🔍

Premier Synthetics Ltd (509835)

📊 BSE: 509835 🏢 Other Textile Products 📢 Latest filing: 12 Oct 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Premier Synthetics' revenue was ₹1.3 Cr (-58.4% year on year, -24.7% on the previous quarter), and net profit ₹0.2 Cr (+337.4% year on year); the operating margin was 1.7%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹1.3	-58.4%	-24.7%
Operating profit	₹0.0	—	-89.8%
Net profit	₹0.2	+337.4%	from loss
EPS (₹)	0.48	+336.4%	from loss
Operating margin	1.7%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Premier Synthetics: Reg 32 Statement of Deviation Not Applicable for Q2 FY27

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 12 Oct 2026, 01:17 PM

Premier Synthetics submitted its Statement of Deviation or Variation under Regulation 32(1) for the quarter ended September 30, 2026. The company confirmed that there has been no deviation in public issue proceeds and no change in share capital over the last 3 financial years. Consequently, Regulation 32 reporting requirements are not applicable to the company. This is a standard quarterly regulatory compliance submission.

No deviation or variation reported for the quarter ended 30th September, 2026
No change in share capital during the last 3 Financial Years
No buyback, sweat equity, bonus shares, public issues, rights issues, QIP, debentures, or ESOPs issued in the period

💡 Track the company's upcoming Q2 FY27 financial results for operational performance updates.

Premier Synthetics Shareholders Approve All Resolutions at 56th AGM, Including RPTs

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 29 Sep 2026, 05:00 PM

Premier Synthetics Ltd submitted the Scrutinizer's Report for its 56th Annual General Meeting held on September 28, 2026. All five resolutions were passed with the requisite majority, including the adoption of FY26 financials and appointment of statutory auditors. Notably, a special resolution approving related party transactions for FY27 was approved, with 1,059,870 votes cast by related parties classified as invalid.

All 5 resolutions passed at the 56th AGM held on September 28, 2026
Resolutions 1 to 4 approved with 1,659,762 valid votes in favour (99.68% via poll, 0.32% via remote e-voting)
Related Party Transactions for FY27 approved with 599,892 valid votes in favour
1,059,870 votes by related parties treated as invalid for Resolution No. 5

💡 Monitor upcoming quarterly financial filings (Q2 FY27) to assess operational turnaround, as the micro-cap company carries negative operating margins (-23.1% TTM).

Premier Synthetics Dispatches FY26 Annual Report; 56th AGM Convened for Sept 28, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 29 Aug 2026, 05:40 PM

Premier Synthetics Ltd has submitted its Annual Report for FY 2025-26 and issued notice for its 56th Annual General Meeting scheduled for September 28, 2026. Key agenda items include adoption of FY26 financial statements, declaration of preference share dividend, and the appointment of M/s. A H Mandaliya & Associates as statutory auditors for a 5-year term. The disclosures indicate nil capital commitments and nil contingent liabilities as of FY26 year-end. Full-year FY26 performance saw net profit margin drop to -3.13% from 9.58% in FY25.

56th Annual General Meeting scheduled to be held on September 28, 2026
Appointment of M/s. A H Mandaliya & Associates as Statutory Auditors proposed for a 5-year term
Reported capital commitments and contingent liabilities stand at NIL
Net Profit Ratio deteriorated to -3.13% in FY26 compared to 9.58% in FY25

💡 Track voting outcomes of the 56th AGM on September 28, 2026, and monitor subsequent Q2 FY27 earnings for signs of revenue and margin recovery.

Premier Synthetics to Convene 56th AGM on September 28, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 29 Aug 2026, 05:35 PM

Premier Synthetics Ltd has scheduled its 56th Annual General Meeting (AGM) for Monday, September 28, 2026, to approve its FY2025-26 audited financial statements. The company proposed appointing M/s. A H Mandaliya & Associates as statutory auditors for a 5-year term from the 56th to the 61st AGM. The agenda also includes approving related-party transactions for FY2026-27 with Premier Spintex Private Limited and declaring dividends on non-convertible non-cumulative redeemable preference shares. For FY26, the micro-cap company (market cap: ₹7 Cr) reported annual revenue of ₹11.17 Cr with a net loss of ₹0.42 Cr.

