PI Industries
Market cap ₹34,210 Cr
- P/E
- 29.36
- Day range
- ₹2,240.50 – ₹2,288.30
- 52-week range
- ₹2,191.00 – ₹3,832.90
- Volume
- 2.86 L
- Open
- ₹2,260.00
- Prev close
- ₹2,259.00
Key metrics
- P/E (TTM)
- 30.6
- EPS (TTM)
- ₹76.79
- ROE (FY26)
- 12.4%
- ROCE (latest year)
- 15%
- Dividend yield
- 0.64%
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
Bars in ₹ crore (a loss shows red); line is operating margin
- Revenue
- Net profit
- Operating margin
Who owns the company
Shareholding as of Jun 2026
- Promoter
- DII
- FII
- Public
- Government
- Others
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); line is debt-to-equity
- Equity
- Debt
- Debt / equity
Financial statements
| Line item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,117 | 1,898 | 1,741 | 2,069 | 2,221 | 1,901 | 1,787 | 1,900 | 1,872 | 1,376 | 1,565 | 1,702 |
| Expenses | 1,566 | 1,344 | 1,299 | 1,486 | 1,593 | 1,389 | 1,332 | 1,381 | 1,331 | 1,073 | 1,228 | 1,335 |
| Operating Profit | 551 | 554 | 442 | 583 | 628 | 512 | 456 | 519 | 541 | 302 | 337 | 367 |
| OPM % | 26% | 29% | 25% | 28% | 28% | 27% | 25% | 27% | 29% | 22% | 22% | 22% |
| Other Income | 49 | 58 | 60 | 75 | 123 | 76 | 75 | 89 | 85 | 172 | 74 | 66 |
| Interest | 8 | 7 | 11 | 8 | 8 | 8 | 8 | 4 | 3 | 6 | 4 | 8 |
| Depreciation | 80 | 78 | 80 | 83 | 80 | 99 | 90 | 96 | 98 | 105 | 107 | 104 |
| Profit before tax | 512 | 526 | 411 | 566 | 663 | 481 | 432 | 507 | 525 | 363 | 300 | 322 |
| Tax % | 6% | 15% | 10% | 21% | 23% | 22% | 24% | 21% | 22% | 14% | 33% | 24% |
| Net Profit | 480 | 449 | 370 | 449 | 508 | 373 | 330 | 400 | 409 | 311 | 200 | 244 |
| EPS in Rs | ₹31.67 | ₹29.57 | ₹24.35 | ₹29.58 | ₹33.50 | ₹24.57 | ₹21.78 | ₹26.36 | ₹26.98 | ₹20.52 | ₹13.20 | ₹16.10 |
From company filings, updated 15 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.
Working-capital cycle
+32 days since Mar 2021
+8 days since Mar 2021
+12 days since Mar 2021
+26 days since Mar 2021
+48 days since Mar 2021
Strengths, risks & growth
PI Industries Ltd is a leading player in the agro-chemicals space having strong presence in both Domestic and Export markets. It has state-of-art facilities in Gujarat having integrated process development teams with in-house engineering capabilities. [1]
Strengths
- Company is almost debt free.
Risks
- The company has delivered a poor sales growth of 7.96% over past five years.
- Debtor days have increased from 65.4 to 87.6 days.
- Working capital days have increased from 78.5 days to 120 days
Compounded Sales Growth
- 10 Years
- +12%
- 5 Years
- +8%
- 3 Years
- +1%
- TTM
- -17%
Compounded Profit Growth
- 10 Years
- +14%
- 5 Years
- +10%
- 3 Years
- -1%
- TTM
- -33%
Stock Price CAGR
- 10 Years
- +11%
- 5 Years
- -8%
- 3 Years
- -15%
- 1 Year
- -39%
Return on Equity
- 10 Years
- +17%
- 5 Years
- +16%
- 3 Years
- +16%
- Last Year
- +11%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 46.09% | 46.09% | 46.09% | 46.09% | 0.00 pp |
| FII | 16.42% | 15.97% | 15.87% | 14.83% | -1.04 pp |
| DII | 30.26% | 30.94% | 31.20% | 31.50% | +0.30 pp |
| Government | 0.15% | 0.15% | 0.15% | 0.15% | 0.00 pp |
| Public | 7.09% | 6.85% | 6.69% | 7.44% | +0.75 pp |
| Others | 0.01% | 0.01% | 0.01% | 0.01% | 0.00 pp |
Filed with NSE for Jun 2026: promoters 46.09%, public 53.91% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 22.31% (+0.50 pp)- Promoters46.1%
- Foreign institutions14.8%
- Mutual funds22.3%
- Insurance8.3%
- Other domestic institutions1.0%
- Retail4.9%
- Others2.5%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| Kotak Mid Cap Fund | 1.95% | 1.03% | -0.14 pp |
| SBI Large Cap Fund | 1.42% | 0.98% | -0.08 pp |
| ICICI Pru India Opp Fund | 1.26% | 1.24% | -0.14 pp |
| ICICI Pru Balanced Advantage Fund | 1.22% | 0.61% | -0.07 pp |
| ICICI Pru Large & Mid Cap Fund | 1.21% | 1.37% | -0.12 pp |
Scorecard
- Performance
- Low
- Valuation
- High
- Growth
- Low
- Profitability
- High
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 248 daily sessions to 11 Sept 2026.
