Piccadily Agro Industries Ltd.
•₹ 709.80.06%
2026-08-21
PROS
- Company has delivered good profit growth of 51.4% CAGR over last 5 years
- Company has a healthy return on capital (ROCE) of 24.2%
- Company has a good return on equity (ROE) track record: 3 Years ROE 23.7%
- Operating margins have improved to 20.9% 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 0.28x)
- Working capital days have increased from 42 to 105 days
- Total debt has risen sharply - up 79.4% year on year
- Stock is trading at 7.8x 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 | 1544.45 | 59.63 | 112335.70 | 1.10 | 463.00 | 11.03 | 6122.00 | -2.75 | 27.86 | 7.01 |
| 2. | RADICO | 4696.00 | 89.43 | 62918.13 | 0.19 | 229.60 | 75.91 | 5867.69 | 10.43 | 22.64 | 6.07 |
| 3. | UBL | 1338.60 | 89.46 | 35393.27 | 0.75 | 166.28 | -9.65 | 5919.44 | 10.01 | 11.92 | 4.77 |
| 4. | ABDL | 596.95 | 75.56 | 16697.30 | 0.90 | 45.42 | -18.65 | 1809.15 | 1.85 | 18.53 | 6.38 |
| 5. | TI | 582.35 | 0.00 | 14411.64 | 0.17 | 31.59 | -64.31 | 2252.43 | 160.74 | 28.50 | 7.50 |
| 6. | INDIAGLYCO | 1101.65 | 23.34 | 7384.00 | 0.68 | 96.83 | 32.19 | 2988.44 | 19.39 | 12.73 | 6.36 |
| 7. | PICCADIL | 709.65 | 49.77 | 6995.17 | 0.00 | 21.43 | 16.30 | 270.50 | 18.78 | 22.68 | 16.20 |
| 8. | TRUALT | 463.60 | 26.78 | 3975.49 | 0.00 | 59.27 | 1154.41 | 626.88 | 106.29 | 10.57 | 21.18 |
| 9. | GLOBUSSPR | 904.90 | 28.32 | 2846.93 | 0.72 | 26.48 | 49.69 | 1151.88 | 21.05 | 5.71 | 6.66 |
| 10. | GMBREW | 883.35 | 12.87 | 2018.18 | 1.02 | 37.74 | — | 802.90 | 21.08 | 20.40 | 5.79 |
| 11. | SDBL | 73.58 | 0.00 | 1529.74 | 0.00 | 1.56 | -96.29 | 609.19 | -31.13 | 18.52 | 2.46 |
| 12. | ASALCBR | 723.80 | 17.59 | 1453.33 | 0.28 | 178.31 | 653.99 | 2863.03 | 959.58 | 18.06 | 10.43 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 157 | 217 | 180 | 158 | 157 | 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 | 16 | 57 | 60 | 20 | 33 | 37 | 54 | 25 | 36 | 68 | 63 | 29 | |
| Tax % | 25.42% | 25.52% | 20.86% | 27.00% | 28.78% | 24.52% | 31.78% | 25.68% | 25.29% | 25.38% | 29.24% | 27.64% | 23.87% |
| Net Profit | 11 | 12 | 45 | 44 | 14 | 25 | 25 | 40 | 19 | 27 | 48 | 46 | 22 |
| 1 | 1 | 5 | 5 | 2 | 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 %
- 25.42%
- Net Profit
- 11
- 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
- 16
- Tax %
- 25.52%
- Net Profit
- 12
- 1
- Equity Capital
- 95
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 95
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 191
- 157
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 4
- 57
- Tax %
- 20.86%
- Net Profit
- 45
- 5
- Equity Capital
- 95
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 95
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 282
- 217
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 4
- 60
- Tax %
- 27.00%
- Net Profit
- 44
- 5
- Equity Capital
- 94
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 94
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 208
- 180
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 5
- 20
- Tax %
- 28.78%
- Net Profit
- 14
- 2
- 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 %
- 24.52%
- 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
- 157
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 9
- Depreciation
- 5
- 37
- Tax %
- 31.78%
- 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 %
- 25.68%
- 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 %
- 25.29%
- Net Profit
- 19
- 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
- 36
- Tax %
- 25.38%
- 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 %
- 29.24%
