Premier Explosives Limited (NSE: PREMEXPLN) Q4 2025 Earnings Call dated May. 23, 2025
Corporate Participants:
T V Chowdary — Managing Director
Vijay Kumar B.M — Chief Financial Officer
Analysts:
Akhilesh Gandhi — Analyst
Dipen Vakil — Analyst
Sarjeet Yadav — Analyst
Unidentified Participant
Santanu Chatterjee — Analyst
Manish — Analyst
Keshav Harlalka — Analyst
Niraj Mansingka — Analyst
Presentation:
Operator
Ladies and gentlemen, good day and welcome to the Q4 and FY ’25 Conference Call of Premier Explosive Limited hosted by Stella Stellaria. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touchstone phone. I now hand the conference over to Mr Akilesh Gandhi from Stellar IR. Thank you and over to you, sir.
Akhilesh Gandhi — Analyst
Thank you, Steve. Good afternoon, everyone. On behalf of Investor Relations, welcome you all to Prem Explosives quarter-four and FY ’25 earnings conference call. We shall be sharing the key operating and financial highlights for the 4th-quarter and full-year ended on, 31, 2025. Today, we have with us the senior management team of Prem Explosive Limited; Mr TV So, he is a Managing Director and along with them, we have Mr Vijayji Kumar, who is the Chief Financial Officer.
Before we begin, I would like to state that this call may contain some of the forward-looking statements, which are completely based upon the company’s beliefs, opinion and expectation as of today. The statements made in today’s call are not a guarantee of future performance and also involve unfortunate risks and uncertainties. The company also undertakes no obligation to update any forward-looking statements to reflect development that occur after the statement is made. Documents relating to the company’s performance, including investor presentation have already been uploaded on the stock exchange.
Now I invite Mr So to share his initial remarks on the company’s performance for the 4th-quarter and full-year ended on March 31, 2025. Thank you, and over to you, sir.
T V Chowdary — Managing Director
Thank you, Mr Gandhi, and good afternoon, everyone, and thanks for joining the call. Financial year ’25 delivered a strong performance with revenue increasing 54% year-on-year to INR470 crores, driven by robust growth in our Defense and Space Services division. Further, we are happy to share that in March 2025, we have also signed a joint-venture agreement and shareholders agreement with Global Munition Limited, a subsidiary of NIB and Maritime Limited Group company to manufacture defense and aerospace products. Our current outstanding order book stands at INR750 crores, forming 1.8 times of financial year 2025 revenue.
During the quarter, execution of old orders has paved the way for bidding and securing larger high-value orders from the Ministry of Defense, the Indian defense industry and International defense entities. In Q4 financial year ’25, we received orders from various Entities such as Gramos Aerospace Private Limited for propeline casting and assembly of boosters and various overseas clients for design and development of rocket motors and supply of defense explosives, which are under different stages of execution. We would like to acknowledge an unfortunate fire and explosion incident that occurred in that occurred on 29th April at our Katapali village across Telangana the explosion took place in one of the production buildings units, especially in the big solid top-line mixer unit. We do not expect this incident to have a material impact on our operations. As a regulatory requirement, the position Control Board temporarily directed us to shut-down the plant and we are actively working with the authorities to secure the necessary clearances, which we expect to receive within a few weeks. We are closely managing the situation and would like to assure all stakeholders that our facilities are fully-insured and we anticipate receiving the claim in the coming months. Coming to future outlook, Premier is the only Indian company qualified to manufacture countermeasures and specializes in exporting fully assembled rocket motors. Along with rocket motors, it also manufactures and exports warheads, mines and ammunition under the Bharat Initiative. With the Ministry of Defense promoting domestic production and reducing imports, this policy supports premium’s growth by driving local manufacturing. In financial year ’25, we generated a healthy cash profit of INR40 crores by maintaining stable operations and leveraging our efficient cost structure. We aim to further enhance operational efficiency and boost cash-flow. This strengthened cash-flow will reinforce our balance sheet with a positive outlook on the defense and aerospace sectors, we are focused on becoming a key player in both domestic and exports market. Now I request Mr Vijay Kumar, our CFO, to share the financial performance.
