Prime Industries

Why is Prime Industries Ltd falling/rising?

As of 10-Jun, Prime Industries Ltd's stock price is Rs 45.00, down 4.05% today and has shown a consistent negative trend over various periods, including a 36.08% decline over the past year. Despite increased investor participation, the stock continues to underperform significantly compared to its sector and the benchmark Sensex.

As of 10-Jun, Prime Industries Ltd's stock price is falling, currently at Rs 45.00, reflecting a decrease of Rs 1.9 or 4.05%. This decline is evident in today's performance, where the stock opened with a loss of 3.94% and reached an intraday low of Rs 44.56, marking a drop of 4.99%. Additionally, the stock has underperformed its sector by 2.57% today.<BR><BR>Looking at the broader context, the stock has shown a negative trend over various periods. Over the past week, it has decreased by 1.23%, and in the last month, it has fallen by 4.40%. Year-to-date, the decline is 9.40%, and over the past year, the stock has plummeted by 36.08%. In stark contrast, the stock's performance over three years shows a significant drop of 64.22%, while the benchmark Sensex has increased by 18.14% during the same period.<BR><BR>Despite a notable rise in investor participation, with a delivery volume increase of 180.95% against the 5-day average, the overall sentiment remains negative, contributing to the stock's current downward trajectory. The stock's moving averages indicate that it is performing lower than the 5-day and 20-day moving averages, further supporting the trend of decline.

Which are the latest news on Prime Industries?

Should I buy, sell or hold Prime Industries Ltd?

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.

When is the next results date for Prime Industries Ltd?

The next results date for Prime Industries Ltd is 12 February 2026.

The next results date for Prime Industries Ltd is scheduled for 12 February 2026.

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.

What does Prime Industries do?

Prime Industries Ltd is a micro-cap company in the edible oil industry, primarily manufacturing Vanaspati Ghee. As of March 2025, it reported a net profit of 3 Cr and has a market cap of INR 125 Cr.

Overview:<BR>Prime Industries Ltd is a micro-cap company operating in the edible oil industry, primarily engaged in the manufacture of Vanaspati Ghee.<BR><BR>History:<BR>Incorporated in October 1992, the company was originally known as Prime Proteins Limited and changed its name to Prime Industries Limited on February 24, 1995. The latest quarterly results reported a net profit of 3 Cr for March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 3 Cr (Quarterly Results - Mar 2025)<BR>Market-cap value: INR 125 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 82.00<BR>Industry P/E: 32<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.52<BR>Return on Equity: 4.67%<BR>Price-to-Book: 3.94<BR><BR>Contact Details:<BR>Address: Master Chambers, 19 Feroze Gandhi Market Ludhiana Punjab : 141001<BR>Phone: 91-161-3911525<BR>Email: prime_indust@yahoo.com<BR>Website: https://www.primeindustrieslimited.com

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.

how big is Prime Industries?

As of Jun 06, Prime Industries Ltd has a market capitalization of 153.00 Cr, with net sales of 0.00 Cr and a net profit of 1.48 Cr over the latest four quarters. Shareholder's funds are 22.27 Cr, and total assets amount to 51.75 Cr as of Mar 24.

As of Jun 06, Prime Industries Ltd has a market capitalization of 153.00 Cr, categorizing it as a Micro Cap company.<BR><BR>As of Jun 06, the recent quarterly performance shows that the sum of Net Sales for the latest four quarters is 0.00 Cr, while the sum of Net Profit for the same period is 1.48 Cr. This data is based on Standalone financials.<BR><BR>As of Mar 24, the balance sheet snapshot indicates that this is Standalone data for the latest annual period. Shareholder's Funds are reported at 22.27 Cr, and Total Assets amount to 51.75 Cr.

Who are in the management team of Prime Industries?

As of March 2023, 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).

As of March 2023, 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 comprises a mix of executive and independent directors, along with a compliance officer, overseeing the company's operations and governance.

Has Prime Industries declared dividend?

No Dividend History Available

Who are the peers of the Prime Industries?

Prime Industries' peers include Marico, Patanjali Foods, AWL Agri Business, Gokul Agro, Sundrop Brands, Raj Oil Mills, and Ambo Agritec. In terms of management risk, growth, and capital structure, Marico shows excellent performance, while Prime Industries has average management risk, below average growth, and below average capital structure.

Peers: The peers of Prime Industries are Marico, Patanjali Foods, AWL Agri Busine., Gokul Agro, Sundrop Brands, Raj Oil Mills, and Ambo Agritec.<BR><BR>Quality Snapshot: Excellent management risk is observed at Marico, while Average management risk is found at Patanjali Foods, Gokul Agro, Sundrop Brands, Ambo Agritec, and Prime Industries, and Below Average management risk is noted at AWL Agri Busine. Good growth is seen at Patanjali Foods and AWL Agri Busine., while Excellent growth is found at Gokul Agro, and Below Average growth is noted at Marico, Prime Industries, and Sundrop Brands, with Average growth at Ambo Agritec. Excellent capital structure is observed at Marico and Sundrop Brands, while Good capital structure is found at Patanjali Foods, AWL Agri Busine., and Gokul Agro, and Below Average capital structure is noted at Prime Industries and Ambo Agritec.<BR><BR>Return Snapshot: Gokul Agro has the highest 1-year return at 72.19%, while AWL Agri Busine. has the lowest at -27.23%. Prime Industries' 1-year return is -65.87%, which is significantly lower than both extremes. Additionally, AWL Agri Busine., Gokul Agro, and Ambo Agritec have negative six-month returns.