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PI Industries Limited PIIND NIFTY_MIDNSEINFRA

Basic Materials · Agricultural Inputs · India
https://www.piindustries.com

PI Industries Limited, together with its subsidiaries, manufactures and distributes of agricultural chemicals in India, rest of Asia, North America, Europe, and internationally. It operates through Agro Chemicals and Pharma segments. The company offers agrochemicals, including insecticides, fungicides, herbicides, and biologicals; crop solutions for soybeans, chili, sugarcane, rice, wheat, cotton, and corn, as well as horticulture products; and plant nutrients and specialty chemicals. It also provides research and development services, such as target discovery, molecule design, library synthesis, lead optimization, biological evaluation, and route synthesis. In addition, the company offers custom synthesis and manufacturing solutions, including process research and development, analytical method development, synthesis of reference standards, structure elucidation and synthesis of impurities, physio-chemical studies and 5-batch analysis under GLP conditions, scale-up studies, safety data generation, waste categorization and treatability studies, process/plant engineering, and large-scale commercial production; and distribution services. The company sells its products to farmers, distributors, retailers, and sellers. It also exports its products. PI Industries Limited was incorporated in 1946 and is based in Gurugram, India.

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₹2,775.00
-28.10% 1Y

Market & Price

Market Cap
₹42,097.65 Cr
Current Price
₹2,775.00
High / Low (52W)
₹4,306.54 / ₹2,718.80
Beta
0.47

Valuation

Stock P/E
31.85
Industry PE
23.81
Forward P/E
25.90
PEG Ratio
-
Book Value
₹713.68
Price to Book
3.89
P/S
6.27
EV/EBITDA
22.90
Dividend Yield
0.54%

Profitability & Returns

ROCE
14.68%
ROE
12.35%
ROA
6.28%
Profit Margin
19.67%
Op Margin
14.71%
EPS (Latest Qtr)
₹13.20
EPS (TTM)
₹87.13

Balance Sheet & Liquidity

Debt/Equity
3.05
Quick Ratio
3.28
Current Ratio
4.22
Debt
₹342.30 Cr
Total Assets
₹13,443.70 Cr
Current Assets
₹7,494.70 Cr
Working Capital
₹5,718.00 Cr

Ownership

Promoter Holding
46.52%
Chg in Prom Hold
-
FII / Inst Holding
41.52%
Chg in FII Hold
0.00%

Financial Snapshot

Enterprise Value
₹38,920.40 Cr
Total Revenue (TTM)
₹6,713.70 Cr
EBITDA
₹1,699.60 Cr
Free Cash Flow
₹-716.53 Cr
Operating Cash Flow
₹474.00 Cr
Shares Outstanding
₹15.17 Cr
Gross Margin
57.80%
Payout Ratio
17.23%

Growth (CAGR)

Revenue 5Y
1.30%
Profit 5Y
2.42%
Revenue (YoY)
-12.40%
Earnings (YoY)
-39.40%

PROS

No notable strengths flagged.

CONS

  • Trading 35.6% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Basic Materials).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 PIIND PI Industries Limited NIFTY_MIDNSEINFRA 2,775.00 31.85 ₹42,097.65 Cr 0.54% 14.68% 12.35% 1.30% 2.42%
2 ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA 11,482.00 41.32 ₹3.38 L Cr 0.67% 11.90% 10.59% 12.40% 17.26%
3 JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA 1,278.00 14.01 ₹3.12 L Cr 0.56% 19.15% 27.26% 3.61% 75.28%
4 HINDZINC Hindustan Zinc Limited NSEINFRA 632.95 19.34 ₹2.67 L Cr 3.32% 62.35% 76.94% 5.61% 9.58%
5 TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA 208.02 28.34 ₹2.59 L Cr 1.92% 11.32% 11.16% -1.59% 7.21%
6 HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA 1,126.70 18.73 ₹2.52 L Cr 0.44% 9.50% 10.29% 7.40% 9.87%
7 GRASIM Grasim Industries Limited NIFTY50NSEINFRA 3,122.40 42.74 ₹2.12 L Cr 0.32% 4.00% 6.29% 14.63% -10.06%
8 SOLARINDS Solar Industries India Limited NSEINFRA 18,247.00 98.04 ₹1.65 L Cr 0.06% 29.51% 31.33% 13.27% 30.36%
9 PIDILITIND Pidilite Industries Limited NSEINFRA 1,482.80 61.73 ₹1.51 L Cr 0.67% 28.48% 23.52% 7.50% 24.36%
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Quarterly Results

Figures in INR.

