1:5 Split, 21,364% Returns: Explosives Stock Fixes Record Date For 25% Dividend: Eligibility, Performance

Defence company, Premier Explosives Ltd. is coming up with Rs 0.50 dividend reward for its investors and the record date for eligibility has been fixed in September 2025. This comes after Premier Explosives delivered a Rs 0.50 dividend and a 1:2 stock split in 2024. However, as of late, this explosive stock has corrected sharply while its price-to-equity ratio has stayed above 50 for four consecutive quarters, as per BSE data. Despite this, Premier Explosives' all-time gain is a whopping 21,361.86%.

Premier Explosives Share Price:

After the market hours of August 21, Premier Explosives stock price closed at Rs 507.45 apiece on BSE, down marginally by 0.3% with market cap at Rs 2,728.11 crore.

In past five sessions, the stock is down by 6.54% on BSE. While YTD, the stock has dropped nearly 7%. In a year, the downfall is around 14%.

Notably, in the long-term Premier Explosives has emerged as a multibagger. In 5 years time frame, the stock has zoomed by a whopping 1,768.31%. But its all-time gains is massive by 21,361.86% as of now. The stock price stood at Rs 2.36 per piece level on July 14, 996.

Premier Explosives Dividend:

This smallcap holds a steady record of delivering dividends to its investors. However, past two years, the dividend payout has been lower.

This time, the company has announced a final dividend of Rs.0.50/- (Le., 25%) per equity share of Rs. 2/- each for the financial year ended March 31, 2025, subject to approval of the members at the ensuing 45th Annual General Meeting (AGM) of the Company. The dividend, if approved by the Shareholders, will be paid with 30 days of approval/declaration.

The record date for this dividend is fixed on Tuesday, September 23, 2025, for determining the eligible members.

This dividend is unchanged from Rs 0.50 per share dividend paid in 2024.

Premier Explosives Stock Split:

The stock first split on June 21, 2024, in a ratio of 1:5. This meant that 1 equity share of Premier Explosives at a face value of Rs 10 each was split into five smaller shares with a face value of Rs 2 each.

On the ex-split date aka June 21, the stock ended at Rs 885 apiece on NSE. While on the ex-split date, the company had also touched a new 52-week high of Rs 908.80 apiece.

The stock has corrected sharply since its ex-split.

About Premier Explosives:

PEL has the widest range of products and technologies in the manufacture of Explosives & Accessories. These include Emulsion and Slurry explosives, LD cartridge explosives, Bulk Explosives, Small-dia non-permitted explosives, Permitted explosives, Cast Boosters, Pillow-packs for secondary blasting; Detonating Fuse of various core-loads, Plain detonators, Instantaneous Electric Detonators, Electric Delay Detonators, Permitted Detonators, Cord Relays and Amardet NoN Electric Shock-tube Detonators.