PREMEXPLN

Premier Explosives Limited

Explosives and defence products including chaffs, flares and ammunition

Commodities›Chemicals›Chemicals & Petrochemicals›Explosives

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Key metrics

Price as of 2026-10-16

Stock price
₹691.40
Market cap
3,719 Cr
Stock P/E
111.0
P/B
12.86
Dividend yield
0.1%
ROE (FY26)
15.8%
ROCE (FY26)
19.8%
Operating margin (FY26)
6.9%
Debt / equity (FY26)
0.11
OCF / EBITDA (FY26)
-3.3%
OCF / EBITDA (3Y)
126.5%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Premier Explosives makes solid propellants, rocket motors, countermeasures and munitions for India's defence and aerospace programmes, and industrial explosives for mining.

Company snapshot

2ndBy market cap

Ranked among 3 companies in Explosives.

What we see

Positives
  • ✓126% of operating profit came in as cash over the last three years — profits are backed by real cash.
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Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales78 Cr45 Cr87 Cr83 Cr95 Cr166 Cr74 Cr142 Cr76 Cr81 Cr89 Cr103 Cr
Operating expenses (approx.)57 Cr40 Cr72 Cr67 Cr78 Cr150 Cr65 Cr121 Cr69 Cr70 Cr90 Cr97 Cr
EBITDA22 Cr5 Cr15 Cr16 Cr17 Cr15 Cr10 Cr21 Cr6 Cr12 Cr-0.39 Cr6 Cr
OPM %27.9%11.0%17.4%18.7%17.6%9.3%12.9%14.7%8.6%14.3%-0.4%5.7%
Other income0.41 Cr3 Cr0.56 Cr1 Cr1 Cr0.22 Cr0.51 Cr6 Cr23 Cr0.43 Cr13 Cr2 Cr
Interest3 Cr2 Cr2 Cr3 Cr3 Cr4 Cr1 Cr1 Cr0.73 Cr0.91 Cr0.72 Cr0.63 Cr
Depreciation3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr
Profit before tax16 Cr2 Cr11 Cr11 Cr12 Cr9 Cr6 Cr19 Cr25 Cr8 Cr9 Cr4 Cr
Tax %28.2%29.7%35.4%31.4%31.4%-4.8%37.8%18.4%27.9%25.3%25.4%26.0%
Net profit12 Cr2 Cr7 Cr7 Cr8 Cr9 Cr4 Cr15 Cr18 Cr6 Cr7 Cr3 Cr
EPS (₹)₹10.83₹1.58₹6.28₹1.36₹1.57₹1.71₹0.70₹2.85₹3.32₹1.13₹1.22₹0.57

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales262 Cr280 Cr253 Cr165 Cr152 Cr199 Cr202 Cr272 Cr417 Cr388 CrSign in free for the trailing twelve months
Operating expenses (approx.)232 Cr261 Cr230 Cr170 Cr146 Cr178 Cr176 Cr213 Cr359 Cr350 CrSign in free for the trailing twelve months
EBITDA30 Cr20 Cr23 Cr-5 Cr6 Cr21 Cr26 Cr58 Cr58 Cr39 CrSign in free for the trailing twelve months
OPM %11.3%7.0%9.2%-3.3%4.2%10.5%12.8%21.5%13.9%9.9%Sign in free for the trailing twelve months
Other income0.69 Cr2 Cr3 Cr1 Cr0.93 Cr3 Cr2 Cr4 Cr2 Cr42 CrSign in free for the trailing twelve months
Interest4 Cr5 Cr6 Cr6 Cr7 Cr7 Cr9 Cr11 Cr11 Cr3 CrSign in free for the trailing twelve months
Depreciation4 Cr4 Cr4 Cr5 Cr6 Cr10 Cr10 Cr12 Cr11 Cr12 CrSign in free for the trailing twelve months
Profit before tax22 Cr13 Cr16 Cr-15 Cr-15 Cr7 Cr9 Cr41 Cr38 Cr60 CrSign in free for the trailing twelve months
Tax %31.9%36.6%28.7%33.2%27.7%25.3%25.3%30.0%24.0%24.3%Sign in free for the trailing twelve months
Net profit16 Cr8 Cr11 Cr-10 Cr-11 Cr5 Cr7 Cr28 Cr29 Cr46 CrSign in free for the trailing twelve months
EPS (₹)₹17.80₹7.72₹10.57₹-9.32₹-10.19₹4.93₹6.42₹26.37₹5.34₹1.22Sign in free for the trailing twelve months
Dividend payout %—————0.0%23.2%6.4%9.4%5.9%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital9 Cr11 Cr11 Cr11 Cr11 Cr11 Cr11 Cr11 Cr11 Cr11 Cr
Reserves116 Cr188 Cr199 Cr186 Cr174 Cr179 Cr184 Cr209 Cr236 Cr278 Cr
Borrowings38 Cr44 Cr25 Cr55 Cr55 Cr78 Cr83 Cr61 Cr41 Cr32 Cr
Other liabilities55 Cr65 Cr63 Cr54 Cr53 Cr53 Cr77 Cr159 Cr241 Cr160 Cr
Total liabilities220 Cr309 Cr299 Cr307 Cr294 Cr322 Cr356 Cr442 Cr528 Cr483 Cr
Fixed assets (net)104 Cr105 Cr113 Cr111 Cr177 Cr172 Cr182 Cr193 Cr192 Cr181 Cr
CWIP4 Cr16 Cr35 Cr62 Cr2 Cr4 Cr2 Cr3 Cr3 Cr26 Cr
Investments—0.0039 Cr0.08 Cr0.08 Cr0.08 Cr0.08 Cr0.08 Cr0.08 Cr0.08 Cr0.12 Cr
Inventories35 Cr37 Cr34 Cr42 Cr37 Cr38 Cr80 Cr88 Cr153 Cr103 Cr
Trade receivables56 Cr98 Cr65 Cr48 Cr43 Cr72 Cr54 Cr73 Cr38 Cr53 Cr
Cash & bank1 Cr2 Cr2 Cr2 Cr0.92 Cr0.50 Cr0.37 Cr20 Cr93 Cr51 Cr
Other assets20 Cr51 Cr50 Cr42 Cr34 Cr36 Cr39 Cr65 Cr48 Cr68 Cr
Total assets220 Cr309 Cr299 Cr307 Cr294 Cr322 Cr356 Cr442 Cr528 Cr483 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity-7 Cr-24 Cr50 Cr-6 Cr10 Cr-2 Cr21 Cr79 Cr118 Cr-1 Cr
Cash from investing-9 Cr-46 Cr-26 Cr-14 Cr-4 Cr-11 Cr-16 Cr-25 Cr-11 Cr-27 Cr
Cash from financing14 Cr71 Cr-24 Cr20 Cr-7 Cr13 Cr-6 Cr-34 Cr-34 Cr-14 Cr
Net cash flow-3 Cr1 Cr0.0067 Cr-0.54 Cr-1 Cr-0.42 Cr-0.13 Cr20 Cr73 Cr-42 Cr
Free cash flow (OCF − Capex)-18 Cr-40 Cr12 Cr-36 Cr-3 Cr-17 Cr7 Cr56 Cr105 Cr-29 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %16.2%7.3%9.1%-3.7%-3.4%5.3%6.5%18.1%16.9%19.8%
ROE %12.4%4.1%5.3%-5.0%-5.9%2.8%3.5%12.8%11.6%15.8%
Debtor days781279410610313197983350
Inventory days988690160191146270318208196
Days payable374968728882535615879
Cash conversion cycle14016411519420619531336083167
OCF / EBITDA %-22.8%-121.9%216.1%—157.4%-10.3%81.5%135.0%204.4%-3.3%
OCF / EBITDA % (3 years)——27.0%53.3%223.1%6.4%54.4%93.0%153.5%126.5%
Debt / equity0.300.220.120.280.300.410.430.280.160.11
Current ratio1.542.162.141.301.151.101.121.271.281.65
Net debt / EBITDA1.252.110.99—8.563.703.190.71-0.91-0.48