PI Industries Ltd (PIIND): Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 7, 2025, 11:05 am

Market Cap	49,021 Cr.
Current Price	3,231
High / Low	4,804/2,951
Stock P/E	28.8
Book Value	629
Dividend Yield	0.48 %
ROCE	24.0 %
ROE	21.1 %
Face Value	1.00
PEG Ratio	1.59

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for PI Industries Ltd (PIIND)

Competitors of PI Industries Ltd (PIIND)

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Epigral Ltd	7,799 Cr.	1,808	2,408/940	22.5	324	0.28 %	17.5 %	16.9 %	10.0
Dharmaj Crop Guard Ltd	663 Cr.	197	390/165	19.6	117	0.00 %	14.5 %	13.2 %	10.0
Bhaskar Agrochemicals Ltd	39.6 Cr.	76.0	122/46.1	17.5	29.2	0.00 %	14.7 %	13.4 %	10.0
Bhagiradha Chemicals & Industries Ltd	3,872 Cr.	297	448/151	128	51.0	0.03 %	8.71 %	5.55 %	1.00
Best Agrolife Ltd	695 Cr.	296	756/246	36.0	320	1.01 %	16.5 %	18.1 %	10.0
Industry Average	10,095.70 Cr	1,496.05		35.79	421.93	0.41%	13.25%	14.87%	7.25

All Competitor Stocks of PI Industries Ltd (PIIND)

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	1,356	1,395	1,543	1,770	1,613	1,566	1,910	2,117	1,898	1,741	2,069	2,221	1,901
Expenses	1,060	1,090	1,198	1,338	1,198	1,223	1,443	1,566	1,344	1,299	1,486	1,593	1,389
Operating Profit	296	305	346	432	415	343	468	551	554	442	583	628	512
OPM %	22%	22%	22%	24%	26%	22%	24%	26%	29%	25%	28%	28%	27%
Other Income	26	21	28	33	51	51	52	49	58	60	75	123	76
Interest	3	3	4	11	9	3	4	8	7	11	8	8	8
Depreciation	50	54	56	56	57	58	70	80	78	80	83	80	99
Profit before tax	269	269	314	398	400	332	445	512	526	411	566	663	481
Tax %	17%	24%	16%	16%	12%	16%	14%	6%	15%	10%	21%	23%	22%
Net Profit	223	204	262	335	352	281	383	480	449	370	449	508	373
EPS in Rs	14.67	13.47	17.30	22.07	23.19	18.49	25.24	31.67	29.57	24.35	29.58	33.50	24.57

