Premier Explosives Limited

Manufacturer and seller of industrial explosives, solid propellants, and O&M services for defense and space industries.

1980 | Hyderabad, Telangana (India) | Active
Last Updated:

Premier Explosives Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 10.75 Cr
  • Company Age 45 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 355.42 Cr
  • Satisfied Charges ₹ 115.41 Cr
  • Revenue Growth 1.57%
  • Profit Growth 18.95%
  • Ebitda 15.85%
  • Net Worth 2.64%
  • Total Assets 11.00%

About Premier Explosives

Premier Explosives Limited (PEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 February 1980 and has a history of 45 years and three months. Its registered office is in Hyderabad, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526247 and on the National Stock Exchange(NSE) under PREMEXPLN.

The Corporate was formerly known as Premier Explosives Private Limited. The Company is engaged in the Aerospace, Maritime And Defense Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 10.75 Cr.

The company currently has active open charges totaling ₹355.42 Cr. The company has closed loans amounting to ₹115.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Premier Explosives Limited India are Jhansi Kalakota as COMPANY SECRETARY and Srihari Pakalapati as Cfo. Kumar Ramachandran, Venkataraman Abbaraju, Shonika Gupta, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24110TG1980PLC002633

  • Company No.

    002633

  • Stock Symbol

    BSE : 526247 NSE : PREMEXPLN

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Feb 1980

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Aerospace, Maritime and Defense

What products or services does Premier Explosives Limited offer?

Premier Explosives Limited offers a wide range of products and services, including Computer PCI Cards, Cables & Modules, Power Cords, Mining Equipment Accessories, Mining Electric Detonator, Electromechanical Relay, Time Delay Relay, Cast Booster, Industrial & Slurry Explosive, Hydraulic Rock & Nut Splitter, Hydraulic Rock Splitter.

Company report

Premier Explosives Limited

Explore comprehensive data for Premier Explosives Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Premier Explosives?

Executive Team (3)

NameDesignationAppointment DateStatus
Jhansi Kalakota Company Secretary11-Sep-2020Current
Tripuraneni Chowdary Country flag representing In Managing Director31-Aug-2005Current
Srihari Pakalapati Country flag representing In CFO24-May-2021Current

Board Members (9)

NameDesignationAppointment DateStatus
Kumar Ramachandran Country flag representing In Director 02-Nov-2016Current
Venkataraman Abbaraju Country flag representing In Director 27-Apr-2009Current
Shonika Gupta Country flag representing In Director 07-Jan-2022Current
Anil Mehta Country flag representing In Director 17-May-2003Current
Amarnath Gupta Country flag representing In Director 20-Feb-1980Current
Kailash Gupta Country flag representing In Director 27-May-1999Current

Financial Performance of Premier Explosives.

Premier Explosives Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.57% increase. The company also saw a substantial improvement in profitability, with a 18.95% increase in profit. The company's net worth moved up by a moderate rise of 2.64%.

Premier Explosives revenue growth over time
Premier Explosives profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
1.57%
Revenue from Operations
1.46%
Total Assets
11.00%
Profit or Loss
18.95%
Net Worth
2.64%
EBITDA
15.85%

What is the Ownership and Shareholding Structure of Premier Explosives?

In 2022, Premier Explosives had a promoter holding of 41.33% and a public holding of 58.67%. The company had 2 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹355.42 Cr

Satisfied Charges

₹115.41 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 176.95 Cr
  • Yes Bank Limited : 123.10 Cr
  • Hdfc Bank Limited : 35.37 Cr
  • Others : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Sep 2023Others₹20.00 CrOpen
16 Mar 2021Hdfc Bank Limited₹5.37 CrOpen
18 Nov 2016Yes Bank Limited₹123.10 CrOpen
29 Jul 2009Hdfc Bank Limited₹30.00 CrOpen
10 Oct 2006State Bank Of India₹176.95 CrOpen

How Many Employees Work at Premier Explosives?

Premier Explosives has a workforce of 827 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Premier Explosives Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Premier Explosives, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Premier Explosives's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Premier Explosives

Recent activity within the organization

  • Charges

    A charge registered on 01 Jul 2024 via Charge ID 100949461 with Hdfc Bank Limited was fully satisfied on 15 Mar 2025.

  • Annual General Meeting

    Premier Explosives Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 35.00 Cr with Charge ID 100949461 was registered on 01 Jul 2024.

  • Charges

    A charge with Yes Bank Limited of Rs. 123.10 Cr registered on 18 Nov 2016 with Charge ID 100072661 was modified on 23 Apr 2024.

  • Charges

    A charge with State Bank Of India of Rs. 176.95 Cr registered on 10 Oct 2006 with Charge ID 10022337 was modified on 23 Apr 2024.

  • Balance Sheet

    Premier Explosives Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Premier Explosives Limited?

    Premier Explosives Limited was incorporated on 14 Feb 1980.

  • What is authorized share capital and paid-up capital of Premier Explosives Limited?

    The authorized share capital of Premier Explosives Limited is ₹ 15.00 Cr and paid-up capital is ₹ 10.75 Cr.

  • Who are the current board members & directors of Premier Explosives Limited?

    Currently 12 directors are associated with Premier Explosives Limited.

    • Jhansi Lakshmi Kalakota
    • Kumar Peruvemba Ramachandran
    • Venkataraman Abbaraju
    • Shonika Gupta
    • Tripuraneni Venkaiah Chowdary
    • Anil Kumar Mehta
    • Amarnath Gupta
    • Kailash Gupta
    • Prabhakar Ram Tripathi
    • Ramarao Kathirisetti
    • Durga Prasad Rao Yachamaneni
    • Srihari Pakalapati

  • What is the registered address of Premier Explosives Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Premier Explosives Limited is 'Premier House' 11 Ishaq Colony, Near Aoc Centre Trimulgherry India, Secunderabad, Andhra Pradesh, 500015.

  • What is the corporate identification number (CIN) and company number of Premier Explosives Limited?

    The corporate identification number (CIN) of Premier Explosives Limited is L24110TG1980PLC002633 and the company number is 002633 as per Ministry of Corporate Affairs (MCA).

  • Is Premier Explosives Limited registered with any stock exchange in India?

    Yes, Premier Explosives Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): PREMEXPLN.

  • What is the official website of Premier Explosives Limited?

    The Official website of Premier Explosives Limited is https://www.pelgel.com

  • What has been the recent revenue trend for Premier Explosives Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Premier Explosives Limited has risen by 1.57%.

  • How many employees does Premier Explosives Limited currently have?

    As Per 2023 financial reports, 827 employees are currently employed by Premier Explosives Limited.

  • What change has been observed in the net worth of Premier Explosives Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Premier Explosives Limited has experienced an upsurge of 2.64%.

  • What are the total open charges for Premier Explosives Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Premier Explosives Limited amount to ₹ 355.42 Cr.

  • When was the last Balance Sheet of Premier Explosives Limited filed with the ROC?

    The most recent Balance Sheet for Premier Explosives Limited was filed with the ROC on 31 Mar 2024.

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