- 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 %
- 27.64%
- Net Profit
- 46
- 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
- 29
- Tax %
- 23.87%
- Net Profit
- 22
- 0
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 546 | 628 | 633 | 954 | |
| Operating Profit | 30 | 49 | 31 | 36 | 41 | 54 | 70 | 64 | 153 | 191 | — |
| OPM % | 11 | 15 | 9 | 10 | 10 | 11 | 12 | 10 | 20 | 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 | 19 | 2 | 7 | 11 | 25 | 41 | 35 | 148 | 144 | 196 | |
| Tax % | 69 | 57 | -147 | 20 | -21 | 29 | 29 | 29 | 24 | 27 | 27 |
| Net Profit | 2 | 8 | 5 | 6 | 13 | 18 | 29 | 25 | 112 | 105 | 142 |
| EPS | 0 | 1 | 0 | 1 | 1 | 2 | 3 | 3 | 12 | 11 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 14 | 27 | 3 | 8 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 1 | 0 | 1 | 1 | 2 | 3 | 3 | 12 | 11 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 1 | 0 | 1 | 1 | 2 | 3 | 3 | 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
- 19
- 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 %
- -147
- 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
- 6
- 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 2020
- 399
- 359
- Operating Profit
- 41
- OPM %
- 10
- Other Income
- 0
- Interest
- 15
- Depreciation
- 13
- 11
- Tax %
- -21
- Net Profit
- 13
- EPS
- 1
- Dividend Payout %
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
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 %
- 27
- 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
- 546
- Operating Profit
- 64
- OPM %
- 10
- Other Income
- 1
- Interest
- 13
- Depreciation
- 16
- 35
- Tax %
- 29
- Net Profit
- 25
- EPS
- 3
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2024
- 779
- 628
- Operating Profit
- 153
- OPM %
- 20
- Other Income
- 1
- Interest
- 16
- Depreciation
- 18
- 148
- Tax %
- 24
- Net Profit
- 112
- EPS
- 12
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2025
- 818
- 633
- Operating Profit
- 191
- OPM %
- 23
- Other Income
- 7
- Interest
- 28
- Depreciation
- 19
- 144
- Tax %
- 27
- Net Profit
- 105
- 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
- 954
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 28
- Depreciation
- 28
- 196
- Tax %
- 27
- Net Profit
- 142
- 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:
- 51%
- 3 Years:
- 53%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 19%
RETURN ON EQUITY
- 10 Years:
- 12%
- 5 Years:
- 19%
- 3 Years:
- 24%
- Last Year:
- 20%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 88 | 59 | 64 | 59 | 72 | 88 | 112 | 136 | 247 | 587 | |
| 56 | 71 | 95 | 97 | 90 | 77 | 94 | 94 | 93 | 147 | |
| Trade Payables | 61 | 75 | 108 | 149 | 127 | 144 | 116 | 132 | 110 | 53 |
| 141 | 123 | 97 | 73 | 75 | 105 | 117 | 136 | 202 | 281 | |
| Total Liabilities | 392 | 423 | 458 | 473 | 458 | 508 | 534 | 592 | 746 | 1,163 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 159 | 152 | 149 | 148 | 141 | 135 | 144 | 195 | 218 | 282 | |
| Capital Work in Progress | 30 | 47 | 50 | 46 | 46 | 46 | 52 | 21 | 26 | 182 |
| 58 | 68 | 68 | 68 | 66 | 59 | 60 | 69 | 77 | 81 | |
| 101 | 115 | 132 | 126 | 148 | 178 | 174 | 191 | 196 | 303 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 137 | 137 | |
| Cash & Bank | 1 | 2 | 3 | 18 | 5 | 20 | 8 | 6 | 18 | 47 |
| 43 | 38 | 56 | 66 | 53 | 70 | 95 | 111 | 74 | 130 | |
| Total Assets | 392 | 423 | 458 | 473 | 458 | 508 | 534 | 592 | 746 | 1,163 |
| Total Debt | 156 | 128 | 144 | 131 | 126 | 125 | 135 | 154 | 172 | 308 |
| Net Working Capital | -11 | -62 | -72 | -85 | -57 | -17 | 0 | 12 | 96 | 254 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 28.57 | 16.29 | 16.78 | 16.22 | 17.62 | 19.29 | 21.90 | 24.41 | 36.13 | 72.23 |