56th AGM scheduled on Monday, 28th September, 2026, at 11:00 AM at the registered office in Ahmedabad.
Proposed appointment of M/s. A H Mandaliya & Associates, Chartered Accountants, as Statutory Auditors for a 5-year term.
Shareholder approval sought for FY2026-27 related party transactions with M/s. Premier Spintex Private Limited.
Audited notes confirm capital commitments and contingent liabilities as NIL for the period ended March 31, 2026.

💡 Track voting results of the 56th AGM following September 28, 2026, particularly regarding the approval of related-party transactions and the appointment of the statutory auditor.

Premier Synthetics Board Approves FY 2025-26 Board's Report

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 27 Aug 2026, 02:31 PM

Premier Synthetics Limited announced the outcome of its Board of Directors meeting held on August 27, 2026. The Board considered and approved the Board Report for the financial year 2025-26 along with relevant annexures. The meeting was routine and concluded within 20 minutes from 02:00 PM to 02:20 PM IST, with no other material corporate actions disclosed.

Board meeting held on August 27, 2026, commenced at 02:00 PM and concluded at 02:20 PM IST (duration 20 minutes)
Approved the Annual Board Report for the financial year 2025-26 along with all relevant annexures
No dividend, fundraise, or expansion decisions were announced during the meeting

💡 Look out for the upcoming Annual General Meeting (AGM) notice and full FY26 Annual Report for operational commentary and management outlook.

Premier Synthetics Schedules Board Meeting on Aug 27 to Approve FY26 Board Report

🟡 NEUTRAL ⭐ 2/10

BOARD_MEETING 📅 20 Aug 2026, 12:24 PM

Premier Synthetics Ltd has scheduled a Board of Directors meeting on Thursday, August 27, 2026. The primary agenda is to consider and approve the Board's Report along with relevant annexures for the financial year 2025-26. This is a routine annual compliance procedure ahead of the company's Annual General Meeting.

Board of Directors meeting scheduled for Thursday, August 27, 2026.
Agenda includes consideration and approval of the Board Report for F. Y. 2025-26.
Filing submitted under Regulation 29 of SEBI (LODR) Regulations, 2015 on August 20, 2026.

💡 Track the subsequent release of the full Annual Report and details regarding the upcoming Annual General Meeting.

Premier Synthetics Appoints M/s. AH Mandaliya & Associates as Statutory Auditor for 5 Years

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 14 Aug 2026, 03:02 PM

Premier Synthetics Ltd has appointed M/s. AH Mandaliya & Associates as its Statutory Auditor for a five-year term, effective August 14, 2026. This appointment follows the retirement of the previous auditor, M/s. Purushottam Khandelwal & Co. The new firm brings over 8 years of experience in auditing, taxation, and GST compliance. The appointment is subject to shareholder approval at the upcoming Annual General Meeting. This is a standard regulatory procedure for a company with a market capitalization of Rs 7 Cr and TTM revenue of Rs 9 Cr.

Appointment of M/s. AH Mandaliya & Associates for a fixed term of 5 years.
The new auditing firm has over 8 years of experience in providing auditing and taxation services.
Replaces the retiring statutory auditor, M/s. Purushottam Khandelwal & Co. (FRN: 123825W).
Appointment was recommended by the Audit Committee and approved by the Board on August 14, 2026.

💡 Investors should look for the shareholder ratification of this appointment in the upcoming Annual General Meeting (AGM) notice and monitor for any audit qualifications in future filings.

Rs 0.22 Cr Net Profit: Premier Synthetics Reports Q1 FY27 Results, EPS at Rs 0.48

🟢 POSITIVE ⭐ 6/10

EARNINGS 📅 14 Aug 2026, 02:57 PM

Premier Synthetics reported a net profit of Rs 0.22 Cr for the quarter ended June 30, 2026, marking a turnaround from a loss of Rs 0.48 Cr in the preceding quarter. Total income declined by 33% year-on-year to Rs 2.18 Cr, down from Rs 3.27 Cr in Q1 FY26. The return to profitability was primarily driven by a significant 39% reduction in total expenses, which fell to Rs 1.96 Cr. For a micro-cap with a Rs 7 Cr market valuation, the quarterly profit is notable, though the shrinking revenue base warrants caution.

