NSE: PIIND | BSE: 523642

Mid-range Performer

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3690.20 -82.50 (-2.19%)

High volume today

NSE 14 Aug, 2025 3:31 PM (IST)

55,987

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Market Leader

0.8

Beta 1Year

Low volatility

PI Industries Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for PIIND, BSE:523642 PI Industries Ltd.

PI Industries Ltd.

26 Feb 2020

3690.20

-2.19%

PI INDUSTRIES LIMITED

Accumulate: PI Industries Ltd.

Target

Geojit BNP Paribas

PI Industries manufactures plant protection & specialty plant nutrient products and solutions under its agri-inputs business. It is also one of India's leading custom synthesis (CSM) companies engaged in providing contract...

PI Industries Ltd. average weekly volume is high.

PI Industries Ltd.

19 Feb 2020

3690.20

-2.19%

EARNINGS UPDATE-PI INDUSTRIES 3QFY20

Neutral: PI Industries Ltd.

Target

Chola Wealth Direct

Background: Incorporated in 1947, PI (erstwhile Pesticides India) focuses on agri-input, custom synthesis and polymer compounding with strength of over 1,100 employees. The company currently operates three formulation and two manufacturing facilities as well as five multi-product plants across Gujarat and Jammu, and one R&D; unit in Rajasthan at Udaipur. PI is one of India's leading players in the agri-input industry, primarily dealing in agro-chemicals, specialty fertilisers, plant nutrients and seeds. The company has exclusive rights with several global corporations for distribution in India and is evaluating prospects to further expand their product portfolio. The company has a strong product portfolio as a result of exclusive tie-ups with leading agro-chemical, pharmaceutical and fine chemical...

PI Industries Ltd. is trading at high day volume of 661.0K.

PI Industries Ltd.

13 Feb 2020

3690.20

-2.19%

Q3FY20 Result Update

Hold: PI Industries Ltd.

Prabhudas Lilladhar

PI's results were marginally lower than our estimates due to higher than Change in Estimates | Target | Reco anticipated tax rate. Both domestic and CSM businesses continue to grow a rapid pace. It has also completed the acquisition of Isagro which will be...

Axis Direct downgraded PI Industries Ltd. to Hold with a price target of 3930.0 on 14 Aug, 2025.

PI Industries Ltd.

13 Feb 2020

3690.20

-2.19%

CSM strength intact

Buy: PI Industries Ltd.

Target

Motilal Oswal

13 February 2020 PI maintained its strong performance, driven by both CSM/domestic agri businesses. Notably, CSM revenue grew by 19% YoY off a very high base (+40% YoY in 3QFY19). EBITDA margin improved led by operating leverage. Revenue/EBITDA was in line, but PAT was a miss mainly due to higher-than- expected tax rate. We broadly maintain our estimates and reiterate operating leverage. PAT grew at a lower rate of 12% YoY to interest cost and tax rate (due to change in SEZ share to overall business), although higher other income provided some support. For 9MFY20, revenue/EBITDA/PAT grew 23%/32%/21% YoY. CSM revenue grew 19% YoY to INR6.4b off a high base (+40% YoY in 3QFY19) on the back of continued ramp-up in exports. CSM order book was flat QoQ at USD1.4b. Domestic business revenue grew 24% YoY to INR2.1b, mainly led by growth in volumes due to higher acreages across key crops during Rabi.

PI Industries Ltd. is trading at high day volume of 661.0K.

PI Industries Ltd.

21 Nov 2019

3690.20

-2.19%

EARNINGS UPDATE- PI INDUSTRIES 2QFY20

Hold: PI Industries Ltd.

