Premier Explosives Announces Financial Results and Recommends Dividend for FY26
Premier Explosives Limited today announced the outcomes of its Board Meeting held on May 29, 2026. The Board reviewed and approved the audited financial results (Standalone and Consolidated) for the fourth quarter and the financial year ended March 31, 2026. The company also recommended a final dividend for the fiscal year.The Board recommended a dividend of Rs. 0.50 per equity share of Rs. 2 each for the financial year ended March 31, 2026. This recommendation is subject to the approval of the members at the ensuing Annual General Meeting (AGM). The company stated that if the dividend is approved by shareholders, payment will occur within 30 days of the approval/declaration.
Financial Performance Highlights
The audited financial results reflect significant figures across both standalone and consolidated statements. The company's financial performance for the year ending March 31, 2026, was presented in the reports.According to the consolidated financial statements, the group reported a Total Revenue of 43,048.38 lakhs for the year ended March 31, 2026, compared to 41,956.55 lakhs in the previous year. The total assets for the group stood at 48,315.16 lakhs as of March 31, 2026, compared to 52,831.33 lakhs a year earlier.
Audited Financial Summary (FYE 31.03.2026)
The financial performance is summarized below, drawing from the audited statements for the year ended March 31, 2026:| Particulars | Standalone (Lakhs) | Consolidated (Lakhs) |
|---|---|---|
| Total Revenue | 43,048.63 | 43,048.38 |
| Total Assets (as at 31.03.2026) | 48,560.61 | 48,315.16 |
| Net Cash from Operating Activities | (144.14) | (127.20) |
Note: All figures are reported in lakhs, unless otherwise specified.
Audit and Dividend Details
The company confirmed that the Statutory Auditors, M/s. Majeti & Co., Chartered Accountants, issued audit reports with an unmodified opinion on both the Standalone and Consolidated Financial Results for the financial year ended March 31, 2026.The board also highlighted the following key recommendations:
- Dividend: Rs. 0.50 per equity share (25% on a face value of Rs. 2 per share).
- Financial Year: The results pertain to the financial year ending March 31, 2026.
The financial reporting was based on the Standalone and Consolidated Statement of Assets and Liabilities, and the Statement of Cash Flows for the respective periods.
PREMEXPLN Stock Price Movement
Shares of Premier Explosives Limited today shed 3.00% in post-market trading, settling at ₹690.55. The stock saw robust activity, with 967,875 shares transacted in today’s session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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