What does Prem. Explosives do?

Premier Explosives Ltd manufactures explosives and detonators, focusing on research and innovation since its establishment in 1980. As of March 2025, it reported net sales of 74 Cr and a net profit of 4 Cr, with a market cap of Rs 3,223 Cr.

Overview:<BR>Premier Explosives Ltd is a company engaged in the manufacturing of explosives and detonators, operating within the Other Chemical products industry and classified as a Small Cap entity.<BR><BR>History:<BR>Established in 1980 by Dr. A.N. Gupta, Premier Explosives has maintained a focus on research and innovation. The latest financial results reported are for the quarter ending March 2025, showcasing the company's ongoing operations.<BR><BR>Financial Snapshot:<BR>- Net Sales: 74 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 4 Cr (Quarterly Results - Mar 2025)<BR>- Market cap: Rs 3,223 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 114.00<BR>- Industry P/E: 47<BR>- Dividend Yield: 0.08%<BR>- Debt Equity: -0.25<BR>- Return on Equity: 11.68%<BR>- Price to Book: 13.29<BR><BR>Contact Details:<BR>Address: Premier House 11 Ishaq Colony, Near AOC Centre Secunderabad Andhra Pradesh : 500015<BR>Tel: 91-40-66146801-5<BR>Email: investors@pelgel.com<BR>Website: http://www.pelgel.com

Who are in the management team of Prem. Explosives?

As of March 2022, the management team of Prem. Explosives includes A N Gupta (Chairman), T V Chowdary (Managing Director), and several independent directors, along with a company secretary, K Jhansi Laxmi. The team features a mix of executive and independent members.

As of March 2022, the management team of Prem. Explosives includes the following individuals:<BR><BR>1. A N Gupta - Chairman (Non-Executive)<BR>2. T V Chowdary - Managing Director<BR>3. Kailash Gupta - Director<BR>4. AnilKumar Mehta - Independent Director<BR>5. P R Tripathi - Independent Director<BR>6. A Venkataraman - Independent Director<BR>7. K Rama Rao - Independent Director<BR>8. P R Kumar - Independent Director<BR>9. Y Durga Prasad Rao - Director (Operation)<BR>10. K Jhansi Laxmi - Company Secretary & Compliance Officer<BR>11. Shonika Prasad - Director<BR><BR>This team comprises a mix of executive and independent directors, along with a company secretary.

Has Prem. Explosives declared dividend?

Yes, Premier Explosives Ltd has declared a 25% dividend, amounting to ₹0.5 per share, with an ex-date of September 20, 2024. The company has demonstrated strong performance, with significant price appreciation and a total return of 3836.14% over the past five years.

Premier Explosives Ltd has declared a 25% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 25%<BR>- Amount per share: 0.5<BR>- Ex-date: 20 Sep 24<BR><BR>Dividend Yield: 0.08%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 27.32%, with a dividend return of 0%, resulting in a total return of 27.32%.<BR><BR>Over the past year, the price return was 29.58%, with a dividend return of 0.08%, leading to a total return of 29.66%.<BR><BR>In the 2-year period, the price return reached 580.33%, while the dividend return was 2.48%, culminating in a total return of 582.81%.<BR><BR>For the 3-year period, the price return was 855.43%, with a dividend return of 6.26%, resulting in a total return of 861.69%.<BR><BR>In the last 4 years, the price return was 1911.14%, and the dividend return was 12.17%, giving a total return of 1923.31%.<BR><BR>Over the past 5 years, the price return was 3817.82%, with a dividend return of 18.32%, resulting in a total return of 3836.14%.<BR><BR>Overall, Premier Explosives Ltd has shown significant price appreciation over the years, with a gradual increase in dividend returns, indicating a strong performance in both price and dividends.

Who are the peers of the Prem. Explosives?

Peers of Prem. Explosives include Solar Industries, Linde India, PCBL Chemical, and others, with varying management and growth risks. Refex Industries leads in 1-year returns at 268.37%, while Prem. Explosives has a return of 9.09%.

