Pitti Engineering Limited

NSE PITTIENG.NS

Pitti Engineering Limited Debt to Equity Ratio for the year ending March 31, 2024: 1.48

Pitti Engineering Limited Debt to Equity Ratio is 1.48 for the year ending March 31, 2024, a 38.74% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Pitti Engineering Limited Debt to Equity Ratio for the year ending March 31, 2023 was 1.07, a -22.87% change year over year.
  • Pitti Engineering Limited Debt to Equity Ratio for the year ending March 31, 2022 was 1.38, a 2.71% change year over year.
  • Pitti Engineering Limited Debt to Equity Ratio for the year ending March 31, 2021 was 1.35, a 14.56% change year over year.
  • Pitti Engineering Limited Debt to Equity Ratio for the year ending March 31, 2020 was 1.18, a -15.95% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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NSE: PITTIENG.NS

Pitti Engineering Limited

CEO Mr. Sharad Badrivishal Pitti
IPO Date Feb. 2, 2007
Location India
Headquarters 6-3-648/401, Padmaja Landmark
Employees 1,331
Sector Materials
Industries
Description

Pitti Engineering Limited manufactures and sells manufactures electrical sheet metal products in India. It manufactures engineering products of iron and steel, including electrical steel laminations, stator and rotor core assemblies, subassemblies, pole assemblies, die-cast rotors, press tools, and high precision machining of various metal components. The company's products are used in hydro and thermal generation, windmill, mining, cement, steel, sugar, construction, lift irrigation, freight rail, passenger rail, mass urban transport, e-mobility, appliances, medical equipment, oil and gas, and other industrial applications. It also exports its products. The company was formerly known as Pitti Laminations Limited and changed its name to Pitti Engineering Limited in May 2018. Pitti Engineering Limited was incorporated in 1983 and is based in Hyderabad, India.

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StockViz Staff

January 15, 2025

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