Primo Chemicals

Who are the top shareholders of the Primo Chemicals?

The top shareholders of Primo Chemicals include promoter Sukhbir Singh Dahiya with 10.43%, public shareholder Naveen Chopra with 17.54%, and individual investors owning 27.35%. Additionally, 11 mutual fund schemes hold 1.9%, and 5 foreign institutional investors hold 0.11%, with no pledged promoter holdings.

The top shareholders of Primo Chemicals include Sukhbir Singh Dahiya, who is the promoter with the highest holding at 10.43%. The highest public shareholder is Naveen Chopra, holding 17.54%. Additionally, individual investors collectively own 27.35% of the company. There are also 11 mutual fund schemes that hold a combined 1.9%, and 5 foreign institutional investors (FIIs) holding 0.11%. Notably, there are no pledged promoter holdings.

how big is Primo Chemicals?

As of Jun 06, Primo Chemicals Ltd has a market capitalization of 601.01 Cr and reported net sales of 555.56 Cr and a net profit of 3.56 Cr over the latest four quarters. Shareholder's funds are 387.04 Cr, with total assets of 714.15 Cr as of the latest annual period ending in Mar'24.

Market Cap: As of Jun 06, Primo Chemicals Ltd has a market capitalization of 601.01 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: For the latest 4 quarters, the sum of Net Sales is 555.56 Cr, and the sum of Net Profit is 3.56 Cr. This data is on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending in Mar'24. Shareholder's Funds are reported at 387.04 Cr, while Total Assets amount to 714.15 Cr.

Has Primo Chemicals declared dividend?

No Dividend History Available

Who are the peers of the Primo Chemicals?

Primo Chemicals' peers include Tata Chemicals, Chemplast Sanmar, India Glycols, GHCL, Fischer Medical, Indo Borax & Ch., Vikram Thermo, Mangalam Organic, and OCCL. In terms of management risk, GHCL and Chemplast Sanmar are rated excellent, while Primo Chemicals has average management risk and a 1-year return of -29.91%.

Peers: The peers of Primo Chemicals are Tata Chemicals, Chemplast Sanmar, India Glycols, GHCL, Fischer Medical, Indo Borax & Ch., Vikram Thermo, Mangalam Organic, and OCCL.<BR><BR>Quality Snapshot: Excellent management risk is observed at GHCL and Chemplast Sanmar, while Average management risk is found at Tata Chemicals, India Glycols, Fischer Medical, Indo Borax & Ch., Primo Chemicals, Vikram Thermo, Mangalam Organic, and the rest. Below Average management risk is noted at Fischer Medical. Growth is rated as Good at Vikram Thermo, while Below Average growth is seen at Tata Chemicals, Chemplast Sanmar, India Glycols, GHCL, Fischer Medical, Indo Borax & Ch., Primo Chemicals, Mangalam Organic, and the rest. Average capital structure is present at Tata Chemicals, Primo Chemicals, and Mangalam Organic, while Excellent capital structure is noted at GHCL and Indo Borax & Ch.<BR><BR>Return Snapshot: India Glycols has the highest 1-year return at 150.38%, while Andhra Petrochem has the lowest at -44.41%. Primo Chemicals' 1-year return of -29.91% is better than Andhra Petrochem's but worse than India Glycols'. Additionally, the six-month return is negative for Tata Chemicals, Chemplast Sanmar, and Primo Chemicals.

Who are in the management team of Primo Chemicals?

As of March 2022, the management team of Primo Chemicals includes Naveen Chopra (Managing Director), Sukhbir Singh Dahiya (Chairman), and several directors, with Jatin Dahiya being the only member with a specified remuneration of 25.24 lacs INR. Other members include Sugandha Kukreja, Jagbir Singh Ahlawat, Kuldip Singh Suhag, Tilak Raj Bajalia, Ashok Goyal, and Teesta Sandhu.

