Piccadily Agro Industries Ltd.
•₹ 709.80.06%
2026-08-21
PROS
- Company has delivered good profit growth of 49.9% CAGR over last 5 years
- Company has a healthy return on capital (ROCE) of 23.9%
- Company has a good return on equity (ROE) track record: 3 Years ROE 23.2%
- Company has consistently been profitable over the last 5 years
- Operating margins have improved to 20.6% from 12.2%
- Company has delivered good sales growth of 15.4% CAGR over last 5 years
CONS
- Operating cash flow has been negative in recent years
- Promoter holding has decreased over last 2 years: -2.4pp
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.26x)
- Working capital days have increased from 42 to 104 days
- Total debt has risen sharply - up 79.4% year on year
- Stock is trading at 7.9x its book value
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | UNITDSPR | 1520.00 | 58.68 | 110557.33 | 1.12 | 463.00 | 11.03 | 6122.00 | -2.75 | 27.86 | 7.01 |
| 2. | RADICO | 4677.00 | 89.07 | 62663.57 | 0.19 | 229.60 | 75.91 | 5867.69 | 10.43 | 22.64 | 6.07 |
| 3. | UBL | 1352.80 | 90.41 | 35768.73 | 0.74 | 166.28 | -9.65 | 5919.44 | 10.01 | 11.92 | 4.77 |
| 4. | ABDL | 598.35 | 75.74 | 16736.46 | 0.90 | 45.42 | -18.65 | 1809.15 | 1.85 | 18.53 | 6.38 |
| 5. | TI | 573.70 | 0.00 | 14197.58 | 0.17 | 31.59 | -64.31 | 2252.43 | 160.74 | 28.50 | 7.50 |
| 6. | INDIAGLYCO | 1105.85 | 23.43 | 7412.15 | 0.68 | 96.83 | 32.19 | 2988.44 | 19.39 | 12.73 | 6.36 |
| 7. | PICCADIL | 704.85 | 49.44 | 6947.86 | 0.00 | 21.43 | 16.30 | 270.50 | 18.78 | 22.68 | 16.20 |
| 8. | TRUALT | 471.35 | 27.23 | 4041.95 | 0.00 | 59.27 | 1154.41 | 626.88 | 106.29 | 10.57 | 21.18 |
| 9. | GLOBUSSPR | 904.80 | 28.31 | 2846.62 | 0.72 | 26.48 | 49.69 | 1151.88 | 21.05 | 5.71 | 6.66 |
| 10. | GMBREW | 876.40 | 12.77 | 2002.30 | 1.03 | 37.74 | — | 802.90 | 21.08 | 20.40 | 5.79 |
| 11. | SDBL | 73.13 | 0.00 | 1520.38 | 0.00 | 1.56 | -96.29 | 609.19 | -31.13 | 18.52 | 2.46 |
| 12. | ASALCBR | 717.40 | 17.43 | 1440.48 | 0.28 | 178.31 | 653.99 | 2863.03 | 959.58 | 18.06 | 10.43 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 228 | 122 | 191 | 282 | 208 | 199 | 204 | 268 | 228 | 231 | 313 | 359 | 271 | |
| 204 | 98 | 158 | 218 | 181 | 158 | 158 | 206 | 191 | 186 | 236 | 288 | 245 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 1 | 1 | 1 | 3 | 2 | 1 | 2 | 1 | 4 | 3 |
| Interest | 4 | 5 | 3 | 4 | 4 | 5 | 9 | 9 | 9 | 7 | 6 | 7 | 9 |
| Depreciation | 6 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 10 |
| 15 | 15 | 57 | 59 | 20 | 33 | 36 | 54 | 25 | 35 | 68 | 63 | 28 | |
| Tax % | 26.07% | 26.31% | 21.01% | 27.22% | 29.36% | 24.85% | 32.27% | 25.95% | 25.73% | 25.75% | 29.47% | 27.94% | 24.18% |
| Net Profit | 0 | 0 | 0 | 0 | 13 | 25 | 25 | 40 | 18 | 27 | 48 | 45 | 21 |
| 1 | 1 | 5 | 5 | 1 | 3 | 3 | 4 | 2 | 3 | 5 | 5 | 0 | |
| Equity Capital | 95 | 95 | -95 | 94 | 94 | 94 | 94 | 94 | 95 | 98 | 98 | 99 | 99 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 95 | 95 | -95 | 94 | 94 | 94 | 94 | 94 | 95 | 98 | 98 | 99 | 99 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 228
- 204
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 6
- 15
- Tax %
- 26.07%
- Net Profit
- 0
- 1
- Equity Capital
- 95
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 95
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 122
- 98
