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Latest news about Premier Explosives

Premier Explosives Secures ₹105 Crore Export Order for Defence Explosives 8 hours ago Today

Premier Explosives Limited has secured an export order worth approximately ₹105.00 crore (USD 12.24 million) for manufacturing and supplying defence explosives to international clients. The order is to be executed within 12 months, marking a significant boost to the company's international presence and financial outlook. This development showcases Premier Explosives' capabilities in the defence sector and its growing competitiveness in the global market.

Premier Explosives Secures Significant Boost in International Order Value 6 days ago

Premier Explosives Secures New Order Worth ₹6.62 Crore Jun 19, 2025

Premier Explosives Eyes ₹700 Crore Order Book for FY2026 Jun 09, 2025

Premier Explosives Resumes Operations as Telangana Pollution Board Revokes Closure Order Jun 03, 2025

More news about Premier Explosives

23May 25

Premier Explosives Shares Plummet 40% on Weak Q4 Performance

Premier Explosives Ltd, a leading explosives and defense products manufacturer, reported a significant decline in Q4 performance. Revenue fell 15% YoY to ₹74.00 crore, with EBITDA and net profit dropping 37% and 50% respectively. Despite meeting full-year revenue guidance, the company missed margin expectations. The stock is currently locked in a 10% lower circuit, down 40% from its 52-week high. However, Premier Explosives maintains a robust order book of ₹750.00 crore, potentially providing stability for future operations.

22May 25

Premier Explosives Q4 Results: Revenue and Profit Decline Amid Challenging Market Conditions

Premier Explosives Ltd, a manufacturer of explosives and defense products, reported a decline in financial performance for Q4 FY24. Revenue decreased by 14.7% to ₹740.80 crore, EBITDA fell by 36.6% to ₹95.60 crore, and net profit dropped by 45% to ₹37.40 crore compared to Q4 FY23. The EBITDA margin contracted to 12.91% from 17.39%. However, net profit showed sequential improvement from the previous quarter.

13May 25

Premier Explosives Faces Factory Closure After Tragic Incident, Stock Tumbles

Premier Explosives Ltd. received a closure notice from the Telangana Pollution Control Board for its Katepally Village factory following a fire and explosion on April 29, 2025. The incident resulted in three deaths and six injuries. The company's stock fell 6.00% in response. Premier Explosives is working to address the situation and regain operating consent, facing challenges in production capacity, financial impact, reputation management, and increased regulatory scrutiny.

12May 25

Premier Explosives Faces Setback: Katepally Factory Ordered to Close by Telangana Pollution Control Board

Premier Explosives Ltd.'s factory in Katepally has been ordered to close by the Telangana Pollution Control Board (TPCB), likely due to environmental compliance issues. This closure could disrupt production, impact financials, increase regulatory scrutiny, and pose reputational challenges for the company. Premier Explosives will need to address the environmental concerns and work with TPCB to resolve the situation.

30Apr 25

Premier Explosives: Factory Explosion Claims Three Lives, Shares Plummet

An explosion at Premier Explosives Limited's Telangana factory on April 29, 2025, resulted in three fatalities and six injuries. The incident occurred in the propellant mixing building, causing significant damage. The company's shares fell nearly 18% following the news. PEL has stated that the damaged assets were insured and they are assessing the actual losses. The company is cooperating with authorities to investigate the cause of the explosion.

19Mar 25

Premier Explosives Secures ₹189 Million Export Order for Defence Explosives

Premier Explosives Limited (PEL) has secured an export order worth ₹189 million (₹18.90 crore) for supplying defence explosives. The order, to be delivered within 5 months, is from an undisclosed international entity. This development signifies PEL's expansion in the global defence market and is expected to boost the company's revenue. The order highlights PEL's technical expertise and production capabilities in the specialized field of defence explosives.

18Mar 25

Premier Explosives Secures Significant Export Order for Defence Explosives

Premier Explosives Limited (PEL) has received an export order worth 189 million rupees (18.90 crores) for supplying defence explosives to an international client. The order is to be delivered within 5 months, showcasing PEL's expanding global presence and operational efficiency in the defence sector. This development is expected to boost the company's revenue and strengthen its position in the international market. PEL has made necessary disclosures to stock exchanges, confirming no related party involvement in the transaction.

11Mar 25

Premier Explosives Forms Strategic Joint Venture with Global Munition for Defence and Aerospace Manufacturing

Premier Explosives Limited (PEL) has entered into a joint venture agreement with Global Munition Limited (GML), a subsidiary of NIBE Ordnance and Maritime Limited, to manufacture defence and aerospace products. GML will hold 51% stake while PEL will have 49% in the new entity. The joint venture will be governed by a five-member board, with GML nominating three directors and PEL two. The initial capital structure comprises 100,000 equity shares at ₹10 face value each.

10Mar 25

Premier Explosives Expands Operations with New Joint Venture: Global Premier Ltd

Premier Explosives Ltd has incorporated a new joint venture named Global Premier Ltd. This strategic move suggests potential expansion of operations or entry into new business territories. While specific details about the joint venture's focus and partners are not disclosed, it indicates Premier Explosives' proactive approach to growth in the explosives and defense sectors. The joint venture could lead to market expansion, product diversification, technological advancements, and increased competitiveness for the company.

07Mar 25

Premier Explosives Expands Operations with New Joint Venture: Global Premier Limited

Premier Explosives Limited has incorporated a new joint venture company, Global Premier Limited, on March 07, 2025. This strategic move follows an MoU signed with Global Munition Limited, a subsidiary of NmE Ordnance and Maritime Limited. The joint venture aims to expand Premier Explosives' market presence and capabilities in the explosives and defense sectors. While specific details are yet to be disclosed, this collaboration could lead to product portfolio expansion, technological advancements, and access to new markets.