by Platinum Industries Share Price 2024 to 2030 : Platinum Industries Ltd. of India specializes in producing superior-grade specialty chemicals and industrial solutions, producing products used across multiple industries such as paints, plastics, adhesives and textiles. As the innovator and sustainability champion that they are, Platinum Industries have made themselves well known by creating eco-friendly chemical solutions which deliver results. Their Share Price on NSE as of 4 December 2024 was 451.50 INR; here’s more info regarding Share Price Target 2024-2030 for this company.
Platinum Industries Ltd: Market Overview
Previous Close Price was Rs437.30 on 1175583 units traded and Volume: 1,1755583; Value (Lacs) was Rs5,305.99 with VWAP at Rs451.06, 52-Week High: Rs484.80 and 52Week Low at 16675 (42:42:1) whilst Mkt Cap was 2.48KCr at 1021K Cr (Rs10 1 Cr).
Platinum Industries Share Price 2024 to 2030
| Platinum Industries Share Price Target Years | Share Price Target |
| 2024 | ₹485 |
| 2025 | ₹730 |
| 2026 | ₹950 |
| 2027 | ₹1175 |
| 2028 | ₹1387 |
| 2029 | ₹1592 |
| 2030 | ₹1840 |
Platinum Industries shares are expected to experience steady and sustained price appreciation over time, starting with Rs485 as their target in 2024, rising gradually each year after. By 2026, their expected share price target should hit Rs750 before increasing again to reach Rs950 by 2026 and Rs1,175 by 2027; by 2028 the target should hit Rs1,387; reaching up towards a target of Rs1,592 by 2029 before reaching an eventual total target price of Rs1,840 in 2030. Platinum Industries Share Price 2024 to 2030
| Year | Share Price Target (₹) |
|---|---|
| 2024 | 485 |
| 2025 | 730 |
| 2026 | 950 |
| 2027 | 1175 |
| 2028 | 1387 |
| 2029 | 1592 |
| 2030 | 1840 |
See More : Bharat Global Developers share price 2024 to 2030
Platinum Industries Share 2024 Price Target
Platinum Industries Ltd’s share price target could reach Rs485, according to experts’ predictions in 2024. Here are four factors which might have an influence on its development: Platinum Industries Share Price 2024 to 2030
Rising Demand for Specialty Chemicals: Platinum Industries can benefit from increased demand from industries like paints, plastics and adhesives that drive growth in revenues and profits for them. These industries represent revenue opportunities.
Focus on Sustainability: Strengthening its portfolio with eco-friendly chemical solutions could draw in environmentally conscious customers while opening new market opportunities. Platinum Industries Share Price 2024 to 2030
Capacity Expansion: Investments in expanding production capacity and modernizing facilities can help companies meet growing customer demands while improving operational efficiencies. Platinum Industries Share Price 2024 to 2030
Government Initiatives and Policies: Supportive government policies fostering manufacturing and export of specialty chemicals could create an ideal setting for growth and market expansion. Platinum Industries Share Price 2024 to 2030
Platinum Industries Share Price Target 2025
In 2025, platinum industries is estimated to reach its share price target of Rs730 if four key factors influence growth: Platinum Industries Share Price 2024 to 2030
Global Market Expansion: Expanding exports and entering new international markets can enable Platinum Industries to access a wider customer base and drive revenue growth.
R&D and Product Innovation: Making investments in research and development to introduce advanced specialty chemicals with specific uses can strengthen a company’s competitive position and attract high-value clients.
Adopting Advanced Manufacturing Technologies: Leveraging automation and cutting-edge manufacturing technologies can increase production efficiency, decrease costs and boost profitability. Platinum Industries Share Price 2024 to 2030
Strategic Partnerships and Collaborations: Partnering with top companies from industries like paints, textiles and plastics can increase sales while simultaneously improving market penetration and driving long-term growth. Platinum Industries Share Price 2024 to 2030
Platinum Industries Share Price Target 2025
In 2025, platinum industries is projected to achieve their share price target of Rs730 provided four factors contribute positively. Platinum Industries Share Price 2024 to 2030
Platinum Industries should explore expanding exports and entering new international markets to reach more customers and drive revenue growth. Doing this can open the doors for expansion of customer bases as well as revenue expansion.
R&D and Product Innovation: Making investments in research and development to introduce specialty chemicals with specific uses can strengthen a company’s competitive position and attract high-value clients.
Adopting Advanced Manufacturing Technologies: Adopting automation and state-of-the-art manufacturing technologies can improve production efficiency, lower costs and increase profitability.
Strategic Partnerships and Collaborations: Joint ventures between top companies from industries like paints, textiles, and plastics can increase sales while simultaneously expanding market penetration and driving long-term growth.
Environmental Regulations: Stricter environmental laws and compliance requirements could lead to higher operational costs or restrictions on certain chemical products that could hamper growth.
Competition from Global Players: Platinum Industries may face pressure from international competitors offering innovative or cost-cutting alternatives that threaten its market share and profitability.
Economic Slowdowns: Industries such as paints, plastics and textiles could experience revenue losses due to economic instabilities or reduced consumer spending – this could cause their business’s revenue stream to significantly decline.
Shareholding Pattern For Platinum Industries Ltd
Platinum Industries Limited’s shareholding pattern can be summarized as follows: Promoters own an overwhelming majority stake of 71% while Foreign Institutional Investors (FIIs) possessing only 0.72%; domestic Institutional Investors (DIIs) hold 3.04% with the remaining 25.25% being owned by members of the public.
| Shareholder Type | Percentage (%) |
|---|---|
| Promoters | 71% |
| FII | 0.72% |
| DII | 3.04% |
| Public | 25.25% |
Platinum Industries Ltd Financials
Platinum Industries Ltd reported a 2024 revenue of Rs2.64 billion, reflecting an increase of 14.22% year-on-year (Y/Y). Operating expenses totalled Rs435.49 million with 9.63% year-over-year growth; operating expenses rose 9.63% while net income reached Rs437.29 million with 16.54% margin improvement (improved 1.04% year over year), EBITDA reaching Rs594.06 million representing 12.71% growth while effective tax rate for the period was 25.52% with no significant change reported in any significant way; effective tax rate for 2024 was 25.52% with no significant change recorded during this time frame;
| Metric | Value (INR) | Y/Y Change |
|---|---|---|
| Revenue | 2.64B | 14.22% |
| Operating Expense | 435.49M | 9.63% |
| Net Income | 437.29M | 15.36% |
| Net Profit Margin | 16.54 | 1.04% |
| Earnings Per Share | — | — |
| EBITDA | 594.06M | 12.71% |
| Effective Tax Rate | 25.52% | — |
