Primo Chemicals Limited
NSE: PRIMO · Commodity Chemicals · sector
₹23.63NSE close 2026-10-26
Key numbers
Market cap₹573 cr
Price₹23.63
52w high / low₹30 / ₹16
P/E36.4xSector median 15.2x
P/B1.4xSector median 1.3x
Book value₹16.8
Dividend yield–Sector median 0.84%
ROE4.0%Sector median 7.2%
ROCE6.6%Sector median 9.4%
OPM12.2%Sector median 8.6%
Debt / equity0.32xSector median 0.25x
EV/EBITDA10.2xSector median 11.6x
Interest cover2.1x
Current ratio0.56x
Sales growth 3y–Sector median +1.0%
Profit growth 3y–Sector median -11.1%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 70 companies in Commodity Chemicals (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹4 cr vs borrowings ₹131 cr (FY26): borrowings are higher by ₹126 cr.
- Operating profit covered interest 2.1x in the last 12 months.
- Promoter holding rose by 1.05 percentage points in a year, to 32.40% (2026-09-30).
- Net loss in 1 of the last 6 quarters.
- Other income was 124% of net profit in the last 12 months.
- No dividend in the last 2 financial years.
- Price ₹23.63 on 2026-10-26: -20.7% from the 52-week high, +46.8% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹42.91 · low ₹16.85
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 155 | 142 | 135 | 140 | 145 | 140 |
| EBITDA | 24 | 20 | 15 | 13 | 19 | 21 |
| OPM % | 15.4% | 14.4% | 11.4% | 9.5% | 13.1% | 14.8% |
| Other income | 4 | 5 | 4 | 4 | 6 | 5 |
| Net profit | -0 | 4 | 4 | 1 | 6 | 5 |
| EPS (₹) | -0.01 | 0.17 | 0.17 | 0.04 | 0.25 | 0.19 |
| Revenue YoY | -6.8% | -1.2% | ||||
| Profit YoY | – | +14.7% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY25 | FY26 | TTM |
|---|---|---|---|
| Revenue | 556 | 562 | 560 |
| EBITDA | 68 | 68 | 68 |
| Net profit | 4 | 15 | 16 |
| EPS (₹) | 0.15 | 0.63 | 0.65 |
| Revenue growth | +1.1% | – | |
| Profit growth | +331.7% | – | |
| Dividend / share (₹) | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | -4.0% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 391 | 406 |
| Borrowings | 169 | 131 |
| Cash & equivalents | 8 | 4 |
| Total assets | 741 | 692 |
| Fixed assets | 497 | 469 |
| Capital work in progress | 10 | 12 |
| Investments | 61 | 65 |
| Receivables | 43 | 32 |
| Inventory | 34 | 33 |
| Payables | 64 | 33 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 64 | 65 |
| Cash from investing | -43 | -18 |
| Cash from financing | -22 | -46 |
| Capex | 40 | 26 |
| Free cash flow | 24 | 39 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 0.9% | 3.8% |
| ROCE % | 6.8% | 6.6% |
| Debtor days | 28 | 21 |
| Inventory days | 35 | 34 |
| Payable days | 65 | 34 |
| Cash conversion cycle (days) | -2 | 21 |
| Working capital days | -61 | -56 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 32.40% |
| FIIs | 0.27% |
| DIIs | 1.92% |
| of which Mutual funds | 1.90% |
| of which Insurance | 0.00% |
| Public (non-institutions) | 65.41% |
| Quarter | Apr 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|
| Promoters % | 31.35% | 31.35% | 31.35% | 32.40% | 32.40% | 32.40% | 32.40% |
| Promoter group | % |
|---|---|
| Sukhbir Singh Dahiya | 10.43% |
| Jagbir Singh Ahlawat | 6.40% |
| Flowtech Industrial Projects Private Limited | 5.01% |
| Parerna Ahlawat | 4.57% |
| Jatin Dahiya | 2.26% |
| Dayawati Dahiya | 1.47% |
| Himalaya Alkalies & Chemicals Limited | 1.07% |
| Tara Mercantile Private Limited | 0.73% |
| Garima Singh | 0.45% |
| Mayank Ahlawat | 0.00% |
| Flow Tech Chemicals Private Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Naveen Chopra | 16.51% |
| Durva Infratech LLP | 15.47% |
| Quant Mutual Fund - Quant Small CAP Fund | 1.88% |
48,764 shareholders. Pledged: – of promoter shares.
Peers in Commodity Chemicals
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SRF | ₹69,362 cr | 30.4x | 4.5x | 16.0% | 15.2% | 21.4% | +373.5% | 0.38% |
| TATACHEM | ₹15,184 cr | – | 0.7x | -10.1% | -4.2% | -1.6% | -4.6% | 1.84% |
| DEEPAKFERT | ₹14,422 cr | 14.7x | 2.1x | 15.1% | 13.6% | 16.7% | +0.6% | 0.89% |
| GNFC | ₹7,634 cr | 7.4x | 0.8x | 11.7% | 15.2% | 14.8% | -8.7% | 3.41% |
| TANFACIND | ₹4,989 cr | 66.3x | 13.4x | 19.7% | 20.5% | 15.5% | +23.8% | – |
| GUJALKALI | ₹4,043 cr | 60.9x | 0.8x | 1.2% | 3.6% | 11.3% | -1.2% | 2.88% |
| GRAUWEIL | ₹3,537 cr | 22.1x | 3.3x | 15.9% | 19.6% | 15.3% | +6.8% | 0.64% |
| GHCL | ₹3,486 cr | 6.7x | 1.0x | 14.9% | 19.9% | 24.8% | -12.3% | 3.29% |
| JGCHEM | ₹2,190 cr | 29.1x | 4.1x | 15.1% | 19.8% | 8.9% | – | 0.18% |
| PRIMO | ₹573 cr | 36.4x | 1.4x | 4.0% | 6.6% | 12.2% | – | – |
Documents
- Annual report FY26
- Annual report FY25
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing of Chemicals: Manufacturing and Selling of Chemicals
| Sector | Commodities |
| Industry | Commodity Chemicals |
| Sub-industry | Commodity Chemicals |
| Symbol | PRIMO |
| BSE code | 506852 |
| ISIN | INE607A01022 |
| Face value | ₹2.0 |
| Incorporated | 1975-12-01 |
| Website | www.primochemicals.in |
| Plants (India / abroad) | 1 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.