Latest news with #PremierExplosivesLtd
Business Upturn
4 days ago
- Business
- Business Upturn
Premier Explosives to resume operations at Telangana plant after TSPCB revokes closure order
Premier Explosives Ltd has announced that the Telangana Pollution Control Board (TSPCB) has issued an order dated June 2, 2025, revoking the earlier closure order of the company's factory located at Katepally Village, Motakondur Mandal, Yadadri-Bhuvanagiri District, Telangana. The closure order was initially issued on May 7, 2025. As per the new revocation order, the company is permitted to resume operations at the facility for a period of three months, subject to compliance with conditions outlined in the TSPCB's order. Premier Explosives stated that it has paid an environmental compensation of ₹6,75,000 as required. The company confirmed it will adhere to all compliance requirements as stipulated by the board and resume production at the facility promptly. This update follows the company's earlier disclosure dated May 12, 2025, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In the meantime, Premier Explosives shares opened today at ₹574.00, reaching a high of ₹590.00 and a low of ₹565.05 during the trading session. The stock continues to show volatility amid market movements. Over the past year, Premier Explosives recorded a 52-week high of ₹908.80 and a low of ₹309.15 Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Standard
28-04-2025
- Business
- Business Standard
Jayaswal Neco Industries Ltd leads gainers in 'B' group
Shiva Mills Ltd, Celebrity Fashions Ltd, Premier Explosives Ltd and South West Pinnacle Exploration Ltd are among the other gainers in the BSE's 'B' group today, 28 April 2025. Shiva Mills Ltd, Celebrity Fashions Ltd, Premier Explosives Ltd and South West Pinnacle Exploration Ltd are among the other gainers in the BSE's 'B' group today, 28 April 2025. Jayaswal Neco Industries Ltd surged 19.98% to Rs 42.34 at 28-Apr-2025 EOD IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 59319 shares were traded on the counter so far as against the average daily volumes of 20070 shares in the past one month. Shiva Mills Ltd spiked 15.76% to Rs 85.73. The stock was the second biggest gainer in 'B' group. On the BSE, 1.4 lakh shares were traded on the counter so far as against the average daily volumes of 1289 shares in the past one month. Celebrity Fashions Ltd soared 15.55% to Rs 13.15. The stock was the third biggest gainer in 'B' group. On the BSE, 12153 shares were traded on the counter so far as against the average daily volumes of 8269 shares in the past one month. Premier Explosives Ltd added 12.06% to Rs 434. The stock was the fourth biggest gainer in 'B' group. On the BSE, 1.7 lakh shares were traded on the counter so far as against the average daily volumes of 33288 shares in the past one month. South West Pinnacle Exploration Ltd exploded 11.54% to Rs 130. The stock was the fifth biggest gainer in 'B' group. On the BSE, 22025 shares were traded on the counter so far as against the average daily volumes of 4036 shares in the past one month.
Yahoo
15-02-2025
- Business
- Yahoo
Premier Explosives Ltd (BOM:526247) Q3 2025 Earnings Call Highlights: Record Revenue Surge and ...
Revenue Q3 FY25: INR 165.9 crores, up 272% year-on-year from INR 44.6 crores in Q3 FY24. Operating Profit Q3 FY25: INR 15.4 crores, compared to INR 4.9 crores in Q3 FY24. Operating Margin Q3 FY25: 9.3%. Net Profit Q3 FY25: 9.2%, compared to 1.7% in Q3 FY24. Revenue 9 Months FY25: INR 343.4 crores, up 86% year-on-year from INR 184.9 crores. Operating Profit 9 Months FY25: INR 48.4 crores, compared to INR 43.4 crores in the previous year. Operating Margin 9 Months FY25: 14.1%. Net Profit 9 Months FY25: INR 24.9 crores, compared to INR 21.5 crores in 9 months FY24. Order Book: INR 739 crores, with defense segment orders at INR 575 crores. Cash Profit Q3 FY25: INR 12.1 crores. Warning! GuruFocus has detected 4 Warning Signs with OSL:TECH. Release Date: February 14, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Premier Explosives Ltd (BOM:526247) reported its highest-ever quarterly revenue with a 272% year-on-year increase, driven by strong growth in the defense and space services division. The company signed a Memorandum of Understanding (MOU) with Global Munition Limited for a strategic alliance to develop and produce munitions, enhancing its future growth prospects. Premier Explosives Ltd (BOM:526247) has a robust order book of INR 739 crores, with significant contributions from the defense segment, indicating strong future revenue potential. The company is the only Indian entity qualified to manufacture countermeasures and specializes in exporting fully assembled rocket motors, positioning it as a key player in the defense sector. Premier Explosives Ltd (BOM:526247) generated a healthy cash profit of 12.1 crores in Q3 FY25, reflecting stable operations and efficient cost management. The company's operating margin for Q3 FY25 was lower than expected at 9.3%, primarily due to provisions made for potential delays in order deliveries following an accident at a production plant. Finance costs increased from 2.6 crores in the previous quarter to 4 crores in Q3 FY25, attributed to higher working capital utilization and term loans. The execution of some orders, including chaffs and flares, is delayed due to production setbacks, impacting the timely completion of contracts. Premier Explosives Ltd (BOM:526247) faces challenges in maintaining consistent margins due to the varied profitability of its product mix, particularly within the defense segment. The company is planning significant capital expenditure for a new plant in Odisha, which will require funding through internal accruals and potential QIP, posing a financial challenge. Q: Are you on track to achieve your revenue target of 400 to 500 crores for FY25, and what growth do you expect in the next financial year? A: We are on track to achieve the 400 to 500 crores target for FY25. We expect to exceed this in the next financial year, with projected revenue around 500 to 550 crores. - T. V. Chowdary, Managing Director Q: Why were margins lower this quarter, and what is the outlook for future margins? A: Margins were impacted by provisions for liquidated damages due to production delays caused by an accident. We expect margins to normalize between 15% to 20% EBITDA, depending on the product mix. - T. V. Chowdary, Managing Director Q: Can you provide details on the expected orders and their impact on future revenue? A: We expect significant orders, including a 200 crore export order and a domestic BrahMos order. These will contribute to our growth, with BrahMos potentially reaching 200 crores in the next 3-4 years. - T. V. Chowdary, Managing Director Q: What is the status of the Odisha plant CapEx, and how will it be funded? A: We plan to procure land in the first quarter of the next financial year, with CapEx spread over three phases. Funding will come from internal accruals and a QIP. - T. V. Chowdary, Managing Director Q: What is the potential revenue from the RDX and HMX plant, and when will it be operational? A: We expect the plant to be operational by June-July, with potential revenue of 100 to 150 crores annually, driven by strong international demand. - T. V. Chowdary, Managing Director For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
