Premier Explosives' Q2 FY 2025-26 Quarterly Results

Result Summary

• Premier Explosives Ltd reported a 33.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 3.1%.
• Its expenses for the quarter were down by 41.9% QoQ and 12.7% YoY.
• The net profit increased 15.9% QoQ and increased 111.2% YoY.
• The earnings per share (EPS) of Premier Explosives Ltd stood at 3.32 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Company Overview

Premier Explosives Ltd is a company engaged in the manufacture of explosives and related products. The company primarily operates in the industrial sector, supplying explosives for mining, infrastructure development, and defense applications. Premier Explosives Ltd has established itself as a significant player in the explosives industry, known for its robust product offerings and technological advancements. As of the latest available information, there are no specific recent major developments that have been publicly disclosed. The company's operations focus on delivering high-quality explosives and maintaining strong relationships with its clientele across various sectors.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Premier Explosives Ltd reported a total income of ₹98.64 crores. This represents a decrease of 33.4% compared to the previous quarter (Q1FY26), where total income was ₹148.04 crores. On a year-over-year basis, there was a slight increase of 3.1% from Q2FY25, when the total income was ₹95.66 crores. The quarter-over-quarter decline indicates a significant reduction in revenue generation within the short term, while the year-over-year comparison shows a modest growth in revenue over the past year.

Profitability

Profitability metrics for Premier Explosives Ltd in Q2FY26 show a profit before tax of ₹24.70 crores, up 31.2% from the previous quarter's ₹18.83 crores. Compared to the same quarter last year (Q2FY25), the profit before tax has increased by 101.1% from ₹12.28 crores. After accounting for taxes, the profit after tax for Q2FY26 stands at ₹17.80 crores, reflecting a 15.9% increase from Q1FY26's ₹15.36 crores and a 111.2% rise from ₹8.43 crores in Q2FY25. These figures indicate substantial growth in profitability on both a quarterly and yearly basis. The earnings per share (EPS) for Q2FY26 is ₹3.32, which is a 16.5% increase over the previous quarter's EPS of ₹2.85 and a 111.5% increase compared to ₹1.57 in Q2FY25.

Operating Metrics

The total expenses for Premier Explosives Ltd in Q2FY26 were ₹72.75 crores, which is a decrease of 41.9% from ₹125.21 crores in Q1FY26. Year-over-year, total expenses have decreased by 12.7% from ₹83.38 crores in Q2FY25. The tax expense for Q2FY26 was ₹6.90 crores, marking an increase of 98.8% from the previous quarter's ₹3.47 crores, and a 79.2% increase from ₹3.85 crores in Q2FY25. These operational figures highlight a notable reduction in expenses over the previous quarter, contributing to the improved profitability metrics. The increase in tax expenses aligns with the higher profit before tax reported for the current quarter.