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 5
- Depreciation
- 4
- 15
- Tax %
- 26.31%
- Net Profit
- 0
- 1
- Equity Capital
- 95
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 95
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 191
- 158
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 4
- 57
- Tax %
- 21.01%
- Net Profit
- 0
- 5
- Equity Capital
- -95
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- -95
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 282
- 218
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 4
- 59
- Tax %
- 27.22%
- Net Profit
- 0
- 5
- Equity Capital
- 94
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 94
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 208
- 181
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 5
- 20
- Tax %
- 29.36%
- Net Profit
- 13
- 1
- Equity Capital
- 94
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 94
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 199
- 158
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 5
- Depreciation
- 5
- 33
- Tax %
- 24.85%
- Net Profit
- 25
- 3
- Equity Capital
- 94
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 94
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 204
- 158
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 9
- Depreciation
- 5
- 36
- Tax %
- 32.27%
- Net Profit
- 25
- 3
- Equity Capital
- 94
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 94
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 268
- 206
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 9
- Depreciation
- 5
- 54
- Tax %
- 25.95%
- Net Profit
- 40
- 4
- Equity Capital
- 94
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 94
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 228
- 191
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 9
- Depreciation
- 5
- 25
- Tax %
- 25.73%
- Net Profit
- 18
- 2
- Equity Capital
- 95
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 95
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 231
- 186
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 7
- Depreciation
- 6
- 35
- Tax %
- 25.75%
- Net Profit
- 27
- 3
- Equity Capital
- 98
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 98
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 313
- 236
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 6
- Depreciation
- 6
- 68
- Tax %
- 29.47%
- Net Profit
- 48
- 5
- Equity Capital
- 98
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 98
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 359
- 288
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 7
- Depreciation
- 6
- 63
- Tax %
- 27.94%
- Net Profit
- 45
- 5
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 271
- 245
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 9
- Depreciation
- 10
- 28
- Tax %
- 24.18%
- Net Profit
- 21
- 0
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 271 | 329 | 334 | 371 | 399 | 489 | 574 | 609 | 779 | 818 | 1,173 | |
| 248 | 282 | 308 | 344 | 359 | 438 | 504 | 547 | 629 | 635 | 956 | |
| Operating Profit | 30 | 49 | 31 | 36 | 41 | 54 | 70 | 62 | 151 | 190 | — |
| OPM % | 11 | 15 | 9 | 10 | 10 | 11 | 12 | 10 | 19 | 23 | — |
| Other Income | 7 | 1 | 5 | 9 | 0 | 3 | 1 | 1 | 1 | 7 | 10 |
| Interest | 15 | 17 | 16 | 17 | 15 | 16 | 14 | 13 | 16 | 28 | 28 |
| Depreciation | 11 | 13 | 13 | 13 | 13 | 13 | 15 | 16 | 18 | 19 | 28 |
