Platinum Industries Ltd.

215.21.96%

2026-08-21

platinumindustriesltd.comBSE: 544134NSE: PLATIND
Market Cap₹ 1,134 Cr.
Current Price₹ 211
High / Low₹ 342 / 184
Stock P/E22.5
Book Value₹ 83
Price to Book3.81
Dividend Yield0.00 %
ROCE19.3 %
ROE14.0 %
Face Value₹ 10

Add ratio to table

ABOUT

KEY POINTS

PROS

  • Company is almost debt free
  • Company has a healthy return on capital (ROCE) of 44.3%
  • Company has a good return on equity (ROE) track record: 3 Years ROE 41.8%
  • Company has consistently been profitable over the last 5 years
  • Working capital cycle has improved - days down from 400 to 240
  • Company comfortably covers its interest (25.3x coverage)

CONS

  • Operating cash flow has been negative in recent years
  • A large part of profit comes from other income (25.5% of PBT)
  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.48x)
  • Equity base is being diluted - shares outstanding up 5116.0%
  • Though reporting repeated profits, the company pays out little dividend (0.0%)

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

Peer comparison

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.SOLARINDS19800.0089.97179170.310.06666.3788.983668.2070.2638.1627.91
2.PIDILITIND1650.0063.40167935.411.308835.101202.8645515.501112.7432.3826.28
3.SRF2575.0035.3176329.390.35758.8775.535033.2634.6314.2124.57
4.FLUOROCHEM4679.5583.5951404.860.06219.0019.021588.0023.9710.0226.83
5.NAVINFLUOR8281.5053.8042484.110.18243.31107.671045.0844.0721.3934.17
6.GODREJIND1217.1034.8740998.140.00523.36-27.855448.0922.1610.6412.82
7.DEEPAKNTR1767.8530.7824112.240.42345.01207.362577.6036.3911.5820.96
8.AETHER1639.4092.5221759.400.0062.7533.45326.5627.4911.6531.47
9.ATUL6581.7524.3619377.830.46253.9391.851847.9525.0315.0521.41
10.AARTIIND526.9035.9919112.070.19155.00260.472387.0042.426.3916.00
11.DEEPAKFERT1474.6518.9818678.340.68490.04100.953256.2622.4712.1225.96
12.PLATIND206.5022.521134.200.0011.13-14.89108.93-5.5919.3412.34
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023
62
46
Operating Profit
OPM %
Other Income
0
Interest
1
Depreciation
1
15
Tax %
24.47%
Net Profit
0
3
Equity Capital
40
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
40
Reserves
0
Promoter Pledge %
0.00%
Sep 2023
61
45
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
1
15
Tax %
24.54%
Net Profit
0
3
Equity Capital
40
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
40
Reserves
0
Promoter Pledge %
0.00%
Dec 2023
61
48
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
1
13
Tax %
24.33%
Net Profit
0
2
Equity Capital
40
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
40
Reserves
0
Promoter Pledge %
0.00%
Mar 2024
80
65
Operating Profit
OPM %
Other Income
1
Interest
0
Depreciation
1
15
Tax %
28.65%
Net Profit
0
2
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%
Jun 2024
103
82
Operating Profit
OPM %
Other Income
5
Interest
0
Depreciation
1
24
Tax %
25.77%
Net Profit
18
3
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%
Sep 2024
100
85
Operating Profit
OPM %
Other Income
6
Interest
1
Depreciation
1
19
Tax %
25.10%
Net Profit
15
3
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%
Dec 2024
93
79
Operating Profit
OPM %
Other Income
4
Interest
1
Depreciation
1
16
Tax %
26.86%
Net Profit
12
2
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%
Mar 2025
97
89
Operating Profit
OPM %
Other Income
3
Interest
1
Depreciation
1
8
Tax %
33.17%
Net Profit
6
1
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
115
100
Operating Profit
OPM %
Other Income
5
Interest
1
Depreciation
1
18
Tax %
26.60%
Net Profit
13
2
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
98
85
Operating Profit
OPM %
Other Income
4
Interest
1
Depreciation
1
15
Tax %
25.71%
Net Profit
11
2
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%
Dec 2025
105
89
Operating Profit
OPM %
Other Income
3
Interest
1
Depreciation
2
17
Tax %
26.56%
Net Profit
12
2
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%
Mar 2026
132
117
Operating Profit
OPM %
Other Income
3
Interest
1
Depreciation
2
16
Tax %
10.06%
Net Profit
15
3
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
109
98
Operating Profit
OPM %
Other Income
4
Interest
0
Depreciation
2
15
Tax %
25.57%
Net Profit
11
0
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
55
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021
89
82
Operating Profit
8
OPM %
9
Other Income
0
Interest
0
Depreciation
1
7
Tax %
28
Net Profit
5
EPS
1
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Mar 2022
188
163
Operating Profit
26
OPM %
14
Other Income
1
Interest
2
Depreciation
1
24
Tax %
26
Net Profit
18
EPS
169
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Mar 2023
231
178
Operating Profit
55
OPM %
24
Other Income
1
Interest
2
Depreciation
2
51
Tax %
26
Net Profit
38
EPS
9
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
9
Minority Interest
0
Share of Associates
0
Adjusted EPS
9
Mar 2024
264
203
Operating Profit
64
OPM %
24
Other Income
3
Interest
2
Depreciation
3
58
Tax %
26
Net Profit
44
EPS
8
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
8
Minority Interest
0
Share of Associates
0
Adjusted EPS
8
Mar 2025
392
335
Operating Profit
75
OPM %
19
Other Income
17
Interest
3
Depreciation
4
68
Tax %
26
Net Profit
50
EPS
9
Dividend Payout %
0
Minority Interest
-0
Share of Associates
0
Adjusted EPS
9
Minority Interest
-0
Share of Associates
0
Adjusted EPS
9
TTM
444
388
Operating Profit
OPM %
Other Income
15
Interest
3
Depreciation
6
63
Tax %
22
Net Profit
49
EPS
Dividend Payout %
Minority Interest
-0
Share of Associates
0
Adjusted EPS
Minority Interest
-0
Share of Associates
0
Adjusted EPS

