Rs 750 Crore Order Book: Defence Explosives Company Bags Rs 1.73 Crore International Order for Defence Products

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 has announced the receipt of a purchase order valued at Rs 1.73 crores from an international entity for the supply of defence products. The company is expected to deliver these products within a period of 12 months. The order is categorised as an international order for the supply of defence products. 

As of June 18, 2025, Premier Explosives Limited's share price was trading at Rs 601.3 on the NSE. Over the last year, Premier Explosives Limited has delivered significant returns, with a 1-year return of 17.21 per cent and a 5-year return of 3,917 per cent. The latest reported revenue for the quarter ending March 2024 was ₹54.89 crore, while the net profit for the same period was ₹5.66 crore.

Premier Explosives Limited is primarily engaged in the manufacturing of high-energy materials, including explosives, detonators, and defence products. The company caters to both the commercial and defence sectors, providing a wide range of products such as bulk explosives, packaged explosives, detonators, and propellants. They are a significant player in the Indian defence sector, contributing to the nation's strategic capabilities through their specialised products.

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 3,917 per cent in 5 years.

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