Pi Industries Limited · NSE:PIIND
Pi Industries — Q4 FY25 Earnings Presentation
27 slides from Pi Industries's earnings presentation, May 1, 2025
Slide 1: PI Industries Ltd. Investor Presentation Q4 FY25 Result
PI Industries Ltd. Investor Presentation Q4 FY25 Result CDR India PI Industries Limited Siddharth Rangnekar Rajnish Sarna siddharth@cdr-india.com r.sarna@piind.com Nishid Solanki Sanjay Agarwal nishid@cdr-india.com sanjay.agarwal@piind.com Tel: +91 22 6645 1221 /1209 Tel: +91 22 6266 5600 Fax: +91 2
Slide 2: Agenda
AGENDA • Consolidated Financial Performance • Key Updates • Business Model and Strategy • ESG Credentials • Rewards & Recognition 2
Slide 3: Resilient performance amid global industry headwinds
Resilient performance amid global industry headwinds… New growth drivers taking shape Revenue EBITDA PBT PAT Figures in Rs. Million *Q4FY25 17,871 3% 4,569 3% 4,322 5% 3,305 11% *FY25 79,778 4% 21,833 8% 21,420 13% 16,602 1% Commercialised DIO Cash flow from 6 new products in New products in Domesti
Slide 4: Surge in domestic brands led the growth in Q4
Surge in domestic brands led the growth in Q4… ..offsetting modest exports Fig in Rs. Million Q4FY24 Q4FY25 % YOY • Revenue Y-o-Y growth ~3% (3-year Q4 CAGR 9%). • ~5% decline in Agchem Exports (Volume +~7%) and New products1 growth Revenue 17,410 17,871 3% ~23% Y-o-Y. Gross Margin 54% 55% 121 bps o
Slide 5: New launches and biologicals featuring as key growth drivers of FY25
New launches and biologicals featuring as key growth drivers of FY25 Fig in Rs. Million FY24 FY25 % YOY • Overall 4% Y-o-Y revenue growth (3-year FY25 CAGR 15%). • ~5% growth in Agchem Exports over a high base and New products growth Revenue 76,658 79,778 4% ~31% Y-o-Y. Gross Margin 50% 53% 279 bps
Slide 6: Strong balance sheet & stable cashflows supporting growth investment
Strong balance sheet & stable cashflows supporting growth investment… ..steady surplus ensures future flexibility Fig in Rs. Million Mar-24 Mar-25 Shareholders Fund 87,310 1,01,570 Highlights of FY25 Non Current Liabilities 3,224 3,920 Long term borrowings 617 780 • Increase in Net worth by Rs. 14,2
Slide 7: Decades of outperformance, profitable growth and value creation across cycles
Decades of outperformance, profitable growth and value creation across cycles continues… Figures in Rs Million except EPS Revenue EBITDA PAT 79,778 16,815 16,602 76,658 21,833 20,252 CAGR: 18.8% 64,920 CAGR: 24.9% CAGR: 29.5% 12,295 52,995 15,489 45,770 11,460 8,438 33,665 10,166 7,383 7,186 4,566 E
Slide 8: PI is transforming from Agchem Leader to Life Sciences Powerhouse
Past Pioneered bringing Innovative PI is transforming from Agchem Products to Indian Farmers & achieved Scale Future Agchem Leader to Built world-class research & process development capability Global Technology platform Leader in Biologicals; Life Sciences Best Financial Metrics in the Global Ag In
Slide 9: World-class R&D set-up delivering innovative and disruptive solutions
1 World-class R&D set-up delivering innovative and disruptive solutions st 1 Indian company to receive approval from State-of-the-art NABL ISO17025 and GLP certified International Organization for Standardization R&D Labs New ICP-OES (ISO) for groundbreaking insecticide named at 4 locations Addition
Slide 10: Robust product portfolio and pipeline providing long term growth visibility for CSM Exports
2 Robust product portfolio and pipeline providing long term growth visibility for Agchem continues to Grow; Diversifying CSM Exports Portfolio with new ..non-AgChem projects gaining traction segments like 15+ molecules have been commercialized over Electronic & Specialty the last 3-years Chemicals..