| 5 | 18 | 2 | 7 | 11 | 25 | 41 | 33 | 146 | 142 | 194 | |
| Tax % | 69 | 57 | -148 | 20 | -21 | 29 | 29 | 30 | 25 | 28 | 28 |
| Net Profit | 2 | 8 | 5 | 5 | 14 | 18 | 29 | 23 | 110 | 103 | 140 |
| EPS | 0 | 1 | 0 | 0 | 2 | 2 | 3 | 2 | 12 | 11 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 10 | 26 | 3 | 8 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | -3 | 6 | 0 | 0 | -1 | -1 | -0 | 0 |
| Adjusted EPS | 0 | 1 | 0 | 0 | 2 | 2 | 3 | 2 | 12 | 11 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | -3 | 6 | 0 | 0 | -1 | -1 | -0 | 0 |
| Adjusted EPS | 0 | 1 | 0 | 0 | 2 | 2 | 3 | 2 | 12 | 11 | — |
Mar 2016
- 271
- 248
- Operating Profit
- 30
- OPM %
- 11
- Other Income
- 7
- Interest
- 15
- Depreciation
- 11
- 5
- Tax %
- 69
- Net Profit
- 2
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2017
- 329
- 282
- Operating Profit
- 49
- OPM %
- 15
- Other Income
- 1
- Interest
- 17
- Depreciation
- 13
- 18
- Tax %
- 57
- Net Profit
- 8
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2018
- 334
- 308
- Operating Profit
- 31
- OPM %
- 9
- Other Income
- 5
- Interest
- 16
- Depreciation
- 13
- 2
- Tax %
- -148
- Net Profit
- 5
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2019
- 371
- 344
- Operating Profit
- 36
- OPM %
- 10
- Other Income
- 9
- Interest
- 17
- Depreciation
- 13
- 7
- Tax %
- 20
- Net Profit
- 5
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- -3
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- -3
- Adjusted EPS
- 0
Mar 2020
- 399
- 359
- Operating Profit
- 41
- OPM %
- 10
- Other Income
- 0
- Interest
- 15
- Depreciation
- 13
- 11
- Tax %
- -21
- Net Profit
- 14
- EPS
- 2
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 6
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 6
- Adjusted EPS
- 2
Mar 2021
- 489
- 438
- Operating Profit
- 54
- OPM %
- 11
- Other Income
- 3
- Interest
- 16
- Depreciation
- 13
- 25
- Tax %
- 29
- Net Profit
- 18
- EPS
- 2
- Dividend Payout %
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2022
- 574
- 504
- Operating Profit
- 70
- OPM %
- 12
- Other Income
- 1
- Interest
- 14
- Depreciation
- 15
- 41
- Tax %
- 29
- Net Profit
- 29
- EPS
- 3
- Dividend Payout %
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2023
- 609
- 547
- Operating Profit
- 62
- OPM %
- 10
- Other Income
- 1
- Interest
- 13
- Depreciation
- 16
- 33
- Tax %
- 30
- Net Profit
- 23
- EPS
- 2
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- -1
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- -1
- Adjusted EPS
- 2
Mar 2024
- 779
- 629
- Operating Profit
- 151
- OPM %
- 19
- Other Income
- 1
- Interest
- 16
- Depreciation
- 18
- 146
- Tax %
- 25
- Net Profit
- 110
- EPS
- 12
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- -1
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- -1
- Adjusted EPS
- 12
Mar 2025
- 818
- 635
- Operating Profit
- 190
- OPM %
- 23
- Other Income
- 7
- Interest
- 28
- Depreciation
- 19
- 142
- Tax %
- 28
- Net Profit
- 103
- EPS
- 11
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- 11
TTM
- 1,173
- 956
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 28
- Depreciation
- 28
- 194
- Tax %
- 28
- Net Profit
- 140
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 9%
- 5 Years:
- 15%
- 3 Years:
- 13%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 28%
- 5 Years:
