Premier Explosives Ltd (BOM:526247)
₹ 663.6 -1.95 (-0.29%) Market Cap: 35.68 Bil Enterprise Value: 35.34 Bil PE Ratio: 77.89 PB Ratio: 12.34 GF Score: 68/100

Q2 2025 Premier Explosives Ltd Earnings Call Transcript

Nov 12, 2024 / 06:30AM GMT
Release Date Price: ₹445.9 (-2.54%)

Key Points

Positve
  • Premier Explosives Ltd (BOM:526247) reported a 21% year-on-year revenue growth for Q2 FY25, driven by the defense and aerospace sectors.
  • The company has a strong order book of INR 827 crores, which is three times the revenue of FY24.
  • Premier Explosives Ltd is the only Indian company qualified to manufacture countermeasures and specializes in fully assembled rocket motors.
  • The company has started exporting and expects continued performance in the commercial explosives division.
  • Premier Explosives Ltd has generated a healthy cash profit of INR 1.3 crores in Q2 FY25, indicating strong cash flow management.
Negative
  • Operating profit for Q2 FY25 decreased to INR 16.6 crores from INR 21.9 crores in Q2 FY24, reflecting a decline in operating margins.
  • Net profit for Q2 FY25 fell to INR 8.4 crores compared to INR 11.6 crores in the same quarter last year.
  • The company faced delays in supply chain logistics, affecting the delivery of certain orders and incurring late delivery charges.
  • There is a dependency on imported components for certain products, which has impacted production timelines.
  • The margins for some defense orders have been reduced due to emergency procurement at old prices, affecting overall profitability.
Operator

Ladies and gentlemen, good day. And welcome to Premier Explosives Limited Q2 and H1 FY25 earnings conference call hosted by Stellar IR Advisors.

(Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Vishal Mehta. Thank you and over to you, sir.

Vishal Mehta
Stellar IR Stellar IR Advisors Private Limited - Analyst

You need a good afternoon, everyone. I on behalf of Tar Investor relations. Welcome you all to Premier Explosives Limited Q2 and H1 FY25 earnings conference call. We shall be sharing the key operating and financial highlights for the second quarter, half year ended September 30 2024.

Today, we have with us the senior management team of Premier Explosure Limited Chy managing director and Mister Vijay Kumar, Chief Financial Officer. Before we begin, I would like to state that this call may contain some of the forward-looking statements which are quantity based on company's belief, opinion and expression as of today statement that made in call, another guarantee of

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
7-Day Free Trial · Cancel Anytime
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot