Premier Limited Q2 FY26 results - under CIRP, net worth eroded, qualified audit report

Going-concern doubtQualified audit opinionEmphasis of matterNet loss reportedRevenue declinedNegative operating cash flowResults View source PDF Explain this filing

PREMIER · price

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Price reactionminutes from the announcement price · days from the prior close

+4.3%Reaction day

₹3.27

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+4.4% vs market

On the reaction day the stock moved 4.4 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+4.3-0.1+4.4

Next day

-0.6-0.2-0.4

-2.4+0.4-2.9

+3.1-0.4+3.5

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15d

-8.6-3.9-4.7

-11.9-4.8-7.1

-11.0-7.8-3.2

-6.4-7.2+0.8

UpDownMarket · Nifty Microcap 250Pending

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AI summary

Premier Limited filed Q2 FY26 standalone and consolidated results while under CIRP since January 2021, with manufacturing suspended since March 2020. Revenue from operations is zero. Half year loss narrowed to Rs. 235.88 lakhs from Rs. 389 lakhs in prior year period. Other income of Rs. 193 lakhs came from railway land compensation. Net worth is fully eroded. Auditor issued qualified review report flagging going concern doubt, missing impairment assessment, and CIRP-related uncertainties.

Likely market impact

Highly negative - 4 plus years in CIRP, operations shut, net worth erased, qualified opinion with going concern flags. Stock remains very risky.