PI Industries logo

PI Industries share price

NSE: PIINDBSE: 523642Fertilizers & AgrochemicalsMid Cap

Last close ₹2,051.00down ₹23.90 (1.15%)BSE ₹2,049.30

Share price at the NSE close on 23 Oct 2026. Previous close ₹2,074.90.

52-week range of traded prices to 23 Oct 2026
₹2,013.00Low, 23 Oct 2026₹3,832.90High, 10 Nov 2025
Market cap
₹31,117 Cr205th largest listed
P/E
26.7
P/B
2.8
Dividend yield
0.73%
ROE
10.9%
ROCE
9.9%
Debt to equity
0.02
Volume, NSE
2,76,99242.2% delivered

Share price

Daily closes since May 2009, BSE closes May 2007 to Jun 2011, adjusted for splits and bonuses. Earlier closes are left out: on 13 May 2009 the price changed in a way no corporate action on record explains.

−42.1%over a year

Results20-session average 2,60,095 shares a day, 47.8% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 11 Aug

Revenue
₹1,702 Crup 8.76%
Net profit
₹244 Crup 21.98%
Net margin
14.3%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.

₹ croreSep 2024Filed 14 NovDec 2024Filed 7 FebMar 2025Filed 12 JunJun 2025Filed 12 AugSep 2025Filed 11 NovDec 2025Filed 12 FebMar 2026Filed 19 MayJun 2026Filed 11 Aug
Revenue2,2211,9011,7871,9011,8721,3761,5651,702
Net profit508373331400409311200244
Net margin22.9%19.6%18.5%21.0%21.9%22.6%12.8%14.3%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Agro Chemicals₹6,417 Crdown 17.36%95.5%
  • Pharma₹301 Crup 39.70%4.5%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 5% of 2,480 trading days over the last 10 years.

LowestHighest
Its median36.6Industry median19.2
Price to book

At or below today's level on 0.1% of 1,973 trading days since Oct 2018.

LowestHighest
Its median7.0Industry median1.8
EV to EBITDA18.8

At or below today's level on 0.1% of 1,973 trading days since Oct 2018.

LowestHighest
Its median29.9Industry median10.2
Dividend yield

At or below today's level on 100% of 2,480 trading days over the last 10 years.

LowestHighest
Its median0.31%Industry median0.52%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−20.1%−20.4%−0.3%0.6%
3 years−3.1%+2.4%−5.8%0.5%
5 years+4.2%+12.3%−7.6%0.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters46.09%
  • Foreign institutions14.78%
  • Indian institutions31.52%
  • Individuals and others7.60%
  • Employee trusts0.01%
Holder
MAYANK SINGHALPromoter20.45%
MADHU SINGHALPromoter9.42%
LICI ULIP-GROWTH FUNDInsurance companies7.01%
POOJA SINGHAL JOINTLY WITH SHEFALI KHUSHALANI(Trustees of Alpha Family Trust)Promoter4.05%
POOJA SINGHAL JOINTLY WITH SHEFALI KHUSHALANI(Trustees of Beta Family Trust)Promoter4.05%
SHEFALI KHUSHALANI JOINTLY WITH MADHU SINGHAL(Trustees of Domane Family Trust)Promoter4.05%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

171 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 77 of the 98 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
2
Bought again
7
Added
48
Cut
50
Held unchanged
62
Sold out
6
Fund
Kotak Mahindra Mutual Fund logoKotak Mid Cap FundKotak Mahindra Mutual Fund28,44,1090.99%₹657.0 Cr
SBI Mutual Fund logoSBI Large Cap FundSBI Mutual Fund22,70,0001.00%₹524.4 Cr
ICICI Prudential Mutual Fund logoICICI Prudential India Opportunities FundICICI Prudential Mutual Fund20,12,4471.27%₹464.9 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Large & Mid Cap FundICICI Prudential Mutual Fund19,39,3471.42%₹448.0 Cr
Mirae Asset Mutual Fund logoMirae Asset Large & Midcap FundMirae Asset Mutual Fund18,36,1620.99%₹424.2 Cr
Axis Mutual Fund logoAxis ELSS Tax Saver FundAxis Mutual Fund17,22,7841.31%₹398.0 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund15,00,4370.48%₹346.6 Cr
SBI Mutual Fund logoSBI Midcap FundSBI Mutual Fund15,00,0001.49%₹346.5 Cr
Mirae Asset Mutual Fund logoMirae Asset Midcap FundMirae Asset Mutual Fund13,90,3771.64%₹321.2 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Flexi Cap FundICICI Prudential Mutual Fund11,97,7811.10%₹276.7 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Pesticides & Agrochemicals, 34 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to PI Industries in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
UPL logoUPLUPL42,93921.31.26.3+12.9%+69.3%6.3%9.4%1.18%
Sumitomo Chemical India logoSumitomo Chemical IndiaSUMICHEM17,99931.15.326.1−3.6%–18.4%18.2%0.36%
Bayer Cropscience logoBayer CropscienceBAYERCROP15,20620.85.115.4−2.8%+23.6%25.2%26.2%4.43%
Sharda Cropchem logoSharda CropchemSHARDACROP5,7989.31.85.3+18.5%+49.1%22.2%22.3%2.33%
Rallis India logoRallis IndiaRALLIS3,78419.21.710.2+6.8%+11.9%9.3%11.3%1.54%
Dhanuka Agritech logoDhanuka AgritechDHANUKA3,72113.92.29.9−5.6%−11.7%17.4%18.5%0.24%
NACL Industries logoNACL IndustriesNACLIND2,726220.44.028.2+11.9%–2.2%7.4%0.00%
Bhagiradha Chemicals & Industries logoBhagiradha Chemicals & IndustriesBHAGCHEM2,52891.93.634.8+34.1%+126.9%4.0%5.7%0.08%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹16.00 a share, year to Mar 2025.
Ex-dateTypePer share
7 Aug 2026Final₹10.00
23 Feb 2026Interim₹5.00
7 Aug 2025Final₹10.00
14 Feb 2025Interim₹6.00
20 Aug 2024Final₹9.00
21 Feb 2024Interim₹6.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

