Piccadily Agro Industries Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹538.68Fairly Valued by 0.43%vs CMP ₹541.00

P/E (40.2) × ROE (20.1%) × BV (₹81.70) × DY (2.00%)

₹275.84Overvalued by 49.01%vs CMP ₹541.00
MoS: -96.1% (Negative)Confidence: 63/100 (Moderate)Models: 1 Under, 8 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹725.3323%Under (+34.1%)
Graham NumberEarnings₹158.8117%Over (-70.6%)
Earnings PowerEarnings₹43.1811%Over (-92%)
DCFCash Flow₹297.9311%Over (-44.9%)
Net Asset ValueAssets₹81.507%Over (-84.9%)
EV/EBITDAEnterprise₹130.979%Over (-75.8%)
Earnings YieldEarnings₹137.207%Over (-74.6%)
ROCE CapitalReturns₹167.999%Over (-68.9%)
Revenue MultipleRevenue₹40.406%Over (-92.5%)
Consensus (9 models)₹275.84100%Overvalued
Key Drivers: EPS CAGR 34.6% lifts DCF — verify sustainability. | Wide model spread (₹40–₹725) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 34.6%

*Investments are subject to market risks

Analyst Summary

Piccadily Agro Industries Ltd operates in the Sugar segment, NSE: PICCADIL | BSE: 530305, current market price is ₹541.00, market cap is 5,337 Cr.. At a glance, stock P/E is 40.2, ROE is 20.1 %, ROCE is 22.7 %, book value is 81.7, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹275.84, around 49.0% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹797 Cr versus the prior period change of 7.4%, while latest net profit is about ₹102 Cr with a prior-period change of -7.3%. The 52-week range shown on this page is 806/483, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisPiccadily Agro Industries Ltd. is a Public Limited Listed company incorporated on 25/03/1994 and has its registered office in the State of Haryana, India. Company's Corporate Identification Number(CIN…

This summary is generated from the stock page data available for Piccadily Agro Industries Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

73
Piccadily Agro Industries Ltd scores 73/100 (Strong)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health79/100 · Strong
ROCE 22.7% ExcellentROE 20.1% ExcellentD/E 0.51 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money75/100 · Strong
FII holding up 0.44% (6mo) Slight increaseDII holding up 0.73% MF buyingPromoter holding at 68.6% Stable
Earnings Quality65/100 · Strong
OPM expanding (11% → 22%) Improving
Quarterly Momentum80/100 · Strong
Revenue (4Q): +15% YoY GrowingProfit (4Q): +25% YoY Strong
Industry Rank65/100 · Strong
P/E 40.2 vs industry 20.7 Premium to peersROCE 22.7% vs industry 8.6% Above peersROE 20.1% vs industry 7.9% Above peers3Y sales CAGR: 12% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:23 am

Market Cap 5,337 Cr.
Current Price 541
Intrinsic Value₹275.84
High / Low 806/483
Stock P/E40.2
Book Value 81.7
Dividend Yield0.00 %
ROCE22.7 %
ROE20.1 %
Face Value 10.0
PEG Ratio1.16

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

View Share Price Target for Piccadily Agro Industries Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Piccadily Agro Industries Ltd 5,337 Cr. 541 806/48340.2 81.70.00 %22.7 %20.1 % 10.0
Shree Renuka Sugars Ltd 5,979 Cr. 28.1 35.8/22.8 10.90.00 %10.6 %% 1.00
Bannari Amman Sugars Ltd 4,578 Cr. 3,651 4,675/2,91532.4 1,4530.34 %8.68 %6.04 % 10.0
Bajaj Hindusthan Sugar Ltd 4,026 Cr. 17.0 29.6/14.8 29.80.00 %1.15 %0.54 % 1.00
Dalmia Bharat Sugar & Industries Ltd 3,104 Cr. 383 465/2619.16 3991.56 %9.48 %12.4 % 2.00
Industry Average2,024.68 Cr265.4020.73225.550.76%8.62%7.89%6.37

All Competitor Stocks of Piccadily Agro Industries Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 115200219114178269196185182255214212276
Expenses 9718519490143202168143135190176166199
Operating Profit 18152524346728424866384678
OPM % 15%7%11%21%19%25%14%23%26%26%18%22%28%
Other Income 00002911132121
Interest 4345344599976
Depreciation 4464445555566
Profit before tax 1091515575920333654253568
Tax % 27%42%26%26%21%27%29%25%32%26%26%26%29%
Net Profit 751111444313252540182748
EPS in Rs 0.700.501.161.184.704.591.392.612.634.231.942.714.84

