Premier Explosives Limited (PREMEXPLN) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Premier Explosives Limited stock ₹52.10, price ₹510, that is 89.8% below the price, quality 41 out of 100. Rating: strongly overvalued. Calculated from audited financials with 17 of our 26 valuation models and 37 quality factors, updated daily.
Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with oneYes, for free
Premier Explosives Limited manufactures and sells high energy materials and allied products in India and internationally.
Show moreShow less
The company offers bulk and packaged explosives, detonators, detonating fuses, solid propellants, pyrogen igniters and initiators, pyro devices, war heads, ammunition, chaffs, flares, fully assembled rocket motors, explosive bolts, pyro actuators, smoke markers, cable cutters and tear gas.
It also operates and maintains solid propellant plants for defense and space establishments. Its products are used in the mining, infrastructure, defense, space, homeland security, and other areas. The company markets its products through consignment agents, dealers, and handling agents.
Premier Explosives Limited was incorporated in 1980 and is based in Secunderabad, India
Stock analysis
Premier Explosives Limited (PREMEXPLN) currently trades at ₹509.70, while our model-based Fair Value estimate is ₹52.10, 90% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of ₹148.18 per share, and 0 of the 17 models we run sit above the ₹509.70 price.
Bear case: the Asset-Based group reads lowest at ₹11.95, and 17 of the 17 models stay below the price. Data coverage for this calculation is low.
Scenario range: ₹46.02 (bear) to ₹69.54 (bull), the price of ₹509.70 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 41/100 (below-average quality), in the Basic Materials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Premier Explosives Limited reported revenue of ₹3.9B in FY2026 versus ₹2.0B in FY2022, a compound +18.2%/yr. Reported net income was ₹458M in FY2026, compounding +71.5%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.
Key figures
Market cap ₹28.0B (≈ $299M) Micro · P/E ratio 81.6 · P/S ratio 8.04 · EPS (TTM) ₹6.24 · Dividend yield 0.1% · Net margin 9.6% · Return on equity 17.1% · Return on assets (EBIT) 11.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 49 out of 100 (medium confidence).
What moves the price
The share trades about 37% below its 52-week high and 34% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −42% fair-value upside, at −90%, PREMEXPLN screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (₹4.47 to ₹276.96). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear₹46.02Fair Value ₹52.10Bull₹69.54
Price ₹509.70 · Downside -89.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then (₹3.48 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−7.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+24.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+20.4%
Start year 2021 (pandemic). Over 10 years: +7.7% a year
Revenue growth 20 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.1%
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+11.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+11.6%
Dividend (yield on the price)0.1%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.11.6% vs 2.9%, picking up
Profit margin 2020 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−6% → 7%
Pace: the 5-year rate starts in 2021 (pandemic)
⚠ Revenue per share shrinking 7.9%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Compare Premier Explosives Limited with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Specialty Chemicals · 727 stocks
Beats the industry median on 4/12 measures
Overall it trails its industry peers.
Valuation
Quality Score41 · Bottom 25%
Fair Value upside−89.8% · Bottom 25%
Profitability
Return on equity (12 months)17.1% · Top 25%
Return on assets9.5% · Top 25%
Net margin (12 months)9.6% · Above median
Operating margin (12 months)2.9% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−27.8% · Bottom 25%
Dividend yield (12 months)0.1% · Bottom 25%
Balance sheet
Debt / equity0.05× · Below median
Valuation Multiplesvs Specialty Chemicals median · lower = cheaper
P/E (12 months)81.6× · Priciest 25%
P/B9.70× · Priciest 25%
P/S (12 months)8.04× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 67
PAST (return on equity)68· sector 27
HEALTH (low debt)98· sector 95
DIVIDEND (yield)2· sector 31
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Premier Explosives Limited (PREMEXPLN) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of ₹52.10 versus a price of ₹509.70, about 90% lower (overvalued).
What is the fair value of PREMEXPLN?
Our model-based fair value for Premier Explosives Limited is ₹52.10 (as of Nov 7, 2026), built from audited fundamentals. The current price: ₹509.70.
What is the quality score of PREMEXPLN?
Premier Explosives Limited has a Quality Score of 41/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Premier Explosives Limited (PREMEXPLN)?
Our model-based price target is the fair value of ₹52.10 (as of Nov 7, 2026) from 17 valuation models. Cautious scenario ₹46.02, optimistic scenario ₹69.54. It is a calculation from audited fundamentals, not an analyst target.
What is the Premier Explosives Limited stock forecast for 2026?
Our models put fair value at ₹52.10, about 90% lower versus a price of ₹509.70 (overvalued). Cautious scenario ₹46.02, optimistic scenario ₹69.54. The calculation is refreshed regularly with new filings.
What is the revenue of Premier Explosives Limited (PREMEXPLN)?
Premier Explosives Limited reported trailing-twelve-month revenue of about ₹3.5B (latest available figure, as of Nov 7, 2026).
