PI Industries Limited (PIIND) - Net Assets
Based on the latest financial reports, PI Industries Limited (PIIND) has net assets worth Rs111.46 Billion INR (≈ $1.21 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs121.84 Billion ≈ $1.32 Billion USD) and total liabilities (Rs10.38 Billion ≈ $112.24 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check PI Industries Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs111.46 Billion |
| % of Total Assets | 91.48% |
| Annual Growth Rate | 32.48% |
| 5-Year Change | 90.12% |
| 10-Year Change | 767.43% |
| Growth Volatility | 23.22 |
PI Industries Limited - Net Assets Trend (2007–2025)
This chart illustrates how PI Industries Limited's net assets have evolved over time, based on quarterly financial data. Also explore PIIND asset base for the complete picture of this company's asset base.
Annual Net Assets for PI Industries Limited (2007–2025)
The table below shows the annual net assets of PI Industries Limited from 2007 to 2025. For live valuation and market cap data, see how much is PI Industries Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs101.57 Billion ≈ $1.10 Billion |
+16.33% |
| 2024-03-31 | Rs87.31 Billion ≈ $944.22 Million |
+21.29% |
| 2023-03-31 | Rs71.98 Billion ≈ $778.49 Million |
+17.61% |
| 2022-03-31 | Rs61.20 Billion ≈ $661.90 Million |
+14.56% |
| 2021-03-31 | Rs53.42 Billion ≈ $577.76 Million |
+103.98% |
| 2020-03-31 | Rs26.19 Billion ≈ $283.25 Million |
+14.60% |
| 2019-03-31 | Rs22.85 Billion ≈ $247.16 Million |
+18.73% |
| 2018-03-31 | Rs19.25 Billion ≈ $208.16 Million |
+18.29% |
| 2017-03-31 | Rs16.27 Billion ≈ $175.97 Million |
+38.97% |
| 2016-03-31 | Rs11.71 Billion ≈ $126.63 Million |
+30.62% |
| 2015-03-31 | Rs8.96 Billion ≈ $96.95 Million |
+29.08% |
| 2014-03-31 | Rs6.95 Billion ≈ $75.11 Million |
+30.62% |
| 2013-03-31 | Rs5.32 Billion ≈ $57.50 Million |
+63.38% |
| 2012-03-31 | Rs3.25 Billion ≈ $35.20 Million |
+52.27% |
| 2011-03-31 | Rs2.14 Billion ≈ $23.11 Million |
+38.26% |
| 2010-03-31 | Rs1.55 Billion ≈ $16.72 Million |
+64.66% |
| 2009-03-31 | Rs938.83 Million ≈ $10.15 Million |
+33.51% |
| 2008-03-31 | Rs703.17 Million ≈ $7.60 Million |
+9.47% |
| 2007-03-31 | Rs642.36 Million ≈ $6.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to PI Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 7641900000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs76.42 Billion | 75.24% |
| Common Stock | Rs152.00 Million | 0.15% |
| Other Comprehensive Income | Rs101.42 Billion | 99.85% |
| Total Equity | Rs101.57 Billion | 100.00% |
PI Industries Limited Competitors by Market Cap
The table below lists competitors of PI Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Andon Health Co Ltd
SHE:002432
|
$5.00 Billion |
|
Alkermes plc
F:8AK
|
$5.00 Billion |
|
Alfa S.A.B. de C.V.
MX:ALFAA
|
$5.00 Billion |
|
Bumi Resources Tbk
JK:BUMI
|
$5.00 Billion |
|
Caris Life Sciences, Inc. Common Stock
NASDAQ:CAI
|
$5.00 Billion |
|
Getinge AB ser. B
ST:GETI-B
|
$5.00 Billion |
|
Phillips Edison & Co Inc
NASDAQ:PECO
|
$4.99 Billion |
|
Victory Capital Holdings Inc
NASDAQ:VCTR
|
$4.99 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PI Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 87,310,000,000 to 101,570,000,000, a change of 14,260,000,000 (16.3%).
- Net income of 16,602,000,000 contributed positively to equity growth.
- Dividend payments of 2,276,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 14,260,000,000.
