PI Industries Limited PIIND.NS
PI Industries Limited statistics & valuation
Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (₹1,204.20); a green figure means the price is below it.
Profitability & efficiency
Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).
P / E vs its own history
PI Industries Limited trades at about 28.6× earnings — below its 10-year norm (10-year range 33×–41.8×, median 35.1×).
Shaded band = 10-year range (33×–41.8×); dot = today's 28.6×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Gross margin | 57.0% | 51.8% | 49.1% | 44.3% |
| Operating margin | 20.4% | 24.5% | 22.9% | 20.6% |
| Net margin | 19.8% | 21.0% | 22.1% | 19.0% |
| FCF margin | -9.7% | 7.1% | 18.6% | 18.2% |
| Return on assets | 9.8% | 13.5% | 15.6% | 14.5% |
| Return on equity | 11.8% | 16.3% | 19.3% | 17.1% |
| Debt / equity | 0.01× | 0.01× | 0.01× | 0.00× |
| Current ratio | 4.22 | 4.02 | 3.90 | 4.79 |
Computed from company filings · IN · as of 2026-03-31. Figures in INR. Facts plus Stocktoria's own computed scores — not investment advice.