Premier Explosives Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹3,067 Cr
- P/E
- 89.16
- ROE
- 18.83%
- PEG
- 0.98
- Price to sales
- 8.78
- Debt to equity
- 0.11
- 52W high / low
- ₹808 / ₹382
- Sales growth (5Y)
- 20.60%
- EBITDA margin
- 6.78%
- Net profit margin
- 12.97%
- Promoter holding
- 41.33%
- Sales (last year)
- ₹349 Cr
Premier Explosives Limited is engaged in the manufacturing of industrial explosives and detonators. It also undertakes operation and maintenance (O&M) services of solid propellant plants at the Sriharikota Centre of ISRO and Solid Fuel Complex at Jagdalpur under the umbrella of DRDO.[1]
Guidance scorecard · Q1 FY27 call
What Premier Explosives Ltd's management guided
and where it ranks in Chemicals & Petrochemicals
Chemicals & Petrochemicals
RevenueQ1 FY27 call
10–20%- Management targets a yearly EBITDA margin of 15% to 20% for FY27 and aims to make up for margin erosion caused by raw material costs in coming quarters.
- Revenue guidance for FY27 is around INR 600 crores, representing a considerable increase over the past years.
- Order book stands at INR 1,393 crores with 94% from Defense, providing strong revenue visibility.
- Expected execution from current order book is INR 500-600 crores over the next 12 to 18 months.
- New orders worth INR 200-300 crores anticipated in FY27, extending visibility over two years.
- Export orders impacted by export license delays are expected to contribute INR 150-200 crores in FY27.
2 more points from Premier Explosives Ltd's call on revenue
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MarginsQ1 FY27 call
Up 2%+See what Premier Explosives Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- The integration and installation of plant and machinery for RDX and HMX production at the Katepally facility is almost complete.
- Water trials for this facility are expected in September 2026, taking about a month, after which production of intended products will begin.
- A 2.5-tonne planetary mixer installation has faced import-related delays but is expected to be ready by the end of September 2026 for dummy trials.
- Expansion plans in Andhra Pradesh are ongoing but awaiting government revision on land pricing to secure a suitable land parcel.
2 more points from Premier Explosives Ltd's call on capex
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FundraisingQ1 FY27 call
See what Premier Explosives Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Rising- Current order book stands at INR 1,393 crores as of Q1 FY27.
- Approximately 94% of the order book is from the Defense segment (INR 1,309 crores).
- Explosives segment accounts for about 3% (INR 42 crores).
- Service segment (Operational and Maintenance Services) also accounts for about 3% (INR 42 crores).
- For FY27, additional order inflow guidance is INR 200 crores to 300 crores expected.
- Orders are generally spread over the next 2 years, with an expected run rate of INR 1,000+ crores in execution per year.
2 more points from Premier Explosives Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Chemicals & Petrochemicals
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Chemicals & Petrochemicals companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 0–2% | ₹263 Cr | 3.4 | |
| 2 | 40%+ | Flat | ₹4,375 Cr | 83.7 | |
| 3 | 40%+ | Flat | ₹3,259 Cr | 4.0 | |
| 4 | 40%+ | Flat | ₹145 Cr | 15.9 | |
| 5 | 20–40% | Up 2%+ | ₹1.81L Cr | 90.9 | |
| 6 | 20–40% | Up 2%+ | ₹48,366 Cr | 78.3 |
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Pro shows every company guiding 40%+ revenue growth →Full Chemicals & Petrochemicals rankingFinancials of Premier Explosives Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Premier Explosives Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 37.30 | 52.32 | 61.95 | 78.42 | 44.56 | 86.79 | 82.86 | 94.60 | 165.92 | 74.08 | 142.15 | 75.58 | 81.41 |
| Expenses + | 32.60 | 44.21 | 45.29 | 56.55 | 39.67 | 71.70 | 67.35 | 77.96 | 150.47 | 64.52 | 121.27 | 68.98 | 69.76 |
| Operating Profit | 4.70 | 8.11 | 16.66 | 21.87 | 4.89 | 15.09 | 15.51 | 16.64 | 15.45 | 9.56 | 20.88 | 6.60 | 11.65 |
| OPM % | 12.60% | 15.50% | 26.89% | 27.89% | 10.97% | 17.39% | 18.72% | 17.59% | 9.31% | 12.90% | 14.69% | 8.73% | 14.31% |
| Other Income + | 0.78 | 0.13 | 0.30 | 0.41 | 2.88 | 0.46 | 1.17 | 1.06 | 0.22 | 0.51 | 1.89 | 21.87 | 0.43 |
| Interest | 2.22 | 2.80 | 2.88 | 3.33 | 2.33 | 2.25 | 3.25 | 2.61 | 4.06 | 1.18 | 1.09 | 0.79 | 0.98 |
| Depreciation | 2.58 | 2.47 | 2.70 | 2.79 | 3.06 | 2.97 | 2.81 | 2.87 | 2.87 | 2.93 | 2.92 | 2.93 | 3.02 |
| Profit before tax | 0.68 | 2.97 | 11.38 | 16.16 | 2.38 | 10.33 | 10.62 | 12.22 | 8.74 | 5.96 | 18.76 | 24.75 | 8.08 |
| Tax % | 16.18% | 21.21% | 27.86% | 28.16% | 29.83% | 35.82% | 31.45% | 31.34% | -5.03% | 37.92% | 18.39% | 27.80% | 25.25% |
| Net Profit + | 0.58 | 2.34 | 8.21 | 11.61 | 1.67 | 6.63 | 7.28 | 8.39 | 9.19 | 3.70 | 15.32 | 17.87 | 6.04 |
| EPS in Rs | 0.11 | 0.43 | 1.53 | 2.16 | 0.31 | 1.23 | 1.35 | 1.56 | 1.71 | 0.69 | 2.85 | 3.32 | 1.12 |
Financials of Premier Explosives Ltd
Profit & Loss
Annual income statement trend
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 145 | 149 | 185 | 230 | 266 | 241 | 157 | 152 | 199 | 202 | 272 | 417 | 373 |
| Expenses + | 128 | 137 | 167 | 201 | 246 | 217 | 161 | 145 | 177 | 176 | 213 | 359 | 325 |
| Operating Profit | 17 | 13 | 18 | 29 | 20 | 24 | -5 | 7 | 22 | 26 | 58 | 58 | 49 |
| OPM % | 12% | 8% | 10% | 13% | 8% | 10% | -3% | 4% | 11% | 13% | 22% | 14% | 13% |
| Other Income + | 1 | 1 | -2 | 1 | 2 | 3 | 1 | -8 | 2 | 2 | 4 | 2 | 25 |
| Interest | 2 | 2 | 4 | 4 | 5 | 6 | 6 | 8 | 8 | 9 | 11 | 11 | 4 |
| Depreciation | 2 | 3 | 3 | 3 | 4 | 4 | 5 | 6 | 9 | 10 | 12 | 11 | 12 |
| Profit before tax | 13 | 8 | 8 | 23 | 13 | 16 | -15 | -15 | 7 | 9 | 40 | 38 | 58 |
| Tax % | 29% | 30% | 32% | 32% | 35% | 28% | -34% | -28% | 23% | 25% | 30% | 24% | |
| Net Profit + | 9 | 5 | 6 | 15 | 9 | 12 | -10 | -11 | 6 | 7 | 28 | 29 | 43 |
| EPS in Rs | 2.20 | 1.20 | 1.28 | 3.49 | 1.64 | 2.18 | -1.78 | -2.00 | 1.04 | 1.24 | 5.23 | 5.31 | 7.98 |
| Dividend Payout % | 25% | 33% | 31% | 17% | 30% | 25% | 0% | 0% | 29% | 27% | 10% | 2% |
Financials of Premier Explosives Ltd
Balance Sheet
