Premier Explosives FY26 net profit rises 60.5% to ₹458.3 crore
Premier Explosives Limited reported a 60.5% increase in consolidated net profit to ₹458.3 crore for FY26, despite a 7% decline in revenue from operations to ₹3,883.4 crore. The company achieved its highest-ever order book of ₹15,690 crore, with the Defence segment contributing 95%. The Board recommended a final dividend of ₹0.50 per share.
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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. The company has also submitted the newspaper publication of these results to the exchanges.
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.
| Metric (Consolidated) | FY26 (₹ in lakhs) | FY25 (₹ in lakhs) | Change |
|---|---|---|---|
| Net Profit | 4,582.55 | 2,855.00 | +60.50% |
| Revenue from Operations | 38,834.00 | 41,745.00 | -6.97% |
| Total Revenue | 43,048.00 | 41,956.00 | +2.60% |
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.
| Metric (Consolidated) | Q4FY26 (₹ in lakhs) | Q4FY25 (₹ in lakhs) | Change |
|---|---|---|---|
| Net Profit | 660.00 | 370.00 | +78.38% |
| Revenue from Operations | 8,921.00 | 7,408.00 | +20.42% |
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.
Historical Stock Returns for Premier Explosives
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.61% | +18.39% | +46.81% | +63.77% | +30.43% | +2,774.68% |
How will the company manage the conversion of its record ₹15,690 crore order book into revenue given the current raw material price pressures?
What strategies is Premier Explosives employing to mitigate the impact of elevated raw material costs on operating margins in the coming quarters?
With 95% of the order book from the Defence segment, does the company plan to diversify its revenue streams to reduce dependency on a single sector?
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