Bull Run Alert: Small Cap Stock Soars Near Record High After Declaring 30% Dividend For FY25; More Fire Left?

Pitti Engineering Limited is a manufacturing company based in India that specializes in die-cast rotors, press tools, motor cores, sub-assemblies, and electrical steel laminations. It is a significant exporter and one of India's largest manufacturers of laminations. The corporation provides services to a number of industries, such as aerospace, railways, and power generation. Pitti Rail and Engineering Components and Pitti Castings are two of Pitti Engineering's subsidiaries. With a market valuation of Rs 3,808.10 Cr, Pitti Engineering's shares closed Tuesday 1.28% higher at Rs 1011.35 a share. Following the Board's announcement of the FY25 dividend and Q4 results, the stock is trading close to its 52-week high of Rs 1,511.45.

Pitti Engineering Dividend

The Board of Directors of the company at its meeting held on 21st April 2025 has inter-alia "Recommended a dividend of ₹ 1.50/- (30%) per equity share of face value 5/- each for the financial year ended 31st March 2025 subject to approval of Members of the Company at the ensuing 41st Annual General Meeting (AGM). The Company will inform in due course the date on which the Company will hold the 41st AGM and the date from which dividend will be paid or warrants thereof will be dispatched to the Members," said Pitti Engineering in a stock exchange filing.

Pitti Engineering Q4 Results

The company's total income jumped by 12.19% to Rs 472.30 crore in Q4 FY25 compared to Q3 FY25, whereas there was a 25.66% increase in consolidated net profit to Rs 36.14 crore. Although the company's total income increased by 28.54% in Q4 FY25 compared to Q4 FY24, its net profit decreased by 21.43% on an annual basis. In Q4 of FY25, EBITDA was Rs 80.07 crore, up 54.28% from Q4 of FY24 when it was Rs 51.90 crore. In Q4 of FY25, profit before tax (PBT) was Rs 42.19 crore, a 21.49% decrease from the Rs 53.74 crore achieved in the same period last year. In the fourth quarter of FY25, overall expenses increased 37.11% YoY to Rs 430.11 crore. The company's net profit increased 36.33% to Rs 122.29 crore over the course of the whole year, while total income increased 34.87% to Rs 1,743.36 crore in FY25 compared to FY24.

Pitti Engineering Share Price Target

"Pitti Engineering is trading near its all-time highs and remains in a strong uptrend. A sustained close above ₹1040 can lead to further upside toward ₹1100-₹1125 in the near term. Momentum indicators like RSI remain in bullish territory, suggesting continued strength. On the downside, support is seen around ₹980, which should be watched closely for trend confirmation. The overall trend remains positive," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

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