| 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 | 0 | 12 | 96 | 254 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 28.57 | 16.29 | 16.78 | 16.22 | 17.62 | 19.29 | 21.90 | 24.41 | 36.13 | 72.23 |
| 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
- 88
- 56
- Trade Payables
- 61
- 141
- Total Liabilities
- 392
- 159
- Capital Work in Progress
- 30
- 58
- 101
- 0
- Cash & Bank
- 1
- 43
- Total Assets
- 392
- Total Debt
- 156
- Net Working Capital
- -11
- Contingent Liabilities
- 0
- Book Value per Share
- 28.57
- Face Value
- 10.00
- Total Debt
- 156
- Net Working Capital
- -11
- Contingent Liabilities
- 0
- Book Value per Share
- 28.57
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 94
- 59
- 71
- Trade Payables
- 75
- 123
- Total Liabilities
- 423
- 152
- Capital Work in Progress
- 47
- 68
- 115
- 0
- Cash & Bank
- 2
- 38
- Total Assets
- 423
- Total Debt
- 128
- Net Working Capital
- -62
- Contingent Liabilities
- 0
- Book Value per Share
- 16.29
- Face Value
- 10.00
- Total Debt
- 128
- Net Working Capital
- -62
- Contingent Liabilities
- 0
- Book Value per Share
- 16.29
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 94
- 64
- 95
- Trade Payables
- 108
- 97
- Total Liabilities
- 458
- 149
- Capital Work in Progress
- 50
- 68
- 132
- 0
- Cash & Bank
- 3
- 56
- Total Assets
- 458
- Total Debt
- 144
- Net Working Capital
- -72
- Contingent Liabilities
- 0
- Book Value per Share
- 16.78
- Face Value
- 10.00
- Total Debt
- 144
- Net Working Capital
- -72
- Contingent Liabilities
- 0
- Book Value per Share
- 16.78
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 94
- 59
- 97
- Trade Payables
- 149
- 73
- Total Liabilities
- 473
- 148
- Capital Work in Progress
- 46
- 68
- 126
- 0
- Cash & Bank
- 18
- 66
- Total Assets
- 473
- Total Debt
- 131
- Net Working Capital
- -85
- Contingent Liabilities
- 0
- Book Value per Share
- 16.22
- Face Value
- 10.00
- Total Debt
- 131
- Net Working Capital
- -85
- Contingent Liabilities
- 0
- Book Value per Share
- 16.22
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 94
- 72
- 90
- Trade Payables
- 127
- 75
- Total Liabilities
- 458
- 141
- Capital Work in Progress
- 46
- 66
- 148
- 0
- Cash & Bank
- 5
- 53
- Total Assets
- 458
- Total Debt
- 126
- Net Working Capital
- -57
- Contingent Liabilities
- 0
- Book Value per Share
- 17.62
- Face Value
- 10.00
- Total Debt
- 126
- Net Working Capital
- -57
- Contingent Liabilities
- 0
- Book Value per Share
- 17.62
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 94
- 88
- 77
- Trade Payables
- 144
- 105
- Total Liabilities
- 508
- 135
- Capital Work in Progress
- 46
- 59
- 178
- 0
- Cash & Bank
- 20
- 70
- Total Assets
- 508
- Total Debt
- 125
- Net Working Capital
- -17
- Contingent Liabilities
- 0
- Book Value per Share
- 19.29
- Face Value
- 10.00
- Total Debt
- 125
- Net Working Capital
- -17
- Contingent Liabilities
- 0
- Book Value per Share
- 19.29
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 94
- 112
- 94
- Trade Payables
- 116
- 117
- Total Liabilities
- 534
- 144
- Capital Work in Progress
- 52
- 60
- 174
- 0
- Cash & Bank
- 8
- 95
- Total Assets
- 534
- Total Debt
- 135
- Net Working Capital
- 0
- Contingent Liabilities
- 0
- Book Value per Share
- 21.90
- Face Value
- 10.00
- Total Debt
- 135
- Net Working Capital
- 0
- Contingent Liabilities
- 0
- Book Value per Share
- 21.90
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 94
- 136
- 94
- Trade Payables
- 132
- 136
- Total Liabilities
- 592
- 195
