Premier Polyfilm Ltd. – Company Report
1. Company Overview
Premier Polyfilm Ltd., incorporated in 1992 by industry veteran Shri A.N. Goenka, is India’s leading manufacturer of specialty calendared films, sheets, PVC flooring, and artificial leather. The company is headquartered in Ghaziabad, Uttar Pradesh, and holds an ISO 9001:2015 certification. Premier Polyfilm has built a robust presence in both domestic and global markets, exporting to over 25 countries and serving prestigious OEM customers across automotive, transport, healthcare, and infrastructure sectors. The company emphasizes continuous innovation, adherence to international standards (EN, ISI, ISO), and strong quality management. As of August 2025, it employs around 300–500 people and operates advanced manufacturing facilities near New Delhi. The enterprise is professionally managed by Managing Director Amitaabh Goenka.
- Incorporated: 1992
- Headquarters: Ghaziabad, Uttar Pradesh, India
- Employees: 300–500
- Certifications: ISO 9001:2015; products also carry EN, ISI certifications
- Listed: BSE/NSE (public company)
- Market Cap (Aug 2025): ~₹550 crore
- Leadership: Amitaabh Goenka (Managing Director)
2. Products and Services
Premier Polyfilm offers a comprehensive range of PVC and associated products:
- PVC Flooring: Railway, bus, industrial, marbled, antiskid, antistatic, ESD, heavy-duty, and insulation mats for electrical applications, branded as Polychallenger & Polyfloor
- Artificial Leather: Specialty PVC artificial leather for automotive seating, interiors, marine, and public transport uses
- PVC Films & Sheeting: For automotive, interiors, healthcare, and general household; includes embossed, printed, humidity barrier, and specialty technical films
- Self-Adhesive Films & Wallpapers: Vinyl wraps for automotive, décor, and wall applications (under “Walltastic” and related brands)
- Geomembranes: PVC geomembranes for underground structure waterproofing and aquaculture
- Swimming Pool Liners and Roofing Sheets: Water-resistant, durable liners and commercial roofing solutions
- Floor Mats & Made-ups: For bus coaches, cars, and custom OEM applications; includes anti-fatigue and hospital matting
- High-Voltage Insulation Mats: For power, safety, and electrical installations
- Custom Compounds and PVC Made-Ups: Recycled compounds and engineered PVC solutions for niche uses
The company focuses on R&D, in-house fabric manufacturing, coating, printing, lamination, and provides complete lab testing to ensure quality and innovation.
3. Recent News and Financial Performance
Business Developments
Share Split & Expansion Plans (2024): Following shareholder approval on 16th September 2024, the Board fixed 5th November 2024 as the Record Date for a 1:5 stock split. This aims to enhance liquidity and broaden retail participation.
Industrial Land Acquisition in Tamil Nadu (October 2024): The company has approved the acquisition of industrial land in Tamil Nadu to support its expansion plans, signaling a move to increase capacity and geographic diversification.
Regulatory Action by SEBI (December 2024): SEBI imposed a ₹3 lakh fine on the company for compliance lapses related to Related-Party Transactions (RPTs) between April 1, 2022 and May 21, 2023. Violations included:
Entering into material RPTs with RMG Polyvinyl India Ltd. (exceeding 10% of turnover) without prior approval
Incorrect classification of RMG Polyvinyl as a non-related party
Delayed shareholder approval, eventually regularized at the AGM on 18th September 2023
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Revenue | ₹267 crore |
| Net Profit | ₹26 crore |
| Operating Profit Margin | 15% |
| Net Profit Margin | 9.8% |
| EPS | ₹2.48 |
| Return on Equity (ROE) | 24% |
| Dividend Payout % | 6% |
| Debt | Conservative, strong liquidity and working capital |