Key Metrics 
Check Before You Invest 
10 Yrs X-Ray 
Valuation 
Analyst Note 
Qtr. Results 
Financials 
News 
About
Premier Explosives Ltd (PREMEXPLN)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526247 NSE: PREMEXPLN Chemicals | Small Cap | Premier Explosives Share Price
₹673.85 -1.60 (-0.24%)
As on 22-Sep'26 16:59
Premier Explosives Ltd (PREMEXPLN)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526247 NSE: PREMEXPLN Chemicals | Small Cap | Premier Explosives Share Price
₹673.85 -1.60 (-0.24%)
As on 22-Sep'26 16:59
Key Metrics
Valuation Multiples
Market Cap
₹3,623 Cr.
Current Price
₹673.9
52-Week Low / High
₹379 / 830
TTM EPS
₹6.2
TTM Sales
₹349 Cr.
Book Value per Share
₹54.3
P/E Ratio
108.02
Higher than its 5-year historical median
Industry PE
48.3
Price to Book (P/B)
12.40
Higher than its 5-year historical median
Price to Sales (P/S)
10.39
Higher than its 5-year historical median
EV/EBITDA
58.30
Higher than its 5-year historical median
Dividend Yield
0.07%
Profitability Efficiency
Return on Equity (ROE)
17.13%
Outperforms industry median
Return on Capital Employed (ROCE)
21.02%
Outperforms industry median
Return on Assets (ROA)
8.89%
Operating Profit Margin
11.6%
Net Profit Margin
11.8%
Gross Profit Margin
19.9%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-6.97%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-33.37%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
59.48%
Asset Quality
Promoter Holding
41.33%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹281 Cr.
Equity
₹10.8 Cr.
Face Value
₹2
All Time Low / High
₹0.20 / 909.35
Check Before You Invest
Quality
Somewhat GoodValuation
OvervaluedCheck Valuation charts
Price Trend
Semi Strong
Is Premier Explosives Ltd a good quality company?
Premier Explosives Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.
This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.
We have analysed the performance of the company on the following:
-
How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
-
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
-
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.
How does Premier Explosives Ltd performance compare with that of its Peers?
Revenue growth of Premier Explosives Ltd vs industry peers?
Premier Explosives Ltd revenue CAGR is 20.38%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Promoter shareholding and pledge status of Premier Explosives Ltd?
Promoters hold 41.33% of the Premier Explosives Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Stock return of Premier Explosives Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 25.5% based on the current price.
10 Year X-Ray :
Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Premier Explosives Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Value Creation ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 21.3% | 9.3% | 9.1% | -3.5% | -3% | 5.7% | 6.6% | 18% | 16.9% | 20.8% | - |
| Value Creation Index ⓘ | 0.5 | -0.3 | -0.4 | -1.3 | -1.2 | -0.6 | -0.5 | 0.3 | 0.2 | 0.5 | - |
Growth Parameters ⓘ |
|||||||||||
| Sales ⓘ | 231 | 266 | 241 | 157 | 153 | 199 | 202 | 272 | 417 | 388 | 349 |
| Sales YoY Gr. | - | 15.3% | -9.4% | -35% | -2% | 29.8% | 1.5% | 34.5% | 53.6% | -7% | - |
| Adj EPS ⓘ | 3.4 | 1.7 | 2.3 | -1.6 | -0.9 | 1 | 1.5 | 5.2 | 5.3 | 10 | 6.2 |
