Premier Explosives Limited (PREMEXPLN.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-103.7%

-₹20.17

vs ₹549.00 price

Levered DCF

₹139.40

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	44.78×	68.95×	57.42×	63.18×	12.71×	-3.02×	-1.33×	4.76×
P/B	7.1×	8.05×	1.48×	0.45×	0.36×	0.18×	0.07×	0.26×
P/S	5.28×	4.74×	1.2×	0.43×	0.34×	0.21×	0.08×	0.21×
EV / EBITDA	26.9×	33.22×	6.21×	6.04×	6.55×	-49.37×	-18.31×	3.07×
Gross margin	21.6%	42.8%	56.9%	57.0%	49.2%	50.2%	46.2%	39.7%
Operating margin	6.9%	27.8%	34.4%	8.8%	6.5%	0.1%	-5.7%	7.7%
Net margin	11.8%	6.9%	10.4%	3.4%	2.7%	-7.1%	-6.0%	4.5%
Current ratio	1.65×	1.28×	1.27×	1.12×	1.12×	1.15×	1.3×	2.14×
Debt / equity	0.11×	0.17×	0.28×	0.43×	0.41×	0.31×	0.29×	0.13×
Interest coverage	7.96×	10.74×	8.91×	1.99×	1.78×	0.03×	-1.56×	3.48×
Dividend yield	0.1%	0.1%	0.6%	1.9%	0.0%	0.0%	26.5%	5.9%
Payout ratio	5.9%	9.4%	6.4%	23.3%	0.0%	0.0%	-35.2%	28.2%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	15.8%	11.7%	12.9%	3.5%	2.8%	-5.9%	-5.1%	5.4%
Return on invested capital	5.9%	28.3%	31.5%	5.0%	3.5%	0.1%	-2.4%	5.4%
Return on assets	9.5%	5.4%	6.4%	1.9%	1.6%	-3.7%	-3.2%	3.8%
Free cash flow yield	-1.5%	5.3%	17.1%	7.8%	-24.6%	-9.1%	-271.1%	22.7%
Earnings yield	2.2%	1.5%	8.7%	7.9%	7.9%	-33.2%	-75.1%	21.0%
Enterprise value	₹20.3B	₹19.3B	₹3.7B	₹1.7B	₹1.4B	₹900.7M	₹689.5M	₹796.1M
Net debt / EBITDA	-0.24×	-0.91×	0.7×	2.94×	3.5×	-31.33×	-14.8×	0.99×
Cash conversion cycle (days)	124	90	325	367	194	206	205	146