P I Industries Ltd

NSE: PIIND BSE: 523642

₹2751.20

(0.94%)

Sun, 09 Aug 2026, 07:55 pm

Market Cap (in Cr)41725.52

PE Ratio31.60

Dividend0.55

Process Industries

Chemicals: Specialty

24.5K

P I Industries Analysis

Pros

Dividends after 3 years are expected to be thoroughly covered by earnings (7.8x coverage).

Cons

PI Industries is not paying a notable dividend for India, therefore no need to check if the payments are increasing.
No need to calculate the sustainability of PI Industries's dividends as it is not paying a notable one for India.
PI Industries is not paying a notable dividend for India, therefore no need to check if the payments are stable.
PI Industries's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.76%).
PI Industries's dividend is below the markets top 25% of dividend payers in India (3.08%).

Pros

PI Industries's earnings are expected to grow significantly at over 20% yearly.
PI Industries's earnings growth is expected to exceed the India market average.
PI Industries's earnings growth is expected to exceed the low risk savings rate of 7.2%.
PI Industries's earnings are expected to exceed the low risk growth rate next year.
PI Industries's earnings are expected to increase by more than the low risk growth rate in 3 years time.
PI Industries's net income is expected to increase by more than 50% in 2 years time.
PI Industries is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
Performance (ROE) is expected to be above the current IN Chemicals industry average.
An improvement in PI Industries's performance (ROE) is expected over the next 3 years.
PI Industries's revenue is expected to increase by more than 50% in 2 years time.
PI Industries's revenue growth is expected to exceed the India market average.

Cons

Cash flow for PI Industries is expected to increase but not above the 50% threshold in 2 years time.
PI Industries's revenue is expected to grow by 18.5% yearly, however this is not considered high growth (20% yearly).

Pros

PI Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
PI Industries is profitable, therefore cash runway is not a concern.
PI Industries is profitable, therefore cash runway is not a concern.
Debt is well covered by operating cash flow (137.5%, greater than 20% of total debt).
Debt is covered by short term assets, assets are 4x debt.
PI Industries's cash and other short term assets cover its long term commitments.
Interest payments on debt are well covered by earnings (EBIT is 34.2x coverage).
PI Industries's level of debt (19.4%) compared to net worth is satisfactory (less than 40%).

Cons

The level of debt compared to net worth has increased over the past 5 years (12.8% vs 19.4% today).
High level of physical assets or inventory.

Pros

Cons

The average tenure for the PI Industries management team is less than 2 years, this suggests a new team.

Pros

Cons

Pros

PI Industries's 1-year earnings growth exceeds its 5-year average (11.3% vs 9.3%)
PI Industries's year on year earnings growth rate has been positive over the past 5 years.
PI Industries used its assets more efficiently than the IN Chemicals industry average last year based on Return on Assets.
PI Industries's earnings growth has exceeded the IN Chemicals industry average in the past year (11.3% vs 9.1%).

Cons

PI Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
PI Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).

Pros

PIIND outperformed the Chemicals industry which returned 2.2% over the past year.
PIIND outperformed the Market in India which returned -14.5% over the past year.
NSEI:PIIND is up 9% outperforming the Chemicals industry which returned 6.9% over the past month.
NSEI:PIIND is up 9% outperforming the market in India which returned 8% over the past month.

Cons

PI Industries's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
PI Industries's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
PI Industries is overvalued based on assets compared to the IN Chemicals industry average.
PI Industries is poor value based on expected growth next year.
PI Industries is overvalued based on earnings compared to the IN Chemicals industry average.
PI Industries is overvalued based on earnings compared to the India market.