PI Industries Ltd (NSE:PIIND)

Q2 2026 PI Industries Ltd Earnings Call Transcript

Nov 12, 2025 / 06:00 AM GMT

Release Date Price: ₹3588.9 (-5.23%)

Transcript

Key Points

Positve

PI Industries Ltd (BOM:523642) reported a 50% year-on-year growth in its pharma business, driven by new customer acquisitions and pipeline development.
The company has commercialized 5 new molecules in the first half of the fiscal year and plans to commercialize 8 to 10 new molecules in the coming fiscal year.
New products in the chemical exports segment have seen a 38% year-on-year growth, demonstrating the success of the company's de-risking strategy.
PI Industries Ltd (BOM:523642) is investing in the biologicals segment, with a new research center in Hyderabad and plans to expand its market presence in the US, Brazil, Europe, Mexico, and India.
The company maintains a strong focus on financial discipline, aiming for sustainable growth with robust cash flows and a healthy return on capital.

Negative

PI Industries Ltd (BOM:523642) experienced a 16% decline in revenue for Q2 compared to the same period last year, primarily due to adverse weather conditions and regulatory challenges.
The domestic business saw a 5% year-on-year decline in H1, impacted by erratic rainfall and abrupt regulatory actions affecting demand.
The global crop protection industry is facing a prolonged down cycle, with low commodity prices, rising interest rates, and inventory destocking affecting performance.
The company's biological business has been impacted by regulatory changes, leading to significant disruptions in sales.
PI Industries Ltd (BOM:523642) is currently in an investment phase for its pharma and biological segments, resulting in higher overheads and delayed profitability.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

PIIL.NS - PI Industries Ltd
Q2 2026 PI Industries Ltd Earnings Call
Nov 12, 2025 / 06:00AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to the PI Industries Limited Q2 S 526 earnings conference call.

As a reminder, all participant clients will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during the call, please signal an operator by pressing, then 0 on your touchstone phone.

I now hand the conference over to Mr. Nishit Solanki from CDR India.

Thank you and over to you.

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Unidentified_2 [2]
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Sir.

Thank

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