# Primo Chemicals share price today (Primo Chemicals Ltd, NSE: PRIMO) > Primo Chemicals share price today: ₹21.15 at the NSE close on 4 November 2026. Primo Chemicals (NSE: PRIMO) is worth ₹513 crore and trades at a P/E of 32.9. > Primo Chemicals Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. PRIMO · Chemicals - Inorganic - Caustic Soda/Soda Ash · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/primo-chemicals-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: Getting worse, from the last 12 quarters - Price: ₹21.15 - P/E: 32.9× (lower than 56% of the last 4.5 years) - Revenue (Jun 2026): ₹140 Cr (−1.2% on a year ago) - Profit (Jun 2026): ₹4.7 Cr (+14.7% on a year ago) - Operating margin: 14.8% (+0.5 points on a year ago) - ROCE: 6%, FY26 - ROIC: 3.4%, against a 12.0% cost of capital: −8.6 points Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Primo Chemicals share price today? Primo Chemicals Ltd's share price was ₹21.15 at the close on 4 November 2026. It has been moving sideways for 3 weeks. That is 10.3% 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. Since its first close in our records, on 17 April 2026, it has traded between ₹21 and ₹28, and at that close it sat 3% of the way up from that low. Over the last 6 months the share price moved −12% 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. ## What dividend does Primo Chemicals pay? 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 5 November 2026.) ## What are Primo Chemicals' latest quarterly results? 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 | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹140 crore | ₹142 crore | −1.2% | | Profit | ₹4.68 crore | ₹4.08 crore | +14.7% | | Earnings per share | ₹0.19 | ₹0.17 | +11.8% | | Operating margin | 14.8% | 14.4% | +0.5 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). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the Primo Chemicals share price history? Primo Chemicals closed at ₹21.15 on 4 November 2026. Its highest weekly close since April 2026 was ₹28.17 on 28 September 2026. ### Primo Chemicals share price: then and now | When | Close | Change to 4 Nov 2026 | | --- | --- | --- | | 1 week ago · 30 Oct 2026 | ₹22.53 | −6.1% | | 1 month ago · 1 Oct 2026 | ₹25.53 | −17.2% | | 6 months ago · 8 May 2026 | ₹24.88 | −15.0% | | Earliest weekly close in our records · 17 Apr 2026 | ₹24.15 | −12.4% | | Highest weekly close since April 2026 · 28 Sep 2026 | ₹28.17 | −24.9% | | Lowest weekly close since April 2026 · 21 Aug 2026 | ₹20.96 | +0.9% | 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. (37 weekly closes from 17 April 2026 to 4 November 2026.) ## What is the latest news on Primo Chemicals? 4 Nov 2026: Primo Chemicals closed at ₹21.15, down 6.1% on the week and down 17.2% on the month. Results for April to June 2026: Revenue down 1.2% and profit up 14.7% on a year earlier. ## Which stock lists is Primo Chemicals on? Primo Chemicals is on one of our India lists: Penny stocks. [Penny stocks Earnings growth, 12 months (%): -15.58](https://www.sectoralpha.in/penny-stocks-india) ## Is Primo Chemicals profitable? 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. 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. ## How much revenue does Primo Chemicals make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Primo Chemicals keep? 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. 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. ## Is Primo Chemicals' profit turning into cash? 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. 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. ## Where does Primo Chemicals' cash go? 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. 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. ## What is Primo Chemicals' P/E ratio, and how does it compare with its own history? Primo Chemicals Ltd's P/E is 32.9×, in the middle of its own history: higher than 44% 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. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Primo Chemicals business getting better or worse? 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. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Primo Chemicals earn on its capital? 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. 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. ## Does Primo Chemicals have too much debt? 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. ## What is the Primo Chemicals shareholding pattern? 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. 