Share Price and Basic Stock Data
Last Updated: November 5, 2025, 4:57 pm
| PEG Ratio | 2.51 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
PI Industries Ltd (PIIND), operating in the agrochemicals and pesticides sector, reported a market capitalization of ₹54,424 Cr and a current price of ₹3,587. The company has demonstrated robust revenue growth, with sales rising from ₹5,300 Cr in FY 2022 to ₹6,492 Cr in FY 2023. The trailing twelve months (TTM) sales stood at ₹7,809 Cr, indicating a continuous upward trajectory. Quarterly sales figures reflect this trend, with sequential growth from ₹1,543 Cr in Jun 2022 to ₹2,221 Cr in Sep 2024. The increase in sales is attributed to rising demand for agrochemicals, enhanced product offerings, and expanding market reach. The operating profit margin (OPM) improved from 22% in FY 2022 to 24% in FY 2023, signifying better cost management and operational efficiency. Looking at the quarterly data, OPM peaked at 29% in Dec 2023, showcasing the company’s ability to capitalize on favorable market conditions and operational efficiencies.
Profitability and Efficiency Metrics
PI Industries has reported a steady increase in profitability metrics, with net profit rising from ₹1,230 Cr in FY 2023 to ₹1,682 Cr in FY 2024. The company’s return on equity (ROE) was recorded at 17.6%, while the return on capital employed (ROCE) stood at 22.9%, both reflecting healthy profitability relative to industry standards. The interest coverage ratio (ICR) was exceptionally high at 76.46x, indicating the company’s strong ability to meet interest obligations. Efficiency metrics also show favorable trends, with the cash conversion cycle (CCC) declining to 42 days, demonstrating improved liquidity and operational efficiency. The net profit margin for FY 2025 is reported at 20.75%, up from 18.83% in FY 2023, indicating enhanced profitability per unit of revenue. These figures underscore PI Industries’ effective cost management and operational strategies, positioning it favorably within the competitive agrochemical landscape.
Balance Sheet Strength and Financial Ratios
PI Industries’ balance sheet reflects substantial financial strength, with total assets recorded at ₹12,249 Cr and reserves at ₹10,142 Cr as of Mar 2025. The company’s borrowings are relatively low at ₹184 Cr, resulting in a debt-to-equity ratio of 0.01, indicating a conservative capital structure. The price-to-book value (P/BV) ratio stood at 5.12x, suggesting that the market values the company’s equity at a premium compared to its book value, a potential indicator of investor confidence. The current ratio was reported at 4.02, significantly above the typical sector benchmark, showcasing excellent short-term liquidity. Additionally, the operating profit margin (OPM) has increased to 28% in FY 2025, reflecting efficiency improvements. These ratios collectively illustrate PI Industries’ strong financial health and its capacity to sustain growth and navigate economic uncertainties.
Shareholding Pattern and Investor Confidence
As of Mar 2025, the shareholding pattern of PI Industries reveals a diverse ownership structure, with promoters holding 46.09% of the equity. Foreign institutional investors (FIIs) accounted for 18.06%, while domestic institutional investors (DIIs) held 27.43%, indicating strong institutional support. The public’s shareholding stood at 8.28%, suggesting a stable retail investor base. Over the reporting period, the number of shareholders increased to 1,67,265, reflecting growing investor interest and confidence in the company. The consistent promoter holding, coupled with increasing institutional investments, suggests a solid foundation of trust among stakeholders. This investor confidence is crucial for supporting the company’s strategic initiatives and long-term growth plans in the competitive agrochemicals market.