- 40%
- 3 Years:
- 52%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 18%
RETURN ON EQUITY
- 10 Years:
- 12%
- 5 Years:
- 19%
- 3 Years:
- 23%
- Last Year:
- 20%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 47 | 94 | 94 | 94 | 94 | 94 | 94 | 94 | 94 | 94 |
| 86 | 57 | 64 | 55 | 75 | 91 | 112 | 137 | 245 | 584 | |
| 56 | 71 | 95 | 97 | 90 | 77 | 94 | 94 | 93 | 147 | |
| Trade Payables | 61 | 75 | 108 | 149 | 127 | 144 | 116 | 133 | 111 | 53 |
| 141 | 124 | 97 | 74 | 75 | 105 | 117 | 137 | 202 | 282 | |
| Total Liabilities | 391 | 421 | 458 | 470 | 461 | 511 | 533 | 595 | 746 | 1,161 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 162 | 156 | 152 | 149 | 141 | 135 | 144 | 195 | 218 | 282 | |
| Capital Work in Progress | 30 | 47 | 50 | 46 | 46 | 46 | 52 | 32 | 42 | 201 |
| 53 | 63 | 64 | 65 | 69 | 62 | 59 | 61 | 61 | 60 | |
| 101 | 115 | 132 | 126 | 148 | 178 | 174 | 191 | 196 | 303 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 137 | 137 | |
| Cash & Bank | 2 | 2 | 3 | 18 | 5 | 20 | 9 | 6 | 19 | 48 |
| 43 | 39 | 56 | 66 | 53 | 70 | 96 | 110 | 74 | 130 | |
| Total Assets | 391 | 421 | 458 | 470 | 461 | 511 | 533 | 595 | 746 | 1,161 |
| Total Debt | 156 | 128 | 144 | 131 | 126 | 125 | 135 | 154 | 172 | 308 |
| Net Working Capital | -11 | -62 | -72 | -85 | -57 | -17 | 1 | 9 | 95 | 253 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 28.22 | 16.09 | 16.76 | 15.88 | 17.91 | 19.61 | 21.87 | 24.51 | 36.01 | 71.93 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 156 | 128 | 144 | 131 | 126 | 125 | 135 | 154 | 172 | 308 |
| Net Working Capital | -11 | -62 | -72 | -85 | -57 | -17 | 1 | 9 | 95 | 253 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 28.22 | 16.09 | 16.76 | 15.88 | 17.91 | 19.61 | 21.87 | 24.51 | 36.01 | 71.93 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 47
- 86
- 56
- Trade Payables
- 61
- 141
- Total Liabilities
- 391
- 162
- Capital Work in Progress
- 30
- 53
- 101
- 0
- Cash & Bank
- 2
- 43
- Total Assets
- 391
- Total Debt
- 156
- Net Working Capital
- -11
- Contingent Liabilities
- 0
- Book Value per Share
- 28.22
- Face Value
- 10.00
- Total Debt
- 156
- Net Working Capital
- -11
- Contingent Liabilities
- 0
- Book Value per Share
- 28.22
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 94
- 57
- 71
- Trade Payables
- 75
- 124
- Total Liabilities
- 421
- 156
- Capital Work in Progress
- 47
- 63
- 115
- 0
- Cash & Bank
- 2
- 39
- Total Assets
- 421
- Total Debt
- 128
- Net Working Capital
- -62
- Contingent Liabilities
- 0
- Book Value per Share
- 16.09
- Face Value
- 10.00
- Total Debt
- 128
- Net Working Capital
- -62
- Contingent Liabilities
- 0
- Book Value per Share
- 16.09
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 94
- 64
- 95
- Trade Payables
- 108
- 97
- Total Liabilities
- 458
- 152
- Capital Work in Progress
- 50
- 64
- 132
- 0
- Cash & Bank
- 3
- 56
- Total Assets
- 458
- Total Debt
- 144
- Net Working Capital
- -72
- Contingent Liabilities
- 0
- Book Value per Share
- 16.76
- Face Value
- 10.00
- Total Debt
- 144
- Net Working Capital
- -72
- Contingent Liabilities
- 0
- Book Value per Share
- 16.76
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 94
- 55
- 97
- Trade Payables
- 149
- 74
- Total Liabilities
- 470
- 149
- Capital Work in Progress
- 46
- 65
- 126
- 0
- Cash & Bank
- 18
- 66
- Total Assets
- 470
- Total Debt
- 131
- Net Working Capital
- -85
- Contingent Liabilities
- 0
- Book Value per Share
- 15.88
- Face Value
- 10.00
- Total Debt
- 131
- Net Working Capital
- -85
- Contingent Liabilities
- 0
- Book Value per Share
- 15.88
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 94
- 75
- 90
- Trade Payables
- 127
- 75
- Total Liabilities
- 461
- 141
- Capital Work in Progress
- 46
- 69
- 148
- 0
- Cash & Bank
- 5
- 53
- Total Assets
- 461
- Total Debt
- 126
- Net Working Capital
- -57
- Contingent Liabilities
- 0
- Book Value per Share
- 17.91
- Face Value
- 10.00
- Total Debt
- 126
- Net Working Capital
- -57
- Contingent Liabilities
- 0
- Book Value per Share
- 17.91
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 94
- 91
- 77
- Trade Payables
- 144
- 105
- Total Liabilities
- 511
- 135
- Capital Work in Progress
- 46
- 62
- 178
- 0
- Cash & Bank
- 20
- 70
- Total Assets
- 511
- Total Debt
- 125
- Net Working Capital
- -17
- Contingent Liabilities
- 0
- Book Value per Share
- 19.61
- Face Value
- 10.00
- Total Debt
- 125
- Net Working Capital
- -17
- Contingent Liabilities
- 0
- Book Value per Share
- 19.61
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 94
- 112
- 94
- Trade Payables
- 116
- 117
- Total Liabilities
- 533
- 144
- Capital Work in Progress
- 52
- 59
- 174
- 0
- Cash & Bank
- 9
- 96
- Total Assets
- 533
- Total Debt
- 135
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 21.87
- Face Value
- 10.00
- Total Debt
- 135
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 21.87
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 94
- 137
- 94
- Trade Payables
- 133
- 137
- Total Liabilities
- 595
- 195
- Capital Work in Progress
- 32
- 61
- 191
- 0
- Cash & Bank
- 6
- 110
- Total Assets
- 595
- Total Debt
- 154
- Net Working Capital
- 9
- Contingent Liabilities
- 0
- Book Value per Share
- 24.51
- Face Value
- 10.00
- Total Debt
- 154
- Net Working Capital
- 9
- Contingent Liabilities
- 0
- Book Value per Share
- 24.51
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 94
- 245
- 93
- Trade Payables
- 111
- 202
- Total Liabilities
- 746
- 218
- Capital Work in Progress
- 42
- 61
- 196
- 137
- Cash & Bank
- 19
- 74
- Total Assets
- 746
- Total Debt
- 172
- Net Working Capital
- 95
- Contingent Liabilities
- 0
- Book Value per Share
- 36.01
- Face Value
- 10.00
- Total Debt
- 172
- Net Working Capital
- 95
- Contingent Liabilities
- 0
- Book Value per Share
- 36.01
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 94
- 584
- 147
- Trade Payables
- 53
- 282
- Total Liabilities
- 1,161
- 282
- Capital Work in Progress
- 201
- 60
- 303
- 137
- Cash & Bank
- 48
- 130
- Total Assets
- 1,161
- Total Debt
- 308
- Net Working Capital
- 253
- Contingent Liabilities
- 0
- Book Value per Share
- 71.93
- Face Value
- 10.00
- Total Debt
- 308
- Net Working Capital
- 253
- Contingent Liabilities
- 0
- Book Value per Share
- 71.93
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -6 | 98 | 41 | 58 | -0 | 22 | 45 | 37 | 51 | -27 | |
| Cash from Investing | -50 | 9 | -10 | 1 | -8 | 0 | -35 | -52 | -30 | -270 |
| Cash from Financing | 54 | -107 | -30 | -44 | -4 | -9 | -22 | 12 | -10 | 292 |
| -2 | 0 | 1 | 15 | -12 | 14 | -12 | -3 | 11 | -5 | |
| Free Cash Flow | -56 | 74 | 29 | 53 | -6 | 14 | 15 | -8 | 1 | -269 |
| OCF / Net Profit | -3.71 | 12.44 | 8.94 | 10.81 | -0.01 | 1.25 | 1.54 | 1.61 | 0.46 | -0.26 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 95 | 165 | 106 | 69 | 16 | -248 |
| OCF / Net Profit | -3.71 | 12.44 | 8.94 | 10.81 | -0.01 | 1.25 | 1.54 | 1.61 | 0.46 | -0.26 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 95 | 165 | 106 | 69 | 16 | -248 |
Mar 2016
- -6
- Cash from Investing
- -50
- Cash from Financing
- 54
- -2
- Free Cash Flow
- -56
- OCF / Net Profit
- -3.71
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -3.71
- Cumulative 5-Year FCF
- 0
Mar 2017
- 98
- Cash from Investing
- 9
- Cash from Financing
- -107
- 0
- Free Cash Flow
- 74
- OCF / Net Profit
- 12.44
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 12.44
- Cumulative 5-Year FCF
- 0
Mar 2018
- 41
- Cash from Investing
- -10
- Cash from Financing
- -30
- 1
- Free Cash Flow
- 29
- OCF / Net Profit
- 8.94
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 8.94
- Cumulative 5-Year FCF
- 0
Mar 2019
- 58
- Cash from Investing
- 1
- Cash from Financing
- -44
- 15
- Free Cash Flow
- 53
- OCF / Net Profit
- 10.81
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 10.81
- Cumulative 5-Year FCF
- 0
Mar 2020
- -0
- Cash from Investing
- -8
- Cash from Financing
- -4
- -12
- Free Cash Flow
- -6
- OCF / Net Profit
- -0.01
- Cumulative 5-Year FCF
- 95
- OCF / Net Profit
- -0.01
- Cumulative 5-Year FCF
- 95
Mar 2021
- 22
- Cash from Investing
- 0
- Cash from Financing
- -9
- 14
- Free Cash Flow
- 14
- OCF / Net Profit
- 1.25
- Cumulative 5-Year FCF
- 165
- OCF / Net Profit
- 1.25
- Cumulative 5-Year FCF
- 165
Mar 2022
- 45
- Cash from Investing
- -35
- Cash from Financing
- -22
- -12
- Free Cash Flow
- 15
- OCF / Net Profit
- 1.54
- Cumulative 5-Year FCF
- 106
- OCF / Net Profit
- 1.54
- Cumulative 5-Year FCF
- 106
Mar 2023
- 37
- Cash from Investing
- -52
- Cash from Financing
- 12
- -3
- Free Cash Flow
- -8
- OCF / Net Profit
- 1.61
- Cumulative 5-Year FCF
- 69
- OCF / Net Profit
- 1.61
- Cumulative 5-Year FCF
- 69
Mar 2024
- 51
- Cash from Investing
- -30
- Cash from Financing
- -10
- 11
- Free Cash Flow
- 1
- OCF / Net Profit
- 0.46
- Cumulative 5-Year FCF
- 16
- OCF / Net Profit
- 0.46
- Cumulative 5-Year FCF
- 16
Mar 2025
- -27
- Cash from Investing
- -270
- Cash from Financing
- 292
- -5
- Free Cash Flow
- -269
- OCF / Net Profit
- -0.26
- Cumulative 5-Year FCF
- -248
- OCF / Net Profit
- -0.26
- Cumulative 5-Year FCF
- -248
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.33 | 0.83 | 0.48 | 0.23 | 2.03 | 1.90 | 3.10 | 2.37 | 11.63 | 10.85 |
| Book Value (₹) | 28.22 | 16.09 | 16.76 | 15.88 | 17.91 | 19.61 | 21.87 | 24.51 | 36.01 | 71.93 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 | 0.50 | 0.10 | 0.20 | 0.00 | 0.00 |
| Cash EPS (₹) | 1.32 | 2.21 | 1.83 | 1.90 | 2.83 | 3.30 | 4.64 | 4.12 | 13.63 | 12.95 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 10.92% | 14.35% | 9.06% | 9.64% | 10.19% | 11.02% | 12.16% | 9.77% | 18.13% | 20.65% |
| Net Margin % | 0.55% | 2.32% | 1.34% | 1.44% | 3.39% | 3.60% | 5.08% | 3.66% | 13.33% | 11.59% |
| ROE % | 1.15% | 5.53% | 2.95% | 3.48% | 8.50% | 9.97% | 14.94% | 10.65% | 38.67% | 20.17% |
| ROCE % | 7.66% | 12.56% | 6.21% | 7.99% | 9.05% | 13.39% | 17.00% | 12.80% | 36.15% | 22.68% |
| 0.42% | 1.94% | 1.04% | 1.15% | 2.91% | 3.63% | 5.60% | 4.13% | 16.47% | 10.77% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 9 | 13 | 19 | 31 | 34 | 31 | 32 | 34 | 45 | 56 |
