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Platinum Industries Ltd (PLATIND)

₹254.812.5%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹242.41
    ₹258.95
  • 52 Week's Low

    52 Week's High

    ₹166.75
    ₹272
1 Month Return+ 17.53 %
3 Month Return+ 28.01 %
1 Year Return+ 12.39 %
Previous Close₹248.60
Open₹248.00
Volume14.28L
Upper Circuit-
Lower Circuit-
Market Cap₹1,365.43Cr

Key Statistics

P/E Ratio23.5
PEG Ratio4.53
Market Cap₹1,365.43 Cr
P/B Ratio0
EPS0

Company Information

Platinum Industries Ltd was originally incorporated as a Limited Liability Partnership as Platinum Industries LLP on August 19 2016 vide Certificate of Incorporation issued by Central Registration Centre Registrar of Companies. Subsequently Company was converted into a private limited company with the name Platinum Industries Private Limited through a certificate of incorporation dated July 09 2020. Further Company got converted into a public limited company. Consequently name was changed to Platinum Industries Limited and a fresh certificate of incorporation dated June 02 2023 was issued by the RoC.Platinums are a multiproduct company engaged in the business of manufacturing stabilizers. The business segment includes PVC stabilizers CPVC additives and lubricants. PVC stabilizers are chemical additives used in the production of polyvinyl chloride PVC based products to enhance the performance and durability of PVC. They help prevent degradation of PVC when exposed to high temperatures during processing or enduse applications. CPVC additives are chemical substances added to enhance properties and performance of chlorinated polyvinyl chloride CPVC materials. Lubricants are an integral part of PVC formulation. The Company manufacture both internal and external lubricants. Lubricants are used for the reduction of the friction between the molecules of PVC by lowering the melt viscosity. It also helps in the metal release effect mold release effect reduction in the friction. The Company presently operate into speciality chemicals industry since their products find their application in PVC pipes PVC profiles PVC fittings electrical wires and cables SPC floor tiles Rigid PVC foam boards packaging materials etc. It has a distribution network of 12 spread across India. Apart from these it undertake trading activities of associated commodity chemicals such as titanium dioxide and PVC/CPVC resin.The Company started production of lead and nonlead based PVC Stabilizers in 2016 started production of CPVC additives and lubricants in 2018 set up a Manufacturing Facility at Palghar Maharashtra in 2019 started production of Hybrid Low Lead PVC stabilizers in 2020. Thereafter production of organic based stabilizers commenced in 2021 and manufacturing operations of Polyethylene waxes PE waxes in 2022.The Company is planning a Public Offer of issuing to 15903000 Equity Shares through Fresh Issue..

Share Price: ₹254.81 per share as on 22 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,365.43Cr as of today
Revenue: ₹80.35Cr as on March 2024 (Q1 24)
Net Profit: ₹10.71Cr as on March 2024 (Q1 24)
Listing date: 05 Mar, 2024
Chairperson Name: Krishna Dushyant Rana
OrganisationPlatinum Industries Ltd
Headquarters
IndustryChemicals
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Insights on Platinum Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 0.00% to 17.58% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, PLATIND stock has moved up by 7.4%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.00% to 6.17% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 94.73% to 71.00% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹80.35Cr
↑31.25%
Net Income
₹10.71Cr
↑7.53%
Net Profit Margin
13.33%
↓18.07%
2023Y/Y Change
Revenue
₹231.48Cr
↑23.02%
Net Income
₹37.58Cr
↑111.72%
Net Profit Margin
16.23%
↑72.11%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹98.52Cr
↑21.51%
Total Liabilities
₹40.55Cr
↓33.46%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹38.34Cr
↓365.51%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
71%
0.00
Foreign Institutions
3.8%
-25.16
Mutual Funds
0%
0.00
Retail Investors
22.52%
6.07
Others
2.68%
-0.38

Key Indicators

Platinum Industries Ltd Valuation

Platinum Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (16.00x)

March 28, 2024

Today (23.50x)

July 19, 2024

Industry (45.96x)

July 19, 2024

Highest (24.74x)

July 18, 2024

LowHigh

Earnings and Dividends

  • Platinum Industries Ltd Earnings Results

    Platinum Industries Ltd’s net profit jumped 6.2% since last year same period to ₹10.62Cr in the Q4 2023-2024. On a quarterly growth basis, Platinum Industries Ltd has generated 5.67% jump in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Platinum Industries Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Platinum Industries Ltd (PLATIND) share price today is ₹254.81

Platinum Industries Ltd is listed on NSE

Platinum Industries Ltd is listed on BSE

  • Today’s highest price of Platinum Industries Ltd is ₹258.95.
  • Today’s lowest price of Platinum Industries Ltd is ₹242.41.

PE Ratio of Platinum Industries Ltd is 23.5

PE ratio = Platinum Industries Ltd Market price per share / Platinum Industries Ltd Earnings per share

Today’s traded volume of Platinum Industries Ltd(PLATIND) is 14.28L.

Today’s market capitalisation of Platinum Industries Ltd(PLATIND) is ₹1365.43Cr.

Platinum Industries Ltd(PLATINDPrice
52 Week High
₹272
52 Week Low
₹166.75

Platinum Industries Ltd(PLATIND) share price is ₹254.81. It is down -6.32% from its 52 Week High price of ₹272

Platinum Industries Ltd(PLATIND) share price is ₹254.81. It is up 52.81% from its 52 Week Low price of ₹166.75

Platinum Industries Ltd(PLATINDReturns
1 Day Returns
6.21%
1 Month Returns
17.53%
3 Month Returns
28.01%
1 Year Returns
12.39%