Outlook, Risks, and Final Insight
Looking ahead, PI Industries is well-positioned to leverage its strengths, including strong profitability metrics, a solid balance sheet, and a supportive shareholder base. However, risks such as fluctuating raw material prices, regulatory changes in the agrochemical sector, and competition from domestic and international players could impact its performance. Additionally, the company’s reliance on the agricultural sector makes it susceptible to weather conditions and changing agricultural practices. To mitigate these risks, PI Industries must continue to innovate and diversify its product offerings while maintaining operational efficiencies. In a favorable scenario, the company could enhance its market share and profitability, while adverse conditions may necessitate strategic adjustments to sustain its growth trajectory.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
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 | 7,256 Cr. | 1,682 | 2,243/1,502 | 16.8 | 441 | 0.36 % | 24.9 % | 22.3 % | 10.0 |
| Dharmaj Crop Guard Ltd | 871 Cr. | 258 | 391/165 | 16.6 | 117 | 0.00 % | 12.0 % | 9.28 % | 10.0 |
| Bhaskar Agrochemicals Ltd | 55.0 Cr. | 106 | 148/55.2 | 10.0 | 34.1 | 0.00 % | 21.3 % | 24.7 % | 10.0 |
| Bhagiradha Chemicals & Industries Ltd | 3,138 Cr. | 242 | 365/228 | 110 | 53.9 | 0.06 % | 7.44 % | 4.91 % | 1.00 |
| Best Agrolife Ltd | 748 Cr. | 316 | 670/244 | 10.9 | 320 | 0.93 % | 12.9 % | 9.95 % | 10.0 |
| Industry Average | 11,448.60 Cr | 1,551.21 | 33.70 | 441.55 | 0.42% | 15.21% | 19.87% | 7.25 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,543 | 1,770 | 1,613 | 1,566 | 1,910 | 2,117 | 1,898 | 1,741 | 2,069 | 2,221 | 1,901 | 1,787 | 1,900 |
| Expenses | 1,198 | 1,338 | 1,198 | 1,223 | 1,443 | 1,566 | 1,344 | 1,299 | 1,486 | 1,593 | 1,389 | 1,332 | 1,381 |
| Operating Profit | 346 | 432 | 415 | 343 | 468 | 551 | 554 | 442 | 583 | 628 | 512 | 456 | 519 |
| OPM % | 22% | 24% | 26% | 22% | 24% | 26% | 29% | 25% | 28% | 28% | 27% | 25% | 27% |
| Other Income | 28 | 33 | 51 | 51 | 52 | 49 | 58 | 60 | 75 | 123 | 76 | 75 | 89 |
| Interest | 4 | 11 | 9 | 3 | 4 | 8 | 7 | 11 | 8 | 8 | 8 | 8 | 4 |
| Depreciation | 56 | 56 | 57 | 58 | 70 | 80 | 78 | 80 | 83 | 80 | 99 | 90 | 96 |
| Profit before tax | 314 | 398 | 400 | 332 | 445 | 512 | 526 | 411 | 566 | 663 | 481 | 432 | 507 |
| Tax % | 16% | 16% | 12% | 16% | 14% | 6% | 15% | 10% | 21% | 23% | 22% | 24% | 21% |
| Net Profit | 262 | 335 | 352 | 281 | 383 | 480 | 449 | 370 | 449 | 508 | 373 | 330 | 400 |
| EPS in Rs | 17.30 | 22.07 | 23.19 | 18.49 | 25.24 | 31.67 | 29.57 | 24.35 | 29.58 | 33.50 | 24.57 | 21.78 | 26.36 |
Last Updated: August 20, 2025, 5:35 am
Below is a detailed analysis of the quarterly data for PI Industries Ltd (PIIND) based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 1,900.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,787.00 Cr. (Mar 2025) to 1,900.00 Cr., marking an increase of 113.00 Cr..
- For Expenses, as of Jun 2025, the value is 1,381.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,332.00 Cr. (Mar 2025) to 1,381.00 Cr., marking an increase of 49.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 519.00 Cr.. The value appears strong and on an upward trend. It has increased from 456.00 Cr. (Mar 2025) to 519.00 Cr., marking an increase of 63.00 Cr..
- For OPM %, as of Jun 2025, the value is 27.00%. The value appears strong and on an upward trend. It has increased from 25.00% (Mar 2025) to 27.00%, marking an increase of 2.00%.
