On 6 Nov 2026, Platinum Industries was priced at ₹213.65, or 23.3× trailing earnings, against an industry P/E of 22.1×, and the shares are 25% below their 52-week high. Its ROCE of 15% is the second-lowest among the 7 largest Specialty Chemicals peers, and sales and net profit grew 25% and 11% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹1,173 Cr, ranked 78th of 204 Specialty Chemicals companies by market cap; the shares fell 22% over the past year.
- ₹213.68
- ₹217.00
- ₹210.00
- ₹213.68
- 1.1 L
Health check
- ReturnsBehind
−22.4% over a year, better than 0 of 7 peers.
- Price tagIn line
P/E 23.3 vs industry 22.1.
- GrowthSteady
Sales +24.8%, profit +11.1% a year over 3 years.
- ProfitabilityWeak
ROCE 14.7% vs peer median 24.4%.
- Balance sheetStretched
Practically debt-free, Piotroski 3 of 9.
- Red flags2 to check
Quarterly profit down 12.4% on a year ago.
Small cap
Defensive
Key metrics
- Market cap
- ₹1,173 Cr
- Small cap
- P/E
- 23.3
- Industry 22.1
- Price to book
- 2.65
- Peers 13.33
- Dividend yield
- 0.00%
- ROE
- 12.6%
- Peers 23.0%
- ROCE
- 14.7%
- Peers 24.4%
- Debt to equity
- 0.02
- Debt ₹10 Cr
- EPS (TTM)
- ₹9.18
- Face value ₹10
- OPM (TTM)
- 13.1%
- Net margin 11.3%
- Sales growth
- −5.6%
- Latest quarter vs a year ago
- Profit growth
- −12.4%
- Latest quarter vs a year ago
- Price to sales
- 2.64
- EV/EBITDA 18.4
Strengths and risks
Strengths
- Practically debt-free.
Risks to check
- Quarterly profit down 12.4% on a year ago.
- Quarterly sales down 5.6% on a year ago.
About Platinum Industries
Platinum Industries Limited engages in the manufacture and sale of poly vinyl chloride (PVC) stabilizers, chlorinated polyvinyl chloride (CPVC), lubricants, stearates, and speciality chemicals in India and internationally. The company offers lead based and non-lead-based stabilisers; CPVC additives; and metallic soaps, such as calcium, zinc, barium, magnesium, and aluminium stearates. It also provides CPVC compounds and add packs; and lubricants, such as…
- Headquarters
- Mumbai
- Employees
- 155
- Sector
- Basic Materials
- ISIN
- INE0PT501018
- Website
- platinumindustriesltd.com
Price range
- Avg volume (3M)
- 2.9 L
- 1-year return
- minus 22.4%
- From 52-week high
- minus 25.0%
Peers · Specialty Chemicals
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ASIANPAINTAsian Paints | 2,546.00 | plus 0.88% | 2,44,025 | 50.5 | 35.0 | 24.4% | 18.9% | 0.21 | 1.1% | plus 1.5% |
| SOLARINDSSolar Industries India | 18,608.00 | plus 0.48% | 1,68,384 | 74.4 | 64.1 | 29.5% | 27.8% | 0.22 | 12.4% | plus 35.9% |
| PIDILITINDPidilite Industries | 1,579.00 | plus 1.63% | 1,60,827 | 60.0 | 44.4 | 28.5% | 23.5% | 0.03 | 7.4% | plus 6.8% |
| LINDEINDIALinde India | 6,859.00 | plus 8.73% | 58,496 | 118.4 | 64.2 | 16.3% | 31.5% | 0.23 | – | plus 5.4% |
| BERGEPAINTBerger Paints India | 478.35 | minus 5.28% | 55,776 | 45.4 | 29.4 | 20.6% | 15.3% | 0.15 | 4.2% | minus 6.0% |
| FLUOROCHEMGujarat Fluorochemicals | 4,665.50 | minus 0.94% | 51,251 | 75.9 | 44.0 | 9.6% | 24.1% | 0.26 | −4.5% | plus 28.0% |
| ACUTAASAcutaas Chemicals | 3,786.60 | plus 0.42% | 31,001 | 70.9 | 64.1 | 27.7% | 39.4% | 0.01 | 29.4% | plus 105.6% |
| PLATINDPlatinum Industries | 213.65 | minus 0.01% | 1,173 | 23.3 | 17.6 | 14.7% | 13.1% | 0.02 | 24.8% | minus 22.4% |
| Median of 7 peers | – | 0.48% | 58,496 | 70.9 | 44.4 | 24.4% | 24.1% | 0.21 | 5.8% | 6.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 115 | 98.4 | 105 | 132 | 109 | |
| 100 | 84.8 | 88.9 | 117 | 95.5 | |
| 15.2 | 13.6 | 15.8 | 15.3 | 13.4 | |
| 13.1% | 13.8% | 15.1% | 11.6% | 12.3% | |
| 4.7 | 4.1 | 3.2 | 3.4 | 3.8 | |
| 0.7 | 1 | 0.6 | 0.6 | 0.5 | |
| 1.3 | 1.4 | 1.6 | 1.6 | 1.8 | |
| – | −0.5 | – | – | – | |
| 17.8 | 14.8 | 16.8 | 16.5 | 15 | |
| 26.6% | 25.7% | 26.6% | 10.0% | 25.6% | |
| 12.7 | 11.6 | 12.6 | 15.1 | 11.1 | |
| 2.32 | 2.11 | 2.29 | 2.75 | 2.03 |
Profit & loss
- Sales CAGR 3Y
- +24.8%
- Profit CAGR 3Y
- +11.1%
- EPS CAGR 3Y
- +11.1%
- ROE
- 12.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 231 | 264 | 392 | 450 | |
| – | +14.2% | +48.3% | +14.8% | |
| 177 | 203 | 334 | 390 | |
| 53.9 | 61.2 | 57.9 | 59.9 | |
| 23.3% | 23.2% | 14.8% | 13.3% | |
| 1 | 1.4 | 16.6 | 14.3 | |
| 2.1 | 1.7 | 2.4 | 1.8 | |
| 1.8 | 2.9 | 4.1 | 5.9 | |
| – | 0.3 | −0.5 | −0.5 | |
| 50.9 | 58.4 | 67.4 | 65.9 | |
| 26.2% | 25.5% | 26.8% | 22.2% | |
| 37.9 | 43.7 | 49.1 | 52 | |
| – | +15.4% | +12.3% | +5.8% | |
| 6.90 | 10.55 | 8.94 | 9.46 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 40.3 | 54.9 | 54.9 | 54.9 | |
| 21.6 | 276 | 328 | 388 | |
| 21.8 | 11.3 | 17 | 10.4 | |
| 37.4 | 52.5 | 71 | 95.6 | |
| 121 | 395 | 471 | 549 | |
| 37.5 | 52.6 | 107 | 134 | |
| 3.1 | 12.3 | 45.1 | 47 | |
| – | – | – | 1.7 | |
| 10.2 | 251 | 161 | 131 | |
| 70.2 | 78.8 | 158 | 235 | |
| 121 | 395 | 471 | 549 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 38.3 | 32.7 | −3.8 | −1.4 | |
| −36.6 | −80.8 | −162 | 56.9 | |
| 0.5 | 220 | −0.7 | −9.6 | |
| 2.1 | 172 | −166 | 45.9 | |
| −28 | −16.2 | −59.2 | −37.6 | |
| 10.3 | 16.5 | −62.9 | −39 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 3.7% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.