income of Rs. 580.5 Cr for Q2 FY27, representing a 16.3% year-on-year increase.
What was Pitti Engineering's Adjusted PAT for Q2 FY27?
The Adjusted PAT for Pitti Engineering in Q2 FY27 was Rs. 36.3 Cr, which is a 15.1% decrease year-on-year.
What capex plan did Pitti Engineering announce?
Pitti Engineering announced a Rs. 450 crore capex to expand laminations capacity to 1,60,000 MTs and machining capacity to 13,14,000 hours by FY31.
What were Pitti Engineering's Total Laminations sales volume in Q2 FY27?
Total Laminations sales volume for Pitti Engineering in Q2 FY27 was 20,612 MT, showing a 27.9% year-on-year increase.
Questions based on this BSE filing only. For information purposes.