₹2,631.8
▲ +12.57 +0.48%
17 Jul 2026
NSE Listed
PI Industries Ltd. (PIIND)
Volume: 2,00,162Avg Vol 1W: 2,16,276.6Avg Vol 1M: 3,20,087.2552W Range:₹2,527₹4,330
Key Ratios
Checked 19h agoMarket Cap₹39,740 Cr
Current Price₹2,631.8
Previous Close₹2,619.23
High / Low (52w)₹4,330 / ₹2,527
Volume2,00,162
Avg Vol (1W)2,16,276.6
Avg Vol (1M)3,20,087.25
Stock P/E198.43
Book Value₹738.85
Dividend Yield0.5%
ROE11.8%
ROA9.8%
Revenue (TTM)₹8,322 Cr
Revenue Growth4.1%
Profit Margin19.7%
Total Debt₹78 Cr
Shares Outstanding15 Cr
Face Value₹1
EPS (TTM)₹13.2
P/B3.55
Debt / Equity0.03
50 DMA₹2,755.16
200 DMA₹3,116.96
Day change+0.48%
Price Chart
₹2,631.8▼ 35.88% · 1Y
2025-07-162026-07-15
20-day avg volume: 3.2L shares
Pros
- Company is almost debt-free.
Cons
- Revenue fell 19% YoY.
- Stock trades at a high P/E of 198.
Quarterly Results
| Metric | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2,069 Cr | ₹2,221 Cr | ₹1,901 Cr | ₹1,787 Cr | ₹1,901 Cr | ₹1,872 Cr | ₹1,376 Cr | ₹1,565 Cr |
| EBITDA | ₹573 Cr | ₹671 Cr | ₹489 Cr | ₹439 Cr | ₹509 Cr | ₹526 Cr | ₹264 Cr | ₹306 Cr |
| Net Profit | ₹449 Cr | ₹508 Cr | ₹373 Cr | ₹331 Cr | ₹400 Cr | ₹409 Cr | ₹311 Cr | ₹200 Cr |
| EPS | — | — | — | — | — | — | — | — |
Profit & Loss (Annual)
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2,337 Cr | ₹2,900 Cr | ₹3,415 Cr | ₹4,702 Cr | ₹5,401 Cr | ₹6,651 Cr | ₹7,874 Cr | ₹8,322 Cr |
| EBITDA | ₹471 Cr | ₹543 Cr | ₹630 Cr | ₹962 Cr | ₹1,042 Cr | ₹1,475 Cr | ₹1,914 Cr | ₹2,171 Cr |
| Net Profit | ₹368 Cr | ₹410 Cr | ₹457 Cr | ₹738 Cr | ₹844 Cr | ₹1,230 Cr | ₹1,682 Cr | ₹1,660 Cr |
| EPS | 26.67 | 29.73 | 33.08 | 49.89 | 55.62 | 81.04 | 110.83 | 109.42 |
Balance Sheet
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹2,626 Cr | ₹3,155 Cr | ₹4,225 Cr | ₹7,002 Cr | ₹7,791 Cr | ₹8,480 Cr | ₹10,764 Cr | ₹12,277 Cr |
| Total Liabilities | ₹702 Cr | ₹869 Cr | ₹1,606 Cr | ₹1,660 Cr | ₹1,671 Cr | ₹1,281 Cr | ₹2,033 Cr | ₹2,120 Cr |
| Equity | ₹1,925 Cr | ₹2,285 Cr | ₹2,619 Cr | ₹5,342 Cr | ₹6,120 Cr | ₹7,199 Cr | ₹8,731 Cr | ₹10,157 Cr |
| Total Debt | — | — | — | — | — | — | — | — |
Cash Flow
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating | ₹416 Cr | ₹509 Cr | ₹803 Cr | ₹890 Cr | ₹704 Cr | ₹1,757 Cr | ₹2,411 Cr | ₹1,797 Cr |
| Investing | ₹-180 Cr | ₹-322 Cr | ₹-985 Cr | ₹-2,430 Cr | ₹-110 Cr | ₹-496 Cr | ₹-1,800 Cr | ₹-1,424 Cr |
| Financing | ₹-106 Cr | ₹-125 Cr | ₹350 Cr | ₹1,690 Cr | ₹-177 Cr | ₹-483 Cr | ₹-222 Cr | ₹-286 Cr |
| Free Cash Flow | ₹416 Cr | ₹509 Cr | ₹803 Cr | ₹890 Cr | ₹704 Cr | ₹1,757 Cr | ₹2,411 Cr | ₹1,797 Cr |
Shareholding
Promoter 46.09% Institutions 47.21% Public 6.7%
Efficiency & Working Capital
ROCE25.3%
Interest Coverage39.1
Dividend Payout—
Debtor Days64 d
Inventory Days45 d
Payable Days55 d
Cash Conversion Cycle54 d
Working Capital Days109 d
Shareholding Details
As of 2026-03-31
Promoter46.1%
FII15.9%
DII31.3%
Institutions47.2%
Public6.7%
Promoter Pledge0%
No. of Shareholders1,33,299
Shareholding Pattern
Quarterly — figures in %. Latest 12 quarters.
