Premier Explosives Ltd
NSE: PREMEXPLN · Explosives · sector
₹632.40NSE close 2026-10-26
Key numbers
Market cap₹3,400 cr
Price₹632.40
52w high / low₹830 / ₹378
P/E101.3xSector median 66.9x
P/B11.8xSector median 8.3x
Book value₹53.8
Dividend yield0.08%Sector median 0.08%
ROE12.5%Sector median 12.5%
ROCE15.2%Sector median 15.2%
OPM6.4%Sector median 7.9%
Debt / equity0.11xSector median 0.17x
EV/EBITDA150.4xSector median 51.7x
Interest cover16.4x
Current ratio1.65x
Sales growth 3y+24.3%Sector median +5.3%
Profit growth 3y–Sector median +34.0%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 5 companies in Explosives (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹60 cr vs borrowings ₹32 cr (FY26): cash is higher (net cash).
- Borrowings fell in each of the last 3 years (₹83 cr → ₹32 cr).
- Operating profit covered interest 16.4x in the last 12 months.
- Operating cash flow was below net profit in 2 of the last 5 years (FY26, FY22).
- Revenue was higher than a year earlier in 1 of the last 4 quarters.
- Other income was 113% of net profit in the last 12 months.
- Debtor days went from 98 (FY24) to 50 (FY26).
- Dividend paid in 4 of the last 5 financial years.
- Price ₹632.40 on 2026-10-26: -23.8% from the 52-week high, +67.1% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹789.60 · low ₹326.20
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 95 | 166 | 74 | 142 | 76 | 81 | 89 | 103 |
| EBITDA | 17 | 15 | 10 | 17 | 5 | 12 | -0 | 6 |
| OPM % | 17.6% | 9.3% | 12.9% | 11.9% | 7.0% | 14.3% | -0.4% | 5.7% |
| Other income | 1 | 0 | 1 | 6 | 23 | 0 | 13 | 2 |
| Net profit | 8 | 9 | 4 | 15 | 18 | 6 | 7 | 3 |
| EPS (₹) | 1.57 | 1.71 | 0.70 | 2.85 | 3.32 | 1.13 | 1.22 | 0.57 |
| Revenue YoY | -20.1% | -50.9% | +20.4% | -27.9% | ||||
| Profit YoY | +111.4% | -34.1% | +75.5% | -80.0% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 199 | 202 | 272 | 417 | 388 | 349 |
| EBITDA | 21 | 26 | 58 | 58 | 33 | 22 |
| Net profit | 5 | -0 | -1 | 29 | 46 | 34 |
| EPS (₹) | 0.99 | 1.28 | 5.27 | 5.34 | 1.22 | 6.24 |
| Revenue growth | +1.5% | +34.5% | +53.6% | -7.0% | -26.9% | |
| Profit growth | -100.9% | – | – | +59.5% | -8.8% | |
| Dividend / share (₹) | – | 1.50 | 1.70 | 0.50 | 0.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +24.3% | +20.6% | -26.8% |
| Net profit | – | – | -8.8% |
| EPS | -1.7% | – | – |
| Share price | – | +17.7% (2y) | +9.5% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 195 | 220 | 247 | 289 |
| Borrowings | – | 83 | 61 | 41 | 32 |
| Cash & equivalents | – | 7 | 29 | 101 | 60 |
| Total assets | – | 356 | 442 | 528 | 483 |
| Fixed assets | – | 182 | 193 | 192 | 181 |
| Capital work in progress | – | 2 | 3 | 3 | 26 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 54 | 73 | 38 | 53 |
| Inventory | – | 80 | 88 | 153 | 103 |
| Payables | – | 16 | 16 | 117 | 42 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -2 | 21 | 79 | 118 | -1 |
| Cash from investing | -11 | -16 | -25 | -11 | -27 |
| Cash from financing | 13 | -6 | -34 | -34 | -14 |
| Capex | 14 | 14 | 23 | 13 | 28 |
| Free cash flow | -17 | 7 | 56 | 105 | -29 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 0.0% | -0.5% | 11.6% | 15.8% |
| ROCE % | – | 6.6% | 18.1% | 16.9% | 19.9% |
| Debtor days | – | 97 | 98 | 33 | 50 |
| Inventory days | – | 335 | 290 | 235 | 168 |
| Payable days | – | 66 | 51 | 178 | 68 |
| Cash conversion cycle (days) | – | 366 | 337 | 90 | 150 |
| Working capital days | – | 31 | 68 | 61 | 95 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 41.33% |
| FIIs | 2.15% |
| DIIs | 14.87% |
| of which Mutual funds | 9.63% |
| Public (non-institutions) | 41.64% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 41.33% | 41.33% | 41.33% | 41.33% | 41.33% | 41.33% | 41.33% | 41.33% |
| Promoter group | % |
|---|---|
| KAILASH GUPTA AND SHONIKA PRASAD (in the capacity as Trustees of AKS FAMILY TRUST) | 41.33% |
| Amarnath Gupta | 0.00% |
| Kailash Gupta | 0.00% |
| Amarnath Gupta HUF | 0.00% |
| Public holders above 1% | % |
|---|---|
| HDFC Mutual Fund - HDFC Defence Fund | 9.12% |
| Rajasthan Global Securities Private Limited | 2.94% |
| Alpha Alternatives Financial Services Private Limited | 1.91% |
| Akurdi Trading Company PVT Ltd | 1.28% |
| Nuvama Multi Asset Strategy Return Fund | 1.10% |
81,430 shareholders. Pledged: – of promoter shares.
Peers in Explosives
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SOLARINDS | ₹1,69,081 cr | 84.9x | 26.9x | 37.4% | 37.9% | 27.3% | +12.4% | 0.07% |
| PREMEXPLN | ₹3,400 cr | 101.3x | 11.8x | 12.5% | 15.2% | 6.4% | +24.3% | 0.08% |
| GOCLCORP | ₹1,565 cr | 4.3x | 0.5x | 12.5% | 12.0% | -239.6% | -78.0% | 3.17% |
| KELENRG | ₹1,263 cr | 44.3x | 8.3x | 20.6% | 19.6% | 7.9% | -1.9% | – |
| BEEZAASAN | ₹1,026 cr | 66.9x | 7.3x | 11.8% | 13.7% | 9.8% | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-23 | Dividend | Dividend - Re 0.50 Per Share |
| 2025-09-23 | Dividend | Dividend - Re 0.50 Per Share |
| 2024-09-20 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
| 2024-06-21 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share |
| 2023-09-22 | Dividend | Annual General Meeting/Dividend - Rs 1.70 Per Share |
| 2022-09-08 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Sh |
| 2021-09-21 | Other | Annual General Meeting |
| 2020-11-11 | Other | Annual General Meeting |
| 2019-09-17 | Dividend | Annual General Meeting/Dividend - Rs 2.70 Per Share |
| 2018-09-18 | Dividend | Annual General Meeting/Dividend Rs 2.50 Per Share |
| 2017-09-14 | Dividend | Annual General Meeting/Dividend - Rs 3/- Per Share |
| 2016-09-09 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: High Energy Materials and O&M Services for defense space and mining sectors
| Sector | Commodities |
| Industry | Explosives |
| Sub-industry | Explosives |
| Symbol | PREMEXPLN |
| BSE code | 526247 |
| ISIN | INE863B01029 |
| Face value | ₹2.0 |
| Incorporated | 1980-02-14 |
| Website | www.pelgel.com |
| Plants (India / abroad) | 6 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.