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Platinum Industries Ltd Share Price

Chemicals - Speciality - Medium / Small

NSE: PLATIND Small Cap ISIN: INE0PT501018
As on 22 January 2025 at 18:40 IST
As on 22 January 2025 at 18:40 IST
-
+ 0.00
(0.00%)
About Platinum Industries Ltd

Platinum Industries Ltd is India's leading manufacturer of PVC and CPVC additives. It operates in the specialty chemicals sector, establishing a solid presence. The company has carved a niche with its high-quality products and innovative solutions. It was established in 2020, making it a relatively new player in the industry. The headquarters of Platinum Industries is located in Mumbai, Maharashtra. This strategic location allows the company to manage its operations and logistics across India and beyond. The company's main products include one-pack PVC stabilizers and lubricants. These are essential for manufacturing durable plastic products. Read More...

Over 1 Month
-13.94%
Over 6 Months
45.74%
Over 1 Year
67.88%
Over 3 Years
0%

Platinum Industries Ltd Summary

Close ₹ 362.35
Open ₹ 372
High ₹ 380
Low ₹ 355
Volume 1,82,368
Net Turnover (in ₹) ₹ 5,57,33,792.05
52Wk High ₹ 502.05
52Wk Low ₹ 166.75
52Wk High / Low
166.75
502.05

Platinum Industries Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 2,039.64
EPS (TTM) 9.46
Book Value (BV) 65.44
Div. Yield -
P/E (TTM) 39.36
Price/Book Value 5.69
Delivery % 50.90 %
Face Value 10

Key Ratios

PE Ratio 21.70
PB Ratio 2.87
EV to Sales 2.76
PEG Ratio -1.77
ROA 13.06
ROE 22.46
Debt-Equity 0.06
Net Profit Margin 17.21
Operating Profit Margin 24.53

Platinum Industries Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue266.98232.56189.2489.53-
Total Expenses208.58181.62165.2882.83-
Profit Before Tax58.4050.9423.966.70-
Profit After Tax43.5037.5817.754.82-
Operating Profit after Depreciation60.7753.1025.547.08-

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets40.5034.406.665.57-
Total Non Current Assets54.6038.957.766.09-
Total Current Assets340.3782.2276.7226.16-
TOTAL ASSETS394.97121.1784.4832.26-
Total Shareholder's Fund331.1461.8822.344.47-

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash from Operating Activities32.7438.26-14.903.28-
Net Cash used in Investing Activities-78.99-36.64-4.95-1.31-
Net Cash used in Financing Activities219.790.4819-1.17-

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue253.27234.79185.4471.09-
Total Expenses194.87185.66164.5365.79-
Profit Before Tax58.4049.1320.915.30-
Profit After Tax43.3336.2015.553.83-
Operating Profit after Depreciation60.1251.1222.505.38-

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets26.7716.486.653.85-
Total Non Current Assets51.7831.227.774.42-
Total Current Assets317.5066.9973.1026.24-
TOTAL ASSETS369.2898.2180.8730.66-
Total Shareholder's Fund327.8457.9720.144.88-

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash from Operating Activities39.1138.73-14.441.69-
Net Cash used in Investing Activities-86.38-27.84-5.42-1.89-
Net Cash used in Financing Activities214.91-9.2619-0.41-

Particulars (in ₹ Cr.) 2024-09 2024-06 2024-03 2023-12 2023-09
Total Revenue99.64102.6680.3561.2260.91
Total Expenses84.5582.1865.2447.6044.71
Profit Before Tax19.4023.9015.0113.1615.17
Profit After Tax14.5317.7410.719.9611.44
Operating Profit after Depreciation20.7525.1715.9714.4416.76

Particulars (in ₹ Cr.) 2024-09 2024-06 2024-03 2023-12 2023-09
Total Revenue78.2585.9173.1158.8759.59
Total Expenses64.4866.6658.5945.4443.38
Profit Before Tax19.0522.9914.7813.0415.46
Profit After Tax14.4917.1010.569.8311.59
Operating Profit after Depreciation19.8623.7015.3013.6716.58

