# Premier Explosives share price today (Premier Explosives Ltd, NSE: PREMEXPLN)

> Premier Explosives share price today: ₹532.40 at the NSE close on 3 November 2026, down 19.4% in a year. Premier Explosives (NSE: PREMEXPLN) is worth ₹2,864 crore, trades at a P/E of 83.3 and has closed between ₹406.05 and ₹789.60 over the past 52 weeks. > Premier Explosives Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. PREMEXPLN · Industrial Explosives · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/premier-explosives-ltd

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## Key numbers

- Business trend: Slowing from a peak, from the last 12 quarters
- Price: ₹532.40 (−19.4% in a year)
- P/E: 83.3× (higher than 68% of the last 10 years)
- Revenue (Jun 2026): ₹103 Cr (−27.9% on a year ago)
- Profit (Jun 2026): ₹3.1 Cr (−79.9% on a year ago)
- Operating margin: 5.7% (−8.9 points on a year ago)
- ROCE: 23%, FY26
- ROIC: 3.3%, against a 12.0% cost of capital: −8.7 points

The main question: yearly earnings per share moved +59.6% while the share price moved −19.4%. ## What is the 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. 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. ## What changed at Premier Explosives this quarter? 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. ## What are Premier Explosives' latest quarterly results? 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

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹103 crore | ₹142 crore | −27.9% |
| Profit | ₹3.08 crore | ₹15.4 crore | −79.9% |
| Earnings per share | ₹0.57 | ₹2.86 | −80.1% |
| Operating margin | 5.7% | 14.7% | −8.9 points |

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.)

## What is the Premier Explosives share price history? 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

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹687.50 | −22.6% |
| 1 month ago · 1 Oct 2026 | ₹679.75 | −21.7% |
| 6 months ago · 30 Apr 2026 | ₹561.35 | −5.2% |
| 1 year ago · 31 Oct 2025 | ₹660.15 | −19.4% |
| 3 years ago · 3 Nov 2023 | ₹242.10 | +119.9% |
| 5 years ago · 4 Nov 2021 | ₹48.88 | +989.2% |
| 10 years ago · 4 Nov 2016 | ₹73.29 | +626.4% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹65.48 | +713.1% |
| Highest weekly close since March 2016 · 21 Jun 2024 | ₹891.35 | −40.3% |
| Lowest weekly close since March 2016 · 27 Mar 2020 | ₹12.35 | +4,210.9% |
| 52-week high (weekly close) · 1 Jul 2026 | ₹789.60 | −32.6% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹406.05 | +31.1% |

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.)

## What is the latest news on Premier Explosives? 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). ## What dividend does Premier Explosives pay? 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

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 23 Sep 2026 | ₹0.50 | Dividend |
| 23 Sep 2025 | ₹0.50 | Dividend |
| 20 Sep 2024 | ₹0.50 | Dividend |
| 22 Sep 2023 | ₹1.70 | Dividend |
| 8 Sep 2022 | ₹1.50 | Dividend |

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. 4 of 5 Of the last 5 financial years, years with an NSE dividend record

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.)

## What did Premier Explosives management say on the latest results call? 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](https://files.tijorifinance.com/insight/india/2857/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 14 August 2026.)

## What to watch in Premier Explosives' next results? 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. - What to check (from the call)
- April international order license clearance and initial dispatch - check whether the indicated last-quarter execution begins. - Chaff and flare backlog conversion - check whether execution accelerates and the outstanding LD process advances. - Katepally RDX/HMX water and mixing-plant trials - check whether commissioning milestones occur on schedule. - Product mix, raw-material pass-through, and annual margin delivery - check whether opening-quarter pressure reverses in subsequent prints. ## Which stock lists is Premier Explosives on? Premier Explosives is on one of our India lists: Defence stocks. [Defence stocks Group on the list: Explosives and ammunition](https://www.sectoralpha.in/sectors/aerospace-defence-equipments)

