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NSE Close — 28 Sep 2026
₹2,349.0
Change
-51.0 (-2.13%)
Open
₹2,398.4
Prev. Close
₹2,400.0
Day High
₹2,398.4
Day Low
₹2,318.5
Volume Analysis
Traded
113,053
Delivered
43,489
Delivery %
38.47%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (1)
- •Strong operating margin (24.0%)
Weaknesses (0)
No signal for this stock
Opportunities (0)
No signal for this stock
Threats (1)
- •FII holding has been falling
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹2,472.0 | ₹2,435.2 | ₹2,392.1 | ₹2,355.3 | ₹2,312.2 | ₹2,275.4 | ₹2,232.3 |
| Fibonacci | ₹2,435.2 | ₹2,404.68 | ₹2,385.82 | ₹2,355.3 | ₹2,324.78 | ₹2,305.92 | ₹2,275.4 |
| Camarilla | ₹2,370.97 | ₹2,363.65 | ₹2,356.32 | ₹2,355.3 | ₹2,341.68 | ₹2,334.35 | ₹2,327.03 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-27.03%
1 Week
-2.53%
1 Month
-2.94%
3 Months
-8.78%
6 Months
-16.02%
1 Year
-32.74%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹1,203.97
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
10.64%
Net margin 17.88% × asset turnover 0.5x × equity multiplier 1.19x
Company Overview
Sector
Chemicals
Market Cap
₹36,412 Cr
P/E (TTM)
33.7
ROE
11.2%
Book Value
₹740.0
Face Value
₹1.0
Source: Screener.in (Consolidated figures) — data as of 26 Sep 2026. Not investment advice.
TopFund Analysis
Pi Industries Ltd lands in the middle of the pack on TopFund's composite fundamentals check within the Chemicals sector, at 58/100. The strongest factor is Financial Strength (100/100), while Cash Flow (12/100) is the weakest area to weigh before deciding. Notably: Strong operating margin (24.0%). FII holding has been falling.
TopFund Score — Fundamentals Quality
58/100 — AverageData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 28 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company is almost debt free.
- −The company has delivered a poor sales growth of 7.96% over past five years.
- −Debtor days have increased from 65.4 to 87.6 days.
- −Working capital days have increased from 78.5 days to 120 days
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
PI Industries received registration for Pioxaniliprole, India’s first discovered insecticide, for domestic launch.
PI Industries to meet Fortitude Fund, Aberdeen and Kotak Mutual Fund on September 3, 9 and 10, 2026.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,910 | 2,117 | 1,898 | 1,741 | 2,069 | 2,221 | 1,901 | 1,787 | 1,900 | 1,872 | 1,376 | 1,565 | 1,702 |
| Expenses + | 1,443 | 1,566 | 1,344 | 1,299 | 1,486 | 1,593 | 1,389 | 1,332 | 1,381 | 1,331 | 1,073 | 1,228 | 1,335 |
| Operating Profit | 468 | 551 | 554 | 442 | 583 | 628 | 512 | 456 | 519 | 541 | 302 | 337 | 367 |
| OPM % | 24.0% | 26.0% | 29.0% | 25.0% | 28.0% | 28.0% | 27.0% | 25.0% | 27.0% | 29.0% | 22.0% | 22.0% | 22.0% |
| Other Income + | 52 | 49 | 58 | 60 | 75 | 123 | 76 | 75 | 89 | 85 | 172 | 74 | 66 |
| Interest | 4 | 8 | 7 | 11 | 8 | 8 | 8 | 8 | 4 | 3 | 6 | 4 | 8 |
| Depreciation | 70 | 80 | 78 | 80 | 83 | 80 | 99 | 90 | 96 | 98 | 105 | 107 | 104 |
| Profit before tax | 445 | 512 | 526 | 411 | 566 | 663 | 481 | 432 | 507 | 525 | 363 | 300 | 322 |
| Tax % | 14.0% | 6.0% | 15.0% | 10.0% | 21.0% | 23.0% | 22.0% | 24.0% | 21.0% | 22.0% | 14.0% | 33.0% | 24.0% |
| Net Profit + | 383 | 480 | 449 | 370 | 449 | 508 | 373 | 330 | 400 | 409 | 311 | 200 | 244 |
| EPS in Rs | 25 | 32 | 30 | 24 | 30 | 34 | 25 | 22 | 26 | 27 | 21 | 13 | 16 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,940 | 2,096 | 2,277 | 2,277 | 2,841 | 3,366 | 4,577 | 5,300 | 6,492 | 7,666 | 7,978 | 6,714 | 6,516 |
| Expenses + | 1,558 | 1,661 | 1,722 | 1,781 | 2,261 | 2,647 | 3,559 | 4,154 | 4,948 | 5,636 | 5,772 | 4,982 | 4,968 |
| Operating Profit | 382 | 435 | 555 | 496 | 580 | 720 | 1,018 | 1,146 | 1,544 | 2,030 | 2,206 | 1,732 | 1,548 |
| OPM % | 20.0% | 21.0% | 24.0% | 22.0% | 20.0% | 21.0% | 22.0% | 22.0% | 24.0% | 26.0% | 28.0% | 26.0% | 24.0% |
| Other Income + | 35 | 34 | 36 | 60 | 58 | 50 | 129 | 105 | 166 | 216 | 345 | 414 | 397 |
| Interest | 12 | 12 | 9 | 7 | 7 | 19 | 34 | 16 | 39 | 44 | 56 | 43 | 20 |
| Depreciation | 50 | 54 | 73 | 83 | 93 | 137 | 175 | 202 | 226 | 308 | 352 | 407 | 414 |
