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Prima Plastics Ltd (530589)

📊 BSE: 530589 🏢 Plastic Products - Consumer 📢 Latest filing: 13 Oct 2026 📝 Analysis written: 13 Nov 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Prima Plastics' revenue was ₹40.1 Cr (-14.9% year on year, -14.1% on the previous quarter), and net profit ₹3.4 Cr (-0.9% year on year); the operating margin was 20.7%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹40.1	-14.9%	-14.1%
Operating profit	₹8.3	+59.3%	-15.2%
Net profit	₹3.4	-0.9%	-62.6%
EPS (₹)	2.65	-8.3%	-66.5%
Operating margin	20.7%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Prima Plastics: Special Window for Physical Share Transfer Re-Lodgement Open till Feb 4, 2027

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 13 Oct 2026, 09:38 AM

Prima Plastics Ltd has published newspaper notices regarding the re-opening of a special window for re-lodging physical share transfer requests, pursuant to SEBI circular HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026. The special window operates for one year from February 05, 2026, to February 04, 2027, covering transfers lodged prior to April 01, 2019, that were previously rejected or unaddressed due to deficiencies. Transferred shares will be issued strictly in dematerialized form via Registrar Bigshare Services Private Limited. This administrative announcement has no impact on company operations or revenue (TTM revenue of Rs 189 Cr).

Special window opened for 1 year from February 05, 2026, to February 04, 2027
Applies to transfer deeds lodged prior to April 01, 2019, that were rejected or returned
Re-lodged shares will be issued exclusively in dematerialized mode
Submissions processed via Registrar Bigshare Services Private Limited
Published in Financial Express and Vartman Pravah on October 13, 2026

💡 Holders of rejected physical share transfer deeds submitted before April 01, 2019, should rectify deficiencies and submit them to Bigshare Services before February 04, 2027. Regular equity investors can track upcoming Q2 FY27 earnings.

Promoter Dilip Parekh acquires 26.38% stake via gift in inter-se promoter transfer

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 07 Oct 2026, 04:30 PM

Promoter Dilip Manharlal Parekh has acquired 29,01,921 equity shares (26.38% of total share capital) of Prima Plastics Limited via gift from promoter group members Bhaskar Manharlal Parekh and Chhaya Bhaskar Parekh. Following this inter-se transfer on October 6, 2026, Dilip Parekh's individual holding increased from 28.03% to 54.41%. The transaction involves zero cash consideration, and aggregate promoter group holding remains entirely unchanged at 58.27% (64,09,955 shares).

29,01,921 equity shares (26.38% stake) acquired by Dilip Parekh as a gift
Dilip Parekh's individual stake increases from 28.03% to 54.41%
Bhaskar Parekh transferred 26,85,210 shares (24.41%) and Chhaya Parekh transferred 2,16,711 shares (1.97%)
Overall promoter group shareholding remains unchanged at 58.27%
Acquisition carried out with nil consideration under SEBI SAST Regulation 10 exemption

💡 Track subsequent quarterly shareholding patterns to confirm updated promoter classifications and upcoming operational updates regarding the demerger of the Roto business.

Promoter Dilip Parekh acquires 26.38% stake via gift in inter-se promoter transfer

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 07 Oct 2026, 04:27 PM

29,01,921 equity shares (26.38% stake) acquired by Dilip Parekh as a gift
Dilip Parekh's individual stake increases from 28.03% to 54.41%
Bhaskar Parekh transferred 26,85,210 shares (24.41%) and Chhaya Parekh transferred 2,16,711 shares (1.97%)
Overall promoter group shareholding remains unchanged at 58.27%
Acquisition carried out with nil consideration under SEBI SAST Regulation 10 exemption

💡 Track subsequent quarterly shareholding patterns to confirm updated promoter classifications and upcoming operational updates regarding the demerger of the Roto business.

Promoter Dilip Parekh acquires 26.38% stake via gift in inter-se promoter transfer

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 07 Oct 2026, 04:24 PM

29,01,921 equity shares (26.38% stake) acquired by Dilip Parekh as a gift
Dilip Parekh's individual stake increases from 28.03% to 54.41%
Bhaskar Parekh transferred 26,85,210 shares (24.41%) and Chhaya Parekh transferred 2,16,711 shares (1.97%)
Overall promoter group shareholding remains unchanged at 58.27%
Acquisition carried out with nil consideration under SEBI SAST Regulation 10 exemption

💡 Track subsequent quarterly shareholding patterns to confirm updated promoter classifications and upcoming operational updates regarding the demerger of the Roto business.

Promoter Dilip Parekh acquires 26.38% stake via gift in inter-se promoter transfer

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 07 Oct 2026, 04:01 PM

29,01,921 equity shares (26.38% stake) acquired by Dilip Parekh as a gift
Dilip Parekh's individual stake increases from 28.03% to 54.41%
Bhaskar Parekh transferred 26,85,210 shares (24.41%) and Chhaya Parekh transferred 2,16,711 shares (1.97%)
Overall promoter group shareholding remains unchanged at 58.27%
Acquisition carried out with nil consideration under SEBI SAST Regulation 10 exemption

💡 Track subsequent quarterly shareholding patterns to confirm updated promoter classifications and upcoming operational updates regarding the demerger of the Roto business.

Dilip Parekh Acquires 26.38% Stake via Inter-Se Promoter Gift in Prima Plastics

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 07 Oct 2026, 03:59 PM

Prima Plastics reported an inter-se transfer within its promoter group under SEBI SAST Regulations. On October 06, 2026, transferee Mr. Dilip Manharlal Parekh acquired 29,01,921 equity shares, representing 26.38% of total share capital, by way of gift. The shares were transferred from Mr. Bhaskar Manharlal Parekh (24.41%) and Mrs. Chhaya Bhaskar Parekh (1.97%). Because this is an internal promoter restructuring via gift, overall promoter group holding (previously 58.27%) remains unchanged.

29,01,921 equity shares (26.38% of total share capital) transferred via gift on October 06, 2026
Mr. Bhaskar Manharlal Parekh gifted 26,85,210 shares (24.41% stake) to Mr. Dilip Manharlal Parekh
Mrs. Chhaya Bhaskar Parekh gifted 2,16,711 shares (1.97% stake) to Mr. Dilip Manharlal Parekh
Transaction is an off-market inter-se transfer between promoter group members with no change in aggregate promoter shareholding

💡 Monitor upcoming quarterly shareholding patterns to confirm updated individual promoter allocations and any subsequent management or operational realignment.

Prima Plastics Receives €436,701 Dividend from Cameroon JV

🟢 POSITIVE ⭐ 6/10

DIVIDEND 📅 28 Sep 2026, 07:26 PM

Prima Plastics announced that its 50% joint venture, Prima Dee-Lite Plastics SARL in Cameroon, West Africa, has declared a dividend. Prima Plastics is set to receive a gross dividend amount of €436,701 (approximately ₹3.9-4.0 crore). This represents about 18-19% of the company's TTM net profit of ₹21 crore, providing a healthy cash inflow. The dividend reflects continued operational returns from the company's international manufacturing footprint.

Cameroon JV Prima Dee-Lite Plastics SARL declared dividend
Prima Plastics owns a 50 percent share in the joint venture
Gross dividend receivable by Prima Plastics is Euro 436,701

💡 Monitor upcoming quarterly results for receipt and accounting treatment of other income/cash flows from the Cameroon JV.

Promoter Dilip Parekh to Acquire 26.38% Stake via Inter-Se Gift Transfer

🟡 NEUTRAL ⭐ 3/10

OTHER 📅 25 Sep 2026, 04:35 PM

Promoter Mr. Dilip Manharlal Parekh intends to acquire 29,01,921 equity shares (26.38% of total equity) in Prima Plastics Limited via an inter-se transfer by way of gift. The shares are being transferred from fellow promoter group members Mr. Bhaskar Manharlal Parekh (24.41%) and Mrs. Chhaya Bhaskar Parekh (1.97%). The transaction is scheduled between September 28, 2026, and October 07, 2026, with zero financial consideration involved. Aggregate promoter group shareholding will remain unchanged at 58.27%.

Proposed inter-se transfer of 29,01,921 equity shares (26.38% stake) by way of gift
Acquisition window planned from September 28, 2026 to October 07, 2026
24.41% transferred by Mr. Bhaskar Parekh and 1.97% by Mrs. Chhaya Parekh to Mr. Dilip Parekh
Overall promoter group holding remains constant at 58.27% with zero monetary consideration

💡 Track subsequent SEBI (SAST) Regulation 10(6) post-acquisition filings to confirm completion of the transfer within the scheduled timeline.

Prima Plastics Opens Special Window for Physical Share Transfer Re-lodgement until Feb 2027

🟡 NEUTRAL ⭐ 2/10

REGULATORY 📅 14 Aug 2026, 10:56 AM

Prima Plastics has announced a special one-year window for shareholders to re-lodge physical share transfer requests that were rejected or returned before April 1, 2019. This window is open from February 5, 2026, to February 4, 2027, in compliance with a SEBI circular dated January 30, 2026. Any shares processed through this window will be issued strictly in dematerialized (demat) form. This is a procedural regulatory requirement and has no impact on the company's financial performance or business operations.

Special window for re-lodgement is open for exactly 1 year from February 5, 2026, to February 4, 2027
Applies to transfer requests originally submitted and rejected/returned before the April 1, 2019 deadline
Processed securities will be issued only in dematerialized mode as per SEBI mandates
Bigshare Services Private Limited is the designated Registrar and Share Transfer Agent (RTA) for these requests

💡 Educational: Shareholders holding physical certificates with historical transfer issues should contact the RTA before February 2027. No action is required for the majority of retail investors holding shares in demat form.

Rs 40.1 Cr Q1 Revenue: Prima Plastics Reports 15% YoY Growth, PAT Attributable at Rs 2.92 Cr

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 10 Aug 2026, 07:19 PM

Prima Plastics reported a 15.3% YoY increase in consolidated revenue to Rs 40.11 Cr for Q1 FY27. However, consolidated net profit attributable to owners saw a slight decline of 8.2% to Rs 2.92 Cr compared to Rs 3.18 Cr in the year-ago quarter. Standalone results were significantly boosted by a high 'Other Income' of Rs 17.42 Cr (likely inter-company dividends), which is eliminated at the consolidated level. The company's material costs remained high at 49.1% of consolidated revenue, reflecting ongoing pressure from raw material prices.

Consolidated Revenue from Operations grew 15.3% YoY to Rs 40.11 Cr from Rs 34.79 Cr.
Consolidated Net Profit attributable to owners stood at Rs 2.92 Cr, down from Rs 3.18 Cr in Q1 FY26.
Standalone Other Income surged to Rs 17.42 Cr, significantly higher than the Rs 8.33 Cr reported in the same quarter last year.
Cost of Materials Consumed (Consolidated) increased to Rs 19.69 Cr from Rs 18.23 Cr YoY.
Consolidated EPS for the quarter stood at Rs 2.65 compared to Rs 2.89 in the previous year's corresponding quarter.

💡 Investors should monitor the impact of crude oil price volatility on raw material costs, which account for nearly half of revenue. The progress of the Roto business demerger into Prima Innovation Limited remains a key structural event to watch for value unlocking.

₹40.11 Cr Q1 Revenue: Prima Plastics Reports 15% YoY Revenue Growth, Flat Consolidated PAT

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 10 Aug 2026, 07:12 PM

Prima Plastics reported a 15.3% YoY increase in consolidated revenue to ₹40.11 Cr for the quarter ended June 30, 2026. Despite the top-line growth, consolidated net profit remained stagnant at ₹3.45 Cr compared to ₹3.47 Cr in the year-ago period. A significant non-operational spike was seen in standalone 'Other Income' at ₹17.42 Cr, which inflated standalone PAT to ₹13.09 Cr. The company's joint venture contribution to profit also saw a slight decline to ₹2.23 Cr from ₹2.52 Cr YoY.

Consolidated Revenue from Operations grew 15.3% YoY to ₹40.11 Cr from ₹34.79 Cr.
Consolidated Net Profit for the quarter stood at ₹3.45 Cr, nearly flat compared to ₹3.47 Cr in Q1 FY26.
Standalone Other Income surged to ₹17.42 Cr, significantly higher than the ₹8.33 Cr reported in the same quarter last year.
Share of profit from Joint Ventures decreased to ₹2.23 Cr from ₹2.52 Cr in the previous year's quarter.
Total Consolidated Expenses rose to ₹33.61 Cr, up from ₹31.67 Cr YoY, primarily driven by material costs.

💡 Investors should monitor the operating margins in the coming quarters to see if the company can pass on raw material costs, and track the progress of the demerger of the Roto business into Prima Innovation Limited.

Aug 10 Board Meeting to approve Q1 FY27 results for Prima Plastics Ltd

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 03 Aug 2026, 06:29 PM

Prima Plastics has scheduled a board meeting for August 10, 2026, to approve its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company enters this quarter following a FY26 performance that delivered Rs 196 Cr in revenue and Rs 21 Cr in PAT. Investors will be comparing these results against the June 2025 quarter, which recorded a revenue of Rs 47.14 Cr and an EPS of Rs 2.89. The trading window remains closed for designated persons until 48 hours after the results are declared.

Board meeting scheduled for August 10, 2026, to approve Q1 FY27 results
Results cover the three-month period ended June 30, 2026
Trading window for designated persons closed until 48 hours post-announcement
Company reported a TTM PAT of Rs 21 Cr on a revenue of Rs 196 Cr
Previous year's corresponding quarter (June 2025) revenue stood at Rs 47.14 Cr

💡 Monitor the results on August 10 to assess operating margins (TTM 13.6%) and the impact of raw material price volatility on the furniture and material handling segments.

