PI Industries Limited

BSE:523642 Stock Report

Market Cap: ₹533.4b

PI Industries Valuation

Is 523642 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 523642 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₹1.20k
Fair Value
192.1% overvalued intrinsic discount
27
Number of Analysts

Below Fair Value: 523642 (₹3516.35) is trading above our estimate of fair value (₹1203.76)

Significantly Below Fair Value: 523642 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 523642?

Key metric: As 523642 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 523642. This is calculated by dividing 523642's market cap by their current earnings.
What is 523642's PE Ratio?
PE Ratio30x
Earnings₹17.75b
Market Cap₹533.40b

Price to Earnings Ratio vs Peers

How does 523642's PE Ratio compare to its peers?

The above table shows the PE ratio for 523642 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35.5x
COROMANDEL Coromandel International
39.8x24.5%₹543.4b
506285 Bayer CropScience
38.8x23.7%₹225.0b
SUMICHEM Sumitomo Chemical India
50.7x17.9%₹245.2b
CHAMBLFERT Chambal Fertilisers and Chemicals
12.8x6.0%₹197.5b
523642 PI Industries
30x9.1%₹533.4b

Price-To-Earnings vs Peers: 523642 is good value based on its Price-To-Earnings Ratio (30x) compared to the peer average (35.5x).

Price to Earnings Ratio vs Industry

How does 523642's PE Ratio compare vs other companies in the IN Chemicals Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
523642 30.0xIndustry Avg. 30.4xNo. of Companies37PE020406080100+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 523642 is good value based on its Price-To-Earnings Ratio (30x) compared to the Indian Chemicals industry average (30.4x).

Price to Earnings Ratio vs Fair Ratio

What is 523642's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

523642 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio30x
Fair PE Ratio23.5x

Price-To-Earnings vs Fair Ratio: 523642 is expensive based on its Price-To-Earnings Ratio (30x) compared to the estimated Fair Price-To-Earnings Ratio (23.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 523642 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹3,516.35
₹4,418.96
+25.7%
15.5%₹5,700.00₹2,800.00n/a27
Jan ’26₹3,692.90
₹4,471.56
+21.1%
14.9%₹5,700.00₹2,800.00n/a27
Dec ’25₹4,065.55
₹4,495.68
+10.6%
14.6%₹5,700.00₹2,830.00n/a28
Nov ’25₹4,499.75
₹4,647.07
+3.3%
14.4%₹5,600.00₹2,925.00n/a27
Oct ’25₹4,731.80
₹4,625.59
-2.2%
14.1%₹5,600.00₹2,925.00n/a27
Sep ’25₹4,495.20
₹4,571.70
+1.7%
15.2%₹5,600.00₹2,925.00n/a27
Aug ’25₹4,421.30
₹4,117.00
-6.9%
13.6%₹5,500.00₹2,870.00n/a27
Jul ’25₹3,817.05
₹4,126.26
+8.1%
13.6%₹5,500.00₹2,870.00n/a27
Jun ’25₹3,551.15
₹4,091.26
+15.2%
13.6%₹5,500.00₹2,870.00n/a27
May ’25₹3,652.00
₹4,049.80
+10.9%
14.7%₹5,700.00₹2,925.00n/a25
Apr ’25₹3,890.75
₹4,027.29
+3.5%
14.4%₹5,700.00₹2,925.00n/a24
Mar ’25₹3,677.15
₹4,001.43
+8.8%
14.5%₹5,700.00₹2,925.00n/a23
Feb ’25₹3,409.90
₹4,020.04
+17.9%
15.8%₹5,400.00₹2,700.00n/a24
Jan ’25₹3,475.10
₹4,038.63
+16.2%
15.2%₹5,400.00₹2,700.00₹3,692.9024
Dec ’24₹3,815.30
₹4,178.64
+9.5%
13.5%₹5,400.00₹2,700.00₹4,065.5525
Nov ’24₹3,375.95
₹4,143.92
+22.7%
11.9%₹4,850.00₹2,600.00₹4,499.7525
Oct ’24₹3,450.40
₹4,127.92
+19.6%
11.8%₹4,850.00₹2,600.00₹4,731.8025
Sep ’24₹3,621.40
₹4,054.42
+12.0%
14.3%₹4,850.00₹2,417.00₹4,495.2026
Aug ’24₹3,661.10
₹3,914.40
+6.9%
14.5%₹4,700.00₹2,417.00₹4,421.3025
Jul ’24₹3,922.55
₹3,878.42
-1.1%
14.5%₹4,600.00₹2,417.00₹3,817.0524
Jun ’24₹3,516.90
₹3,832.08
+9.0%
15.0%₹4,600.00₹2,417.00₹3,551.1525
May ’24₹3,383.05
₹3,725.44
+10.1%
14.7%₹4,600.00₹2,417.00₹3,652.0025
Apr ’24₹3,027.10
₹3,674.75
+21.4%
15.0%₹4,600.00₹2,417.00₹3,890.7524
Mar ’24₹3,136.00
₹3,657.08
+16.6%
14.8%₹4,600.00₹2,417.00₹3,677.1526
Feb ’24₹3,029.65
₹3,693.50
+21.9%
12.3%₹4,500.00₹2,600.00₹3,409.9024
Jan ’24₹3,422.85
₹3,681.83
+7.6%
12.3%₹4,470.00₹2,600.00₹3,475.1024
Analyst Price Target
Consensus Narrative from 27 Analysts
₹4.42k
Fair Value
20.4% undervalued intrinsic discount
27
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 21:47
End of Day Share Price 2025/01/21 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

PI Industries Limited is covered by 54 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
Bhawana IsraniAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.