PI Industries Ltd
PIINDPI Industries Ltd
PIIND
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 38.44 | 7.69 | 0.34% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 31.90 | 3.66 | 1.24% |
Forecast & Ratings
Detailed Forecast from 22 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
PI Industries Limited is engaged in the manufacturing and distribution of agro chemicals.
Peers
Compare with peersPidilite Industries Ltd
SRF Ltd
Godrej Industries Ltd
BASF India Ltd
Tata Chemicals Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,131.82 | 2,313.35 | 2,337.40 | 2,900.40 | 3,416.20 | 4,706.30 | 5,404.50 | 6,657.80 | 7,884.00 | 8,065.80 | ||||||||||
Raw Materials | 1,178.46 | 1,204.07 | 1,161.30 | 1,500.20 | 1,849.60 | 2,671.80 | 3,124.70 | 3,622.40 | 3,841.60 | 5,694.30 | ||||||||||
| Power & Fuel Cost | 60.84 | 69.20 | 75.50 | 91.20 | 112.40 | 127.20 | 153.10 | 190.10 | 232.00 | |||||||||||
| Employee Cost | 193.08 | 222.62 | 243.10 | 264.70 | 320.90 | 416.90 | 490.30 | 537.40 | 730.60 | |||||||||||
| Selling & Administrative Expenses | 145.21 | 159.52 | 174.60 | 195.70 | 206.60 | 223.60 | 304.30 | 361.50 | 452.30 | |||||||||||
| Operating & Other expenses | 85.43 | 66.60 | 127.10 | 210.60 | 157.20 | 119.50 | 81.40 | 236.30 | 381.00 | |||||||||||
EBITDA | 468.80 | 591.34 | 555.80 | 638.00 | 769.50 | 1,147.30 | 1,250.70 | 1,710.10 | 2,246.50 | 2,371.50 | ||||||||||
| Depreciation/Amortization | 54.28 | 73.04 | 83.00 | 93.00 | 136.70 | 174.80 | 201.80 | 226.50 | 308.20 | 321.90 | ||||||||||
| PBIT | 414.52 | 518.30 | 472.80 | 545.00 | 632.80 | 972.50 | 1,048.90 | 1,483.60 | 1,938.30 | 2,049.60 | ||||||||||
| Interest & Other Items | 11.69 | 8.77 | 7.30 | 7.10 | 19.00 | 34.00 | 16.10 | 39.30 | 43.60 | 34.00 | ||||||||||
| PBT | 402.83 | 509.53 | 465.50 | 537.90 | 613.80 | 938.50 | 1,032.80 | 1,444.30 | 1,894.70 | 2,015.60 | ||||||||||
| Taxes & Other Items | 91.28 | 50.09 | 97.90 | 127.70 | 157.20 | 200.20 | 189.00 | 214.80 | 213.20 | 268.20 | ||||||||||
| Net Income | 311.55 | 459.44 | 367.60 | 410.20 | 456.60 | 738.30 | 843.80 | 1,229.50 | 1,681.50 | 1,747.40 | ||||||||||
| EPS | 22.77 | 33.45 | 26.69 | 29.73 | 33.07 | 50.92 | 55.55 | 80.94 | 110.70 | 115.04 | ||||||||||
| DPS | 3.10 | 4.00 | 4.00 | 4.00 | 4.00 | 5.00 | 6.00 | 10.00 | 15.00 | 11.50 | ||||||||||
| Payout ratio | 0.14 | 0.12 | 0.15 | 0.13 | 0.12 | 0.10 | 0.11 | 0.12 | 0.14 | 0.10 |
Company Updates
Investor Presentation
Annual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
MaterialsDiversified Chemicals
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| PI Industries Ltd | 39.95 | 7.69 | 0.34% |
| Pidilite Industries Ltd | 91.97 | 18.46 | 0.51% |
| SRF Ltd | 56.22 | 6.54 | 0.29% |
| Godrej Industries Ltd | 526.27 | 2.09 | — |
Price Comparison
Compare PIIND with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 1.50%
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding PI Industries Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Kotak Emerging Equity Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.7197% | Percentage of the fund’s portfolio invested in the stock 2.36% | Change in the portfolio weight of the stock over the last 3 months 0.05% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 9/80 (+2) |
Axis ELSS Tax Saver Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.4425% | Percentage of the fund’s portfolio invested in the stock 2.61% | Change in the portfolio weight of the stock over the last 3 months 0.14% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 11/95 (+2) |
