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Premier

₹4.1 0 | 0%

Market Cap ₹12 Cr.

Stock P/E -1.1

P/B -0

Current Price ₹4.1

Book Value ₹ -108

Face Value 10

52W High ₹4.5

Dividend Yield 0%

52W Low ₹ 1.9

Premier Research see more...

Overview Inc. Year: 1944Industry: Engineering - Industrial Equipments

Premier Ltd is engaged in offering machine device, elements and add-ons, and materialised structural merchandise of iron or metal. The Company operates through two segments: Engineering and Automotive. The Engineering section is engaged in engineering, production of system gear of tools reducing, vertical and horizontal machining centre and unique purpose machines. It is also engaged in imparting specialised engineering solution for numerous packages, machining of precision components, sub-assemblies. The Engineering segment consists of manufacture of CNC Machines and mechanical additives for the wind strength and infrastructure sectors, and expert and associated engineering services. The Automotive segment is engaged inside the meeting of vehicles from imported painted bodies. It is engaged in manufacture of light and sport application cars in conjunction with related spare elements, in addition to car additives for other original device producers (OEMs).

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Premier Share Price

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Price

Quarterly Price

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Premier Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 0 0 0 0 0 0 0 0 0 0
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 0 0 0 0 0 0 0 0 0 0
Total Expenditure 8 1 1 0 0 1 1 1 1 0
Operating Profit -8 -0 -1 -0 -0 -0 -0 -0 -0 -0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 3 3 3 3 3 3 2 2 2 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -11 -4 -4 -4 -4 -3 -3 -3 -3 -3
Provision for Tax 0 0 -2 0 0 0 0 0 0 0
Profit After Tax -11 -4 -2 -4 -4 -3 -3 -3 -3 -3
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -11 -4 -2 -4 -4 -3 -3 -3 -3 -3
Adjusted Earnings Per Share -3.7 -1.3 -0.7 -1.2 -1.3 -1.1 -0.9 -1.1 -0.9 -0.8

Premier Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 100 36 20 16 10 2 0 0 0
Other Income 1 2 12 29 30 5 0 0 0
Total Income 101 38 32 45 40 7 1 0 0
Total Expenditure 111 64 67 117 125 25 10 2 3
Operating Profit -10 -27 -35 -72 -85 -18 -9 -2 0
Interest 57 70 66 65 56 42 2 2 0
Depreciation 32 29 28 29 21 19 13 10 8
Exceptional Income / Expenses 74 18 5 -29 141 -4 0 0 0
Profit Before Tax -25 -108 -124 -196 -21 -82 -25 -14 -12
Provision for Tax 0 1 -0 1 46 0 -2 0 0
Profit After Tax -25 -109 -124 -197 -67 -83 -22 -14 -12
Adjustments 0 0 0 0 0 0 0 0 0
Profit After Adjustments -25 -109 -124 -197 -67 -83 -22 -14 -12
Adjusted Earnings Per Share -8.3 -35.8 -40.8 -64.7 -22.1 -27.3 -7.4 -4.5 -3.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% -100% -100% 0%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 74% 11% -4% -23%
ROE Average 0% 0% 0% -37%
ROCE Average 0% 0% 4% 1%

Premier Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 406 307 184 -10 -200 -283 -306 -319
Minority's Interest 0 0 0 0 0 0 0 0
Borrowings 169 152 92 47 15 0 0 0
Other Non-Current Liabilities -16 -40 -41 -41 5 19 18 16
Total Current Liabilities 402 453 483 601 470 482 487 501
Total Liabilities 962 872 719 598 290 217 199 198
Fixed Assets 472 357 350 167 92 73 53 43
Other Non-Current Assets 28 120 130 134 132 129 131 131
Total Current Assets 462 396 238 297 66 15 15 24
Total Assets 962 872 719 598 290 217 199 198

