Premier Explosives Bags ₹429.56 Crore Order from the Defence Ministry

Premier Explosives Limited has received an order worth ₹429.56 crore from the Ministry of Defence for supplying chaffs and flares to the Indian Air Force. The company said the order value includes GST and will be completed within 12 months. The order covers the manufacturing and delivery of countermeasure systems used on aircraft.

Use and Function of Chaffs and Flares

Chaffs and flares are defensive components fitted on military aircraft. Chaffs disperse small pieces of metal to confuse radar-guided missiles, while flares produce heat to divert infrared or heat-seeking missiles. These systems are used to protect fighter jets during combat and training operations.

Premier Explosives Background

Founded in 1980 and based in Secunderabad, Premier Explosives manufactures solid propellants, pyrotechnics, and other high-energy materials. The company works with agencies like DRDO, ISRO, and the Indian Armed Forces. Apart from defence, it also supplies explosives for mining and space applications.

Defence Sector 

The order comes at a time when India is focusing on building domestic capacity in defence manufacturing. Orders for indigenous equipment have been increasing under government initiatives to reduce imports and promote local production. Several private sector firms, including Premier Explosives, have been expanding production capabilities to meet the growing demand.

Premier Explosives Share Price Performance 

As of October 29, 2025, 09:54 AM, Premier Explosives share price was trading at ₹621.75, a 1.30% decline from the previous closing price. 

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Conclusion

The ₹429.56 crore order adds to Premier Explosives’ defence pipeline and will be executed within a year. The deal shows continued procurement from Indian suppliers for essential Air Force equipment.

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