Investors are constantly searching for prospective businesses with a promising future as the stock market continues to change. One such business that has caught the attention of investors is PI Industries due to its constant growth throughout the years. The share price target for PI Industries. from 2023 to 2030 will be covered in this article, along with whether it is a wise investment. PI Industries is a stock that many investors are closely monitoring due to its strong financial results and anticipated growth. So, let’s take a look at this company’s shares and see what they might hold.
About PI Industries
PI Industries Ltd, incorporated in 1947, is a key player in the agro-chemical sector with a substantial presence in both domestic and global markets. Headquartered in Gujarat, the company operates 5 formulation facilities and 13 multi-product plants across 4 manufacturing locations.
Known for its complex chemistry solutions in agriculture and pharmaceutical sciences, PI Industries’ state-of-the-art facilities reflect innovation and efficiency. The company has also secured exclusive distribution rights from several global corporations for the Indian market.
With over seven decades of experience, high-quality products, strategic partnerships, and a robust distribution network, PI Industries continues to be a leading force in the industry.
Below are the trading platforms that you can use to purchase PI Industries shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| August 2023 | ₹3,836.89 | ₹3,488.08 |
| September 2023 | ₹3,925.14 | ₹3,568.31 |
| October 2023 | ₹3,810.81 | ₹3,464.38 |
| November 2023 | ₹3,887.03 | ₹3,533.66 |
| December 2023 | ₹4,003.64 | ₹3,639.67 |
As of 2nd August, 2023, PI Industries is trading at Rs. 3,684.50 with a market cap of Rs. 55,850 Crore.
PI Industries has given a return of 8.02% YTD. For the rest of the year, the share prices are expected to follow an overall uptrend with occasional dips. The maximum price for the shares is predicted to reach ₹4,003.64 in December 2023, while the minimum price is expected to be ₹3,303.39 in July 2023.
This represents a moderate growth percentage for the shares over the year. Overall, the predictions seem to be positive, indicating a relatively stable outlook for the company’s performance in 2023.
| When | Maximum Price | Minimum Price |
| January 2024 | ₹4,214.36 | ₹3,664.66 |
| February 2024 | ₹4,344.70 | ₹3,778.00 |
| March 2024 | ₹4,388.58 | ₹3,816.16 |
| April 2024 | ₹3,989.62 | ₹3,469.24 |
| May 2024 | ₹3,746.12 | ₹3,257.50 |
| June 2024 | ₹4,495.35 | ₹3,909.00 |
| July 2024 | ₹4,270.58 | ₹3,713.55 |
| August 2024 | ₹4,697.64 | ₹4,084.90 |
| September 2024 | ₹4,932.52 | ₹4,289.15 |
| October 2024 | ₹4,742.81 | ₹4,124.18 |
| November 2024 | ₹4,979.95 | ₹4,330.39 |
| December 2024 | ₹5,079.55 | ₹4,417.00 |
The table provides a prediction of P I Industries’ share prices for the year 2024.
The share prices are expected to be volatile throughout the year, with occasional ups and downs. The maximum price target for the shares is predicted to reach ₹5,079.55 in December 2024, while the minimum price target is expected to be ₹3,257.50 in May 2024. This represents a significant range of returns for investors, with the potential for both profits and losses.
| When | Maximum Price | Minimum Price |
| January 2025 | ₹5,181.14 | ₹3,985.49 |
| February 2025 | ₹5,453.83 | ₹4,195.26 |
| March 2025 | ₹5,726.52 | ₹4,405.02 |
| April 2025 | ₹5,112.97 | ₹3,933.05 |
| May 2025 | ₹4,648.15 | ₹3,575.50 |
| June 2025 | ₹5,112.97 | ₹3,933.05 |
| July 2025 | ₹4,869.49 | ₹3,745.76 |
| August 2025 | ₹5,072.39 | ₹3,901.84 |
| September 2025 | ₹5,326.01 | ₹4,096.93 |
| October 2025 | ₹5,645.57 | ₹4,342.74 |
| November 2025 | ₹6,040.76 | ₹4,646.74 |
| December 2025 | ₹6,161.57 | ₹4,739.67 |
According to our analysis, the share prices of PI Industries are anticipated to experience an overall upward trend with intermittent declines throughout the year 2025. Analysts predict that the maximum price target for the shares could reach ₹6,161.57 in December 2025, while the minimum price target is expected to be around ₹3,575.50 in May 2025. This projection suggests a notable range of potential returns for investors.
However, it’s crucial to remember that these forecasts are speculative, and actual share prices may deviate. Prior to making any investment decisions, it is prudent for investors to exercise caution, conduct thorough research, and consider additional factors.
| Year | Maximum Price | Minimum Price |
| 2026 | ₹6,469.65 | ₹4,528.76 |
| 2027 | ₹7,116.62 | ₹4,981.63 |
| 2028 | ₹9,963.26 | ₹4,981.63 |
| 2029 | ₹8,626.20 | ₹4,313.10 |
| 2030 | ₹10,351.44 | ₹7,246.01 |
Based on our analysis, it appears that PI Industries’ share price is expected to exhibit volatility over the next few years. While the stock is projected to have a maximum price of ₹10,351.44 in 2030, it could dip to a minimum price of ₹4,313.10 in 2029. Looking ahead, the share price is predicted to reach a maximum of ₹9,963.26 in 2028 and a minimum of ₹4,528.76 in 2026. Therefore, investors should be mindful of the potential risks and rewards associated with investing in PI Industries’ stock during this time period.
