PI Industries Limited

Chemicals · Fertilizers & Agrochemicals

NSE: PIIND BSE: 523642

₹2310.00

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Fertilizers & Agrochemicals

The largest companies in the same industry by market cap. This company ranks #3 of 44. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Coromandel International Limited	51,870	27.6	18.3%	-21.9%	—	73	29	9
UPL Limited	45,564	60.0	5.4%	-18.4%	1.11%	56	49	12
PI Industries Limited (this stock)	35,047	27.3	11.8%	-35.5%	—	70	58	47
Sumitomo Chemical India Limited	21,625	37.3	16.0%	-20.4%	0.30%	79	0	26
Chambal Fertilizers & Chemicals Limited	16,397	8.1	—	-19.8%	2.69%	85	100	45
Bayer Cropscience Limited	16,303	22.3	23.2%	-26.2%	4.14%	92	54	6
Paradeep Phosphates Limited	16,017	14.9	13.8%	-21.4%	0.97%	46	58	50
Sharda Cropchem Limited	6,527	9.3	21.7%	-11.3%	2.07%	88	93	11

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹34,831 Cr

EV / EBITDA

17.9x

EV / Sales

5.78x

Market cap / Sales

5.81x

Earnings yield

3.67%

Quarterly Financials

Download CSV

Standalone Consolidated

↓ Negative

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 1,660 Cr, down 10.2% YoY.

↓ Negative

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 342 Cr, down 26.4% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	1,599	437	342	₹22.5000
March 31, 2026	1,391	258	198	₹13.0400
Dec. 31, 2025	1,270	345	282	₹18.5600
Sept. 30, 2025	1,753	615	491	₹
June 30, 2025	1,769	582	464	₹30.6100
March 31, 2025	1,648	506	386	₹25.4300
Dec. 31, 2024	1,780	548	424	₹27.9300
Sept. 30, 2024	2,131	708	558	₹36.8200
June 30, 2024	2,012	634	498	₹32.8500
March 31, 2024	1,626	443	384	₹25.3400
Dec. 31, 2023	1,721	545	486	₹32.0400
Sept. 30, 2023	1,969	545	464	₹30.6300
June 30, 2023	1,829	462	395	₹26.0600

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23
Total income (before exceptional items)	1,660	1,462	1,346	1,849	1,716	1,853	2,222	2,081	1,682	1,786	2,025	1,876	1,559
Operating revenue	1,599	1,391	1,270	1,769	1,648	1,780	2,131	2,012	1,626	1,721	1,969	1,829	1,506
Other income	61	71	76	80	68	73	90	69	56	65	56	47	53
Operating expenses	1,140	1,006	900	1,195	1,144	1,235	1,446	1,381	1,173	1,177	1,415	1,354	1,172
Operating profit	459	385	370	574	504	545	685	631	453	544	553	475	334
Operating profit margin	28.7%	27.7%	29.1%	32.4%	30.6%	30.6%	32.1%	31.4%	27.8%	31.6%	28.1%	26.0%	22.2%
Depreciation	80	85	78	71	65	67	66	65	62	62	63	59	56
Interest	2	2	3	2	2	2	1	2	4	2	2	2	2
Exceptional items, gain / (loss)	—	-112	-21	—	—	—	—	—	—	—	—	—	—
Profit before tax	437	258	345	582	506	548	708	634	443	545	545	462	328
Tax	96	60	63	117	120	124	150	135	58	59	80	66	49
Net profit	342	198	282	464	386	424	558	498	384	486	464	395	279
EPS	22.50	13.04	18.56	30.61	25.43	27.93	36.82	32.85	25.34	32.04	30.63	26.06	18.41
Net profit (TTM)	1,285	1,330	1,556	1,832	1,866	1,865	1,928	1,834	1,731	1,626	1,492	1,355	1,211
EPS (TTM)	84.71	87.64	102.53	120.79	123.03	122.94	127.05	120.86	114.07	107.14	98.34	89.28	79.84

