Platinum Industries Ltd
Incorporated in August 2016, Platinum Industries specializes in manufacturing PVC stabilizers, CPVC additives, and lubricants.[1]
- Market Cap ₹ 2,186 Cr.
- Current Price ₹ 398
- High / Low ₹ 440 / 167
- Stock P/E 44.1
- Book Value ₹ 60.3
- Dividend Yield 0.00 %
- ROCE 27.2 %
- ROE 22.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 39.1%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|
89 | 188 | 231 | 264 | 305 | |
82 | 163 | 178 | 203 | 240 | |
Operating Profit | 8 | 25 | 54 | 61 | 65 |
OPM % | 9% | 14% | 23% | 23% | 21% |
0 | 1 | 1 | 2 | 7 | |
Interest | 0 | 2 | 2 | 2 | 2 |
Depreciation | 1 | 1 | 2 | 3 | 3 |
Profit before tax | 7 | 24 | 51 | 58 | 67 |
Tax % | 28% | 26% | 26% | 26% | |
5 | 18 | 38 | 44 | 50 | |
EPS in Rs | 45.79 | 168.63 | 9.42 | 7.96 | 10.49 |
Dividend Payout % | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 44% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 108% |
TTM: | 15% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 39% |
Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Equity Capital | 1 | 1 | 40 | 55 |
Reserves | 3 | 21 | 22 | 276 |
5 | 26 | 22 | 11 | |
23 | 36 | 37 | 53 | |
Total Liabilities | 32 | 84 | 121 | 395 |
6 | 7 | 34 | 40 | |
CWIP | 0 | 0 | 3 | 8 |
Investments | 0 | 0 | 0 | 0 |
27 | 78 | 84 | 347 | |
Total Assets | 32 | 84 | 121 | 395 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
3 | -15 | 38 | 33 | |
-1 | -5 | -37 | -79 | |
-1 | 19 | 0 | 220 | |
Net Cash Flow | 1 | -1 | 2 | 174 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Debtor Days | 68 | 94 | 49 | 69 |
Inventory Days | 31 | 41 | 71 | 48 |
Days Payable | 100 | 73 | 36 | 58 |
Cash Conversion Cycle | -1 | 62 | 84 | 59 |
Working Capital Days | 11 | 72 | 62 | 58 |
ROCE % | 88% | 75% | 27% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
6 Sep - Newspaper Advertisement regarding Dispatch of Notice of 04th AGM to the Shareholders.
- Intimation For Book Closure 5 Sep
- Reg. 34 (1) Annual Report. 5 Sep
-
Intimation Of Notice Of The 04Th Annual General Meeting Of The Company
5 Sep - Notice of 4th Annual General Meeting scheduled for September 27, 2024.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
3 Sep - Copies of Newspaper Advertisement published on Tuesday, 03rd September, 2024 regarding information on 04th Annual General Meeting to be held on 27th September, 2024 at …
Concalls
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Jun 2024TranscriptNotesPPT
Leading Manufacturer of PVC Stabilisers[1] The company is the third largest Indian manufacturer of PVC stabilizers in terms of sales with 13.0% market share in FY23. Top 3 manufacturers account for 50-55% of market share and top 2 manufacturers are Baerlocher and Goldstab.[2]