AI assistant
Premier Explosives Ltd. Audit Report / Information 2026
62423_rns_2026-05-29_6fb57187-7dc5-4e7a-b277-d5180586bf41.pdf
Audit Report / Information
Open in viewerOpens in your device viewer
29th May, 2026
To
The General Manager
Department of Corporate Relations
BSE Limited
Sir Phiroze Jeejeebhoy Towers,
Dalal Street, Fort,
Mumbai -400 001
Scrip code: 526247
To
The Vice President,
Listing Department
The National Stock Exchange of India Limited
Exchange Plaza, Bandra Kurla Complex,
Bandra (East), Mumbai 400 051
Scrip code: PREMEXPLN
Dear Sir,
Sub: Outcome of Board Meeting held on 29th May, 2026 - Audited Financial Results (Standalone & Consolidated) for the quarter and year ended 31st March, 2026 and Final Dividend.
Pursuant to the provisions of Regulation 30, 33 & other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that, the Board of Directors of the Company have, at their Meeting held today i.e., 29th May, 2026, inter-alia considered, approved/recommended the following:
I. The Audited Financial Results (Standalone and Consolidated) for the fourth quarter and financial year ended 31st March, 2026
Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith, a copy of the Audited Financial Results (Standalone and Consolidated) for the fourth quarter and financial year ended 31st March, 2026 along with Auditors' Report received from M/s. Majeti & Co., Statutory Auditors of the Company
We hereby confirm that the Statutory Auditors of the Company i.e., M/s. Majeti & Co., Chartered Accountants, have issued the Audit Reports on Standalone and Consolidated Financial Statements of the Company for the financial year ended 31st March, 2026 with unmodified opinion. A declaration stating that the Audit Reports are with unmodified opinion is also enclosed.
II. Recommended a dividend of Rs.0.50/- (i.e., 25%) per equity share of Rs. 2/- each for the financial year ended March 31, 2026, subject to approval of the members at the ensuing 46th Annual General Meeting (AGM) of the Company. The dividend, if approved by the Shareholders, will be paid with 30 days of approval/declaration. The AGM date and book closure / record date for the purpose of payment of dividend will be informed in due course.
Regd. Office : "Premier House", # 11, Ishaq Colony, Near AOC Centre, Secunderabad - 500 015. (T.G.) INDIA
Ph. No. : 040-66146801 to 6803, 6851 Fax : +91-40-6614 6839, +91-40-27843431 Email : [email protected]
Website : www.pelgel.com CIN : L24110TG1980PLC002633
Premier Explosives Limited
The meeting of the Board of directors commenced at 12:00 Noon and concluded at 04:00 P.M.
We request you to take note of the above on record and arrange to bring this to the notice of all concerned.
Thanking you,
Yours faithfully,
For Premier Explosives Limited
JHANSI
Digitally signed by
JHANSI LAXMI
LAXMI
KALAKOTA
Date: 2026.05.29
16:09:55 +05'10'
K. Jhansi Laxmi
Company Secretary
Encl:a/a
CA INDIA
MAJETI & CO
Chartered Accountants
INDEPENDENT AUDITOR'S REPORT ON THE QUARTERLY AND YEAR TO DATE AUDITED STANDALONE FINANCIAL RESULTS OF THE COMPANY PURSUANT TO THE REGULATION 33 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015, AS AMENDED
To
The Board of Directors of Premier Explosive Limited
Report on the Audit of Standalone Financial Results
Opinion
We have audited the accompanying standalone Annual financial results ('the Statement') of PREMIER EXPLOSIVE LIMITED ('the Company') for the quarter and year ended 31 March 2026, attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('listing Regulations'), including relevant circulars issued by the SEBI from time to time.
In our opinion and to the best of our information and according to the explanations given to us, the aforesaid standalone financial results:
(i) are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and
(ii) give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable accounting standards prescribed under Section 133 of the Companies Act, 2013 (the "Act") and other accounting principles generally accepted in India, of net profit and other comprehensive income and other financial information of the Company for the year ended March 31, 2026 and the standalone statement of assets and liabilities and the standalone statement of cash flows as at and for the year ended on that date.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Act. Our responsibilities under those Standards are further described in the Auditor’s Responsibility for the Audit of the Standalone Financial Statements section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (ICAI) together with the ethical requirements that are relevant to our audit of the standalone financial statements under the provisions of the Act and the Rules made thereunder and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI’s Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion on the on the annual standalone financial results.
H.O : 101, Sivaksh Siri Sampada Apts., | 6-3-347/17, Dwarakapuri Colony | Sai Baba Temple Road, | Punjagutta, Hyderabad - 500 082.
Off. : +91-40-2335 8055 | E-mail : [email protected]
Ext. 109, Metro Residency | 6-3-1247, Rajbhavan Road | Khairatabad, Hyderabad - 500 082 | Telangana, India.
Emphasis of Matter
We draw attention to Note 7 to the Standalone financial statements regarding the accident at the Company’s manufacturing facility during the year, resulting in damage to certain plant and machinery and buildings aggregating to ₹709.80 lakhs. Based on management’s assessment, the Company has recognized an insurance claim receivable of ₹609.80 lakhs and charged the balance amount of ₹100 lakhs to the Statement of Profit and Loss. The said insurance claim, recognized during the first quarter of the financial year, remains outstanding and pending settlement with the insurer as at March 31, 2026.
Our opinion is not modified in respect of this matter.
Management’s and Board of Directors’ Responsibility for the Standalone Financial Results
These Standalone financial results have been prepared based on the standalone annual financial statements for the year ended March 31, 2026.
