P I Industries Ltd

NSE: PIIND BSE: 523642

₹2051

-23.90 (1.15%)

Sun, 25 Oct 2026, 04:02 pm

MTF 5xInvest in P I Industries Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)31091.6

PE Ratio26.71

Dividend0.73

Process Industries

Chemicals: Specialty

24.5K

P I Industries Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-187.71M	-159.68M	-154.62M	-195.20M	-213.74M	-118.23M	-121.26M	-116.89M	-87.66M	-73.32M	-71.00M	-190.00M	-340.00M	-200.00M	-393.00M	-436.00M	-563.00M
Pretax equity in earnings	0	0	0	0	0	0	—	0	-925.00K	1.48M	0	—	—	—	—	—	—
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	8.00M	44.00M	36.00M	68.00M	105.00M	43.00M
Total assets	4.21B	4.71B	7.01B	8.78B	12.43B	14.98B	19.28B	23.63B	28.98B	33.28B	32.70B	43.67B	71.63B	79.95B	87.75B	116.12B	131.28B
Total current assets	2.34B	2.58B	4.11B	4.75B	6.89B	9.10B	12.10B	13.36B	17.15B	20.59B	16.91B	20.23B	44.93B	49.64B	56.62B	66.78B	69.52B
Cash and short term investments	51.20M	54.39M	83.96M	94.11M	174.64M	480.10M	361.19M	614.26M	2.45B	3.05B	2.01B	2.67B	23.28B	22.65B	32.27B	39.51B	37.59B
Cash & equivalents	26.59M	19.50M	42.26M	57.45M	83.12M	406.29M	285.27M	456.94M	927.25M	1.22B	652.00M	1.27B	1.30B	3.52B	8.79B	8.88B	5.93B
Short term investments	24.61M	34.90M	41.70M	36.66M	91.52M	73.81M	75.92M	157.32M	1.52B	1.82B	1.36B	1.40B	21.98B	19.13B	23.48B	30.64B	31.67B
Total receivables, net	1.10B	1.33B	2.15B	1.74B	2.73B	2.87B	4.11B	4.20B	4.63B	5.79B	7.81B	8.39B	9.17B	10.73B	8.64B	11.49B	19.18B
Accounts receivable - trade, net	922.62M	1.03B	1.77B	1.72B	2.63B	2.57B	3.83B	3.98B	4.24B	5.27B	6.62B	6.46B	8.52B	10.02B	8.38B	10.91B	18.33B
Other receivables	180.07M	293.25M	387.46M	20.18M	107.81M	297.65M	282.45M	223.16M	388.02M	518.95M	1.19B	1.93B	649.00M	710.00M	256.00M	584.00M	849.00M
Total inventory	1.04B	1.03B	1.41B	1.91B	2.55B	3.45B	4.01B	4.07B	4.55B	4.95B	5.98B	8.34B	10.90B	14.94B	14.43B	13.53B	10.34B
Other current assets, total	64.27M	52.87M	114.74M	258.55M	380.97M	541.84M	701.17M	593.98M	422.08M	743.38M	1.07B	753.00M	1.48B	1.21B	1.13B	1.99B	2.05B
Total non-current assets	1.87B	2.13B	2.90B	4.03B	5.54B	5.88B	7.18B	10.27B	11.84B	12.70B	15.79B	23.43B	26.70B	30.31B	31.13B	49.33B	61.76B
Long term investments	3.63M	5.18M	5.18M	5.18M	5.18M	66.19M	62.04M	3.23M	40.06M	47.59M	303.00M	240.00M	521.00M	2.23B	406.00M	1.31B	4.97B
Note receivable - long term	—	—	—	—	—	—	—	—	—	—	41.00M	61.00M	67.00M	—	—	—	4.00M
