Pitti Engineering Share Price Target 2027: Can It Reach Rs 1,233? Base Case at Rs 1,017
- November 5, 2026
- Posted by: Ankit Jaiswal
- Category: Market
Pitti Engineering share price Rs 936.85 (5 November 2026). Base target Rs 1,017, bull Rs 1,233, downside risk Rs 739. PE 27.94. 52W range Rs 675.00 to Rs 1,228.00.
Quick Answer
The Pitti Engineering share price target for 2027 is Rs 1,017, about 8.6% above the current price of Rs 936.85. The bull case is Rs 1,233, and the downside risk level, which is not a target, is Rs 739. The base case assumes earnings per share grow 10.1% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 27.94. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a Pitti Engineering target price for 2027 should start with where the stock sits today. At Rs 936.85 on 5 November 2026, it is 23.7% below its 52-week high of Rs 1,228.00 and 38.8% above its 52-week low of Rs 675.00. That range spans 82% from low to high, so the entry point matters as much as the Pitti Engineering price forecast itself.
This article builds the Pitti Engineering share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario states its assumptions, so you can trace how the base case, the bull case and the downside risk level were reached and test them against your own view.
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Pitti Engineering Stock Analysis: Company Overview and Key Stats
Pitti Engineering (NSE: PITTIENG) has a market capitalisation of Rs 3,478 crore. In FY26 it reported revenue of Rs 1,953 crore and net profit of Rs 117.81 crore. The table collects the figures the Pitti Engineering share price target is built on.
| Metric | Value |
|---|---|
| Company | Pitti Engineering |
| NSE Ticker | PITTIENG |
| CMP (5 November 2026) | Rs 936.85 |
| 52-Week High | Rs 1,228.00 |
| 52-Week Low | Rs 675.00 |
| Market Cap | Rs 3,478 crore |
| PE Ratio (TTM) | 27.94 |
| Industry PE | 42.72 |
| Price to Book | 3.52 |
| Return on Equity | 11.94% |
| Debt to Equity | 0.82 |
| EPS (TTM) | Rs 33.05 |
| Dividend Yield | 0.27% |
| 12-Month Base Target | Rs 1,017 |
| Bull Case | Rs 1,233 |
| Downside Risk Level (not a target) | Rs 739 |
Why Is Pitti Engineering Share Price Target Set at Rs 1,017 for 2027?
The arithmetic is short. Trailing EPS of Rs 33.05 grown for one year gives a forward EPS estimate of Rs 36.39, and multiplying it by the unchanged PE of 27.94 gives the Rs 1,017 base-case Pitti Engineering stock target. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the Pitti Engineering Target Price: Five Years of Results
Pitti Engineering grew revenue from Rs 970.25 crore in FY22 to Rs 1,953 crore in FY26, a compound annual growth rate of 19.1%. Net profit grew faster, from Rs 51.87 crore to Rs 117.81 crore (22.8% a year), which shows margin gains did part of the work and not just higher sales.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY22 | 970.25 | 51.87 | 16.18 | 2.02 |
| FY23 | 1,118.00 | 58.83 | 18.36 | 2.70 |
| FY24 | 1,292.66 | 89.70 | 26.20 | 1.50 |
| FY25 | 1,743.36 | 122.29 | 33.32 | 1.50 |
| FY26 | 1,952.91 | 117.81 | 31.77 | 2.50 |
FY26 revenue growth was 12.0%, slower than the four-year average of 19.1%, and net profit moved down 3.7%. EPS rose from Rs 26.20 in FY24 to Rs 31.77 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
Pitti Engineering converted 6.0% of FY26 revenue into net profit, against 7.0% in FY25, within a five-year range of 5.3% to 7.0%. EBITDA margin was 18.2% in FY26 versus 17.8% in FY25.
In the June 2026 quarter, revenue was Rs 529.94 crore, up 14.2% from the same quarter a year earlier, while net profit of Rs 29.50 crore was up 28.9%. EBITDA came in at Rs 87.23 crore, up 5.4% year on year. The next quarterly result is the first test of whether the earnings assumption holds.
Balance Sheet and Cash Flow
Debt to equity stands at 0.82, and shareholders’ equity grew from Rs 283.92 crore in FY22 to Rs 986.90 crore in FY26. Operating cash flow in FY26 was Rs 204.91 crore against capital expenditure of Rs 204.78 crore, leaving free cash flow of Rs 0.13 crore, or 0.0% of the current market capitalisation. In FY25 free cash flow was negative at Rs 65.90 crore, so cash generation has not been steady year to year.
