Primo Chemicals share price today

Primo Chemicals Ltd's share price was ₹21.55 at the close on 6 November 2026. It has been moving sideways for 3 weeks. That is 8.6% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 1 week running.

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 Primo Chemicals Ltd is in stage 1. The phase helps read everything below.

Since its first close in our records, on 17 April 2026, it has traded between ₹21 and ₹28, and at that close it sat 8% of the way up from that low.

Over the last 7 months the share price moved −11% while the NIFTY 500 moved −5%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. 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.

Primo Chemicals has paid no dividend on the NSE since its first NSE close in our records (17 April 2026), the start of the period we checked.

No. Primo Chemicals 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 7 November 2026.

For April to June 2026 (the quarter ended 30 June 2026), Primo Chemicals reported revenue of ₹140 crore, down 1.2% from ₹142 crore a year earlier, and a profit of ₹4.68 crore, up 14.7% from ₹4.08 crore.

Primo Chemicals 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).

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

Primo Chemicals closed at ₹21.55 on 6 November 2026. Its highest weekly close since April 2026 was ₹28.17 on 28 September 2026.

Primo Chemicals share price: then and now

Weekly closing prices. Each change is the move from that price to the 6 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

37 weekly closes from 17 April 2026 to 6 November 2026.

6 Nov 2026: Primo Chemicals closed at ₹21.55, down 4.3% on the week and down 18.1% on the month. Results for April to June 2026: Revenue down 1.2% and profit up 14.7% on a year earlier.

Primo Chemicals is on one of our India lists: Penny stocks.

Primo Chemicals Ltd earned ₹4.7 Cr of net profit in the Jun 2026 quarter, +14.7% on the same quarter a year earlier. Full-year FY26 profit was ₹15.0 Cr. Over 5 years profit has grown 13.4% a year on average. That is 3.3% of the quarter's revenue. The same quarter a year earlier earned ₹4.1 Cr.

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

4 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was ₹15.0 Cr (+275.0% on the year before).

Why profit moved: revenue changed −1.2% on a year earlier and the margin moved +0.5 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed −35.7% and revenue −2.6%. Profit is growing slower than sales: rising costs are taking part of the growth.

Primo Chemicals Ltd reported ₹140 Cr of revenue in the Jun 2026 quarter, −1.2% on the same quarter a year earlier. Over 5 years it has grown 20.1% a year on average. The last full year, FY26, came in at ₹558 Cr. The last four reported quarters add to ₹560 Cr.

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

FY26 revenue was ₹558 Cr, +1.6% on the year before.

Recent pace: the last four quarters grew −2.6% on average, against 20.1% 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 −2.7%, against +17.0% a year over the last 8 quarters (rolling over).

Primo Chemicals Ltd's operating margin was 14.8% in the Jun 2026 quarter, 0.5 percentage points higher than the same quarter a year ago. Across 6 years it has been between −6.0% and 27.0%. 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 +0.5 percentage points on the year while gross margin changed −0.4 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 179% of Primo Chemicals Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹65.0 Cr of operating cash against ₹15.0 Cr of profit. After ₹27.0 Cr of spending on assets, ₹38.0 Cr was left over as free cash.

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 179% of profit came in as cash: the cash cycle got 172 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Primo Chemicals Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 20 days in FY26, up from −152 days in FY21. It spent ₹134 Cr on assets over the last 3 years. Customers take 21 days to pay, and stock sits for 114 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 ₹558 Cr, each day of that cycle ties up about ₹1.5 Cr, so roughly ₹31.0 Cr is tied up in the business at any time.

FY26: customers took 21 days to pay and stock sat for 114 days, about 3.8 months of sales sitting as stock, for a full cycle of 20 days, longer than FY21's −152.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 114 days. Customers pay about 21 days after that. Suppliers are paid at 115 days. Together that makes the 20-day cycle.

Spending on assets: ₹134 Cr over the last 3 years, against ₹144 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹12.0 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

Primo Chemicals Ltd's P/E is 33.5×, in the middle of its own history: higher than 47% of past readings. Its usual P/E (the middle reading) is 34.4×, over 4.5 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.

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

Primo Chemicals Ltd's business is getting worse. Revenue, profit and EPS growth are shrinking: revenue growth is −2.7% in the latest quarter, against +40.7% at its best in 12 quarters, with ROCE steady at 7.1%. 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: falling lines mean any ratio below that looks low should be read with that direction in mind.

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.

Primo Chemicals Ltd earned a ROCE of 6% in FY26. That is up from a low of −2% in FY24. Its return on capital used (ROIC) is 8.6 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

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.

It comes from a 2.7% net margin and 0.81× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a 2.7% net margin × 0.81× asset turnover × 1.70× leverage (assets divided by equity) ≈ 3.7% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 3.4% − 12.0% = −8.6 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 3.4% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 4.4%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

Primo Chemicals Ltd has total debt of ₹131 Cr against shareholder equity of ₹406 Cr as of Jun 2026, so its debt is 0.32× its equity. Year by year, that ratio went from 0.22 in FY22 to 0.32 in FY26. Keep that borrowing in mind when reading the returns on this page.

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 raised their stake in Primo Chemicals Ltd by 1.0 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 32.4% of the company. Foreign institutions moved +0.2 points over the same period, to 0.3%. 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 32.4%; Foreign institutions: +0.2 points over 8 quarters, to 0.3%; Domestic institutions: +0.0 points over 8 quarters, to 1.9%.

Why the owners changed: promoters drove it (+1.0 points). They raised their stake step by step.

For Primo Chemicals 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.

42.1 out of 100, rank 6 of 7 in Chemicals - Inorganic - Caustic Soda/Soda Ash, with 71% of the evidence available.

Primo Chemicals Ltd scores 42.1 out of 100 against the 7 companies it is compared with in Chemicals - Inorganic - Caustic Soda/Soda Ash, ranking 6. 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 + 11.2 + 8.3 + 11.6 = 42.1. 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.

Primo Chemicals ranks 6 of 7 Chemicals - Inorganic - Caustic Soda/Soda Ash companies on the 4-Factor Sector Score, with 42.1 out of 100.

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: Chemicals - Inorganic - Caustic Soda/Soda Ash, all 7 compared on one page.

Primo Chemicals is the 6th largest of 7 Chemicals - Inorganic - Caustic Soda/Soda Ash companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Tata Chemicals, Gujarat Alkalies & Chemicals, GHCL, TGV Sraac and Tuticorin Alkali Chemicals & Fertilizers. Just below it: Chemfab Alkalis.

Chemicals - Inorganic - Caustic Soda/Soda Ash companies close in size

1. Tata Chemicals Ltd ₹15,174 crore
2. Gujarat Alkalies & Chemicals Ltd ₹3,975 crore
3. GHCL Ltd ₹3,475 crore
4. TGV Sraac Ltd ₹1,265 crore
5. Tuticorin Alkali Chemicals & Fertilizers Ltd ₹579 crore
6. Primo Chemicals Ltd ₹548 crore
7. Chemfab Alkalis Ltd ₹472 crore

All 7 Chemicals - Inorganic - Caustic Soda/Soda Ash companies, largest first

Companies close in size in other industries

1985. Chembond Chemicals Ltd ₹549 crore · Chemicals - Speciality
1986. Fabtech Cleanrooms Ltd ₹548 crore · Miscellaneous
1987. Primo Chemicals Ltd ₹548 crore
1988. Singer India Ltd ₹548 crore · Trading
1989. Magna Electro Castings Ltd ₹547 crore · Castings - Grey Iron

Sector Alpha, written by code from the published numbers. Data as of 6 November 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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