As of March 2022, the management team of Primo Chemicals includes the following individuals:<BR><BR>1. Sugandha Kukreja - Company Secretary & Compliance Officer<BR>2. Naveen Chopra - Managing Director<BR>3. Sukhbir Singh Dahiya - Chairman (Non-Executive)<BR>4. Jagbir Singh Ahlawat - Director<BR>5. Jatin Dahiya - Director<BR>6. Kuldip Singh Suhag - Independent Director<BR>7. Tilak Raj Bajalia - Independent Director<BR>8. Ashok Goyal - Independent Director<BR>9. Teesta Sandhu - Independent Director<BR><BR>Among these, Jatin Dahiya is the only member with a specified remuneration of 25.24 lacs INR.

What does Primo Chemicals do?

Primo Chemicals Ltd is the largest producer of Caustic Soda in Northern India, operating in the Commodity Chemicals industry. Incorporated in 1975, it reported net sales of 1,554 Cr and a net profit of -4 Cr for the quarter ending March 2025.

Overview:<BR>Primo Chemicals Ltd is the largest producer of Caustic Soda in Northern India, operating within the Commodity Chemicals industry and classified as a Micro Cap company.<BR><BR>History:<BR>Primo Chemicals Ltd was incorporated in December 1975 under the name 'Punjab Alkalies and Chemicals Limited' and changed its name to 'Primo Chemicals Limited' on December 19, 2022. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,554 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: -4 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 632 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 180.00<BR>- Industry P/E: 47<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.42<BR>- Return on Equity: 0.93%<BR>- Price to Book: 1.67<BR><BR>Contact Details:<BR>Address: S C O 125-127, Sector 17 - B Chandigarh Chandigarh ( U T ) : 160017<BR>Tel: 91-172-4072500-01<BR>Email: sharesqueries@punjabalkalies.com<BR>Website: http://www.primochemicals.in

How has been the historical performance of Primo Chemicals?

Primo Chemicals experienced significant fluctuations in financial performance over the past five years, with net sales peaking at 707.38 Cr in March 2023 before declining to 555.56 Cr by March 2025, while operating profit and profit before tax also showed volatility, ultimately recovering to 24.12 Cr in March 2025. Total assets and liabilities increased substantially during this period, and cash flow from operating activities improved to 64.00 Cr in March 2025.

Answer:<BR>The historical performance of Primo Chemicals shows significant fluctuations in key financial metrics over the past five years.<BR><BR>Breakdown:<BR>Primo Chemicals' net sales peaked in March 2023 at 707.38 Cr but declined to 555.56 Cr by March 2025. Total operating income followed a similar trend, reaching its highest at 707.38 Cr in March 2023 before dropping to 555.56 Cr in March 2025. The raw material cost increased steadily, from 171.50 Cr in March 2021 to 337.39 Cr in March 2025, while total expenditure, excluding depreciation, rose from 238.70 Cr in March 2021 to 487.21 Cr in March 2025. Operating profit (PBDIT) saw a peak of 218.52 Cr in March 2023 but fell to 98.24 Cr in March 2025. Profit before tax was notably high at 186.50 Cr in March 2023 but turned negative in March 2024 at -31.43 Cr, before recovering to 24.12 Cr in March 2025. Profit after tax mirrored this volatility, with a high of 133.98 Cr in March 2023 and a loss of 25.86 Cr in March 2024, ultimately reaching 11.36 Cr in March 2025. The company's total assets increased from 245.70 Cr in March 2021 to 740.54 Cr in March 2025, while total liabilities also rose, reflecting a growth from 245.70 Cr to 740.54 Cr over the same period. Cash flow from operating activities improved significantly to 64.00 Cr in March 2025, compared to 13.00 Cr in March 2024, indicating a recovery in operational efficiency.

Is Primo Chemicals overvalued or undervalued?

As of November 21, 2025, Primo Chemicals is considered overvalued with a PE ratio of 53.47 and a shift in valuation from very attractive to attractive, despite being relatively better than peers like Godrej Industries and Solar Industries, while experiencing a significant year-to-date decline of 39.84%.

As of 21 November 2025, the valuation grade for Primo Chemicals has moved from very attractive to attractive, indicating a shift in market perception. The company is currently assessed as overvalued. Key ratios highlight this position: the PE ratio stands at 53.47, the EV to EBITDA ratio is 8.88, and the PEG ratio is notably low at 0.21, suggesting that despite high earnings multiples, growth expectations are not being met.<BR><BR>In comparison to peers, Primo Chemicals' PE ratio is significantly higher than Godrej Industries, which has a PE of 36.48 and is also rated as attractive. Additionally, Solar Industries, deemed very expensive, has a PE of 94.3, indicating that while Primo is relatively better, it still faces valuation pressures. The recent stock performance has been poor, with a year-to-date decline of 39.84% compared to a 9.08% gain in the Sensex, reinforcing the notion that the stock may be overvalued in the current market context.

