# Platinum Industries share price today (Platinum Industries Ltd, NSE: PLATIND) > Platinum Industries share price today: ₹218.03 at the NSE close on 4 November 2026, down 17.6% in a year. Platinum Industries (NSE: PLATIND) is worth ₹1,199 crore, trades at a P/E of 23.6 and has closed between ₹195.23 and ₹273.70 over the past 52 weeks. > Platinum Industries Ltd's P/E is near the low end of its own history, higher than only 11% of past readings, and its quarterly results are still getting worse. PLATIND · Speciality Chemicals · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/platinum-industries-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Turning around, from the last 12 quarters - Price: ₹218.03 (−17.6% in a year) - P/E: 23.6× (lower than 89% of the last 2.6 years) - Revenue (Jun 2026): ₹109 Cr (−5.2% on a year ago) - Profit (Jun 2026): ₹11.0 Cr (−15.4% on a year ago) - Operating margin: 12.0% (−1.0 points on a year ago) - ROCE: 16%, FY26 - ROIC: 10.4%, against a 12.0% cost of capital: −1.6 points The main question: the P/E is near the low end of its own history, higher than only 11% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. ## What is the Platinum Industries share price today? Platinum Industries Ltd's share price was ₹218.03 at the close on 4 November 2026. It has been falling for 88 weeks. That is 4.7% 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 29% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 3 weeks in a row. Over the last 2.7 years the share price moved +7% 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. ## What changed at Platinum Industries this quarter? 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. ## What are Platinum Industries' latest quarterly results? 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 | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹109 crore | ₹115 crore | −5.2% | | Profit | ₹11.0 crore | ₹13.0 crore | −15.4% | | Earnings per share | ₹2.03 | ₹2.32 | −12.5% | | Operating margin | 12.0% | 13.0% | −1.0 points | 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.) ## What is the Platinum Industries share price history? Platinum Industries closed at ₹218.03 on 4 November 2026, down 17.6% from ₹264.75 a year earlier (7 November 2025). Its highest weekly close since March 2024 was ₹487.30 on 13 December 2024. ### Platinum Industries share price: then and now | When | Close | Change to 4 Nov 2026 | | --- | --- | --- | | 1 week ago · 30 Oct 2026 | ₹221.19 | −1.4% | | 1 month ago · 1 Oct 2026 | ₹202.00 | +7.9% | | 6 months ago · 8 May 2026 | ₹260.04 | −16.2% | | 1 year ago · 7 Nov 2025 | ₹264.75 | −17.6% | | Earliest weekly close in our records · 7 Mar 2024 | ₹204.55 | +6.6% | | Highest weekly close since March 2024 · 13 Dec 2024 | ₹487.30 | −55.3% | | Lowest weekly close since March 2024 · 28 Mar 2024 | ₹171.40 | +27.2% | | 52-week high (weekly close) · 21 Nov 2025 | ₹273.70 | −20.3% | | 52-week low (weekly close) · 27 Mar 2026 | ₹195.23 | +11.7% | Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (144 weekly closes from 7 March 2024 to 4 November 2026.) ## What is the latest news on Platinum Industries? 4 Nov 2026: Platinum Industries closed at ₹218.03, down 1.4% on the week and up 7.9% 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. ## What dividend does Platinum Industries pay? 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.) ## What did Platinum Industries management say on the latest results call? 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](https://files.tijorifinance.com/insight/india/56577/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 11 August 2026.) ## What to watch in Platinum Industries' next results? 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. - What to check (from the call) - Consolidated revenue to recover from the Q1 decline, testing the softened full-year revenue framing. - CPVC margin recovery in the next print, alongside demand normalization and restoration of freight and raw-material pass-through. - Palghar utilization and stearates readiness to demonstrate operating leverage as expanded capacity ramps. - Egypt commissioning and export-customer ramp to validate the new international platform by year-end. ## Which stock lists is Platinum Industries on? Platinum Industries is not on any of our India lists this week. ## Is Platinum Industries profitable? 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. 