Valuation Check for the Pitti Engineering Stock Target: PE, Price to Book and ROE
At a PE of 27.94 against an industry PE of 42.72, Pitti Engineering trades at a discount to its industry. Price to book is 3.52 on a book value of Rs 262.10 per share, and return on equity is 11.94%. A PE of 27.94 equals an earnings yield of 3.6%, and the FY26 dividend of Rs 2.50 per share gives a yield of 0.27%.
Shareholding Pattern and Institutional Holding
Promoters held 54.18% of Pitti Engineering in September 2026, and promoter holding has stayed near 54.18% since September 2025. Foreign institutional investors (FII) held 1.78% and domestic institutions (DII) held 19.05%, which puts total institutional holding at 20.83%. FII holding rose from 0.87% in September 2025 to 1.78% in September 2026. Public shareholders own the remaining 24.99%. A meaningful institutional holding adds a layer of research coverage and trading depth.
Pitti Engineering Share Price Targets for the Short Term and 12 Months
Short Term Pitti Engineering Stock Target Levels: Technical Setup
At Rs 936.85 on 5 November 2026, Pitti Engineering trades below its 50-day simple moving average of Rs 1,056.88 and below its 200-day exponential moving average of Rs 977.02. The 14-day RSI reads 38.7, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 977.02 (200-day exponential moving average) and the nearest support is Rs 675.00 (52-week low). A sustained move above Rs 977.02 would improve the short-term setup, while a close below Rs 675.00 would shift attention to the next support.
12 Month Pitti Engineering Target Price for 2027
The 12-month target of Rs 1,017 means a move of 8.6% up from Rs 936.85 over the next 12 months. It would still leave the stock 17.2% below its 52-week high of Rs 1,228.00. Anyone checking the Pitti Engineering share price target against their own view should focus on two inputs: the EPS estimate and the PE multiple.
How EPS Growth and PE Multiple Change the Pitti Engineering Target Price
| EPS Growth | PE 22.35 | PE 27.94 | PE 32.13 |
|---|---|---|---|
| 0.0% (EPS Rs 33.05) | Rs 739 | Rs 923 | Rs 1,062 |
| 10.1% (EPS Rs 36.39) | Rs 813 | Rs 1,017 | Rs 1,169 |
| 16.1% (EPS Rs 38.38) | Rs 858 | Rs 1,072 | Rs 1,233 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Pitti Engineering price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for Pitti Engineering Stock Target in 2027
Bull Case Rs 1,233
The bull case Pitti Engineering price target needs EPS growth of 16.1%, which lifts forward EPS to Rs 38.38, and a PE multiple that rises 15% to 32.13. That gives Rs 1,233, 31.6% above the current price and above the 52-week high of Rs 1,228.00, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 739
The downside risk level is not a target. It assumes EPS stays flat at Rs 33.05 and the PE falls 20% to 22.35. That gives Rs 739, 21.1% below the current price and above the 52-week low of Rs 675.00.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 16.1% | 32.13 | Rs 1,233 | +31.6% |
| Base Case | 10.1% | 27.94 | Rs 1,017 | +8.6% |
| Downside Risk | 0.0% | 22.35 | Rs 739 | -21.1% |
Key Risks to the Pitti Engineering Target Price for 2027
Growth Slowdown Risk for the Pitti Engineering Price Target
Revenue in the June 2026 quarter was up 14.2% year on year, and FY26 revenue growth was 12.0%. If growth slows from here, the EPS estimate behind the Pitti Engineering stock target will need revising.
Liquidity and Size Risk
Pitti Engineering has a market capitalisation of Rs 3,478 crore. Institutional holding is 20.83%, and promoters hold 54.18%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.
Valuation and Margin Risk
Net margin was 6.0% in FY26, so a small slip in costs moves profit noticeably. At a PE of 27.94 versus an industry PE of 42.72, a de-rating toward the downside-risk PE of 22.35 would cut the price even if earnings hold.
Market and Technical Risk
Technical indicators add short-term risk: the 14-day RSI is 38.7 and the MACD sits above its signal line. A broad fall in the Nifty 50 or the Sensex can override company fundamentals for weeks at a time.
