Premier Polyfilm Limited Announces Q1 Unaudited Results and Sets Dates for AGM
Premier Polyfilm Limited, a manufacturer of flexible PVC flooring, film, and sheets, announced its unaudited financial results for the quarter ending June 30, 2026. The company's board meeting, held on July 18, 2026, approved the results, alongside several key corporate decisions regarding its upcoming Annual General Meeting (AGM).The company reported a net profit of 600.00 from continuing operations for the period.
Financial Performance Highlights (Quarter Ended June 30, 2026)
The unaudited financial statements reflect the company’s operational performance during the quarter. Key financial indicators are as follows:| Metric | Q1 Unaudited Result |
|---|---|
| Total Income | 10,065.00 |
| Net Profit from Continuing Operations | 600.00 |
| Earnings per share (Basic, continuing operations) | 0.87 |
| Debt Equity Ratio (DSCR) | 0.10 |
| Interest Service Coverage Ratio (ISCR) | 61.65 |
The results were reviewed by the company's Audit Committee and approved by the Board of Directors during their meeting on July 18, 2026.
AGM and Operational Details Announced
The board meeting also finalized critical dates leading up to the forthcoming AGM.Details relating to the General Meeting:
- AGM Date: Thursday, September 24, 2026.
- Meeting Mode: The AGM will be held through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).
- Record Date: Thursday, September 17, 2026, has been set as the record date to determine eligible shareholders who may receive a dividend for the financial year 2025-2026.
For transactional purposes, the Register of Members and Share Transfer Books will remain closed from Friday, September 18, 2026, to Thursday, September 24, 2026. The cut-off date for members to record their entitlement to vote electronically at the ensuing AGM was set as Thursday, September 17, 2026.
Business and Regulatory Notes
The company is primarily engaged in manufacturing and selling Flexible PVC Flooring, Film, and Sheets, with operations considered as a single business product, meaning segment reporting is not applicable.In terms of operational risks, the company noted an ongoing dispute with GST authorities regarding tax classification and applicable rates for certain products. The original demand stood at 183 lakhs but was revised following partial relief to Rs. 98.58 lakhs. An appeal concerning the balance of this demand was filed with the GST Appellate Tribunal on May 26, 2026, and is pending disposal.
PREMIERPOL Stock Price Movement
Shares of Premier Polyfilm Limited slipped by 5.02% on Friday, closing at ₹73.75 as the stock faced significant pressure from institutional holders. The share price had touched its 52-week high during the session and traded within a range that spanned from ₹72.11 to the intraday peak of ₹83.90.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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