Financials PI Industries Limited NSE India S.E.

Equities

PIIND

INE603J01030

Agricultural Chemicals

Market Closed - NSE India S.E. 07:43:54 2024-07-01 EDT 5-day change 1st Jan Change
3,816 INR +0.44% Intraday chart for PI Industries Limited +0.33% +8.53%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 142,351 161,524 342,056 427,753 459,097 578,954 - -
Enterprise Value (EV) 1 140,439 163,934 321,356 407,782 426,825 586,811 537,462 527,382
P/E ratio 34.7 x 35.4 x 45.2 x 50.7 x 37.4 x 34.9 x 35.4 x 30.5 x
Yield 0.39% 0.34% 0.22% 0.21% 0.33% 0.3% 0.35% 0.38%
Capitalization / Revenue 5.01 x 4.8 x 7.47 x 8.07 x 7.07 x 7.65 x 6.55 x 5.63 x
EV / Revenue 4.94 x 4.87 x 7.02 x 7.69 x 6.57 x 7.65 x 6.08 x 5.13 x
EV / EBITDA 24.4 x 22.8 x 31.7 x 35.7 x 27.7 x 28.9 x 23.6 x 20 x
EV / FCF 630 x 689 x 112 x 213 x 36.2 x 374 x 76.3 x 48.3 x
FCF Yield 0.16% 0.15% 0.89% 0.47% 2.76% 0.27% 1.31% 2.07%
Price to Book 6.23 x 6.16 x 6.41 x 6.99 x 6.39 x 6.7 x 5.73 x 4.92 x
Nbr of stocks (in thousands) 138,031 138,108 151,718 151,629 151,662 151,676 - -
Reference price 2 1,031 1,170 2,255 2,821 3,027 3,817 3,817 3,817
Announcement Date 19-05-17 20-06-04 21-05-18 22-05-17 23-05-18 24-05-21 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 28,409 33,665 45,770 52,995 64,920 76,658 88,423 102,778
EBITDA 1 5,764 7,186 10,122 11,424 15,421 20,315 22,761 26,344
EBIT 1 5,429 5,819 8,374 9,406 13,156 17,233 19,538 22,513
Operating Margin 19.11% 17.29% 18.3% 17.75% 20.26% 22.48% 22.1% 21.9%
Earnings before Tax (EBT) 1 5,379 6,138 9,385 10,328 14,443 18,947 21,327 24,699
Net income 1 4,102 4,566 7,383 8,438 12,295 16,815 16,323 18,996
Net margin 14.44% 13.56% 16.13% 15.92% 18.94% 21.94% 18.46% 18.48%
EPS 2 29.73 33.08 49.89 55.63 81.04 110.8 107.7 125.3
Free Cash Flow 1 223 238 2,859 1,916 11,789 1,472 7,043 10,929
FCF margin 0.78% 0.71% 6.25% 3.62% 18.16% 1.88% 7.96% 10.63%
FCF Conversion (EBITDA) 3.87% 3.31% 28.25% 16.77% 76.45% 7.34% 30.94% 41.49%
FCF Conversion (Net income) 5.44% 5.21% 38.72% 22.71% 95.88% 9.16% 43.14% 57.53%
Dividend per Share 2 4.000 4.000 5.000 6.000 10.00 11.37 13.44 14.52
Announcement Date 19-05-17 20-06-04 21-05-18 22-05-17 23-05-18 24-05-21 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2024 S2 2025 Q1
Net sales 1 22,178 11,621 11,971 11,938 13,542 13,563 13,952 15,432 17,700 16,132 15,656 19,104 21,303 18,948 20,105 - -
EBITDA 1 5,140 2,753 2,274 2,489 2,920 2,965 3,050 3,456 4,319 4,151 3,428 4,678 5,269 4,765 5,016 10,586 -
EBIT 1 - 2,313 1,826 - - 2,462 2,514 - 3,759 3,584 2,851 3,981 4,852 3,865 3,967 - -
Operating Margin - 19.9% 15.25% - - 18.15% 18.02% - 21.24% 22.22% 18.21% 20.84% 22.78% 20.4% 19.73% - -
Earnings before Tax (EBT) 1 - 2,636 2,223 - 2,666 2,692 2,693 3,140 3,977 4,002 3,325 4,454 4,998 4,362 4,737 - -
Net income 1 - 1,954 1,798 1,872 2,296 2,226 2,044 2,624 3,348 3,518 2,806 3,829 4,217 3,649 3,917 - -
Net margin - 16.81% 15.02% 15.68% 16.95% 16.41% 14.65% 17% 18.92% 21.81% 17.92% 20.04% 19.79% 19.26% 19.48% - -
EPS 2 - 12.82 11.95 12.34 15.14 14.67 13.48 17.29 22.06 23.20 18.50 25.24 28.28 24.18 25.90 - -
Dividend per Share - - - - - - - - - - - - - - 9.000 - -
Announcement Date 20-10-28 21-02-02 21-05-18 21-07-30 21-11-12 22-02-03 22-05-17 22-08-03 22-11-08 23-02-14 23-05-18 23-08-09 - - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 2,410 - - - - - -
Net Cash position 1 1,912 - 20,700 19,971 32,272 27,974 41,492 51,572
Leverage (Debt/EBITDA) - 0.3354 x - - - - - -
Free Cash Flow 1 223 238 2,859 1,916 11,789 1,472 7,043 10,929
ROE (net income / shareholders' equity) 19.5% 18.6% 18.5% 14.7% 18.5% 20.2% 17.1% 17.1%
ROA (Net income/ Total Assets) - 12.4% 13.2% 11.4% 15.1% 17.3% 13.3% 13.8%
Assets 1 - 36,898 56,134 73,965 81,354 92,933 122,731 138,151
Book Value Per Share 2 166.0 190.0 351.0 404.0 474.0 570.0 666.0 776.0
Cash Flow per Share 2 - 50.60 49.00 34.90 98.80 106.0 115.0 136.0
Capex 1 3,685 6,743 4,390 3,371 3,225 13,054 8,158 7,842
Capex / Sales 12.97% 20.03% 9.59% 6.36% 4.97% 16.69% 9.23% 7.63%
Announcement Date 19-05-17 20-06-04 21-05-18 22-05-17 23-05-18 24-05-21 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
27
Last Close Price
3,817 INR
Average target price
4,172 INR
Spread / Average Target
+9.31%
Consensus
  1. Stock Market
  2. Equities
  3. PIIND Stock
  4. PIIND Stock
  5. Financials PI Industries Limited