Premier Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 1 1 0 1 0 0 0 6
Cash Flow from Operating Activities 8 -8 55 -28 -17 11 5 1
Cash Flow from Investing Activities -0 2 22 34 170 24 1 0
Cash Flow from Financing Activities -8 5 -77 -7 -153 -35 -0 8
Net Cash Inflow / Outflow 0 -1 0 -0 0 -0 6 10
Closing Cash & Cash Equivalent 1 0 1 0 0 0 6 15

Premier Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) -8.29 -35.78 -40.82 -64.73 -22.08 -27.29 -7.4 -4.49
CEPS(Rs) 2.11 -26.11 -31.54 -55.1 -15.14 -21.11 -2.98 -1.13
DPS(Rs) 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 133.81 36.95 -3.53 -67.47 -89.42 -116.72 -100.67 -105.16
Core EBITDA Margin(%) -10.42 -74.2 -234.76 -611.5 -1168.31 -1168.38 -2505.36 0
EBIT Margin(%) 28.81 -99.13 -291.49 -792.04 349.08 -2042.74 -5846.91 0
Pre Tax Margin(%) -22.76 -278.31 -620.26 -1185.31 -214.99 -4122.19 -6339.56 0
PAT Margin (%) -22.76 -279.74 -617.94 -1191.36 -679.61 -4145.03 -5793.76 0
Cash Profit Margin (%) 5.78 -204.13 -477.45 -1014.16 -465.98 -3206.06 -2335.57 0
ROA(%) -2.62 -11.85 -15.59 -29.87 -15.11 -32.68 -10.8 -6.87
ROE(%) -6.2 -41.9 -244.36 0 0 0 0 0
ROCE(%) 3.95 -5.66 -12.76 -48.85 69.96 0 0 0
Receivable days 345.53 876.31 1340.3 1107.72 772.61 0 0 0
Inventory Days 325.48 920.58 1652.33 1474.91 1085.53 980.5 0 0
Payable days 426.14 938.15 1274.3 191.69 197.87 815.26 5777.82 0
PER(x) 0 0 0 0 0 0 0 0
Price/Book(x) 0.23 0.81 -5.49 -0.11 -0.01 -0.02 -0.05 -0.02
Dividend Yield(%) 0 0 0 0 0 0 0 0
EV/Net Sales(x) 4.82 14.71 21.74 24.07 20.17 86.23 451.82 0
EV/Core EBITDA(x) -46.81 -19.57 -12.25 -5.45 -2.33 -9.59 -18.91 -96.33
Net Sales Growth(%) 0 -64.45 -44.57 -17.09 -39.58 -79.73 -80.6 -100
EBIT Growth(%) 0 -220.78 -51.9 -123.46 126.36 -218.58 44.47 47.74
PAT Growth(%) 0 -331.48 -14.1 -58.56 65.88 -23.59 72.88 39.27
EPS Growth(%) 0 -331.48 -14.1 -58.56 65.88 -23.59 72.88 39.27
Debt/Equity(x) 0.99 3.92 -35.05 -1.83 -0.73 -0.47 -0.55 -0.52
Current Ratio(x) 1.15 0.87 0.49 0.49 0.14 0.03 0.03 0.05
Quick Ratio(x) 0.9 0.66 0.32 0.41 0.12 0.03 0.03 0.05
Interest Cover(x) 0.56 -0.55 -0.89 -2.01 0.62 -0.98 -11.87 -6.6
Total Debt/Mcap(x) 4.31 4.86 6.37 17.07 55.67 21.39 10.94 29.58

Premier Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 27.5 27.5 27.5 27.37 27.37 27.37 27.37 27.37 27.37 27.37
FII 0.49 0.49 0.49 0.49 0.49 0.49 0.49 0.49 0.49 0.49
DII 6.05 5.76 5.76 5.76 5.76 5.76 5.76 5.76 5.76 5.76
Public 65.96 66.25 66.25 66.38 66.38 66.38 66.38 66.38 66.38 66.38
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is trading at -0 times its book value
  • Debtor days have improved from 5777.82 to 0days.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 27.37%.
  • Company has a low return on equity of 0% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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