PREMEXPLN
Premier Explosives Limited
NSELast Traded Price
₹663.8
-2.45 (-0.37%)
Open
₹666.45
High
₹668
Low
₹661.1
Prev Close
₹666.25
Industry
Explosives
Market Cap
3568.67 Cr
Filing History
Recent corporate announcements and filings for PREMEXPLN
Ownership
Neutral
2026-08-21 17:52
- SEBI has granted permission for the Open Offer by Apollo Micro Systems Limited to acquire up to 1,39,77,911 equity shares (26.00%) of Premier Explosives Limited at ₹698 per share.
- The tendering period for the Open Offer will commence not later than twelve working days from the receipt of approval from the Competition Commission of India.
- Payment to successful public shareholders will be made within ten working days from the last date of the tendering period, with the acquirer paying 10% interest per annum for any delay.
Business Update
Neutral
2026-08-20 22:34
- Q1 FY27 Consolidated Revenue declined 28% YoY to INR102.6 crores.
- EBIT declined 80% YoY to INR4.8 crores, and PAT decreased 80% YoY to INR3 crores, attributed to dispatch delays, supply chain disruptions, and elevated raw material costs.
- Management maintains FY27 revenue guidance of approximately INR600 crores, expecting stronger operational performance and better revenue conversion in coming quarters.
- Full-year EBITDA margin target is 15-20%, anticipating improvement from Q1's 6% EBITDA margin.
- Current order book stands at INR1,393 crores (94% from Defense), providing strong revenue visibility for the next two years.
- Export licenses for pending orders are now being received, with completion expected in Q2 and Q3 FY27.
- RDX and HMX production plant integration and machinery installation is nearing completion, with water trials expected in September.
- Partnership with Apollo Micro Systems is expected to accelerate growth and strengthen competitive positioning in defense.
Business Update
Neutral
2026-08-14 18:16
- Premier Explosives Limited announced the upload of the audio recording for its Q1 FY27 earnings conference call.
- The call, held on August 14, 2026, discussed Q1 FY27 financial results for the quarter ended June 30, 2026.
- The recording link is PEL_Q1FY27_Earnings_Call_Recordings.
Governance
Negative
2026-08-14 18:11
CRITICAL RED FLAG DETECTED
- Premier Explosives paid fines totaling ₹3,11,520 (including GST) on August 13, 2026.
- Fines were imposed by BSE and NSE for non-compliance/delayed compliance with SEBI Regulation 17(1A) for quarters ended December 2024 and June 2021, after waiver applications were rejected.
Business Update
Neutral
2026-08-13 17:50
- Q1 FY27 Standalone Revenue Rs 1,025.6 Mn vs Rs 1,421.5 Mn (▼27.8% YoY)
- EBITDA Rs 58.8 Mn vs Rs 208.8 Mn (▼71.9% YoY)
- PAT Rs 30.3 Mn vs Rs 153.2 Mn (▼80.2% YoY)
- EBITDA Margin 5.7% vs 14.7% (▼896 bps)
- Performance impacted by delays in dispatches, project execution amid global headwinds, supply chain disruptions, and elevated raw material prices.
- Strong order book of Rs 13,930 Mn, approximately 3.59x of FY26 Revenue, with 94% contribution from the Defence segment, providing strong revenue visibility.
- Execution momentum is expected to improve in coming quarters as challenges gradually ease.
- Apollo Micro Systems to acquire 41.33% promoter stake for ~Rs 1,550 Cr (all cash), followed by an Open Offer for 26% stake (1.40 Cr shares at Rs 698/share, aggregating to Rs 976 Cr), with expected closure in Q3FY27.
- The acquisition is described as building a robust, future-ready platform with enhanced capabilities and expanded market reach.
Governance
Positive
2026-08-13 16:43
- The 46th Annual General Meeting (AGM) will be held on Wednesday, September 30, 2026, at 11:30 A.M. (IST) through electronic mode.
- The Record Date for determining members eligible for the dividend for FY 2025-26 and for voting at the AGM is Wednesday, September 23, 2026.
Financials
Negative
2026-08-13 16:22
- Q1 FY27 Consolidated Revenue ₹102.56Cr vs ₹142.15Cr (▼27.85% YoY)
- EBITDA ₹5.88Cr vs ₹16.88Cr (▼65.19% YoY)
- PAT ₹3.07Cr vs ₹15.35Cr (▼80.02% YoY)
- EBITDA Margin 5.73% vs 11.87% (▼614bps)
Financials
Negative
2026-08-13 16:05
- Q1 FY27 Consolidated Revenue ₹102.56Cr vs ₹142.15Cr (▼27.85% YoY)
- EBITDA ₹5.88Cr vs ₹20.88Cr (▼71.84% YoY)
- PAT ₹3.07Cr vs ₹15.35Cr (▼80.00% YoY)
- EBITDA Margin 5.73% vs 14.69% (▼896bps)
Business Update
Neutral
2026-08-11 14:36
- Concall Schedule
- Concall Date: 14-August-2026
- Concall Time: 12:30 PM (IST)
- Purpose: To discuss Q1 FY27 Financial Results.
Governance
Negative
2026-07-31 19:08
CRITICAL RED FLAG DETECTED
- Dr. (Mrs.) Kumuda Raghavan has resigned as an Independent Woman Director of Premier Explosives Limited.
- The resignation is effective from the close of business hours on July 31, 2026.
- Reasons cited are personal commitments and health reasons.
Routine
Neutral
2026-07-10 11:51
New Filing detected. See link for details.
Routine
Neutral
2026-07-09 20:10
New Filing detected. See link for details.
Routine
Neutral
2026-07-09 19:52
New Filing detected. See link for details.
Routine
Neutral
2026-07-09 19:37
New Filing detected. See link for details.
Routine
Neutral
2026-06-26 18:46
- The trading window for Promoters, Directors, and Designated persons will be closed from July 01, 2026.
- It will reopen 48 hours after the Q1 FY27 unaudited financial results (for quarter ending June 30, 2026) are declared.