Premier Polyfilm profit jumps 51% on strong vinyl sales
Net profit rose to ₹9.08 crore in Q1 FY26, revenue hit ₹100 crore on higher flexible PVC flooring demand. A GST dispute of ₹98.58 lakh remains under appeal.
— 2 earlier stories on Premier Polyfilm Ltd. →What's new
- Net profit rose 51% to ₹9.08 crore in Q1 FY26
- Revenue up 34% to ₹100.06 crore on higher PVC flooring sales
- GST dispute of ₹98.58 lakh under appeal after partial relief
Why this matters
The quarter extends Premier Polyfilm's earnings momentum with double-digit growth in both top and bottom lines. The GST dispute is a lingering but modest liability. The result reinforces the company's steady execution in a niche vinyl flooring market.
What we're watching
- Sustainability of demand for flexible PVC flooring
- Raw material cost trends impacting margins
- Outcome of the GST appellate tribunal hearing
The full read
Premier Polyfilm delivered a strong first quarter. Net profit jumped 51% to ₹9.08 crore, revenue surged 34% to ₹100.06 crore — both well ahead of the trailing growth rates of 11.7% and 53.5%, respectively. The driver: higher sales of flexible PVC flooring, films, and sheets. Basic EPS climbed to ₹0.87 from ₹0.57. The GST dispute, now valued at ₹98.58 lakh, is under appeal after partial relief; it's manageable for a company with ₹659 crore market cap. No dividend was declared. The results are routine but confirm that demand for vinyl flooring remains healthy. The story here is consistent execution, not surprises.
Questions answered
- How much did Premier Polyfilm's net profit grow in Q1 FY26?
- Net profit rose 51% to ₹9.08 crore from ₹6 crore in the same quarter last year.
- What drove the revenue growth?
- Revenue from operations increased 34% to ₹100.06 crore, driven by higher sales of flexible PVC flooring, films, and sheets.
- What is the GST dispute about?
- A GST classification dispute with a revised demand of ₹98.58 lakh remains under appeal before the GST Appellate Tribunal after partial relief was obtained.
- Did Premier Polyfilm declare a dividend for the quarter?
- No equity dividend was proposed for the period.
- What was the auditor's view on the results?
- The statutory auditors issued an unmodified limited review conclusion, meaning no qualifications.
Premier Polyfilm Ltd.
Latest quarter · Jun 2026
Strength & growth
Story so far
All notes on PREMIERPOL →- 18 Jul 2026 · 3:37 PM IST Premier Polyfilm profit jumps 51% on strong vinyl sales
- 10d ago Premier Polyfilm Q1 net profit jumps 51% to ₹9.08 cr
- 41d ago Premier Polyfilm sheds 'not cooperating' tag with ICRA upgrade