PI Industries Share Price: Thursday proved to be a bad day in the stock market for the investors of PI Industries Ltd., a well-known company in the agrochemical sector. A heavy selloff was seen in the company’s shares since morning. In no time this stock fell by 16.28 percent to Rs. reached the level of 1,830.90. This is the stock’s lowest level in 52 weeks. The biggest reason for this sudden decline in the stock is the poor results of the second quarter of the current fiscal year (Q2 FY27). The company announced its quarterly results after the market closed on Wednesday. Investors started exiting this stock as soon as the market opened on Thursday.
Investors have suffered huge losses this year
After a steep fall during Thursday’s trading, the stock recovered slightly, but still ended with a loss of 14.68 percent at Rs. It was seen trading around 1,865.75. Not only today’s decline but the stock has disappointed investors throughout the year. Year to date (YTD), this stock has fallen a whopping 42.04 percent. This means that people who invested in this company at the beginning of the year, their amount has now reduced to almost half.
Sudden surge in share sales on BSE
After the results, the extent of competition to sell shares can be clearly seen from the trading volume figures. 3.17 lakh shares of the company were bought and sold on the Bombay Stock Exchange (BSE) on Thursday. If we look at the average of the last two weeks, only 67,000 shares were traded daily. That means many times more shares were sold today than normal days. Amid this huge rush, a total of Rs. A turnover of 59.86 crores was recorded. After this reduction, the total market cap (m-cap) of the company has come down to Rs. 28,302.26 crores.
A big drop in the company’s earnings and profits
The company’s financial results data shows that the performance has been poor on all fronts. In the September quarter of FY27, the company’s consolidated net profit fell 70 percent year-on-year to just Rs. 122.2 crores. In the same quarter last year, the company posted Rs. Made a huge profit of 409.3 crores. Along with the profit, the total earnings of the company also decreased. Income from operations fell 9 percent in the second quarter to Rs. 1,701.8 crore as compared to Rs. 1,872.3 crores.
The company has weakened on the work front as well
The company’s operating performance also came under significant pressure during the quarter. Earnings before interest, tax, depreciation, or EBITDA fell by a whopping 57 percent year-on-year. The company’s EBITDA which stood at Rs. 543.4 crore which has now come down to Rs. 236.2 crores. Which has a direct impact on the company’s margins. The company’s EBITDA margin has come down to almost half that is 14 percent from last year’s 29 percent. Apart from this, the gross margin of the company has also decreased to 49 percent. The company’s agrochemical exports have also seen a decline of around 18 percent year-on-year. Let us tell you that according to the data of September 2026, the total shareholding of the promoters in PI Industries is 46.09 percent.
