Piccadily Agro Industries Ltd. (PAIL), established in 1994 and commencing commercial operations in 1997, is a leading public limited company in India with a diversified product portfolio encompassing high-quality malt spirits, ethanol, extra neutral alcohol (ENA), white crystal sugar, and carbon dioxide (CO2). Originally starting as a sugar processing company, PAIL expanded its operations in 2007 by setting up a state-of-the-art distillery unit. The company operates a premium malt distillery featuring Scottish-style copper pot stills, recognized for producing exceptional malt spirits. Headquartered in Haryana, PAIL’s manufacturing plant supports both sugar production and distillery operations, catering to the growing demand in the alcohol and sugar industries. With a steadfast commitment to innovation, superior quality, and sustainability, Piccadily Agro Industries Ltd. has established a significant presence in the Indian market and continues to play a pivotal role in the nation’s industrial and agricultural economy.
Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
Promoters + | 70.97% | 70.97% | 70.97% | 70.97% | 70.97% |
FIIs + | 0.00% | 0.00% | 0.17% | 0.88% | 0.78% |
DIIs + | 0.04% | 0.10% | 0.10% | 0.03% | 0.01% |
Public + | 29.00% | 28.92% | 28.76% | 28.13% | 28.24% |
No. of Shareholders | 52,070 | 51,172 | 71,833 | 70,619 | 69,297 |
The shareholding pattern of Piccadily Agro Industries Ltd. from December 2023 to December 2024 reflects a stable majority held by the promoters at 70.97% throughout the period. Foreign Institutional Investors (FIIs) saw a gradual increase in their stake, starting from 0.00% in December 2023, reaching a peak of 0.88% in September 2024, and slightly settling at 0.78% by December 2024. Domestic Institutional Investors (DIIs) maintained a minimal shareholding, fluctuating marginally from 0.04% in December 2023 to 0.01% by December 2024. The public shareholding demonstrated a slight decline, from 29.00% in December 2023 to 28.24% in December 2024, reflecting increased institutional interest. The number of shareholders also showed variations, peaking at 71,833 in June 2024 and gradually reducing to 69,297 by the end of December 2024, indicating a consolidation of holdings in Piccadily Agro Industries.
Below are the trading platforms that you can use to purchase Piccadily Agro Industries shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
April 2025 | 681.77 | 524.44 |
May 2025 | 661.91 | 509.16 |
June 2025 | 691.70 | 532.08 |
July 2025 | 678.13 | 521.64 |
August 2025 | 699.11 | 537.78 |
September 2025 | 707.50 | 544.23 |
October 2025 | 725.89 | 558.38 |
November 2025 | 744.04 | 572.34 |
December 2025 | 777.52 | 598.09 |
As we step into 2025, the share prices of Piccadily Agro Industries are projected to reflect a steady upward trend. Beginning with April, the maximum price is anticipated to reach ₹681.77, while the minimum may touch ₹524.44. Progressing through the year, the prices are expected to show consistent growth, with December 2025 culminating in a maximum price of ₹777.52 and a minimum price of ₹598.09.
When | Maximum Price | Minimum Price |
January 2026 | 800.85 | 616.04 |
February 2026 | 780.83 | 600.64 |
March 2026 | 796.44 | 612.65 |
April 2026 | 812.70 | 625.15 |
May 2026 | 804.65 | 618.96 |
June 2026 | 824.77 | 634.44 |
July 2026 | 808.59 | 622.00 |
August 2026 | 833.60 | 641.23 |
September 2026 | 850.27 | 654.06 |
October 2026 | 872.38 | 671.06 |
November 2026 | 894.19 | 687.84 |
December 2026 | 916.55 | 705.04 |
As we move into 2026, the share prices of Piccadily Agro Industries are forecasted to exhibit a steady upward trend. Beginning in January, the maximum price is projected to reach ₹800.85, with the minimum likely to be around ₹616.04. Throughout the year, the prices are expected to rise progressively, reaching their peak in December 2026, with a maximum price of ₹916.55 and a minimum price of ₹705.04.
