NSE PIIND · BSE 523642 · Chemical Manufacturing · NIFTY 500
PI Industries Share Price
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
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
- 300-day average₹2,909.64 ▼ price 17.8% below
- 100-day average₹2,690.13 ▼ price 11.1% below
- 50-day average₹2,547.11 ▼ price 6.1% below
- Today's price₹2,391.30
- 20-day average₹2,387.65 ▲ price 0.2% above
- 10-day average₹2,332.96 ▲ price 2.5% above
- 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.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| 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 |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹1,702 Cr | ▲ +8.8% | ₹244 Cr | 14.3% | ₹16.10 |
| Q4 FY26 | ₹1,565 Cr | ▲ +13.8% | ₹200 Cr | 12.8% | ₹13.19 |
| Q3 FY26 | ₹1,376 Cr | ▼ −26.5% | ₹311 Cr | 22.6% | ₹20.52 |
| Q2 FY26 | ₹1,872 Cr | ▼ −1.5% | ₹409 Cr | 21.9% | ₹26.98 |
| Q1 FY26 | ₹1,901 Cr | ▲ +6.3% | ₹400 Cr | 21.0% | ₹26.36 |
| Q4 FY25 | ₹1,787 Cr | ▼ −6.0% | ₹331 Cr | 18.5% | ₹21.78 |
| Q3 FY25 | ₹1,901 Cr | ▼ −14.4% | ₹373 Cr | 19.6% | ₹24.55 |
| Q2 FY25 | ₹2,221 Cr | — | ₹508 Cr | 22.9% | ₹33.50 |
Balance sheet — FY26
- 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
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
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 3,366.50 | 4,577.00 | 5,299.50 | 6,492.00 | 7,665.80 | 7,977.80 | 6,713.70 |
| Cost of revenue | 1,882.70 | 2,605.70 | 2,960.90 | 3,595.10 | 3,877.50 | 3,808.00 | 2,870.20 |
| Gross profit | 1,483.80 | 1,971.30 | 2,338.60 | 2,896.90 | 3,788.30 | 4,169.80 | 3,843.50 |
| Operating expenses | 2,785.40 | 3,735.70 | 4,355.80 | 5,176.30 | 5,957.50 | 6,135.10 | 5,311.60 |
| Operating income | 581.10 | 841.30 | 943.70 | 1,315.70 | 1,708.30 | 1,842.70 | 1,402.10 |
| Depreciation | 136.70 | 174.80 | 201.80 | 226.50 | 308.20 | 352.50 | 406.60 |
| Profit before tax | 613.80 | 938.50 | 1,032.80 | 1,444.30 | 1,894.70 | 2,142.00 | 1,696.10 |
| Tax | 157.20 | 200.20 | 189.00 | 214.80 | 213.20 | 481.80 | 375.30 |
| Net profit | 456.60 | 738.30 | 843.80 | 1,229.50 | 1,681.50 | 1,660.20 | 1,320.80 |
| EPS (₹) | 33.08 | 49.89 | 55.62 | 81.04 | 110.83 | 109.42 | 87.06 |
| Dividend per share (₹) | 4.00 | 5.00 | 6.00 | 10.00 | 15.00 | 16.00 | 15.00 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 4,224.80 | 7,001.90 | 7,791.10 | 8,479.70 | 10,764.00 | 12,276.70 | 13,443.70 |
| Current assets | 2,008.70 | 4,493.10 | 4,963.90 | 5,662.30 | 6,678.50 | 6,952.20 | 7,494.70 |
| Cash & short-term investments | 288.90 | 2,333.30 | 2,263.50 | 3,220.50 | 3,950.20 | 3,759.50 | 3,532.70 |
| Inventory | 833.30 | 1,090.50 | 1,494.20 | 1,443.10 | 1,352.50 | 1,033.90 | 1,265.60 |
| Property, plant & equipment | 1,970.90 | 2,269.20 | 2,396.80 | 2,556.90 | 3,127.40 | 3,702.40 | 4,433.30 |
| Total liabilities | 1,605.70 | 1,659.50 | 1,670.70 | 1,281.20 | 2,033.00 | 2,119.70 | 2,213.20 |
| Current liabilities | 1,100.50 | 1,257.00 | 1,348.20 | 1,181.80 | 1,710.60 | 1,727.70 | 1,776.70 |
| Total debt | 517.40 | 327.50 | 316.30 | 46.50 | 190.60 | 184.10 | 342.30 |
| Total equity | 2,619.10 | 5,342.40 | 6,120.40 | 7,198.50 | 8,731.00 | 10,157.00 | 11,230.50 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 698.10 | 724.90 | 528.70 | 1,501.40 | 2,035.90 | 1,413.00 | 474.00 |
| From investing | −985.10 | −2,430.30 | −110.40 | −496.20 | −1,800.50 | −1,424.20 | −613.50 |
| From financing | 350.00 | 1,690.40 | −177.30 | −483.10 | −221.60 | −286.50 | −171.00 |
| Capital expenditure | −674.30 | −439.00 | −337.10 | −326.30 | −620.40 | −850.00 | −1,117.80 |
| Dividends paid | −74.80 | −60.70 | −75.80 | −113.70 | −174.40 | −227.60 | −227.80 |
| Net change in cash | 63.00 | −15.00 | 241.00 | 522.10 | 13.80 | −294.20 | −309.00 |
What Analysts Say
Recommendations from 23 analysts who cover PI Industries.
