1. India Stocks

  2. •

    Process industries

  3. •

    Chemicals: specialty
PI Industries Limited

PI Industries Limited

2,074.90
INR
-28.10
(-1.34%)
76.80EPS
33.27P/E
387.62BMarket Cap
Nov 14Next Earn
PI Industries Limited
NSE:PIIND
(National Stock Exchange of India)

Recent

price

2,074.90

P/E

ratio

33.27

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
64.62
14.05
90.26
116.78
142.05
151.69
163.45
163.16
202.4
239.55
305.61
349.51
425.79
501.78
520.98
439.66
429.53
Revenue per Share
5.86
1.66
7.65
13.84
18.03
22.77
33.46
26.72
29.74
33.08
49.92
55.65
81.06
110.85
109.44
87.06
76.8
Basic EPS, GAAP
-6.85
-0.2
8.02
16.12
13.5
26.81
24.67
23.22
28.33
1.74
19.33
12.64
77.47
93.31
37.11
-42.44
- -
Free Cash Flow per Basic Share
0.13
0.16
0.59
2
2.2
5.3
1.81
4.81
6.02
5.42
4.1
5
7.5
11.5
15
15.02
- -
Dividend per Share
19.1
25.99
39.25
51.03
67.1
85.39
118.27
139.57
165.57
189.64
352.33
403.56
474.6
575.57
669.53
740.28
- -
Book Value per Share
18.94
25.58
38.7
50.24
66.07
84.12
116.35
137.55
163.04
178.25
342.01
392.33
462.67
530.81
599.89
660.11
- -
Tangible Book Value per Share
111
624
127
136
136
137
137
138
138
138
148
152
152
152
152
152
152
Basic Weighted Avg Shares
7,177
8,770
11,484
15,869
19,370
20,756
22,446
22,446
27,920
33,066
45,200
52,995
64,582
76,116
79,034
66,699
65,155
Sales/Revenue/Turnover
15.32
15.22
14.03
16.64
17.17
18.35
21.48
18.4
17.44
17.63
18.79
17.75
20.61
22.87
24.48
20.42
17.86
Operating Margin (%)
157
173
220
316
498
543
730
830
930
1,367
1,748
2,018
2,265
3,082
3,525
4,066
4,138
Depreciation Expense
651
1,036
973
1,880
2,459
3,116
4,594
3,676
4,102
4,566
7,383
8,438
12,295
16,815
16,602
13,208
11,650
Net Income, GAAP
28.77
27.77
32.88
28.05
30.78
22.66
9.83
21.03
23.74
25.61
21.33
18.3
14.87
11.25
22.49
22.13
22.87
Effective Tax Rate (%)
9.07
11.81
8.48
11.85
12.69
15.01
20.47
16.38
14.69
13.81
16.33
15.92
19.04
22.09
21.01
19.8
17.88
Profit Margin (%)
78
899
1,319
2,251
2,621
3,647
6,666
8,481
8,794
9,082
32,361
36,157
44,805
49,679
52,245
57,180
- -
Working Capital
590
1,191
851
501
167
1,224
830
463
99
4,312
2,858
1,980
324
1,055
1,237
2,212
- -
LT Debt
2,137
3,254
5,317
6,945
9,165
11,709
16,272
19,248
22,854
26,191
53,424
61,204
71,985
87,310
101,570
112,305
- -
Total Equity
27.14
28.15
16.4
23.96
24.38
24.92
28.48
17.51
17.25
15.96
15.12
12.74
16.45
18.98
15.3
10.21
- -
Return on Invested Capital (%)
27.14
27.78
16.82
25.04
27.3
27.07
30.34
19.79
19.06
17.04
17.08
14.06
18.43
21.13
17.5
12.17
- -
Return on Capital (%)
35.35
38.43
22.71
30.66
30.53
29.85
32.84
20.7
19.49
18.62
18.55
14.72
18.46
21.11
17.58
12.35
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,211
- -
LT Borrowings
- -
1,490
- -
LT Finance Leases
- -
722
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
152
152
152
Market Capitalization
491,245
412,459
387,624

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
74,947
- -
Cash, Cash Equivalents & STI
- -
35,027
- -
Accounts Receivable, Net
- -
16,108
- -
Inventories
- -
12,167
- -
Total Current Liabilities
- -
17,767
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,211
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.49%
16.07%
10.57%
Free Cash Flow
123.26%
45.24%
-214.37%
Net Income, GAAP
18.71%
15.01%
-20.44%
Sales/Revenue/Turnover
- -
9.04%
-15.61%
Total Cash Common Dividend
25.63%
31.77%
0.13%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
20,689
22,210
19,008
17,871
79,034
2026
19,005
18,723
13,757
15,652
66,699
2027
17,023
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
29.59
33.51
24.55
21.79
109.44
2026
26.37
26.98
20.52
13.2
87.06
2027
16.1
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
15
2026
- -
- -
- -
- -
15.02
2027
- -
- -
- -
- -
- -
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Business
PI Industries Limited operates as an integrated agrisciences enterprise, engaged in the development, manufacturing, and distribution of diverse chemical solutions across India, other parts of Asia, North America, and Europe, serving international markets. The company’s primary focus includes a comprehensive range of crop protection products such as insecticides, fungicides, and herbicides, alongside specialty plant nutrient offerings and biostimulants. Notable brands within their agrochemical portfolio encompass Osheen, Biovita, Nominee Gold, and Humesol. Beyond its branded agricultural inputs, PI Industries is a prominent provider of Custom Synthesis and Manufacturing (CSM) solutions. This segment offers extensive services, from process research and development to analytical method validation, scale-up studies, and commercial-scale production of advanced intermediates and specialized fine chemicals for global innovators. The company is recognized for its strong emphasis on intellectual property protection and a non-compete business model, fostering partnerships with leading international firms. In a strategic expansion, PI Industries has diversified into the pharmaceutical contract development and manufacturing organization (CDMO) sector through its subsidiary, PI Health Sciences Limited. This move, supported by acquisitions including Therachem Research Medilab and Archimica S.p.A., enables the company to provide contract research, CDMO, and active pharmaceutical ingredient (API) solutions, leveraging its expertise in complex chemistry for medicinal chemistry and drug discovery across regulated markets in India, the US, and Europe. The company also maintains robust research and development capabilities, driving innovation from target identification and molecule design to biological evaluation and synthetic route development. PI Industries continually enhances its operational footprint with multiple manufacturing facilities across India and is actively integrating new technologies like drones in agricultural applications while pursuing partnerships in biocontrol technologies. The distribution of its products occurs through an extensive network of distributors, dealers, and retailers. Originally incorporated in 1946 as Mewar Oil & General Mills Ltd., PI Industries Limited is headquartered in Gurugram, India.