Platinum Industries (NSE:PLATIND) Debt-to-Equity: 0.02 (As of Mar. 2026) — 90% Below Median

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NSE:PLATIND Platinum Industries Ltd NSE:PLATIND
47 GF Score
Price ₹224.75
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What is Platinum Industries Debt-to-Equity?

Platinum Industries NSE:PLATIND -0.61% 47 Debt-to-Equity is 0.02 as of Mar. 2026, which is 90% below its 10-year median of 0.20. GuruFocus rates NSE:PLATIND with a GF Score™ of 47/100. The stock has 5 warning signs investors should review. Among 1,421 Chemicals companies, Platinum Industries ranks better than 95.29% on this metric.

Platinum Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹44 Mil. Platinum Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹61 Mil. Platinum Industries's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹4,431 Mil. Platinum Industries's debt to equity for the quarter that ended in Mar. 2026 was 0.02.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Platinum Industries's Debt-to-Equity or its related term are showing as below:

NSE:PLATIND' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.2   Max: 1.18
Current: 0.02

During the past 6 years, the highest Debt-to-Equity Ratio of Platinum Industries was 1.18. The lowest was 0.02. And the median was 0.20.

NSE:PLATIND's Debt-to-Equity is ranked better than
95.29% of 1421 companies
in the Chemicals industry
Industry Median: 0.36 vs NSE:PLATIND: 0.02

Platinum Industries  (NSE:PLATIND) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Platinum Industries Debt-to-Equity Related Terms


Platinum Industries Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Platinum Industries's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Platinum Industries Debt-to-Equity Chart

Platinum Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial 1.18 0.35 0.03 0.05 0.02

Platinum Industries Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 N/A 0.07 N/A 0.02

NSE:PLATIND vs : Debt-to-Equity Comparison

For the Specialty Chemicals subindustry, Platinum Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Platinum Industries Debt-to-Equity vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Platinum Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Platinum Industries's Debt-to-Equity falls into.


NSE:PLATIND
47GF Score
Platinum Industries Ltd NSE:PLATIND
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Platinum Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Platinum Industries's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Platinum Industries's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.02 mean?
Platinum Industries (NSE:PLATIND) has a Debt-to-Equity of 0.02 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Platinum Industries and its competitors. This is 90% below median its historical median of 0.20. Over the past decade, Platinum Industries' Debt-to-Equity has ranged from 0.02 to 1.18. According to the industry distribution chart, Platinum Industries ranks #67 out of 1421 companies in the Chemicals industry, placing it in the top 4.7%.
Is Platinum Industries' Debt-to-Equity too high?
Platinum Industries' current Debt-to-Equity of 0.02 is 90% below median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 1.18. The Chemicals industry median Debt-to-Equity is 0.36. Platinum Industries' value of 0.02 is 94.4% below this industry median. Based on the distribution chart, Platinum Industries ranks #67 out of 1421 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Platinum Industries has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Platinum Industries' Debt-to-Equity compare to ?
According to the Chemicals industry distribution chart, Platinum Industries ranks #67 out of 1421 companies for Debt-to-Equity. This places Platinum Industries in the top 5% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.36. Platinum Industries' value of 0.02 is 94.4% below this benchmark. Historically, Platinum Industries' own Debt-to-Equity has ranged from 0.02 to 1.18 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.36, Platinum Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.36, based on 1,421 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Platinum Industries's current Debt-to-Equity of 0.02 is 94.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Platinum Industries and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Platinum Industries's current Debt-to-Equity is 0.02, which is 90% below median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Platinum Industries stock overvalued right now?
Platinum Industries (NSE:PLATIND) has a current Debt-to-Equity of 0.02. The current Debt-to-Equity is 0.02, which is 90% below median its 10-year median of 0.20 and 94.4% below the Chemicals industry median of 0.36. Platinum Industries' overall GF Score™ is 47/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Platinum Industries (NSE:PLATIND), the current Debt-to-Equity is 0.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Platinum Industries Business Description

Comparable Companies
Other Exchanges 544134:India
Address Andheri Kurla Road, Unit No. 841, 4th Floor, Solitaire Corporate Park-8, Andheri East, Mumbai, MH, IND, 400093
Platinum Industries Ltd is a multi-product company engaged in the business of manufacturing stabilizers. Its business segment includes PVC stabilizers, CPVC additives, and lubricants. The company operates in the speciality chemicals industry and its products find their application in PVC pipes, PVC profiles, PVC fittings, electrical wires and cables, SPC floor tiles, Rigid PVC foam boards, packaging materials, etc.
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