PI Industries LimitedPIINDCorporate

Basic Materials Agricultural Inputs Latest results: Mar 2026 14 quarters of data
₹2,190.00
MCap ₹33,224 Cr · P/E 23.2
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹1,391 Cr
Sales · Mar 2026
-15.6% YoY
₹385 Cr
Operating Profit · Mar 2026
-23.6% YoY
27.7%
OPM % · Mar 2026
-9.5% YoY
₹198 Cr
Net Profit · Mar 2026
-48.7% YoY
₹13.04
EPS · Mar 2026
-48.7% YoY

📝 PI Industries Limited — results explained

Quarter ended March 2026 (Q4 FY26)

PI Industries Limited reported revenue of ₹1,391 crore for the quarter ended March 2026 (Q4 FY26), down 15.6% from ₹1,648 crore in the same quarter last year, and up 9.6% sequentially over the December 2025 quarter.

Net profit fell 48.7% year-on-year to ₹198 crore, from ₹386 crore. Earnings per share (EPS) came in at ₹13.04.

Operating profit stood at ₹385 crore — an operating margin (OPM) of 27.7%, compared with 30.6% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, PI Industries Limited posted revenue of ₹6,182 crore, a decline of 18.3% over FY25, with a net profit of ₹1,435 crore (down 23.1% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹6,182 crore with a net profit of ₹1,435 crore.

Valuation snapshot

At the current price of ₹2,190.00, PIIND has a market capitalisation of ₹33,224 crore and a trailing P/E of about 23.2.

Within the Agricultural Inputs industry, it is the 4th-largest of the 9 companies we track by market value.

Shareholding pattern

As of Jun 2026, promoters held 46.09%, foreign institutional investors (FIIs) 14.83%, domestic institutional investors (DIIs) 31.64%, public shareholders 7.44% of PI Industries Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹33,224 Cr
Current Price ?
₹2,190.0
P/E ?
23.15above ind
Industry P/E ?
22.40
P/B ?
2.92
P/S ?
5.37
P/FCF ?
-123.97
Enterprise Value ?
₹33,289 Cr
EV/EBITDA ?
17.20
PEG ?
2.89
Earnings Yield ?
4.9%
Dividend Yield ?
0.74%
Profitability & Returns
Sales (TTM) ?
₹6,182 Cr
OPM ?
31.3%
Profit after tax (TTM) ?
₹1,435 Cr
EPS (TTM) ?
₹94.59
ROCE ?
18.0%
ROE ?
12.6%
ROA ?
11.1%
Growth
Sales — latest qtr ?
₹1,391 Cr
PAT — latest qtr ?
₹198 Cr
YoY qtr sales growth ?
-15.6%
YoY qtr profit growth ?
-48.7%
Sales growth (3y) ?
0%
Sales growth (5y) ?
7%
Profit growth (3y) ?
8%
Profit growth (5y) ?
17%
Financial Health
Debt ?
₹65 Cr
Debt to Equity ?
0.01
Interest Coverage ?
220.3
Current Ratio ?
N/A
Ownership
Promoter holding ?
46.09%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-16.5%
Return 6 months ?
-30.2%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 1,5711,5061,8291,9691,7211,6262,0122,1311,7801,6481,7691,7531,2701,391 -15.6% +9.6%
Operating Profit 418334475553544453631685545504574607370385 -23.6% +4.2%
Other Income 48534756655669907368808076-41 -160.1% -153.7%
Interest 92222421222132 +25.0% -31.0%
Depreciation 5656596362626566676571727885 +31.4% +9.7%
Profit Before Tax 402328462545545443634708548506582615345258 -49.0% -25.2%
Net Profit 353279395464486384498558424386464491282198 -48.7% -29.7%
EPS 23.2418.4126.0630.6332.0425.3432.8536.8227.9325.4330.6132.3618.5613.04 -48.7% -29.7%
OPM % 26.6% 22.2% 26.0% 28.1% 31.6% 27.8% 31.4% 32.1% 30.6% 30.6% 32.4% 34.6% 29.1% 27.7% -9.5% -4.8%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹7,571 Cr ₹6,182 Cr ₹6,182 Cr -18.3%
Operating Profit ₹2,364 Cr ₹1,935 Cr ₹1,935 Cr -18.2%
OPM % 31.23% 31.30% 31.30% +0.2%
NPM % 24.65% 23.21% 23.21% -5.8%
Other Income ₹301 Cr ₹196 Cr ₹196 Cr -34.9%
Depreciation ₹263 Cr ₹305 Cr ₹305 Cr +16.1%
Interest ₹7 Cr ₹7 Cr ₹7 Cr +8.8%
EBIT ₹2,102 Cr ₹1,630 Cr ₹1,630 Cr -22.4%
PBT ₹2,396 Cr ₹1,799 Cr ₹1,799 Cr -24.9%
Tax ₹529 Cr ₹304 Cr ₹304 Cr -42.5%
Net Profit ₹1,866 Cr ₹1,435 Cr ₹1,435 Cr -23.1%
EPS ₹123.03 ₹94.57 ₹94.57 -23.1%
Material Cost ₹3,330 Cr ₹2,267 Cr ₹2,267 Cr -31.9%
Employee Cost ₹595 Cr ₹467 Cr ₹467 Cr -21.5%
Extraordinary Items — ₹-21 Cr ₹-21 Cr —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 15151515 +0.0%
Reserves 7,0828,66610,28811,354 +10.4%
Borrowings 33445265 +25.0%
Other Liabilities 1,2061,5021,5641,535 -1.9%
Total Liabilities 8,33610,22711,91912,969 +8.8%
Fixed Assets 2,5132,6342,9503,490 +18.3%
CWIP 130221444614 +38.3%
Investments 1,1692,4483,2693,256 -0.4%
Other Assets 4,5244,9245,2575,609 +6.7%
Total Assets 8,33610,22711,91912,969 +8.8%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 1,5022,0991,478694 -53.0%
Cash from Investing Activity -576-1,933-1,536-680 +55.7%
Cash from Financing Activity -430-205-251-256 -2.0%
Net Cash Flow 495-39-308-242 +21.4%
Free Cash Flow 1,2011,622772-268 -134.7%
CFO/OP 115%120%78%54% -30.8%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 40365880 +37.9%
Inventory Days 14411985147 +72.9%
Days Payable 89119112119 +6.2%
Cash Conversion Cycle 953631108 +248.4%
Working Capital Days 663860199 +231.7%
ROCE % 22%25%25%18% -28.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 % Chg
Promoters 46.09%46.09%46.09%46.09%46.09% +0.0%
FIIs 16.98%16.42%15.97%15.87%14.83% -6.6%
DIIs 29.21%30.26%30.94%31.20%31.64% +1.4%
Government 0.15%0.15%0.15%0.15%— —
Public 7.58%7.09%6.85%6.69%7.44% +11.2%
Others 0.01%0.01%0.01%0.01%— —
No. of Shareholders 1,50,4011,37,9321,34,8601,33,2991,40,999 +5.8%

