Premier Polyfilm Reports Mixed Q2 Results: Revenue Grows, Profit Declines

Premier Polyfilm Limited , a manufacturer of flexible PVC flooring, film, and sheets, has released its unaudited financial results for the quarter and half-year ended September 30, 2025. The company's performance shows a mixed picture with revenue growth but a decline in profitability compared to the previous year.

Revenue and Operational Performance

Premier Polyfilm reported revenue from operations of ₹7,729.56 lakhs for the quarter ended September 30, 2025. The total income, including other operating income, stood at ₹8,413.00 lakhs, showing an improvement from the previous quarter's ₹7,497.00 lakhs.

Profitability and Expenses

Despite the revenue growth, the company's profitability saw a decline compared to the same quarter last year. The earnings per share (EPS) from continuing operations for Q2 FY2026 was ₹0.76, significantly lower than the ₹3.75 reported in Q2 FY2025.

Total expenses for the quarter amounted to ₹7,313.00 lakhs, with major components being:

Expense Category	Amount (₹ in lakhs)
Cost of materials consumed	4,167.00
Employee benefits expense	775.00
Other Expenses	1,854.00
Depreciation and amortisation	116.00

Half-Year Performance

For the half-year ended September 30, 2025, Premier Polyfilm's earnings per share stood at ₹1.34. The company's total income for the first half of FY2026 reached ₹15,910.00 lakhs, compared to ₹15,137.00 lakhs in the same period last year.

Balance Sheet Highlights

As of September 30, 2025, Premier Polyfilm's financial position showed:

Particulars	Amount (₹ in lakhs)
Total Assets	17,031.00
Total Equity	13,200.00
Current Assets	10,068.00
Current Liabilities	3,074.00

The company maintains a strong equity base, with total equity of ₹13,200.00 lakhs against total assets of ₹17,031.00 lakhs.

Management Commentary and Outlook

The Board of Directors approved these unaudited standalone financial results at their meeting held on November 10, 2025. The results were reviewed by the Audit Committee and received a limited review from the statutory auditors, MARS Associates.

In addition to the financial results, the company announced several corporate actions, including:

Appointment of Mrs. Mainka Sharma as an Additional Director (Non-Executive Independent) for a term of five years.
Reconstitution of various Board committees to include the new director.
Approval of related party transaction limits for the financial year 2026-2027.
Consideration of adding a new object clause to the Memorandum of Association related to warehousing and logistics business.

These actions suggest that Premier Polyfilm is looking to strengthen its governance structure and possibly diversify its business activities in the future.

While the company has shown resilience in its revenue growth, the decline in profitability may be a point of concern for investors. The management's focus on corporate governance and potential business expansion could be seen as positive steps towards long-term growth and stability.

Investors and stakeholders will likely keep a close eye on how Premier Polyfilm addresses the profitability challenges and capitalizes on its revenue growth in the coming quarters.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.10%	-2.72%	-9.17%	-28.44%	-36.10%	+525.80%

Premier Polyfilm Limited , a manufacturer of vinyl flooring, PVC sheeting, and other polymer products, held its 33rd Annual General Meeting (AGM) on September 24, 2025, where shareholders approved significant appointments and a dividend payout.

Key Appointments

The company announced two important executive appointments:

Ram Babu Verma was re-appointed as Executive Director for a 12-month term starting December 27, 2025. Verma, 62, brings over 36 years of executive experience to the role. He holds degrees in Science and Economics, along with a Master's in Social Work specializing in HR & IR.
Mayank Goenka, 27, was appointed as Whole-time Director, designated as 'Executive Director', for a three-year term from July 23, 2025, to July 22, 2028. Goenka, an engineering graduate from the University of Glasgow, has five years of project management experience. He is the son of Amitaabh Goenka, the company's Managing Director and CEO.

Secretarial Auditor Appointment

The shareholders also approved the appointment of M/s Sumit Bajaj & Associates as the company's Secretarial Auditor for five consecutive financial years from 2025-26 to 2029-30. The firm specializes in corporate laws, SEBI regulations, and compliance audits.

Dividend Declaration

Chairman Amitaabh Goenka proposed a final dividend of Rs. 0.15 per equity share with a face value of Rs. 1 each, representing a 15% dividend for the financial year 2024-2025. This proposal was put forward for shareholders' approval during the AGM.

AGM Proceedings

The AGM, conducted through video conferencing, saw the participation of 75 members. The meeting addressed various ordinary and special business items, including the adoption of financial statements, appointment of directors, and approval of remuneration for the Cost Auditor.

Premier Polyfilm Limited continues to strengthen its management team and corporate governance practices. The company, with its registered office in New Delhi and manufacturing facilities in Sahibabad, Ghaziabad, specializes in the production of vinyl flooring, PVC sheeting, PVC geomembranes, and PVC artificial leather.

The results of the e-voting on the resolutions are expected to be announced within two working days of the AGM's conclusion and will be made available on the company's website and stock exchange platforms.