How to Invest in Pitti Engineering
Start with the live price and volume. Any Pitti Engineering share price target is only as current as the data behind it, and the data here is as of 5 November 2026, so refresh the Rs 936.85 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check Pitti Engineering’s PE, ROE, debt and shareholding in one place.
Check Pitti Engineering fundamentals on the Univest Screener
Then compare the three Pitti Engineering target price scenarios with your own view. If you expect EPS growth below 10.1%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track Pitti Engineering live price and get daily stock recommendations.
Conclusion
The Pitti Engineering share price target for 2027 is Rs 1,017 in the base case, with Rs 1,233 as the bull case. The support for that view is arithmetic you can check: EPS grew 10.1% a year over FY24 to FY26, and the stock trades at a PE of 27.94. The risks are equally concrete, including a net margin of just 6.0% that leaves profit sensitive to costs and a downside scenario that cuts the price 21% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Pitti Engineering Share Price Target 2027
What is the Pitti Engineering share price target for 2027?
Ans. The base-case Pitti Engineering share price target for 2027 is Rs 1,017, which is 8.6% above the price of Rs 936.85 on 5 November 2026. The bull case is Rs 1,233 and the downside risk level, which is not a target, is Rs 739. All three come from one method: forward EPS multiplied by a PE multiple, using only reported results. They are model estimates and not guaranteed outcomes, and the next quarterly result is the first check on the EPS assumption.
What is the Pitti Engineering share price today?
Ans. As of 5 November 2026, 11:30 AM IST, Pitti Engineering (NSE: PITTIENG) trades at Rs 936.85, up 1.18% on the day. That is 23.7% below the 52-week high of Rs 1,228.00 and 38.8% above the 52-week low of Rs 675.00. The market capitalisation of Rs 3,478 crore places it among small-cap stocks. Prices change through the trading session, so check the live quote before acting on any level in this article.
Is Pitti Engineering a buy or sell at the current price?
Ans. The data points both ways. On the positive side, EPS has grown 10.1% a year over FY24 to FY26 and the base case implies 8.6% upside; on the cautious side, the net margin is a thin 6.0%, and the downside risk level of Rs 739 is 21% below the current price. Whether Pitti Engineering fits your portfolio depends on your time horizon, position size and risk appetite. Consult a SEBI-registered advisor before investing, as this article is not investment advice.
What are the bull case target and downside risk level for Pitti Engineering shares?
Ans. The bull case in the Pitti Engineering share price target for 2027 is Rs 1,233, which assumes 16.1% EPS growth and a PE of 32.13, a 15% re-rating from today’s multiple. That is 31.6% above the current price and above the 52-week high of Rs 1,228.00, so the stock would have to set a fresh 52-week high. The downside risk level is Rs 739, which assumes flat EPS and a PE of 22.35, 20% lower than today. It sits 21.1% below the current price and above the 52-week low of Rs 675.00, and it marks a risk to watch, not a target.
What are the main risks to the Pitti Engineering price target?
Ans. Four risks matter most for the Pitti Engineering share price target: slower revenue or profit growth, a PE de-rating, thin liquidity or size risk, and weakness in the broader market. With a market capitalisation of Rs 3,478 crore, the stock can move sharply on small volumes, and exits can take longer than entries. A fall to the downside-risk PE of 22.35 would cut the price even if earnings hold.
What is the PE ratio of Pitti Engineering and how does it compare with the industry?
Ans. The PE ratio of Pitti Engineering is 27.94, against an industry PE of 42.72, which is a discount to the industry. Price to book is 3.52 and return on equity is 11.94%, and the PE equals an earnings yield of 3.6%. The base case holds the PE unchanged, so the Pitti Engineering share price target moves only with earnings, while the bull and downside scenarios change the multiple by +15% and -20%.
Who owns Pitti Engineering, and what is the promoter holding?
Ans. Promoters held 54.18% of Pitti Engineering in September 2026. FII held 1.78%, DII held 19.05% and the public held 24.99%. Together the two institutional groups hold 20.83%. Shareholding is filed every quarter, so it is worth rechecking after each result.
What were Pitti Engineering’s latest quarterly results?
Ans. In the June 2026 quarter, Pitti Engineering reported revenue of Rs 529.94 crore (up 14.2% year on year) and net profit of Rs 29.50 crore (up 28.9%). For comparison, FY26 full-year revenue growth was 12.0% and net profit moved down 3.7%. Each new quarter either supports or weakens the EPS growth of 10.1% assumed in the base case.
