On 6 Nov 2026, Premier Explosives was priced at ₹509.70, or 81.7× trailing earnings, against an industry P/E of 22.1×, and the shares are 39% below their 52-week high. Sales and net profit grew 24% and 88% a year over 3 years, with ROCE of 19% and ROE of 17%. Debt is 0.11× equity, and its dividend yield is 0.1%. It is a small-cap company with a market cap of ₹2,741 Cr, ranked 50th of 204 Specialty Chemicals companies by market cap; the shares fell 16% over the past year.
- ₹521.85
- ₹521.85
- ₹500.50
- ₹521.95
- 1.6 L
Health check
- ReturnsBehind
−15.9% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 81.7 vs industry 22.1.
- GrowthStrong
Sales +24.3%, profit +87.9% a year over 3 years.
- ProfitabilityAverage
ROCE 18.9% vs peer median 24.4%.
- Balance sheetSolid
Debt 0.11× equity, interest covered 49.1×, Piotroski 6 of 9.
- Red flags4 to check
Quarterly profit down 80.0% on a year ago.
Small cap
High beta
Key metrics
- Market cap
- ₹2,741 Cr
- Small cap
- P/E
- 81.7
- Industry 22.1
- Price to book
- 9.51
- Peers 13.33
- Dividend yield
- 0.10%
- ROE
- 17.1%
- Peers 23.0%
- ROCE
- 18.9%
- Peers 24.4%
- Debt to equity
- 0.11
- Debt ₹32 Cr
- EPS (TTM)
- ₹6.24
- Face value ₹2
- OPM (TTM)
- 6.8%
- Net margin 9.6%
- Sales growth
- −27.8%
- Latest quarter vs a year ago
- Profit growth
- −80.0%
- Latest quarter vs a year ago
- Price to sales
- 7.86
- EV/EBITDA 114.4
Strengths and risks
Risks to check
- Quarterly profit down 80.0% on a year ago.
- Quarterly sales down 27.8% on a year ago.
- P/E of 81.7 against an industry P/E of 22.1.
- 39% below its 52-week high.
About Premier Explosives
Premier Explosives Limited manufactures and sells high energy materials and allied products in India and internationally. The company provides bulk and packaged explosives, detonators, detonating fuses, solid propellants, pyrogen igniters and initiators, pyro devices, warheads, ammunition, chaffs, flares, fully assembled rocket motors, explosive bolts, pyro actuators, smoke markers, cable cutters and other products. It also operates and maintains solid…
- Headquarters
- Secunderabad
- Employees
- 844
- Sector
- Basic Materials
- ISIN
- INE863B01029
- Website
- pelgel.com
Price range
- Avg volume (3M)
- 2.4 L
- 1-year return
- minus 15.9%
- From 52-week high
- minus 38.6%
Peers · Specialty Chemicals
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ASIANPAINTAsian Paints | 2,546.00 | plus 0.88% | 2,44,025 | 50.5 | 35.0 | 24.4% | 18.9% | 0.21 | 1.1% | plus 1.5% |
| SOLARINDSSolar Industries India | 18,608.00 | plus 0.48% | 1,68,384 | 74.4 | 64.1 | 29.5% | 27.8% | 0.22 | 12.4% | plus 35.9% |
| PIDILITINDPidilite Industries | 1,579.00 | plus 1.63% | 1,60,827 | 60.0 | 44.4 | 28.5% | 23.5% | 0.03 | 7.4% | plus 6.8% |
| LINDEINDIALinde India | 6,859.00 | plus 8.73% | 58,496 | 118.4 | 64.2 | 16.3% | 31.5% | 0.23 | – | plus 5.4% |
| BERGEPAINTBerger Paints India | 478.35 | minus 5.28% | 55,776 | 45.4 | 29.4 | 20.6% | 15.3% | 0.15 | 4.2% | minus 6.0% |
| FLUOROCHEMGujarat Fluorochemicals | 4,665.50 | minus 0.94% | 51,251 | 75.9 | 44.0 | 9.6% | 24.1% | 0.26 | −4.5% | plus 28.0% |
| ACUTAASAcutaas Chemicals | 3,786.60 | plus 0.42% | 31,001 | 70.9 | 64.1 | 27.7% | 39.4% | 0.01 | 29.4% | plus 105.6% |
| PREMEXPLNPremier Explosives | 509.70 | minus 2.35% | 2,741 | 81.7 | 53.1 | 18.9% | 6.8% | 0.11 | 24.3% | minus 15.9% |
| Median of 7 peers | – | 0.48% | 58,496 | 70.9 | 44.4 | 24.4% | 24.1% | 0.21 | 5.8% | 6.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 142 | 75.6 | 81.4 | 89.2 | 103 | |
| 121 | 69.1 | 69.8 | 89.6 | 96.7 | |
| 20.9 | 6.5 | 11.7 | −0.4 | 5.9 | |
| 14.7% | 8.6% | 14.3% | −0.4% | 5.7% | |
| 5.9 | 23.1 | 0.4 | 12.8 | 1.8 | |
| 1 | 0.7 | 0.9 | 0.7 | 0.6 | |
| 2.9 | 2.9 | 3 | 2.8 | 2.9 | |
| −4 | −1.2 | – | – | – | |
| 18.8 | 24.7 | 8.2 | 8.8 | 4.2 | |
| 18.4% | 27.9% | 25.3% | 25.4% | 26.0% | |
| 15.3 | 17.8 | 6.1 | 6.6 | 3.1 | |
| 2.85 | 3.32 | 1.13 | 1.22 | 0.57 |
Profit & loss
- Sales CAGR 3Y
- +24.3%
- Profit CAGR 3Y
- +87.9%
- EPS CAGR 3Y
- +87.9%
- ROE
- 17.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 202 | 270 | 416 | 387 | |
| – | +34.2% | +54.0% | minus 7.0% | |
| 172 | 209 | 358 | 336 | |
| 29.2 | 61.7 | 58.3 | 51.3 | |
| 14.5% | 22.8% | 14.0% | 13.3% | |
| −2 | 0.5 | −2.1 | 29.1 | |
| 6.2 | 6.9 | 6.6 | 1.3 | |
| 9.8 | 11.5 | 11.5 | 11.7 | |
| −1.8 | −3.1 | −0.3 | −7 | |
| 9.3 | 40.6 | 37.8 | 60.5 | |
| 25.3% | 30.0% | 24.0% | 24.3% | |
| 6.9 | 28.4 | 28.7 | 45.8 | |
| – | +310.5% | +1.2% | +59.7% | |
| 1.28 | 5.27 | 5.34 | 8.52 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.8 | 10.8 | 10.8 | 10.8 | |
| 184 | 209 | 235 | 278 | |
| 83 | 61.5 | 40.6 | 32.3 | |
| 78.3 | 160 | 242 | 162 | |
| 356 | 442 | 528 | 483 | |
| 186 | 198 | 200 | 217 | |
| 4 | 4.9 | 6.9 | 35.3 | |
| 5.2 | – | – | – | |
| 1.1 | 20.3 | 93.2 | 50.8 | |
| 159 | 218 | 228 | 180 | |
| 356 | 442 | 528 | 483 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 21.1 | 79 | 118 | −1.3 | |
| −15.7 | −25.3 | −11.2 | −26.7 | |
| −5.6 | −33.8 | −34.3 | −14.4 | |
| −0.1 | 19.8 | 73 | −42.3 | |
| −14.3 | −23.4 | −13.4 | −27.8 | |
| 6.8 | 55.6 | 105 | −29.1 | |
| −1.6 | −1.8 | −2.7 | −2.7 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 11.5% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.