Premier Explosives Limited — Investor Meet, 19-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Premier Explosives (PEL) delivered strong H1 FY26 revenue of INR 217.7 Cr (+23% YoY), driven by Defense & Aerospace, despite Q2 revenue of INR 75.6 Cr (-20% YoY) due to delayed order execution. Net profit (PAT) for Q2 was INR 17.9 Cr (+113% YoY), with H1 PAT at INR 33.2 Cr (+112% YoY). The current order book stands at INR 1,297 Cr (3.1x FY25 revenue), including a significant INR 429.56 Cr order for chaffs & flares. Management targets FY26 revenue of INR 500-600 Cr with 15-20% EBITDA. Strategic focus includes expanding RDX/HMX capacity, developing mines, ammunition, and UAV payloads, and an 8-year capex plan in Odisha.