{"id":180706,"date":"2026-02-13T10:42:55","date_gmt":"2026-02-13T15:42:55","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=180706"},"modified":"2026-02-13T10:42:55","modified_gmt":"2026-02-13T15:42:55","slug":"pi-industries-limited-investor-update-financial-snapshot","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/pi-industries-limited-investor-update-financial-snapshot\/","title":{"rendered":"PI Industries Limited Investor Update Financial Snapshot"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>Headline Numbers<\/strong><\/h2>\n\n\n\n<p>During Q3 FY26, consolidated revenue stood at \u20b913,757 million, compared with \u20b919,008 million in Q3 FY25, reflecting a 28% year-on-year decline. EBITDA for the quarter was \u20b93,027 million, with a margin of 22%, versus \u20b95,122 million and a margin of 27% in the prior year period. Net profit for Q3 FY26 was \u20b93,113 million, down 16% year on year, compared with \u20b93,727 million in Q3 FY25. Gross margin improved to 59% from 53% in Q3 FY25.<\/p>\n\n\n\n<p>For 9MFY26, consolidated revenue amounted to \u20b951,485 million, compared with \u20b961,907 million in 9MFY25, a decline of 17% year on year. EBITDA stood at \u20b913,680 million with a margin of 27%, versus \u20b917,264 million and a 28% margin in the corresponding prior period. Net profit for 9MFY26 was \u20b911,206 million, down 16% year on year from \u20b913,297 million. Gross margin improved to 58% from 52% in 9MFY25.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Performance Overview<\/strong><\/h2>\n\n\n\n<p>Q3 FY26 performance was impacted by customer delivery phasing and market conditions. Agchem Exports declined approximately 32% year on year, with volumes down around 29% in line with customer delivery schedules. Domestic revenue declined approximately 8% year on year, with volumes down around 2%, attributed to lower farmer demand for high-value products, erratic monsoon conditions, softer commodity realizations in key crops, and regulatory transitions in biologicals. Pharma revenue declined 6% year on year in Q3 due to deferment of supply schedules to Q4 FY26 and contributed approximately 5% of exports revenue.<\/p>\n\n\n\n<p>Net profit for Q3 FY26 and 9MFY26 includes exceptional income from writeback of contingent consideration of \u20b91,260 million, partially offset by additional provisioning of \u20b9209 million for retirement benefits under the new labor code.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Forward-Looking Commentary<\/strong><\/h2>\n\n\n\n<p>The presentation indicates that the company is on track for sequential growth in Q4 FY26, supported by committed customer offtake plans. It also references continued commercialization of new products, capacity creation through targeted capex, and expansion of GMP and non-GMP sites.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Other Reported Financial Details<\/strong><\/h2>\n\n\n\n<p>Total capex during 9MFY26 stood at \u20b97,225 million compared with \u20b96,485 million in 9MFY25. Surplus cash net of debt was reported at \u20b935,066 million. Working capital days stood at 139 days in Q3 FY26 versus 115 days in Q2 FY26. The Board approved an interim dividend of \u20b95.00 per share for FY25\u201326. The Debt-to-Equity ratio was reported at 0.02 as of December 2025, and ROCE (excluding cash, bank, and investments) stood at 20.3%. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Headline Numbers During Q3 FY26, consolidated revenue stood at \u20b913,757 million, compared with \u20b919,008 million in Q3 FY25, reflecting a 28% year-on-year decline. EBITDA for the quarter was \u20b93,027 million, with a margin of 22%, versus \u20b95,122 million and a margin of 27% in the prior year period. Net profit for Q3 FY26 was \u20b93,113 [&hellip;]<\/p>\n","protected":false},"author":2395,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5753,1941],"tags":[8519,9478],"class_list":["post-180706","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrials","category-stock-analysis","tag-chemicals","tag-industirals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":180847,"url":"https:\/\/alphastreet.com\/india\/azad-engineering-limited-investor-update-financial-snapshot\/","url_meta":{"origin":180706,"position":0},"title":"Azad