Premier Explosives receives ₹1.73 crore order for defence products

K N Mishra

    18/Jun/2025

What’s covered under the Article:

  • Premier Explosives receives ₹1.73 crore order from an international client to supply defence products within 12 months.

  • The order falls under SEBI Regulation 30 and is not a related party transaction, per the attached disclosure.

  • The deal reaffirms Premier Explosives’ role in international defence markets with growing global customer trust.

On June 18, 2025, Premier Explosives Limited (PEL), a key Indian defence and explosives manufacturer, officially announced that it has received a purchase order worth ₹1.73 crore from an international client. The company disclosed this update via a regulatory filing to both BSE Limited and National Stock Exchange of India Limited, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This latest order involves the supply of defence-related products and is to be executed over a period of 12 months. While the name of the international client has not been disclosed, the order marks a significant development in Premier Explosives' global footprint and recognition in international markets.

Order Highlights

According to the attached Annexure-I, Premier Explosives provided a detailed breakdown of the order, as per SEBI’s circular dated November 11, 2024 (SEBI/HO/CFD/PoD2/CIR/P/0155):

  • Nature of Order: Supply of defence products

  • Client Type: International entity

  • Contract Value: ₹1.73 crore

  • Delivery Timeline: Within 12 months

  • Promoter Involvement: None

  • Related Party Transaction: No

This order does not involve any promoter group or related party, confirming that it is executed at arm’s length and aligns with corporate governance standards.

Strategic Significance

This development is a testament to Premier Explosives’ growing competence in the defence manufacturing sector, both domestically and globally. Securing an international order adds to the company's credibility and indicates continued trust by foreign clients in India's defence production capabilities.

This is not the first time Premier Explosives has made headlines for its participation in defence manufacturing projects. The company has a long-standing history of catering to both strategic and tactical needs of armed forces, space agencies, and industrial clients.

The ₹1.73 crore order adds to a series of strategic defence contracts Premier has executed over the years and comes at a time when India is pushing for greater exports in defence equipment and indigenous technologies.

Regulatory Compliance

The disclosure was filed by K. Jbansi Laxmi, Company Secretary, as part of the company's commitment to transparency and regulatory compliance. The update was shared with:

  • BSE Limited under Scrip Code: 526247

  • National Stock Exchange of India Ltd (NSE) under Symbol: PREMEXPLN

The filing includes all the required details mandated under SEBI’s latest circular on material event disclosures, ensuring that the information is complete and in compliance with corporate governance norms.

About Premier Explosives Limited

Premier Explosives Limited, headquartered in Secunderabad, Telangana, is one of India's premier manufacturers of explosives and solid propellants for defence, space, and mining sectors. The company was incorporated in 1980 and has since played a key role in defence indigenization efforts under the Indian Government’s Atmanirbhar Bharat (self-reliant India) mission.

Key product offerings include:

  • Solid propellants for missiles and rockets

  • High-energy explosives

  • Ammunition components

  • Detonators and accessories

  • Specialised materials for DRDO and ISRO

PEL is known for its R&D-driven manufacturing with several in-house developed technologies. The company has production facilities that are certified with international standards and continues to be a trusted supplier to India’s leading defence research institutions and armed forces.

Global Expansion and Future Outlook

This ₹1.73 crore international contract aligns with Premier Explosives’ broader strategy to expand into foreign markets. With India's growing stature as a defence exporter, especially in Southeast Asia, Africa, and parts of the Middle East, companies like Premier are increasingly focusing on overseas orders that complement domestic defence initiatives.

With increased defence budgets globally, the demand for reliable, cost-effective explosive and propellant solutions is growing. Premier Explosives is uniquely positioned to capitalize on this demand due to:

  • Proven track record with DRDO, ISRO, and Indian Armed Forces

  • Strong regulatory compliance and export licenses

  • Technological depth and scalable manufacturing units

The order also reflects India's expanding role as an exporter of high-grade defence products, moving beyond self-sufficiency to becoming a supplier to international governments and defence entities.

Conclusion

The ₹1.73 crore international order announced by Premier Explosives Limited marks a strategic victory in its journey towards becoming a global defence manufacturer. It showcases the company's capabilities, compliance, and confidence in managing sensitive international contracts. With this momentum, Premier Explosives is poised for stronger international presence, increasing revenue visibility, and broader defence market penetration in the coming quarters.

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