| Period | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 46.1% | 46.1% | 46.1% | 46.1% | 46.1% | 46.1% | 46.1% | 46.1% | 46.1% | 46.1% | 46.1% | 46.1% |
| FIIs | 19.2% | 20% | 20.4% | 20.3% | 18.8% | 19% | 18.5% | 18.1% | 17% | 16.4% | 16% | 15.9% |
| DIIs | 23.9% | 23.3% | 21.9% | 24.3% | 26% | 26.4% | 27.2% | 27.6% | 29.4% | 30.4% | 31.1% | 31.3% |
| Public | 10.8% | 10.6% | 11.6% | 9.3% | 9.2% | 8.5% | 8.2% | 8.3% | 7.6% | 7.1% | 6.9% | 6.7% |
| Promoter Pledge | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| No. of Shareholders | 1,41,092 | 1,58,268 | 1,84,515 | 1,57,991 | 1,56,790 | 1,50,190 | 1,57,993 | 1,67,265 | 1,50,401 | 1,37,932 | 1,34,860 | 1,33,299 |
Returns History (ROE / ROCE / ROA)
| Period | ROE | ROCE | ROA | P/E |
|---|---|---|---|---|
| 202503 | — | — | — | — |
Major Shareholders (>1%)
| Name | Category | Stake | Shares |
|---|---|---|---|
| Mayank Singhal | Shareholding of Promoter and Promoter Group | 20.5% | 3.10 Cr |
| Madhu Singhal | Shareholding of Promoter and Promoter Group | 9.4% | 1.43 Cr |
| Icici Prudential Balanced Advantage Fund | Public Shareholding | 7% | 1.06 Cr |
| Life Insurance Corporation Of India - P & Gs Fund | Public Shareholding | 6.9% | 1.05 Cr |
| Shefali Khushalani Jointly With Madhu Singhal(trustees Of Domane Family Trust) | Shareholding of Promoter and Promoter Group | 4.1% | 61,50,182 |
| Shefali Khushalani Jointly With Madhu Singhal(trustees Of Rcane Family Trust) | Shareholding of Promoter and Promoter Group | 4.1% | 61,50,182 |
| Pooja Singhal Jointly With Shefali Khushalani(trustees Of Beta Family Trust) | Shareholding of Promoter and Promoter Group | 4.1% | 61,50,000 |
| Pooja Singhal Jointly With Shefali Khushalani(trustees Of Alpha Family Trust) | Shareholding of Promoter and Promoter Group | 4.1% | 61,50,000 |
| Kotak Mahindra Trustee Co Ltd A/c Kotak Nifty Midc | Public Shareholding | 2.3% | 34,22,008 |
| Axis Mutual Fund Trustee Limited A/c Axis Mutual F | Public Shareholding | 2% | 30,69,291 |
| Mirae Asset Large & Midcap Fund | Public Shareholding | 1.9% | 28,63,917 |
| Sbi Arbitrage Opportunities Fund | Public Shareholding | 1.4% | 21,57,577 |
| Tata Mutual Fund - Tata Aggressive Hybrid Fund | Public Shareholding | 1.4% | 21,20,515 |
| Canara Robeco Mutual Fund A/c Canara Robeco Multi | Public Shareholding | 1.3% | 18,89,058 |
| Aditya Birla Sun Life Trustee Private Limited A/c | Public Shareholding | 1% | 15,27,714 |
| Uti Children's Equity Fund | Public Shareholding | 1% | 15,38,533 |
| Salil Singhal | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Pooja Singhal | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Salil Singhal (trustee In Svvk Family Benefit Trust) | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Shefali Khushalani | Shareholding of Promoter and Promoter Group | 0% | 0 |
Promoter Pledges
| Holder | Pledged Shares | % of Holding | As of |
|---|---|---|---|
| Madhu Singhal | 0 | 0% | 2026-03-31 |
| Mayank Singhal | 0 | 0% | 2026-03-31 |
| Salil Singhal | 0 | 0% | 2026-03-31 |
| Shefali Khushalani Jointly With Madhu Singhal(trustees Of Domane Family Trust) | 0 | 0% | 2026-03-31 |
| Shefali Khushalani Jointly With Madhu Singhal(trustees Of Rcane Family Trust) | 0 | 0% | 2026-03-31 |
| Pooja Singhal Jointly With Shefali Khushalani(trustees Of Beta Family Trust) | 0 | 0% | 2026-03-31 |
