Integrated Filing — IndAS



General information about company
Scrip Code 500540
NSE Symbol PREMIER
MSEI Symbol NOTLISTED
ISIN INE342A01018
Name of company PREMIER LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 11-Aug-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 06-Aug-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment tENGINEERING
Start date and time of board meeting 11-Aug-2025   16:00:00
End date and time of board meeting 11-Aug-2025   17:30:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party?
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.
Whether the company is a high value debt listed entity according to regulation 15 (1A)?
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
The company is undergoing Corporate Insolvency Resolution Process vide the order of Honble NCLT Mumbai Bench dated 29012021



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 0
Other income 2780000
Total income 2780000
2 Expenses
(a) Cost of materials consumed 0
(b) Purchases of stock-in-trade 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0
(d) Employee benefit expense 0
(e) Finance costs 3293000
(f) Depreciation, depletion and amortisation expense 13417000
(f) Other Expenses
1 Rent 1144000 1144000
2 Insurance 50000 50000
3 Remuneration to Auditors 50000 50000
4 Professional & Legal Fees 3046000 3046000
5 Travelling and Conveyance 166000 166000
6 Other Expenses 973000 973000
Total other expenses 5429000
Total expenses 22139000
3 Total profit before exceptional items and tax -19359000
4 Exceptional items 0
5 Total profit before tax -19359000
6 Tax expense
7 Current tax 0
8 Deferred tax 0
9 Total tax expenses 0
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations -19359000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period -19359000
17 Other comprehensive income net of taxes 0
18 Total Comprehensive Income for the period -19359000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 303725000
Face value of equity share capital 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -0.64
Diluted earnings (loss) per share from continuing operations -0.64
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations -0.64
Diluted earnings (loss) per share from discontinued operations -0.64
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -1.28
Diluted earnings (loss) per share from continuing and discontinued operations -1.28
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1) The Company is undergoing Corporate Insolvency Resolution Process CIRP vide order no CP IB 1224MB2020 pronounced on 29th January2021 by The Honble National Company Law Tribunal NCLT Mumbai Bench under the provisions of the Insolvency and Bankruptcy Code 2016 the Code Pursuant to the order the management of affairs of the Company and powers of the Board of Directors of the Company are now vested with the Resolution Professional RP who is appointed by the Honble National Company Law Tribunal and reconfirmed by COC in first COC meeting As the powers of the Board of Directors are suspended since CIRP initiation and erstwhile Management has resigned these financial results have been prepared by the company and have been signed by the Resolution Professional Ms Kanak Jani IP Registration no IBBIIPA001IPP017572019202012685 These unaudited standalone financial results have been prepared in accordance with the Indian Accounting Standards Ind AS as specified under Section 133 of the Companies Act 2013 read with rule 3 of the Companies Indian Accounting Standards Rules 2015 as amended from time to time and the provisions of the Companies Act 2013 n n2) The Committee of Creditors COC in its 17th meeting held on 22nd January 2022 discussed the Resolution plans submitted by the seven prospective resolution applicants PRA and have approved the resolution plan submitted by Fab Metals Pvt Ltd with 9247 assent through evoting The same has already been disclosed to the Stock Exchanges on 26th January 2022 Accordingly the further approval from the Honable NCLT Mumbai Bench is in progress currently n n3) The Company is being managed as a going concern during the CIRP As mentioned in note no 2 above the CIRP period shall continue till the Resolution Plan accepted by the CoC is approved by Honable NCLT Mumbai Bench The future prospects of the Company would be determined on the completion of CIRP Therefore the financial results have been prepared on a going concern basis n n4) The manufacturing activities at Companys plant at Chakan remain suspended since 3rd March 2020 due to lack of working capital as reported during the previous quarters year end Further the operations remain affected due to the inability of the Company to function normally and continuing suspension of production post mid March 2020 n n5) There has been a delay in transferring unclaimed matured fixed deposits and interest thereon amounting to Rs 4655 lakhs to the Investor Education and Protection Fund IEPF in compliance with the provisions of section 125 of the Companies Act 2013 which was due for transfer as at 30th June 2025 However the entire amount is already funded by the Company and maintained in designated bank accounts We are in the process of transferring the said amount to the IEPF as per Section 125 of the Companies Act 2013 n n6) The above unaudited standalone financial results for the quarter ended 30th June 2025 are reviewed by the Statutory Auditor of the Company under regulation 33 of Securities and Exchange Board of India Listing obligation and disclosure requirements regulation 2015 as amended A qualified limited review report was issued by them thereon n n7) The figures of the quarter ended March 31 2025 as reported in these financial results are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the end of the third quarter of the relevant financial year n n8) Previous period year figures have been regrouped restated and or rearranged wherever necessary



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income