Vijay Kumar B.M — Chief Financial Officer
Thank you, sir. Good afternoon, everyone. The result presentation for the quarter and full-year ended has been upload in the stock exchanges and on the company’s website. I believe you may have gone through the same. The revenue from operations for Q4 FY ’25 stands at INR74.1 crores as compared to INR86.8 crores in Q4 FY ’24, which shows a degrowth of 14.6% year-on-year. Our operating profit for Q4 ’25 stands at INR9.6 crores as compared to INR15.1 crores in Q4 FY ’24. The operating margin for the quarter stand at 12.9%. We reported a net profit of INR3.7 crores compared to INR6.6 crores in Q4 FY ’24. Let me take you to the FY ’25 performance. The revenue from FY ’25 stands at INR470.5 crores as compared to INR271.7 crores in FY ’24, translating a growth of 54% year-on-year. Operating profit FY ’25 stands at INR58 crores as compared to INR58.5 crores in FY ’24. The operating margin stood at 13.9% in FY ’25. The net profit for in FY ’25 stood at INR28.6 crores compared to INR28.1 crores in FY ’24.
Now coming to the order book, the company’s current order book stands at INR750 crores, out of which the defense segment order is majority of INR610 crores, which is equal to 81% of the total order book. Explosive segment stands at INR73 crores and service segment, which is operational and maintenance service segment stands at INR67 crores. The order book shows a solid strong growth towards the coming years. We are very much content that with our continued execution run-rate in the forthcoming quarters, we’ll be continuing with the growth trajectory.
With this, we will now open the floor for questions-and-answer. Thank you.
Questions and Answers:
Operator
Thank you very much. We will now begin the question-and-answer session. Anyone who wishes to ask a question may press star and one on their touchstone telephone. If you wish to remove yourself from the question queue, you may press star and 2. Participants are requested to use handset while asking a question. Ladies and gentlemen, we will wait for a moment while the question queue assembles the first question is from the line of Dipen Vakil from PhillipCapital. Please go-ahead.
Dipen Vakil
Thank you for the opportunity and congratulations on a good execution. Sir, my first question is on the lines of can you share with us what is your split — order book split between domestic and export and what could be the execution period for the existing order book
T V Chowdary
Total order book is INR750 crores which is of course period of this is expected to be executed in a period of 18 months coming to exports and then domestic order boom, you have
Vijay Kumar B.M
INR10 crores. It’s about INR100 crores of export and balance is domestic.
Dipen Vakil
Got it, sir. Sir, my next question is in the lines of — so right now there is a news going on regarding the emergency procurement orders and the inquiries floating around from the government. So can you help us with the status of what kind of inquiries you are witnessing? When order inflows can be expected and what would be your order inflow guidance for this year?
T V Chowdary
And there are different emergency procurement operations are going on, but I think it is too early to comment on that.
Dipen Vakil
And your order inflow guidance for this year? Order inflow guidance for FY ’26?
T V Chowdary
Yeah, we — this will be maintained at. Around INR80 crore INR800 crores order book will be maintained with the regular inflow of orders.
Dipen Vakil
Got it, sir. I have more questions. I’ll join back the queue. Thank you so much.
Operator
Thank you. The next question is from the line of Serjee Gadha from Mount Intra Finance. Please go-ahead.
Sarjeet Yadav
Good evening, sir. Sir, my question is around the incident which has taken place. What do we see that possible cause and impact on any of the deliveries or what could be any penalty because of these orders? So what is the financial impact of this event which is happening? Happening since one is the delay in the order, second is the loss and third is when the plant is not functional.
T V Chowdary
Yeah. Coming to the thing, the accident happened in large fixing plant, proper line mixing building where the building has totally collapsed and the equipment also damage the mixer and this the cause for the accident is being investigated. It is too early to say the experts are put on-the-job and then they are getting permission for clearance of the debris and all this. After all that only the assessment and causes can be done. And about the effect of this accident on the performance of the company. This being — if you all remember, we have two facilities, Katapali and then the for manufacturing. So most of the tactical missiles and all those are produced at facility and also we have a parallel line at Katapali for doing it. So the only the area which can get affected is the large-diameter rocket motors, which is supply to ASL and so the total revenue from this is expected to be INR25 crores to INR30 crores of the total revenue. So that — there will be effect on that amount.
