View News

P I Industries Q4FY16 standalone net profit rises 58% yoy to Rs.95.30 crore : Beats Estimates

P I Industries Q4FY16 standalone net profit rises 58% yoy to Rs.95.30 crore : Beats Estimates

The company’s standalone revenue stood at Rs. 584.41 crore, up 8.83% yoy and 14.37% qoq.

P I Industries Ltd, an agrochemicals firm, reported standalone net profit of Rs. 95.30 crore for the quarter ended March 31, 2016, registering growth of 57.99% yoy and 31.39% qoq. The company’s revenue stood at Rs. 584.41 crore, up 8.83% yoy and 14.37% qoq.

Its standalone core operating profit of Rs. 107.29 crore for the quarter, clocked growth of 12.62% yoy and 2.35% qoq. Operating profit margin for the current quarter at 18.36% expanded by 62 bps yoy but contracted by 216 bps qoq.

For the year ended March 31, 2016, the company reported standalone net profit of Rs. 313.35 crore, growing by 28.82% yoy. Its standalone revenue for the period stood at Rs. 2,096.29 crore, registering growth of 8.08% yoy.

P I Industries Ltd's core operating profit stood at Rs. 432.71 crore, recording growth of 16.96% yoy. Operating margin for the current period at 20.14% expanded by 107 bps yoy.

PI Industries delivers strong quarter; lower tax expenses, higher other operating income aids:

PI Industries reported a strong quarter, surpassing IIFL estimates both on topline and bottom line front by huge margins of 14% and 67% respectively. The company’s revenue stood at Rs. 584.41 crore, up 8.83% yoy and 14.37% qoq on account of higher other operating income. Its other operating income stood at Rs. 10.85 crore for the quarter under review as against loss of Rs. 2.20 crore in the corresponding quarter of the previous year and Rs. 4.71 crore for the preceding quarter.

The company reported standalone net profit of Rs. 95.30 crore for the quarter, up 57.99% yoy and 31.39% qoq on lower tax expenses which just stood at Rs. 1.36 crore , down by 94.30% qoq and 94.61% qoq.

Stock Commentary: 

P I Industries Ltd is currently trading at Rs. 634.5, up by 38.1 points or 6.39% from its previous closing of Rs. 596.4 on the BSE.

The scrip opened at Rs. 630 and has touched a high and low of Rs. 637 and Rs. 611.95 respectively. So far 235645(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 8178.27 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 756.2 on 25-May-2015 and a 52 week low of Rs. 495.35 on 26-Feb-2016. Last one week high and low of the scrip stood at Rs. 640.45 and Rs. 592 respectively.

The promoters holding in the company stood at 51.72 % while Institutions and Non-Institutions held 34.16 % and 13.96 % respectively.

The stock is currently trading below its 200 DMA.

2017-01-04 21:09:18

I cannot tell a lie, that really heplde.

2017-01-25 11:05:49

I predict that you might have just added two more dance classes per week to your busy schedule with the purchase of these shoes. I know they are having fun with them!My mom must have been smart, I only remember quiet toys!

2017-01-25 12:18:40

wow this recipe looks great!can I use food colouring instead of powdered colouringand what exactly is ganache and can you make vanilla ganachesorry for all the questions i just want them to turn out good!thank you Ann!

2017-01-25 12:19:33

Thank you so much for this article, it saved me time!

2017-01-25 16:30:07

An intelligent answer - no BS - which makes a pleasant change

2017-01-25 17:00:13

It’s a legitimate nice in addition to practical element of information. I’m happy which you shared this type of valuable details all around. Be sure to keep us educated by doing this. Thanks a lot to get sharing.

2017-01-25 17:46:47

सुधा जी,आम के माध्यम से सामाजिक परिवेश, मावनीय संवेदनाओं और प्रकृति से उसके तारतम्य को उजागर करती रचना.अत्यंत मनमोहक एवं शिक्षाप्रद रचना.

2017-01-25 19:18:30

Caro SamuelNão estive lá (isto de viver na Provincia). Mas sei que dignamente cantaste o Zeca. Esteja onde estiver de certeza que gostou de ouvir na tua excelente voz, as suas canções.AbraçoRodrigo

2017-01-25 20:25:17

Ieri ero a “piùlibripiùliberi”. Ho ascoltato Laurence Cossè ( ricorderete “La libreria del buon romanzo”!) che presentava “Mandorle amare” in compagnia di Amara Lakhous.Tratta di una storia vera. L’autrice ha insegnato a leggere e scrivere a una signora tunisina attempata e racconta l’inconsueta esperienza.In risposta a una domanda sui motivi d’interesse del libro, ha detto (cito a memoria):” Un testo è opera dell’autore al 50% , l’altra metà è opera del lettore”. Concordo.

2017-01-25 20:29:31

“So schrumpft das Schuldenloch doch keinen Meter!” schrie laut der schlaue Ramsi-Peter. Drum hat er sich die Auto-Maut in Nachbarsländer abgeschaut. Doch weil er zum Kopieren nicht geschaffen, macht er sich damit total zum Affen.

2017-01-26 00:42:59

These topics are so confusing but this helped me get the job done.

2017-01-26 01:24:46

Articles like these put the consumer in the driver seat-very important.

2017-01-26 02:21:47

…och ett i Blekinge! För där har jag varit.Jag har inte varit i nåt amerikanskt Stockholm, men däremot hittat — vill jag minnas — inte mindre än tretton stycken.

2017-01-26 02:45:38

Hihi... - Hulen, det tok litt tid før jeg skjønte hva du mente her Rune.Det første bildet er knallbra! Å som jeg skulle ønske jeg hadde vært der altså.

2017-01-26 03:21:44

I had to smile- my Nonno's car was always "la Carolina"- and look where I live now! This may be just the thing for an upcoming baby shower- thank you!xoxo Pattie

2017-01-26 05:46:45

I’m not usually entertained by informational material, but this article is so interesting I was enthralled. Engaging articles with informative content are more educational than boring technical garb. I really think this is excellent content.VA:F [1.6.5_908]please wait...VA:F [1.6.5_908](from 0 votes)

2017-01-26 06:07:45

Good day. Very cool web site!! Man .. Beautiful .. Wonderful .. I will bookmark your site and take the feeds additionally…I am happy to locate a lot of helpful information right here within the post. Thank you for sharing…

2017-01-26 08:58:25

I thank you humbly for sharing your wisdom JJWY

2017-01-26 09:39:01

I was wondering if you ever considered changing the structure of your site? Its very well written; I love what youve got to say. But maybe you could a little more in the way of content so people could connect with it better. Youve got an awful lot of text for only having 1 or two images. Maybe you could space it out better?

2017-01-26 10:52:20

रचना जी, इस ब्लॉग में पोस्ट की अनियमितता के कारण विश्लेषण से दूर रखा गया था, किन्तु आपके अनुमोदन को ध्यान में रखते हुए इसकी विशेषताओं का उल्लेख किया जाना प्रासंगिक महसूस हुआ, आपका आभाà¤

Add Comment

Cancel reply

Your email address will not be published. Required fields are marked *