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	6,183	1,799	1,435
March 31, 2025	7,571	2,396	1,866
March 31, 2024	7,145	1,995	1,731
March 31, 2023	6,270	1,422	1,211

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	—	—	—	7,872^†	7,370^†	6,426^†	5,109^†	4,390^†	3,355^†	2,901^†	2,369^†	2,419^†
Operating revenue	-0.5%	7.7%	6,183	7,571	7,145	6,270	5,010^†	4,276^†	3,307^†	2,841^†	2,309^†	2,383^†
Other income	—	—	—	301^†	224^†	155^†	99^†	113^†	48^†	60^†	60^†	36^†
Operating expenses	—	—	—	5,207^†	5,120^†	4,757^†	3,891^†	3,291^†	2,609^†	2,268^†	1,817^†	—
Operating profit	—	—	—	2,364^†	2,026^†	1,513^†	1,120^†	985^†	698^†	573^†	492^†	—
Operating profit margin	—	—	—	31.2%^†	28.3%^†	24.1%^†	22.3%^†	23.0%^†	21.1%^†	20.2%^†	21.3%^†	—
Depreciation	—	—	—	263^†	246^†	222^†	190^†	160^†	133^†	93^†	83^†	—
Interest	—	—	—	7^†	9^†	25^†	12^†	28^†	18^†	6^†	6^†	7^†
Exceptional items, gain / (loss)	—	—	—	0^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†
Profit before tax	8.2%	14.6%	1,799	2,396	1,995	1,422	1,016^†	910^†	594^†	535^†	464^†	506^†
Tax	—	—	—	529^†	264^†	210^†	183^†	191^†	152^†	127^†	97^†	49^†
Net profit	5.8%	14.8%	1,435	1,866	1,731	1,211	833^†	719^†	442^†	408^†	367^†	457^†
EPS	—	—	—	123.03^†	114.07^†	79.84^†	54.92^†	48.57^†	32.04^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	—	31.2%^†	28.3%^†	24.1%^†	22.3%^†	23.0%^†	21.1%^†	20.2%^†	21.3%^†	—
EBIT margin	—	31.7%^†	28.0%^†	23.1%^†	20.5%^†	21.9%^†	18.5%^†	19.0%^†	20.3%^†	21.6%^†
PBT margin	29.1%	31.6%	27.9%	22.7%	20.3%^†	21.3%^†	18.0%^†	18.8%^†	20.1%^†	21.3%^†
Net margin	23.2%	24.7%	24.2%	19.3%	16.6%^†	16.8%^†	13.4%^†	14.4%^†	15.9%^†	19.2%^†
Interest coverage	—	353.31x^†	217.82x^†	57.19x^†	84.29x^†	33.38x^†	34.02x^†	91.63x^†	79.84x^†	71.34x^†
Dividend payout	—	—	—	—	—	—	—	—	—	—
Earnings retention	—	—	—	—	—	—	—	—	—	—
Current ratio	4.85x	4.23x	—	—	—	—	—	—	—	—
Quick ratio	4.09x	3.66x	—	—	—	—	—	—	—	—
Debt to equity	0.00x	0.00x	—	—	—	—	—	—	—	—
Return on equity	12.6%	18.1%	—	—	—	—	—	—	—	—
Return on assets	11.1%	15.7%	—	—	—	—	—	—	—	—
Return on capital employed	—	23.0%^†	—	—	—	—	—	—	—	—
Asset turnover	0.48x	0.64x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	694	-680	-256	963	-269
March 31, 2025	1,478	-1,536	-251	718	761
March 31, 2024	2,099	-1,933	-205	478	1,620
March 31, 2023	1,502	-529	-430	305	1,197
March 31, 2022	485	-104	-175	336	150

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	12,969	11,369	11,354	0	0	6,749	1,392	216	3,133	1,050
March 31, 2025	11,919	10,303	10,288	0	0	6,271	1,484	457	2,860	837
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.