- Capital Work in Progress
- 21
- 69
- 191
- 0
- Cash & Bank
- 6
- 111
- Total Assets
- 592
- Total Debt
- 154
- Net Working Capital
- 12
- Contingent Liabilities
- 0
- Book Value per Share
- 24.41
- Face Value
- 10.00
- Total Debt
- 154
- Net Working Capital
- 12
- Contingent Liabilities
- 0
- Book Value per Share
- 24.41
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 94
- 247
- 93
- Trade Payables
- 110
- 202
- Total Liabilities
- 746
- 218
- Capital Work in Progress
- 26
- 77
- 196
- 137
- Cash & Bank
- 18
- 74
- Total Assets
- 746
- Total Debt
- 172
- Net Working Capital
- 96
- Contingent Liabilities
- 0
- Book Value per Share
- 36.13
- Face Value
- 10.00
- Total Debt
- 172
- Net Working Capital
- 96
- Contingent Liabilities
- 0
- Book Value per Share
- 36.13
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 94
- 587
- 147
- Trade Payables
- 53
- 281
- Total Liabilities
- 1,163
- 282
- Capital Work in Progress
- 182
- 81
- 303
- 137
- Cash & Bank
- 47
- 130
- Total Assets
- 1,163
- Total Debt
- 308
- Net Working Capital
- 254
- Contingent Liabilities
- 0
- Book Value per Share
- 72.23
- Face Value
- 10.00
- Total Debt
- 308
- Net Working Capital
- 254
- Contingent Liabilities
- 0
- Book Value per Share
- 72.23
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -6 | 97 | 41 | 61 | -4 | 22 | 37 | 37 | 55 | -25 | |
| Cash from Investing | -50 | -34 | -10 | -2 | -4 | 1 | -27 | -52 | -34 | -271 |
| Cash from Financing | 54 | -62 | -30 | -44 | -3 | -9 | -22 | 12 | -10 | 292 |
| -2 | 0 | 1 | 15 | -12 | 14 | -12 | -2 | 11 | -5 | |
| Free Cash Flow | -64 | 73 | 29 | 53 | -10 | 14 | 7 | 3 | 9 | -265 |
| OCF / Net Profit | -3.64 | 11.98 | 8.92 | 11.00 | -0.31 | 1.23 | 1.26 | 1.51 | 0.49 | -0.24 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 81 | 159 | 93 | 67 | 23 | -232 |
| OCF / Net Profit | -3.64 | 11.98 | 8.92 | 11.00 | -0.31 | 1.23 | 1.26 | 1.51 | 0.49 | -0.24 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 81 | 159 | 93 | 67 | 23 | -232 |
Mar 2016
- -6
- Cash from Investing
- -50
- Cash from Financing
- 54
- -2
- Free Cash Flow
- -64
- OCF / Net Profit
- -3.64
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -3.64
- Cumulative 5-Year FCF
- 0
Mar 2017
- 97
- Cash from Investing
- -34
- Cash from Financing
- -62
- 0
- Free Cash Flow
- 73
- OCF / Net Profit
- 11.98
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 11.98
- Cumulative 5-Year FCF
- 0
Mar 2018
- 41
- Cash from Investing
- -10
- Cash from Financing
- -30
- 1
- Free Cash Flow
- 29
- OCF / Net Profit
- 8.92
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 8.92
- Cumulative 5-Year FCF
- 0
Mar 2019
- 61
- Cash from Investing
- -2
- Cash from Financing
- -44
- 15
- Free Cash Flow
- 53
- OCF / Net Profit
- 11.00
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 11.00
- Cumulative 5-Year FCF
- 0
Mar 2020
- -4
- Cash from Investing
- -4
- Cash from Financing
- -3
- -12
- Free Cash Flow
- -10
- OCF / Net Profit
- -0.31
- Cumulative 5-Year FCF
- 81
- OCF / Net Profit
- -0.31
- Cumulative 5-Year FCF
- 81
Mar 2021
- 22
- Cash from Investing
- 1
- Cash from Financing
- -9
- 14
- Free Cash Flow
- 14
- OCF / Net Profit
- 1.23
- Cumulative 5-Year FCF
- 159
- OCF / Net Profit
- 1.23
- Cumulative 5-Year FCF
- 159
Mar 2022
- 37
- Cash from Investing
- -27
- Cash from Financing
- -22
- -12
- Free Cash Flow
- 7
- OCF / Net Profit
- 1.26
- Cumulative 5-Year FCF
- 93
- OCF / Net Profit
- 1.26
- Cumulative 5-Year FCF
- 93
Mar 2023
- 37
- Cash from Investing
- -52
- Cash from Financing
- 12
- -2
- Free Cash Flow
- 3
- OCF / Net Profit
- 1.51
- Cumulative 5-Year FCF
- 67
- OCF / Net Profit
- 1.51
