Letter pertaining to Credit Rating along with Annexure is attached.

PREMIER POLYFILM LIMITED Registered Office: 305, Elite House, III Floor,36, Community Centre, Kailash Colony Extension, Zamroodpur, New Delhi 110048 CIN : L52109DL1992PLC049590; Email :compliance.officer@premierpoly.com Website: www.premierpoly.com ; Telephone: 011-45537559 PPL/SECT/2026-2027 Dated: August 10, 2026 BSE LIMITED NATIONAL STOCK EXCHANGE OF INDIA LIMITED SUBJECT : INTIMATION UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 – REVISION / REAFFIRMATION OF CREDIT RATING SCRIP CODE : NSE : PREMIERPOL BSE : 514354 Dear Sir/Madam, Pursuant to Regulation 30 read with Sub-para (3) of Para (A) of Part (A) of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR Regulations’), as amended, this is to inform that CRISIL Limited vide its intimation dated August 07,2026 has upgraded Credit Rating of our company. In accordance with the SEBI LODR Regulations, please find below the rating assigned for long term bank loan facilities of the Company: Total Bank Loan Facilities Rated Rs.54 Crore Long Term Rating Crisil BBB+/Stable (Reaffirmed) Short Term Rating Crisil A2 (Reaffirmed) The rating intimation received from CRISIL Limited is attached as an Annexure. The above information is available on the website of the Company at www.premierpoly.com We request you to take the same on record. Thanking you, Yours faithfully, For PREMIER POLYFILM LIMITED, HEENA SONI COMPANY SECRETARY & COMPLIANCE OFFICER Enclosed : As above Head Office & Factory: 40/1A, Sahibabad Industrial Area, Site IV, Sahibabad, Ghaziabad, (U.P.) India Manufacturer of Vinyl Flooring, PVC Sheeting, PVC Geomembranes, PVC Artificial Leather Rating Rationale August 07, 2026 | Mumbai Premier Polyfilm Limited Ratings reaffirmed at 'Crisil BBB+ / Stable / Crisil A2 ' Rating Action Regulator Of Total Bank Loan Facilities Rated Rs.54 Crore Instrument Long Term Rating Crisil BBB+/Stable (Reaffirmed) RBI Short Term Rating Crisil A2 (Reaffirmed) RBI Note: None of the Directors on Crisil Ratings Limited’s Board are members of rating committee and thus do not participate in discussion or assignment of any ratings. The Board of Directors also does not discuss any ratings at its meetings. 1 crore = 10 million Refer to Annexure for Details of Instruments & Bank Facilities Detailed Rationale Crisil Ratings has reaffirmed its ‘Crisil BBB+/Stable/Crisil A2’ ratings on the bank facilities of Premier Polyfilm Limited (PPL). The ratings reflect the established market position of PPL and its healthy financial risk profile. These strengths are partially offset by the susceptibility to volatility in raw material prices and modest scale of operations of the company. Analytical Approach Crisil Ratings has evaluated the standalone business and financial risk profiles of PPL. Key Rating Drivers - Strengths Established market position supported by extensive experience of the promoters: Backed by more than three decades of experience in the PVC products industry, the promoters have cultivated long-standing relationships with customers and suppliers, which continue to support the company's business growth. In FY2026, the company reported operating income of around Rs. 297 crore (estimated) driven by higher sales volumes and better realizations. Its business profile is further strengthened by a diversified product portfolio and an increasing contribution from value-added products. Going forward, revenue is projected to grow by 10-11% in FY2027, supported by expanded capacities, new product introductions, and sustained demand across end-user industries. Healthy financial risk profile: The company’s financial risk profile remained comfortable in FY2026, supported by healthy net worth, healthy profitability and moderate dependence on external borrowings. Net worth improved to around Rs. 146 crore as on March 31, 2026, while debt protection metrics remained strong, with interest coverage and net cash accruals to adjusted debt (NCAAD) ratio of around 57.4 times and 1.9 times, respectively. Total outside liabilities to adjusted networth (TOL/ANW) ratio was around 0.4 time as on March 31, 2026. Although the company is undertaking debt-funded expansion at the Chennai facility, the TOL/ANW ratio is expected to remain at a similar level and hence financial risk profile is expected to remain healthy, backed by healthy cash accruals, strong net worth and adequate debt-servicing capability. Key Rating Drivers - Weaknesses Susceptibility to volatility in raw material prices: The raw materials are crude derivatives, rendering the prices and hence profitability susceptible to volatility in the crude oil prices. Operating profitability improved to 15.6% in FY2026 from 14.4% in FY2025, supported by better realizations and a higher contribution from value-added products. The company's increasing focus on product diversification, development of higher-margin products and backward integration initiatives has aided margin expansion during the year. Going forward, operating margins are expected to remain healthy at around 14- 16%, supported by continued product innovation and the company's ability to largely pass on fluctuations in raw material prices to customers. Steady growth in scale of operations and an improving product mix are expected to further support the overall business and credit profile and hence will remain key monitorables. Modest scale of operations: While operating income improved to around Rs. 297 crore in FY2026 from Rs. 264 crore in FY2025, supported by improved realizations and higher volume sales, the company's scale of operations remains moderate. Going forward, revenue is expected to grow by 10-11% in FY 2027, driven by capacity expansion, introduction of value-added products and continued growth across key business segments. Sustained growth in operating income remains a key monitorable. Liquidity Adequate Liquidity remained adequate in FY2026, supported by healthy cash accruals and low average bank limit utilisation of around 22% during the 13 months ended June 2026. Net cash accruals of around Rs. 35 crore were significantly higher than repayment obligations of less than Rs. 3 crore in fiscal 2026, providing a strong liquidity cushion. Net cash accruals are projected at Rs 35-40 crore annually and will remain more than adequate against the repayments of around Rs 3 crore in fiscal 2027, nil repayment in fiscal 2028 and ~Rs 2 crore repayment in fiscal 2029. The company's liquidity profile is further supported by cushion in the working capital limits and healthy accrual generation. Despite the proposed debt-funded capex for the Chennai expansion, liquidity is expected to remain comfortable over the medium term, supported by steady cash generation and modest debt repayment requirements. Company has free cash and bank balance of more than Rs 25 crore as on March 31, 2026. Current ratio is estimated at around 2.4 times as on March 31, 2026. Outlook Stable Crisil Ratings believes that PPL will continue to benefit from the extensive experience of its promoters in the PVC films industry and their established relationships with clients. Rating sensitivity factors Upward factors: Sustained rise in operating income, aided by volumetric growth, and steady operating margin of around 15%, leading to higher-than-expected net cash accrual1s Sustenance of financial risk profile and efficient management of working capital cycle. Downward factors: Decline in revenue or operating margin below 12-13%, leading to lower-than-expected net cash accrual Stretch in working capital cycle or large, debt-funded capital expenditure, weakening the financial risk profile, particularly liquidity About the Company Incorporated in 1992, PPL commenced operations in 1993. The Uttar Pradesh-based company manufactures PVC floor coverings, artificial leather, geomembranes, PVC films and sheeting at its facilities in Sahibabad and Sikandarabad. Mr A N Goenka and Mr A [Showing first 8,000 characters — download PDF for full document]