Platinum Industries share price today

Platinum Industries Ltd's share price was ₹221.19 at the close on 30 October 2026. It has been falling for 88 weeks. That is 3.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹195 and ₹274, and at that close it sat 33% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Platinum Industries Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 2 weeks in a row.

Over the last 2.6 years the share price moved +8% while the NIFTY 500 moved +11%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

2. Revenue fell in the June 2026 quarter

   Revenue was ₹109 crore, -5.2% on a year earlier (₹115 crore), after 2 quarters of growth.

   Why: Sales fell because pipe demand was shrinking and there was more CPVC supply than buyers wanted, while war-related shipping problems delayed deliveries.

   Next results: check whether revenue recovers from the June quarter fall.

   From the earnings call on 11 Aug 2026.

3. Indian funds and insurers (DIIs) raised their stake for 3 quarters in a row

   From 3% to 3.7% of the company by the September 2026 quarter.

For April to June 2026 (the quarter ended 30 June 2026), Platinum Industries reported revenue of ₹109 crore, down 5.2% from ₹115 crore a year earlier, and a profit of ₹11.0 crore, down 15.4% from ₹13.0 crore.

Platinum Industries results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Platinum Industries' management discussed these results on a call held on 11 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Platinum Industries closed at ₹221.19 on 30 October 2026, down 19.9% from ₹276.25 a year earlier (31 October 2025). Its highest weekly close since March 2024 was ₹487.30 on 13 December 2024.

Platinum Industries share price: then and now

Weekly closing prices. Each change is the move from that price to the 30 Oct 2026 close. A day's intraday high or low can go beyond these weekly closes.

143 weekly closes from 7 March 2024 to 30 October 2026.

30 Oct 2026: Platinum Industries closed at ₹221.19, down 1.6% on the week and up 9.5% on the month. 11 Aug 2026: Platinum Industries held its results call for April to June 2026. Management guided: FY27 revenue growth 30-40%.

Earlier

• Results for April to June 2026: Revenue down 5.2% and profit down 15.4% on a year earlier.

Platinum Industries has paid no dividend on the NSE since its first NSE close in our records (7 March 2024), the start of the period we checked.

No. Platinum Industries Ltd paid out 0% of its profit as dividends in each of its last 6 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 11 August 2026, Platinum Industries' management guided: FY27 revenue growth 30-40%.

“We are definitely willing to maintain the 40% growth guidance, and we are already on track for that. However, unfortunately, due to the situation arising from this war and related factors, demand was somewhat on the downside. But yes, we will maintain growth of 30-40% this year.”Krishna Rana, Chairman & Managing Director, on the call for April to June 2026

What management guided

• FY27 Oleo revenue ₹55-60 crore in one answer and ₹65-70 crore in another; three-year Oleo goal ₹150-200 crore.
• Egypt commercial production before 31 December 2026; approximately ₹68 crore of spending, 60,000 TPA capacity, FY27 contribution ₹30-35 crore and three-year topline ₹250-300 crore.
• Palghar expansion capital spending approximately ₹71 crore; stearates ready September-October 2026, India capacity toward 85,000-plus TPA, new-facility topline ₹700-800 crore over three years.
• CPVC margins planned at 20-21% by Q4 as demand normalizes and raw-material shipment disruption eases.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 11 August 2026.

When Platinum Industries reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Consolidated revenue to recover from the Q1 decline, testing the softened full-year revenue framing.

Platinum Industries is not on any of our India lists this week.

Platinum Industries Ltd earned ₹11.0 Cr of net profit in the Jun 2026 quarter, −15.4% on the same quarter a year earlier. Full-year FY26 profit was ₹51.0 Cr. Over 5 years profit has grown 59.1% a year on average. That is 10.1% of the quarter's revenue. The same quarter a year earlier earned ₹13.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹51.0 Cr (+4.1% on the year before).

Why profit moved: revenue changed −5.2% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +27.0% and revenue +10.4%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Platinum Industries Ltd reported ₹109 Cr of revenue in the Jun 2026 quarter, −5.2% on the same quarter a year earlier. Over 5 years it has grown 38.3% a year on average. The last full year, FY26, came in at ₹450 Cr. The last four reported quarters add to ₹444 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹450 Cr, +14.8% on the year before.

Recent pace: the last four quarters grew +10.4% on average, against 38.3% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +9.6%, against +20.7% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +6.5%, against −1.0% a year (accelerating).

