Premier Explosives Ltd
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Premier Explosives Ltd

PREMEXPLN Share Price

BSE:526247

NSE:PREMEXPLN

425.7

15.70 (3.83%)

As on April 2, 2026 at 04:14 PM
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Performance

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410

419.65

279904

11.92

2

Fundamentals

2,303.13Cr

49.07

8.35

0.22

8.73

0.02%

51.30

About

Premier Explosives Limited is a Rs 750 Cr. company established in 1980 and founded by the first generation entrepreneur Dr. A. N. Gupta, an alumnus of Indian School of Mines, Dhanbad. Since inception it has been a research and innovation oriented company by manufacturing explosives and detonators with totally indigenous technology in 1980's and 1990's. At present, Company 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 is the pioneer in indigenising the technology for manufacture of explosives and accessories. Premier Explosives also manufactures site-mixed slurry (SMS), bulk explosives and detonators. Company started commercial production in September, 1993. The plants for PETN and detonating fuses went on stream in 1994-95. The company, which started out as an ancillary unit to Singareni Collieries, now also supplies to Coal India and Neyveli Lignite. The Company's allied products have been used in defence, space, mining and infrastructure industries. It has been developing and manufacturing solid propellants for rockets like Pinaka, tactical missiles like Astra, Akash, LRSAM / MRSAM / QRSAM, Brahmos, etc., strategic missiles like Agni and also for strap-onmotors of satellite launchers. The extended capabilities of the company consist of products such as chaff, IR flares, explosive bolts, pyro devices, smoke markers, cable cutters, tear gas grenades and many other products including pyrogen igniters for defence and space applications. The company had set up plants for bulk explosives in Madhya Pradesh and Maharashtra. It has also diversifed into the production of white button mushrooms, which have export potential. It is availing of tax advantage by setting up a 100% EOU in Medak, Andhra Pradesh (inst. cap. : 3000 tpa). It acquired land and entered into an agreement with Tray Master, UK, for technical know-how and critical equipment. A marketing agreement has been entered into with Metro Trade, US, to market 70% of its production. The other 30% will be marketed directly. It started a division at Singrauli for manufacture of SMS explosives. The Company has also entered into the area of Rock Blasting & Drilling contracts. In 2003, the Company emerged as a reliable provider of Solid Propellants for various missile projects, by venturing into defence products with manufacture of a pyrogen igniter and solid propellants. The Special Products Division of the Company commenced commercial production effective on February 01, 2005. The production of Solid Propellants was commissioned in September, 2006. Commercial production for manufacturing G.I.Wire, was commissioned in Feb' 09. An additional Bulk Explosive production plant was commissioned at Neyveli from October 2009. It commissioned Solid Fuel Complex (SFC), Jagdalpur operations from Nov' 09 and commissioned 800 kW Wind Mill in Pushpathur Village in Tamil Nadu in Sep' 09. In 2013 Company started commercial-scale manufacture of detonators with Nickel Hydrazine Nitrate (NHN)as primary charge emerging as the world first to do so. The Katepally Greenfield Project operations was commissioned in 2021. The Company held 10,000 Equity shares in PELNEXT Defence Systems Private Limited, representing 100% of equity share capital by making a wholly owned subsidiary of the Company in FY 2022; whereas Premier Wire Products Limited became a subsidiary of the Company by acquiring 80% equity stake in the Company. The Company dispatched the first export shipment of Rocket Motors for an overseas entity in February, 2023. Company also signed a joint venture agreement and shareholders agreement with Global Munition Limited, a subsidiary of NIBE Ordnance and Maritime Limited (NIBE Group company) in March, 2025. It launched rocket motors, ignition systems, and explosive components for several prestigious missile platforms, including Akash, Astra, MRSAM, LRSAM, Agni, and BrahMos in 2025.

1980

PREMEXPLN

NameDesignation
A N GuptaChairman & Non Executive Dir.
Tripuraneni Venkaiah ChowdaryNon Independent Executive Director / MD
Y Durga Prasad RaoExecutive Director (Operation)
Kailash GuptaNon-Exec & Non-Independent Dir
Shonika PrasadNon-Exec & Non-Independent Dir
P R KumarIndependent Non Exe. Director
Ch Seshagiri RaoIndependent Non Exe. Director
V G SekaranIndependent Non Exe. Director
Kumuda RaghavanIndependent Non Exe. Director
N K NandaIndependent Non Exe. Director
K Jhansi LaxmiCompany Sec. & Compli. Officer

Premier Explosives Ltd FAQs

How do I Buy Premier Explosives Ltd Shares?

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By opening a demat account and having your KYC papers confirmed online, you may simply purchase Premier Explosives Ltd shares in BlinkX.

What is the Share Price of Premier Explosives Ltd?

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The share price of any stock is volatile and changes during the day due to a variety of variables. Premier Explosives Ltd's share price is ₹425.7 as of 2026-04-02.

What is the PE ratio of Premier Explosives Ltd?

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Premier Explosives Ltd's P/E ratio is 49.07 times as of 2026-04-02.

What is the PB ratio of Premier Explosives Ltd?

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Premier Explosives Ltd's most recent financial reports indicate a price-to-book ratio of 8.35, showing the company's stock market valuation in relation to the value of its real assets.

What is the Market Cap of Premier Explosives Ltd?

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Market capitalization, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Premier Explosives Ltd's market capitalization is ₹2303.13 Cr as on 2026-04-02.

What is the ROE of Premier Explosives Ltd?

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The current financial records of Premier Explosives Ltd show a 12.25% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

What is the Total Asset of Premier Explosives Ltd?

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According to Premier Explosives Ltd's most recent financial filings, the company has a total asset value of ₹325.85, which includes current and non-current assets such as inventory, cash, properties, and equipment.

What is the 52-week high and Low of Premier Explosives Ltd?

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The 52-week high/low price of a Premier Explosives Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Premier Explosives Ltd's 52-week high and low as of 2026-04-02 are ₹684 and ₹310, respectively.