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Salil Singhal

Chairman Emeritus, PI Industries

Birth Details1946

NationalityIndian

LeagueBusiness Leader

EducationGraduate, St Xavier's College, Mumbai

Net Worth$2.8 billion (As of October 27, 2021)

Salil Singhal's Assets:

Stake in PI Industries

Salil Singhal's Journey so far ...

Salil Singhal completed his graduation from Mumbai's Saint Xavier's College and joined his father's business in 1965. His father, PP Singhal, a first-generation entrepreneur, established Mewar Oil and General Mills (now PI Industries) in the lake city of Udaipur in 1946
In 1972, he helped to set up Wolkem, a separate company with a focus on mining and mineral business. Following his father's death, Singhal took up the leadership of agri-inputs company PI Industries in 1979. He was 33
His marketing and business development skills guided the Udaipur-based company in expanding business in agrochemicals, pesticides, fine chemicals, polymers, mining and minerals segments
In 1987, he set up Secure Meters Limited, an electronic energy meters manufacturer for the power sector. The meters produced by the company helped in curbing the menace of electricity theft in India
Under his leadership, the Rajasthan-based agrochemicals maker became one of the fastest-growing and highest value-creating entities. Each of the group companies became market leaders in their segments and developed a strong network of distributors and retailers
He has been on several committees of the Government of India and has held key positions in various industry bodies like CII, National Council on Agriculture and Crop Care Federation of India
With over five decades of experience, he is one of the most sought-after leaders in the agrochemical business and has represented the Indian industry in several conferences and seminars abroad
After attaining the age of 70 years and being at the helm for over four decades, Singhal stepped down from the board of the company in August 2016 and was designated as Chairman Emeritus. The board also appointed him as an advisor to the company

Before you go ...

Salil Singhal now devotes a substantial amount of time to philanthropy and has been involved with various social, cultural and educational projects

Last Updated: 27/10/2021

Salil Singhal News

PI Industries plans foray into pharma sector
"Building on our knowledge base in chemistry, we have also planned to foray into the pharma sector for manufacturing and export," the company said.
See PAT growing by 20-25% in this financial year: Salil Singhal, PI Industries
"The EBITDA growth over the year should be around 50 to 75 bps and the PAT should go up by another 20-25 per cent."
Expect to maintain growth at around 12-15%: Salil Singhal, PI Industries
It has been a little better in Q3 than Q2, and the season is now on. So we still have several weeks to go and I definitely see it as a fairly positive environment.
Plan to raise Rs 100 cr to fund expansion plans: Salil Singhal, PI Industries
Board has cleared up to Rs 150 crore, but we are planning to raise at least 100 crore and let us see how it goes. We should close the bid by this late afternoon, says Salil Singhal.
Looking for a 50% increase in PAT: Salil Singhal, chairman, PI Industries
In an interview with ET Now, Salil Singhal, chairman, PI Industries, talks about their quarterly performance and margin outlook.