Prime Industries

Which are the latest news on Prime Industries?

Why is Prime Industries Ltd falling/rising?

As of 05-Sep, Prime Industries Ltd's stock price is rising to Rs 40.70, up 3.06% today, driven by increased investor interest and significant trading volume. Despite a year-to-date decline of 18.06%, the current upward trend indicates a potential short-term recovery.

As of 05-Sep, Prime Industries Ltd's stock price is rising, currently at Rs 40.70, reflecting a change of Rs 1.21 or 3.06% increase. This upward movement is supported by several factors. Notably, the stock opened with a gain of 3.19% today and reached an intraday high of Rs 40.75. Additionally, the stock has outperformed its sector by 2.85%. <BR><BR>Investor participation has also increased significantly, with a delivery volume of 14.17k on September 3, which is a remarkable rise of 1249.11% compared to the 5-day average delivery volume. This surge in trading activity indicates growing interest among investors, contributing to the stock's price increase.<BR><BR>Despite the positive performance today, it is important to note that the stock has experienced a decline of 18.06% year-to-date and 22.76% over the past year. However, the current rise in price suggests a short-term recovery or positive sentiment among investors, as evidenced by today's trading performance.

Who are in the management team of Prime Industries?

The management team of Prime Industries includes R K Singhania (Managing Director), H S Arora (Director), and several independent directors: Ashwani Kumar, Rajiv Kalra, Anil Kumar Bhatia, Deepak Chauhan, and Ritu Sarin, along with Sandhya Gopi (Company Secretary) and Saket Agarwal (Non-Executive Director). They oversee the company's operations and governance.

The management team of Prime Industries includes the following individuals:<BR><BR>1. R K Singhania - Managing Director<BR>2. H S Arora - Director<BR>3. Ashwani Kumar - Independent Director<BR>4. Rajiv Kalra - Independent Director<BR>5. Anil Kumar Bhatia - Independent Director<BR>6. Sandhya Gopi - Company Secretary & Compliance Officer<BR>7. Saket Agarwal - Non-Executive Director<BR>8. Deepak Chauhan - Independent Director<BR>9. Ritu Sarin - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and governance.

What does Prime Industries do?

Prime Industries Ltd manufactures edible oil products and operates in the micro-cap market, with a net sales of 9 Cr and a net profit of 1 Cr as of June 2026. The company has a market cap of INR 86 Cr and a P/E ratio of 10.00.

Overview:<BR>Prime Industries Ltd is engaged in the manufacture of edible oil products and operates within the micro-cap market segment.<BR><BR>History:<BR>The company was incorporated in October 1992 as Prime Proteins Limited and changed its name to Prime Industries Limited on February 24, 1995. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 9 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 1 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 86 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 10.00<BR>- Industry P/E: 31<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: -0.01<BR>- Return on Equity: 21.40%<BR>- Price to Book: 2.14<BR><BR>Contact Details:<BR>Address: Master Chambers, 19 Feroze Gandhi Market Ludhiana Punjab : 141001<BR>Tel: 91-161-3911525<BR>Email: prime_indust@yahoo.com<BR>Website: https://www.primeindustrieslimited.com

Who are the peers of the Prime Industries?

Prime Industries' peers include Sarda Proteins, Raj Oil Mills, Diligent Industries, N K Industries, Poona Dal & Oil, and Rajgor Castor. Key metrics show Prime Industries has below average management risk, excellent growth, and a 1-year return of -18.15%, while Diligent Industries has the highest negative return at -30.33%.

