Primo Chemicals Limited

Primo Chemicals Limited

22.83
INR
-0.49
(-2.10%)
0.53EPS
38.00P/E
5.90BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
25.84
26.01
23.56
22.95
24.63
27.69
21.37
16.32
20.04
29.19
16.38
22.92
23.18
22.44
Basic EPS, GAAP
-0.93
-1.26
-1.39
-2.08
-0.36
4.12
0.65
0.59
2.61
5.67
-1.05
0.15
0.63
0.64
Free Cash Flow per Basic Share
0.72
0.22
2.21
0.7
3.15
3.76
1.92
3.76
2.93
-1.35
-2.23
1
1.6
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
8.54
6.93
5.18
2.87
2.69
4.82
5.19
6.22
11.4
17.02
15.97
16.12
16.76
- -
Tangible Book Value per Share
8.54
6.93
5.18
2.86
2.68
4.81
5.19
6.21
11.4
17.02
15.97
16.12
16.76
- -
Basic Weighted Avg Shares
103
102
102
117
135
136
136
139
227
242
242
242
242
250
Sales/Revenue/Turnover
2,649
2,665
2,411
2,681
3,336
3,757
2,904
2,263
4,541
7,074
3,970
5,556
5,617
5,600
Operating Margin (%)
-3.6
-4.64
-4.29
-8.13
7.47
17.06
4.21
10.69
18.6
27.88
-3.69
6.43
5.95
2.81
Depreciation Expense
79
50
50
51
57
112
99
156
162
225
367
481
502
529
Net Income, GAAP
-96
-129
-142
-243
-48
559
88
82
592
1,374
-253
36
154
160
Effective Tax Rate (%)
- -
- -
- -
- -
- -
4.93
51.55
58.96
24.91
28.16
- -
84.44
37.21
40.05
Profit Margin (%)
-3.61
-4.85
-5.91
-9.07
-1.45
14.87
3.03
3.64
13.04
19.42
-6.38
0.64
2.74
2.85
Working Capital
-116
-616
-341
-619
-574
-212
-1,097
-896
-320
-283
-945
-931
-856
- -
LT Debt
436
- -
429
277
273
279
- -
4
531
1,236
1,072
805
575
- -
Total Equity
876
711
532
390
365
654
705
966
2,763
4,125
3,870
3,907
4,062
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
78.87
10.96
10.33
28.32
30.05
- -
1.01
3.84
- -
Return on Capital (%)
- -
- -
- -
- -
- -
79.73
11.61
10.6
30.28
32.01
- -
1.27
4.92
- -
Return on Common Equity (%)
-10.03
-16.29
-22.92
-52.78
-12.79
109.64
12.96
9.86
31.75
39.9
-6.34
0.92
3.86
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
737
- -
LT Borrowings
- -
569
- -
LT Finance Leases
- -
5
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
242
242
242
Market Capitalization
5,802
4,369
5,896

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,080
- -
Cash, Cash Equivalents & STI
- -
41
- -
Accounts Receivable, Net
- -
318
- -
Inventories
- -
330
- -
Total Current Liabilities
- -
1,936
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
737
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
32.5%
46.79%
3.95%
Free Cash Flow
28.75%
-28.44%
59.25%
Net Income, GAAP
-50.84%
170.04%
331.79%
Sales/Revenue/Turnover
15.7%
30.71%
1.1%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,219
1,344
1,438
1,554
5,556
2026
1,419
1,347
1,401
1,449
5,617
2027
1,403
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.46
0.53
0.09
-0.02
0.15
2026
0.17
0.17
0.04
0.25
0.63
2027
0.19
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Naveen Chopra
Full Time Employees
771
Sector
Process industries
Industry
Chemicals: specialty
Address
Bay No 46-50 Chandigarh CD India 160030
IPO Date
Jan 1, 1990
Business
Primo Chemicals Ltd Primo Chemicals Limited (PRIMO.NS) manufactures and sells chlor-alkali chemicals in India, with a primary focus on caustic soda production in the northern region. The company produces caustic soda lye and flakes for applications in paper and pulp, soaps and detergents, textiles, dyes, aluminum, and water demineralization; hydrochloric acid for metal pickling, water demineralization in power and fertilizer plants, and preparation of metal chlorides; liquid chlorine for water treatment, paper manufacturing, stable bleaching powder, CPVC, PVC, and chlor-organic chemicals; sodium hypochlorite for textile bleaching, laundry, and drinking water disinfection; hydrogen gas as fuel and coolant in power plants, hydrogenation of vegetable oils, and optical fiber units; stable bleaching powder as an oxidizing and disinfecting agent in textiles, aquaculture, and water treatment; and aluminum chloride for water treatment, slurry separation, paper sizing, dye decolorization in textiles, and sewage treatment. Incorporated in 1975 and headquartered in Chandigarh, India, with manufacturing facilities in Naya Nangal, District Ropar, Punjab, Primo Chemicals employs state-of-the-art Hoechst-Uhde membrane cell technology across two units with a combined caustic soda capacity of 500 tons per day or 165,000 tons annually, benefiting from proximity to the Bhakra Nangal Dam for uninterrupted power and strong road-rail connectivity to serve northern India and beyond. The company changed its name from Punjab Alkalies & Chemicals Limited to Primo Chemicals Limited effective December 19, 2022; in January 2024, Flowtech Industrial Projects Private Limited increased its stake to 3.98% through an off-market acquisition of 0.32% equity shares; and in August 2025, the company approved the acquisition of the remaining 51% stake in Flow Tech Chemicals Limited, along with key board appointments.