▲ 8 bullish (34.8%) · 10 hold (43.5%) · ▼ 5 bearish (21.7%)
Votes
How the votes changed
| Rating | 3M ago | 2M ago | 1M ago | 1W ago | Now | 3-month change |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 | 4 | ▲ +1 |
| Buy | 4 | 4 | 5 | 4 | 4 | — |
| Hold | 10 | 10 | 11 | 10 | 10 | — |
| Sell | 3 | 2 | 2 | 2 | 2 | ▼ −1 |
| Strong Sell | 4 | 4 | 3 | 3 | 3 | ▼ −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.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield | Rating |
|---|---|---|---|---|---|---|---|---|---|
| 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.
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.
Valuation Is the price reasonable?
Profitability Of every ₹100 of sales, how much is kept?
Returns & efficiency How well does it use its money?
Growth Is the business getting bigger?
Financial strength Can it pay its bills and debts?
Per share What each share stands for
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
Per share
Margins
Growth
Financial strength
Returns & efficiency
Price & volume
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- 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.
- Buy or sell: Amid Janmashtami celebrations, Vaishali Parekh recommends three stocks to buy today
Vaishali Parekh recommends three stocks to buy today — Titagarh Rail Systems, Edelweiss Financial Services, and PI Industries
4 Sep 2026 · 2 min read · Mint ↗ - PI Industries bets on innovation-led growth as agrochem headwinds mount
PI Industries aims to offset earnings declines and global agrochemical headwinds by shifting from contract manufacturing to proprietary R&D and non-agri diversification.
4 Sep 2026 · 3 min read · Mint ↗ - Upcoming IPO: Bharat PET receives SEBI approval to raise ₹760 crore through public issue
Bharat PET Limited has received SEBI approval for its IPO to raise ₹760 crore. The offering includes a fresh issue of ₹120 crore and an OFS of ₹640 crore, involving selling shareholders. Proceeds will fund debt repayment and capital expenditures.
28 Aug 2026 · 2 min read · Mint ↗ - Stocks to buy or sell for short term: Jigar Patel of Anand Rathi shares trading strategies for 3 stocks
Expert Jigar Patel from Anand Rathi shares his strategic approach for the upcoming weeks. Discover which stocks may present buying opportunities and how to effectively manage risks in this tumultuous market landscape.
27 Jul 2026 · 3 min read · Mint ↗ - Stock market today: Sensex falls 400 points, Nifty 50 ends below 23,950; Reliance, Kotak Mahindra Bank among top drags
The Sensex ended the day 372 points, or 0.48%, lower at 76,728.37, while the Nifty 50 settled at 23,946.25, down 110 points, or 0.46%. The Nifty Midcap 100 index dropped 0.37%, while the Smallcap 100 index declined 0.62%.
29 Jun 2026 · 4 min read · Mint ↗ - Stock market today: Gift Nifty hints weak start; US-Iran deal, Accenture earnings to crude oil prices - 8 stocks to buy
The Sensex and Nifty 50 are expected to open lower on June 19 amid mixed global market signals. Analysts remain cautious amid geopolitical uncertainties, despite a positive finish in US markets. Key stocks are recommended for intraday trading amid fluctuating investor sentiment.
19 Jun 2026 · 5 min read · Mint ↗ - ICICI Prudential Mutual Fund raises stake in PI Industries over 7%. Details here
ICICI Prudential Mutual Fund increased its stake in PI Industries to 7.16% from 5.12% by acquiring 4.38 lakh shares on May 20, 2026. The fund has now purchased over 30.9 lakh shares since October 2025, showing strong institutional confidence.
22 May 2026 · 3 min read · Mint ↗ - Top Gainers & Losers on May 21: Honeywell, Sammaan Capital, Triveni Turbine, Tata Comm, Angel One among top gainers
The Indian stock market showed little change today, with major indices giving up early gains due to profit booking. The Nifty 50 and Sensex closed down, while broader market indices also followed suit. Oil prices fell amidst geopolitical developments, contributing to cautious market sentiment.
21 May 2026 · 2 min read · Mint ↗
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