## Is Premier Explosives profitable? 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. 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. ## How much revenue does Premier Explosives make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Premier Explosives keep? 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. 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. ## Is Premier Explosives' profit turning into cash? 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. 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. ## Where does Premier Explosives' cash go? 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. 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. ## What is Premier Explosives' P/E ratio, and how does it compare with its own history? 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. 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. Why the multiple is where it is: over the past year earnings per share moved +59.6% while the price moved −19.4%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +61.2% a year; about +84.4% a year came from earnings growth and about −23.2 percentage points from the multiple (the market paying less); over 10 years the price moved +21.9% a year; about +15.2% a year came from earnings growth and about +6.7 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Premier Explosives business getting better or worse? Premier Explosives Ltd's business is slowing from a peak. Revenue, profit and EPS growth have slowed sharply (revenue growth from +62.9% at its peak to −26.8% now), while ROCE is still 16.1%. This is based on 12 quarters of 4 measures. Why it matters: slowing from a peak is where good stories often end quietly. ## How much does Premier Explosives earn on its capital? Premier Explosives Ltd earned a ROCE of 23% in FY26. That is up from a low of −4% in FY20. Its return on capital used (ROIC) is 8.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 11.9% net margin and 0.80× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 11.9% net margin × 0.80× asset turnover × 1.67× leverage (assets divided by equity) ≈ 15.9% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 3.3% − 12.0% = −8.7 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 3.3% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 11.1%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Premier Explosives have too much debt? Premier Explosives Ltd has total debt of ₹32.0 Cr against shareholder equity of ₹290 Cr as of Jun 2026, so its debt is 0.11× its equity, which is very little. Year by year, that ratio went from 0.41 in FY22 to 0.11 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Premier Explosives shareholding pattern? Domestic institutions raised their stake in Premier Explosives Ltd by 3.6 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 11.9% of the company. Foreign institutions moved +1.8 points over the same period, to 2.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +3.6 points over 8 quarters, to 11.9%; Foreign institutions: +1.8 points over 8 quarters, to 2.1%; Promoters: +0.0 points over 8 quarters, to 41.3%. Why the owners changed: domestic institutions drove it (+3.6 points), together with foreign institutions (+1.8 points). They raised their stake step by step. ## How far is Premier Explosives from balance-sheet trouble? For Premier Explosives Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Premier Explosives rank in its industry? 33.5 out of 100, rank 3 of 4 in Industrial Explosives, with 97% of the evidence available. Premier Explosives Ltd scores 33.5 out of 100 against the 4 companies it is compared with in Industrial Explosives, ranking 3. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 2.7 + 16.8 + 11.2 + 2.8 = 33.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Premier Explosives compared with? Premier Explosives ranks 3 of 4 Industrial Explosives companies on the 4-Factor Sector Score, with 33.5 out of 100. 1. [Solar Industries India Ltd](https://www.sectoralpha.in/stocks/solar-industries-india-ltd) SOLARINDS · leader · Evidence leans up · 79% evidence 64.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.2/35 · Revenue 41.7% · Profit 52.9% · Operating margin change 3 points · 95% evidence Capital efficiency 22.0/25 · ROCE 38.1% · Operating margin 28% · 76% evidence Valuation 7.9/20 · P/E 85.4× · PEG n/a · 35% evidence Relative strength 5.0/20 · Lead over its industry -31.7% · Lead over NIFTY 500 22.2% · 1 year 35.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 29.2 + 22 + 7.9 + 5 = 64.1 · What this means: Earnings are strong; relative strength in its sector is -31.7% and the one-year return is 35.7%. 2. [Keltech Energies Ltd](https://www.sectoralpha.in/stocks/keltech-energies-ltd) breaking out · Evidence leans down · 69% evidence 46.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.6/35 · Revenue 13.6% · Profit 8.1% · Operating margin change -1.2 points · 95% evidence Capital efficiency 16.1/25 · ROCE 20.4% · Operating margin 7.5% · 95% evidence Valuation 6.6/20 · P/E 63.8× · PEG n/a · 35% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 160.4% · 1 year n/a · 25% evidence · 12 of 12 weeks ahead Exact sum: 11.6 + 16.1 + 6.6 + 12.5 = 46.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. Premier Explosives Ltd this page PREMEXPLN · quiet · Most evidence points down · 97% evidence 33.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 2.7/35 · Revenue -26.9% · Profit -8.8% · Operating margin change -8.9 points · 100% evidence Capital efficiency 16.8/25 · ROCE 23% · Operating margin 5.7% · 100% evidence Valuation 11.2/20 · P/E 87.1× · PEG 0.97 · 85% evidence Relative strength 2.8/20 · Lead over its industry -44.4% · Lead over NIFTY 500 0.5% · 1 year -15.1% · 100% evidence · 4 of 12 weeks ahead Exact sum: 2.7 + 16.8 + 11.2 + 2.8 = 33.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Beezaasan Explotech Ltd](https://www.sectoralpha.in/stocks/beezaasan-explotech-ltd) breaking out · Too little evidence to rank firmly · 38% evidence 46.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.1/35 · Revenue n/a · Profit n/a · Operating margin change -1 points · 26% evidence Capital efficiency 9.3/25 · ROCE 12.2% · Operating margin 7% · 95% evidence Valuation 10.0/20 · P/E 76.8× · PEG n/a · 0% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 105% · 1 year n/a · 25% evidence · 12 of 12 weeks ahead Exact sum: 15.1 + 9.3 + 10 + 12.5 = 46.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Industrial Explosives](https://www.sectoralpha.in/sectors/industrial-explosives), all 4 compared on one page. ## Which companies are close to Premier Explosives in size? Premier Explosives is the 2nd largest of 4 Industrial Explosives companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Solar Industries India. Just below it: Keltech Energies and Beezaasan Explotech. ### Industrial Explosives companies close in size

