| Management target | Revenue FY27 |
|---|
| Revenue growth | 9% decline YoY; domestic growth offset by sharp AgChem export fall. |
|---|---|
| Margins | Gross margins at 49%; impacted by high input costs and pricing. |
| Order book | Order book stands at $1.25 billion; subject to contract value fluctuations. |
| Demand visibility | Subdued globally; domestic rabi depends on reservoir levels and monsoon tail. |
| Management confidence | Cautious; pivoting to 'pragmatic pricing' to hold market share in cycles. |
Growth
Domestic AgChem grew 19% and Biologicals 45%; however, consolidated revenue declined 9% due to export pricing pressure.
Outlook
Management expects a 'flattish' FY27 revenue, targeting $100 million in specialty electronics revenue within 3-4 years.
Risks
Pricing pressure from generics and high inventory costs; El Niño impacts domestic kharif and rabi outlook.
Earnings Call Transcript filed with NSE, NSE: PIIND. Summary written with AI assistance from the document.
PI Industries Ltd: key numbers
- Share price
- ₹1,761.00
- Market cap
- ₹26,718 Cr
- Revenue (annual)
- ₹6,714 Cr
- Net profit (annual)
- ₹1,321 Cr
- P/E (TTM)
- 30.4×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 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.
PI Industries Merger & Restructuring Worth ₹0.01 Cr
PI Industries has incorporated 'PI Foundation', a wholly owned subsidiary, as a not-for-profit entity for Corporate Social Responsibility activities with an initial capital of Rs. 0.01 Crore.
- Value
- ₹0.01 Cr