Premier Limited (PREMIER)
₹2.67 +2.30% last close, 16 Oct
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Premier's revenue was ₹0.0 Cr, and net profit ₹-1.8 Cr (a smaller loss than a year earlier).
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | — | — |
| Operating profit | ₹-0.5 | loss narrowed | loss widened |
| Net profit | ₹-1.8 | loss narrowed | loss widened |
| EPS (₹) | -0.58 | loss narrowed | — |
PREMIER exchange data
NSE end-of-day data for
It closed at a price band (circuit) on 8 sessions in about the last 20.
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Premier Limited, currently under Corporate Insolvency Resolution Process (CIRP), has submitted its compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate from RTA MUFG Intime India Private Limited confirms processing of dematerialisation requests for the quarter ended September 30, 2026. The filing is an administrative quarterly requirement signed by Resolution Professional Kanak Jani. It contains no updates on operational performance or resolution process developments.
- Compliance certificate filed for the quarter ended September 30, 2026
- Confirmation certificate issued by RTA MUFG Intime India Private Limited on October 03, 2026
- Filing submitted under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
- Signed by Resolution Professional Kanak Jani whose AFA is valid till December 31, 2026
Premier Limited, which is currently undergoing Corporate Insolvency Resolution Process (CIRP), announced the voting results of its 80th Annual General Meeting held on September 30, 2026. Both ordinary resolutions—the adoption of FY26 audited standalone/consolidated financial statements and the reappointment of retiring director Mrs. Rohita M. Doshi—were passed with over 99.99% votes in favor. A total of 83,14,727 votes were polled out of 3,03,72,570 outstanding shares (27.38% voter turnout). The company continues to have suspended operations with Rs 0 revenue and an eroded net worth of Rs -344 Cr.
- Adoption of FY26 audited accounts approved with 99.9959% votes cast in favor (83,14,382 votes)
- Re-appointment of Mrs. Rohita M. Doshi approved with 99.9928% votes in favor (83,14,231 votes)
- Total voter turnout stood at 27.38% (83,14,727 votes polled out of 3,03,72,570 shares)
- Institution participation was nil, while 17,06,768 votes abstained from the resolutions
- AGM conducted via video conferencing chaired by Resolution Professional Kanak Jani on September 30, 2026
Premier Limited (currently in CIRP) has announced the closure of its trading window starting October 01, 2026, pursuant to SEBI Insider Trading Regulations. The trading window will remain shut until 48 hours after the declaration of financial results for the quarter ended September 30, 2026. The intimation applies to promoters, directors, officers, designated persons, and their immediate relatives. The communication was issued by Resolution Professional Kanak Jani.
- Trading window closes on October 01, 2026
- Closure extends until 48 hours after the declaration of Q2 results for the quarter ended September 30, 2026
- Issued by Resolution Professional Kanak Jani under ongoing CIRP
Premier Limited held its 80th Annual General Meeting on September 30, 2026, conducted by the Resolution Professional Kanak Jani under Section 17 of the IBC. During the meeting, it was reiterated that the Committee of Creditors (CoC) has approved a Resolution Plan, which remains pending for final sanction before the NCLT Mumbai bench. The meeting transacted ordinary business, including the adoption of FY26 financial statements and director re-appointment. Operations remain completely halted with Rs 0 Cr TTM revenue and a deeply negative net worth of Rs -344 Cr.
- 80th AGM held on September 30, 2026, convened by Resolution Professional Kanak Jani under IBC Section 17
- Resolution Plan previously approved by CoC is currently pending approval before NCLT Mumbai Bench
- Meeting addressed the adoption of standalone and consolidated financial statements for the year ended March 31, 2026
- Voting results to be declared within 48 hours of meeting conclusion
Premier Limited, which is currently undergoing Corporate Insolvency Resolution Process (CIRP), has scheduled its 80th Annual General Meeting (AGM) for September 30, 2026. The Register of Members and Share Transfer Books will be closed from September 24 to September 30, 2026. The cut-off date to determine e-voting eligibility has been fixed as September 23, 2026, with remote e-voting open from September 26 to September 29, 2026.
