Platinum Industries Ltd
Incorporated in August 2016, Platinum Industries specializes in manufacturing PVC stabilizers, CPVC additives, and lubricants.[1]
- Market Cap ₹ 1,209 Cr.
- Current Price ₹ 220
- High / Low ₹ 237 / 167
- Stock P/E 33.4
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 85.4 %
- ROE 92.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 75.3 to 51.9 days.
Cons
- Promoter holding has decreased over last quarter: -25.9%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| 71 | 184 | 234 | |
| 65 | 162 | 183 | |
| Operating Profit | 5 | 22 | 52 |
| OPM % | 8% | 12% | 22% |
| 0 | 1 | 1 | |
| Interest | 0 | 2 | 2 |
| Depreciation | 0 | 1 | 1 |
| Profit before tax | 5 | 21 | 49 |
| Tax % | 28% | 26% | 26% |
| 4 | 16 | 36 | |
| EPS in Rs | 36.39 | 147.73 | 8.99 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
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| TTM: | 27% |
| Compounded Profit Growth | |
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| TTM: | 132% |
| Stock Price CAGR | |
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| Return on Equity | |
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| Last Year: | 93% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| Equity Capital | 1 | 1 | 40 |
| Reserves | 4 | 19 | 18 |
| 3 | 24 | 17 | |
| 23 | 36 | 23 | |
| Total Liabilities | 31 | 81 | 98 |
| 4 | 7 | 16 | |
| CWIP | 0 | 0 | 3 |
| Investments | 0 | 0 | 11 |
| 27 | 74 | 68 | |
| Total Assets | 31 | 81 | 98 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| 2 | -14 | 38 | |
| -2 | -5 | -27 | |
| -0 | 19 | -9 | |
| Net Cash Flow | -1 | -1 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| Debtor Days | 86 | 88 | 52 |
| Inventory Days | 38 | 41 | 44 |
| Days Payable | 127 | 72 | 32 |
| Cash Conversion Cycle | -2 | 57 | 64 |
| Working Capital Days | 14 | 68 | 54 |
| ROCE % | 86% | 85% |
Documents
Announcements
- Board Meeting Intimation for The Meeting Scheduled To Be Held On 14Th May, 2024. 16h
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 26 Apr
- Certificate As Per Regulation 40 (9) And (10) Of The SEBI (LODR) Regulations, 2015 24 Apr
- Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations 2015. 18 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Apr - Certificate issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2024.
Leading Manufacturer of PVC Stabilisers[1] The company is the third largest Indian manufacturer of PVC stabilizers in terms of sales with 13.0% market share in FY23. Top 3 manufacturers account for 50-55% of market share and top 2 manufacturers are Baerlocher and Goldstab.[2]