PI Industries Ltd - 523642 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Investors Meeting30-11-2021
30-11-2021
Hot Stocks | Here's why you should bet on Reliance, PI Industries, United Spirits for short term
Any sustainable move above 17,600 levels may cause an upside momentum towards 17,700-17,800 levels, says Rajesh Palviya of Axis Securities.26-11-2021
PI Industries Ltd - 523642 - Announcement under Regulation 30 (LODR)-Resignation of Director
Intimation regarding resignation of Dr. K.V.S. Ram Rao, Whole-time Director23-11-2021
PI Industries Ltd - 523642 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Regulation 30(6) of SEBI (LODR) Regulations, 2015 - Intimation for Investors meetings.22-11-2021
PI Industries Ltd - 523642 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release on S&P Global Corporate Sustainability Assessment (CSA)20-11-2021
PI Industries Ltd - 523642 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, please find enclosed herewith the Advt. copies of the Un-audited Financial Results for the quarter and half year ended September 30, 2021 published in the following newspapers: - Financial Express (National daily newspaper) - All India English Edition, on November 14, 2021. - Dainik Bhaskar (daily newspaper) - Hindi Edition, Udaipur on November 14, 2021.15-11-2021
PI Industries gains after Q2 earnings, Sharekhan expects 38% upside
Sharekhan believes that the recent sharp correction in the stock price from its 52-week high of Rs 3,533 provides a good investment opportunity.15-11-2021
Q2FY22 Quarterly Result Announced for PI Industries Ltd.
Highlights: 17% YoY revenue growth primarily driven by: 24% growth in Exports contributed by strong volume growth in key products Domestic business growth remained flat on account of global supply chain disruptions impacting imports, adverse weather events in certain herbicide geographies, etc. Gross Margin maintained despite sharp increase in input costs and curtailed export incentives by ~ 1.5%, mainly on account of favourable product mix. Price correction being done to maintain gross margin Overheads increase of 38% is mainly attributable to sharp increase in fuel and related utilities, one-time expenses pertaining to several strategic initiatives and other Covid19 management costs 4% increase in EBITDA reflects rising input cost. Growth continues in Q2’FY22 YoY Revenue up by 17%, EBITDA by 4%, PAT by 6% H1’FY 22 Performance YoY Revenue up by 15%, EBITDA by 6%, PAT by 15% 15% YoY revenue growth primarily driven by: 27% growth in Exports contributed by strong volume growth in key products Domestic business impacted due to disruption in global supply chains, adverse weather events impacting herbicide sales in certain geographies, etc Gross Margin improvement reflects increase in input costs, curtailed export incentives by ~ 1.5% and favourable product / business mix. Overheads increase of 33% is mainly attributable to sharp increase in fuel and related utilities, travel cost, one-time expenses pertaining to several strategic initiatives, other Covid19 management costs and reflects in softer EBIDTA improvement. Net profit improved by 15% YoY with lower ETR Net sales to Fixed Asses ratio improved to 2.04 (Sep’21) Vs 1.89 (Mar’21) Positive operating Cash flow of Rs. 208 crore Increased inventory levels maintain to avert supply chain disruptions and meet customer supply schedules / continued operations. Surplus cash net of debt of Rs. 2,062 crore (including QIP proceeds) QIP funds remains invested into deposits and debt mutual funds with SLR philosophy while final deployment aligned with PI’s longer term growth strategy is underway Result PDF15-11-2021
Earnings Call for Q2FY22 of PI Industries
Conference Call with PI Industries Ltd. Management and Analysts on Q2FY22 Performance and Outlook. Listen to the full earnings transcript.13-11-2021