PLATINDCommodities

Platinum Industries Limited

Specialty Chemicals · ISIN INE0PT501018 · BSE 544134 · NSE EQ · FV ₹10
Last price
₹211
-2.73%today
What this company does

Platinum Industries Limited operates in Specialty Chemicals, part of the Commodities sector. It booked ₹109 cr of revenue in its latest quarter (Q1 FY27) and kept 10.2% of sales as profit.

In the report:
57out of 100
Equitytale Health Score
Mixed

Healthier than 57% of companies in Commodities, on the 5 of 6 measures we could read for it. Each measure is ranked against the 141–173 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
37

At close. Not part of the score.

Profitability & returns55

How much profit it earns on the money it employs

Balance sheet86

How much it owes, and whether earnings cover the interest

Cash quality24

Whether reported profit actually arrives as cash

Valuation24

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 70%
No promoter shares pledged
Virtually debt-free
Watch-outs
! Sales down 6% vs last year
! Profit down 13% vs last year
! Operating cash flow is negative

What if I invest in PLATIND?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹211 -2.73%
latest close · 2026-09-17
52-wk low ₹20542 sessions so far52-wk high ₹247
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio26.0Average
LowAverageHigh
P/B ratio2.62Moderate
Below bookModerateHigh
EV / EBITDA15.9High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity10.0%Fair
WeakFairStrong ▸15%
Return on capital13.4%Fair
WeakFairStrong
Net margin10.2%Decent
ThinDecentStrong
EBITDA margin15.8%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.01Comfortable
LowModerateHigh ▸1
Interest cover31.6×Strong
RiskyOkayStrong ▸5×
Current ratio4.17Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹1,160 cr
Book value
₹81
EPS
₹2.03
latest quarter
Net debt
₹-59 cr
more cash than debt
Enterprise value
₹1,100 cr
EBITDA
₹69 cr
annualised
EBIT
₹62 cr
annualised
Operating margin
14.2%
Return on assets
8.1%
Earnings yield
3.85%
P/S
2.66
Sales / share
₹79.3
Tax rate
25.6%
Face value
₹10
Shares
5.5 cr
Working capital
₹279 cr
Current assets
₹367 cr
Current liabilities
₹88 cr
Delivery %
57.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹133 vs market price ₹211 — price is 58% above it
Safety cushion-58.5%(target ≥ +20%)
Models span ₹70₹197, midpoint ₹133
Model ₹133
Price ₹211
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹109 cr
Other Income₹4 cr
Total Income₹113 cr
Cost of Materials₹76 cr
Purchases of Stock-in-Trade₹10 cr
Inventory Change (±)₹-8 cr
Employee Benefit Expense₹7 cr
Finance Costs₹48.8 L
Depreciation & Amortisation₹2 cr
Other Expenses₹10 cr
Total Expenses₹98 cr
Profit before Tax₹15 cr
Tax Expense₹4 cr
Net Profit₹11 cr
Net margin on total income9.9%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹78 cr69.3%
Employee benefit expense₹7 cr6.1%
Finance costs₹48.8 L0.4%
Depreciation & amortisation₹2 cr1.6%
Other expenses₹10 cr9.3%
Tax expense₹4 cr3.4%
Profit for the period₹11 cr9.9%
Total income ₹113 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue105 cr132 cr109 cr
Total income108 cr135 cr113 cr
Expenses91 cr119 cr98 cr
Profit before tax17 cr16 cr15 cr
Tax4 cr2 cr4 cr
Net profit (owners' share)13 cr15 cr11 cr
Net margin (owners' share, on revenue)12.0%11.4%10.2%
EPS (₹)2.292.752.03
YoY (latest quarter): total income -6.1% · net profit -12.5%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹549 cr
Shareholder equity
₹443 cr
parent shareholders
Total debt
₹3 cr
Cash
₹63 cr
Cash flow · H1 FY26
Operating
₹-8 cr
Investing
₹11 cr
Financing
₹9 cr
Peer comparison
Specialty Chemicals · by market value
CompanyPriceMarket capP/E
Pidilite Industries Limited₹1,552₹1.58 L cr45.3
Gujarat Fluorochemicals Limited₹4,472₹49,190 cr55.4
Navin Fluorine International Limited₹8,220₹42,169 cr43.3
Deepak Nitrite Limited₹1,605₹21,889 cr15.9
Aether Industries Limited₹1,623₹21,543 cr85.1
Atul Limited₹6,134₹18,057 cr18.4
Aarti Industries Limited₹477₹17,287 cr27.9
Fine Organic Industries Limited₹5,202₹15,949 cr28.9
BASF India Limited₹3,602₹15,591 cr11.2
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
70.0%
FII / Foreign
0.3%
DII / Domestic
3.7%
Retail / others
25.9%
Promoter stake down 1.0% over the last 11 quarters.
Smart-money activity
Insider trades
SoldPARUL KRISHNA RANA · Promoters30,000 · ₹83.4 L25 Nov 25
SoldKRISHNA DUSHYANT RANA · Promoters45,893 · ₹1.3 cr21 Nov 25
SoldKRISHNA DUSHYANT RANA · Promoters79,107 · ₹2.1 cr19 Nov 25
Bulk / block deals
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE3.03 L @ ₹330.7217 Sep 25
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE3.03 L @ ₹330.5117 Sep 25
SoldGRAVITON RESEARCH CAPITAL LLP · NSE4.56 L @ ₹329.7917 Sep 25
Stake changes
SoldParul Krishna Rana · promoter→ 24.47% · 30,00025 Nov 25
SoldParul Krishna Rana · promoter→ 24.47% · 30,00025 Nov 25
SoldKrishna Dushyant Rana · promoter→ 45.55% · 45,89321 Nov 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Sep 2025
See the official result
1
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
1.08 L votes for, 0 against
2
To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
1.08 L votes for, 0 against
3
To appoint a director in place of Mrs. Parul Krishna Rana (DIN: 07546822), Director of the Company, who retires by rotation in terms of Section 152 of Companies Act, 2013 and being eligible, offers herself for re-appointment.
Backed by 100% of shareholders other than promotersneeded 50%
1.08 L votes for, 0 against
4
Appointment of M/s. Mayank Arora & Co., as Secretarial Auditors of the Company
Backed by 100% of shareholders other than promotersneeded 50%
1.08 L votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 3 named members
owning 70.0% between them · as of 2026-06-30
KRISHNA DUSHYANT RANA45.55%
PARUL KRISHNA RANA24.47%
GEETA DUSHYANT RANA0.01%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹235 cr raised in Mar 2024 by selling shares to the public

As of Jun 2026, the company says it has spent 7% of what it set aside, leaving ₹197 cr still to be spent. CRISIL Rating Limited watches the spending on the exchange’s behalf.

Investment in the Subsidiary, Platinum Stabilizers Egypt LLC (“PSEL”) for financing its capital expenditure requirements in relation to the setting up of a manufacturing facility for PVC Stabilizers at SC Zone, Governorate of Suez, Egypt. (“Proposed Facility 1 (Egypt)”)
18%
₹12 cr of ₹68 cr
Funding of capital expenditure requirements of the Company towards setting up of a manufacturing facility for PVC Stabilizers at Palghar, Maharashtra, India (“Proposed Facility 2 (Palghar)”)
3%
₹2 cr of ₹71 cr
Funding working capital requirements of the Company.
1%
₹23.7 L of ₹30 cr
General Corporate Purposes
0%
₹0 cr of ₹43 cr
Spent by quarter: 40%4%6%11%11%7% (to Jun 2026)

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.