Pitti EngineeringNSE:PITTIENG -1.97%90 Gross Margin % is 38.97% as of Mar. 2026, which is 21% above its 10-year median of 32.31. GuruFocus rates NSE:PITTIENG with a GF Score™ of 90/100 and a GF Value™ of ₹1,131.65 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 2,996 Industrial Products companies, Pitti Engineering ranks better than 77.57% on this metric.
The historical rank and industry rank for Pitti Engineering's Gross Margin % or its related term are showing as below:
NSE:PITTIENG'
s Gross Margin % Range Over the Past 10 Years
Min: 26.78 Med: 32.31 Max: 40.36
Current: 39.37
During the past 13 years, the highestGross Margin % of Pitti Engineering was 40.36%. The lowest was 26.78%. And the median was 32.31%.
NSE:PITTIENG's Gross Margin % is ranked better than 77.57% of 2996
companies
in the Industrial Products industry
Industry Median: 26.8
vs NSE:PITTIENG: 39.37
Pitti Engineering had a gross margin of 38.97% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Pitti Engineering was 7.30% per year.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Pitti Engineering had a gross margin of 38.97% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Pitti Engineering Gross Margin % Related Terms
Pitti Engineering Gross Margin % Historical Data
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The historical data trend for Pitti Engineering's Gross Margin % 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.
NSE:PITTIENG vs CRS, ATI, MLI: Gross Margin % Comparison
For the Metal Fabrication subindustry, Pitti Engineering's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Pitti Engineering's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Pitti Engineering's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Pitti Engineering (NSE:PITTIENG) has a Gross Margin % of 38.97% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Pitti Engineering and its competitors. This is 21% above median its historical median of 32.31. Over the past decade, Pitti Engineering's Gross Margin % has ranged from 26.78 to 40.36. According to the industry distribution chart, Pitti Engineering ranks #672 out of 2996 companies in the Industrial Products industry, placing it in the top 22.4%.
Is Pitti Engineering's Gross Margin % too high?
Pitti Engineering's current Gross Margin % of 38.97% is 21% above median its 10-year median of 32.31. Over the past 10 years, this metric has ranged from a low of 26.78 to a high of 40.36. The Industrial Products industry median Gross Margin % is 26.80. Pitti Engineering's value of 38.97% is 45.4% above this industry median. Based on the distribution chart, Pitti Engineering ranks #672 out of 2996 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Pitti Engineering has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pitti Engineering's Gross Margin % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Pitti Engineering ranks #672 out of 2996 companies for Gross Margin %. This places Pitti Engineering in the top 22% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.80. Pitti Engineering's value of 38.97% is 45.4% above this benchmark. Historically, Pitti Engineering's own Gross Margin % has ranged from 26.78 to 40.36 over the past decade. While the company's 10-year median is 32.31 vs. the industry median of 26.80, Pitti Engineering has consistently been above 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 Gross Margin % for an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.80, based on 2,996 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pitti Engineering's current Gross Margin % of 38.97% is 45.4% above 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Pitti Engineering and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pitti Engineering's current Gross Margin % is 38.97%, which is 21% above median its own 10-year median of 32.31. 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 ₹1,131.65, compared to a current price of ₹953.35 — trading 15.8% below its estimated fair value. The current Gross Margin % is 38.97%, which is 21% above median its 10-year median of 32.31 and 45.4% above the Industrial Products industry median of 26.80. Pitti Engineering's overall GF Score™ is 90/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Pitti Engineering (NSE:PITTIENG), the current Gross Margin % is 38.97% 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 ₹953.35 is trading 15.8% below its estimated GF Value™ of ₹1,131.65.
GuruFocus considers Pitti Engineering to be Modestly Undervalued.
Key valuation signals for NSE:PITTIENG:
Gross Margin %: 38.97% (21% above median its 10-year median of 32.31)
GF Value™: ₹1,131.65 vs. price of ₹953.35 (15.8% below fair value)
Industry Position: 45.4% above the Industrial Products median (#672 of 2996)
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 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.
90GF Score
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