Premier Explosives Secures ₹21.45 Crore Defence Export Order, Boosting Global Presence

Image Source: Trade Brains

Premier Explosives Ltd., a leading manufacturer of defence-grade explosives and propellants, announced that it has received an export order worth ₹21.45 crore from international clients. The contract involves the supply of specialized defence explosives, with delivery scheduled over the next five months.

Order Details & Strategic Impact

The order is part of Premier’s growing portfolio of international defence contracts, reinforcing its reputation as a trusted global supplier.
The deal is expected to positively impact revenue and strengthen the company’s position in the strategic defence manufacturing sector.
No related-party transactions or promoter group involvement were reported, ensuring transparency and compliance.

About Premier Explosives Ltd.

Headquartered in Secunderabad, the company manufactures:

Bulk and packaged explosives
Detonators and fuses
Solid propellants for missiles like Akash and Astra
Pyro devices including chaff, IR flares, and explosive bolts
Premier also operates and maintains propellant plants for ISRO and DRDO, highlighting its strategic importance in India’s defence ecosystem.

Market Reaction & Financials

Following the announcement, Premier’s stock rose by up to 4.12%, hitting a high of ₹341.00 per share.
The company reported a 250% revenue increase in Q3 FY24-25, with net profit jumping from ₹1.71 crore to ₹9.22 crore.
Defence contracts now account for 88% of its order book, underscoring its core business focus.

Sources: Trade Brains, Angel One, Business Standard, HDFC Sky, Bajaj Broking