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. ## How much revenue does Platinum Industries make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Platinum Industries keep? 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. 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. ## Is Platinum Industries' profit turning into cash? 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. 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. ## Where does Platinum Industries' cash go? 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. 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. ## What is Platinum Industries' P/E ratio, and how does it compare with its own history? Platinum Industries Ltd's P/E is 23.6×, near the low end of its own history: it has been lower only 11% 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. Why the multiple is where it is: over the past year earnings per share moved +5.8% while the price moved −17.6%. 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. ## Is the Platinum Industries business getting better or worse? 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. 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. ## How much does Platinum Industries earn on its capital? 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). 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. ## Does Platinum Industries have too much debt? 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. ## What is the Platinum Industries shareholding pattern? 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. 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. ## How far is Platinum Industries from balance-sheet trouble? 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. ## How does Platinum Industries rank in its industry? 45.5 out of 100, rank 21 of 30 in Speciality Chemicals, with 81% of the evidence available. Platinum Industries Ltd scores 45.5 out of 100 against the 30 companies it is compared with in Speciality Chemicals, ranking 21. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 11.3 + 14.3 + 9.9 + 10 = 45.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Platinum Industries compared with? Platinum Industries ranks 21 of 30 Speciality Chemicals companies on the 4-Factor Sector Score, with 45.5 out of 100. 1. [Panama Petrochem Ltd](https://www.sectoralpha.in/stocks/panama-petrochem-ltd) PANAMAPET · turning · Sector-leading setup · 96% evidence 82.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.8/35 · Revenue 45.9% · Profit 100% · Operating margin change 14 points · 88% evidence Capital efficiency 17.6/25 · ROCE 19.2% · Operating margin 22% · 100% evidence Valuation 19.7/20 · P/E 5.7× · PEG 0.18 · 100% evidence Relative strength 13.9/20 · Lead over its industry 16.3% · Lead over NIFTY 500 31.3% · 1 year 68.1% · 100% evidence · 10 of 12 weeks ahead Exact sum: 30.8 + 17.6 + 19.7 + 13.9 = 82 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Yasho Industries Ltd](https://www.sectoralpha.in/stocks/yasho-industries-ltd) YASHO · losing its lead · Most evidence points up · 78% evidence 67.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.0/35 · Revenue 54.2% · Profit 100% · Operating margin change 3 points · 100% evidence Capital efficiency 12.3/25 · ROCE 8.9% · Operating margin 21% · 100% evidence Valuation 12.7/20 · P/E 45× · PEG 1.02 · 65% evidence Relative strength 12.2/20 · Lead over its industry n/a · Lead over NIFTY 500 41.1% · 1 year 103.4% · 25% evidence · 11 of 12 weeks ahead Exact sum: 30 + 12.3 + 12.7 + 12.2 = 67.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Vikram Thermo (India) Ltd](https://www.sectoralpha.in/stocks/vikram-thermo-indialtd) breaking out · Evidence leans up · 68% evidence 64.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Revenue 16.9% · Profit 41.9% · Operating margin change 8 points · 83% evidence Capital efficiency 21.1/25 · ROCE 36.2% · Operating margin 48% · 95% evidence Valuation 6.6/20 · P/E 25.8× · PEG n/a · 50% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 74.5% · 1 year n/a · 25% evidence · 12 of 12 weeks ahead Exact sum: 23.8 + 21.1 + 6.6 + 12.5 = 64 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 4. [Sunshield Chemicals Ltd](https://www.sectoralpha.in/stocks/sunshield-chemicals-ltd) SUNSHIEL · quiet · Evidence leans up · 81% evidence 63.