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Primo Chemicals Limited (PRIMO) Fair Value & Analysis

Basic Materials · IN · Market cap ₹5.9B

PC Primo Chemicals Limited PRIMO · NSE
Price₹24.45
Fair Value₹10.78
Upside-55.9%
Quality57/100
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Evidence: High Range ₹8.09 – ₹13.48

Fair value as of: Jul 3, 2026

From 23 valuation models · updated today

Share price +10.5% over the past month.

Price vs Fair Value (12 months)

₹30.44 ₹16.85 Fair Value ₹10.78 Jul 2025 Jul 2026

12‑month range ₹16.85 – ₹30.44 · fair‑value band ₹8.09 – ₹13.48 · the ₹24.45 price screens above the ₹10.78 fair value. As of Jul 3, 2026.

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Analysis

Primo Chemicals Limited (PRIMO) currently trades at ₹24.45, while our model-based Fair Value estimate is ₹10.78 — implying the stock looks roughly 55.9% overvalued today. We read business quality at 57/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Primo Chemicals Limited generated revenue of ₹5.6B at a net margin of 2.7%. Revenue declined 6.8% year over year. It earns a return on equity of 3.9%. Net debt stands at ₹1.3B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹5.6B
Revenue growth (YoY) -6.8%
Net margin 2.7%
Return on equity 3.9%
Free cash flow ₹327M FY2026
P/E ratio 38.8
More key figures
Operating margin 8.1%
EPS (TTM) ₹0.6300
EPS growth (YoY) -55.6%
Net debt ₹1.3B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Primo Chemicals Limited engages in the manufacture and sale of chemicals in India. The company offers caustic soda lye and flakes; hydrochloric acid; liquid chlorine; aluminium chloride; sodium hypochlorite; hydrogen gas; and stable bleaching powder. It serves paper and paper pulp, soap and detergents, textile, dye stuff and aluminium industry, fertilisers, refineries, viscose, rayon, water demineralization, power, fertiliser plants, metal pickling, preparation of various metal chloride, water treatment plants, stable bleaching powder, chloromethanes, chlororganic chemicals, textile bleaching, laundry trade, dis-infection of drinking water, hydrogenation of vegetable oils, unsaturated fats, optical fiber units, coolant, fuel, oxidising agent, disinfecting agent, textile industry, aquaculture, cleaning, separation of slurry, sizing in paper industry, decolourisation, decontamination of dyes in textile, sewage water treatment, agro-chemical, and pharmaceutical industries and …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Primo Chemicals Limited reported revenue of ₹5.6B in FY2026 versus ₹4.5B in FY2022, a compound +5.5%/yr. Reported net income was ₹154M in FY2026, compounding −28.6%/yr from FY2022.

Revenue +5.5%/yr
FY22 ₹4.5B
FY23 ₹7.1B
FY24 ₹4.0B
FY25 ₹5.6B
FY26 ₹5.6B
Net income −28.6%/yr
FY22 ₹592M
FY23 ₹1.4B
FY24 −₹253M
FY25 ₹35.6M
FY26 ₹154M

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Frequently asked questions

Is Primo Chemicals Limited (PRIMO) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹10.78 versus a price of ₹24.45 — about −56% (overvalued). Model-based estimate, not financial advice.
What is the fair value of PRIMO?
Our model-based fair value for Primo Chemicals Limited is ₹10.78 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹24.45.
What is the quality score of PRIMO?
Primo Chemicals Limited has a Quality Score of 57/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Primo Chemicals Limited (PRIMO)?
Primo Chemicals Limited reported trailing-twelve-month revenue of about ₹5.6B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of PRIMO?
The net profit margin of Primo Chemicals Limited is about 2.7%, meaning it keeps roughly 2.7% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.