| YoY Gr. | - | -48.8% | 31.8% | -171.1% | NA | NA | 53.7% | 253.4% | 3.5% | 87.6% | - |
| BVPS (₹) ⓘ | 27.9 | 37 | 39 | 36.5 | 34.4 | 35.4 | 36.3 | 41 | 45.7 | 53.8 | 54.3 |
| Adj Net Profit ⓘ | 15 | 9.2 | 12.3 | -8.7 | -4.6 | 5.1 | 7.8 | 27.7 | 28.7 | 53.9 | 34 |
| Cash Flow from Ops. ⓘ | -6.4 | -21.4 | 48.5 | -8.6 | 10.6 | 0.2 | 19.6 | 79 | 119 | -1.4 | - |
| Debt/CF from Ops. ⓘ | -6 | -2.1 | 0.6 | -7 | 5.8 | 395.2 | 4.4 | 0.8 | 0.4 | -25.4 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 6% | 20.4% | 24.3% | -7% | ||||
| Adj EPS ⓘ | 12.8% | NA | 90% | 87.6% | ||||
| BVPSⓘ | 7.5% | 9.3% | 14% | 17.6% | ||||
| Share Price | 25.4% | 70.6% | 50.1% | 14.4% | ||||
Key Financial Parameters ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 15.8 | 5.7 | 6 | -4.3 | -2.4 | 2.7 | 4.1 | 13.4 | 12.3 | 20.2 | 11.6 |
| Op. Profit Mgn % ⓘ | 12.8 | 7.9 | 10.1 | -2.3 | 4.3 | 11.2 | 13.6 | 21.5 | 13.9 | 11.6 | 6.8 |
| Net Profit Mgn % ⓘ | 6.5 | 3.5 | 5.1 | -5.6 | -3 | 2.6 | 3.9 | 10.2 | 6.9 | 13.9 | 9.6 |
| Debt to Equity ⓘ | 0.3 | 0.2 | 0.1 | 0.3 | 0.3 | 0.4 | 0.5 | 0.3 | 0.2 | 0.1 | - |
| Working Cap Days ⓘ | 140 | 192 | 225 | 303 | 284 | 224 | 262 | 257 | 199 | 212 | 153 |
| Cash Conv. Cycle ⓘ | 86 | 121 | 132 | 165 | 159 | 133 | 181 | 169 | 86 | 79 | 55 |
Valuation of Premier Explosives - Consolidated
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Financials
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 238 | 275 | 253 | 165 | 154 | 199 | 202 | 272 | 417 | 388 |
| Operating Expenses ⓘ + | 208 | 255 | 230 | 170 | 147 | 178 | 176 | 213 | 359 | 350 |
| Operating Profit ⓘ | 30 | 20 | 23 | -5 | 6 | 21 | 26 | 58 | 58 | 39 |
| Operating Profit Margin (%) | 12.6% | 7.2% | 9.2% | -3.2% | 4.1% | 10.5% | 12.8% | 21.5% | 13.9% | 9.9% |
| Other Income ⓘ + | 1 | 2 | 3 | 1 | 1 | 3 | 2 | 4 | 2 | 42 |
| Interest ⓘ | 4 | 5 | 6 | 6 | 7 | 7 | 9 | 11 | 11 | 3 |
| Depreciation ⓘ | 4 | 4 | 4 | 5 | 6 | 10 | 10 | 12 | 11 | 12 |
| Profit Before Tax ⓘ | 23 | 13 | 16 | -15 | -15 | 7 | 9 | 41 | 38 | 60 |
| Tax ⓘ | 7 | 5 | 5 | -5 | -4 | 2 | 2 | 12 | 9 | 15 |
| Profit After Tax | 15 | 8 | 11 | -10 | -11 | 5 | 7 | 28 | 29 | 46 |
| PAT Margin (%) | 6.5% | 2.9% | 4.5% | -6.1% | -7.1% | 2.6% | 3.5% | 10.5% | 6.9% | 11.8% |
| Adjusted EPS (₹) | 3.5 | 1.5 | 2.1 | -1.9 | -2.0 | 1.0 | 1.3 | 5.3 | 5.3 | 8.5 |
| Dividend Payout Ratio (%) | 17.30% | 32.60% | 25.60% | 0% | 0% | 30.40% | 26.50% | 9.50% | 9.40% | 5.90% |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 125 | 197 | 210 | 196 | 185 | 189 | 195 | 220 | 246 | 289 | |
| Debt + | 38 | 44 | 25 | 55 | 55 | 73 | 80 | 54 | 36 | 24 | |
| Minority Interest | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| Trade Payables | 13 | 22 | 26 | 19 | 17 | 21 | 16 | 16 | 117 | 42 | |
| Others Liabilities ⓘ | 56 | 65 | 53 | 52 | 45 | 45 | 65 | 168 | 135 | 141 | |
| Total Liabilities ⓘ | 234 | 329 | 315 | 324 | 303 | 330 | 357 | 459 | 534 | 497 | |
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 104 | 105 | 117 | 116 | 184 | 180 | 189 | 200 | 199 | 187 | |
| CWIP ⓘ | 4 | 16 | 35 | 62 | 2 | 4 | 2 | 3 | 3 | 26 | |
| Investments ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Inventories | 35 | 37 | 34 | 42 | 37 | 38 | 80 | 88 | 153 | 103 | |