When | Maximum Price | Minimum Price |
January 2027 | 925.71 | 712.09 |
February 2027 | 949.45 | 730.34 |
March 2027 | 986.48 | 758.83 |
April 2027 | 967.13 | 743.95 |
May 2027 | 938.96 | 722.28 |
June 2027 | 981.22 | 754.78 |
July 2027 | 961.98 | 739.98 |
August 2027 | 991.73 | 762.87 |
September 2027 | 1,026.44 | 789.57 |
October 2027 | 1,053.13 | 810.10 |
November 2027 | 1,079.46 | 830.35 |
December 2027 | 1,106.44 | 851.11 |
When | Maximum Price | Minimum Price |
January 2028 | 1,128.57 | 868.13 |
February 2028 | 1,157.51 | 890.39 |
March 2028 | 1,202.65 | 925.12 |
April 2028 | 1,179.07 | 906.98 |
May 2028 | 1,144.73 | 880.56 |
June 2028 | 1,196.24 | 920.19 |
July 2028 | 1,172.79 | 902.14 |
August 2028 | 1,209.06 | 930.04 |
September 2028 | 1,251.37 | 962.60 |
October 2028 | 1,283.91 | 987.62 |
November 2028 | 1,316.01 | 1,012.31 |
December 2028 | 1,348.91 | 1,037.62 |
When | Maximum Price | Minimum Price |
January 2029 | 1,375.89 | 1,058.37 |
February 2029 | 1,411.17 | 1,085.51 |
March 2029 | 1,466.20 | 1,127.85 |
April 2029 | 1,437.45 | 1,105.73 |
May 2029 | 1,395.58 | 1,073.53 |
June 2029 | 1,458.39 | 1,121.84 |
July 2029 | 1,429.79 | 1,099.84 |
August 2029 | 1,474.01 | 1,133.85 |
September 2029 | 1,525.60 | 1,173.54 |
October 2029 | 1,565.27 | 1,204.05 |
November 2029 | 1,604.40 | 1,234.15 |
December 2029 | 1,644.51 | 1,265.01 |
When | Maximum Price | Minimum Price |
January 2030 | 1,677.40 | 1,290.31 |
February 2030 | 1,720.41 | 1,323.39 |
March 2030 | 1,787.50 | 1,375.00 |
April 2030 | 1,752.46 | 1,348.04 |
May 2030 | 1,701.41 | 1,308.78 |
June 2030 | 1,777.98 | 1,367.67 |
July 2030 | 1,743.11 | 1,340.86 |
August 2030 | 1,797.02 | 1,382.33 |
September 2030 | 1,859.92 | 1,430.71 |
October 2030 | 1,908.28 | 1,467.91 |
November 2030 | 1,955.99 | 1,504.60 |
December 2030 | 2,004.89 | 1,542.22 |
As we progress into 2030, the share prices of Piccadily Agro Industries are anticipated to follow a strong growth trajectory. Starting in January, the maximum price is projected to reach ₹1,677.40, while the minimum is expected to stand at ₹1,290.31. As the months advance, the prices are forecasted to steadily climb, ultimately reaching their highest levels in December 2030, with a maximum price of ₹2,004.89 and a minimum price of ₹1,542.22.