Peers: The peers of Prem. Explosives are Solar Industries, Linde India, PCBL Chemical, Refex Industries, GOCL Corpn., Stallion India, DIC India, Keltech Energies, and Beezaasan Exp.<BR><BR>Quality Snapshot: Excellent management risk is observed at Solar Industries and Beezaasan Exp., while Good management risk is found at Linde India and PCBL Chemical. Average management risk is present at Refex Industries, Prem. Explosives, GOCL Corpn., Stallion India, DIC India, and Keltech Energies. Below Average management risk is noted at Natl. Oxygen. Excellent growth is seen at Solar Industries, PCBL Chemical, Refex Industries, Stallion India, and Keltech Energies, while Good growth is observed at Prem. Explosives and Beezaasan Exp. Below Average growth is found at Linde India, GOCL Corpn., and DIC India. Average growth is noted at Keltech Energies. Excellent capital structure is present at Solar Industries, Linde India, Refex Industries, Stallion India, and DIC India, while Average capital structure is found at PCBL Chemical and Good capital structure is noted at Keltech Energies. Below Average capital structure is observed at Prem. Explosives, GOCL Corpn., and Beezaasan Exp.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Refex Industries at 268.37%, while the peer with the lowest 1-year return is Linde India at -15.11%. Prem. Explosives has a 1-year return of 9.09%, which is higher than Linde India but significantly lower than Refex Industries. Additionally, GOCL Corpn. and DIC India have negative six-month returns.

Is Prem. Explosives overvalued or undervalued?

As of March 18, 2025, Prem. Explosives is considered very expensive and overvalued, with a high PE ratio of 111.53, Price to Book Value of 13.02, and EV to EBITDA ratio of 54.96, significantly exceeding its peers like Solar Industries and Godrej Industries.

As of 18 March 2025, the valuation grade for Prem. Explosives has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently deemed overvalued based on its high PE ratio of 111.53, a Price to Book Value of 13.02, and an EV to EBITDA ratio of 54.96. These ratios suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to its peers, Prem. Explosives has a substantially higher PE ratio than Solar Industries at 123.77 and Godrej Industries at 46.63, which reflects its very expensive valuation status. Additionally, the PEG ratio of 93.03 further emphasizes the overvaluation, particularly when juxtaposed with Godrej Industries' PEG of 0.03. Despite the company's strong returns over various periods, including a 3-year return of 855.06% compared to the Sensex's 49.14%, the current valuation metrics suggest that Prem. Explosives is overvalued in the market.

Who are the top shareholders of the Prem. Explosives?

The top shareholders of Prem. Explosives include Amarnath Gupta with 24.37%, HDFC Mutual Fund (8.02%), and individual investors with 35.29%. Additionally, mutual funds hold 8.03%, and 20 foreign institutional investors hold 0.72%, with no pledged promoter holdings reported.

The top shareholders of Prem. Explosives include Amarnath Gupta, who holds the highest promoter stake at 24.37%. In terms of public shareholders, HDFC Mutual Fund, specifically through the HDFC Defence Fund, is the largest with a holding of 8.02%. Additionally, individual investors collectively hold 35.29% of the shares. The company also has mutual funds involved, with two schemes holding a total of 8.03%, and there are 20 foreign institutional investors (FIIs) holding 0.72%. There are no pledged promoter holdings reported.

How big is Prem. Explosives?

As of 24th July, Premier Explosives Ltd has a market capitalization of 2,721.00 Cr, with Net Sales of 417.46 Cr and a Net Profit of 28.70 Cr reported in the latest four quarters.

As of 24th July, Premier Explosives Ltd has a market capitalization of 2,721.00 Cr, classifying it as a Small Cap company.<BR><BR>In the latest four quarters, Premier Explosives reported Net Sales of 417.46 Cr and a Net Profit of 28.70 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 220.17 Cr and Total Assets of 441.93 Cr.

When is the next results date for Prem. Explosives?

Prem. Explosives will declare its results on 12 August 2025.

Prem. Explosives will declare its results on 12 August 2025.

Are Prem. Explosives latest results good or bad?

Premier Explosives' latest results are strong, with a 154.3% increase in Profit After Tax and a 71.55% rise in net sales compared to the previous year. However, previous quarter results showed declines, indicating potential volatility in future performance.