Does Premier Explosives Limited pay a dividend?
Premier Explosives Limited currently shows a dividend yield of 0.10% relative to its recent price (as of Nov 7, 2026).
What is the intrinsic value of Premier Explosives Limited (PREMEXPLN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Premier Explosives Limited it is ₹52.10 per share (as of Nov 7, 2026), against a price of ₹509.70. It is the blended result of 17 valuation models (cash flow, earnings, asset, dividend).
Is Premier Explosives Limited stock overvalued or undervalued in 2026?
As of Nov 7, 2026, PREMEXPLN trades above its calculated fair value: price ₹509.70, fair value ₹52.10, a gap of about −90% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of PREMEXPLN?
No. The price is what the market pays today (₹509.70); the fair value is what the company's own numbers justify (₹52.10). For Premier Explosives Limited the two are ₹457.60 per share apart. That gap is exactly why we show both numbers side by side.
How much is Premier Explosives Limited worth?
The market values Premier Explosives Limited at about ₹28.0B (market capitalisation, as of Nov 7, 2026). Per share that is ₹509.70; our models calculate a fair value of ₹52.10 per share.
What do the bullish and bearish scenarios say about PREMEXPLN?
Our models span a range for Premier Explosives Limited: cautious scenario ₹46.02, base ₹52.10, optimistic ₹69.54 per share (as of Nov 7, 2026, price ₹509.70). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of PREMEXPLN?
Premier Explosives Limited trades at a price-to-earnings ratio of 81.6 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹52.10 is built from several models across several years. Other multiples: P/B 9.7, P/S 8.0.
How solid is the balance sheet of Premier Explosives Limited (PREMEXPLN)?
Balance-sheet figures for Premier Explosives Limited (as of Nov 7, 2026): return on equity 17.1%, debt of 0.05 per unit of equity. They feed the Quality Score of 41/100, which measures business quality independently of the share price.
How far is PREMEXPLN from its 52-week high?
Premier Explosives Limited trades at ₹509.70, about 37% below its 52-week high of ₹807.90 and 34% above the low of ₹381.22 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ₹52.10 is for.
Which stocks are comparable to Premier Explosives Limited?
From the same area (Basic Materials) we also value Linde plc, Ecolab Inc, The Sherwin-Williams Company, Nan Ya Plastics Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Premier Explosives Limited stock attractive at the current price?
The data as of Nov 7, 2026: price ₹509.70, calculated fair value ₹52.10 (−90%), Quality Score 41/100, from 17 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of PREMEXPLN calculated?
We run Premier Explosives Limited through 17 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹52.10, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 12.7% above its aggregate fair value. Premier Explosives Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Premier Explosives Limited (PREMEXPLN)?
The closing price on Nov 6, 2026 was ₹509.70. Our model-based fair value is ₹52.10, about 90% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Premier Explosives Limited right now?
The price sits above even our optimistic bull case (₹69.54). The favourable scenario is already priced in. Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Where does the earnings growth of Premier Explosives Limited (PREMEXPLN) come from?
Earnings per share at Premier Explosives Limited grew −1.3 % a year from 2015 to 2026. Broken into its drivers: revenue per share −9.2 %, EBIT margin +14.3 %, tax rate +0.9 %, residual (interest, one-offs) −5.8 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Premier Explosives Limited
How large is the market capitalisation of Premier Explosives Limited (PREMEXPLN)?
The market capitalisation of Premier Explosives Limited is ₹28.0B (≈ $299M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Premier Explosives Limited (PREMEXPLN)?
The price-to-sales ratio of Premier Explosives Limited is 8.04 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Premier Explosives Limited (PREMEXPLN)?
Earnings per share at Premier Explosives Limited are ₹6.24 (price ÷ EPS = P/E 81.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Premier Explosives Limited (PREMEXPLN)?
The dividend yield of Premier Explosives Limited is 0.1% (payout 8.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Premier Explosives Limited (PREMEXPLN)?
The net margin of Premier Explosives Limited is 9.6% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Premier Explosives Limited (PREMEXPLN)?
The return on equity (ROE) of Premier Explosives Limited is 17.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Premier Explosives Limited (PREMEXPLN)?
On an EBIT basis the return on assets of Premier Explosives Limited is 11.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Premier Explosives Limited (PREMEXPLN)?
The operating margin of Premier Explosives Limited is 2.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Premier Explosives Limited (PREMEXPLN)?
Revenue at Premier Explosives Limited is growing −27.8% versus a year earlier (3y avg +24.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Premier Explosives Limited (PREMEXPLN)?
Earnings per share at Premier Explosives Limited are growing −80.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Premier Explosives Limited (PREMEXPLN) generate?
The free cash flow of Premier Explosives Limited is −₹301M (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Premier Explosives Limited (PREMEXPLN) hold?
Premier Explosives Limited holds more cash than debt, ₹277M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Premier Explosives Limited in the live analysis
One click puts Premier Explosives Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 7, 2026