Outcome of Board meeting
PREMIERPOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Premier Polyfilm Limited reported strong full-year results for FY2026 ending March 31. Total income rose to Rs 34,126 Lakhs from Rs 30,464 Lakhs in FY2025 (approx 12% growth). Net profit increased to Rs 3,188 Lakhs vs Rs 2,600 Lakhs (approx 23% growth). EPS stood at Rs 3.04. The Board recommended a dividend of Rs 0.15 per equity share (15%) subject to shareholder approval at the AGM. The statutory auditor was reappointed for FY 2026-27, while cost and internal auditors were newly appointed. The audit report is unmodified; however, the auditors included an Emphasis of Matter note regarding a GST dispute. The company treats a confirmed GST demand of Rs 98.58 Lakhs as a contingent liability, pending a further appeal to GSTAT. The auditor firm changed mid-year due to MARS & Associates merging into A D V AND CO LLP from February 2026.
Revenue and profit grew solidly year-on-year, with EPS at Rs 3.04. The GST contingent liability of Rs 98.58 Lakhs is a risk to monitor but no provision was made. The unmodified audit with clean books is positive for investor confidence.