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Premco Global Ltd (530331)

📊 NSE: 530331 🏢 Other Textile Products 📅 Last Updated: 11/13/2025 15:25

📢 Recent Corporate Announcements

Premco Global Recommends Rs 2 Final Dividend; 42nd AGM Set for Sept 02, 2026

🟡 NEUTRAL ⭐ 4/10

ROUTINE 📅 07 Aug 2026, 11:01 AM

Premco Global has released its FY2025-26 Annual Report and scheduled its 42nd AGM for September 02, 2026. The company recommended a final dividend of Rs 2 per share, adding to interim and special dividends paid during the year. Financially, FY26 consolidated revenue declined 14.4% to Rs 93.68 Cr from Rs 109.48 Cr in FY25, while net profit fell to Rs 5.99 Cr. Despite lower revenue, the company maintained a strong liquidity position with cash and cash equivalents of Rs 25.12 Cr, representing nearly 20% of its current market capitalization.

Final dividend of Rs 2 per equity share (20% of face value) recommended for FY26.
Consolidated revenue for FY26 reported at Rs 93.68 Cr, a decline from Rs 109.48 Cr in FY25.
Cash and cash equivalents stood at Rs 25.12 Cr as of March 31, 2026, up from Rs 20.86 Cr YoY.
Consolidated asset turnover ratio improved to 84.81% from 75.62% in the previous year.
Total consolidated financial liabilities reached Rs 24.87 Cr, including lease liabilities of Rs 14.33 Cr.

💡 Investors should monitor the AGM on September 02, 2026, for management's outlook on recovering the 14% revenue decline and updates on the Vietnam subsidiary's capacity utilization.

‑2 Final Dividend Proposed; Premco Global Schedules 42nd AGM for September 02, 2026

🟡 NEUTRAL ⭐ 5/10

DIVIDEND 📅 07 Aug 2026, 10:54 AM

Premco Global has scheduled its 42nd Annual General Meeting (AGM) for September 02, 2026, and proposed a final dividend of ‑2 per share (20% of face value). The company reported a consolidated revenue of ‑93.68 Cr for FY26, a 14.4% decline from ‑109.48 Cr in FY25. Despite the revenue drop, the balance sheet remains strong with cash and equivalents of ‑25.12 Cr and low borrowings of ‑3.55 Cr. The meeting will be held virtually to adopt financial statements and re-appoint retiring directors.

Proposed final dividend of ‑2 per equity share for the financial year ended March 31, 2026
Cash and cash equivalents stood at ‑25.12 Cr as of March 31, 2026, up from ‑20.85 Cr YoY
Total consolidated borrowings reduced to ‑3.55 Cr from ‑4.76 Cr in the previous year
FY26 consolidated revenue reported at ‑93.68 Cr with an Operating Profit Margin of 9.97%
AGM scheduled for September 02, 2026, at 03:00 P.M. IST via Video Conferencing

💡 Monitor the AGM for management commentary regarding the 14.4% revenue decline in FY26 and the execution timeline for expansion into Europe and Bangladesh.

Rs 2 Interim Dividend Declared; Q1 Net Profit Drops to Rs 0.02 Cr from Rs 3.62 Cr YoY

🔴 NEGATIVE ⭐ 7/10

DIVIDEND 📅 05 Aug 2026, 07:16 PM

Premco Global has declared a 1st Interim Dividend of Rs 2 per share (20% of face value) for FY 2026-27, with a record date of August 14, 2026. However, the company reported a weak Q1 FY27 performance, with consolidated revenue falling 33.7% YoY to Rs 19.67 Cr. Net profit plummeted to a near-breakeven Rs 1.94 lakhs, down from Rs 3.62 Cr in the same quarter last year. Additionally, the board approved the sale of a property in Andheri, Mumbai, to potentially shore up liquidity.

1st Interim Dividend of Rs 2 per equity share approved for FY 2026-27
Q1 FY27 consolidated revenue declined to Rs 19.67 Cr from Rs 29.68 Cr YoY
Consolidated Net Profit fell sharply to Rs 1.94 lakhs from Rs 361.89 lakhs YoY
Vietnam subsidiary contributed a profit of Rs 125.20 lakhs on income of Rs 11.75 Cr
Record date for dividend entitlement fixed as August 14, 2026

💡 Investors should monitor the recovery of the standalone Indian operations, which appear to be dragging down the profitable Vietnam subsidiary. Watch for the financial impact and utilization of proceeds from the approved sale of the Andheri property.