COMPOUNDED SALES GROWTH

10 Years:
5 Years:
3 Years:
28%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
3 Years:
41%

STOCK PRICE CAGR

10 Years:
5 Years:
3 Years:
1 Year:
-24%

RETURN ON EQUITY

10 Years:
5 Years:
73%
3 Years:
42%
Last Year:
14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

No bonus data found

Mar 2021
Equity Capital
1
3
3
Trade Payables
19
6
Total Liabilities
32
6
Capital Work in Progress
0
0
6
0
Cash & Bank
1
19
Total Assets
32
Total Debt
3
Net Working Capital
1
Contingent Liabilities
0
Book Value per Share
42.47
Face Value
10.00
Total Debt
3
Net Working Capital
1
Contingent Liabilities
0
Book Value per Share
42.47
Face Value
10.00
Mar 2022
Equity Capital
1
21
24
Trade Payables
27
11
Total Liabilities
84
7
Capital Work in Progress
0
0
15
0
Cash & Bank
4
58
Total Assets
84
Total Debt
24
Net Working Capital
17
Contingent Liabilities
4
Book Value per Share
212.13
Face Value
10.00
Total Debt
24
Net Working Capital
17
Contingent Liabilities
4
Book Value per Share
212.13
Face Value
10.00
Mar 2023
Equity Capital
40
22
16
Trade Payables
14
28
Total Liabilities
121
34
Capital Work in Progress
3
0
27
0
Cash & Bank
15
41
Total Assets
121
Total Debt
17
Net Working Capital
38
Contingent Liabilities
4
Book Value per Share
15.37
Face Value
10.00
Total Debt
17
Net Working Capital
38
Contingent Liabilities
4
Book Value per Share
15.37
Face Value
10.00
Mar 2024
Equity Capital
55
276
6
Trade Payables
26
31
Total Liabilities
394
40
Capital Work in Progress
8
0
21
50
Cash & Bank
256
19
Total Assets
394
Total Debt
7
Net Working Capital
290
Contingent Liabilities
16
Book Value per Share
60.29
Face Value
10.00
Total Debt
7
Net Working Capital
290
Contingent Liabilities
16
Book Value per Share
60.29
Face Value
10.00
Mar 2025
Equity Capital
55
329
6
Trade Payables
43
35
Total Liabilities
468
60
Capital Work in Progress
44
21
48
79
Cash & Bank
152
64
Total Assets
468
Total Debt
9
Net Working Capital
258
Contingent Liabilities
16
Book Value per Share
69.87
Face Value
10.00
Total Debt
9
Net Working Capital
258
Contingent Liabilities
16
Book Value per Share
69.87
Face Value
10.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021
3
Cash from Investing
-1
Cash from Financing
-1
1
Free Cash Flow
3
OCF / Net Profit
0.68
Cumulative 5-Year FCF
0
OCF / Net Profit
0.68
Cumulative 5-Year FCF
0
Mar 2022
-15
Cash from Investing
-5
Cash from Financing
19
-1
Free Cash Flow
-16
OCF / Net Profit
-0.84
Cumulative 5-Year FCF
0
OCF / Net Profit
-0.84
Cumulative 5-Year FCF
0
Mar 2023
38
Cash from Investing
-37
Cash from Financing
0
2
Free Cash Flow
6
OCF / Net Profit
1.02
Cumulative 5-Year FCF
0
OCF / Net Profit
1.02
Cumulative 5-Year FCF
0
Mar 2024
33
Cash from Investing
-81
Cash from Financing
220
172
Free Cash Flow
20
OCF / Net Profit
0.75
Cumulative 5-Year FCF
0
OCF / Net Profit
0.75
Cumulative 5-Year FCF
0
Mar 2025
