Premier Polyfilm Appoints New Director, Approves Q2 Results, and Plans Business Expansion

1 min read     Updated on 11 Nov 2025, 01:47 AM
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Radhika SahaniScanX News Team
Overview

Premier Polyfilm Limited announced key decisions following its board meeting on November 10, 2025. Mrs. Mainka Sharma was appointed as an Additional Non-Executive Independent Director. The company reported Q2 FY2026 revenue of ₹8,317.00 lakhs, an 11.73% increase from Q1, with net profit rising 33.50% to ₹801.00 lakhs. The board approved plans to diversify into warehousing and logistics, subject to shareholder approval. Other decisions include setting related party transaction limits and adopting a new Related-Party Transactions Policy.

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*this image is generated using AI for illustrative purposes only.

Premier Polyfilm Limited , a manufacturer of vinyl flooring, PVC sheeting, PVC geomembranes, and PVC artificial leather, has announced several key decisions following its board meeting on November 10, 2025. The company has made significant moves in corporate governance, financial performance, and strategic expansion.

Board Appointment and Committee Restructuring

The board has appointed Mrs. Mainka Sharma as an Additional Non-Executive Independent Director for a five-year term, subject to shareholder approval. Mrs. Sharma, 47, brings over two decades of experience in Investment Advisory and Portfolio Management to the role. Her appointment has led to the reconstitution of various board committees, including the Audit, Nomination & Remuneration, and Stakeholders Relationship committees.

Financial Performance

The company's unaudited financial results for Q2 and H1 of FY2026 show steady performance:

Particulars (in ₹ Lakhs) Q2 FY2026 Q1 FY2026 H1 FY2026
Revenue from Operations 8,317.00 7,444.00 15,761.00
Total Income 8,413.00 7,497.00 15,910.00
Total Expenses 7,313.00 6,673.00 13,986.00
Profit Before Tax 1,100.00 824.00 1,924.00
Net Profit 801.00 600.00 1,401.00

The company's Q2 FY2026 revenue from operations stood at ₹8,317.00 lakhs, showing an 11.73% increase from the previous quarter. The net profit for Q2 FY2026 was ₹801.00 lakhs, a 33.50% rise compared to Q1 FY2026.

Strategic Expansion

In a significant move, Premier Polyfilm plans to diversify its business activities. The board has approved the addition of warehousing and logistics to its main object clause in the Memorandum of Association. This decision, subject to shareholder approval, signals the company's intent to expand into the logistics sector, potentially opening new revenue streams.

Other Key Decisions

The board has also approved:

  • Related party transaction limits for the financial year 2026-2027
  • A proposal to seek shareholder approval for key decisions through postal ballot
  • A new Related-Party Transactions Policy in line with updated SEBI regulations

These decisions reflect Premier Polyfilm's focus on corporate governance and strategic growth. The company's move to diversify into warehousing and logistics, coupled with its steady financial performance, may position it for potential growth in the coming years.

Shareholders and investors will be watching closely as the company seeks approval for these significant changes and implements its expansion plans.

Historical Stock Returns for Premier Polyfilm

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

2 min read     Updated on 10 Nov 2025, 06:14 PM
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Reviewed by
Jubin VergheseScanX News Team
Overview

Premier Polyfilm Limited reported revenue from operations of ₹7,729.56 lakhs for Q2 FY2026, with total income at ₹8,413.00 lakhs. Despite revenue growth, profitability declined with EPS at ₹0.76, down from ₹3.75 in Q2 FY2025. Half-year total income reached ₹15,910.00 lakhs. The company maintains a strong financial position with total equity of ₹13,200.00 lakhs against total assets of ₹17,031.00 lakhs. The Board approved several corporate actions, including appointing a new director and considering business expansion into warehousing and logistics.

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*this image is generated using AI for illustrative purposes only.

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:

  1. Appointment of Mrs. Mainka Sharma as an Additional Director (Non-Executive Independent) for a term of five years.
  2. Reconstitution of various Board committees to include the new director.
  3. Approval of related party transaction limits for the financial year 2026-2027.
  4. 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.

Historical Stock Returns for Premier Polyfilm

1 Day5 Days1 Month6 Months1 Year5 Years
+0.10%-2.72%-9.17%-28.44%-36.10%+525.80%
Premier Polyfilm
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