Synopsis:
A leading Indian explosives manufacturer gained in trade after securing a fresh export order worth Rs. 16.4 crore, adding to its robust order book of Rs. 988.5 crores.
A small-cap explosives stock witnessed buying interest in Wednesday’s session after the company announced receipt of a new export order for commercial explosives. The development lifted sentiment around the stock.
Premier Explosives Ltd, with a market capitalisation of Rs. 3,177.82 crore, opened at Rs. 594.80 on the BSE against its previous close of Rs. 587.15. The stock touched an intraday high of Rs. 602.30, marking an increase of 2.58 percent from the previous close.
What’s the News?
Premier Explosives Ltd informed exchanges that it has received an export order valued at Rs. 16.4 crore for the supply of commercial explosives. The order, placed by an international client, will be executed over a period of 12 months. The company’s total order book stood at Rs. 988.5 crore as of August 12, 2025, reflecting strong business visibility across its commercial and defence segments.
Financial Snapshot – Q1FY26
Quarter-on-Quarter (QoQ): In Q1FY26, Premier Explosives reported significant sequential growth in performance. Revenue rose from Rs. 74 crore to Rs. 142 crore, an increase of 91.9 percent. Operating profit nearly doubled from Rs. 10 crore to Rs. 21 crore, up 110 percent, while profit before tax surged from Rs. 6 crore to Rs. 19 crore, higher by 216.7 percent. Net profit more than tripled from Rs. 4 crore to Rs. 15 crore, marking an impressive 275 percent jump over the previous quarter.
Year-on-Year (YoY): On a yearly comparison, revenue grew from Rs. 83 crore in Q1FY25 to Rs. 142 crore in Q1FY26, up 71.1 percent. Operating profit increased from Rs. 16 crore to Rs. 21 crore, reflecting a 31.3 percent rise. Profit before tax climbed from Rs. 11 crore to Rs. 19 crore, higher by 72.7 percent, while net profit advanced from Rs. 7 crore to Rs. 15 crore, an increase of 114.3 percent year-on-year.
About the Company
Premier Explosives Ltd (PEL), incorporated in 1980, is engaged in the manufacturing and sale of high-energy materials. Its range includes bulk and packaged explosives and initiating systems used in mining, infrastructure, and construction. The company has diversified into the production of propellants for missiles and rockets and strap-on motors for satellite launch vehicles. PEL also manufactures defence and space-related products such as chaff, IR flares, explosive bolts, pyro devices, smoke markers, cable cutters, tear gas grenades, and pyrogen igniters. Additionally, it provides operation and maintenance services for solid propellant plants at ISRO’s Sriharikota centre.
Written by Manan Gangwar
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