Primo Chemicals Ltd
Incorporated in 1975, Primo Chemicals
Ltd (formerly Punjab Alkalies & Chemicals
Ltd) is in the business of manufacturing &
selling of chemicals[1]
- Market Cap ₹ 545 Cr.
- Current Price ₹ 22.5
- High / Low ₹ 44.0 / 20.4
- Stock P/E 28.9
- Book Value ₹ 16.1
- Dividend Yield 0.00 %
- ROCE 6.65 %
- ROE 0.89 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 31.4%
- Company has a low return on equity of 10.2% over last 3 years.
* 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 Commodity Chemicals
Part of BSE SmallCap BSE Allcap 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 | TTM | |
|---|---|---|---|---|---|---|
| 223 | 449 | 701 | 392 | 549 | 576 | |
| 235 | 362 | 508 | 385 | 481 | 502 | |
| Operating Profit | -12 | 87 | 192 | 7 | 68 | 74 |
| OPM % | -6% | 19% | 27% | 2% | 12% | 13% |
| 55 | 15 | 26 | 19 | 21 | 20 | |
| Interest | 5 | 9 | 8 | 18 | 23 | 23 |
| Depreciation | 17 | 17 | 24 | 40 | 51 | 52 |
| Profit before tax | 20 | 76 | 186 | -31 | 15 | 19 |
| Tax % | 59% | 25% | 28% | -18% | 85% | |
| 8 | 59 | 137 | -25 | 4 | 19 | |
| EPS in Rs | 0.53 | 2.44 | 5.67 | -1.05 | 0.15 | 0.77 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 7% |
| TTM: | 41% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -61% |
| TTM: | 159% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 19% |
| 3 Years: | -36% |
| 1 Year: | -47% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 10% |
| Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 31 | 48 | 48 | 48 | 48 |
| Reserves | 66 | 228 | 364 | 339 | 342 |
| 1 | 61 | 145 | 178 | 169 | |
| 148 | 141 | 174 | 149 | 181 | |
| Total Liabilities | 246 | 478 | 731 | 714 | 741 |
| 156 | 155 | 278 | 468 | 497 | |
| CWIP | 35 | 177 | 213 | 49 | 10 |
| Investments | 0 | 33 | 59 | 59 | 61 |
| 55 | 114 | 181 | 138 | 173 | |
| Total Assets | 246 | 478 | 731 | 714 | 741 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 53 | 70 | 150 | 14 | 64 | |
| -24 | -191 | -233 | -56 | -43 | |
| -34 | 137 | 81 | 21 | -22 | |
| Net Cash Flow | -5 | 16 | -3 | -21 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 27 | 26 | 27 | 33 | 28 |
| Inventory Days | 52 | 84 | 47 | 106 | 104 |
| Days Payable | 231 | 216 | 112 | 147 | 195 |
| Cash Conversion Cycle | -152 | -106 | -38 | -8 | -63 |
| Working Capital Days | -160 | -47 | -31 | -89 | -67 |
| ROCE % | 39% | 43% | -2% | 7% |
Documents
Announcements
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Board Meeting Intimation for Approval Of Unaudited Financial Results (Standalone & Consolidated) For Quarter And Half Year Ended 30.09.2025.
3 Nov - Board meeting 14 Nov 2025 to approve unaudited Q2/H1 results ended 30 Sep 2025; trading window reopens 48 hours.
-
Announcement under Regulation 30 (LODR)-Resignation of Director
24 Oct - Independent Director Teesta Sandhu (DIN 09415955) resigned effective 23-10-2025; leaves Risk Management Committee.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Oct - Beetal confirms dematerialization under Reg 74(5) for quarter ended 30 September 2025.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
1 Oct - AGM on 30-Sep-2025: FY2024-25 financials adopted; directors re-appointed; cost auditor fee Rs.80,000; Flowtech 51% acquisition timeline extended.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
1 Oct - Shareholders approved re-appointment of Tilak Bajalia, Ashok Goyal, Kuldip Suhag for 1 Dec 2025–30 Nov 2030.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Products & Applications:[1]
a) Caustic Soda Lye and Caustic Soda Flake:
Paper & Paper Pulp, Soap & Detergents, Textile, Dye Stuff industry, Aluminium industry, Fertilizers & Refineries, Viscose & Rayon etc., Water
demineralization
b) Hydrochloric Acid:
Water demineralization
in Power & Fertilizer Plants,
Metal pickling, preparation
of various metal chloride
etc.
c) Liquid Chlorine:
Water treatment plants,
Paper manufacturing,
Stable bleaching powder,
CPW & PVC, Chloromethanes
and other, Chlorogenic
chemicals
d) Sodium Hypochlorite:
Textile bleaching, Laundry
trade, Dis-infection of drinking
water etc
e) Hydrogen Gas:
Hydrogenation of vegetable
oils and other unsaturated fats,
Optical fibre units, As a coolant
in power plants, As a fuel
f) Stable Bleaching Powder:
Oxidizing Agent, Disinfecting
Agent, Textile Industry, Aqua
culture, Water treatment process,
Household bleaching and cleaning
g) Aluminium Chloride:
Water treatment, Separation of slurry,
Sizing in paper industry, Decolourisation
& Decontamination of Dyes in textile
industry, Sewage water treatment