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	4.22M	6.20M	102.00M	109.00M	153.00M	190.00M	258.00M	335.00M	378.00M
Other investments	3.63M	5.18M	5.18M	5.18M	5.18M	66.19M	62.04M	3.23M	35.84M	41.39M	160.00M	70.00M	301.00M	2.04B	148.00M	972.00M	4.58B
Net property/plant/equipment	1.86B	2.08B	2.86B	3.73B	5.31B	5.65B	6.90B	9.49B	10.19B	10.92B	13.72B	20.01B	22.77B	24.04B	25.71B	31.77B	37.17B
Gross property/plant/equipment	2.64B	2.98B	3.92B	4.90B	6.68B	7.18B	8.60B	10.02B	11.43B	12.97B	16.66B	24.25B	28.66B	31.75B	35.37B	44.05B	52.03B
Deferred tax assets	—	37.61M	20.81M	32.40M	34.46M	48.05M	65.29M	341.80M	1.20B	1.32B	1.29B	1.42B	1.61B	2.04B	2.95B	8.95B	8.78B
Net intangible assets	10.11M	11.11M	11.54M	50.22M	74.49M	107.61M	141.54M	174.14M	263.78M	278.86M	350.00M	1.57B	1.56B	1.70B	1.81B	6.79B	10.56B
Goodwill, net	0	0	0	0	0	0	0	0	0	0	0	828.00M	828.00M	828.00M	828.00M	3.61B	5.54B
Other intangibles, net	10.11M	11.11M	11.54M	50.22M	74.49M	107.61M	141.54M	174.14M	263.78M	278.86M	350.00M	745.00M	737.00M	874.00M	982.00M	3.18B	5.03B
Other long term assets, total	0	0	0	204.20M	110.01M	3.75M	4.92M	111.32M	95.56M	120.81M	118.00M	186.00M	224.00M	297.00M	246.00M	514.00M	264.00M
Short term debt	1.07B	440.57M	1.55B	1.28B	1.32B	770.04M	981.27M	289.32M	368.66M	370.52M	393.00M	1.37B	866.00M	1.17B	141.00M	851.00M	604.00M
Current portion of LT debt and capital leases	—	—	—	171.51M	298.88M	362.78M	333.33M	269.42M	368.66M	370.52M	393.00M	284.00M	866.00M	1.17B	141.00M	189.00M	267.00M
Short term debt excl. current portion of LT debt	1.07B	440.57M	1.55B	1.11B	1.02B	407.26M	647.94M	19.90M	0	0	0	1.08B	0	0	0	662.00M	337.00M
Accounts payable	677.20M	941.41M	1.32B	958.39M	2.40B	2.87B	3.54B	3.66B	2.88B	3.69B	5.13B	5.91B	7.96B	9.24B	8.38B	11.48B	12.10B
Income tax payable	84.22M	133.81M	400.51M	792.21M	1.06B	1.87B	3.00B	3.89B	4.97B	5.97B	5.00M	44.00M	65.00M	94.00M	54.00M	62.00M	255.00M
Long term debt	965.76M	1.06B	931.26M	1.19B	851.14M	501.27M	166.67M	1.22B	829.67M	463.33M	99.00M	4.31B	2.86B	1.98B	324.00M	1.05B	1.24B
Long term debt excl. lease liabilities	965.76M	1.06B	931.26M	1.19B	851.14M	501.27M	166.67M	1.22B	829.67M	463.33M	99.00M	4.31B	2.86B	1.98B	324.00M	1.05B	1.24B
Total equity	938.83M	1.55B	2.14B	3.25B	5.32B	6.95B	8.96B	11.71B	16.27B	19.25B	22.85B	26.19B	53.42B	61.20B	71.98B	87.31B	101.57B
Shareholders' equity	938.83M	1.55B	2.14B	3.25B	5.32B	6.95B	8.96B	11.71B	16.27B	19.25B	22.85B	26.19B	53.42B	61.20B	71.98B	87.31B	101.57B
