NSE PIIND · BSE 523642 · Chemical Manufacturing · NIFTY 500

PI Industries Share Price

Market closed · updated 25 Sep, 4:47 PM IST
₹2,391.30 ▼ −₹21.96 · 0.91% NSE · as of 24 Sep 2026, 9:28 AM · BSE ₹2,383.00
Today's range
₹2,368.65Low₹2,403.60High
52-week range
₹2,193.60Low · 11 Sep 2026₹3,829.90High · 10 Nov 2025

PI Industries Overview

Where the price stands, how it has moved and how it sits against its averages.

PI Industries shares last traded at ₹2,391.30 on the NSE, down 0.91% on the day. That is 37.6% below the 52-week high of ₹3,829.90 and 9.0% above the 52-week low of ₹2,193.60. The stock trades at 33.27× earnings, above the sector average of 20.26. Its market value is ₹36,154 Cr.

Price returns

1 Day▼ −0.91%
5 Days▲ +5.76%
This month▲ +0.68%
3 Months▼ −13.14%
6 Months▼ −17.88%
This year▼ −26.32%
1 Year▼ −34.19%

Against the market: 1 Month ▼ −1.51% · 3 Months ▼ −10.62% · 6 Months ▼ −17.39% · This year ▼ −16.08% · 1 Year ▼ −27.80%

Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.

Moving averages — price is above 3 of 6

  1. 300-day average₹2,909.64 ▼ price 17.8% below
  2. 100-day average₹2,690.13 ▼ price 11.1% below
  3. 50-day average₹2,547.11 ▼ price 6.1% below
  4. Today's price₹2,391.30
  5. 20-day average₹2,387.65 ▲ price 0.2% above
  6. 10-day average₹2,332.96 ▲ price 2.5% above
  7. 5-day average₹2,332.32 ▲ price 2.5% above

Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.

PI Industries Financial Results

Revenue and net profit in ₹ crore, with the full statements underneath.

Revenue₹ crore
7,978
6,714
Net profit₹ crore · losses below zero
1,682
1,321

Year by year

Fiscal yearRevenueGrowthNet profitNet marginEPSDividend
FY 2026 ₹6,714 Cr ▼ −15.8% ₹1,321 Cr 19.7% ₹87.06 ₹15.00
FY 2025 ₹7,978 Cr ▲ +4.1% ₹1,660 Cr 20.8% ₹109.42 ₹16.00
FY 2024 ₹7,666 Cr ▲ +18.1% ₹1,682 Cr 21.9% ₹110.83 ₹15.00
FY 2023 ₹6,492 Cr ▲ +22.5% ₹1,230 Cr 18.9% ₹81.04 ₹10.00
FY 2022 ₹5,300 Cr ▲ +15.8% ₹844 Cr 15.9% ₹55.62 ₹6.00
FY 2021 ₹4,577 Cr ▲ +36.0% ₹738 Cr 16.1% ₹49.89 ₹5.00
FY 2020 ₹3,367 Cr — ₹457 Cr 13.6% ₹33.08 ₹4.00

Balance sheet — FY26

Owes (liabilities)Shareholders' equity
16%
84%
  • Total assets₹13,444 Cr
  • Total liabilities₹2,213 Cr
  • Shareholders' equity₹11,231 Cr
  • Total debt₹342 Cr
  • Cash & investments₹3,533 Cr
  • Current ratio4.22×
  • Revenue growth, 5 yr7.96% a year
  • EPS growth, 5 yr11.78% a year
  • Operating margin (TTM)18.99%
  • Net margin (TTM)17.88%

Cash flow — FY26

Operating activities
▲ ₹474 Cr
Investing activities
▼ −₹614 Cr
Financing activities
▼ −₹171 Cr
Free cash flow
▼ −₹644 Cr
Net change in cash
▼ −₹309 Cr

Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.

