PI Industries Share Price Target for 2025, 2026, 2027, 2028, 2029

PI Industries is a leading Indian agriscience company, headquartered in Gurgaon, Haryana. Founded in 1946, it has a long history of innovation and growth in the agricultural sector.

Table of Contents

PI Industries Overview

Industry: Agriscience Founded: 1946 Headquarters: Gurgaon, Haryana, India Products and services: Crop protection chemicals, fine chemicals, pharmaceutical intermediates, and custom synthesis Website: https://www.piindustries.com/

Business Model

PI Industries operates a unique business model in the agchem space, providing innovative solutions to its customers from R&D to distribution by partnering with the best. This involves:

Discovery: Identifying new molecules with potential for agricultural applications.
Development: Optimizing these molecules for safety, efficacy, and cost-effectiveness.
Evaluation & Trials: Conducting extensive field trials to ensure the performance of the new products.
Registration: Obtaining regulatory approvals for the sale of the new products.
India Scale-Up: Optimizing the manufacturing process for the Indian market.
Manufacturing: Producing the new products at its own world-class manufacturing facilities.
Marketing & Distribution: Selling the new products to farmers through a network of distributors.

This integrated approach allows PI Industries to bring new products to market quickly and efficiently, while also ensuring the quality and safety of its products.

PI Industries Products

Crop Protection Chemicals:

Insecticides: These target insects that damage crops, including:
- Acron: A broad-spectrum insecticide effective against various sucking pests like aphids, whiteflies, and thrips.
- Marshal: A powerful insecticide that controls termites, grubs, and other soil-dwelling pests.
Fungicides: These control fungal diseases in crops, including:
- Shield: A broad-spectrum fungicide that protects crops from a wide range of fungal diseases.
Herbicides: These control weeds that compete with crops for water and nutrients.
Other crop protection products: PI Industries also offers miticides, rodenticides, and other specialized crop protection products.

Fine Chemicals:

High-purity chemicals used in various industries, including:
- Pharmaceuticals
- Food
- Cosmetics
- Electronics

Pharmaceutical Intermediates:

Chemicals used in the manufacture of active pharmaceutical ingredients (APIs).

PI Industries Fundamentals

Financials:

Market Capitalization: ₹552,926 Million (as of February 21, 2024)
Revenue: ₹5,955 Crore (FY 2023)
Profit After Tax (PAT): ₹1,770 Crore (FY 2023)
Earnings per Share (EPS): ₹11.67 (FY 2023)
Debt-to-Equity Ratio: 0.03 (as of March 31, 2023)

Growth:

Revenue has grown at a CAGR of 18% over the past 5 years.
PAT has grown at a CAGR of 24% over the past 5 years.
EPS has grown at a CAGR of 25% over the past 5 years.

Profitability:

Operating margin: 21% (FY 2023)
Net profit margin: 30% (FY 2023)
Return on Equity (ROE): 31% (FY 2023)

PI Industries Revenue and Net Profit

Revenue:

FY 2023: ₹5,955 Crore (Image of PI Industries revenue FY23)
FY 2022: ₹4,821 Crore
FY 2021: ₹4,156 Crore
FY 2020: ₹3,456 Crore
FY 2019: ₹3,331 Crore

Net Profit:

FY 2023: ₹1,770 Crore (Image of PI Industries net profit FY23)
FY 2022: ₹1,422 Crore
FY 2021: ₹1,105 Crore
FY 2020: ₹859 Crore
FY 2019: ₹730 Crore

PI Industries Shareholding Patterns

Category	Percentage holding
Promoters	46.09%
Foreign Institutional Investors (FIIs)	20.41%
Domestic Institutional Investors (DIIs)	23.20%
Public	10.30%