PI Industries Share Price

PI Industries Ltd. was founded in 1946 with a unique business model in the Agrichem value chain domain with a core business involving R&D and distribution of agrochemical products. For over 70 years, PI has been the leading and the fastest-growing Agri Sciences Company and amongst the top 10 in Custom Synthesis, developing innovative products and crop protection solutions globally with set-ups in India, China, Japan, and Germany.

They are known for their technological capabilities in Chemistry/Engineering and have built leading brands over the last 75 years with more than 70,000 retail points pan India. They are known for their Corporate Governance, Sustainability and IT systems. Their penchant for continually revolutionizing the Agri Input space has increased productivity, enhanced output, and created economic value for millions of farmers for a better life. 

Business Verticals

PI Industries Limited produces various products, like insecticides, herbicides and fungicides, and specialized products like BioVita Granules, Bio Vita Liquid, Super Spreader and Humesol. It offers research and development services, custom synthesis and manufacturing solutions, and distribution services which requires bio-efficacy research, studies on residues, toxicity research, evaluation of geographical potential/fit, product promotional activities and campaign and crop diversification/development of combinations.

PI Industries Limited produces agricultural inputs & fine chemicals. They also produce fine chemicals, crop protection, plant nutrients and seeds, and engineering plastics for automotive, electrical, and home appliance industries. The company also provides polymer solutions to manufacturers of food packaging, industrial products, building materials, personal care products and pharmaceuticals. 

Milestones

1946
Founded as Mewar Oil & General Mills Ltd.

1947 - 1980

• They established a marketing network in India.
• Agchem technical plant installed Diversified into mining and mineral processing business Wolkem India Ltd was later spun off as a separate company.
• Achieved Agchem formulation's first export.
• AgChem formulation and marketing began under the VEGFRU brand.

1980 - 2000

• PI Industries Ltd was renamed.
• Introduced Polymer Compounding Diversification.
• Custom synthesis and manufacturing have been added to the mix.
• Diversified into energy metering and was later renamed Secure Meters Ltd.
• Established a manufacturing facility in Panoli (Gujarat).
• Introduced Phorate Technical Plant Installation.
• Established a complete Agchem Manufacturing Unit in the Middle East.
• The company’s shares got listed at BSE Ltd.

2000 - 2005

• Divested polymer business. 
• Expansion of R&D Center in Udaipur.
• Launch of Jammu Formulation Plant.

2005 - 2012

• A new manufacturing site in Jambusar, Gujarat, has been successfully commissioned. 
• Divested Polymer Compounding Business.
• Expansion of Custom Synthesis & Manufacturing (CSM) Facilities (Built two new MPPs in Panoli).

2015 - 2016

• Founded Solinnos Agro in collaboration with Mitsui Chemicals Agro (MCAG).
• Built a cutting-edge research and development facility (P. P Singhal Research Centre at Udaipur, Rajasthan).
• Vadodara (Gujarat) now has a new operations office.
• SAP Hana has been upgraded.
• Jambusar (Gujarat) has two world-class multi-product plants.

2017 - PI Industries and Kumiai Chemical Industry Co. Ltd. form a joint venture in India.

2018

• COSKO marks the company's entry into the sugarcane crop protection market.
• The iconic brand "NOMINEE GOLD" celebrates its tenth anniversary.

2019 

• It acquired  Isagro Asia Agrochemicals Private Ltd.
• Commissioning of multi-product facility at Jambusar Site.
• Entry into agri-solutions such as mechanised spray machines.
• Panoli Manufacturing Unit Celebrates Its Silver Jubilee.

2020

• It raised INR 20,000 million through QIP
• MPP 11 has been commissioned.
• PI Enzachem Private Limited and PI Fermachem Private Limited were established as new subsidiaries.
• Entry into the pharmaceutical industry.
• The organization is fully compliant with ISO 27001:2013 certification.
• 100 years of P.P Singhal.

2021

•  PI’s 75th Anniversary Celebration. 
• Isagro (Asia) was successfully integrated, and two new manufacturing facilities were operationalized. 
• Isagro's B2C business was divested to Jivagro.