Rs 750 Crore Order Book: Defence Explosives Company Bags Rs 6.62 Crore International Order, Stock Up 884.9 Per Cent in 3 Years

The stock has given multibagger returns of 104 from its 52-week low of Rs 308.95 per share and a whopping 3,917 per cent in 5 years.

Premier Explosives Limited, a leading Indian manufacturer of industrial and defence explosives, has received a significant international purchase order valued at USD 762,860.08 (approximately Rs 6.62 crore). The order, which is to be fulfilled within six months, marks a key milestone for the company’s growing global footprint in defence product exports. This development comes at a time when the company is already benefiting from a robust order book and increasing market confidence.

With 84 per cent of its revenue in the first nine months of FY25 coming from the Defence & Space segment, Premier Explosives has cemented its position as a strategic supplier in India's defence manufacturing ecosystem. The company is the country's first private manufacturer of solid propellants and has served prestigious clients like Bharat Electronics, ISRO, and Bharat Dynamics Ltd. Its product offerings include rocket motors, high explosive charges, flares, and missile-related components. Premier also undertakes operation and maintenance services for solid propellant plants under the Defence Research and Development Organisation (DRDO).

The company's recent momentum is backed by an order book worth Rs 739 crore as of Q3 FY25. It is also expanding its manufacturing capabilities with a new Defence Explosives plant in Odisha and is investing in R&D through partnerships with leading academic institutions to innovate in high-energy materials. In FY24, export revenue contributed 26 per cent of total sales, reflecting growing global demand for its defence solutions.

Despite a temporary setback due to a fire incident in January 2025, Premier Explosives remains on a growth trajectory, aiming to capitalize on India's defence indigenization and export push. The company has reported a remarkable 884.9 per cent return over three years, classifying it as a potential multibagger stock in the small-cap segment. However, over the past one year, the stock has declined by 29 per cent, highlighting some volatility.

As of June 19, 2025, the stock is trading at Rs 587, with a 52-week high of Rs 891.2 and a low of Rs 312.1. The current market capitalization stands at Rs 3,194 crore, and the stock is trading at a Price-Earnings (PE) ratio of 111.12. Major public shareholders include Emerald Company Private Limited (1.39 per cent), Akurdi Trading Company (1.28 per cent), Atim Kabra (1.25 per cent), and Mount Intra Finance Private Limited (1.16 per cent). While there have been no recent announcements of dividends, bonuses, or rights issues, investors are closely watching the company’s Quarterly Results and international orders for cues on future performance.

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