provided detailed financial information for PI Industries Ltd.
Key Financial Ratios (in Rs. Cr.)
| Ratio | MAR 24 | MAR 23 | MAR 22 | MAR 21 | MAR 20 |
|---|---|---|---|---|---|
| Per Share Ratios | |||||
| Basic EPS (Rs.) | 114.07 | 79.84 | 54.03 | 48.56 | 32.04 |
| Diluted EPS (Rs.) | 114.07 | 79.84 | 54.03 | 48.55 | 32.04 |
| Cash EPS (Rs.) | 130.05 | 94.28 | 66.98 | 57.84 | 41.70 |
| Book Value/Share (Rs.) | 571.13 | 466.89 | 397.28 | 348.09 | 187.76 |
| Dividend/Share (Rs.) | 15.00 | 10.00 | 6.00 | 5.00 | 4.00 |
| Revenue from Ops/Share (Rs.) | 470.09 | 412.53 | 334.01 | 281.33 | 239.62 |
| Profitability Ratios | |||||
| PBDIT Margin (%) | 31.48 | 26.77 | 23.85 | 25.68 | 22.54 |
| PBIT Margin (%) | 28.04 | 23.23 | 19.94 | 21.93 | 18.51 |
| PBT Margin (%) | 27.91 | 22.67 | 19.70 | 21.28 | 17.97 |
| Net Profit Margin (%) | 24.22 | 19.31 | 16.14 | 16.81 | 13.37 |
| Return on Networth (%) | 19.93 | 17.06 | 13.57 | 13.58 | 17.06 |
| Return on Capital Employed (%) | 22.91 | 20.28 | 15.94 | 16.49 | 19.83 |
| Return on Assets (%) | 16.92 | 14.53 | 10.74 | 10.46 | 10.77 |
| Liquidity Ratios | |||||
| Current Ratio (X) | 4.06 | 4.70 | 3.69 | 3.58 | 1.63 |
| Quick Ratio (X) | 3.28 | 3.53 | 2.64 | 2.76 | 0.92 |
| Inventory Turnover Ratio (X) | 2.70 | 2.51 | 2.43 | 4.43 | 4.59 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 9.38 | 9.24 | 8.44 | 14.04 |
| Valuation Ratios | |||||
| Price/BV (X) | 6.77 | 6.48 | 7.10 | 6.48 | 6.23 |
| Price/Net Operating Revenue (X) | 8.23 | 7.34 | 8.45 | 8.01 | 4.88 |
| Earnings Yield | 0.03 | 0.03 | 0.02 | 0.02 | 0.03 |
Financial Performance: Pi Industries has shown strong financial performance over the years, with consistent revenue growth. Profit margins have been generally healthy, reflecting efficient operations.
Profitability: The company has maintained robust profitability ratios, driven by effective cost management and operational efficiencies.
Debt Levels: Pi Industries has typically managed its debt levels prudently, which is a positive indicator for financial stability.
Market Position: It holds a significant market share in the agrochemical sector in India and has been expanding its presence globally, particularly in crop protection products.
Research and Development: The company invests significantly in research and development to innovate and develop new products, which helps in maintaining competitiveness and market leadership.
Industry Trends: The agrochemical sector, including Pi Industries, benefits from the growth in agricultural activities and increasing demand for crop protection solutions globally.
For the most current and detailed information, including recent financial statements, quarterly reports, and analyst assessments, I recommend checking financial news platforms, the company’s investor relations website, or consulting with a financial advisor who can provide specific insights into Pi Industries’ current fundamental status as of mid-2024.
It seems like you’ve provided a detailed overview of P I Industries Ltd, including its financial performance, ratios, peer comparison, and other relevant information. If you’re looking to summarize or highlight specific points, here’s a concise snapshot based on the information provided:
P I Industries Ltd Overview
- Company Profile: P I Industries Ltd operates in the agro-chemicals sector with a significant presence in both domestic and export markets. It emphasizes integrated process development and has state-of-the-art facilities in Gujarat.