-8
Cash from Investing
-159
Cash from Financing
1
-166
Free Cash Flow
-68
OCF / Net Profit
-0.16
Cumulative 5-Year FCF
0
OCF / Net Profit
-0.16
Cumulative 5-Year FCF
0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021
EPS (₹)
45.73
Book Value (₹)
42.47
Dividend per Share (₹)
0.00
Cash EPS (₹)
0.03
Operating Margin %
8.76%
Net Margin %
5.39%
ROE %
107.67%
ROCE %
91.56%
14.93%
Debtor Days
68
Inventory Days
24
Payable Days
100
-8
Debt to Equity (x)
0.73x
Interest Coverage (x)
18.39x
1.04x
Revenue Growth %
0.00%
Operating Profit Growth %
0.00%
Net Profit Growth %
0.00%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2022
EPS (₹)
168.55
Book Value (₹)
212.13
Dividend per Share (₹)
0.00
Cash EPS (₹)
0.12
Operating Margin %
14.05%
Net Margin %
9.43%
ROE %
132.40%
ROCE %
94.06%
30.45%
Debtor Days
63
Inventory Days
21
Payable Days
62
22
Debt to Equity (x)
1.09x
Interest Coverage (x)
16.13x
1.29x
Revenue Growth %
110.77%
Operating Profit Growth %
237.88%
Net Profit Growth %
268.60%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2023
EPS (₹)
9.42
Book Value (₹)
15.37
Dividend per Share (₹)
0.00
Cash EPS (₹)
9.79
Operating Margin %
23.73%
Net Margin %
16.24%
ROE %
89.26%
ROCE %
84.37%
36.68%
Debtor Days
63
Inventory Days
34
Payable Days
54
42
Debt to Equity (x)
0.28x
Interest Coverage (x)
24.48x
1.87x
Revenue Growth %
23.03%
Operating Profit Growth %
107.79%
Net Profit Growth %
111.76%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
7.96
Book Value (₹)
60.29
Dividend per Share (₹)
0.00
Cash EPS (₹)
8.45
Operating Margin %
23.11%
Net Margin %
16.45%
ROE %
22.14%
ROCE %
29.08%
16.91%
Debtor Days
56
Inventory Days
33
Payable Days
44
45
Debt to Equity (x)
0.02x
Interest Coverage (x)
25.65x
6.77x
Revenue Growth %
14.22%
Operating Profit Growth %
15.94%
Net Profit Growth %
15.75%
-15.45%
P/E (x)
21.51x
P/B (x)
2.84x
Dividend Yield %
0.00%
10.87x
Mar 2025
EPS (₹)
9.07
Book Value (₹)
69.87
Dividend per Share (₹)
0.00
Cash EPS (₹)
9.87
Operating Margin %
14.68%
Net Margin %
12.77%
ROE %
14.01%
ROCE %
19.34%
11.63%
Debtor Days
60
Inventory Days
32
Payable Days
45
47
Debt to Equity (x)
0.02x
Interest Coverage (x)
25.27x
5.22x
Revenue Growth %
48.36%
Operating Profit Growth %
17.57%
Net Profit Growth %
15.16%
13.88%
P/E (x)
29.33x
P/B (x)
3.81x
Dividend Yield %
0.00%
17.61x

Shareholding Pattern

Numbers in percentages

TRADES
Jun 2024
71.00
3.81
2.68
Government
0.00
22.52
Sep 2024
71.00
0.72
3.04
Government
0.00
25.25
Dec 2024
71.00
1.49
2.68
Government
0.00
24.85
Mar 2025
71.00
0.82
2.68
Government
0.00
25.51
Jun 2025
71.00
0.59
2.79
Government
0.00
25.62
Sep 2025
71.00
0.59
2.95
Government
0.00
25.46
Dec 2025
70.03
0.62
2.95
Government
0.00
26.40
Mar 2026
70.03
0.59
3.60
Government
0.00
25.78
Jun 2026
70.03
0.35
3.68
Government
0.00
25.94

Documents

Announcements

Credit Ratings

Nothing filed yet.

Concalls