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PI Industries Revenue Plummets 15.7%! Analyst Deven Choksey Issues Shocking Warning & New Target Price!

Chemicals

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Published on 26th November 2025, 5:27 AM

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Author

Aditi Singh | Whalesbook News Team

Overview

PI Industries reported consolidated revenue of INR 18,723 million, a 15.7% year-on-year decline, falling below estimates. Analyst Deven Choksey attributes this to weaker exports and slow global agrochemical market recovery. He has updated valuations to September 2027 estimates, setting a new target price of INR 3,480, based on a 32.0x Sept'27 EPS multiple.