Last Updated: February 2, 2026, 1:16 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 2:45 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 376344271329334371399488572598742797958
Expenses 330316248282308344359437503537592614730
Operating Profit 46282347262740526962150183228
OPM % 12%8%9%14%8%7%10%11%12%10%20%23%24%
Other Income 567159-13113076
Interest 891517161715161413162830
Depreciation 10111113131313131516181922
Profit before tax 33155182711254133146142181
Tax % 36%39%68%57%-148%21%-21%29%29%30%25%28%
Net Profit 219285219182922110102133
EPS in Rs 2.250.940.160.840.480.232.031.903.102.3711.6310.8513.72
Dividend Payout % 0%0%0%0%0%0%10%26%3%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-57.14%-77.78%300.00%-37.50%-60.00%850.00%-5.26%61.11%-24.14%400.00%-7.27%
Change in YoY Net Profit Growth (%)0.00%-20.63%377.78%-337.50%-22.50%910.00%-855.26%66.37%-85.25%424.14%-407.27%

Piccadily Agro Industries Ltd 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:9%
5 Years:15%
3 Years:13%
TTM:11%
Compounded Profit Growth
10 Years:28%
5 Years:38%
3 Years:52%
TTM:21%
Stock Price CAGR
10 Years:60%
5 Years:129%
3 Years:148%
1 Year:-25%
Return on Equity
10 Years:14%
5 Years:19%
3 Years:21%
Last Year:20%

Last Updated: September 5, 2025, 3:01 pm

Balance Sheet

Last Updated: December 4, 2025, 2:39 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 24244795959595959595949498
Reserves 102110865964557591112137245586706
Borrowings 9085156128144131126125135154172308324
Other Liabilities 99130102141156189166198187207228156162
Total Liabilities 3153493914234584704615095295937391,1441,291
Fixed Assets 136149162156152148141135144195218282330
CWIP 24304750464646523242201242
Investments 58525364646569625961616061
Other Assets 119145146155191211205265273305419601659
Total Assets 3153493914234584704615095295937391,1441,291

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 4742-6984158-022453751-27
Cash from Investing Activity + -33-22-50-46-101-80-35-52-30-270
Cash from Financing Activity + -14-2254-52-30-44-4-9-2212-10292
Net Cash Flow 1-2-20115-1214-12-311-5
Free Cash Flow 4027-64742953-61418-529-270
CFO/OP 117%191%-6%208%174%216%8%55%82%77%44%10%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-44.00-57.00-133.00-81.00-118.00-104.00-86.00-73.00-66.00-92.00-22.00-125.00

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

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 0315152441303832426761
Inventory Days 159189222233215182201215185201200337
Days Payable 8916013415217521417217412314011359
Cash Conversion Cycle 703310396639587994103154339
Working Capital Days -29-48-17-70-82-101-56-28-523892
ROCE %20%11%8%13%6%8%10%13%17%13%30%23%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 70.97%70.97%70.97%70.97%70.97%70.97%70.97%70.97%70.97%70.47%68.62%68.62%
FIIs 0.00%0.00%0.00%0.00%0.00%0.17%0.88%0.78%0.71%0.73%0.95%1.15%
DIIs 0.00%0.00%0.00%0.04%0.10%0.10%0.03%0.01%0.01%0.00%0.97%0.74%
Public 29.02%29.02%29.03%29.00%28.92%28.76%28.13%28.24%28.30%28.80%29.46%29.50%
No. of Shareholders 27,83827,43530,84152,07051,17271,83370,61969,29776,03078,87574,77076,004

