PI Industries Q1 results, quarter to Jun 2026

NSE: PIINDBSE: 523642Fertilizers & AgrochemicalsMid Cap

PI Industries Limited · Face value ₹1 · Listed Feb 1993 on BSE, Jun 2011 on NSE

₹2,100.00₹10.00 (0.47%)BSE ₹2,089.00

Share price at the NSE close on 30 Oct 2026. Previous close ₹2,110.00.

30 Oct: open ₹2,109.10, high ₹2,119.50, low ₹2,055.90

52-week range of traded prices to 30 Oct 2026

₹2,005.20Low, 27 Oct 2026₹3,832.90High, 10 Nov 2025

Next results date: the board meets on 4 Nov 2026 to consider: financial results. The notice · Results calendar

Market cap: ₹31,861 Cr205th largest listed
P/E: 27.35
P/B: 2.84
Dividend yield: 0.71%
ROE: 10.9%
ROCE: 9.9%
Debt to equity: 0.02
Volume, NSE: 2,45,98557.3% delivered

PI Industries filed its Q1 results for the quarter to Jun 2026 on 11 Aug 2026 at 7:50 pm, consolidated: the company and its subsidiaries together.

Q1 results, quarter to Jun 2026

₹ crore.PI Industries annual results and balance sheet

Revenue: ₹1,702 Cr−10.4% on a year ago · +8.8% on the quarter before
Operating profit: ₹367 Cr−29.2% on a year ago · +9.1% on the quarter before
Net profit: ₹244 Cr−39.0% on a year ago · +22.0% on the quarter before
Earnings per share: ₹16.10−38.9% on a year ago · +22.0% on the quarter before
Operating margin: 21.6%
Net margin: 14.3%

From revenue to net profit, ₹ crore

Revenue1,702
Materials and goods−737
Employee costs−261
Other expenses−338
Operating profit367
Depreciation−104
Other income+64
Finance costs−7.9
Profit before tax320
Tax−78
Joint ventures+1.9
Net profit244

PI Industries results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Jun 2026. Results for the quarter to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.Results filings and date

Revenue and net profit by quarter, ₹ crore

Revenue
Net profit

Peak revenue ₹2,221 Cr, quarter to Sep 2024; lowest ₹1,376 Cr, quarter to Dec 2025

Operating and net margin by quarter, per cent

Operating margin
Net margin

₹ crore	Sep 2021	Dec 2021Q3	Mar 2022	Jun 2022Q1	Sep 2022	Dec 2022Q3	Mar 2023	Jun 2023Q1	Sep 2023	Dec 2023Q3	Mar 2024	Jun 2024Q1	Sep 2024	Dec 2024Q3	Mar 2025Q4	Jun 2025Q1	Sep 2025Q2Filed 11 Nov	Dec 2025Q3Filed 12 Feb	Mar 2026Q4Filed 19 May	Jun 2026Q1Filed 11 Aug
Revenue from operations	1,354	1,356	1,395	1,543	1,770	1,613	1,566	1,910	2,117	1,898	1,741	2,069	2,221	1,901	1,787	1,901	1,872	1,376	1,565	1,702
	1,062	1,060	1,090	1,198	1,338	1,198	1,223	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
Materials and goods bought	744	727	780	867	970	853	864	1,022	1,131	881	803	998	1,071	899	803	809	800	564	660	737
Employee costs	122	125	114	125	134	133	135	174	164	186	178	200	196	191	197	232	221	228	227	261
Other expenses	196	208	196	206	234	212	224	247	271	277	317	288	326	299	332	340	310	281	342	338
Operating profit before depreciation	292	297	305	346	432	415	343	468	551	554	442	583	628	512	456	519	541	302	337	367
Operating margin	21.6%	21.9%	21.9%	22.4%	24.4%	25.7%	21.9%	24.5%	26.0%	29.2%	25.4%	28.2%	28.3%	26.9%	25.5%	27.3%	28.9%	22.0%	21.5%	21.6%
Depreciation and amortisation	49	50	54	56	56	57	58	70	80	78	80	83	80	99	90	97	98	105	107	104
Other income	28	26	20	24	32	50	50	47	47	56	58	73	122	76	73	86	83	67	76	64
Finance costs	3	3	3	4	11	9	3	4	8	7	11	8	9	8	8	4	3	6	4	8
Profit before one-off items and tax	267	269	269	310	397	400	331	441	510	524	409	564	662	481	431	505	523	257	302	320
One-off items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	105	−2	0
Profit before tax	267	269	269	310	397	400	331	441	510	524	409	564	662	481	431	505	523	363	300	320
	37	47	65	52	63	48	52	63	32	77	42	118	155	108	102	107	116	52	100	78
Current tax	38	49	67	52	73	79	61	81	111	98	77	101	137	86	88	92	114	65	65	73
Deferred tax	−1	−3	−2	−1	−10	−30	−9	−18	−79	−20	−35	17	17	22	14	16	3	−14	36	5
Tax rate	13.9%	17.3%	24.2%	16.6%	15.9%	12.1%	15.7%	14.2%	6.2%	14.7%	10.2%	20.8%	23.3%	22.5%	23.6%	21.3%	22.2%	14.2%	33.4%	24.3%
Share of profit of joint ventures and associates	−1	0	1	4	1	1	1	5	2	1	2	2	1	0	1	3	2	0	0	2
Net profit	230	223	204	262	335	352	281	383	481	449	370	449	508	373	331	400	409	311	200	244
Other comprehensive income	11	−16	17	−33	−22	2	14	28	−25	19	2	6	−9	−55	48	43	−31	8	−41	32
Total comprehensive income	241	207	222	230	313	354	295	411	456	468	371	454	499	318	378	443	378	319	160	276
Net margin	17.0%	16.4%	14.7%	17.0%	18.9%	21.8%	17.9%	20.0%	22.7%	23.6%	21.2%	21.7%	22.9%	19.6%	18.5%	21.0%	21.9%	22.6%	12.8%	14.3%
Net margin without joint ventures and associates	17.0%	16.4%	14.6%	16.8%	18.8%	21.8%	17.8%	19.8%	22.6%	23.6%	21.1%	21.6%	22.9%	19.6%	18.4%	20.9%	21.7%	22.6%	12.8%	14.2%
Earnings per share	₹15.15	₹14.67	₹13.49	₹17.30	₹22.07	₹23.20	₹18.49	₹25.24	₹31.67	₹29.59	₹24.36	₹29.59	₹33.51	₹24.55	₹21.79	₹26.37	₹26.98	₹20.52	₹13.20	₹16.10
Diluted earnings per share	₹15.14	₹14.67	₹13.48	₹17.29	₹22.06	₹23.20	–	₹25.24	₹31.66	₹29.58	₹24.35	₹29.59	₹33.50	₹24.55	₹21.78	₹26.36	₹26.98	₹20.52	₹13.20	₹16.10

Earnings per share in rupees, restated for later splits and bonuses.

Segment results by quarter

Consolidated, ₹ crore, quarters to Jun 2026.PI Industries segment results by year

Agro Chemicals
Revenue, ₹ crore
2,045
1,770
1,670
2,044
2,180
1,838
1,703
1,829
1,809
1,318
1,461
1,649
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
506
547
450
638
718
537
499
566
591
288
333
384
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Pharma
Revenue, ₹ crore
72
127
72
25
41
64
85
72
63
60
105
54
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
−34
−14
−39
−72
−55
−56
−82
−76
−82
58
−49
−82
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26

₹ crore	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue of all businesses	2,117	1,898	1,741	2,069	2,221	1,902	1,788	1,901	1,873	1,378	1,566	1,703
Company revenue, as in its results	2,117	1,898	1,741	2,069	2,221	1,901	1,787	1,901	1,872	1,376	1,565	1,702
Revenue	2,045	1,770	1,670	2,044	2,180	1,838	1,703	1,829	1,809	1,318	1,461	1,649
Revenue growth	–	–	–	9.5%	6.6%	3.8%	2.0%	−10.5%	−17.0%	−28.3%	−14.2%	−9.8%
Profit	506	547	450	638	718	537	499	566	591	288	333	384
Profit growth	–	–	–	54.3%	42.0%	−1.8%	10.8%	−11.3%	−17.7%	−46.3%	−33.4%	−32.2%
Margin	24.7%	30.9%	27.0%	31.2%	32.9%	29.2%	29.3%	30.9%	32.6%	21.8%	22.8%	23.3%
Assets	8,852	9,073	9,435	10,117	10,706	10,777	10,944	11,330	11,864	11,907	11,974	12,455
Liabilities	1,715	1,481	1,602	8,342	2,059	1,860	1,703	1,727	1,992	1,814	1,812	2,070
Capital employed	7,137	7,592	7,834	1,775	8,647	8,918	9,242	9,603	9,872	10,093	10,162	10,385
Revenue	72	127	72	25	41	64	85	72	63	60	105	54
Revenue growth	–	–	–	−42.9%	−42.8%	−50.0%	18.9%	185.8%	54.3%	−6.0%	23.3%	−25.0%
Profit	−34	−14	−39	−72	−55	−56	−82	−76	−82	58	−49	−82
Margin	−47.9%	−10.8%	−54.5%	−283.2%	−134.1%	−87.8%	−96.6%	−105.1%	−129.2%	96.8%	−46.4%	−150.6%
Assets	1,276	1,338	1,329	1,268	1,289	1,296	1,333	1,433	1,437	1,401	1,470	1,456
Liabilities	431	480	431	844	390	347	417	436	482	348	402	373
Capital employed	845	858	897	424	899	948	916	997	955	1,053	1,068	1,083
	0	–	–	–	–	–	–	–	–	–	–	–
Profit	47	–	–	–	–	–	–	–	–	–	–	–
Assets	0	–	–	–	–	–	–	–	–	–	–	–
Liabilities	0	–	–	–	–	–	–	–	–	–	–	–
Capital employed	0	–	–	–	–	–	–	–	–	–	–	–
	–	–	–	–	–	–	–	0	0	0	0	0
Profit	–	–	–	–	–	–	–	18	17	17	19	20
Assets	–	–	–	–	–	–	–	0	0	0	0	0
Liabilities	–	–	–	–	–	–	–	0	0	0	0	0
	–	–	–	–	–	–	0	–	–	–	–	–
Profit	–	–	–	–	–	–	15	–	–	–	–	–
Assets	–	–	–	–	–	–	0	–	–	–	–	–
Liabilities	–	–	–	–	–	–	0	–	–	–	–	–

Profit is before tax and finance costs, the way companies report their segments.