The Company’s Board of Directors is responsible for the matters stated in section 134(5) of the Act with respect to the preparation and presentation of these standalone financial Results that give a true and fair view of the financial position, financial performance including other comprehensive income and cash flows in accordance with the Ind AS and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the standalone financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the standalone financial Results, the Board of Directors is responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
The Board of Directors are also responsible for overseeing the Company’s financial reporting process.
Auditor’s Responsibility for the Audit of the Standalone Financial Results
Our objectives are to obtain reasonable assurance about whether the standalone financial Results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these standalone financial Results.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional scepticism throughout the audit. We also:
-
Identify and assess the risks of material misstatement of the standalone financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
-
Obtain an understanding of internal financial control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3)(i) of the Act, we are also responsible for expressing our opinion on whether the Company has adequate internal financial controls system in place and the operating effectiveness of such controls.
-
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures in the annual financial results made by the Board of Directors.
-
Conclude on the appropriateness of Board of Directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the standalone financial Results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue as a going concern.
-
Evaluate the overall presentation, structure and content of the annual standalone financial Results, including the disclosures, and whether the annual standalone financial Results represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
Other Matters
The annual financial results include the results for the quarter ended 31 March 2026 being the balancing figure between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the current financial year which were subject to limited review by us.
unaudited year to date figures up to the third quarter of the current financial year which were subject to limited review by us.
The standalone annual financial results dealt with by this report has been prepared for the express purpose of filing with stock exchanges on which the Company's shares are listed. These results are based on and should be read with the audited standalone financial statements of the Company for the year ended March 31, 2026, on which we issued an unmodified audit opinion vide our report dated May 29, 2026.
For MAJETI & CO
Chartered Accountants
Firm's Registration No: 015975S
M. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K. K.
Kiran Kumar Majeti
Partner
Membership No: 220354
UDIN:26220354RSEZVA8030
Place: Hyderabad
Date: May 29, 2026
Premier Explosives Limited
CIN:L24 110TG 1980 PLC 002633
'Premier House', 11 Ishaq Colony, Near AOC Centre, Secunderabad - 500 015
Statement of Audited Standalone financial results for the Quarter and Year Ended March 31, 2026
(Rs. in lakhs, except as stated)
| S.No. | Particulars | Quarter ended | Year ended | |||
|---|---|---|---|---|---|---|
| 31.03.2026 | 31.12.2025 | 31.03.2025 | 31.03.2026 | 31.03.2025 | ||
| (Refer no- 8) | (Unaudited) | (Refer no- 8) | (Audited) | (Audited) | ||
| 1 | Revenue | |||||
| Revenue from operations | 8920.87 | 8140.91 | 7408.37 | 38834.14 | 41745.23 | |
| Other Income | 1275.25 | 43.46 | 50.93 | 4214.49 | 211.53 | |
| Total Revenue | 10196.12 | 8184.37 | 7459.30 | 43048.63 | 41956.76 | |
| 2 | Expenses | |||||
| a) Cost of raw materials consumed | 4884.62 | 4223.29 | 6869.19 | 19086.69 | 26820.08 | |
| b) Purchase of stock -in- trade | 53.84 | 67.42 | 57.56 | 241.52 | 160.95 | |
| c) Changes in inventories of finished goods, work-in-progress and scrap | 276.14 | (214.64) | (3,557.50) | 3,058.28 | (3,092.33) | |
| d) Employee benefits expense | 1694.33 | 1666.69 | 1612.21 | 6890.82 | 6192.83 | |
| e) Finance costs | 78.68 | 97.95 | 118.01 | 364.95 | 1109.55 | |
| f) Depreciation and amortisation expense | 282.45 | 301.95 | 293.07 | 1168.55 | 1147.42 | |
| g) Research and development expenses | 11.62 | 11.27 | 9.25 | 49.71 | 43.86 | |
| h) Other expenses | 2032.02 | 1221.96 | 1461.40 | 5624.94 | 5820.16 | |
| Total expenses | 9313.70 | 7375.89 | 6863.19 | 36485.46 | 38202.52 | |
| 3 | Profit before Exceptional items and tax (1-2) | 882.42 | 808.48 | 596.11 | 6563.17 | 3754.24 |
| 4 | Exceptional Item | - | - | - | 520.00 | - |
| Ex-gratia | ||||||
| 5 | Profit before tax (3-4) | 882.42 | 808.48 | 596.11 | 6043.17 | 3754.24 |
| 6 | Tax expense | |||||
| Current tax | 375.00 | 225.00 | 361.23 | 1,625.00 | 895.00 | |
| Income tax adjustments | 44.09 | - | - | (44.09) | 6.23 | |
| Deferred tax | (108.04) | (20.54) | (135.00) | (120.25) | (2.25) | |
| Total tax expense | 222.87 | 204.46 | 226.23 | 1460.66 | 898.98 | |
| 7 | Profit for the period (5-6) | 659.55 | 604.02 | 369.88 | 4582.51 | 2855.26 |
| 8 | Other comprehensive income | |||||
| a) (i) Items that will not be reclassified to profit or loss | 111.19 | (31.00) | 29.91 | 19.19 | (53.09) | |
| (Remeasurement on post-employment defined benefit obligation) | ||||||
| (ii) Income tax relating to items that will not be reclassified to profit or loss | (27.98) | 7.80 | (8.71) | (4.83) | 15.46 | |
| b) (i) Items that will be reclassified to profit or loss | - | - | - | - | - | |
| (ii) Income tax relating to items that will be reclassified to profit or loss | - | - | - | - | - | |
| Total other comprehensive income (8a + 8b) | 83.21 | (23.20) | 21.20 | 14.36 | (37.63) | |
| 9 | Total comprehensive income for the period (7+8) | 742.76 | 580.82 | 391.08 | 4596.87 | 2817.63 |
| 10 | Paid-up equity share capital | 1075.22 | 1075.22 | 1075.22 | 1075.22 | 1075.22 |
| (Face value of Rs. 2/- per share) | ||||||
| Other equity excluding revaluation reserve | 27827.95 | 23499.89 | ||||
| 12 | Earnings/(Loss) per share of Rs. 2 each (not annualised) (in Rupees) - Before Exceptional Item | |||||
| Basic (in Rs.) | 1.23 | 1.13 | 0.69 | 8.52 | 5.31 | |
| Diluted (in Rs.) | 1.23 | 1.13 | 0.69 | 8.52 | 5.31 |
SEC'BAD
Standalone Statement of Assets and Liabilities
| Particulars | As at | As at |
|---|---|---|
| 31.03.2026 | 31.03.2025 | |
| (Audited) | (Audited) | |
| ASSETS | ||
| Non-current assets | ||
| Property, plant and equipment | 17,907.14 | 19,059.97 |
| Capital work-in-progress | 2,639.23 | 284.73 |
| Right -of- use asset | 85.66 | 86.60 |
| Investment Property | 8.02 | 8.02 |
| Intangible assets | 545.14 | 615.02 |
| Financial assets | ||
| (i) Investments | 525.90 | 521.00 |
| Income tax assets (net) | - | - |
| Other non-current assets | 1,037.61 | 557.12 |
| Total Non-current assets | 22,748.70 | 21,132.46 |
| Current assets | ||
| Inventories | 10,301.26 | 15,349.46 |
| Financial assets | ||
| (i) Trade receivables | 5,344.57 | 3,807.81 |
| (ii) Cash and cash equivalents | 5,057.21 | 9,309.24 |
| (iii) Bank balances other than (ii) above | 923.48 | 815.75 |
| (iv) Loan | 6.66 | 4.38 |
| (v) other financial assets | 683.59 | - |
| Other current assets | 3,495.14 | 2,635.64 |
| Total Current assets | 25,811.91 | 31,922.28 |
| TOTAL ASSETS | 48,560.61 | 53,054.74 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| Equity share capital | 1,075.22 | 1,075.22 |
| Other equity | 27,827.95 | 23,499.89 |
| Total Equity | 28,903.17 | 24,575.11 |
| Liabilities | ||
| Non-current liabilities | ||
| Financial liabilities | ||
| (i) Borrowings | 1,316.00 | 750.00 |
| (ii)Other financial liabilities | 7.65 | 7.65 |
| Provisions | 1,009.03 | 1,060.55 |
| Deferred tax Liability (net) | 1,231.11 | 1,346.53 |
| Total Non-current liabilities | 3,563.79 | 3,164.73 |
| Current liabilities | ||
| Financial liabilities | ||
| (i) Borrowings | 2,340.71 | 3,714.47 |
| (ii) Trade payables | ||
| - dues to micro and small enterprises | 56.34 | 566.05 |
| - dues to others | 4,095.29 | 11,088.85 |
| (iii) Other financial liabilities | 2,369.44 | 2,150.29 |
| Other current liabilities | 6,699.36 | 7,313.24 |
| Provisions | 282.19 | 179.14 |
| Current tax liabilities (net) | 250.32 | 302.86 |
| Total current liabilities | 16,093.65 | 25,314.90 |
| Total Liabilities | 19,657.44 | 28,479.63 |
| TOTAL EQUITY AND LIABILITIES | 48,560.61 | 53,054.74 |
SEC'BAD
STATEMENT OF CASH FLOWS
| Particulars | Year Ended | ||
|---|---|---|---|
| 31.03.2026 | 31.03.2025 | ||
| (Audited) | (Audited) | ||
| A | Cash flow from operating activities | ||
| Profit before income tax | 6,043.17 | 3,754.24 | |
| Adjustments for: | |||
| Depreciation and amortisation expense | 1,168.55 | 1,147.42 | |
| Unrealised foreign exchange (gain)/ loss (net) | (21.51) | (157.44) | |
| Provision for Expected credit loss | 383.67 | 389.66 | |
| Excess liabilities no longer required | (32.71) | - | |
| Expected credit loss provision no longer required written back (net) | - | - | |
| Interest income | (221.51) | (138.07) | |
| Finance costs | 364.95 | 1,109.55 | |
| Credit balances written back | (0.84) | (0.20) | |
| Provision for expected loss on long term contracts no longer required written back | (500.00) | - | |
| Bad debts written off | 30.13 | 9.64 | |
| Loss on sale of Property, plant and equipment | 1.14 | 0.13 | |
| Book deficit on assets discarded | 137.50 | 16.09 | |
| Operating profit/(Loss) before working capital changes | 7,352.54 | 6,131.02 | |
| Adjustments for | |||
| Trade receivables and other assets | (3,446.92) | 4,830.53 | |
| Inventories | 5,048.20 | (6,562.45) | |
| Trade payables, other liabilities and provisions | (7,464.51) | 8,566.41 | |
| B | Cash generated from operating activities | 1,489.31 | 12,965.51 |
| Income taxes (paid)/Refund | (1,633.45) | (1,103.85) | |
| Net cash generated from operating activities (A) | (144.14) | 11,861.66 | |
| Cash flows from investing activities | |||
| C | Payments for property, plant and equipment, intangible assets and capital work-in-progress | (2,783.15) | (1,305.95) |
| Payments for investment in joint venture | (4.90) | - | |
| Proceeds from disposal of property, plant and equipment | 10.50 | 0.44 | |
| Redemption/(Investments) in bank deposits (having original maturity of more than three months) (net) | (125.09) | 78.29 | |
| Interest received | 236.27 | 145.84 | |
| Net cash inflow/(outflow) from investing activities (B) | (2,666.37) | (1,081.38) | |
| D | Cash flows from financing activities | ||
| (Repayment)/Proceeds from non-current borrowings (net) | 875.97 | (728.79) | |
| (Repayment)/Proceeds from current borrowings (net) | (1,683.73) | (1,375.60) | |
| Finance costs | (364.95) | (1,113.51) | |
| Dividends paid to company's shareholders | (268.81) | (268.81) | |
| Proceeds from issue of share warrants | - | - | |
| Proceeds from issue of share capital including securities premium | - | - | |
| - to promoters and others (Preferential allotment) | - | - | |
| - to others | - | - | |
| Net cash inflow/(outflow) from financing activities (C) | (1,441.52) | (3,486.71) | |
| D | Net increase/(decrease) in cash and cash equivalents (A+B+C) | (4,252.03) | 7,293.57 |
| Opening Cash and cash equivalents | 9,309.24 | 2,015.67 | |
| E | Closing cash and cash equivalents | 5,057.21 | 9,309.24 |
Notes to the financial results
-
The above Standalone Audited Financial Results have been reviewed and recommended by Audit Committee and approved by the Board of Directors at its meeting held on May 29, 2026. The Statutory Auditors of the Company have issued unmodified opinion.
