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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Premier Explosives Limited is an India-based company. The Company is engaged in the manufacture of high energy materials like bulk explosives, packaged explosives, detonators, detonating fuse, solid propellants, pyrogen igniters, and pyro devices having applications in…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, fast-growing business, reasonably priced — but flagged on governance.
PREMIER EXPLOSIVES LTD is scored on the general / industrial framework. It keeps a healthy 10.6% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -0.03×) — worth a closer look. Free cash flow is worth about -1.0% of its market value.
Over the last 3 years revenue compounded at 28%/yr and profit at 87%/yr. Book value has grown 14%/yr. Return on equity is a healthy 15.8%. In the latest quarter profit fell 53% versus the prior quarter.
At 60× earnings, the stock sits at the 30th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price already implies ~28%/yr earnings growth sustained for a decade — a demanding bar. The forensic screen raises a red flag: 70% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 81.67 | — | — |
| P/B | 9.48 | 2.69 | worse |
| EV/EBITDA | 45.96 | 10.45 | worse |
| ROE | 15.85 | — | — |
| ROCE | 19.87 | 69.92 | worse |
| ROA | 6.94 | — | — |
| Quick Ratio | 0.99 | 2.26 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| HAL | 35.7 | 8.1 | 22.2% |
| BEL | 45.1 | 11.0 | 24.4% |
| Solar Industries (india) | 72.0 | 21.9 | 29.5% |
Revenue has grown every year across all 4 financial years shown. 28% CAGR over 3 years — high-growth territory. Growth is decelerating — latest year grew slower than the year before.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (87% vs 28%) — margin expansion is at work. The latest year saw a +59% swing — check if it's a one-off or structural.
Operating margin has expanded from 5% to 14% — the business is keeping more of each rupee earned. The gap between operating and net margin is widening — interest or tax costs are rising.
ROE at 16% — a respectable return on shareholder capital. Capital efficiency improving — ROE up 12pp across the window.
Profit grew faster than EPS (87% vs 10%) — share dilution is eroding per-share value. 10% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Investing outflows exceed operating cash — the company relies on external funding to finance expansion. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Run-rate stepping up — recent quarters average 14% above earlier ones.
Profit fell 53% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (18% → 3%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 41.3% — dispersed ownership; institutional flows drive the stock. FIIs have accumulated for 3 straight quarters — sustained foreign institutional conviction. Both FII and MF added last quarter — broad institutional confidence.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.