Common equity, total	938.83M	1.34B	2.06B	3.25B	5.32B	6.95B	8.96B	11.71B	16.27B	19.25B	22.85B	26.19B	53.42B	61.20B	71.98B	87.31B	101.57B
Other common equity	866.07M	1.25B	1.84B	2.71B	3.59B	930.05M	1.13B	1.57B	2.15B	2.03B	2.08B	1.50B	2.10B	2.20B	2.76B	3.29B	3.00B
Total debt	2.03B	1.50B	2.48B	2.47B	2.17B	1.27B	1.15B	1.51B	1.20B	833.85M	492.00M	5.68B	3.72B	3.15B	465.00M	1.91B	1.84B
Net debt	1.98B	1.44B	2.39B	2.37B	2.00B	791.21M	786.74M	899.49M	-1.25B	-2.21B	-1.52B	3.01B	-19.55B	-19.50B	-31.81B	-37.61B	-35.75B
Change in accounts receivable	-5.41M	-162.63M	-899.64M	-95.67M	-1.11B	-15.64M	-1.24B	-233.98M	-412.47M	-847.81M	-2.03B	764.00M	-1.12B	-2.12B	1.71B	-494.00M	-7.37B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	45.19M	279.21M	438.73M	-90.58M	1.45B	535.56M	607.92M	169.55M	-840.99M	818.51M	1.50B	319.00M	2.20B	1.18B	1.00M	2.40B	-676.00M
Change in other assets/liabilities	0	0	0	203.38M	-133.61M	169.34M	255.88M	250.75M	390.23M	-877.54M	-144.00M	1.02B	192.00M	-658.00M	38.00M	-278.00M	151.00M
Sale of fixed assets & businesses	0	0	0	86.62M	349.00K	4.71M	6.10M	26.93M	5.98M	949.00K	8.00M	48.00M	15.00M	9.00M	38.00M	14.00M	121.00M
Purchase/sale of investments, net	5.90M	0	0	1.00K	0	0	0	-57.50M	-1.10B	-375.18M	267.00M	1.01B	-20.16B	1.59B	-2.58B	-7.01B	-4.54B
Sale/maturity of investments	5.90M	0	—	1.00K	0	0	0	0	0	0	427.00M	1.01B	4.00B	3.08B	2.57B	3.17B	5.03B
Purchase of investments	0	0	0	0	0	0	0	-57.50M	-1.10B	-375.18M	-160.00M	0	-24.16B	-1.48B	-5.15B	-10.18B	-9.56B
Other investing cash flow items, total	4.90M	1.49M	2.15M	0	0	0	0	0	0	0	0	0	-1.00M	0	0	0	0
Issuance/retirement of debt, net	244.83M	-825.59M	980.47M	63.89M	-401.86M	-1.10B	-153.30M	287.41M	-297.02M	-364.48M	-399.00M	4.56B	-1.79B	-720.00M	-2.67B	248.00M	-192.00M
Issuance/retirement of long term debt	71.40M	-199.84M	332.66M	517.55M	-276.06M	-398.02M	-393.08M	937.26M	-272.41M	-364.48M	0	0	0	0	0	0	—
Issuance/retirement of short term debt	173.43M	-625.75M	647.81M	-453.66M	-125.80M	-698.53M	239.78M	-649.85M	-24.61M	0	—	1.08B	-1.08B	0	0	0	—
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	-399.00M	3.48B	-703.00M	-720.00M	-2.67B	248.00M	-192.00M
Total cash dividends paid	-9.00K	-14.93M	-49.92M	-100.13M	-75.56M	-272.22M	-300.00M	-725.33M	-248.39M	-661.79M	-831.00M	-748.00M	-607.00M	-758.00M	-1.14B	-1.74B	-2.28B
Other financing cash flow items, total	0	0	0	-49.26M	1.17B	32.89M	37.93M	0	0	0	0	0	0	0	0	0	0