Axis Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.9631% | Percentage of the fund’s portfolio invested in the stock 2.15% | Change in the portfolio weight of the stock over the last 3 months 0.10% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 12/108 (+1) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Increasing Dividends
PIIND has increased dividends consistently over the last 5 years
Dividend Yield
Current dividend yield is 0.34%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.39 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 20, 2024
Dividend/Share
₹9.00
Ex DateEx Date
Aug 20, 2024
Cash Dividend
Ex DateEx DateFeb 21, 2024
Dividend/Share
₹6.00
Ex DateEx Date
Feb 21, 2024
Cash Dividend
Ex DateEx DateAug 11, 2023
Dividend/Share
₹5.50
Ex DateEx Date
Aug 11, 2023
Cash Dividend
Ex DateEx DateFeb 24, 2023
Dividend/Share
₹4.50
Ex DateEx Date
Feb 24, 2023
Cash Dividend
Ex DateEx DateAug 25, 2022
Dividend/Share
₹3.00
Ex DateEx Date
Aug 25, 2022
P I Industries announced that the acquisition of Plant Health Care Plc, a UK incorporated company traded on AIM, a market operated by the London Stock Exchange by PI Industries Management Consultancies L.L.C., a wholly owned subsidiary of the Company (PI LLC) by means of a court-sanctioned scheme of arrangement has been completed. With effectiveness of the Scheme, Plant Health Care Plc has become wholly owned subsidiary of PI LLC and a step down subsidiary of the Company, on and from 20 August 2024. Powered by Capital Market - Live
Domestic revenues were subdued mainly due to delayed sowing and erratic spread of monsoon although favourable product mix and improved working capital management helped in containing the financial impact. Biologicals products improved growth and revenue increase by about 39% YoY. 14% growth in Agchem exports were mainly driven by volumes and growth of new products, which was 24% YoY. Pharma contributed exports revenue of Rs 25.3 crore, dipped due to supply deferment of a few products. The firm's overheads increase attributable to the scale-up of exports and promotion expenses for the launch of the new products (11%) and newly acquired Pharma businesses (5%). EBITDA improved by 24% to Rs 585.3 crore in Q1 FY25 from Rs 472.6 crore in same quarter last year. Gross margin and EBITA margin for June 2024 quarter were at 52% (up 526 bps YoY) and 28% (up 356 bps YoY), respectively. The company's Gross Margin and EBITDA improved mainly on account of favorable product mix and operating leverage. PI Industries operates in the domestic agricultural inputs and custom synthesis manufacturing (CSM) exports segments. It is a leading player in the domestic agricultural inputs sector, primarily dealing in agrochemicals and plant nutrients. Powered by Capital Market - Live
Net profit of P I Industries rose 17.21% to Rs 448.80 crore in the quarter ended June 2024 as against Rs 382.90 crore during the previous quarter ended June 2023. Sales rose 8.30% to Rs 2068.90 crore in the quarter ended June 2024 as against Rs 1910.40 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales2068.901910.40 8 OPM %28.1924.49 - PBDT649.70515.10 26 PBT566.30445.40 27 NP448.80382.90 17 Powered by Capital Market - Live
PI Industries shares rise 0.55% as Nifty gains
Share price of PI Industries rises as Nifty weakens
Q1 results this week: LIC, Airtel, Vedanta, Eicher Motors, Tata Power and others
PI Industries shares drop 2.31% as Sensex falls
PI Industries shares drop 0.76% as Sensex rises
PI Industries shares gain 0.88% as Sensex rises
PI Industries shares down 0.24% as Nifty gains
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 22.14%, vs industry avg of 10.8%
Increasing Market Share
Over the last 5 years, market share increased from 4.52% to 7.33%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 32.6%, vs industry avg of 5.71%