Integrated Filing — IndAS

General information about company
Scrip Code	523642
NSE Symbol	PIIND
MSEI Symbol	NOTLISTED
ISIN	INE603J01030
Name of company	PI INDUSTRIES LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	19-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	12-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Agri
Start date and time of board meeting	19-May-2025   13:30:00
End date and time of board meeting	19-May-2025   18:55:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-02-06
Indicate Company website link for updated RPT policy of the Company	https://www.piindustries.com/wp-content/uploads/2025/02/RPT_Policy_Signed-1.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	Yes
No. of times funds raised during the quarter	1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	Yes

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	16482000000	75712000000
	Other income	682000000	3006000000
	Total income	17164000000	78718000000
2	Expenses
(a)	Cost of materials consumed	7385000000	32190000000
(b)	Purchases of stock-in-trade	137000000	1105000000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-48000000	2644000000
(d)	Employee benefit expense	1389000000	5951000000
(e)	Finance costs	16000000	68000000
(f)	Depreciation, depletion and amortisation expense	647000000	2626000000
(f)	Other Expenses
1	Net Impairment losses on financial assets	113000000	141000000
2	Power, fuel & water	609000000	2538000000
3	Repairs & maintenance	335000000	1026000000
4	Environment & pollution control expenses	281000000	1285000000
5	Advertisement & sales promotion	79000000	530000000
6	Travelling and conveyance	160000000	725000000
7	Legal & professional fees	320000000	906000000
8	Laboratory & testing charges	110000000	454000000
9	Freight & cartage	104000000	525000000
10	Other Expenses	469000000	2047000000
	Total other expenses	2580000000	10177000000
	Total expenses	12106000000	54761000000
3	Total profit before exceptional items and tax	5058000000	23957000000
4	Exceptional items	0	0
5	Total profit before tax	5058000000	23957000000
6	Tax expense
7	Current tax	832000000	4011000000
8	Deferred tax	368000000	1281000000
9	Total tax expenses	1200000000	5292000000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	3858000000	18665000000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	3858000000	18665000000
17	Other comprehensive income net of taxes	336000000	-209000000
18	Total Comprehensive Income for the period	4194000000	18456000000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	152000000	152000000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		102875000000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	25.43	123.03
	Diluted earnings (loss) per share from continuing operations	25.42	123.02
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	25.43	123.03
	Diluted earnings (loss) per share from continuing and discontinued operations	25.42	123.02
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	28603000000
	Capital work-in-progress	2822000000
	Investment property
	Goodwill	671000000
	Other intangible assets	221000000
	Intangible assets under development	1620000000
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	20090000000
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets	2186000000
	Total non-current financial assets	22276000000
	Deferred tax assets (net)	0
	Other non-current assets	268000000
	Total non-current assets	56481000000
2	Current assets
	Inventories	8372000000
	Current financial asset
	Current investments	12598000000
	Trade receivables, current	15992000000
	Cash and cash equivalents	4573000000
	Bank balance other than cash and cash equivalents	18321000000
	Loans, current	30000000
	Other current financial assets	201000000
	Total current financial assets	51715000000
	Current tax assets (net)	0
	Other current assets	2626000000
	Total current assets	62713000000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	119194000000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	152000000
	Other equity	102875000000
	Total equity attributable to owners of parent	103027000000
	Non controlling interest
	Total equity	103027000000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	625000000
	Total non-current financial liabilities	625000000
	Provisions, non-current	55000000
	Deferred tax liabilities (net)	649000000
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	1329000000
	Current liabilities
	Current financial liabilities
	Borrowings, current	0
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	485000000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	10528000000
	Total Trade payable	11013000000
	Other current financial liabilities	2488000000
	Total current financial liabilities	13501000000
	Other current liabilities	843000000
	Provisions, current	258000000
	Current tax liabilities (Net)	236000000
	Deferred government grants, Current	0
	Total current liabilities	14838000000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	16167000000
	Total equity and liabilites	119194000000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurements gain/(loss) on defined benefits plans	102000000	32000000
	Total Amount of items that will not be reclassified to profit and loss	102000000	32000000
2	Income tax relating to items that will not be reclassified to profit or loss	36000000	11000000
3	Amount of items that will be reclassified to profit and loss
1	Effective portion of gain/(loss) on cash flow hedges	415000000	-353000000
	Total Amount of items that will be reclassified to profit and loss	415000000	-353000000
4	Income tax relating to items that will be reclassified to profit or loss	145000000	-123000000
5	Total Other comprehensive income	336000000	-209000000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			23957000000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			68000000
	Adjustments for decrease (increase) in inventories			3296000000
	Adjustments for decrease (increase) in trade receivables, current			-7949000000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-183000000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			86000000
	Adjustments for other financial assets, current			2000000
	Adjustments for other bank balances			8000000
	Adjustments for increase (decrease) in trade payables, current			-622000000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			1000000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			2626000000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			174000000
	Adjustments for provisions, current			-87000000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			162000000
	Adjustments for other financial liabilities, non-current			24000000
	Adjustments for unrealised foreign exchange losses gains			-146000000
	Adjustments for dividend income			0
	Adjustments for interest income			2130000000
	Adjustments for share-based payments			34000000
	Adjustments for fair value losses (gains)			-549000000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			32000000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-132000000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-5285000000
	Net cash flows from (used in) operations			18672000000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			3887000000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			14785000000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			6264000000
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			109000000
	Purchase of property, plant and equipment			7179000000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			2102000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-4126000000
	Net cash flows from (used in) investing activities	-15358000000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			0
	Payments of lease liabilities			169000000
	Dividends paid			2276000000
	Interest paid			67000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-2512000000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-3085000000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-3085000000
	Cash and cash equivalents cash flow statement at beginning of period			7658000000
	Cash and cash equivalents cash flow statement at end of period			4573000000

Signatory Details
Name of signatory	Shruti Joshi
Designation of person	Company Secretary and Compliance Officer
Place	Mumbai
Date	19-May-2025