Full financial statements, FY20–FY26
₹ croreFY20FY21FY22FY23FY24FY25FY26
Total revenue3,366.504,577.005,299.506,492.007,665.807,977.806,713.70
Cost of revenue1,882.702,605.702,960.903,595.103,877.503,808.002,870.20
Gross profit1,483.801,971.302,338.602,896.903,788.304,169.803,843.50
Operating expenses2,785.403,735.704,355.805,176.305,957.506,135.105,311.60
Operating income581.10841.30943.701,315.701,708.301,842.701,402.10
Depreciation136.70174.80201.80226.50308.20352.50406.60
Profit before tax613.80938.501,032.801,444.301,894.702,142.001,696.10
Tax157.20200.20189.00214.80213.20481.80375.30
Net profit456.60738.30843.801,229.501,681.501,660.201,320.80
EPS (₹)33.0849.8955.6281.04110.83109.4287.06
Dividend per share (₹)4.005.006.0010.0015.0016.0015.00

What Analysts Say

23 analysts

Recommendations from 23 analysts who cover PI Industries.

Hold average rating 2.83 on a 1–5 scale

▲ 8 bullish (34.8%) · 10 hold (43.5%) · ▼ 5 bearish (21.7%)

Votes

Strong Buy
4 (17%)
Buy
4 (17%)
Hold
10 (43%)
Sell
2 (9%)
Strong Sell
3 (13%)

How the votes changed

Rating3M ago2M ago1M ago1W agoNow3-month change
Strong Buy34444 ▲ +1
Buy44544 —
Hold1010111010 —
Sell32222 ▼ −1
Strong Sell44333 ▼ −1

Analyst ratings are opinions, not a guarantee of returns.

PI Industries vs Peers

Side by side with other chemical manufacturing companies. The small bars compare each column.

CompanyPriceChangeMarket capP/EP/BROE (5 yr)Net marginDiv. yieldRating
PI Industries ₹2,391.30 ▼ −0.91% ₹36,154 Cr 33.27 3.23 16.63% 17.88% 0.63% This stock
Asian Paints ₹2,399.00 ▼ −2.21% ₹2,30,112 Cr 58.09 12.06 24.22% 12.35% 1.02% Bearish
Solar Industries India ₹19,589.95 ▼ −0.66% ₹1,77,270 Cr 99.61 26.62 30.43% 17.65% 0.06% Neutral
Pidilite Industries ₹1,527.50 ▼ −3.69% ₹1,55,481 Cr 64.76 14.71 21.84% 16.92% 0.73% Moderately Bearish
SRF ₹2,524.90 ▼ −0.60% ₹74,844 Cr 44.57 6.07 15.85% 11.62% 0.31% Bearish
Linde India ₹6,197.50 ▼ −1.44% ₹52,855 Cr 110.53 14.22 — 21.69% 0.06% Bearish

Rating = the data provider's overall technical view of each peer. Company names link to their own pages.

Shareholding Pattern

Who owns PI Industries shares, quarter by quarter (latest on top).

PromoterFIIMFOther
Jun '26
46.1%
14.8%
22.3%
16.8%
Mar '26
Dec '25
Sep '25
HolderSep '25Dec '25Mar '26Jun '26Change
Promoter46.09%46.09%46.09%46.09% 0.00 pts
FII16.42%15.97%15.87%14.83% ▼ −1.04 pts
MF20.47%22.00%21.81%22.31% ▲ +0.50 pts
Other17.02%15.94%16.23%16.77% ▲ +0.54 pts

PI Industries Key Metrics

Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.

PI IndustriesBenchmarkComfortable → stretched

Valuation Is the price reasonable?

P/E (TTM)Price ÷ yearly earnings per share
33.27
▲ 64% above the sector average of 20.26
P/E, 12-month rangeLow 31.23 · high 59.41
7%
Today's P/E sits 7% of the way from its low to its high
P/BPrice ÷ book value per share
3.23
P/SPrice ÷ sales per share
5.56
P/CFPrice ÷ cash flow per share
22.93
PEGP/E ÷ earnings growth (≈1 is fair)
12.86

Profitability Of every ₹100 of sales, how much is kept?

Gross marginKept after the cost of goods
57.63%
▲ above its 5-yr average of 49.89%
Operating marginKept after running costs
18.99%
▼ below its 5-yr average of 21.12%
Pre-tax marginKept before tax
23.18%
▼ below its 5-yr average of 24.04%
Net marginKept as profit
17.88%
▼ below its 5-yr average of 19.72%

Returns & efficiency How well does it use its money?

