Why is Pitti Engineering Ltd ?
1
Flat results in Mar 26
- ROCE(HY) Lowest at 13.96%
- PAT(Q) At Rs 26.61 cr has Fallen at -16.4% (vs previous 4Q average)
2
With ROCE of 12.8, it has a Attractive valuation with a 2.6 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -4.57%, its profits have fallen by -3.7%
3
High Institutional Holdings at 21.34%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
How much should you hold?
- Overall Portfolio exposure to Pitti Engg. should be less than 10%
- Overall Portfolio exposure to Industrial Manufacturing should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Pitti Engg. for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Pitti Engg.
-4.57%
-0.11
39.97%
Sensex
-8.26%
-0.63
13.11%
Quality key factors
Factor
Value
Sales Growth (5y)
19.00%
EBIT Growth (5y)
22.46%
EBIT to Interest (avg)
2.54
Debt to EBITDA (avg)
2.75
Net Debt to Equity (avg)
0.67
Sales to Capital Employed (avg)
1.25
Tax Ratio
29.70%
Dividend Payout Ratio
14.71%
Pledged Shares
0
Institutional Holding
21.34%
ROCE (avg)
14.13%
ROE (avg)
16.42%
Valuation Key Factors 
Factor
Value
P/E Ratio
30
Industry P/E
34
Price to Book Value
3.61
EV to EBIT
20.04
EV to EBITDA
13.39
EV to Capital Employed
2.56
EV to Sales
2.21
PEG Ratio
NA
Dividend Yield
0.15%
ROCE (Latest)
12.77%
ROE (Latest)
11.94%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
No Trend
Technical Movement
5What is working for the Company
DEBTORS TURNOVER RATIO(HY)
Highest at 9.27 times
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 146.72 cr
NET SALES(Q)
Highest at Rs 501.09 cr
PBDIT(Q)
Highest at Rs 81.63 cr.
-4What is not working for the Company
ROCE(HY)
Lowest at 13.96%
PAT(Q)
At Rs 26.61 cr has Fallen at -16.4% (vs previous 4Q average
Loading Valuation Snapshot...
Here's what is working for Pitti Engg.
Debtors Turnover Ratio- Half Yearly
Highest at 9.27 times and Grown
each half year in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Net Sales - Quarterly
Highest at Rs 501.09 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 81.63 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Cash and Cash Equivalents - Half Yearly
Highest at Rs 146.72 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Here's what is not working for Pitti Engg.
Profit After Tax (PAT) - Quarterly
At Rs 26.61 cr has Fallen at -16.4% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 31.83 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)