| Pooja Singhal Jointly With Shefali Khushalani(trustees Of Alpha Family Trust) | 0 | 0% | 2026-03-31 |
| Pooja Singhal | 0 | 0% | 2026-03-31 |
| Salil Singhal (trustee In Svvk Family Benefit Trust) | 0 | 0% | 2026-03-31 |
| Shefali Khushalani | 0 | 0% | 2026-03-31 |
| Mirae Asset Large & Midcap Fund | 0 | 0% | 2026-03-31 |
| Axis Mutual Fund Trustee Limited A/c Axis Mutual F | 0 | 0% | 2026-03-31 |
Board of Directors
| Name | Designation | Year |
|---|---|---|
| Salil Singhal | Chairman Emeritus | 2025 |
| Mayank Singhal | Vice Chairman & Managing Director | 2025 |
| Narayan K Seshadri | Chairman (Non-Executive) | 2025 |
| Rajnish Sarna | Non Executive Director | 2025 |
| TS Balganesh | Independent Director | 2025 |
| Arvind Singhal | Non-Executive & Non-Independent Director | 2025 |
| Lisa J Brown | Lead Independent Director | 2025 |
| Shobinder Duggal | Independent Director | 2025 |
| Pia Singh | Independent Director | 2025 |
| Sonal R Tiwari | Company Sec. & Compli. Officer | 2025 |
| Rafel Del Rio | Non-Executive & Non-Independent Director | 2025 |
| V K Viswanathan | Independent Director | 2025 |
| Atulkumar Virendrakumar Gupta | Additional Director | 2025 |
Segments — Product
| Segment | Revenue | Share |
|---|---|---|
| Active Ingredients and Intermediate | ₹6,282 Cr | 83% |
| Formulations | ₹1,243 Cr | 16.4% |
| Others | ₹46 Cr | 0.6% |
Segments — Geography
| Region | Revenue | Share |
|---|---|---|
| India | ₹1,255 Cr | 16.6% |
| Asia (other than India) | ₹3,773 Cr | 49.8% |
| North America | ₹1,619 Cr | 21.4% |
| Europe | ₹328 Cr | 4.3% |
| Rest of the World | ₹598 Cr | 7.9% |
Capital Structure (₹ Cr)
| Year | Face Value | Authorised | Issued | Paid-up |
|---|---|---|---|---|
| 2025 | ₹1 | 89 | 15 | 15 |
Corporate Actions
| Type | Date | Value | Remark |
|---|---|---|---|
| dividend | 2026-02-23 | ₹5 (500%) | Interim |
| dividend | 2025-08-07 | ₹10 (1000%) | Final |
Related-Party Transactions (₹ Cr)
| Year | Subsidiaries | Associates | JV | KMP | Others | Total |
|---|---|---|---|---|---|---|
| 2025 | 766 | 0 | 0 | 108 | 172 | 1,091 |
| 2025 | 627 | 0 | 0 | 0 | 0 | 627 |
| 2025 | 0 | 0 | 0 | 0 | 1 | 1 |
Insider / Designated-Person Trades
24 recent disclosure(s)
BhavinaDisposal · 300
Mahaveer Singh RathoreAcquisition · 150
Mahaveer Singh RathoreAcquisition · 150
Narayan Keelveedhi SeshadriDisposal · 6,980
BETA FAMILY TRUSTAcquisition · 61,50,000
ALPHA FAMILY TRUSTAcquisition · 61,50,000
Substantial Acquisitions (SAST)
6 disclosure(s)
Market08/01/2025 · 69,120
Gift23/09/2024 · 2,46,00,364
Gift23/09/2024 · 2,46,00,364
Market30/05/2024 · 72,000
Off Market / Inter se transfer06/09/2023 · 49,85,420
Off Market / Inter se transfer06/09/2023 · 49,85,420
Company Information
Incorporated1946
ChairmanNarayan K Seshadri
AuditorPrice Waterhouse Chartered Accountants LLP
Investor Email[email protected]
📍 Post Box No 20, Udaisagar Road, Udaipur, Rajasthan, 313001
Technical AnalysisPremium
Technical analysis (Premium)
Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.
More stocks
PHFL RESET 2029 SR LXXVThe Phoenix Mills Ltd.Phoenix Overseas LimitedPiccadily Agro Industri LimitedPidilite Industries Ltd.Power Instrument (G) Ltd.Pilani Inv & Ind Cor Ltd.Pil Italica Lifestyle Ltd.Pine Labs LimitedPioneer Embroideries Ltd.Pioneer Investcorp Ltd.Piramal Finance LimitedAll “P” stocks →
Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search