Platinum Industries Ltd
Incorporated in August 2016, Platinum Industries specializes in manufacturing PVC stabilizers, CPVC additives, and lubricants.[1]
- Market Cap ₹ 1,447 Cr.
- Current Price ₹ 264
- High / Low ₹ 502 / 169
- Stock P/E 29.1
- Book Value ₹ 69.9
- Dividend Yield 0.00 %
- ROCE 18.5 %
- ROE 13.9 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 75.8 days to 107 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
Sector: Chemicals Industry: 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 | |
|---|---|---|---|---|---|
| 89 | 188 | 231 | 264 | 392 | |
| 82 | 163 | 178 | 203 | 334 | |
| Operating Profit | 8 | 25 | 54 | 61 | 58 |
| OPM % | 9% | 14% | 23% | 23% | 15% |
| 0 | 1 | 1 | 2 | 17 | |
| Interest | 0 | 2 | 2 | 2 | 3 |
| Depreciation | 1 | 1 | 2 | 3 | 4 |
| Profit before tax | 7 | 24 | 51 | 58 | 68 |
| Tax % | 28% | 26% | 26% | 26% | 26% |
| 5 | 18 | 38 | 44 | 50 | |
| EPS in Rs | 45.79 | 168.63 | 9.42 | 7.96 | 9.07 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 28% |
| TTM: | 48% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 41% |
| TTM: | 15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 25% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 22% |
| Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 40 | 55 | 55 |
| Reserves | 3 | 21 | 22 | 276 | 329 |
| 5 | 26 | 22 | 11 | 18 | |
| 23 | 36 | 37 | 53 | 66 | |
| Total Liabilities | 32 | 84 | 121 | 395 | 468 |
| 6 | 7 | 34 | 40 | 82 | |
| CWIP | 0 | 0 | 3 | 8 | 44 |
| Investments | 0 | 0 | 0 | 0 | 21 |
| 27 | 78 | 84 | 347 | 322 | |
| Total Assets | 32 | 84 | 121 | 395 | 468 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 3 | -15 | 38 | 33 | -8 | |
| -1 | -5 | -37 | -79 | -159 | |
| -1 | 19 | 0 | 220 | 1 | |
| Net Cash Flow | 1 | -1 | 2 | 174 | -166 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 68 | 94 | 49 | 69 | 74 |
| Inventory Days | 31 | 41 | 71 | 48 | 63 |
| Days Payable | 100 | 73 | 36 | 58 | 57 |
| Cash Conversion Cycle | -1 | 62 | 84 | 59 | 81 |
| Working Capital Days | 11 | 72 | 62 | 58 | 107 |
| ROCE % | 88% | 75% | 27% | 18% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 15 May
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
14 May - Q4 FY25 CRISIL report confirms IPO proceeds utilized as per plan; delays due to approvals, no major deviations.
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Announcement Under Reg 30 Of SEBI LODR For Postponement Of Commercial Production.
13 May - Audited FY25 results approved; appointment of auditors; production start postponed to Sep 2025 (India) and Dec 2026 (Egypt).
-
Announcement Under Reg 30(5) Of SEBI LODR For Materiality Of Event.
13 May - Authorized key personnel for materiality determination and disclosures under SEBI regulations.
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Financial Results For Quarter And Year Ended 31St March, 2025.
13 May - Audited FY25 results approved; new auditors appointed; production start delayed to Sep 2025 (India) and Dec 2026 (Egypt).
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]