| Trade Receivables | 56 | 98 | 65 | 48 | 46 | 72 | 54 | 73 | 38 | 53 | |
| Cash Equivalents | 5 | 39 | 30 | 16 | 6 | 5 | 7 | 29 | 101 | 60 | |
| Others Assets ⓘ | 29 | 34 | 34 | 41 | 29 | 32 | 25 | 66 | 39 | 67 | |
| Total Assets ⓘ | 234 | 329 | 315 | 324 | 303 | 330 | 357 | 459 | 534 | 497 | |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | -7 | -24 | 50 | -6 | 10 | -2 | 21 | 79 | 118 | -1 |
| Cash Flow From Investing Activity ⓘ + | -9 | -46 | -26 | -14 | -4 | -11 | -16 | -25 | -11 | -27 |
| Cash Flow From Financing Activity ⓘ + | 14 | 71 | -24 | 20 | -7 | 13 | -6 | -34 | -34 | -14 |
| Net Cash Flow ⓘ | -3 | 1 | 0 | -1 | -1 | -0 | -0 | 20 | 73 | -42 |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 16.23 | 5 | 5.54 | -4.94 | -5.75 | 2.79 | 3.63 | 13.7 | 12.33 | 17.13 |
| ROCE (%) | 21.5 | 8.87 | 8.89 | -3.68 | -3.26 | 5.58 | 6.7 | 18.28 | 17.12 | 21.02 |
| Asset Turnover Ratio | 1.44 | 1 | 0.79 | 0.52 | 0.49 | 0.63 | 0.59 | 0.67 | 0.84 | 0.75 |
| PAT to CFO Conversion(x) | -0.47 | -3 | 4.55 | N/A | N/A | -0.4 | 3 | 2.82 | 4.07 | -0.02 |
| Working Capital Days | ||||||||||
| Receivable Days | 68.50 | 100.20 | 117.50 | 125.20 | 111.20 | 107.60 | 113.10 | 84.80 | 48.40 | 43 |
| Inventory Days | 39.90 | 47.20 | 51.50 | 84.20 | 93.50 | 68.20 | 106.10 | 112.60 | 105.50 | 120.50 |
| Payable Days | 36.30 | 38.80 | 58.70 | 96 | 88.80 | 71.50 | 77.60 | 51.70 | 101 | 128.90 |
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Premier Explosives Ltd FAQs
The current trading price of Premier Explosives on 22-Sep-2026 16:59 is ₹673.9.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Sep-2026 the market cap of Premier Explosives stood at ₹3,622.7 Cr
The latest P/E ratio of Premier Explosives as of 21-Sep-2026 is 108.0.
The latest P/B ratio of Premier Explosives as of 21-Sep-2026 is 12.40.
The 52-week high of Premier Explosives is ₹830.0 and the 52-week low is ₹378.8.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Premier Explosives is ₹349 ( Cr.) .
Past 10 year's financial track record analysis by Moneyworks4me indicates that Premier Explosives Ltd is a average quality company.
The key valuation ratios of Premier Explosives Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Premier Explosives Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
About Premier Explosives Ltd
Premier Explosives Limited (PEL) is one of the major companies manufacturing the entire range of explosives and accessories for the civil requirement. Starting as a Small Scale unit in 1980, it was founded by A.N.Gupta, a Gold Medallist in Mining Engineering. Its current turnover is about Rs. 600 million per year. The export earnings of the company are about Rs. 200 million per year.
PEL is the first manufacturer in India to deploy totally indigenous technology. PEL today has the widest range of products and technologies in the manufacture of Explosives & Accessories. These include Emulsion and Slurry explosives, LD cartridge explosives, Bulk Explosives, Small-dia non-permitted explosives, Permitted explosives, Cast Boosters, Pillow-packs for secondary blasting; Detonating Fuse of various core-loads, Plain detonators, Instantaneous Electric Detonators, Electric Delay Detonators, Permitted Detonators, Cord Relays and Amardet NoN Electirc Shock-tube Detonators.
