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PIIND - Fundamental Analysis: Financial Health & Valuation

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Rating: 4

Last Updated Time : 04 May 26, 11:42 am

Fundamental Rating: 4.0

Stock Code PIIND Market Cap 46,347 Cr. Current Price 3,055 ₹ High / Low 4,330 ₹
Stock P/E 28.3 Book Value 728 ₹ Dividend Yield 0.52 % ROCE 25.4 %
ROE 19.7 % Face Value 1.00 ₹ DMA 50 3,027 ₹ DMA 200 3,318 ₹
Chg in FII Hold -0.10 % Chg in DII Hold 0.26 % PAT Qtr 298 Cr. PAT Prev Qtr 491 Cr.
RSI 54.3 MACD 37.4 Volume 2,10,195 Avg Vol 1Wk 2,99,646
Low price 2,700 ₹ High price 4,330 ₹ PEG Ratio 0.89 Debt to equity 0.00
52w Index 21.8 % Qtr Profit Var -29.6 % EPS 107 ₹ Industry PE 25.0

📊 PIIND demonstrates strong fundamentals with ROE at 19.7% and ROCE at 25.4%, reflecting efficient capital utilization. EPS of 107 ₹ supports earnings visibility, and the PEG ratio of 0.89 suggests fair valuation relative to growth. The company is debt-free (debt-to-equity 0.00), enhancing financial stability. P/E ratio of 28.3 is slightly above the industry average of 25.0, indicating mild premium valuation. Dividend yield of 0.52% provides modest income. However, quarterly PAT declined sharply (-29.6%), highlighting earnings volatility.

💰 Ideal Entry Price Zone: 2,900 ₹ – 3,100 ₹, near DMA 50 (3,027 ₹), offering margin of safety.

📈 Long-Term Holding Guidance: PIIND is suitable for long-term holding (5+ years) given strong fundamentals, debt-free status, and fair valuation metrics. Investors may consider partial profit booking near 4,200–4,300 ₹ if valuations stretch without earnings support.


✅ Positive

  • Strong ROE (19.7%) and ROCE (25.4%).
  • Debt-free balance sheet (debt-to-equity 0.00).
  • PEG ratio of 0.89 indicates fair valuation relative to growth.
  • EPS of 107 ₹ supports earnings visibility.

⚠️ Limitation

  • P/E ratio (28.3) slightly above industry average (25.0).
  • Dividend yield modest at 0.52%.
  • Quarterly PAT declined from 491 Cr. to 298 Cr. (-29.6%).
  • Book value (728 ₹) significantly lower than CMP (3,055 ₹), suggesting stretched valuations.

📉 Company Negative News

  • Quarterly profit decline highlights earnings volatility.
  • FII holding decreased (-0.10%), showing reduced foreign investor confidence.

📈 Company Positive News

  • DII holding increased (+0.26%), reflecting domestic institutional support.
  • Strong EPS and debt-free status enhance long-term visibility.
  • MACD positive (37.4), supporting bullish technical momentum.

🏭 Industry

  • Industry P/E at 25.0, slightly lower than PIIND’s 28.3, suggesting mild premium valuation.
  • Chemicals and agro sector benefits from global demand but faces cyclical risks.

🔎 Conclusion

PIIND is a fundamentally strong, debt-free company with solid ROE, ROCE, and fair valuation metrics. Entry near 2,900–3,100 ₹ offers margin of safety, while long-term holding can deliver steady compounding returns. Exit only if valuations run ahead of fundamentals without earnings support.

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