Premier Explosives Limited has reported its audited financial results for the financial year ended March 31, 2026, posting a consolidated net profit of ₹458.3 crore, a 60.5% increase from ₹285.5 crore in the previous year. Revenue from operations for FY26 stood at ₹3,883.4 crore, down 7% from ₹4,174.5 crore in FY25. The Board of Directors, at their meeting held on May 29, 2026, recommended a final dividend of ₹0.50 per equity share of ₹2 each, subject to shareholder approval at the ensuing Annual General Meeting.

FY26 Financial Performance

The company recorded a profit before tax of ₹656.3 crore for FY26, a significant increase from ₹375.4 crore in the previous year. Total revenue for the year was ₹4,304.8 crore. The statutory auditors, M/s. Majeti & Co., issued an unmodified opinion on the standalone and consolidated financial statements.

Q4 Performance

For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹66 crore, up from ₹37 crore in the same period last year. Revenue for Q4FY26 rose to ₹892.1 crore from ₹740.8 crore in Q4FY25. However, at the operating level, Q4 EBITDA recorded a loss of ₹0.32 crore against a gain of ₹9.56 crore in the same quarter of the previous year, reflecting pressure on operating profitability during the quarter due to elevated raw material prices.

Order Book and Operational Highlights

The company secured its highest-ever order book of ₹15,690 crore as of May 2026, with 95% contribution from the Defence segment, providing strong revenue visibility. Q4FY26 revenue growth was led by the Defence & Space segment, which contributed 76% of total revenue at ₹677 crore. The financial results include an exceptional item of ₹5.2 crore towards ex-gratia compensation for employees. Additionally, the company recognized an insurance claim receivable of ₹6.1 crore regarding damages to plant and machinery aggregating to ₹7.1 crore, with the balance charged to the Statement of Profit and Loss.

Dividend Declaration

The Board recommended a dividend of ₹0.50 per equity share, equivalent to 25%, for the financial year 2025-26. This payout is subject to the approval of shareholders at the 46th Annual General Meeting. The record date and book closure dates for the dividend will be announced in due course.

Premier Explosives Limited has secured export orders worth INR 33.69 crores for the supply of Rocket Motors to an international client. The company disclosed this information to the stock exchanges in a filing dated May 05, 2026. The orders are scheduled to be delivered over a period of 18 months.

Order Details

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided specific details regarding the nature and execution of the order in an annexure submitted to the exchanges.

The following table outlines the key particulars of the order:

Compliance and Disclosures

Premier Explosives Limited clarified that the promoter, promoter group, or group companies do not hold any interest in the entity that awarded the order. Furthermore, the company stated that the transaction does not fall within related party transactions. The filing was signed by K. Jhansi Laxmi, Company Secretary of Premier Explosives Limited, and was addressed to the General Manager of the Department of Corporate Relations at BSE Limited and the Vice President of the Listing Department at the National Stock Exchange of India Limited.