Prime Industries Ltd

Prime Industries Ltd (519299)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return20.24 %
3 Month Return16.5 %
1 Year Return-9.1 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 404
Rank 420
Rank 469
Dividend Yield
Rank 113
Rank 722
Price To Book Ratio
Rank 313
Debt To Asset
Rank 450

Company Information

Incorporated in Oct.92 as Prime Proteins Prime Industries was promoted by R K Singhania M L Goyal and Harjeet Singh Aurora. In 1995 the company acquired the present name. The company is engaged in the manufacture and marketing of vanaspati with an installed capacity of 50 tpd. Vanaspati is a blend of refined and hydrogenated edible oil and is an important and popular cooking medium. It supplements and provides fat in normal diet. It has also started manufacturing bakery quality vanaspati and the product has been wellaccepted in the market.The company came out with a public issue in Dec.93 to partfinance the project for the manufacture of vanaspati. The companys oxygen plant commenced production in Sep.95.Prime Industries plans to set up a dewaxing unit. Various oils like sunflower oil etc shall be processed in this unit to produce superiorquality refined oil. This unit was expected to start production by Mar.96. In 1995 the company expanded by setting up a separate physical refinery with an estimated cost of Rs 207 lac with ultramodern equipment by installing continuous deacidifiercumdeodoriser.The company plans to integrate backward and diversify its activities. It is proposed to put up a complete integrated textile complex consisting of cotton ginning plant oilseed processing plant spinning plant knitting plant and dyeing plant. The company has received a letter of intent to manufacture and bottle Indianmade foreign liquor. It is taking steps to implement this project.
OrganisationPrime Industries Ltd