Peers: The peers of Prime Industries are Sarda Proteins, Raj Oil Mills, Diligent Indust., N K Industries, Poona Dal & Oil, and Rajgor Castor.<BR><BR>Quality Snapshot: Excellent management risk is observed at Rajgor Castor, while Below Average management risk is found at Prime Industries, Sarda Proteins, Diligent Indust., and Poona Dal & Oil, and the rest do not qualify. Excellent growth is seen at Prime Industries and Rajgor Castor, while Below Average growth is noted at Sarda Proteins and Poona Dal & Oil, and Good growth is observed at Diligent Indust. The Capital Structure is Excellent for Prime Industries, Good for Sarda Proteins and Poona Dal & Oil, Below Average for Diligent Indust., and Average for Rajgor Castor, with the rest not qualifying.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Diligent Indust. at -30.33%, while the lowest is Sarda Proteins and Rajgor Castor, both at N/A, and Prime Industries has a 1-year return of -18.15%, which is better than Diligent Indust. Peers with negative six-month returns include Diligent Indust., N K Industries, Poona Dal & Oil, and Raj Oil Mills.

How big is Prime Industries?

As of 31st August, Prime Industries Ltd has a market capitalization of 86.00 Cr and reported net sales of 99.56 Cr and net profit of 8.90 Cr over the latest four quarters.

As of 31st August, <BR><BR>Market Cap: Prime Industries Ltd has a market capitalization of 86.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 99.56 Cr, while the sum of Net Profit for the same period is 8.90 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 38.02 Cr and Total Assets valued at 58.47 Cr.

Should I buy, sell or hold Prime Industries Ltd?

When is the next results date for Prime Industries Ltd?

The next results date for Prime Industries Ltd is 10 August 2026.

The next results date for Prime Industries Ltd is scheduled for 10 August 2026.

Are Prime Industries Ltd latest results good or bad?

The latest results for Prime Industries Ltd are concerning, showing a 5.26% revenue growth but a sharp 57.14% decline in net profit and a significant drop in operating margins. This indicates operational challenges and raises doubts about the company's future sustainability, making the overall performance appear bad.

The latest results for Prime Industries Ltd indicate a challenging situation for the company. While there was a modest sequential revenue growth of 5.26%, increasing from ₹26.24 crores to ₹27.62 crores, this improvement was overshadowed by a significant decline in profitability. The net profit fell sharply by 57.14% quarter-on-quarter, dropping to ₹1.44 crores, and the operating margin decreased dramatically from 24.12% to 12.13%. <BR><BR>This combination of rising costs and declining margins suggests that the company is facing operational challenges that are impacting its ability to sustain profitability. Additionally, the stock has underperformed significantly over the past year, declining by 32.30%, which raises concerns about investor confidence and the company's future prospects.<BR><BR>Overall, the financial performance reflects a troubling inconsistency, with significant volatility in results that raises questions about the sustainability of the business model. Therefore, the latest results can be characterized as bad, highlighting critical operational issues that need to be addressed.

How has been the historical performance of Prime Industries?

Prime Industries reported no net sales in the fiscal year ending March 2025, but achieved a profit after tax of 1.47 due to other income. However, concerns about operational viability arise from negative cash flow and the absence of revenue generation.

Answer:<BR>The historical performance of Prime Industries shows a mixed picture, with significant changes in various financial metrics over the years.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Prime Industries reported net sales and total operating income of 0.00, indicating no revenue generation. The total expenditure, excluding depreciation, was 0.44, leading to an operating profit (PBDIT) of -0.44 before accounting for other income. However, the company recorded other income of 3.41, resulting in an operating profit of 2.97. After accounting for interest expenses of 1.02 and depreciation of 0.02, the profit before tax stood at 1.93, with a profit after tax of 1.47. The earnings per share (EPS) for the period was 0.7, while the diluted EPS was 0.87. The company’s total assets increased to 58.47 from 51.75 in the previous year, with total liabilities also rising to 58.47. Cash flow from operating activities was negative at -18.00, although cash and cash equivalents at the end of the period were 29.00, up from 26.00 the previous year. Overall, while Prime Industries has shown some profitability in terms of net profit, the lack of sales revenue and negative cash flow from operations raises concerns about its operational viability.

How has been the historical performance of Prime Industries?

Prime Industries has experienced a significant decline in net sales and profitability, with sales dropping from 12.83 Cr in Mar'20 to 0.00 Cr in Mar'25, while total assets increased from 8.00 Cr to 58.47 Cr, indicating a troubling trend of declining operational performance despite growing financial burdens.

Answer:<BR>The historical performance of Prime Industries shows significant fluctuations in its financial metrics over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Prime Industries experienced a decline in net sales from 12.83 Cr in Mar'20 to 0.00 Cr in Mar'25, indicating a complete cessation of sales activity. The total operating income followed a similar trend, dropping from 12.83 Cr in Mar'20 to 0.00 Cr in Mar'25. Operating profit (PBDIT) also reflected this downturn, moving from a profit of 0.75 Cr in Mar'20 to a loss of 1.46 Cr in Mar'25. Profit before tax and profit after tax showed a similar pattern, with profit before tax decreasing from 0.75 Cr in Mar'20 to 1.93 Cr in Mar'25, while profit after tax fell from 0.75 Cr in Mar'20 to 1.47 Cr in Mar'25. The company's total assets increased from 8.00 Cr in Mar'20 to 58.47 Cr in Mar'25, primarily due to a rise in cash and bank balances, which grew from 1.66 Cr in Mar'20 to 29.82 Cr in Mar'25. However, total liabilities also increased from 8.00 Cr in Mar'20 to 58.47 Cr in Mar'25, indicating a growing financial burden. Overall, the data reveals a troubling trend of declining operational performance despite an increase in total assets and cash reserves.

Who are the top shareholders of the Prime Industries?

The top shareholders of Prime Industries are Race Eco Chain Limited with 20.71%, and promoter Rajinder Kumar Singhania with 11.19%. Individual investors hold a total of 36.67%, with no mutual funds or foreign institutional investors involved, and no pledged promoter holdings.

The top shareholders of Prime Industries include Race Eco Chain Limited, which holds the largest public share at 20.71%. The promoter with the highest individual holding is Rajinder Kumar Singhania, who owns 11.19%. Additionally, individual investors collectively hold 36.67% of the shares. There are no mutual funds or foreign institutional investors currently holding shares in the company, and there are no pledged promoter holdings.

Is Prime Industries overvalued or undervalued?

As of May 28, 2025, Prime Industries is considered risky and overvalued due to a high PE ratio of 100.69, negative EV metrics, a low ROE of 4.67%, and a significant year-to-date stock decline of 58.38%, contrasting with the Sensex's gain of 5.61%.

As of 28 May 2025, the valuation grade for Prime Industries has moved from very expensive to risky, indicating a significant shift in its perceived value. The company is currently overvalued based on its high PE ratio of 100.69 and a negative EV to EBIT and EV to EBITDA of -165.55, which suggest that the market is pricing the stock excessively compared to its earnings potential. Additionally, the ROE stands at a mere 4.67%, further highlighting the inefficiency in generating returns for shareholders.<BR><BR>When compared to peers in the Edible Oil industry, Prime Industries' valuation metrics appear unfavorable. For instance, while Prime has a PE ratio of 100.69, other companies in the sector may offer more attractive valuations. The company's recent stock performance has been dismal, with a year-to-date decline of 58.38%, contrasting sharply with the Sensex's gain of 5.61% in the same period. This underperformance reinforces the notion that Prime Industries is currently overvalued.

What is the technical trend for Prime Industries?

As of June 5, 2025, Prime Industries exhibits a mildly bearish technical trend, influenced by bearish daily moving averages and mixed signals from MACD and Bollinger Bands.

As of 5 June 2025, the technical trend for Prime Industries has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The Bollinger Bands are showing a mildly bearish trend on both weekly and monthly time frames. Daily moving averages are bearish, suggesting short-term weakness. The KST is mildly bullish weekly but bearish monthly, and Dow Theory reflects a mildly bearish outlook weekly, contrasting with a mildly bullish stance monthly. Overall, the current technical stance is mildly bearish, driven primarily by the bearish daily moving averages and the mixed signals from MACD and Bollinger Bands.

Has Prime Industries declared dividend?

No Dividend History Available