PI Industries Limited

NSEI:PIIND Stock Report

Market Cap: ₹443.2b

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 tenure27.5yrs
CEO ownership20.5%
Management average tenure1.6yrs
Board average tenure7.2yrs

Recent management updates

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For PI Industries Limited's (NSE:PIIND) CEO For Now

Aug 08
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For PI Industries Limited's (NSE:PIIND) CEO For Now

Recent updates

The Returns At PI Industries (NSE:PIIND) Aren't Growing

Feb 08
The Returns At PI Industries (NSE:PIIND) Aren't Growing

These 4 Measures Indicate That PI Industries (NSE:PIIND) Is Using Debt Reasonably Well

Jan 18
These 4 Measures Indicate That PI Industries (NSE:PIIND) Is Using Debt Reasonably Well

Weak Statutory Earnings May Not Tell The Whole Story For PI Industries (NSE:PIIND)

Nov 19
Weak Statutory Earnings May Not Tell The Whole Story For PI Industries (NSE:PIIND)

PI Industries Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Nov 14
PI Industries Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

PI Industries Limited's (NSE:PIIND) Price Is Out Of Tune With Earnings

Oct 31
PI Industries Limited's (NSE:PIIND) Price Is Out Of Tune With Earnings

Returns At PI Industries (NSE:PIIND) Appear To Be Weighed Down

Oct 10
Returns At PI Industries (NSE:PIIND) Appear To Be Weighed Down

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For PI Industries Limited's (NSE:PIIND) CEO For Now

Aug 08
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For PI Industries Limited's (NSE:PIIND) CEO For Now

Earnings Not Telling The Story For PI Industries Limited (NSE:PIIND)

Jul 04
Earnings Not Telling The Story For PI Industries Limited (NSE:PIIND)

We Think PI Industries (NSE:PIIND) Can Manage Its Debt With Ease

Jun 13
We Think PI Industries (NSE:PIIND) Can Manage Its Debt With Ease

PI Industries Limited (NSE:PIIND) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

May 23
PI Industries Limited (NSE:PIIND) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

PI Industries (NSE:PIIND) Ticks All The Boxes When It Comes To Earnings Growth

Mar 30
PI Industries (NSE:PIIND) Ticks All The Boxes When It Comes To Earnings Growth

PI Industries (NSE:PIIND) Will Want To Turn Around Its Return Trends

Mar 14
PI Industries (NSE:PIIND) Will Want To Turn Around Its Return Trends

There's Reason For Concern Over PI Industries Limited's (NSE:PIIND) Price

Jan 16
There's Reason For Concern Over PI Industries Limited's (NSE:PIIND) Price

Is Now The Time To Put PI Industries (NSE:PIIND) On Your Watchlist?

Dec 16
Is Now The Time To Put PI Industries (NSE:PIIND) On Your Watchlist?

PI Industries (NSE:PIIND) Has A Rock Solid Balance Sheet

Nov 30
PI Industries (NSE:PIIND) Has A Rock Solid Balance Sheet

Why You Should Care About PI Industries' (NSE:PIIND) Strong Returns On Capital

Oct 28
Why You Should Care About PI Industries' (NSE:PIIND) Strong Returns On Capital

Earnings Not Telling The Story For PI Industries Limited (NSE:PIIND)

Sep 22
Earnings Not Telling The Story For PI Industries Limited (NSE:PIIND)

Increases to CEO Compensation Might Be Put On Hold For Now at PI Industries Limited (NSE:PIIND)

Aug 21
Increases to CEO Compensation Might Be Put On Hold For Now at PI Industries Limited (NSE:PIIND)

PI Industries (NSE:PIIND) Is Increasing Its Dividend To ₹9.00

Aug 10
PI Industries (NSE:PIIND) Is Increasing Its Dividend To ₹9.00

PI Industries Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Aug 09
PI Industries Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

PI Industries (NSE:PIIND) Is Increasing Its Dividend To ₹9.00

Jul 26
PI Industries (NSE:PIIND) Is Increasing Its Dividend To ₹9.00

PI Industries (NSE:PIIND) Is Increasing Its Dividend To ₹9.00

Jul 12
PI Industries (NSE:PIIND) Is Increasing Its Dividend To ₹9.00

PI Industries (NSE:PIIND) Is Paying Out A Larger Dividend Than Last Year

Jun 28
PI Industries (NSE:PIIND) Is Paying Out A Larger Dividend Than Last Year

Returns On Capital At PI Industries (NSE:PIIND) Have Stalled

Jun 13
Returns On Capital At PI Industries (NSE:PIIND) Have Stalled

PI Industries (NSE:PIIND) Is Increasing Its Dividend To ₹9.00

May 28
PI Industries (NSE:PIIND) Is Increasing Its Dividend To ₹9.00

PI Industries Limited (NSE:PIIND) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year

May 25
PI Industries Limited (NSE:PIIND) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Investor Optimism Abounds PI Industries Limited (NSE:PIIND) But Growth Is Lacking

May 21
Investor Optimism Abounds PI Industries Limited (NSE:PIIND) But Growth Is Lacking

Here's Why PI Industries (NSE:PIIND) Has Caught The Eye Of Investors

Apr 09
Here's Why PI Industries (NSE:PIIND) Has Caught The Eye Of Investors

Does PI Industries (NSE:PIIND) Have A Healthy Balance Sheet?

