- PI Industries has reported a net income of 4.49 billion rupees in the third quarter.
- This is a year-on-year increase of 28%, which beats the estimated 3.64 billion rupees.
- Revenue for the company has also grown, reaching 19 billion rupees, which is an 18% increase compared to the previous year.
- However, this is slightly lower than the estimated revenue of 19.27 billion rupees.
- Total costs for the company have also increased by 13% year-on-year to reach 14.3 billion rupees.
- PI Industries has announced a dividend per share of 6 rupees.
- The company’s stock currently holds 20 buys, 3 holds, and 4 sells.
A look at Pi Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Pi Industries Limited, a company that manufactures agricultural and fine chemicals, as well as polymers, is looking towards a positive long-term outlook, according to the Smartkarma Smart Scores. These scores, which range from 1 to 5, indicate the overall outlook for the company based on different factors. Pi Industries has received a score of 4 for growth, indicating a strong potential for future expansion and development. The company has also received a score of 5 for resilience, suggesting that it has the ability to withstand any potential challenges or market fluctuations.
Furthermore, Pi Industries has received a score of 2 for both value and dividend, indicating moderate performance in these areas. This means that the company may not be as attractive to investors seeking high returns on their investments. However, with a score of 2 for momentum, Pi Industries is showing signs of steady progress and growth in the market. Overall, with a strong focus on agricultural and fine chemicals, as well as a presence in other industries such as automobile and electrical, Pi Industries is well-positioned for long-term success and growth.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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