Return on equityProfit on shareholders' money
12.35%
▼ below its 5-yr average of 16.63%
Return on assetsProfit on everything it owns
10.27%
▼ below its 5-yr average of 13.60%
Return on investmentProfit on long-term capital
11.89%
▼ below its 5-yr average of 16.02%

Growth Is the business getting bigger?

Revenue — last 12 months
−16.6%
▼ shrinking
Revenue — 3 yr, a year
+1.1%
▲ growing
Revenue — 5 yr, a year
+8.0%
▲ growing
EPS — last 12 months
−27.7%
▼ shrinking (off the scale)
EPS — 3 yr, a year
+2.4%
▲ growing
EPS — 5 yr, a year
+11.8%
▲ growing
Dividend — 3 yr, a year
+14.5%
▲ growing
Book value — 5 yr, a year
+16.0%
▲ growing

Financial strength Can it pay its bills and debts?

Debt to equityBorrowings for every ₹1 of shareholders' money
0.03×
✓ Low debt
Current ratioShort-term assets for every ₹1 due within a year
4.22×
✓ Comfortable
Quick ratioLike the current ratio, without inventory
3.51×
✓ Comfortable
Interest coverOperating profit ÷ interest to pay
72.70×
✓ Strong
Payout ratioShare of profit paid as dividend
17.23%
• Keeps most

Per share What each share stands for

EPS (TTM)
₹76.79
Book value
₹739.34
Cash flow
₹104.07
Dividend
₹15.00
Revenue
₹429.49

The share price is 3.23× the book value behind each share.

Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.

All 109 metrics from the data provider

Valuation

P/E excluding extraordinary items, most recent fiscal year27.41
Current Dividend Yield - Common Stock Primary Issue, LTM0.63
Price to Book - most recent fiscal year3.23
P/E Basic excluding extraordinary items - TTM33.27
P/E including extraordinary items - TTM31.07
P/E excluding extraordinary items low, trailing 12 months31.23
Price to Tangible Book - most fiscal year3.61
Dividend Yield - 5 Year Average0.39
Price to sales - most recent fiscal year5.39
Dividend Yield - indicated annual dividend divided by closing price0.63
Price to Cash Flow per share - trailing 12 month22.93
Peg Ratio12.86
P/E Normalized, most recent fiscal year29.07
P/E excluding extraordinary items high, trailing 12 months59.41
P/E excluding extraordinary items, most recent fiscal year quarter31.07
Price to sales - trailing 12 month5.56
Net Debt, LFY−31,904.00

Per share

Dividend Per Share - 5 year average12.40
Cash Flow per share - trailing 12 month104.07
Cash Flow per share - most recent fiscal year113.86
EPS including extraordinary items - trailing 12 month76.79
EPS including extraordinary items - most recent fiscal year87.06
EBITD per share - trailing 12 month102.03
Revenue/share - trailing 12 month429.49
EPS excluding extraordinary items - trailing 12 month76.79
EPS Basic excluding extraordinary items - most recent fiscal year87.06
EPS Basic excluding extraordinary items - trailing 12 month76.79
Book value per share - most recent fiscal year739.36
Dividend per share - most recent fiscal year15.00
Revenue/share - most recent fiscal year442.51
EPS Normalized - most recent fiscal year82.07
Book value (tangible) per share - most recent fiscal year659.29
Dividends per share - trailing 12 month15.00
EPS excluding extraordinary items - most recent fiscal year87.06
Cash per share - most recent fiscal year232.58

Margins

Operating margin - trailing 12 month18.99
Gross Margin - 5 year average49.89
Operating margin - 1st historical fiscal year20.88
Operating Margin - 5 year average21.12
Net Profit Margin % - 1st historical fiscal year19.67
Gross Margin - 1st historical fiscal year57.25
Net Profit Margin % - trailing 12 month17.88
Net Profit Margin - 5 year average19.72
Pretax Margin - 5 year average24.04
Pretax margin - 1st historical fiscal year25.26
Pretax margin - trailing 12 month23.18
Free Operating Cash Flow/Revenue, 5 Year Average5.51
Gross Margin - trailing 12 month57.63

