PI Industries in South Africa

PI Industries’ Strategic Expansion and Recognition in 2023

New Delhi, India – September 2, 2025

PI Industries, a leading Indian agrochemical and fine chemicals company, has marked significant milestones in 2023, underscoring its commitment to innovation and global growth.

Strategic Acquisition of TRM India

In April 2023, PI Health Sciences, a subsidiary of PI Industries, announced the acquisition of a 100% stake in TRM India, a prominent player in the Indian animal health sector. This strategic move aims to diversify PI Industries’ product portfolio and strengthen its presence in the rapidly growing animal health market. Analysts view this acquisition as a pivotal step towards enhancing the company’s market share and operational capabilities in the region. (zeebiz.com)

Golden Peacock National Quality Award

In July 2022, PI Industries was honored with the prestigious Golden Peacock National Quality Award for the year 2022. This accolade recognizes the company’s unwavering commitment to excellence and quality in its operations. The award was conferred by a distinguished jury, highlighting PI Industries’ leadership in the agrochemical industry. (piindustries.com)

Financial Performance and Market Outlook

The company’s robust financial performance in 2023 has been marked by a 20% revenue growth in the second quarter, with EBITDA rising by 28% and net profit increasing by 44% year-on-year. This growth is primarily driven by strong export traction and the successful integration of new acquisitions. Analysts project a 20% revenue and net profit compound annual growth rate (CAGR) over the fiscal years 2023-2026, indicating a positive outlook for PI Industries’ future performance. (livemint.com)

Sustainability and Environmental Initiatives

PI Industries continues to prioritize sustainability, focusing on reducing environmental and energy impacts. The company has implemented continuous process research to minimize wastewater generation and energy consumption. Additionally, PI Industries has substituted fuel oil with natural gas to reduce both fuel usage and pollution, demonstrating its commitment to green practices. (emea.bus-ex.com)

READ PI Industries: Pioneering Agricultural Innovation in South Africa

As of September 2025, PI Industries remains a formidable entity in the agrochemical sector, with a strong financial foundation, a diversified product portfolio, and a steadfast commitment to quality and sustainability.