Vijay Kumar B.M
As far as financial impact is concerned, we are fully ensured. So we’re not foreseeing any anything on that.
Sarjeet Yadav
And closure of this plant, sir, in case you can just clarify, in case this only a part of this plant is closed or the entire factory has been closed for this review because the impact will be different in both the cases.
T V Chowdary
So the pollution Control Board has as a practice, they have declared a closure which is a regular procedure. First, the debris has to be cleared and then they will see whether it has caused any pollution, the fire and the water which is used in the firefighting, whether it caused any pollution, they will check it and then they clear it. So the process is going on, we are pursuing the matter and we hope by the end of this month that should be cleared. Other than that the other operations and all those are open and only that area, the is only suspended by.
Sarjeet Yadav
Okay.
Vijay Kumar B.M
So once collection control board gives the clearance, only that building is not operational, rest of the buildings and rest of the plants are all operational.
Sarjeet Yadav
Okay. Thank you, sir. Thank you for your insight, sir.
T V Chowdary
Yeah.
Operator
Thank you. Before we take the next question, we would like to remind participants that you may press star and one to ask a question. Thank you. The next question is from the line of Ashish, an Individual Investor. Please go-ahead.
Unidentified Participant
Hi, hello. My question is around trying to see the operating revenue growth over the last four to five quarters. So for the latest quarter March ’25, the operating revenue standing at INR74 crore is significantly lower compared to the growth trajectory that has been seen since, I would say March ’24 has been linearly growing. I would be keen to understand what changed significantly in this quarter — last quarter on the operating revenue front.
Vijay Kumar B.M
What happens is we have different charters and all these things when we — when dispatches shift to 1/4 to other quarter usually it gets delayed. In the last quarter, there was load inpatches. So that’s why the was there.
T V Chowdary
As I mentioned in earlier meetings also, the defense products are dispatched against a pre-dispatch inspection. So if the team which has come for prespatch inspection, if they get delayed by another 10 days, it will go into the next quarter. That is the reason for that.
Vijay Kumar B.M
Otherwise our turnaro is higher than the regular one for INR417 crores compared to previous year turnover of 271 crores is the highest turnover in the company’s history.
Unidentified Participant
Thank you.
Operator
The next question is from the line of Praveen Sharma, an Individual Investor. Please go-ahead.
Unidentified Participant
Yeah. Sir, this is this is regarding the growth prospects of the company, like I’ve been keeping a track from this company and invested very heavily. I just wanted to know that like what happened this particular quarter, the revenue has been very less, also the PAT but keeping the order book there in-hand, we expect a better quarter coming next and thereafter or this sort of variation will continue to happen in future also depending on what you said that the inspection team is coming and thereafter validating and giving the thing.
T V Chowdary
This things will happen quarter-to-quarter. It is not a — we are not in the business of commodity, which is consistently consumed and all that. The defense products are going by order to other. So there can be fluctuations of the tunnels. In some quarters, they’ll be high and some quarters it will be low. But overall performance is annual performance are year-on-year, we have to compare
Unidentified Participant
And thank you very much. Thanks, sir.
Operator
Thank you. Thank you. Ladies and gentlemen, if you wish to ask a question, you may press star N1. Participants who wish to ask a question to the management may press star N1 on your touchstone telephone. The next question is from the line of Amit Kumar, an Individual Investor. Please go-ahead.
Unidentified Participant
Thank you for the opportunity, sir. Sir, I have a question that in recent operations Hindur, so a lot of missiles were used, Akash and. So just wanted to know that what is the value we are supplying in these missiles which were used? And second, if you could provide the revenue and EBITDA guidance for next two, three financial years.
T V Chowdary
The missiles what are used in this and all those, our contribution is the solid propeline and other energetic components are contributed by explosives. So the cost of these items will be somewhere around — they vary from missile to missile. It is not same for everything. So it will be between 10% to 20% of the actual value is the value of the energy component supplied by us.
Unidentified Participant
And sorry, I’m new to this company. If you could explain a little bit what is the? I’m not 500 novel.
T V Chowdary
Propellant is the one which is filled in the rocket and rocket moves forward only with the propeline and premier explosives makes a solid propulant for all these
Unidentified Participant
Solid okay. And could you provide the revenue and EBITDA guidance for next two, three financial years?
T V Chowdary
Yeah, our target is to INR600 crores for the current financial year and expect to reach INR1,000 crore turnover by 2030. This is — and EBITDA is — EBITDA margin is between 18% to 20% is our future.
Unidentified Participant
Okay, okay. And like due to this incident — by incident, we might have — there might be some loss of revenue. So what actions we are taking that in coming quarters, we are able to manage these or manage operations without matching up our revenue and EBITDA.
T V Chowdary
So like I’ve explained, the other operations are except the production of the large motors, which is the total financial year turnover from that segment is expected to INR25 crores. That will be the loss of INRO.
Vijay Kumar B.M
Even after that, we are targeting about INR500 crore INR600 crores for the current financial year.
Unidentified Participant
Okay. Thank you very much, sir. Thank you. All the best.
Operator
Thank you. Thank you. The next question is from the line of Sajit Yado from Mount Intra Finance. Please go-ahead.
Sarjeet Yadav
Sir, thank you for giving opportunity for a follow-on question. Sir, can you just tell us what are the likely or some kind of orders which you are expecting during this current year? This is one question. And second is, and players who are facing certain problems. In case we get some fresh orders since we are the only ones who are manufacturing these products, how do you see yourself existing these products?
T V Chowdary
No, there is no problem. We are producing only because of the large order we had to meet from the imported payloads because of the geopolitical conditions, the transportation delays there are there, but otherwise the production there is no issue, we are producing and we’ll be able to meet the requirement even the emergency procurement order. We have already informed to the Air Force also about that and this basically asked for capabilities.
Sarjeet Yadav
Okay. Anything around the — what are the type of orders we may expect this year?
T V Chowdary
See the different orders are in pipeline based on that we’ll maintain this INR800 crores what we are order book after executing 600 tonne — INR600 crores also, we are expecting to maintain the same order book, which means some 500 crores 600 additional companies.
Sarjeet Yadav
Thank you, sir, understand probably you are not able to share the products. That’s fine.
T V Chowdary
Yes, sir
Operator
The next question is from the line of Nish, an individual investor. Please go-ahead.
Unidentified Participant
Hi, sir, actually I joined the call little late. So I’m not sure whether this covered or not. Can you please tell us about the significant drop-in revenues and margins? The reason for it?
T V Chowdary
Revenues, there is no drop, there is increase in revenue.
Unidentified Participant
Okay.
T V Chowdary
54% increase in revenue. The margins remained same, not because of thing, because of the — you have explained that certain orders and all those execution because of delay in execution for various reasons and you are expecting a late delivery charges. The late delivery — provision is made-for the late delivery chapter, but we have submitted our request for waving it off. So we are hoping that whatever difference is there that will be made-up in the next financial year.
Unidentified Participant
So how much we are expecting for this financial year?
T V Chowdary
How much means — you mean the turnover —
Unidentified Participant
Revenue growth, yes.
T V Chowdary
Yeah, we are expecting around INR600 crores turnover in the current financial year.
Unidentified Participant
Okay. And margins to be in similar lines
Vijay Kumar B.M
INR15 to 20%.
T V Chowdary
Yeah. EBITDA, you’re expecting 18% to 20%, probably around 15%.
Unidentified Participant
Okay. Also, if you can give me some update on the plant, how the capex will be done and how will you manage it?
T V Chowdary
This is a very general thing. If you can be more specific, it is better.
Unidentified Participant
Means whether we will be doing it 100 crores or like on raising some
Unidentified Participant
Debt of some loans.
