Premier Explosives Share Price

Premier Explosives Limited was founded in 1980. The company has gradually widened its manufacturing base over time. It now produces solid propellants and detonators, along with explosive devices and other specialised products used by defence organisations as well as industrial customers. Its client’s includes major government bodies such as the Indian Space Research Organisation (ISRO) and the Defence Research and Development Organisation (DRDO), along with several public and private sector mining enterprises.

Headquartered in Hyderabad, India, Premier Explosives operates multiple manufacturing facilities across India and serves both domestic and international markets. The company is listed on the National Stock Exchange (NSE: PREMEXPLN) and the Bombay Stock Exchange (BOM: 526247).

Premier Explosives Business Segments And Revenue Model

Premier Explosives Limited is engaged in the development, production, and distribution of explosives, high-energy materials, and propellants for defence, aerospace, and industrial applications. The company’s operations are organised around specialised product segments that support both government and commercial customers.

Defence and Space Products is the company’s largest segment. It produces solid propellants, fully assembled rocket motors, explosive charges, flares, and pyrotechnic initiators for missile systems such as Akash and defence platforms. Key customers include defence and space agencies such as Bharat Dynamics and ISRO, as well as other strategic organisations.

Premier Explosives manufactures packaged and bulk explosives, detonators, and accessories for use in mining, infrastructure development, and construction projects. These products support blasting operations and industrial excavation activities.

Premier Explosives generates revenue by selling explosives and high-energy products to the defence departments, mining companies, and infrastructure projects, as well as through exports to international markets. The growing proportion of defence and aerospace products has been a significant growth driver for the company in recent years.

Premier Explosives Key Milestones

• 1980: Dr. A. N. Gupta established Premier Explosives Limited to produce commercial explosives and detonators with locally available technology.
  
• 1987: It became a public limited company, and financial institutions like IFCI and ICICI became stakeholders in the company.
  
• 1990-2000: Research-based innovation in explosives technology and embraced dematerialisation with NSDL and CDSL.
  
• 2003: Another move to venture into the defence industry by creating pyrogen igniters and solid propellants, making it one of the pioneer private companies in India to produce the products.
  
• 2013: It was the first company to produce Nickel Hydrazine Nitrate (NHN)-based detonators in commercial quantities in the world.
  
• 2010s: Achieved ISO 9001 and AS9104 certifications, NABL accreditation of its R&D laboratories, and strengthened collaborations with institutions such as IIT Madras.
  
• Recent Years: Strengthened R&D partnerships with major organisations and launched better propellants for missiles such as Akash, Astra, and LRSAM.
  

Premier Explosives ESG And Sustainability

• Authorised facilities handle hazardous waste. Solid waste is sent to the Hyderabad Waste Management Project, while liquid effluents are treated at the MANA Effluent Treatment Plant.
  
• E-waste is disposed of through Telangana Pollution Control Board-authorised recyclers, and explosive-contaminated materials are destroyed within factory premises in accordance with the Explosives Rules, 2008.
  
• Manufacturing operations report no plastic waste generation.
  
• Employee and worker coverage includes health and accident insurance, along with periodic safety training and workplace risk monitoring.
  
• Operations certified under ISO 9001:2015 and AS9100D, with NABL accreditation and CE marking for quality and compliance.
  

Premier Explosives Awards And Recognitions

• SME – Empowering India Award 2019 in the Defence & Aerospace (Mid-Corporate) category in 2019.
  
• HEMSI Honorary Fellowship awarded to Dr A. N. Gupta in 2016.
  
• Outstanding Entrepreneur Award in 2015.
  
• Appreciation for the development of propellant composition for LRSAM without combustion instability in 2014.
  
• Inc. India Innovative 100 Award for plant-scale manufacture of NHN detonators in 2013.
  
• Appreciation for the development of propellant casting of motors and igniters for the first and second stages of Agni-4 in 2011.
  
• Appreciation for the development of Pyrogen Igniters for Agni A4 in 2010.
  
• Appreciation for the development of Pyrogen Igniters for Agni A3 in 2008.
  
• Defence Technology Absorption Award in 2007.
  
• Best R&D Effort Award in 2007.
  
• Best Technology Development Award for R&D achievements during 2005–2007.
  
• Best Greenery Development Award during 2004–2007.