PICCADIL
Piccadily Agro Industries Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
PICCADIL
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹734 today
BEAR
₹194
-74%
23.1% a year · 11.3x exit
BASE
₹412
-44%
40% a year · 21.1x exit
BULL
₹786
+7%
54.4% a year · 36.5x exit
Where the market has priced it
8x53x today96x
- this company has too little filed history for a multiple band of its own, so the exit multiple is the median of 22 Agricultural Commodities/Milling peers
- at 53x its FY26 earnings the stock already trades above the top of its own ten-year range (37x)
- the range is unusually wide — read it as the span of management's own claim, not as a forecast
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹13.95 (screener) |
|---|---|
| Guided growth | 40% a year, said on the call of 02-May-2026 · transcript |
| Read across as | operating: revenue growth, margin held flat — medium confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 11.3x / 21.11x / 36.52x, this company’s own p20 / median / p80 across 22 filed years |
| Filed-industry peers | median 21.11x across 22 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)1 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
generic growth 60%revenue growth 40%
IfI talk on a Piccadily Agro Industries Limited April 29, 2026 PICCADILY = SINCE 11987 = Management: For FY '27 as we said our overall growth would be 60% to 70%.
Call 02-May-2026 · bridge confidence medium · transcript PDF