PI Industries Limited

BSE:523642 Stock Report

Market Cap: ₹521.5b

PI Industries Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Mayank Singhal

Chief executive officer

₹260.0m

Total compensation

CEO salary percentage19.49%
CEO tenure27.2yrs
CEO ownership20.5%
Management average tenure1.3yrs
Board average tenure6.9yrs

Recent management updates

Recent updates

User avatar

Dynamic Product Innovations Set To Boost Growth Amid Industry Challenges

New high-value products and a strong pipeline of advanced molecules are expected to drive long-term revenue growth and market expansion.

CEO Compensation Analysis

How has Mayank Singhal's remuneration changed compared to PI Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

₹15b

Jun 30 2025n/an/a

₹16b

Mar 31 2025₹260m₹51m

₹17b

Dec 31 2024n/an/a

₹17b

Sep 30 2024n/an/a

₹18b

Jun 30 2024n/an/a

₹17b

Mar 31 2024₹250m₹46m

₹17b

Dec 31 2023n/an/a

₹16b

Sep 30 2023n/an/a

₹15b

Jun 30 2023n/an/a

₹14b

Mar 31 2023₹191m₹42m

₹12b

Dec 31 2022n/an/a

₹12b

Sep 30 2022n/an/a

₹10b

Jun 30 2022n/an/a

₹9b

Mar 31 2022₹165m₹39m

₹8b

Dec 31 2021n/an/a

₹8b

Sep 30 2021n/an/a

₹8b

Jun 30 2021n/an/a

₹8b

Mar 31 2021₹153m₹24m

₹7b

Dec 31 2020n/an/a

₹7b

Sep 30 2020n/an/a

₹6b

Jun 30 2020n/an/a

₹5b

Mar 31 2020₹12m₹3m

₹5b

Dec 31 2019n/an/a

₹5b

Sep 30 2019n/an/a

₹5b

Jun 30 2019n/an/a

₹4b

Mar 31 2019₹106m₹45m

₹4b

Compensation vs Market: Mayank's total compensation ($USD2.91M) is above average for companies of similar size in the Indian market ($USD885.43K).

Compensation vs Earnings: Mayank's compensation has been consistent with company performance over the past year.

CEO

Mayank Singhal (52 yo)

27.2yrs
Tenure
₹260,000,000
Compensation

Mr. Mayank Singhal is Vice Chairperson of PI Health Sciences Limited. He has been Executive Vice- Chairman & Managing Director at PI Industries Limited since September 09, 2019 and joined PI Industries Lim...

Leadership Team

NamePositionTenureCompensationOwnership
Mayank Singhal
Executive Vice-Chairman & MDno data₹260.00m20.45%
₹ 106.7b
Rajnish Sarna
Joint MDno data₹100.01m0.083%
₹ 431.5m
Atul Gupta
CEO & C.S.M. - AgChemno datano datano data
Sanjay Agarwal
Group CFO and Head of Strategy & Integrated Development Cell1.3yrsno datano data
Alexander Klausener
Chief Scientific Officerno datano datano data
Atanu Roy
Global Chief Information Officer2.2yrsno datano data
Amit Goel
Lead Corporate Legal1.3yrsno datano data
Shruti Joshi
Company Secretary & Compliance Officerless than a yearno datano data
Balasubramaniam Aiyaswamy
Chief People Officer1.8yrsno datano data
Arunabha RayChaudhuri
Global Head of Supply Chain Management2.2yrsno datano data
Ramesh Subramanian
Global CEO of PI Health Sciencesless than a yearno datano data
Jagresh Rana
CEO of Biologicals businessno datano datano data
1.3yrs
Average Tenure
52yo
Average Age

Experienced Management: 523642's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Mayank Singhal
Executive Vice-Chairman & MD27.2yrs₹260.00m20.45%
₹ 106.7b
Rajnish Sarna
Joint MD13yrs₹100.01m0.083%
₹ 431.5m
Vegulaparanan Vishwanathan
Independent Directorless than a yearno datano data
Shobinder Duggal
Independent Director4yrs₹5.28mno data
Pia Singh
Independent Director3.3yrs₹5.35m0.021%
₹ 111.7m
Narayan Seshadri
Non-Executive Chairperson19.8yrs₹31.43m0.31%
₹ 1.6b
Arvind Singhal
Non Independent Non Executive Director9.1yrs₹4.90mno data
Lisa Brown
Independent Non-Executive Director5.3yrs₹4.98mno data
Tanjore Balganesh
Non Independent - Non Executive Director8.5yrs₹9.43mno data
Rafael Del Rio Donoso
Non-Executive Director1.8yrs₹39.28mno data
6.9yrs
Average Tenure
67yo
Average Age

Experienced Board: 523642's board of directors are considered experienced (6.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/27 17:27
End of Day Share Price 2025/11/27 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PI Industries Limited is covered by 50 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAnand Rathi Shares and Stock Brokers Limited
Himanshu BinaniAnand Rathi Shares and Stock Brokers Limited
Bhawana IsraniAnand Rathi Shares and Stock Brokers Limited