P I Industries Reports Strong Financial Performance in Q1 FY25, Receives 'Buy' Call from MarketsMOJO

Debt to Equity Ratio – Half Yearly: Highest at 0.01 times in the last six half yearly periods. Company has very low debt which is a positive sign, but it may also indicate underutilization of funds.

Overall, P I Industries has shown a strong financial performance in the quarter Jun 2024, with a significant increase in PAT, inventory turnover ratio, and operating profit. The company also has a healthy cash position and low debt, which indicates a strong financial position.

MarketsMOJO has given a ‘Buy’ call for P I Industries, further validating the positive financial results. With a score of 9, the company has shown a significant improvement in the last 3 months, indicating a positive trend.

P I Industries, a leading player in the pesticides and agrochem industry, has been able to sell its inventory faster and has shown a positive trend in near term PAT and PBT. However, the company needs to be cautious about its non-operating income, which may not be sustainable in the long run.

Investors can take note of P I Industries’ strong financial performance in the quarter Jun 2024 and the ‘Buy’ call by MarketsMOJO. With a largecap size, the company has a strong foothold in the industry and is well-positioned for future growth.