Pitti Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Pitti Engineering has a total shareholder equity of ₹9.0B and total debt of ₹5.8B, which brings its debt-to-equity ratio to 64.4%. Its total assets and total liabilities are ₹20.0B and ₹11.1B respectively. Pitti Engineering's EBIT is ₹2.3B making its interest coverage ratio 3.4. It has cash and short-term investments of ₹1.4B.
Key information
64.37%
Debt to equity ratio
₹5.78b
Debt
| Interest coverage ratio | 3.4x |
| Cash | ₹1.40b |
| Equity | ₹8.99b |
| Total liabilities | ₹11.05b |
| Total assets | ₹20.04b |
Recent financial health updates
Is Pitti Engineering (NSE:PITTIENG) Using Too Much Debt?
Mar 14
Is Pitti Engineering (NSE:PITTIENG) A Risky Investment?
Jun 02Pitti Engineering (NSE:PITTIENG) Has A Pretty Healthy Balance Sheet
Jan 20Here's Why Pitti Engineering (NSE:PITTIENG) Is Weighed Down By Its Debt Load
Mar 22Recent updates
Pitti Engineering's (NSE:PITTIENG) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 28Why Investors Shouldn't Be Surprised By Pitti Engineering Limited's (NSE:PITTIENG) P/E
Mar 20The Consensus EPS Estimates For Pitti Engineering Limited (NSE:PITTIENG) Just Fell A Lot
Feb 19Subdued Growth No Barrier To Pitti Engineering Limited (NSE:PITTIENG) With Shares Advancing 39%
Jul 05Pitti Engineering's (NSE:PITTIENG) Earnings Are Of Questionable Quality
May 22Is Pitti Engineering (NSE:PITTIENG) Using Too Much Debt?
Mar 14Calculating The Fair Value Of Pitti Engineering Limited (NSE:PITTIENG)
Feb 26The Trend Of High Returns At Pitti Engineering (NSE:PITTIENG) Has Us Very Interested
Sep 13Pitti Engineering's (NSE:PITTIENG) Dividend Will Be Increased To ₹1.50
Feb 17Shareholders May Not Be So Generous With Pitti Engineering Limited's (NSE:PITTIENG) CEO Compensation And Here's Why
Sep 17Returns On Capital Are A Standout For Pitti Engineering (NSE:PITTIENG)
Jun 23Is Pitti Engineering (NSE:PITTIENG) A Risky Investment?
Jun 02Is Now The Time To Put Pitti Engineering (NSE:PITTIENG) On Your Watchlist?
May 10Pitti Engineering (NSE:PITTIENG) Has A Pretty Healthy Balance Sheet
Jan 20Pitti Engineering (NSE:PITTIENG) Is Investing Its Capital With Increasing Efficiency
Nov 08I Ran A Stock Scan For Earnings Growth And Pitti Engineering (NSE:PITTIENG) Passed With Ease
Sep 13Pitti Engineering (NSE:PITTIENG) Shareholders Will Want The ROCE Trajectory To Continue
Jun 14Here's Why Pitti Engineering (NSE:PITTIENG) Is Weighed Down By Its Debt Load
Mar 22Does Pitti Engineering (NSE:PITTIENG) Have The Makings Of A Multi-Bagger?
Mar 01Key Things To Understand About Pitti Engineering's (NSE:PITTIENG) CEO Pay Cheque
Feb 10Financial Position Analysis
Short Term Liabilities: PITTIENG's short term assets (₹8.5B) exceed its short term liabilities (₹7.0B).
Long Term Liabilities: PITTIENG's short term assets (₹8.5B) exceed its long term liabilities (₹4.1B).
Debt to Equity History and Analysis
Debt Level: PITTIENG's net debt to equity ratio (48.7%) is considered high.
Reducing Debt: PITTIENG's debt to equity ratio has reduced from 104.9% to 64.4% over the past 5 years.
Debt Coverage: PITTIENG's debt is well covered by operating cash flow (49.9%).
Interest Coverage: PITTIENG's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/22 15:17 |
| End of Day Share Price | 2025/05/22 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Pitti Engineering Limited is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vijay Madunala | FirstCall Research |
| Chirag Shah | ICICIdirect.com |
| null null | K.R. Choksey Shares & Securities Private Ltd. |