- Cumulative 5-Year FCF
- 67
Mar 2024
- 55
- Cash from Investing
- -34
- Cash from Financing
- -10
- 11
- Free Cash Flow
- 9
- OCF / Net Profit
- 0.49
- Cumulative 5-Year FCF
- 23
- OCF / Net Profit
- 0.49
- Cumulative 5-Year FCF
- 23
Mar 2025
- -25
- Cash from Investing
- -271
- Cash from Financing
- 292
- -5
- Free Cash Flow
- -265
- OCF / Net Profit
- -0.24
- Cumulative 5-Year FCF
- -232
- OCF / Net Profit
- -0.24
- Cumulative 5-Year FCF
- -232
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 0.85 | 0.49 | 0.59 | 1.40 | 1.87 | 3.11 | 2.62 | 11.89 | 11.09 |
| Book Value (₹) | 28.57 | 16.29 | 16.78 | 16.22 | 17.62 | 19.29 | 21.90 | 24.41 | 36.13 | 72.23 |
| 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 | 2.24 | 1.83 | 1.92 | 2.79 | 3.30 | 4.65 | 4.27 | 13.81 | 13.16 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 10.93% | 14.41% | 9.07% | 9.68% | 10.20% | 11.02% | 12.18% | 9.99% | 18.33% | 20.87% |
| Net Margin % | 0.56% | 2.37% | 1.35% | 1.48% | 3.30% | 3.60% | 5.10% | 3.88% | 13.54% | 11.81% |
| ROE % | 1.16% | 5.59% | 2.94% | 3.55% | 8.25% | 10.13% | 15.11% | 11.30% | 39.26% | 20.47% |
| ROCE % | 7.65% | 12.55% | 6.20% | 8.00% | 8.91% | 13.52% | 17.11% | 13.20% | 36.52% | 22.88% |
| 0.42% | 1.98% | 1.04% | 1.19% | 2.83% | 3.65% | 5.64% | 4.39% | 16.76% | 10.97% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 8 | 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 | 124 | 91 |
| -21 | -9 | 3 | -26 | -28 | -12 | 5 | 8 | 7 | 68 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.15x | 0.83x | 0.91x | 0.85x | 0.75x | 0.69x | 0.65x | 0.67x | 0.50x | 0.45x |
| Interest Coverage (x) | 1.34x | 2.07x | 1.11x | 1.42x | 1.73x | 2.56x | 3.94x | 3.60x | 10.43x | 6.17x |
| 0.93x | 0.69x | 0.71x | 0.71x | 0.78x | 0.94x | 1.00x | 1.04x | 1.31x | 1.81x | |
| 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 % | -11.82% | 60.90% | -36.99% | 16.91% | 13.02% | 32.65% | 29.73% | -9.35% | 140.22% | 25.43% |
| Net Profit Growth % | -82.62% | 419.62% | -43.17% | 20.44% | 138.52% | 33.91% | 66.49% | -15.91% | 354.23% | -6.67% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 354.23% | -6.67% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 25.40x | 50.92x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.36x | 7.82x |
| 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 | 19.67x | 29.19x |
Mar 2016
- EPS (₹)
- 0.33
- Book Value (₹)
- 28.57
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.32
- Operating Margin %
- 10.93%
- Net Margin %
- 0.56%
- ROE %
- 1.16%
- ROCE %
- 7.65%
- 0.42%
- Debtor Days
- 8
- Inventory Days
- 137
- Payable Days
- 166
- -21
- Debt to Equity (x)
- 1.15x
- Interest Coverage (x)
- 1.34x
- 0.93x
- Revenue Growth %
- -21.14%
- Operating Profit Growth %
- -11.82%
- Net Profit Growth %
- -82.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 0.85
- Book Value (₹)
- 16.29
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.24
- Operating Margin %
- 14.41%
- Net Margin %
- 2.37%
- ROE %
- 5.59%
- ROCE %
- 12.55%
- 1.98%
- Debtor Days
- 13
- Inventory Days
- 116
- Payable Days
- 138
- -9
- Debt to Equity (x)
- 0.83x
- Interest Coverage (x)
- 2.07x
- 0.69x
- Revenue Growth %
- 21.36%
- Operating Profit Growth %
- 60.90%
- Net Profit Growth %
- 419.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 0.49
- Book Value (₹)
- 16.78
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.83
- Operating Margin %
- 9.07%
- Net Margin %
- 1.35%
- ROE %
- 2.94%
- ROCE %
- 6.20%
- 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 %
- -36.99%
- Net Profit Growth %
- -43.17%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 0.59
