BSE: 519299
PRIME INDUSTRIES LTD.
Operates in the edible oil and agricultural food products segment of India's FMCG market, with manufacturing as its core activity and a smaller investment and securities trading line. A single reported segment accounts for 100% of FY26 period segment revenue at 82.67 crore. Within the breakdown by activity, Manufacturing contributed 26.759 crore across the year, while Investment/Trading in Securities & others added a much smaller 1.452 crore and posted a marginal EBIT loss. The sharp year-on-year jump in consolidated revenue came from the first-time consolidation of subsidiary Linga Agri Trading and Machinery Private Limited, which the filings identify as the main driver of manufacturing output. Raw materials dominate the cost base at 78.4% of revenue, in line with agri-commodity processing, while employee and other operating costs together stay below 5% of revenue. Capital expenditure of 2.0% of revenue and depreciation of 0.6% suggest a relatively asset-light manufacturing setup. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Manufacturing, Investment/Trading in Securities & others, Primary reported segment (single segment, 100% of period segment revenue) (100%). Asset-light edible oil and agri-food FMCG manufacturing with a small securities trading arm
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 91 |
| EBITDA (ex other income) | 16 |
| margin % | 17.6 |
| Owners' profit | 8 |
| EPS, as reported (₹) | 7.62 |
| ROE % · ROCE % | 21.7 · 23.6 |
| Debt / equity (x) | 1.01 |
| Cash from operations | (59) |
| Capex | (2) |
Exhibit 2: Quarterly performance, last 5 quarters
| ₹ crore | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|---|
| Revenue | 37 | 26 | 28 | 9 | 25 |
| Profit before tax | 7 | 6 | 3 | 1 | 9 |
| Net profit | 6 | 6 | 3 | 1 | 7 |
| EPS (₹) | 0.30 | 3.01 | 1.44 | 0.36 | 1.70 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Manufacturing | 83 | 89.7 |
| Investment/Trading in Securities & others | 10 | 10.3 |
| Total, before eliminations | 92 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| MARICO LIMITED | 1,16,708 | 57.6 | 23.06 | 50.1 | 23.9 | 24.4 | 11.1 | 18.2 |
| PATANJALI FOODS LIMITED | 44,766 | 22.7 | 3.42 | 26.8 | 13.9 | 10.3 | — | 4.8 |
| AWL AGRI BUSINESS LIMITED | 21,625 | 18.8 | 1.98 | 9.8 | 5.4 | 6.1 | — | 2.8 |
| GOKUL AGRO RESOURCES LTD | 6,601 | 14.2 | 3.89 | 10.4 | 15.8 | 17.3 | 23.5 | 3.5 |
| CIAN Agro Ind & Infra Ltd | 3,347 | 10.4 | 1.50 | 9.5 | 10.0 | 7.7 | 53.1 | 29.4 |
| SUNDROP BRANDS LIMITED | 2,380 | 57.9 | 1.57 | 39.7 | 1.5 | 2.0 | — | 5.2 |
| Shri Venkatesh Refineries Limi | 1,637 | 33.1 | — | — | — | 22.2 | — | 5.2 |
| KN AGRI RESOURCES LIMITED | 496 | 11.0 | 1.29 | 10.3 | 8.2 | 11.4 | — | 4.1 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 22.1 | 14.9 | 19 of 30 | 38% |
| P/B | 3.4 | 1.3 | 22 of 25 | 13% |
| ROCE | 11.4 | 9.0 | 10 of 26 | 64% |
| ROE | 8.7 | 8.5 | 11 of 22 | 52% |
| Debt / Equity | 0.6 | 0.2 | 20 of 25 | 21% |
| EBITDA margin | 36.9 | 4.3 | 1 of 30 | 100% |
| Revenue growth | (31.9) | 6.4 | 22 of 27 | 19% |
| Profit growth | 4.0 | 29.2 | 17 of 25 | 33% |
| Market cap | 303 | 114 | 11 of 31 | 67% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 5 Nov 2026 · Q2 FY27 revenue rises 179% and PAT rises 520% | compliance | low | — | — |
| 5 Nov 2026 · Q2 Sep 2026 vs Sep 2025: consolidated revenue Rs249.85m vs Rs366.75m; PAT Rs35.82m vs Rs33.33m | results | high | — | — |
| 2 Nov 2026 · Board to approve September 2026 quarter and half-year results | results | low | — | — |
| 21 Oct 2026 · AGM approves accounts, board changes and preferential share issue | board shareholder meetings | low | — | — |
| 20 Oct 2026 · AGM approves MD appointment, new auditor, preferential shares and capital hike | management changes | medium | — | — |
| 20 Oct 2026 · AGM approves new auditor, MD, share issue and MOA changes | management changes | medium | — | — |
| 20 Oct 2026 · AGM outcomes: New MD, auditor, preferential share issue, business diversification | management changes | medium | — | — |
| 20 Oct 2026 · AGM approves auditor, leadership changes and share issuance | management changes | medium | — | — |
| 19 Oct 2026 · 34th AGM concluded; key approvals include preferential share issue | board shareholder meetings | low | — | — |
| 18 Oct 2026 · Subsidiary Linga Agri raises funds at 330 crore pre-money valuation | compliance | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
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Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.