Pitti Engineering Limited

NSEI:PITTIENG Stock Report

Market Cap: ₹37.3b

Pitti Engineering Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Sharad Pitti

Chief executive officer

₹9.9m

Total compensation

CEO salary percentage100.00%
CEO tenure41.7yrs
CEO ownership16.5%
Management average tenure2.5yrs
Board average tenureless than a year

Recent management updates

Recent updates

Pitti Engineering's (NSE:PITTIENG) Shareholders May Want To Dig Deeper Than Statutory Profit

Apr 28
Pitti Engineering's (NSE:PITTIENG) Shareholders May Want To Dig Deeper Than Statutory Profit

Why Investors Shouldn't Be Surprised By Pitti Engineering Limited's (NSE:PITTIENG) P/E

Mar 20
Why Investors Shouldn't Be Surprised By Pitti Engineering Limited's (NSE:PITTIENG) P/E

The Consensus EPS Estimates For Pitti Engineering Limited (NSE:PITTIENG) Just Fell A Lot

Feb 19
The Consensus EPS Estimates For Pitti Engineering Limited (NSE:PITTIENG) Just Fell A Lot

Subdued Growth No Barrier To Pitti Engineering Limited (NSE:PITTIENG) With Shares Advancing 39%

Jul 05
Subdued Growth No Barrier To Pitti Engineering Limited (NSE:PITTIENG) With Shares Advancing 39%

Pitti Engineering's (NSE:PITTIENG) Earnings Are Of Questionable Quality

May 22
Pitti Engineering's (NSE:PITTIENG) Earnings Are Of Questionable Quality

Is Pitti Engineering (NSE:PITTIENG) Using Too Much Debt?

Mar 14
Is Pitti Engineering (NSE:PITTIENG) Using Too Much Debt?

Calculating The Fair Value Of Pitti Engineering Limited (NSE:PITTIENG)

Feb 26
Calculating The Fair Value Of Pitti Engineering Limited (NSE:PITTIENG)

The Trend Of High Returns At Pitti Engineering (NSE:PITTIENG) Has Us Very Interested

Sep 13
The Trend Of High Returns At Pitti Engineering (NSE:PITTIENG) Has Us Very Interested

Pitti Engineering's (NSE:PITTIENG) Dividend Will Be Increased To ₹1.50

Feb 17
Pitti Engineering's (NSE:PITTIENG) Dividend Will Be Increased To ₹1.50

Shareholders May Not Be So Generous With Pitti Engineering Limited's (NSE:PITTIENG) CEO Compensation And Here's Why

Sep 17
Shareholders May Not Be So Generous With Pitti Engineering Limited's (NSE:PITTIENG) CEO Compensation And Here's Why

Returns On Capital Are A Standout For Pitti Engineering (NSE:PITTIENG)

Jun 23
Returns On Capital Are A Standout For Pitti Engineering (NSE:PITTIENG)

Is Pitti Engineering (NSE:PITTIENG) A Risky Investment?

Jun 02
Is Pitti Engineering (NSE:PITTIENG) A Risky Investment?

Is Now The Time To Put Pitti Engineering (NSE:PITTIENG) On Your Watchlist?

May 10
Is Now The Time To Put Pitti Engineering (NSE:PITTIENG) On Your Watchlist?

Pitti Engineering (NSE:PITTIENG) Has A Pretty Healthy Balance Sheet

Jan 20
Pitti Engineering (NSE:PITTIENG) Has A Pretty Healthy Balance Sheet

Pitti Engineering (NSE:PITTIENG) Is Investing Its Capital With Increasing Efficiency

Nov 08
Pitti Engineering (NSE:PITTIENG) Is Investing Its Capital With Increasing Efficiency

I Ran A Stock Scan For Earnings Growth And Pitti Engineering (NSE:PITTIENG) Passed With Ease

Sep 13
I Ran A Stock Scan For Earnings Growth And Pitti Engineering (NSE:PITTIENG) Passed With Ease

Pitti Engineering (NSE:PITTIENG) Shareholders Will Want The ROCE Trajectory To Continue

Jun 14
Pitti Engineering (NSE:PITTIENG) Shareholders Will Want The ROCE Trajectory To Continue

Here's Why Pitti Engineering (NSE:PITTIENG) Is Weighed Down By Its Debt Load

Mar 22
Here's Why Pitti Engineering (NSE:PITTIENG) Is Weighed Down By Its Debt Load

Does Pitti Engineering (NSE:PITTIENG) Have The Makings Of A Multi-Bagger?

Mar 01
Does Pitti Engineering (NSE:PITTIENG) Have The Makings Of A Multi-Bagger?

Key Things To Understand About Pitti Engineering's (NSE:PITTIENG) CEO Pay Cheque

Feb 10
Key Things To Understand About Pitti Engineering's (NSE:PITTIENG) CEO Pay Cheque

CEO Compensation Analysis

How has Sharad Pitti's remuneration changed compared to Pitti Engineering's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

₹1b

Dec 31 2024n/an/a

₹1b

Jun 30 2024n/an/a

₹968m

Mar 31 2024₹10m₹10m

₹902m

Dec 31 2023n/an/a

₹747m

Sep 30 2023n/an/a

₹735m

Jun 30 2023n/an/a

₹611m

Mar 31 2023₹10m₹10m

₹588m

Dec 31 2022n/an/a

₹538m

Sep 30 2022n/an/a

₹532m

Jun 30 2022n/an/a

₹562m

Mar 31 2022₹10m₹10m

₹519m

Dec 31 2021n/an/a

₹531m

Sep 30 2021n/an/a

₹488m

Jun 30 2021n/an/a

₹459m

Mar 31 2021₹10m₹10m

₹288m

Dec 31 2020n/an/a

₹91m

Sep 30 2020n/an/a

₹59m

Jun 30 2020n/an/a

₹28m

Mar 31 2020₹7m₹5m

₹171m

Dec 31 2019n/an/a

₹222m

Sep 30 2019n/an/a

₹232m

Jun 30 2019n/an/a

₹242m

Mar 31 2019₹5m₹5m

₹237m

Compensation vs Market: Sharad's total compensation ($USD115.38K) is below average for companies of similar size in the Indian market ($USD279.36K).

Compensation vs Earnings: Sharad's compensation has been consistent with company performance over the past year.


CEO

Sharad Pitti (67 yo)

41.7yrs
Tenure
₹9,878,000
Compensation

Mr. Sharad Badrivishal Pitti serves as the Chairman and Managing Director at Pitti Engineering Limited (formerly known as Pitti Laminations Limited). Mr. Pitti serves as the Chairman at Pitti Castings Pvt...


Leadership Team

NamePositionTenureCompensationOwnership
Sharad Pitti
Chairman & MDno data₹9.88m16.5%
₹ 6.2b
Akshay Pitti
Vice Chairman & MD20.6yrs₹9.88m9.22%
₹ 3.4b
M. Pavankumar
Chief Financial Officer2.5yrsno datano data
Mary Braganza
Company Secretary & Compliance Officer7.4yrs₹1.78mno data
Sandip Agarwala
COO of Motor & Generator Components Business1yrno datano data
Rishab Gupta
Chief Operating Officer of Machined Components & Enterprise Sourcingless than a yearno datano data
2.5yrs
Average Tenure
45yo
Average Age

Experienced Management: PITTIENG's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sharad Pitti
Chairman & MD41.7yrs₹9.88m16.5%
₹ 6.2b
Akshay Pitti
Vice Chairman & MD20.6yrs₹9.88m9.22%
₹ 3.4b
Priti Savla
Independent Directorless than a yearno datano data
Vinod Nagururu
Independent Directorless than a yearno datano data
Kemisha Soni
Independent Directorless than a yearno datano data
0.7yrs
Average Tenure
47yo
Average Age

Experienced Board: PITTIENG's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/21 12:34
End of Day Share Price 2025/05/21 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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.

AnalystInstitution
Vijay MadunalaFirstCall Research
Chirag ShahICICIdirect.com
null nullK.R. Choksey Shares & Securities Private Ltd.