Premier Explosives Share Price Jumps 15% on Strong Q1 Results and Order Book Growth

Market Performance

Premier Explosives share price surged over 15% to ₹492 in morning trade on Wednesday, August 13, after the company posted robust Q1 FY26 results and reported a significant jump in its order pipeline.

At around 10:00 AM, the stock was trading at ₹487, up nearly 14% from the previous close on the NSE. Despite the rally, the scrip is still down about 11% over the past month.

Main News

The defence and space products manufacturer delivered a 110% year-on-year increase in net profit for the June quarter, supported by strong revenue growth from core segments.

Key Q1 FY26 highlights:

• Net Profit: ₹15 crore, compared to ₹7 crore in Q1 FY25.
• Revenue: ₹142 crore, up 72% from ₹83 crore last year.
• Segment Contribution: Defence & space – 86%, Bulk explosives – 14%.

The company’s performance was boosted by higher order inflows, particularly from the defence segment.

Company Details

Revenue

• Revenue jumped to ₹142 crore, marking a 72% increase from ₹83 crore in the same quarter last year.

EBITDA

• EBITDA stood at ₹20.9 crore, up 35% year-on-year.

EBITDA Margins

• Margins contracted by 400 basis points to 14.68%, mainly due to a sharp rise in material costs.

Material Costs & Expenses

• Material costs surged to 66% of sales, compared to 41% last year.
• Other expenses dropped to ₹9 crore from ₹18 crore.

Net Profits

• Net profit more than doubled to ₹15 crore from ₹7 crore in Q1 FY25.

Order Book

• Order book reached ₹988.5 crore at the end of June 2025, up 32% from ₹750 crore in FY25-end.
• Composition: Defence – 87%, Explosives – 7%, Services – 6%.

Summary

Premier Explosives share price witnessed a sharp rally after the company posted strong Q1 FY26 results, with net profit surging over 100% and revenue climbing 72%. A robust ₹988.5 crore order book, dominated by defence contracts, further strengthened investor sentiment. While margins faced pressure due to rising material costs, reduced other expenses and higher sales volume supported profitability. The board has also approved raising ₹300 crore to fuel growth initiatives.