Last Updated: February 28, 2025, 5:53 pm

Below is a detailed analysis of the quarterly data for PI Industries Ltd (PIIND) based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹1,901.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,221.00 Cr. (Sep 2024) to ₹1,901.00 Cr., marking a decrease of 320.00 Cr..
For Expenses, as of Dec 2024, the value is ₹1,389.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1,593.00 Cr. (Sep 2024) to ₹1,389.00 Cr., marking a decrease of 204.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹512.00 Cr.. The value appears to be declining and may need further review. It has decreased from 628.00 Cr. (Sep 2024) to ₹512.00 Cr., marking a decrease of 116.00 Cr..
For OPM %, as of Dec 2024, the value is 27.00%. The value appears to be declining and may need further review. It has decreased from 28.00% (Sep 2024) to 27.00%, marking a decrease of 1.00%.
For Other Income, as of Dec 2024, the value is ₹76.00 Cr.. The value appears to be declining and may need further review. It has decreased from 123.00 Cr. (Sep 2024) to ₹76.00 Cr., marking a decrease of 47.00 Cr..
For Interest, as of Dec 2024, the value is ₹8.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 8.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹99.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 80.00 Cr. (Sep 2024) to ₹99.00 Cr., marking an increase of ₹19.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹481.00 Cr.. The value appears to be declining and may need further review. It has decreased from 663.00 Cr. (Sep 2024) to ₹481.00 Cr., marking a decrease of 182.00 Cr..
For Tax %, as of Dec 2024, the value is 22.00%. The value appears to be improving (decreasing) as expected. It has decreased from 23.00% (Sep 2024) to 22.00%, marking a decrease of 1.00%.
For Net Profit, as of Dec 2024, the value is ₹373.00 Cr.. The value appears to be declining and may need further review. It has decreased from 508.00 Cr. (Sep 2024) to ₹373.00 Cr., marking a decrease of 135.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 24.57. The value appears to be declining and may need further review. It has decreased from ₹33.50 (Sep 2024) to 24.57, marking a decrease of ₹8.93.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 3:14 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	1,151	1,596	1,940	2,096	2,277	2,277	2,841	3,366	4,577	5,300	6,492	7,666	7,932
Expenses	969	1,300	1,558	1,661	1,722	1,781	2,261	2,647	3,559	4,154	4,948	5,636	5,766
Operating Profit	183	295	382	435	555	496	580	720	1,018	1,146	1,544	2,030	2,165
OPM %	16%	19%	20%	21%	24%	22%	20%	21%	22%	22%	24%	26%	27%
Other Income	8	11	35	34	36	60	58	50	129	105	166	216	334
Interest	24	14	12	12	9	7	7	19	34	16	39	44	36
Depreciation	22	32	50	54	73	83	93	137	175	202	226	308	342
Profit before tax	145	261	355	403	510	466	538	614	938	1,033	1,444	1,895	2,121
Tax %	33%	28%	31%	23%	10%	21%	24%	26%	21%	18%	15%	11%
Net Profit	97	188	246	312	459	368	410	457	738	844	1,230	1,682	1,699
EPS in Rs	7.18	13.81	18.00	22.72	33.39	26.66	29.72	33.06	48.66	55.62	81.04	110.83	112.00
Dividend Payout %	14%	14%	14%	14%	12%	15%	13%	12%	10%	11%	12%	14%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	93.81%	30.85%	26.83%	47.12%	-19.83%	11.41%	11.46%	61.49%	14.36%	45.73%	36.75%
Change in YoY Net Profit Growth (%)	0.00%	-62.96%	-4.02%	20.29%	-66.94%	31.24%	0.05%	50.02%	-47.12%	31.37%	-8.99%

PI Industries Ltd (PIIND) has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	17%
5 Years:	22%
3 Years:	19%
TTM:	6%

Compounded Profit Growth
10 Years:	24%
5 Years:	33%
3 Years:	32%
TTM:	7%

Stock Price CAGR
10 Years:	18%
5 Years:	20%
3 Years:	9%
1 Year:	-8%

Return on Equity
10 Years:	20%
5 Years:	18%
3 Years:	18%
Last Year:	21%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:53 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	14	14	14	14	14	14	14	14	15	15	15	15	15
Reserves	518	681	883	1,157	1,613	1,911	2,272	2,605	5,327	6,105	7,183	8,716	9,530
Borrowings	217	122	115	151	120	83	49	519	373	316	46	191	174
Other Liabilities	386	501	622	626	554	618	820	1,087	1,287	1,354	1,235	1,822	2,275
Total Liabilities	1,135	1,318	1,633	1,949	2,301	2,626	3,155	4,225	7,002	7,791	8,480	10,744	11,995
Fixed Assets	478	527	533	874	945	998	1,186	1,858	2,138	2,452	2,606	3,528	3,988
CWIP	61	42	133	71	77	90	183	271	288	114	132	278	471
Investments	1	1	1	0	83	161	129	150	872	900	1,016	1,336	1,233
Other Assets	596	748	967	1,003	1,196	1,378	1,657	1,946	3,704	4,325	4,726	5,601	6,303
Total Assets	1,135	1,318	1,633	1,949	2,301	2,626	3,155	4,225	7,002	7,791	8,480	10,744	11,995

Below is a detailed analysis of the balance sheet data for PI Industries Ltd (PIIND) based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹15.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹15.00 Cr..
For Reserves, as of Sep 2024, the value is ₹9,530.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹8,716.00 Cr. (Mar 2024) to ₹9,530.00 Cr., marking an increase of 814.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹174.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹191.00 Cr. (Mar 2024) to ₹174.00 Cr., marking a decrease of 17.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹2,275.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹1,822.00 Cr. (Mar 2024) to ₹2,275.00 Cr., marking an increase of 453.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹11,995.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹10,744.00 Cr. (Mar 2024) to ₹11,995.00 Cr., marking an increase of 1,251.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹3,988.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹3,528.00 Cr. (Mar 2024) to ₹3,988.00 Cr., marking an increase of 460.00 Cr..
For CWIP, as of Sep 2024, the value is ₹471.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹278.00 Cr. (Mar 2024) to ₹471.00 Cr., marking an increase of 193.00 Cr..
For Investments, as of Sep 2024, the value is ₹1,233.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹1,336.00 Cr. (Mar 2024) to ₹1,233.00 Cr., marking a decrease of 103.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹6,303.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹5,601.00 Cr. (Mar 2024) to ₹6,303.00 Cr., marking an increase of 702.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹11,995.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹10,744.00 Cr. (Mar 2024) to ₹11,995.00 Cr., marking an increase of 1,251.00 Cr..

