What was the exceptional charge in the results?

The company recorded a ₹5.20 crore charge for ex-gratia payments to employees following an accident at one of its manufacturing facilities.

How did standalone revenue perform?

Standalone revenue for FY26 declined slightly to ₹388.34 crore. The fourth quarter showed improvement, with revenue of ₹89.21 crore.

What is the pending insurance claim?

The company is owed ₹6.10 crore from insurers for asset damage related to the factory accident. This amount was recognized as a receivable at year-end but remains unsettled.

What dividend did the board recommend?

The board recommended a final dividend of ₹0.50 per share, a 25% payout on the equity share's face value.

Earnings · Chemicals · Small cap

Premier Explosives profit jumps 60% despite factory accident charge

Consolidated profit hit ₹45.82 crore after absorbing a ₹5.20 crore ex-gratia charge for an accident at a manufacturing site. An insurance claim for the incident remains unpaid.

— 2 earlier stories on Premier Explosives Ltd. →

PREMEXPLN By Tipsheet Editorial 29 May 2026 · 5:39 PM IST Verify on BSE · NSE

Mkt cap₹3,716 cr

P/E86.47×

ROE11.67%

Debt / eq.0.17

Div yld0.07%

₹45.82 cr Consolidated net profit for FY26, up 60% year-on-year.

What's new

Consolidated net profit surged 60% to ₹45.82 crore in FY26.
Results were hit by a ₹5.20 crore exceptional charge for ex-gratia payments after an accident.
The board recommended a ₹0.50 per share final dividend (25% payout).

Why this matters

The 60% profit jump is solid, but it masks a ₹5.20 crore drag from employee payments after a factory accident. The standalone business saw a full-year revenue decline, though Q4 showed improvement. The pending insurance claim is a near-term cash-flow event.

What we're watching

Resolution of the ₹6.10 crore insurance claim from insurers.
Whether standalone revenue returns to growth after a flat year.
Operational recovery and cost impact from the facility incident.

The full read

Premier Explosives' consolidated net profit jumped 60% to ₹45.82 crore in FY26. The result carries a footnote: the bottom line absorbed a ₹5.20 crore exceptional charge for ex-gratia payments after an accident at a manufacturing facility. That incident also generated a pending insurance receivable of ₹6.10 crore. The standalone business told a slightly different story, with full-year revenue dipping marginally to ₹388.34 crore, though the fourth quarter showed momentum at ₹89.21 crore. The board recommended a final dividend of ₹0.50 per share, a 25% payout on face value. The core earnings growth is solid, but the full-year picture is complicated by the accident's financial and operational aftermath.

Questions answered

What was the exceptional charge in the results?: The company recorded a ₹5.20 crore charge for ex-gratia payments to employees following an accident at one of its manufacturing facilities.
How did standalone revenue perform?: Standalone revenue for FY26 declined slightly to ₹388.34 crore. The fourth quarter showed improvement, with revenue of ₹89.21 crore.
What is the pending insurance claim?: The company is owed ₹6.10 crore from insurers for asset damage related to the factory accident. This amount was recognized as a receivable at year-end but remains unsettled.
What dividend did the board recommend?: The board recommended a final dividend of ₹0.50 per share, a 25% payout on the equity share's face value.

Mentioned: ₹45.82 cr consolidated net profit · ₹5.20 cr exceptional charge · ₹6.10 cr insurance claim

Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on PREMEXPLN →

29 May 2026 · 5:39 PM IST Premier Explosives profit jumps 60% despite factory accident charge
today Premier Explosives targets ₹600-700 cr revenue, nearly doubling its FY26 run rate.
1d ago Premier Explosives' profit jumped 60% even as a plant accident bit.