| Profit before tax | 355 | 403 | 510 | 466 | 538 | 614 | 938 | 1,033 | 1,444 | 1,895 | 2,142 | 1,696 | 1,510 |
| Tax % | 31.0% | 23.0% | 10.0% | 21.0% | 24.0% | 26.0% | 21.0% | 18.0% | 15.0% | 11.0% | 22.0% | 22.0% | — |
| Net Profit + | 246 | 312 | 459 | 368 | 410 | 457 | 738 | 844 | 1,230 | 1,682 | 1,660 | 1,321 | 1,165 |
| EPS in Rs | 18 | 23 | 33 | 27 | 30 | 33 | 49 | 56 | 81 | 111 | 109 | 87 | 77 |
| Dividend Payout % | 14.0% | 14.0% | 12.0% | 15.0% | 13.0% | 12.0% | 10.0% | 11.0% | 12.0% | 14.0% | 15.0% | 17.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 883 | 1,157 | 1,613 | 1,911 | 2,272 | 2,605 | 5,327 | 6,105 | 7,183 | 8,716 | 10,142 | 11,215 |
| Borrowings + | 115 | 151 | 120 | 83 | 49 | 519 | 373 | 316 | 46 | 191 | 184 | 342 |
| Other Liabilities + | 622 | 626 | 554 | 618 | 820 | 1,087 | 1,287 | 1,354 | 1,235 | 1,822 | 1,908 | 1,832 |
| Total Liabilities | 1,633 | 1,949 | 2,301 | 2,626 | 3,155 | 4,225 | 7,002 | 7,791 | 8,480 | 10,744 | 12,249 | 13,405 |
| Fixed Assets + | 533 | 874 | 945 | 998 | 1,186 | 1,858 | 2,138 | 2,452 | 2,606 | 3,528 | 4,209 | 4,620 |
| CWIP | 133 | 71 | 77 | 90 | 183 | 271 | 288 | 114 | 132 | 278 | 550 | 1,030 |
| Investments | 1 | 0 | 83 | 161 | 129 | 150 | 872 | 900 | 1,016 | 1,336 | 1,531 | 1,360 |
| Other Assets + | 967 | 1,003 | 1,196 | 1,378 | 1,657 | 1,946 | 3,704 | 4,325 | 4,726 | 5,601 | 5,959 | 6,395 |
| Total Assets | 1,633 | 1,949 | 2,301 | 2,626 | 3,155 | 4,225 | 7,002 | 7,791 | 8,480 | 10,744 | 12,249 | 13,405 |
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 15 | 15 | 15 | 15 | 15 | 15 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 184 | 367 | 339 | 319 | 391 | 698 | 725 | 529 | 1,501 | 2,036 | 1,413 | 474 |
| Cash from Investing Activity + | -146 | -303 | -235 | -180 | -322 | -985 | -2,430 | -110 | -496 | -1,800 | -1,421 | -612 |
| Cash from Financing Activity + | -53 | -48 | -53 | -106 | -125 | 350 | 1,690 | -177 | -483 | -222 | -286 | -171 |
| Net Cash Flow | -15 | 16 | 50 | 33 | -56 | 63 | -15 | 241 | 522 | 14 | -294 | -309 |
| CFO/OP | 79 | 106 | 83 | 84 | 88 | 112 | 87 | 61 | 114 | 119 | 81 | 48 |
| Free Cash Flow | 16 | 48 | 198 | 150 | 23 | 29 | 287 | 192 | 1,179 | 1,417 | 575 | -632 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Others | 0.02% | 0.02% | 0.02% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 10.61% | 10.34% | 9.29% | 9.14% | 8.54% | 8.23% | 8.28% | 7.58% | 7.09% | 6.85% | 6.69% | 7.44% |
| Promoters | 46.09% | 46.09% | 46.09% | 46.09% | 46.09% | 46.09% | 46.09% | 46.09% | 46.09% | 46.09% | 46.09% | 46.09% |
| Government | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% |
| FII | 20.01% | 20.41% | 20.26% | 18.76% | 19.02% | 18.46% | 18.06% | 16.98% | 16.42% | 15.97% | 15.87% | 14.83% |
| DII | 23.11% | 23.0% | 24.18% | 25.84% | 26.21% | 27.07% | 27.43% | 29.21% | 30.26% | 30.94% | 31.2% | 31.5% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Chemicals — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Pi Industries Ltd (this stock) | 36,412 | 33.7 | 3.24 | 11.2% |
| Himadri Speciality Chem L | 34,311 | 42.9 | 7.29 | 17.8% |
| Navin Fluorine Int. Ltd | 44,051 | 55.4 | 11.08 | 19.6% |
| UPL Limited | 46,419 | 23.5 | 1.34 | 5.64% |
| Gujarat Fluorochem Ltd | 49,102 | 79.5 | 6.24 | 7.82% |
| Sumitomo Chem India Ltd | 22,279 | 39.0 | 6.57 | 16.2% |
| Aether Industries Limited | 21,850 | 91.1 | 8.9 | 9.66% |
Which Mutual Funds Hold Pi Industries Ltd?
Frequently Asked Questions about Pi Industries Ltd
Pi Industries Ltd (PIIND) closed at ₹2,349.0 on NSE on 28 September 2026, down 51.0 (2.13%) from the previous close.
Pi Industries Ltd trades on the NSE (National Stock Exchange of India) under the symbol PIIND.
Pi Industries Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 33.7.
Pi Industries Ltd has a dividend yield of 0.62%.
Pi Industries Ltd's 52-week high is ₹3,833.0 and its 52-week low is ₹2,191.0.
Pi Industries Ltd has a market capitalisation of ₹36,412 crore.
Pi Industries Ltd has a TopFund Quality Score of 58/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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