Notably, the Reserves (₹9,530.00 Cr.) exceed the Borrowings (174.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	102	219	184	367	339	319	391	698	725	529	1,501	2,036
Cash from Investing Activity +	-145	-50	-146	-303	-235	-180	-322	-985	-2,430	-110	-496	-1,800
Cash from Financing Activity +	45	-145	-53	-48	-53	-106	-125	350	1,690	-177	-483	-222
Net Cash Flow	3	24	-15	16	50	33	-56	63	-15	241	522	14

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-34.00	173.00	267.00	284.00	435.00	413.00	531.00	201.00	-372.00	-315.00	-45.00	-189.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	83	59	72	69	68	84	85	70	56	60	43	44
Inventory Days	131	126	124	124	136	141	126	158	149	178	144	124
Days Payable	130	116	116	115	90	115	121	117	113	115	86	109
Cash Conversion Cycle	84	70	80	78	113	110	90	111	93	122	101	59
Working Capital Days	69	50	55	54	72	89	87	81	79	101	71	53
ROCE %	26%	36%	41%	36%	34%	25%	25%	23%	22%	17%	22%	24%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	46.74%	46.74%	46.09%	46.09%	46.08%	46.08%	46.09%	46.09%	46.09%	46.09%	46.09%	46.09%
FIIs	16.44%	15.97%	16.72%	18.60%	18.59%	19.17%	20.01%	20.41%	20.26%	18.76%	19.02%	18.46%
DIIs	25.33%	25.85%	26.00%	24.24%	24.06%	23.80%	23.11%	23.00%	24.18%	25.84%	26.21%	27.07%
Government	0.00%	0.00%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%
Public	11.45%	11.39%	11.01%	10.90%	11.10%	10.77%	10.61%	10.34%	9.29%	9.14%	8.54%	8.23%
Others	0.04%	0.04%	0.03%	0.03%	0.03%	0.03%	0.02%	0.02%	0.02%	0.01%	0.01%	0.01%
No. of Shareholders	1,51,138	1,48,043	1,40,720	1,42,550	1,48,037	1,41,092	1,58,268	1,84,515	1,57,991	1,56,790	1,50,190	1,57,993