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.6/35 · Revenue 12.9% · Profit 100% · Operating margin change 5 points · 88% evidence Capital efficiency 18.6/25 · ROCE 19.9% · Operating margin 16% · 100% evidence Valuation 10.8/20 · P/E 24.3× · PEG 2.21 · 100% evidence Relative strength 10.8/20 · Lead over its industry n/a · Lead over NIFTY 500 4.3% · 1 year -4% · 25% evidence · 0 of 5 weeks ahead Exact sum: 23.6 + 18.6 + 10.8 + 10.8 = 63.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Black Rose Industries Ltd](https://www.sectoralpha.in/stocks/black-rose-industries-ltd) BLACKROSE · quiet · Evidence leans up · 81% evidence 60.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.6/35 · Revenue 8.6% · Profit 28.6% · Operating margin change 6 points · 88% evidence Capital efficiency 16.3/25 · ROCE 18.7% · Operating margin 16% · 100% evidence Valuation 10.0/20 · P/E 17.1× · PEG 4.96 · 100% evidence Relative strength 10.9/20 · Lead over its industry n/a · Lead over NIFTY 500 4.4% · 1 year n/a · 25% evidence · 7 of 12 weeks ahead Exact sum: 23.6 + 16.3 + 10 + 10.9 = 60.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Tatva Chintan Pharma Chem Ltd](https://www.sectoralpha.in/stocks/tatva-chintan-pharma-chem-ltd) TATVA · losing its lead · Evidence leans up · 93% evidence 59.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.7/35 · Revenue 49.2% · Profit 100% · Operating margin change 1 points · 100% evidence Capital efficiency 8.5/25 · ROCE 7.2% · Operating margin 19% · 100% evidence Valuation 11.3/20 · P/E 60.2× · PEG 1.21 · 65% evidence Relative strength 11.4/20 · Lead over its industry 7.8% · Lead over NIFTY 500 23.3% · 1 year 15.6% · 100% evidence · 10 of 12 weeks ahead Exact sum: 28.7 + 8.5 + 11.3 + 11.4 = 59.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Aether Industries Ltd](https://www.sectoralpha.in/stocks/aether-industries-ltd) AETHER · leader · Evidence leans up · 90% evidence 59.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.4/35 · Revenue 30.2% · Profit 28.4% · Operating margin change 1 points · 100% evidence Capital efficiency 12.7/25 · ROCE 11.9% · Operating margin 32% · 100% evidence Valuation 9.7/20 · P/E 85.1× · PEG n/a · 50% evidence Relative strength 14.8/20 · Lead over its industry 22.3% · Lead over NIFTY 500 38.6% · 1 year 114.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.4 + 12.7 + 9.7 + 14.8 = 59.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Privi Speciality Chemicals Ltd](https://www.sectoralpha.in/stocks/privi-speciality-chemicals-ltd) PRIVISCL · quiet · Evidence leans up · 82% evidence 59.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Revenue 17.5% · Profit 44.5% · Operating margin change -1 points · 95% evidence Capital efficiency 18.5/25 · ROCE 22.3% · Operating margin 26% · 76% evidence Valuation 10.1/20 · P/E 33.7× · PEG n/a · 50% evidence Relative strength 7.1/20 · Lead over its industry -9.7% · Lead over NIFTY 500 4.2% · 1 year 10.5% · 100% evidence · 2 of 12 weeks ahead Exact sum: 23.7 + 18.5 + 10.1 + 7.1 = 59.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Fineotex Chemical Ltd](https://www.sectoralpha.in/stocks/fineotex-chemical-ltd) FCL · leader · Evidence leans up · 96% evidence 59.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.3/35 · Revenue 91.5% · Profit 41% · Operating margin change -2 points · 88% evidence Capital efficiency 13.6/25 · ROCE 18.3% · Operating margin 16% · 100% evidence Valuation 5.7/20 · P/E 46.1× · PEG 1.92 · 100% evidence Relative strength 19.5/20 · Lead over its industry 34.1% · Lead over NIFTY 500 48.9% · 1 year 62.9% · 100% evidence · 12 of 12 weeks ahead Exact sum: 20.3 + 13.6 + 5.7 + 19.5 = 59.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [DMCC Speciality Chemicals Ltd](https://www.sectoralpha.in/stocks/dmcc-speciality-chemicals-ltd) DMCC · quiet · Evidence leans up · 93% evidence 55.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.9/35 · Revenue 72.1% · Profit 34.5% · Operating margin change -6.9 points · 100% evidence Capital efficiency 8.6/25 · ROCE 14.8% · Operating margin 4.2% · 100% evidence Valuation 16.1/20 · P/E 16.9× · PEG 0.44 · 65% evidence Relative strength 7.8/20 · Lead over its industry -12.3% · Lead over NIFTY 500 0.9% · 1 year -15.5% · 100% evidence · 9 of 12 weeks ahead Exact sum: 22.9 + 8.6 + 16.1 + 7.8 = 55.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Aarti Industries Ltd](https://www.sectoralpha.in/stocks/aarti-industries-ltd) AARTIIND · quiet · Evidence leans up · 100% evidence 55.1 out of 100 Growth Capital Valuation Relative 12. [Galaxy Surfactants Ltd](https://www.sectoralpha.in/stocks/galaxy-surfactants-ltd) GALAXYSURF · leader · Evidence leans up · 81% evidence 53.7 out of 100 Growth Capital Valuation Relative 13. [Pidilite Industries Ltd](https://www.sectoralpha.in/stocks/pidilite-industries-ltd) PIDILITIND · quiet · Evidence leans up · 100% evidence 52.8 out of 100 Growth Capital Valuation Relative 14. [DIC India Ltd](https://www.sectoralpha.in/stocks/dic-india-ltd) DICIND · breaking out · Evidence leans up · 81% evidence 52.8 out of 100 Growth Capital Valuation Relative 15. [Neogen Chemicals Ltd](https://www.sectoralpha.in/stocks/neogen-chemicals-ltd) NEOGEN · leader · Evidence leans up · 90% evidence 51.7 out of 100 Growth Capital Valuation Relative 16. [Kronox Lab Sciences Ltd](https://www.sectoralpha.in/stocks/kronox-lab-sciences-ltd) KRONOX · breaking out · Evidence leans up · 74% evidence 51.6 out of 100 Growth Capital Valuation Relative 17. [Chemcon Speciality Chemicals Ltd](https://www.sectoralpha.in/stocks/chemcon-speciality-chemicals-ltd) CHEMCON · breaking out · Evidence leans up · 85% evidence 50.9 out of 100 Growth Capital Valuation Relative 18. [Grauer & Weil (India) Ltd](https://www.sectoralpha.in/stocks/grauer-weil-indialtd) GRAUWEIL · breaking out · Evidence leans down · 96% evidence 46.3 out of 100 Growth Capital Valuation Relative 19. [Paushak Ltd](https://www.sectoralpha.in/stocks/paushak-ltd) PAUSHAKLTD · losing its lead · Evidence leans down · 85% evidence 45.6 out of 100 Growth Capital Valuation Relative 20. [Alkyl Amines Chemicals Ltd](https://www.sectoralpha.in/stocks/alkyl-amines-chemicals-ltd) ALKYLAMINE · quiet · Evidence leans down · 96% evidence 45.5 out of 100 Growth Capital Valuation Relative 21. Platinum Industries Ltd this page PLATIND · turning · Evidence leans down · 81% evidence 45.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.3/35 · Revenue 9.6% · Profit 6.5% · Operating margin change -1 points · 88% evidence Capital efficiency 14.3/25 · ROCE 15.8% · Operating margin 12% · 100% evidence Valuation 9.9/20 · P/E 23.9× · PEG 3.73 · 100% evidence Relative strength 10.0/20 · Lead over its industry n/a · Lead over NIFTY 500 2% · 1 year -19.9% · 25% evidence · 2 of 12 weeks ahead Exact sum: 11.3 + 14.3 + 9.9 + 10 = 45.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 22. [Innovassynth Technologies (India) Ltd](https://www.sectoralpha.in/stocks/innovassynth-technologies-indialtd) breaking out · Too little evidence to rank firmly · 53% evidence 44.0 out of 100 Growth Capital Valuation Relative 23. [Anupam Rasayan India Ltd](https://www.sectoralpha.in/stocks/anupam-rasayan-india-ltd) ANURAS · turning · Evidence leans down · 78% evidence 43.7 out of 100 Growth Capital Valuation Relative 24. [Vinati Organics Ltd](https://www.sectoralpha.in/stocks/vinati-organics-ltd) VINATIORGA · quiet · Evidence leans down · 82% evidence 42.4 out of 100 Growth Capital Valuation Relative 25. [Amines & Plasticizers Ltd](https://www.sectoralpha.in/stocks/amines-plasticizers-ltd) AMNPLST · quiet · Evidence leans down · 81% evidence 42.3 out of 100 Growth Capital Valuation Relative 26. [Amal Ltd](https://www.sectoralpha.in/stocks/amal-ltd) AMAL · quiet · Evidence leans down · 68% evidence 41.3 out of 100 Growth Capital Valuation Relative 27. [Transpek Industry Ltd](https://www.sectoralpha.in/stocks/transpek-industry-ltd) TRANSPEK · losing its lead · Evidence leans down · 63% evidence 38.6 out of 100 Growth Capital Valuation Relative 28. [Vishnu Chemicals Ltd](https://www.sectoralpha.in/stocks/vishnu-chemicals-ltd) VISHNU · losing its lead · Evidence leans down · 100% evidence 38.2 out of 100 Growth Capital Valuation Relative 29. [Clean Science & Technology Ltd](https://www.sectoralpha.in/stocks/clean-science-technology-ltd) CLEAN · breaking out · Evidence leans down · 85% evidence 38.1 out of 100 Growth Capital Valuation Relative 30. [Thirumalai Chemicals Ltd](https://www.sectoralpha.in/stocks/thirumalai-chemicals-ltd) TIRUMALCHM · quiet · Most evidence points down · 68% evidence 27.4 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Speciality Chemicals](https://www.sectoralpha.in/sectors/speciality-chemicals), all 30 compared on one page. ## Which companies are close to Platinum Industries in size? 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 1. [Innovassynth Technologies (India) Ltd](https://www.sectoralpha.in/stocks/innovassynth-technologies-indialtd) ₹1,468 crore 2. [Paushak Ltd](https://www.sectoralpha.in/stocks/paushak-ltd) ₹1,450 crore 3. [Thirumalai Chemicals Ltd](https://www.sectoralpha.in/stocks/thirumalai-chemicals-ltd) ₹1,378 crore 4. Platinum Industries Ltd ₹1,215 crore 5. [Vikram Thermo (India) Ltd](https://www.sectoralpha.in/stocks/vikram-thermo-indialtd) ₹1,129 crore 6. [Sunshield Chemicals Ltd](https://www.sectoralpha.in/stocks/sunshield-chemicals-ltd) ₹882 crore 7. [Amines & Plasticizers Ltd](https://www.sectoralpha.in/stocks/amines-plasticizers-ltd) ₹782 crore [All 30 Speciality Chemicals companies, largest first](https://www.sectoralpha.in/sectors/speciality-chemicals#all-companies) ### Companies close in size in other industries 1. [Steel Exchange India Ltd](https://www.sectoralpha.in/stocks/steel-exchange-india-ltd) ₹1,221 crore · Steel Products 2. [Astec Lifesciences Ltd](https://www.sectoralpha.in/stocks/astec-lifesciences-ltd) ₹1,216 crore · Pesticides/Agrochemicals 3. Platinum Industries Ltd ₹1,215 crore 4. [Spice Lounge Food Works Ltd](https://www.sectoralpha.in/stocks/spice-lounge-food-works-ltd) ₹1,212 crore · Finance & Investments - Others 5. [Keto Motors Ltd](https://www.sectoralpha.in/stocks/keto-motors-ltd) ₹1,211 crore · Trading ## What else do people ask about Platinum Industries? ### What is Platinum Industries's share price today? Platinum Industries Ltd's share price is ₹218.03, −17.6% over the past year. The whole company is worth ₹1,199 Cr on the market. In the last 52 weeks it traded between ₹195 to ₹274; today it is 29% of the way up from the low, 4.7% below its 200-day average (as of 4 November 2026). ### What were Platinum Industries's latest quarterly results? Platinum Industries Ltd reported revenue of ₹109 Cr and net profit of ₹11.0 Cr for the Jun 2026 quarter. Revenue fell 5.2% and profit fell 15.4% compared with a year earlier. Earnings per share were ₹2.03. The operating margin was 12.0%, 1.0 percentage points lower than a year earlier (as of 4 November 2026). ### What is Platinum Industries's market cap? Platinum Industries Ltd's market capitalisation is ₹1,199 Cr at a share price of ₹218.03. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Platinum Industries performing? Platinum Industries Ltd's share price has been falling for 88 weeks. In its latest quarter, revenue fell 5.2% and profit fell 15.4% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 3 weeks running (as of 4 November 2026). ### Will Platinum Industries's share price go up? This page does not forecast Platinum Industries Ltd's share price. What it shows instead: the share price is ₹218.03, and it has been falling for 88 weeks. Its P/E of 23.6× is higher than 11% of its own last 3 years (as of 4 November 2026). ### Who owns Platinum Industries? Promoters own 70.0% of Platinum Industries Ltd, foreign institutions 0.2%, domestic institutions 3.7% and the public 26.1% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 1.0 percentage points over 8 quarters (as of 4 November 2026). ### Does Platinum Industries have too much debt? No, Platinum Industries Ltd has little debt: its debt is 0.02× its equity, and its operating profit is 20 times its interest bill. FY26 borrowings were ₹10.0 Cr against equity of ₹443 Cr. So the returns on this page come from the business, not borrowed money (as of 4 November 2026). ### Where is Platinum Industries in its business cycle? Platinum Industries Ltd's FY26 operating margin was 13.0%, against a 6-year range of 9.0% to 23.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 12.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Platinum Industries story? The main question: the P/E is near the low end of its own history, higher than only 11% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Platinum Industries a stock worth studying right now? What the numbers show: Platinum Industries Ltd's P/E is near the low end of its own history, higher than only 11% of past readings, and its quarterly results are still getting worse. The main open question: whether results start to improve. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a Platinum Industries share price forecast for 2026? What management itself guided: FY27 revenue growth 30-40%. This is research, not advice. We’re not SEBI-registered.