PI Industries Ltd.

NSE: PIIND | BSE: 523642 | ISIN: INE603J01030 |Industry: Agrochemicals
|Expensive Star
2197.20 39.05 (1.81%)
NSE Oct 30, 2020 15:31 PM
Volume: 533.0K
 

PI Industries Ltd.    
08 Jun 2020
2197.20
1.81%
buy
Sharekhan
PI Industries Limited (PI Industries) delivered revenue growth of 6.3% y-o-y to Rs. 855 crore, led by 12% y-o-y growth in exports, as revenue in the domestic market was lower by 11.8% y-o-y. Lockdown due to COVID-19 in March impacted revenue by Rs. 100 crore in Q4FY2020, as sales were deferred to Q1FY2021. Moreover, exports growth could have been higher as one of the multi-product facility was unavailable. Ease in input cost pressures led to gross margin expansion of 106 bps to 46.8%, while EBITDA margin improved marginally by 23 bps to 21.8% (53 bps higher than our expectation of 21.3%) as lower other expense was partly offset by increased...
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PI Industries Ltd. has gained 24.96% in the last 3 Months
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