Premier Explosives Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 10.75 Cr
- Company Age 45 Year, 9 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 327.25 Cr
- Satisfied Charges ₹ 80.41 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. 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 2023. 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 ₹327.25 Cr. The company has closed loans amounting to ₹80.41 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Premier Explosives Limited India are Srihari Pakalapati as CFO and Jhansi Kalakota as Company Secretary. Anil Mehta, Amarnath Gupta, Kailash 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
Industry
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.
Who are the key members and board of directors at Premier Explosives?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tripuraneni Chowdary  | Managing Director | 31-Aug-2005 | Current |
| Srihari Pakalapati | CFO | 24-May-2021 | Current |
| Jhansi Kalakota | Company Secretary | 11-Sep-2020 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anil Mehta | Director | 17-May-2003 | Current |
| Amarnath Gupta | Director | 20-Feb-1980 | Current |
| Kailash Gupta | Director | 27-May-1999 | Current |
| Shonika Gupta | Director | 07-Jan-2022 | Current |
| Prabhakar Tripathi | Director | 28-Sep-2007 | Current |
| Venkataraman Abbaraju | Director | 27-Apr-2009 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Pelnext Defence Systems Private LimitedAmarnath Gupta and Tripuraneni Chowdary are mutual person
- Premier Wire Products Limited
Kailash Gupta, Tripuraneni Chowdary and 1 more are mutual person
Rkec Projects LimitedKumar Ramachandran is a mutual person
Octane Chemicals Private LimitedTripuraneni Chowdary is a mutual person
- Minman Consultancy Services Private Limited
Prabhakar Tripathi is a mutual person
Charges (Loans)
₹327.25 Cr
₹80.41 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 148.78 Cr
- Yes Bank Limited : 123.10 Cr
- Hdfc Bank Limited : 35.37 Cr
- Others : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Sep 2023 | Others | ₹20.00 Cr | Open |
| 16 Mar 2021 | Hdfc Bank Limited | ₹5.37 Cr | Open |
| 18 Nov 2016 | Yes Bank Limited | ₹123.10 Cr | Open |
| 29 Jul 2009 | Hdfc Bank Limited | ₹30.00 Cr | Open |
| 10 Oct 2006 | State Bank Of India | ₹148.78 Cr | Open |
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.
Deals i
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
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
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.
