Premier Explosives share price today

Premier Explosives Ltd's share price was ₹532.40 at the close on 3 November 2026. It has been rising for 23 weeks. That is 14.2% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹406 and ₹790, and at that close it sat 33% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Premier Explosives Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 2 weeks running.

Over the last 11 years the share price moved +713% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: foreign funds (FIIs) raised their stake for 3 quarters in a row and operating margin down 9 points on a year earlier.

1. Foreign funds (FIIs) raised their stake for 3 quarters in a row

   From 0.9% to 2.2% of the company by the September 2026 quarter.

2. Operating margin down 9 points on a year earlier

   5.7% in the June 2026 quarter, from 14.7%.

   Why: Margins fell because the mix of products shipped was less profitable, raw materials cost more, and fixed costs were spread over fewer sales.

   Next results: check whether the margin pressure from the opening quarter reverses in later results.

   From the earnings call on 14 Aug 2026.

For April to June 2026 (the quarter ended 30 June 2026), Premier Explosives reported revenue of ₹103 crore, down 27.9% from ₹142 crore a year earlier, and a profit of ₹3.08 crore, down 79.9% from ₹15.4 crore.

Premier Explosives results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Premier Explosives' management discussed these results on a call held on 14 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Premier Explosives closed at ₹532.40 on 3 November 2026, down 19.4% from ₹660.15 a year earlier (31 October 2025) and up 989.2% over five years. Its highest weekly close since March 2016 was ₹891.35 on 21 June 2024.

Premier Explosives share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

565 weekly closes from 11 March 2016 to 3 November 2026.

3 Nov 2026: Premier Explosives closed at ₹532.40, down 22.6% on the week and down 21.7% on the month. 23 Sep 2026: ex-date for a dividend of ₹0.50 a share.

Earlier

• 14 Aug 2026: Premier Explosives held its results call for April to June 2026. Management guided: FY27 turnover planned at ₹600 crore within a ₹500-600 crore framing; another ₹200-300 crore order inflow expected, with an ₹1,000 crore-plus run rate over 2 years.
• Results for April to June 2026: Revenue down 27.9% and profit down 79.9% on a year earlier.
• 21 Jun 2024: Share split: face value cut from ₹10 to ₹2 a share (ex-date).

Premier Explosives paid ₹0.50 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.09% at the ₹532.40 close on 3 November 2026. The last was a dividend of ₹0.50 a share, ex-date 23 September 2026.

Premier Explosives dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Premier Explosives Ltd paid out 1% of its profit as dividends in FY26, and it paid a dividend in 9 of its last 11 reported years.

From the NSE corporate-actions record, read 4 November 2026.

On the call for April to June 2026, held on 14 August 2026, Premier Explosives' management guided: FY27 turnover planned at ₹600 crore within a ₹500-600 crore framing; another ₹200-300 crore order inflow expected, with an ₹1,000 crore-plus run rate over 2 years.

“Otherwise, margins are very, very thin. In many places, they are negative.”T.V. Chowdary, on the call for April to June 2026

What management guided

• FY27 operating margin goal given as 15-20%; another response cited 15-25% as yearly goal, while other expenses are expected around ₹9-10 crore run-rate.
• Export execution planned at ₹150-200 crore in the current quarter; April international order license expected next month, with some dispatches in the last quarter and broader catch-up across Q2-Q3.
• ₹430 crore chaff order planned for full completion within FY27; ₹75 crore flare backlog planned within 4-5 months, with LD outcome by quarter-end or October-November.
• RDX/HMX water trials planned for September, production after one month; mixing plant readiness planned by end-September, followed by dummy trials; alternative-material clearance may take another 6 months.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 14 August 2026.

When Premier Explosives reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: April international order license clearance and initial dispatch - check whether the indicated last-quarter execution begins.

Premier Explosives is on one of our India lists: Defence stocks.

Premier Explosives Ltd earned ₹3.1 Cr of net profit in the Jun 2026 quarter, −79.9% on the same quarter a year earlier. Full-year FY26 profit was ₹46.0 Cr. Over 10 years profit has grown 22.6% a year on average. That is 3.0% of the quarter's revenue. The same quarter a year earlier earned ₹15.4 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹46.0 Cr (+58.6% on the year before).

Why profit moved: revenue changed −27.9% on a year earlier and the margin moved −8.9 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +18.2% and revenue −19.6%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Premier Explosives Ltd reported ₹103 Cr of revenue in the Jun 2026 quarter, −27.9% on the same quarter a year earlier. Over 10 years it has grown 7.7% a year on average. The last full year, FY26, came in at ₹388 Cr. The last four reported quarters add to ₹349 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹388 Cr, −7.0% on the year before.

Recent pace: the last four quarters grew −19.6% on average, against 7.7% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −26.8%, against +9.2% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −8.8%, against +10.5% a year (rolling over).

Premier Explosives Ltd's operating margin was 5.7% in the Jun 2026 quarter, 8.9 percentage points lower than the same quarter a year ago. Across 11 years it has been between −3.2% and 22.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −8.9 percentage points on the year while gross margin changed +1.4 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 190% of Premier Explosives Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 its operations used ₹1.0 Cr of cash, against ₹46.0 Cr of profit. After ₹22.0 Cr of spending on assets, free cash was −₹23.0 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 190% of profit came in as cash: the cash cycle got 52 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 1.6× depreciation over three years. The next section checks what that spending is building.

Premier Explosives Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 150 days in FY26, down from 202 days in FY21. It spent ₹57.0 Cr on assets over the last 3 years. Customers take 50 days to pay, and stock sits for 168 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹388 Cr, each day of that cycle ties up about ₹1.1 Cr, so roughly ₹159 Cr is tied up in the business at any time.

FY26: customers took 50 days to pay and stock sat for 168 days, about 5.5 months of sales sitting as stock, for a full cycle of 150 days, shorter than FY21's 202.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 168 days. Customers pay about 50 days after that. Suppliers are paid at 68 days. Together that makes the 150-day cycle.

Spending on assets: ₹57.0 Cr over the last 3 years, against ₹35.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹26.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Premier Explosives Ltd's P/E is 83.3×, in the middle of its own history: higher than 68% of past readings. Its usual P/E (the middle reading) is 64.8×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹6.23.