Pitti Engineering Limited (PITTIENG) - Net Assets

Latest as of September 2025: Rs9.40 Billion INR ≈ $101.63 Million USD

Based on the latest financial reports, Pitti Engineering Limited (PITTIENG) has net assets worth Rs9.40 Billion INR (≈ $101.63 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs21.43 Billion ≈ $231.71 Million USD) and total liabilities (Rs12.03 Billion ≈ $130.08 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Pitti Engineering Limited to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs9.40 Billion
% of Total Assets 43.86%
Annual Growth Rate 19.58%
5-Year Change 281.12%
10-Year Change 740.22%
Growth Volatility 27.77

Pitti Engineering Limited - Net Assets Trend (2006–2025)

This chart illustrates how Pitti Engineering Limited's net assets have evolved over time, based on quarterly financial data. Also explore PITTIENG total asset value for the complete picture of this company's asset base.

Annual Net Assets for Pitti Engineering Limited (2006–2025)

The table below shows the annual net assets of Pitti Engineering Limited from 2006 to 2025. For live valuation and market cap data, see Pitti Engineering Limited market capitalisation.

Year Net Assets Change
2025-03-31 Rs8.99 Billion
≈ $97.19 Million		 +115.91%
2024-03-31 Rs4.16 Billion
≈ $45.01 Million		 +24.60%
2023-03-31 Rs3.34 Billion
≈ $36.12 Million		 +17.65%
2022-03-31 Rs2.84 Billion
≈ $30.70 Million		 +20.41%
2021-03-31 Rs2.36 Billion
≈ $25.50 Million		 +13.47%
2020-03-31 Rs2.08 Billion
≈ $22.47 Million		 +18.09%
2019-03-31 Rs1.76 Billion
≈ $19.03 Million		 +13.85%
2018-03-31 Rs1.55 Billion
≈ $16.72 Million		 +36.49%
2017-03-31 Rs1.13 Billion
≈ $12.25 Million		 +5.88%
2016-03-31 Rs1.07 Billion
≈ $11.57 Million		 -8.78%
2015-03-31 Rs1.17 Billion
≈ $12.68 Million		 +5.09%
2014-03-31 Rs1.12 Billion
≈ $12.07 Million		 +2.41%
2013-03-31 Rs1.09 Billion
≈ $11.78 Million		 +8.22%
2012-03-31 Rs1.01 Billion
≈ $10.89 Million		 +50.04%
2011-03-31 Rs670.91 Million
≈ $7.26 Million		 +12.38%
2010-03-31 Rs597.02 Million
≈ $6.46 Million		 +0.49%
2009-03-31 Rs594.11 Million
≈ $6.43 Million		 +9.22%
2008-03-31 Rs543.95 Million
≈ $5.88 Million		 +10.52%
2007-03-31 Rs492.18 Million
≈ $5.32 Million		 +63.64%
2006-03-31 Rs300.76 Million
≈ $3.25 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Pitti Engineering Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 369520000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings Rs3.70 Billion 41.12%
Common Stock Rs188.31 Million 2.10%
Other Comprehensive Income Rs1.22 Billion 13.59%
Other Components Rs3.88 Billion 43.19%
Total Equity Rs8.99 Billion 100.00%

Pitti Engineering Limited Competitors by Market Cap

The table below lists competitors of Pitti Engineering Limited ranked by their market capitalization.

Company Market Cap
CPH Chemie und Papier Holding
SW:CPHN
 $396.88 Million
Timbercreek Financial Corp
TO:TF
 $396.89 Million
Beijing Jiaoda Signal Technology
SHE:300851
 $396.90 Million
HeidelbergCement India Limited
NSE:HEIDELBERG
 $397.04 Million
PGIM Short Duration High Yield Opportunities Fund
NYSE:SDHY
 $396.74 Million
SUNAC SERVIC.HLDGS HD-01
F:65D
 $396.69 Million
Shivalik Bimetal Controls Limited
NSE:SBCL
 $396.61 Million
Alvarium Tiedemann Holdings Inc.
NASDAQ:ALTI
 $396.54 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Pitti Engineering Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 4,162,240,000 to 8,986,550,000, a change of 4,824,310,000 (115.9%).
  • Net income of 1,222,863,000 contributed positively to equity growth.
  • Dividend payments of 52,917,000 reduced retained earnings.
  • Share repurchases of 399,814,000 reduced equity.
  • New share issuances of 3,468,589,000 increased equity.
  • Other comprehensive income increased equity by 1,192,963,000.
  • Other factors decreased equity by 607,374,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Rs1.22 Billion +13.61%
Dividends Paid Rs52.92 Million -0.59%
Share Repurchases Rs399.81 Million -4.45%
Share Issuances Rs3.47 Billion +38.6%
Other Comprehensive Income Rs1.19 Billion +13.27%
Other Changes Rs-607.37 Million -6.76%
Total Change Rs- 115.91%

