Primo Chemicals Ltd.

•

primochemicals.inBSE: 506852NSE: PRIMO

Market Cap₹ 574 Cr.

Current Price

High / Low₹ 27 / 16

Stock P/E35.9

Book Value₹ 16

Price to Book1.45

Dividend Yield0.00 %

ROCE7.3 %

ROE0.7 %

Face Value₹ 2

Add ratio to table

ABOUT

AI Sector View

AI GENERATED

Chemicals

Hold

The available domestic chemical proxies are mixed to weak. Fertilizers output was -8.0% YoY (2026-07) and sale quantity of fertilisers was 0.0% YoY (2026-05), although that high-frequency barometer is stale. FPI positioning is less negative than before, with net 3-month outflow only INR -11 crore versus INR -1229 crore in the prior 3 months to 2026-08-31, but the weak sector driver argues for a neutral stance.

Confidence

55%

View full sector analysis →

PROS

Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.06x)
Company maintains a comfortable, low leverage position

CONS

A large part of profit comes from other income (138.2% of PBT)
Interest coverage is weak at 1.7x - earnings barely cover interest
Operating margins have contracted to 12.3% from 22.4%
Company's return on assets is weak at 0.3%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

ChemicalsChemicalsChemicals

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	SOLARINDS	22307.50	101.37	201860.69	0.05	666.37	88.98	3668.20	70.26	38.16	27.91
2.	PIDILITIND	1567.45	60.23	159547.55	1.37	8835.10	1202.86	45515.50	1112.74	32.38	26.28
3.	SRF	2483.00	34.05	73602.28	0.36	758.87	75.53	5033.26	34.63	14.21	24.57
4.	FLUOROCHEM	4771.75	85.23	52417.67	0.06	219.00	19.02	1588.00	23.97	9.58	26.83
5.	NAVINFLUOR	8541.10	55.49	43822.77	0.18	243.31	107.67	1045.08	44.07	21.39	34.17
6.	GODREJIND	1127.00	32.29	37963.11	0.00	523.36	-27.85	5448.09	22.16	10.64	12.82
7.	AETHER	1672.95	94.41	22204.70	0.00	62.75	33.45	326.56	27.49	11.65	31.47
8.	DEEPAKNTR	1587.10	27.64	21646.94	0.47	345.01	207.36	2577.60	36.39	11.58	20.96
9.	ATUL	6244.55	23.11	18385.05	0.48	253.93	91.85	1847.95	25.03	15.05	21.41
10.	AARTIIND	492.15	33.62	17851.59	0.20	155.00	260.47	2387.00	42.42	6.95	16.00
11.	DEEPAKFERT	1320.45	17.00	16725.20	0.76	490.04	100.95	3256.26	22.47	12.12	25.96
12.	PRIMO	23.68	35.92	573.87	0.00	4.68	14.86	140.28	-1.17	7.30	15.57

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	110	93	91	102	122	134	144	155	142	135	140	145	140
	103	98	89	101	107	124	125	131	122	119	127	143	137
Operating Profit	7	-4	3	1	15	11	19	24	20	15	14	2	4
OPM %	6.43%	-4.67%	3.05%	1.40%	12.39%	7.89%	12.97%	15.42%	14.37%	11.35%	9.69%	1.50%	2.58%
	5	5	4	5	6	6	5	4	5	4	4	6	5
Interest	3	4	5	6	6	6	6	6	5	5	4	4	4
Depreciation	9	9	10	12	12	13	13	13	13	13	13	13	13
Profit before Tax	1	-13	-9	-10	3	-2	4	10	7	2	0	9	10
Tax %	576.92%	-5.19%	-74.43%	164.57%	485.20%	645.68%	56.56%	111.10%	56.84%	-61.76%	261.90%	31.01%	52.71%
Net Profit	0	0	0	0	-11	13	2	-4	4	42	11	6	5
	-0.18	-0.53	-0.63	0.29	-0.46	0.53	0.09	-0.01	0.17	0.17	0.04	0.25	0.19

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	226	454	707	397	556	560
	239	367	515	390	487	525
Operating Profit	-12	87	192	7	68	35
OPM %	-5.46%	19.09%	27.19%	1.74%	12.30%	6.19%
	55	15	26	19	21	20
Interest	5	9	8	18	23	17
Depreciation	17	17	24	40	51	53
Profit before Tax	20	76	186	-31	15	21
Tax %	58.96%	24.91%	28.16%	17.71%	84.44%	36.13%
Net Profit	8	57	134	-26	2	13
EPS	2.97	2.61	5.67	-1.05	0.15	—
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	—

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: 7%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: -61%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: -8%

RETURN ON EQUITY

10 Years:: —
5 Years:: 23%
3 Years:: 13%
Last Year:: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	31	48	48	48	48
	66	228	364	339	342
	1	61	145	150	141
Trade Payables	28	44	43	31	64
	121	107	160	146	148
Total Liabilities	246	488	760	714	743
	156	155	278	468	497
Capital Work in Progress	35	177	213	49	10
	0	33	59	59	61
	6	17	18	22	34
	0	0	0	35	43
Cash & Bank	8	25	31	1	8
	41	82	161	79	90
Total Assets	246	488	760	714	743

