Platinum Industries Limited
Incorporated in August 2016, Platinum Industries specializes in manufacturing PVC stabilizers, CPVC additives, and lubricants.
What Platinum files
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Platinum Industries' board approved Q1 results. Consolidated revenue fell to ₹108.94 Cr, profit to ₹11.13 Cr. Standalone revenue rose to ₹110.38 Cr, profit dropped to ₹9.58 Cr. Auditors qualified opinion on ₹9.82 Cr unconfirmed insurance claim post subsidiary fire. ₹45.90 Cr IPO funds remain unutilized.
Platinum Industries has commenced full commercial production at its manufacturing facility in Palghar, Maharashtra. This plant, a key IPO objective, is now fully operational, marking a significant expansion milestone expected to drive future growth.
Platinum Industries designated its MD, CFO, and CS as Key Managerial Personnel authorized to assess event materiality and handle stock exchange disclosures. This move enhances corporate governance and transparency.
Platinum Industries approved financial results for the quarter & year ended March 31, 2026. FY26 revenue: ₹450.44 Cr, profit: ₹51.23 Cr. Auditors issued a qualified opinion due to an unconfirmed ₹9.82 Cr fire insurance claim at a subsidiary. Another subsidiary plans fresh equity issuance, with Platinum maintaining >51% ownership.
Platinum Ind reports strong Q3FY26: Revenue up 30.8% YoY (standalone) to ₹102.62 Cr, PAT up 18.4% YoY to ₹12.93 Cr. Company targets >40% revenue growth in FY27, driven by new Egypt plant (₹70 Cr capex) for global market access & sustainable product focus.