Announced Thu, 13 Aug, 2026 · 17:30 IST

Premier Q1 FY27 results: Loss of Rs 176 lakhs, zero revenue, CIRP and going concern doubts

Going-concern doubtQualified audit opinionEmphasis of matterNet loss reportedResults View source PDF Explain this filing

PREMIER · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-3.1%Reaction day

₹2.89

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-3.2% vs market

On the reaction day the stock moved 3.2 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-3.1+0.1-3.2

Next day

-6.6+0.2-6.8

-4.2+0.6-4.7

-5.9-0.0-5.9

-2.8+0.5-3.3

-3.5+0.8-4.2

-10.0+0.6-10.6

15d

-4.8+1.3-6.1

-4.5-1.4-3.1

-6.6-0.6-6.0

———

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Premier Limited reported nil revenue from operations and a net loss of Rs 176 lakhs for Q1 FY27 (quarter ended June 30, 2026), unchanged from the previous quarter. Only other income of Rs 23 lakhs was earned. Net worth is completely eroded with negative reserves of Rs 44,545 lakhs. The company remains under CIRP since January 2021 and manufacturing at Chakan stays suspended. The CoC approved Fab Metals resolution plan in January 2022 but NCLT approval is still pending. Auditor issued a qualified review citing material going concern uncertainty, unassessed asset impairment, and delay in IEPF transfer of Rs 46.55 lakhs.

Likely market impact

Company remains under CIRP with suspended operations, fully eroded net worth, and pending NCLT resolution plan approval. Very high risk for shareholders.