- For Other Income, as of Jun 2025, the value is 89.00 Cr.. The value appears strong and on an upward trend. It has increased from 75.00 Cr. (Mar 2025) to 89.00 Cr., marking an increase of 14.00 Cr..
- For Interest, as of Jun 2025, the value is 4.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 8.00 Cr. (Mar 2025) to 4.00 Cr., marking a decrease of 4.00 Cr..
- For Depreciation, as of Jun 2025, the value is 96.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 90.00 Cr. (Mar 2025) to 96.00 Cr., marking an increase of 6.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 507.00 Cr.. The value appears strong and on an upward trend. It has increased from 432.00 Cr. (Mar 2025) to 507.00 Cr., marking an increase of 75.00 Cr..
- For Tax %, as of Jun 2025, the value is 21.00%. The value appears to be improving (decreasing) as expected. It has decreased from 24.00% (Mar 2025) to 21.00%, marking a decrease of 3.00%.
- For Net Profit, as of Jun 2025, the value is 400.00 Cr.. The value appears strong and on an upward trend. It has increased from 330.00 Cr. (Mar 2025) to 400.00 Cr., marking an increase of 70.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 26.36. The value appears strong and on an upward trend. It has increased from 21.78 (Mar 2025) to 26.36, marking an increase of 4.58.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 23, 2025, 2:18 pm
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,596 | 1,940 | 2,096 | 2,277 | 2,277 | 2,841 | 3,366 | 4,577 | 5,300 | 6,492 | 7,666 | 7,978 | 7,809 |
| Expenses | 1,300 | 1,558 | 1,661 | 1,722 | 1,781 | 2,261 | 2,647 | 3,559 | 4,154 | 4,948 | 5,636 | 5,772 | 5,694 |
| Operating Profit | 295 | 382 | 435 | 555 | 496 | 580 | 720 | 1,018 | 1,146 | 1,544 | 2,030 | 2,206 | 2,115 |
| OPM % | 19% | 20% | 21% | 24% | 22% | 20% | 21% | 22% | 22% | 24% | 26% | 28% | 27% |
| Other Income | 11 | 35 | 34 | 36 | 60 | 58 | 50 | 129 | 105 | 166 | 216 | 345 | 362 |
| Interest | 14 | 12 | 12 | 9 | 7 | 7 | 19 | 34 | 16 | 39 | 44 | 56 | 29 |
| Depreciation | 32 | 50 | 54 | 73 | 83 | 93 | 137 | 175 | 202 | 226 | 308 | 352 | 366 |
| Profit before tax | 261 | 355 | 403 | 510 | 466 | 538 | 614 | 938 | 1,033 | 1,444 | 1,895 | 2,142 | 2,083 |
| Tax % | 28% | 31% | 23% | 10% | 21% | 24% | 26% | 21% | 18% | 15% | 11% | 22% | |
| Net Profit | 188 | 246 | 312 | 459 | 368 | 410 | 457 | 738 | 844 | 1,230 | 1,682 | 1,660 | 1,611 |
| EPS in Rs | 13.81 | 18.00 | 22.72 | 33.39 | 26.66 | 29.72 | 33.06 | 48.66 | 55.62 | 81.04 | 110.83 | 109.43 | 106.21 |
| Dividend Payout % | 14% | 14% | 14% | 12% | 15% | 13% | 12% | 10% | 11% | 12% | 14% | 15% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 30.85% | 26.83% | 47.12% | -19.83% | 11.41% | 11.46% | 61.49% | 14.36% | 45.73% | 36.75% | -1.31% |
| Change in YoY Net Profit Growth (%) | 0.00% | -4.02% | 20.29% | -66.94% | 31.24% | 0.05% | 50.02% | -47.12% | 31.37% | -8.99% | -38.06% |
PI Industries Ltd (PIIND) has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 19% |
| 3 Years: | 15% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 30% |