PEL has constantly innovated and upgraded its products and technology to offer “state-of-the-art†products to its valued customers both in India and abroad. Commitment to quality, Safety, Health & Environment are the way of life at PEL.
PEL’s R &D facility is recognized by the Centre for Scientific and Industrial Research (CSIR), Government of India, as an established research centre. It is also recognized as a research base for Ph.D. work by the Osmania University, Andhra Pradesh.
The wide distribution network comprising of magazines Consignment Agents, Dealers and Handling Agents, located across the country, ensure ready stock and prompt delivery to customers even in remote locations.
There is a team of highly experienced and qualified sales and Technical Service engineers to provide full support on applications, safety and handling of explosives and accessories to customers. This is backed by a team of export mining/blasting engineers at the Technical Services group located at headquarters.
Apart from providing regular support services to customers, PEL also undertakes complete drilling & blasting contracts in collaboration with associates having resources of drilling and excavation equipment & manpower.
Product range of the company includes:
Manufacturers of the entire range of Explosives and Accessories in India.
- Plain Detonators
- Instant Electric Detonators
- Copper Electric Detonators
- Copper Delay Detonators
- Short Delay Detonators
- Ling Delay Detonators
- Cord Delay Detonators
- Ultra Safe Green Detonators
- Seismic Electric Detonators
- Non Electric Detonators
- Detonating Cord - Premier Cord is a reliable, flexible, waterproof fuse with high tensile strength and abrasion resistance. It is an ideal means of transmitting detonation to an explosive charge
Milestones
- Incorporation of Company 14th Feb. -1980
- Start of Explosives Production -1980
- Start of Detonating Fuse Production -1984
- Start of Detonators Production -1990
- Start of Bulk Explosives Production -1991
- Recognition of R&D centre by Department of Science & Technology, Government of India -1993
- Start of Mushrooms production -1997
- ISO Certification -2001
- Mr. A.N.Gupta appointed as Chairman, Explosives Dev. Council, Min. of Commerce, Govt. of India -2002
- CE Certification for Detonating Cord -2003
- Start of Premier Research Development Centre -2004
- Start of Special Products Division -2006
- CE Certification for Detonators -2007
- Hive off of Mushroom division -2007
- Operation & Maintenance Contract with SHAR -2007
- Start of backward integration unit as a subsidiary Company “Premier Wire Products Limited†for manufacture of G.I. Wire. Company started commercial production on 13.02.2009
Achievements/ recognition:
- Best R & D effort Award for the year 2006 from All India Manufacturers Association (Andhra Pradesh State Board) 2007
- Highest rating in the ranking of India’s Top 500 Manufacturing Small and Mid sized company rating 2007
- “Industry Appreciation†Award by NSTL, Vizag. 2007
- “Best Greenery Development†award from Andhra Pradesh Pollution Control Board (PEL-PDK) 2006
- “Certificate of Appreciation†by Rotary Club of Secunderabad to Mr.A.N.Gupta for Drinking Water Project & organizing Medical Camps at remove villages 2006
- “Best Technology Development†in R&D Award for the year 2004-05 by Federation of Andhra Pradesh Chambers of Commerce & Industry (FAPCCI), A.P. 2006
- “Best Greenery Development†award from Andhra Pradesh Pollution Control Board (PEL-PDK) 2004
- Certificate of Export Recognition by Chemicals & Allied Products Export Promotion Council 2004
- Mr.A.N.Gupta CMD elected President of Explosives Manufactures Association of India. 2003
- “Best Industrial Relations†award received from Labour Department, Govt. of A.P. (PEL-GDK) 2003
- Mr.A.N.Gupta CMD appointed as Chairman of Explosives Development Council by Ministry of Commerce & Industry, Govt. Of India. Feb. 2002.
- Best Export performance award by VSEZ Vishakapatnam Special Economic Zone (VSEZ) 2001-2002
- “Best Industrial Relations†award received from Labour Department, Govt. of A.P. (PEL-GDK) 1989
You have 47 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