Metric Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 1,787.10 Cr1,900.50 Cr1,872.30 Cr1,375.70 Cr1,565.20 Cr
Cost of Revenue 803.00 Cr809.10 Cr800.40 Cr563.90 Cr659.90 Cr
Gross Profit 984.10 Cr1,091.40 Cr1,071.90 Cr811.80 Cr905.30 Cr
Operating Expenses 606.40 Cr660.30 Cr621.30 Cr606.40 Cr666.80 Cr
Operating Income 377.70 Cr431.10 Cr450.60 Cr205.40 Cr238.50 Cr
EBITDA 530.30 Cr607.80 Cr625.90 Cr474.50 Cr410.90 Cr
Interest Expense 7.90 Cr3.90 Cr2.60 Cr6.20 Cr3.70 Cr
Pretax Income 432.20 Cr507.40 Cr525.30 Cr362.90 Cr300.50 Cr
Tax Provision 101.70 Cr107.40 Cr116.00 Cr51.60 Cr100.30 Cr
Net Income 330.50 Cr400.00 Cr409.30 Cr311.30 Cr200.20 Cr
Diluted EPS 21.7826.3626.9820.5213.20

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -6,458.20 Cr7,611.60 Cr7,977.80 Cr6,713.70 Cr
Cost of Revenue -3,595.10 Cr3,877.50 Cr3,771.10 Cr2,833.30 Cr
Gross Profit -2,863.10 Cr3,734.10 Cr4,206.70 Cr3,880.40 Cr
Operating Expenses -1,531.90 Cr1,993.50 Cr2,337.50 Cr2,554.80 Cr
Operating Income -1,331.20 Cr1,740.60 Cr1,869.20 Cr1,325.60 Cr
EBITDA -1,707.90 Cr2,232.90 Cr2,527.50 Cr2,119.10 Cr
Interest Expense -37.10 Cr30.00 Cr33.00 Cr16.40 Cr
Pretax Income -1,444.30 Cr1,894.70 Cr2,142.00 Cr1,696.10 Cr
Tax Provision -214.80 Cr213.20 Cr481.80 Cr375.30 Cr
Net Income -1,229.50 Cr1,681.50 Cr1,660.20 Cr1,320.80 Cr
Diluted EPS 55.6381.04110.83109.42-

Compounded Sales Growth

5 Years:1.30%
1 Year:-12.40%

Compounded Profit Growth

5 Years:2.42%
1 Year:-39.40%

Stock Price Performance

1 Year:-28.10%
6 Months:-18.85%
3 Months:-11.04%
1 Month:-10.23%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -8,479.70 Cr10,764.00 Cr12,276.70 Cr13,443.70 Cr
Current Assets -5,662.30 Cr6,678.50 Cr6,952.20 Cr7,494.70 Cr
Cash & Equivalents -872.70 Cr886.50 Cr592.30 Cr283.30 Cr
Inventory -1,397.60 Cr1,301.20 Cr983.90 Cr1,216.70 Cr
Receivables -772.00 Cr929.90 Cr1,405.80 Cr1,610.80 Cr
Total Liabilities -1,281.20 Cr2,033.00 Cr2,119.70 Cr2,213.20 Cr
Current Liabilities -1,181.80 Cr1,710.60 Cr1,727.70 Cr1,776.70 Cr
Long Term Debt -061.70 Cr78.00 Cr149.00 Cr
Total Debt -46.50 Cr190.60 Cr184.10 Cr342.30 Cr
Total Equity -7,198.50 Cr8,731.00 Cr10,157.00 Cr11,230.50 Cr
Shares Outstanding -15.17 Cr15.17 Cr15.17 Cr15.17 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -1,501.40 Cr2,035.90 Cr1,412.90 Cr474.00 Cr
Investing Cash Flow --496.20 Cr-1,800.50 Cr-1,424.20 Cr-613.50 Cr
Financing Cash Flow --483.10 Cr-221.60 Cr-286.40 Cr-171.00 Cr
Capital Expenditure --326.30 Cr-620.40 Cr-850.00 Cr-1,117.80 Cr
Free Cash Flow -1,175.10 Cr1,415.50 Cr562.90 Cr-643.80 Cr
Net Change in Cash -522.10 Cr13.80 Cr-297.70 Cr-310.50 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -44.3%49.1%52.7%57.8%
Operating Margin % -20.6%22.9%23.4%19.7%
Net Margin % -19.0%22.1%20.8%19.7%
ROE % -17.1%19.3%16.3%11.8%
ROCE % -18.2%19.2%17.7%11.4%

Shareholding Pattern

Insiders
46.52%
Institutions
41.52%
Public Float
77.64%

Analyst View

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