Primo Chemicals Ltd Stock Price Today (NSE: PRIMO)

Primo Chemicals Ltd

23.640.43 (1.79%)
Market Closed

Fundamental Score

...

Primo Chemicals Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Primo Chemicals Ltd share price today is 23.64, down 1.79% on NSE/BSE as of 17 June 2026. Primo Chemicals Ltd (PRIMO) is a Small-cap company in the Commodity Chemicals sector with a market capitalisation of 627.21 (Cr). The 52-week high for PRIMO share price is 31.39 and the 52-week low is 16.10. At a P/E ratio of 61.98x, PRIMO is currently trading above its industry average P/E of 20.98x. The company has a Return on Equity (ROE) of 0.89% and a debt-to-equity ratio of 0.41.

Primo Chemicals Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
26.90
Low
21.25
Volume
2.6L
Change
-8.35%

Primo Chemicals Ltd share price chart: -8.35% return over the past month. 52-week high ₹31.39, 52-week low ₹16.10.

Primo Chemicals Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
21.9023.0021.6922.751.97L (Cr)
24.2024.7021.6821.992.69L (Cr)
21.6525.3821.3023.024.14L (Cr)
22.1522.1521.6521.721.24L (Cr)
22.6922.6921.2522.121.96L (Cr)
22.0022.4421.5021.951.69L (Cr)
22.2922.2921.5321.921.70L (Cr)
22.9723.0022.1522.261.13L (Cr)
23.3523.3522.5022.571.25L (Cr)
23.7523.8022.5822.931.81L (Cr)

Primo Chemicals Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
24.2024.7021.6822.75-5.99%
22.9826.9021.2523.02+0.17%
18.8825.1618.2622.98+21.72%
17.3020.1916.1018.03+4.22%
19.7822.8518.4218.72-5.36%
24.2024.2019.7020.06-17.11%
25.9626.4921.5123.94-7.78%
23.1226.6421.6125.71+11.20%
24.2024.9922.7923.40-3.31%
25.4226.6723.5023.72-6.69%
27.9428.9925.2725.57-8.48%
25.7431.3925.4627.94+8.55%

AI Research Briefing

Powered by Gemini · 2026-04-10

Primo Chemicals is a small-cap gamble dependent on a commodity upswing that's not yet visible in the numbers.

Research Confidence
5.0/10Moderate
MICRO-CAP DARK HORSEConsolidation (1M: 9.79%, 3M: -0.54%, 6M: 2.88%)Expensive (P/E: 61.98x vs Industry P/E: 20.98x)

WHAT'S HAPPENING NOW (last 2-4 weeks)

Primo Chemicals faced scrutiny from NSE/BSE due to significant price movement, clarifying it was market-driven with no undisclosed information. Markets Mojo upgraded the stock to "Hold" on April 7, citing improved technicals and attractive valuation despite a Q3 FY26 PAT decline of 58.5% to The company also confirmed SEBI compliance for Q4 FY26, ensuring smooth share handling.

CORE STORY (THE REAL GAME)

Primo is a small-cap commodity chemical player vulnerable to cyclical swings and raw material price volatility. The market is trying to figure out if the recent price action is a dead cat bounce or a genuine turnaround.

Why Now
  • Short-term price momentum
  • Upgrade to 'Hold' by Markets Mojo
  • Confirmation of SEBI compliance
Potential Catalysts
  • Sustained increase in commodity chemical prices
  • Significant order wins
  • Successful commissioning of the solar power plant leading to cost savings
Key Risks
  • Micro-cap liquidity risk
  • High P/E ratio compared to industry average
  • Negative free cash flow
Institutional Activity

FII decreased holdings by 0.03%

Macro Context

Indian chemical production is projected to increase by 10.9% in 2026, driven by robust domestic demand and government support.

Order Book / Expansion

Primo Chemicals will invest ₹21 crores in 26% of equity capital of a Special Purpose Vehicle for a 50 MW Solar Power Plant under captive mode, which is anticipated to result in cost saving of upto ₹24 crores per annum upon commissioning.

Cash Flow Quality

No (Free Cash Flow 5Y: ₹-114.84 Cr)

3–6 Month Outlook

Primo needs to demonstrate consistent earnings growth to justify its valuation. Without it, the stock remains a speculative bet on a commodity upswing.

Primary Thesis Risk

Reliance on cyclical commodity upswing and cost savings that may not materialize.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

0.89%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

6.65%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

14.78%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Primo Chemicals Ltd Valuation Check

Poor

Price to Earnings (P/E)

61.98x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

20.98x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

31.35%

% shares held by company founders/management

Poor

FII Holding

0.08%

% shares held by foreign institutional investors

Poor

DII Holding

1.92%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-67.83%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

0.28%

Revenue growth vs same quarter last year

Revenue Growth (5-Year CAGR)

N/A

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Good

Debt to Equity Ratio

0.41x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

2.06x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-114.84 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Primo Chemicals Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of PRIMO across key market metrics for learning purposes.

