Piccadily Agro Industries Ltd

Piccadily Agro Industries Ltd

₹ 607 -0.65%
30 Apr - close price
About

Piccadily Agro Industries Ltd (PAIL), was incorporated in the year 1994 and started its commercial operations in 1997 as a sugar processing company. Later in 2007, PAIL has set up a distillery unit. At present the company is engaged in manufacturing sugar and distillery products at a manufacturing plant in Haryana. [1]

Key Points

Business Segments
1) Distillery[1]
The distillery segment is their core focus, encompassing bulk products (ENA, Ethanol, IMIL/Country Liquor, Malt Spirit, DOGS/DDGS) and branded IMFL (premium/luxury whiskies, rum, vodka).The division plans a strategic shift towards premium Indian Made Foreign Liquor (IMFL) brands.

  • Market Cap 5,986 Cr.
  • Current Price 607
  • High / Low 806 / 483
  • Stock P/E 42.9
  • Book Value 91.6
  • Dividend Yield 0.00 %
  • ROCE 18.2 %
  • ROE 17.6 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 51.2% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
200 219 114 178 269 196 185 182 255 214 212 276 335
184 194 89 143 202 168 142 134 189 176 165 198 263
Operating Profit 16 25 25 35 67 28 43 48 66 38 47 78 72
OPM % 8% 11% 22% 20% 25% 14% 23% 26% 26% 18% 22% 28% 21%
0 0 0 29 1 1 1 3 2 1 2 1 4
Interest 3 4 5 3 4 4 5 9 9 9 7 6 7
Depreciation 4 6 4 4 4 5 5 5 5 5 6 6 6
Profit before tax 10 15 16 57 60 20 33 37 54 25 36 68 63
Tax % 36% 25% 25% 21% 27% 29% 25% 32% 26% 25% 25% 29% 28%
6 11 12 45 44 14 25 25 40 19 27 48 46
EPS in Rs 0.67 1.21 1.26 4.80 4.61 1.52 2.64 2.66 4.28 1.99 2.70 4.89 4.66
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
344 271 329 334 371 399 488 572 598 742 797 1,038
316 248 282 308 344 359 437 503 535 590 612 802
Operating Profit 28 23 48 26 27 40 52 69 63 152 185 235
OPM % 8% 9% 14% 8% 7% 10% 11% 12% 11% 20% 23% 23%
6 7 1 5 9 -2 3 1 1 30 7 8
Interest 9 15 17 16 17 15 16 14 13 16 28 28
Depreciation 11 11 13 13 13 13 13 15 16 18 19 23
Profit before tax 15 5 19 2 7 11 25 41 35 148 144 192
Tax % 39% 68% 56% -146% 20% -21% 29% 29% 29% 24% 27% 27%
9 2 8 5 6 13 18 29 25 112 105 140
EPS in Rs 0.95 0.16 0.86 0.49 0.59 1.40 1.87 3.11 2.62 11.89 11.09 14.16
Dividend Payout % 0% 0% 0% 0% 0% 14% 27% 3% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 14%
5 Years: 16%
3 Years: 20%
TTM: 30%
Compounded Profit Growth
10 Years: 57%
5 Years: 51%
3 Years: 78%
TTM: 33%
Stock Price CAGR
10 Years: 53%
5 Years: 111%
3 Years: 134%
1 Year: 14%
Return on Equity
10 Years: 16%
5 Years: 19%
3 Years: 21%
Last Year: 18%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 24 47 95 95 95 95 95 95 95 94 94 99
Reserves 110 88 59 64 59 72 88 112 136 247 589 804
85 156 128 144 131 126 125 135 154 172 308 531
130 102 141 156 189 166 198 187 206 226 155 206
Total Liabilities 349 392 423 458 473 458 506 529 590 739 1,146 1,640
138 159 152 149 148 141 135 144 195 218 282 580
CWIP 4 30 47 50 46 46 46 52 21 26 182 49
Investments 64 58 68 68 68 66 59 60 69 77 81 100
143 145 155 191 211 205 265 273 306 418 601 911
Total Assets 349 392 423 458 473 458 506 529 590 739 1,146 1,640

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
44 -6 98 41 61 -4 22 37 37 55 -25 117
-23 -50 -46 -10 -2 -4 1 -27 -52 -34 -271 -166
-22 54 -52 -30 -44 -3 -9 -22 12 -10 292 50
Net Cash Flow -2 -2 0 1 15 -12 14 -12 -2 11 -5 2
Free Cash Flow 27 -64 98 29 53 -10 14 7 3 37 -265 -35
CFO/OP 197% -6% 208% 174% 225% -2% 55% 70% 75% 46% 11% 63%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 2 15 15 24 41 30 38 32 42 67 63 85
Inventory Days 189 222 233 215 182 201 215 185 201 200 337 277
Days Payable 160 134 152 175 214 172 174 123 139 113 59 56
Cash Conversion Cycle 31 103 96 63 9 58 79 94 104 155 341 306
Working Capital Days -49 -17 -70 -82 -101 -56 -28 -5 4 38 95 70
ROCE % 11% 8% 13% 6% 8% 10% 14% 17% 13% 30% 23% 18%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Jun 2025
Sugar Recovery Percentage
%

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Sugarcane Crushed
Quintals
Malt Spirit Production
Bulk Liters
Country Liquor Production (Malta)
Cases
Indri Single Malt Sales Volume
Cases
Ethanol/ENA Distillery Capacity (Indri)
KLPD
Liquid Under Maturation (Number of Barrels)
Units
Malt Distillery Capacity (Indri)
KLPD
Retail Outlets Presence (India)
Units
Market Share of Indian Single Malt Industry
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
70.97% 70.97% 70.97% 70.97% 70.97% 70.97% 70.97% 70.97% 70.47% 68.62% 68.62% 68.56%
0.00% 0.00% 0.00% 0.00% 0.17% 0.88% 0.78% 0.71% 0.73% 0.95% 1.15% 0.76%
0.00% 0.00% 0.04% 0.10% 0.10% 0.03% 0.01% 0.01% 0.00% 0.97% 0.74% 0.79%
29.02% 29.03% 29.00% 28.92% 28.76% 28.13% 28.24% 28.30% 28.80% 29.46% 29.50% 29.90%
No. of Shareholders 27,43530,84152,07051,17271,83370,61969,29776,03078,87574,77076,00473,813

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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