PI Industries
- Market cap
- ₹ 31,092 Cr.
- P/E
- 28.9x
- P/B
- 2.81x
- 52-week range
- 2,005.2 – 3,832.9
- ROE
- 11%
- ROCE
- 15%
- Dividend yield
- 0.7%
- Debt / equity
- 0.03
- Sector
- Fertilizers & Agrochemicals
- Industry
- Pesticides & Agrochemicals
- Listed on
- NSE, BSE
About
PI Industries Limited is a holding company, which is engaged in the manufacturing and distribution of agrochemicals. It operates through two segments: Agrochemicals and Pharma. The Company's agrochemical product portfolio includes insecticides, such as KEEFUN, COLT, OSHEEN, COLFOS, FOSMITE, FLUTON, JUMBO, and SNAILKILL, among others; fungicides, including KITAZIN, SANIPEB, CLUTCH, HEADER, VISMA, SHIELD, and WAGON; herbicide lineup products like SOLARO, WICKET, NOMINEE GOLD, PIMIX, LEGACEE, MELSA, and ELITE. Furthermore, the Company's specialty products include BIOVITA GRANULES, BIOVITA LIQUID, SUPER SPREADER, and HUMESOL. It provides services such as Research and Development (R&D), Custom Synthesis and Manufacturing Solutions (CSM), and Distribution Services. Its subsidiaries are Jivagro Limited, PI Health Sciences Limited, PI Life Science Research Limited, PI Japan Co. Limited, PILL Finance and Investments Limited, PI Bioferma Private Limited, and PI Fermachem Private Limited.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Pesticides & Agrochemicals: 33 companies →PI Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)28.9 against a typical 23.3: pricier than most peers (1st = cheapest).22nd of 33
- Sales growth−10.4% against a typical −4.5% from a year earlier.21st of 31
- Profit growth−39% against a typical +15.2% from a year earlier.24th of 25
- Share price, 3 months−25.4% against a typical −15.5%.28th of 32
- Size₹ 31,091.6 Cr. market value against a typical ₹ 883.3 Cr. (1st = largest).2nd of 31
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA+ by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AA+ | Stable | 21 Jul 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 21 Jul 2026 | Reaffirmed | Crisil AA+ | — | CRISIL | ₹ 840 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 4 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 11 Aug 2026 | Financial Results | To consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026 |
| 19 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and recommendation of final dividend on equity shares, if any, for the financial year 2025-26. |
| 12 Feb 2026 | Financial Results/Dividend | To consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended December 31, 2025 and Declaration of interim dividend, if any, for the financial year 2025-26 |
| 11 Nov 2025 | Financial Results | To consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 along with the limited review reports thereon. |
| 12 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 19 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | 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 | 33.5 | 24.57 | 21.78 | 26.36 | 26.98 | 20.52 | 13.2 | 16.1 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 12%
- 5 Years
- 8%
- 3 Years
- 1%
- TTM
- −17%
- 10 Years
- 14%
- 5 Years
- 10%
- 3 Years
- −1%
- TTM
- −33%
- 10 Years
- 12%
- 5 Years
- −5%
- 3 Years
- −12%
- TTM
- —
- 10 Years
- 17%
- 5 Years
- 16%
- 3 Years
- 16%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| PI Industries | ₹ 2,055.00 | ₹ 31,092 Cr. | 28.9x | 2.8x | 11% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 99.6x | 26.6x | 31.4% | 17.7% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 23.8% | 16.9% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.6x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 110.5x | 14.2x | 13.6% | 21.7% |
Management
- Mayank Singhal
- Executive Vice Chairman of the Board, Managing Director
- Sanjay Agarwal
- Group Chief Financial Officer and Head- Strategy and Integrated Development Cell
- Shruti Ratnakar Joshi
- Compliance Officer, Company Secretary
- Atul Kumar Gupta
- Additional Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.