Premier Explosives Ltd Share Price – NSE  / BSE

Chemicals, Small Cap

Premier Explosives will hold a meeting of the Board of Directors of the Company on 13 November 2025.

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Premier Explosives has received orders from the Ministry of Defence, Government of Republic of India, for supply of Chaff's and Flares, for a total value of Rs 429.56 crore (including GST), to be delivered within a period of twelve months.

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According to the company?s exchange filing, the order is to be executed within a period of twelve months.

The company further clarified that neither its promoters nor any members of the promoter group have any interest in the awarding authority. It also confirmed that the transaction does not qualify as a related-party transaction under applicable regulations.

Premier Explosives is engaged in manufacture of high energy materials like bulk explosives, packaged explosives, detonators, detonating fuse, solid propellants, pyrogen igniters, pyro devices, etc., having applications in mining, infrastructure, defence, space, homeland security and such other areas. The company also operates and maintains solid propellant plants of defence and space establishments.

The company's standalone net profit surged 153% to Rs 18.42 crore, while net sales rose 71.6% to Rs 142.15 crore in Q1 FY26 over Q1 FY25.

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The plant had been shut since 29 April 2025, when a powerful explosion in the rocket propellant mixing unit killed three workers and injured three others. In a communication received by the company, TGPCB has cleared the way for production activities to resume, subject to compliance with the conditions specified in its order.

Premier Explosives said it will ensure full adherence to the stipulated requirements laid down by the regulator. The development comes as a relief for the company, with the Katepally facility being a critical hub for its defence and aerospace manufacturing.

The unit produces solid propellants, rocket motors and missiles, HMX/RDX, ammunition, mines, warheads, bombs, and flares, and supplies to key defence programmes including those of the DRDO.

Separately, Premier Explosives said that India Ratings and Research has assigned credit ratings to its bank loan facilities worth Rs 327 crore. According to the rating agency, the company?s long-term bank loan facilities have been rated IND A-/Stable, while short-term facilities have been assigned IND A2+. The outlook is stable.

Premier Explosives is engaged in manufacture of high energy materials like bulk explosives, packaged explosives, detonators, detonating fuse, solid propellants, pyrogen igniters, pyro devices, etc., having applications in mining, infrastructure, defence, space, homeland security and such other areas. The company also operates and maintains solid propellant plants of defence and space establishments.

The company's standalone net profit surged 153% to Rs 18.42 crore, while net sales rose 71.6% to Rs 142.15 crore in Q1 FY26 over Q1 FY25.

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