Book Value vs Market Value Analysis

This analysis compares Pitti Engineering Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 4.01x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 52.47x to 4.01x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-03-31 Rs18.73 Rs982.90 x
2007-03-31 Rs26.97 Rs982.90 x
2008-03-31 Rs28.80 Rs982.90 x
2009-03-31 Rs31.45 Rs982.90 x
2010-03-31 Rs31.62 Rs982.90 x
2011-03-31 Rs35.53 Rs982.90 x
2012-03-31 Rs42.92 Rs982.90 x
2013-03-31 Rs40.37 Rs982.90 x
2014-03-31 Rs41.35 Rs982.90 x
2015-03-31 Rs43.45 Rs982.90 x
2016-03-31 Rs39.64 Rs982.90 x
2017-03-31 Rs41.97 Rs982.90 x
2018-03-31 Rs56.54 Rs982.90 x
2019-03-31 Rs58.99 Rs982.90 x
2020-03-31 Rs65.88 Rs982.90 x
2021-03-31 Rs73.57 Rs982.90 x
2022-03-31 Rs88.59 Rs982.90 x
2023-03-31 Rs104.22 Rs982.90 x
2024-03-31 Rs129.87 Rs982.90 x
2025-03-31 Rs244.86 Rs982.90 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pitti Engineering Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 13.61%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.17%
  • • Asset Turnover: 0.85x
  • • Equity Multiplier: 2.23x
  • Recent ROE (13.61%) is above the historical average (11.50%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 21.91% 7.80% 1.10x 2.56x Rs35.83 Million
2007 20.63% 6.88% 1.23x 2.43x Rs52.30 Million
2008 12.07% 3.89% 1.02x 3.04x Rs11.27 Million
2009 10.30% 2.37% 1.24x 3.52x Rs1.80 Million
2010 0.49% 0.20% 0.70x 3.44x Rs-56.79 Million
2011 12.65% 3.37% 1.01x 3.72x Rs17.77 Million
2012 22.27% 5.55% 1.13x 3.55x Rs123.54 Million
2013 9.04% 3.20% 0.95x 2.96x Rs-10.47 Million
2014 3.77% 1.70% 0.80x 2.77x Rs-69.52 Million
2015 7.95% 2.73% 0.93x 3.14x Rs-24.00 Million
2016 -8.94% -3.07% 0.86x 3.38x Rs-202.53 Million
2017 5.55% 2.20% 0.68x 3.73x Rs-50.40 Million
2018 7.30% 2.99% 0.69x 3.55x Rs-41.77 Million
2019 13.48% 3.86% 1.05x 3.32x Rs61.23 Million
2020 8.23% 3.30% 0.87x 2.87x Rs-36.85 Million
2021 12.20% 5.63% 0.73x 2.97x Rs51.77 Million
2022 18.27% 5.46% 0.99x 3.37x Rs234.78 Million
2023 17.61% 5.35% 1.12x 2.93x Rs254.31 Million
2024 21.67% 7.51% 0.90x 3.20x Rs485.69 Million
2025 13.61% 7.17% 0.85x 2.23x Rs324.21 Million

Industry Comparison

This section compares Pitti Engineering Limited's net assets metrics with peer companies in the Metal Fabrication industry.

Industry Context

  • Industry: Metal Fabrication
  • Average net assets among peers: $2,137,223,809
  • Average return on equity (ROE) among peers: 14.71%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Pitti Engineering Limited (PITTIENG) Rs9.40 Billion 21.91% 1.28x $396.84 Million
Aeroflex Industries Limited (AEROFLEX) $2.93 Billion 14.24% 0.28x $628.76 Million
Alicon Castalloy Limited (ALICON) $3.15 Billion 5.41% 1.86x $131.96 Million
BELL AGROMACHINA ORD T (BSE) (BALUFORGE) $1.59 Billion 18.81% 0.79x $722.11 Million
DCM Limited (DCM) $2.27 Billion 7.85% 1.66x $16.59 Million
DEE Development Eng Ltd (DEEDEV) $4.12 Billion 1.99% 1.05x $351.49 Million
D P Wires Limited (DPWIRES) $206.54 Million 8.10% 1.43x $30.63 Million
Gandhi Special Tubes Limited (GANDHITUBE) $1.19 Billion 22.05% 0.09x $114.99 Million
Ganga Forging Limited (GANGAFORGE) $39.30 Million 12.34% 2.85x $3.80 Million
Gravita India Limited (GRAVITA) $293.12 Million 42.04% 1.37x $1.39 Billion
Happy Forgings Limited (HAPPYFORGE) $5.58 Billion 14.31% 0.37x $1.47 Billion

About Pitti Engineering Limited

NSE:PITTIENG India Metal Fabrication
Market Cap
$396.84 Million
Rs36.69 Billion INR
Market Cap Rank
#13760 Global
#663 in India
Share Price
Rs982.90
Change (1 day)
-1.46%
52-Week Range
Rs685.05 - Rs1034.80
All Time High
Rs1459.50
Categories
Companies in India Metal Fabrication
About

Pitti Engineering Limited manufactures and sells iron and steel engineering products in India and internationally. The company manufactures electrical steel laminations, stator and motor cores, sub-assemblies for motor and generator cores, pole assemblies, die-cast rotors, high precision press tools, and machined casted and fabricated parts and forged shafts. Its products are used in hydro and th… Read more