Premier Explosives has reported strong financial results for the quarter ending June 2025, indicating a positive performance overall. The company achieved a Profit After Tax (PAT) of Rs 18.61 crore, which is a remarkable year-on-year increase of 154.3%. Additionally, net sales rose significantly to Rs 142.15 crore, reflecting a 71.55% growth compared to the previous year.<BR><BR>The operating profit to interest ratio improved to 20.48 times, showcasing the company's enhanced ability to manage interest payments. Profit Before Tax (PBT) also saw a healthy increase of 78.02%, reaching Rs 16.93 crore. Furthermore, the earnings per share (EPS) reached Rs 2.86, indicating increased profitability for shareholders.<BR><BR>On the liquidity front, Premier Explosives reported its highest cash and cash equivalents in the last six half-yearly periods at Rs 101.31 crore, and the debt-equity ratio is at its lowest in five half-yearly periods at 0.17 times, suggesting a strong financial position with reduced borrowing.<BR><BR>However, it's worth noting that the previous quarter's results showed a decline in net sales and net profit, with a significant drop in growth rates compared to the previous year. This indicates some volatility in performance. Overall, while the latest results are strong, the contrasting figures from the previous quarter suggest that the company may face challenges moving forward.

Is Prem. Explosives technically bullish or bearish?

As of November 6, 2025, Prem. Explosives shows a mildly bullish trend supported by positive MACD and Bollinger Bands, though mixed signals from the KST and Dow Theory suggest caution due to recent price declines.

As of 6 November 2025, the technical trend for Prem. Explosives has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on both weekly and monthly time frames, and mildly bullish Bollinger Bands on the same time frames. The daily moving averages also indicate a mildly bullish trend. However, the KST shows a mixed signal with a bullish weekly reading and a mildly bearish monthly reading. The Dow Theory indicates no clear trend in both weekly and monthly perspectives. Overall, while the indicators suggest a positive bias, the strength is tempered by mixed signals and recent price declines.

How has been the historical performance of Prem. Explosives?

Prem. Explosives has experienced significant growth in net sales, increasing from 202.03 Cr in March 2023 to 417.45 Cr in March 2025, with a healthy profit after tax margin of 6.88% and improved cash flow, indicating strong financial performance and resilience.

Answer:<BR>The historical performance of Prem. Explosives shows significant growth in net sales and profitability over the years, particularly from March 2023 to March 2025.<BR><BR>Breakdown:<BR>Prem. Explosives has demonstrated a strong upward trend in net sales, increasing from 202.03 Cr in March 2023 to 417.45 Cr in March 2025. This growth is accompanied by a rise in total operating income, which mirrors the sales figures. The company's raw material costs surged to 268.20 Cr in March 2025, reflecting the increased scale of operations. Operating profit, excluding other income, was 57.97 Cr in March 2025, slightly down from 58.50 Cr in March 2024, but significantly higher than the 25.92 Cr recorded in March 2023. Profit before tax also showed a positive trend, reaching 37.80 Cr in March 2025, while profit after tax was 28.73 Cr, indicating a healthy PAT margin of 6.88%. The company's total assets rose to 528.31 Cr in March 2025, up from 441.93 Cr in March 2024, with total liabilities also increasing to 528.31 Cr. Cash flow from operating activities improved significantly to 118.00 Cr in March 2025, contributing to a net cash inflow of 72.00 Cr, showcasing the company's enhanced liquidity position. Overall, Prem. Explosives has shown resilience and growth in its financial performance over the past few years.

Should I buy, sell or hold Prem. Explosives?

Should I buy, sell or hold Prem. Explosives?

Which are the latest news on Prem. Explosives?

Which are the latest news on Prem. Explosives?

Why is Premier Explosives Ltd falling/rising?

As of 23-Dec, Premier Explosives Ltd's stock is declining by 0.49% after two days of gains, reflecting a potential shift in market sentiment and underperformance compared to its sector. Despite strong long-term growth, concerns over valuation and recent price declines contribute to the stock's current downward trend.

As of 23-Dec, Premier Explosives Ltd's stock price is currently falling, with a change of -2.55, representing a decrease of 0.49%. This decline follows a trend reversal after two consecutive days of gains, indicating a potential shift in market sentiment. The stock has underperformed its sector by 1.01% today, which may contribute to the downward pressure on its price.<BR><BR>Despite some positive indicators, such as a significant increase in delivery volume by 56.5% against the 5-day average, the stock's performance over the past month shows a decline of 6.07%, contrasting with a modest gain of 0.34% for the Sensex. Year-to-date, Premier Explosives Ltd has also underperformed, with a slight decrease of 0.35% compared to the Sensex's gain of 9.45%.<BR><BR>While the company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 27.66% and operating profit at 38.85%, the stock's valuation appears expensive with a Price to Book Value of 10.2 and a return on equity (ROE) of 18.2. This may deter some investors, especially given that the stock has only generated a return of 1.19% over the past year despite a significant profit increase of 107.6%. <BR><BR>Overall, the combination of recent price declines, underperformance relative to the sector, and concerns over valuation may explain why Premier Explosives Ltd's stock is currently falling.

