NSE: PREMEXPLN | BSE: 526247

Mid-range Performer

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501.30 -14.25 (-2.76%)

High vol. this week

NSE 04 Mar, 2026 1:35 PM (IST)

2,695

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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.

20 Feb 2026

501.30

-2.76%

Premier Explosives Ltd.

Buy: Premier Explosives Ltd.

Target

ICICI Direct

Expanding capacities across defence segment with focus on increasing better-margin products: Company is in process of increasing its capacity of Katepally facility (which focuses on RDX, HMX, and rocket integration) which is expected to be commissioned by Q1FY27E. Company plans a further capex in Telangana (land expected to be allotted in the coming months), which would further increase the overall capacity. A greenfield plant in Odisha is planned in three phases (~Rs. 800 crores capex over the next ten years). However, land has not been allotted for the same. We...

Premier Explosives L.. has an average target of 610.00 from 1 broker.

Premier Explosives Ltd.

16 Nov 2025

501.30

-2.76%

Premier Explosives Ltd.

Buy: Premier Explosives Ltd.

ICICI Direct

Growth set to pick-up led by strong industry tailwinds 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...

Premier Explosives L.. has an average target of 610.00 from 1 broker.

Premier Explosives Ltd.

13 Oct 2025

501.30

-2.76%

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.'s price crossed below 50Day SMA today

Premier Explosives Ltd.

04 Sep 2025, 12:00AM

501.30

-2.76%

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.'s price crossed below 50Day SMA today

Premier Explosives Ltd.

27 May 2019

501.30

-2.76%

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. is trading below its 100 day SMA of 537.9

Premier Explosives Ltd.

31 Oct 2018

501.30

-2.76%

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 has gained 53.68% in the last 1 Year

Premier Explosives Ltd.

14 Aug 2018

501.30

-2.76%

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.'s price crossed below 50Day SMA today

Premier Explosives Ltd.

29 May 2018

501.30

-2.76%

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 has gained 53.68% in the last 1 Year

Premier Explosives Ltd.

06 Mar 2018

501.30

-2.76%

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.