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Driven by cutting-edge R&D and deep adherence to exacting expertise in chemistry, PI Industries has consistently pioneered agrochemical advancements over the years and has built a network supported by over 70,000 retail points across India.
It is not only a leader in the agrochemicals space but is making rapid strides in the pharmaceutical sector with its innovative Contract Research and Manufacturing platforms.
Within a year of launch, its new pharma vertical contributes to over 7% of overall revenues. Its patented products account for over 85% of revenue and in the last 4 years, PI Industries has seen revenues multiple 2.28 times, and profits 3.7 times.
Armed with a strong, debt-free book and operating cash flows of over ₹614 crore, the company is working on an ambitious expansion plan, pillared by the recent acquisitions of Therachem and Plant Health Care.
For consistently pushing the boundaries in areas like biochemicals, electronics & imaging chemicals, and creating new possibilities for sustainable growth, CNBC-TV18 is delighted to crown PI Industries the Most Promising Company of the Year at the CNBC-TV18 India Business Leader Awards 2024.
