Business Beating On All Fronts

What distinguishes PI Industries from its peers is its capacity to provide complex chemical solutions in the agri-sciences industry. The company with a strong infrastructure set-up operates through three formulation facilities as well as eight multi-product plants around its three manufacturing locations. The management boasts of its net debt to equity position being almost zero with a sustained build up in its performance that has resulted in consistent accretion of reserves. PI Industries witnessed revenue growth of 32 per cent Year-on-Year (YoY) based on its 40 per cent YoY growth in exports on account of demand boost of its existing products. “PI Industries is all set to make a comeback (revenue CAGR of 21 per cent between Financial Year (FY) 2018-2021E) driven by both domestic (~39 per cent of revenues) and CSM business (61 per cent of revenues),” pointed out an analyst...