| Inventory Days | 137 | 116 | 133 | 127 | 125 | 121 | 112 | 105 | 85 | 103 |
| Payable Days | 166 | 138 | 149 | 185 | 187 | 164 | 139 | 131 | 125 | 91 |
| -20 | -9 | 3 | -26 | -28 | -12 | 5 | 8 | 6 | 68 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.17x | 0.84x | 0.91x | 0.87x | 0.74x | 0.68x | 0.65x | 0.67x | 0.51x | 0.45x |
| Interest Coverage (x) | 1.34x | 2.06x | 1.11x | 1.41x | 1.76x | 2.56x | 3.93x | 3.50x | 10.30x | 6.10x |
| 0.93x | 0.69x | 0.71x | 0.71x | 0.78x | 0.94x | 1.00x | 1.03x | 1.30x | 1.80x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -21.14% | 21.36% | 1.49% | 11.08% | 7.56% | 22.52% | 17.20% | 6.17% | 28.01% | 4.96% |
| Operating Profit Growth % | -11.84% | 60.33% | -36.77% | 16.43% | 13.50% | 32.69% | 29.50% | -11.19% | 142.85% | 25.60% |
| Net Profit Growth % | -82.77% | 411.82% | -41.94% | 17.20% | 153.03% | 30.17% | 65.71% | -20.32% | 373.80% | -6.95% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 391.46% | -6.76% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 25.95x | 52.07x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.39x | 7.85x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 19.89x | 29.49x |
Mar 2016
- EPS (₹)
- 0.33
- Book Value (₹)
- 28.22
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.32
- Operating Margin %
- 10.92%
- Net Margin %
- 0.55%
- ROE %
- 1.15%
- ROCE %
- 7.66%
- 0.42%
- Debtor Days
- 9
- Inventory Days
- 137
- Payable Days
- 166
- -20
- Debt to Equity (x)
- 1.17x
- Interest Coverage (x)
- 1.34x
- 0.93x
- Revenue Growth %
- -21.14%
- Operating Profit Growth %
- -11.84%
- Net Profit Growth %
- -82.77%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 0.83
- Book Value (₹)
- 16.09
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.21
- Operating Margin %
- 14.35%
- Net Margin %
- 2.32%
- ROE %
- 5.53%
- ROCE %
- 12.56%
- 1.94%
- Debtor Days
- 13
- Inventory Days
- 116
- Payable Days
- 138
- -9
- Debt to Equity (x)
- 0.84x
- Interest Coverage (x)
- 2.06x
- 0.69x
- Revenue Growth %
- 21.36%
- Operating Profit Growth %
- 60.33%
- Net Profit Growth %
- 411.82%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 0.48
- Book Value (₹)
- 16.76
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.83
- Operating Margin %
- 9.06%
- Net Margin %
- 1.34%
- ROE %
- 2.95%
- ROCE %
- 6.21%
- 1.04%
- Debtor Days
- 19
- Inventory Days
- 133
- Payable Days
- 149
- 3
- Debt to Equity (x)
- 0.91x
- Interest Coverage (x)
- 1.11x
- 0.71x
- Revenue Growth %
- 1.49%
- Operating Profit Growth %
- -36.77%
- Net Profit Growth %
- -41.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 0.23
- Book Value (₹)
- 15.88
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.90
- Operating Margin %
- 9.64%
- Net Margin %
- 1.44%
- ROE %
- 3.48%
- ROCE %
- 7.99%
- 1.15%
- Debtor Days
- 31
- Inventory Days
- 127
- Payable Days
- 185
- -26
- Debt to Equity (x)
- 0.87x
- Interest Coverage (x)
- 1.41x
- 0.71x
- Revenue Growth %
- 11.08%
- Operating Profit Growth %
- 16.43%
- Net Profit Growth %
- 17.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 2.03
- Book Value (₹)
- 17.91
- Dividend per Share (₹)
- 0.20
- Cash EPS (₹)
- 2.83
- Operating Margin %
- 10.19%
- Net Margin %
- 3.39%
- ROE %
- 8.50%
- ROCE %
- 9.05%
- 2.91%
- Debtor Days
- 34
- Inventory Days
- 125
