PI Industries FY26 Net Profit at ₹14,348 Million

PI Industries has announced its audited standalone and consolidated financial results for the year ended March 31, 2026. The company reported a total income of ₹64,904 million for the financial year, with a net profit of ₹14,348 million. Additionally, the audio recording of the earnings conference call held on May 20, 2026, to discuss these results is now available on the company's website.

Financial Performance

The standalone financial results for the year ended March 31, 2026, show a profit for the period of ₹14,348 million. Revenue from operations stood at ₹61,827 million, while other income contributed ₹3,077 million. Total expenses for the year were recorded at ₹45,592 million. For the quarter ended March 31, 2026, revenue from operations was ₹13,914 million and net profit was ₹1,978 million.

Parameter	Amount (₹ Million)
Revenue from Operations	61,827
Other Income	3,077
Total Income	64,904
Total Expenses	45,592
Net Profit for the Year	14,348

Dividend Declaration

The Board of Directors, at their meeting held on May 19, 2026, recommended a final dividend of ₹10 per equity share. This is in addition to the interim dividend of ₹5 per equity share paid during the year, bringing the total dividend for the year to ₹15 per share. The dividend is subject to the approval of shareholders at the ensuing Annual General Meeting.

Operational Highlights

The company’s earnings per share (EPS) for the year stood at ₹94.57 on a basic basis and ₹94.56 on a diluted basis. The paid-up equity share capital remained at ₹152 million. The financial results were reviewed by the Audit Committee and approved by the Board.

Board and Key Appointments

During the meeting held on May 19, 2026, the Board approved the re-appointment of M/s K.G. Goyal & Co. as Cost Auditors for the financial year 2026-27. Mr. Rajnish Sarna resigned from the office of Joint Managing Director effective May 19, 2026, to focus on health recovery, and will continue as a Non-Executive, Non-Independent Director. The Board appointed Dr. Atul Kumar Gupta as an Additional Director and Whole Time Director for a period of three years commencing May 19, 2026, subject to shareholder approval. Additionally, Dr. Marco Busch was designated as Senior Management Personnel.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.45%	+4.96%	-8.06%	-15.83%	-28.51%	+0.22%

PI Industries has articulated a clear strategic direction, prioritising volume-driven market share expansion over near-term margin growth as it looks to strengthen its competitive positioning in the electronic chemicals space.

Electronic Chemicals: A Key Growth Vertical

The company has set a revenue target of Rs 100 million from its electronic chemicals business, with a timeline of 4-5 years to achieve this milestone. This target underscores PI Industries' commitment to building scale in a segment that is increasingly gaining strategic importance within the broader specialty chemicals landscape.

The following table summarises the key parameters of PI Industries' electronic chemicals growth strategy:

Parameter:	Details
Revenue Target:	Rs 100 million
Target Timeline:	4-5 years
Growth Driver:	Volume growth
Strategic Priority:	Market share expansion over margin growth

Volume Growth as the Core Strategy

PI Industries' decision to focus on volume growth rather than margin expansion reflects a deliberate approach to building a sustainable market presence in electronic chemicals. By prioritising volumes, the company aims to deepen its footprint and establish a stronger competitive position in this segment before optimising for profitability.

This strategy indicates that PI Industries views long-term market leadership in electronic chemicals as a key objective, with revenue scale being the primary near-to-medium term metric guiding its business decisions in this vertical.