Premier Polyfilm Ltd (PREMIERPOL)
🎯 Key Takeaways
- Premier Polyfilm Ltd is in a stable growth phase, characterized by consistent profitability, strong returns on capital, and disciplined capital allocation. The company demonstrates solid operational efficiency and margin resilience in a competitive chemicals and plastic products industry, supported by steady revenue expansion and high returns on equity and capital.
- Revenue grew 8.6% QoQ to ₹88 in Q1FY27.
- ⚠️ Exposure to GST dispute liability of ₹98.58 lakhs poses a potential contingent financial risk requiring monitoring.
📖 The Story
Premier Polyfilm Ltd is in a stable growth phase, characterized by consistent profitability, strong returns on capital, and disciplined capital allocation. The company demonstrates solid operational efficiency and margin resilience in a competitive chemicals and plastic products industry, supported by steady revenue expansion and high returns on equity and capital. Management maintains a conservative balance sheet with negligible debt and a history of reinvestment and shareholder returns.
📰 What's Happening
In the latest quarter ended June 2026, revenue rose to ₹88 lakhs with operating profit of ₹12 lakhs and an OPM of 14.0%, reflecting stable margins. The company scheduled a conference call on July 20, 2026, to discuss results and provide a business update, marking a key transparency initiative. The FY2025-26 Annual Report confirmed a 22.6% YoY increase in net profit to ₹3,188 lakhs, driven by operational efficiency and capacity expansion. Management reaffirmed confidence in future performance, projecting 10-11% revenue growth for FY2027 and operating margins of 14-16%. The 34th AGM is set for September 24, 2026, where shareholders will vote on the dividend recommendation of ₹0.15 per share and director reappointments.
Source: Stock Announcements
📊 Quarterly Results (₹ Cr)
| Metric | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| Revenue | 74 | 79 | 81 | 88 |
| Operating Profit | 11 | 12 | 12 | 12 |
| OPM % | 15.1% | 15.3% | 14.7% | 14.0% |
| Net Profit | 8 | 9 | 9 | 9 |
| EPS | ₹0.76 | ₹0.89 | ₹0.82 | ₹0.87 |
Revenue has grown sequentially from ₹74 lakhs in September 2025 to ₹88 lakhs in June 2026, while net profit remained stable around ₹9 lakhs per quarter, indicating margin resilience amid modest top-line expansion. Operating margins have held firm between 14.0% and 15.3% over the past four quarters, suggesting effective cost management and operational leverage. Despite flat quarter-on-quarter profit levels, the consistent EPS and strong ROE of 29.6% underscore efficient capital use. Management attributes this stability to capacity utilization and process improvements, with no signs of margin erosion despite macroeconomic headwinds.
🔮 Management Outlook & What's Next
Management projects revenue growth of 10-11% in FY2027 and expects operating margins to remain healthy at 14-16%, signaling confidence in sustained profitability. The Board recommended a dividend of ₹0.15 per share for FY2025-26, reflecting a commitment to shareholder returns despite reinvestment needs. The reappointment of Executive Director Ram Babu Verma and engagement of A D V And Co LLP as auditors reinforce governance continuity. Management continues to emphasize operational efficiency and capacity expansion as drivers of long-term value creation, with no public indication of new strategic initiatives beyond incremental scaling.
Extracted from official company announcements. Not StockFin.ai's opinion.
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2025 | Mar 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 |
| Reserves | 96 | 107 | 121 | 137 |
| Borrowings | 0 | 15 | 0 | 0 |
| Total Liabilities | 147 | 164 | 170 | 202 |
| Fixed Assets | 50 | 56 | 56 | 60 |
| Investments | 17 | 13 | 22 | 21 |
| Total Assets | 147 | 164 | 170 | 202 |
The balance sheet remains exceptionally light on debt, with total borrowings of just ₹15 lakhs as of March 2025, down from ₹0 in prior periods, indicating minimal leverage and strong financial independence. Equity and reserves have steadily increased, supporting internal funding for growth. With no significant capital expenditures or financing activities disclosed in cash flow, the company appears to be funding operations internally, aligning with a low-risk capital structure and conservative financial management.
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2025 |
|---|---|
| Operating | +23 |
| Investing | -11 |
| Financing | -6 |
| Net Cash Flow | +6 |
👥 Shareholding Pattern
| Category | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|
| Promoters | 67.6% | 67.6% | 69.4% | 71.1% |
| FII | 0.0% | 0.0% | 0.1% | 0.1% |
| DII | 1.0% | 1.0% | 1.0% | 1.0% |
| Public | 12.8% | 12.6% | 12.4% | 12.6% |
| # Shareholders | 24,178 | 23,563 | 24,052 | 23,612 |
Promoter holding has gradually increased from 67.6% in Q2FY26 to 71.08% in Q1FY27, indicating confidence from the promoter group. Institutional interest is emerging, with FII ownership rising from 0% to 0.09% and DII holding steady at 1.02% over the past year. The number of public shareholders has slightly declined, suggesting consolidation. No insider selling or significant dilution events were reported, and the modest share pledge by DLF Millar & Co (21,882 shares) appears incidental, tied to transactional liquidity rather than a shift in control.
