Prime Industries

Why is Prime Industries Ltd falling/rising?

As of 08-Aug, Prime Industries Ltd's stock price is Rs 38.35, down 3.86% and has declined for eight consecutive days, totaling a 13.68% drop. Despite strong financial growth, the stock has underperformed significantly, trading below its moving averages and experiencing decreased investor interest.

As of 08-Aug, Prime Industries Ltd is experiencing a decline in its stock price, currently at Rs 38.35, reflecting a change of -1.54 (-3.86%). The stock has been on a downward trend, having fallen consecutively for the last eight days, resulting in a total decline of -13.68% during this period. This consistent underperformance is evident as the stock has underperformed the sector by -4.99% today and has shown significant losses over various time frames, including -11.64% over the past week and -12.64% over the past month.<BR><BR>The stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Additionally, investor participation has decreased, with delivery volume dropping by -35.99% compared to the 5-day average, suggesting reduced interest from investors.<BR><BR>Despite some positive factors, such as being net-debt free and having impressive growth in net sales and operating profit, the stock's recent performance has been overshadowed by its consistent underperformance against benchmarks. Over the past year, while the company has seen a significant increase in profits by 472%, the stock itself has generated a return of -35.96%, indicating a disconnect between the company's financial health and its stock performance. This combination of factors contributes to the ongoing decline in the stock price of Prime Industries Ltd.

Which are the latest news on Prime Industries?

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.

Should I buy, sell or hold Prime Industries Ltd?

What does Prime Industries do?

Prime Industries Ltd is a micro-cap company in the edible oil industry, reporting net sales of 28 Cr and a net profit of 1 Cr for March 2026. It was incorporated in 1992 and has a market cap of INR 99 Cr, with a P/E ratio of 11.00.

Overview:<BR>Prime Industries Ltd operates in the edible oil industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was incorporated in October 1992 and was formerly known as Prime Proteins Limited. It changed its name to Prime Industries Limited on February 24, 1995. The latest quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 28 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 99 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 11.00 <BR>Industry P/E: 32 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.01 <BR>Return on Equity: 21.40% <BR>Price to Book: 2.51 <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

How big is Prime Industries?

As of 10th June, Prime Industries Ltd has a market capitalization of 99.00 Cr, with recent net sales of 90.54 Cr and a net profit of 8.42 Cr. Shareholder's funds are 38.02 Cr and total assets are valued at 58.47 Cr as of March 2025.

As of 10th June, Prime Industries Ltd has a market capitalization of 99.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Prime Industries reported Net Sales of 90.54 Cr and a Net Profit of 8.42 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds amounted to 38.02 Cr and Total Assets were valued at 58.47 Cr.

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). This diverse team provides strong leadership and oversight for the company.

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 brings a mix of leadership and independent oversight to the company.

Who are the peers of the Prime Industries?

Peers of Prime Industries include Vijay Solvex, Ajanta Soya, M K Proteins, Sarda Proteins, Raj Oil Mills, Diligent Industries, and Rajgor Castor. Prime Industries has excellent growth and capital structure, with a 1-year return of -35.71%, better than Ajanta Soya's -47.07% but worse than Suraj Industries' 73.56%.

Peers: The peers of Prime Industries are Vijay Solvex, Ajanta Soya, M K Proteins, Sarda Proteins, Raj Oil Mills, Diligent Indust., and Rajgor Castor.<BR><BR>Quality Snapshot: Excellent management risk is observed at Rajgor Castor, while Below Average management risk is found at Vijay Solvex, Sarda Proteins, Diligent Indust., and Prime Industries, and Average management risk is noted at Ajanta Soya and M K Proteins. Growth is Excellent at Prime Industries and Rajgor Castor, while Below Average growth is seen at Vijay Solvex, Ajanta Soya, M K Proteins, Sarda Proteins, and the rest. Capital Structure is Excellent at Vijay Solvex, Ajanta Soya, M K Proteins, and Prime Industries, Good at Sarda Proteins, and Below Average at Diligent Indust.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Suraj Industries at 73.56%, while Ajanta Soya has the lowest at -47.07%, and Prime Industries' 1-year return of -35.71% is better than Ajanta Soya's but worse than Suraj Industries'. Additionally, the six-month return is negative for Vijay Solvex, M K Proteins, Diligent Indust., and Raj Oil Mills.

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