Premier Explosives Receives ₹190 Crore Worth Defence Export Order; Share Price Jumped 4%

On August 4, 2025, Premier Explosives Ltd informed the exchanges that it received an international order valued at $21.75 million, which translates to approximately ₹190.07 crore. This order pertains to the manufacture and supply of defence explosives and is scheduled for execution within 2 years. 

Premier Explosive Order Book Strength

As of March 31, 2025, the company had an outstanding order book of ₹750 crore, the majority of which is about 81% is rooted in defence-related contracts, as per the ICRA report. This defence portfolio typically carries better margins and reflects strong government and institutional demand. 

Leading Player In High-Energy Materials

Premier Explosive Ltd, incorporated in 1980, is known for its manufacturing and sale of high-energy materials. Its product range includes bulk explosives, packaged explosives, and initiating systems widely used in sectors such as mining, construction, and infrastructure. Over the years, PEL has expanded its capabilities to include the manufacturing of advanced defence and aerospace products, such as propellants for missiles and rockets and strap-on motors for satellite launch vehicles.

Read More: PSP Projects Share Price Falls 17% to 2-Month Low on Weak Q1 Results and Labour Shortage! 

Strong Presence In Defence And Space Applications

Beyond commercial and industrial explosives, PEL has carved a niche in defence and space-grade products. The company produces items such as chaff, IR flares, explosive bolts, pyro devices, smoke markers, cable cutters, tear gas grenades, and pyrogen igniters. These products serve strategic defence applications and space missions, demonstrating the company’s technical competence and innovation.

Premier Explosive Share Price Performance 

As of 12:08 PM, August 4, 2025, Premier Explosive Ltd (PEL) share price is trading at ₹444.35, a 4.23% increase. 

Conclusion 

With a strong order pipeline, especially from the margin-accretive defence segment, Premier Explosive is set for a phase of operational expansion. Industry tailwinds and strategic collaborations in defence and space make the company’s future business environment potentially favourable.

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