Premco Global Q1 Net Profit Plunges to ₹1.94 Lakhs; Board Approves ₹2 Dividend & Property Sale

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 05 Aug 2026, 06:41 PM

Premco Global reported a weak Q1 FY27 with consolidated revenue declining 33.7% YoY to ₹19.67 Cr. Net profit saw a near-total wipeout, falling to ₹1.94 Lakhs from ₹3.62 Cr in the same quarter last year, primarily due to losses in standalone Indian operations. Despite the poor performance, the board declared a ₹2 per share interim dividend and approved the sale of a property in Andheri, Mumbai. The Vietnam subsidiary remains the sole profit driver, contributing ₹1.25 Cr in PAT for the quarter.

Consolidated Revenue for Q1 FY27 fell to ₹19.67 Cr from ₹29.68 Cr in Q1 FY26.
Net Profit plummeted to ₹1.94 Lakhs, a 99.5% decline from ₹3.62 Cr YoY.
Board declared a 20% interim dividend of ₹2 per equity share with a record date of August 14, 2026.
Vietnam subsidiary reported a net profit of ₹1.25 Cr, offsetting standalone losses.
Approved the sale of property at Unit No-8, Marol Udyog Premises, Andheri (E), Mumbai.

💡 Investors should monitor the realization value of the Mumbai property sale and watch for any recovery in the standalone Indian business, which is currently weighing down the consolidated performance.

₹2 Interim Dividend Declared; Premco Global Q1 Revenue Falls 33.7% YoY

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 05 Aug 2026, 06:37 PM

Premco Global reported a weak Q1 FY27 with consolidated revenue declining 33.7% YoY to ₹19.67 cr compared to ₹29.68 cr in Q1 FY26. Net profit saw a sharp contraction to just ₹0.02 cr (₹1.94 lakhs) from ₹3.62 cr in the year-ago period. Despite the earnings pressure, the board declared a ₹2 per share interim dividend and confirmed a ₹2 per share final dividend for FY26. A significant portion of performance was driven by the Vietnam subsidiary, which contributed ₹11.75 cr to revenue and ₹1.25 cr to net profit.

Consolidated Revenue for Q1 FY27 fell to ₹19.67 cr from ₹29.68 cr YoY
Net Profit plummeted to ₹0.02 cr compared to ₹3.62 cr in the same quarter last year
Interim Dividend of ₹2 per share (20% on FV ₹10) declared for FY27
Vietnam subsidiary contributed ₹11.75 cr in revenue, representing ~60% of consolidated turnover
Board approved the sale of property at Marol Udyog Premises, Mumbai

💡 Investors should monitor the recovery of the standalone Indian operations, which appear to be underperforming compared to the Vietnam subsidiary. Watch for the completion of the Mumbai property sale and its impact on the company's cash reserves.

Rs 2 Dividend declared despite Premco Global Q1 PAT falling to Rs 1.94 Lakhs

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 05 Aug 2026, 06:31 PM

Premco Global reported a weak Q1 FY27 with consolidated revenue falling 33.7% YoY to Rs 19.67 Cr and PAT dropping to just Rs 1.94 Lakhs from Rs 3.62 Cr. The results highlight a stark contrast between the Vietnam subsidiary, which contributed a profit of Rs 1.25 Cr, and the loss-making standalone Indian operations. Despite the earnings slump, the board declared a Rs 2 per share interim dividend for FY27 and confirmed the record date for the FY26 final dividend (Rs 2 per share) as August 26, 2026. Additionally, the company approved the sale of its property in Marol, Mumbai, to potentially improve liquidity.

