Piccadily Agro Industries (PICCADIL)₹589.55−0.27%Breweries & Distilleries
In the Jun 2026 quarter (consolidated), Piccadily Agro Industries reported sales of ₹252 Cr, up 17.4% from Jun 2025, and net profit of ₹21.02 Cr, up 16.7% year on year. For the year to Mar 2026, sales were ₹1,040 Cr and net profit ₹138 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 114 | 178 | 269 | 196 | 185 | 182 | 256 | 214 | 212 | 277 | 336 | 252 |
| Expenses | 89.89 | 143 | 202 | 168 | 143 | 135 | 190 | 176 | 166 | 199 | 263 | 207 |
| Operating Profit | 23.94 | 33.92 | 66.92 | 27.95 | 41.92 | 47.92 | 65.87 | 37.92 | 45.93 | 77.83 | 70.81 | 43.89 |
| OPM % | 21.1% | 19.1% | 25.1% | 14.0% | 23.1% | 26.1% | 26.1% | 18.1% | 22.1% | 28.0% | 21.0% | 17.0% |
| Other Income | 0.00 | 29.05 | 1.01 | 1.01 | 1.01 | 3.01 | 2.01 | 1.01 | 2.01 | 1.01 | 4.01 | 3.01 |
| Interest | 5.02 | 3.01 | 4.01 | 4.01 | 5.02 | 9.02 | 9.02 | 9.02 | 7.02 | 6.02 | 7.02 | 9.02 |
| Depreciation | 4.01 | 4.01 | 4.01 | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 | 6.01 | 6.01 | 6.01 | 10.02 |
| Profit before tax | 14.94 | 56.79 | 58.82 | 19.95 | 32.88 | 35.87 | 53.85 | 24.91 | 34.88 | 67.79 | 62.82 | 27.91 |
| Tax % | 26.0% | 20.9% | 26.9% | 28.9% | 24.9% | 31.9% | 25.9% | 25.9% | 26.0% | 28.9% | 27.9% | 23.9% |
| Exceptional items | −0.02 | 23.26 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 |
| Net Profit | 11.01 | 44.02 | 43.06 | 13.02 | 25.03 | 25.01 | 40.06 | 18.01 | 27.04 | 48.07 | 45.04 | 21.02 |
| EPS (Rs) | 1.17 | 4.68 | 4.57 | 1.38 | 2.60 | 2.62 | 4.21 | 1.93 | 2.70 | 4.82 | 4.51 | 2.17 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 271 | 330 | 335 | 372 | 400 | 489 | 573 | 600 | 743 | 799 | 1,040 | 1,076 |
| Expenses | 248 | 282 | 307 | 344 | 359 | 436 | 502 | 537 | 591 | 614 | 802 | 835 |
| Operating Profit | 22.96 | 46.88 | 25.96 | 26.95 | 39.90 | 51.91 | 68.87 | 61.87 | 150 | 183 | 232 | 238 |
| OPM % | 9.0% | 14.1% | 8.1% | 7.1% | 10.1% | 11.0% | 12.1% | 10.1% | 20.1% | 23.1% | 22.0% | 22.2% |
| Other Income | 7.01 | 1.01 | 5.01 | 9.01 | −1.01 | 3.01 | 1.01 | 1.01 | 30.02 | 7.01 | 8.01 | 10.04 |
| Interest | 15.03 | 17.06 | 16.06 | 17.05 | 15.04 | 16.04 | 14.04 | 13.05 | 16.05 | 28.08 | 28.06 | 29.08 |
| Depreciation | 11.02 | 13.04 | 13.03 | 13.03 | 13.04 | 13.04 | 15.04 | 16.05 | 18.06 | 19.03 | 23.04 | 28.05 |
| Profit before tax | 4.99 | 17.93 | 1.99 | 6.97 | 10.97 | 24.93 | 40.86 | 32.88 | 146 | 142 | 189 | 193 |
| Tax % | 67.9% | 56.9% | −148.1% | 21.0% | −21.1% | 29.0% | 28.9% | 29.9% | 24.9% | 27.9% | 27.9% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | −1.01 | 0.00 | 0.00 | 0.00 | 22.09 | 0.00 | 0.00 | 0.04 |
| Net Profit | 2.01 | 8.01 | 5.01 | 2.01 | 19.01 | 18.01 | 29.02 | 22.02 | 110 | 102 | 138 | 141 |
| EPS (Rs) | 0.15 | 0.83 | 0.47 | 0.22 | 2.02 | 1.89 | 3.09 | 2.36 | 11.58 | 10.81 | 13.90 | 14.20 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 10.0% | 26.0% | 3.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| 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 | 24.02 | 47.04 | 95.03 | 94.94 | 95.08 | 95.01 | 94.96 | 95.02 | 95.02 | 94.08 | 94.16 | 99.06 |