Platinum Industries Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3
S1 363
S2 354.65
S3 341.30
Pivot 376.35
R1 384.70
R2 398.05
R3 406.40

Moving Average

20 SMA 403.63
50 SMA 428.05
100 SMA 418.70
200 SMA 331.34

Platinum Industries Ltd Corporate Actions

No available data

Platinum Industries Ltd Peer Comparison

Company Price Market Cap (in ₹ Cr)
Platinum Industries Ltd ₹372.35 ₹2,045.13
Pidilite Industries Ltd ₹2,749 ₹1,39,826.80
SRF Ltd ₹2,574.35 ₹76,310.12
Linde India Ltd ₹5,841.85 ₹49,819.30
Gujarat Fluorochemicals Ltd ₹3,783.70 ₹41,563.94
Deepak Nitrite Ltd ₹2,347.70 ₹32,020.99

Platinum Industries Ltd News

Platinum Industries schedules board meeting

On 13 November 2024

09 Nov 2024, 11:16 am

Platinum Industries to conduct board meeting

On 24 October 2024

17 Oct 2024, 05:16 pm

Platinum Industries AGM scheduled

On 27 September 2024

18 Sep 2024, 11:17 am

Platinum Industries AGM scheduled

On 27 September 2024

17 Sep 2024, 05:31 pm

Platinum Industries to table results

On 12 August 2024

10 Aug 2024, 02:05 pm

Platinum Industries Ltd Stock Analysis

  1. Annual revenue for Platinum Industries Ltd increased by 7.87% to ₹253.27 crore in FY 2024 from ₹234.79 crore in FY 2023.
  2. Annual Net Profit for Platinum Industries Ltd increased by 19.71% to ₹43.33 crore in FY 2024 from ₹36.20 crore in FY 2023.
  3. Promoter Shareholding in Platinum Industries Ltd remains unchanged by 0.00% in the most recent quarter, from 71% in September 2024 to 71% in December 2024.
  4. Platinum Industries Ltd delivered a 1-year return of 67.88% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
  5. Platinum Industries Ltd share price moved down by 100.00% from its previous close of INR ₹371.35. The latest Platinum Industries Ltd share price is INR ₹0.
  6. Platinum Industries Ltd share price today has been at a low of 355 and a high of 380. Over the past 52 weeks, the Platinum Industries Ltd share price has seen a low of 166.75 and a high of 502.05.

About Platinum Industries Ltd

Platinum Industries Ltd, established on July 9, 2020, has quickly emerged as a key player in India's manufacturing sector. The company specializes in producing PVC and CPVC additives, making it a leading manufacturer in the industry. Despite being a relatively new entrant in the specialty chemicals sector, the company has rapidly gained recognition for its high-quality products and innovative solutions.
 
Headquartered in Mumbai, Maharashtra, Platinum Industries specializes in producing stabilizers and lubricants. It also offers other specialty chemicals crucial for the plastic industry. Their product range includes one-pack PVC stabilizers and lubricants. These are essential for manufacturing durable, high-performance plastic products.
 
The company's strategic location in Mumbai allows for efficient management of operations and logistics across India and beyond. Its registered office is in Andheri, Mumbai, while the registrar's is in Pinnacle Business Park, Mumbai.

Platinum Industries' leadership includes industry veterans who bring extensive experience and expertise. The company's ownership structure shows significant stakes held by key individuals, with Krishna Dushyant Rana owning 46.14% and Parul Krishna Rana holding 24.84% of the shares. A team of professional promoters manages the operations of the company.
They include-
  • Anup Singh
  • Radhakrishnan Ramchandra Iyer
  • Samish Dushyant Dalal

Platinum Industries may be a minor player in the industry at present. However, it has shown considerable growth potential. The company is steadily expanding its market share by introducing innovative products. Its efforts to diversify its offerings have also contributed to increased market capitalization. This commitment to quality and sustainability has helped establish industry benchmarks and facilitated the growth of its global footprint.

