Published on 06/11/2025 05:15 PM
Dividend Stock: The small-cap textile manufacturer has declared its financial results for the second quarter and half-year ended September 30, 2025 (Q2 FY26), along with an impressive interim dividend of 360 per cent for its shareholders.
In addition to announcing the results, the company has also revealed the record date to determine the eligibility of shareholders entitled to receive the dividend payout.
With a market capitalisation of approximately Rs 174.82 crore, the company’s stock currently trades around the Rs 530 mark. Over the past five years, it has emerged as a remarkable wealth creator, delivering an exceptional 295 per cent return to investors.
The company under discussion is Premco Global, which is engaged in the production of woven and knit elastic and non-elastic narrow fabrics, tapes, and webbings.
The Board of Directors approved a special dividend of Rs 36 per equity share of face value Rs 10 each for FY2025–26.
The record date for determining eligible shareholders has been set as Friday, November 14, 2025.
Only shareholders whose names appear in the Register of Members or as beneficial owners in the depositories’ records as on that date will be entitled to receive the dividend. Investors who purchase the shares after the record date will not be eligible for this dividend payment.
For the quarter ended September 2025, Premco Global reported a net profit of Rs 1.71 crore, down 4.47 per cent from Rs 1.79 crore in the same quarter last year. Sales also slipped 1 per cent to Rs 25.71 crore compared to Rs 25.97 crore in the previous year’s September quarter.
The operating profit margin (OPM) remained steady at 11.4 per cent, while profit before tax (PBT) fell 38 per cent to Rs 1.38 crore, primarily due to higher input costs and lower income during the period.
Despite the dip in quarterly performance, Premco Global has maintained a strong track record of rewarding shareholders. Over the past year, it declared a Rs 2 dividend on August 26, 2025, a Rs 4 dividend on August 8, 2025, another Rs 2 dividend on February 17, 2025, a Rs 39 dividend on November 22, 2024, and a Rs 2 dividend on August 16, 2024.
Anubhav Maurya is a Senior Sub-Editor at Zee Business, focusing on the stock market, personal finance, corporate news, and related sectors.
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