PIIND

Pi Industries Share PricePI Industries

₹3,869.45
25.95 (0.68%)
As on 11 December, 2023 | 18:45 BSE: 523642 NSE: PIINDISIN: INE603J01030

Pi Industries Performance

Day Range

  • Low 3,832.25
  • High 3,899.00
₹ 3,869.45

52 Week Range

  • Low 2,868.90
  • High 4,011.15
₹ 3,869.45
  • Open Price3,843.50
  • Previous Close3,843.50
  • Volume221981

Start SIP in PI Industries

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Pi Industries Share Price

  • Over 1 Month 4.94%
  • Over 3 Month 5.21%
  • Over 6 Month 6.89%
  • Over 1 Year 12.07%

Pi Industries Key Statistics

P/E Ratio 39.2
PEG Ratio 0.9
Market Cap Cr 58,707
Price to Book Ratio 8.2
EPS 79.9
Dividend 0.3
Relative Strength Index 66.53
Money Flow Index 62.79
MACD Signal 76.78
Average True Range 77.44

Pi Industries Investment Rating

  • Master Rating:
  • Pi Industries has an operating revenue of Rs. 7,206.10 Cr. on a trailing 12-month basis. An annual revenue growth of 23% is outstanding, Pre-tax margin of 22% is great, ROE of 17% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 7% and 10% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 3% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 95 which is a GREAT score indicating consistency in earnings, a RS Rating of 39 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 104 indicates it belongs to a poor industry group of Chemicals-Agricultural and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

PI Industries Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,9691,8291,5061,5711,6961,4971,350
Operating Expenses Qtr Cr 1,4151,3541,1721,1531,2731,1601,047
Operating Profit Qtr Cr 553475334418423337302
Depreciation Qtr Cr 63595656555552
Interest Qtr Cr 22391133
Tax Qtr Cr 80664950625064
Net Profit Qtr Cr 465395279353327252205
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 6,4295,177
Operating Expenses Annual Cr 4,7503,966
Operating Profit Annual in Cr 1,5201,111
Depreciation Cr 222198
Interest Annual Cr 3612
Tax Annual Cr 210181
Net Profit Annual Cr 1,211820
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 1,502485
Cash from Investing Activity Annual Cr -576-104
Cash from Financing Annual Activity Cr -431-175
Net Cash Flow Annual Cr 495207
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 7,0976,039
Fixed Assets Annual Cr 2,6432,537
Total Non Current Assets Annual Cr 2,9252,923
Total Current Assets Annual Cr 5,4114,705
Total Assets Annual Cr 8,3367,628
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 467397
ROE Annual % 1714
ROCE Annual % 2016
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2724
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 2,1171,9101,5661,6131,7701,5431,395
Operating Expenses Qtr Cr 1,5661,4431,2231,1981,3381,1981,090
Operating Profit Qtr Cr 551468343415432346305
Depreciation Qtr Cr 80705857565654
Interest Qtr Cr 84391143
Tax Qtr Cr 32635248635265
Net Profit Qtr Cr 481383281352335262204
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 6,6515,401
Operating Expenses Annual Cr 4,9504,157
Operating Profit Annual in Cr 1,5421,142
Depreciation Cr 227202
Interest Annual Cr 3713
Tax Annual Cr 215189
Net Profit Annual Cr 1,230844
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 1,501529
Cash from Investing Activity Annual Cr -496-110
Cash from Financing Annual Activity Cr -483-177
Net Cash Flow Annual Cr 522241
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 7,1996,120
Fixed Assets Annual Cr 2,6552,484
Total Non Current Assets Annual Cr 2,8172,827
Total Current Assets Annual Cr 5,6624,964
Total Assets Annual Cr 8,4807,791
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 474403
ROE Annual % 1714
ROCE Annual % 2016
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2623

Pi Industries Technicals

EMA & SMA

Current Price
₹3,869.45
25.95 (0.68%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹3,756.83
  • 50 Day
  • ₹3,657.72
  • 100 Day
  • ₹3,605.33
  • 200 Day
  • ₹3,510.73
  • 20 Day
  • ₹3,763.26
  • 50 Day
  • ₹3,577.39
  • 100 Day
  • ₹3,614.49
  • 200 Day
  • ₹3,490.08

Pi Industries Resistance and Support

PIVOT
₹3,866.9
Resistance
First Resistance 3,901.55
Second Resistance 3,933.65
Third Resistance 3,968.30
RSI 66.53
MFI 62.79
MACD Single Line 76.78
MACD 80.17
Support
First Resistance 3,834.80
Second Resistance 3,800.15
Third Resistance 3,768.05

Pi Industries Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 226,911 13,653,235 60.17
Week 326,298 21,525,879 65.97
1 Month 281,846 16,158,208 57.33
6 Month 289,323 15,232,858 52.65

Pi Industries Result Highlights

PI Industries Synopsis

NSE-Chemicals-Agricultural

Pi Industries belongs to the Industry of Agro Chemicals/Pesticides. Company’s Total Operating Revenue is Rs. 6270.40 Cr. and Equity Capital is Rs. 15.20 Cr. for the Year ended 31/03/2023. PI Industries Ltd. is a Public Limited Listed company incorporated on 31/12/1946 and has its registered office in the State of Rajasthan, India. Company’s Corporate Identification Number(CIN) is L24211RJ1946PLC000469 and registration number is 000469.
Market Cap 58,752
Sales 6,875
Shares in Float 8.19
No of funds 763
Yield 0.26
Book Value 8.23
U/D Vol ratio 1.3
LTDebt / Equity 3
Alpha -0.01
Beta 0.97

PI Industries

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 46.09%46.09%46.09%46.09%
Mutual Funds 17.26%16.79%16.4%16.37%
Insurance Companies 4.74%6.12%6.91%7.27%
Foreign Portfolio Investors 20.01%19.17%18.59%18.6%
Financial Institutions/ Banks 0.1%0.02%
Individual Investors 8.1%8.37%8.31%8.18%
Others 3.7%3.44%3.7%3.49%

PI Industries Management

Name Designation
Mr. Salil Singhal Chairperson Emeritus
Mr. Narayan K Seshadri Non Exe. Non Ind Chairperson
Mr. Mayank Singhal Vice Chairman & Mng.Director
Mr. Rajnish Sarna Joint Managing Director
Mr. Arvind Singhal Non Exe.Non Ind.Director
Mr. Shobinder Duggal Independent Director
Ms. Pia Singh Independent Director
Dr. T S Balganesh Independent Director
Ms. Lisa J Brown Independent Director

Pi Industries Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Pi Industries Corporate Action

Date Purpose Remarks
2023-11-08 Quarterly Results
2023-08-09 Quarterly Results
2023-05-18 Audited Results & Final Dividend
2023-02-14 Quarterly Results & Interim Dividend
2022-11-08 Quarterly Results
Date Purpose Remarks
2023-08-11 FINAL Rs.5.50 per share(550%)Final Dividend
2023-02-24 INTERIM Rs.4.50 per share(450%)Interim Dividend
2022-02-15 INTERIM Rs.3.00 per share(300%)Interim Dividend
2021-02-12 INTERIM Rs.3.00 per share(300%)Interim Dividend

PI Industries MF Shareholding

Name Amount(cr)
HDFC Balanced Advantage Fund Growth 63,981
ICICI Prudential Balanced Advantage Fund Growth 49,871
SBI Bluechip Fund Regular Growth 38,598
Mirae Asset Large Cap Fund Regular Growth 34,377
Kotak Emerging Equity Scheme Growth 33,700

About Pi Industries

PI Industries Ltd. was founded in 1946 with a unique business model in the Agrichem value chain domain with a core business involving R&D and distribution of agrochemical products. For over 70 years, PI has been the leading and the fastest-growing Agri Sciences Company and amongst the top 10 in Custom Synthesis, developing innovative products and crop protection solutions globally with set-ups in India, China, Japan, and Germany.

They are known for their technological capabilities in Chemistry/Engineering and have built leading brands over the last 75 years with more than 70,000 retail points pan India. They are known for their Corporate Governance, Sustainability and IT systems. Their penchant for continually revolutionizing the Agri Input space has increased productivity, enhanced output, and created economic value for millions of farmers for a better life. 

Business Verticals

PI Industries Limited produces various products, like insecticides, herbicides and fungicides, and specialized products like BioVita Granules, Bio Vita Liquid, Super Spreader and Humesol. It offers research and development services, custom synthesis and manufacturing solutions, and distribution services which requires bio-efficacy research, studies on residues, toxicity research, evaluation of geographical potential/fit, product promotional activities and campaign and crop diversification/development of combinations.

PI Industries Limited produces agricultural inputs & fine chemicals. They also produce fine chemicals, crop protection, plant nutrients and seeds, and engineering plastics for automotive, electrical, and home appliance industries. The company also provides polymer solutions to manufacturers of food packaging, industrial products, building materials, personal care products and pharmaceuticals. 

Milestones

1946
Founded as Mewar Oil & General Mills Ltd.

1947 - 1980

  • They established a marketing network in India.
  • Agchem technical plant installed Diversified into mining and mineral processing business Wolkem India Ltd was later spun off as a separate company.
  • Achieved Agchem formulation's first export.
  • AgChem formulation and marketing began under the VEGFRU brand.

1980 - 2000

  • PI Industries Ltd was renamed.
  • Introduced Polymer Compounding Diversification.
  • Custom synthesis and manufacturing have been added to the mix.
  • Diversified into energy metering and was later renamed Secure Meters Ltd.
  • Established a manufacturing facility in Panoli (Gujarat).
  • Introduced Phorate Technical Plant Installation.
  • Established a complete Agchem Manufacturing Unit in the Middle East.
  • The company’s shares got listed at BSE Ltd.

2000 - 2005

  • Divested polymer business. 
  • Expansion of R&D Center in Udaipur.
  • Launch of Jammu Formulation Plant.

2005 - 2012

  • A new manufacturing site in Jambusar, Gujarat, has been successfully commissioned. 
  • Divested Polymer Compounding Business.
  • Expansion of Custom Synthesis & Manufacturing (CSM) Facilities (Built two new MPPs in Panoli).

2015 - 2016

  • Founded Solinnos Agro in collaboration with Mitsui Chemicals Agro (MCAG).
  • Built a cutting-edge research and development facility (P. P Singhal Research Centre at Udaipur, Rajasthan).
  • Vadodara (Gujarat) now has a new operations office.
  • SAP Hana has been upgraded.
  • Jambusar (Gujarat) has two world-class multi-product plants.

2017 - PI Industries and Kumiai Chemical Industry Co. Ltd. form a joint venture in India.

2018

  • COSKO marks the company's entry into the sugarcane crop protection market.
  • The iconic brand "NOMINEE GOLD" celebrates its tenth anniversary.

2019 

  • It acquired  Isagro Asia Agrochemicals Private Ltd.
  • Commissioning of multi-product facility at Jambusar Site.
  • Entry into agri-solutions such as mechanised spray machines.
  • Panoli Manufacturing Unit Celebrates Its Silver Jubilee.

2020

  • It raised INR 20,000 million through QIP
  • MPP 11 has been commissioned.
  • PI Enzachem Private Limited and PI Fermachem Private Limited were established as new subsidiaries.
  • Entry into the pharmaceutical industry.
  • The organization is fully compliant with ISO 27001:2013 certification.
  • 100 years of P.P Singhal.

2021

  •  PI’s 75th Anniversary Celebration. 
  • Isagro (Asia) was successfully integrated, and two new manufacturing facilities were operationalized. 
  • Isagro's B2C business was divested to Jivagro.

PI Industries FAQs

What is Share Price of PI Industries ?

PI Industries share price is ₹3,869 As on 11 December, 2023 | 18:31

What is the Market Cap of PI Industries ?

The Market Cap of PI Industries is ₹58706.6 Cr As on 11 December, 2023 | 18:31

What is the P/E ratio of PI Industries ?

The P/E ratio of PI Industries is 39.2 As on 11 December, 2023 | 18:31

What is the PB ratio of PI Industries ?

The PB ratio of PI Industries is 8.2 As on 11 December, 2023 | 18:31

What were the company's most recent reported sales and net income?

PI Industries Ltd recorded net sales of INR 5300 crores in its financials for the year ending March 2022.

What is the future of the company's shares?

PI Industries boasts of a healthy order book that provides long-term revenue growth visibility. PI Industries ranks high on analysts’ recommendations.

How to buy shares of P I Industries Ltd?

The company's shares can be bought online or offline by opening a Demat account with 5Paisa and verifying the KYC documents.

Q2FY23