-
The Statements are prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
-
The Company is engaged in the business of "High Energy Materials" and has only one reportable segment in accordance with Ind AS 108 "Operating Segments".
-
Exceptional item for the year ended March 31, 2026, represents ex-gratia compensation aggregating to ₹520 lakhs (₹400 lakhs recognized in the first quarter and ₹120 lakhs in the second quarter) extended to employees affected by the accident at the Company’s manufacturing facility.
-
The Government of India has consolidated 29 existing labour legislations into a unified framework comprising four labour codes viz the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the "Codes"). The Codes have been made effective from November 21, 2025. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The impact of these changes, assessed by the Company, on the basis of the information available, consistent with the guidance provided by the Institute of Chartered Accountants of India, is not likely to be material. Once Central/State Rules are notified by the Government on all aspects of the Codes, the Company will evaluate impact, if any, on the measurement of employee benefits and would provide appropriate accounting treatment.
-
Other income for the year ended March 31, 2026, includes (a) purchase discounts of ₹3,417.80 lakhs arising from a commercial settlement with a supplier, of which ₹2,246.39 lakhs was recognized in Q2 and ₹1,171.41 lakhs in Q4, relating to materials procured and consumed in the previous financial year, (b) The company made a provision of Rs.500 lakhs in F.Y. 2024-25 towards expected loss on long term contracts which has been reversed in the first quarter of F.Y. 2025-26 pursuant to reassessment of the expected contract income."
-
During the year, an accident occurred at the Company’s manufacturing facility resulting in damage to certain plant and machinery and buildings aggregating to ₹709.80 lakhs. The Assets were adequately insured covering the risk and claim has been lodged. Based on management’s assessment of the recoverable insurance claim, the Company has recognized ₹609.80 lakhs as insurance claim receivable and charged the balance amount of ₹100 lakhs to the Statement of Profit and Loss. The insurance claim was recognized during the first quarter of the financial year and remains pending settlement with the insurer as at March 31, 2026.
-
The Figures for the quarter ended March 31, 2026 and quarter ended March 31, 2025 are the balancing figures between audited figures in respect of full financial year and the published year to date unaudited figures up to the third quarter of the current and previous financial years i.e., 2025-26 and 2024-25 respectively.
-
The Board of Directors has recommended a dividend of Rs. 0.50 per equity share of Rs.2/- each for the financial year 2025-26, subject to approval of shareholders at the ensuring annual general meeting of the company.
-
The figures for the corresponding previous period have been reclassified / regrouped wherever necessary to conform to current period classification.
For Premier Explosives Limited
Secunderabad
29 May 2026
CA
INDIA
MAJETI & CO
Chartered Accountants
INDEPENDENT AUDITOR'S REPORT ON THE QUARTERLY AND YEAR TO DATE AUDITED CONSOLIDATED FINANCIAL RESULTS OF THE COMPANY PURSUANT TO THE REGULATION 33 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015, AS AMENDED
To
The Board of Directors of
PREMIER EXPLOSIVES LIMITED
Report on the Audit of Consolidated Financial Results
Opinion
We have audited the accompanying statement consolidated Annual financial results of PREMIER EXPLOSIVES LIMITED (hereinafter referred to as the "Holding Company"), and its subsidiaries (the Holding Company and its subsidiaries together referred to as "the Group"), for the quarter and year ended March 31, 2026 ("the Statement"), attached herewith, being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended ("Listing Regulations"), including relevant circulars issued by the SEBI from time to time.
In our opinion and to the best of our information and according to the explanations given to us, and based on the consideration of reports of other auditors on separate audited financial statements our report on the aforesaid consolidated financial results:
(i) include the annual financial results of the following entities:
a. Premier Wire Products Limited (Subsidiary).
b. PELNEXT Defence Systems Private Limited (Subsidiary)
c. Premier Global Limited (Joint Venture)
(ii) are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and
(iii) give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable accounting standards prescribed under Section 133 of the Companies Act, 2013 (the "Act") and other accounting principles generally accepted in India, of net profit and other comprehensive income and other financial information of the Group for the year ended March 31, 2026 and the consolidated statement of assets and liabilities and the consolidated statement of cash flows as at and for the year ended on that date.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing ("SAs") specified under section 143(10) of the Companies Act, 2013 ("the Act"). Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Consolidated Financial Results section of our report. We are independent of the Group in accordance with the Code of Ethics issued by Institute of Chartered Accountants of India ("ICAI") together with the ethical requirements that are relevant to our audit of the financial
H.O. 101, Ganjab, Siri Sampada Apts., | 6-3-347/17, Dwarakapuri Colony | Sai Baba Temple Road, | Punjagutta, Hyderabad - 500 082.
C Off.: +91-40-2335 8055 | E-mail: [email protected]
Ext. 109, Metro Residency | 6-3-1247, Rajbhavan Road | Khairatabad, Hyderabad - 500 082 | Telangana, India.
statement under the provisions of the Act and rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics.
We believe that the audit evidence obtained by us and other auditors in terms of their reports referred to in "Other Matters" paragraph below, is sufficient and appropriate to provide a basis for our opinion on the annual consolidate financial results.
Emphasis of Matter
We draw attention to Note 7 to the Consolidated financial statements regarding the accident at the Company's manufacturing facility during the year, resulting in damage to certain plant and machinery and buildings aggregating to ₹709.80 lakhs. Based on management's assessment, the Company has recognized an insurance claim receivable of ₹609.80 lakhs and charged the balance amount of ₹100 lakhs to the Statement of Profit and Loss. The said insurance claim, recognized during the first quarter of the financial year, remains outstanding and pending settlement with the insurer as at March 31, 2026.
Our opinion is not modified in respect of this matter.
Management's and Board of Director's Responsibilities for the Consolidated Financial Results
These Consolidated financial results have been prepared on the basis of the consolidated annual financial statements. The holding Company's Board of Directors are responsible for the preparation and presentation of the Consolidated Financial Results that give a true and fair view of the consolidated net Profit and consolidated other comprehensive income and other financial information of the Group in accordance with the Ind AS and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The respective Boards of Directors of the companies included in the Group are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Group and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the respective financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of this Consolidated Financial Results by the Directors of the Company, as aforesaid.
In preparing the Consolidated Financial Results, the respective Board of Directors of the companies included in the Group are responsible for assessing the ability of the respective entities to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Boards of Directors either intend to liquidate their respective entities or to cease operations, or have no realistic alternative but to do so.
The respective Boards of Directors of the companies included in the Group are responsible for overseeing the financial reporting process of the Group.
Auditor's Responsibilities for the Audit of the Consolidated Financial Results
Our objectives are to obtain reasonable assurance about whether the Consolidated Financial Results as a whole, are free from material misstatement, whether due to fraud or error, and to
HYDERABADI
issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this Consolidated Financial Results.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional scepticism throughout the audit. We also:
- Identify and assess the risks of material misstatement of the Consolidated Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
- Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of such controls.
- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures in the annual financial results made by the Board of Directors.
- Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the Listing Regulations.
- Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Consolidated Financial Results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Group to cease to continue as a going concern.
- Evaluate the overall presentation, structure and content of the annual consolidated financial results, including the disclosures, and whether the annual consolidated financial results represent the underlying transactions and events in a manner that achieves fair presentation.
- Obtain sufficient appropriate audit evidence regarding the financial results of the entities within the Group to express an opinion on the consolidated financial results. We are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the consolidated financial results of which we are the independent auditors. For the other entities included in the consolidated financial results, which have been audited by other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible.
HYDERABADI
We communicate with those charged with governance of the Company and such other entities included in the Consolidated Financial Results of which we are the independent auditors regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the Listing Regulations, as amended, to the extent applicable.
Other Matters
-
We did not audit the financial statements of two subsidiaries included in the consolidated financial results, whose financial statements reflect total assets of Rs. 706.81 Lakhs as at March 31, 2026, total income of Rs.27.73 lakhs, total net profit after tax and total comprehensive income of Rs. 0.25 lakhs and net cash inflows amounting to Rs.20.55 lakhs and share of Loss of Joint venture of Rs. 2.22 Lakhs for the year ended on that date, as considered in the consolidated financial results. These financial statements have been audited by other auditors whose reports have been furnished to us by the Management and our opinion on the consolidated financial results, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries is based solely on the reports of the other auditors.
-
The Financial Results include the results for the quarter ended March 31, 2026, being the balancing figures between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the current financial year, which were subject to limited review by us.
-
The consolidated annual financial results dealt with by this report have been prepared for the express purpose of filing with stock exchanges on which the Company's shares are listed. These results are based on and should be read with the audited consolidated financial statements of the group for the year ended March 31, 2026, on which we have issued an unmodified audit opinion vide our report dated May 29, 2026.
