Premier Explosives Share Price Surges Over 2% as it Bags ₹7.83 Crore Order from Defence Ministry

Premier Explosives Limited has informed the exchanges that it has secured an order worth ₹7.83 crore from the Ministry of Defence, Government of India. The order is for the supply of Counter Measures.

The company stated that the order must be completed within 12 months. It clarified that a domestic entity awarded the contract and does not fall under related party transactions.

About Premier Explosives

Established in 1980, Premier Explosives is engaged in manufacturing explosives for both defence and commercial purposes. The company produces detonators, boosters, and related products for industries such as mining, construction, and infrastructure.

Defence Manufacturing

Premier has been making solid propellants for defence since 2003. Its facility at Peddakandukuru in Nalgonda, Telangana, supports the production of propellants for missile systems, including Astra, Akash, LRSAM, and rockets such as Pinaka. The company also supplies other products like explosive bolts, pyro actuators, smoke markers, and cable cutters to the defence sector.

Read more: Premier Explosives Receives ₹190 Crore Worth Defence Export Order!

Premier Explosives Financials

In FY25, Premier Explosives reported revenue of ₹417 crore, compared to ₹271 crore in FY24. Net profit was recorded at ₹285 crore in FY25, slightly higher than ₹281 crore in the previous fiscal year.

Premier Explosives Share Price Performance

As of September 11, 2025, 09:43 AM, Premier Explosives share price was trading at ₹541.50, a 2.19% increase from the previous closing price.

Conclusion

The order from the Ministry of Defence is valued at ₹7.83 crore and will be executed over the next year. Premier Explosives continues to work across both defence and commercial explosives manufacturing.

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