The presentation by Zamaan Khan Lodhi explains the mathematical constant pi, defined as the ratio of the circumference of a circle to its diameter, and highlights its historical significance and approximation by ancient civilizations. It describes pi as an infinite decimal without a repeating pattern, emphasizing its crucial role in various geometric figures and developments in analytical geometry and calculus. The document further discusses the impact of modern technology on calculating pi's digits and its relevance in electronic computing and statistical research.