T V Chowdary
Yeah, that’s what I said. Those are the ongoing debts and on the book of the company and finances, but do you have anything specific question then we can tell.
Unidentified Participant
Yeah, sir. I will join back the queue.
T V Chowdary
Yeah.
Operator
Thank you. The next question is from the line of Shantanu Chatterjee from Mount Intra Finance. Please go-ahead.
Santanu Chatterjee
Thank you for this opportunity, sir. My question is like that, although our top-line is growing like anything, it’s 54%, but bottom-line is not improving only because of LD charges. From which quarter we are expecting this kind of LD charges will go away.
T V Chowdary
So the LD charges will always be there. The only thing is, for any reason if there is a delay in supply, LD will apply to us.
Vijay Kumar B.M
But actually earlier contract will be completed by this year end. Maybe by December or March, we are going to complete that. Once that is completed, the healthy issue should be completed. As Sar said, in case in future, if we get some orders and if it gets delayed, we can’t say. So if we do — if you execute it without delay, there won’t be any.
Santanu Chatterjee
Sir, why I’m asking this question only because our normal margin is more or less as you have envised 18% to 20%. But due to these LD charges that our EBITDA margin dropped down significantly from that level to currently around 12.9%. So if this LD charges persist from here onwards, then how we can actually revert back towards our expected guideline, 18% to 20%.
Vijay Kumar B.M
So actually this LD, I told you, this LD is only on the specific contract, not on all the other orders. So once it is completed, the Delhi issue will not be there.
T V Chowdary
And then for your information, the last order what we executed also LD was there. After the LD was directed, we have submitted our request and appeal with all the reasons and it was considered and then LD got wavered. So we — in the present case also, we have submitted our reason for and all those and we are hoping that it will be considered probably. So automatically, this will be added to the next current financial year
Santanu Chatterjee
And great. And sir, what is the current status of our Orissa plant? Is it going according to our plan or there will be some
T V Chowdary
According to our plan only. See the government revenue department, they have their own pace of working, but still they are quite fast comparatively. Like large in the last meeting also I have shared that we have land is identified. There are some patches of forest land is there in that 500 acres which the government is working on it. The government land can be alternate land can be shown forest land we can add-up
Santanu Chatterjee
That means whatever is our commencement that for Phase-1 that is in currently?
T V Chowdary
Yes.
Santanu Chatterjee
Okay. Okay, sir. Thanks a lot for your clarification.
Operator
The next question is from the line of Deepen Vakil from PhillipCapital. Please go-ahead.
Dipen Vakil
Hi, thank you for the follow-up opportunity. Sir, my first question is, I want to understand the timeline of Exclusives receiving a contract. So for example, in January, PDL received a contract for MRSAM. So when are you expecting to get an order for or any supply POEs that you contribute to MR SAM? And similarly, is expected by end of this year. So can you just help us with the kind of timelines on premium explosives getting an order from their clients.
T V Chowdary
We already have orders on our hand. We have order of more than 500 numbers from BDL. BDL is the only integrating agency and Premier is the only supplying agency. Only thing is we are dependent on the hardware as FIM from BDL. Right now they are providing us around 30 numbers per month hardware. So whatever order feeling propulant and then delivering back.
Dipen Vakil
Got it. So it is that within two, three months you start receiving order from the client once they receive order?
T V Chowdary
Yeah. Okay.
Dipen Vakil
Sir, I wanted to understand that. Second question is, I wanted to understand that Shaft 10 players order is running in a delay. So what would be the pending order book for Shaft 10 players and so what kind of LUP schedule you are looking at it?
Vijay Kumar B.M
We’ll be completing around 60% of the order by this — by next month. And by December to March, we will be completing the complete order.
Dipen Vakil
Got it, sir. Got it. Thank you. Thank you for answering my question.
Operator
Thank you. The next question is from the line of Akshath from Ratta Securities. Please go-ahead.
Unidentified Participant
So we see a significant increase in payables and inventory. Can you share the reason for that?
T V Chowdary
Your voice echo is coming. Can you please check audio?
Unidentified Participant
So I was asking that we see a significant increase in inventories and payables. Can you share the reason for that?
Vijay Kumar B.M
Last year, turnover was INR271 crores. This year it is INR417. Turnover has also gone up. Accordingly inventories have also gone up.
Unidentified Participant
And for payables,
Vijay Kumar B.M
Yeah, yeah. Payables are also there. Cables also gone up in.
Unidentified Participant
So the increase in payables is almost close to 10x.
Vijay Kumar B.M
So yeah, current assets are also current assets are also gone up in the similar number. Yeah.
Unidentified Participant
Okay. Thank you.
Operator
The next question is from the line of Manish from Middleton Capital. Please go-ahead.
Manish
Yeah. So can you hear me? Hello. Am I audible? So you said that you will reach a INR1,000 crore turnover. What was the timeline you so set for that?
T V Chowdary
Year 2030 is our target year.
Manish
But after getting a INR600 crore turnover next year and aren’t you being too conservative for
T V Chowdary
To get 1,000 crores we are in the commodity business, it has order to order from defense. So today there is a demand because of the present situation and then the emergency procurement orders and all those. But after two years, it may not be the same thing. So that’s why we are — we’ll try to be a little competitive.
Manish
Okay. Thank you, sir.
Operator
The next question is from the line of Akshay Sharma from Golden. Please go-ahead.
Unidentified Participant
Yeah. Hi, sir. My question is on the bulk explosive side. What’s your current utilization and what are the constraints in terms of if we need to add some capacity, how quickly can we add there?
T V Chowdary
See, we have — right now we are operating our two bulk explosives plants located in the Singrani this area, both are working and delivering. We have another two plants in coal India, they come under coal India, that is Western coal fields in Chandrapur and another at in Madhya Pradesh. These two are right now since we don’t have any coal India order so they are now idle. So next coal India tender when it comes, again, we’ll have to participate and see that because of the prices and all those which are margins have become very low because of raw-material costs have gone up there. So we are careful before we accepting the orders.
Unidentified Participant
Okay. Okay. And what are the margins for this segment, sir?
T V Chowdary
For this segment there is big fluctuation because of the raw-material. So I don’t think we’ll be able to sell the margin today.
Unidentified Participant
Okay. Okay. Sure, sir. So we can say we are working at 50% capacities.
T V Chowdary
Yeah, not 50%, you can say we are at 30% capacity.
Unidentified Participant
Okay. Sure, sir. Thank you.
Operator
The next question is from the line of Anuj from Finance. Please go-ahead.
Unidentified Participant
Yes, hi, sir. This is Anuj from. So my question would be, I mean, I can see a significant jump-in order book of — which went up 21%. So my question is like this current order book, which we have almost INR84,000 crores. So how much order we are getting from, I mean, Indian defense of Indian government.
Vijay Kumar B.M
We have about 80% order book is from defense only. Balance is domestic. I mean commercial,
Unidentified Participant
Commercial. Okay, okay. Okay, sir. Okay. And the inflows, I mean, the new order book, which is almost around INR31,000 crores. So in that also we can assume that 80% of the order is coming from perhaps Indian defense, right?
Vijay Kumar B.M
INR31 why ? What is that INR31,000 crores?
Unidentified Participant
And the new bookings, which you have almost INR31,000 crores, right? I mean the new order inflows.
Vijay Kumar B.M
What is that INR31,000 crores?
Unidentified Participant
I mean, see, I can see the order book details which went up I mean from December ’24 to March ’25.
Vijay Kumar B.M
We have only INR750 crores order, INR750 crores order book as on-date that will be maintained. And also out of that, 80% around 80% will be from December.
Unidentified Participant
Okay. Thank you. Thanks thank you. Thank you, sir.
Operator
Thank you. Thank you. The next question is from the line of Praveen from Anaya Research. Please go-ahead.
Unidentified Participant
Yeah, thanks for the opportunity, sir. Sir, out of this INR800 crores of order book size of possibility that you’re mentioning, how much is the international part and then part two, you are expecting some potential international customers from Philippines is there any update on the sale? Thank you.
Vijay Kumar B.M
We have about INR100 crores in exports and balance is domestic.
Unidentified Participant
Okay. Any update on the Philippines that you’ve been working, sir? Last quarter you have been mentioning about it?
T V Chowdary
Philippines, we are not working directly with Philippines. We are exporting industrial explosives to Thailand and Philippines. Aren’t a different.
Unidentified Participant
Thank you very much,
Operator
Thank you. The next question is from the line of Keshav from BHS Securities. Please go-ahead.
Keshav Harlalka
Yeah. Sir, this Telangana plant in which there was a blast. So what is the financial impact of that on your financial — on your P&L?
T V Chowdary
I think just few minutes back, I was explaining the same thing.
Keshav Harlalka
Okay, I missed it. I missed it, yeah.
T V Chowdary
This plant, it is not the whole plant or something, it is one building of Katapali plant where the accident took place that building has become inoperative, okay. And temporarily, the pollution Control Board has suspended the license rather declared a closure
Keshav Harlalka
Of the whole plant?
T V Chowdary
Yes.
Keshav Harlalka
The whole plant or only that building,
T V Chowdary
Full plant,
Keshav Harlalka
Whole plant okay,
T V Chowdary
Full plant, but we have already approached them and then it is — we are expecting that to be revoked by the end of this month. And the revenue loss — revenue loss because of the accident is expected to be around INR25 crores in the current financial year.
Keshav Harlalka
Okay. Okay, okay. And the poor financial — sorry to repeat at all. And the poor financials of this quarter were attributable to something else, or what the poor financials PAT, everything has fallen EBITDA sales, everything has fallen, so this is attributable to what
T V Chowdary
This is — some of the deliveries which we are expecting to do it, those are delayed because of the delays in the inspection. But still the turnover-wise, there is a big jump-in the turnover. Okay. Yeah. In the quarter-to-quarter it can vary sometimes based on the deliveries and infections and
Keshav Harlalka
Of course, can’t feel in a tissue. Okay. Okay, okay, okay. So going-forward, we should — the company should do well financially and operationally
T V Chowdary
Yes we hope so yes we hope all the efforts are for that only
Keshav Harlalka
Okay and [Speech Overlap] hello.
T V Chowdary
Yes. Hello?
Unidentified Participant
Yes, sir. So we want some clarity and color on the commencement of operations at the Telangana plant, which has been closed and what is the impact on production because of the closure? And what — can you just give your comments?
T V Chowdary
I just now answered the same question. I think the Telangana plant, it is expected to be revoked by the end of this month. It is because we have already approached officials and submitted our replies and reports. So it is expected to be revoked by the end of this month. And the financial impact is expected to be around INR25 crores revenue for the financial year ’25-’26.
Unidentified Participant
Okay. Okay. Thank you so much. That’s all.
T V Chowdary
Yeah.
Operator
The next question is from the line of Niraj from White Pan Investment. Please go-ahead.
Niraj Mansingka
Yes, sir. Sorry, I just got late. I don’t whether you answered this. So the LD damages where you had a portion 15% of revenues for the LD damages. So what is the status right now and this quarter also did have the 15% additional cost as when you reported in numbers
Vijay Kumar B.M
We already explained that what we are saying is we have only one order in which we have LDs. So if we — when we are executing the charter, that will be a reduction of 15%. So that also requesting them to reverse it and give it back to us. So that effort is also going on. So otherwise only on the particular order, there will be 15%. Otherwise rest of the order, there is no entry.
Niraj Mansingka
So cumulative of all the order supply that you have done, that one order that is, how much is the total amount is there to
Vijay Kumar B.M
— as of date, it will be around INR35 crores.
Niraj Mansingka
INR31 crores. Okay. And sir, another quick question is in case say another question, in case there is a order given by the government to an extent of what percent should it flow to you? But of that any QRSM and Akash? But
T V Chowdary
Your part on cost is not understood.
Niraj Mansingka
Yeah, if there is a QRM order — and then a cash order, what percentage of —
T V Chowdary
There is no QRCI martal with us?