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Axis ELSS Tax Saver Fund	3,404,158	3.88	1283.67	893,111	2025-03-10	281.16%
Kotak Emerging Equity Fund - Regular Plan	2,160,000	2.23	814.51	893,111	2025-03-10	141.85%
Axis Midcap Fund	1,494,513	2.39	563.57	893,111	2025-03-10	67.34%
Axis Focused 25 Fund	1,412,225	3.75	532.54	893,111	2025-03-10	58.12%
Canara Robeco Emerging Equities	1,069,634	2.14	403.35	893,111	2025-03-10	19.76%
UTI Flexi Cap Fund	993,359	1.47	374.59	893,111	2025-03-10	11.22%
Mirae Asset Large Cap Fund	893,111	0.93	336.78	893,111	2025-03-10	0%
ICICI Prudential Balanced Advantage Fund	889,101	0.65	335.27	893,111	2025-03-10	-0.45%
Axis Growth Opportunities Fund	830,987	3.01	313.36	893,111	2025-03-10	-6.96%
SBI Blue Chip Fund	600,000	0.56	226.25	893,111	2025-03-10	-32.82%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	110.85	81.06	55.65	49.92	33.08
Diluted EPS (Rs.)	110.83	81.04	55.63	49.89	33.08
Cash EPS (Rs.)	130.21	95.34	68.55	59.78	42.93
Book Value[Excl.RevalReserv]/Share (Rs.)	574.41	473.59	402.66	351.47	189.79
Book Value[Incl.RevalReserv]/Share (Rs.)	574.41	473.59	402.66	351.47	189.79
Revenue From Operations / Share (Rs.)	504.33	427.11	348.65	301.12	243.95
PBDIT / Share (Rs.)	146.21	111.91	81.83	74.81	55.56
PBIT / Share (Rs.)	125.93	97.01	68.55	63.31	45.65
PBT / Share (Rs.)	123.96	94.57	67.71	61.45	44.42
Net Profit / Share (Rs.)	109.93	80.44	55.28	48.28	33.03
NP After MI And SOA / Share (Rs.)	110.63	80.89	55.51	48.57	33.09
PBDIT Margin (%)	28.99	26.20	23.47	24.84	22.77
PBIT Margin (%)	24.97	22.71	19.66	21.02	18.71
PBT Margin (%)	24.57	22.14	19.42	20.40	18.20
Net Profit Margin (%)	21.79	18.83	15.85	16.03	13.53
NP After MI And SOA Margin (%)	21.93	18.93	15.92	16.13	13.56
Return on Networth / Equity (%)	19.25	17.07	13.78	13.81	17.43
Return on Capital Employeed (%)	21.14	20.20	16.17	16.75	20.16
Return On Assets (%)	15.62	14.49	10.83	10.54	10.80
Long Term Debt / Equity (X)	0.01	0.00	0.02	0.04	0.15
Total Debt / Equity (X)	0.01	0.00	0.04	0.04	0.19
Asset Turnover Ratio (%)	0.79	0.77	0.69	0.77	0.91
Current Ratio (X)	3.90	4.79	3.68	3.57	1.83
Quick Ratio (X)	3.14	3.61	2.63	2.74	1.10
Inventory Turnover Ratio (X)	2.65	2.42	2.34	2.61	2.64
Dividend Payout Ratio (NP) (%)	10.37	9.24	8.98	8.20	13.60
Dividend Payout Ratio (CP) (%)	8.76	7.80	7.24	6.63	10.46
Earning Retention Ratio (%)	89.63	90.76	91.02	91.80	86.40
Cash Earning Retention Ratio (%)	91.24	92.20	92.76	93.37	89.54
Interest Coverage Ratio (X)	74.08	45.85	97.17	40.32	45.10
Interest Coverage Ratio (Post Tax) (X)	56.70	33.96	66.64	27.02	27.81
Enterprise Value (Cr.)	56230.52	43769.02	41737.56	32907.06	16513.29
EV / Net Operating Revenue (X)	7.34	6.74	7.88	7.19	4.91
EV / EBITDA (X)	25.30	25.73	33.56	28.94	21.54
MarketCap / Net Operating Revenue (X)	7.67	7.09	8.09	7.49	4.79
Retention Ratios (%)	89.62	90.75	91.01	91.79	86.39
Price / BV (X)	6.74	6.39	7.01	6.41	6.16
Price / Net Operating Revenue (X)	7.67	7.09	8.09	7.49	4.79
EarningsYield	0.02	0.02	0.01	0.02	0.02