Capital structure and asset base
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 9 | 9 | 9 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 49 | 53 | 57 | 115 | 188 | 199 | 186 | 174 | 179 | 184 | 210 | 235 | 265 |
| Borrowings + | 13 | 20 | 23 | 38 | 46 | 28 | 60 | 61 | 80 | 87 | 66 | 45 | 32 |
| Other Liabilities + | 37 | 31 | 41 | 56 | 62 | 59 | 49 | 48 | 53 | 77 | 159 | 240 | 193 |
| Total Liabilities | 107 | 113 | 130 | 218 | 306 | 296 | 306 | 294 | 323 | 359 | 445 | 531 | 501 |
| Fixed Assets + | 41 | 41 | 39 | 99 | 100 | 113 | 112 | 180 | 180 | 189 | 198 | 198 | 186 |
| CWIP | 2 | 0 | 2 | 4 | 16 | 35 | 62 | 2 | 4 | 2 | 3 | 3 | 8 |
| Investments | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Other Assets + | 59 | 67 | 83 | 110 | 185 | 143 | 128 | 107 | 134 | 162 | 238 | 325 | 301 |
| Total Assets | 107 | 113 | 130 | 218 | 306 | 296 | 306 | 294 | 323 | 359 | 445 | 531 | 501 |
Financials of Premier Explosives Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 6 | -2 | 10 | -6 | -21 | 48 | -9 | 11 | 0 | 20 | 79 | 119 |
| Cash from Investing Activity + | -4 | -3 | -4 | -10 | -46 | -25 | -15 | -4 | -13 | -16 | -25 | -11 |
| Cash from Financing Activity + | -3 | 5 | -3 | 14 | 68 | -23 | 23 | -7 | 12 | -4 | -34 | -35 |
| Net Cash Flow | -0 | 0 | 3 | -3 | 1 | -0 | -0 | -1 | -0 | -0 | 20 | 73 |
| Free Cash Flow | 2 | -5 | 6 | -15 | -37 | 11 | -38 | -2 | -14 | 6 | 56 | 106 |
| CFO/OP | 48% | 5% | 77% | -3% | -72% | 230% | 134% | 160% | 4% | 67% | 136% | 224% |
Financials of Premier Explosives Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 74 | 81 | 84 | 88 | 133 | 98 | 110 | 101 | 129 | 97 | 98 | 33 |
| Inventory Days | 92 | 111 | 80 | 100 | 82 | 84 | 192 | 182 | 142 | 335 | 290 | 235 |
| Days Payable | 41 | 37 | 43 | 44 | 52 | 68 | 86 | 84 | 79 | 66 | 51 | 178 |
| Cash Conversion Cycle | 125 | 155 | 121 | 145 | 163 | 114 | 216 | 199 | 191 | 365 | 336 | 90 |
| Working Capital Days | 35 | 45 | 27 | 45 | 76 | 62 | 23 | 12 | 5 | 8 | 23 | -31 |
| ROCE % | 24% | 13% | 18% | 22% | 9% | 9% | -4% | 1% | 6% | 7% | 18% | 17% |
Guidance history
How Premier Explosives Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 10–20% | Up 2%+ | Planned | — | Rising |
| Q4 FY26 call → | 20–40% | Flat | Planned | — | Rising |
| Q3 FY26 call → | 20–40% | Flat | Planned | Planned | Rising |
| Q2 FY26 call → | 20–40% | Flat | Planned | Planned | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
25 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −8.3% | 51% |
| Last 6 months | +1.6% | 55% |
| Last 3 months | −13.0% | 33% |
The price is 36% below its all-time high of ₹891.2 (21 Jun 2024). Stocks more than 20% below their peak have their score halved, so 49 became 25.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Premier Explosives Ltd: 0.4 × 51 + 0.4 × 55 + 0.2 × 33 = 49, halved to 25 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Premier Explosives Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q4 FY25 earnings call analysis →
- Q1 FY26 earnings call →
- Q3 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
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