Platinum Industries Ltd's operating margin was 12.0% in the Jun 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Across 6 years it has been between 9.0% and 23.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −0.8 percentage points on the year while gross margin changed +0.4 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 19% of Platinum Industries Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 its operations used ₹1.0 Cr of cash, against ₹51.0 Cr of profit. After ₹31.0 Cr of spending on assets, free cash was −₹32.0 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 19% of profit came in as cash: the cash cycle got 96 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: less of the profit turns into cash than it should, and the cash cycle is 96 days longer. The next section looks at where the cash is stuck.

Platinum Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 95 days in FY26, up from −1 days in FY21. It spent ₹130 Cr on assets over the last 3 years. Customers take 101 days to pay, and stock sits for 78 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹450 Cr, each day of that cycle ties up about ₹1.2 Cr, so roughly ₹117 Cr is tied up in the business at any time.

FY26: customers took 101 days to pay and stock sat for 78 days, about 2.6 months of sales sitting as stock, for a full cycle of 95 days, longer than FY21's −1.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 78 days. Customers pay about 101 days after that. Suppliers are paid at 83 days. Together that makes the 95-day cycle.

Spending on assets: ₹130 Cr over the last 3 years, against ₹13.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹45.0 Cr (FY26): assets paid for that are not earning yet.

In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit.

Platinum Industries Ltd's P/E is 23.9×, near the low end of its own history: it has been lower only 14% of the time. Its usual P/E (the middle reading) is 27.9×, over 2.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved +5.8% while the price moved −19.9%. Earnings did better than the price, which pulled the multiple down within its own range.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Platinum Industries Ltd's business is turning around. Profit growth has swung from −22.2% at its low to +6.5%, improving for 2 quarters in a row, with ROCE steady at 15.2%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Platinum Industries Ltd earned a ROCE of 16% in FY26. Its return on capital used (ROIC) is 1.6 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 11.3% net margin and 0.82× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 11.3% net margin × 0.82× asset turnover × 1.24× leverage (assets divided by equity) ≈ 11.5% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 10.4% − 12.0% = −1.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The 10.4% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 14.4%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

Platinum Industries Ltd has total debt of ₹10.0 Cr against shareholder equity of ₹455 Cr as of Jun 2026, so its debt is 0.02× its equity, which is very little. Year by year, that ratio went from 0.31 in FY23 to 0.02 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

Promoters cut their stake in Platinum Industries Ltd by 1.0 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 70.0% of the company. Domestic institutions moved +0.7 points over the same period, to 3.7%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Promoters: −1.0 points over 8 quarters, to 70.0%; Domestic institutions: +0.7 points over 8 quarters, to 3.7%; Foreign institutions: −0.5 points over 8 quarters, to 0.2%.

Why the owners changed: promoters drove it (−1.0 points), with the other side taken by domestic institutions (+0.7 points). They reduced their stake.

For Platinum Industries Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

There is no score against its industry: Platinum Industries Ltd is score temporarily unavailable, fetchAllRows(mlaSectorData.supplemental[1]): page at offset 2000 failed: canceling statement due to statement timeout for undefined.

The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.

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Platinum Industries is the 20th largest of 30 Speciality Chemicals companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Innovassynth Technologies (India), Paushak and Thirumalai Chemicals. Just below it: Vikram Thermo (India), Sunshield Chemicals and Amines & Plasticizers.

Speciality Chemicals companies close in size

17. Innovassynth Technologies (India) Ltd ₹1,468 crore
18. Paushak Ltd ₹1,450 crore
19. Thirumalai Chemicals Ltd ₹1,378 crore
20. Platinum Industries Ltd ₹1,215 crore
21. Vikram Thermo (India) Ltd ₹1,129 crore
22. Sunshield Chemicals Ltd ₹882 crore
23. Amines & Plasticizers Ltd ₹782 crore

All 30 Speciality Chemicals companies, largest first

Companies close in size in other industries

1480. Steel Exchange India Ltd ₹1,221 crore · Steel Products
1481. Astec Lifesciences Ltd ₹1,216 crore · Pesticides/Agrochemicals
1482. Platinum Industries Ltd ₹1,215 crore
1483. Spice Lounge Food Works Ltd ₹1,212 crore · Finance & Investments - Others
1484. Keto Motors Ltd ₹1,211 crore · Trading

Sector Alpha, written by code from the published numbers. Data as of 30 October 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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