Synopsis:
Premier Explosives Ltd secured an order worth Rs.22.36 Cr from an International Entity for the Supply of rocket motors.
The shares of this small-cap stock that engaged in the manufacturing of industrial explosives and detonators are in focus after receiving a new order worth Rs.22.36 Cr from International Entity.
With a market capitalization of Rs. 2,415 Crores, the shares of Premier Explosives Ltd opened at Rs. 435.20 per equity share, from its previous day’s closing price of Rs. 456.65.
Order Details
Premier Explosives Limited, a leading Indian defence and explosives manufacturer, is in the spotlight after receiving a new export order worth Rs.22.36 crores. The company announced that it will supply rocket motors to an overseas customer, strengthening its presence in the global defense market.
This order reflects Premier Explosives Ltd’s expertise in advanced defense manufacturing and highlights the trust international clients place in the company’s capabilities. The delivery of the order is scheduled to be completed on or before 31 March 2026.
This move reinforces Premier Explosives Ltd’s growing role in the international defence arena and aligns with India’s goal of expanding its defence exports. With this order, Premier Explosives continues to demonstrate its ability to meet global defence standards and contribute to the “Make in India” initiative by supplying high-quality defence products to international markets.
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About The Company
Premier Explosives Limited was founded in 1980 and is known for manufacturing explosives and defence-related products using its own technology. Over the years, the company has expanded into producing a wide range of high-energy materials, including bulk and packaged explosives, detonators, solid propellants, and pyrotechnic devices.
Its products are used in industries like mining, infrastructure, defence, space, and homeland security. Premier Explosives plays an important role in India’s missile and space programs by supplying key components for rockets and tactical missiles like Akash, Astra, and BrahMos, as well as strategic missiles like Agni.
The company also operates propellant plants for India’s defence and space agencies and has set up manufacturing units in Madhya Pradesh and Maharashtra. In addition to defence, it has even ventured into producing white button mushrooms for export.
The company’s revenue from operations surged from Rs. 272 crores in FY24 reaching Rs. 417 crores in FY25, reflecting strong business growth. Net profit also rose from Rs. 28 crores to Rs. 29 crores, indicating better cost management and profitability. These figures highlight a solid improvement in both revenue and overall financial performance.
Written by Sudeep Kumbar
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