Is Primo Chemicals technically bullish or bearish?

As of November 25, 2025, the market trend is mildly bearish, with mixed indicators showing some positive momentum but overall bearish sentiment from moving averages and the KST.

As of 25 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is mildly bullish on both weekly and monthly time frames, suggesting some positive momentum, but this is offset by the Bollinger Bands and moving averages, which are both indicating a mildly bearish trend on the weekly and daily charts. The KST is bearish on both weekly and monthly time frames, further supporting the bearish outlook. Additionally, the Dow Theory shows a mildly bullish signal on the weekly chart but is bearish on the monthly chart. Overall, while there are some mildly bullish signals, the prevailing indicators lean towards a bearish sentiment.

When is the next results date for Primo Chemicals Ltd?

The next results date for Primo Chemicals Ltd is 12 February 2026.

The next results date for Primo Chemicals Ltd is scheduled for 12 February 2026.

Which are the latest news on Primo Chemicals?

Are Primo Chemicals Ltd latest results good or bad?

Primo Chemicals Ltd's latest Q2 FY26 results are largely negative, showing a net profit increase of only 1.96% quarter-on-quarter but a significant 67.83% decline year-on-year, alongside a drop in net sales and operating margin. Analysts recommend a "SELL" due to concerns about the company's financial health and operational challenges.

Primo Chemicals Ltd's latest results for Q2 FY26 reveal a mixed performance that leans towards the negative side. The company reported a net profit of ₹4.16 crores, which is a slight increase of 1.96% compared to the previous quarter. However, this figure represents a significant decline of 67.83% year-on-year, indicating serious profitability challenges.<BR><BR>Net sales for the quarter were ₹134.74 crores, down 5.07% from the previous quarter, although there was a marginal year-on-year increase of 0.28%. This decline in sales, particularly after a strong growth in the previous quarter, suggests weakening demand in the caustic soda market, which is a core area for the company.<BR><BR>Additionally, the operating margin has contracted to 11.35%, down from 14.37% in the prior quarter, reflecting rising input costs and operational inefficiencies. The company's return on equity has also dropped significantly, indicating deteriorating capital efficiency.<BR><BR>Overall, while there are some positive aspects, such as a slight quarter-on-quarter profit increase, the substantial year-on-year declines in both profit and operating margin, along with ongoing operational challenges, suggest that the latest results are not favorable. Analysts have rated the company with a "SELL" recommendation, reflecting concerns about its financial health and future prospects.

Why is Primo Chemicals Ltd falling/rising?

As of 12-Feb, the stock price of Primo Chemicals Ltd is currently at 22.44, reflecting a short-term rise but a year-to-date decline of 6.30%. Despite outperforming the sector today, the stock's longer-term trends and declining investor participation indicate potential challenges ahead.

As of 12-Feb, the stock price of Primo Chemicals Ltd is rising, currently at 22.44, with a change of 0.15 (0.67%) upward. This increase is notable as the stock has outperformed the sector by 1.01% today. Additionally, over the past week, the stock has shown a positive return of 2.47%, compared to a modest 0.43% increase in the Sensex, indicating a stronger performance relative to the broader market.<BR><BR>However, it is important to note that while the stock is experiencing a short-term rise, its year-to-date performance shows a decline of 6.30%, and it has dropped 20.62% over the past year. The stock's current price is higher than its 5-day and 20-day moving averages, which suggests a positive short-term trend, but it remains below its longer-term moving averages (50-day, 100-day, and 200-day), indicating potential challenges in sustaining this upward momentum.<BR><BR>Moreover, there has been a decline in investor participation, with delivery volume falling by 19.81% against the 5-day average, which could signal a lack of confidence among investors despite the recent price increase. Overall, while the stock is rising today, the broader context of its performance and investor behavior suggests caution.

Should I buy, sell or hold Primo Chemicals Ltd?