| 3 Years: | 25% |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 15% |
| 3 Years: | 5% |
| 1 Year: | -17% |
| Return on Equity | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 18% |
| 3 Years: | 19% |
| Last Year: | 18% |
Last Updated: September 5, 2025, 12:15 pm
Balance Sheet
Last Updated: July 25, 2025, 2:35 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 681 | 883 | 1,157 | 1,613 | 1,911 | 2,272 | 2,605 | 5,327 | 6,105 | 7,183 | 8,716 | 10,142 |
| Borrowings | 122 | 115 | 151 | 120 | 83 | 49 | 519 | 373 | 316 | 46 | 191 | 184 |
| Other Liabilities | 501 | 622 | 626 | 554 | 618 | 820 | 1,087 | 1,287 | 1,354 | 1,235 | 1,822 | 1,908 |
| Total Liabilities | 1,318 | 1,633 | 1,949 | 2,301 | 2,626 | 3,155 | 4,225 | 7,002 | 7,791 | 8,480 | 10,744 | 12,249 |
| Fixed Assets | 527 | 533 | 874 | 945 | 998 | 1,186 | 1,858 | 2,138 | 2,452 | 2,606 | 3,528 | 4,209 |
| CWIP | 42 | 133 | 71 | 77 | 90 | 183 | 271 | 288 | 114 | 132 | 278 | 550 |
| Investments | 1 | 1 | 0 | 83 | 161 | 129 | 150 | 872 | 900 | 1,016 | 1,336 | 1,531 |
| Other Assets | 748 | 967 | 1,003 | 1,196 | 1,378 | 1,657 | 1,946 | 3,704 | 4,325 | 4,726 | 5,601 | 5,959 |
| Total Assets | 1,318 | 1,633 | 1,949 | 2,301 | 2,626 | 3,155 | 4,225 | 7,002 | 7,791 | 8,480 | 10,744 | 12,249 |
Below is a detailed analysis of the balance sheet data for PI Industries Ltd (PIIND) based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, 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 Mar 2025, the value is 10,142.00 Cr.. The value appears strong and on an upward trend. It has increased from 8,716.00 Cr. (Mar 2024) to 10,142.00 Cr., marking an increase of 1,426.00 Cr..
- For Borrowings, as of Mar 2025, the value is 184.00 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 184.00 Cr., marking a decrease of 7.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 1,908.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,822.00 Cr. (Mar 2024) to 1,908.00 Cr., marking an increase of 86.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 12,249.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 10,744.00 Cr. (Mar 2024) to 12,249.00 Cr., marking an increase of 1,505.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 4,209.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,528.00 Cr. (Mar 2024) to 4,209.00 Cr., marking an increase of 681.00 Cr..
- For CWIP, as of Mar 2025, the value is 550.00 Cr.. The value appears strong and on an upward trend. It has increased from 278.00 Cr. (Mar 2024) to 550.00 Cr., marking an increase of 272.00 Cr..
- For Investments, as of Mar 2025, the value is 1,531.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,336.00 Cr. (Mar 2024) to 1,531.00 Cr., marking an increase of 195.00 Cr..
- For Other Assets, as of Mar 2025, the value is 5,959.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,601.00 Cr. (Mar 2024) to 5,959.00 Cr., marking an increase of 358.00 Cr..
- For Total Assets, as of Mar 2025, the value is 12,249.00 Cr.. The value appears strong and on an upward trend. It has increased from 10,744.00 Cr. (Mar 2024) to 12,249.00 Cr., marking an increase of 1,505.00 Cr..