- Payable Days
- 187
- -28
- Debt to Equity (x)
- 0.74x
- Interest Coverage (x)
- 1.76x
- 0.78x
- Revenue Growth %
- 7.56%
- Operating Profit Growth %
- 13.50%
- Net Profit Growth %
- 153.03%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 1.90
- Book Value (₹)
- 19.61
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 3.30
- Operating Margin %
- 11.02%
- Net Margin %
- 3.60%
- ROE %
- 9.97%
- ROCE %
- 13.39%
- 3.63%
- Debtor Days
- 31
- Inventory Days
- 121
- Payable Days
- 164
- -12
- Debt to Equity (x)
- 0.68x
- Interest Coverage (x)
- 2.56x
- 0.94x
- Revenue Growth %
- 22.52%
- Operating Profit Growth %
- 32.69%
- Net Profit Growth %
- 30.17%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 3.10
- Book Value (₹)
- 21.87
- Dividend per Share (₹)
- 0.10
- Cash EPS (₹)
- 4.64
- Operating Margin %
- 12.16%
- Net Margin %
- 5.08%
- ROE %
- 14.94%
- ROCE %
- 17.00%
- 5.60%
- Debtor Days
- 32
- Inventory Days
- 112
- Payable Days
- 139
- 5
- Debt to Equity (x)
- 0.65x
- Interest Coverage (x)
- 3.93x
- 1.00x
- Revenue Growth %
- 17.20%
- Operating Profit Growth %
- 29.50%
- Net Profit Growth %
- 65.71%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 2.37
- Book Value (₹)
- 24.51
- Dividend per Share (₹)
- 0.20
- Cash EPS (₹)
- 4.12
- Operating Margin %
- 9.77%
- Net Margin %
- 3.66%
- ROE %
- 10.65%
- ROCE %
- 12.80%
- 4.13%
- Debtor Days
- 34
- Inventory Days
- 105
- Payable Days
- 131
- 8
- Debt to Equity (x)
- 0.67x
- Interest Coverage (x)
- 3.50x
- 1.03x
- Revenue Growth %
- 6.17%
- Operating Profit Growth %
- -11.19%
- Net Profit Growth %
- -20.32%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 11.63
- Book Value (₹)
- 36.01
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 13.63
- Operating Margin %
- 18.13%
- Net Margin %
- 13.33%
- ROE %
- 38.67%
- ROCE %
- 36.15%
- 16.47%
- Debtor Days
- 45
- Inventory Days
- 85
- Payable Days
- 125
- 6
- Debt to Equity (x)
- 0.51x
- Interest Coverage (x)
- 10.30x
- 1.30x
- Revenue Growth %
- 28.01%
- Operating Profit Growth %
- 142.85%
- Net Profit Growth %
- 373.80%
- 391.46%
- P/E (x)
- 25.95x
- P/B (x)
- 8.39x
- Dividend Yield %
- 0.00%
- 19.89x
Mar 2025
- EPS (₹)
- 10.85
- Book Value (₹)
- 71.93
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 12.95
- Operating Margin %
- 20.65%
- Net Margin %
- 11.59%
- ROE %
- 20.17%
- ROCE %
- 22.68%
- 10.77%
- Debtor Days
- 56
- Inventory Days
- 103
- Payable Days
- 91
- 68
- Debt to Equity (x)
- 0.45x
- Interest Coverage (x)
- 6.10x
- 1.80x
- Revenue Growth %
- 4.96%
- Operating Profit Growth %
- 25.60%
- Net Profit Growth %
- -6.95%
- -6.76%
- P/E (x)
- 52.07x
- P/B (x)
- 7.85x
- Dividend Yield %
- 0.00%
- 29.49x
Documents
Announcements
- Record Date
2026-08-18 - Piccadily Agro Industries Limited has informed the Exchange that Record date for the purpose of Dividend is 18-Sep-2026.
- Dividend
2026-08-18 - Piccadily Agro Industries Limited has informed the Exchange that Board of Directors at its meeting held on August 18, 2026, recommended Final Dividend of Re. 1 per equity share.
Annual Reports
Credit Ratings
- Credit Rating- Revision
2026-05-23 - Piccadily Agro Industries Limited has informed the Exchange about Credit Rating- Revision - Infomerics Valuation & rating Limited has upgraded Long Term Rating to IVR A and Short Term Rating to IVR A1.
Concalls
Aug 2026
May 2026
Apr 2026