Premier explosives Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, presenting a mixed performance with quarterly profit decline offset by improved nine-month results. The Board of Directors approved these results on February 12, 2026, following review by the Audit Committee and limited review by statutory auditors.

Financial Performance Overview

The company's quarterly performance showed challenges with net profit declining to ₹604.02 lakhs in Q3FY26 from ₹918.79 lakhs in Q3FY25. However, the nine-month period demonstrated resilience with net profit increasing substantially to ₹3922.96 lakhs compared to ₹2485.38 lakhs in the corresponding previous period.

Revenue and Operational Metrics

Revenue from operations experienced a significant decline, dropping to ₹8140.91 lakhs in Q3FY26 from ₹16591.50 lakhs in Q3FY25. The nine-month revenue from operations stood at ₹29913.27 lakhs compared to ₹34336.86 lakhs in the previous year. Other income contributed ₹43.46 lakhs in Q3FY26, substantially lower than the ₹2306.91 lakhs recorded in Q2FY26.

Cost Structure and Expenses

The company's cost management showed mixed results across different expense categories:

Exceptional Items and Special Circumstances

The company recognized exceptional expenses totaling ₹520 lakhs for the nine-month period, representing ex-gratia compensation extended to employees affected by an accident at the manufacturing facility. This included ₹120 lakhs during Q2FY26. Additionally, the company had previously recognized a purchase discount of ₹2246.39 lakhs in Q2FY26 pursuant to a commercial settlement with a supplier, which was recorded as other income.

Earnings Per Share and Comprehensive Income

Basic and diluted earnings per share for Q3FY26 stood at ₹1.13 compared to ₹1.71 in Q3FY25. For the nine-month period, EPS improved to ₹7.30 from ₹4.62 in the previous year. Total comprehensive income for Q3FY26 was ₹580.82 lakhs after accounting for other comprehensive income of ₹(23.20) lakhs.

Consolidated Results

On a consolidated basis, the company reported net profit of ₹608.86 lakhs for Q3FY26 compared to ₹923.30 lakhs in Q3FY25. Nine-month consolidated net profit increased to ₹3924.29 lakhs from ₹2498.67 lakhs. The consolidated results include subsidiaries Premier Wire Products Limited, PELNEXT Defense Systems Private Limited, and joint venture Global Premier Limited.

Business Segment and Regulatory Updates

The company operates in the "High Energy Materials" business segment and has only one reportable segment. Recent regulatory changes include the implementation of four consolidated labor codes by the Government of India, effective November 21, 2025. The company assessed the impact of these changes as not material based on available information and guidance from the Institute of Chartered Accountants of India.

Premier Explosives Limited has secured a substantial international purchase order worth USD 1,928,000, equivalent to approximately ₹17.68 crores, for the supply of rocket motors. The company announced this development through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details and Specifications

The purchase order encompasses the supply of rocket motors to an international entity, with delivery scheduled within a 12-month timeframe. The order represents a significant business milestone for the defense manufacturing company, highlighting its capabilities in specialized defense equipment production.

Regulatory Compliance and Transparency

Premier Explosives Limited has provided comprehensive disclosure details as required under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has confirmed that the order involves no related party transactions and maintains arm's length dealing principles.

Key Compliance Aspects

• No promoter or promoter group interest in the awarding entity
• Transaction does not fall under related party categories
• International client operates independently from company affiliations
• Full regulatory disclosure provided to stock exchanges

Business Impact and Market Position

This international order reinforces Premier Explosives Limited's position in the global defense supply chain. The 12-month execution timeline provides the company with a structured delivery schedule, allowing for efficient production planning and resource allocation. The order value of ₹17.68 crores represents a substantial addition to the company's order book.

The successful acquisition of this international contract demonstrates the company's competitive capabilities in rocket motor manufacturing and its ability to meet stringent international quality and delivery standards. The transaction strengthens Premier Explosives' international business relationships and showcases its technical expertise in specialized defense equipment manufacturing.