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Premier Explosives Bags ₹66.2 Mn Order—Strengthen Defence & Infra Order Book

Updated: June 19, 2025 18:59

Image Source: Finance Saathi

Premier Explosives Ltd. has bagged an order of ₹66.2 million, which will enable it to maintain the pace in the defence and infrastructure explosives segment. The project and client cannot be disclosed, but the order will be executed in the subsequent two quarters and is in line with the company's core competence in high-energy products and allied systems.
 
This win adds to Premier's growing list of contracts in mining, defence, and space applications, and comes at a time when demand for domestically sourced energetic materials is on the rise. The company has been proactively augmenting its presence in solid propellants, pyrotechnics, and explosive devices for strategic sectors such as DRDO- and ISRO-related programs.
 
Key Highlights:
  • Order value: ₹66.2 million
  • Segment: Likely defence or infrastructure explosives
  • Implementation timeline: Q2–Q3 FY26
  • Strategic impact: Increases order book and revenue visibility
  • Growth expectation: Backed by defence indigenization and infra capex push
  • Stock movement: Stocks have appreciated more than 100% YoY with robust order inflows
This action consolidates Premier's position as a significant private-sector player in India's defence manufacturing sector.
 
Source: EnrichMoney – Premier Explosives Company Profile | ValuePickr Forum – Premier Explosives Discussion

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