profit from every ₹100 of sales.
₹0₹100
PI Industries
₹1,714.80-1.59% today
-47.4% in 1 year
1-year low ₹1,710.001-year high ₹3,285.75
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹19.70 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What PI Industries sold, what it kept, and what it did with the cash.
Sales went from ₹64.6 billion in 2023 to ₹67.1 billion in 2026, with ₹13.2 billion of profit last year.
SalesProfit
PI Industries vs. similar companies
PI Industries grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| PI Industries | 19.7× · Fair price | ||
 Nutrien | 14.9× · Cheap | ||
 CF Industries Holdings | 12.6× · Cheap | ||
 Industries Qatar Q.P.S.C. | 14.8× · Cheap | ||
 Qinghai Salt Lake Industry Co.,Ltd | 13.6× · Cheap |
AI analysis
An AI analyst reads PI Industries's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 64,582 | 76,116 | 79,778 | 67,137 | |
| 28,631 | 37,341 | 42,067 | 38,804 | |
| 13,312 | 17,406 | 18,692 | 13,256 | |
| 17,079 | 22,329 | 25,275 | 21,191 | |
| 12,295 | 16,815 | 16,602 | 13,208 | |
| 81.04 | 110.83 | 109.42 | 87.06 | |
| 44.3% | 49.1% | 52.7% | 57.8% | |
| 20.6% | 22.9% | 23.4% | 19.7% | |
| 19.0% | 22.1% | 20.8% | 19.7% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 84,797 | 107,640 | 122,767 | 134,437 |
| Cash | 8,727 | 8,865 | 5,923 | 2,833 |
| Total debt | 465 | 1,906 | 1,841 | 3,423 |
| Total liabilities | 12,812 | 20,330 | 21,197 | 22,132 |
| 71,985 | 87,310 | 101,570 | 112,305 | |
| 152 | 152 | 152 | 152 | |
| 16.2% | 17.0% | 16.6% | 11.7% | |
| 17.1% | 19.3% | 16.3% | 11.8% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 15,014 | 20,359 | 14,129 | 4,740 | |
| 3,263 | 6,204 | 8,500 | 11,178 | |
| 11,751 | 14,155 | 5,629 | -6,438 | |
| Dividends paid | 1,137 | 1,744 | 2,275 | 2,278 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 19.7×
- –
- 8.15
- 3.8×
- 3.9×
- –
- 12.3×
- -2.5%
- 5.1%
- 0.9%
Profitability
- 57.8%
- 19.7%
- 19.7%
- –
- 11.1%
- 14.6%
- –
- –
- –
- –
Growth
- +1.3%
- +2.4%
- –
- –
- −0.0%
Financial health
- 0.0×
- 0.03
- –
- 104.4×
- 4.22
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 26%of 989
Top 24%of 954
Top 47%of 778
Bottom 41%of 940
Bottom 21%of 990
0.9%of the share price, paid each year
On $1,000 invested$9a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
17.2% of its profit
Room to growStretchedMore than it earnsNews
FGI Industries misses top-line and bottom-line estimates; updates FY26 outlookSeeking Alpha · Nov 13, 2026York Space Systems plans acquisition of Outlook Industries to expand into unmanned systemsSeeking Alpha · Nov 12, 2026Lassonde Industries Inc (LSDAF) (Q3 2026) Earnings Call Highlights: Margin Pressure and ...Yahoo Finance · Nov 7, 2026James Hardie Industries Set to Join S&P MidCap 400Yahoo Finance · Nov 6, 2026EnPro Industries, Inc. Q3 2026 Earnings Call SummaryYahoo Finance · Nov 3, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
4/7Passes 4 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
65Pass
Benjamin Graham
69Pass
Philip Fisher
61Pass
Peter Lynch
29No pass
Joel Greenblatt
42No pass
Charlie Munger
64Pass
Terry Smith
47No pass
Questions about PI Industries
Is PI Industries a good stock to buy?
A solid business at a fair price. 4 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the PI Industries AI analysis
What does PI Industries do?
PI Industries Limited, together with its subsidiaries, manufactures and distributes of agricultural chemicals in India, rest of Asia, North America, Europe, and internationally. It operates through Agro Chemicals and Pharma segments. It is in Agricultural Inputs, based in Gurugram, India.
Does PI Industries pay a dividend?
Yes. At today's price the dividend is 0.9% a year, about 17% of its yearly profit. In 2026 it paid out ₹2.28 billion in dividends.
Is PI Industries stock halal?
Yes. PI Industries passes our halal screen: its business is permitted and its debt is 1% of its market value, under the 30% limit. How we check
How has PI Industries stock done over the past year?
Down 47.4% over the past twelve months, to ₹1,714.80. It traded between ₹1,710.00 and ₹3,285.75 and is 47.8% below its high.
Who are PI Industries's competitors?
The largest listed companies in the same industry are Nutrien, CF Industries Holdings, Industries Qatar Q.P.S.C. and Qinghai Salt Lake Industry Co.,Ltd. The peers table on this page compares their profit, growth and price with PI Industries's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.