Shareholding Pattern Chart

No. of Shareholders

Piccadily Agro Industries Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 10.8511.632.373.101.90
Diluted EPS (Rs.) 10.8411.632.373.101.90
Cash EPS (Rs.) 12.9513.634.114.623.29
Book Value[Excl.RevalReserv]/Share (Rs.) 72.0936.0124.4621.8319.58
Book Value[Incl.RevalReserv]/Share (Rs.) 72.0936.0124.4621.8319.58
Revenue From Operations / Share (Rs.) 86.7282.6264.3260.5951.69
PBDIT / Share (Rs.) 20.0916.006.577.395.71
PBIT / Share (Rs.) 18.0214.074.925.864.28
PBT / Share (Rs.) 15.0715.523.514.372.61
Net Profit / Share (Rs.) 10.8911.702.463.091.86
NP After MI And SOA / Share (Rs.) 10.8511.632.363.091.90
PBDIT Margin (%) 23.1619.3610.2012.2011.04
PBIT Margin (%) 20.7817.027.649.668.28
PBT Margin (%) 17.3818.775.467.205.04
Net Profit Margin (%) 12.5514.163.825.093.60
NP After MI And SOA Margin (%) 12.5014.083.665.093.66
Return on Networth / Equity (%) 15.0432.319.6414.159.68
Return on Capital Employeed (%) 20.0930.6115.1821.5217.63
Return On Assets (%) 8.9414.853.765.523.59
Long Term Debt / Equity (X) 0.200.170.220.120.15
Total Debt / Equity (X) 0.450.500.660.650.51
Asset Turnover Ratio (%) 0.861.171.091.121.02
Current Ratio (X) 1.851.311.031.000.93
Quick Ratio (X) 0.830.660.360.360.27
Inventory Turnover Ratio (X) 3.284.031.961.922.03
Dividend Payout Ratio (NP) (%) 0.001.714.220.000.00
Dividend Payout Ratio (CP) (%) 0.001.472.480.000.00
Earning Retention Ratio (%) 0.0098.2995.780.000.00
Cash Earning Retention Ratio (%) 0.0098.5397.520.000.00
Interest Coverage Ratio (X) 6.819.604.674.963.41
Interest Coverage Ratio (Post Tax) (X) 4.696.152.753.072.11
Enterprise Value (Cr.) 5589.363001.84577.10421.05190.24
EV / Net Operating Revenue (X) 6.833.850.940.730.38
EV / EBITDA (X) 29.4919.899.296.023.52
MarketCap / Net Operating Revenue (X) 6.513.650.700.510.21
Retention Ratios (%) 0.0098.2895.770.000.00
Price / BV (X) 7.848.391.851.420.55
Price / Net Operating Revenue (X) 6.513.650.700.510.21
EarningsYield 0.010.030.050.090.17

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Piccadily Agro Industries Ltd. is a Public Limited Listed company incorporated on 25/03/1994 and has its registered office in the State of Haryana, India. Company's Corporate Identification Number(CIN) is L01115HR1994PLC032244 and registration number is 032244. Currently Company is involved in the business activities of Manufacture or refining of sugar (sucrose) from sugercane. Company's Total Operating Revenue is Rs. 886.26 Cr. and Equity Capital is Rs. 94.34 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Beverages & DistilleriesVillage Bhadson, Karnal Dist. Haryana 132109Contact not found
Management
NamePosition Held
Mr. Harvinder Singh ChopraChairman & Managing Director
Mr. Dharmendra Kumar BatraWhole Time Director
Mr. Rajeev Kumar SangerIndependent Director
Mr. Rajan TalwarIndependent Director
Ms. Heena GeraIndependent Woman Director
Mr. Jai Parkash KaushikDirector

FAQ

What is the intrinsic value of Piccadily Agro Industries Ltd and is it undervalued?

As of 22 April 2026, Piccadily Agro Industries Ltd's intrinsic value is ₹275.84, which is 49.01% lower than the current market price of ₹541.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (20.1 %), book value (₹81.7), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Piccadily Agro Industries Ltd?

Piccadily Agro Industries Ltd is trading at ₹541.00 as of 22 April 2026, with a FY2026-2027 high of ₹806 and low of ₹483. The stock is currently near its 52-week low. Market cap stands at ₹5,337 Cr..

How does Piccadily Agro Industries Ltd's P/E ratio compare to its industry?

Piccadily Agro Industries Ltd has a P/E ratio of 40.2, which is above the industry average of 20.73. The premium over industry average may reflect growth expectations or speculative interest.

Is Piccadily Agro Industries Ltd financially healthy?

Key indicators for Piccadily Agro Industries Ltd: ROCE of 22.7 % indicates efficient capital utilization; ROE of 20.1 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is Piccadily Agro Industries Ltd profitable and how is the profit trend?

Piccadily Agro Industries Ltd reported a net profit of ₹102 Cr in Mar 2025 on revenue of ₹797 Cr. Compared to ₹29 Cr in Mar 2022, the net profit shows an improving trend.

Does Piccadily Agro Industries Ltd pay dividends?

Piccadily Agro Industries Ltd has a dividend yield of 0.00 % at the current price of ₹541.00. The company is currently not paying meaningful dividends.

Last Updated: April 2, 2026, 4:23 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 530305 | NSE: PICCADIL
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Piccadily Agro Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE