Premier Ltd
Premier Ltd (PREMIER)

Premier Ltd (PREMIER)

₹4.091.23%

Key Stats

₹4.1
Day's Price Range
₹4.1
₹3.35
52-Week Price Range
₹13.3
1 Month Return-7.96 %
3 Month Return-18.19 %
1 Year Return-28.32 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 247
-0.31
EPS
Rank 238
₹-13.23
BVPS
Rank 277
₹-93.17
Dividend Yield
Rank 133
ROE
Rank 326
Price To Book Ratio
Rank 224
-0.05
Debt To Asset
Rank 11
2.3

Company Information

Incorporated in 1944 Premier Automobiles PAL manufactures passenger cars trucks buses etc. PALs Premier Padmini enjoyed a commanding position along with Hindustan Motors till 1984 before the launch of the Maruti 800. In Jan.86 PAL started producing the 118 NE. PAL plans to rejuvenate itself through modernisation new project launches and a joint venture with Automobiles Peugeot France.It has also tied up with Fiat Italy. As the present Padmini model is a product of Fiat the latter will help upgrade the model. But the thrust will be on another model to be launched named Uno with technology from Fiat Italy. Fiat which considers India a key market is also interested in strengthening its longterm relationship with PAL. The 999 cc Uno has roll out by the beginning of 1996. The company has entered into an arrangement with Ind Auto Ltd IAL for assembly of Premier cars at Kurla.Its machine tool division has obtained the ISO 9001 certification. Bureau Veritas Quality International BVQI awarded MTD ISO 9001 for next three years from 24th December 1999. During 2002 the company signed a long term contract with Telco for painting the bodies. The companys real estate business witnessed a slight growth sinceit has entered into a MOU with a leading developer for development of its residential land at Dombivli at a consideration of Rs.15 crores.
OrganisationPremier Ltd
HeadquartersPune
IndustryCapital Goods-Non Electrical Equipment