What was Premier Explosives's revenue in Q3 FY26?

Premier Explosives reported revenue of ₹81 Cr in Q3 FY26, a — change year-over-year.

Did Premier Explosives management deliver on previous promises?

Scorecard data is being built as historical quarters are processed.

Premier Explosives Q3 FY26 Research Workspace: Revenue ₹81 Cr (—)

Q: What guidance did Premier Explosives management give?

FY26 Revenue Guidance Revised to ₹500-550 crore: Management lowered FY26 revenue guidance from ₹600 crore to ₹500-550 crore due to a factory accident and import delays.

Revenue ₹81 Cr

EBITDA ₹12 Cr

PAT ₹6 Cr

EBITDA Margin 14.31%

Duration 40 min

Read Time 1 min read

✓ Verified against BSE filing

2-Minute Summary

✦ AI-Generated from Full Transcript

Premier Explosives reported Q3 FY26 revenue of ₹81.4 crore and EBITDA of ₹11.6 crore (14.3% margin), with PAT of ₹6 crore. The YoY decline is attributed to a high base from elevated shaft and flare dispatches last year and execution timing. The order book stands at ₹1,294 crore (3.1x FY25 revenue), providing strong visibility. Management guided FY26 revenue of ₹500-550 crore, down from earlier ₹600 crore, due to a factory accident and import delays. Key growth drivers include the ₹429 crore MOD order for shafts/flares, RDX/HMX expansion at Katapali (expected ₹150-200 crore revenue in FY27), and new product additions (mines, ammunition). Risks include inspection delays by MOD, potential liquidated damages on delayed contracts, and geopolitical supply chain disruptions.

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Research workspace

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Risk Intelligence

MOD Inspection Delays

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Quarter Snapshot

Order Book ₹1,294.6 crore

+9.9% QoQ

Order book increased from ₹1,167 crore in Q2 FY26, driven by a ₹429 crore MOD order in October.

Defense Order Book Share 92%

flat

Defense segment constitutes 92% of total order book, consistent with prior quarters.

Export Order Book ₹450 crore

N/A

Export orders represent ~35% of total order book, with execution dependent on export licenses.

RDX/HMX Expansion Revenue Guidance ₹150-200 crore

N/A

Management expects ₹150-200 crore revenue contribution from new RDX/HMX plant in FY27.

Fast read

Guidance and risk preview

Top guidance FY26 Revenue Guidance Revised to ₹500-550 crore

Management lowered FY26 revenue guidance from ₹600 crore to ₹500-550 crore due to a factory accident and import delays.

Top risk MOD Inspection Delays

Revenue recognition is contingent on pre-dispatch inspections by MOD; delays could push revenue to subsequent quarters.