Niraj Mansingka
No, no, no, I’m not saying that sir. I’m saying, if there is a QRCM order that is given to BDL, what proportion of that should flow to you is what the question is.
T V Chowdary
The 100% requirement of propellance and energetics flows to premier explosives because as on-date, we are the only qualified expos.
Niraj Mansingka
Right, sir. And what is that amount as a percentage of the cost of the missile also?
T V Chowdary
I think few minutes back, I explained it is around between 10% to 15% depending on the missile to missile, it changes. I think the questions are becoming repetitive.
Niraj Mansingka
No, sir. Okay. Okay, sir. Thank you. I’ll come back later on thank you.
Operator
Okay. The next question is from the line of Karpek Pat, an individual investor. Please go-ahead.
Unidentified Participant
Yeah, I hope I’m audible. My question was on the construction of the new larger plant for IDX and HMX at. So if you can just share an update on the same, is it nearing completion, sir?
T V Chowdary
No, it is going on. Civil works are — both are going parallel, civil works as well as the fabrication of the equipment and all those. And as on-date, we still feel that by August, we’ll be — by August, we’ll be completing the wheel works and then fabrication and then commissioning of the plant and then production and all those are expected to add over?
Unidentified Participant
Okay. And I think in the last one or two calls back, you were alluding to RFPs in this RDX and HMS segment. So any new inquiries or RFPs that we are participating of late, especially from exports?
Vijay Kumar B.M
Yeah, we have several queries for export of RBS
Unidentified Participant
Okay, sure, sir. Thank you so much.
Operator
Thank you. The next question is from the line of Niraj from White Pine Investment. Please go-ahead Mr Niraj, your line has been unmuted. Please go-ahead with your question.
Niraj Mansingka
Sir, what is the status of the RFP for the ammunition and the greenates
T V Chowdary
Your position of RFP
Niraj Mansingka
For the animation on the. So what is the status of the RFP of animations and setting?
T V Chowdary
The multiple RFPs have come earlier because the technology what we have is from DRDO, but unfortunately, the round — the material — some of the components required for that are not available from MIL says they cannot supply now. So that’s why we have not accepted the — our orders from heads. Now we are — we have found other sources. So we are hoping that in the latest RFPs which are out, we are going to participate.,
Niraj Mansingka
The RFP that was earlier open, that is we are not party that is closed or what?
T V Chowdary
Yes, yes, because yeah, because the technology and all those it has to be DRG or technology where we have To use MIL material. I think it’s a bit long-story that.
Niraj Mansingka
Okay. Okay but this — how large are these generally the RFPs in terms of value?
T V Chowdary
I won’t be able to tell that. There are multiple, not one RFP or anything. There are multiple RFPs.
Niraj Mansingka
Okay. And sir, the question on the Brahmos side, on the rocket motor, so what is the status right now? Last-time you had said that you received the orders on the rocket motor.
T V Chowdary
We have 60 numbers of promote supply with us. So now this is one this accident has paved way for shifting this to our PDK plant. So we plan to produce from PDK plan and meet the requirement.
Niraj Mansingka
And that will take how much time to shift.
T V Chowdary
But it’s a far working plant only, it doesn’t require everything.
Niraj Mansingka
Okay. And this — the orders that you were told INR26 crores, that was still one, right?
T V Chowdary
Value. 60 number.
Niraj Mansingka
Okay, got it. Okay, all right, sir. Thank you.
T V Chowdary
Thank you thank you.
Operator
Thank you. Ladies and gentlemen, this was the last question for today’s conference call. I now hand the conference over to Mr for his closing comments.
T V Chowdary
Yeah, thank you for your support when we have all the difficult times due to accident and all those. I really thank everybody from bottom of my heart for cooperating and then still having the conference and and we’ll overcome all the and then we’ll definitely perform well and as per your expectations. Thank you very much.
Operator
Thank you. On behalf of Premier Explosure Limited, that concludes this conference. Thank you for joining us and you may now disconnect your lines. Thank you