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Platinum Industries Limited (IN:PLATIND)
:PLATIND
India Market
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Platinum Industries Limited (PLATIND) AI Stock Analysis

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IN:PLATIND

Platinum Industries Limited

(PLATIND)

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Neutral 66 (OpenAI - Gpt-5.6Sol)
Rating:66Neutral
Price Target:
₹227.00
▲(0.02% Upside)
Action:Reiterated
Date:07/07/26
The score is primarily driven by mixed financial performance: strong growth and a very conservative balance sheet are outweighed by persistently negative free cash flow and weakened cash conversion, plus margin compression. Technically, the stock shows a supportive uptrend with moderately bullish momentum, while valuation is a headwind given the relatively high P/E and no dividend yield data.
Positive Factors
Revenue and Profitability
Sustained top-line expansion alongside positive net margins indicates the business is gaining scale while remaining profitable, supporting continued investment and resilience over the next several quarters.
Negative Factors
Negative Free Cash Flow
Repeatedly negative free cash flow indicates that reinvestment or working-capital needs are exceeding internally generated cash, which could constrain flexibility or require outside funding if sustained.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and Profitability
Sustained top-line expansion alongside positive net margins indicates the business is gaining scale while remaining profitable, supporting continued investment and resilience over the next several quarters.
Read all positive factors

Platinum Industries Limited (PLATIND) vs. iShares MSCI India ETF (INDA)

Platinum Industries Limited Business Overview & Revenue Model

Company Description
Platinum Industries Limited, established in 2016 and headquartered in Mumbai, India, specializes in the production and distribution of vital chemical components. The company supplies polyvinyl chloride (PVC) stabilizers, chlorinated polyvinyl chlo...

Platinum Industries Limited Financial Statement Overview

Summary
Strong revenue growth and solid profitability (2026 net margin ~11.5%) are supported by a very low-leverage balance sheet (debt-to-equity ~0.02). Offsetting this, cash generation is a major weakness with negative free cash flow in both 2026 (-319.7M) and 2025 (-641.4M) and weak cash conversion, alongside meaningful margin compression (gross margin down to ~23.2% in 2026 from ~30.0% in 2025).
Income Statement
74
Positive
Balance Sheet
86
Very Positive
Cash Flow
34
Negative
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue4.44B4.50B3.92B2.64B2.31B1.88B
Gross Profit1.01B1.05B1.18B1.02B801.38M436.59M
EBITDA617.78M598.47M577.56M594.06M547.48M260.88M
Net Income503.76M519.59M498.00M437.29M379.05M177.47M
Balance Sheet
Total Assets0.005.49B4.68B3.96B1.22B847.00M
Cash, Cash Equivalents and Short-Term Investments1.43B1.43B1.72B2.52B154.85M42.12M
Total Debt0.00104.34M181.62M113.23M218.46M263.11M
Total Liabilities-4.55B940.21M716.70M551.22M500.68M623.62M
Stockholders Equity4.55B4.43B3.84B3.31B618.79M223.37M
Cash Flow
Free Cash Flow-272.94M-319.72M-641.36M166.49M89.40M-174.39M
Operating Cash Flow-75.94M56.50M-79.64M327.36M369.35M-162.13M
Investing Cash Flow111.24M476.98M-1.59B-808.36M-271.70M-50.76M
Financing Cash Flow86.32M-74.43M7.20M2.20B-76.67M204.43M

Platinum Industries Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
₹12.76B25.349.63%11.94%
61
Neutral
₹13.85B16.640.88%40.77%54.07%
57
Neutral
₹25.53B16.940.11%19.47%11.49%
56
Neutral
₹17.41B21.440.88%-0.88%34.57%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
48
Neutral
₹17.50B326.900.10%13.55%-77.69%
46
Neutral
₹9.78B-391.040.64%10.11%-109.80%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:PLATIND
Platinum Industries Limited
232.40
-54.95
-19.12%
IN:AVTNPL
AVT Natural Products Limited
90.95
15.10
19.91%
IN:ESTER
Ester Industries Limited
93.77
-21.23
-18.46%
IN:IGPL
IG Petrochemicals Ltd.
565.30
129.07
29.59%
IN:OAL
Oriental Aromatics Ltd.
520.10
187.99
56.60%
IN:ROSSARI
Rossari Biotech Ltd
460.90
-154.36
-25.09%

Platinum Industries Limited Corporate Events

Platinum Industries Files SEBI Regulation 74(5) Compliance Certificate for June Quarter
Jul 13, 2026
Platinum Industries Limited has notified the stock exchanges that it has received a compliance certificate from its registrar and share transfer agent, Bigshare Services Pvt. Ltd., under Regulation 74(5) of the SEBI (Depositories and Participants)...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 07, 2026