PI Industries Limited
PI Industries Limited operates in Pesticides & Agrochemicals, part of the Chemicals sector. It booked ₹1,702 cr of revenue in its latest quarter (Q1 FY27) and kept 16.2% of sales as profit. It is the 2nd largest of 9 Pesticides & Agrochemicals companies we track, by market value.
| Segment | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|
| Agro Chemicals | 7,351 | 7,765 | 6,417 | 96% → 96% |
| Pharma | 315 | 215 | 301 | 4% → 4% |
| Total | 7,666 | 7,980 | 6,717 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
Healthier than 61% of companies in Chemicals, on all six measures of filed financials. Each measure is ranked against the 10–44 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 35
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in PIIND?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹1,702 cr |
| Other Income | ₹64 cr |
| Total Income | ₹1,766 cr |
| Cost of Materials | ₹682 cr |
| Purchases of Stock-in-Trade | ₹42 cr |
| Inventory Change (±) | ₹12 cr |
| Employee Benefit Expense | ₹261 cr |
| Finance Costs | ₹8 cr |
| Depreciation & Amortisation | ₹104 cr |
| Other Expenses | ₹338 cr |
| Total Expenses | ₹1,447 cr |
| Profit before Tax | ₹320 cr |
| Tax Expense | ₹78 cr |
| Share of JV / Associates | ₹2 cr |
| Net Profit | ₹244 cr |
| Net margin on total income | 13.8% |
| Metric | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 1,376 cr | 1,565 cr | 1,702 cr |
| Total income | 1,442 cr | 1,641 cr | 1,766 cr |
| Expenses | 1,185 cr | 1,339 cr | 1,447 cr |
| Profit before tax | 363 cr | 300 cr | 320 cr |
| Tax | 52 cr | 100 cr | 78 cr |
| Net profit (owners' share) | 311 cr | 160 cr | 276 cr |
| Net margin (owners' share, on revenue) | 22.6% | 10.2% | 16.2% |
| EPS (₹) | 20.52 | 13.20 | 16.10 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| UPL Limited | ₹555 | ₹3.37 L cr | 1,155.7 | 0.1% | 0.1% | — |
| PI Industries Limitedthis company | ₹2,307 | ₹35,066 cr | 35.8 | 9.8% | 16.2% | — |
| Sumitomo Chemical India Limited | ₹455 | ₹22,734 cr | 26.5 | 25.4% | 20.2% | — |
| Sharda Cropchem Limited | ₹742 | ₹6,692 cr | 19.0 | 11.2% | 8.2% | — |
| Dhanuka Agritech Limited | ₹982 | ₹4,428 cr | 14.7 | 21.5% | 17.1% | — |
| Rallis India Limited | ₹204 | ₹3,971 cr | — | — | -2.8% | — |
| NACL Industries Limited | ₹149 | ₹3,488 cr | 41.8 | 12.2% | 5.4% | — |
| Bhagiradha Chemicals & Industries Limited | ₹248 | ₹3,215 cr | 60.2 | 7.6% | 6.8% | — |
| GSP Crop Science Limited | ₹484 | ₹2,252 cr | 21.3 | 13.7% | 6.8% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹10 / share | 7 Aug 2026 |
| Dividend | ₹5 / share | 23 Feb 2026 |
| Dividend | ₹10 / share | 7 Aug 2025 |
| Dividend | ₹6 / share | 14 Feb 2025 |
| Dividend | ₹9 / share | 20 Aug 2024 |
| Dividend | ₹6 / share | 21 Feb 2024 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 12 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.
As of Sep 2025, the company says it has spent 100% of what it set aside.
Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing