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 05 May 2026.

The next results date for Primo Chemicals Ltd is scheduled for 05 May 2026.

Should I buy, sell or hold Primo Chemicals Ltd?

Are Primo Chemicals Ltd latest results good or bad?

Primo Chemicals Ltd's latest results show a significant sequential profit increase, with a net profit of ₹6.07 crore for Q4 FY26, up 478.10% from the previous quarter. However, year-on-year sales declined by 6.79%, and the reliance on other income raises concerns about the sustainability of profitability, indicating mixed overall performance.

Primo Chemicals Ltd's latest results present a mixed picture. On one hand, the company reported a consolidated net profit of ₹6.07 crore for Q4 FY26, which is a remarkable 478.10% increase compared to the previous quarter. This indicates a significant recovery from a loss of ₹0.34 crore in the prior quarter. Additionally, net sales showed a sequential growth of 3.37%, reaching ₹144.86 crore.<BR><BR>However, when looking at year-on-year performance, the situation is less favorable. Net sales declined by 6.79% compared to the same quarter last year, and the operating margin, excluding other income, decreased by 231 basis points to 13.13%. This reflects ongoing challenges in the commodity chemicals sector, including pricing pressures and demand fluctuations.<BR><BR>Moreover, a concerning aspect of the results is the heavy reliance on other income, which constituted 72.34% of profit before tax. This raises questions about the sustainability of the reported profitability, as core operations generated only ₹2.16 crore in profit before tax.<BR><BR>Overall, while the quarterly results show some positive trends, the underlying issues regarding revenue decline, margin compression, and earnings quality suggest that the company is still navigating significant challenges. Therefore, the results can be characterized as good in terms of sequential recovery, but bad when considering the year-on-year performance and the quality of earnings.

Why is Primo Chemicals Ltd falling/rising?

As of 01-Jun, the stock price of Primo Chemicals Ltd is currently at 22.02, reflecting a decline of -4.84%. Despite a brief gain earlier in the day, the stock has underperformed significantly over various time frames, with a notable 67.19% decrease over the past 3 years.

As of 01-Jun, the stock price of Primo Chemicals Ltd is falling, currently at 22.02, which reflects a change of -1.12 or -4.84%. This decline is evident despite the stock opening with a gain of 7.17% earlier in the day, reaching an intraday high of Rs 24.8. However, it also experienced significant volatility, with a day's low of Rs 21.8, indicating a wide trading range of Rs 3.<BR><BR>The stock has underperformed its sector by 4.37% today, which contributes to the overall negative sentiment. Additionally, over the past month, the stock has decreased by 4.76%, while the year-to-date performance shows a decline of 8.06%. The longer-term perspective is even more concerning, with a 1-year drop of 14.91% and a staggering 67.19% decrease over the past 3 years, contrasting sharply with the Sensex's positive return of 18.96% in the same period.<BR><BR>Despite a rise in investor participation, as indicated by a 68.35% increase in delivery volume on 29 May, the overall trend remains negative, suggesting that the stock's recent performance and broader market conditions are contributing to its falling price.

Which are the latest news on Primo Chemicals?