Premco Global Reports FY26 Profit of ₹9.51 Cr, Recommends ₹2 Dividend Amid Quarterly Loss

Premco Global announced its full-year audited financial results for fiscal year 2026, reporting consolidated revenue of ₹109.48 crore and a consolidated profit after tax of ₹9.51 crore. The company's board recommended a final dividend of ₹2 per equity share. However, the fourth quarter ending March 31, 2026, recorded a consolidated loss of ₹1.05 crore. Additionally, CS Jay Narendra Sonavane was appointed as the new Company Secretary and Compliance Officer.

Full-Year Financials and Dividend Recommendation

For the fiscal year ended March 31, 2026, Premco Global posted consolidated revenue of ₹10,947.51 lakh (₹109.48 crore). The consolidated profit after tax (PAT) for the same period was ₹950.75 lakh (₹9.51 crore). Shareholders are set to receive a final dividend of ₹2.00 per equity share, pending shareholder approval.

Fourth Quarter Performance

In contrast to the full-year performance, the fourth quarter of fiscal year 2026, ending March 31, 2026, saw a consolidated loss of ₹104.93 lakh (₹1.05 crore loss). This quarterly performance may signal near-term challenges.

Company Background and Standalone Figures

Premco Global Ltd is primarily engaged in manufacturing and marketing apparel and clothing, operating popular brands such as 'Global Desi' and 'AND'. The company's full-year revenue of ₹109.48 crore represents growth compared to FY25's ₹100.64 crore revenue. Similarly, FY26 profit grew from FY25's ₹8.50 crore. On a standalone basis, FY26 PAT was ₹1,331.33 lakh, significantly higher than the consolidated figure, indicating substantial contributions from subsidiaries or associates over the year. The standalone Q4 FY26 also reported a loss of ₹275.42 lakh.

New Company Secretary Appointment

Effective May 11, 2026, CS Jay Narendra Sonavane was appointed as the new Company Secretary and Compliance Officer. Mr. Sonavane brings over two years of experience to this role, bolstering the company's secretarial and compliance functions.

Investor Outlook and Risks

While the full-year profit and dividend recommendation are positive for shareholders, the Q4 consolidated loss warrants investor attention. This quarterly downturn could suggest pressures on margins or a recent slowdown in demand. The significant difference between consolidated and standalone PAT also points to potential complexities in subsidiary performance or inter-company adjustments, which investors should monitor.

Performance in the Apparel Market

Premco Global operates within the competitive branded apparel sector. Peers like TCNS Clothing Co. Ltd and Go Fashion (India) Ltd also target women's fashion. For comparison, TCNS Clothing reported a Q4 FY24 consolidated revenue of ₹343.08 crore and PAT of ₹17.53 crore, while Go Fashion posted Q4 FY24 revenue of ₹218.46 crore with PAT of ₹20.12 crore. Premco's recent Q4 loss stands in contrast to these peers' positive quarterly profits in their respective reporting periods. These comparisons highlight the sector's dynamic nature where quarterly results can fluctuate.

Financial Growth Highlights

Consolidated revenue showed an increase, growing from ₹10,064.01 lakh in FY25 to ₹10,947.51 lakh in FY26. Consolidated profit after tax also rose from ₹849.65 lakh in FY25 to ₹950.75 lakh in FY26. However, the consolidated profit after tax for Q4 FY26 shifted to a loss of ₹104.93 lakh, compared to a ₹17.33 lakh loss in Q4 FY25. Standalone profit after tax increased from ₹1,055.83 lakh in FY25 to ₹1,331.33 lakh in FY26.

What to Watch Next

Investors will be looking for confirmation of the record date for the ₹2 per equity share final dividend. Management commentary is anticipated regarding the reasons behind the Q4 consolidated loss and the outlook for FY27. Performance trends for key brands 'Global Desi' and 'AND' in upcoming quarters, along with any updates on strategic initiatives or expansion plans, will also be closely tracked.