ALFA Finder| 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)
Earnings Call Transcript filed with NSE, NSE: PREMEXPLN. Summary written with AI assistance from the document.
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.
More from Premier Explosives Ltd
All →Premier Explosives Investor Presentation: Key Takeaways
Q2FY27 revenue Rs 1,452.8 Mn (+92% YoY), EBITDA margin 11.9%, but PAT fell 33% as other income collapsed. Apollo Micro Systems is acquiring the promoter stake.
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
Premier Explosives Board Meeting Date
Premier Explosives scheduled a board meeting on November 12, 2026 to approve unaudited Q2 and half-year FY27 results. The trading window stays closed until November 14, 2026.
Premier Explosives Capital Structure Change
Rajasthan Global Securities sold 26,53,831 shares of Premier Explosives Ltd in the open market and offer. The sale reduced the non-promoter entity's stake from 5.90% to 0.08%.
Premier Explosives Management Change
Premier Explosives disclosed that Lt. Gen. Peruvemba Ramachandran Kumar ceases as Independent Director on completing his second five-year term, effective close of business on 1 November 2026. The company placed on record its appreciation for his contributions.
Premier Explosives Capital Structure Change
Rajasthan Global Securities Pvt Ltd, a non-promoter, bought 1,64,297 Premier Explosives shares in the open market. Its stake rose from 4.71% to 5.02%.