Outcome of the Board meeting held on May 29, 2025.
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Premier Synthetics' board approved audited financial results for Q4 and FY ended March 31, 2025, with statutory auditors issuing an unmodified opinion. Revenue from operations surged to Rs 1,479.64 lakhs in FY25 from Rs 799.07 lakhs in FY24, an increase of about 85%, driven by trading of textiles (Rs 1,378.89 lakhs) and a new trading segment in raw materials for rubber tubes (Rs 100.74 lakhs). The company swung to a net profit of Rs 149.07 lakhs in FY25 from a loss of Rs 220.53 lakhs in FY24, with EPS of Rs 3.25 vs Rs (4.80). The board also recommended a nominal 0.01% dividend on preference shares and appointed new internal and secretarial auditors for FY26. Operating cash flow, however, was sharply negative at Rs (350.58) lakhs.
The strong top-line growth and turnaround to profitability are positive for shareholders, but the deeply negative operating cash flow and continued reliance on borrowings (which rose to over Rs 813 lakhs) suggest earnings quality remains weak. Investors should watch for sustained cash generation in FY26 before drawing strong conclusions.