1. [Solar Industries India Ltd](https://www.sectoralpha.in/stocks/solar-industries-india-ltd) ₹1,70,121 crore
2. Premier Explosives Ltd ₹2,996 crore
3. [Keltech Energies Ltd](https://www.sectoralpha.in/stocks/keltech-energies-ltd) ₹1,669 crore
4. [Beezaasan Explotech Ltd](https://www.sectoralpha.in/stocks/beezaasan-explotech-ltd) ₹1,018 crore

[All 4 Industrial Explosives companies, largest first](https://www.sectoralpha.in/sectors/industrial-explosives#all-companies)

### Companies close in size in other industries

1. [Chemplast Sanmar Ltd](https://www.sectoralpha.in/stocks/chemplast-sanmar-ltd) ₹3,000 crore · Petrochem - Polymers
2. [AGI Infra Ltd](https://www.sectoralpha.in/stocks/agi-infra-ltd) ₹2,999 crore · Realty - Construction & Contracting
3. Premier Explosives Ltd ₹2,996 crore
4. [Aurionpro Solutions Ltd](https://www.sectoralpha.in/stocks/aurionpro-solutions-ltd) ₹2,986 crore · IT - Software
5. [Hemisphere Properties India Ltd](https://www.sectoralpha.in/stocks/hemisphere-properties-india-ltd) ₹2,973 crore · Realty - Construction & Contracting

## What else do people ask about Premier Explosives? ### What is Premier Explosives's share price today? Premier Explosives Ltd's share price is ₹532.40, −19.4% over the past year. The whole company is worth ₹2,864 Cr on the market. In the last 52 weeks it traded between ₹406 to ₹790; today it is 33% of the way up from the low, 14.2% below its 200-day average (as of 3 November 2026). ### What were Premier Explosives's latest quarterly results? Premier Explosives Ltd reported revenue of ₹103 Cr and net profit of ₹3.1 Cr for the Jun 2026 quarter. Revenue fell 27.9% and profit fell 79.9% compared with a year earlier. Earnings per share were ₹0.57. The operating margin was 5.7%, 8.9 percentage points lower than a year earlier (as of 3 November 2026). ### What is Premier Explosives's market cap? Premier Explosives Ltd's market capitalisation is ₹2,864 Cr at a share price of ₹532.40. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Premier Explosives performing? Premier Explosives Ltd's share price has been rising for 23 weeks. In its latest quarter, revenue fell 27.9% and profit fell 79.9% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 2 weeks running (as of 3 November 2026). ### Will Premier Explosives's share price go up? This page does not forecast Premier Explosives Ltd's share price. What it shows instead: the share price is ₹532.40, and it has been rising for 23 weeks. Its P/E of 83.3× is higher than 68% of its own last 10 years (as of 3 November 2026). ### Who owns Premier Explosives? Promoters own 41.3% of Premier Explosives Ltd, foreign institutions 2.1%, domestic institutions 11.9% and the public 41.6% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 3.6 percentage points over 8 quarters (as of 3 November 2026). ### Does Premier Explosives have too much debt? No, Premier Explosives Ltd has little debt: its debt is 0.11× its equity, and its operating profit is 13 times its interest bill. FY26 borrowings were ₹32.0 Cr against equity of ₹289 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Premier Explosives in its business cycle? Premier Explosives Ltd's FY26 operating margin was 10.0%, against a 11-year range of −3.2% to 22.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 5.7%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Premier Explosives story? The main question: yearly earnings per share moved +59.6% while the share price moved −19.4%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Premier Explosives a stock worth studying right now? What the numbers show: Premier Explosives Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Premier Explosives share price forecast for 2026? What management itself 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. ## Lists

- Defence stocks: https://www.sectoralpha.in/sectors/aerospace-defence-equipments

This is research, not advice. We’re not SEBI-registered.