- Financial Highlights:
- Market Cap: ₹58,188 Cr.
- Current Price: ₹3,835
- High / Low: ₹4,040 / ₹3,060
- Stock P/E: 34.6
- Dividend Yield: 0.39%
- ROCE: 23.8%
- ROE: 21.1%
- Revenue Breakup:
- Approximately 76% of revenues come from active ingredients and intermediaries.
- About 23% of revenues are from the sale of formulations.
- Financial Performance:
- Sales Growth: Showing consistent growth year-over-year.
- Profit Growth: Impressive 33.1% CAGR over the last 5 years.
- Tax Rate: Noted as a potential concern due to its perceived low rate.
- Peer Comparison:
- Compared favorably with peers in terms of financial metrics like P/E ratio, market capitalization, and profitability ratios.
- Investor Information:
- Promoter Holding: Stable around 46-47%.
- FIIs and DIIs: Significant institutional ownership.
- Recent Developments:
- Acquisition of a wholly-owned subsidiary in Dubai.
- Offer to acquire Plant Health Care Plc.
- Financial Ratios:
- Operating Profit Margin (OPM): Consistently strong, ranging from 19% to 29%.
- Debtor Days, Inventory Days: Both showing favorable trends, indicating efficient working capital management.
- Shareholding Pattern:
- Dominated by promoters, with substantial institutional and public ownership.
Profit & Loss statement along with other financial metrics for the specified company over the years:
| Profit & Loss Statement (Standalone Figures in Rs. Crores) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,151 | 1,595 | 1,940 | 2,096 | 2,276 | 2,277 | 2,841 | 3,307 | 4,361 | 5,077 | 6,270 | 7,145 |
| Expenses + | 969 | 1,303 | 1,560 | 1,663 | 1,724 | 1,782 | 2,264 | 2,606 | 3,370 | 3,962 | 4,748 | 5,120 |
| Operating Profit | 182 | 292 | 379 | 433 | 552 | 495 | 576 | 701 | 991 | 1,114 | 1,522 | 2,026 |
| OPM % | 16% | 18% | 20% | 21% | 24% | 22% | 20% | 21% | 23% | 22% | 24% | 28% |
| Other Income + | 8 | 11 | 34 | 33 | 36 | 60 | 59 | 47 | 117 | 100 | 159 | 224 |
| Interest | 24 | 14 | 12 | 12 | 9 | 8 | 8 | 20 | 34 | 15 | 38 | 9 |
| Depreciation | 22 | 31 | 49 | 54 | 73 | 83 | 93 | 133 | 172 | 198 | 222 | 246 |
| Profit before tax | 144 | 258 | 353 | 401 | 506 | 464 | 535 | 594 | 902 | 1,000 | 1,422 | 1,995 |
| Tax % | 33% | 29% | 31% | 23% | 10% | 21% | 24% | 26% | 21% | 18% | 15% | 13% |
| Net Profit + | 96 | 184 | 243 | 310 | 457 | 367 | 408 | 442 | 710 | 820 | 1,211 | 1,731 |
| EPS in Rs | 7.11 | 13.50 | 17.81 | 22.58 | 33.24 | 26.58 | 29.54 | 32.03 | 46.83 | 54.03 | 79.85 | 114.07 |
| Dividend Payout % | 14% | 15% | 14% | 14% | 12% | 15% | 14% | 12% | 11% | 11% | 13% | 13% |
| Financial Metrics | 10 Years | 5 Years | 3 Years | TTM |
|---|---|---|---|---|
| Compounded Sales Growth | 16% | 20% | 18% | 14% |
| Compounded Profit Growth | 25% | 34% | 35% | 43% |
| Stock Price CAGR | 26% | 28% | 9% | 4% |
| Return on Equity | 10 Years | 5 Years | 3 Years | Last Year |
| 20% | 19% | 19% | 22% |