Growth

EPS Change %, TTM over TTM−27.68
Revenue growth rate, 5 year7.96
EPS growth rate, 5 year11.78
Revenue Change % - most recent quarter 1 year ago−10.43
Growth rate% - dividend, 3 year14.47
Growth rate% - EPS, 3 year2.42
Revenue/share (5 yr growth)7.43
Tangible Book Value, Total Equity, 5 Year CAGR14.07
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year Interim CAGR8.45
Capital Spending growth rate, 5 year20.55
Revenue Change %, TTM over TTM−16.57
Growth rate% - Revenue, 3 year1.13
Book value per share growth rate, 5 year16.01
EPS Change % - most recent quarter 1 year ago−38.92
Net Profit Margin growth rate, 5 year4.05
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR10.91
Total Debt, 5 Year CAGR0.89

Financial strength

Free Cash Flow - most recent fiscal year−8,716.00
LT debt/equity - most recent fiscal year0.02
Quick ratio - most recent fiscal year3.51
Payout ratio - trailing 12 month13.04
Current ratio - most recent fiscal year4.22
Current EV/Free Cash Flow, LFY86.45
Total debt/total equity - most recent fiscal year0.03
Net Interest coverage - trailing 12 month72.70
Payout ratio - most recent fiscal year17.23

Returns & efficiency

Return on average equity - 5 year average16.63
Net Income/employee - trailing 12 month31,09,154.00
Revenue/employee - most recent fiscal year1,83,08,430.00
Return on investment - most recent fiscal year11.89
Return on average assets - most recent fiscal year10.27
Receivables turnover - most recent fiscal year3.26
Inventory turnover - most recent fiscal year2.50
Revenue/employee - trailing 12 month1,73,88,580.00
Return on average assets - 5 year average13.60
Net Income/employee - most recent fiscal year36,01,855.00
Asset turnover - most recent fiscal year0.52
Return on average equity - most recent fiscal year12.35
Return on investment - 5 year average16.02

Price & volume

Market Cap36,286.42
52 week Low Date11 Sep 2026
Price - 1 Day % Change−1.00
Relative (S&P500) price percent change - 13 week−10.62
Avg trading volume last 10 days0.37
Price - 13 week price percent change−13.14
Price - 52 week price percent change−34.19
Avg Trading Volume Last 3 months5.78
Price - 5 Day % Change5.76
Price % Change Month To Date0.68
Relative (S&P500) price percent change - 04 week−1.51
52 week High Date10 Nov 2025
Price - 26 week price percent change−17.88
PDATE23 Sep 2026
Price - YTD price percent change−26.32
Relative (S&P500) price percent change - 52 week−27.80
NPRICE2,386.00
Relative (S&P500) price percent change - 26 week−17.39
52 week Low2,191.00
52 week High3,832.90
Beta1.48
Relative (S&P500) price percent change - Year to Date−16.08

Dividends & Corporate Events

Payouts to shareholders, splits and bonus issues, and company meetings — newest first.

Dividend per share₹ per share, by fiscal year
₹16.00
₹15.00
  • Dividend yield0.63%
  • Payout ratio17.23%
  • 5-year average dividend₹12.40 a share
  • Latest dividend₹10.00 per share · 7 Aug 2026

Corporate calendar

  • MeetingAnnual General Meeting
  • BoardQuarterly Results
  • Dividend₹10.00 per share · 1,000% · Final dividend
  • BoardAudited Results & Final Dividend
  • Dividend₹5.00 per share · 500% · Interim dividend
  • BoardQuarterly Results & Interim Dividend
  • BoardQuarterly Results
  • MeetingAnnual General Meeting
Show 13 older events
  • BoardQuarterly Results
  • Dividend₹10.00 per share · 1,000% · Final dividend
  • BoardAudited Results & Final Dividend
  • Dividend₹6.00 per share · 600% · Interim dividend
  • BoardQuarterly Results & Interim Dividend
  • BoardQuarterly Results
  • MeetingAnnual General Meeting
  • Dividend₹9.00 per share · 900% · Final dividend
  • Dividend₹6.00 per share · 600% · Interim dividend
  • MeetingAnnual General Meeting
  • Dividend₹5.50 per share · 550% · Final dividend
  • Dividend₹4.50 per share · 450% · Interim dividend
  • MeetingAnnual General Meeting

