Pi Industries Limited · NSE:PIIND
Pi Industries — Q3 FY24 Earnings Presentation
22 slides from Pi Industries's earnings presentation, May 2025
Slide 1: PI Industries Ltd. Investor Presentation Q3 FY24 Results
PI Industries Ltd. Investor Presentation Q3 FY24 Results 1
Slide 2: Agenda
AGENDA CDR India • Consolidated Financial Performance Siddharth Rangnekar siddharth@cdr-india.com • CSM Exports Nishid Solanki nishid@cdr-india.com • Domestic Agri Brands Tel: +91 22 6645 1221 /1209 Fax: +91 22 6645 1213 • Pharma Updates PI Industries Limited • Business Model and Strategy Rajnish Sa
Slide 3: Growth momentum continues, vindicates differentiated business model and diversified product portfolio
Growth momentum continues…vindicates differentiated business model and diversified product portfolio Revenue EBITDA PAT Figures in Rs. Million *Q3FY24 18,975 18% 5,550 34% 4,486 28% *YTM 9MFY24 59,248 20% 15,810 31% 13,120 38% Commercialised Diversification in Trade working 1st Indian 4 new products
Slide 4: New products commercialisation driving growth in Exports and Q3FY24 revenues
New products commercialisation driving growth in Exports and Q3FY24 revenues CONSOLIDATED Fig in Rs. Million Q3FY23 Q3FY24 % YOY ▪ Overall 18% Y-o-Y revenue growth ▪ 13% growth in Agchem Exports driven by volume growth and newly Revenue 16,132 18,975 18% commercialised products. Gross Margin 47% 54%
Slide 5: Robust performance in 9MFY24 despite challenging times
Robust performance in 9MFY24 despite challenging times Testament to resilient business model and execution capabilities CONSOLIDATED Fig in Rs. Million 9MFY23 9MFY24 % YOY ▪ Overall 20% Y-o-Y revenue growth ▪ 22% growth in Agchem Exports over a high base mainly on account Revenue 49,264 59,248 20% o
Slide 6: Solid Balance Sheet: result of sustained internal accruals and disciplined capital allocation
Solid Balance Sheet: result of sustained internal accruals, efficient NWC management and disciplined capital allocation CONSOLIDATED Fig in Rs. Million Dec-23 Mar-23 Dec-22 Highlights of 9MFY24 Shareholders Fund 84,508 71,985 69,716 ▪ Net fixed asset increase by Rs. 7,821 million Y-o-Y. Non Current
Slide 7: PI Health Sciences: Initial development spend reflecting in the financials
PI Health Sciences: Initial development spend reflecting in the financials… Integration of CRO-CDMO-API platforms underway Q3FY24 Ind AS Q3FY24 9MFY24 Ind AS 9MFY24 Fig in Rs. Million Proforma Adjustment Reported Proforma Adjustment Reported ▪ State-of-the-art research ▪ CMO for RSM and KSM and Reve
Slide 8: State-of-art Manufacturing Assets with continued thrust to adapt sustainable practices
State-of-art Manufacturing Assets with continued thrust to adapt sustainable practices Key Material Issues SDG Alignment Key Highlights 6MFY24 Economic – Contribution to ICT 15 fully automated Multipurpose Plants innovation (MPPs) with Distributed Control system (DCS) spread across 5 locations Econo
Slide 9: World-class R&D set-up delivering innovative and disruptive solutions
World-class R&D set-up delivering innovative and disruptive solutions State-of-the-art R&D Labs Specialized department of at Udaipur, Hyderabad, R&D IT experts focusing on Jaipur, Lodi and Alabama advanced data management Inauguration of the latest addition to our R&D facility (Udaipur) – pXRD (Powd
Slide 10: Momentum of new Brand launches in Domestic market to continue
Momentum of new Brand launches in Domestic market to continue.. 5 Innovative Brands launched in 9MFY24 CLARET® KADETT® AMINOGROW Unique combination Seed treatment in ACTIV of systemic and Soybean & Groundnut Amino acid & contact insecticide to prevent diseases Peptides product to with dual action on
Slide 11: Most comprehensive innovative portfolio for all major crops
Most comprehensive innovative portfolio for all major crops HORTICULTURE CHILLI CORN SOYBEAN RICE COTTON WHEAT 11
Slide 12: Enhancing farm productivity through farmer education and innovative solutions
Enhancing farm productivity through farmer education and innovative solutions remains at the core of our offerings… 19 million acres 2 million farmer visits TREATED ACREAGE DEMAND GENERATION ACTIVITIES • Awkira Ka Hero campaign • Satkaar Campaign felicitating • Solutions for Cotton, farmers Rice, Wh
Slide 13: Outlook remains positive, on path to deliver guided growth for FY24
Outlook remains positive…on path to deliver guided growth for FY24 Domestic: • Monsoon deficit in south and low reservoir levels Focus on portfolio • Elevated inventory levels in the industry for row crop Agchem products and price pressure from generics to diversification with high continue quality
Slide 14: PI the company
An organisation that is committed to excellence in whatever it does … known for over 2 decades to be the top wealth creator . . . PI the company “Outshines competitors in delivering business needs of the customers by unlocking value & fearlessly reinventing ourselves ” A Trusted brand & Successful S
Slide 15: Multipronged strategy to sustain growth momentum backed by multiple growth engines
Multipronged strategy to sustain the growth momentum backed by multiple growth engines & aggressive M&A Market • Expansion Build Explore and exploit • Creation Customer Intimacy untapped chemistry • Segments Product & areas Customer-centric services • Operation excellence Deepening our technological
Slide 16: PI featured in the S&P Global Sustainability Yearbook 2024
PI featured in the S&P Global Sustainability Yearbook 2024 Ranked among the best ESG rated companies globally… Environmental Social and Governance SDG Alignment Key Material Issues Key Highlights 6MFY24 • 90% of raw material/ packing material suppliers assessed for sustainable sourcing including the
Slide 17: People first: HR Snapshots
People first: HR Snapshots • Continuing "PI Values Assessment” program to reinforce commitment to organizational values Culture • PoSH Training conducted in local languages to promote an inclusive and ethical workplace culture • Continuing "PARIVARTAN“ training program Capability • Higher Education
Slide 18: 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, especially around our plant and farmers across the country Health & Hygiene Women Empowerment Health & wellness support for rural communities • Program run
Slide 19: Rewards and Recognition
Rewards and Recognition PI Industries Ltd. PI Industries Ltd. recognized as selected as one of the Dun & Bradstreet India's Top 25 Safest Workplaces Top Value Creator 2023 in India by KelpHR Posh - Agro Chemicals Awards 2023 Karkhana Suraksha PI Industries Ltd., Udaipur India’s Best Trailblazer CEO
Slide 20: Lead with science, technology and human ingenuity to create transformative solutions in life sciences
“Lead with science, technology and human ingenuity to create transformative solutions in life sciences” Partner Science & Digital Edge People First ESG Centric Technology Anchored Driven Integrated digital Best opportunities First to identify solutions to gain for employees to ESG the way of & deliv
Slide 21: Business model built on the principles of respect for IP and established relationships
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 Domestic Brand Market with majority revenue from Exports Market leading market share in Patented Products certain crops Leveraging ou
Slide 22: Thank You
Inspired by Science “% ~=Thank You