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. ## How far is Primo Chemicals from balance-sheet trouble? 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. ## How does Primo Chemicals rank in its industry? 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. ## Which companies is Primo Chemicals compared with? 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. 1. [TGV Sraac Ltd](https://www.sectoralpha.in/stocks/tgv-sraac-ltd) TGVSL · breaking out · Most evidence points up · 81% evidence 68.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.9/35 · Revenue 7.6% · Profit 16.9% · Operating margin change -1 points · 88% evidence Capital efficiency 17.4/25 · ROCE 13% · Operating margin 18% · 100% evidence Valuation 16.2/20 · P/E 8.4× · PEG 0.19 · 100% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 9.7% · 1 year -9.2% · 25% evidence · 5 of 5 weeks ahead Exact sum: 21.9 + 17.4 + 16.2 + 12.5 = 68 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Gujarat Alkalies & Chemicals Ltd](https://www.sectoralpha.in/stocks/gujarat-alkalies-chemicals-ltd) GUJALKALI · losing its lead · Evidence leans up · 81% evidence 55.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.1/35 · Revenue 7.1% · Profit 100% · Operating margin change 9 points · 65% evidence Capital efficiency 8.3/25 · ROCE 1.4% · Operating margin 18% · 100% evidence Valuation 13.5/20 · P/E 59.9× · PEG 0.15 · 65% evidence Relative strength 10.3/20 · Lead over its industry 4.1% · Lead over NIFTY 500 -4.3% · 1 year -5.4% · 100% evidence · 5 of 12 weeks ahead Exact sum: 23.1 + 8.3 + 13.5 + 10.3 = 55.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [GHCL Ltd](https://www.sectoralpha.in/stocks/ghcl-ltd) GHCL · quiet · Evidence leans down · 100% evidence 49.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.5/35 · Revenue 1.7% · Profit -4.9% · Operating margin change 1 points · 100% evidence Capital efficiency 18.6/25 · ROCE 17.6% · Operating margin 23% · 100% evidence Valuation 13.8/20 · P/E 6.9× · PEG 1.14 · 100% evidence Relative strength 2.9/20 · Lead over its industry -9.7% · Lead over NIFTY 500 -16.9% · 1 year -41.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 14.5 + 18.6 + 13.8 + 2.9 = 49.8 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 4. [Tuticorin Alkali Chemicals & Fertilizers Ltd](https://www.sectoralpha.in/stocks/tuticorin-alkali-chemicals-fertilizers-ltd) TUTIALKA · quiet · Evidence leans down · 71% evidence 47.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.0/35 · Revenue 9.3% · Profit -6.7% · Operating margin change -11.2 points · 88% evidence Capital efficiency 17.6/25 · ROCE 22.2% · Operating margin 13.3% · 100% evidence Valuation 8.8/20 · P/E 17.3× · PEG n/a · 50% evidence Relative strength 8.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -10.3% · 1 year -32.7% · 25% evidence · 0 of 5 weeks ahead Exact sum: 12 + 17.6 + 8.8 + 8.8 = 47.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Chemfab Alkalis Ltd](https://www.sectoralpha.in/stocks/chemfab-alkalis-ltd) CHEMFAB · Too little evidence to rank firmly · 56% evidence 43.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.8/43.75 · Revenue -16.2% · Profit 95.3% · Operating margin change 1.5 points · 88% evidence Capital efficiency 4.8/31.25 · ROCE 1% · Operating margin 13.8% · 100% evidence Valuation 12.5/25 · P/E n/a · PEG n/a · 0% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 25.8 + 4.8 + 12.5 = 43.1 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. Primo Chemicals Ltd this page PRIMO · quiet · Evidence leans down · 71% evidence 42.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.0/35 · Revenue -2.7% · Profit -15.5% · Operating margin change 0.5 points · 88% evidence Capital efficiency 11.2/25 · ROCE 6.4% · Operating margin 14.8% · 100% evidence Valuation 8.3/20 · P/E 35.1× · PEG n/a · 50% evidence Relative strength 11.6/20 · Lead over its industry n/a · Lead over NIFTY 500 3.7% · 1 year n/a · 25% evidence · 5 of 12 weeks ahead Exact sum: 11 + 11.2 + 8.3 + 11.6 = 42.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Tata Chemicals Ltd](https://www.sectoralpha.in/stocks/tata-chemicals-ltd) TATACHEM · basing · Most evidence points down · 76% evidence 28.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 5.9/35 · Revenue 2% · Profit -80% · Operating margin change -4 points · 88% evidence Capital efficiency 6.1/25 · ROCE 3.4% · Operating margin 13% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 6.7/20 · Lead over its industry -3.8% · Lead over NIFTY 500 -11.5% · 1 year -33.