Consolidated Revenue for Q1 FY27 fell 33.7% YoY to Rs 19.67 Cr compared to Rs 29.68 Cr in Q1 FY26
Consolidated Net Profit plummeted to Rs 1.94 Lakhs from Rs 3.62 Cr in the corresponding quarter last year
Vietnam subsidiary outperformed the parent with a net profit of Rs 1.25 Cr on revenue of Rs 11.75 Cr
Board declared a 1st Interim Dividend of Rs 2 per share (20%) for FY27 with a record date of August 14, 2026
Approved the sale of property at Unit No-8, Marol Udyog Premises, Andheri (E), Mumbai

💡 Investors should monitor the recovery of standalone Indian operations and the timeline for the property sale, which may provide a one-time liquidity boost to offset current operational losses.

Rs 2 Interim Dividend Declared; Q1 FY27 Net Profit Drops 99.5% YoY to Rs 0.02 Cr

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 05 Aug 2026, 06:22 PM

Premco Global reported a severe decline in Q1 FY27 performance, with consolidated revenue falling 33.7% YoY to Rs 19.67 Cr. Net profit plummeted to just Rs 0.02 Cr from Rs 3.62 Cr in the previous year's quarter, primarily due to losses in the standalone Indian operations. Despite the weak earnings, the board declared a first interim dividend of Rs 2 per share for FY27 and approved the sale of a property in Andheri, Mumbai. The Vietnam subsidiary remains the sole profit driver, contributing Rs 1.25 Cr in PAT, which offset standalone losses.

Consolidated Revenue for Q1 FY27 fell 33.7% YoY to Rs 19.67 Cr from Rs 29.68 Cr.
Consolidated Net Profit collapsed by 99.5% YoY to Rs 0.02 Cr (Rs 1.94 Lakhs) from Rs 3.62 Cr.
Vietnam subsidiary reported a profit of Rs 1.25 Cr, implying the standalone India business incurred a net loss of approximately Rs 1.23 Cr.
Board declared a 1st Interim Dividend of Rs 2 per share (20%) for FY27 with a record date of August 14, 2026.
Approved the sale of company property located at Marol Udyog Premises, Andheri (East), Mumbai.

💡 Investors should monitor the recovery of the standalone Indian operations and the utilization of proceeds from the Mumbai property sale. The sharp margin contraction in the domestic business is a significant concern despite the steady performance in Vietnam.

Rs 2 Interim Dividend Declared Despite 54% YoY Revenue Drop and Q1 Loss

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 05 Aug 2026, 06:12 PM

Premco Global reported a weak set of standalone results for Q1 FY27, with revenue plunging 54.4% YoY to ₹8.56 cr from ₹18.80 cr. The company swung to a total comprehensive loss of ₹1.38 cr, compared to a profit of ₹1.69 cr in the same quarter last year. Despite the operational downturn, the board approved a first interim dividend of ₹2 per share (20% of face value) for FY27. Additionally, the company is divesting a non-core commercial property in Mumbai, expected to close by September 30, 2026.

Standalone revenue for Q1 FY27 fell to ₹8.56 cr, a 54.4% decline from ₹18.80 cr in Q1 FY26
Reported a Total Comprehensive Loss of ₹1.38 cr for the quarter versus a profit of ₹1.69 cr YoY
Approved 1st Interim Dividend of ₹2 per share for FY27 with a record date of August 14, 2026
Fixed August 26, 2026, as the record date for a previously proposed ₹2 per share Final Dividend for FY26
Approved the sale of a commercial unit in Andheri, Mumbai, which contributed 0% to the company's revenue

💡 Investors should monitor the upcoming AGM on September 2, 2026, for management commentary regarding the sharp revenue contraction and the progress of capacity utilization in the Vietnam plant.

Premco Global Q1 Net Profit Plummets to Rs 1.94 Lakhs; Rs 2 Interim Dividend Declared

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 05 Aug 2026, 06:03 PM

Premco Global reported a weak set of results for Q1 FY27, with consolidated revenue declining 33.7% YoY to Rs 19.67 Cr. Net profit saw a massive contraction, falling to just Rs 1.94 Lakhs from Rs 3.62 Cr in the same period last year. A critical observation is that the Vietnam subsidiary generated a net profit of Rs 1.25 Cr, indicating that the standalone Indian operations are currently loss-making. Despite the earnings slump, the board declared a first interim dividend of Rs 2 per share and approved the sale of a property in Mumbai.