Particulars	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-187.71M	-159.68M	-154.62M	-195.20M	-213.74M	-118.23M	-121.26M	-116.89M	-87.66M	-73.32M	-71.00M	-190.00M	-340.00M	-200.00M	-393.00M	-436.00M	-563.00M
Pretax equity in earnings	0	0	0	0	0	0	—	0	-925.00K	1.48M	0	—	—	—	—	—	—
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	8.00M	44.00M	36.00M	68.00M	105.00M	43.00M
Total assets	4.21B	4.71B	7.01B	8.78B	12.43B	14.98B	19.28B	23.63B	28.98B	33.28B	32.70B	43.67B	71.63B	79.95B	87.75B	116.12B	131.28B
Total current assets	2.34B	2.58B	4.11B	4.75B	6.89B	9.10B	12.10B	13.36B	17.15B	20.59B	16.91B	20.23B	44.93B	49.64B	56.62B	66.78B	69.52B
Cash and short term investments	51.20M	54.39M	83.96M	94.11M	174.64M	480.10M	361.19M	614.26M	2.45B	3.05B	2.01B	2.67B	23.28B	22.65B	32.27B	39.51B	37.59B
Cash & equivalents	26.59M	19.50M	42.26M	57.45M	83.12M	406.29M	285.27M	456.94M	927.25M	1.22B	652.00M	1.27B	1.30B	3.52B	8.79B	8.88B	5.93B
Short term investments	24.61M	34.90M	41.70M	36.66M	91.52M	73.81M	75.92M	157.32M	1.52B	1.82B	1.36B	1.40B	21.98B	19.13B	23.48B	30.64B	31.67B
Total receivables, net	1.10B	1.33B	2.15B	1.74B	2.73B	2.87B	4.11B	4.20B	4.63B	5.79B	7.81B	8.39B	9.17B	10.73B	8.64B	11.49B	19.18B
Accounts receivable - trade, net	922.62M	1.03B	1.77B	1.72B	2.63B	2.57B	3.83B	3.98B	4.24B	5.27B	6.62B	6.46B	8.52B	10.02B	8.38B	10.91B	18.33B
Other receivables	180.07M	293.25M	387.46M	20.18M	107.81M	297.65M	282.45M	223.16M	388.02M	518.95M	1.19B	1.93B	649.00M	710.00M	256.00M	584.00M	849.00M
Total inventory	1.04B	1.03B	1.41B	1.91B	2.55B	3.45B	4.01B	4.07B	4.55B	4.95B	5.98B	8.34B	10.90B	14.94B	14.43B	13.53B	10.34B
Other current assets, total	64.27M	52.87M	114.74M	258.55M	380.97M	541.84M	701.17M	593.98M	422.08M	743.38M	1.07B	753.00M	1.48B	1.21B	1.13B	1.99B	2.05B
Total non-current assets	1.87B	2.13B	2.90B	4.03B	5.54B	5.88B	7.18B	10.27B	11.84B	12.70B	15.79B	23.43B	26.70B	30.31B	31.13B	49.33B	61.76B
Long term investments	3.63M	5.18M	5.18M	5.18M	5.18M	66.19M	62.04M	3.23M	40.06M	47.59M	303.00M	240.00M	521.00M	2.23B	406.00M	1.31B	4.97B
Note receivable - long term	—	—	—	—	—	—	—	—	—	—	41.00M	61.00M	67.00M	—	—	—	4.00M
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	4.22M	6.20M	102.00M	109.00M	153.00M	190.00M	258.00M	335.00M	378.00M
Other investments	3.63M	5.18M	5.18M	5.18M	5.18M	66.19M	62.04M	3.23M	35.84M	41.39M	160.00M	70.00M	301.00M	2.04B	148.00M	972.00M	4.58B
Net property/plant/equipment	1.86B	2.08B	2.86B	3.73B	5.31B	5.65B	6.90B	9.49B	10.19B	10.92B	13.72B	20.01B	22.77B	24.04B	25.71B	31.77B	37.17B
Gross property/plant/equipment	2.64B	2.98B	3.92B	4.90B	6.68B	7.18B	8.60B	10.02B	11.43B	12.97B	16.66B	24.25B	28.66B	31.75B	35.37B	44.05B	52.03B
Deferred tax assets	—	37.61M	20.81M	32.40M	34.46M	48.05M	65.29M	341.80M	1.20B	1.32B	1.29B	1.42B	1.61B	2.04B	2.95B	8.95B	8.78B
Net intangible assets	10.11M	11.11M	11.54M	50.22M	74.49M	107.61M	141.54M	174.14M	263.78M	278.86M	350.00M	1.57B	1.56B	1.70B	1.81B	6.79B	10.56B
Goodwill, net	0	0	0	0	0	0	0	0	0	0	0	828.00M	828.00M	828.00M	828.00M	3.61B	5.54B
Other intangibles, net	10.11M	11.11M	11.54M	50.22M	74.49M	107.61M	141.54M	174.14M	263.78M	278.86M	350.00M	745.00M	737.00M	874.00M	982.00M	3.18B	5.03B
Other long term assets, total	0	0	0	204.20M	110.01M	3.75M	4.92M	111.32M	95.56M	120.81M	118.00M	186.00M	224.00M	297.00M	246.00M	514.00M	264.00M
Short term debt	1.07B	440.57M	1.55B	1.28B	1.32B	770.04M	981.27M	289.32M	368.66M	370.52M	393.00M	1.37B	866.00M	1.17B	141.00M	851.00M	604.00M
