ICICI Securities Ltd | Retail Equity Research Pitti Laminations (Pitti) reported a steady Q4FY17 performance, with sales at | 84.2 crore, up 9.5% YoY. EBITDA came in at | 7.4 crore with corresponding EBITDA margins at 8.8% and PAT at | 1.6 crore Drop in EBITDA margins sequentially (down 300 bps QoQ) came in as a negative surprise resulting in muted numbers at the PAT level For full year FY17, sales were at | 285.9 crore (down 8.2% YoY), EBITDA at | 32.8 crore (margins at 11.5%) and PAT at | 6.3 crore...