Consolidated Revenue from operations fell 33.7% YoY to Rs 19.67 Cr from Rs 29.68 Cr.
Consolidated Net Profit dropped 99.5% YoY to Rs 1.94 Lakhs from Rs 3.62 Cr.
Vietnam subsidiary outperformed the group with a net profit of Rs 1.25 Cr on income of Rs 11.75 Cr.
First interim dividend of Rs 2 per share (20% of face value) declared with a record date of August 14, 2026.
Board approved the sale of property at Unit No-8, Marol Udyog Premises, Andheri (E), Mumbai.

💡 Monitor the turnaround of the Indian standalone operations and the execution of the Mumbai property sale. The company's reliance on its Vietnam hub is increasing as domestic operations face significant margin pressure.

Rs 2 Dividend Declared; Q1 Revenue Drops 34% YoY to Rs 19.67 Cr

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 05 Aug 2026, 05:52 PM

Premco Global reported a weak set of results for Q1 FY27, with consolidated revenue from operations declining 33.7% YoY to Rs 19.67 cr. Profitability was severely impacted, with Net Profit collapsing to just Rs 0.02 cr compared to Rs 3.62 cr in the same quarter last year. Despite the earnings slump, the board declared a 1st interim dividend of Rs 2 per share (Record Date: Aug 14, 2026). The company also approved the sale of its property in Andheri, Mumbai, likely to bolster liquidity.

Revenue from operations fell 33.7% YoY to Rs 19.67 cr from Rs 29.68 cr.
Net Profit plummeted by over 99% YoY to Rs 0.02 cr from Rs 3.62 cr.
Declared a 1st interim dividend of Rs 2 per equity share for FY 2026-27.
Vietnam subsidiary contributed Rs 11.75 cr to total income, accounting for ~56% of consolidated income.
Approved the sale of property at Marol Udyog Premises, Andheri (E), Mumbai.

💡 Investors should monitor the recovery of margins in the Vietnam operations and the final realization value from the Mumbai property sale to offset the current earnings weakness.

Premco Global Board to Consider Q1 Results and 1st Interim Dividend on August 05, 2026

🟡 NEUTRAL ⭐ 4/10

BOARD_MEETING 📅 29 Jul 2026, 01:30 PM

Premco Global has scheduled a board meeting on August 05, 2026, to approve its un-audited financial results for the quarter ended June 30, 2026. Crucially, the board will also consider declaring the 1st interim dividend for the financial year 2026-2027. This comes after a weak Q4 FY26 where the company reported a net loss of ‡1.05 crore. Investors will be watching for a recovery in operating margins, which compressed to 10% TTM from 14.2% in FY25.

Board meeting scheduled for August 05, 2026, to review Q1 FY27 performance.
Consideration of the 1st Interim Dividend for the current financial year 2026-2027.
Trading window for insiders has been closed since July 01, 2026.
Company reported a TTM revenue of ‡94 crore and a TTM PAT of ‡6 crore.
Market capitalization stands at a modest ‡123 crore with a P/E of 20.6.

💡 Monitor the August 5th announcement for the dividend amount and whether the company has returned to profitability after the ‡1.05 crore loss in the previous quarter.

Aug 05 Board Meeting to Approve Q1 Results and Consider 1st Interim Dividend

🟡 NEUTRAL ⭐ 4/10

BOARD_MEETING 📅 29 Jul 2026, 01:29 PM

Premco Global has scheduled a board meeting on August 05, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The board will also consider declaring the first interim dividend for the financial year 2026-27. This meeting is critical as the company seeks to recover from a net loss of ‹1.05 Cr reported in the March 2026 quarter. Investors will be monitoring if the company can arrest the declining revenue trend, which fell from ‹29.68 Cr in June 2025 to ‹21.41 Cr in March 2026.

Board meeting scheduled for August 05, 2026, to approve Q1 FY27 results.
Consideration of the 1st Interim Dividend for the financial year 2026-2027.
Trading window for insiders has been closed since July 01, 2026.
Company reported a TTM revenue of ‹94 Cr and a TTM PAT of ‹6 Cr.
The meeting will address both standalone and consolidated financial results.

💡 Watch for the Q1 results on August 05 to see if margins improve from the 10% OPM level and if the company returns to profitability after the previous quarter's loss.