After reviewing the key financial ratios for PI Industries Ltd (PIIND), here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
For Basic EPS (Rs.), as of Mar 24, the value is 110.85. This value is within the healthy range. It has increased from 81.06 (Mar 23) to 110.85, marking an increase of 29.79.
For Diluted EPS (Rs.), as of Mar 24, the value is 110.83. This value is within the healthy range. It has increased from 81.04 (Mar 23) to 110.83, marking an increase of 29.79.
For Cash EPS (Rs.), as of Mar 24, the value is 130.21. This value is within the healthy range. It has increased from 95.34 (Mar 23) to 130.21, marking an increase of 34.87.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 574.41. It has increased from 473.59 (Mar 23) to 574.41, marking an increase of 100.82.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 574.41. It has increased from 473.59 (Mar 23) to 574.41, marking an increase of 100.82.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 504.33. It has increased from 427.11 (Mar 23) to 504.33, marking an increase of 77.22.
For PBDIT / Share (Rs.), as of Mar 24, the value is 146.21. This value is within the healthy range. It has increased from 111.91 (Mar 23) to 146.21, marking an increase of 34.30.
For PBIT / Share (Rs.), as of Mar 24, the value is 125.93. This value is within the healthy range. It has increased from 97.01 (Mar 23) to 125.93, marking an increase of 28.92.
For PBT / Share (Rs.), as of Mar 24, the value is 123.96. This value is within the healthy range. It has increased from 94.57 (Mar 23) to 123.96, marking an increase of 29.39.
For Net Profit / Share (Rs.), as of Mar 24, the value is 109.93. This value is within the healthy range. It has increased from 80.44 (Mar 23) to 109.93, marking an increase of 29.49.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 110.63. This value is within the healthy range. It has increased from 80.89 (Mar 23) to 110.63, marking an increase of 29.74.
For PBDIT Margin (%), as of Mar 24, the value is 28.99. This value is within the healthy range. It has increased from 26.20 (Mar 23) to 28.99, marking an increase of 2.79.
For PBIT Margin (%), as of Mar 24, the value is 24.97. This value exceeds the healthy maximum of 20. It has increased from 22.71 (Mar 23) to 24.97, marking an increase of 2.26.
For PBT Margin (%), as of Mar 24, the value is 24.57. This value is within the healthy range. It has increased from 22.14 (Mar 23) to 24.57, marking an increase of 2.43.
For Net Profit Margin (%), as of Mar 24, the value is 21.79. This value exceeds the healthy maximum of 10. It has increased from 18.83 (Mar 23) to 21.79, marking an increase of 2.96.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 21.93. This value exceeds the healthy maximum of 20. It has increased from 18.93 (Mar 23) to 21.93, marking an increase of 3.00.
For Return on Networth / Equity (%), as of Mar 24, the value is 19.25. This value is within the healthy range. It has increased from 17.07 (Mar 23) to 19.25, marking an increase of 2.18.
For Return on Capital Employeed (%), as of Mar 24, the value is 21.14. This value is within the healthy range. It has increased from 20.20 (Mar 23) to 21.14, marking an increase of 0.94.
For Return On Assets (%), as of Mar 24, the value is 15.62. This value is within the healthy range. It has increased from 14.49 (Mar 23) to 15.62, marking an increase of 1.13.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.01. This value is below the healthy minimum of 0.2. It has increased from 0.00 (Mar 23) to 0.01, marking an increase of 0.01.
For Total Debt / Equity (X), as of Mar 24, the value is 0.01. This value is within the healthy range. It has increased from 0.00 (Mar 23) to 0.01, marking an increase of 0.01.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.79. It has increased from 0.77 (Mar 23) to 0.79, marking an increase of 0.02.
For Current Ratio (X), as of Mar 24, the value is 3.90. This value exceeds the healthy maximum of 3. It has decreased from 4.79 (Mar 23) to 3.90, marking a decrease of 0.89.
For Quick Ratio (X), as of Mar 24, the value is 3.14. This value exceeds the healthy maximum of 2. It has decreased from 3.61 (Mar 23) to 3.14, marking a decrease of 0.47.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 2.65. This value is below the healthy minimum of 4. It has increased from 2.42 (Mar 23) to 2.65, marking an increase of 0.23.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 10.37. This value is below the healthy minimum of 20. It has increased from 9.24 (Mar 23) to 10.37, marking an increase of 1.13.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 8.76. This value is below the healthy minimum of 20. It has increased from 7.80 (Mar 23) to 8.76, marking an increase of 0.96.
For Earning Retention Ratio (%), as of Mar 24, the value is 89.63. This value exceeds the healthy maximum of 70. It has decreased from 90.76 (Mar 23) to 89.63, marking a decrease of 1.13.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 91.24. This value exceeds the healthy maximum of 70. It has decreased from 92.20 (Mar 23) to 91.24, marking a decrease of 0.96.
For Interest Coverage Ratio (X), as of Mar 24, the value is 74.08. This value is within the healthy range. It has increased from 45.85 (Mar 23) to 74.08, marking an increase of 28.23.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 56.70. This value is within the healthy range. It has increased from 33.96 (Mar 23) to 56.70, marking an increase of 22.74.
For Enterprise Value (Cr.), as of Mar 24, the value is 56,230.52. It has increased from 43,769.02 (Mar 23) to 56,230.52, marking an increase of 12,461.50.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 7.34. This value exceeds the healthy maximum of 3. It has increased from 6.74 (Mar 23) to 7.34, marking an increase of 0.60.
For EV / EBITDA (X), as of Mar 24, the value is 25.30. This value exceeds the healthy maximum of 15. It has decreased from 25.73 (Mar 23) to 25.30, marking a decrease of 0.43.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 7.67. This value exceeds the healthy maximum of 3. It has increased from 7.09 (Mar 23) to 7.67, marking an increase of 0.58.
For Retention Ratios (%), as of Mar 24, the value is 89.62. This value exceeds the healthy maximum of 70. It has decreased from 90.75 (Mar 23) to 89.62, marking a decrease of 1.13.
For Price / BV (X), as of Mar 24, the value is 6.74. This value exceeds the healthy maximum of 3. It has increased from 6.39 (Mar 23) to 6.74, marking an increase of 0.35.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 7.67. This value exceeds the healthy maximum of 3. It has increased from 7.09 (Mar 23) to 7.67, marking an increase of 0.58.
For EarningsYield, as of Mar 24, the value is 0.02. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 23) which recorded 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of PI Industries Ltd (PIIND) as of March 12, 2025 is: ₹3,072.52

