Premier Polyfilm Q1 net profit jumps 51% to ₹9.08 cr
Net profit up 51%, revenue up 34% driven by vinyl flooring and PVC sheets. Board sets Sept 24 AGM, Sept 17 record date for dividend. GST demand reduced to ₹0.99 cr, appeal filed.
— 2 earlier stories on Premier Polyfilm Ltd. →What's new
- Net profit rose 51% to ₹9.08 crore, total income up 34% to ₹100.65 crore.
- Board fixes Sept 24 AGM, Sept 17 record date for dividend subject to approval.
- GST demand cut from ₹1.83 cr to ₹0.99 cr; company appeals for full relief.
Why this matters
The 51% profit jump and 34% revenue growth confirm strong demand for vinyl flooring and PVC sheets. The GST reduction, while modest, removes a small overhang. The dividend decision at the AGM will test management's confidence in cash flow sustainability.
What we're watching
- Dividend payout ratio at the AGM – any surprise on payout.
- GST Appellate Tribunal ruling – full relief would boost cash flows.
- Sustainability of revenue growth in coming quarters.
The full read
Premier Polyfilm's Q1 numbers: net profit up 51% to ₹9.08 crore, revenue up 34% to ₹100.65 crore. Vinyl flooring and PVC sheets drove the top line. The board set September 24 for the AGM and a September 17 record date for a pending dividend. On the GST front, the company got a partial relief, with the demand dropping from ₹1.83 crore to ₹0.99 crore, and an appeal for full relief is underway. The quarter reinforces the earnings trajectory that earned an ICRA upgrade in June. But the numbers are routine for a micro-cap delivering strong growth — no material surprise. The next cue: the dividend payout and the GST tribunal outcome.
Questions answered
- How much did Premier Polyfilm earn in Q1 FY26?
- Net profit was ₹9.08 crore, up 51% from ₹6 crore a year ago. Total income stood at ₹100.65 crore, a 34% rise.
- What drove the revenue growth?
- Higher sales of vinyl flooring and PVC sheets contributed to the 34% increase in total income.
- What is the status of the GST dispute?
- The company secured partial relief reducing the tax demand from ₹1.83 crore to ₹0.99 crore. It has appealed to the GST Appellate Tribunal for the remaining amount.
- When is the AGM and what about dividends?
- The 34th AGM is scheduled for September 24, with a record date of September 17 for dividend eligibility. The dividend is subject to shareholder approval at the AGM.
- How does Q1 compare to the previous quarter (Mar 2026)?
- In the Mar quarter, sales were ₹92 crore and net profit ₹9 crore. Q1 shows higher revenue (₹100.65 cr) with similar profit, indicating improved margins or lower costs.
Premier Polyfilm Ltd.
Latest quarter · Jun 2026
Strength & growth
Story so far
All notes on PREMIERPOL →- 18 Jul 2026 · 3:25 PM IST Premier Polyfilm Q1 net profit jumps 51% to ₹9.08 cr
- 10d ago Premier Polyfilm profit jumps 51% on strong vinyl sales
- 41d ago Premier Polyfilm sheds 'not cooperating' tag with ICRA upgrade