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Earnings Call

Premier Explosives Earnings Call: Key Takeaways

Premier Explosives shows strong defense/space momentum despite raw material shortages and execution delays at specialized plants. Management targets significant revenue scale-up by FY27 through new product segments like land mines and drone payloads.

Why this was an Alfa AlertManagement explicitly guides FY27 revenue to ₹600-700cr, representing a 54-80% YoY growth over FY26 revenue of ₹388.3cr.
Highlights
Revenue growthQ4 revenue up 20%; FY26 down 7% on high base.
MarginsEBITDA 17.8% FY26; FY27 targets 15-20% despite RM volatility.
Order bookRecord ₹1,569cr; 95% defense; 4x FY26 revenue coverage.
Demand visibilityStrong; government policy supporting domestic manufacturing and import substitution.
Management confidenceBalanced; optimistic on defense diversification but cautious on RM availability.

Growth

Q4 revenue grew 20% YoY driven by defense; FY26 revenue fell 7% due to one-off high base.

Outlook

FY27 revenue guidance of ₹600-700cr with 15-20% margins; ₹1,569cr order book visibility.

Risks

Raw material unavailability from MIL/foreign sources; specialized plant accidents impacting execution; export license rejections.

Source

Earnings Call filed with BSE, NSE: PREMEXPLN. Summary written with AI assistance from the document.

Read the document ↗

Premier Explosives Ltd: key numbers

Share price
₹680.35
Market cap
₹3,658 Cr
Revenue (annual)
₹388.3 Cr
Net profit (annual)
₹45.81 Cr
P/E (TTM)
109.1×Sector 53.6×
Promoter holding
41.33%+0.00% QoQ
FII holding
1.67%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Premier Explosives Earnings Call Transcript: Key Takeaways

Revenue declined 28% YoY due to export license delays and supply chain disruptions, despite a massive 1,393 Cr defense-heavy order book.

Call
Guides 100% growth