Premier Polyfilm Limited Reports Strong Growth for FY26

Revenue rose to Rs 338.90 crore, up from Rs 301.39 crore in FY25. Net profit climbed to Rs 30.90 crore, compared to Rs 25.01 crore in the previous year.

Reader Takeaway: Revenue and profit growth signal operational strength, though ongoing GST tax disputes remain a contingent financial risk.

What just happened

Premier Polyfilm has released its financial performance for the year ending March 31, 2026. The company saw a healthy rise in both top-line revenue and bottom-line profitability, with EPS increasing to Rs 3.04 from Rs 2.48. To reward shareholders, the board has recommended a final dividend of Rs 0.15 per equity share.

Business Performance

Growth was supported by increased output of PVC flooring and sheeting, which reached 29,311 metric tonnes. The company successfully commissioned new machinery and expanded operations to an 18.13-acre facility at SIPCOT Industrial Park. Management is also shifting toward sustainable operations by integrating solar power and Piped Natural Gas (PNG) into their energy mix.

Governance and Leadership

The company board underwent several changes. Smt. Mainka Sharma joined as a Non-Executive Independent Director, while Shri Umesh Kumar Agarwalla resigned from his role as Non-Executive Director. The company also re-appointed Shri Mayank Goenka as an Executive Director.

Risks to watch

Investors should monitor the GST classification dispute regarding PVC Laminated Non-Woven Fabric. The company is contesting a demand of Rs 98.58 lakh before the GSTAT. Additionally, the firm recently paid a Rs 50,000 penalty to the NSE for a delayed disclosure on the NEAPS portal.

What to track next

The outcome of the GSTAT appeal regarding the tax classification dispute will be critical for the company’s contingent liability position. Furthermore, the operational impact of the new SIPCOT facility and the transition to renewable energy will be key metrics for margin improvement in the coming quarters.