Primo Chemicals

Which are the latest news on Primo Chemicals?

Why is Primo Chemicals Ltd falling/rising?

As of 05-Sep, Primo Chemicals Ltd's stock price is rising to 21.46, up 1.95%, driven by recent gains, increased investor interest, and outperformance against its sector. Despite longer-term declines, the stock shows a positive short-term trend.

As of 05-Sep, Primo Chemicals Ltd's stock price is rising, currently at 21.46, reflecting an increase of 0.41 or 1.95%. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.63% today, indicating a stronger performance relative to its peers. Additionally, it has been gaining for the last two days, with a total return of 2.19% during this period. <BR><BR>Investor participation has also increased, as evidenced by a significant rise in delivery volume, which was 1.06 lacs on September 3, marking an 88.3% increase compared to the 5-day average. This suggests growing interest and confidence among investors in the stock. <BR><BR>While the stock has shown a decline over longer periods, such as a 16.53% drop over the past year and a 66.94% drop over three years, the recent performance indicates a positive short-term trend. The current price is higher than the 5-day moving averages, although it remains below the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting that while there is a short-term rise, it may still be recovering from longer-term declines. Overall, the combination of recent gains, increased investor participation, and outperformance against the sector contributes to the current rise in Primo Chemicals Ltd's stock price.

Who are in the management team of Primo Chemicals?

The management team of Primo Chemicals includes Sugandha Kukreja (Company Secretary), Naveen Chopra (Managing Director), Sukhbir Singh Dahiya (Chairman), and several directors, including independent members. They are responsible for the company's strategic direction and regulatory compliance.

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>This team plays a crucial role in guiding the company's strategic direction and ensuring compliance with regulations.

What does Primo Chemicals do?

Primo Chemicals Ltd, the largest Caustic Soda producer in Northern India, operates in the Commodity Chemicals industry and reported net sales of 140 Cr and a net profit of 5 Cr for June 2026. The company, formerly known as Punjab Alkalies and Chemicals Limited, has a market cap of INR 521 Cr and a P/E ratio of 32.00.

Overview:<BR>Primo Chemicals Ltd is the largest producer of Caustic Soda in Northern India, operating in 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 June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 140 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 5 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 521 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 32.00 <BR>Industry P/E: 43 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.31 <BR>Return on Equity: 3.83% <BR>Price to Book: 1.28 <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

Who are the peers of the Primo Chemicals?

Primo Chemicals' peers include Sr.Rayala.Hypo, Transpek Inds., Tuticorin Alkali, and others, with varying management risks and growth rates. In terms of returns, Kanoria Chem. leads with a 90.55% one-year return, while Primo Chemicals has a return of -17.26%.

Peers: The peers of Primo Chemicals are Sr.Rayala.Hypo, Transpek Inds., Tuticorin Alkali, Kanoria Chem., Chemfab Alka., Blue Pearl Agri, POCL Enterprises, Mangalam Organic, and Lords Chloro.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sr.Rayala.Hypo, Transpek Inds., Tuticorin Alkali, Chemfab Alka., and the rest. Average management risk is found at Blue Pearl Agri, POCL Enterprises, Mangalam Organic, Lords Chloro, and Primo Chemicals. Below Average management risk is noted at Kanoria Chem. Growth is excellent at POCL Enterprises, good at Tuticorin Alkali and Lords Chloro, average at Blue Pearl Agri, and below average at Sr.Rayala.Hypo, Transpek Inds., Chemfab Alka., Kanoria Chem., Mangalam Organic, and Primo Chemicals.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kanoria Chem. at 90.55%, while the lowest is Blue Pearl Agri at -92.33%. Primo Chemicals has a 1-year return of -17.26%, which is better than Blue Pearl Agri but worse than Kanoria Chem. Additionally, Chemfab Alka., Blue Pearl Agri, POCL Enterprises, and Mangalam Organic have negative six-month returns.

How big is Primo Chemicals?

As of 31st August, Primo Chemicals Ltd has a market capitalization of 521.00 Cr, with recent net sales of 560.02 Cr and a net profit of 15.96 Cr. The latest balance sheet shows shareholder's funds of 390.71 Cr and total assets of 740.54 Cr.

As of 31st August, Primo Chemicals Ltd has a market capitalization of 521.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Primo Chemicals reported Net Sales of 560.02 Cr and a Net Profit of 15.96 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 390.71 Cr and Total Assets of 740.54 Cr.

Should I buy, sell or hold Primo Chemicals Ltd?

When is the next results date for Primo Chemicals Ltd?

The next results date for Primo Chemicals Ltd is 14 August 2026.

The next results date for Primo Chemicals Ltd is scheduled for 14 August 2026.

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.

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.

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.

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.

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.

Has Primo Chemicals declared dividend?

No Dividend History Available