PI Industries Q4 Results 2024, Check Date and Time, Share Price, SMA, and More

PI Industries Ltd Q4 Results 2024 Date and Time

The fourth-quarter (Q4) financial results of PI Industries Ltd (PIIND) were officially released on 22-05-2024 at 8:47 a.m. PIIND announced the date of the release to the BSE for the fourth Quarterly (Q4) financial results for the fiscal year 2024 which provides a snapshot of a company's financial performance over a specific period, including metrics such as revenue, expenses, and profits.

They offer insights into the PIIND economic health, guiding investors and stakeholders in decision-making and strategic planning. The financial community eagerly awaits insights into PIIND's financial health, focusing on key indicators and strategic initiatives. 

Date and Time: 22-05-2024 at 8:47 a.m.

Here is the official PDF for PI Industries Ltd Q4 Results.

PI Industries Q4 Results

Here is the list of the value of PI Industries Q4 Results: 

Q4 Results Highlights

Revenue Growth: Increased by 11% compared to last year.

• Agchem Exports: Grew by 9% due to higher volumes and new products.
• Pharma Exports: Added Rs. 715 million, making up 5% of the total export revenue increase.

Domestic Sales: Dropped by ~5% due to a 6% decline in volume, affected by delayed and unpredictable monsoon patterns.

• Biological Products: Saw a 35% increase in revenue.

Profit Margins:

• Gross Margin: Improved due to better product mix.
• EBITDA: Also improved due to better product mix and operational efficiency.

Overheads: Went up due to:

• New Pharma business (17% of the increase).
• Expansion of exports and promotion of new products (21% of the increase).

Cash Flow: Operating cash flow grew by 15% to Rs. 8,798 million (from Rs. 7,621 million last year).

• Dividend: The Board proposed a final dividend of Rs. 9 per share for FY23-24.

PIIND Share Price

PI Industries Ltd (PIIND) is currently trading at ₹3,645, reflecting a change of ₹60.05 or 1.65%. The company's market capitalization stands at ₹55,083.30 crore, with a PE multiple of 34.61 and an EPS of 104.97. Today's trading range has seen a high of ₹3,714.90 and a low of ₹3,592.05, while the 52-week range spans from ₹3,220.00 to ₹4,040.00.

PIIND SMA

PIIND Returns

PI Industries Limited

PI Industries Limited was established in 1946 as a mining and also a processing company. Over the years, the company has developed into a leading provider of innovative solutions for a wide range of industries.

Initially, the company focused on the mining and processing of minerals. Later, the mining and processing segment of the company was split into a separate company called Wolkem Industries Ltd.

The company later changed its name to PI Industries Ltd. Today, the company is celebrating 75 years of growth and success, and this milestone marks a significant milestone in the company’s journey. With its commitment to innovation and customer satisfaction, PI Industries continues to remain at the forefront of innovation and continues to grow in the market.