| Reserves | 110 | 86.03 | 59.02 | 64.03 | 54.95 | 74.99 | 90.93 | 112 | 137 | 245 | 586 | 802 |
| Borrowings | 84.75 | 156 | 128 | 144 | 131 | 126 | 125 | 135 | 154 | 171 | 308 | 530 |
| Other Liabilities | 131 | 102 | 142 | 156 | 189 | 166 | 199 | 188 | 208 | 229 | 157 | 209 |
| Total Liabilities | 349 | 391 | 423 | 458 | 470 | 461 | 509 | 529 | 593 | 740 | 1,145 | 1,639 |
| Fixed Assets | 149 | 162 | 156 | 152 | 148 | 141 | 135 | 144 | 195 | 218 | 282 | 580 |
| CWIP | 4.01 | 30.05 | 47.05 | 50.05 | 46.03 | 46.07 | 46.06 | 52.08 | 32.03 | 42.01 | 201 | 73.08 |
| Investments | 51.96 | 52.89 | 63.92 | 63.88 | 64.87 | 68.88 | 61.91 | 58.93 | 60.90 | 60.93 | 59.90 | 69.85 |
| Other Assets | 145 | 146 | 155 | 191 | 211 | 205 | 265 | 273 | 305 | 419 | 602 | 916 |
| Inventories | 108 | 101 | 115 | 132 | 126 | 148 | 178 | 174 | 191 | 196 | 303 | 410 |
| Trade receivables | 3.01 | 11.01 | 14.01 | 21.99 | 42.01 | 32.01 | 51.03 | 50.04 | 68.99 | 137 | 137 | 243 |
| Cash & equivalents | 3.01 | 2.01 | 2.01 | 3.01 | 18.04 | 5.01 | 20.04 | 9.01 | 6.01 | 19.04 | 48.07 | 149 |
| Total Assets | 349 | 391 | 423 | 458 | 470 | 461 | 509 | 529 | 593 | 740 | 1,145 | 1,639 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 42.02 | −6.01 | 98.04 | 41.03 | 57.98 | 0.00 | 22.01 | 45.04 | 36.99 | 51.04 | −26.99 | 118 |
| Cash from investing activity | −22.07 | −50.16 | −46.15 | −10.03 | 1.01 | −8.02 | 0.00 | −35.10 | −52.11 | −30.09 | −271 | −163 |
| Cash from financing activity | −21.97 | 53.92 | −51.95 | −29.97 | −43.92 | −3.99 | −8.98 | −21.95 | 11.99 | −9.98 | 292 | 49.92 |
| Net cash flow | −1.99 | −1.99 | 0.00 | 0.99 | 14.96 | −11.96 | 13.96 | −11.97 | −2.99 | 10.96 | −4.98 | 4.98 |
| Capex | 15.96 | 57.83 | 23.92 | 11.97 | 7.97 | 5.98 | 7.98 | 29.90 | 41.89 | 21.92 | 242 | 158 |
| Free cash flow | 27.02 | −64.08 | 74.09 | 29.03 | 53.05 | −6.01 | 14.01 | 18.01 | −5.01 | 29.01 | −270 | −40.02 |
| CFO / OP % | 190.9% | −6.0% | 208.0% | 174.0% | 216.0% | 8.0% | 54.9% | 82.0% | 77.0% | 44.0% | 10.0% | 63.9% |
| 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 | 3 | 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 | 140 | 113 | 59 | 57 |
| Cash conversion cycle | 33 | 103 | 96 | 63 | 9 | 58 | 79 | 94 | 103 | 154 | 340 | 305 |
| Working capital days | −48 | −17 | −70 | −82 | −101 | −56 | −28 | −5 | 2 | 38 | 94 | 70 |
| ROCE % | 11.0% | 8.0% | 12.9% | 6.0% | 8.0% | 10.0% | 13.0% | 16.9% | 13.0% | 30.0% | 22.9% | 18.0% |
For the Jun 2026 quarter, Piccadily Agro Industries reported sales of ₹252 Cr, up 17.4% year on year and net profit of ₹21.02 Cr, up 16.7% year on year. The operating margin was 17.0%.
Piccadily Agro Industries' sales for the year to Mar 2026 were ₹1,040 Cr; over the last twelve months they were ₹1,076 Cr.
Net profit for the year to Mar 2026 was ₹138 Cr, and ₹141 Cr over the last twelve months. Earnings per share over the same trailing period were ₹14.20.
Piccadily Agro Industries reported borrowings of ₹530 Cr at Mar 2026, against cash and equivalents of ₹149 Cr.
Cash from operations was ₹118 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹40.02 Cr.