Engineering Limited Investor Update: Financial Snapshot","author":"Staff Correspondent","date":"February 15, 2026","format":false,"excerpt":"Headline Numbers In Q3FY26 (standalone), revenue from operations rose 31.4% year on year to \u20b91,558.0 million. Reported EBITDA stood at \u20b9600.9 million with a margin of 38.6%, compared with 36.0% a year earlier. Profit after tax increased 40.1% year on year to \u20b9340.4 million, with margins improving to 21.8%. For\u2026","rel":"","context":"In &quot;Industrials&quot;","block_context":{"text":"Industrials","link":"https:\/\/alphastreet.com\/india\/category\/industrials\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":178172,"url":"https:\/\/alphastreet.com\/india\/share-india-securities-limited-investor-update-financial-snapshot\/","url_meta":{"origin":180706,"position":1},"title":"Share India Securities Limited Investor Update: Financial Snapshot","author":"Staff Correspondent","date":"January 28, 2026","format":false,"excerpt":"Headline Numbers For Q3 FY26 (quarter ended December 31, 2025):\u2022 The company reported income from operations of \u20b93,720 million, up 8.7% year-on-year (YoY) and up 9.1% quarter-on-quarter (QoQ).\u2022 EBITDA for the quarter was \u20b91,561 million, representing an EBITDA margin of 41.96%, compared with \u20b91,312 million and 38.34% margin YoY; QoQ\u2026","rel":"","context":"In &quot;Finance&quot;","block_context":{"text":"Finance","link":"https:\/\/alphastreet.com\/india\/category\/finance-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":178595,"url":"https:\/\/alphastreet.com\/india\/apcotex-industries-ltd-q3-fy26financial-snapshot\/","url_meta":{"origin":180706,"position":2},"title":"Apcotex Industries Ltd: Q3 FY26Financial Snapshot","author":"Staff Correspondent","date":"January 30, 2026","format":false,"excerpt":"Headline Numbers During Q3 FY26, Apcotex Industries reported operational revenue of \u20b93,315 million. 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For the nine months ended FY26 (9M FY26), the\u2026","rel":"","context":"In &quot;Industrials&quot;","block_context":{"text":"Industrials","link":"https:\/\/alphastreet.com\/india\/category\/industrials\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":179329,"url":"https:\/\/alphastreet.com\/india\/iris-clothings-reports-46-yoy-revenue-growth-in-q3-fy2026-strengthens-distribution-and-product-portfolio\/","url_meta":{"origin":180706,"position":3},"title":"Iris Clothings Reports 46% YoY Revenue Growth in Q3 FY2026; Strengthens Distribution and Product Portfolio","author":"Staff Correspondent","date":"February 3, 2026","format":false,"excerpt":"Financial Highlights Iris Clothings reported total income of \u20b9487 million in Q3 FY26, registering a 46% year-on-year increase from \u20b9334 million in the corresponding quarter last year. For the nine months ended December 31, 2025, total income rose 23% YoY to \u20b91,305 million, compared with \u20b91,063 million in 9MFY25. EBITDA\u2026","rel":"","context":"In &quot;Retail&quot;","block_context":{"text":"Retail","link":"https:\/\/alphastreet.com\/india\/category\/retail-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":179844,"url":"https:\/\/alphastreet.com\/india\/knr-constructions-reports-decreased-q3-fy26-revenue-and-profit-amidst-asset-monetization-agreement\/","url_meta":{"origin":180706,"position":4},"title":"KNR Constructions Reports Decreased Q3 FY26 Revenue and Profit Amidst Asset Monetization Agreement","author":"Staff Correspondent","date":"February 6, 2026","format":false,"excerpt":"KNR Constructions Limited (NSE: KNRCON), a leading infrastructure EPC firm specializing in roads, highways, and irrigation projects, reported consolidated net profit of \u20b9102.8 crore in its latest Q3 FY26 quarter (ended December 2025), reflecting a challenging 58.65% decline year-over-year amid revenue drop and margin pressures. 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