Pitti Engineering Q2FY27: revenue up 21.1% to Rs 578.4 crore, adjusted PAT down 15.1%; ~Rs 740 crore capacity expansion targeted by FY31
Q2FY27 revenue from operations up 21.1% to Rs 578.4 crore; adjusted EBITDA up 13.6%, adjusted PAT down 15.1% to Rs 36.3 crore.
By ScoutQuest · · 1 min read
- Q2FY27 revenue from operations
- up 21.1% to Rs 578.4 crore
- Adjusted PAT Q2FY27
- down 15.1% to Rs 36.3 crore
- Planned capex
- ~INR 740 crore (Rs 290 crore plus Rs 450 crore) in phases by FY31
- Period
- Quarter Ended September 30th, 2026
- Positioning
- The company presents itself as a maker of laminations, stator and rotor assemblies, castings and machined components serving railways, power, industrial, mining, renewables and data centres.
📉 Q2FY27 revenue from operations rose 21.1% to Rs 578.4 crore and H1FY27 rose 18.5% to Rs 1,107.5 crore. Adjusted EBITDA grew 13.6% to Rs 91.3 crore but margin slipped to 15.8% from 16.8%; adjusted PAT fell 15.1% to Rs 36.3 crore as depreciation rose and other income dropped from Rs 21.3 crore to Rs 2.1 crore.
📉 Volumes grew: total laminations up 27.9% to 20,612 MT in Q2FY27, with high value-added assemblies up 51.1%. Industry mix shifted, with data centres at 7% and mining, oil and gas at 10% of Q2FY27 revenue, while traction and railway fell to 27%.
🏭 Management states it will invest ~INR 740 crore (Rs 290 crore plus Rs 450 crore) in phases to lift sheet metals capacity to 1,60,000 MT, castings to 36,000 MT and machining to 13,14,000 hours by FY31, with land acquisition planned in Hyderabad and Bengaluru.
🏭 The company says the expansion is backed by strong order visibility from customers including Caterpillar, Voith, Progress Rail, Siemens Mobility and Medha Servo. Results are now standalone after the September 2026 merger of two subsidiaries, with prior periods restated.
Also from Pitti Engineering
Audio recording of Pitti Engineering's 23 October 2026 earnings conference call on Q2/H1 FY27 results made available
23 Oct 2026
Q2FY27: total income up 16.3% to Rs. 580.5 Cr, adjusted PAT down 15.1%; Rs. 450 crore capex announced
23 Oct 2026
Board approves two senior management re-designations and one promotion
23 Oct 2026
More numbers
- Revenue from Operations, Q2FY27578.4 (Rs. Crs)
- Revenue growth YoY, Q2FY2721.1%
- Revenue from Operations, H1FY271,107.5 (Rs. Crs)
- Adjusted EBITDA, Q2FY2791.3 (Rs. Crs)
- Adjusted EBITDA Margin, Q2FY2715.8%
- Adjusted Profit After Tax, Q2FY2736.3 (Rs. Crs)
- Adjusted PAT change YoY, Q2FY27-15.1%
- Profit After Tax, Q2FY2733.9 (Rs. Crs)
- Revenue from Operations, FY26 (Restated)1,912.8 (Rs. Crs)
- Planned capacity investment to FY31~₹740 crore
- Total Laminations sales volume, Q2FY27 (MT)20,612
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