⚖️ Peer Comparison — Plastic products
| Company | MCap (₹ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| SUPREMEIND | 45,398 | 44.0 | 22.1% | 16.7% | 0.00 |
| ASTRAL | 40,535 | 70.4 | 20.0% | 14.2% | 0.04 |
| SHAILY | 14,945 | 84.5 | 33.8% | 32.3% | 0.34 |
| FINPIPE | 9,633 | 15.6 | 12.7% | 9.9% | 0.07 |
| TIMETECHNO | 9,411 | 18.5 | 20.9% | 17.2% | 0.22 |
| KINGFA | 8,169 | 36.2 | 39.9% | 31.0% | 0.05 |
| SAFARI | 7,500 | 45.4 | 19.8% | 14.8% | 0.00 |
| VIPIND | 4,312 | — | -43.7% | -130.7% | 1.42 |
| RESPONIND | 4,002 | 39.5 | 7.5% | 6.5% | 0.12 |
| PRINCEPIPE | 3,223 | 31.0 | 8.0% | 6.5% | 0.17 |
🔗 Peer Stock Analyses
⚠️ Risk Factors
1. Exposure to GST dispute liability of ₹98.58 lakhs poses a potential contingent financial risk requiring monitoring. 2. Modest scale of operations limits bargaining power and resilience to raw material price volatility, despite management's confidence in margin stability. 3. High promoter concentration (71%) increases governance scrutiny and reduces float, potentially affecting liquidity. 4. Raw material price volatility remains a structural risk, as highlighted in credit rating documentation, with no hedging disclosed.
📋 Recent Filings
-
🔴 annual report 27 August 2026Premier Polyfilm Limited submitted its FY 2025-26 Annual Report to BSE and NSE on 27 August 2026, confirming the 34th AGM scheduled for 24 September 2...
-
Announcement 20 August 2026No summary available
-
Announcement 18 August 2026Premier Polyfilm Limited clarified that the recent spike in trading volume of its securities was driven by broader market conditions rather than any u...
-
Announcement 17 August 2026No summary available
-
🔴 Announcement 11 August 2026Premier Polyfilm Limited reaffirmed its CRISIL BBB+/Stable long-term and A2 short-term credit ratings for ₹54 crore of bank facilities, valid until Ma...
-
🔴 Announcement 10 August 2026Premier Polyfilm Limited announced that CRISIL has reaffirmed its BBB+/Stable long-term and A2 short-term credit ratings for the company's total bank ...
-
🔴 Insider Trading 23 July 2026Premier Polyfilm Limited disclosed a revised yearly shareholding filing under SEBI Takeover Regulations for FY2026, revealing that promoter group enti...
-
🔴 Financial Results 20 July 2026Premier Polyfilm Limited announced on July 20, 2026, that its unaudited standalone financial results for the quarter ended June 30, 2026, will be publ...
-
🔴 annual report 18 July 2026Premier Polyfilm Limited announced its 34th Annual General Meeting on September 24, 2026, at 12:15 PM via video conference, with soft copies of the An...
-
🟡 Board Meeting 18 July 2026Premier Polyfilm approved its unaudited standalone financial results for Q1 June 2026 showing revenue of **₹10,065 lakhs**, profit before tax of **₹1,...
🧠 Analyst's Read
Premier Polyfilm demonstrates consistent operational discipline and strong returns, supported by a clean balance sheet and shareholder-friendly policies. Investors should monitor execution of growth ambitions and resolution of the GST dispute. The stock’s 86% one-year return reflects strong market confidence, but future performance will depend on margin sustainability and macroeconomic resilience in the plastic products sector.
Based on filing content and financial data. Not a recommendation.
Read the full analysis
Quarterly trends, balance sheet, cash flow, peer comparison, and AI insights — sign up free to unlock.
Sign Up Free — Unlock Full Analysis2 free AI queries per day.
Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-09-02.
Editorial & Data Transparency Notice
This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
📡 Get AI alerts when PREMIERPOL files new disclosures
Track PREMIERPOL filings, board meetings, and corporate actions. Free email alerts at 5 PM.
Track PREMIERPOL — FreeFree account · 2 AI queries/day
© 2026 StockFin.ai — AI-powered Indian stock research
About · Privacy Policy · Terms of Service · Pricing
Today's Announcements · Screener · Insights · AI Chat
Data provided by CMOTS Internet Technologies Pvt Ltd