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💰 Financial Performance

Revenue Growth by Segment

The company operates in a single segment: Manufacturing of Woven & Knitted Elastic Tapes. Consolidated total revenue grew 9.78% YoY to INR 113.31 Cr, while standalone revenue grew 17.59% YoY to INR 79.28 Cr.

Geographic Revenue Split

The company operates in India and Vietnam. Standalone (India) revenue of INR 79.28 Cr accounts for approximately 70% of consolidated revenue, with the remaining 30% (INR 34.03 Cr) attributed to Vietnam and international operations.

Profitability Margins

Consolidated PAT margin was 8.69% (down from 10.42% YoY). Standalone PAT margin improved significantly to 20.87% from 9.13% YoY, largely driven by a 307% increase in Other Income to INR 15.46 Cr.

EBITDA Margin

Consolidated EBITDA margin stood at 17.69%, a decrease from 20.69% in the previous year. Standalone EBITDA margin improved to 27.06% from 16.35% YoY.

Capital Expenditure

Historical and planned Capex figures are not explicitly disclosed in INR Cr, but the company is focused on maximizing capacity utilization in existing India and Vietnam plants.

Credit Rating & Borrowing

The company maintains high financial stability with a consolidated Total Debt/Equity ratio of 0.10x and an interest coverage ratio of 5.46x. Standalone interest coverage is even stronger at 20.26x.

⚙️ Operational Drivers

Raw Materials

Not disclosed in available documents, though the business involves manufacturing woven and knitted elastic tapes.

Capacity Expansion

The company aims to maximize capacity utilization in its India and Vietnam plants. Vietnam is highlighted as a large global textile hub and a rapidly growing textile exporter.

Raw Material Costs

Consolidated total expenses were INR 93.95 Cr, representing 82.9% of total revenue. Standalone expenses were INR 62.02 Cr (78.2% of standalone revenue).

Manufacturing Efficiency

Consolidated asset turnover is 84.81% (up from 75.62% YoY). Standalone asset turnover is 69.41% (down from 72.51% YoY).

📈 Strategic Growth

Expected Growth Rate

20%

Growth Strategy

Growth will be achieved by entering new markets like Europe and Bangladesh, introducing new products, and maximizing capacity utilization in India and Vietnam. The company leverages its R&D and sampling teams to meet evolving fashion trends.

Products & Services

Woven & Knitted Elastic Tapes.

Brand Portfolio

Premco Global.

New Products/Services

The company is innovating and expanding its product mix to secure new global customers.

Market Expansion

Targeting expansion into Europe and Bangladesh to maximize capacity utilization.

🌍 External Factors

Industry Trends

The Technical Textile sector in India is expected to grow at 20% p.a. over the next five years. Vietnam is emerging as a major global textile hub.

Competitive Landscape

Expects enhanced competition as India becomes one of the largest global markets in the coming decades.

Competitive Moat

Sustainable advantages include a geographical hub in Vietnam, R&D capabilities for fashion designs, and a strong financial position with a low debt/equity ratio of 0.10x.

Macro Economic Sensitivity

Highly sensitive to global recessionary pressures and US trade policies (tariffs) which affect global trading patterns.

Consumer Behavior

Increasing fashion consciousness and higher disposable incomes are driving demand for brand-savvy apparel products.

Geopolitical Risks

Israel and Russian aggression on Gaza and Ukraine territories are cited as factors making global economies cautious and affecting trade demand.

⚖️ Regulatory & Governance

Industry Regulations

Compliance with government safety norms for manufacturing units and technical textile standards.

Environmental Compliance

Not disclosed in INR, but the company ensures all plants comply with government safety and environmental norms.

Taxation Policy Impact

Consolidated current tax provision was INR 1.94 Cr on a PBT of INR 10.98 Cr, representing an effective tax rate of approximately 17.6%.

Legal Contingencies

The company received 6 shareholder complaints during the year, all of which were resolved. No other pending court cases or case values are disclosed.

⚠️ Risk Analysis

Key Uncertainties

US Tariffs and geopolitical instability (Gaza/Ukraine) could impact export demand by an unspecified percentage. Foreign currency risk is a key concern for Vietnam operations.