ALFA Finder
The call ran from 12:31 PM to 1:18 PM IST (48 min).
Key takeaways
Q2 shows sharp recovery after Q1 disruptions, but profits and margins remain significantly lower YoY.
| Management target | Revenue FY27 |
|---|
| Revenue growth | 92% YoY in Q2, driven by clearing Q1 dispatch backlogs. |
|---|---|
| Margins | EBITDA margin 11.9% (Q2) vs 8.7% YoY; H1 margins down significantly. |
| Order book | ₹1,642 Cr as of October 2026; defense segment is 96%. |
| Demand visibility | Strong visibility from defense indigenization and a ₹1,642 Cr order book. |
| Management confidence | Balanced; optimistic on defense orders but defensive on margin contraction. |
Growth
Revenue grew 92% YoY in Q2; however, H1 PAT declined 55% YoY due to cost pressures.
Outlook
Order book of ₹1,642 Cr provides visibility; RDX plant expansion targets 600 tonnes capacity by FY28.
Risks
Export license delays for ₹350 Cr orders and low-margin fixed-price commercial explosive contracts pose significant risks.
Last quarter's promises, checked
Delivered
- Guided backlog completion in Q2 → Q2 revenue +92% YoY on backlog clearance (= BEAT)
Partly delivered
- Guided ₹600 Cr FY27 revenue → no FY27 revenue disclosed; H1 PAT -55% YoY (= PARTIAL)
- Guided ₹200–300 Cr FY27 order inflow → order book ₹1,393→₹1,642 Cr, +₹249 Cr net (= PARTIAL)
Missed
- Guided EBITDA 15–20% → Q2 11.9% (= MISS)
- Guided ₹150–200 Cr export dispatch in Q2 → ₹350 Cr export orders still awaiting licences (= MISS)
Summary by ALFA Finder, written with AI assistance from our own recording of the call, published . Open it on ALFA Filings ›
The results behind this call
Premier Explosives Q2 FY27 Results: Net Profit ₹12 Cr, Down 32.6% YoY
Premier Explosives Ltd reported revenue from operations of ₹145.3 Cr (+92.2% YoY) and net profit of ₹12 Cr (-32.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹12 Cr · -32.6% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
Management targets 600 Cr revenue for FY27 and 15-20% EBITDA margins as headwinds ease.
Growth they described
Revenue miss at 102.6 Cr; EBITDA margins collapsed to 4.7% from 15% YoY.
Call details
| Company | Premier Explosives Ltd |
|---|---|
| NSE symbol | PREMEXPLN |
| ISIN | INE863B01029 |
| Call | Q2 FY27 earnings call |
| Date | Friday, 13 November 2026 |
| Time | 12:30 PM IST |
| Length | 48 min |
| Audio | Our stream on YouTube ↗ |
Premier Explosives Ltd: key numbers
- Share price
- ₹578.05
- Market cap
- ₹3,108 Cr
- Revenue (annual)
- ₹388.3 Cr
- Net profit (annual)
- ₹45.81 Cr
- P/E (TTM)
- 112.1×Sector 52.1×
- Promoter holding
- 41.33%+0.00% QoQ
- FII holding
- 2.15%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Other calls on Fri, 13 Nov
Today's concalls →