As Platinum Industries continues to climb the ranks in its sector, it remains focused on driving growth and success in the specialty chemicals industry. The company's innovative approach and strong leadership set a solid growth foundation. Its dedication to quality further positions it for continued expansion and success in the coming years.

Vision of Platinum Industries Limited

Platinum Industries Ltd envisions becoming a global leader in the specialty chemicals sector. The company aims to achieve this through innovation and customer-centric solutions. Its vision is to set new benchmarks in quality and performance, ensuring that its products meet the highest standards in the industry.

The company focuses on developing advanced PVC and CPVC additives. These products are essential for creating durable and high-performance plastic materials. Platinum Industries strives to lead the market with its cutting-edge research and development. The goal is to improve product quality and introduce new, innovative solutions continuously.

Sustainability is at the core of Platinum Industries’ vision. The company is committed to reducing its environmental footprint. It aims to achieve this through eco-friendly manufacturing processes and sustainable product designs. The vision includes promoting a circular economy where resources are reused and recycled.

Customer satisfaction is a key aspect of the company’s vision. Platinum Industries aims to build solid and long-term relationships with its clients. The company believes in understanding customer needs and providing tailored solutions. This customer-centric approach helps in delivering products that exceed expectations.

The company also envisions expanding its global footprint. It aims to reach new markets and establish a solid international presence. The vision includes becoming a preferred partner for businesses worldwide. Platinum Industries plans to achieve this through strategic partnerships and collaborations.

Innovation drives the company’s vision. Platinum Industries invests heavily in research and development. The goal is to stay ahead of industry trends and offer state-of-the-art products. The company believes that innovation is key to maintaining a competitive edge.

Employee development is another important aspect of the vision. Platinum Industries aims to create a supportive and inclusive work environment. The company believes in nurturing talent and providing growth opportunities. This approach helps in building a motivated and skilled workforce.

The company also focuses on community engagement. Platinum Industries aims to contribute positively to the communities where it operates. The vision includes supporting local initiatives and promoting social responsibility. The company believes in giving back to society and making a difference.

Platinum Industries envisions leveraging technology to enhance its operations. The company aims to adopt advanced technologies to improve efficiency and productivity. This includes using automation and digital tools to streamline processes. The vision is to create an innovative and efficient manufacturing environment.

The company also aims to maintain high standards of corporate governance. Platinum Industries believes in transparency and ethical business practices. The vision includes building trust with stakeholders through responsible management. The company also aims to uphold integrity in all its operations.

Platinum Industries’ vision includes being a leader in quality assurance. The company aims to implement rigorous quality control measures. This ensures that all products meet the highest standards of safety and performance. The vision is to deliver reliable and high-quality products to customers.

Platinum Industries’ vision includes achieving financial growth and stability. The company aims to deliver consistent returns to its shareholders. The vision includes strategic investments and prudent financial management. The company believes in creating long-term value for its stakeholders.

FAQ’s

What is the share price of Platinum Industries Ltd today?

Platinum Industries Ltd share price as on 22 Jan 2025 is ₹ 0

What is the Market Cap of Platinum Industries Ltd?

The market cap of Platinum Industries Ltd stock is ₹2,039.64 Cr.

What is the PE Ratio of Platinum Industries Ltd?

The Price to Earnings (P/E) Ratio of Platinum Industries Ltd is 21.70

What is the PB Ratio of Platinum Industries Ltd?

The Price to Book (P/B) Ratio of Platinum Industries Ltd is 2.87

What is the 52 week high of Platinum Industries Ltd Share Price?

The 52 week high of Platinum Industries Ltd share price stands at ₹502.05

What is the 52 week low of Platinum Industries Ltd Share Price?

The 52 week low of Platinum Industries Ltd share price stands at ₹166.75

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