PI Industries Ltd.
Chemicals · NSE
52-week range
₹2,700 – ₹4,312
From 52w high
-27.9%
RSI (14)
58.9
vs SMA 50 / 200
↑ 50 · ↓ 200
PI Industries (PIIND) is a Chemicals sector stock currently trading at ₹3,101, sitting 8.5% below its 200-DMA and 28.09% off its 52-week high. Over 5 years, revenue has contracted 27.6% and earnings 16.4%, yet the business shows FCF-positive outcomes in 4 of the available years and a falling debt trend. The analyst community of 23 covers the stock with a mean rating of 3.0 on a 1–5 scale (lower = more constructive).
- ✓FCF positive in 4 of the available fiscal years, and the debt trend is reported as falling — directionally consistent with improving balance-sheet discipline despite top-line pressure.
- ✓Profit margin of 20.92% indicates the business retains a meaningful portion of revenue as profit, which is notable given the multi-year revenue contraction context.
- ✓Consistency score of 85 (out of 100) in the persistence model reflects historical regularity of profitability metrics across the years for which data is available.
- ✓PE of 32.47 is the 3rd lowest among 6 Chemicals peers (vs. PIDILITIND at 61.0 and SOLARINDS at 100), with the forward PE at 31.12 suggesting relatively modest earnings expectations priced in.
- ✗5-year revenue growth of -27.6% and earnings growth of -16.4% represent sustained multi-year deterioration of both the top and bottom line, not a transient quarter-to-quarter dip.
- ✗Quality score of 25 ranks PIIND last (6th of 6) among its Chemicals peer set, trailing PIDILITIND (66), SOLARINDS (57), SRF (41), and both COROMANDEL and UPL (30 each).
- ✗Current price of ₹3,101 is below the 200-DMA (₹3,387.64) and down 14.88% over 12 months, with a 28.09% drawdown from the 52-week high reflecting an extended period of underperformance against trend.
- ✗ROE data is unavailable, and the D/E of 2.24 — while on a falling trend — cannot be benchmarked against the return profile it is supporting without that metric.
- ·Promoter group declared no encumbrance on equity shares for FY26 (reported 29 April 2026 via scanx.trade), a disclosure indicating no pledging of promoter shares during the fiscal year.
- ·News flow is very thin with only 2 articles captured in the analysis window, both neutral in sentiment — no earnings surprise, management commentary, or sector catalyst has surfaced in recent coverage.
- ·Mean analyst rating of 3.0 across 23 analysts (1–5 scale, lower = more constructive) sits at the midpoint of the scale, reflecting a spread of views in sell-side coverage rather than a skew in either direction.
- ?Does the 5-year revenue contraction of 27.6% reflect a structural shift in demand for PI Industries' agro-chemical product mix, or is it driven by a cyclical downcycle that peers in the segment have also experienced?
- ?Given a D/E of 2.24 on a falling trend alongside FCF-positive performance in 4 years, at what pace is net debt actually declining relative to EBITDA, and is the trajectory visible in recent quarterly disclosures?
- ?The consistency score of 85 appears to conflict with the 5-year earnings contraction of 16.4% — what historical time window does the consistency score cover, and does it include the more recent years of revenue decline?
- ?With the quality score ranking PIIND last among 6 Chemicals peers, what specific sub-metrics — margins, returns, leverage, or growth — are dragging the composite score, and have any of those sub-metrics improved in the past two years?
PE
32.5
Forward PE
31.1
ROE
—
Profit margin
+20.9%
D/E
2.24
Dividend yield
+0.5%
Quality score
25/100
ROE 5y above 15%
3/5 yrs
FCF 5y positive
4/5 yrs
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.Analysis generated 11 May 2026.