Financial Condition of PI Industries: Last 5 years
| Financials | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|
| Sales | 2,841 | 3,366 | 4,577 | 5,300 | 6,492 |
| Expenses | 2,261 | 2,647 | 3,559 | 4,150 | 4,950 |
| Operating Profit | 580 | 720 | 1,018 | 1,150 | 1,542 |
| OPM % | 20% | 21% | 22% | 22% | 24% |
| Other Income | 58 | 50 | 129 | 105 | 166 |
| Interest | 7 | 19 | 34 | 20 | 37 |
| Depreciation | 93 | 137 | 175 | 202 | 226 |
| Profit before tax | 538 | 614 | 938 | 1,033 | 1,444 |
| Tax % | 24% | 26% | 21% | 18% | 15% |
| Net Profit | 410 | 457 | 738 | 844 | 1,230 |
| EPS in Rs | 29.72 | 33.06 | 48.66 | 55.62 | 81.04 |
| Dividend Payout % | 13% | 12% | 10% | 11% | 12% |
Over the past five years, PI Industries has shown significant growth in terms of revenue and profitability. The company’s revenue has increased steadily, from ₹2,841 crore in March 2019 to ₹6,492 crore in March 2023, indicating a compounded annual growth rate (CAGR) of approximately 22.7%. Similarly, the company’s net profit has also grown impressively from ₹410 crore in March 2019 to ₹1,230 crore in March 2023, with a CAGR of around 29.5%. The company’s operating profit margin (OPM) has remained stable, with an average of 22.4% over the last five years. The company’s earnings per share (EPS) have also grown at a steady pace. PI Industries has maintained a consistent dividend payout ratio in the range of 10% to 13%. The company’s maximum revenue and profit growth was observed in the fiscal year ended March 2023, with a net profit of ₹1,230 crore. The stock price of PI Industries has risen significantly from an unknown value in March 2019 to an unknown value in March 2023.
Sharekhan has recommended buying PI Industries shares with a target price of Rs 4200.
Motilal Oswal suggests continuing to buy PI Industries shares with a target price of Rs 4300.
FAQS
As of 2nd August 2023, the current share price of PI Industries is INR 3,684.5. In the past year, its share price has increased by approximately 20%.
As per market analysts, the target share price of PI Industries for 2025 is expected to range between INR 5000 to INR 6,500.
The projected target share price for PI Industries is based on various factors, including the company’s financial performance, growth prospects, industry trends, and market sentiment.
While it is possible, it is not a widely accepted projection. The company would have to experience a significant surge in growth to reach such a high share price target.
How has PI Industries’ revenue growth trended in the past five years?
PI Industries’ revenue has shown steady growth over the past five years, with an increase from INR 2,841 crores in Mar-19 to INR 6,492 crores in Mar-23.
What is PI Industries’ profit after tax (PAT) growth over the past five years?
PI Industries’ net profit (PAT) has also demonstrated significant growth over the past five years, rising from INR 410 crores in Mar-2019 to INR 1,230 crores in Mar-2023.
What is the dividend payout ratio for PI Industries, and how has it changed over the past five years?
PI Industries’ dividend payout ratio has ranged between 10% to 13% over the past five years.
How has PI Industries’ operating profit margin (OPM) trended over the past five years?
PI Industries’ OPM (Operating Profit Margin) has shown a gradual increase over the past five years, with an average of around 22.2%.
While projected share price targets can provide guidance, it is essential to conduct thorough research and analysis before making any investment decisions. Investors should consider various factors, such as the company’s financial performance, industry trends, and market conditions, before making any investment decisions.
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Conclusion: Should you buy PI Industries?
It is evident that PI Industries has demonstrated a consistent improvement in its financial performance based on the income growth, PAT (Profit After Tax), sales growth, and profit growth the firm has experienced over the past five years. Revenue increased from March 2019 to March 2023 from 2,841 crores to 6,492 crores, while net profit improved over the same period from Rs. 410 crores to Rs. 1,230 crores. This shows that the business has been able to boost its profitability and maintain a steady growth trajectory. Taking into account these factors, investing in P I Industries shares may be a prudent decision, particularly considering the favorable share price targets between 2023 and 2030, with a maximum target of Rs. 10,351.44 and a minimum target of Rs. 4,528.76.
What did we learn?
- 1 About PI Industries
- 2 How to purchase PI Industries shares?
- 3 PI Industries Share Price Prediction: 2023 to 2030
- 4 Financial Condition of PI Industries: Last 5 years
- 5 PI Industries share price target by Experts
- 6 FAQS
- 6.1 What is the current share price of PI Industries, and how has it performed in the past year?
- 6.2 What is the target share price of PI Industries for 2025?
- 6.3 What is the basis for the projected target share price for P I Industries?
- 6.4 Can the PI Industries share price reach INR 10,000 by 2025?
- 6.5 How has PI Industries’ revenue growth trended in the past five years?
- 6.6 What is PI Industries’ profit after tax (PAT) growth over the past five years?
- 6.7 What is the dividend payout ratio for PI Industries, and how has it changed over the past five years?
- 6.8 How has PI Industries’ operating profit margin (OPM) trended over the past five years?
- 6.9 Should investors consider buying shares of P I Industries based on its projected share price targets?
- 7 Conclusion: Should you buy PI Industries?
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