PI Industries share price by year

Each calendar year to 2025.PI Industries share price history

YearClose at year endChangeHighest closeLowest close
20253,238.20−12.1%4,324.202,987.10
20243,685.65+4.8%4,731.353,241.95
20233,515.90+2.8%3,972.452,903.70
20223,419.90+12.7%3,623.702,367.35
20213,034.20+38.2%3,497.601,999.25
20202,195.05+51.8%2,445.651,010.05
20191,445.90+67.7%1,506.55832.05
2018862.45−10.4%1,016.20696.80
2017962.50+15.8%986.40692.25
2016831.10+28.0%908.50516.15
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20262,084.002,084.102,013.002,051.002,034.392,76,99242.2%
22 Oct 20262,101.002,103.002,061.202,074.902,078.161,16,01533.7%
21 Oct 20262,085.002,140.002,077.802,103.002,107.456,39,89246.4%
19 Oct 20262,190.002,219.602,151.002,163.502,188.643,25,68152.1%
16 Oct 20262,202.302,222.402,171.302,190.002,192.822,01,63951.5%
15 Oct 20262,218.802,233.002,187.702,203.802,206.971,22,25642.6%
14 Oct 20262,137.402,237.502,116.802,218.802,209.345,85,57340.4%
13 Oct 20262,131.502,143.202,112.602,130.002,127.193,37,09871.8%
12 Oct 20262,131.002,153.702,118.202,131.502,133.6875,51437.7%
9 Oct 20262,120.002,143.502,106.002,118.202,122.611,19,14041.5%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
12 Apr 2013Split0.2000Each share became 5.
17 Aug 2011Split0.5000Each share became 2.
8 Jul 2010Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
13 May 2009Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Where an event has no factor that can be worked out, the chart leaves out the closes before it. Any other event is noted and not adjusted for.

About PI Industries

PI Industries Limited makes crop protection products and provides research and manufacturing services to agriculture and pharmaceutical customers. Its products include insecticides, fungicides, herbicides and biologicals. It works with more than 25 global innovator companies, and its custom synthesis and manufacturing platform serves global innovators across crop protection and electronic chemicals.

The business runs on two platforms: Agro Chemicals and Pharma. Agro Chemicals comprises custom synthesis and manufacturing for global innovators, Agri Brands and biologicals. Agri Brands is a pan-India branded formulation and distribution franchise that reaches farmers through a network of more than 15,000 channel partners. The biologicals business was strengthened by the acquisition of PI AgSciences. The Pharma platform is PI Health Sciences, a contract research, development and manufacturing organisation with sites in Jaipur and Hyderabad in India and at Lodi, Italy. The company is also expanding into specialty and electronic chemicals.

Its manufacturing sites are at Panoli and Jambusar in Gujarat. Research is carried out at Udaipur in Rajasthan and at Hyderabad in Telangana, and the company has over 700 scientists. It operates in more than 40 countries and has 10 international offices. The registered office is in Udaipur, Rajasthan.

The company was founded in 1946 as an India-based agricultural inputs company. Over the decades it has extended its work from agricultural inputs into life sciences, which now covers both agriculture and health sciences.

Legal name
PI Industries Limited
NSE symbol
PIIND
BSE code
523642
ISIN
INE603J01030
Industry
Fertilizers & Agrochemicals
Listed
Feb 1993 on BSE, Jun 2011 on NSE
Face value
₹1
CIN
L24211RJ1946PLC000469
Corporate identity number, the registrar of companies' code for it