Feb 29
Does PI Industries (NSE:PIIND) Have A Healthy Balance Sheet?

PI Industries Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Feb 14
PI Industries Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

PI Industries' (NSE:PIIND) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 12
PI Industries' (NSE:PIIND) Shareholders Will Receive A Bigger Dividend Than Last Year

PI Industries Limited's (NSE:PIIND) Shares May Have Run Too Fast Too Soon

Jan 16
PI Industries Limited's (NSE:PIIND) Shares May Have Run Too Fast Too Soon

Here's Why We Think PI Industries (NSE:PIIND) Is Well Worth Watching

Dec 15
Here's Why We Think PI Industries (NSE:PIIND) Is Well Worth Watching

PI Industries (NSE:PIIND) Seems To Use Debt Rather Sparingly

Nov 30
PI Industries (NSE:PIIND) Seems To Use Debt Rather Sparingly

Capital Investment Trends At PI Industries (NSE:PIIND) Look Strong

Oct 25
Capital Investment Trends At PI Industries (NSE:PIIND) Look Strong

Is PI Industries (NSE:PIIND) A Risky Investment?

Aug 26
Is PI Industries (NSE:PIIND) A Risky Investment?

Here's Why We Think PI Industries (NSE:PIIND) Is Well Worth Watching

Jul 12
Here's Why We Think PI Industries (NSE:PIIND) Is Well Worth Watching

Returns On Capital At PI Industries (NSE:PIIND) Have Stalled

Jun 06
Returns On Capital At PI Industries (NSE:PIIND) Have Stalled

We Ran A Stock Scan For Earnings Growth And PI Industries (NSE:PIIND) Passed With Ease

Apr 10
We Ran A Stock Scan For Earnings Growth And PI Industries (NSE:PIIND) Passed With Ease

We Think PI Industries (NSE:PIIND) Can Stay On Top Of Its Debt

Mar 07
We Think PI Industries (NSE:PIIND) Can Stay On Top Of Its Debt

PI Industries' (NSE:PIIND) Dividend Will Be Increased To ₹4.50

Feb 17
PI Industries' (NSE:PIIND) Dividend Will Be Increased To ₹4.50

The Returns On Capital At PI Industries (NSE:PIIND) Don't Inspire Confidence

Feb 10
The Returns On Capital At PI Industries (NSE:PIIND) Don't Inspire Confidence

Here's Why We Think PI Industries (NSE:PIIND) Is Well Worth Watching

Dec 27
Here's Why We Think PI Industries (NSE:PIIND) Is Well Worth Watching

Does PI Industries (NSE:PIIND) Have A Healthy Balance Sheet?

Nov 26
Does PI Industries (NSE:PIIND) Have A Healthy Balance Sheet?

CEO Compensation Analysis

How has Mayank Singhal's remuneration changed compared to PI Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

₹15b

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 ($USD2.80M) is above average for companies of similar size in the Indian market ($USD721.81K).

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


CEO

Mayank Singhal (52 yo)

27.5yrs
Tenure
₹260,000,000
Compensation

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


Leadership Team

NamePositionTenureCompensationOwnership
Mayank Singhal
Executive Vice-Chairman & MDno data₹260.00m20.45%
₹ 90.7b
Rajnish Sarna
Joint MDno data₹100.01m0.083%
₹ 366.7m
Atul Gupta
CEO & C.S.M. - AgChemno datano datano data
Sanjay Agarwal
Group CFO and Head of Strategy & Integrated Development Cell1.6yrsno datano data
Atanu Roy
Global Chief Information Officer2.5yrsno datano data
Amit Goel
Lead Corporate Legal1.7yrsno datano data
Shruti Joshi
Company Secretary & Compliance Officerless than a yearno datano data
Kamali Rajesh
Global Chief People Officerless than a yearno datano data
Arunabha RayChaudhuri
Global Head of Supply Chain Management2.5yrsno datano data
Ramesh Subramanian
Global CEO of PI Health Sciences1.2yrsno datano data
Jagresh Rana
CEO of AgSciences & CEO of Biologicals businessno datano datano data
Marco Busch
Global Head of Ag Research and Developmentno datano datano data
1.6yrs
Average Tenure
53yo
Average Age

Experienced Management: PIIND's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Mayank Singhal
Executive Vice-Chairman & MD27.5yrs₹260.00m20.45%
₹ 90.7b
Rajnish Sarna
Joint MD13.3yrs₹100.01m0.083%
₹ 366.7m
Vegulaparanan Vishwanathan
Independent Directorless than a yearno datano data
Shobinder Duggal
Independent Director4.3yrs₹5.28mno data
Pia Singh
Independent Director3.6yrs₹5.35m0.021%
₹ 94.9m
Narayan Seshadri
Non-Executive Chairperson20.2yrs₹31.43m0.31%
₹ 1.4b
Arvind Singhal
Non Independent Non Executive Director9.4yrs₹4.90mno data
Lisa Brown
Independent Non-Executive Director5.6yrs₹4.98mno data
Tanjore Balganesh
Non Independent - Non Executive Director8.8yrs₹9.43mno data
Rafael Del Rio Donoso
Non-Executive Director2.1yrs₹39.28mno data
7.2yrs
Average Tenure
67yo
Average Age

Experienced Board: PIIND's board of directors are considered experienced (7.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/18 22:18
End of Day Share Price 2026/03/18 00:00
Earnings2025/12/31
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. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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