Premium Plast reports FY26 revenue of ₹7,537.38 lakh
Premium Plast Limited's board approved audited standalone financial results for the year ended March 31, 2026, reporting a revenue of ₹7,537.38 lakh and a profit after tax of ₹687.29 lakh. The company also disclosed the utilisation of IPO proceeds, with ₹1,893.61 lakh utilized out of ₹2,619.54 lakh raised.
*this image is generated using AI for illustrative purposes only.
Premium Plast Limited reported its audited standalone financial results for the year ended March 31, 2026, on May 31, 2026. The company's board approved the results, showing a revenue from operations of ₹7,537.38 lakh for FY26, compared to ₹5,703.28 lakh in the previous year. Profit after tax for the year stood at ₹687.29 lakh, an increase from ₹645.34 lakh in FY25. The earnings per share (EPS) for the year was reported at ₹3.38 on a basic and diluted basis.
The board meeting, which was rescheduled to May 31, 2026, also approved the audit report on financial results issued by the statutory auditors, VRCA & Associates. The meeting commenced at 4:00 P.M. and concluded at 8:45 P.M. The trading window for the company's securities, which had been closed since April 1, 2026, will reopen 48 hours after the declaration of these results.
Financial Performance
The company's total income for FY26 rose to ₹7,582.48 lakh from ₹5,724.63 lakh in the previous year. Total expenses increased to ₹6,643.82 lakh from ₹4,862.25 lakh. The profit before tax for the year was ₹938.66 lakh, up from ₹862.39 lakh in FY25. For the half-year ended March 31, 2026, the company reported a revenue of ₹3,687.57 lakh and a profit after tax of ₹294.22 lakh.
| Particulars | Year ended 31/03/2026 (₹ in lakh) | Year ended 31/03/2025 (₹ in lakh) |
|---|---|---|
| Revenue from operations | 7,537.38 | 5,703.28 |
| Total Income | 7,582.48 | 5,724.63 |
| Total Expenses | 6,643.82 | 4,862.25 |
| Profit before tax | 938.66 | 862.39 |
| Profit after tax | 687.29 | 645.34 |
| Basic EPS (₹) | 3.38 | 10.03 |
Fund Utilisation and Disclosures
The statutory auditors confirmed in their report that the company had received application money of ₹4,01,90,325 towards the issuance of equity shares on a preferential basis. The allotment of these shares was completed subsequent to the reporting date but prior to the date of the auditor's report. The funds were utilised in compliance with the stated objects.
Additionally, the company provided a certificate on the utilisation of funds raised through its public issue. The gross proceeds of the issue amounted to ₹2,619.54 lakh. As of March 31, 2026, the company had utilized ₹1,893.61 lakh, with an unspent amount of ₹725.93 lakh lying in the escrow account. The primary utilisation included ₹929.51 lakh for the expansion of manufacturing facilities and ₹104.40 lakh for a solar power plant.
Historical Stock Returns for Premium Plast
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.43% | -3.95% | +1.34% | +2.72% | +9.43% | -22.90% |
How does Premium Plast plan to utilize the remaining ₹725.93 lakh from the public issue proceeds?
What impact will the recent preferential allotment of equity shares have on the company's future earnings per share?
Will the expansion of manufacturing facilities and the new solar power plant significantly improve profit margins in FY27?
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