Recommendation Target

Chola Wealth Direct

Sector: Agrichemical /Small-Cap | Earnings Update 2QFY20 Background: PI Industries' is one of the leading players in the Crop protection industry. Company largely operates under two main segments a) agriculture inputs, b) custom synthesis and contract manufacturing. Company has a niche portfolio of 45 products, which includes 5 in-licensed products and 7 co-marketing products in tie up with MNCs such as Bayer, BASF & Kumiai chemicals. Company currently operates three manufacturing sites in Gujarat, having three formulation units and 8 multiproduct plants for manufacturing, active ingredients and intermediates. PI has a strong distribution network of 10,000 dealers / distributors; 40,000 retailers and 30 stock points....

Number of FII/FPI investors decreased from 750 to 726 in Jun 2025 qtr

PI Industries Ltd.

05 Nov 2019

3690.20

-2.19%

PI INDUSTRIES LIMITED

Hold: PI Industries Ltd.

Target

Geojit BNP Paribas

PI Industries Ltd. is trading below all available SMAs

PI Industries Ltd.

29 Oct 2019

3690.20

-2.19%

Q2FY20 Result Update

Buy: PI Industries Ltd.

Prabhudas Lilladhar

PI Industries reported better than expected results driven by outperformance Change in Estimates | Target | Reco from the CSM segment (up 52% YoY; PLe- 19%). Management commentary on future outlook indicates robust business momentum and clear growth...

Axis Direct downgraded PI Industries Ltd. to Hold with a price target of 3930.0 on 14 Aug, 2025.

PI Industries Ltd.

24 Oct 2019

3690.20

-2.19%

PI Industries

Hold: PI Industries Ltd.

Recommendation Target

Sharekhan

PI Industries continued to deliver strong performance with revenue, EBITDA and PAT growing by 26%, 43% and 30% y-o-y, respectively, in Q2FY2020 (ahead of our estimates by 8%, 15% and 12% respectively). PI Industries reported revenue of Rs. 907 crore (ahead of our expectation of Rs. 839 crore), led by a 52% y-o-y increase in exports (CSM) business as domestic business was lower by 12% y-o-y. Despite input cost pressures (up by 51 bps to 57.6% of sales), EBITDA margin expanded by 257 bps at 21.2% (ahead of our expectation of 20%) led by economies of scale and cost efficiencies....

Number of FII/FPI investors decreased from 750 to 726 in Jun 2025 qtr

PI Industries Ltd.

30 Sep 2019

3690.20

-2.19%

Management Meet Update

Buy: PI Industries Ltd.

Prabhudas Lilladhar

PI is all set to ride the multi-year growth in the CSM segment as its enhanced Change in Estimates | Target | Reco R&D; capabilities, supply scarcity related issues in China and increased focus on outsourcing by the innovators are bearing fruit in the form of big product...

PI Industries Ltd. is trading below all available SMAs

PI Industries Ltd.

13 Sep 2019

3690.20

-2.19%

Isagro Asia a good buy

Buy: PI Industries Ltd.

Target

Motilal Oswal

13 September 2019 Agrochemicals PI Industries has announced the acquisition of Isagro Asia from Isagro S.p.A for INR3.5b. Isagro Asia operates in India and is engaged in contract manufacturing, local distribution and exports of agrochemicals. PI will acquire 100% shareholding held by Isagro S.p.A in Isagro Asia, either directly or through a subsidiary. The deal has taken place at a valuation of ~15x P/E FY19. PI will fund the acquisition partly through internal accruals and partly through debt. Company remains confident of integrating Isagro Asias operations with itself in FY20. Isagro Asia generated revenue of ~INR3b in FY19; of this, 65% was contributed by the domestic formulation business and balance came in from the contract manufacturing business. In the domestic formulation business, Isagro sells in-licensing products, generics products and proprietary patent products. Three key in-licensing products include (i) insecticide mitigate, (ii) fungicide domark, and (iii) biostimulants siapton.

PI Industries Ltd. is trading below all available SMAs

Is PI Industries Ltd. worth buying?

455 Votes:

Buy 86.59%

Sell 7.91%

Hold 5.49%

RESEARCH REPORTS

Hold SEE REPORTS >

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Sell SEE REPORTS >

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