Pitti Engineering Limited manufactures and sells electrical steel laminations, motor cores, sub-assemblies, die-cast rotors, and press tools in India and internationally.
The last earnings update was 48 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Pitti Engineering. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Pitti Engineering's earnings available for a low price, and how does
this compare to other companies in the same industry?
Pitti Engineering's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
Unable to determine if Pitti Engineering is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Pitti Engineering's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
5/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Pitti Engineering's finances.
The net worth of a company is the difference between its assets and liabilities.
Pitti Engineering is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Pitti Engineering's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Pitti Engineering's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1.4x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
Mr. Sharad B. Pitti serves as the Chairman and Managing Director at Pitti Laminations Limited. Mr. Pitti serves as the Chairman at Pitti Castings Pvt Ltd. Mr. Pitti serves as a Member of the Board of Directors at Pitti Electrical Equipment Private Limited. He has been a Director of Pitti Laminations Limited since September 17, 1983.
Sharad's compensation has been consistent with company performance over the past year, both up more than 20%.
Sharad's remuneration is higher than average for companies of similar size in India.
Management Team Tenure
Average tenure of the
management team in years:
The tenure for the Pitti Engineering management team is about average.
Chairman & MD
Vice Chairman & MD
CFO & President of Corporate Resources
Company Secretary & Compliance Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Pitti Engineering board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Why Pitti Engineering Limited (BOM:513519) May Not Be As Efficient As Its Industry
and looking to gauge the potential return on investment in Pitti Engineering Limited (BOM:513519). … Pitti Engineering Limited’s (BOM:513519) most recent return on equity was a substandard 7.30% relative to its industry performance of 10.79% over the past year. … Return on Equity (ROE) weighs Pitti Engineering’s profit against the level of its shareholders’ equity.
Pitti Engineering Limited manufactures and sells electrical steel laminations, motor cores, sub-assemblies, die-cast rotors, and press tools in India and internationally. The company offers laminations for various rotating electrical machinery; and manufactures dies, jigs, fixtures, and press tools. It also provides die cast rotors and assemblies, stator and rotor core assemblies, pole assemblies, and casting and machine components, as well as steel fabricated parts. In addition, the company offers windmills castings, assembled laminations stacks, compressor castings, stator frames, transmission housings, and parts for off highway vehicles; and ductile iron, grey iron, and plain carbon steel grades, as well as components for various industries, including railways off highway vehicles, earthmoving equipment, compressors, windmills, power sector, transmission parts, oil and gas, etc. Its products has applications in industrial motors, alternators, hydro and thermal power generators, wind power generators, DC machines, traction motors, pumps, medical diagnostic equipment, and aeronautic wing control motors. The company was formerly known as Pitti Laminations Limited and changed its name to Pitti Engineering Limited in May 2018. Pitti Engineering Limited was founded in 1983 and is based in Hyderabad, India.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.