Why is Premier Explosives Ltd falling/rising?

As of 24-Dec, Premier Explosives Ltd's stock price is at 514.00, down 1.41%, and has underperformed the market with a -6.24% return over the past year. Despite strong long-term growth indicators, the stock's high valuation and recent consecutive losses contribute to its bearish trend.

As of 24-Dec, Premier Explosives Ltd's stock price is falling, currently at 514.00, reflecting a decrease of 7.35 (-1.41%). The stock has been underperforming compared to the broader market, particularly over the last year, where it has generated a return of -6.24%, while the market (BSE500) has seen a positive return of 6.20%. This significant underperformance is a key factor contributing to the stock's decline.<BR><BR>Additionally, the stock has experienced consecutive losses over the past two days, with a total drop of -2.14% during this period. Although there has been a rise in investor participation, as indicated by a 5.64% increase in delivery volume, the stock is still trading below several moving averages, specifically the 20-day, 50-day, and 100-day moving averages, which suggests a bearish trend.<BR><BR>Furthermore, despite healthy long-term growth indicators, such as a 27.66% annual growth rate in net sales and a 38.85% increase in operating profit, the stock's valuation appears expensive with a price-to-book ratio of 10. This high valuation, combined with the stock's negative performance relative to its peers, contributes to the current downward pressure on its price.

Why is Premier Explosives Ltd falling/rising?

As of 25-Dec, Premier Explosives Ltd's stock price is at 514.00, down -1.41% and significantly underperforming the market with a -6.24% return over the past year. Despite some institutional interest, high valuation concerns and negative performance trends indicate caution among investors.

As of 25-Dec, Premier Explosives Ltd's stock price is falling, currently at 514.00, reflecting a change of -7.35 (-1.41%). The stock has been underperforming, having lost -2.14% over the last two days and showing a performance today that is -1.22% lower than its sector. <BR><BR>In terms of longer-term performance, the stock has generated a return of -6.24% over the past year, significantly underperforming the market, which has seen a return of +8.84% during the same period. This decline is compounded by the fact that, despite a healthy growth in net sales and operating profit, the stock is considered very expensive with a high Price to Book Value ratio of 10, and a Return on Equity (ROE) of 18.2. <BR><BR>While there has been an increase in institutional investor participation, with a 1.75% rise in their stake, the stock's overall valuation concerns and its recent negative performance suggest that investors may be cautious. The stock's moving averages indicate that it is currently lower than the 20-day, 50-day, and 100-day averages, which typically signals a bearish trend. Overall, these factors contribute to the stock's current decline.

Why is Premier Explosives Ltd falling/rising?

As of 26-Dec, Premier Explosives Ltd's stock price is rising to 522.80, reflecting a 1.54% increase due to a trend reversal, strong weekly performance, and positive financial results. Despite recent volatility, increased institutional investment indicates a favorable outlook.

As of 26-Dec, Premier Explosives Ltd's stock price is rising, currently at 522.80, reflecting a change of 7.95 (1.54%) upwards. This increase can be attributed to several factors. Firstly, the stock has shown a trend reversal, gaining after two consecutive days of decline. Additionally, it outperformed its sector by 1.9% today and reached an intraday high of Rs 542, marking a 5.27% increase.<BR><BR>The stock's performance over the past week has also been positive, with a return of +5.83%, significantly outpacing the Sensex's +0.13%. Furthermore, the company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 27.66% and operating profit growing at 38.85%. Positive financial results from the latest six months, including a net sales figure of Rs 217.73 crore and a higher profit after tax of Rs 37.29 crore, contribute to investor confidence.<BR><BR>Moreover, there has been an increase in participation by institutional investors, who have raised their stake by 1.75% over the previous quarter, indicating a positive outlook from more sophisticated investors. However, it is important to note that while the stock is currently rising, it has experienced a decline of -3.76% over the past month and -2.20% over the past year, suggesting some volatility in its performance. Overall, the current rise in stock price is supported by recent positive performance metrics and increased institutional interest.