Key Financial Figures - Standalone (FY26)
- Total Revenue: ₹43,048.63 lakhs
- Profit Before Tax: ₹6,043.17 lakhs
- Profit After Tax: ₹4,582.51 lakhs
- Total Comprehensive Income: ₹4,596.87 lakhs
- Basic EPS: ₹8.52 per share
- Dividend Recommended: ₹0.50 per share (25% on face value of ₹2)
Key Financial Figures - Standalone (Q4 FY26)
- Total Revenue: ₹10,196.12 lakhs
- Profit Before Tax: ₹882.42 lakhs
- Profit After Tax: ₹659.55 lakhs
- Basic EPS: ₹1.23 per share
Key Financial Figures - Consolidated (FY26)
- Total Comprehensive Income: ₹4,595.91 lakhs
- Profit After Tax Attributable to Shareholders: ₹4,581.34 lakhs
- Basic EPS: ₹8.52 per share
Key Financial Figures - Consolidated (Q4 FY26)
- Profit After Tax Attributable to Shareholders: ₹657.97 lakhs
- Basic EPS: ₹1.22 per share
Dividend Declaration
Board recommended final dividend of ₹0.50 per equity share (25%) for FY26, subject to approval at the 46th Annual General Meeting. Dividend payment will be made within 30 days of approval. Record date and AGM date to be communicated later.
Significant Events
Manufacturing Facility Accident
During FY26, an accident occurred at the company's manufacturing facility resulting in damage to plant, machinery and buildings aggregating ₹709.80 lakhs. The company has recognized insurance claim receivable of ₹609.80 lakhs and charged ₹100 lakhs to Profit & Loss. The insurance claim remains pending settlement as of March 31, 2026.
Exceptional Items
FY26 includes ex-gratia compensation of ₹520 lakhs (₹400 lakhs in Q1, ₹120 lakhs in Q2) extended to employees affected by the accident.
Other Income Components
FY26 other income includes:
- Purchase discounts of ₹3,417.80 lakhs from commercial settlement with supplier (₹2,246.39 lakhs in Q2, ₹1,171.41 lakhs in Q4)
- Reversal of ₹500 lakhs provision for expected loss on long-term contracts made in FY25
Labour Codes Implementation
The Government of India consolidated 29 labour legislations into four labour codes effective from November 21, 2025. The company assessed the impact as not material based on available information. Final impact will be evaluated once Central/State Rules are notified.
Auditor Reports
Statutory Auditors M/s. Majeti & Co. issued unmodified audit opinions on both standalone and consolidated financial results for FY26. Audit reports dated May 29, 2026.
Capital Structure
Paid-up equity share capital remains unchanged at ₹1,075.22 lakhs (face value ₹2 per share).
Subsidiaries and Joint Ventures
Consolidated results include:
- Premier Wire Products Limited (Subsidiary)
- PELNEXT Defence Systems Private Limited (Subsidiary)
- Premier Global Limited (Joint Venture) - Share of loss ₹1.21 lakhs for FY26
Cash Flow Highlights (Standalone FY26)
- Net cash used in operating activities: ₹144.14 lakhs
- Net cash used in investing activities: ₹2,666.37 lakhs
- Net cash used in financing activities: ₹1,441.52 lakhs
- Closing cash and cash equivalents: ₹5,057.21 lakhs
Board Meeting Details
Meeting held on May 29, 2026 from 12:00 PM to 4:00 PM. Results approved by Audit Committee and Board of Directors.