Defence and commercial explosives manufacturer Premier Explosives Ltd. has announced that it has received an order worth ₹7.83 crore from the Ministry of Defence (MoD) for the supply of Counter Measures. According to the company’s exchange filing, the project has an estimated completion timeline of 12 months.
This order highlights Premier Explosives’ growing role as a key supplier of defence-grade products to India’s armed forces.
Premier Explosives: A Brief Background
- Founded: 1980
- Headquarters: Secunderabad, Telangana
- Core Areas: Manufacturing of commercial explosives for mining, infrastructure, and construction sectors, and defence solutions including propellants and specialty devices.
- Product Portfolio:
- Commercial explosives – detonators, boosters, and industrial-grade explosives.
- Defence products – solid propellants, explosive bolts, smoke markers, cable cutters, pyro actuators, and countermeasure systems.
The company began solid propellants manufacturing in 2003, supplying key propellants to defence projects such as:
- Tactical missiles like Astra and Akash,
- Long Range Surface-to-Air Missiles (LRSAM),
- Rocket systems such as Pinaka.
Its solid propellants facility is located at Peddakandukuru in Nalgonda district, Telangana, a dedicated hub for defence manufacturing.
Significance of the New Defence Order
The ₹7.83 crore order for Counter Measures is another addition to Premier Explosives’ defence pipeline. Countermeasure products play a crucial role in protecting military assets against threats such as guided missiles and enemy surveillance.
- Estimated timeline: 12 months.
- Client: Ministry of Defence.
- Category: Defence-grade countermeasure systems.
This order reaffirms the company’s reputation as a trusted partner for indigenous defence manufacturing, supporting India’s Atmanirbhar Bharat (self-reliant India) initiative in defence production.
Financial Performance Snapshot
- FY25 Revenue: ₹417 crore (up from ₹271 crore in FY24).
- Net Profit:
- FY25 – ₹285 crore
- FY24 – ₹281 crore
The revenue growth of over 54% year-on-year reflects strong demand from both defence and commercial clients, although net profit has remained largely flat, indicating higher input or operational costs during FY25.
Strategic Outlook
With rising government focus on indigenous defence manufacturing and increased allocations to modernize India’s armed forces, Premier Explosives is well-positioned to benefit from:
- Expansion of missile and rocket programs requiring solid propellants,
- Demand for countermeasures, actuators, and other niche defence systems,
- Growth in commercial explosives driven by mining and infrastructure projects.
The company’s dual focus on defence and commercial explosives allows it to maintain a diversified revenue base, while its increasing role in supplying missile-grade propellants and countermeasures underscores its strategic importance to India’s defence ecosystem.
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