For MAJETI & CO
Chartered Accountants
Firm’s Registration No: 015975S
Kiran Kumar Majeti
Partner
Membership No: 220354
UDIN:26220354NDKPKK6960
Place: Hyderabad
Date: May 29,2026
Premier Explosives Limited
CIN:L24 110TG 1980 PLC 002633
'Premier House', 11 Ishaq Colony, Near AOC Centre, Secunderabad - 500 015
Statement of Consolidated Audited financial results for the Quarter and Year ended March 31, 2026
(Rs. in lakhs, except as stated)
| S.No. | Particulars | Quarter ended | Year ended | |||
|---|---|---|---|---|---|---|
| 31.03.2026 | ||||||
| (Refer No -8) | 31.12.2025 | |||||
| (Unaudited) | 31.03.2025 | |||||
| (Refer No -8) | 31.03.2026 | |||||
| (Audited) | 31.03.2025 | |||||
| (Audited) | ||||||
| 1 | Revenue | |||||
| Revenue from operations | 8,920.87 | 8140.91 | 7408.37 | 38834.14 | 41745.23 | |
| Other Income | 1,275.23 | 43.37 | 50.85 | 4214.24 | 211.32 | |
| Total Revenue | 10196.10 | 8184.28 | 7459.22 | 43048.38 | 41956.55 | |
| 2 | Expenses | |||||
| a) Cost of raw materials consumed | 4,884.62 | 4223.29 | 6869.19 | 19086.69 | 26820.08 | |
| b) Purchase of stock -in- trade | 53.84 | 67.42 | 57.56 | 241.52 | 160.95 | |
| c) Changes in inventories of finished goods, work-in- progress and scrap | 276.14 | (214.64) | (3,557.50) | 3,058.28 | (3,092.33) | |
| d) Employee benefits expense | 1,694.33 | 1666.69 | 1612.21 | 6890.82 | 6192.83 | |
| e) Finance costs | 72.15 | 91.28 | 111.21 | 338.47 | 1081.63 | |
| f) Depreciation and amortisation expense | 282.45 | 301.95 | 293.07 | 1168.55 | 1147.42 | |
| g) Research and development expenses | 11.62 | 11.27 | 9.25 | 49.71 | 43.86 | |
| h) Other expenses | 2038.90 | 1221.82 | 1461.54 | 5643.97 | 5822.25 | |
| Total expenses | 9314.05 | 7369.08 | 6856.53 | 36478.01 | 38176.69 | |
| 3 | Profit/(Loss) before tax, share of loss from joint venture & exceptional item (1-2) | 882.05 | 815.20 | 602.69 | 6570.37 | 3779.86 |
| 4 | Share of (loss) from Joint Venture | - | (0.05) | - | (1.21) | - |
| 5 | Profit/(Loss) before tax and exceptional item (3+4) | 882.05 | 815.15 | 602.69 | 6569.16 | 3779.86 |
| 6 | Exceptional Item | - | - | - | 520.00 | - |
| Ex-gratia | ||||||
| 7 | Profit/(Loss) before tax (5-6) | 882.05 | 815.15 | 602.69 | 6049.16 | 3779.86 |
| 8 | Tax expense | |||||
| Current tax | 376.94 | 226.82 | 362.88 | 1,629.37 | 902.88 | |
| Income tax adjustments | (44.09) | - | - | (44.09) | - | |
| Deferred tax | (108.46) | (20.53) | (134.85) | (117.67) | 3.65 | |
| Total tax expense | 224.39 | 206.29 | 228.03 | 1467.61 | 906.53 | |
| 9 | Profit/(Loss) for the period (7-8) | 657.66 | 608.86 | 374.66 | 4581.55 | 2873.33 |
| Profit /(Loss) for the period attributable to: | ||||||
| Shareholders of the company | 657.97 | 607.86 | 373.67 | 4581.34 | 2869.53 | |
| Non Controlling Interest | (0.31) | 1.00 | 0.99 | 0.21 | 3.80 | |
| 10 | Other comprehensive Income | |||||
| a) (i) Items that will not be reclassified to profit or loss | ||||||
| (Remeasurement on post-employment defined benefit obligation) | 111.19 | (31.00) | 29.91 | 19.19 | (53.09) | |
| (ii) Income tax relating to items that will not be reclassified to profit or loss | (27.98) | 7.80 | (8.71) | (4.83) | 15.46 | |
| b) (i) Items that will be reclassified to profit or loss | ||||||
| (ii) Income tax relating to items that will be reclassified to profit or loss | - | - | - | - | - | |
| Total other comprehensive income for the period (10a+10b) | 83.21 | (23.20) | 21.20 | 14.36 | (37.63) | |
| Other Comprehensive income for the period attributable to: | ||||||
| Shareholders of the company | 83.21 | (23.20) | 21.20 | 14.36 | (37.63) | |
| Non Controlling Interest | - | - | - | - | - | |
| 11 | Total comprehensive income for the period (9+10) | 740.87 | 585.66 | 395.86 | 4595.91 | 2835.70 |
| 12 | Total Comprehensive income for the period attributable to: | |||||
| (Comprising profit / (loss) and other comprehensive income for the period | ||||||
| Shareholders of the company | 741.18 | 584.66 | 394.87 | 4595.70 | 2831.90 | |
| Non Controlling Interest | (0.31) | 1.00 | 0.99 | 0.21 | 3.80 | |
| 13 | Paid-up equity share capital (Face value of Rs. 2/- per share) | 1075.22 | 1075.22 | 1075.22 | 1075.22 | 1075.22 |
| 14 | Other equity excluding revaluation reserve | - | - | - | 27,832.04 | 23,505.15 |
| 15 | Earnings per share of Rs. 2 each (not annualised) (in Rupees) | |||||
| Basic (in Rs.) | 1.22 | 1.13 | 0.70 | 8.52 | 5.34 | |
| Diluted (in Rs.) | 1.22 | 1.13 | 0.70 | 8.52 | 5.34 |
Consolidated Statement of Assets and Liabilities
| Particulars | As at | As at |
|---|---|---|
| 31.03.2026 | 31.03.2025 | |
| (Audited) | (Audited) | |
| ASSETS | ||
| Non-current assets | ||
| Property, plant and equipment | 18,093.92 | 19,246.75 |
| Capital work-in-progress | 2,639.23 | 284.73 |
| Right -of- use asset | 85.66 | 86.60 |
| Investment Property | 8.02 | 8.02 |
| Intangible assets | 545.14 | 615.02 |
| Investments accounted through equity method | 3.69 | - |
