Primo Chemicals
- Market cap
- ₹ 530 Cr.
- P/E
- 35.4x
- P/B
- 1.36x
- 52-week range
- 16.1 – 29.8
- ROE
- 4%
- ROCE
- 6%
- Dividend yield
- 0%
- Debt / equity
- 0.32
- Sector
- Chemicals & Petrochemicals
- Industry
- Commodity Chemicals
- Listed on
- NSE, BSE
About
Primo Chemicals Limited is a producer of caustic soda in the North India region. The Company operates in a single business segment, namely chemicals. Its products include caustic soda lye, hydrochloric acid, liquid chlorine, sodium hypochlorite, hydrogen gas and other products like stable bleaching powder, caustic soda flakes, and aluminum chloride. Its caustic soda lye products are used in paper and paper pulp, soap and detergents, the aluminum industry, water demineralization and various others. Its liquid chlorine products are used in water treatment plants, paper manufacturing, chloromethanes and various others. Its stable bleaching powder products are used in aquaculture, household bleaching and cleaning, water treatment processes and others. Its hydrochloric acid is used in water demineralization in power & fertilizer plants, metal pickling, and others. Its sodium hypochlorite is used in textile bleaching, laundry trade, dis-infection of drinking water and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Commodity Chemicals: 75 companies →Primo Chemicals against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)35.4 against a typical 22.7: pricier than most peers (1st = cheapest).47th of 72
- Sales growth−1.2% against a typical +12.7% from a year earlier.48th of 65
- Profit growth+14.7% against a typical +13.6% from a year earlier.24th of 49
- Share price, 3 months+1.3% against a typical −2.2%.24th of 65
- Size₹ 530.3 Cr. market value against a typical ₹ 131.2 Cr. (1st = largest).20th of 69
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil BBB | Stable | 30 Sep 2026 |
| CARE | Withdrawn | — | 22 Jul 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 30 Sep 2026 | Reaffirmed | Crisil BBB | — | CRISIL | ₹ 180 Cr. | |
| 25 Sep 2026 | Reaffirmed | Crisil BBB | — | CRISIL | ₹ 180 Cr. | |
| 22 Jul 2026 | Withdrawn | — | — | CARE | — | |
| 29 Jun 2026 | Reaffirmed | CARE BBB- | — | CARE | ₹ 177.71 Cr. | |
| 26 Jun 2026 | New rating | Crisil BBB | — | CRISIL | ₹ 180 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 2 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 14 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 12 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 14 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 14 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 30 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 93 | 91 | 102 | 122 | 134 | 144 | 155 | 142 | 135 | 140 | 145 | 140 |
| Expenses | 98 | 89 | 101 | 107 | 124 | 125 | 131 | 122 | 119 | 127 | 126 | 119 |
| Operating Profit | −4 | 3 | 1 | 15 | 11 | 19 | 24 | 20 | 15 | 14 | 19 | 21 |
| OPM % | −4.7% | 3.1% | 1.4% | 12.4% | 7.9% | 13% | 15.4% | 14.4% | 11.4% | 9.7% | 13.1% | 14.8% |
| Other Income | 5 | 4 | 5 | 6 | 6 | 5 | 4 | 5 | 4 | 4 | 6 | 5 |
| Interest | 4 | 5 | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 4 | 4 | 4 |
| Depreciation | 9 | 10 | 12 | 12 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Profit before tax | −13 | −9 | −11 | 3 | −2 | 4 | 10 | 7 | 2 | 0 | 8 | 9 |
| Tax % | 5.2% | 74.3% | −164.6% | 485.2% | −645.7% | 56.6% | 111.1% | 56.8% | −61.4% | 261.9% | 34.9% | 58.9% |
| Net Profit | −13 | −15 | 7 | −11 | 13 | 2 | −0 | 4 | 4 | 1 | 6 | 5 |
| EPS in Rs | −0.53 | −0.63 | 0.29 | −0.46 | 0.53 | 0.09 | −0.02 | 0.17 | 0.17 | 0.04 | 0.25 | 0.19 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 20%
- 3 Years
- −7%
- TTM
- −3%
- 10 Years
- —
- 5 Years
- 15%
- 3 Years
- −52%
- TTM
- −17%
- 10 Years
- 21%
- 5 Years
- −1%
- 3 Years
- −29%
- TTM
- —
- 10 Years
- —
- 5 Years
- 11%
- 3 Years
- −1%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Primo Chemicals | ₹ 22.98 | ₹ 530 Cr. | 35.4x | 1.4x | 4% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 102.6x | 27.4x | 31.4% | 17.7% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 23.8% | 16.9% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.5x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 108.7x | 14x | 13.6% | 21.7% |
Management
- Sukhbir Singh Dahiya
- Chairman of the Board
- Anoop Kumar Kabra
- Chief Financial Officer
- Sugandha Kukreja
- Chief Human Resources Officer, Company Secretary
- Naveen Chopra
- Managing Director, Whole-Time Director
- Jatin Dahiya
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.