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	52	84	186	14	64
Cash from Investing	-24	-191	-233	-56	-43
Cash from Financing	-34	137	81	21	-22
	-5	16	-3	-21	-0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	31.35	31.35	31.35	31.35	31.35	31.35	32.40	32.40	32.40
	0.22	0.10	0.11	0.10	0.10	0.07	0.07	0.08	0.31
	1.92	1.92	1.92	1.92	1.92	1.92	1.92	1.92	1.92
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	66.50	66.61	66.60	66.61	66.62	66.65	65.61	65.60	65.36

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-08

General Updates

2026-09-08 - Primo Chemicals Limited has informed the Exchange about General Updates

2026-09-08

General Updates

2026-09-08 - Primo Chemicals Limited has informed the Exchange about General Updates

2026-09-08

Copy of Newspaper Publication

2026-09-08 - Primo Chemicals Limited has informed the Exchange about Copy of Newspaper Publication

2026-09-01

Copy of Newspaper Publication

2026-09-01 - Primo Chemicals Limited has informed the Exchange about Copy of Newspaper Publication

2026-08-31

Shareholders meeting

2026-08-31 - Primo Chemicals Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026

2026-08-31

Record Date

2026-08-31 - Primo Chemicals Limited has informed the Exchange that Record date for the purpose of Meeting is 23-Sep-2026.

2026-08-18

Copy of Newspaper Publication

2026-08-18 - Primo Chemicals Limited has informed the Exchange about Copy of Newspaper Publication

2026-08-14

Outcome of Board Meeting

2026-08-14 - Primo Chemicals Limited has informed the Exchange regarding Outcome of Board Meeting held on August 14, 2026.

2026-08-14

Outcome of Board Meeting

2026-08-14 - Primo Chemicals Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

News

Recent coverage and analyst commentary for PRIMO

Loading news…

🤖

AI Stock Analyst

Primo Chemicals Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

SOLARINDS

22307.50

101.37

201860.69

0.05

666.37

88.98

3668.20

70.26

38.16

27.91

PIDILITIND

1567.45

60.23

159547.55

1.37

8835.10

1202.86

45515.50

1112.74

32.38

26.28

SRF

2483.00

34.05

73602.28

0.36

758.87

75.53

5033.26

34.63

14.21

24.57

FLUOROCHEM

4771.75

85.23

52417.67

0.06

219.00

19.02

1588.00

23.97

9.58

26.83

NAVINFLUOR

8541.10

55.49

43822.77

0.18

243.31

107.67

1045.08

44.07

21.39

34.17

GODREJIND

1127.00

32.29

37963.11

0.00

523.36

-27.85

5448.09

22.16

10.64

12.82

AETHER

1672.95

94.41

22204.70

0.00

62.75

33.45

326.56

27.49

11.65

31.47

DEEPAKNTR

1587.10

27.64

21646.94

0.47

345.01

207.36

2577.60

36.39

11.58

20.96

ATUL

6244.55

23.11

18385.05

0.48

253.93

91.85

1847.95

25.03

15.05

21.41

AARTIIND

492.15

33.62

17851.59

0.20

155.00

260.47

2387.00

42.42

6.95

16.00

DEEPAKFERT

1320.45

17.00

16725.20

0.76

490.04

100.95

3256.26

22.47

12.12

25.96

PRIMO

23.68

35.92

573.87

0.00

4.68

14.86

140.28

-1.17

7.30

15.57

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

110

102

122

134

144

155

142

135

140

145

140

103

101

107

124

125

131

122

119

127

143

137

Operating Profit

-4

OPM %

6.43%

-4.67%

3.05%

1.40%

12.39%

7.89%

12.97%

15.42%

14.37%

11.35%

9.69%

1.50%

2.58%

Interest

Depreciation

Profit before Tax

-13

-9

-10

-2

Tax %

576.92%

-5.19%

-74.43%

164.57%

485.20%

645.68%

56.56%

111.10%

56.84%

-61.76%

261.90%

31.01%

52.71%

Net Profit

-11

-4

-0.18

-0.53

-0.63

0.29

-0.46

0.53

0.09

-0.01

0.17

0.04

0.25

0.19

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

TTM

226

454

707

397

556

560

239

367

515

390

487

525

Operating Profit

-12

192

OPM %

-5.46%

19.09%

27.19%

1.74%

12.30%

6.19%

Interest

Depreciation

Profit before Tax

186

-31

Tax %

58.96%

24.91%

28.16%

17.71%

84.44%

36.13%

Net Profit

134

-26

EPS

2.97

2.61

5.67

-1.05

0.15

—

Dividend Payout %

0.00%

—

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Equity Capital

228

364

339

342

145

150

141

Trade Payables

121

107

160

146

148

Total Liabilities

246

488

760

714

743

156

155

278

468

497

Capital Work in Progress

177

213

Cash & Bank

161

Total Assets

246

488

760

714

743

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

186

Cash from Investing

-24

-191

-233

-56

-43

Cash from Financing

-34

137

-22

-5

-3

-21

-0

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

31.35

32.40

0.22

0.10

0.11

0.10

0.07

0.08

0.31

1.92

Government

0.00

66.50

66.61

66.60

66.61

66.62

66.65

65.61

65.60

65.36

Primo Chemicals Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Primo Chemicals Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI