Platinum Industries Ltd
Incorporated in August 2016, Platinum Industries specializes in manufacturing PVC stabilizers, CPVC additives, and lubricants.[1]
- Market Cap ₹ 1,299 Cr.
- Current Price ₹ 237
- High / Low ₹ 342 / 184
- Stock P/E 24.8
- Book Value ₹ 80.7
- Dividend Yield 0.00 %
- ROCE 15.7 %
- ROE 12.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 81.2 to 101 days.
- Working capital days have increased from 92.1 days to 149 days
* 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.
Peer comparison
Commodities Chemicals Chemicals & Petrochemicals Specialty Chemicals
Part of BSE Commodities
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 89 | 188 | 231 | 264 | 392 | 450 | |
| 82 | 163 | 178 | 203 | 334 | 391 | |
| Operating Profit | 8 | 25 | 54 | 61 | 58 | 60 |
| OPM % | 9% | 14% | 23% | 23% | 15% | 13% |
| 0 | 1 | 1 | 2 | 17 | 15 | |
| Interest | 0 | 2 | 2 | 2 | 3 | 3 |
| Depreciation | 1 | 1 | 2 | 3 | 4 | 6 |
| Profit before tax | 7 | 24 | 51 | 58 | 68 | 66 |
| Tax % | 28% | 26% | 26% | 26% | 26% | 22% |
| 5 | 18 | 38 | 44 | 50 | 51 | |
| EPS in Rs | 45.79 | 168.63 | 9.42 | 7.96 | 9.07 | 9.46 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 38% |
| 3 Years: | 25% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 61% |
| 3 Years: | 11% |
| TTM: | 5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -8% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 15% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 40 | 55 | 55 | 55 |
| Reserves | 3 | 21 | 22 | 276 | 329 | 388 |
| 5 | 26 | 22 | 11 | 18 | 10 | |
| 23 | 36 | 37 | 53 | 66 | 96 | |
| Total Liabilities | 32 | 84 | 121 | 395 | 468 | 549 |
| 6 | 7 | 34 | 40 | 81 | 109 | |
| CWIP | 0 | 0 | 3 | 8 | 44 | 45 |
| Investments | 0 | 0 | 0 | 0 | 21 | 48 |
| 27 | 78 | 84 | 347 | 322 | 347 | |
| Total Assets | 32 | 84 | 121 | 395 | 468 | 549 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 3 | -15 | 38 | 33 | -8 | -1 | |
| -1 | -5 | -37 | -79 | -156 | 57 | |
| -1 | 19 | 0 | 220 | 1 | -10 | |
| Net Cash Flow | 1 | -1 | 2 | 174 | -163 | 46 |
| Free Cash Flow | 2 | -16 | 10 | 17 | -63 | -35 |
| CFO/OP | 64% | -48% | 97% | 81% | 16% | 22% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 68 | 94 | 49 | 69 | 74 | 101 |
| Inventory Days | 31 | 41 | 71 | 48 | 63 | 78 |
| Days Payable | 100 | 73 | 36 | 58 | 57 | 83 |
| Cash Conversion Cycle | -1 | 62 | 84 | 59 | 81 | 95 |
| Working Capital Days | -1 | 25 | 36 | 47 | 80 | 149 |
| ROCE % | 88% | 75% | 27% | 19% | 16% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Total Installed Capacity (Standalone) MTPA ・Standalone data |
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| Domestic PVC Stabilizer Market Share % ・Standalone data |
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| Net Working Capital Cycle Days |
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| Number of B2B Customers Numbers ・Standalone data |
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| Total Sales Volumes MT ・Standalone data |
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| Lead Based Stabilizers Production MT ・Standalone data |
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| Non-Lead Stabilizers Production MT ・Standalone data |
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| Sales Realization ₹/kg ・Standalone data |
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| Capacity Utilization Rate % ・Standalone data |
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| R&D Expenditure (Percentage of Turnover) % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
4h - Enclosed Newspaper Advertisement for Audited Financial Results for quarter and financial year ended 31 March 2026.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
4h - Q4 FY26 monitoring report shows ₹1,507.87 million IPO proceeds utilized; delay due to regulatory approvals.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Earnings call recording from May 13, 2026 available on company website.
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Announcement under Regulation 30 (LODR)-Investor Presentation
1d - Announcement under Reg 30 SEBI (LODR) regarding Investor Presentation for Audited Financial results for quarter and financial year ended 31st March 2026.
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General Announcement
1d - FY26 audited results approved with modified opinion; internal auditor appointed; SMP reconstituted; subsidiary to issue fresh equity.
Leading Manufacturer of PVC Stabilisers[1]
Platinum Industries Ltd is a specialty chemicals company focused on PVC & CPVC additives, metallic soaps, and lubricants. Established in 2016, the company has grown to become the third-largest player in India’s PVC additives with a 13% market share.