Premier Explosives Ltd

According to the company's exchange filing, the order is scheduled to be executed within 12 months. The firm also clarified that neither its promoters nor members of the promoter group have any interest in the awarding authority, confirming that the transaction does not fall under related-party dealings as per regulatory norms. 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 consolidated net profit surged 111.5% to Rs 17.81 crore, while net sales fell 20.1% to Rs 75.58 crore in Q2 FY26 over Q2 FY25. The counter fell 5.60% to Rs 525.35 on the BSE. Powered by Capital Market - Live

Premier Explosives has signed a non-binding Memorandum of Understanding (MOU) with Andhra Pradesh Economic Development Board, Government of Andhra Pradesh on 13 November 2025. Under this MOU, the Company has proposed to make an investment of about Rs. 500 crore in the State of Andhra Pradesh for setting up an establishment for manufacture of Defence and Aerospace products.Powered by Capital Market - Live

Net profit of Premier Explosives rose 111.52% to Rs 17.81 crore in the quarter ended September 2025 as against Rs 8.42 crore during the previous quarter ended September 2024. Sales declined 20.11% to Rs 75.58 crore in the quarter ended September 2025 as against Rs 94.60 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales75.5894.60 -20 OPM %8.5717.57 - PBDT28.8315.15 90 PBT25.9012.28 111 NP17.818.42 112 Powered by Capital Market - Live

In an exchanges filing, the company stated that the order will be executed within a period of 12 months. It also clarified that neither its promoters nor members of the promoter group have any interest in the awarding authority. The company further confirmed that the transaction does not qualify as a related-party transaction under applicable regulatory norms. 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 Powered by Capital Market - Live

Premier Explosives will hold a meeting of the Board of Directors of the Company on 13 November 2025.Powered by Capital Market - Live

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.Powered by Capital Market - Live

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. Powered by Capital Market - Live

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. Powered by Capital Market - Live

The company added that the order is expected to be executed within 12 months. Premier Explosives is engaged in the manufacturing of industrial explosives and detonators for mining & infra industries and defence & space. 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.Powered by Capital Market - Live

Premier Explosives has received an order for an amount of Rs 7.83 crore from the Ministry of Defence, Government of India for procurement of Counter Measures, to be delivered within a period of 12 monthsPowered by Capital Market - Live