About PI Industries

Chemical Manufacturing

PI Industries Limited is a holding company, which is engaged in the manufacturing and distribution of agrochemicals. It operates through two segments: Agrochemicals and Pharma. The Company's agrochemical product portfolio includes insecticides, such as KEEFUN, COLT, OSHEEN, COLFOS, FOSMITE, FLUTON, JUMBO, and SNAILKILL, among others; fungicides, including KITAZIN, SANIPEB, CLUTCH, HEADER, VISMA, SHIELD, and WAGON; herbicide lineup products like SOLARO, WICKET, NOMINEE GOLD, PIMIX, LEGACEE, MELSA, and ELITE. Furthermore, the Company's specialty products include BIOVITA GRANULES, BIOVITA LIQUID, SUPER SPREADER, and HUMESOL. It provides services such as Research and Development (R&D), Custom Synthesis and Manufacturing Solutions (CSM), and Distribution Services. Its subsidiaries are Jivagro Limited, PI Health Sciences Limited, PI Life Science Research Limited, PI Japan Co. Limited, PILL Finance and Investments Limited, PI Bioferma Private Limited, and PI Fermachem Private Limited.

Key people

  • Mayank SinghalExecutive Vice Chairman of the Board, Managing Director
  • Sanjay AgarwalGroup Chief Financial Officer and Head- Strategy and Integrated Development Cell
  • Shruti Ratnakar JoshiCompliance Officer, Company Secretary
  • Atul Kumar GuptaAdditional Whole Time Director

Company facts

  • NSE symbolPIIND
  • BSE code523642
  • ISININE603J01030
  • IndustryChemical Manufacturing
  • IndexNIFTY 500
  • Market cap₹36,154 Cr
  • Revenue (FY26)₹6,714 Cr
  • Net profit (FY26)₹1,321 Cr

In the News

Recent headlines about PI Industries — they open on Mint in a new tab.

Stock data comes from the exchange feed via our data provider and may be delayed. It is for information only and is not a recommendation to buy or sell. See all stocks →

Frequently Asked Questions

PI Industries (NSE: PIIND) last traded at ₹2,391.30 on the NSE, down 0.91% (₹21.96) on the day, as of 24 Sep 2026, 9:28 AM. On the BSE it was ₹2,383.00. The day's range was ₹2,368.65 – ₹2,403.60.

PI Industries's 52-week high is ₹3,829.90 (10 Nov 2025) and its 52-week low is ₹2,193.60 (11 Sep 2026). At ₹2,391.30 the share is 37.6% below its high and 9.0% above its low.

PI Industries's market capitalisation is ₹36,154 Cr (₹36,154 Cr). It is part of the NIFTY 500 index.

PI Industries's P/E ratio (trailing 12 months) is 33.27. The sector average is 20.26, so investors pay 64% more for each rupee of its earnings than for the average company in its sector. Its earnings per share (TTM) are ₹76.79.

PI Industries shares are down 34.19% over the last year, down 26.32% so far this year, down 17.88% over 6 months, down 13.14% over 3 months. Over the last year the stock did 27.80% worse than the market.

In FY26 (year to Mar 2026), PI Industries reported revenue of ₹6,714 Cr (down 15.85% on the year before) and a net profit of ₹1,321 Cr. Earnings per share were ₹87.06.

Yes. PI Industries's latest dividend is ₹10.00 per share (1,000%, final dividend), with an ex-date of 7 Aug 2026. The dividend yield is 0.63%. It has paid 8 dividends in the records shown on this page.

Of 23 analysts covering PI Industries, 8 are bullish (4 strong buy, 4 buy), 10 say hold and 5 are bearish. The consensus is Hold (average rating 2.83 on a scale where 1 is Strong Buy and 5 is Strong Sell). Analyst views are opinions, not a guarantee.

As of Jun 2026: Promoter 46.09%, FII 14.83%, MF 22.31%, Other 16.77%.

PI Industries's listed peers in Chemical Manufacturing include Asian Paints, Solar Industries India, Pidilite Industries, SRF, Linde India. By market capitalisation it ranks #6 of 6 in this group.