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Primacy Industries Ltd.

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Year established

2005

Location

Mangalore Karnataka India

Primary Industry

Business Support Services

About

Based in Mangalore, India, and founded in 2005, Primacy Industries Ltd., operates as contract research and manufacturing services company. In October 2021, Primacy Industries Ltd. raised INR 3100 million in venture funding from a new investor, India Resurgence Fund. As of 2022, the company has manufacturing facilities located in Mangalore and Gujarat. The company offers various end-to-end manufacturing and contract research solutions for the manufacturing of body care, skincare, and hair care products. The company partners with retailers like Walmart, Dollar General, K-Mart, Bed Bath & Beyond, Metro Cash and Carry, SPAR, Future Group, Walmart India, Grofers, Aditya Birla, Dabur, Godrej, Reliance, and Himalaya, providing research and development, and supply chain solutions. The company plans to use the October 2021 funding to strengthen its balance sheet and boost its growth plans.
Current Investors
India Resurgence Fund

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Primary Industry
Business Support Services
Sub Industries
Facilities & Maintenance Services, Office Suppliers, Market Research & Consulting
Website
www.primacyind.com
Verticals
Manufacturing, Research (Non-Medical)
Company Stage
Early Stage
Total Amount Raised
Subscriber access only

Timeline of Key Events

TimeLine Events

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Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin
31 Mar 2013
1,540,939,448
-
(153,193,225)
(9.9%)
(132,383,643)
(8.6%)
(304,263,797)
(19.7%)
31 Mar 2014
1,243,334,826
(19.3%)
187,296,665
15.1%
208,174,536
16.7%
10,295,636
0.8%
31 Mar 2015
1,494,132,855
20.2%
194,974,909
13%
230,262,527
15.4%
43,649,170
2.9%
31 Mar 2016
14,492,107,400
869.9%
1,102,164,303
7.6%
1,280,121,519
8.8%
395,320,788
2.7%
31 Mar 2017
13,480,595,750
(7%)
674,637,962
5%
865,771,726
6.4%
60,964,407
0.5%
31 Mar 2018
11,695,200,127
(13.2%)
1,190,556,660
10.2%
1,397,072,015
11.9%
333,033,348
2.8%
31 Mar 2019
12,410,315,971
6.1%
1,482,193,987
11.9%
1,718,094,829
13.8%
658,222,601
5.3%
31 Mar 2020
31 Mar 2021
31 Mar 2022

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Employee Data

Employee Graph

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