Earnings Alerts

Pi Industries (PI) Earnings: 1Q Net Income Surpasses Estimates with 17% Growth

  • PI Industries’ net income for the first quarter was 4.49 billion rupees.
  • This net income represents a 17% increase compared to the same period last year.
  • Analysts had estimated a net income of 4.07 billion rupees.
  • Revenue for the first quarter reached 20.7 billion rupees.
  • This revenue marks an 8.4% increase year-over-year.
  • Analysts had projected revenue of 21.34 billion rupees.
  • Total costs for the quarter were 15.8 billion rupees, up 3.9% from the previous year.
  • Current analyst ratings include 22 buys, 2 holds, and 5 sells.

Pi Industries on Smartkarma



Analyst coverage of Pi Industries on Smartkarma is gaining attention from top independent analysts like Brian Freitas. In his recent research report on the NIFTY NEXT50 Index Rebalance, Brian highlighted five expected changes with a bearish sentiment. He noted that these changes, including capping adjustments for non-FnO stocks, are anticipated to drive significant turnover and positioning in the market. With an estimated one-way turnover of 10.1%, translating to a substantial trade volume, the impact of these adjustments on both adds and deletes is expected to be substantial. Investors following Pi Industries may want to keep an eye on these developments as they unfold.



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 Smartkarma Smart Scores, Pi Industries seems to have a positive long-term outlook. With high scores in Growth and Resilience, the company is positioned for potential expansion and stability in the face of market challenges. The Growth score of 4 indicates strong potential for future development and profitability. Additionally, the Resilience score of 5 suggests that Pi Industries has the ability to withstand economic downturns and maintain its operations effectively.

Pi Industries also achieved moderate scores in Value and Momentum, with a Dividend score of 3. This indicates that the company may offer some value for investors and has a moderate dividend payout. While the Momentum score of 3 shows steady market traction, the company appears to be on a path of growth and sustainability in the long run. Overall, Pi Industries, a manufacturer of agricultural and fine chemicals, as well as engineering plastics, seems to be well-positioned for continued success based on the Smartkarma Smart Scores.

Summary: Pi Industries Limited manufactures agricultural and fine chemicals, plant nutrients, seeds, and engineering plastics for various industries. The company shows strengths in Growth and Resilience, positioning it for potential expansion and stability 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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