Earnings Alerts

Pi Industries 4Q Earnings: Net Income Falls Short of Estimates Despite 32% Yearly Growth

  • PI Industries reported a fourth quarter net income of 3.7 billion rupees, marking an increase of 32% year over year.
  • Even with the y/y increase, the net income fell short of the estimated 3.76 billion rupees.
  • The company’s revenue also missed estimates; reporting 17.41 billion rupees instead of the expected 19.68 billion rupees.
  • Total costs for PI industries were 13.9 billion rupees, up by 8.6% compared to the same period last year.
  • A dividend per share of 9 rupees has been announced by the company.
  • Looking at the analysts consensus, there are 20 buys, 2 holds, and 5 sells for PI Industries.
  • Comparisons to past results are based on values reported by from the company’s original disclosures.

Pi Industries on Smartkarma

Analysts on Smartkarma, such as Brian Freitas, are closely following Pi Industries, a company frequently covered on the independent investment research network. In one recent report by Brian Freitas, titled “NIFTY NEXT50 Index Rebalance: Five Changes on Expected Lines; Big Turnover,” the analyst provides insights into the upcoming changes for the NIFTY NEXT50 Index in March. The report highlights that there will be positioning following the five expected changes, with an estimated one-way turnover of 10.1% equating to a significant trade volume.

Furthermore, the report mentions potential impacts on non-F&O stocks due to capping and funding flows as a result of the impending changes in the NIFTY NEXT50 Index. This indicates that analysts like Brian Freitas are delving deep into the implications of market events on companies like Pi Industries, offering valuable perspectives and sentiments to investors seeking informed decisions in the dynamic investment landscape.


A look at Pi Industries Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience5
Momentum3
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Pi Industries shows a promising long-term outlook. With high resilience and growth scores of 5 and 4 respectively, the company demonstrates strong stability and potential for expansion. Additionally, a moderate value score of 2 suggests that Pi Industries offers fair value for investors. Coupled with a decent dividend score of 3, indicating a stable dividend payout, the company presents a balanced outlook for long-term investment.

Pi Industries Limited, a manufacturer of agricultural and fine chemicals, and polymers, appears to be positioned well for the future. The company’s emphasis on resilience and growth, with momentum and dividend scores also taken into account, highlights its ability to weather challenges and sustain growth over time. With a diversified product range catering to various industries, including crop protection, plant nutrients, and engineering plastics, Pi Industries showcases a robust foundation for long-term success in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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