| Income tax Asset (net) | - | 1.14 |
| Other non-current assets | 1,107.06 | 645.24 |
| Total Non-current assets | 22482.72 | 20887.50 |
| Current assets | ||
| Inventories | 10,301.26 | 15,349.46 |
| Financial assets | ||
| (i) Trade receivables | 5,344.57 | 3,807.81 |
| (ii) Cash and cash equivalents | 5,083.71 | 9,315.19 |
| (iii) Bank balances other than (ii) above | 923.48 | 815.75 |
| (iv) other financial assets | 683.59 | - |
| Other current assets | 3,495.83 | 2,655.62 |
| Current tax Asset (net) | - | - |
| Assets classified as held for sale | - | - |
| Total Current assets | 25,832.44 | 31,943.83 |
| TOTAL ASSETS | 48,315.16 | 52,831.33 |
| EQUITY AND LIABILITIES | ||
| Equity: | ||
| Equity share capital | 1,075.22 | 1,075.22 |
| Other equity | 27,832.04 | 23,505.15 |
| Equity attributable to equity share holders of parent | 28,907.26 | 24,580.37 |
| Non controlling interest | 135.52 | 135.31 |
| Total Equity | 29,042.78 | 24,715.68 |
| LIABILITIES | ||
| Non-current liabilities | ||
| Financial liabilities | ||
| (i) Borrowings | 1,316.00 | 750.00 |
| (ii)Other financial liabilities | 7.65 | 7.65 |
| Provisions | 1,009.03 | 1,060.55 |
| Deferred tax Liability (net) | 1,266.00 | 1,378.84 |
| Other non-current liabilities | - | - |
| Total Non-current liabilities | 3598.68 | 3197.04 |
| Current liabilities | ||
| Financial liabilities | ||
| (i) Borrowings | 1,917.32 | 3,314.91 |
| (ii) Trade payables | - | - |
| - dues to micro and small enterprises | 56.34 | 566.05 |
| - dues to others | 4,095.29 | 11,091.95 |
| (iii) Other financial liabilities | 2,370.97 | 2,150.30 |
| Other current liabilities | 6,699.52 | 7,313.40 |
| Provisions | 282.19 | 179.14 |
| Current tax liabilities (net) | 252.07 | 302.86 |
| Liabilities directly associated with assets classified as held for sale | - | - |
| Total current liabilities | 15,673.70 | 24,918.61 |
| TOTAL EQUITY AND LIABILITIES | 48,315.16 | 52,831.33 |
SANTA CLARA, CALIFORNIA
STATEMENT OF CASH FLOWS
| S.No | Particulars | Year ended |
|---|---|---|
| 31.03.2026 | 31.03.2025 | |
| (Audited) | (Audited) | |
| A | Cash flow from operating activities | |
| Profit before tax | 6,049.16 | 3,779.86 |
| Adjustments for: | ||
| Depreciation and amortisation expense | 1,168.55 | 1,147.42 |
| Unrealised foreign exchange gain(net) | (21.51) | (157.44) |
| Provision for Expected credit loss | 383.67 | 389.66 |
| Provision for expected loss on long term contracts no longer required written back | (500.00) | - |
| Excess liabilities written back | (32.71) | - |
| Bad debts written off | 30.13 | 9.64 |
| Interest income | (221.26) | (137.86) |
| Deposits recoverable written off | - | - |
| Deferred government grant income | - | - |
| Finance costs | 338.47 | 1,081.63 |
| Credit balances written back | (0.84) | (0.20) |
| (Profit)/ Loss on sale of Property, Plant and Equipment | 1.14 | 0.13 |
| Book deficit on assets discarded | 137.50 | 16.09 |
| Operating cash flow before working capital changes | 7,332.30 | 6,128.93 |
| Adjustments for | ||
| Trade receivables, financial assets and other assets | (3,406.68) | 4,817.78 |
| Inventories | 5,048.20 | (6,562.45) |
| Trade payables, other liabilities and provisions | (7,466.09) | 8,567.32 |
| Cash generated from operating activities | 1,507.73 | 12,951.58 |
| Income tax (paid)/ Received | (1,634.93) | (1,103.78) |
| Net cash generated from operating activities | (127.20) | 11,847.80 |
| B | Cash flows from investing activities | |
| Payments for property, plant and equipment, intangible assets and capital work-in-progress | (2,783.15) | (1,341.79) |
| Investment in Joint Venture | (3.69) | - |
| Insurance claims received against property, plant and equipment | - | - |
| Proceeds from disposal / sale of property, plant and equipment | 10.50 | 0.44 |
| Investments in bank deposits (having original maturity of more than three months) (Net) | (125.09) | 78.29 |
| Interest received | 236.02 | 145.63 |
| Net cash inflow/(outflow) from investing activities (B) | (2,665.41) | (1,117.43) |
| C | Cash flows from financing activities | |
| Proceeds/(repayment) of Long term borrowing (net) | 875.97 | (728.79) |
| Proceeds/(repayment) of short-term borrowings (net) | (1,707.56) | (1,351.72) |
| Interest paid | (338.47) | (1,085.59) |
| Dividend and dividend tax paid | (268.81) | (268.81) |
| Net cash inflow/(outflow) from financing activities (C) | (1,438.87) | (3,434.91) |
| D | Net increase/(decrease) in cash and cash equivalents | (4,231.48) |
| Opening cash and cash equivalents | 9,315.19 | 2,019.73 |
| E | Closing cash and cash equivalents | 5,083.71 |
Notes to the financial results
-
This above Consolidated Audited Financial Results have been reviewed and recommended by Audit Committee and approved by the Board of Directors at its meeting held on May 29, 2026. The Statutory Auditors of the Company have issued unmodified opinion.
