Premier Explosives Limited
692.05
INR
-1.05
(-0.15%)
ISIN
INE863B01029
Return %
Stock
S&P 500
1Y
9.45
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
INR
•
in mil. unless spec.Working Capital
INR
•
in mil. unless spec.Growth Rates
INR
•
in mil. unless spec.Quarterly Revenue
INR
•
in mil. unless spec.Quarterly Earnings Per Share
INR
•
in mil. unless spec.Quarterly Dividends Per Share
INR
•
in mil. unless spec.Company Description
- CEO
- Tripuraneni Venkaiah Chowdary
- Full Time Employees
- 855
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- Premier House Secunderabad TS India 500015
- IPO Date
- Nov 18, 1993
- Website
- pelgel.com
- Similar Companies
- Business
- Premier Explosives Limited is an India-based company primarily engaged in the manufacture of high energy materials and allied products, serving the defense, space, mining, infrastructure, and homeland security sectors. The company offers a comprehensive range of products including bulk explosives, packaged explosives, emulsion and slurry explosives, cast boosters, pillow-packs for secondary blasting, detonators (plain, instantaneous electric, electric delay, permitted), detonating fuses with various core loads, and non-electric shock-tube detonators. In addition, the company manufactures solid propellants, fully assembled rocket motors, strap-on motors for satellite launch vehicles, chaff, infrared flares, explosive bolts, pyro initiators, pyrogen igniters, pyro devices, smoke markers, cable cutters, tear gas grenades, and other advanced defense and space-related products. Premier Explosives also undertakes operation and maintenance services for solid propellant plants at defense and space establishments and provides technical support and blasting consultancy services. Its geographic operations extend across India with manufacturing units in Telangana, Madhya Pradesh, Maharashtra, and Tamil Nadu, along with international supply markets. Founded in 1980 and headquartered in Hyderabad, Telangana, Premier Explosives has pioneered the indigenization of explosive technology in India, commencing commercial production in 1993. The company’s latest strategic developments include a significant expansion into the defense sector with an investment approval of approximately Rs. 864 crore to establish a Defence Explosives Raw Materials and Ammunition Plant in Odisha. It also completed a stock split in mid-2024 to enhance equity liquidity, subdividing its shares from a face value of Rs 10 to Rs 2. Despite a temporary operational shutdown in 2025 due to an accident at its solid propellant mixing facility, the company has resumed production after regulatory clearance and is actively securing sizable export orders for defense products, including rocket motors and solid propellants. Premier Explosives maintains strategic ties with Indian defense bodies such as DRDO and BDL and is advancing its capabilities with a strong product portfolio tailored to indigenous defense and space applications. The company, publicly listed under ticker PREMEXPLN.NS, operates multiple manufacturing facilities specialized for both commercial explosives and precision defense products. Its vertically integrated operations encompass product research, development, manufacturing, application engineering, and after-sales technical support, targeting mining and infrastructure companies, defense forces, and space agencies in India and abroad. Premier Explosives also emphasizes safety and compliance, supported by a technically qualified team and a nationwide distribution network ensuring timely delivery even to remote locations. Its product innovation strategy includes manufacturing detonators with Nickel Hydrazine Nitrate as a primary charge and expanding its supply chain footprint to meet growing defense and strategic needs.