- Book Value (₹)
- 16.22
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.92
- Operating Margin %
- 9.68%
- Net Margin %
- 1.48%
- ROE %
- 3.55%
- ROCE %
- 8.00%
- 1.19%
- Debtor Days
- 31
- Inventory Days
- 127
- Payable Days
- 185
- -26
- Debt to Equity (x)
- 0.85x
- Interest Coverage (x)
- 1.42x
- 0.71x
- Revenue Growth %
- 11.08%
- Operating Profit Growth %
- 16.91%
- Net Profit Growth %
- 20.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 1.40
- Book Value (₹)
- 17.62
- Dividend per Share (₹)
- 0.20
- Cash EPS (₹)
- 2.79
- Operating Margin %
- 10.20%
- Net Margin %
- 3.30%
- ROE %
- 8.25%
- ROCE %
- 8.91%
- 2.83%
- Debtor Days
- 34
- Inventory Days
- 125
- Payable Days
- 187
- -28
- Debt to Equity (x)
- 0.75x
- Interest Coverage (x)
- 1.73x
- 0.78x
- Revenue Growth %
- 7.56%
- Operating Profit Growth %
- 13.02%
- Net Profit Growth %
- 138.52%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 1.87
- Book Value (₹)
- 19.29
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 3.30
- Operating Margin %
- 11.02%
- Net Margin %
- 3.60%
- ROE %
- 10.13%
- ROCE %
- 13.52%
- 3.65%
- Debtor Days
- 31
- Inventory Days
- 121
- Payable Days
- 164
- -12
- Debt to Equity (x)
- 0.69x
- Interest Coverage (x)
- 2.56x
- 0.94x
- Revenue Growth %
- 22.52%
- Operating Profit Growth %
- 32.65%
- Net Profit Growth %
- 33.91%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 3.11
- Book Value (₹)
- 21.90
- Dividend per Share (₹)
- 0.10
- Cash EPS (₹)
- 4.65
- Operating Margin %
- 12.18%
- Net Margin %
- 5.10%
- ROE %
- 15.11%
- ROCE %
- 17.11%
- 5.64%
- Debtor Days
- 32
- Inventory Days
- 112
- Payable Days
- 139
- 5
- Debt to Equity (x)
- 0.65x
- Interest Coverage (x)
- 3.94x
- 1.00x
- Revenue Growth %
- 17.20%
- Operating Profit Growth %
- 29.73%
- Net Profit Growth %
- 66.49%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 2.62
- Book Value (₹)
- 24.41
- Dividend per Share (₹)
- 0.20
- Cash EPS (₹)
- 4.27
- Operating Margin %
- 9.99%
- Net Margin %
- 3.88%
- ROE %
- 11.30%
- ROCE %
- 13.20%
- 4.39%
- Debtor Days
- 34
- Inventory Days
- 105
- Payable Days
- 131
- 8
- Debt to Equity (x)
- 0.67x
- Interest Coverage (x)
- 3.60x
- 1.04x
- Revenue Growth %
- 6.17%
- Operating Profit Growth %
- -9.35%
- Net Profit Growth %
- -15.91%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 11.89
- Book Value (₹)
- 36.13
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 13.81
- Operating Margin %
- 18.33%
- Net Margin %
- 13.54%
- ROE %
- 39.26%
- ROCE %
- 36.52%
- 16.76%
- Debtor Days
- 45
- Inventory Days
- 85
- Payable Days
- 124
- 7
- Debt to Equity (x)
- 0.50x
- Interest Coverage (x)
- 10.43x
- 1.31x
- Revenue Growth %
- 28.01%
- Operating Profit Growth %
- 140.22%
- Net Profit Growth %
- 354.23%
- 354.23%
- P/E (x)
- 25.40x
- P/B (x)
- 8.36x
- Dividend Yield %
- 0.00%
- 19.67x
Mar 2025
- EPS (₹)
- 11.09
- Book Value (₹)
- 72.23
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 13.16
- Operating Margin %
- 20.87%
- Net Margin %
- 11.81%
- ROE %
- 20.47%
- ROCE %
- 22.88%
- 10.97%
- Debtor Days
- 56
- Inventory Days
- 103
- Payable Days
- 91
- 68
- Debt to Equity (x)
- 0.45x
- Interest Coverage (x)
- 6.17x
- 1.81x
- Revenue Growth %
- 4.96%
- Operating Profit Growth %
- 25.43%
- Net Profit Growth %
- -6.67%
- -6.67%
- P/E (x)
- 50.92x
- P/B (x)
- 7.82x
- Dividend Yield %
- 0.00%
- 29.19x
Documents
Announcements
- General Updates
2026-08-21 - Piccadily Agro Industries Limited has informed the Exchange about General Updates
- 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.
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