CRISIL reaffirms BBB+/Stable rating for Rs 60 Cr facilities, removes 'Rating Watch'

🟢 POSITIVE ⭐ 6/10

REGULATORY 📅 29 Jul 2026, 02:49 PM

CRISIL Ratings has reaffirmed Prima Plastics' long-term credit rating at 'CRISIL BBB+/Stable' and its short-term rating at 'CRISIL A2'. Importantly, the ratings have been removed from 'Rating Watch with Developing Implications', a status likely triggered by the previously announced demerger of the Roto business. The total rated bank facilities of Rs 60 crore represent approximately 31% of the company's TTM revenue of Rs 196 crore, indicating a stable credit profile relative to its scale.

Total bank loan facilities reviewed by CRISIL amount to Rs 60 crore
Long-term rating reaffirmed at CRISIL BBB+/Stable and removed from 'Rating Watch'
Short-term rating reaffirmed at CRISIL A2 and removed from 'Rating Watch'
Rated facilities include a Rs 18.5 crore Cash Credit and Rs 18 crore Term Loan from Kotak Mahindra Bank
Rated debt represents ~32% of the company's Net Worth of Rs 187 crore

💡 Investors should monitor the execution of the demerger of the Roto business into Prima Innovation Limited, as the removal of the 'Rating Watch' suggests the credit agency has gained clarity on the financial implications of this restructuring.

₹28.86 Cr Corporate Guarantee for Group Expansion; Prima Plastics AGM on Aug 10

🟡 NEUTRAL ⭐ 5/10

BOARD_MEETING 📅 18 Jul 2026, 10:28 AM

Prima Plastics has issued its 32nd AGM notice for August 10, 2026, to approve FY26 financial results and a final dividend. A key special resolution involves providing a corporate guarantee of ₹28.86 Crores to Kotak Mahindra Bank for group company Prima Innovation Limited's capacity expansion. This guarantee represents approximately 13.7% of the company's FY26 total equity of ₹210.78 Crores. Additionally, the company is seeking approval for a remuneration hike for a related party, Mrs. Shriya V. Chaudhary, to ₹39 Lakhs per annum.

Proposed corporate guarantee of ₹28.86 Crores for group company Prima Innovation Limited's capacity expansion
Consolidated profit for FY26 increased to ₹23.29 Crores from ₹18.27 Crores in the previous year
Total Equity as of March 31, 2026, stood at ₹210.78 Crores
Proposed remuneration for Mrs. Shriya V. Chaudhary (Related Party) set at ₹39 Lakhs per annum
AGM scheduled for August 10, 2026, with remote e-voting from August 7 to August 9

💡 Investors should monitor the approval of the corporate guarantee and the subsequent execution of the capacity expansion at the group company level, as it impacts consolidated growth and contingent liabilities.

Prima Plastics FY26 Profit at ₹23.3 Cr; Proposes ₹28.86 Cr Corporate Guarantee

🟡 NEUTRAL ⭐ 5/10

ROUTINE 📅 18 Jul 2026, 10:17 AM

Prima Plastics has released its FY2025-26 Annual Report, reporting a consolidated profit of ₹23.29 crore, a 27% increase from ₹18.27 crore in the previous year. The company is seeking shareholder approval for a corporate guarantee of ₹28.86 crore to support the capacity expansion of its group company, Prima Innovation Limited. Additionally, a related-party remuneration hike to ₹39 lakhs per annum for the Business Development Manager (daughter of the MD) is proposed. The 32nd AGM is scheduled for August 10, 2026.

Consolidated profit for FY26 increased to ₹23.29 crore from ₹18.27 crore in FY25
Proposed corporate guarantee of ₹28.86 crore for group company Prima Innovation Limited
Proposed remuneration of ₹39 lakhs per annum for Mrs. Shriya V. Chaudhary, a related party
Total Consolidated Equity (Net Worth) stood at ₹210.78 crore as of March 31, 2026
Net cash inflow from operating activities reported at ₹34.91 crore for FY26

💡 Investors should monitor the AGM voting results on August 10, 2026, specifically regarding the corporate guarantee and related-party remuneration. The progress of the group company's capacity expansion will be key to understanding future consolidated growth.

View All 530589 Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

The company achieved sales of INR 96.59 Cr during H1FY26. In FY25, the Net Profit Margin was 9.42%, representing a 25.75% decrease from 12.68% in FY24, primarily due to higher raw material prices.

