- Business
- Prime Industries Ltd operates primarily in the manufacturing and trading sectors, offering a diverse range of products including capital goods and special products for strategic industries such as nuclear, defense, aerospace, bioenergy, and ethanol. The company manufactures non-explosive demolition solutions, including its flagship product Prime Crack, a silent stone cracking powder, and provides CNC-machined precision components with surface treatment and heat treatment services. It also operates through its subsidiary Linga Agri Trading and Machinery Private Limited, in which it holds a 50.001% stake following its acquisition in 2025. Headquartered in Jodhpur, India, and founded in 1992, Prime Industries serves the Indian market with an expanding footprint in sectors requiring specialized industrial and mining tools.
Recent major developments include the acquisition of the 50.001% stake in Linga Agri Trading and Machinery Private Limited for approximately INR 20.4 million, aimed at enhancing its presence in the agricultural and machinery segment. The company has also undergone significant leadership changes with the appointment of Mr. Rama Nand Gupta as an Additional Executive Director and the resignation of its CFO and Company Secretary in late 2025. Financially, Prime Industries reported growing revenues and net profit margins in recent quarters, indicating strengthening operational performance. The company continues to focus on strategic growth in priority sectors supported by innovations in its product portfolio and enhancements in corporate governance and operational efficiencies. These strides position Prime Industries as a growing player in the manufacturing of industrial solutions and precision components within India’s capital goods sector.