NSE: PREMEXPLN | BSE: 526247

Strong Performer, Getting Expensive

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604.70 -16.50 (-2.66%)

95.60% Gain from 52W Low

534.2K NSE+BSE Volume

NSE 27 Oct, 2025 3:31 PM (IST)

3,250.9

Market Cap

High in industry

1.0

Beta 1Year

Average volatility

Premier Explosives Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for PREMEXPLN, BSE:526247 Premier Explosives Ltd.

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Premier Explosives Ltd.

13 Oct 2025

604.70

-2.66%

Premier Explosives

Buy: Premier Explosives Ltd.

Target

ICICI Direct

About the stock: Premier Explosives (PEL) specializes in producing high-energy materials, including bulk and packaged explosives and initiating systems for mining, infrastructure & construction. Company also manufactures missile and rocket propellants, strap-on motors for satellite launches, and various defence products like chaff, infrared flares, explosive bolts, and tear gas grenades. Defence contributes ~86% of revenue. OB at Rs 989 crore as of Q1FY26 Strong product portfolio with well-built manufacturing capabilities: PEL is one of the lead manufactures in the Indian explosives and defence...

Premier Explosives Ltd. is trading above its 200 day SMA of 488.6

Premier Explosives Ltd.

04 Sep 2025

604.70

-2.66%

Premier Explosives

Buy: Premier Explosives Ltd.

ICICI Direct

Expanding capacities across defence segment with focus on increasing better-margin products: PEL is initiating a capital expenditure program to strengthen its defence and energetic materials portfolio. The Katepally facility, which focuses on RDX, HMX, and rocket integration, is set to increase production. A greenfield plant in Odisha is planned in three phases, (~Rs. 800 crores over ten years). Phase I, which includes production of ammunition, warheads, and HTPB raw materials, will require ~Rs 100 crore. To finance these initiatives, PEL aims to raise ~Rs. 300 crores through...

Premier Explosives Ltd. is trading above its 200 day SMA of 488.6

Premier Explosives Ltd.

27 May 2019, 12:00AM

604.70

-2.66%

Premier Explosives Ltd: Premier Q4 Results Mixed

Sell: Premier Explosives Ltd.

Target

Karvy

Premier Q4 Results Mixed: Premier Explosives (PEL) Q4 earnings were higher than our estimates for the quarter at Rs.2.62 (Vs. Est 2.43) on the back of improved EBITDA margin of 8.6% in Q4 (158 bps) and tax write backs (Rs. 77 Mn) despite ~ 30% fall in revenue (Rs. 586 Mn) booked during Q4.

Premier Explosives Ltd. has gained 24.85% in the last 3 Months

Premier Explosives Ltd.

31 Oct 2018

604.70

-2.66%

Premier Explosives Ltd: Orders Dry-up; Revenue Visibility Turns Bleak

Sell: Premier Explosives Ltd.

Recommendation Target

Karvy

Orders Dry-up; Revenue Visibility Turns Bleak: Revenue for Q2 declined by 8.1% YoY to Rs. 535 mn on account of lower explosivesales and EPS growth was flat on YoY basis in Q2 to reach Rs. 2.2. The decline in order backlog is a major disappointment and the current order book stands at Rs. 2,719 mn which is just 1x of FY18 revenues.

Premier Explosives Ltd. has gained 41.90% in the last 1 Year

Premier Explosives Ltd.

14 Aug 2018

604.70

-2.66%

Premier Explosives Ltd: Rising Costs Dent Q1 Profitability

Hold: Premier Explosives Ltd.

Recommendation Target

Karvy

Rising Costs Dent Q1 Profitability: Premier Explosives' revenue grew by 4.5% in Q1 to Rs. 569 mn, however, due to rising cost pressures net income margin was down by 270 bps and reached a meagre 1.5% in Q1.

Premier Explosives Ltd. is trading below its 30 day SMA of 610.5

Premier Explosives Ltd.

29 May 2018

604.70

-2.66%

Premier Explosives Ltd: Rising Costs Dent Q4FY18 Profitabili...

Buy: Premier Explosives Ltd.

Target

Karvy

Rising Costs Dent Q4FY18 Profitability: Premier Explosives (PRE) Q4FY18 revenue grew by 15% to Rs. 833 mn on the back of strong execution in the defence segment. Defence revenues grew by 57%followed by commercial explosives at 8.5% in Q4FY18. However, multiple factors like unfavourable pricing, higher Ammonium Nitrate (AN) prices and finance costscontributed to fall in earning for the quarter by three-fourth to Rs. 2.4.

Premier Explosives Ltd. has gained 41.90% in the last 1 Year

Premier Explosives Ltd.

06 Mar 2018

604.70

-2.66%

Premier Explosives Ltd: Order Book Build-up Offers Revenue V... (Mar 06, 2018)

Buy: Premier Explosives Ltd.

Karvy

Order Book Build-up Offers Revenue Visibility; Premier Explosives revenue grew by 21% in Q3FY18 on the back of strong execution; however, pricing pressure in the Coal India contract, delay in pass through of higher Ammonium Nitrate (AN) prices impacted profitability and earnings dropped by 37% YoY to Rs.1.5 in Q3FY18.

Premier Explosives L.. has an average target of 815.00 from 1 broker.

Premier Explosives Ltd.

29 May 2017

604.70

-2.66%

PREMIER EXPLOSIVES L..

buy: Premier Explosives Ltd.

Rudra Shares and Stock Brokers Ltd

Premier Explosives Ltd. is trading below its 30 day SMA of 610.5

Premier Explosives Ltd.

05 Nov 2016

604.70

-2.66%

Premier Explosives Ltd: Picking Pace in Execution; Margins Expanding (Nov 05, 2016)

Hold: Premier Explosives Ltd.

Karvy

Picking Pace in Execution; Margins Expanding: Strong order book position - Premier explosives (Premier) order book by end of Q2FY17 reached to Rs.2370mn; of this, segmental orders for explosives reach to Rs.1610mn, defence to Rs.870mn and services to Rs.250mn.

Premier Explosives Ltd. has gained 56.23% in the last 6 Months

Is Premier Explosives Ltd. worth buying?

146 Votes:

Buy 82.88%

Sell 10.96%

Hold 6.16%

RESEARCH REPORTS

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