Rs 750 Crore Order Book: Defence Explosives Company Bags New International Order Worth Rs 2,60,00,000

The stock has given multibagger returns of 104 from its 52-week low of Rs 308.95 per share and a whopping 3,755 per cent in 5 years.

Premier Explosives Limited has secured a new export order valued at Rs 2.60 crore for the supply of Commercial Explosives. This international order is to be fulfilled within a concise period of two months. The company will be supplying these explosives to an international client, marking a notable addition to its export commitments.

Premier Explosives Limited is engaged in the manufacturing of industrial explosives and detonators. It also undertakes operation and maintenance (O&M) services of solid propellant plants at the Srihari Kota Centre of ISRO and the solid fuel complex at Jagdalpur under the umbrella of DRDO.

The company has a market cap of Rs 3,240 crore and as of March 31, 2025, the company’s order book stands at Rs 750 crore. The company has delivered good profit growth of 37.6 per cent CAGR over the last 5 years and debtor days have improved from 76 to 33.3 days. The stock has given multibagger returns of 104 from its 52-week low of Rs 308.95 per share and a whopping 3,755 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.