Positive Indicators

1 factors identified

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

8 factors identified

Below-Average Return on Equity (0.89%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (6.65%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Premium Valuation Risk (P/E: 61.98x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Profit Decline Concern (-67.83%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Weak Interest Coverage (2.06x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-114.84 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 2.00%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Primo Chemicals Ltd vs Commodity Chemicals Peers

Peer Comparison - Commodity Chemicals

Compare Primo Chemicals Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
5.1/100
24
₹627.21
62.0
Average
0.89%
Poor
6.65%
Poor
0.4
Excellent
0.00%
SRF Ltd...
SRF503806
49.8/100
2737
₹86606.52
53.5
Average
10.37%
Average
12.27%
Average
0.3
Excellent
4.40%
Average
15.30%
Excellent
0.25%
14.9/100
775
₹20261.08
62.2
Average
1.20%
Poor
3.96%
Poor
0.3
Excellent
-47.92%
Poor
7.53%
Good
1.38%
57/100
1448
₹17120.52
17.4
Average
15.56%
Good
15.67%
Good
0.7
Good
94.55%
Excellent
17.00%
Excellent
0.74%
52.8/100
516
₹7381.56
11.6
Average
7.08%
Poor
9.57%
Poor
0.0
Excellent
3.30%
Average
8.86%
Good
3.58%
Ghcl Ltd...
GHCL500171
40.4/100
463
₹5520.31
9.7
Average
18.57%
Good
24.19%
Excellent
0.0
Excellent
8.63%
Good
-0.75%
Poor
2.09%
19.7/100
18
₹5397.73
9306.4
Average
2.12%
Poor
2.57%
Poor
0.0
Excellent
173.71%
Excellent
0.00%
24.4/100
222
₹4503.74
-5.93%
Poor
1.83%
Poor
1.0
Good
28.15%
Excellent
0.00%
68.7/100
1972
₹4106.65
43.7
Average
32.05%
Excellent
41.76%
Excellent
0.1
Excellent
38.64%
Excellent
27.58%
Excellent
0.22%
28/100
687
₹3866.17
25774.5
Average
-1.13%
Poor
-0.34%
Poor
0.1
Excellent
8.37%
Good
3.01%
59.7/100
72
₹3614.14
23.9
Average
17.58%
Good
23.34%
Excellent
0.0
Excellent
17.17%
Excellent
12.90%
Good
0.63%

Primo Chemicals Ltd PE Ratio History

Historical price-to-earnings ratio for PRIMO — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20250.15₹23.94159.6x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Primo Chemicals Ltd Quarterly Performance

Latest quarterly metrics for PRIMO — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

0.28%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-67.83%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

N/A

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Primo Chemicals Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for PRIMO — calculated from daily price history

23RSI 14
Oversold — RSI 23

Selling pressure is heavy — potential reversal zone.

SMA 50
22
▲ Price above SMA 50 — Short-term bullish
SMA 200
23
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
272K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Primo Chemicals Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Primo Chemicals Ltd (PRIMO) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Primo Chemicals Ltd

About PRIMO (Primo Chemicals Ltd)

Primo Chemicals Ltd is a foundational entity in the Indian commodity chemical landscape, a manufacturer dedicated to producing the vital building blocks that underpin numerous indu...strial processes. With a comprehensive portfolio, PRIMO is heavily involved in the creation of chlorine and its derivatives. PRIMO delivers core components like caustic soda lye and flakes, crucial for processes ranging from paper production to soap manufacturing. The company also generates hydrochloric acid, essential for metal pickling and various chemical syntheses, as well as liquid chlorine, a key element in water treatment and sanitation solutions. Furthermore, PRIMO produces aluminium chloride, sodium hypochlorite, hydrogen gas, and stable bleaching powder, demonstrating its commitment to a diverse range of essential industrial chemicals. PRIMO serves as a reliable supplier to a wide range of sectors, reflecting the ubiquitous nature of its products. The company's chemicals are instrumental in paper and paper pulp manufacturing, ensuring the quality and consistency of these essential materials. Moreover, PRIMO’s output fuels the soap and detergent industry, the textile sector, and dye stuff production, providing core ingredients for these consumer goods. The aluminium industry and fertiliser producers also rely on PRIMO's chemicals for their operational needs. The chemical production and supply contributes to the performance of downstream sectors. This broad applicability underscores PRIMO's vital role in the Indian economy, its products interwoven into the fabric of countless industries. Beyond the individual chemicals, PRIMO Chemicals Ltd represents a critical infrastructure element, supporting industries that are foundational to the modern Indian economy. Its products touch sectors from viscose and rayon production to water demineralization in power plants and metal pickling processes. By providing reliable, high-quality commodity chemicals, PRIMO enables downstream industries to function efficiently and effectively. The company's consistent production and supply chain contribute to the stability of these sectors, playing a silent but significant role in the overall economic landscape. This essential role underscores PRIMO's dedication to supporting India's industrial growth and development through its commitment to excellence in chemical manufacturing.

Company Details

Symbol:PRIMO
Industry:Commodity Chemicals
Sector:Commodity Chemicals

Key Leadership

Mr. Naveen Chopra
MD, Director of Marketing & Executive Director
Mr. Sunil Parsad C.A.
Chief Financial Officer
Ms. Sugandha Kukreja C.S.
Company Secretary, Compliance Officer & Chief HR Officer

PRIMO Share Price: Frequently Asked Questions

What is the current share price of Primo Chemicals Ltd?

Primo Chemicals Ltd (PRIMO) trades at ₹23.64 on NSE and BSE. Market cap ₹627.21 (Cr). Educational data only.

What is the P/E ratio of Primo Chemicals Ltd?

Primo Chemicals Ltd has a P/E of 61.98x vs industry average 20.98x.

What is the Bull Run score for Primo Chemicals Ltd?

Primo Chemicals Ltd has a Bull Run score of 5.1/100 based on 25+ financial parameters.

Does Primo Chemicals Ltd pay dividends?

Primo Chemicals Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Primo Chemicals Ltd?

Primo Chemicals Ltd has ROE of 0.89%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Primo Chemicals Ltd?

Primo Chemicals Ltd has debt-to-equity of 0.41.

Is Primo Chemicals Ltd a good investment?

Bull Run gives Primo Chemicals Ltd a score of 5.1/100. This is not investment advice — consult a SEBI-registered advisor.