Notably, the Reserves (10,142.00 Cr.) exceed the Borrowings (184.00 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.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 173.00 | 267.00 | 284.00 | 435.00 | 413.00 | 531.00 | 201.00 | -372.00 | -315.00 | -45.00 | -189.00 | -182.00 |
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.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 59 | 72 | 69 | 68 | 84 | 85 | 70 | 56 | 60 | 43 | 44 | 64 |
| Inventory Days | 126 | 124 | 124 | 136 | 141 | 126 | 158 | 149 | 178 | 144 | 124 | 95 |
| Days Payable | 116 | 116 | 115 | 90 | 115 | 121 | 117 | 113 | 115 | 86 | 119 | 117 |
| Cash Conversion Cycle | 70 | 80 | 78 | 113 | 110 | 90 | 111 | 93 | 122 | 101 | 49 | 42 |
| Working Capital Days | 41 | 43 | 54 | 72 | 89 | 87 | 70 | 72 | 93 | 70 | 48 | 67 |
| ROCE % | 36% | 41% | 36% | 34% | 25% | 25% | 23% | 22% | 17% | 22% | 24% | 23% |
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 | 3,404,158 | 2025-04-22 17:25:23 | 0% |
| Kotak Emerging Equity Fund - Regular Plan | 2,160,000 | 2.23 | 814.51 | 2,160,000 | 2025-04-22 17:25:23 | 0% |
| Axis Midcap Fund | 1,494,513 | 2.39 | 563.57 | 1,494,513 | 2025-04-22 17:25:23 | 0% |
| Axis Focused 25 Fund | 1,412,225 | 3.75 | 532.54 | 1,412,225 | 2025-04-22 17:25:23 | 0% |
| Canara Robeco Emerging Equities | 1,069,634 | 2.14 | 403.35 | 1,069,634 | 2025-04-22 17:25:23 | 0% |
| UTI Flexi Cap Fund | 993,359 | 1.47 | 374.59 | 993,359 | 2025-04-22 17:25:23 | 0% |
| Mirae Asset Large Cap Fund | 893,111 | 0.93 | 336.78 | 893,111 | 2025-04-22 17:25:23 | 0% |
| ICICI Prudential Balanced Advantage Fund | 889,101 | 0.65 | 335.27 | 889,101 | 2025-04-22 17:25:23 | 0% |
| Axis Growth Opportunities Fund | 830,987 | 3.01 | 313.36 | 830,987 | 2025-04-22 17:25:23 | 0% |
| SBI Blue Chip Fund | 600,000 | 0.56 | 226.25 | 600,000 | 2025-04-22 17:25:23 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Basic EPS (Rs.) | 109.44 | 110.85 | 81.06 | 55.65 | 49.92 |
| Diluted EPS (Rs.) | 109.44 | 110.83 | 81.04 | 55.63 | 49.89 |
| Cash EPS (Rs.) | 132.13 | 130.21 | 95.34 | 68.55 | 59.78 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 668.22 | 574.41 | 473.59 | 402.66 | 351.47 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 668.22 | 574.41 | 473.59 | 402.66 | 351.47 |
| Revenue From Operations / Share (Rs.) | 524.86 | 504.33 | 427.11 | 348.65 | 301.12 |
| PBDIT / Share (Rs.) | 166.00 | 146.21 | 111.91 | 81.83 | 74.81 |
| PBIT / Share (Rs.) | 142.81 | 125.93 | 97.01 | 68.55 | 63.31 |
| PBT / Share (Rs.) | 140.64 | 123.96 | 94.57 | 67.71 | 61.45 |
| Net Profit / Share (Rs.) | 108.94 | 109.93 | 80.44 | 55.28 | 48.28 |
| NP After MI And SOA / Share (Rs.) | 109.22 | 110.63 | 80.89 | 55.51 | 48.57 |
| PBDIT Margin (%) | 31.62 | 28.99 | 26.20 | 23.47 | 24.84 |
| PBIT Margin (%) | 27.20 | 24.97 | 22.71 | 19.66 | 21.02 |
| PBT Margin (%) | 26.79 | 24.57 | 22.14 | 19.42 | 20.40 |
| Net Profit Margin (%) | 20.75 | 21.79 | 18.83 | 15.85 | 16.03 |
