PI Industries reported its annual financial performance for the year ending March 31, 2026. The company achieved standalone revenue of ₹61,827 million and a net profit of ₹14,348 million. Additionally, the Board recommended a final dividend of ₹10 per share, bringing the total annual dividend to ₹15 per share. The announcement also highlights several key leadership appointments and organizational updates effective from May 19, 2026.
Financial Performance Overview
For the financial year ended March 31, 2026, PI Industries recorded a standalone revenue from operations of ₹61,827 million, compared to ₹75,712 million in the previous year. The standalone net profit for the year stood at ₹14,348 million. On a consolidated basis, the company reported an annual revenue of ₹67,137 million and a consolidated profit of ₹13,208 million for the same period.
Dividend Recommendation
The Board of Directors has recommended a final dividend of ₹10 per equity share (1000% of face value of Re. 1/-) for the financial year 2025-26. Combined with the interim dividend of ₹5 per share already paid, the total dividend for the year amounts to ₹15 per share, subject to approval by shareholders at the upcoming Annual General Meeting.
Strategic Leadership Changes
The company announced several key organizational updates effective May 19, 2026:
- Mr. Rajnish Sarna has resigned as Joint Managing Director and will continue as a Non-Executive, Non-Independent Director.
- Dr. Atul Kumar Gupta has been appointed as an Additional Director and Whole-time Director for a term of 3 years.
- Ms. Lisa J. Brown has been designated as the Lead Independent Director.
- Dr. Marco Busch has been designated as a Senior Management Personnel.
- Mr. Arvind Singhal will retire at the ensuing Annual General Meeting.
Re-appointments and Governance
The company also confirmed the re-appointment of Mr. Rafael Del Rio Donoso as a Non-Executive, Non-Independent Director, and the re-appointment of Mr. Shobinder Duggal and Ms. Pia Singh as Independent Directors for second 5-year terms. Furthermore, M/s K.G. Goyal & Co. has been re-appointed as the Cost Auditor for the 2026-27 financial year.
Source: BSE
