Premier Explosives
- Market cap
- ₹ 3,689 Cr.
- P/E
- 107.4x
- P/B
- 12.88x
- 52-week range
- 378.4 – 829.8
- ROE
- 19%
- ROCE
- 23%
- Dividend yield
- 0.1%
- Debt / equity
- 0.11
- Sector
- Chemicals & Petrochemicals
- Industry
- Explosives
- Listed on
- NSE, BSE
About
Premier Explosives Limited is an India-based company. The Company is engaged in the manufacture of high energy materials like bulk explosives, packaged explosives, detonators, detonating fuse, solid propellants, pyrogen igniters, and pyro devices having applications in mining, infrastructure, defense, space, homeland security and such other areas. It also operates and maintains solid propellant plants of defense and space establishments. Its geographical segments include India and the Rest of the world. Its capabilities include advanced products, such as solid propellants for missiles and rockets, strap-on motors for satellite launch vehicles, and initiating systems. It also manufactures a diverse range of commercial explosives, such as bulk explosives, packaged explosives, cast booster, emulsion booster, detonators and detonating fuse for mining and infrastructure requirements. It also produces explosive bolts, pyro actuators, smoke markers, cable cutters and many other products.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Explosives: 5 companies →Premier Explosives against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)107.4 against a typical 79.2: pricier than most peers (1st = cheapest).5th of 5
- Sales growth−27.9% against a typical +27.8% from a year earlier.5th of 5
- Profit growth−79.9% against a typical +66.7% from a year earlier.5th of 5
- Share price, 3 months−11.1% against a typical +6.6%.4th of 5
- Size₹ 3,688.6 Cr. market value against a typical ₹ 2,466.8 Cr. (1st = largest).2nd of 4
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated A- to BBB+ by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| India Ratings | IND A-; IND A2+ | Rating Watch with Developing Implication | 21 Jul 2026 |
| ICRA | [ICRA]BBB+ | Stable | 13 Nov 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 21 Jul 2026 | Reaffirmed | IND A- | — | India Ratings | ₹ 397 Cr. | |
| 20 May 2026 | Reaffirmed | IND A- | — | India Ratings | ₹ 397 Cr. | |
| 13 Nov 2025 | Rating action | [ICRA]BBB+ | — | ICRA | ₹ 392 Cr. |
Research by Minerva Capital Research Solutions
Our research team's work on Premier ExplosivesAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 13 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 9 Jul 2026 | Other business matters | To consider other business matters |
| 29 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 12 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 12 Aug 2025 | Financial Results/Fund Raising/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025, Fund Raising and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 78 | 45 | 87 | 83 | 95 | 166 | 74 | 142 | 76 | 81 | 89 | 103 |
| Expenses | 57 | 40 | 72 | 67 | 78 | 150 | 65 | 121 | 69 | 70 | 90 | 97 |
| Operating Profit | 22 | 5 | 15 | 16 | 17 | 15 | 10 | 21 | 6 | 12 | −0 | 6 |
| OPM % | 27.9% | 11% | 17.4% | 18.7% | 17.6% | 9.3% | 12.9% | 14.7% | 8.6% | 14.3% | −0.4% | 5.7% |
| Other Income | 0 | 3 | 1 | 1 | 1 | 0 | 1 | 2 | 22 | 0 | 13 | 2 |
| Interest | 3 | 2 | 2 | 3 | 3 | 4 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | 16 | 2 | 11 | 11 | 12 | 9 | 6 | 19 | 25 | 8 | 9 | 4 |
| Tax % | 28.2% | 29.5% | 35.4% | 31.5% | 31.4% | −4.9% | 37.8% | 18.4% | 27.9% | 25.3% | 25.5% | 26.2% |
| Net Profit | 12 | 2 | 7 | 7 | 8 | 9 | 4 | 15 | 18 | 6 | 7 | 3 |
| EPS in Rs | 2.17 | 0.32 | 1.25 | 1.36 | 1.57 | 1.71 | 0.7 | 2.86 | 3.31 | 1.13 | 1.22 | 0.57 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 8%
- 5 Years
- 21%
- 3 Years
- 24%
- TTM
- −27%
- 10 Years
- 22%
- 5 Years
- 95%
- 3 Years
- 90%
- TTM
- −14%
- 10 Years
- 26%
- 5 Years
- 70%
- 3 Years
- 43%
- TTM
- —
- 10 Years
- 7%
- 5 Years
- 11%
- 3 Years
- 15%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Premier Explosives | ₹ 563.90 | ₹ 3,689 Cr. | 107.4x | 12.9x | 19% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 99.6x | 26.6x | 31.4% | 17.7% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 23.8% | 16.9% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.6x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 110.5x | 14.2x | 13.6% | 21.7% |
Management
- Buddhavarapu Mahadeva Vijay Kumar
- Chief Financial Officer
- Kalakota Jhansi Laxmi
- Chief Compliance Officer, Company Secretary
- T. V. Chowdary
- Managing Director
- Y.Durga Prasad Rao
- Executive Director - Operations
Prices are delayed and for information only. Nothing on this page is investment advice.