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 12, 2025, PI Industries Ltd (PIIND) is Overvalued by 4.90% compared to the current share price 3,231.00

Intrinsic Value of PI Industries Ltd (PIIND) as of March 12, 2025 is: 3,629.98

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 12, 2025, PI Industries Ltd (PIIND) is Undervalued by 12.35% compared to the current share price 3,231.00

Last 5 Year EPS CAGR: 18.14%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 27.58%, which is a positive sign. The company has higher reserves (3,730.85 cr) compared to borrowings (190.46 cr), indicating strong financial stability. The company has shown consistent growth in sales (3.31 cr) and profit (325.77 cr) over the years.	The stock has a high average Working Capital Days of 71.75, which may not be favorable. The stock has a high average Cash Conversion Cycle of 92.58, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in PI Industries Ltd (PIIND):
1. Net Profit Margin: 21.79%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 21.14% (Industry Average ROCE: 13.25%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 19.25% (Industry Average ROE: 14.87%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 56.7
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 3.14
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 28.8 (Industry average Stock P/E: 35.79)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.01
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

No data availabale for About the Company

INDUSTRY	ADDRESS	CONTACT
Industry not found	Address not found	Contact not found

Management Data not Available

FAQ

What is the latest intrinsic value of PI Industries Ltd (PIIND)?

The latest intrinsic value of PI Industries Ltd (PIIND) as on 09 March 2025 is ₹3072.52, which is 4.90% lower than the current market price of 3,231.00, indicating the stock is overvalued by 4.90%. The intrinsic value of PI Industries Ltd (PIIND) is calculated using PE ratio method. The stock has a market capitalization of ₹49,021 Cr. and recorded a high/low of ₹4,804/2,951 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹9,530 Cr and total liabilities of ₹11,995 Cr.

What is the Market Cap of PI Industries Ltd (PIIND)?

The Market Cap of PI Industries Ltd (PIIND) is 49,021 Cr..

What is the current Stock Price of PI Industries Ltd (PIIND) as on 09 March 2025?

The current stock price of PI Industries Ltd (PIIND) as on 09 March 2025 is ₹3,231.

What is the High / Low of PI Industries Ltd (PIIND) stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of PI Industries Ltd (PIIND) stocks is ₹4,804/2,951.

What is the Stock P/E of PI Industries Ltd (PIIND)?

The Stock P/E of PI Industries Ltd (PIIND) is 28.8.

What is the Book Value of PI Industries Ltd (PIIND)?

The Book Value of PI Industries Ltd (PIIND) is 629.

What is the Dividend Yield of PI Industries Ltd (PIIND)?

The Dividend Yield of PI Industries Ltd (PIIND) is 0.48 %.

What is the ROCE of PI Industries Ltd (PIIND)?

The ROCE of PI Industries Ltd (PIIND) is 24.0 %.

What is the ROE of PI Industries Ltd (PIIND)?

The ROE of PI Industries Ltd (PIIND) is 21.1 %.

What is the Face Value of PI Industries Ltd (PIIND)?

The Face Value of PI Industries Ltd (PIIND) is 1.00.