⚖️ Peer comparison

Industry: Agricultural Inputs · 9 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 COROMANDEL Coromandel International ₹1,934.90 56,991 24.7 31,480 1,898 10.2% 6.0% 30.7% -7.6% 20.4% -80.1%
2 FACT Fertilisers and Chemicals ₹779.90 50,465 — 5,934 -106 0.3% -1.8% 41.3% -196.0% 20.2% -1547.2%
3 UPL UPL ₹550.60 46,541 29.1 42,797 1,951 16.4% 4.6% -10.3% 125.4% 10.5% 58.5%
4 PIIND PI Industries ₹2,259.00 34,270 25.9 6,714 1,320 25.3% 19.7% -15.8% -20.5% -12.4% -39.5%
5 SUMICHEM Sumitomo Chemical ₹476.05 23,762 41.0 3,245 579 21.1% 17.9% 2.9% 7.1% 0.6% 20.5%
6 BAYERCROP Bayer CropScience ₹3,985.60 17,912 24.5 5,595 733 16.0% 13.1% 3.7% 21.7% -4.2% 15.4%
7 CHAMBLFERT Chambal Fertilisers ₹419.40 16,803 8.7 20,123 1,928 13.8% 9.6% 24.9% 18.4% -11.8% -4.6%
8 PARADEEP Paradeep Phosphates ₹156.20 16,222 15.1 23,447 1,073 9.8% 4.6% 52.5% 69.5% 63.1% 53.1%
9 EIDPARRY E.I.D.- Parry ₹722.95 12,865 23.1 38,836 1,228 8.7% 3.2% 52.3% 3.5% 3.4% -32.8%
❓ Frequently asked questions
What was PI Industries Limited's revenue in Q4 FY26?
PI Industries Limited reported revenue of ₹1,391 crore for the quarter ended March 2026 (Q4 FY26), down 15.6% from ₹1,648 crore in the same quarter last year, and up 9.6% sequentially over the December 2025 quarter.
What was PI Industries Limited's net profit in Q4 FY26?
Net profit fell 48.7% year-on-year to ₹198 crore, from ₹386 crore. Earnings per share (EPS) came in at ₹13.04.
What is PIIND's market capitalisation and P/E ratio?
At the current price of ₹2,190.00, PIIND has a market capitalisation of ₹33,224 crore and a trailing P/E of about 23.2.
Who owns PI Industries Limited? (shareholding pattern)
As of Jun 2026, promoters held 46.09%, foreign institutional investors (FIIs) 14.83%, domestic institutional investors (DIIs) 31.64%, public shareholders 7.44% of PI Industries Limited.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI