| Revenue growth | -16% YoY for FY26; Q4FY26 -12% YoY. |
|---|---|
| Margins | FY26 EBITDA margin at 25%, meeting guidance despite top-line pressure. |
| Order book | Continues to support growth outlook for FY27. |
| Demand visibility | Strong order book; cautious optimism for H2FY27. |
| Management confidence | Positive for FY27 growth despite cyclical volatility. |
Growth
FY26 Revenue fell 16%, EBITDA dropped 22%, and PAT decreased 20%. Q4FY26 revenue saw a 12% decline YoY.
Outlook
Positive FY27 outlook with 5+ new molecules for launch; FY26 capex was ₹11,508 Mn; Pharma revenue grew 40%.
Risks
Global agrochemical industry contraction, lower crop prices, adverse weather, and elevated market inventory levels in the domestic segment.
Earnings Call filed with NSE, NSE: PIIND. Summary written with AI assistance from the document.
PI Industries Ltd: key numbers
- Share price
- ₹1,764.00
- Market cap
- ₹26,763 Cr
- Revenue (annual)
- ₹6,714 Cr
- Net profit (annual)
- ₹1,321 Cr
- P/E (TTM)
- 30.5×Sector 35.5×
- Promoter holding
- 46.09%+0.00% QoQ
- FII holding
- 14.79%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from PI Industries Ltd
All →PI Industries Earnings Call Transcript: Key Takeaways
PI Industries faces severe headwinds in its core AgChem export business, masking strong domestic and biological growth.
PI Industries Investor Presentation: Key Takeaways
Q2 FY27 consolidated revenue fell 9% to INR17,018Mn, EBITDA margin compressed to 14%, and PAT fell 70%. Domestic and Biologicals grew; agchem exports declined 18%.
PI Industries Q2 FY27 Results: Net Profit ₹122.2 Cr, Down 70.1% YoY
PI Industries Ltd reported revenue from operations of ₹1,702 Cr (-9.1% YoY) and net profit of ₹122.2 Cr (-70.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹122.2 Cr · -70.1% YoY
PI Industries Business Update
PI Industries unveiled Pioxaniliprole, India's first indigenously discovered insecticide molecule, which has received CIB&RC registration. The press release marks a milestone in the company's original crop-protection research.
PI Industries Board Meeting Date
PI Industries has intimated a board meeting on November 4, 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026. The trading window is closed from October 1 to November 6, 2026.
PI Industries Other Announcement
PI Industries Ltd filed its quarterly shareholding pattern for the period ended September 30, 2026, as required by SEBI regulations. This is a routine regulatory compliance filing.