Financial Condition of Piccadily Agro Industries
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 399 | 488 | 572 | 598 | 742 | 832 |
Expenses + | 359 | 437 | 503 | 537 | 592 | 648 |
Operating Profit | 40 | 52 | 69 | 62 | 150 | 184 |
OPM % | 10% | 11% | 12% | 10% | 20% | 22% |
Other Income + | -1 | 3 | 1 | 1 | 30 | 5 |
Interest | 15 | 16 | 14 | 13 | 16 | 23 |
Depreciation | 13 | 13 | 15 | 16 | 18 | 19 |
Profit before tax | 11 | 25 | 41 | 33 | 146 | 148 |
Tax % | -21% | 29% | 29% | 30% | 25% | |
Net Profit + | 19 | 18 | 29 | 22 | 110 | 106 |
EPS in Rs | 2.03 | 1.9 | 3.1 | 2.37 | 11.63 | 11.22 |
Dividend Payout % | 10% | 26% | 3% | 0% | 0% |
Piccadily Agro Industries Ltd. has demonstrated consistent growth and financial resilience over the past five years. From March 2020 to March 2024, the company’s sales increased significantly from ₹399 crore to ₹742 crore, further rising to ₹832 crore in the trailing twelve months (TTM). This steady growth in revenue reflects the company’s strong market presence and operational efficiency. Expenses, although increasing from ₹359 crore to ₹648 crore in TTM, grew at a slower pace compared to sales, which enabled a marked improvement in profitability. The operating profit grew from ₹40 crore in March 2020 to ₹150 crore in March 2024, with an operating profit margin (OPM) rising impressively from 10% to 20% during the same period, and further to 22% in TTM. Such performance underscores Piccadily Agro Industries Ltd.’s ability to effectively manage costs while scaling its operations.
The company’s net profit also witnessed substantial growth, rising from ₹19 crore in March 2020 to ₹110 crore in March 2024, with a slight dip to ₹106 crore in TTM due to higher interest costs, which increased from ₹15 crore in March 2020 to ₹23 crore in TTM. Despite this, profit before tax saw a significant jump, reaching ₹146 crore in March 2024 and ₹148 crore in TTM, aided by improved operating performance and other income contributions, which peaked at ₹30 crore in March 2024. Additionally, Piccadily Agro Industries Ltd. recorded a notable increase in EPS, climbing from ₹2.03 in March 2020 to ₹11.63 in March 2024 and stabilizing at ₹11.22 in TTM. While the company’s dividend payout percentage fluctuated during this period—ranging from 10% in March 2020 to a peak of 26% in March 2021, and subsequently declining to 3% in March 2022 before being suspended in recent years—this strategic move to withhold dividends demonstrates a focus on reinvestment and strengthening its financial base. This approach positions Piccadily Agro Industries Ltd. for sustainable long-term growth and enhanced shareholder value.
FAQs
Will Piccadily Agro Industries stock price grow in 2025?
Yes, Piccadily Agro Industries stock price is expected to grow in 2025. The company’s current share price is around Rs 586, and analysts have estimated that Brigade Enterprises price will reach ₹777.52 by the end of 2025.
Can Piccadily Agro Industries reach 2,000 INR?
Yes, Piccadily Agro Industries is expected to reach Rs 2,000 by the end of 2030. This growth is attributed to the company’s focus on quality and innovation, as well as its expanding presence in the international markets.
In 2030, Piccadily Agro Industries is expected to trade in between ₹1,290.31 to ₹2,004.89.
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Conclusion
Piccadily Agro Industries Ltd. has exhibited strong growth and financial stability over the years, driven by its diversified portfolio and operational efficiency. The company’s expansion into distillery operations and its commitment to quality have solidified its position in the market. The shareholding patterns reflect strong promoter confidence and growing institutional interest, indicating investor trust. Financially, the company has demonstrated consistent growth in revenue, profitability, and operating margins, despite rising expenses and interest costs. Looking ahead, share price projections for 2025 to 2030 highlight a promising upward trajectory, showcasing the company’s potential for sustained growth and value creation for its stakeholders.
What did we learn?
- 1 Shareholdings Patterns of Piccadily Agro Industries
- 2 How to Purchase Piccadily Agro Industries Shares in India?
- 3 Piccadily Agro Industries Share Price Prediction: 2025, 2026 to 2030
- 3.1 Piccadily Agro Industries Share Price Target 2025
- 3.2 Piccadily Agro Industries Share Price Prediction 2026
- 3.3 Piccadily Agro Industries Share Price Prediction 2027
- 3.4 Piccadily Agro Industries Share Price Target 2028
- 3.5 Piccadily Agro Industries Share Price Target 2029
- 3.6 Piccadily Agro Industries Share Price Target 2030
- 4 Financial Condition of Piccadily Agro Industries
- 5 FAQs
- 6 Conclusion