Premier Explosives Limited — Investor Meet, 28-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Premier Explosives reported FY25 revenue growth of 54% YoY to Rs. 417 Cr, with EBITDA margins steady at 13.9% and PAT of Rs. 28.6 Cr. Q4 revenue declined 14.6% to Rs. 74.1 Cr due to dispatch timing and pre-inspection delays. The Rs. 750 Cr order book (1.8x FY25 revenue) is 81% defense, including Rs. 100 Cr exports. A fire at the Katepalli plant hit FY26 revenue by about Rs. 25 Cr, but operations should resume soon. Management focuses on efficiency, targeting Rs. 600 Cr revenue in FY26 and Rs. 1,000 Cr by 2030, with 18-20% EBITDA margins. Capacity expansions and SE Asia export opportunities support growth despite delays causing liquidated damages.