Its revenue increased nearly 72% to ₹142 crore from ₹83 crore in the first quarter last fiscal. The revenue was split between defence and space at 86% and bulk explosives at 14%.
The company’s earnings before interest, taxes, depreciation and amortisation increased 35% to ₹20.9 crore in the June quarter from ₹15 crore in the previous year.However, its EBITDA margins contracted 400 basis points to 14.68% from 18.48% in the year-ago period.
The contraction in margins is due to a rise in material costs as a percentage of sales, which increased to 66% from 41% last year, even as other expenses halved to ₹9 crore from ₹18 crore last year.The company’s order book was at ₹988.5 crore in the June quarter, up 32% from ₹750 crore at the end of FY25.
Defence made up 87% of its order book, while explosives and services accounted for 7% and 6%, respectively.
Order book for Premier Explosives at the end of the quarter stood at ₹988.5 crore, from ₹750 crore at the end of financial year 2025.
The company’s board has also approved a ₹300 crore fund raise.
Shares of Premier Explosives Ltd. were trading 12% higher at ₹478 apiece at 9.20 am on Wednesday. It has declined 10.2% in the past month.
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First Published: Aug 13, 2025 8:44 AM IS
