PI Industries Stock Forecast

Stock Price Forecast

According to 25 analysts polled by S&P Global, PI Industries stock has a consensus rating of "Hold" and an average price target of ₹3,211. The average 1-year stock price forecast is 19.80% higher than the current stock price, while the lowest is ₹2,280 (-14.92%) and the highest is ₹5,500 (+105.23%).

Price Target: ₹3,211 (+19.80%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	₹2,280	₹3,211	₹3,000	₹5,500
Change	-14.92%	+19.80%	+11.94%	+105.23%

* Price targets were last updated on May 25, 2026.

Analyst Ratings

The average analyst rating for PI Industries stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	7	5	5	5	5	5
Buy	2	2	2	2	3	3
Hold	10	9	9	8	9	10
Sell	4	4	4	4	3	3
Strong Sell	3	4	4	4	4	4
Total	26	24	24	23	24	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Bhaskar Chakraborty Jefferies	Jefferies	Buy Maintains ₹3,575	Buy	Maintains	₹3,575	+33.40%	May 25, 2026

Financial Forecast

Revenue This Year

74.66B

from 67.14B

11.21%

from 67.14B

Revenue Next Year

85.78B

from 74.66B

14.89%

from 74.66B

EPS This Year

88.70

from 81.77

8.48%

from 81.77

EPS Next Year

106.20

from 88.70

19.73%

from 88.70

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	53.00B	64.92B	76.66B	79.78B	67.14B	74.66B
Revenue Growth	15.78%	22.50%	18.08%	4.07%	-15.85%	11.21%
Gross Profit	23.77B	29.39B	38.28B	42.07B	38.80B	42.22B
Gross Margin	44.85%	45.28%	49.94%	52.73%	57.80%	56.55%
Operating Income	9.44B	13.16B	17.07B	18.27B	12.93B	14.71B
Net Income	8.44B	12.30B	16.82B	16.60B	13.21B	13.46B
EPS	-	-	-	-	81.77	88.70
EPS Growth	-	-	-	-	-33.53%	8.48%
Forward PE	-	-	-	-	-	30.21
Dividend / Share	6.00	10.00	15.00	16.00	15.00	14.50
Dividend Growth	-	66.67%	50.00%	6.67%	-6.25%	-3.33%
Free Cash Flow	-81.88M	8.96B	9.07B	2.04B	-7.17B	10.64B
No. Analysts	-	-	-	-	-	1

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	74.7B
Avg	74.7B
Low	74.7B

Revenue Growth

Revenue Growth	2027	2028	2029
High	11.2%
Avg	11.2%
Low	11.2%

EPS Forecast

EPS	2027	2028	2029
High	88.70
Avg	88.70
Low	88.70

EPS Growth

EPS Growth	2027	2028	2029
High	8.5%
Avg	8.5%
Low	8.5%