About
PI Industries Limited, together with its subsidiaries, manufactures and distributes of agricultural chemicals in India, rest of Asia, North America, Europe, and internationally. It operates through Agro Chemicals and Pharma segments. The company offers agrochemicals, including insecticides, fungicides, herbicides, and biologicals; crop solutions for soybeans, chili, sugarcane, rice, wheat, cotton, and corn, as well as horticulture products; and plant nutrients and specialty chemicals. It also provides custom synthesis and manufacturing services to other companies; and pharmaceuticals, medicinal chemical, and botanical products. The company sells its products to farmers, distributors, retailers, and sellers. It also exports its products. PI Industries Limited was incorporated in 1946 and is based in Gurugram, India.
Key Metrics
as of Sep 2026Market Cap37,866 Cr
P/E35.10
Div Yield0.61 %
Book Value₹740.00
52w High₹3,833.00
52w Low₹2,354.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,702.00 | 1,565.00 | 1,376.00 | 1,872.00 | 1,900.00 | 1,787.00 | 1,901.00 | 2,221.00 | 2,069.00 | 1,741.00 | 1,898.00 | 2,117.00 | 1,910.00 |
| Expenses | 1,335.00 | 1,228.00 | 1,073.00 | 1,331.00 | 1,381.00 | 1,332.00 | 1,389.00 | 1,593.00 | 1,486.00 | 1,299.00 | 1,344.00 | 1,566.00 | 1,443.00 |
| Operating Profit | 367.00 | 337.00 | 302.00 | 541.00 | 519.00 | 456.00 | 512.00 | 628.00 | 583.00 | 442.00 | 554.00 | 551.00 | 468.00 |
| OPM % | 22.00 | 22.00 | 22.00 | 29.00 | 27.00 | 25.00 | 27.00 | 28.00 | 28.00 | 25.00 | 29.00 | 26.00 | 24.00 |
| Other Income | 66.00 | 74.00 | 172.00 | 85.00 | 89.00 | 75.00 | 76.00 | 123.00 | 75.00 | 60.00 | 58.00 | 49.00 | 52.00 |
| Depreciation | 104.00 | 107.00 | 105.00 | 98.00 | 96.00 | 90.00 | 99.00 | 80.00 | 83.00 | 80.00 | 78.00 | 80.00 | 70.00 |
| Interest | 8.00 | 4.00 | 6.00 | 3.00 | 4.00 | 8.00 | 8.00 | 8.00 | 8.00 | 11.00 | 7.00 | 8.00 | 4.00 |
| Profit before tax | 322.00 | 300.00 | 363.00 | 525.00 | 507.00 | 432.00 | 481.00 | 663.00 | 566.00 | 411.00 | 526.00 | 512.00 | 445.00 |
| Tax % | 24.00 | 33.00 | 14.00 | 22.00 | 21.00 | 24.00 | 22.00 | 23.00 | 21.00 | 10.00 | 15.00 | 6.00 | 14.00 |
| Net Profit | 244.00 | 200.00 | 311.00 | 409.00 | 400.00 | 330.00 | 373.00 | 508.00 | 449.00 | 370.00 | 449.00 | 480.00 | 383.00 |
| EPS in Rs | 16.10 | 13.20 | 20.52 | 26.98 | 26.36 | 21.78 | 24.57 | 33.50 | 29.58 | 24.35 | 29.57 | 31.67 | 25.24 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6,714.00 | 7,978.00 | 7,666.00 | 6,492.00 | 5,300.00 | 4,577.00 | 3,366.00 | 2,841.00 | 2,277.00 | 2,277.00 | 2,096.00 | 1,940.00 |
| Expenses | 4,982.00 | 5,772.00 | 5,636.00 | 4,948.00 | 4,154.00 | 3,559.00 | 2,647.00 | 2,261.00 | 1,781.00 | 1,722.00 | 1,661.00 | 1,558.00 |
| Operating Profit | 1,732.00 | 2,206.00 | 2,030.00 | 1,544.00 | 1,146.00 | 1,018.00 | 720.00 | 580.00 | 496.00 | 555.00 | 435.00 | 382.00 |
| OPM % | 26.00 | 28.00 | 26.00 | 24.00 | 22.00 | 22.00 | 21.00 | 20.00 | 22.00 | 24.00 | 21.00 | 20.00 |
| Other Income | 414.00 | 345.00 | 216.00 | 166.00 | 105.00 | 129.00 | 50.00 | 58.00 | 60.00 | 36.00 | 34.00 | 35.00 |
| Interest | 43.00 | 56.00 | 44.00 | 39.00 | 16.00 | 34.00 | 19.00 | 7.00 | 7.00 | 9.00 | 12.00 | 12.00 |
| Depreciation | 407.00 | 352.00 | 308.00 | 226.00 | 202.00 | 175.00 | 137.00 | 93.00 | 83.00 | 73.00 | 54.00 | 50.00 |
| Profit before tax | 1,696.00 | 2,142.00 | 1,895.00 | 1,444.00 | 1,033.00 | 938.00 | 614.00 | 538.00 | 466.00 | 510.00 | 403.00 | 355.00 |
| Tax % | 22.00 | 22.00 | 11.00 | 15.00 | 18.00 | 21.00 | 26.00 | 24.00 | 21.00 | 10.00 | 23.00 | 31.00 |
| Net Profit | 1,321.00 | 1,660.00 | 1,682.00 | 1,230.00 | 844.00 | 738.00 | 457.00 | 410.00 | 368.00 | 459.00 | 312.00 | 246.00 |
| EPS in Rs | 87.06 | 109.43 | 110.83 | 81.04 | 55.62 | 48.66 | 33.06 | 29.72 | 26.66 | 33.39 | 22.72 | 18.00 |
| Dividend Payout % | 17.00 | 15.00 | 14.00 | 12.00 | 11.00 | 10.00 | 12.00 | 13.00 | 15.00 | 12.00 | 14.00 | 14.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 |
| Reserves | 11,215.00 | 10,142.00 | 8,716.00 | 7,183.00 | 6,105.00 | 5,327.00 | 2,605.00 | 2,272.00 | 1,911.00 | 1,613.00 | 1,157.00 | 883.00 |
| Borrowings | 342.00 | 184.00 | 191.00 | 46.00 | 316.00 | 373.00 | 519.00 | 49.00 | 83.00 | 120.00 | 151.00 | 115.00 |
| Other Liabilities | 1,832.00 | 1,908.00 | 1,822.00 | 1,235.00 | 1,354.00 | 1,287.00 | 1,087.00 | 820.00 | 618.00 | 554.00 | 626.00 | 622.00 |
| Total Liabilities | 13,405.00 | 12,249.00 | 10,744.00 | 8,480.00 | 7,791.00 | 7,002.00 | 4,225.00 | 3,155.00 | 2,626.00 | 2,301.00 | 1,949.00 | 1,633.00 |
| Fixed Assets | 4,620.00 | 4,209.00 | 3,528.00 | 2,606.00 | 2,452.00 | 2,138.00 | 1,858.00 | 1,186.00 | 998.00 | 945.00 | 874.00 | 533.00 |
| CWIP | 1,030.00 | 550.00 | 278.00 | 132.00 | 114.00 | 288.00 | 271.00 | 183.00 | 90.00 | 77.00 | 71.00 | 133.00 |
| Investments | 1,360.00 | 1,531.00 | 1,336.00 | 1,016.00 | 900.00 | 872.00 | 150.00 | 129.00 | 161.00 | 83.00 | 0.00 | 1.00 |
| Other Assets | 6,395.00 | 5,959.00 | 5,601.00 | 4,726.00 | 4,325.00 | 3,704.00 | 1,946.00 | 1,657.00 | 1,378.00 | 1,196.00 | 1,003.00 | 967.00 |
| Total Assets | 13,405.00 | 12,249.00 | 10,744.00 | 8,480.00 | 7,791.00 | 7,002.00 | 4,225.00 | 3,155.00 | 2,626.00 | 2,301.00 | 1,949.00 | 1,633.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 474.00 | 1,413.00 | 2,036.00 | 1,501.00 | 529.00 | 725.00 | 698.00 | 391.00 | 319.00 | 339.00 | 367.00 | 184.00 |
| Cash from Investing Activity | -612.00 | -1,421.00 | -1,800.00 | -496.00 | -110.00 | -2,430.00 | -985.00 | -322.00 | -180.00 | -235.00 | -303.00 | -146.00 |
| Cash from Financing Activity | -171.00 | -286.00 | -222.00 | -483.00 | -177.00 | 1,690.00 | 350.00 | -125.00 | -106.00 | -53.00 | -48.00 | -53.00 |
| Net Cash Flow | -309.00 | -294.00 | 14.00 | 522.00 | 241.00 | -15.00 | 63.00 | -56.00 | 33.00 | 50.00 | 16.00 | -15.00 |
| Free Cash Flow | -632.00 | 575.00 | 1,417.00 | 1,179.00 | 192.00 | 287.00 | 29.00 | 23.00 | 150.00 | 198.00 | 48.00 | 16.00 |
| CFO/OP % | 48.00 | 81.00 | 119.00 | 114.00 | 61.00 | 87.00 | 112.00 | 88.00 | 84.00 | 83.00 | 106.00 | 79.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 88.00 | 64.00 | 44.00 | 43.00 | 60.00 | 56.00 | 70.00 | 85.00 | 84.00 | 68.00 | 69.00 | 72.00 |
| Inventory Days | 157.00 | 95.00 | 124.00 | 144.00 | 178.00 | 149.00 | 158.00 | 126.00 | 141.00 | 136.00 | 124.00 | 124.00 |
| Days Payable | 125.00 | 117.00 | 119.00 | 86.00 | 115.00 | 113.00 | 117.00 | 121.00 | 115.00 | 90.00 | 115.00 | 116.00 |
| Cash Conversion Cycle | 119.00 | 42.00 | 49.00 | 101.00 | 122.00 | 93.00 | 111.00 | 90.00 | 110.00 | 113.00 | 78.00 | 80.00 |
| Working Capital Days | 120.00 | 67.00 | 48.00 | 70.00 | 93.00 | 72.00 | 70.00 | 87.00 | 89.00 | 72.00 | 54.00 | 43.00 |
| ROCE % | 15.00 | 23.00 | 24.00 | 22.00 | 17.00 | 22.00 | 23.00 | 25.00 | 25.00 | 34.00 | 36.00 | 41.00 |
Corporate Actions
41 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 07 Aug 2026 | 07 Aug 2026 | — | 10.00 | |
| Dividend | 23 Feb 2026 | 23 Feb 2026 | — | 5.00 | |
| Dividend | 07 Aug 2025 | 07 Aug 2025 | — | 10.00 | |
| Dividend | 14 Feb 2025 | 14 Feb 2025 | — | 6.00 | |
| Dividend | 20 Aug 2024 | 20 Aug 2024 | — | 9.00 | |
| Other | 20 Aug 2024 | — | — | — | Annual General Meeting |
| Dividend | 21 Feb 2024 | 21 Feb 2024 | — | 6.00 | |
| Dividend | 11 Aug 2023 | 11 Aug 2023 | — | 5.50 | |
| Dividend | 24 Feb 2023 | 24 Feb 2023 | — | 4.50 | |
| Dividend | 25 Aug 2022 | — | — | 3.00 | |
| Dividend | 14 Feb 2022 | 15 Feb 2022 | — | 3.00 | |
| Dividend | 06 Sep 2021 | — | — | 2.00 | |
| Dividend | 11 Feb 2021 | 12 Feb 2021 | — | 3.00 | |
| Dividend | 17 Sep 2020 | — | — | 1.00 | |
| Dividend | 24 Feb 2020 | 25 Feb 2020 | — | 3.00 | |
| Dividend | 29 Aug 2019 | — | — | 1.50 | |
| Dividend | 09 Nov 2018 | 12 Nov 2018 | — | 2.50 | |
| Dividend | 30 Jul 2018 | — | — | 2.50 | |
| Dividend | 09 Nov 2017 | 10 Nov 2017 | — | 1.50 | |
| Dividend | 30 Aug 2017 | — | — | 2.50 | |
| Dividend | 16 Nov 2016 | 17 Nov 2016 | — | 1.50 | |
| Other | 31 Aug 2016 | — | — | — | Annual General Meeting |
| Dividend | 22 Mar 2016 | 23 Mar 2016 | — | 1.90 | |
| Dividend | 17 Nov 2015 | 18 Nov 2015 | — | 1.20 | |
| Dividend | 08 Sep 2015 | — | — | 1.30 | |
| Dividend | 13 Nov 2014 | 14 Nov 2014 | — | 1.20 | |
| Dividend | 03 Sep 2014 | — | — | 1.00 | |
| Dividend | 21 Feb 2014 | 24 Feb 2014 | — | 0.50 | |
| Dividend | 19 Aug 2013 | — | — | 0.50 | NSE/BSE dividend mismatch: BSE/NSE=1.0; BSE/NSE=0.5 |
| Dividend | 19 Aug 2013 | — | — | 1.00 | NSE/BSE dividend mismatch: BSE/NSE=1.0; BSE/NSE=0.5 |
| Split | 12 Apr 2013 | 15 Apr 2013 | 5:1 | — | |
| Dividend | 05 Sep 2012 | — | — | 3.00 | |
| Dividend | 17 Nov 2011 | 18 Nov 2011 | — | 2.00 | |
| Split | 17 Aug 2011 | 19 Aug 2011 | 10:5 | — | |
| Dividend | 08 Jul 2011 | — | — | 4.00 | |
| Dividend | 08 Jul 2010 | — | — | 2.00 | |
| Bonus | 08 Jul 2010 | — | 1:2 | — | |
| Bonus | 25 Mar 2009 | 08 Apr 2009 | 1:1 | — | |
| Dividend | 17 Mar 2005 | 29 Mar 2005 | — | 1.80 | |
| Dividend | 08 Jul 2004 | — | — | 1.80 | |
| Dividend | 28 Aug 2002 | — | — | 0.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update21 Jul from crisil
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Rating update24 Apr 2025 from crisil
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Rating update30 Jan 2024 from crisil
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Rating update2 Nov 2022 from crisil
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Rating update10 Aug 2021 from crisil
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Rating update30 Jul 2020 from crisil
Conference Calls
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