Shares of PI Industries experienced a 2% decline in Wednesday's trading session, with the stock priced at Rs 3,761.00. As of 11:50 am, the stock is exhibiting bearish sentiment, trading lower compared to its previous close.
Financial Performance:
PI Industries' consolidated financial performance demonstrates the following trends:
Quarterly Results:
The company's quarterly revenue, net profit, and earnings per share (EPS) are detailed below:
Period | Revenue (Rs Crore) | Net Profit (Rs Crore) | EPS |
---|---|---|---|
Jun 2024 | 2,068.90 | 446.70 | 29.59 |
Sep 2024 | 2,221.00 | 507.50 | 33.51 |
Dec 2024 | 1,900.80 | 372.50 | 24.55 |
Mar 2025 | 1,787.10 | 329.20 | 21.79 |
Jun 2025 | 1,900.50 | 397.20 | 26.37 |
Annual Results:
The company's annual revenue, net profit, EPS, book value per share (BVPS), return on equity (ROE), and debt-to-equity ratio are as follows:
Year | Revenue (Rs Crore) | Net Profit (Rs Crore) | EPS | BVPS | ROE | Debt to Equity |
---|---|---|---|---|---|---|
2021 | 4,577.00 | 733.90 | 49.92 | 351.47 | 13.81 | 0.05 |
2022 | 5,299.50 | 840.20 | 55.65 | 402.66 | 13.78 | 0.04 |
2023 | 6,492.00 | 1,222.70 | 81.06 | 473.59 | 17.07 | 0.00 |
2024 | 7,665.80 | 1,671.00 | 110.85 | 574.41 | 19.25 | 0.01 |
2025 | 7,977.80 | 1,655.90 | 109.44 | 668.22 | 16.34 | 0.01 |
Income Statement:
The consolidated income statement data (Values in Crore) is as follows:
Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|---|
Sales | 7,977 | 7,665 | 6,492 | 5,299 | 4,577 |
Other Income | 344 | 207 | 159 | 101 | 124 |
Total Income | 8,322 | 7,873 | 6,651 | 5,400 | 4,701 |
Total Expenditure | 6,151 | 5,959 | 5,176 | 4,358 | 3,739 |
EBIT | 2,170 | 1,914 | 1,474 | 1,042 | 962 |
Interest | 33 | 30 | 37 | 12 | 28 |
Tax | 481 | 213 | 214 | 189 | 200 |
Net Profit | 1,655 | 1,671 | 1,222 | 840 | 733 |
Cash Flow:
The cash flow from operating activities for the year ending March 2025 was Rs 1,413 Crore. The cash flow data (Values in Crore) is as follows:
Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|---|
Operating Activities | 1,413 | 2,035 | 1,501 | 528 | 725 |
Investing Activities | -1,424 | -1,800 | -496 | -110 | -2,430 |
Financing Activities | -286 | -221 | -483 | -177 | 1,690 |
Others | 3 | 0 | 0 | 0 | 0 |
Net Cash Flow | -294 | 13 | 522 | 241 | -15 |
Key figures from the balance sheet (Values in Crore) are:
Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|---|
Share Capital | 15 | 15 | 15 | 15 | 15 |
Reserves & Surplus | 10,141 | 8,715 | 7,183 | 6,105 | 5,327 |
Current Liabilities | 1,727 | 1,710 | 1,181 | 1,348 | 1,257 |
Other Liabilities | 392 | 322 | 99 | 322 | 402 |
Total Liabilities | 12,276 | 10,764 | 8,479 | 7,791 | 7,001 |
Fixed Assets | 4,205 | 3,445 | 2,655 | 2,484 | 2,342 |
Current Assets | 6,952 | 6,678 | 5,662 | 4,963 | 4,493 |
Other Assets | 1,119 | 640 | 162 | 343 | 165 |
Total Assets | 12,276 | 10,764 | 8,479 | 7,791 | 7,001 |
Contingent Liabilities | 268 | 372 | 993 | 1,297 | 984 |
Key financial ratios for PI Industries are as follows:
Ratio | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
---|---|---|---|---|---|
Basic EPS (Rs.) | 109.44 | 110.85 | 81.06 | 55.65 | 49.92 |
Diluted Eps (Rs.) | 109.44 | 110.83 | 81.04 | 55.63 | 49.89 |
Book Value /Share (Rs.) | 668.22 | 574.41 | 473.59 | 402.66 | 351.47 |
Dividend/Share (Rs.) | 16.00 | 15.00 | 10.00 | 6.00 | 5.00 |
Face Value | 1 | 1 | 1 | 1 | 1 |
Gross Profit Margin (%) | 31.62 | 28.99 | 26.20 | 23.47 | 24.84 |
Operating Margin (%) | 27.20 | 24.97 | 22.71 | 19.66 | 21.02 |
Net Profit Margin (%) | 20.75 | 21.79 | 18.83 | 15.85 | 16.03 |
Return on Networth (%) | 16.34 | 19.25 | 17.07 | 13.78 | 13.81 |
ROCE (%) | 20.57 | 21.14 | 20.20 | 16.17 | 16.75 |
Return On Assets (%) | 13.52 | 15.62 | 14.49 | 10.83 | 10.54 |
Current Ratio (X) | 4.02 | 3.90 | 4.79 | 3.68 | 3.57 |
Quick Ratio (X) | 3.45 | 3.14 | 3.61 | 2.63 | 2.74 |
Debt to Equity (x) | 0.01 | 0.01 | 0.00 | 0.04 | 0.05 |
Interest Coverage Ratios (X) | 76.46 | 74.08 | 45.85 | 97.17 | 34.12 |
Asset Turnover Ratio (%) | 0.69 | 0.80 | 0.78 | 0.69 | 65.36 |
Inventory Turnover Ratio (X) | 6.98 | 2.65 | 2.42 | 2.34 | 4.35 |
3 Yr CAGR Sales (%) | 22.69 | 29.42 | 38.87 | 36.58 | 41.78 |
3 Yr CAGR Net Profit (%) | 40.39 | 50.89 | 63.78 | 43.12 | 41.32 |
P/E (x) | 31.32 | 34.89 | 37.38 | 50.67 | 45.24 |
P/B (x) | 5.12 | 6.74 | 6.39 | 7.01 | 6.41 |
EV/EBITDA (x) | 19.68 | 25.30 | 25.73 | 33.56 | 28.94 |
P/S (x) | 6.52 | 7.67 | 7.09 | 8.09 | 7.49 |
Corporate Actions:
PI Industries has announced a final dividend of Rs 10 per share (1000%), with an ex-date of August 7, 2025. Previously, an interim dividend of Rs 6 per share (600%) was announced, with an ex-date of February 14, 2025.
The company executed a stock split, changing the face value from Rs 5 to Rs 1 on April 12, 2013.
Additionally, the company had a bonus issue with ex-bonus date on July 8, 2010, where 1 share was offered for every 2 existing shares.
According to Moneycontrol analysis, the stock sentiment is bearish as of August 7, 2025.
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