| NP After MI And SOA Margin (%) | 20.81 | 21.93 | 18.93 | 15.92 | 16.13 |
| Return on Networth / Equity (%) | 16.34 | 19.25 | 17.07 | 13.78 | 13.81 |
| Return on Capital Employeed (%) | 20.57 | 21.14 | 20.20 | 16.17 | 16.75 |
| Return On Assets (%) | 13.52 | 15.62 | 14.49 | 10.83 | 10.54 |
| Long Term Debt / Equity (X) | 0.01 | 0.01 | 0.00 | 0.02 | 0.04 |
| Total Debt / Equity (X) | 0.01 | 0.01 | 0.00 | 0.04 | 0.04 |
| Asset Turnover Ratio (%) | 0.69 | 0.79 | 0.77 | 0.69 | 0.77 |
| Current Ratio (X) | 4.02 | 3.90 | 4.79 | 3.68 | 3.57 |
| Quick Ratio (X) | 3.45 | 3.14 | 3.61 | 2.63 | 2.74 |
| Inventory Turnover Ratio (X) | 6.98 | 2.65 | 2.42 | 2.34 | 2.61 |
| Dividend Payout Ratio (NP) (%) | 13.70 | 10.37 | 9.24 | 8.98 | 8.20 |
| Dividend Payout Ratio (CP) (%) | 11.30 | 8.76 | 7.80 | 7.24 | 6.63 |
| Earning Retention Ratio (%) | 86.30 | 89.63 | 90.76 | 91.02 | 91.80 |
| Cash Earning Retention Ratio (%) | 88.70 | 91.24 | 92.20 | 92.76 | 93.37 |
| Interest Coverage Ratio (X) | 76.46 | 74.08 | 45.85 | 97.17 | 40.32 |
| Interest Coverage Ratio (Post Tax) (X) | 51.18 | 56.70 | 33.96 | 66.64 | 27.02 |
| Enterprise Value (Cr.) | 49661.46 | 56230.52 | 43769.02 | 41737.56 | 32907.06 |
| EV / Net Operating Revenue (X) | 6.22 | 7.34 | 6.74 | 7.88 | 7.19 |
| EV / EBITDA (X) | 19.68 | 25.30 | 25.73 | 33.56 | 28.94 |
| MarketCap / Net Operating Revenue (X) | 6.52 | 7.67 | 7.09 | 8.09 | 7.49 |
| Retention Ratios (%) | 86.29 | 89.62 | 90.75 | 91.01 | 91.79 |
| Price / BV (X) | 5.12 | 6.74 | 6.39 | 7.01 | 6.41 |
| Price / Net Operating Revenue (X) | 6.52 | 7.67 | 7.09 | 8.09 | 7.49 |
| EarningsYield | 0.03 | 0.02 | 0.02 | 0.01 | 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 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 109.44. This value is within the healthy range. It has decreased from 110.85 (Mar 24) to 109.44, marking a decrease of 1.41.
- For Diluted EPS (Rs.), as of Mar 25, the value is 109.44. This value is within the healthy range. It has decreased from 110.83 (Mar 24) to 109.44, marking a decrease of 1.39.
- For Cash EPS (Rs.), as of Mar 25, the value is 132.13. This value is within the healthy range. It has increased from 130.21 (Mar 24) to 132.13, marking an increase of 1.92.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 668.22. It has increased from 574.41 (Mar 24) to 668.22, marking an increase of 93.81.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 668.22. It has increased from 574.41 (Mar 24) to 668.22, marking an increase of 93.81.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 524.86. It has increased from 504.33 (Mar 24) to 524.86, marking an increase of 20.53.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 166.00. This value is within the healthy range. It has increased from 146.21 (Mar 24) to 166.00, marking an increase of 19.79.
- For PBIT / Share (Rs.), as of Mar 25, the value is 142.81. This value is within the healthy range. It has increased from 125.93 (Mar 24) to 142.81, marking an increase of 16.88.
- For PBT / Share (Rs.), as of Mar 25, the value is 140.64. This value is within the healthy range. It has increased from 123.96 (Mar 24) to 140.64, marking an increase of 16.68.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 108.94. This value is within the healthy range. It has decreased from 109.93 (Mar 24) to 108.94, marking a decrease of 0.99.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 109.22. This value is within the healthy range. It has decreased from 110.63 (Mar 24) to 109.22, marking a decrease of 1.41.
- For PBDIT Margin (%), as of Mar 25, the value is 31.62. This value is within the healthy range. It has increased from 28.99 (Mar 24) to 31.62, marking an increase of 2.63.
- For PBIT Margin (%), as of Mar 25, the value is 27.20. This value exceeds the healthy maximum of 20. It has increased from 24.97 (Mar 24) to 27.20, marking an increase of 2.23.
- For PBT Margin (%), as of Mar 25, the value is 26.79. This value is within the healthy range. It has increased from 24.57 (Mar 24) to 26.79, marking an increase of 2.22.
- For Net Profit Margin (%), as of Mar 25, the value is 20.75. This value exceeds the healthy maximum of 10. It has decreased from 21.79 (Mar 24) to 20.75, marking a decrease of 1.04.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 20.81. This value exceeds the healthy maximum of 20. It has decreased from 21.93 (Mar 24) to 20.81, marking a decrease of 1.12.
- For Return on Networth / Equity (%), as of Mar 25, the value is 16.34. This value is within the healthy range. It has decreased from 19.25 (Mar 24) to 16.34, marking a decrease of 2.91.
- For Return on Capital Employeed (%), as of Mar 25, the value is 20.57. This value is within the healthy range. It has decreased from 21.14 (Mar 24) to 20.57, marking a decrease of 0.57.
- For Return On Assets (%), as of Mar 25, the value is 13.52. This value is within the healthy range. It has decreased from 15.62 (Mar 24) to 13.52, marking a decrease of 2.10.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.01. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.01.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.01. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.01.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.69. It has decreased from 0.79 (Mar 24) to 0.69, marking a decrease of 0.10.
- For Current Ratio (X), as of Mar 25, the value is 4.02. This value exceeds the healthy maximum of 3. It has increased from 3.90 (Mar 24) to 4.02, marking an increase of 0.12.
- For Quick Ratio (X), as of Mar 25, the value is 3.45. This value exceeds the healthy maximum of 2. It has increased from 3.14 (Mar 24) to 3.45, marking an increase of 0.31.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 6.98. This value is within the healthy range. It has increased from 2.65 (Mar 24) to 6.98, marking an increase of 4.33.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 13.70. This value is below the healthy minimum of 20. It has increased from 10.37 (Mar 24) to 13.70, marking an increase of 3.33.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 11.30. This value is below the healthy minimum of 20. It has increased from 8.76 (Mar 24) to 11.30, marking an increase of 2.54.
- For Earning Retention Ratio (%), as of Mar 25, the value is 86.30. This value exceeds the healthy maximum of 70. It has decreased from 89.63 (Mar 24) to 86.30, marking a decrease of 3.33.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 88.70. This value exceeds the healthy maximum of 70. It has decreased from 91.24 (Mar 24) to 88.70, marking a decrease of 2.54.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 76.46. This value is within the healthy range. It has increased from 74.08 (Mar 24) to 76.46, marking an increase of 2.38.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 51.18. This value is within the healthy range. It has decreased from 56.70 (Mar 24) to 51.18, marking a decrease of 5.52.
- For Enterprise Value (Cr.), as of Mar 25, the value is 49,661.46. It has decreased from 56,230.52 (Mar 24) to 49,661.46, marking a decrease of 6,569.06.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 6.22. This value exceeds the healthy maximum of 3. It has decreased from 7.34 (Mar 24) to 6.22, marking a decrease of 1.12.