Net Profit reached Rs 21.87 Lakhs (Rs 0.22 Cr) compared to Rs 5.12 Lakhs in the same quarter last year.
Total Income stood at Rs 218.17 Lakhs (Rs 2.18 Cr), a 33.3% decline from Rs 327.17 Lakhs YoY.
Total Expenses were curtailed to Rs 196.30 Lakhs from Rs 322.84 Lakhs in the year-ago period.
Basic and Diluted EPS improved to Rs 0.48 from Rs 0.11 YoY.
The company continues to operate exclusively in the Trading of Textiles segment.

💡 Monitor if the company can stabilize its declining revenue trend in upcoming quarters, as current profitability is heavily dependent on cost-cutting rather than top-line growth.

Premier Synthetics Q1 FY27 EPS at Rs 0.48; Appoints New Statutory Auditor for 5 Years

🟢 POSITIVE ⭐ 6/10

EARNINGS 📅 14 Aug 2026, 02:51 PM

Premier Synthetics reported a return to profitability in Q1 FY27 with a basic EPS of Rs 0.48, improving from a loss of Rs 1.06 in the previous quarter (Mar 2026). The company also announced the appointment of M/s. A H Mandaliya & Associates as statutory auditors for a five-year term, replacing the retiring firm due to tenure expiry. Operating solely in textile trading, the company remains a micro-cap with a market capitalization of just Rs 7 Cr. Despite the quarterly profit, the company carries a debt of Rs 5 Cr, which is significant relative to its size.

Reported a positive Basic EPS of Rs 0.48 for the quarter ended June 30, 2026, vs Rs -1.06 in the previous quarter.
Appointed M/s. A H Mandaliya & Associates as Statutory Auditors for a 5-year term starting from the upcoming AGM.
Paid-up equity share capital remains at Rs 4.59 Cr with a face value of Rs 10 per share.
The company confirmed it operates in a single business segment: Trading of Textiles.
Other Equity (excluding revaluation reserves) stands at Rs 6.79 Cr as per the latest filing.

💡 Investors should monitor if the company can maintain this return to profitability in subsequent quarters, as historical earnings have been highly inconsistent.

Aug 14 Board Meeting to consider Q1 results and appoint new Statutory Auditor

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 05 Aug 2026, 02:13 PM

Premier Synthetics has scheduled a board meeting for August 14, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The company, which has a small market capitalization of Rs 7 Cr, reported a net loss of Rs 0.49 Cr in the most recent quarter (March 2026). The board will also address the resignation of the current Statutory Auditor due to the expiry of their tenure and recommend a new appointment to shareholders. The trading window for insiders has been closed since July 1, 2026.

Board meeting scheduled for August 14, 2026, to consider Q1 FY27 results.
Statutory Auditor to resign following the expiry of their official tenure.
Board to recommend a new Statutory Auditor for shareholder approval.
Trading window for insiders closed from July 1, 2026, until 48 hours post-results.

💡 Investors should monitor the August 14 results to see if the company can improve its operating profit margin, which stood at -19.4% for the trailing twelve months.

Premier Synthetics reports zero deviation in fund utilization for Q1 FY2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 13 Jul 2026, 12:50 PM

Premier Synthetics Ltd has filed its quarterly statement of deviation for the period ended June 30, 2026, as required under SEBI Regulation 32. The company confirmed there has been no deviation or variation in the use of proceeds from any public issues. Additionally, the management stated that no capital has been raised through public issues, rights issues, QIPs, or debentures in the last three financial years. As no funds were recently raised, the disclosure is technically a 'not applicable' filing for the quarter.

Confirmed zero deviation or variation in the use of public issue proceeds for the quarter ended June 30, 2026
No change in share capital reported for the last 3 financial years
Zero issuance of Bonus Shares, Sweat Equity, or ESOPs during the period
Company confirms no funds were raised via Public Issue, Right Issue, QIP, or Debentures in recent years

💡 Investors should focus on the upcoming quarterly financial results to evaluate operational performance, as the capital structure remains unchanged and no new growth capital has been raised.

View All 509835 Announcements on Live Market Tracking →