Premier Ltd.
Snapshot View

3.94 -0.15 ▼-3.7%

23 July 2021, 04:00:00 P.M.
Volume: 18,544

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Engineering - Industrial Equipments Compare with Industry peers
Website http://www.premier.co.in
Financial Indicators
Market Cap 11.91 Cr.
Earnings per share (EPS) -27.29 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 85.96 Trailing Twelve Months Ending 2021-03
Book Value / Share -116.72 Trailing Twelve Months Ending 2021-03
Price to Book Value -0.03 Calculated using Price: 3.92
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 3.04 Cr. 30,372,570 Shares
FaceValue 10
Company Profile

Premier is engaged in the manufacture of automobiles and machine tools. Incorporated in 1944, Premier was first Indian company to start making automobiles.

In the year 1947, the company collaborated with Chrysler Corporation, USA to manufacture Dodge cars at its Kurla plant and rolled out India’s first car. Later the company collaborated with Fiat SpA, Italy to commence assembly of Fiat 500 in India.

In 1954 Fiat 1100 came in into market becoming one of the most popular models produced. Gradually the company undertook highly specialised jobs.

Premier has manufactured widest range of commercial vehicles, which includes Premier Padmini -- one of the popular cars in India.

The company has many firsts to its credits such as in 1947 the company manufactured commercial vehicles under the brand Dodge and Fargo for use by the defence department of the Government of India; It was the first company to introduce diesel taxis in Mumbai; Premier introduced the concept of Cool Cabs (A/C taxis) in Mumbai city and first Indian passenger car company to set up a Press plant at its Dombivli plant, in western India.

The company has received the ISO 9001 certification for quality management.

Products

Machine tools- Premier manufactures machine tools such as Special Purpose Machine, 3-axes and 6-axes CNC gear hobbing machine, horizontal machining centres, vertical machining centres and many more. The company markets the products under the brand name COOPER.

Vehicles- Under this, the auto major manufactures cargo carriers, ambulances, tippers and pick-up trucks. The company markets them under the name Sigma Express, Sigma Lifeline, Roadstar Tipper and Roadstar.

Engineering- Under, this the company provides total solutions in the production process staring from raw material to the finish goods inclusive of machining–line boring, honning, broaching, leak test, washing, etc.

Milestones

1944- Premier was incorporated.

1946- The company was appointed by the Government of India to act as a distributor on lease and lend military Dodge trucks.

1947- The company collaborated with Chrysler Corporation, USA to manufacture Dodge cars at its Kurla plant and rolled out India’s first car.

1950-The company entered into an agreement with Fiat Company, Italy, for the assembly and progressive manufacture of Fiat cars in India.

1951- The company took approval from Chrysler Corporation to manufacture components, such as radiators, mufflers, etc required for Dodge cars.

1954- Premier manufactured and marketed Fiat 1100 cars.

1956- Premier indigenised the production of petrol engines required for Chrysler Group cars and petrol trucks

1962- The company signed an agreement signed with Hendri Meadows, England, for manufacture of Meadows Engines to be used in the automobiles.

1963- Premier acquired land at Dombivli for setting up a press plant for sheet metal components and a factory for a new car project.

1964- The company started manufacturing of trucks and supplied the vehicles to the defence department.

1969- The company started export of commercial vehicles.

1973-The company started marketing of the cars under the brand name 'Premier'.

1982- The auto major set up a new production plant at Dombivli.

1984- The company entered into a technical collaboration agreement with Nissan for A-12 Engine for NE car.

1985-Premier launched a new model -- 118 NE.

1987- The company acquired the machine tool division manufacturing CNC machine tools at Chinchwad.

1991-The company launched Premier diesel vehicles for taxies and private use.

1995- The company entered into technical agreement with Fiat, SpA, Italy, for manufacture of Uno cars at Kurla.

1996- The company manufactured Uno car at its Kurla Plant.

1997- The company formed a joint venture with Fiat SpA, Italy, to form Ind Auto. The name was later changed to Fiat India.

1998- The company underwent a through restructuring of its business with Fiat.

Prototype Varica Van was procured from China Motors Corporation, (CMC), an affiliate of Mitsubishi.

1999- The company signed an agreement with Automobile Peugeot for TUD5-Engine.

2000- The company entered into technical assistance agreement with China Motors Corporation for Van and Pick–Up.

2001- The company's operations were moved to Pune.

2003- The company entered into contract with Tata Motors for painting van and pick-up bodies in their plant.

2009 - Premier launches compact SUV in India
2011 - Premier Wins The Fie Foundation Award At IMTEX 2011
Inauguration of Premier’s Technology Centre, Bangalore

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-3.67%
1 Week
-1.50%
1 Month
+9.44%
3 Month
+116.48%
6 Month
-27.84%
1 Year
+102.05%
2 Year
+11.93%
5 Year
-88.46%
5 years 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -6.20 -41.90 -244.36
Return on Capital Employed (%) 3.95 -5.66 -12.76 -48.85 69.96
Return on Assets (%) -2.62 -11.85 -15.59 -29.87 -15.11

Balance Sheet View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 406 307 184 -10 -200
Non Curr. Liab. 153 112 51 6 20
Curr. Liab. 402 453 483 602 470
Minority Int.
Equity & Liab. 962 872 719 598 290
Non Curr. Assets 500 476 480 300 224
Curr. Assets 462 396 238 297 66
Misc. Exp. not W/O
Total Assets 962 872 719 598 290

Profit Loss View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 100 36 20 16 10
Other Income 1 2 12 29 30
Total Income 101 38 32 45 40
Total Expenditure -111 -64 -67 -117 -125
PBIDT -10 -27 -35 -72 -85
Interest -57 -70 -66 -65 -56
Depreciation -32 -29 -28 -29 -21
Taxation -1 0 -1 -46
Exceptional Items 74 18 5 -29 141
PAT -25 -109 -124 -197 -67

Cash Flow View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 8 -8 55 -28 -17
Cash Fr. Inv. 0 2 22 34 170
Cash Fr. Finan. -8 5 -77 -7 -153
Net Change 0 -1 0 0 0
Cash & Cash Eqvt 1 0 1 0 0

Shareholding Pattern View Details

9 Qtrs 2019-03 (%) 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%)
Promoter 44.95 44.95 44.95 44.95 44.95 44.95 27.50 27.50 27.50
Public 55.05 55.05 55.05 55.05 55.05 55.05 72.50 72.50 72.50
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 86.43 86.43 86.43 38.83 38.83 38.83 0.00 0.00 0.00

Announcements View Details

Fri, 23 Jul 2021
Reg 23(9)-Half Yearly Related Party Transaction For The Year Ended 31St March 2021
Pursuant to the Regulation 23(9) of Listing Regulations please find enclosed the disclosure of related party transactions on a consolidated basis in the format specified in the relevant accounting standards for the half year ended 31st March 2021.
Wed, 21 Jul 2021
Shareholding for the Period Ended June 30 2021
Premier Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Tue, 20 Jul 2021
Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors
Post-Facto Intimation of the Seventh Meeting of Committee of Creditors (CoC) of Premier Limited the Corporate Debtor scheduled on Tuesday 20th July 2021 at 03:30 P.M and concluded at 05:15 P.M.

Technical Scans View Details

Fri, 23 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Decreasing Relative Strength - Sectoral index Decreasing Relative Strength - Sectoral index
Both SRS And ARS Below Zero Both SRS And ARS Below Zero

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