Risk
- Volatility (1Y)
- 28.5%
- Downside volatility
- 31.6%
- Worst 5% of days
- 3.1%
- Average of that tail
- 4.9%
- Max drawdown (1Y)
- 40.9%
- Below its peak
- 40.9%
Against the market
- Beta vs Nifty 50
- 0.97
- Correlation
- 0.45
- Relative strength (3M)
- -18.4%
- ATR (14)
- 2.8%
Return
- Return 1M
- -9.4%
- Return 3M
- -20.3%
- Return 6M
- -26.7%
- Return 1Y
- —
- vs 200-day average
- -23.0%
Momentum
- RSI (14) · oversold
- 26.3
- MACD histogram
- -6.38
- Stochastic %K
- 19.7
- ADX (14)
- 30.4
- +DI / −DI
- 14.8 / 44.0
- Money flow index
- 30.9
Participation
- Delivery (20d avg)
- 46.8%
- vs its 60-day baseline
- -2.9 pts
- Volume vs 20-day
- +6.6σ
- Close vs day's VWAP
- +0.1%
- 52-week position
- 0 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Corporate actions
- dividend₹10.00
Dividend - Rs 10 Per Share
7 Aug 2026ex-date - dividend₹5.00
Interim Dividend - Rs 5 Per Share
23 Feb 2026ex-date - dividend₹10.00
Dividend - Rs 10 Per Share
7 Aug 2025ex-date - dividend₹6.00
Interim Dividend - Rs 6 Per Share
14 Feb 2025ex-date - dividend₹9.00
Dividend - Rs 9 Per Share
20 Aug 2024ex-date - otherNot available — not reported in this filing
Annual General Meeting
20 Aug 2024ex-date - dividend₹6.00
Interim Dividend - Rs 6 Per Share
21 Feb 2024ex-date - dividend₹5.50
Annual General Meeting/Dividend - Rs 5.50 Per Share
11 Aug 2023ex-date - dividend₹4.50
Interim Dividend - Rs 4.5 Per Share
24 Feb 2023ex-date - dividend₹3.00
Annual General Meeting/Dividend - Rs 3 Per Share
25 Aug 2022ex-date - dividend₹3.00
Interim Dividend - Rs 3 Per Share
14 Feb 2022ex-date - dividend₹2.00
Annual General Meeting/Dividend - Rs 2 Per Share
6 Sept 2021ex-date - dividend₹3.00
Interim Dividend - Rs 3 Per Share
11 Feb 2021ex-date - dividendNot available — not reported in this filing
Annual General Meeting/Dividend - Re 1 Per Share
17 Sept 2020ex-date - dividend₹3.00
Interim Dividend - Rs 3 Per Share
24 Feb 2020ex-date - dividend₹1.50
Annual General Meeting/Dividend - Rs 1.5 Per Share
29 Aug 2019ex-date - dividend₹2.50
Interim Dividend - Rs 2.50 Per Share
9 Nov 2018ex-date - dividend₹2.50
Annual General Meeting/Dividend- Rs 2.50 Per Share
30 Jul 2018ex-date - dividend₹1.50
Interim Dividend - Rs 1.50 Per Share
9 Nov 2017ex-date - dividend₹2.50
Annual General Meeting/Dividend - Rs 2.50 Per Share
30 Aug 2017ex-date
Company announcements
Intimation for interaction with Analysts/ Investor(s)
Intimation for interaction with Kotak Mutual Fund
Intimation for interaction with Aberdeen
Intimation for interaction with Fortitude Fund Management LLP
Intimation for interaction with ITUS Capital
Intimation for interaction with Awriga Capital
Intimation for interaction with Analysts/ Investor(s) with Quest Investments
Intimation for interaction with Kotak Mahindra Asset Management Company
Transcript of the Earnings Conference Call pertaining to the Unaudited Financial Results for the quarter ended June 30, 2026
Voting results of the 79th Annual General Meeting of the Company held on August 14, 2026, along with the Scrutinizer's Report.
Summary of the proceedings of the 79th Annual General Meeting of the Company held on August 14, 2026.
Intimation for interaction with Analysts/ Investor(s)
Intimation for interaction with Analysts/ Investor(s)
Newspaper Advertisement for the Unaudited Financial Results- June 30, 2026.
Intimation for interaction with Analysts/ Investor(s)
Filed with BSE (scrip 523642); the last 45 days. Documents open at bseindia.com.
Documents
Annual reports
Earnings calls
- Aug 2026TranscriptSlidesRecording
- May 2026TranscriptSlidesRecording
- Feb 2026TranscriptSlidesRecording
- Nov 2025TranscriptSlidesRecording
- Aug 2025TranscriptSlidesRecording
- May 2025TranscriptSlidesRecording
Credit ratings
- Rating update · 21 Jul from crisil
- Rating update · 24 Apr 2025 from crisil
- Rating update · 30 Jan 2024 from crisil
- Rating update · 2 Nov 2022 from crisil
- Rating update · 10 Aug 2021 from crisil
- Rating update · 30 Jul 2020 from crisil
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 7 Feb 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.