Geographic Revenue Split

The company operates 5 manufacturing facilities in India across 3 states and 1 union territory, alongside 3 international units in Guatemala and Cameroon. Specific percentage splits by region are not disclosed.

Profitability Margins

Operating Profit Margin was 26.87% in FY25, down 5.48% from 28.43% in FY24. Net Profit Margin was 9.42% in FY25, down 25.75% from 12.68% in FY24.

EBITDA Margin

Operating Profit Margin stood at 26.87% for FY25, a decrease of 5.48% YoY. Core profitability was impacted by higher raw material costs, leading to a 33.55% decrease in Return on Net Worth.

Capital Expenditure

The company undertook capacity expansions including a 7.5% increase at the Daman plant, a 25% increase at the Cameroon JV, and a 20% increase at the Guatemala WOS. Specific INR values for capex are not disclosed.

Credit Rating & Borrowing

Crisil Ratings assigned a long-term rating of 'Crisil BBB+/Watch Developing' and a short-term rating of 'Crisil A2/Watch Developing' for INR 60 Cr in bank loan facilities. Bank limit utilization averaged 71% through September 2025.

⚙️ Operational Drivers

Raw Materials

Key raw materials include Polyvinyl Chloride (PVC), High-Density Polyethylene (HDPE), and Polypropylene (PP), which collectively account for approximately 70% of total revenues.

Capacity Expansion

Current capacity was expanded in FY25: Daman plant increased by 7.5%, Cameroon JV (SARL) by 25%, and Guatemala WOS (S.A.) by 20%.

Raw Material Costs

Raw material costs represent approximately 70% of revenue. These costs increased in FY25, leading to a 25.75% decline in net profit margins.

Manufacturing Efficiency

Manufacturing efficiency is supported by 5 domestic and 3 international units. Specific capacity utilization percentages are not disclosed.

Logistics & Distribution

High transportation costs are cited as a factor making geographic expansion difficult. Distribution is managed through a Pan-India distributor network and 10 warehouses.

📈 Strategic Growth

Growth Strategy

Growth is targeted through capacity expansion (7.5% to 25% across units), the launch of new products like water storage tanks and 9 new furniture SKUs, and the demerger of the Roto business into Prima Innovation Limited to streamline operations.

Products & Services

Products include plastic moulded furniture, material handling products (insulated boxes, shippers), road safety products (Bull-Nose Barriers, Anti-Glare Screens), and water storage tanks.

Brand Portfolio

PRIMA

New Products/Services

Launched new Water Storage Tanks in the Rotational Moulding Division and 9 new SKUs in the Furniture Division catering to lifestyle segments.

Market Expansion

Expanding Pan-India distributor network and warehousing capacity to serve new markets; participating in national and international trade exhibitions.

Market Share & Ranking

The company is described as one of India's leading manufacturers of plastic furniture and material handling products.

Strategic Alliances

Equal JV 'Prima Dee-Lite SARL' in Cameroon (Central Africa) and a 90% subsidiary 'Prima Union Plasticos, S.A.' in Guatemala (Central America).

🌍 External Factors

Industry Trends

The Indian plastics industry is shifting toward innovation and sustainability. PLEXCONCIL aims to boost exports to US$25 billion by 2027, supported by 'Make in India' and 'Digital India' initiatives.

Competitive Landscape

The plastic-molded furniture industry is largely unorganized and intensely competitive, with high transportation costs acting as a barrier to entry for new geographic markets.

Competitive Moat

Moat is built on 30+ years of promoter experience, a strong market position in the plastic-molded industry, and established relationships with a diversified supplier and client base.

Macro Economic Sensitivity

Highly sensitive to crude oil prices and foreign exchange rates due to the 70% raw material component in revenue.

Consumer Behavior

Increasing demand for lifestyle-oriented furniture segments and infrastructure-related road safety products.

Geopolitical Risks

International expansion in Central America and Central Africa subjects the company to inherent global business risks.

⚖️ Regulatory & Governance

Industry Regulations

Compliant with Plastic Waste Management Rules; the company does not manufacture banned single-use plastics.

Environmental Compliance

Registered as a Brand Owner with the Central Pollution Control Board (CPCB) and committed to Extended Producer Responsibility (EPR) for plastic waste collection.

Legal Contingencies

The demerger of the Roto business into Prima Innovation Limited is currently pending statutory and regulatory approvals from the National Company Law Tribunal (NCLT).

⚠️ Risk Analysis

Key Uncertainties

Volatility in crude oil prices (impacting 70% of costs), intense competition from the unorganized sector, and potential delays in the demerger process.