PI Industries has reported its audited financial results for the year ended March 31, 2026. The company achieved a consolidated annual revenue of ₹67,137 million and a consolidated profit after tax of ₹13,208 million. Following these robust results, the Board recommended a final dividend of ₹10 per share, totaling ₹15 per share for the full financial year. Additionally, the company announced strategic leadership changes, including a new executive appointment and several board re-designations.
Financial Performance for FY26
The company delivered a resilient financial performance for the fiscal year ended March 31, 2026. On a consolidated basis, revenue from operations stood at ₹67,137 million, with the agro-chemicals segment continuing to be a major revenue driver, contributing ₹64,168 million. The consolidated profit after tax for the year was recorded at ₹13,208 million, reflecting the company’s operational efficiency despite market volatility.
Dividend Recommendation
Recognizing the strong financial health and commitment to shareholder value, the Board has recommended a final dividend of ₹10 per share on equity shares of face value ₹1 each. When combined with the interim dividend of ₹5 per share already paid, the total dividend for the financial year 2025-26 amounts to ₹15 per share, subject to approval by members at the upcoming Annual General Meeting.
Strategic Leadership Appointments
The Board meeting marked several key organizational shifts to drive the company’s long-term vision:
- Dr. Atul Kumar Gupta has been appointed as an Additional Director and Whole-time Director for a three-year term effective May 19, 2026.
- Mr. Rajnish Sarna has stepped down as Joint Managing Director but will continue his service as a Non-Executive, Non-Independent Director to support strategic continuity.
- Ms. Lisa J Brown has been designated as the Lead Independent Director.
- Dr. Marco Busch, previously Global Chief Scientific Officer for PI AgSciences, has been elevated to the role of Senior Management Personnel.
Board and Audit Updates
The company confirmed the re-appointment of M/s K.G. Goyal & Co. as Cost Auditors for the upcoming financial year. Furthermore, in the upcoming Annual General Meeting, Mr. Shobinder Duggal and Ms. Pia Singh are slated for re-appointment as Independent Directors for second five-year terms, while Mr. Rafael Del Rio Donoso has offered himself for re-appointment as a Non-Executive, Non-Independent Director.
Source: BSE