-
The Statement are prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
-
The group is engaged in the business of "High Energy Materials" and has only one reportable segment in accordance with Ind AS 108 "Operating Segment".
-
Exceptional item for the year ended March 31, 2026, represents ex-gratia compensation aggregating to ₹520 lakhs (₹400 lakhs recognized in the first quarter and ₹120 lakhs in the second quarter) extended to employees affected by the accident at the Company's manufacturing facility.
-
The Government of India has consolidated 29 existing labour legislations into a unified framework comprising four labour codes viz the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the "Codes"). The Codes have been made effective from November 21, 2025. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The impact of these changes, assessed by the Company, on the basis of the information available, consistent with the guidance provided by the Institute of Chartered Accountants of India, is not likely to be material. Once Central/ State Rules are notified by the Government on all aspects of the Codes, the Company will evaluate impact, if any, on the measurement of employee benefits and would provide appropriate accounting treatment.
-
Other income for the year ended March 31, 2026, includes (a) purchase discounts of ₹3,417.80 lakhs arising from a commercial settlement with a supplier, of which ₹2,246.39 lakhs was recognized in Q2 and ₹1,171.41 lakhs in Q4, relating to materials procured and consumed in the previous financial year, (b) The company made a provision of Rs.500 lakhs in F.Y. 2024-25 towards expected loss on long term contracts which has been reversed in the first quarter of F.Y. 2025-26 pursuant to reassessment of the expected contract income."
-
During the year, an accident occurred at the Company's manufacturing facility resulting in damage to certain plant and machinery and buildings aggregating to ₹709.80 lakhs. The Assets were adequately insured covering the risk and claim has been lodged. Based on management's assessment of the recoverable insurance claim, the Company has recognized ₹609.80 lakhs as insurance claim receivable and charged the balance amount of ₹100 lakhs to the Statement of Profit and Loss. The insurance claim was recognized during the first quarter of the financial year and remains pending settlement with the insurer as at March 31, 2026.
-
The Figures for the quarter ended March 31, 2026 and quarter ended March 31, 2025 are the balancing figures between audited figures in respect of full financial year and the published year to date unaudited figures up to the third quarter of the current and previous financial years i.e., 2025-26 and 2024-25 respectively.
-
The figures for the corresponding previous period have been reclassified / regrouped wherever necessary to conform to current period classification.
-
The Board of Directors has recommended a dividend of Rs. 0.50 per equity share of Rs.2/- each for the financial year 2025-26, subject to approval of shareholders at the ensuing annual general meeting of the company.
-
The abstract of Financial Results on Standalone basis is given below:
| PARTICULARS | Quarter ended | Year ended | |||
|---|---|---|---|---|---|
| 31.03.2026 | 31.12.2025 | 31.03.2025 | 31.03.2026 | 31.03.2025 | |
| (Refer No -8) | (Unaudited) | (Refer No -8) | (Audited) | (Audited) | |
| Total Revenue from Operations | 8920.87 | 8140.91 | 7408.37 | 38834.14 | 41745.23 |
| Profit /(Loss) Before Tax from continuing operations | 882.42 | 808.48 | 596.11 | 6043.17 | 3754.24 |
| Profit /(Loss) After Tax from continuing operations | 659.55 | 604.02 | 369.88 | 4582.51 | 2855.26 |
| Profit /(Loss) After Tax from Dis-continuing operations | - | - | - | - | - |
| Other Comprehensive Income (Net of Tax) | 83.21 | (23.20) | 21.20 | 14.36 | (37.63) |
| Total Comprehensive Income | 742.76 | 580.82 | 391.08 | 4596.87 | 2817.63 |
For Premier Explosives Limited
T.V. Chowdary
Managing Director
Secunderabad
29 May 2026
Premier Explosives Limited
29th May, 2026
ISO 9001 REGISTERED
CGINIW
MGMT.SYS
RvA C024
DNV Certification B.V. The Netherlands
To
The General Manager
Department of Corporate Relations
BSE Limited
Sir Phiroze Jeejeebhoy Towers,
Dalal Street, Fort,
Mumbai -400 001
Scrip code: 526247
To
The Vice President,
Listing Department
The National Stock Exchange of India Limited
Exchange Plaza, Bandra Kurla Complex,
Bandra (East), Mumbai 400 051
Scrip code: PREMEXPLN
Dear Sir,
In compliance with the provisions of Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, we hereby declare that the Statutory Auditors of the Company, M/s. Majeti & Co., Chartered Accountants, Hyderabad, have issued Audit Reports with unmodified opinion on the Audited Financial Results of the Company (both for Standalone & Consolidated) for the financial year ended 31st March, 2026.
Yours faithfully
For Premier Explosives Limited
Vijay Kumar B.M.
Chief Financial Officer
Regd. Office : "Premier House", # 11, Ishaq Colony, Near AOC Centre, Secunderabad - 500 015. (T.G.) INDIA
Ph. No. : 040-66146801 to 6803, 6851 Fax : +91-40-6614 6839, +91-40-27843431 Email : [email protected]
Website : www.pelgel.com
CIN : L24110TG1980PLC002633