- 80th Annual General Meeting scheduled for September 30, 2026 at 12:30 PM via VC/OAVM
- Book closure fixed from September 24, 2026 to September 30, 2026 (both days inclusive)
- Cut-off date for e-voting eligibility set for September 23, 2026
- Remote e-voting window active from September 26, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
Premier Limited (currently under Corporate Insolvency Resolution Process) has issued notice for its 80th Annual General Meeting scheduled for September 30, 2026, via video conferencing. The agenda includes the adoption of audited standalone and consolidated financial statements for FY26 and the re-appointment of a retiring director, Mrs. Rohita M. Doshi. The Board of Directors remains suspended under Section 17 of the IBC, with the meeting convened by the Resolution Professional. The cut-off date for remote e-voting is set as September 23, 2026.
- 80th AGM scheduled to be held on September 30, 2026 at 12:30 PM IST via VC/OAVM
- Cut-off date for voting entitlement set to September 23, 2026
- Register of Members and Share Transfer Books to remain closed from September 24 to September 30, 2026
- Board remains suspended pursuant to NCLT order dated January 29, 2021 initiating CIRP
Premier Limited (currently under Corporate Insolvency Resolution Process) has issued the notice for its 80th Annual General Meeting (AGM) to be held on September 30, 2026, via Video Conferencing. Key agenda items include the adoption of audited financial statements for the financial year ended March 31, 2026, and the procedural re-appointment of a retiring director. The company continues to have suspended board powers and zero operational revenue under the ongoing insolvency proceedings.
- 80th AGM scheduled for September 30, 2026 at 12:30 PM IST via Video Conferencing
- Cut-off date for remote e-voting fixed as September 23, 2026
- Register of Members and Share Transfer Books closed from September 24 to September 30, 2026
- Ordinary business includes adoption of FY26 standalone and consolidated financial statements and re-appointment of director Mrs. Rohita M. Doshi
Premier Limited reported a net loss of Rs 1.76 Cr for the quarter ended June 30, 2026, with zero revenue as manufacturing at its Chakan plant has been suspended since March 2020. The company remains under the Corporate Insolvency Resolution Process (CIRP), with its net worth completely eroded at approximately -Rs 344 Cr. While a resolution plan by Fab Metals Pvt. Ltd. was approved by the Committee of Creditors (CoC) with a 92.47% majority in January 2022, it still awaits final NCLT approval. Auditors have issued a qualified opinion due to the lack of asset impairment testing and the absence of a Company Secretary and Internal Auditor.
- Net loss of Rs 1.76 Cr reported for Q1 FY27, with revenue remaining at Rs 0.00 Cr.
- Operations at the Chakan plant have been suspended since March 3, 2020, due to a total lack of working capital.
- Resolution plan by Fab Metals Pvt. Ltd. received 92.47% CoC approval but remains pending before the NCLT Mumbai Bench.
- Net worth is completely eroded at -Rs 344 Cr, with total debt standing at Rs 175 Cr.
- Unclaimed matured fixed deposits and interest of Rs 46.55 lakhs are overdue for transfer to the IEPF.
Premier Limited, which is currently undergoing Corporate Insolvency Resolution Process (CIRP), has filed its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations for the period ended June 30, 2026. The filing confirms that the Registrar and Share Transfer Agent, MUFG Intime India, has processed dematerialization requests and updated the register of members within prescribed timelines. This is a standard administrative filing and does not reflect any change in the company's operational status. The company remains in a critical financial state with zero revenue and a negative net worth of ‡344 Cr.
- Compliance certificate issued for the quarter ended June 30, 2026
- Confirmation provided by Registrar MUFG Intime India Private Limited
- Company continues to operate under CIRP managed by a Resolution Professional
- Financial context shows TTM revenue of ‡0 Cr and a net loss of ‡6 Cr
- Net worth remains deeply negative at ‡-344 Cr with debt of ‡175 Cr
Premier Limited, currently under Corporate Insolvency Resolution Process (CIRP), has responded to NSE queries regarding its FY23 financial results, clarifying segment reporting and providing missing documentation. The company reported a consolidated net loss of Rs 13.65 Cr for FY23 on negligible revenue of Rs 0.35 Cr. Operations at its Chakan plant have been suspended since March 2020 due to a lack of working capital. A resolution plan by Fab Metals Pvt. Ltd., which received 92.47% creditor approval in January 2022, remains pending final NCLT sanction.
- Consolidated Net Loss for FY23 was Rs 13.65 Cr, an improvement from a loss of Rs 22.49 Cr in FY22
- Revenue from operations remained minimal at Rs 35 Lakhs for the full year ended March 31, 2023
- Resolution plan by Fab Metals Pvt. Ltd. was approved by the Committee of Creditors with 92.47% assent in Jan 2022
- Total borrowings (Current and Non-current) stood at approximately Rs 289.62 Cr as of March 31, 2023
- Net worth remains deeply negative at Rs -349.77 Cr as of the end of FY23
Premier Limited, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), has announced the closure of its trading window effective July 1, 2026. This action is taken in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the financial results for the quarter ending June 30, 2026. The trading restriction applies to all promoters, directors, and designated persons until 48 hours after the results are publicly disclosed. Investors should remain aware that the company's operations are currently managed by a Resolution Professional.
- Trading window closure starts on July 01, 2026, for the Q1 FY27 financial results.
- Restriction remains in place until 48 hours after the announcement of June 30, 2026, results.
- The company is currently under Corporate Insolvency Resolution Process (CIRP) as per IBBI regulations.
- The notice was issued by Resolution Professional Kanak Jani on June 26, 2026.
Premier Limited, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), reported a standalone net loss of ₹587 lakhs for the financial year ended March 31, 2026. The company's net worth has been completely eroded, leading to a qualified opinion from auditors regarding its ability to continue as a going concern. While a resolution plan has been approved by the Committee of Creditors (CoC), it is still awaiting final approval from the NCLT. Additionally, the company faces several regulatory lapses, including the failure to appoint a Company Secretary and an Internal Auditor.
- Reported a standalone net loss of ₹587 lakhs for the financial year ended March 31, 2026.
- Net worth is completely eroded, creating material uncertainty over the company's status as a going concern.
- Auditors issued a qualified opinion due to lack of impairment testing for tangible and intangible assets.
- A resolution plan has been approved by the CoC and is currently pending NCLT approval.
- Unclaimed matured fixed deposits and interest totaling ₹46.55 lakhs are yet to be transferred to the IEPF.
Premier Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations for the period ended March 31, 2026. The certificate, issued by Registrar and Share Transfer Agent MUFG Intime India Private Limited, confirms the processing of securities for dematerialization. The company is currently undergoing a Corporate Insolvency Resolution Process (CIRP), and its affairs are being managed by Resolution Professional Kanak Jani. This filing is a standard regulatory requirement and does not reflect any change in the company's financial health or insolvency status.
- Compliance certificate submitted for the quarter ended March 31, 2026
- Confirmation received from Registrar MUFG Intime India Private Limited (formerly Link Intime)
- Company remains under Corporate Insolvency Resolution Process (CIRP) as per IBC
- Filing confirms adherence to SEBI (Depositories and Participants) Regulations, 2018
Premier Limited, currently undergoing the Corporate Insolvency Resolution Process (CIRP), has provided clarifications to the NSE regarding its June 2024 quarter financial results. The company attributed a 7-minute filing delay to technical glitches and noted that its management office is minimally operational due to the insolvency process. It clarified that segment-wise reporting is not applicable as it operates solely in the Engineering sector. Additionally, the company confirmed it has no subsidiaries or joint ventures, explaining why standalone and consolidated figures are identical.
- Company has been under Corporate Insolvency Resolution Process (CIRP) since January 29, 2021.
- Reported a 7-minute delay in filing Q1 FY25 results due to technical issues and limited operational capacity.
- Operates exclusively in a single business segment, Engineering, making segment reporting non-applicable.
- Confirmed zero holding companies, subsidiaries, or joint ventures, resulting in identical standalone and consolidated data.
Premier Limited has announced the closure of its trading window effective April 1, 2026, in accordance with SEBI (Prohibition of Insider Trading) Regulations. This closure is in anticipation of the financial results for the quarter and year ending March 31, 2026. The restriction applies to all designated persons, including promoters and directors, and will remain in effect until 48 hours after the results are declared. Notably, the company is currently undergoing the Corporate Insolvency Resolution Process (CIRP).
- Trading window closure starts from April 1, 2026
- Closure pertains to the financial results for the quarter and year ended March 31, 2026
- Restriction ends 48 hours after the official announcement of financial results
- Company is currently managed by Resolution Professional Kanak Jani under CIRP
Financial Performance
Revenue Growth by Segment
Revenue from operations for all segments is INR 0.00 (0% growth) for Q2 FY26 and H1 FY26, as manufacturing activities remain completely suspended.
Geographic Revenue Split
Not applicable (0% contribution) as the company reported zero revenue from operations across all regions due to suspended business activities.