- Other factors decreased equity by 14,326,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs16.60 Billion | +16.35% |
| Dividends Paid | Rs2.28 Billion | -2.24% |
| Other Comprehensive Income | Rs14.26 Billion | +14.04% |
| Other Changes | Rs-14.33 Billion | -14.1% |
| Total Change | Rs- | 16.33% |
Book Value vs Market Value Analysis
This analysis compares PI Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.55x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 506.89x to 4.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | Rs6.01 | Rs3047.50 | x |
| 2008-03-31 | Rs6.58 | Rs3047.50 | x |
| 2009-03-31 | Rs8.83 | Rs3047.50 | x |
| 2010-03-31 | Rs13.35 | Rs3047.50 | x |
| 2011-03-31 | Rs15.45 | Rs3047.50 | x |
| 2012-03-31 | Rs24.70 | Rs3047.50 | x |
| 2013-03-31 | Rs41.48 | Rs3047.50 | x |
| 2014-03-31 | Rs50.73 | Rs3047.50 | x |
| 2015-03-31 | Rs65.03 | Rs3047.50 | x |
| 2016-03-31 | Rs84.89 | Rs3047.50 | x |
| 2017-03-31 | Rs117.68 | Rs3047.50 | x |
| 2018-03-31 | Rs139.65 | Rs3047.50 | x |
| 2019-03-31 | Rs165.62 | Rs3047.50 | x |
| 2020-03-31 | Rs189.74 | Rs3047.50 | x |
| 2021-03-31 | Rs361.00 | Rs3047.50 | x |
| 2022-03-31 | Rs403.45 | Rs3047.50 | x |
| 2023-03-31 | Rs474.48 | Rs3047.50 | x |
| 2024-03-31 | Rs575.46 | Rs3047.50 | x |
| 2025-03-31 | Rs669.43 | Rs3047.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PI Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.35%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.81%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.21x
- Recent ROE (16.35%) is below the historical average (20.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 6.69% | 1.35% | 0.96x | 5.13x | Rs-21.28 Million |
| 2008 | 8.99% | 1.70% | 1.04x | 5.06x | Rs-7.13 Million |
| 2009 | 25.83% | 5.23% | 1.10x | 4.47x | Rs148.60 Million |
| 2010 | 27.11% | 7.72% | 1.19x | 2.95x | Rs264.43 Million |
| 2011 | 30.46% | 9.04% | 1.08x | 3.11x | Rs437.31 Million |
| 2012 | 31.83% | 11.81% | 1.09x | 2.46x | Rs710.47 Million |
| 2013 | 18.31% | 8.48% | 1.01x | 2.13x | Rs441.70 Million |
| 2014 | 27.07% | 11.85% | 1.20x | 1.90x | Rs1.19 Billion |
| 2015 | 27.43% | 12.69% | 1.19x | 1.82x | Rs1.56 Billion |
| 2016 | 26.61% | 15.01% | 1.07x | 1.66x | Rs1.94 Billion |
| 2017 | 28.24% | 20.47% | 0.98x | 1.41x | Rs2.97 Billion |
| 2018 | 19.10% | 16.38% | 0.85x | 1.36x | Rs1.75 Billion |
| 2019 | 17.95% | 14.69% | 0.89x | 1.38x | Rs1.82 Billion |
| 2020 | 17.43% | 13.81% | 0.78x | 1.61x | Rs1.95 Billion |
| 2021 | 13.82% | 16.33% | 0.65x | 1.31x | Rs2.04 Billion |
| 2022 | 13.79% | 15.92% | 0.68x | 1.27x | Rs2.32 Billion |
| 2023 | 17.08% | 19.04% | 0.76x | 1.18x | Rs5.10 Billion |
| 2024 | 19.26% | 22.09% | 0.71x | 1.23x | Rs8.08 Billion |
| 2025 | 16.35% | 20.81% | 0.65x | 1.21x | Rs6.45 Billion |
Industry Comparison
This section compares PI Industries Limited's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $12,495,594,967
- Average return on equity (ROE) among peers: 13.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PI Industries Limited (PIIND) | Rs111.46 Billion | 6.69% | 0.09x | $5.00 Billion |
| Agro Phos India Limited (AGROPHOS) | $95.31 Million | 13.43% | 2.74x | $6.89 Million |
| Astec LifeSciences Limited (ASTEC) | $970.25 Million | 5.05% | 0.85x | $171.71 Million |
| Bayer Cropscience Limited (BAYERCROP) | $27.12 Billion | 27.96% | 0.73x | $2.29 Billion |
| Best Agrolife Limited (BESTAGRO) | $31.27 Million | 2.19% | 4.68x | $67.51 Million |
| Bhagiradha Chemicals & Industries Limited (BHAGCHEM) | $494.38 Million | 5.10% | 2.95x | $367.34 Million |
| Bharat Rasayan Limited (BHARATRAS) | $285.91 Million | 5.42% | 0.41x | $248.77 Million |
| Bohra Industries Limited (BOHRAIND) | $793.62 Million | 9.33% | 1.21x | $2.15 Million |
| Bombay Super Hybrid Seeds Limited (BSHSL) | $44.73 Million | 17.99% | 3.55x | $112.25 Million |
| Chambal Fertilizers & Chemicals Limited (CHAMBLFERT) | $63.86 Billion | 24.52% | 1.08x | $1.91 Billion |
| Coromandel International Limited (COROMANDEL) | $31.26 Billion | 22.12% | 2.11x | $6.38 Billion |
About PI Industries Limited
PI Industries Limited, together with its subsidiaries, manufactures and distributes of agricultural chemicals in India, rest of Asia, North America, Europe, and internationally. It operates through Agro Chemicals and Pharma segments. The company offers agrochemicals, including insecticides, fungicides, herbicides, and biologicals; crop solutions for soybeans, chili, sugarcane, rice, wheat, cotton… Read more