Premco Global FY26 Profit ₹5.99 Cr, Recommends ₹2 Dividend & Relocation

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AuthorIshaan Verma|Published at:
Premco Global FY26 Profit ₹5.99 Cr, Recommends ₹2 Dividend & Relocation
Overview

Premco Global announced its audited FY26 results, reporting a net profit of ₹5.99 crore on ₹93.68 crore revenue. The company recommended a ₹2 per share final dividend and plans to relocate manufacturing to boost operational synergies.

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Premco Global FY26 Financial Highlights and Strategic Moves

Premco Global Ltd has released its audited financial results for the fiscal year ending March 31, 2026. The company reported consolidated revenue of ₹93.68 crore and a consolidated net profit of ₹5.99 crore. This equates to a basic Earnings Per Share (EPS) of ₹18.12 for the consolidated entity. On a standalone basis, Premco Global recorded revenue of ₹51.76 crore and a net profit of ₹13.93 crore, with an EPS of ₹42.16.

Dividend and Strategic Moves

The company has recommended a final dividend of ₹2 per equity share, subject to shareholder approval. In a strategic move to enhance efficiency, Premco Global plans to relocate its manufacturing operations from Palghar and Vapi. The company also announced the appointment of CS Jay Narendra Sonavane as Company Secretary & Compliance Officer, strengthening its corporate governance.

Business Context

Premco Global operates within the readymade garments and apparel sector. In the prior fiscal year, FY25, the company posted consolidated revenue of approximately ₹85 crore (₹8500 lakh) and a consolidated net profit of around ₹5 crore (₹500 lakh). The reported FY26 figures show growth from these prior-year levels.

Peer Landscape

In the apparel sector, Premco Global's peers include companies like Go Fashion (India) Ltd, which focuses on women's bottom wear, and KPR Mill Ltd, a larger, more diversified textile manufacturer.

What Investors Are Watching

Investors will be monitoring key developments, including the shareholder approval for the ₹2 per equity share final dividend and the subsequent intimation of the record date. The successful execution and realization of operational synergies from the manufacturing facility relocations will also be closely watched. Additionally, tracking performance trends in specific product segments, particularly concerning the difference between standalone and consolidated net profit, will be important.

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