Premier Explosives Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
PREMEXPLN · price
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Premier Explosives reported strong Q1 FY26 results with revenue from operations surging 71.6% YoY to Rs 142.15 crore (vs Rs 82.86 crore in Q1 FY25). Standalone profit after tax more than doubled to Rs 15.32 crore (vs Rs 7.28 crore), with EPS rising to Rs 2.85 from Rs 1.35. The company booked a one-time ex-gratia expense of Rs 4 crore related to an accident at its manufacturing facility. Other income jumped sharply due to a Rs 5 crore reversal of a previously recognized loss provision on a long-term contract. The auditor (Majeti & Co.) issued an unmodified (clean) limited review opinion on both standalone and consolidated results. The Board also approved a fundraise of up to Rs 300 crore via equity or other instruments, a new ESOP Scheme 2025, and appointment of a new Secretarial Auditor (K V C Reddy & Associates) for five years.
Exceptional Q1 performance with revenue and PAT both more than doubling year-on-year signals strong operational momentum, though the exceptional ex-gratia expense and a one-time loss-provision reversal inflate the optics. The Rs 300 crore fundraise plan could lead to equity dilution, and dividend eligibility cutoff is September 23, 2025.