Premco Global Limited's Board of Directors approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, at its meeting held on May 11, 2026, which commenced at 3:45 PM and concluded at 4:45 PM. The statutory auditor, S. P. Jain & Associates, issued an unqualified and unmodified audit opinion on both standalone and consolidated financial results. Following an inadvertent administrative error in which the digitally signed audit report — reviewed and approved by the Audit Committee and Board of Directors — was not visible after being uploaded to the stock exchange, the company submitted a revised outcome to BSE Limited on May 13, 2026, with the properly merged digitally signed audit report. The audited financial results were also published in 'Active Times' (English) and 'Mumbai Lakshadweep' (Marathi) newspapers on May 13, 2026, in compliance with Regulation 47 of the SEBI (LODR) Regulations, 2015.

Consolidated Financial Performance

On a consolidated basis, Premco Global reported a decline in revenue and profitability for the full year. The following table summarises the key consolidated financial metrics:

Consolidated revenue from operations for the quarter ended March 31, 2026 stood at ₹2,141.45 lakhs, compared to ₹2,834.07 lakhs in the corresponding quarter of the previous year. For the full year, consolidated revenue declined to ₹9,368.04 lakhs from ₹10,947.51 lakhs. The consolidated profit for the period stood at ₹598.73 lakhs for FY26, against ₹950.75 lakhs in FY25. The foreign subsidiary, Premco Global Vietnam Company Limited, reported total assets of ₹3,550.28 lakhs, total income of ₹4,631.21 lakhs, and net profit after tax of ₹789.82 lakhs for the year ended March 31, 2026.

Standalone Financial Performance

On a standalone basis, Premco Global reported revenue from operations of ₹886.57 lakhs for Q4 FY26, compared to ₹1,529.13 lakhs in Q4 FY25. The standalone other income for FY26 included dividend income of ₹1,575.82 lakhs received from the subsidiary company (previous year: ₹1,288.31 lakhs). Key standalone metrics are presented below:

Balance Sheet Highlights

The consolidated balance sheet as at March 31, 2026 reflects total assets of ₹12,990.86 lakhs against ₹12,907.54 lakhs as at March 31, 2025. Total equity stood at ₹10,045.78 lakhs, with cash and cash equivalents at ₹2,512.50 lakhs, up from ₹2,085.70 lakhs in the previous year. On a standalone basis, total assets stood at ₹8,853.29 lakhs, with total equity of ₹7,408.43 lakhs and cash and cash equivalents of ₹978.17 lakhs.

Cash Flow Summary

On a consolidated basis, net cash generated from operations stood at ₹1,866.09 lakhs for FY26, compared to ₹544.82 lakhs in FY25. Net cash from investing activities was ₹647.29 lakhs, while net cash used in financing activities was ₹(2,086.58) lakhs, resulting in a net increase in cash and cash equivalents of ₹426.80 lakhs. The closing consolidated cash and cash equivalents stood at ₹2,512.50 lakhs against an opening balance of ₹2,085.70 lakhs. On a standalone basis, net cash generated from operations was ₹123.98 lakhs, net cash from investing activities was ₹2,257.32 lakhs, and net cash used in financing activities was ₹(1,768.57) lakhs, with standalone closing cash and cash equivalents at ₹978.17 lakhs.

Dividend Recommendation

The Board recommended a final dividend of ₹2 per equity share of ₹10 each for FY26, subject to shareholder approval at the forthcoming Annual General Meeting (AGM). This is in addition to three interim dividends already declared during FY26, bringing the total dividend for FY26 to ₹44 per equity share. The dividend, if approved, will be paid within statutory timelines to members whose names appear in the Register of Members as on the record date, which will be intimated to the stock exchanges in due course in compliance with Regulation 42 of the SEBI (LODR) Regulations, 2015.

Operational Developments and Key Appointments

During the year, the company consolidated its manufacturing operations by moving from its Palghar and Vapi facilities to other plants to achieve operational synergies. One-time ex-gratia payments of ₹40.38 lakhs (Palghar) and ₹53.67 lakhs (Vapi) were made to contractual employees and disclosed as exceptional/extraordinary items. The company also assessed the implications of the New Labour Codes, effective from November 21, 2025, and recognised incremental liabilities during the fourth quarter. The company operates primarily in a single business segment — Elastic — and accordingly, no separate reportable segments exist.

In a key governance development, the Board approved the appointment of CS Jay Narendra Sonavane (ACS: 80361) as Company Secretary and Compliance Officer with effect from May 11, 2026, on the recommendation of the Nomination and Remuneration Committee. The appointment was made pursuant to Section 203 of the Companies Act, 2013 and Regulation 6 of the SEBI (LODR) Regulations, 2015. Mr. Sonavane has no relation with the Promoters or Directors of the Company. His profile details as disclosed under Regulation 30 are presented below:

The agenda item for the re-appointment of Internal Auditor M/s Chaturvedi and Partners was deferred to the next Board meeting as recommended by the Audit Committee.

Premco Global Limited has intimated BSE Limited of the resignation of Ms. Niharika Goyal from the position of Company Secretary and Compliance Officer (Key Managerial Personnel) of the company. The resignation was tendered on May 8, 2026, and the company has accepted it, with Ms. Goyal set to be relieved from her responsibilities with effect from the close of business hours on May 10, 2026. The intimation has been made in compliance with Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Resignation

The following details have been disclosed as required under the SEBI Listing Regulations read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024:

Regulatory Compliance and Confirmation

In accordance with applicable SEBI disclosure requirements, Premco Global has confirmed that Ms. Niharika Goyal provided written confirmation that there are no other material reasons for her resignation beyond those cited in her resignation letter. The company has also been requested to ensure that all required filings and disclosures are made with the relevant regulatory authorities, including the Ministry of Corporate Affairs and the Stock Exchanges.

Resignation Letter Highlights

In her resignation letter dated May 8, 2026, Ms. Goyal noted the following:

• She tendered her resignation to pursue new career opportunities outside the company.
• She expressed gratitude to the Board, Management, and colleagues for their support and trust during her tenure.
• She acknowledged her contribution to the company's growth and compliance framework.
• She requested the Board to ensure timely regulatory filings and disclosures with the Ministry of Corporate Affairs and Stock Exchanges.

Premco Global Limited is headquartered at "Urmi Estate", Tower-A, Lower Parel (West), Mumbai – 400013, and holds CIN No. L18100MH1986PLC040911.