Current portion of LT debt and capital leases	—	—	—	171.51M	298.88M	362.78M	333.33M	269.42M	368.66M	370.52M	393.00M	284.00M	866.00M	1.17B	141.00M	189.00M	267.00M
Short term debt excl. current portion of LT debt	1.07B	440.57M	1.55B	1.11B	1.02B	407.26M	647.94M	19.90M	0	0	0	1.08B	0	0	0	662.00M	337.00M
Accounts payable	677.20M	941.41M	1.32B	958.39M	2.40B	2.87B	3.54B	3.66B	2.88B	3.69B	5.13B	5.91B	7.96B	9.24B	8.38B	11.48B	12.10B
Income tax payable	84.22M	133.81M	400.51M	792.21M	1.06B	1.87B	3.00B	3.89B	4.97B	5.97B	5.00M	44.00M	65.00M	94.00M	54.00M	62.00M	255.00M
Long term debt	965.76M	1.06B	931.26M	1.19B	851.14M	501.27M	166.67M	1.22B	829.67M	463.33M	99.00M	4.31B	2.86B	1.98B	324.00M	1.05B	1.24B
Long term debt excl. lease liabilities	965.76M	1.06B	931.26M	1.19B	851.14M	501.27M	166.67M	1.22B	829.67M	463.33M	99.00M	4.31B	2.86B	1.98B	324.00M	1.05B	1.24B
Total equity	938.83M	1.55B	2.14B	3.25B	5.32B	6.95B	8.96B	11.71B	16.27B	19.25B	22.85B	26.19B	53.42B	61.20B	71.98B	87.31B	101.57B
Shareholders' equity	938.83M	1.55B	2.14B	3.25B	5.32B	6.95B	8.96B	11.71B	16.27B	19.25B	22.85B	26.19B	53.42B	61.20B	71.98B	87.31B	101.57B
Common equity, total	938.83M	1.34B	2.06B	3.25B	5.32B	6.95B	8.96B	11.71B	16.27B	19.25B	22.85B	26.19B	53.42B	61.20B	71.98B	87.31B	101.57B
Other common equity	866.07M	1.25B	1.84B	2.71B	3.59B	930.05M	1.13B	1.57B	2.15B	2.03B	2.08B	1.50B	2.10B	2.20B	2.76B	3.29B	3.00B
Total debt	2.03B	1.50B	2.48B	2.47B	2.17B	1.27B	1.15B	1.51B	1.20B	833.85M	492.00M	5.68B	3.72B	3.15B	465.00M	1.91B	1.84B
Net debt	1.98B	1.44B	2.39B	2.37B	2.00B	791.21M	786.74M	899.49M	-1.25B	-2.21B	-1.52B	3.01B	-19.55B	-19.50B	-31.81B	-37.61B	-35.75B
Change in accounts receivable	-5.41M	-162.63M	-899.64M	-95.67M	-1.11B	-15.64M	-1.24B	-233.98M	-412.47M	-847.81M	-2.03B	764.00M	-1.12B	-2.12B	1.71B	-494.00M	-7.37B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	45.19M	279.21M	438.73M	-90.58M	1.45B	535.56M	607.92M	169.55M	-840.99M	818.51M	1.50B	319.00M	2.20B	1.18B	1.00M	2.40B	-676.00M
Change in other assets/liabilities	0	0	0	203.38M	-133.61M	169.34M	255.88M	250.75M	390.23M	-877.54M	-144.00M	1.02B	192.00M	-658.00M	38.00M	-278.00M	151.00M
Sale of fixed assets & businesses	0	0	0	86.62M	349.00K	4.71M	6.10M	26.93M	5.98M	949.00K	8.00M	48.00M	15.00M	9.00M	38.00M	14.00M	121.00M
Purchase/sale of investments, net	5.90M	0	0	1.00K	0	0	0	-57.50M	-1.10B	-375.18M	267.00M	1.01B	-20.16B	1.59B	-2.58B	-7.01B	-4.54B
Sale/maturity of investments	5.90M	0	—	1.00K	0	0	0	0	0	0	427.00M	1.01B	4.00B	3.08B	2.57B	3.17B	5.03B
Purchase of investments	0	0	0	0	0	0	0	-57.50M	-1.10B	-375.18M	-160.00M	0	-24.16B	-1.48B	-5.15B	-10.18B	-9.56B
Other investing cash flow items, total	4.90M	1.49M	2.15M	0	0	0	0	0	0	0	0	0	-1.00M	0	0	0	0
Issuance/retirement of debt, net	244.83M	-825.59M	980.47M	63.89M	-401.86M	-1.10B	-153.30M	287.41M	-297.02M	-364.48M	-399.00M	4.56B	-1.79B	-720.00M	-2.67B	248.00M	-192.00M
Issuance/retirement of long term debt	71.40M	-199.84M	332.66M	517.55M	-276.06M	-398.02M	-393.08M	937.26M	-272.41M	-364.48M	0	0	0	0	0	0	—
Issuance/retirement of short term debt	173.43M	-625.75M	647.81M	-453.66M	-125.80M	-698.53M	239.78M	-649.85M	-24.61M	0	—	1.08B	-1.08B	0	0	0	—
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	-399.00M	3.48B	-703.00M	-720.00M	-2.67B	248.00M	-192.00M
Total cash dividends paid	-9.00K	-14.93M	-49.92M	-100.13M	-75.56M	-272.22M	-300.00M	-725.33M	-248.39M	-661.79M	-831.00M	-748.00M	-607.00M	-758.00M	-1.14B	-1.74B	-2.28B
Other financing cash flow items, total	0	0	0	-49.26M	1.17B	32.89M	37.93M	0	0	0	0	0	0	0	0	0	0