- For EV / EBITDA (X), as of Mar 25, the value is 19.68. This value exceeds the healthy maximum of 15. It has decreased from 25.30 (Mar 24) to 19.68, marking a decrease of 5.62.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 6.52. This value exceeds the healthy maximum of 3. It has decreased from 7.67 (Mar 24) to 6.52, marking a decrease of 1.15.
- For Retention Ratios (%), as of Mar 25, the value is 86.29. This value exceeds the healthy maximum of 70. It has decreased from 89.62 (Mar 24) to 86.29, marking a decrease of 3.33.
- For Price / BV (X), as of Mar 25, the value is 5.12. This value exceeds the healthy maximum of 3. It has decreased from 6.74 (Mar 24) to 5.12, marking a decrease of 1.62.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 6.52. This value exceeds the healthy maximum of 3. It has decreased from 7.67 (Mar 24) to 6.52, marking a decrease of 1.15.
- For EarningsYield, as of Mar 25, the value is 0.03. This value is below the healthy minimum of 5. It has increased from 0.02 (Mar 24) to 0.03, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
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):
- Net Profit Margin: 20.75%
- 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.
- ROCE: 20.57% (Industry Average ROCE: 15.21%)
- 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.
- ROE%: 16.34% (Industry Average ROE: 19.87%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 51.18
- 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.
- Quick Ratio: 3.45
- 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.
- Stock P/E: 34.7 (Industry average Stock P/E: 33.7)
- 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.
- 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.
Stock Rating: - Net Profit Margin: 20.75%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Agro Chemicals/Pesticides | Udaisagar Road, Udaipur Rajasthan 313001 | investor@piind.com http://www.piindustries.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Salil Singhal | Chairperson Emeritus |
| Mr. Narayan K Seshadri | Non Exe. Non Ind Chairperson |
| Mr. Mayank Singhal | Vice Chairman & Mng.Director |
| Mr. Rajnish Sarna | Joint Managing Director |
| Mr. Arvind Singhal | Non Exe.Non Ind.Director |
| Mr. Rafael Del Rio Donoso | Non Executive Director |
| Mr. Shobinder Duggal | Independent Director |
| Ms. Pia Singh | Independent Director |
| Ms. Lisa J Brown | Independent Director |
| Mr. T S Balganesh | Independent Director |
FAQ
What is the intrinsic value of PI Industries Ltd (PIIND)?
PI Industries Ltd (PIIND)'s intrinsic value (as of 05 November 2025) is 3282.63 which is 10.87% lower the current market price of 3,683.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 55,882 Cr. market cap, FY2025-2026 high/low of 4,715/2,951, reserves of ₹10,142 Cr, and liabilities of 12,249 Cr.
What is the Market Cap of PI Industries Ltd (PIIND)?
The Market Cap of PI Industries Ltd (PIIND) is 55,882 Cr..
What is the current Stock Price of PI Industries Ltd (PIIND) as on 05 November 2025?
The current stock price of PI Industries Ltd (PIIND) as on 05 November 2025 is 3,683.
What is the High / Low of PI Industries Ltd (PIIND) stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of PI Industries Ltd (PIIND) stocks is 4,715/2,951.
What is the Stock P/E of PI Industries Ltd (PIIND)?
The Stock P/E of PI Industries Ltd (PIIND) is 34.7.
What is the Book Value of PI Industries Ltd (PIIND)?
The Book Value of PI Industries Ltd (PIIND) is 669.
What is the Dividend Yield of PI Industries Ltd (PIIND)?
The Dividend Yield of PI Industries Ltd (PIIND) is 0.43 %.
What is the ROCE of PI Industries Ltd (PIIND)?
The ROCE of PI Industries Ltd (PIIND) is 22.9 %.
What is the ROE of PI Industries Ltd (PIIND)?
The ROE of PI Industries Ltd (PIIND) is 17.6 %.
What is the Face Value of PI Industries Ltd (PIIND)?
The Face Value of PI Industries Ltd (PIIND) is 1.00.