Profitability Margins
Profitability margins are not calculable due to zero revenue. The company reported a Net Loss of INR 2.36 Cr for H1 FY26, compared to a loss of INR 8.14 Cr for the full year FY25.
EBITDA Margin
EBITDA margin is negative; the company incurred a loss before tax of INR 2.36 Cr in H1 FY26 against total income (primarily other income) of INR 2.21 Cr.
Capital Expenditure
Historical and planned CAPEX is INR 0.00 Cr; the company has not assessed the impairment of its existing tangible assets or capital work-in-progress despite suspended operations.
Credit Rating & Borrowing
The company is in Corporate Insolvency Resolution Process (CIRP). Total current borrowings stand at INR 167.11 Cr, with additional other financial liabilities of INR 278.48 Cr.
Operational Drivers
Raw Materials
Not applicable (0% of total cost) as manufacturing operations for machine tools and automotive components are currently suspended.
Import Sources
Not disclosed in available documents due to the cessation of procurement activities during the CIRP.
Key Suppliers
Not disclosed; operations are suspended owing to a total lack of working capital to pay vendors.
Capacity Expansion
Current installed capacity is not utilized (0% utilization); there are no planned expansions as the company is managed by a Resolution Professional on a going concern basis during insolvency.
Raw Material Costs
Raw material costs were INR 0.00 (0% of revenue) for H1 FY26 due to the 100% suspension of production activities.
Manufacturing Efficiency
Manufacturing efficiency is 0% as all operations remain suspended during the half-year ended September 30, 2025.
Logistics & Distribution
Distribution costs are 0% of revenue as there were no sales of final products during the period.
Strategic Growth
Expected Growth Rate
0%
Growth Strategy
Growth is currently non-existent; any future recovery depends entirely on the successful approval of a resolution plan under the CIRP to infuse working capital and restart production of machine tools.
Products & Services
Historically manufactured CNC machine tools, heavy engineering equipment, and automotive components; currently zero output.
Brand Portfolio
PREMIER
New Products/Services
No new product launches; expected revenue contribution is 0% until the insolvency process is resolved.
Market Expansion
Market expansion plans are currently non-existent as the company focuses on legal resolution and insolvency proceedings.
Market Share & Ranking
Market share has effectively dropped to 0% in the machine tool and automotive segments due to suspended operations.
Strategic Alliances
None active; the company is under a moratorium as per Section 14 of the Insolvency and Bankruptcy Code.
External Factors
Industry Trends
The machine tool industry is moving toward Industry 4.0 and high-end CNC machines, but Premier is currently unable to participate, leading to a loss of competitive positioning.
Competitive Landscape
Competitors are gaining market share while Premier's operations remain suspended due to insolvency.
Competitive Moat
The company's moat has been completely eroded; net worth is negative INR 340.28 Cr, and operations are 100% suspended, removing any brand or cost leadership advantage.
Macro Economic Sensitivity
Highly sensitive to the legal and regulatory environment of the Insolvency and Bankruptcy Code (IBC), which dictates the company's survival.
Consumer Behavior
Demand for machine tools remains, but customers have shifted to reliable suppliers due to Premier's inability to fulfill orders.
Geopolitical Risks
Geopolitical risks are secondary to the internal financial crisis and insolvency proceedings currently halting all trade.
Regulatory & Governance
Industry Regulations
Operations are governed by the Insolvency and Bankruptcy Code (IBC) and the orders of the National Company Law Tribunal (NCLT).
Environmental Compliance
Not disclosed; compliance costs are likely minimal while the factory is inactive.
Taxation Policy Impact
Tax rate is 0% for the period as the company incurred significant losses; no provision for current tax was made.
Legal Contingencies
The company is in the Corporate Insolvency Resolution Process (CIRP). Net worth is completely eroded with a total equity of negative INR 340.28 Cr as of September 30, 2025.
Risk Analysis
Key Uncertainties
Significant doubt exists regarding the entity's ability to continue as a going concern (100% risk factor) due to eroded net worth and suspended operations.
Geographic Concentration Risk
100% of assets and the registered office are concentrated in Pune, Maharashtra (Chakan Industrial Area).
Third Party Dependencies
High dependency on the successful outcome of the CIRP and the selection of a resolution applicant to provide working capital.
Technology Obsolescence Risk
High risk of technology obsolescence as manufacturing equipment and product designs remain idle while the industry evolves.
Credit & Counterparty Risk
Receivables quality is a concern; trade receivables stood at INR 7.49 Lakhs, reflecting minimal active credit exposure.