No. As of October 2026, Piccadily Agro Industries Ltd (530305.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Piccadily Agro Industries Ltd does not pass Musaffa's business and financial screening criteria.
Piccadily Agro Industries Ltd. engages in the production of sugar and their by-products. The company is headquartered in Chandigarh, Chandigarh. The company manufactures White Crystal Sugar from Sugar cane cultivated in the surrounding rural areas and Rectified Spirit, Carbon dioxide Gas, Extra Neutral Alcohol (ENA) from Molasses/ Rice / Wheat, Malt, Pet. Its segments include Sugar and Distillery. The Sugar segment includes products, such as sugar, molasses, power, and bagasse. The Distillery segment includes products, such as liquor, malt, carbon dioxide gas and ethanol. The Sugar Mill has produced approximately 66,7800 quintals of Sugar and produced approximately 54,8730 quintals of molasses. The Distillery segment has produced approximately 61,79,868 cases of Malta, approximately 8,136 cases of Marshal Rum under the Country liquor category. The company has also produced approximately 8,136 cases of Golden Wings whisky, approximately 49,371 cases of Whistler Whisky, over 3,912 cases of Kamet (Single Malt Whisky), approximately 105,992 cases of Indri No. 1 (Single Malt Whisky).
Piccadily Agro Industries Ltd 530305.BO
₹580.80 ₹9.65 (1.69%) 1D
Last Updated: Oct 09, 12:00 AM·BSE
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530305.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Piccadily Agro Industries Ltd is classified as not halal.
NOT HALAL
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FAQ's for Piccadily Agro Industries Ltd (530305.BO)
As of October 2026, Piccadily Agro Industries Ltd 530305.BO is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Piccadily Agro Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Piccadily Agro Industries Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Piccadily Agro Industries Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Piccadily Agro Industries Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Piccadily Agro Industries Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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