Premier Explosives PREMEXPLN
Defence Procurement (DAC approvals): Small maker of propellants, explosives and pyrotechnic devices for missiles, rockets and chaff/flares
Mapped in 2 themes: Naval Shipbuilding & Defence Shipyards and Defence Procurement (DAC approvals).
Where Premier Explosives sits in the supply chain
Premier Explosives appears in 2 supply-chain layers across 2 themes: Naval Shipbuilding & Defence Shipyards and Defence Procurement (DAC approvals).
Naval Shipbuilding & Defence Shipyards › Combat Systems, Weapons, Explosives & Ammunition
Direct supplierSmaller explosives/detonator maker with ISRO and DRDO exposure
Other companies in this layer
Defence Procurement (DAC approvals) › Ammunition, rockets & explosives
Direct supplierSmall maker of propellants, explosives and pyrotechnic devices for missiles, rockets and chaff/flares
Other companies in this layer
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 272 | 417 | 388 |
| Net profit | 28 | 29 | 46 |
Latest-year revenue ₹388 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths · in Defence Procurement (DAC approvals)
- Qualified supplier of solid propellants to DRDO and missile programmes
- Defence share rising as ammunition orders grow
- Revenue roughly doubled FY22-FY26
Risks · in Defence Procurement (DAC approvals)
- Small company - one plant incident or order slip moves results
- FY26 revenue dipped despite strong demand
- High P/E for its size
Common questions
What does Premier Explosives do?
In Defence Procurement (DAC approvals): Small maker of propellants, explosives and pyrotechnic devices for missiles, rockets and chaff/flares. NextResearch maps it in 2 supply chains: Defence Procurement (DAC approvals) and Naval Shipbuilding & Defence Shipyards.
Where does Premier Explosives sit in the supply chain?
Premier Explosives (NSE: PREMEXPLN) is mapped in 2 supply-chain layers: Combat Systems, Weapons, Explosives & Ammunition (Naval Shipbuilding & Defence Shipyards); and Ammunition, rockets & explosives (Defence Procurement (DAC approvals)).
Who are Premier Explosives' peers?
In the Ammunition, rockets & explosives layer of Defence Procurement (DAC approvals): Solar Industries India, Munitions India (not NSE-listed) and Bharat Forge.
What is Premier Explosives' market cap and valuation?
As of 30 Oct 2026: market cap ₹2,996 Cr, P/E 87.1x, ROCE 23.0%, ROE 18.8%, dividend yield 0.09%.