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 5.9 + 6.1 + 10 + 6.7 = 28.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 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](https://www.sectoralpha.in/sectors/chemicals-inorganic-caustic-soda-soda-ash), all 7 compared on one page. ## Which companies are close to Primo Chemicals in size? 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](https://www.sectoralpha.in/stocks/tata-chemicals-ltd) ₹15,174 crore 2. [Gujarat Alkalies & Chemicals Ltd](https://www.sectoralpha.in/stocks/gujarat-alkalies-chemicals-ltd) ₹3,975 crore 3. [GHCL Ltd](https://www.sectoralpha.in/stocks/ghcl-ltd) ₹3,475 crore 4. [TGV Sraac Ltd](https://www.sectoralpha.in/stocks/tgv-sraac-ltd) ₹1,171 crore 5. [Tuticorin Alkali Chemicals & Fertilizers Ltd](https://www.sectoralpha.in/stocks/tuticorin-alkali-chemicals-fertilizers-ltd) ₹579 crore 6. Primo Chemicals Ltd ₹548 crore 7. [Chemfab Alkalis Ltd](https://www.sectoralpha.in/stocks/chemfab-alkalis-ltd) ₹472 crore [All 7 Chemicals - Inorganic - Caustic Soda/Soda Ash companies, largest first](https://www.sectoralpha.in/sectors/chemicals-inorganic-caustic-soda-soda-ash#all-companies) ### Companies close in size in other industries 1. [Nahar Polyfilms Ltd](https://www.sectoralpha.in/stocks/nahar-polyfilms-ltd) ₹549 crore · Packaging - BOPP 2. [Fabtech Cleanrooms Ltd](https://www.sectoralpha.in/stocks/fabtech-cleanrooms-ltd) ₹548 crore · Miscellaneous 3. Primo Chemicals Ltd ₹548 crore 4. [Magna Electro Castings Ltd](https://www.sectoralpha.in/stocks/magna-electro-castings-ltd) ₹547 crore · Castings - Grey Iron 5. [Systematic Industries Ltd](https://www.sectoralpha.in/stocks/systematic-industries-ltd) ₹547 crore · Cables - Power ## What else do people ask about Primo Chemicals? ### What is Primo Chemicals's share price today? Primo Chemicals Ltd's share price is ₹21.15. The whole company is worth ₹513 Cr on the market. In the last 52 weeks it traded between ₹21 to ₹28; today it is 3% of the way up from the low, 10.3% below its 200-day average. The price has been moving sideways for 3 weeks (as of 4 November 2026). ### What were Primo Chemicals's latest quarterly results? Primo Chemicals Ltd reported revenue of ₹140 Cr and net profit of ₹4.7 Cr for the Jun 2026 quarter. Revenue fell 1.2% and profit rose 14.7% compared with a year earlier. Earnings per share were ₹0.19. The operating margin was 14.8%, 0.5 percentage points higher than a year earlier (as of 4 November 2026). ### What is Primo Chemicals's market cap? Primo Chemicals Ltd's market capitalisation is ₹513 Cr at a share price of ₹21.15. 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 Primo Chemicals performing? Primo Chemicals Ltd's share price has been moving sideways for 3 weeks. In its latest quarter, revenue fell 1.2% and profit rose 14.7% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 1 week running (as of 4 November 2026). ### Is Primo Chemicals in an uptrend? No, the price has been moving sideways for 3 weeks (stage 1 of 4), 10.3% below its 200-day average, and 3% of the way up its 52-week range. A share price tends to move through four phases: moving sideways, rising, stalling and falling (as of 4 November 2026). ### Will Primo Chemicals's share price go up? This page does not forecast Primo Chemicals Ltd's share price. What it shows instead: the share price is ₹21.15, and it has been moving sideways for 3 weeks. Its P/E of 32.9× is higher than 44% of its own last 5 years (as of 4 November 2026). ### Who owns Primo Chemicals? Promoters own 32.4% of Primo Chemicals Ltd, foreign institutions 0.3%, domestic institutions 1.9% and the public 65.4% (latest quarter). The biggest change over the last two years: Promoters raised their stake by 1.0 percentage points over 8 quarters (as of 4 November 2026). ### Where is Primo Chemicals in its business cycle? Primo Chemicals Ltd's FY26 operating margin was 12.0%, against a 6-year range of −6.0% to 27.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 14.8%. 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 Primo Chemicals story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. 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 Primo Chemicals a stock worth studying right now? What the numbers show: Primo Chemicals Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. 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). ## Lists - Penny stocks: https://www.sectoralpha.in/penny-stocks-india This is research, not advice. We’re not SEBI-registered.