Premier Explosives Ltd

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NSEBSE

1534.00-45.20 (-2.86%)

03:54 PM,26th Feb 2024

1515.00-63.65 (-4.03%)

04:01 PM,26th Feb 2024

BSE : 526247

NSE : PREMEXPLN

Sector : Industrials

ISIN Code : INE863B01011

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Last Updated: Feb 26 2024 | 04:01 PM IST

Market Cap (₹ Cr)

1649

Turnover (₹ Cr)

0.67

Volume (Shares)

43821

Face Value

10

52-WK High

1669.00

52-WK High Date

15 Dec 2023

52-WK Low

350.40

52-WK Low Date

23 Feb 2023

All Time High

1669.00

All Time High Date

15 Dec 2023

All Time Low

55.10

All Time Low Date

25 Mar 2020

Premier Explosives Ltd

Premier Explosives Limited was incorporated in 1980 and started off with manufacturing slurry explosives and later added complete range of products which now includes bulk explosives packaged explosives detonators bulk explosives detonating cords and other blasting accessories. The Company is engaged in the manufacture of high energy materials and allied products for the defence space mining and infrastructure industries. The company has been developing and manufacturing solid propellants for rockets like Pinaka tactical missiles like Astra Akash LRSAM / MRSAM / QRSAM Brahmos etc. strategic missiles like Agni and also for strap-onmotors of satellite launchers. The extended capabilities of the company include products such as chaff IR flares explosive bolts pyro devices smoke markers cable cutters tear gas grenades and many other products including pyrogen igniters for defence and space applications. The company is the pioneer in indigenising the technology for manufacture of explosives and accessories.Promoted by A N Gupta and S V Kannan both of whom have more than 20 years of experience in the industry the Company started commercial production in Sep.'93.Premier Explosives also manufactures site-mixed slurry (SMS) bulk explosives and detonators with an installed capacity of 11000 tpa and 32 mln pa respectively. The plants for PETN and detonating fuses went on stream in 1994-95. The company which started out as an ancillary unit to Singareni Collieries now also supplies to Coal India and Neyveli Lignite. The company had set up plants for bulk explosives in Madhya Pradesh and Maharashtra. It has also diversifed into the production of white button mushrooms which have export potential. It is availing of tax advantage by setting up a 100% EOU in Medak Andhra Pradesh (inst. cap. : 3000 tpa). It acquired land and entered into an agreement with Tray Master UK for technical know-how and critical equipment. A marketing agreement has been entered into with Metro Trade US to market 70% of its production. The other 30% will be marketed directly. The Company has started a division at Singrauli for manufacture of SMS explosives. The Company has also entered into the area of Rock Blasting & Drilling contracts.In 2003 the Company emerged as a reliable provider of Solid Propellants for various missile projects by venturing into defence products with manufacture of a small igniter. The Special Products Division of the Company commenced commercial production effective on February 01 2005. The production of Solid Propellants was commissioned in September 2006. Commercial production for manufacturing G.I.Wire was commissioned in Feb' 09. An additional Bulk Explosive production plant was commissioned at Neyveli from October 2009. It commissioned Solid Fuel Complex (SFC) Jagdalpur operations from Nov' 09 and commissioned 800 kW Wind Mill in Pushpathur Village in Tamil Nadu in Sep' 09. The Katepally Greenfield Project operations got commissioned during 2020-21.

Premier Explosives Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

1649

EPS - TTM (₹) [S]

22.16

P/E Ratio (X) [S]

7.76

Face Value (₹) 10
Latest Dividend (%)17.00
Latest Dividend Date 22 Sep 2023
Dividend Yield (%) 0.11
Book Value Share (₹) [S]197.80
P/B Ratio (₹) [S]7.76
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
HDFC Defence Fund - Regular (G) 77.87 558878 3.96
HDFC Defence Fund - Regular (IDCW) 77.87 558878 3.96
HDFC Defence Fund - Direct (G) 77.87 558878 3.96
HDFC Defence Fund - Direct (IDCW) 77.87 558878 3.96
HDFC Infrastructure Fund (G) 57.81 414877 3.92
HDFC Infrastructure Fund (IDCW) 57.81 414877 3.92
HDFC Infrastructure Fund - Direct (IDCW) 57.81 414877 3.92
HDFC Infrastructure Fund - Direct (G) 57.81 414877 3.92

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

1503.00

1577.50

Week Low/High

1392.30

1610.00

Month Low/High

1267.00

1610.00

Year Low/High

350.40

1669.00

All time Low/High

1.00

1669.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week5.76%5.96%0.110.00%
1 Month7.52%7.32%2.963.60%
3 Month4.19%4.27%10.3411.76%
6 Month33.48%33.19%12.1814.83%
1 Year324.05%327.54%22.4126.66%
3 Year957.20%956.11%48.2552.26%

Company Info

Company Information

Chairman (Non-Executive) : A N Gupta

Managing Director : T V Chowdary

Director : Kailash Gupta

Independent Director : AnilKumar Mehta

Independent Director : P R Tripathi

Independent Director : A Venkataraman

Independent Director : K Rama Rao

Independent Director : P R Kumar

Director (Operation) : Y Durga Prasad Rao

Company Sec. & Compli. Officer : K Jhansi Laxmi

Director : Shonika Prasad

Registered Office: Premier House 11 Ishaq Colony, Near AOC Centre,Secunderabad,Andhra Pradesh-500015 Ph: 91-40-66146801-5

Email:investors@pelgel.com

URL:http://www.pelgel.com