Slide 11: Agchem CSM, a global leader, backed by strong technological strengths
Agchem CSM, a global leader, backed by strong technological strengths ✓ ISO-certifications Technology pioneer with technological and IP based interventions in global contract ✓ Golden Batch Tool manufacturing ✓ 2 dedicated scale-up facilities at Udaipur and Panoli 15 Fully automated Multipurpose ✓ C
Slide 12: Domestic Agri Brands to continue growth momentum
3 …Constantly Investing to bring Innovative & Domestic Agri Brands to Technological Solutions through Research Partnerships, Global Innovators and Inhouse Development…. continue growth momentum through launching new products and focusing on Crop Solution approach FOCUS ON INNOVATION Over 6 Decades c
Slide 13: Crop Solutions
Momentum for launching new innovative products continued... HORTICULTURE FY23 FY23 SOYBEAN Provide® Dinoace Sectin® Brofreya® Ultimare® Taurus® Tomatough® Herbicide Dual action Combination Revolutionary Novel Model Nematicide for Biological product for Cotton insecticide for cotton Fungicide Insecti
Slide 14: Deep engagement with farmers and channels with innovative approaches
Deep engagement with farmers and channels with innovative approaches Farmer Channel Precision Connect Connect Farming Services • 7 product launches • 80,000+ retailer connect • 10,000+ farmers served across • 20+ innovative product across multiple marketing 600+ villages with spraying campaigns camp
Slide 15: Biologicals - PI's future growth engine
4 Biologicals - PI’s future growth engine… ..our passion for over 2 decades Leadership Team to build products & markets Aspiration Milestone PI’s global biologicals revenue to grow 5x over Rafael Del Rio Jagresh Rana Piyush Nagar Anne Suty-Heinze Zhongmin Wei Chairperson Global CEO Head, BD & Strate
Slide 16: Pharma - Long term growth engine under strategic buildout
5 Integrated CRDMO services Pharma - Long term growth Medicinal Chemistry 01 engine under strategic buildout Process development & Safety 02 KSM & Intermediates 03 PIHS TODAY Analytical Services 04 • Solution platform from Discovery through GMP 05 Pharma CRDMO: Commercialization Flow Cemistry 06 Tar
Slide 17: Financials reflect transition to CRDMO delivery model
Financials reflect transition to CRDMO delivery model... ..margin drag is one-off and developmental… Fig in Rs. Million Q4FY24 Q4FY25 FY24 FY25 FY25 update Revenue 715 850 3,149 2,151 ▪ Revenue degrowth is mainly on account of inventory pile-up and deferred Gross Margin 62% 41% 65% 52% offtake of ke
Slide 18: Navigating transitory headwinds with focused growth plays
Navigating transitory headwinds with focused growth plays… ..targeting single-digit revenue growth for FY26 with sustained margins… • Stable commodity prices coupled with favourable monsoon forecast to drive Agri-sector Domestic: • New launches and focus on biologicals to drive growth • Overall pric
Slide 19: PI the Company
PI the Company “ An organization that is committed to excellence in whatever it does . . . known for over 2 decades to Outshines competitors in delivering business needs of the customers by unlocking value & fearlessly reinventing ourselves “ be the Top wealth creator . . . A Trusted Brand & Success
Slide 20: Our Global Presence
Our Global Presence Dusseldorf India Amsterdam Seattle Milan Tokyo Raleigh Beijing Dubai India Sao Paulo Offices in India, US, Italy, Japan, Netherlands, China, Brazil , UAE & Germany Registered Office Our Export Markets Corporate Office Global Offices R&D Manufacturing Units 40+ 9 Overseas 4,000+ 8 Mfg
Slide 21: Reimagining a healthier planet
Reimagining a healthier planet / [a “Lead with science, technology and human ingenuity to create transformative solutions in life sciences” NS 7 a 7 9 COURAGEOUS CURIOUS CREATIVE CARING Think Bold, act with Integrity Question conventional wisdom, Differentiate, Collaborate, Experiment Be Transparent
Slide 22: Agchem Business model built on respect for IP and established relationships
Agchem Business model built on the principles of respect for IP and established relationships Leading AgChem Distribution India’s largest CRAMS Company Company in India with with majority revenue from Domestic Brand Market leading market share in Patented Products Exports Market certain crops Levera
Slide 23: Multipronged strategy to sustain the growth momentum
Multipronged strategy to sustain the growth momentum backed by multiple growth engines & aggressive M&A Market Expansion Creation Build Customer Intimacy Deepening our technological capabilities Segments Product & Services to open new horizons Operation excellence Brands De-risk Process Digital Orga
Slide 24: PI in the S&P Global Sustainability Yearbook 2025
PI in the S&P Global Sustainability Yearbook 2025… ..ranked among the Top 3 percentile of ESG Rated companies globally Environmental Social and Governance Carbon emissions intensity in terms of revenue from operations (INR million) SDG Alignment Key Highlights* Key Highlights* 3.29 3.37 2.75 2.36 Re
Slide 25: Our CSR efforts focused on community welfare & environment
Our CSR efforts focused on community welfare & environment… CSR policy directed towards inclusive development that creates value for the society Women Education & Skill Environment Health & Hygiene Empowerment Development Sustainability Health & wellness support • Program running in 80 rural Introdu
Slide 26: Recognition underscores PI's leadership, governance and innovation edge
Recognition underscores PI’s leadership, governance and innovation edge Most Promising Company of the Year Barclays Private Client Hurun Most Preferred Workplace by CNBC TV18 India Business India Award 2024 for Leadership 2024-25 by Marksmen Daily Leader Awards (IBLA) Excellence and Vision India’s B
Slide 27: Thank You
Thank You 27