Pitti Engineering Limited — Investor Meet, 13-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Pitti Engineering reported strong Q1 FY26 results with consolidated revenue up 17% YoY to ₹457 Cr, and PAT increasing 17% to ₹23 Cr. EBITDA margins expanded to 16.5%. The company approved a ₹150 Cr CAPEX over 18 months to boost sheet metal, machining, and casting capacities, aiming for near-peak utilization by Q4 FY26. Management expects 15% top-line growth for FY26, driven by robust order visibility and demand from high-margin segments like railways, data centers, and renewables. Despite temporary net debt increase due to raw material stocking, the long-term outlook remains confident, projecting debt reduction as cash accruals outpace CAPEX.