Pitti Engineering (NSE:PITTIENG) Days Payable: 72.59 (As of Mar. 2026) — 30% Below Median


NSE:PITTIENG Pitti Engineering Ltd NSE:PITTIENG
91 GF Score
Price ₹974.30
GF Value ₹1,132.67
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Pitti Engineering Days Payable?

Pitti Engineering NSE:PITTIENG +0.87% 91 Days Payable is 72.59 as of Mar. 2026, which is 30% below its 10-year median of 104.41. GuruFocus rates NSE:PITTIENG with a GF Score™ of 91/100 and a GF Value™ of ₹1,132.67 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 2,987 Industrial Products companies, Pitti Engineering ranks better than 57.48% on this metric.

Pitti Engineering's average Accounts Payable for the three months ended in Mar. 2026 was ₹2,433 Mil. Pitti Engineering's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3,058 Mil. Hence, Pitti Engineering's Days Payable for the three months ended in Mar. 2026 was 72.59.

The historical rank and industry rank for Pitti Engineering's Days Payable or its related term are showing as below:

NSE:PITTIENG' s Days Payable Range Over the Past 10 Years
Min: 85.41   Med: 104.41   Max: 170.96
Current: 92.58

During the past 13 years, Pitti Engineering's highest Days Payable was 170.96. The lowest was 85.41. And the median was 104.41.

NSE:PITTIENG's Days Payable is ranked better than
57.48% of 2987 companies
in the Industrial Products industry
Industry Median: 78.05 vs NSE:PITTIENG: 92.58

Pitti Engineering's Days Payable declined from Mar. 2025 (107.36) to Mar. 2026 (72.59). It may suggest that Pitti Engineering accelerated paying its suppliers.


Pitti Engineering Days Payable Historical Data

* Premium members only.

The historical data trend for Pitti Engineering's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pitti Engineering Days Payable Chart

Pitti Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.41 107.57 108.74 102.34 90.37

Pitti Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 107.36 108.66 97.08 98.27 72.59

NSE:PITTIENG vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Pitti Engineering's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pitti Engineering Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pitti Engineering's Days Payable distribution charts can be found below:

* The bar in red indicates where Pitti Engineering's Days Payable falls into.


NSE:PITTIENG
91GF Score
Pitti Engineering Ltd NSE:PITTIENG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Pitti Engineering Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Pitti Engineering's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (3309.622 + 2432.703) / 2 ) / 11596.884*365
=2871.1625 / 11596.884*365
=90.37

Pitti Engineering's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 2432.703) / 1 ) / 3058.232*365 / 4
=2432.703 / 3058.232*365 / 4
=72.59

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 72.59 mean?
Pitti Engineering (NSE:PITTIENG) has a Days Payable of 72.59 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pitti Engineering and its competitors. This is 30% below median its historical median of 104.41. Over the past decade, Pitti Engineering's Days Payable has ranged from 85.41 to 170.96. According to the industry distribution chart, Pitti Engineering ranks #1270 out of 2987 companies in the Industrial Products industry, placing it in the top 42.5%.
Is Pitti Engineering's Days Payable too high?
Pitti Engineering's current Days Payable of 72.59 is 30% below median its 10-year median of 104.41. Over the past 10 years, this metric has ranged from a low of 85.41 to a high of 170.96. The Industrial Products industry median Days Payable is 78.05. Pitti Engineering's value of 72.59 is 7% below this industry median. Based on the distribution chart, Pitti Engineering ranks #1270 out of 2987 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Pitti Engineering has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pitti Engineering's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Pitti Engineering ranks #1270 out of 2987 companies for Days Payable. This puts Pitti Engineering in the upper half of its industry. The industry median Days Payable is 78.05. Pitti Engineering's value of 72.59 is 7% below this benchmark. Historically, Pitti Engineering's own Days Payable has ranged from 85.41 to 170.96 over the past decade. While the company's 10-year median is 104.41 vs. the industry median of 78.05, Pitti Engineering has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,987 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pitti Engineering's current Days Payable of 72.59 is 7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pitti Engineering and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pitti Engineering's current Days Payable is 72.59, which is 30% below median its own 10-year median of 104.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pitti Engineering stock overvalued right now?
Based on GuruFocus' analysis, Pitti Engineering (NSE:PITTIENG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,132.67, compared to a current price of ₹974.30 — trading 14% below its estimated fair value. The current Days Payable is 72.59, which is 30% below median its 10-year median of 104.41 and 7% below the Industrial Products industry median of 78.05. Pitti Engineering's overall GF Score™ is 91/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Pitti Engineering (NSE:PITTIENG), the current Days Payable is 72.59 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pitti Engineering (NSE:PITTIENG) Overvalued in 2026?

Based on GuruFocus' analysis, Pitti Engineering stock appears to be undervalued. The current stock price of ₹974.30 is trading 14% below its estimated GF Value™ of ₹1,132.67. GuruFocus considers Pitti Engineering to be Modestly Undervalued.

Key valuation signals for NSE:PITTIENG:

  • Days Payable: 72.59 (30% below median its 10-year median of 104.41)
  • GF Value™: ₹1,132.67 vs. price of ₹974.30 (14% below fair value)
  • GF Score™: 91/100 with 8 warning signs
  • Industry Position: 7% below the Industrial Products median (#1270 of 2987)

No single metric tells the full story. See the NSE:PITTIENG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pitti Engineering Business Description

Other Exchanges 513519:India
Address Padmaja Landmark, 6-3-648/401, 4th Floor, Somajiguda, Hyderabad, TG, IND, 500082
Pitti Engineering Ltd is engaged in the manufacturing of engineering products of iron and steel including castings, electrical steel laminations stator & rotor core assemblies sub-assemblies pole assemblies die-cast rotors press tools and high precision machining of various metal components. The company's products have applications in industrial motors, alternators, hydroelectric and thermal power generators, wind power generators, DC machines, railway traction motors, pumps, medical diagnostic equipment, and aeronautic wing control motors. It sells its products both in domestic and international markets and generates maximum revenue from India.
91GF Score

Get the complete analysis for NSE:PITTIENG

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹974.30
Price
₹1,132.67
GF Value